The Value Equation. Christopher H. Volk

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       Additional Praise forThe Value Equation: A Business Guide to Wealth Creation for Entrepreneurs, Leaders & Investors

      “We're living through a historic boom in entrepreneurship. People are starting businesses at record rates. Fortunately, Chris Volk has written us all a manual for success.”

       Joshua Brown, CEO of Ritholtz Wealth Management, star of CNBC's The Halftime Report

      “Few people can rival Chris Volk's nuanced understanding of markets and business or match his record of success and commitment to evidence-based research. The Value Equation is comprehensive and comprehensible. Every page is grounded in practice, deep reflection, and market-tested experience. Chris achieves a lot; he has integrated modern corporate finance with in-the-trenches practice, and he does so in ways that are creative and illuminating. Buy this book!”

       Randall Zisler, Ph.D., Chairman at Zisler Capital Associates, LLC, presenting Outsourced Research

      “As a serial entrepreneur, I found The Value Equation offers unique insight into the process of how businesses are both created and valued. Chris leverages his years of experience and success in building three of his own businesses to provide a clear and common-sense approach to how wealth is generated. This is a must-read for every business leader.”

       Kevin Shields , Chairman and CEO, Griffin Capital Company, LLC

      “Chris Volk's book, The Value Equation, demystifies how wealth creation occurs in the marketplace for investors. Chapter-by-chapter he explains the intricacies of identifying and capitalizing on opportunities to build wealth. I must say my favorite chapter is the V-Formula; it is rare to see such a detailed modeling breakdown of the elements you need to consider as you create equity, borrow money, and disperse equity to would-be investors. This book is a must read.”

       Alex M. Susskind , Ph.D., Associate Dean of Academic Affairs and Professor, Cornell Nolan School of Hotel Administration, SC Johnson College of Business, CORNELL UNIVERSITY

      “I recommend The Value Equation for all investors, as the author, Chris Volk, provides readers with all of the ingredients for a successful and profitable business. His expertise in credit and financial underwriting is a key differentiator that makes this author outstanding in his field. As a shareholder in STORE Capital, I have followed Volk's journey for over a decade, and I can't wait to see what's in ‘store’ for him now. I have a feeling it will have something to do with creating wealth via ‘the value equation’. Well done Mr. Volk!

       Brad Thomas, CEO of Wide Moat Research

The Value Equation

       The Value Equation A Business Guide to Wealth Creation for Entrepreneurs, Leaders & Investors

       byChristopher H. Volk

Copyright © 2022 by John Wiley & Sons, Inc. All rights reserved.

      Published by John Wiley & Sons, Inc., Hoboken, New Jersey.

      Published simultaneously in Canada.

      No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning, or otherwise, except as permitted under Section 107 or 108 of the 1976 United States Copyright Act, without either the prior written permission of the Publisher, or authorization through payment of the appropriate per-copy fee to the Copyright Clearance Center, Inc., 222 Rosewood Drive, Danvers, MA 01923, [phone], fax [phone], or on the web at www.copyright.com. Requests to the Publisher for permission should be addressed to the Permissions Department, John Wiley & Sons, Inc., 111 River Street, Hoboken, NJ 07030, [phone], fax [phone], or online at http://www.wiley.com/go/permission.

      Limit of Liability/Disclaimer of Warranty: While the publisher and author have used their best efforts in preparing this book, they make no representations or warranties with respect to the accuracy or completeness of the contents of this book and specifically disclaim any implied warranties of merchantability or fitness for a particular purpose. No warranty may be created or extended by sales representatives or written sales materials. The advice and strategies contained herein may not be suitable for your situation. You should consult with a professional where appropriate. Further, readers should be aware that websites listed in this work may have changed or disappeared between when this work was written and when it is read. Neither the publisher nor authors shall be liable for any loss of profit or any other commercial damages, including but not limited to special, incidental, consequential, or other damages.

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       Library of Congress Cataloging-in-Publication Data:

      Names: Volk, Christopher H., author.

      Title: The value equation : a business guide to wealth creation for entrepreneurs, leaders & investors / Christopher H. Volk.

      Description: Hoboken, NJ : Wiley, [2022] | Includes index.

      Identifiers: LCCN 2022002736 (print) | LCCN 2022002737 (ebook) | ISBN 9781119875642 (cloth) | ISBN 9781119875666 (adobe pdf) | ISBN 9781119875659 (epub)

      Subjects: LCSH: Corporations—Valuation. | Business planning. | Wealth.

      Classification: LCC HG4028.V3 V64 2022 (print) | LCC HG4028.V3 (ebook) | DDC 658.15—dc23/eng/20220301

      LC record available at https://lccn.loc.gov/2022002736

      LC ebook record available at https://lccn.loc.gov/2022002737

      Cover Design and Image: © Classic Sky LLC

For my wife,

       the love of my life,

       who makes so much possible.

Preface