Small Business with Money

Calculating Seller’s Discretionary Earnings and Valuation

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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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Building looking sick

Why the “Health Ratio” is Important When Buying a Business

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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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Patience and Persistence: Twin Virtues Of The Successful Entrepreneur

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Getting 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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Leave Corporate Life And Create A New One

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Feel trapped in your current job? Career hit a dead-end? Or maybe you’re just sick of the corporate grind all-together. Many people feel this way. The problem is that most think this is “just the way it is” and that’s that. I’m here to strongly proclaim that the nonsensical existence many of us lead is neither […]

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Visualizing Your Way To A Better Life

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One thing I’ve struggled with much of my life is long-term goal setting. I knew that long-term goals would help structure my life but I would often get tripped up with problems I hit along the way. Lately I’ve been experimenting with a technique that’s much more visual, and it’s been working beautifully.

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