Thursday, October 20, 2016
Tuesday, October 18, 2016
Monday, October 17, 2016
Sunday, October 16, 2016
Use your board of directors to anticipate problems. Don't wait until the fire starts to look for the exit doors!A good board makes the discussion about where you are going as a company richer and deeper.
Mickey had inherited a healthy family business from his dad. The business made money every year but Mickey found himself with a collection of assets, not all of which were being maximized, because he constantly distracted, dealing with issues across the portfolio. He spent too much time putting out fires rather than designing a sprinkler system. The assets were across half a dozen industries that weren't necessarily related and each had their own unique set of issues. He needed clarity.
Saturday, October 15, 2016
Friday, October 14, 2016
Thursday, October 13, 2016
Wednesday, October 12, 2016
Tuesday, October 11, 2016
Monday, October 10, 2016
Sunday, October 9, 2016
Saturday, October 8, 2016
Friday, October 7, 2016
Thursday, October 6, 2016
Wednesday, October 5, 2016
Tuesday, October 4, 2016
Monday, October 3, 2016
Sunday, October 2, 2016
Saturday, October 1, 2016
Friday, September 30, 2016
Thursday, September 29, 2016
Wednesday, September 28, 2016
Tuesday, September 27, 2016
Monday, September 26, 2016
Sunday, September 25, 2016
But the Bank for International Settlements (BIS) hasn't.
In a recent report, the Swiss-based institution pointed to the rapid rise of China's credit-to-GDP ratio, which now stands at 30.1, three times the threshold of 10 that indicates an impending financial crisis.
To be fair, China isn't the only country with high credit-to GDP ratio. So does Japan, the UK, and the Eurozone.
The trouble is that China's debt is a routine political process. China's credit is extended from state-owned banks to state and province-owned corporations. By contrast, the situation is a credit risk management problem in the UK, Japan, and most of the Eurozone. Additionally, some of China's state owned enterprises, which receive the loans, are stockholders of the state banks that provide them.
That's why nobody really knows what the size of China's debt-to-GDP ratio is.
Compounding the problem, parallel government ownership of both creditors and borrowers concentrates and magnifies rather than disperses and diffuses credit risk, leaving the Chinese economy vulnerable to a systemic collapse -- as the Greek crisis so colorfully illustrated.
Worse, parallel government ownership of lending and borrowing institutions complicates creditor bailouts. The reason why the “haircut” of Greek debt had such a pervasive impact on the Greek economy was that government-controlled banks and pension funds were the creditors of the general government and government-owned enterprises. So the haircut shifted losses from one government branch to another.
The situation is even more serious in China, where the outright simultaneous government ownership of banks, pension funds, and common corporations has yielded an odd state in which both the creditor and the borrower are government branches.
Government-owned banks lend money directly to government-owned corporations -- which usually function as welfare agencies -- and to land developers, who are behind the country's “investment” bubble, one of the engines of the Chinese economy.
Could you imagine what would happen to financial markets if China suffers a Greek-style crisis, one day?
That could, perhaps, explain investor skepticism over Chinese equities, which have been underperforming the neighboring market of India in the last year.
Saturday, September 24, 2016
Friday, September 23, 2016
Thursday, September 22, 2016
Wednesday, September 21, 2016
In the last twelve months, Global X MSCI MSCI +% Pakistan ETF has been 20%, while India's has been up close to 13%--see table.
The trouble with frontier and emerging market opportunities is that the potential for further gains is tamed, once they are discovered by foreign investors.
Besides, emerging markets suffer big setbacks as crony capitalism catches up with economic growth. Sometimes these setbacks can last decades, and even reverse the progress the country has made towards development (how many times have Mexico and Brazil have been “emerging?”).
That's why investors should look for new investment opportunities in emerging markets that have yet to be discovered by foreign investors -- like Myanmar.
Tuesday, September 20, 2016
Monday, September 19, 2016
Sunday, September 18, 2016
Markets have taken notice, with iShares S&P India lagging behind the equity market of neighboring Pakistan.
The root cause India's lagging behind other emerging economies is the country's economic model-A Semi-Soviet, semi-Latin model that is backwards – it applies markets and governments in areas of the economy where each institution fails rather than excels.
This has resulted in a large and corrupt government that lacks the resources to execute its multiple roles in the economy.
Saturday, September 17, 2016
Friday, September 16, 2016
Thursday, September 15, 2016
Wednesday, September 14, 2016
Tuesday, September 13, 2016
Monday, September 12, 2016
Sunday, September 11, 2016
Saturday, September 10, 2016
Friday, September 9, 2016
One conference you shouldn't miss this year is NextCon. NextCon16 is bringing together a range of energetic and inspiring speakers. Some of the biggest names speaking this year are Steve Wozniak, the co-founder of Apple, and tech superstar Guy Kawasaki.
Every smart entrepreneur acknowledges they don't know it all. In fact, 85% of startups fail because of overconfidence. You need to keep learning to grow, and there's no better way than from some of the biggest names in business. You'll look at challenges and obstacles in a completely different way.
What is NextCon?
This is a conference for entrepreneurs, small business owners, tech professionals, and everyone in between. The whole goal of the conference is to teach you how to run a business and how to make sure it turns a profit. The conference takes place in Scottsdale, Arizona from November 14th through November 16th and is hosted by Nextiva, a unified cloud communications company.
Attendees get exclusive access to some of the most well-known names in the tech industry who are doing unique and creative you can implement in your business.
Identifying Areas for Growth
Growth is ultimately what your business is all about. You need to make sure that you're growing your business, as well as growing as a person. Professional growth requires you to take an honest look at what you're doing and compare it to what others are doing.
Thursday, September 8, 2016
Wednesday, September 7, 2016
In a recent statement, following the Tokyo International Conference on African Development (TICAD) held in Kenya, the Chinese Ministry of Foreign Affairs accused Japan of “attempting to impose its will on African countries to gain selfish interests and drive a wedge between China and African countries.”
In essence, China is telling Japan to stay off Africa, its “second continent” (to use Howard W. French's term).
China's and Japan's race to expand their presence in Africa is good news for investors, as it will help Africa's frontier economies like Nigeria and Kenya catch up with emerging markets of Asia and Latin America in a globalizing world.
Africa's Frontier Economies
Tuesday, September 6, 2016
Monday, September 5, 2016
Sunday, September 4, 2016
Saturday, September 3, 2016
Friday, September 2, 2016
Thursday, September 1, 2016
Wednesday, August 31, 2016
Tuesday, August 30, 2016
Monday, August 29, 2016
Sunday, August 28, 2016
Saturday, August 27, 2016
Friday, August 26, 2016
Thursday, August 25, 2016
Wednesday, August 24, 2016
Tuesday, August 23, 2016
Monday, August 22, 2016
Sunday, August 21, 2016
Saturday, August 20, 2016
Friday, August 19, 2016
Thursday, August 18, 2016
Wednesday, August 17, 2016
Tuesday, August 16, 2016
Monday, August 15, 2016
Sunday, August 14, 2016
Saturday, August 13, 2016
Friday, August 12, 2016
Thursday, August 11, 2016
Wednesday, August 10, 2016
Tuesday, August 9, 2016
Sunday, August 7, 2016
Saturday, August 6, 2016
Friday, August 5, 2016
In June 2006 petitioner accepted a position as senior assistant controller for the Marriott hotel in Los Angeles International Airport (Marriott LAX). In his role as senior assistant controller, petitioner was responsible for managing a team of employees, reviewing employee performances annually, participating in hiring activities, and training employees. Petitioner's duties included preparing financial reports, creating budgets, analyzing financial data, producing forecasts to enable reaction to business changes, and monitoring different departments' performances. Additionally, petitioner conducted audits, prepared an accounting of taxes, prepared financial reports according to generally accepted accounting principles (GAAP), enforced internal controls, reconciled balance sheets, and ensured compliance with reporting requirements.
Thursday, August 4, 2016
Wednesday, August 3, 2016
Tuesday, August 2, 2016
Monday, August 1, 2016
Last year, Sindyanna of Galilee, a nonprofit venture run by Arab and Israeli women in northern Israel, sold $1 million worth of olive oil and other products, to support their social and educational projects for Arab women and promote peace. Now, they're making their big push to expand in the U.S. market.
Sunday, July 31, 2016
Saturday, July 30, 2016
Friday, July 29, 2016
Thursday, July 28, 2016
Wednesday, July 27, 2016
Tuesday, July 26, 2016
Monday, July 25, 2016
Sunday, July 24, 2016
Saturday, July 23, 2016
Friday, July 22, 2016
This Week In Credit Card News: More Americans Now Paying Off Card Balances, Cici's Pizza Data Breach
Thursday, July 21, 2016
Wednesday, July 20, 2016
Tuesday, July 19, 2016
Monday, July 18, 2016
Sunday, July 17, 2016
Saturday, July 16, 2016
Friday, July 15, 2016
Thursday, July 14, 2016
Wednesday, July 13, 2016
Tuesday, July 12, 2016
Monday, July 11, 2016
Sunday, July 10, 2016
Saturday, July 9, 2016
Friday, July 8, 2016
Thursday, July 7, 2016
Wednesday, July 6, 2016
Tuesday, July 5, 2016
Monday, July 4, 2016
Tuesday, June 28, 2016
Monday, June 27, 2016
Sunday, June 26, 2016
Saturday, June 25, 2016
Wednesday, June 22, 2016
Tuesday, June 21, 2016
Monday, June 20, 2016
Sunday, June 19, 2016
Iran is getting ready to place an order with Boeing for 100 planes, as Iran opens up its markets to US aircrafts for first time in decades.
If approved by the US government, the deal will be a big deal for Boeing, as it tries to catch up with European rival Airbus, which has already landed similar deals with Iran.
Wall Street cheered the prospect, sending Boeing's shares higher, when the news broke last Tuesday.
Saturday, June 18, 2016
Friday, June 17, 2016
Thursday, June 16, 2016
Wednesday, June 15, 2016
Tuesday, June 14, 2016
Monday, June 13, 2016
Sunday, June 12, 2016
Saturday, June 11, 2016
Friday, June 10, 2016
Pamela and Jeff also share their theories on “creative borrowing” and how choosing between the two main structures most nonfiction books follow can help you create a better, more cohesive presentation.
And as always, be sure to check out the other fascinating episodes that aired this past week on Rainmaker FM.
- Zero to Book. Jeff Goins and Pamela Wilson share their thoughts on the world of nonfiction writing: A Theory of the Universe of Nonfiction Books (and the Art of Creative Theft)
- The Writer Files. Kelton Reid interviews New York Times bestselling author of The Nest, Cynthia D'Aprix Sweeney: How Bestselling Debut Novelist Cynthia D'Aprix Sweeney Writes: Part One
- The Digital Entrepreneur. Brian Clark is going to start publishing articles on a site other than his own. Find out where: Brian Clark is Doing … What?
- Elsewhere. Brian Clark joins Travis Jenkins on The Entrepreneur's Radio Show to explore the factors that make Rainmaker Digital so successful: Brian Clark on The Entrepreneur's Radio Show
- Confessions of a Pink-haired Marketer. Sonia Simone is going to be featured in a new documentary. Find out the details and more: Up All Night to Get Lucky: Sonia's in a New Documentary!
- The Missing Link. Jabez LeBret and Mica Gadhia discuss how to find vendors on LinkedIn and the best ways for others to find your business: LinkedIn and Vendors: Everything You Need to Know
- The Showrunner. Jerod Morris and Jon Nastor dive into the thought processes behind what they share on their podcasts and what they filter out: Beware: Authenticity Is Not Transparency
- Youpreneur. Chris Guillebeau joins Chris Ducker to talk about his latest book and why he wrote it after hearing from so many of his rabid fans that they had “won the career lottery”: How to Discover if You Were 'Born For This,' with Chris Guillebeau
- Copyblogger FM. Sonia Simone chats with Linda Formichelli about her new book and how it can help all of us fit a lot more great stuff into our lives: Self-Publishing, Side Hustles, and Doing It All: A Conversation with Linda Formichelli
- Unemployable. Brian Clark welcomes John Unger to the show to discuss the power of the perpetual side hustle: The Economics of Artistic Integrity
And, one more thing …
If you want to get Rainmaker Rewind sent straight to your favorite podcast player, subscribe right here on Rainmaker FM.
The post Rainmaker Rewind: A Theory of the Universe of Nonfiction Books (and the Art of Creative Theft) appeared first on Copyblogger.
I've noticed that there's something that scares most marketers.
We love our data.
Most marketers find it fun to review their traffic, engagement, and subscriber numbers. It allows them to test new things and measure their effect.
Data is logical.
But when it comes to content marketing, there's a component that doesn't always seem logical: storytelling.
I'm not talking about writing a fiction novel. I am talking about having the ability to write about even the most boring topics in a fun-to-read way.
It's something that many marketers, even good ones, struggle to do.
Do you also have trouble with this part of creating content?
I see you nodding.
I'll be honest: that's a problem. If you can't write persuasively, you'll struggle to get subscribers, traffic, etc.
The good news is that it's a skill that can be improved.
And if do it well, you can create content that sparks conversations across your niche. You'll find that dozens of blogs start mentioning and linking to your content with very little effort on your part.
Although this skill might seem like something abstract and impossible to improve upon, it can be translated into a proven process that you can follow. This makes developing it a lot easier.
In this post, I'm going to show you that process, step by step.
If you implement it, your content should produce more traffic, referrals, backlinks, and subscribers.
Step 1: Identify and describe the problem (3 parts)
A story can be really interesting to you but completely uninteresting to someone else, depending on how it's told. That's because we care about different things and enjoy things in different ways.
When you're creating content, there are two places you can start:
- The problem (that you intend to solve for your readers)
- Your readers
Either can work, but starting with your readers is the most logical place to begin.
The more you understand your audience, the more you can tailor your content to them. Ideally, you want to be able to answer questions such as:
- What are their passions?
- What are their biggest problems?
- Whom do they care about most?
- What do they do for entertainment?