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  • Users: Bing
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  1. Bing

    Salt Lake City (SLC) Utah Meet-up?

    MEETUPS 
    Are there many Fastlaners here from Utah? Thought it might be nice to have a Meet-Up somewhere around here, perhaps even as casually as a park or brewery for the first time.
  2. Bing

    Self-Driving Cars?

    OFF-TOPIC 
    This topic is barely (if at all) Fastlane, hence the "off topic" thread. That said, I do think once self-driving cars reach some standard, we'll spend a lot more time in our cars working (or relaxing) which might be itself "fastlane" (too much a stretch?). Regardless, as someone...
  3. Bing

    SaaS Exit: Who has sold, and how did you value your company? Multiplier, EBITA, profits, projected-vs-trailing rev?

    SAAS / APPS QUESTION 
    Does anyone here have any experience selling (or buying) a SaaS company? How did you value it? In my research I've found such crazy ranges of valuation that mix revenue-vs-profit, trailing-vs-projected and multipliers from 3-15x. Depending upon how you do the math a $5m/year company with 10%...
  4. Bing

    Ideas are a dime-a-dozen, but I can't find the right one...

    IDEA 
    I read TMF when it first came out, and started my SaaS company (with a 50/50 partner) in 2014. We just crossed $100k/month in revenue (projecting $1.5m this year) with 76% profit margins. Needless to say, TMF was a huge success for me. During that time I've become known as the best software...
  5. Bing

    Question about The Millionaire Fastlane

    I finished the book yesterday and one thing keeps bouncing around in my head: One of the things MJ talks about is to not getting into a business to make yourself rich. Do things that attract wealth and it will come, rather than being selfish. Conceptually this makes sense, but aren't we all...
  6. Bing

    Bing's Introduction

    Hello everyone! I just bought The Millionaire Fastlane for my Kindle a few days ago and am a little more than half through it so far. Prior to this I read Tim Ferris's "The 4 Hour Work-Week" as my first entrepreneurial book and loved it. The "Fastlane" is even better! What excited me...

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