Friday, January 26th

✅ The Essential Checklist for Buying a Business

What’s In This Email

  • The essential checklist for buying a business

  • 13 Ways to reduce cortisol and live healthier

  • Status is not justification for exploitation

  • He doesn’t even go here, re: Tucker Carlson

  • Notable Spotlight: Ohyo Fun

  • Notable Plug 🔌

✍️ TAKE NOTE

✅ The Essential Checklist for Buying a Business

Buying a business is an increasingly popular path for business master’s degree graduates. While armed with the theoretical knowledge of owning and running a business, in practice, your degree will be put to the test. Buying a business is exciting and daunting, but there are numerous factors to consider; it's crucial to approach this venture with a well-thought-out plan. This checklist is designed to guide you through the key aspects to evaluate before deciding, ensuring you choose a business that aligns with your goals and has the potential for success.

🔍 Key Takeaways:

  1. Income Stability: Look for businesses with a solid, sustainable, and potentially growing income stream.

  2. Proven Longevity: Prefer businesses operating for over five to ten years, indicating customer loyalty and market resilience.

  3. Reliable Financial Records: Ensure the business has accurate and comprehensive financial records for informed decision-making.

  4. Recurring Revenue: While not a deal-breaker, consider businesses with recurring revenue for stability.

  5. Dedicated Employees: Value businesses with loyal, long-term employees, crucial in a tight labour market.

  6. Strategic Location: Assess the business's location and lease terms for long-term viability and convenience.

  7. Established Industry Presence: Opt for businesses in proven markets with a history of profitability.

  8. Strong Gross Margins: Seek businesses with substantial gross margins to safeguard against market fluctuations.

  9. Growth Potential: Prioritize businesses with clear opportunities for expansion and development.

  10. Robust Business Model: Differentiate between a sustainable business and a passing trend for long-term success.

This checklist provides a structured approach to evaluating potential businesses, helping you identify opportunities and challenges. By considering these factors, you can make an informed decision, reduce risks, and increase the likelihood of success in your entrepreneurial journey. Remember, while finding a business that ticks all these boxes might be rare, understanding these aspects will empower you to make a choice that aligns with your vision and capabilities. 🚀🌱🔑


Read the complete checklist.

😓 13 Natural Strategies to Reduce Cortisol Levels for a Healthier Lifestyle

Managing stress and its physiological impacts, particularly cortisol levels, is crucial for overall well-being. Cortisol, known as the stress hormone, plays a significant role in various body functions, but its prolonged elevation can lead to several health issues. Let's look at 13 natural ways to effectively lower cortisol levels and bring your lifestyle more balance. 🌿💆‍♀️

Key Takeaways:

  1. Stress Reduction: Tackle the root cause by minimizing stressors and enhancing coping mechanisms. 🧘‍♂️

  2. Relaxation Techniques: Incorporate practices like meditation, yoga, or deep breathing to activate the body's relaxation response. 🧘

  3. Balanced Diet: Opt for a diet rich in dietary fibres, omega-3 fatty acids, and fermented foods to stabilize cortisol. 🥗

  4. Limit Caffeine: Reduce caffeine intake, especially in the evening, to improve sleep quality. ☕🚫

  5. Adequate Sleep: Prioritize getting enough sleep to regulate cortisol levels naturally. 🛌💤

  6. Effective Bedtime Routine: Establish a calming pre-sleep ritual for better rest. 🌙

  7. Engage in Hobbies: Pursue activities that bring joy and relaxation, like gardening or crafting. 🌼🎨

  8. Laughter and Fun: Embrace activities that make you laugh and enjoy, reducing stress hormones. 😄

  9. Exercise Moderately: Engage in low-impact physical activities to balance cortisol without overexertion. 🚶‍♀️🏊‍♂️

  10. Nurture Relationships: Build and maintain healthy social connections for emotional support. 👫

  11. Consider Pet Ownership: Pets can offer companionship and stress relief, lowering cortisol levels. 🐶🐱

  12. Quit Smoking: Smoking cessation can positively impact cortisol levels and overall health. 🚭

  13. Supplements: Consult a healthcare provider about supplements like Omega-3 or ashwagandha for cortisol management. 💊

Why This Matters: Managing cortisol is not just about stress relief; it's about enhancing productivity, creativity, and overall quality of life. Adopting these natural strategies can foster a more balanced lifestyle, improve mental clarity, and boost your professional and personal growth. Remember, a small change today can lead to a significant positive impact tomorrow! 🌟📈

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 🌐 AROUND THE INTERWEBS  

Context: Sexual AI images of Taylor Swift were flooding Twitter - we won’t share them, but look for them at your own risk. Before you ask, of course, it has to do with the fanboy football culture and her dating Travis Kelce.

The images popped up after the comments and subsequent backlash of Brett Favre. Remember that. Yeah.

Clickbait! Obviously, everyone looked at the images, commented, and shared them. Despite their vulgarity, not everyone, but a disturbing number of people excused the exploitation of Taylor because “she’s a white billionaire.”

Regardless of status, race, religion, culture, sexual orientation, everyone should be able to live without the threat of creeps with access to the internet using your likeness to create false compromising images that can damage your career, mental health, and relationship.

The AI images originated from celebrity porn website ‘Celebrity Jihad,’ and on Monday, some were posted on X by @FloridaPigMan, whose account is no longer active.

See the thread below.

What was Tucker Carlson doing in Canada?

Tucker Carlson brought MAGA world to Calgary on Wednesday where loud cheers greeted his calls for freedom of speech and weapons for self-defense, “which you need and deserve as a free person.”

— If nothing else: Carlson’s self-described “liberation tour” of Canada confirmed there’s a deep-pocketed demographic in Alberta hungry for grievance politics.

“You should recognize what is happening to you,” the former Fox News star said to a seated audience of 4,000 people at Calgary’s TELUS Convention Centre. “This is a destruction of you and your culture and your beliefs and your children and your future.”

[Above exerpt taken from the article written by Zi-Ann Lum and Nick Taylor-Vaisey.]

The “liberation tour” started from a reignited comment Carlson made after Fox News announced the release of a documentary based on the comment in which he said “Why should we let it become Cuba? Why don’t we liberate it?” A preview of the documentary, titled O, Canada, focuses on the 2022 “Freedom Convoy” protests and the Trudeau government’s response.

It’s Fox News, so, do with that what you will.

Watch the video below.

 

🔦 NOTABLE SPOTLIGHT 🔦

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Great for date night or a family fun day!

🔌  NOTABLE PLUG

🎙️ Get Into It: We are born. We die. In between we watch a lot of films. And some of these films shape the people we are. This is a podcast about those films. (And a bit about death.) Join comedian, actor, writer and swimmer Brett Goldstein and an extra special weekly guest as they go all the way into life and death by way of movies to ultimately pick their Films To Be Buried With! Listen on Apple or Spotify.

📄 Notable Hires: Marketing Manager @ Nobis (hybrid, temporary, Toronto)

🎓 Hope This Helps: Hermes. Ditch the Accountant - Let AI simplify your finances - no numbers, just solutions. (beta)

🧠 Today We Learned: Because the period (.) was already in use in France to make Roman numerals more readable, they adopted, along with many other countries, commas to separate numbers and decimals (9.99 vs 9,99).

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Notable Life is Canada’s hub for young professionals, entrepreneurs, and culture generators operated by The Notable Group. Notable Daily inspires ideas and sharpens the minds of over 40,000 top-tier professionals in competitive industries.

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