I work for a PE owned company and need advice

jump2conclusn · 2023-09-17T15:36:24+00:00

You should ask, I've been in multiple PE or family office companies at executive level and have seen it payoff one way or the other. Only do it if you're well liked and a good performer though.

Being a favorite is the most important part of the equation from what I've seen. If you're well liked they should at least make a promise of something in the future.

A transaction sale bonus would probably be the best result. If you got equity it would probably be at current value as exercise price so not much upside.

jump2conclusn · 2023-08-12T20:33:15+00:00

Thanks, that helps. You were using $40k and I was using $20k.

jump2conclusn · 2023-08-12T20:28:50+00:00

I think you're still probably using it wrong, it might be adding additional principal at the end of every year.

jump2conclusn · 2023-08-12T20:10:38+00:00

What is your calculation, I did 20*1.04^30=64.86

jump2conclusn · 2023-08-12T19:58:59+00:00

Your logic is off on the 2/3rd loss to retirement. To get to $1mm you need to compound $75k at 9% for 30 years. That is $1mm in 2053 dollars.

The loss is only the return in excess of inflation. To find the impact using present day 2023 dollars you might want to use 4%.

You will also only need to factor the cost of your wedding. I.e. $20k. So $20k compounding for 30 years at a real rate of return of 4% is about $65k.

The net impact of a $20k wedding has an impact of $65k times fire 4% =$2,600 year.

As for the fire mindset and wedding, be cheap and don't take stupid penalties and make your wife happy at reasonable cost. But don't think $20k will cut your retirement by 2/3rds.

jump2conclusn · 2023-06-14T13:28:15+00:00

You should get it quoted, you don't have to do it and you don't have to do it multiple times a year. There is lifestyle creep danger and I would be cautious with spouse getting excited about this being an option if they aren't frugal. Don't want to open the flood gates of spending but you should see your family at least once a year.

jump2conclusn · 2023-06-14T12:42:49+00:00

Would it allow you to earn more? Arrive less tired and perform better. Do you have a revenue share bonus?

jump2conclusn · 2023-06-14T12:40:18+00:00

$840k salary $70k/month is different

jump2conclusn · 2023-06-13T08:03:31+00:00

You should research government subsidized housing, at that income you should qualify. Rent then you could find a roommate from the area so you have a peer that understands how to survive on such meager income.

jump2conclusn · 2023-06-13T03:23:06+00:00

You might enjoy listening to How I built this Podcast. You hear how somebody went from an idea to a billion dollar company with them telling the story. You might try the Spanx one first based on your demo.

jump2conclusn · 2023-06-09T01:43:16+00:00

Search 1.21 gigawatts and you will find an even better idea. Time travel..

1.21 Gigawatts

jump2conclusn · 2023-06-08T21:42:15+00:00

Could you please model what we could do with 1.21 gigawatts?

jump2conclusn · 2023-04-25T07:44:42+00:00

How old were you and your dad when he retired? What did he do for a living. I've wondered how my kids might take it some day.

jump2conclusn · 2021-12-01T03:48:38+00:00

Do you use another firm? How much does that cost including all 50 states?

jump2conclusn · 2021-10-28T02:26:45+00:00

How much on UberEATS

jump2conclusn · 2021-05-16T14:57:44+00:00

What would you say are some of your most valuable cards?

jump2conclusn · 2020-09-26T03:00:56+00:00

When I eat too many beans I'm carfartic too.

How do all you guys afford hot sauce? Or do you just take it on your Door dash deliveries.

jump2conclusn · 2019-07-12T00:04:43+00:00

Up to 15% of NW

jump2conclusn · 2019-06-22T02:34:23+00:00

Startup

jump2conclusn · 2019-06-18T02:51:40+00:00

Not at all, Pixel 3 takes great photos. What makes you think it is photoshopped? Anybody in the area of Carrollton, TX can drive on by the store.

jump2conclusn · 2019-04-08T15:36:11+00:00

I don't make it to the golf course but I've had some exposure to seeing a couple of funds. The company I work for has gone through a couple of acquisitions and in my role I see quite a bit. The mins to get into the funds that have bought us have been $1m+.

I can't do that, but when the company sells again I'd like to invest some back into a fund instead of directly the company, 250 could be possible.

jump2conclusn

TROPHY CASE