The Power of Yet

Failure is a necessary cost of progress. Fail fast, fail forward, and recover quickly. Those are words to live by. At the heart of entrepreneurial success is embracing failures and challenges.  Granted, this is easier said than done. Many of us dread challenges and are crushed by failure. There are some people, however, who do…

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How Does 10x-ing Value Work in an Owner-Managed Business?

Discussing in table with 2 person

Small businesses (100 employees or less) have the lowest valuation multiples of any business. A review of the HBR Guide to Buying a Small Business, an authoritative source, tells us what we need to know about small business valuation multiples. This HBR Guide was written by two Harvard MBA professors for MBA students considering their…

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