
There Is No Such Thing As Medium Risk - Audio Essay
Permanent Podcast: Real Talk About Private Equity and Buying, Selling, and Operating Small Businesses
Building a Business With Amounts of Downside Variants
We want to make decisions where we don't have far to fall, but have lots of room to jump. Most construction companies have a capped upside and unlimited downside. If you're drafting business models, that's not one you'd take with the first pick. For most of us, everything's framed against price.
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