3 ms·
> not on a single person, but a single person's work or expertise But this is true for literally everyone in the company, including the owner. It's a rare busi
by throwawayjava 8y ago
> not on a single person, but a single person's work or expertise
But this is true for literally everyone in the company, including the owner. It's a rare business that couldn't change ownership and still thrive under the right circumstances. In fact, there's a whole day of the week that has a nickname because people do this so often ("M&A Monday")
Your "someone with equivalent skills" condition is equivalent to the "under the right circumstances" condition.
So, I'm not sure I see how this is a response to:
> If the company is utterly reliant on a single person, that person is either an equity owner, or should be, and the owner is taking advantage of them.