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Calculating Seller’s Discretionary Earnings and Valuation
/If you’ve been in the marker for a small business, you have probably come across the term “Seller’s Discretionary Earnings” (SDE). SDE is a financial metric used in small business valuations to determine the potential profitability of a business and represents the amount of money a business owner can potentially earn from the business in […]
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Why the “Health Ratio” is Important When Buying a Business
/I was recently assessing a business to purchase and initially it seemed like it was a pretty good deal. It had a high earnings % and enough cash flow to keep my happy. However, when I ran it through a few recession-scenarios, something stuck out at me: when we encountered just a mild recession the […]
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Breaking the YouTube Junk Addiction
/I like YouTube. In fact, I like it a little too much. I’ve found myself spending much to much time just bouncing around watching the “recommended videos” they serve up. Because I wanted to get distracted less, I installed a really nice FireFox plugin – one that hides all YouTube recommended videos. This only has […]
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Latest Alldocumentaryshort video 07:59 David Foster Wallace – The Dangers Of Internet & Media Addiction 03:54:44 Adam Curtis’ The Century of the Self 06:41 Positive Personality Disintegration The Consumer Life Allshort videodocumentary 07:59 David Foster Wallace – The Dangers Of Internet & Media Addiction 03:54:44 Adam Curtis’ The Century of the Self The Expressed Life […]
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Breaking the YouTube Junk Addiction Bob I like YouTube. In fact, I like it a little too much. I’ve found myself spending much to much time just bouncing around watchi… Patience and Persistence: Twin Virtues Of The Successful Entrepreneur Bob Getting a business off the ground requires a lot more than just a good idea […]
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Patience and Persistence: Twin Virtues Of The Successful Entrepreneur
/ | Leave a CommentGetting a business off the ground requires a lot more than just a good idea and some luck. It requires intestinal fortitude, a will of steel, infinite patience and unstoppable persistence. The good news is that if you have those things, it’s a cake walk.
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How to Increase Life Satisfaction
/A man should learn to detect and watch that gleam of light which flashes across his mind from within, more than the lustre of the firmament of bards and sages. Yet he dismisses without notice his thought, because it is his. Ralph Waldo Emerson Two and a half years ago I left the corporate programming […]
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Beware the Comfort Zone
/ | 1 Comment on Beware the Comfort ZoneIt’s easy to avoid taking risks and get lulled into a sense of comfort for long periods of time. Avoid this. The Comfort Zone Trap Being risk averse and always trying to stay ‘comfortable’ is a prescription for boredom, depression and fragility. It ensures you’ll live in an ever-shrinking box. This picture from Feel the Fear…And […]
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