Boosting Your Financial IQ cover image

17: Demystifying Business Valuation With Patrick Donohue

Boosting Your Financial IQ

00:00

Understanding the Rule of 72 and the Cost of Money

This chapter discusses the rule of 72 and how it can be used to calculate the time it takes to double money at a specific interest rate. It also explores the importance of frameworks for entrepreneurs in understanding the cost of money and making informed financing decisions.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app