Soooooo... A whole [email protected] ton of money? :laughing:Don't blame me if this doesn't work - it's just what I've been told:
R = target revenues, in $1Ks.
A = Risk Aversion Ratio, your highest percentage risk that you will accept for the loss of your personal assets.
K = Estimated risk that your personal assets will be lost.
T = Contract length
E = Estimated discount rate for your investments during the contract term.
Approximate target salary in dollars = (SQRT(R^2*A^2))^2 * e^(LN(K*T/E))/(((R/E)*(R/(1/A))*A)/(1/(K*T))/3.5)
BusinessValuationTalk.com?So why is this on ct? I bet someone invented some sort of business forum
I was going to try, but I got lost after about four calculations and gave up.BusinessValuationTalk.com?
I wondered if anyone plugged any numbers into that formula. Straight from the mathematician's mouth for anyone doing so: e (small e) is the base of the natural logarithms.