Inc. magazine usually has some very good articles in every edition. At the very least, I skim through the entire edition every month, and usually stop to read a couple articles. I have to admit to being envious of the success that so many people have had with their businesses - many who never dreamed that such a level of prosperity was possible. Back in the late 1990s when the DotCom bubble was inflating, it seemed like anyone with a computer and a couple smart partners was a guaranteed success.|
One of the nice things about Inc. is that along with reporting on the successes, it also covers the failures, and offers post mortems so that others might not fall into similar traps. Overall, it is a worthwhile reading for anyone currently operating a business or thinking about starting one.
Even in today's world, there are still plenty of start-ups doing extremely well, and a lot of them have been featured in Inc. One of them is called YouNoodle. Its three founders are 20-somethings, which makes them 30-something years younger than me. Their claim to fame is having developed an algorithm that predicts future valuations on companies based on current statistics. As of the article's printing in the December 2008 edition, they have done valuations for more than 6,000 companies.
Just for kicks, I plugged RF Cafe data into the YouNoodle online valuation predictor form and came up with the result shown in the partial screen capture below (copyright acknowledged).
RF Cafe Predicted Valuation for RF Cafe, by the YouNoodle™ Online Algorithm
Predicted valuation at 01 April 2010
$2,350,000 (...and that's without knowing about the improvements currently in the works)
219 / 1000
Now that you know RF Cafe will be worth more than $2,000,000 in less than two years†, you would be wise to buy it now for a mere $1,500,000.
†: Disclaimer - This is based on truthful information entered into the YouNoodle form. You are responsible
for determining RF Cafe's value. It's worth is at least $2,000,000 to me now due to the
potential for future income and the security realized by being its progenitor.