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Mostrando entradas de septiembre, 2020

Investor Profile part.2

Liquidity: In this case you need to know how fast you need to convert your investment into cash. A highly liquid investment means that you can get your money at any time. In a low liquidity investment, it can take time to find a buyer and complete the sale process. And, some other investments can be "illiquid", that is, you will not be able to obtain your resources until a certain date or specific event.   Return of investment: ROI is calculate  by subtracting the initial value of the investment  from the final value of the   investment which equals the net return , then dividing this new number (the net return ) by the cost of the investment , and, finally, multiplying it by 100.   Diversification: Is the best way to reduce investment risk. Diversifying means "not putting all your eggs in the same basket." Imagine that you have € 10,000 to invest and you use it all to buy shares in a single company.   Also you have to know: 1. Investment horizon. ...

Investor Profile

What is an Investor Profile?   The profile of an investor is defined by the relationship between the risks they are willing to take and the returns they expect to obtain.   It is the set of personal and financial characteristics that define the way in which the money will be invested. Knowing these characteristics well is decisive when hiring the most suitable products for each person.   Scalability: • It must be feasible: The market must be clear, defined and accessible. There must be a competitive advantage, or at least, the bases to create it. The team must be created (hired) and must be balanced. It must be the right time to launch the project.   It must be invertible: There is potential for an exit (sale of the company or distribution of dividends, generally the first option). The business model must be scalable. And here the party begins, in scalability. It is a key criterion for many investors, although it does not necessarily have to be for entrepreneurs. ...

Marketing Mix part.2

 Marketing Mix. Is the combination of the minimum variables necessary to be able to develop efficient and effective strategies for the selected market. It is composed of 4 aspects. Refers to the set of actions, or tactics, that a company uses to promote its brand or product in the market. The 4Ps make up a typical marketing mix: Price, Product, Promotion and Place.  Product:  Refers to the item actually being sold. The product must deliver a minimum level of performance; otherwise even the best work on the other elements of the marketing mix won't do any good. It is related to the guarantees and the expectation that the client has. It involves the goods or services that aims to meet the needs of our client. Place:  Refers to the point of sale. In every industry, catching the eye of the consumer and making it easy for her to buy it is the main aim of a good distribution or 'place' strategy. Retailers pay a premium for the right location. In fact, the mantra of a succe...

Marketing Mix

 This are somethings that you have to know about marketing. Swot analysis: When the marketing department or in any particular area of a company requires generating changes or developing strategies, a situation analysis is recommended as a basis. It allows identifying various aspects that should be considered before making changes in the organization. Consider 4 important criteria: Internal  External  Control  Non-controllable factors  This are 4 swot analysis: Strength:  Qualities that separate you from competitors. Tangible asset such as intellectual property, capital, proprietary technologies, etc. Things your company does well. Examples: Standardized processes, use technology, have a diversity of branches, among others. Weaknesses: Things your company lacks. Resources limitations.  Things your competitors do better than you. Unclear unique selling proposition. Examples: little time in the market, they do not have certification, among others. Opportu...

Basic Administrative Functions.

I am going to talk about two basic administrative functions. This two process are the firts one in the administrative functions, the other two are leading and controlling.   What is administrative functions? It is the activity that normally corresponds to the executive power, it is carried out under the legal order and limits its effects to concrete or particular legal acts and to material acts, which are intended to provide a service. This process helps us if you have a business or company, it is essential to be able to continue your business successfully.   First one we are going to talk about planning. What is planning?   The administration serves so that the other three (organization, coordination and control) can function, it proposes objectives and tells you how to achieve them.   Considers the organization's goals and the way we will achieve them.  Three reasons why managers tend to plan:  Establish the general objectives and consider the organizatio...

Themes...

 Management  What is management? Management is the process of guiding the development, maintenance, and allocation of resources to attain organizational goals. Managers are the people in the organization responsible for developing and carrying out this management process. Management is dynamic by nature and evolves to meet needs and constraints in the organization’s internal and external environments. In a global marketplace where the rate of change is rapidly increasing, flexibility and adaptability are crucial to the managerial process. This process is based in four key functional areas of the organization: planning, organizing, leading, and controlling. Although these activities are discussed separately in the chapter, they actually form a tightly integrated cycle of thoughts and actions. FUNCTIONAL MANAGEMENT Functional management is focused on the execution of a specific organizational task within functional areas, through organizing and leading an organization’s talent i...

Lidership.

Do you consider yourself a boss or a leader?   What is a boss? A boss is the person who is in charge of sending the other people who work with or for him. It is like a monarchy, the boss is "the king", he is in charge of sending his "subordinates" who have been the employees.   What is a leader? A leader is a person who strives to work well with his team, motivates you and encourages you to be better and work better, all the effort of a good leader is reflected in a good job without seeing any annoyance from any member of the team, a leader does not necessarily have to be someone of a higher position.   What is the difference between a leader and a boss? A leader is that person who strives and motivates other people to express their ideas for a greater good, a boss uses his power to impose the rules and make him believe better without needing the authorization of his employees.   What are the types of leaders?   Autocratic: type of leadership in which the decisi...

Business!

Do you have a business? It is incredible that you start your business, you are entering the life of entrepreneurs. For your business you need to understand how a company is run, how to deal with and live with the people around you. In your business you have many activities to do but one of the most essential are the purchases of your product, the storage of your product, the resources you use to monitor your product and finally the activities where you solve or improve certain parts of your business, without this your business could fail. Due to the pandemic, many businesses have been failing and if you still don't have one, let me give you some advice: Try to do something that appeals to you enough to not give yo up, it is important to leave your mark, if you do something that many people already do, try to do something different with it, that your product stands out among the others, that makes it unique among the other products. What do you need to open your business? I got the ...