I'm at the beginning of my journey. I've had a couple of business ideas that I think have good scale and magnitude. I'm trying to whittle those down now based on my personal likes and what I think will have the highest Wealth Acceleration Factor (WAF) for me.
One thing I am fascinated by is a very brief section in Fastlane where @MJ DeMarco talks about the average valuation multiplier applied to your annual margins to determine the sale price of your business. (In other words a company that nets you a million a year might sell for anywhere from a million to 17 million depending on what industry you're in).
I've been looking through old college text books and digging through various online resources and am having trouble finding this information. I have found a few free websites but the information seems... unreliable.
Anyone have any idea where I could find a basic outline of factors by industry?
I'm just trying to maximize as much as I can up-front....
One thing I am fascinated by is a very brief section in Fastlane where @MJ DeMarco talks about the average valuation multiplier applied to your annual margins to determine the sale price of your business. (In other words a company that nets you a million a year might sell for anywhere from a million to 17 million depending on what industry you're in).
I've been looking through old college text books and digging through various online resources and am having trouble finding this information. I have found a few free websites but the information seems... unreliable.
Anyone have any idea where I could find a basic outline of factors by industry?
I'm just trying to maximize as much as I can up-front....
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