Ep 51: How to Scale Businesses that Blackstone would Acquire [Nick Bradley: Investor, and Scale Up and Exit Specialist]
Buy and Build
00:00
How to Make a CFO, COO, and CFO Permanent
The first job to go when a private equity firm buys a company, certainly in the high eight figures, nine figures, is the CFO. So having a hired gun in there, a striker, whatever, Michael Jordan, if you've got someone like that in there who's in there to absolutely do a job, and they get a success for your compensation as well. And I'm quite happy for the guys I put in to negotiate their own success fees.
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