Some thoughts, articles and inspiring stories on finance, corporate governance, world economies, stock market, investments and relevant aspects !
Friday, May 1, 2009
Bill Gates Unplugged
Thursday, April 30, 2009
Take Investing Back to Basics
Tough times and volatile markets come and go, but solid investing principles are timeless. Good advice right now and in any market: go with S.I.M.P.L.E. investing:
Step back – Take a deep breath. Everyone knows that mattresses might seem like the safest spot for your money. But historically, the stock market has provided an opportunity for long-term returns.*
Investigate, then diversify – Take advantage of free research and investing tools instead of jumping on a hot tip or trying to act fast. Remember to balance your portfolio across investments.
Max out retirement vehicles – Take full advantage of any employer match for your 401(k). Otherwise, you leave money on the table. No 401(k) available? Grab the tax-deferred benefits of an IRA.
Pay yourself first – A cliché for sure, but not as easy as it sounds. Unless you have savings automatically deducted from your paycheck or bank account. It's like pre-paying bills in retirement. Talk to your employer's HR department.
Live like an investor – Adopt an investing way of life by committing to the long-term view. Your saving and investing habits can even set an example for the kids in your life.
Earn rewards – Set milestones and small rewards for yourself when you "earn" it on your smart financial plan.
Even if you only follow one or two of these tips, you'll be better off than you are today. So trust yourself. Then grit your teeth and get to it.Thursday, April 23, 2009
10 ways to find joy
1. Spend $20 on an experience rather than an item.
2. Pursue meaningful life goals
3. Be open and receptive to what's happening right now, in the moment.
4. Nurture meaningful relationships.
5. Recognize your strengths.
6. Count your blessings.
7. Keep an optimism journal.
8. Seek advice from your neighbor.
9. Get out and sweat.
10. Do unto others.
Thursday, April 16, 2009
Basics of Marketing your Startup
Are you an entrepreneur, you absolutely need to watch this one.
Saturday, April 11, 2009
Startups
Click here to read one hundred characteristics and attributes of people who start companies—some born of experience, education or birth. Most can be learned by study and practice.
Tuesday, April 7, 2009
Strategic Planning
Three tips for 2009
Be realistic about scenario planning
It’s necessary to develop plans on the assumption that several different futures are possible and to focus attention on the underlying drivers of uncertainty.
Intensify monitoring
Since the effectiveness of such a strategy depends on an organization’s ability to adjust rapidly as the fog starts to lift, managers must identify and intensively monitor key indicators suggesting which scenario might unfold.
Look beyond the crisis
Strategic planning: Three tips for 2009
Even in these tumultuous times, strategic planning doesn’t have to be an exercise in anxiety—or futility.
Read the entire article on Strategic planning: Three tips for 2009 by Renée Dye, Olivier Sibony, and S. Patrick Viguerie in the The McKinsey Quarterly, the business journal of McKinsey & Company.
Friday, April 3, 2009
Got a great idea?
Phase One Establish a Company
Step 1. Stress-Test Your Big Idea
Step 2. Build Your Founding Team
Step 3. Draft a Business Plan
Step 4. Play the Name Game
Step 5. Incorporate Thyself
Phase Two Prototype the Product
Step 1. Stake Out Intellectual Property
Step 2. Create an Advisory Board
Step 3. Build Your Prototype
Phase Three Develop the Beta Product
Step 1. Start Staffing Up
Step 2. Assemble Your Back Office
Step 3. Launch Your Beta Test
Step 4. Revisit the Business Plan
Phase Four Launch the Product
Step 1. Build a New Board of Directors
Step 2. Develop the Sales and Marketing Plan
Step 3. Open an Office
Step 4. Hit the Market
Read the entire article by Michael V. Copeland and Om Malik on Cnn Money.