There are many ways of acquiring a business. The most common ways include inheritance, starting a business from scratch, franchising and buying an existing business. Each of these has their own merits and demerits, for example, when starting a business from scratch, the chances of failure are considerably high. The individual may lack even basic management skills to run the business successfully. Some people become impatient and abandon their businesses for other economic activities which they believe are more profitable. Starting a business from scratch requires careful considerations on the potential risks to determine the ones that pose a good opportunity. Inheriting businesses mostly applies to the individuals raised in wealthy backgrounds.
Vinod Gupta is a living inspiration to many people who come from come from poor family backgrounds and look forward to financial freedom. Vinod Gupta is the Chairman of Everest Group LLC in Omaha, Nebraska. He was the founder, chairman and chief executive officer of InfoGroup, a technology company and started the Vinod Gupta Charitable Foundation.
One of the main causes of business failure today is lack of adequate and affordable financing. Many young entrepreneurs shy away from starting businesses due to the fear that they may be unable to repay loans. However, Vinod Gupta encourages them to take risks as this could end up being their big break. In some countries, the interest rates discourage borrowing by small-scale entrepreneurs. According to a research, a majority of young entrepreneurs also lack collateral needed to borrow funds. See This Page for related information.
Vinod Gupta obtained his higher education from a recognized institution where he specialized in business administration. The skills have been instrumental in Vinod Gupta’s businesses, his patience in his work has seen him rise to be a prominent businessman. Young entrepreneurs should learn from this, most of them expect their plans to work within the shortest time, failure to which they give up. He acknowledges that he learned a lot from the places he worked, the skills have enabled to understand the various business dynamics. (Read more about Vinod Gupta on Vinod Gupta: Indian-born American Businessman, Investor, and Philanthropist).
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The state of the economy is something that a lot of people want answers on. We all often hear pundits talk about this aspect or that related to the economy. However, few of us understand fully what those people are talking about until we have it explained in plain English. That is what Shervin Pishevar did recently so beautifully on his Twitter account.
Shervin Pishevar went through fifty tweets explaining his thoughts on a variety of issues that have been impacting the world as of late. He talked about how Bitcoin and the stock market are both overpriced in his view. He also said that he thinks that inflation is going to make a comeback in the United States.
The reason to listen to what Shervin Pishevar has to say in the first place has everything to do with the fact that he was an early investor in Uber and AirBnb. He has proven through those early investments that he is the kind of person who knows a thing or two about how to invest money. He knows how to make solid predictions and stick by them. He also was kind enough to provide all of his interesting insights about the market and the world as a whole for free to those who follow his Twitter account.
The idea that the Dow Jones Industrial Average may fall by as much as six-thousand points is a lot for some people to wrap their head around. Get used to it says Shervin Pishevar. Shervin believes that this is exactly the kind of area that the market is going to see. He also thinks that avoiding talking about this is a risky move. Just because the market is on a sugar rush right now does not mean that it will last forever. Prepare yourself for the inevitable crash says Shervin Pishevar.
Although the tweets were controversial in certain circles, the man sticks by what he has said. Considering his track record of success in the past, there are a lot of good reasons to give this guy a look over before making any investment decisions.
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Eli Gershkovitch has transformed Steamworks craft breweries to start holding up to 754 seats. The pub was founded in 1995 in Gastown. It aimed at changing the brewery practices of the town. The new brewing methods attracted many including people from other regions. Steamworks has established several bar services and restaurants in Vancouver to serve craft beers. The units have increased products stocked and sold at Steamworks. Its expansion and reinvestment developed the Canadian craft beer domain.
To Eli Gershkovitch, founder of Steamworks, the pub was more than a bar to him. The plant was a project that he used to show his creativity and innovativeness. Gershkovitch has controlled the facility through harsh market conditions. He turns down the offer from investors who wish to participate in running the entity.
About Eli Gershkovitch
Eli Gershkovitch enrolled for a law course in his undergraduate level. After graduating, he took a different career path and joined université de ski Grenoble for art classes. During his part-time, Eli attended French Alps lessons. He made a broad step to change his course from law to a practical one. Gershkovitch exposure to Belgian beer contributed to him opening a microbrewery in Germany.
He uses law principles to interpret business laws and legal framework governing brewing activities. He also benefits from his knowledge, as he understands the appropriate way to apply for liquor licenses and operational permits (http://www.steamworks.com/brewery). He continues to make use of the legal principles that he has mastered to enjoy financial freedom, credibility, confidence, and contacts. His desire and passion of inventing tangible items led to professional shift.
Eli Gershkovitch remodeled Steamworks building to accommodate the Ralph Lauren store and nautical store. The surrounding persons did not trust his plan of changing the normal brewing process. The talented inventor started making beer inside the bar with customers watching. Gastown officials were against the move as the land is residential. The former law student compiled a community poll for the authorities to allow him to continue with his practices. Soren Rasmussen collaborated with Eli Gershkovitch for a retrofit.
Gershkovitch launched the first bottled beer for Steamworks. The product was used across the region as it met with user taste. The Steamworks pilsner won the British Columbia Beer Awards and was among the best in Northwest Brewing News readers. The drink indicated his objective in inventing something new.
More about Eli Gershkovitch on Crunchbase