I hang out in a lot of #FinancialIndependence and #EarlyRetirement communities online, since the former (though not the latter) remains a key part of our family’s vision. One common trope is people in their 20s who want to retire as early as possible. Mostly, that’s youthful naivety. They don’t want to retire into anything specific...
Source: eBiz Facts This interview was the culmination of three awesome choices I have made in my life! 1) Regular readers of my Monthly Updates will know how open I am sharing my income, equity, business wins and challenges. ‘Transparency’ is one of my core values after all. 2) My focus in recent years, and...
Source: Lawyers Weekly by Jerome Doraisamy The most important resource that a boutique law firm has is the time of its team members. Wasting productivity is a sure-fire way to stall success, argues one professional. Speaking to Lawyers Weekly, international business adviser Jacob Aldridge, who specialises in the legal profession, said he doesn’t believe that...
The easy way to think of Valuation is “V = P x M”. Valuation equals Profit times a Multiple. The Multiplier is a measure of Risk. (Some valuation methods divide by a risk factor … same conversation, and in math dividing by a percentage is the same as multiplying by an integer. If you need...
Originally published on the Shirlaws Business Coaching Blog, 2007-2010. In my last post I discussed my personal theme for this year, and previously I outlined that the general purpose of my blog is to spark ideas and conversation. Clearly, I appreciate the benefits that come from having a clear ‘one word‘ filter. So what’s the one word for the...
Sure, you could read a detailed explanation of how Franking Credits work in Australia, written by a Quant using math no-one understands. Or you could read this 2 minute version by me. Let’s say (for simple numbers) that you own 10% of a Company and that Company makes $100,000 profit. The company will pay Corporate...
