Does anyone have experience running a business in absentee ownership?

by a searcher from The University of Michigan - Stephen M. Ross School of Business

3 years ago

The size of the company and the industry it is in matters in this case but is there a correlation to what the minimum size of the work force has to be for this to work? You also must have a good manager in place and incentivize him to run the operations with the same level of rigor and passion at the expense of lower cash flow to you. What are the key success criteria to make absentee ownership to work? I am curious to hear some of your experiences and insights on this topic. 

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admin from Massachusetts Institute of Technology - MIT Sloan School of Management

^Searchfunder member‌ - There was a similar post regarding absentee ownership. You can find older posts by using the search bar. Tagging the author ^Searchfunder member‌. Here is the direct link: https://www.searchfunder.com/post/multiple-acquisitions-or-absentee-business

3 years ago | like reply | 0 likes

professional from The Chicago School of Professional Psychology

Hi Adem - this is a great question that does not necessarily have clear answer. Incentives, role clarity, Making sure there is good role clarity between operators and owners is critical. I am happy to chat more how I have worked with exiting ownership and new operators.

3 years ago | like reply | 0 likes

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