A recent blog post, “Entrepreneurship Through Acquisition (ETA)”, from D^3’s blackbox Lab, led by James Riley, Principal Investigator of the lab and Assistant Professor at Harvard Business School, explores the innovative approach of acquiring existing businesses as a pathway to entrepreneurship. The post, part of a wider series on the blog addressing the wealth gap in the United States, highlights how Tarrus Richardson, founder and CEO of IMB Partners and a Harvard Business School alumnus, leverages ETA as a unique opportunity for aspiring entrepreneurs—particularly those in Black communities—to overcome traditional startup hurdles by purchasing and managing established companies, capitalizing on their existing infrastructure and market presence. This installment of the series sheds light on how ETA can serve as a transformative model for entrepreneurs aiming to make a meaningful impact in the business world, while also acting as a powerful tool for closing the wealth gap experienced by underrepresented and marginalized communities.
Redefining Entrepreneurship: The Power of Acquisition in Business Growth
