Which MBAs Make More: Consultants or Small-Business Owners?
Harvard Business Review
JUNE 28, 2016
Owners of small businesses can set their own hours, make their own management decisions, and take pride in the ownership of their work. million EBITDA company for 4x paying $6 million and using 50% debt financing. The bank and investors get paid off before the CEO gets any cash for the carried interest.
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