Membership in COPNE is open to P/VN Educators and others interested in advocating the professional education of licensed practical / vocational nurses. PN Educators are encouraged to join both NAPNES and our Council of Practical Nurse Educators. COPNE Members receive additional discounts at PN Educator Workshops and National Convention and other benefits.


In larger systems like experimental vehicles or aeroplanes there are often ground loops within the wiring harness. Some supply currents with enormous ripple returns unintentionally through video ground lines and coax shields. This causes a ground shift which in turn affects image quality.
The Nickl video isolator VISO de-couples the ground by detaching all three grounds: The input ground, the output ground and the supply ground. Two DC/DC converters supply the input and the output, respectively. The video signal is transferred through two opto-couplers with a bandwidth of up to 15 MHz. When using S-Video signals, both channels are utilized. For CVBS signals, only one channel is used.
It comes with legacy Mini-DIN and BNC connectors.


In my latest blog, published on Vanilla Forums, I talk about how your customers are the key avenue for growth. How do you scale from one to many?
You can learn more about the voice-of-customer and how to leverage customer communities to build stronger customer relationships, increase revenue and convert prospects. You can read the full piece here.


text:
News & Videos Spirit of aviation around the world
Spirit of aviation around the worldSpirit of aviation around the world
Globe-circling pilot learns value of American-style GA
November 1, 2016 By Thomas B Haines
For aviation adventurer Adrian Eichhorn, the lessons learned in flying his Beechcraft Bonanza around the world aren't just related to dealing with weather and air traffic control in remote parts of the world, or managing the stress of crossing vast oceans in a single-engine airplane.
His experience taught him much about the importance of protecting general aviation as we know it in the United States—because such freedom exists nowhere else. And although pilots in places such as Egypt, Greece, and Malaysia must overcome major bureaucratic and cost obstacles on every flight, their passion for aviation is inspiring to those of us for whom flying may be as simple as rolling an airplane out of the hangar and taking off in any direction, our only limit the amount of fuel in the tanks.
Miles traveled: 23,014 nm
Fuel burned: 2,100 gal approx
Average groundspeed: 147 kts
Typical altitude: 9,000 ft
Longest leg: 17 hrs Honolulu to Oakland/2,135 nm
Shortest leg: 1.6 hrs Mersa Matruh, Egypt to Al Jizah, Egypt /207 nm
"I'm happy to report that the fellowship of aviators is alive and well around the world," Eichhorn said after his five-week adventure in the spring of 2016. The former U.S. Army lieutenant colonel and current JetBlue first officer spent five years disassembling and rebuilding his 1962 P35 model Bonanza in preparation for the journey. Eichhorn, who was named the FAA National Aviation Maintenance Technician of the Year in 2016, is an A&P mechanic with inspection authorization. He did most of the work on the airplane himself, but gives much of the credit for the nearly flawless performance of the airplane on its 163-hour trip, much of it across oceans, to the many friends he tapped to assist with the work. While he made many modifications to the airframe as he went along, including an enlarged baggage compartment door, the most obvious one specific to the around-the-world trip was the addition of enormous tip tanks to provide the 17-hour range he would need for the longest legs across the Pacific Ocean. In fact, with 100 gallons in each tip plus 80 in the wings, he would have an endurance of well more than 26 hours with the 260-horsepower Continental IO-470 running lean of peak.
To assure no oil-level problems during those long legs, he elected to do a top overhaul on the engine, replacing the oil-consuming channel chrome cylinders with new Superior jugs. A new Insight G4 engine monitor allows him to monitor the engine performance to the exact degree. For electrical backup he added a B&C standby alternator. To back up his mechanical gyros he installed an L-3 Avionics ESI 500 Genesis standby instrument. L-3 also provided a new Lynx NGT-9000+ transponder, giving him ADS-B compliance and terrain information. Given no satellite weather datalink outside the United States, he installed a WX 500 Stormscope lightning detector, which proved incredibly helpful over the Middle East, where thunderstorms were prevalent.
For cockpit safety, he added a Guardian Avionics carbon monoxide detector. A portable Spidertracks system allowed well-wishers to follow along via the Web as it provided real-time satellite tracking. An Artex 406 MHz ELT was in place to call in the cavalry should he end up somewhere other than an airport.
Eichhorn's first experience of what he calls the fellowship of aviators (FoA) occurred during the first leg of the journey. He left his home base at Manassas, Virginia, and flew nonstop to Bangor, Maine. However, en route he noticed an unusual reading on his engine analyzer. One cylinder's behavior seemed erratic when running lean of peak. A mechanic at Maine Aero in Bangor dropped everything to help him troubleshoot the problem. Ultimately the mechanic spotted a tiny fuel leak coming from the fuel injector line. Left undetected, it could have dumped raw fuel onto the exhaust at some point on Eichhorn's leg across the Atlantic Ocean.
During the nine-hour Atlantic crossing to the Azores, his headset stopped working. There, the FoA came into play again when the only general aviation pilot he could find on the remote islands, an ultralight owner, loaned him a headset for his next leg to France. There, Eichhorn mailed the headset back when he found access to another.
The Army veteran found the France portion of the trip to be among the most moving of the journey. Ian Seager, publisher of England's Flyer magazine flying a Cessna 182, teamed with photographer Ed Hicks to capture an image of the Bonanza over the American Cemetery and Omaha Beach at Normandy, site of the World War II D-Day landings.
In the name of FoA, the Brits loaned their expertise and airplane to the cause at no charge. "Seeing from the air the view of those C–47 pilots on that morning, I was humbled by what they did for us," Eichhorn said on reflecting about the formation flight, walking on the beach, and visiting the pristine cemetery—resting place for some 10,000 Americans who never returned home from the war.
Meanwhile, local pilots in Deauville, France, recognized Eichhorn and his distinctive all-blue Bonanza—global social media at work.
More pilots recognized the airplane at the Aero show in Friedrichshafen, Germany, one of Europe's largest general aviation exhibitions. The Bonanza was on display as part of the Jeppesen booth, one of Eichhorn's many corporate sponsors.
After a few days in Germany, Eichhorn launched across the Alps and down the Adriatic Sea to Thessaloniki, Greece, a major port on the Agean Sea and home to the Aeroclub of Thessaloniki. Members of the flying club and AOPA Greece hosted Eichhorn for several days, the FoA at work again. Eichhorn returned the hospitality by helping one of the local pilots diagnose a turbocharger problem on his Piper Arrow.
While aviation throughout Europe has similarities to the United States, pilots there face user fees, high fuel costs, restrictive maintenance requirements, and overregulation to a level barely imaginable in the United States. But even that pales compared to what Eichhorn faced on most of the rest of his global journey.
An organization called General Aviation Support Egypt (GASE) hosted Eichhorn on his next leg, where he began to truly understand how scarcity drives demand—or at least enthusiasm. Eddie Gould, who co-founded GASE with Ahmed Hassan, introduced the American to an Egyptian cardiologist, who, after a bit of contemplation, determined that he may well be the only active general aviation aircraft owner in all of Egypt. A few others in the African country own airplanes, but they are not active. Gould and his small company provide low-cost handling services for pilots making long-distance flights. In most countries outside North America, "handling fees" are the norm. Varying greatly from country to country, they can be confusing and difficult to pay, but miss one and you could be behind bars. GASE taps into local pilots and handlers to help travelers through various countries, a service Eichhorn came to appreciate as he left Egypt for the Middle East and Southeast Asia.
And although the cultures across that vast stretch of the planet vary widely, the one common thread among pilots was an amazing enthusiasm for flying. "It seems the more difficult it is to fly, the more passionate the pilots become," Eichhorn observed. The local EAA chapter in Kuala Lumpur, Malaysia, turned out in droves to meet the American, anxious to hear his story and learn more about flying. "To fly in the United States is a dream for them. With the military controlling the airspace in most countries, the idea of 'freedom to fly' is almost incomprehensible to them," he said. In most countries outside the Americas, Europe, Australia, and New Zealand, VFR flying is not permitted or is only allowed within the pattern of the local airport. Instrument flight demands payment of complex en route fees and a host of landing, handling, and assorted other fees—charges that often then carry a tax or service charge on top.
In Manila, an entity called Airmach Aviation presented Eichhorn with a bill for $3,347.84, which included handling charges, a $150 landing permit facilitation fee (not to be confused with the $85 landing and takeoff charge), and things
as esoteric as a "quarantine fee" ($175)
and a "Parking & Lighting" fee ($120 for two nights). Eichhorn arrived after dark, but claims the ramp lights were never turned on.
Fuel was reasonably affordable at $1.90 a liter, about $7.20 a gallon; he paid upwards of $26 a gallon in the United Arab Emirates, where the raw material practically bubbles from the ground, right? The handling fee in Dubai was more than $1,000.
As if to add insult to injury, the Manila bill included more than $280 in taxes and "admin charges" on top of the fees.
Such charges were typical throughout the trip once beyond U.S. shores.
While frustrated by what seemed to be price-gouging fees and bureaucratic processes for obtaining routings and permits, Eichhorn mostly took the experience in stride. "I made this trip because Adrian wanted to. I had no agenda. No cause. This was a bucket-list item. I'm glad I did it," he says reflectively.
While he had toyed with the idea for years, the planning really kicked into high gear in the fall of 2014 when his sister and mother died within a week of one another. "Life-changing events like that make you realize that 'tomorrow' may be too late. You have things you want to do? Go do them."
Continuing the spirit of the fellowship of aviators, Eichhorn spent much of the summer and fall sharing tips and techniques learned on the journey with other pilots at the AOPA regional fly-ins and EAA AirVenture. He'll continue that in 2017. "The biggest takeaway for me," he said, "is that what we have here in the States is unique and worth protecting. There's no place like this in the world, where we truly have the freedom to fly." And while he says he has no desire to fly a similar route again, he pats the bulbous tip tanks on N1733G and says with a sparkle in his eyes, "But you know, there's always the poles."
Among Adrian Eichhorn's most memorable moments of the five-week global journey was flying over the American Cemetery and Omaha Beach in Normandy, France.
A tower controller in Santorini, Greece, helps prepare a flight plan for the leg to Egypt.
PAXIS Intersection in the Mediterranean Sea, start of Egyptian airspace.
On approach to Dubai.
Eichhorn greets Christas Gr. Papazafiriou, who, at age 85, is the oldest active pilot in Greece.
Ben Doughty from Maine Aero Services in Bangor, Maine, helped diagnose a critical engine problem before it became a major issue.
Around the world user fees.
The Greek islands proved to be as beautiful as depicted in many movies.
Eichhorn plans his next leg from Deauville, France, to Friedrichshafen, Germany.
"The real reason for the trip? To ride a camel," joked Eichhorn, who has crossed that and a visit to the pyramids off his bucket list.
Adrian Eichborn's route around the world.
Never too late to circle the globe
Zen Pilot to spread message of unity from pole to pole
'Zen Pilot' DeLaurentis joins AOPA Opinion Leaders

redpajama_set_name: RedPajamaCommonCrawl


text:
Free SEO Book
Michael Vann: How to Sell Your Business for Profit, or Buy One at the Right Time
For over twenty years, today's guest has been part of an entrepreneurial father and son team that has helped the owners of privately held small and mid-size businesses build, maximize and realize the value in their businesses and prepare for profitable exits.
Please welcome Michael Vann.
0:16 – Michael on Forbes Community
0:56 – Michael's Background
4:26 – Educating Buyer and Seller
12:20 -The biggest factor that contributes to the Transaction
16:33 – Calculating
Learn more about this guest:
www.vann-group.com
www.buyingouttheboss.com
Podcast Episode Transcripts:
Disclaimer: Transcripts were generated automatically and may contain inaccuracies and errors.
Michael van everybody. Hey Michael, thanks so much for jumping on today. Thanks for having me Damon. It's great to be here. So, uh, you and I are fellow Forbes council members. And how have you enjoyed and leverage that Forbes, Forbes community? How long have you been doing that? Uh, about a year right now. Um, and I didn't, I didn't really dive into it as much, probably the first six months or so last year, but they've since started focused on writing more articles and getting involved in some of the communities and just kind of paying attention.
So it's been, it's been great. It gives you a great, um, uh, Avenue to, to reach out to a lot of business owners. Yeah. Yeah. About, same for me about it. About a year. It's been cool. Um, well, Hey. Yeah, I want to let's do like the crash course intro and then obviously we'll dig in deeper. And so I like to ask two questions, one on a more serious note and one more of a joke.
So question one is what are you good at? What are we going to be talking about today? And question two is what are you not so good at? So from a, from a good ed standpoint, we've, uh, you know, it's funny consultant since basically the day I walked out of college. So no real world experience from that standpoint just walked right into the business, but I've always been very good at providing our clients with very practical.
Common sense advice on their business challenges. And that's really, um, come into three areas. One is certainly in the value building space. The second is in an area we're very, very passionate about is the succession and transition planning space. And as a byproduct, the merger and acquisition side of things.
So helping, helping business owners actually realize the value that they've built in their company and sell them. So that's certainly on the, on the good side and on the bad side, I think I'd probably like a lot of business owners and entrepreneurs. Absolutely horrible at delegation. I get to find anyone can do anything as good as I can.
So it's funny, the entrepreneur, like that goes one way or the other it's totally polar. You either get the people that say, Nope, not my thing or the other people that say I can't survive without delegating. Yeah. I'm, I'm working on it, but I'm, I'm one of those ones. If I have a task list, I just go and I get it done.
That's what I need to do. So. Well stuff. I dropped the ball. As your intro mentioned, you're part of an entrepreneurial father and son team. So are you the father or are you, uh, fortunately I'm the son. So is that kind of what brought you, brought you into where you said you walked straight into business, as you said without real world experiences, is that because you're able to walk right in underneath your father's wing?
Not quite, I got started in corporate working for a big fortune 500 consulting firm, you know, and I think that's pretty, pretty common for out of school. Go to work for a big company. I did that for about two or three years and just got absolutely sick of not actually producing anything of value that was going to get implemented and executed.
So out of frustration, I talked to my father about the. The family business. He said, well, why don't you come home and join us here and start up the consulting firm. And so that was in 1999 and I figured, well, we'll give it a shot in the air. I am almost 21 years later, still consulting. Very cool. Now we, you know, we've had other guests talk about how well, the importance of buying a business and, you know, the, the different ways they can go about it financially.
But I think the value that you could bring to the discussion that's a little bit different is maybe we talk about more about the why's both for the buyer and seller and kind of educate owners about the importance of. Proactively planning their exit. So a couple things come to mind and we can kind of start or wherever with these.
So for example, on the buyer side, maybe we talk about the different types of exits, whether it's selling for cash or, you know, selling, but retaining some residual equity or merging. And then on the, on the seller side, um, you know, actually I got that backwards on the, on the buyer's side. Um, you know, Different reasons people sell, because I think a lot of people, um, Overthink why somebody would sell.
And they, a lot of people always think, well, it's gotta be for a big financial windfall and that's not always the case. And I have some examples we can get into where sometime it's health-related issue. Sometimes it's just burnout. Sometimes it's a personal crisis. Um, so I think there's a lot of different Ys that we can talk about between buyers and sellers.
I'll let you pick your favorite Avenue of choice to start with. Sure. I think it probably makes sense to start with the, with the seller side, because those are, that's always the kind of starting point of companies not available for, you know, to be bought until the seller makes a conscious decision that they're willing to entertain that.
Um, in the challenge we've always seen with, with sellers is that. They, they know they want to get out of the business someday. They kind of started the business with the expectation that there would be some, some value there, but they're, they're never really prepared. In most cases. I think there's a stat of only 25% of a business owners have really done any succession or transition planning.
I was just working on a presentation last night, looking at some, some data and for smaller business, it's something like 80% of them never had been any, any planning before they, they sold. So it's, it's always something that everyone, it keeps in their mind when they're going to sell the business, but never really gives a thought to what an exit looks like.
Um, so what we see happens a lot is we might get engaged by client too. Who's starting to think about it, but more often that would get a call from someone who's just kind of hit this tipping point in their life. Where they decide it's time to sell the business. You know, we had one client who was a, did a lot of traveling, a lot of training for a client.
He was sitting out in Montana having a cup of coffee, looking out at the mountain range in the morning and looked and said, why am I doing this anymore? And, and that was the moment that was the trigger hadn't thought about selling at any time beforehand, but that was the definitive moment he needed.
Just like that moment of clarity that now's the time. So we see that quite a bit, and then there's always those other, other reasons retirement is coming along or, you know, there's health issues that certainly, uh, pop up. We unfortunately have to deal with those from time to time. And other times it's people, you know, just get burnt out from the business.
They want to do something different in life. Um, so that's a, that's a big driver. You know, I think a lot of people look at certain business and go, wow, that business is a complete gold mine. They must just actually kill it, but they don't see any of the behind the scenes of what's going on with employees and the financing side and what the business looks like when, you know, the customers aren't in the, in the place.
So, you know, we do see a lot of burnout happening with a lot of business owners today. As one of the reasons why they they're contemplating a sale, if you had to take a guess, excuse me, if you had to take a guess on kind of a percentage of what businesses are started with an exit in mind versus, you know, they're already way down the path of an established business before they start to figure out that game plan.
I'm assuming that the majority of business owners don't start with an exit in mind. No, they don't. I mean, and I don't know what the percentage was, but I think if you were to. Talk to most business owners, unless they were, you know, going after them, the venture capital and angel and stuff to get funded initially and scale, most of them started business because they saw an opportunity duty and they were tired of working for somebody and just wanted to focus on something they are really good at, you know, and it gave them the flexibility to do, do that and like give them the opportunity to make a little bit more money.
So that, that exit wasn't really. You know the mindset, it was just something that suddenly I've been doing this for 30 years. Maybe I have something of value here and I can, I can sell it. Perhaps I should start to think about, you know, what an exit looks like. Is there kind of on the same topic about taking a guess on percentages you had just kind of randomly mentioned 30 years.
Do you see a consistent year span or timeframe that business owners have invested in their business before they decide to exit. With most of them, unless it's like a second, uh, you know, a second career, you know, they've probably been with the business 30, 40 years. Um, a lot of our started and when they were in their mid twenties or they acquired it, um, I think you see it a little bit of a change.
Um, you know, as we're getting, you know, as a, as gen X is becoming more business owners, you're seeing them acquire businesses a little bit later in life and their mid forties. But most of our businesses that we sell, you know, the one we just sold the other day, it was 40 years. Two brothers, you know, we started the business in 1979 and finally to sell, decided to sell.
And I think that's a pretty common window is that 25 to 40 years, you know, someone's, uh, someone's been in for that long of a time. So why don't you walk us through, what's it like to work with you? Walk us through the exit planning process, where do you begin? So the exit planning process, we try to make, 'em very how I say, I don't want it to be intimidating because it's one of those topics that.
People don't like to bring up, which is why most companies don't don't do it because it implies well, the end, you know, none of us like to think about the end because the end means death. It means the end of the road and all those different, different types of things. So we try to make the process, um, very conversational and relaxed and allow the client to kind of dictate the pace on that.
Um, so it starts with an informal discussion. As to what are they looking to achieve? You know, understanding, you know, who the players are and their scenario, what they've done for planning or haven't done for planning financially, you know, if there's kids or, um, you know, partners involved in the business, how their spouse looks at the business.
And we start from, from that standpoint. So just in a very general informational gathering, start the process. From there, it starts to move into more of a, you know, analytical exercise where we might, you know, develop a valuation on the business interview, key employees, um, other stakeholders in the business.
Maybe there's a spouse. Who's going to be interviewed because they've got a. You know, they've got a say in what's going to happen with the business. So start to do more of a formal, uh, informational gathering process. And then from there we bring back our findings. So it's, you know, we give the owner an outside perspective of this is what we see as to the business and its viability as to, uh, you know, being sold.
You know, what the viability is, might be of a internal transaction versus an external one, and start to lay out all the various options that are available for them. From there, they can then choose which options do they do. They want to pursue? Um, you know, it's almost like you have a board and you can say, well, I liked the idea of selling internally, and this is, you know, and I've got these couple of key employees, what are my options on how to do that?
Or, you know, what I'm interested in selling to the marketplace? You know, what do we need to do to get our value to the point where someone's going to want to acquire us? And from there, we're then able to start to build a plan. To effect that, uh, that transition plan, you know, so it might be, or we going to develop your management and leadership team because we got to get ready for a sale.
It might be, we're gonna have to start the documentation process and gifting process with your, with your family. Or we're going to have conversations with your lawyers and bankers and accountants to start to affect this Tran transition. And from there, it just comes down to the execution side. And, you know, I make it sound like it's a very orient step oriented process, but the, this can take several years to go through because there's a tremendous amount of emotion involved with this.
You know, this is not just like selling your house. You know, there's so much, that's tied up for an owner in their, their business ownership. It's their identity, you know, it's their source of cashflow. It's their, um, you know, it's, it's just so many things to them in their life. I mean, they spend 50, 60, 70 hours there, uh, with the business in most cases every week, you know, most of us don't spend that much time with our families every week.
So going through this process is, you know, it can be painful. It can be a ups and downs on the emotional roller coaster. So there's a lot of interesting topics that you had kind of touched on their length of time on entertaining a sale until the actual exit was what I was going to ask about. And so you had mentioned, it can take up to several years during that time.
I imagine some are obviously much quicker as well, and then some even drawn out what's the biggest factor that contributes to, uh, you know, how much time that transaction actually takes. I think a lot of it depends on if we're looking at an external site. Well, we're looking at where does the owner want to be from valuation standpoint and is the company position today to achieve that?
You know, it's hard when an owner comes in and says, all right, I'm ready to get out in a year. And I need, you know, $5 million and you're looking at the value and, you know, it's a $3 million sale price, you know, to build up that value, to get to that extra 5 million that might take three or four years, it's not gonna be a year.
Um, cause you've got to get the company positioned that way with an internal transition. We have a, you know, to a certain degree, a lot more flexibility because the owner in most cases is probably going to be financing a component of that and they can let small pieces of the company go over a period of time
You know, they can bring in people into the process as they see fit. So they have a lot more control on an internal transition as to when and how that, that gets affected. Now is there kind of an average, I I've, I've, I've talked to other brokers and I've had a lot of friends that have had exits. And one thing that seems to vary wildly is the multiples that people will call.
And I imagine a lot of us do with the industries that the businesses in, but what's kind of the average multiple that people are looking at one settling. So that's going to, to your point, it's going to vary depending on size of the company in the industry and in those different, um, factors. I think a good rule of thumb for most small businesses.
And when we're talking, you know, small businesses as a company, that's probably going to transact, you know, under a million dollars. So we're talking maybe a 250,000 to a half, a million dollar EBITDA. No. I think that I was looking at some multiples the other day from BizBuySell and I think they said their average average multiple was 2.3 times the, of the earnings.
Whereas if you're a, was over a million dollar transaction, it was like 3.6 times. So it varies pretty, uh, pretty wildly, depending on the size of the company and the reason for that as well, the larger companies, you know, there's, there's an investment there that it's the management's in place.
Everything's happening. On a smaller company. Someone's, you know, I hate to say it, but someone's really buying your job. So how much do they want to pay you for your job? It comes down to the part of the key equation. Why don't you define, could you define two things for the listeners? One is EBITDA. And then, um, after that, how would you define smaller versus medium sized business?
Okay. So exhibit a is a, you know, if I'm a little financial term known as earnings before interest taxes, depreciation, and amortization, and basically it pulls out the capital associated costs of. Of that, of that business to give you a true picture of cashflow in smile, businesses will use a term called the adjusted EBITDA because we know that most small business owners, midsize business owners, I guess probably call it privately held businesses.
You know, they try to minimize their profits from a tax standpoint. So they might have, you know, cars and vehicle, you know, uh, trips and travel and, uh, kids on the things like that too, to diversify it. So add that back together and the adjusted EBITDA number. There's also a number you'll hear a lot in smaller businesses called seller's discretionary earnings, which is when they use EBIDTA, but they also add the compensation of the owner in there.
It's again, you're buying a job, so to speak. So they want to know, well, how much is there to pay myself. And, um, you know, the, the typical EBITDA that we have from a small business standpoint is to what's a small business, uh, versus what's not. We kind of use the framework of, is it going to be, um, a sale price over a million dollars or under a million dollars?
Um, no million dollars is definitely going to be a small, small sale, small business transaction, uh, over a million dollars, you know, in our world for most midsize businesses. That's where we. I would equity groups and, you know, bigger companies have a whole different perspective on, on that model. But for the most part, you know, most business owners can think of it in those terms.
And, and when you're calculating out EBITDA, how many years of revenue do you typically look at? Okay, so we will usually look at three years, um, in total, what we're usually focused on though is what we'll call the trailing 12 month EBITDA, which is the last 12 consecutive months of performance. Because that gives us a really good snapshot about how the business is performing, um, over the, over the most recent period of performance.
So a lot of times you'll see a transaction price tied to the trailing 12 month EBITDA versus, you know, last, last year exhibitor or something like that. Yeah. Well, one thing that you mentioned that I've had some of my friends that have had those exits, uh, talk about is you talked about the identity that a business owner builds up in their business.
And one good friend of mine after his exit, he says, What do I do now? I, I did this every day. Yay. For so many years. And he almost had a bit of an identity crisis for awhile. And, um, you know, I think it's kind of funny in some ways, because everyone talks about the exit and, you know, sunny days on the beach or whatever their dream is, whether it's long term or short term after the sale.
But it seems like more people I talk to. That window doesn't last, very long before they start really wondering who they are anymore. Do you, do you have those conversations very often in the followup process after? So all the time, you know, it's one of the Kimberly it's one of the challenges when it comes to a transition planning with an owner is they really have no idea they're going to do.
Um, I think most business owners can appreciate that you can't golf every day. And as much as it might sound fun for a little while they start to go to go nuts over it, because they're not, you know, they're creators, they're builders and suddenly they're not doing that. And you know, that, um, identity is critical because I mean, think about how you introduce yourself or people know who you are so much as, Oh, that's, you know, Mike, he owns the van group.
You know, that's um, so it becomes part of your identity and suddenly you're not, you're just a guy, you know, you don't have that, that identity anymore. So it's really, it's really hard for individuals. And there's a stats that show, I think the level of depression that goes up on people who have retired, sold their businesses, like 66% or something like that, because they're, you know, they've lost that piece.
So when we're doing planning with owners, we have that conversation as to all right, what are you going to do after this? You know, just like you built a business plan. When you started the business, you need to build a business plan for your life post business. You know what you're going to do. You kind of a more personal question on that.
Um, so you as a broker, why does it matter to you what they do after the exit? So we want to see everyone happy. You know, that there's nothing, um, you know, you want the closing to be, uh, an exciting time. Because they're getting a check, they realized a lifelong dream and you don't want them to suddenly be, you know, questioning it, you know, and, and upset about the fact that they sold their business.
We want them to have that full, happy ending. Right. So it's, it's great. You've got the, but if you're not happy afterwards, I don't care how much money you got at the transaction time. You know, it wasn't worth it. So we want our clients to be in a good position when they sell. It also can lead from a broker's standpoint.
It makes it a lot easier. If a client is excited about the sale and what's coming next, you know, you're less likely to have those cold feet at the last minute with a deal. That makes sense. How, how often the find that when you do that succession planning that the business owners. Proactively want to transition into new responsibilities or another business.
So, and not doing the golfing all day concept versus the ones that are like, Nope, I'm checked out. Like I may not be golfing every day, but I'm done with the work world. Yeah. I think most of them like the idea of being done for a while. Um, you know, I think a lot of them, when they're thinking about, I said, well, I'm gonna dabble on, maybe I've got the kids, we're going to do some traveling and then we'll figure it out.
We maybe do some volunteer work. Uh, that type of thing. So I think most of them are looking for a little bit of a break, you know, to, before they dive into something, you know, we were just a once with partners of ours who sold their, their company a few years ago in, stayed on, you know, so private equity came in and bought it and they were in running it.
And then finally, finally exited. And when we said, all right, you ready to buy another business? And they said, absolutely not. We're done, you know, we've got enough things that we can do. Uh, to keep ourselves busy without outside of business, they were all done with business. Um, so you don't hear that one all the time, but for the, for the most part, you know, I think if they get back into business, it's more happenstance than a, than a planned event.
Yeah. You know, I have, I have one good friend of mine. He's he's been, um, he has been on the show. SoI won't mention who it is cause they'll kind of talk about financials a little bit, but he's had, um, he, he is the definition of a serial entrepreneur. He's had four or five exits in 12 years and, and they've all been massive sales.
I mean, I guess massive is relative, but they've all been over the million dollar Mark. Yep. Um, I imagine that's pretty rare. It is, you know, and then you do see it sometimes with guys who have really big exits that they do start to try to chase the next one, you know, but you know, if your friend has been successful as a serial entrepreneur, I mean, they are, they are a rare breed.
Yeah. We'll do it over and over again because it's so hard to build one company that's successful. Um, but to build multiple is, is really amazing. Yeah, I've been really surprised in such a short time, too. So it's been interesting to watch, you know, I had, I had a company approach me a VC group years ago and they were interested in acquiring my SEO agency and merging it with another marketing company.
Um, I ended up backing out because part of the discussions just seem kind of slimy. But what I learned was. Two things. It was an, it was an amazing learning experience, looking back. And from my perspective, I learned that buyers want two things. Um, they want a turnkey business, so they can take the keys and run with it.
And then the second thing is they want to know where the fire is, where all your leads cells are coming from so they can just amplify it and pour more fuel on it. Would you agree that those are kind of two core elements that. Buyers are looking for. And is there any noteworthy additions to that list? No, I think you hit it right on, right on.
They want to know that they've got a good, strong management team that they can, they can build with, you know, with private equity. A lot of times we'll see them bring in someone at that next level. Who's their whole job is to scale the business. You know, who's going to be out doing the next acquisition.
Who's going to be out getting those, those, those companies. So, you know, the whole objective when it's a professional money, whether it's VC or equity is to. To get to an exit and get to an exit as fast as possible for as much as possible. So anything they can do to accelerate that business, um, is, is going to be their objective.
So good management team, and then knowing, knowing those triggers on, on sales are the drivers to that. Have you ever read the book lost and founder by Rand Fishkin? I have not, um, yeah. Check it out. It's a really cool it's. It's about exits. So for the list, familiar with digital marketing, there'll be familiar with Rand Fishkin.
He was the founder of a company called Moz, which is a big SEO platform. But the book isn't really about SEO. I mean, obviously it has a lot of mentions to it, but it's about his struggles as an owner and the talks about. Uh, the stresses of taking on investments and the unique situations that you run into, um, considering exits.
And one example was he had a company offered to buy him out for something like $28 million. And they ended up saying, no, we based on our trajectory and where we think we're headed, we want 40. And they said, well, you know, we can respect that, but we're going to decline. And then later, uh, Come to find out that was the peak of his business and he never got even close to it.
And he talks about the pain of that and the book and how at a $28 million exit, he would have got, I don't remember like five to 10 million, which is, you know, more than enough for the average person to live on. And he talks about how he could help his family and all these little things. And, um, it was, uh, it was a really interesting book.
Um, Just to get the more transparent perspectives of, of really what can happen and not just the highlight reel. No, and I think that's, um, you know, I'm going to say a pretty common story, but it's certainly one that a lot of our clients struggle with is, you know, you bring an offer into them and they go, this is an amazing offer, but should I be selling it this at this point in time?
And I think a lot of people think, well, the first group offered this. Someone's bound off for us more down the road. And as noted there, that's not always the case. Sometimes the businesses do peak, you know, at timing is everything. Um, in, in markets, you know, we're, we were advising our clients, you know, the past year or two, if you're going to sell, sell, now the market is hotter than it's ever been.
The multiples will never be better. Yeah. So you kind of have to take advantage of those, those situations when they come. Yeah. Oh, one question I was curious about, you talked about the big differences and an external sale versus an internal sale. And when working on an internal cell, if, if the salary is financing, some of it, do you ever see situations where the buyer defaults and in that situation, what happens?
Does the business go back to the original seller? Yes, it does. So we had, um, we had a guy, I won't call it a great story cause it's, you know, a perfect example of that back, you know, in, during the great recession, uh, internal sale. A construction-related company and the, um, uh, finance, basically a good chunk by the, by the seller, but also the bank, you know, the bank that had been there with the company for a long time was very comfortable.
We've got our key manager buying it. This'll be great. You know, the, when the numbers look fantastic and then, you know, the recession hit and the leverage and everything on the deal was just too great to be able to. To be able to sustain, you know, the drop in sales that was, that was there. So, you know, the, the former owner came back in and acquired the company for, you know, a fraction of the, of the price.
And he still owns it today. And coincidentally, the, you know, the back up for sale. Yeah. Buyer's still there working, you know, and wow. And an opportunity to go back into it, you know, into a minority ownership position. But. Wow. You definitely, you definitely do see those. Do those defaults happen? The good news for you as the, you know, it's a good news thing is the buyer is the seller is you, you have that opportunity to, to protect yourself in the bank.
He confident in you. That's why the, um, they usually require you to finance some component of the purchase price. The downside is what you're selling. Cause you want to get out of the damn thing. You don't want to be stuck with it. And here you are getting dragged back in. Yeah. Every it's like every seller's worst nightmare, but I've certainly seen a number of them have done very well, uh, buying their company back.
Yeah. So we've talked a lot about sellers. Let's kind of shift gears to the buyer side for a little bit. I think it's important as we briefly touched on at the beginning of the recording that, uh, people would be really surprised why. Sell or sell sometimes. Um, you know, an example that comes to mind is I have a good friend.
He's a, he's an older, wiser version of me by a couple of decades. And he had, um, multimillion dollar business. I want to say he was doing somewhere between 20 and 50 million a year. And this was like 15 years ago. Um, and he lost a child to SIDS. And he just couldn't maintain. And so he sold it to his neighbor for like a 10th of the value because he just to check out.
And so it's, I don't bring that up. Say it's a good opportunity for people to take advantage of the circle, but sometimes there are times where Sallers. On their, uh, at their own discretion are willing. Like they just want to get out and it can be a good opportunity for buyers. Um, so why don't we touch on some of the, the more random examples or maybe good opportunities that buyers can look out for interesting scenarios that you've seen, why sellers are selling?
Yeah, I mean, you know, one, uh, one example we have was, it was an absentee owner. Um, and own the business was, you know, more of a financial investor into the business in the business was kind of humming along. Not doing, not doing bad, but not doing great. And, um, That kind of bad management in place, but there was a, an internal manager who was really sharp, knew what he was doing.
And one day he got a call from the, from the owner of the company. So, you know what, I'm tired of working with the other guy. Um, I'm tired of the whole business. If you want to buy the business, you've got a week to, we could do so. And you know, so he went from suddenly being this, you know, a machinist and the guy on the shop floor.
It was, you know, running some components, isn't this, to having this opportunity to really, and you know, when you think about it, it's a life changing opportunity to go to suddenly have the ability to buy this very successful business. And so, you know, went home, talked to the back to his wife and they made the decision to jump in.
And buy it. So, you know, it has had some challenges with it because of the, of the timeline and the, you know, the lack of sophistication that the, that the buyer had. But, you know, he's done very well with the business over that period of time, you know, being in the right place at the right time on internal sales like that.
I actually have a friend of mine, um, that. I'll give you a very specific example. So he works at a place he's worked for several years. He enjoys the line of work that he does, and the business owner, admittedly, is kind of going through a personal crisis. You know, they've had legal issues, they've had relationship issues.
And so the business is kind of falling apart because of the owner's personal problems. And. The, the owner has, uh, you know, verbalized a potential interest in selling whether it was in, in, in a passing comment to the internal team. Um, but my friend, I was super nervous about bringing it up, even though there's a clear opportunity there.
Um, do you have any advice to somebody like that to, to broach that conversation and how do you get that discussion started? Yeah. So, I mean, I, and I hate to plug the book here, but this is a kind of like one of the central themes of the book. My father and I wrote called buying out the boss. The successor's got a succession planning, which walks through the whole process of from a buyer's perspective inside in one of those chapters is entitled, you know, opening Pandora's box, you know, which is exactly what we, we call this because once you, once you step forward and say, I'm interested in buying or that owner comes and says, I'm interested in selling to you.
You really can't go back to the way things once were. So if you're gonna, if you're gonna do it, if you're going to approach that conversation, you know that the advice while I was here, you, you better be prepared to follow through. You know, if this is something you're truly, truly interested in doing, and there's been some hints in whispers, you know, be transparent, be candid about it, about your interests in your situation.
You know, one of the things that we see a lot of times when, when these conversations occur, what happens is there's not a lot of transparency, you know, because there's this casual relationship and we're afraid to hurt someone's feelings. Or, you know, if you're that buyer, you know, an internal buyer, you have this sphere because not only is it like stepping up to try to buy a business, but.
Your job is probably on the line. You know, this is your, this is your livelihood. So it can, it can be pretty scary to start to have that conversation. But I think if you go forward with, um, sitting down in that conversation and laying out your thought process, why you want to buy the business, you know, what resources you have, what's your, what you think you're willing and able to do.
It makes it a lot easier for the owner to know that you're serious. Worst case happens. They say, no. They at least then know that you had the, had the interest and they may come back to you. No. Why do you think that the relationship changes, like you said, once you open that Pandora's box, um, is it because now there's a potential for the owner to look at the, the interested buying candidate as some sort of competitor?
Or, or why does that change? That not so much as a competitor, but, but then now there's this whole different dynamic in the relationship, because now we're talking about the business itself. It's no longer the boss employee relationship. Now we're a buyer. And, you know, as a buyer, you have an obligation to be somewhat critical of that business, you know, and you have to, um, you know, protect your, your interest.
And when you're an employee, I mean, you protect your owners, but your loyalty is generally to the, to the company. When you're now the buyer, your loyalty has to be teeth, you know, to what's best for you and your family. A bit of a different different level there. Um, so I think, yeah, that's, you know, part of it, there's also, I mean, there's, there's a fear factor.
Therefore, the, for the foreign owner of a company too, is what if I approach this conversation or this doesn't go wrong now I've lost this key employee. They put, they put a lot of risks there. So, you know, they're trying to be cognizant of, of that as well. You know, so they might tip toe around some things that need to be said or not be said, or, um, you know, a lot of times we do see some regret when they have those conversations because they weren't really prepared for it.
And now they've put themselves in the scenario where you have no, I've got this great person who I've known for a long time has worked for me, has been good. Now they do want to buy the business. Maybe I'm not ready. So it, it creates some, uh, some tensions there. And plus we're dealing with money. You know, which is adds a whole different component to it.
Uh there's it's a lot of money. It's not just, well, we're talking about a pay raise or ammonia. We could be talking about hundreds of thousands and millions of dollars on the line. Yeah. And I think this is a good opportunity as we get closer to wrapping up, you had mentioned your book buying out the boss.
What else would readers gain from that book? Readers are going to gain a clarity on the process and how to approach coach and internal, uh, transaction, you know, particularly from a, from a, a buyer standpoint, it's written from that perspective, although it's very valuable for a seller to understand standard as well, you know, in a.
An internal buyer. Doesn't have, I have the leverage that, uh, the seller does, you know, they're typically younger. They don't have the resources. They don't have probably the advisor network. They've never done this before, in most cases. Whereas that seller, you know, they've been in business a long time.
They have a team of advisors who have been advising them. They don't have to sell necessarily. They've got more money, you know, they've got a lot more control. So understanding, you know, we call, we have a section entitled, you know, the 12th, the 12 laws of, of insight deals, you know, and looking at all those different things that could go wrong and how to deal with them.
That's everything from, you know, how to build your advisory team to how to deal with, uh, you know, the ego that you, that you're going to come across. And, um, So all these different pieces that come together. The other thing that we talked to about in the book is, but what happens once you've bought the business?
You know, there's a lot of a tendency of buyers to want to go in and change things immediately. You know, so it's, well, how do you make sure that you do this in a right way? So you don't lose, lose a hearts and minds and, you know, kill the golden goose that you bought here. There's a lot of talk about the legacy costs, you know, uh, privately held businesses, you know, owners have a tendency to make a lot of side deals or have kept the employees on at a sentimental reasons or a lot of things that as a new buyer, you don't have the, uh, The ability or the willingness to, to do so.
So you've gotta be careful with those legacy costs, covers all those things. Those are really interesting perspectives. Um, uh, as I mentioned earlier with the VC company approaching me, um, some of those came to mind during, during those discussions and there are things that I don't think you'd even think about.
So I think it's really great topic to cover in your book. Thanks. Well, Michael, I appreciate your time, Michael van everybody. I'm going to give you a couple of seconds to tell us how to find your book. Tell us about your website, any other contact information you want to put out there for us? Yep. So you can find us@wwwdotvan-group.com.
That's our main website for our company and the book can be found@buyingouttheboss.com. You can purchase the book there and if you use the promo code, be the boss. You can get $5 off the price of the book. Very cool. And that's van V a N N two N. Stash, group.com. Buying out the bus.com. Thanks so much, Michael.
Thanks for having me, David. It's been a pleasure.
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Home News Plaque unveiling
Plaque unveiling
George Smith and his wife, Sue Smith, Lauren Clayton and Suzan Muroa with Dr John Rogers (seated).
A new plaque describing and interpreting the geology of Chapman's Peak was unveiled by the Western Cape branch of the Geological Society of South Africa (GSSA) on Tuesday November 12. Dr John Rogers, from the GeoHeritage Sub-committee for GSSA, said the plaque replaced an earlier, bilingual version which had been lost by civil engineers restoring Chapman's Peak in recent years.
The new plaque that was unveiled on Chapmans Peak.
Dr Doug Cole of the Council for Geoscience in Bellville, left, and Dr John Rogers, retired UCT geology lecturer, right, moments after the big reveal on Chapmans Peak.
Previous articleFire victims occupy hall


Are you remodeling your kitchen and need to rewire your additional appliances? Do you need to add a hot tub circuit? If you need electrical renovation professional in the Greater Los Angeles area, look no further then the professionals at Oran Remodeling. Home remodeling and renovation projects in Sherman Oaks require expert electrical wiring complete by a licensed electrician.
Nearly every home renovation is likely to involve some type of electrical rewiring or new wiring. You may want to remodel your bathroom and move the vanity or appliances to give it a better flow. This will require moving your existing outlets. You will need to make sure your current electrical system meets the demands of your evolving environment.
If you finally decided it is time for home renovations, or you have a remodeling project in mind, Oran Remodeling is your best choice to help you with planning and the execution on your project. Our 25 years of experience have taught us the ins and outs of electrical services. We ensure that your project proceeds with the proper attention to detail so that upon completion your renovation project allows you to feel like you have built your dream home. We will make sure we added the proper amount of lighting and electrical access to accommodate your lifestyle.
We guarantee quality work every time when you entrust your project to the experts a Oran Remodeling. We will make sure your home meets all electrical codes and safety requirements. Whether your project is a kitchen, bathroom, or any other type of renovation, choosing us will ultimately save you time and now.
Call Oran Remodeling now for a Free Estimate.


How Many Syllables is a very helpful website for writing poetry. You can look up any English word and it will tell you how many syllables the word has, which syllable is stressed, and how to pronounce the word. It also lists synonyms and rhymes for the searched word.


recycling system are getting more and more popular.
world. Vouchers such as API, DNV, ISO are available since the establishment.
opening, whilst the bottom shaker is equipped with displays have small opening.
can be further split up by the bottom shaker.
rotating increase to 3200 rpm, often the G force can get to to 2062G.
Hi, a pictures for GN Mud Recycling System we shown in Brisbane,Australia. Jack leg lifting design will meet you requirement on fast moving. Do you need further more pictures?


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The Weeknd to perform at 2021 BRIT Awards next week
The Weeknd may have a bone to pick with the Grammys, but he evidently has no problem with the British equivalent of the Grammys, The BRITs.
The artist is the latest performer to be added to the 2021 BRIT Awards show, which will take place May 11 at London's O2 Arena in front of an actual audience, many of whom will be front-line workers. The "Blinding Lights" star is up for International Male Solo Artist at the ceremony.
Other stars performing at the ceremony include Coldplay, who are opening the show, leading nominee Dua Lipa, Olivia Rodrigo, and Pink, who'll duet remotely with British singer/songwriter Rag'n'Bone Man.
For those not in the U.K., the awards show will be available at 3 p.m. ET May 11 on the BRITs YouTube channel.
As previously reported, The Weeknd said he'd no longer submit his music for consideration for the Grammys after he was snubbed last year.


Police have cordoned off a west Hull cemetery after a 'body was found' inside.
Western Cemetery in Chanterlands Avenue is cordoned off with police at the scene.
Four police vehicles are outside the cemetery while an area inside has been cordoned off.
A young woman at the scene said she found a body while visiting the cemetery on Tuesday evening (November 6).
The reported discovery comes just over a week after Jacquie Parsons, 56, was found dead in the same graveyard.
It is believed she died of hypothermia after falling from her bike while riding through the cemetery on Saturday, October 27.
A teenager has described the moment she found the 'skeleton' in Western Cemetery.
Officers had to cordon an area off after a group made the grim discovery this evening.
"It appears that an existing grave has been exposed due to natural ground movement.
"We got called out at around 8pm following reports that a body had been found in the area.
One witness, who alerted the police, has told Hull Live what she saw. She said: "We went to visit my dad. We were walking and we went to see the old graves and we were having a look. We went to put a flower on it and we've seen a hole. We were having a look in the hole and there was a man or a woman as a skeleton.
"I felt sick. I cried my heart out because it's someone else's mam, nanna, grandma, dad, anybody. They could've murdered them and chucked them down there.
"We ran off in shock. We left my dad's flowers. We came back to see if it was true, see if we were seeing things, and it was true. There was a skeleton and we could see the skeleton.


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Rivali sul ghiaccio (Die Eisprinzessin) è una serie televisiva tedesca in 9 episodi trasmessi per la prima volta nel corso di una sola stagione nel 1991.

Trama
La diciassettenne Katrin Fink è una pattinatrice sul ghiaccio che dopo l'incidente del suo partner, Stephan, gareggia con Markus.

Personaggi e interpreti
Katrin Fink, interpretata da Patricia Jares.
Stephan, interpretato da Rico Krahnert.
Dagmar, interpretata da Isa Carpiuteiro.
Kiki, interpretata da Melanie Frahm.
Oma Lotte, interpretata da Gerda Gmelin.
Iris, interpretata da Verena Grosser.
Ollo, interpretato da Marek Harloff.
Waltraud Fink, interpretata da Micaela Kreißler.
Flo, interpretata da Michaela Krenz.

Produzione
Tra i registi è accreditato Jens Uwe Bruhn.

Distribuzione
La serie fu trasmessa in Germania dal novembre 1991 sulla rete televisiva ARD. In Italia è stata trasmessa con il titolo Rivali sul ghiaccio.

Episodi

Note

Collegamenti esterni

redpajama_set_name: RedPajamaWikipedia


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Appleton: Point Was Deserved
Manager Delighted With Second-Half Showing
Manager Michael Appleton was delighted with Blackpool's second-half performance against Watford, after The Seasiders came back from two goals down.
Plenty of spirit and character was once again on display at Bloomfield Road, with Isaiah Osbourne levelling matters in injury time.
Appleton's decision to bring the midfielder on as a second-half substitute saw Pool take control of the midfield battle and exert plenty of pressure.
"We gave ourselves a mountain to climb and we probably had 90 per cent of the possession in the second-half," the manager said. "We thoroughly got the point that we deserved.
"We changed the shape second-half and went with two holding midfield players, albeit Bash did help and support the front players a little bit more than he has done in recent weeks. We pushed our full-backs a little bit high and wide and that just gave us a few more options, allowing the wide players to come off the line and join in with Kev and Wes. It worked out well for us."
The one disappointing aspect of the game was that the players once again had to come from behind to get something, with the first Watford goal the most concerning.
"That's the biggest challenge that we need to sort out very, very quickly. It's one thing to lose a goal but it's the manner that you lose a goal. We spent all week defending counter attacks because we knew that's how Watford play, they defend to counter.
"The second-half performance was probably as good as what I've been involved in, in terms of teams over the last 12 months or so. It's just a pity we didn't start the game that way," he added.
The Seasiders will now have a couple of days to recover before taking to the field again against Birmingham City on Tuesday night.


JoSun (red speedos) is a college student from Hong Kong training to be an ultimate fighter. He was introduced to Movimus by Greg Conlon and he immediately asked for a match with Swage (blue speedos) after seeing a couple of his other matches. The size and weight difference didn't seem to phase JoSun at all. He was ready and in shape. Swage is as obnoxious as ever. He's been doing a lot of wrestling lately, mostly with older, more experienced guys, and his confidence is high.
But JoSun is ready to give him a lesson. This is a super brawl, not too much respect for the rules. Choke holds, arm bars, real submission fighting. JoSun wanted to workout hard against Swage, and Swage was up for it. Swage is used to wrestling bigger guys and thought this smaller guy was going to be "easy" - Man was he wrong. Swage had one "hell" of a fight on his hands. Those of you who like it rough and hard, this is your match.
Swage fans (especially those of you that liked the Swage - Bradford match on Wanna Wrestle 3) will love this one. Swage gets pounded by the smaller, younger student from Hong Kong - and Swage doesn't like it. They shake hands at the end and call the whole thing a "draw" - but somehow we didn't think that Swage was going to let this one rest. Watch for these two athletes again going at it !


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The Road: A Story of Life & Death
Outside the Court / The Road • 1h 15m
Dir. Marc Isaacs - 75min - 2012 - UK
On the oldest Roman road in the capital, Filmmaker Marc Isaacs weaves together numerous poignant stories of loss and the search for belonging into a tapestry of the human experience. Keelta a young Irish woman leaves home to build a new life for herself on the road where Billy, the old Irish labourer is struggling to find a meaning to his life. Peggy, a 95 year old Jewish refugee from Vienna and Brigitte, a German born former air hostess, have both suffered bad husbands, whilst Iqbal, an unassuming Indian hotel concierge, awaits the arrival of his wife from Kashmir. A film that forces you to recognise the struggles and preoccupations of its characters as our own.
"compassionate and profoundly moving...a quietly remarkable little film that speaks eloquently about Britain and its constant evolution." - The Times


Specific ROM dumps can be hard to come by, and compiling makes it easy to choose (and stick with) a given MAME release best suited to your available ROMs. With a PPA, you typically get what it gives you.
We can tweak the source for nice things like hiscore saving support if we wish, and we do indeed wish that.
Compiling is actually really quick and easy, once you know which dependencies you need and what to do (hence this post).
When installing, I selected the options "Download updates while installing Ubuntu" and "Install third party software".
I created a user "emulation" with a password, but selected auto-signing in; I'll eventually be using this build in a cabinet and this will be a good enough starting point for later properly spawning a front-end automatically upon boot.
I'm using MAME 0.172 which was recently released. Download it as a .zip from GitHub and unpack it.
Although hiscore support is coming back to MAME via lua script, at this time the best method is still to apply MKChamp's patch, found at the BYOAC forum where it has been maintained for years. This also gives us the bypass for typing "ok" or waggling a stick each time a new game is started, and seeing useless loading messages.
At the time of writing, the correct hiscore.dat file that tells MAME how to handle high scores arrives inside a .zip that contains three files available from mameworld.info.
You also need to make a hi directory for the high scores to be saved into.
With hiscore saving support for old games, not only does it become possible to retain high score tables in the long term, it's pretty easy to share your hiscores across other machines, and with other people too. By saving the hi directory in something like Dropbox, and sharing that folder with your friends, they can point their MAME installs to the same location and try and beat your scores.
…and use as many cores as your system has, while you go and prepare yourself a beverage. For more background to this, see the MAME documentation on compiling.
Once that completes you should have a mame or mame64 binary ready to run.
At first, though, it's going to look pretty terrible.
The first thing that you could do would be to add "prescale 3" to the config. This can go in mame.ini, or be invoked like ./mame64 -prescale 3 <game> on the command line. That sharpens things up considerably.
In the olden days, when using a non-interlaced screen such as an LCD, we could achieve a pretty decent scanlines effect without much fuss by the old scanlines.png file that used to be distributed with MAME.
...however it seems the world has moved on quite a bit since I last built a cabinet (circa MAME 0.127) and now it's all done in a much better way with shaders. On Windows, these use HLSL but here on Linux, it's handled using GLSL.
A frequently-referenced and easy-to-follow page on the WWW for installing these shaders is at mameau.com, which also delivers some useful needed files in a tar.gz.
This one command will write you a mame.ini config file that uses opengl so the shaders will work, and sets up that file to take advantage of the shaders.
I found I preferred to further adjust the shader parameters. These suit me, your mileage may vary.
The tilt doesn't convert well to vertical games, when playing on a fixed-monitor (mame.ini rotate 1, or default behaviour for a computer screen), so I just don't tilt at all.
ROM files for various arcade hardware systems and games are readily available from your own physical supply of arcade cabinets and associated dumping equipment. For other suggested methods, see MAME's documentation.
I'm going to assume you have your own source of ROMs compatible with MAME 0.172, and you can install them where MAME can see them (in the roms subdirectory, by default).
If not, you can grab some ROMS which have been released for free, non-commercial use.
You may omit the ROM name and head straight into MAME's own basic front end UI.
Make sure you grab whatever MAME artwork you need as well, from great sites like progetto-SNAPS as well as various convenient torrents. The bezels are great to have for vertical games played with a horizontal monitor, and overlays make a world of difference to some very early games that relied on them to give games colour.
Coming soon: Setting up Attract Mode as a cabinet-friendly front end.


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Simple and effortless are what you need this year, especially when it comes to dinner. Nix complicated recipes and go for easy. That means choosing meals with as few ingredients as possible to shave precious kitchen prep time. Say goodbye to your frazzled self, and marvel in the ease of a simple three-ingredient recipe. Seriously, it will change your life. You may even have time to organize your closet, or sit and read a book. From frozen ravioli lasagna to incredible spicy brie chicken, we've got the most amazing three-ingredient recipes you'll ever cook up. Transform your menu and your life with these delicious three-ingredient recipes!
There are so many things to love about this delicious and easy dinner! It cooks up in the crockpot, saving you time on meal prep, and has just 3 ingredients. Bubbly cheese and zesty salsa dress up plain chicken for this amazing dinner. Find this yummy recipe at JO COOKS.
Need a weeknight meal that takes little effort but tastes great? This 3 ingredient flatbread pizza is the recipe for you! It's made with alfredo sauce and cheese for a quick and easy dinner the whole family will love. Head to MAMA LOVES FOOD for this super easy recipe.
Feed your family on a chilly night with a warm and filling lasagna. Skip the complicated, time-consuming steps that traditional lasagna calls for and use this super easy recipe with frozen ravioli. This dinner is right on the mark for taste and convenience! Get instructions at CINNAMON SPICE AND EVERYTHING NICE.
Let your slow cooker do the work with this tasty ranch chicken and potatoes dinner. Perfect for a busy weeknight, you'll have a flavorful meal that cooks while you're working, running errands, or shuttling your kids to after-school activities. Find this tasty recipe at LIVING ON A DIME.
Build on 3 basic ingredients for a tasty chili that satisfies the whole family. Dish out bowls of this hearty and delicious chili and serve with your favorite toppings. Head to I HEART NAPTIME for this simple and delicious recipe.
Three simple ingredients will get you an impressive, flavorful meal that's unbelievably easy to make! Make these 3 ingredient baked ham and cheese roll ups and look like you've spent hours it the kitchen- no one will know your secret! Get this recipe from THE COMFORT OF COOKING.
Craft a delicious casserole that's bubbling with flavor. This chicken and broccoli bake is surprisingly easy to make with just three basic ingredients. Put this on your menu tonight! Get instructions for this yummy casserole from LIFE IN THE LOFTHOUSE.
Need a quick fix and no fuss meal in a pinch? 3 Ingredient Crockpot Lasagna is about as easy as it gets and is a meal the whole family will love! Find this recipe at CROCKPOT GOURMET.
Prepare a restaurant quality meal in a few simple steps with this 3 ingredient balsamic chicken. Turn on your slow cooker in the morning and come home to a fragrant, delicious meal that just needs to be ladled up and served! Find out how to make this delicious chicken at SKINNY MS.
Don't wait on the deliveryman when you can have pizza in minutes! These 3 ingredient pizza rolls are perfect when your patience is short and you need a quick fix for hunger. Get this easy recipe from MOMMY SAVERS.
When life is busy, why not make dinner simple? This spicy brie chicken is easy to make and totally delicious! Head to BABBLE for this amazingly simple recipe.


text:
Public Learns about Aphasia through Rep. Gabby Giffords' Recovery
Little-known disorder affects 2 million people in U.S. Founder of 15-year old Aphasia Center of California urges more public education
OAKLAND, CA — More than 2 million people in the United States are affected by aphasia, more than muscular dystrophy or multiple sclerosis, yet few people ever heard about this language-impairment disorder. Until, that is, U.S. Representative Gabrielle Giffords survived a gunshot wound to the head and is now appearing in public as she recovers from the tragedy. She has aphasia.
Giffords has spent months in a rehabilitation facility in Houston, Texas, where she recovered some of her ability to speak, walk, read and write. She continues to receive speech therapy along with music, physical, and occupational therapy. When Giffords is spoken to, she replies mostly with one-word greetings and responses.
While the media coverage about her recovery has described her condition as "aphasia" it is a little-known disorder to most of the U.S. population. Aphasia (pronounced uh-fay-zhuh), is a loss or reduction of language following brain damage, typically as a result of a stroke, or an injury or trauma to the brain. Although intelligence remains intact, those affected by aphasia experience difficulty with speaking, understanding, reading, and/or writing.
"It is our hope that through Gabby Giffords' courageous example, more people will learn about aphasia and its profound impact on individuals, their families, and friends," says Roberta J. Elman, Ph.D., founder/director of the Aphasia Center of California. "Often, doctors do not mention the word aphasia with their patients following a stroke or brain injury, and it can take months or even years for someone to find out about the help that is available to them. This is a needless delay."
Elman founded The Aphasia Center of California 15 years ago, as the first independent charitable organization in the United States dedicated to providing direct services to individuals with aphasia. Elman and her team of speech-language therapists pioneered innovative group communication therapies, now modeled at centers throughout the world.
"Today, the Aphasia Center of California provides cutting-edge treatment programs that offer a 'lifeline' for individuals, families, and caregivers affected by aphasia—creating a community of support and understanding—along with stories of success," says Elman. "We hope that Gabby Giffords' story will bring light to those still in the dark about aphasia. We are heartened that the media has begun using the word aphasia in their coverage of Giffords' recovery and hope this is the beginning of an ongoing public education about this disorder."
About the Aphasia Center of California
The mission of the Aphasia Center of California (ACC), a 501c3 organization, is to enhance communication skills, quality of life, and overall well-being for all those affected by aphasia following stroke or other brain injury. Services including speech-language treatment, caregiver groups, recreational classes, and communication training: http://www.aphasiacenter.org. For further information, call Dr. Roberta Elman at 510-336-0112.


Simulates a network of ordinary differential equations of order two. The package provides an easy interface to construct networks. In addition you are able to define different external triggers to manipulate the trajectory. The method is described by Surmann, Ligges, and Weihs (2014) <doi:10.1109/ENERGYCON.2014.6850482>.
Please use the canonical form https://CRAN.R-project.org/package=ODEnetwork to link to this page.


Pride London Festival was disappointed to hear about the London District Catholic School Board and Thames Valley District School Board's decision to pull their funding for Prom Queen: The Musical, the fall high school project at The Grand Theatre.
We hope that both school boards will reconsider this decision immediately and reinstate their financial support.
We are very pleased to see the overwhelming community support for the online fundraising campaign, which has far exceeded its $30,000 goal. Pride London Festival will be donating $500 toward the campaign and look forward to seeing this production in the fall.


text:
author: mark
date: 2016-04-22
title: Referenz • Funktionen I
layout: tutorial
type: tutorial
folder: referenz
uid: ref6
tags: [t_function]
next_tut: ref10
prev_tut: ref6
---

## Was ist eine Funktion?
Eine Funktion ist ein Block Code, der vom Haupt-Programm getrennt definiert wird. Die Funktion wird erst dann ausgeführt, wenn man sie über ihren Namen aufruft. Dafür kann man einen Funktion so oft mal will verwenden. Variablen, die innerhalb einer Funktion definiert sind, sind **nur** innerhalb der Funktion verwendbar!

## Eine einfache Funktion
Funktionen bestehen aus einem Block von eingerückten Code-Zeilen.
Diese werden erst ausgeführt, wenn die Funktion aufgerufen wird.

```python
# Neue Funktion mit dem Namen 'sageHallo' definieren
def sageHallo():
    print("Hallo Welt") # Einrückung!

# Funktion aufrufen (keine Einrückung)
sageHallo()
```

## Funktion mit Übergabeparametern
Funktion können Parameter (Variablen, die nur innerhalb der Funktion existieren) haben.
Die Werte für diese Variablen *müssen* beim Aufrufen mitübergeben werden.

```python
# Funktion definieren
def sageHallo(name, alter):
    print("Hallo", name)
    print("Du bist", alter, "Jahre alt")

# Funktion aufrufen
sageHallo("Mark", 22)
```
Die Funktion `sageHallo`hat zwei Parameter: `name` und `alter`.

## Funktion mit Rückgabewerten
Funktion können einen Wert zurückgeben, müssen aber nicht. Wenn nichts zurückgeben wird,
wird automatisch `None` zurückgeben.

```python
# Funktion definieren
def addiere(zahl1, zahl2):
    summe = zahl1 + zahl2
    return summe

# Funktion aufrufen
ergebnis = addiere(12, 22)
print(ergebnis)
```

redpajama_set_name: RedPajamaGithub