Episode 30: EVA (Economic Value Added) Part 2

Welcome back to The IBC Guys Podcast!  

In this episode of The IBC Guys, Mike and Dave further discuss EVA - or Economic Value Added.  In Part 1, the guys worked to (1) define EVA and (2) provide insight into how IBC considers EVA while allowing one to still use someone else’s money.  EVA is a complicated issue but, at its heart, there is one question:  Has the earning potential been considered for the money you are saving or spending?

Also in this episode, Mike is looking for listener help in how to become a guy that collects shoes, Dave dresses in his Mike Stevens uniform, and the guys think they have a lot of time left when they don’t.  EVA is a great advocate for IBC - ensuring one’s money is working for them before using someone else’s money to take care of needs.

Key takeaway: Consider the money making potential of your capital before you save or spend.  Then remember, IBC allows one to do both!

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