discipline
The Highest Score Is How Well It Runs Without You
There is a number some advisors use to price a private company before it goes to market. They call it a sellability score, and the single largest input is not revenue, not margin, and not the founder’s charisma in a room. It is the degree to which the business keeps working after the owner walks…
The Companies That Can Say What They Are
The clearest signal that a company is in trouble is not falling revenue and not a bad quarter. It is the moment its founders can no longer tell you, in one flat sentence, what the business does. They will tell you what they believe. They will tell you what they are passionate about. They will…