The Field Reports
Field Reports.
How founder-led companies leak profit, stall on the founder, and get rebuilt to run without them. Written plainly. The numbers attached.
Why a Business That Needs You Is Worth Less
A business that needs you is worth less. Buyers don't pay for revenue — they pay a multiple of EBITDA, and that multiple turns on one question: can it run without you? Here's the math, and how the build fixes it.