Doesnt matter to me where our revenue comes from because you know were happy that its come from outside in fact thats one of the things that we say costly saying to people that were him Wiser coastal North County because we dont want them to think we only serve slaughter beach knowing that fifty percent of our business traditionally has come outside of that so even an auger communications they dont make a big dick new deal.
we say number one agency SANA Beach what forty percent of our work in coastal North County as a whole because we want to pick up Business from the other agents but it does it does it’s an instant thing we do combine Valuations QLD both an intensive farming approach with Ill are you breaking nosed out able in all whoever wants to receive our recruiting which is not just a lot of beach so what is it that the do you think for me.
why its hard for me is that believe it or not Im so busy and I’m dizzy on another front is my wife and I write books on love and relationships but we I dont socialize a lot which it thought it would be counterproductive for real state so when you talk about all of the month business by referrals have a very small social network uh so if I had to turn my will business my income from that network dont think.
I heard very much money I have a huge network of people who know me and like me but its not a social network so that’s where I had to in a sense compensate for the fact that my wife and I dont do a lot of socializing we dont go to a lot of Ansley have because were doing our lot working week meet people at courses and what kind of
Every question becomes like pulling teeth. And thats why, with young startups, people give up. My suggestion is, rather than give up,make your best estimates. Dont put the weight of the world on your shoulders,saying, I have to be right. You cannot be right, but you can still make estimates. For the last four years, every timeyouve had a big IPO come up, the week before the IPO,Ive tried to value the IPO.
The reason I do it the week before the IPOis, if you wait until the IPO is priced,that number starts gnawing away at your brain. So when you do a valuation, your numberstarts to wander toward that number. So this is actually a valuation I did of Twitter, the weekbefore their IPO. So what triggered this was, I was on CNBC. So once in awhile, I end up in that insanity. And I was actually we were talking about Twitter. And theres an analyst there who was very optimisticabout Twitter.
So I said, why do you think Twitter is worth so much?He thought it was about $ or $ per share. He said, because the online advertising business is huge. So I said, how big is the online advertising business?He said, I dont know, but its huge. This is exactly what gets us into trouble. People dont want to talk its like China.
Online, its huge. And because its huge, I can pay whatever I want. So I said, you know what?If I want to value Twitter, thats where I need to start. I need to figure out how big this business is. Doesnt take a whole lot of research to figure this out. But the entire online advertising business in was about $ billion. Thats the whole global online advertising business. The biggest player, by far, is Google. And if you look at the breakdown, you can see,Google is about % of the global online advertising. Read More: www.valssa.com.au