Enterprise Values- Revised

Enterprise Values

12 Month Budget- Revised

12 Month Budget

Start Up Loans

First, I thought to go to a bank to possibly get a loan. Going on the site, I was able to find an officer located near my residence. 

Changhoon Lee
Organization: Bank of America
125 East Main Street Second Floor 
Denville, NJ 07834 

Office: (201) 251-5257
Mobile: (201) 491-5839
Home Office: (973) 427-4272

The second course I found was thru thefunded.com 

Ellen Weber, Executive Director

eweber@robinhoodventures.com

200 Musket Lane
Wayne, PA 19087
Phone: 610-993-9060
Fax: 484-214-0114

Robin Hood Ventures is a group of experienced entrepreneurs and accredited investors interested in investing and taking an active role in early stage companies with high return on investment potential."

Be a Leader

I use the third principle in HTWFAIP, talk about your own mistakes before criticizing the other person, mostly when I talking to younger kids about tennis. When I am at home, my job is a tennis coach at my tennis club and I encounter all kinds of kids  that need help on some aspect of their game. A lot of them have mental issues on court, often losing focus and becoming hot-headed. I can relate to them because as a junior, I was much the same and it cost me a lot of matches. After learning how to calm down and focus I got myself in check and I am in a great position tennis-wise now. When I talk to these kids, I always tell them how I was exactly the same and sometimes I flare up on court now and then, but after I say that I can go on to how they are acting and try to help them solve their problems on the court. 

Secret of Socrates

Last Friday night me and some friends decided to go bowling in Waldorf, MD and because we had a coupon we thought it was a cheap and fun idea. After reading the coupon, we saw that it was a free game for a limit of four people and of course, we had 5. I saw this to be a perfect opportunity to apply HTWFAIP as well as the Secret of Socrates. When we entered the bowling alley, seeing that it was packed, I asked, "Do you have any open lanes?" Ed, the guy behind the counter, replied, "Yes. Do you want to bowl?" I answered, "Yeah, do you take coupons right now?" He replied, "Yup, we do." I handed him the coupon and said, "It says for four people, but do you think you can help us out with our fifth person? You guys look pretty busy anyway." Ed answered, "Don't worry about it, if anyone asked I only saw four of you guys," then he laughed. So i guess the Secret of Socrates really does work, unless I got lucky. 

12 Month Budget

Year One Budget

Enterprise Values

Enterprise Values Spreadsheet

Enterprise Values updated

Apple at IPO:

Outstanding shares: 54, 215, 332

Per share: $22.00

Enterprise Value: $1, 192, 737, 304

Microsoft at IPOD:

Outstanding shares: 24, 715, 113

Per share: $22.00

Enterprise value: $543, 732, 486

Apple had 219.36% more enterprise value than Microsoft. 

Apple current:

Outstanding shares: 890, 550, 000

Per share: $88.37

Enterprise value: $78, 697, 903, 500

Microsoft current:

Outstanding shares: 8, 890, 000, 000

Per share: $15.19

Enterprise value: $135,039,100,000 

Microsoft is up by 171.59%

Enterprise increases:

 Apple: $78, 697, 903, 500 current/ $1, 192, 737, 304 IPO= ~66%

Microsoft: $135,039,100,000 current/$543, 732, 486 IPO= ~248&

Product Slides w/ estimated market budget revision

social interactions w/ info about retriever weekly journalist

1. The first interaction was at Le Madeleine in Columbia. I've never been there before so I did not know how ordering worked. I asked Ashley, an employee, what the routine was and she was happy to tell me how worked. She noticed that my friend and I looked like we did not what to do once we walked in.

2. The second interaction is one I have pretty much every morning when I have practice at Baltimore Fitness and Tennis. jackie opens the club and runs the desk there. Whenever I have to leave early to go to class I always strike a small conversation with her on the way out, we recently discussed the sudden change in weather.

3. Another frequent interaction I have is with Dottie at the Admin building when I get breakfast. Even though the same conversation arises frequently, the principles never fail.

4. My next interaction was with my Chem 124 professor, Dr. Olson. We recently had an exam so I visited her at her office to talk about my grade. We got to talking about tennis and how she liked to play as well. We had a pretty good conversation, but the principles didn't get me extra points on the exam.

5. The fifth interaction was with Father Richard after mass on campus on Sunday. I talked to him about helping out during mass. We talked for a bit and he asked me if I wanted to attend an informational dinner about becoming a priest. I thanked him, but had to decline his offer.

6. My sixth interaction was with my cousin Jon and I asked him about his cell phone.

Make: Blackberry
Model: 8900
Service: T-mobile
Usage: Phone calls, texts, alarm clock, email, powerpoint, document editing, multimedia

Jon is definitely an innovator. He is constantly trading in his old phone, which he recently purchased, and gets the latest model of anything, whether it be a blackberry or iphone.

7. My seventh interaction was with Marvin who works at Severn Valley Tennis Club. I talked to him about the UMBC tennis team and how he liked working at the desk. I was there pretty late and he said he didn't like closing the club very much.

8. The eighth interaction was the desk person at Erickson, David. He sees me frequently at Erickson, even though I live at Harbor so he asked me where I was off too. He has pretty much remembered my name by now. I asked him about how his classes were going and we talked about the weather for a bit.

9. My ninth interaction was with physics TA, DZ. His name is really difficult to pronounce so he insists that we call him that. He has seen me at my practices because he enjoys playing tennis as well. He was looking to buy a new racquet so he asked me what he recommended. We talked for a good thirty minutes during lab about topics like his undergraduate studies.

10. As for the editor from the Retriever Weekly task, I emailed Donald Daniels, the sports editor, about writing and article about the tennis team. I used the quote and emailed him last thursday, but I still have yet to get a response.

Product Slides w/ estimated market budget

Additional Blog Traffic

In order to increase the traffic to my blog I added the link to my blog on my facebook so hundreds of people that I know can access it. Also, I manually put my blog into Google Blog Search. 

Extra Credit

The following form submission was sent.

Name: Shane Y
URL: yapshane@gmail.com
From: East Brunswick, NJ
Referral: Blog
VisitedTossingGames: No
Type: Update
State: Maryland
City: Catonsville
County: Baltimore
Land: University
Property: Private Property
Permission: Yes
Designated: No
Turf: Grass
Slope: 50 degrees
Length: 100 - 200 ft. long
Accessible: Yes
Parking: No
Texture: Smooth & Bumpy
Hazards: No
Crowds: Some
Photo: No
Specific Location, Comments, etc.: Erickson field on the UMBC campus. The steepest part is probably closest to the library.
subject: Sledding Location Submittal

Enterprise Increase

Apple:

($ 52.67 Billion- $1,202,091,174)/ $1,202,091,174= 42.81 * 100)

Apple increased by 4281.53%

Microsoft:

($ 122.08 Billion- $101,200,000)/ $101,200,000= 1205.32 * 100)

Microsoft increased by 120,532.41%

Enterprise Values Revision

Apple's enterprise value at IPO: $1,202,091,174
-54,215,332 shares * $22= $101,200,000 + $9,353,870.

Microsoft enterprise value at IPO: $519,017,373
-24,715,113 shares * $21

Apple had the greater value by 131.61%

Current:

As of 3/3 from Yahoo Finance:

Apple's enterprise value: $ 52.67 Billion 

- 890.55 million shares * 88.37

Microsoft's enterprise value: $ 122.08 Billion

- could not find shares outstanding (update later)

Microsoft has a greater value by 131.78%