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4min chapter
Negotiate and Make Decisions Like a Pro with James Clear
The EntreLeadership Podcast
The Importance of Book Value
In this case, it's more to be a multiple of the net profit. 3.6 plus inventory is not a proper methodology. Accounts receivable are part of book value. That was a point, another point of that we were talking about. He's not a sophisticated seller or he would know this. Okay. So if you give him 90 cents, 90% of profits or 80% of profits after you receive only a salary of 75 or maybe a hundred, I don't care, something like that. In other words, you're not going to take money out of this until you get him off your back. If there's a COVID quarantine and your profits went in half,
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