My mentor showed me how to build a $100m company - $100m business formula
New Paradigm Podcast by Lotfi Drif
Episode notes
In this video I go over the equation my mentor showed me on how to build a $100m company & how he decides if he's going to invest into a company or not based on these variables.
Here's a summary of the video:
1. The $100m business formula is BP + 6s + FC ^ PE = $100m
2. Beautiful products
-Things people can’t live without
-Instant traction
-Rave reviews & testimonials
-Uber/Apple example
3. 6 Sigma operations
- 3 mistakes per million
-4 personality traits: Organisation, diligence, prudence, perfectionism
-Amazon requires all executives to write a 6 page memo
4. Free cashflow - you must have excess cash to reinvest & pay yourself/investors. -
Free cashflow formula = sales revenue - (operating costs + taxes) - required investm ...
Keywords
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