CHAPTER 1

The Opportunity: Entrepreneurship Through Acquisition

If you are a manager thinking about making a change in your career or a newly minted MBA looking to begin a management career, this is an opportunity you should consider: You can buy an existing business, right now, and run it as CEO. We call this entrepreneurship through acquisition, and through our work teaching and researching the subject at Harvard Business School, we have seen many professionals find it an intriguing and rewarding alternative to a more traditional job.

Running your own company offers a radically different career path and career lifestyle than does working at a traditional large corporation. It allows you to lead an organization, make decisions that matter, and ...

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