Remove EBITDA Remove Finance Remove Management Remove Planning
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Don’t Turn Your Sales Team Loose Without a Strategy

Harvard Business Review

Either directly in meetings or implicitly in their compensation plans, they basically tell their sales forces to “Go forth and multiply!” This is ineffective deal management, and it eventually leads to loss of positioning with customers, and, over time, the nurturing of “commodity competencies.”

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Which MBAs Make More: Consultants or Small-Business Owners?

Harvard Business Review

Owners of small businesses can set their own hours, make their own management decisions, and take pride in the ownership of their work. The value of that carried interest, of course, depends on the performance of the business, its size, amount of debt used to finance the acquisition and the eventual pricing of a subsequent sale.