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Why hundreds of US MBAs are leaving high-paying jobs to clean air ducts and fix plumbing
A growing number of US MBA graduates are abandoning high-paying corporate roles to acquire and run small businesses in sectors like plumbing and air duct cleaning. Through a model known as search funds, they raise capital to purchase existing businesses with established operations. Investor interest has surged, with over $2.9 billion deployed since 1984. Dan Schweber's acquisition of Atlantic Duct Cleaning exemplifies this shift, as he aims to scale the company significantly by 2028.
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