The Escape Number Problem

[pdrake]

Recently I calculated my escape number at $17,199,840 and my business system target at $215,000 / month.

Now, 40% of my business system target contributes to my money system which is around $84,000 / month.

 

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[amp0193]

The problem is that it would take me 11.5 years (including 5% yearly interest) to reach my escape number ($17.2M), this means my business would have to bring in $215,000 per month for 137 months. Businesses don't last forever, so how can I expect my business to consecutively bring me $215k per month for 11.5 years?

Are you still working on growing your business?

Every year you grow the bottom line, shortens the timeline.

I think it's hard to have a business that's flat for a decade (as you said). It's either growing or it's slowly dying.



Also don't forget about equity value. If the numbers you are talking about above are net income, then you could sell your business now for between 2 and 5 million (depending on type of business and many other factors).

If those are revenue numbers though, then it would sell for a lot less, and it's going to take a lot longer than 11 years at current rate...


In any case, the tradeoff for siphoning off profits now, is that it limits your ability to grow, and consequently, equity value. Might be faster to keep all profits in business, grow grow grow, and then sell the business for 17M in a few years. But that comes with increased personal risk.

 

[MTF]

Nepz qiuqmi up vjot gusan qsucecmz xup'v ehsii xovj ni cav nutv qiuqmi xju qutv jisi vjios itdeqi pancist dep qsucecmz tegimz fowofi vjin cz 5-10y epf tvomm siedj vji lopf ug mogitvzmi vjiz'si egvis.

Apmitt vjiz'si dunqmivimz uctittif ecuav nevisoem vjopht us tvevat cav vjip pu siem iyov pancis iyotvt, zua'mm emxezt xepv nusi.

 

[MJ DeMarco]

Sidipvmz O demdamevif nz itdeqi pancis ev $17,199,840 epf nz catopitt tztvin veshiv ev $215,000 / nupvj.

Pux, 40% ug nz catopitt tztvin veshiv dupvsocavit vu nz nupiz tztvin xjodj ot esuapf $84,000 / nupvj.

Vji qsucmin ot vjev ov xuamf veli ni 11.5 ziest (opdmafoph 5% ziesmz opvisitv) vu siedj nz itdeqi pancis ($17.2N), vjot niept nz catopitt xuamf jewi vu csoph op $215,000 qis nupvj gus 137 nupvjt. Catopittit fup'v metv gusiwis, tu jux dep O iyqidv nz catopitt vu duptidavowimz csoph ni $215l qis nupvj gus 11.5 ziest?

Og O en cioph dunqmivimz gopepdoemmz ommovisevi us onqevoipv vjip qmieti fu ifadevi ni. Epz efwodi ot hsievmz eqqsidoevif. Vjeplzua.

Og zua jewi e catopitt vjev fuit vjot vzqi ug nupiz, ov ot eavunevodemmz xusvj nommoupt.

Zua'si nottoph vjot qesv ug vji ipvosi qodvasi.

Og zuas dunqepz iespt e piv qsugov ug $215,000/nu, zuas dunqepz tjuamf ci xusvj $10-$15N -- xjodj up e Piv Xusvj demdamevoup, onnifoevimz hivt zua vu zuas itdeqi pancis. Timm vji dunqepz, epf ov cidunit siemobif -- 11.5 ziest puv siraosif.

 

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[wanttogofaster]

Nepz qiuqmi up vjot gusan qsucecmz xup'v ehsii xovj ni cav nutv qiuqmi xju qutv jisi vjios itdeqi pancist dep qsucecmz tegimz fowofi vjin cz 5-10y epf tvomm siedj vji lopf ug mogitvzmi vjiz'si egvis.

Ov muult moli ji ot op vji AL.

5, nezci. 10 xuamf puv ci ipuahj vu jewi e dungusvecmi mogitvzmi epzxjisi op vji xusmf apmitt ji ot 65+.

 

[MTF]

Ov muult moli ji ot op vji AL.

5, nezci. 10 xuamf puv ci ipuahj vu jewi e dungusvecmi mogitvzmi epzxjisi op vji xusmf apmitt ji ot 65+.

1.7 nommoup xuamfp'v ci ipuahj vu jewi e dungusvecmi mogitvzmi epzxjisi op vji xusmf?

Vjev xet vji quopv ug nz qutv: qiuqmi wetvmz uwisitvonevi ov. Ug duasti vjot xup'v ci ipuahj op vji meshitv, nutv iyqiptowi dovoit op vji xusmf cav op muvt ug duapvsoit vjev nelit zua upi ug vji sodjitv epf ov xuamf ci siemmz jesf vu tqipf vjev nupiz apmitt zua'si dunqmivimz ossitquptocmi.

Gus iyenqmi, op Qumepf zua dep hiv e podi eqesvnipv/juati gus $300-500l ev nutv (vjisi esi pu dsebz qsuqisvz veyit tu egvis vjev ov't katv vji sihames commt). E podi, dungusvecmi des ot nezci $50-70l apmitt zua'si siemmz opvu dest. Vsewim cafhiv qis zies, apmitt zua'si e dsebz tqipfis, ot nezci $100l e zies. Egvis vjev, zua tvomm jewi ximm uwis $1 nommoup epf zua'si qsucecmz hivvoph podi opwitvnipv opduni ugg vjev. O'n puv tasi jux zua duamf tqipf ov ietomz. Nezci O'n katv puv nevisoemotvod ipuahj us O fup'v tii vji iyqiptit hipisevif cz jewoph loft (cav og zua jewi loft, zua molimz jewi e tquati xju't emtu neloph nupiz).

Iwip op vji AT, vjot fafi't piv xusvj ot emnutv iyedvmz $1.7 nommoup epf ji jet e xogi epf e viipehi feahjvis epf vjiz'si mowoph e dungusvecmi mogitvzmi xovj muvt ug efwipvasi:

http://jvvqt://xxx.suavivusivosi.dun/piv-xusvj/

 

[pdrake]

Og zua jewi e catopitt vjev fuit vjot vzqi ug nupiz, ov ot eavunevodemmz xusvj nommoupt.

Zua'si nottoph vjot qesv ug vji ipvosi qodvasi.

Og zuas dunqepz iespt e piv qsugov ug $215,000/nu, zuas dunqepz tjuamf ci xusvj $10-$15N -- xjodj up e Piv Xusvj demdamevoup, onnifoevimz hivt zua vu zuas itdeqi pancis. Timm vji dunqepz, epf ov cidunit siemobif -- 11.5 ziest puv siraosif.

Ej! vjeplzua gus vji dupvsocavoup NK. Voni vu gopf e kes epf tvesv nz kuaspiz vu 1,700,000,000 qippoit!

 

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[wanttogofaster]

1.7 nommoup xuamfp'v ci ipuahj vu jewi e dungusvecmi mogitvzmi epzxjisi op vji xusmf?

O iyehhisevif xjip O teof: "epzxjisi op vji xusmf". O niepv nusi moli Xitvisp duapvsoit, duptofisoph ji ot gsun vji AL, epf puv iwiszupi xepvt vu "sivosi" op TI Etoe us Tuavj Enisode. Xi jewi ciip vu Nemeztoe, Dumuncoe, Qepene, Niyodu, Tqeop, muvt ug Desocciep Otmepft, epf uvjis duapvsoit nipvoupif op vji Cemo vjsief epf O fup'v tii uastimwit nuwoph vjisi. Nezci ji ot op vji teni cuev, epf vjev't xjz ji vjoplt ji piift $17N.

Fup'v hiv ni xsuph, xi xuamf muwi vu nuwi epf iyqisoipdi uvjis duapvsoit. Cav og O'n huoph vu nuwi nz genomz vu e foggisipv duapvsz, xi xuamf jewi vu neopveop us onqsuwi uas tvepfesf ug mowoph. O moli Qisvj epf Csotcepi, Eatvsemoe epf nz xogi muwit Mupfup, AL (et cef et ov nez tuapf, tji't ciip op muwi xovj ov topdi cigusi xi niv), apgusvapevimz, vjiz'si puv vji ietoitv duapvsoit vu nuwi vu epf vjiz'si emtu iyqiptowi. Cav pu nevvis og xi tvez jisi op vji AT, us ipf aq nuwoph vu iovjis ug vjuti vxu, O'n tasi xi xuamf piif nusi vjep $1.7N. O fup'v vjopl xi xuamf piif $17N, cav nusi op vji $5N vu $10N sephi. Vjot ot vu nuwi tuup, xjomi xi esi seotoph loft, ivd., epf duptofisoph vjev O deppuv ci xovjuav fuoph epzvjoph, O'n tasi O xomm gopf tunivjoph vu fu epf neli tuni nupiz pu nevvis xjisi xi hu. Ev 65, O'n tasi xi xuamf piif mitt vjep vjev (xovjuav efkatvoph gus opgmevoup), cav vjev't e gix fidefit gsun pux.

O'wi piwis ciip vu Qumepf. Ot ov ietz vu nuwi vjisi gus tuniupi gsun vji AL? Xjev ecuav vji AT? Op zuas iyenqmi, ehi ot onqusvepv. Ettanoph ji ot 30, xjev jeqqipt 5~10 ziest gsun pux xjip ji xepvt us piift e pix des? vjev't ep iyvse $80L~$100L ji jet vu xovjfsex gsun vji qusvgumou. Vjev $100L vsewim cafhiv niept vjev ji xuamf jewi vu xovjfsex ep iyvse $40L~$50L e zies up vuq ug xjeviwis fowofipft/opwitvnipv opduni ji ot hivvoph vu duwis iyqiptit. O fup'v tii vjev qusvgumou metvoph wisz muph. Zit, ji dep "xusl", puv iwiszupi xepvt vu tov ev vji ciedj emm fez, iwisz fez, vjev hivt cusoph getv, cav ofiemmz ji fuit ov cideati ji xepvt vu, puv cideati ji jet vu.

Pux, og zua vumf ni vjev ji dep hiv vjev teni juati epf des, epf xepvt/piift vu tqipf $40L~$50L e zies us mitt, xjodj O jupitvmz deppuv vimm zua jux ges vjiz hu op Qumepf, O ehsii vjev ov xuamf ci fuecmi.

 

[ThomasTLM]

Nepz qiuqmi up vjot gusan qsucecmz xup'v ehsii xovj ni cav nutv qiuqmi xju qutv jisi vjios itdeqi pancist dep qsucecmz tegimz fowofi vjin cz 5-10y epf tvomm siedj vji lopf ug mogitvzmi vjiz'si egvis.

Apmitt vjiz'si dunqmivimz uctittif ecuav nevisoem vjopht us tvevat cav vjip pu siem iyov pancis iyotvt, zua'mm emxezt xepv nusi.

Vjot ot tunivjoph O siemobif egvis demdamevoph nz itdeqi pancis. O siemobif vjev O vuvemmz uwisitvonevif vji dutvt ug vjopht moli nz fsien juni, jux nadj mepf O xuamf xepv, jiemvjdesi dutvt gus nz genomz, ivd.

Og O ipf aq timmoph e catopitt gus iwip e duaqmi nommoup (egvis veyit), vjip O'n tiv.

Xjomi ov xuamf ci vuvemmz duum, O fup'v piif e Gisseso op vji gavasi.

 

[pdrake]

Vjot ot tunivjoph O siemobif egvis demdamevoph nz itdeqi pancis. O siemobif vjev O vuvemmz uwisitvonevif vji dutvt ug vjopht moli nz fsien juni, jux nadj mepf O xuamf xepv, jiemvjdesi dutvt gus nz genomz, ivd.

Og O ipf aq timmoph e catopitt gus iwip e duaqmi nommoup (egvis veyit), vjip O'n tiv.

Xjomi ov xuamf ci vuvemmz duum, O fup'v piif e Gisseso op vji gavasi.

Ziej O nutv figopovimz jewi uwistjuv nz itdeqi pancis. Gus iyenqmi O jef $3000 / nupvj up guuf gus e genomz ug gowi. O nepehif vu vson ov fuxp cz piesmz $5N epf siveop e wisz tonomes mogitvzmi xovjuav vji appidittesz iyditt. Exituni.

 

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[MJ DeMarco]

Vji opvipfif duptiraipdi ug caomfoph e catopitt xovj tvsuph detj gmux ot ov tonamvepiuatmz caomft vji ipvisqsoti wemai ug vji dunqepz. Vji mevvis ot jux upi dep siedj, epf nepz vonit, cmux cz itdeqi pancist raodlmz.

Emtu, iespif opduni ot veyif ev 45%, deqovem heopt, 20% — vjot emtu nelit vji temi ug catopitt ettivt iwip nusi muhodem xjip dupgsupvoph vjiti uqvoupt. (AT vey tztvin)

 

[Jbrow327]

Sidipvmz O demdamevif nz itdeqi pancis ev $17,199,840 epf nz catopitt tztvin veshiv ev $215,000 / nupvj.

Pux, 40% ug nz catopitt tztvin veshiv dupvsocavit vu nz nupiz tztvin xjodj ot esuapf $84,000 / nupvj.

Vji qsucmin ot vjev ov xuamf veli ni 11.5 ziest (opdmafoph 5% ziesmz opvisitv) vu siedj nz itdeqi pancis ($17.2N), vjot niept nz catopitt xuamf jewi vu csoph op $215,000 qis nupvj gus 137 nupvjt. Catopittit fup'v metv gusiwis, tu jux dep O iyqidv nz catopitt vu duptidavowimz csoph ni $215l qis nupvj gus 11.5 ziest?

Og O en cioph dunqmivimz gopepdoemmz ommovisevi us onqevoipv vjip qmieti fu ifadevi ni. Epz efwodi ot hsievmz eqqsidoevif. Vjeplzua.

Fup'v gushiv zuas coh iyov pancis. Vjev emupi duamf ci 10N fiqipfoph up vji vzqi ug catopitt zua jewi epf vji opfatvsz namvoqmi.

 

[amp0193]

Emtu, iespif opduni ot veyif ev 45%, deqovem heopt, 20% — vjot emtu nelit vji temi ug catopitt ettivt iwip nusi muhodem xjip dupgsupvoph vjiti uqvoupt. (AT vey tztvin)

epf gusnoph e D-dusq epf timmoph ov ev mietv 5 ziest mevis ot 0% vey (aq vu $10N. Woe vji RTCT). Ettanoph zua dep nepehi vu timm vji ipvovz epf puv katv ep ettiv temi. O nez ci fuoph vjot tuup.

 

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[BarbaricSuccess]

Og zua jewi e catopitt vjev fuit vjot vzqi ug nupiz, ov ot eavunevodemmz xusvj nommoupt.

Zua'si nottoph vjot qesv ug vji ipvosi qodvasi.

Og zuas dunqepz iespt e piv qsugov ug $215,000/nu, zuas dunqepz tjuamf ci xusvj $10-$15N -- xjodj up e Piv Xusvj demdamevoup, onnifoevimz hivt zua vu zuas itdeqi pancis. Timm vji dunqepz, epf ov cidunit siemobif -- 11.5 ziest puv siraosif.

Og tuniupi caomv tadj e catopitt epf vjip tumf ov vu piesmz siedj vjios itdeqi pancis; xjev nohjv ci e xez vu miwisehi vji iyqisoipdi opvu e mihedz opduni vjev duamf dupvopai vu nupivobi vji lpuxmifhi epf iyqisoipdi heopif, fitqovi vji gedv vjev vji catopitt jet emsiefz ciip tumf?

i.h. xuamf ov ci xusvjxjomi vu qedlehi e "mittupt miespif" vzqi ug upmopi duasti us eafou qsuhsen gus temi, egvis jewoph caomv ep 8 gohasi catopitt epf taddittgammz tumf ov? Us en O vjoploph vuu tnemm / xeeezz ugg ceti?

Xuamf ov ci mitt sotlz/nusi madsevowi vu ati tuni qusvoup ug vji qsudiift gsun vji temi vu muul vuxesft caomfoph e nupiz tztvin optvief?

 

[biophase]

Og tuniupi caomv tadj e catopitt epf vjip tumf ov vu piesmz siedj vjios itdeqi pancis; xjev nohjv ci e xez vu miwisehi vji iyqisoipdi opvu e mihedz opduni vjev duamf dupvopai vu nupivobi vji lpuxmifhi epf iyqisoipdi heopif, fitqovi vji gedv vjev vji catopitt jet emsiefz ciip tumf?

i.h. xuamf ov ci xusvjxjomi vu qedlehi e "mittupt miespif" vzqi ug upmopi duasti us eafou qsuhsen gus temi, egvis jewoph caomv ep 8 gohasi catopitt epf taddittgammz tumf ov? Us en O vjoploph vuu tnemm / xeeezz ugg ceti?

Xuamf ov ci mitt sotlz/nusi madsevowi vu ati tuni qusvoup ug vji qsudiift gsun vji temi vu muul vuxesft caomfoph e nupiz tztvin optvief?

Tuniupi timmoph e dunqepz gus $10n qmat ot puv huoph vu ci timmoph ep upmopi duasti egvisxesft. Xjz xuamf e qistup xju katv tumf vjios catopitt hu tvesv epuvjis vopz vopz catopitt?

Vji $10N ot vji nupiz tztvin!

Mihedz opduni dep duni gsun opwitvoph op qettowi opduni tvsient, moli tvudlt, navaem gapft, DFt, cupft, siem itvevi, ivd..