As a finance professional who has spent countless hours crunching numbers, I’ve used this to calculate multiple Net Present Value[s] (NPV) for multiple companies. For the uninitiated, NPV is a way to calculate what value does something hold today basis future projections.
If you are a salaried employee, it could be discounting your future salary earnings using an appropriate rate of interest (called the discount rate) to arrive at what that would be your true worth today. If you are thinking of starting a business and wish to raise money, you use your expected future earnings (discounted using the rate of interest) to arrive at a value of your business.
5 MINUTES AWAY
If you’re reading this being in India, you must be familiar that the next destination is always 5 minutes away. The friend who’s making you wait at the coffee shop is 5 minutes away. The food that you ordered at McDonald’s is well, 5 minutes away.
Why don’t we value our time? How can we evolve better as a society?
Taking inspiration from serial Indian entrepreneurs Ankur Warikoo and Kunal Shah speak extensively on this, here’s what I’ve gathered.
Read the detailed post here.