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How to valuate these companies???

In business by Michael Michelini2 Comments

the more i study business and finance the more i learn its all a crapshoot….but there are 3 ways to valuate a company 1) book value times a multiple —– assets minus liabilities = book value. Then you get the multiple based on market value for similar companies. 2) cash flow times a multple —– how much free cash is …

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Like a Fish in a Fish Bowl

In china business by Michael Michelini2 Comments

Sitting here late Sunday night…trying my best as a fish in a fishbowl…..really am centered around this computer….where location doesn’t matter and my mind wanders towards the feeling of being a fish in a fishbowl…especially during my skype video conference calls….amazing world we live in these days….location matters less and less! Some recent photos to share   my friend Vicky …

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Spyble kickoff – a bit of insanity

In china business, websites by Michael Michelini2 Comments

applied for a trademark on spyble last night directly on uspto.gov Really pushing more for online marketing these days…..have been success and seems to use my knowledge much more. Differentiate myself. Spyble SEO competitive intelligence [youtube=http://www.youtube.com/watch?v=_jEnTi6pTFY&hl=en&fs=1]

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Suing a Chinese Factory

In china business by Michael Michelini1 Comment

Let the games begin….here’s the letter to my Chinese Lawyer ============ Hi Liyan, I want to sue a factory for quality issues, can you help? I have a quality clause in it and I have a strong case they did not meet those requirements Mike =========== man, I can definitely say i’m doing some crazy things in my life

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Maybe I Should have gone to MBA school……

In usa by Michael Michelini2 Comments

Shanghai China Disco MT3 a few nights ago Past week….was a rollercoaster….emergency call from a usa customer…..next day flight to a factory (below) 2 days of negotiation….conference calls, fighting….contracts, legal consul, everyone wants to be a “boss” until shit hits the fan. Maybe MBA school would have been a better way to learn….but then again…..what do you really learn in …

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hiring and firing…….in china.

In china business by Michael MicheliniLeave a Comment

Never easy hiring – choosing one person who is better than another to work in your company….but man it sucks to tell someone they are no longer fit to work here anymore. It was a bit of racism too, a girl I had working here, 31 years old so she thought she was senior to me and could teach me …

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China is Proud

In china business by Michael MicheliniLeave a Comment

Wow, it really has been insane being in china during the olympics. I am on the other side of the country (south) and still the energy is amazing….they’ve hung Chinese flags all over….the opening ceremony was out of control…..I thought Americans were proud of their country…..seems in China they had something to prove to the world…and I would say the …

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Definitely Never a Boring Day in China

In china business by Michael MicheliniLeave a Comment

Think what really intrigues me about living in China is the normal day to day living….this didn’t seem too strange to me in the car yesterday, but Ivan my friend mentioned “hey take a picture of that car”…and I did Wonder if I’ll ever drive in China…..but this insanity is what I love about it! I thrive on chaos as …