Want to launch your business without the need for VC Investment?
Have you heard of EBIDTA?
Are you a non-technical person who is building a tech company without tech leadership? If you are someone who is bootstrapping their company and products, you need to read this!
EBIDTA stands for Earnings Before Investment Debts Taxes & Assets
Investment refers to non-operating income or gains from investments, such as dividends, interest, or capital gains.
Debt includes both interest expenses and principal payments.
Taxes encompass income taxes and any other taxes applicable to the company.
Assets represent the company’s total assets, including current and non-current assets.
Proposed EBITDA-like metric:
(Earnings from Operations + Non-Operating Investment Income - Interest Expenses - Taxes) / Total Assets
This metric attempts to capture the company’s earnings before considering investment income, debt servicing, taxes, and asset values. It’s essential to recognize that this is a hypothetical construct and not a widely accepted financial metric.
Key components:
Earnings from Operations: Net income from core business operations, excluding non-operating items.
Non-Operating Investment Income: Gains or income from investments, such as dividends, interest, or capital gains.
Interest Expenses: Payments made towards debt obligations.
Taxes: Income taxes and any other applicable taxes.
Total Assets: The company’s total assets, including current and non-current assets.
Limitations:
This metric does not account for the timing of investments, debt payments, or tax liabilities, which can impact the company’s cash flow. It may not accurately reflect the company’s ability to generate earnings from its core operations, as non-operating investment income can significantly influence the result.
The inclusion of total assets as a denominator can make the metric sensitive to changes in asset values, rather than focusing solely on earnings.
While there is no direct equivalent to “earnings before investment debt taxes assets,” the EBITDA-like metric provides a framework for analyzing a company’s earnings, incorporating investment income, debt servicing, taxes, and assets. However, its limitations and assumptions should be carefully considered when interpreting the results.
How would having a full board of chief executives by your side change your business?
We are talking about a CEO, a CTO, a CMO, a CPO, a CCO, a COO, a CLO, & a CFO.
It is an easy way to add a $100,000 per month burn rate to your business.
Did you know that you can have all those people on your team for as little as $2,000 per month?
A fractional is a part-time fully embedded leader.
The only difference between a fractional, and their full-time counterpart, is that they are part-time.
Senior-level domain expertise (marketing, technology, finance, sales, people, etc.)
Strong track record of leading people and organizations
The outcome is capability building, driving sustainable growth in the long-term
Fully accountable for business results and operating on a day rate or retainer
Operate as a business leader, at a fraction of their full capacity (1/2, 1/4, 3/4, etc.)
Any small to mid-size business, startup, or scaleup on a budget can benefit from fractional expertise and experience to help them survive or thrive.
(check out fractionaldefined.com for more information about fractional leadership.)
We are coming up to September, it’s the last quarter of 2024.
What are you doing to make the most of it?
Need to find product-market fit?
Need to make the most out of your dev team's time?
Need to add a technology + product leader to your team?
Need to see your solution make money for your business?
Need your solution to be a product that people can use?
Need someone by your side who knows what you’re going through?
Need to make sure your product development is customer-focused?
Need someone to help you see your product come off the paper and into reality?
That’s what we do! We have helped countless solopreneurs in the past 20 years by building their products and helping them position themselves.
For years we tried hourly pricing, fixed pricing, and value pricing. It is expensive when you are bootstrapping to come up with $20,000 to $50,000 to implement a scope of work.
That’s why we switched to subscription pricing. So that you only pay for what you need, when you need it. When you need us a little, we are there for you, when you need us a lot, we are there for you.
Our practice allows you to have a full board of CXOs for as little as $2,000/month.
Can you imagine having a full leadership team without spending $100,000/month?
Most people don’t realize it’s possible. Well, it is, with the way that we have structured our business you can have a full team of CXO leaders helping you take steps toward making your idea into a real-life product company!
By yourself? It isn’t easy. If you have 8 proven leaders by your side, it’s a hell of a lot easier.
Right now we are offering an exclusive deal to the next 10 people who sign up before Sept 1st.
Here is what we do for you.
Create Accountability, treat yourself like you would a client
Weekly Success Calls with a CXO of your choice, up to 8 pillars of leadership!
Get those CXOs in your corner
Guidance for your Product regularly
For only $250, each! For a limited time save $650/m on our weekly package (a $900 per month value) All it means is that you are starting a subscription with us that you can expand and contract with no obligation as needed by your business.
What does that mean for your pocket?
You can save even more when you need more from a fractional leader you can turn it up and get our LAUNCH PRICING!
Save on Fractional Leadership pricing!
Save $747/m in Support; when you need it!
Save $1,20/m in Growth; when you need it!
Save $2,497/m in Innovation; when you need it!
You can Turn it up and down when you need more from your CXO, that’s the magic of monthly subscription pricing, as well as change the quantity to add other CXOs to your board as needed!
Here is how our pricing will change starting September 1st.
Support (20h) from: $1,250/m to: $1,997/m
Growth (60h) from: $3,750/m to: $4,957/m
Innovation (200h) from: $12,500/m to: $14,997/m
Why are we shifting our pricing up?
Well, it’s a ton of value and to allow us to serve you better with more amazing CXOs, we need to cover their value to your business to get the best talent we can find for your business to join our Studio.
https://raddstudio.com/plans
Get started for only $250.
Build that company of your dreams without selling your soul to investors, B-line it straight to product-market-fit, and start delivering value to customers, and earnings ASAP to pay for your business instead of ruining your cap table.
MY GUARANTEE!
Meet with me for one month and if you do not see the value in continuing, you can cancel at any time. NO OBLIGATION to continue after the first month.
What have you got to lose?!
You are going to have to spend millions of dollars to build your company, $250 to have a leader by your side from the start is an extremely great value. When it comes time to increase the need for that leader, you are already plugged in to have the best pricing possible in our subscription model.
Join us for a FREE initial consultation and we will be happy to get started with you on this limited-time exclusive offer to our substack community!
Let me break it down for you..
Stay Tuned!
Rick Graham
Founder + Director
principal fCTO + fCPO
linkedin.com/in/raddrick
https://raddstudio.com
Radd Studio is a fractional multi-preneur studio that helps solopreneurs and digital nomads build out their leadership teams. It's guided by Ikigai and Kaizen, meaning that it's just one well-spent hour per day making continuous improvements in verticals that product owners might lack strength in or might not have time for.