Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

If you just want to make money, one of the most successful strategies is to learn how to manage, via MBA or otherwise, find a company that's losing money primarily because of management problems, and take it over on some deal where you get a cut of the improvement. Turnarounds can be very profitable for all concerned, and the success rate is reasonably high, maybe 50%.



Consider applying for YC's Fall 2025 batch! Applications are open till Aug 4

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: