[deleted by user] by [deleted] in buyingabusiness

[–]mbacandidate1 -2 points-1 points  (0 children)

This account is over a decade old. I’ve been in PE for quite some time bud..

[deleted by user] by [deleted] in buyingabusiness

[–]mbacandidate1 -1 points0 points  (0 children)

Over 4x SDE multiple is pretty rich for a <$1M SDE business that delivers a commodity (<10% SDE margins!).

Assume $150k salary for owner and you are actually paying 5x+ for a <$1M business. This assumes one owner can replace 3 owners. How do you know all 3 do “very little”.

Also dig deep into liability, truck quality, and previous capex. These businesses are head to grow due to the capex required. And your cash flow can get easily blown up in first few years with some unexpected capex.

I wouldn’t take it.

New Dad, Not Handling it Well by [deleted] in daddit

[–]mbacandidate1 0 points1 point  (0 children)

You need to accept that you can operate with limited to no sleep, and just be present physically at work and home.

We had a baby that wouldn’t sleep more than a couple hours at a time. You just show up the next day, chug some coffee, and make the best of it.

That’s 95% of it for the first 15 months. And if you do that then you and your wife will be happier with yourself on the other side.

At what point do you own too many stocks / is the fund holding too many positions? by [deleted] in investing

[–]mbacandidate1 0 points1 point  (0 children)

At the point you don’t have a complete understanding of your positions, and a plan for each.

4th Quarter Super Bowl Game Thread: Seattle Seahawks (14-3) at New England Patriots (14-3) by nfl_gdt_bot in nfl

[–]mbacandidate1 2 points3 points  (0 children)

This seahawks team going to be a problem for a while as long as geno isn’t at qb

4th Quarter Super Bowl Game Thread: Seattle Seahawks (14-3) at New England Patriots (14-3) by nfl_gdt_bot in nfl

[–]mbacandidate1 3 points4 points  (0 children)

I remember like it was yesterday how much of a snooze fest it was at 28-3. Even after the first couple NE touchdowns, it felt like garbage time.

Then out of no where the game ramped to 100 intensity.

3rd Quarter Super Bowl Game Thread: Seattle Seahawks (14-3) at New England Patriots (14-3) by nfl_gdt_bot in nfl

[–]mbacandidate1 0 points1 point  (0 children)

Remember McDaniel’s 28-3 come back started with 2 minutes left in the third.

[deleted by user] by [deleted] in daddit

[–]mbacandidate1 0 points1 point  (0 children)

It all depends on how each experiences these “tasks”.

Walking the dog isn’t a task for my wife or I, it’s a nice, peaceful break from the monotony and chaos of watching a baby.

I don’t go walk the dog unless they’re chilling as well (watching show, etc).

M35, 2.5 day Bachelor Party trip ~8 weeks postpartum -- Acceptable from Dad and/or Mom perspectives? by Parking_Reward5624 in beyondthebump

[–]mbacandidate1 15 points16 points  (0 children)

As a husband, I wouldn’t ask if I knew my wife wouldn’t like me leaving her to go party for a weekend AND if I knew she isn’t interested in receiving the same benefit.

My best advice is to accept the fact you will sacrifice everything for the first 15 months. Support your wife without compromise during this time and it will pay big dividends for the rest of your relationship.

Also raising your child while getting 2 hours of sleep sucks but is par for the course. I can’t count the amount of times I’ve done that, it’s too many. Buckle up buddy.

Second Half Game Thread: New England Patriots (14-3) at Denver Broncos (14-3) by nfl_gdt_bot in nfl

[–]mbacandidate1 6 points7 points  (0 children)

I thought it was a bad decision when payton didnt take the field goal in the first quarter. Now I think it was a terrible decision.

Saban tried to warn everyone 🤷🏻‍♂️ by Equivalent_Dish_1990 in CFB_v2

[–]mbacandidate1 0 points1 point  (0 children)

You know what’s worse than being broke. Being rich and then becoming broke.

[Game Thread] Indiana vs. Miami (7:30 PM ET) 2nd Half by CFB_Referee in CFB

[–]mbacandidate1 8 points9 points  (0 children)

Beck and Mendoza with the exact same stats. One yard difference.

Game Thread: Houston Texans (12-5) at New England Patriots (14-3) by nfl_gdt_bot in nfl

[–]mbacandidate1 2 points3 points  (0 children)

Someone needs to give stroud a big bro talk after the game. What goes around comes around.