The Stress of Being a Startup

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Bob Greene: It seems like the stress on a founder of especially if they've been running this firm and were very open. And it seems like once they kick into this, there's just by necessity, they it's kind of a secretive thing. So I don't know, maybe that's that maybe a whole other can of war. He says founders need to ensure people understand what you're trying to achieve. The last thing you want is, you know, man, I thought this was just going to be,. You know, it's a mom and pop and we're all in it together and there's 20 of us... But he also warns against over-promising or under-

There comes a time in every analyst's career where they consider starting up their own consultancy. Or, if not that, then at least joining an agency or a consultancy. The nature of most businesses is to grow, and with growth comes the potential for an "exit." This episode dives into that world in an attempt to demystify some of the ins and outs of the acquisition of analytics consultancies, from the owners' perspectives, employees' perspectives, and acquiring companies' perspectives. Since these are all perspectives that none of your dear co-hosts really have, Bob Morris, the co-founder and managing partner for Bravery Group, joined us for a discussion of EBITDA, TTM, CIMs, and even aspects of the space that are not captured by acronyms! For complete show notes, including links to items mentioned in this episode and a transcript of the show, visit the show page.