@ClintFiore Nike offer=irrelevant. Not recovering from C19 in 6 yrs=red flag. Reiterating I highly respect you. This is a swing and a miss for the reasons I stated. And whoever wrote this and included NIL and marketing to agents shows they or the seller can’t identify real growth drivers.
@ClintFiore I highly respect you, but this is an all time bad deal and write up. 4x SDE for a declining, one man, drop shipping business? NIL has nothing to do with this business (college and high schoolers use metal bats…), and neither do agents. If this sells in that range, props to you
@therobertbrooks@Slackwatercap@BizGuyDan Again, financing and loan payments are not an operating expense and should not be considered when comparing YoY operating improvements.
I am not discrediting your outstanding performance. I am just noting why net income is not a useful comparison here (or really anytime).
@therobertbrooks@Slackwatercap@BizGuyDan If you have the exact same operating performance 12 months pre transaction and 12 months post transaction, net income will be wildly different due to depreciation, etc. Meaningless.
This is why people use ebitda, which is the most accepted proxy for cash flow from operations.
@JayBroyerPools This seems like a good initiative, especially if you can track or find ways to incentivize retail staff to book services and service techs to encourage customers to visit retail. What’s the current service vs retail revenue split?
@JesseTinsley Number goes up every time he talks about it. He has mentioned “around $20M” on the pod before. I had the same skepticism as you when I saw him say $40M. Strange for a guy who has a podcast about money transparency.
@STLChrisH If a technician needs to relay something to the office, do they send a teams, can they alert through ST, or do they alert through Monday? For example, a neighbor is interested in a service or that the office needs to update the invoice or something?
@thesamparr You’re better than that. Your MFM loyal audience is because you put out consistent on brand episodes, not because you tried to beat the YouTube algorithm. Anyone can get views on YT with catchy generic topics. Stick to the brand. Ask your friends what they think of her episodes.
@moseskagan This must feel like a massive amount of pressure for your children. Say you pass along $1M to a child who has 4 kids, he or she needs to pass along like $12M to give the same purchasing power to each kid in 30 yrs