“I had a very positive experience with my mentor and I am truly grateful for the time, support, and guidance they provided throughout our sessions. From the very beginning, my mentor was extremely kind, approachable, and available, which made it easy to communicate openly, ask questions, and discuss both my goals and uncertainties about the next steps in my career.
One of the most valuable parts of the mentoring experience was the work we did together on my LinkedIn profile. We essentially rebuilt and improved it from scratch, carefully going through my previous experiences, skills, and achievements and discussing how to present them in a clearer and more effective way. My mentor helped me understand how important it is to have a strong and well-structured LinkedIn profile and how to use it to communicate my strengths, professional interests, and career goals. The feedback and practical suggestions I received were extremely useful, and I now feel much more confident about how I present myself professionally online.
Beyond my LinkedIn profile, I particularly appreciated the practical tips and honest advice my mentor shared with me about how to approach the next steps in my career. The guidance was not limited to improving my online presence, but also helped me think more strategically about where I want to go and how I can get there. I received valuable suggestions on how to position myself, what aspects of my profile to focus on, and how to approach future opportunities more effectively.
Another aspect I appreciated was my mentor’s willingness to listen and adapt the conversations to my specific needs. I never felt that the sessions were generic or simply followed a predefined structure. Instead, the discussions were tailored to my situation, which made the advice much more relevant and actionable. My mentor was patient when explaining things, encouraging when I had doubts, and constructive when pointing out areas where I could improve.
Overall, this mentoring experience gave me both practical tools and greater confidence in taking the next steps in my professional journey. I came away with a significantly improved LinkedIn profile, a clearer understanding of how to communicate my experience and strengths, and a better idea of how to approach my future career development.
I would definitely recommend this mentor to anyone looking for someone who is supportive, knowledgeable, and genuinely invested in helping others grow. Their kindness, availability, and practical approach made the experience extremely valuable, and I am very grateful for all the time and effort they dedicated to helping me.”
bump!
Have seen example of for example mining companies that have this sort of stakes in mines, where indeed it is considered core.
Personally I would value them separately (mining vs owning a mine -> different beta etc) and add your stake of the equity value (you do not consolidate the debt of the associate either) to your EV.
Alternatively you could include the expected dividends to your FCF in a DCF, but it's a bit shaky especially from a WACC point of view.
Thanks so much for the answer my friend!
Can someone please help understamd the accounting of associates?
Question is: I understand that 1) when I buy "associate" for $100 - I record minus 100 Cash and plus 100 Investments in Associates on the asset side of balance sheet. 2) when associate reports $500 net income and I hold 10% - then plus 50 to my Investments in Associates on the asset side and plus 50 to Investment Revenue on liability side?? I've never seen such a line (Investment Revenue ) in company's equity...but it's the only way to balance assets and liabilities+equity. Is it correct? Thanks!!!
Correct. To balance the increase of Associates on the asset side you add it to your equity on liability+equity side. It flows through the income statement - net income from associates typically is shown as a line after tax and before net income (not to tax it twice) and thus flows into the equity
Eos omnis perferendis harum sequi inventore. Nesciunt recusandae illum error.
Sequi temporibus ullam illum natus. Porro explicabo quia dolor. Dolores et optio laborum ipsum voluptas in. Delectus dignissimos fuga delectus eos.
Dolor qui architecto quo esse id sunt vel. Non dolorem id voluptas accusamus. Dolor dolores rerum accusamus accusantium.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...