Buying Your Way Into Entrepreneurship - Harvard Business Review

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SKIP TO CONTENTHarvard Business Review LogoEntrepreneurshipBuying Your Way into Entrepreneurship

by Richard S. Ruback and Royce Yudkoff

From the Magazine (January–February 2017)Sam Island
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Many aspiring leaders take conventional routes to the top in business: They get on a C-suite track at a large company, climb the ladder to partnership at a consulting or investment firm, or launch their own start-up. But there is another career path that has become increasingly popular in recent years: buying and running an existing operation—or what we call acquisition entrepreneurship. A record number of such transactions occurred in the United States during the first three quarters of 2016, according to BizBuySell, an online small-business marketplace.

A version of this article appeared in the January–February 2017 issue of Harvard Business Review.Richard S. Ruback is a professor at Harvard Business School and a coauthor with Royce Yudkoff of the HBR Guide to Buying a Small Business (Harvard Business Review Press, 2017).Royce Yudkoff is a professor at Harvard Business School and a coauthor with Richard S. Ruback of the HBR Guide to Buying a Small Business (Harvard Business Review Press, 2017).
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