Think Big, Buy Small

Think Big, Buy Small

Professors Rick Ruback and Royce Yudkoff explore the path to entrepreneurship through the acquisition of an enduringly profitable small business. Based on their Entrepreneurship Through Acquisition course, episodes feature firsthand accounts from acquisition entrepreneurs and other stakeholders, along with insights and guidance on this unique journey.
  • 12 Jun 2024
  • Think Big Buy Small

Introducing Think Big Buy Small

Are you looking for an alternative to a career path at a big firm? Does founding your own startup seem too risky? There's another compelling path open to you: acquiring a small business and running it as CEO. Co-hosted by Harvard Business School professors Richard Ruback and Royce Yudkoff, the show is an extension of their popular course, Entrepreneurship Through Acquisition, and their highly regarded book, HBR Guide To Buying A Small Business. Think Big, Buy Small helps listeners to determine if entrepreneurship through acquisition is for them and, if it is, provides insights and guidance on the different milestones along the journey to acquiring an enduringly profitable small business.

Rick Ruback:

Hi, I’m Rick Ruback.

Royce Yudkoff:

And I’m Royce Yudkoff. 

Rick Ruback:

Welcome to our new podcast from the Harvard Business School, Think Big, Buy Small. This series will let you in on a very special way to become an entrepreneur, how to buy your own business, be your own boss, and get the financial benefits of your efforts. Entrepreneurship through acquisition involves searching for an existing, enduringly profitable smaller business and buying it, usually from a retiring founder. 

Royce Yudkoff:

Our conversations are with guests from all backgrounds and different stages of the entrepreneurship through acquisition journey, from those considering whether this path is right for them all the way through to those who have now sold the businesses they bought as searchers and then ran as CEOs. 

Steve Goulas:

I want to have a little bit more flexibility and control over the decisions that I'm making.

Heather Endresen:

I transitioned into what I felt was a much more exciting space, which was SBA loans for people buying businesses. And it has been this super rewarding journey because I've helped hundreds of people buy their first business.

 

Michael Orzetti:

While I didn't know exactly how my journey would end up, I wanted to maximize my ability to really drive professionally great outcomes for myself, but to do it in a way that minimized any sacrifices I had to make on the home front.

Rick Ruback:

We’ve been helping students understand this less traveled space to personal and professional independence in our courses at the Harvard Business School for nearly 15 years. But you don’t have to attend HBS to take advantage of these opportunities. 

Royce Yudkoff:

Thousands of smaller firms are sold every year and many people have successfully acquired an existing business that is enduringly profitable. So why not you too? 

Rick Ruback:

The goal of the Think Big, Buy Small podcast is to help you decide if entrepreneurship through acquisition is for you and, if it is, to help you to take your first steps on the journey to buying your own small business.

Royce Yudkoff:

Listen to learn more about this special opportunity, entrepreneurship through acquisition. Think Big, Buy Small is coming soon from Harvard Business School. Tune in wherever you get your podcasts!

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