Category: 3-BookTalkDaily

Are you looking for an alternative to a career path at a big firm? Does founding your own start-up seem too risky? There is a radical third path open to you: You can buy a small business and run it as CEO. Purchasing a small company offers significant financial rewards--as well as personal and professional fulfillment. Leading a firm means you can be your own boss, put your executive skills to work, fashion a company environment that meets your own needs, and profit directly from your success.

But finding the right business to buy and closing the deal isn't always easy. In the HBR Guide to Buying a Small Business: Think Big, Buy Small, Own Your Own Company (Harvard Business Review Press, 2017), Harvard Business School professors Richard Ruback and Royce Yudkoff help you:

• Determine if this path is right for you
• Raise capital for your acquisition
• Find and evaluate the right prospects
• Avoid the pitfalls that could derail your search
• Understand why a "dull" business might be the best investment
• Negotiate a potential deal with the seller
• Avoid deals that fall through at the last minute

Arm yourself with the advice you need to succeed on the job, with the most trusted brand in business. Packed with how-to essentials from leading experts, the HBR Guides provide smart answers to your most pressing work challenges.

Listen to the Think Big, Buy Small podcast.

Richard S. Ruback is the Willard Prescott Smith Professor of Corporate Finance at Harvard Business School.

Royce Yudkoff is a Professor of Management Practice at Harvard Business School. Yudkoff cofounded and served for over 20 years as Managing Partner of ABRY Partners, a leading private equity investment firm.

Caleb Zakarin is editor of the New Books Network.

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A righteous sister identifies herself as a biker. She might wrench, or maintain, her own bike, and she prefers to ride with other righteous sisters. Righteous Sisterhood: The Politics and Power of an All-Women's Motorcycle Club (Temple UP, 2025) is Dr. Sarah Hoiland’s insightful ethnography about an all-women motorcycle club (MC). She recounts stories of women bikers for whom riding in an MC is “an act of rebellion” and “liberating” even as it constrains—a reactionary populist version of the American Dream dipped in “girl power.”

Granted unprecedented access to the MC’s initiation rituals, annual ceremonies, and the extensive socialization process, Dr. Hoiland investigates this fascinating subculture, why women choose to join, and why, in some cases, they exit or become exiled.

Righteous Sisterhood also reveals complex and contradictory gender and political dynamics within the club and within the larger subculture. The MC provides a unique, liberatory, womanist space within the larger male-dominated MC social world, but these women remain outsiders, with political voices that are lost in the misogyny of alt-right spaces. As Dr. Hoiland emphasizes, the quest for righteous sisterhood is about finding individual excellence and camaraderie while seeking recognition and immortality within the MC.

This interview was conducted by Dr. Miranda Melcher whose book focuses on post-conflict military integration, understanding treaty negotiation and implementation in civil war contexts, with qualitative analysis of the Angolan and Mozambican civil wars. You can find Miranda’s interviews on New Books with Miranda Melcher, wherever you get your podcasts.

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Faisal Devji's Waning Crescent: The Rise and Fall of Global Islam (Yale UP, 2025) is a compelling examination of the rise of Islam as a global historical actor. Until the nineteenth century, Islam was variously understood as a set of beliefs and practices. But after Muslims began to see their faith as an historical actor on the world stage, they needed to narrate Islam's birth anew as well as to imagine its possible death. Faisal Devji argues that this change, sparked by the crisis of Muslim sovereignty in the age of European empire, provided a way of thinking about agency in a global context: an Islam liberated from the authority of kings and clerics had the potential to represent the human race itself as a newly empirical reality. Ordinary Muslims, now recognized as the privileged representatives of Islam, were freed from traditional forms of Islamic authority. However, their conception of Islam as an impersonal actor in history meant that it could not be defined in either religious or political terms. Its existence as a civilizational and later ideological subject also deprived figures like God and the Prophet of their theological subjectivities while robbing the Muslim community of its political agency. Devji illuminates this history and explores its ramifications for the contemporary Muslim world.

Rounak Bose is a doctoral student in History at the University of Delaware. His research explores the historical categories of caste, religion, ecology, and sovereignties in South Asia and Indian Ocean networks. Besides these specific interests, his disciplinary interests revolve around public history, anthropology, literary studies, the digital humanities, and more recently, the history and politics of Artificial Intelligence.

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What does it mean for a country to seek admiration — and what kinds of institutions try to make that admiration possible?

Yanqiu Zheng’s In Search of Admiration and Respect: Chinese Cultural Diplomacy in the United States, 1875–1974 (U Michigan Press, 2024) traces how China attempted to reshape its international image across a century marked by imperialism, political upheaval, civil war, and Cold War realignments. Beginning in the late Qing, when China’s reputation was battered by foreign domination, Yanqiu examines the painstaking emergence of cultural diplomacy as a long-term pedagogical project, one that sought to teach America about China through art, opera, exhibitions, lectures, and even reconstructed rickshaws. Drawing on archives in the United States, Taiwan, and mainland China, Zheng reconstructs how institutions such as the China Institution navigated competing agendas, the often-chaotic world of philanthropy, and geopolitical crises to present China on a global stage. 

Throughout, In Search of Admiration and Respect asks questions that are still relevant today: How do countries cultivate cultural authority? What happens when narratives of refinement collide with Orientalist imaginaries? And how to institutions such as government ministries, nonprofits, and museums shape the ways nations hope to be seen?

This book will interest readers of modern Chinese history, U.S.–China relations, museum and exhibition history, and anyone curious about how culture intertwines with politics of the global stage.

Listeners of the episode might also want to check out an article that Yanqiu mentions over the course of our conversation: "Chinese Tofu in Cold War Taiwan: Gendered Cosmopolitanism and Contested Chineseness," available here. 

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Transcript of the interview

Minna Salami is a writer, social critic, and thought leader on feminism, knowledge production, and the aesthetics and structures of power. She formerly served as Programme Chair and Senior Fellow at THE NEW INSTITUTE, where she led the Black Feminism and the Polycrisis programme. Her work sits at the intersection of ideas, culture, and systems thinking, with a commitment to making complex theories accessible through books, essays, public speaking, and creative projects.

She is the author of Can Feminism Be African? (Harper Collins, 2025) and Sensuous Knowledge: A Black Feminist Approach for Everyone (Bloomsbury, 2020), which has been translated into multiple languages. Her writing also appears in numerous anthologies and educational publications exploring feminism, African philosophy, media, and cultural criticism.

Her work has featured in The Guardian, The Financial Times, The Ideas Letter, Project Syndicate, and The Philosopher, and she has delivered talks at global institutions including TEDx, the Institute of Arts and Ideas, the European Commission, the Oxford and Cambridge Unions, Yale, and Singularity University at NASA.

Salami was the creative director of the short film Black Feminism and the Polycrisis, which won the Silver Award for Public Service and Activism at the 2024 Lovie Awards.

From 2019 to 2022, she co-directed Activate, an intersectional feminist movement that supported minoritised women in politics and community organising through visibility campaigns, mentoring, and fundraising. The initiative played a key role in shifting narratives and resources toward a more inclusive political landscape in the UK.

She has also worked as a Research Associate and Editor at Perspectiva, advised governments on gender equality, developed national school curricula, and curated cultural events at institutions such as the Victoria & Albert Museum in London.

Her blog, MsAfropolitan, launched in 2010, has reached over a million readers and remains a platform for exploring feminist and African-centred approaches to contemporary life.

Salami is a Full Member of the Club of Rome, a BMW Foundation Responsible Leader, and serves on the advisory boards of the African Feminist Initiative at Penn State University and Public Humanities at Cambridge University Press, as well as the council of the British Royal Institute of Philosophy.

Links to References:
Apart Together – essay on Leopold Senghor and Aimé Césaire’s radical vision for the world

Africa’s Populist Trap for The Ideas Letter

The Niger River and the Dearth of History: Deconstructing the Myths of Mungo Park by Ezenwa E. Olumba

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