Bharat Kanodia - How To Determine Your Business's Value

Have you ever driven over the Brooklyn Bridge and thought to yourself, “I wonder what this is worth?” Maybe. Maybe not. But for Bharat Kanodia, valuation is his specialization, which means he’s not only thought about it but also knows the answer. 

 

Bharat Kanodia, Founder and Chief Appraiser of Veristrat LLC, has valued over 4,000 companies and assets worth $2.6 trillion and has appraised unique assets like the Atlanta Airport, Uber, and, yes - the Brooklyn Bridge. And on this episode of The Liquid Lunch Project Podcast, he’s giving Matt and Luigi a candid and transparent look at a critical skill for every small business: Valuation. 

 

When it comes to assessing value, Bharat emphasizes the importance of sticking to the basics. “Any company is worth whatever it is worth for three things: growth, profit, and risk. There’s no rocket science to valuation,” he quips. “It’s people’s trust.” As Luigi suggests at the top of the episode, grab your legal pad and No. 2 pencil and get ready to take notes. 

 

What You Will Learn:

• The three ways of valuing any company or asset
• Why building trust is king
• His investment thesis

Favorite Quote:

“It’s trust. It’s people knowing that they’re going to deliver whatever they say they’re going to deliver.”

- Bharat Kanodia

 

You can check out more from Bharat Kanodia on his YouTube channel, “What’s It Worth,” where he breaks down 35 different types of businesses and how to value them.