With the absolute implosion of global financial markets, the investment world is learning that alternative investments need to be private. I don't think there has ever been a better illustration of a "pull down" effect within the last 70 years. It almost seems ridiculous to keep using the word "historic" as each day seems to be, or break a piece of financial history. Looking at the first half of 2008, we all sat back and said, " Wow, that was...more
Author: John DashfieldWhen you think about it, every single product and service begins its life as somebody's problem. We all have things in life that we'd rather pay somebody else to do, either because we simply don't want to do it or don't have the expertise. The reason we buy products is because they save us time, money, effort or enhance our lives in some way. How often are you innovating new products, services and ideas to help your clients?...more
This investment perspective comes straight from the rooms in banks that are filled with the proverbial bean counters known as underwriters that are making the lives of hard money lenders very easy and very profitable. It's clear that the banks are running out of money, good decisions and good excuses for denying loans to businesses, property investors, and individuals. It seems that we have reached the lunatic fringe in that even a person with AAA credit, great income, and a substantial net worth is not deemed as credit worthy. Realizing that banks are hoarding cash to try and make it through one, if not the worst financial crisis in US history, it now seems that the new paradigm in lending guidelines is that you must have more money sitting in a bank account than the amount you want to borrow. It is because of this that hard money lenders are being asked to step up to fill the vacuum created by the credit crisis. Hard money, aka private money or any financing that is an alternative from conventional bank financing, is quickly becoming one of the only funding sources to get deals done. Many Asset Based Lenders (ABL) in the form of ABL Funds are operating as hard money lenders, and...more
Howard Brodsky set out to conquer the carpet world. Dan Bleier just wanted to save his family-owned business. But both cherished their independent status in a retail chain, "big box" business world. Now, each realizes success through a purchasing cooperative.The pair spent almost eight months reviewing different business models, disqualifying one...more
Most IT jobs consist of doing work in a constantly reoccurring cycle: define, design, create, test, deploy, repeat. When we get our first IT job or when we jump onto a new program, this can all seem so very new and exciting. However, once we reach the fourth or fifth cycle, it all starts to see the same. We also start to ask the BIG question: why...more
Corporate frauds undermine organizational effectiveness. Understanding the root causes of corporate frauds and dealing with them is critical to advancing organizational effectiveness and corporate integrity. Understanding corporate frauds is more than skin deep. It's truly a matter of understanding the heart.The ScourgeFrauds and financial malpractices have become cankerworms globally. In the African region, where there is less than thorough statistical record, anecdotal reports indicate that a staggering amount of the equivalent of U.S. $1.75 million is lost yearly to corporate frauds, defined here as frauds committed against organizations. For example, in Nigeria the indication was that between 2003 and 2005, over N12 billion was lost through frauds and forgeries in the banking industry alone! That's a huge amount of money; more than the national budget of one or two of Nigeria's less endowed neighboring countries. Although such amount of money may be peanuts when compared to large scale corporate frauds in more developed economies, no organization can reach its potential or attain corporate excellence when paralyzed financially, and, particularly so, from within. The damaging...more
Magical but Simple Do-It-At-Home VirtuesMost of the "blockages" to success are originated in cosmic imbalance that slows down the process of attracting abundance or financial prosperity. Learn how to induce your own "Good Luck" combining two magical...more
Trading As A BusinessTrading in the financial markets, whether it be the Stock Market; the Commodities Market; the Futures Market; the Forex Market; or even the Options Market; is taking big risks on your hard-earned money.You have to treat trading...more
Are some customers better than others? Of course they are. So how do you attract the customers you want and deflect or discourage those who would do better elsewhere? First, know your customers. Which ones are making your business successful? Which...more
Credit cards are considered to overpass gap between requirements and contentment, disquiet for purchasing and smile for escalating capability of procure even with inadequate cash in hand. Since these synthetic cards came to market, they have allured...more
Many kinds of loans are available to the Non-Resident Purchasers in France. Some of them are: French Fixed Interest Rate Loans The interest rate is fixed at the starting of the loan for the duration of mortgage period of 5 to 25 years. The positive...more
Demand Planning is a dynamic process. The goal is to provide a realistic prediction of sales of the upcoming months enabling the supply chain to procure raw and packing materials that will produce the right mix of finished products, at the right...more