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TMBA 649: Mailbag: Revenge Traveling, Founder Fit And Managing Net Worth

Tropical MBA: Entrepreneurship & Founder Lifestyle

CHAPTER

How Do You Value Your Assets on the Spreadsheet?

The rule of thumb, i us is 30 day realizable, low effort. Snario agree with that ad. You knont simplify this to the top level. If your net worth is a hundred thousand dollars and you've got five credit cards and four loans and three bank accounts, one of em's in a foreign country, maybe you should simplify a little bit. I think we're about to see probably a correction here where a lot of businesss go maybe 50 % on their cash flow,. So how do you build that end of a spread sheet? Well, yet, my approachas always, just be super conservative about it. Ye worse case.

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