Waterbury Financial Strategies Inc CEO / Founder Rahim Thawer post this week “Global Recession: A Paradigm Shift?”
As we see challenges in the global economies, we must also simulate new models not only to get us through the survival mode but also to make our organizations stronger and more powerful than ever before. However, the question we must ask ourselves as the executives of our comprehensive domain, can we handle the growth? Are we ready for the paradigm shift?
With or without you, this shift is happening across various industries and sectors and it has never been as aggressive in the past. Paradigm shift is contributing and making its presence appreciative in the organizational structure of many creative companies and bring worlds together and making them smaller. It is now that we must embrace and accept it by formulating new strategies for not only growth but sustaining current state.
This recession brings abundance of opportunities for any business regardless of industry they are in. If you are an entrepreneur and can’t seem to find that gold nugget, I say you are not looking hard enough. You need to look harder and find the opportunity within your industry. We simply have to position ourselves to be on the receiving side and not on the giving side.
In the next few years will encounter a number of changes in the business world and many times these changes will affect us as well, but we have to be the judge of whether that impacts us in a positive manner and not negative. This shift needs to be initiated in every organization from the frontend such as business development and sales to the backend like the financials, etc.
My Thoughts: Create positive synergies amongst your partners and related industries; don’t wait for them to happen! Be creative and think logically before making a commitment, especially long term commitment. Are we ready for the Paradigm Shift? Or should I ask are you ready for the Shift?
Rahim Thawer /
CEO of Waterbury Financial Strategies Inc
http://www.waterburyfs.com
Showing posts with label entrepreneurs. Show all posts
Showing posts with label entrepreneurs. Show all posts
Monday, October 5, 2009
Monday, September 21, 2009
Entrepreneurs: US Dollar Analysis for your Business.
Waterbury Financial Strategies Inc CEO / Founder Rahim Thawer post this week “Entrepreneurs: US Dollar Analysis for your Business.”
Entrepreneurs, start your engines! The Goal is uncomplicated, make money during the recession. The US Government has two options to recoup the funds it has injected in the market, one being raising taxes which is very unlikely due to the state of the economy. Second, the most favored is inflating the US Dollar. Intelligence is a commodity in today’s market, which brings not only intangible value but also tangible and that is the very reason the term ‘insider’ is referred to at times.
Many times we have speculated and said ‘if I had only known.” Say for example, would you have bought Apple stock when it was trading for less than $5 dollars and at present at $184.00? My fellow entrepreneurs, you have access to that information at the current time, knowing that the US Dollar is going to be inflated and you need to capitalize on that whether it be investing in foreign currency or simply making wise decision in regards to future dealings.
One of the key obstacles many business owners will encounter is liquidity due to the banking regulations and lack of funds. Capitalizing on current state of economy does not necessarily require monetary resources but rather a right strategy with an impeccable conceptualization. What are you going to capitalize on? Your daily operations! They will need to be agile and flexible enough to wither the storm.
As a business owner you will need to factor in anticipated inflation or deflation in all the financial activities of the businesses as this is crucial to sustain not only your short term operations but also long term. You will need to convert your cash flow from constant to actual and apply appropriate formulas like use of discounting payment factors rather than compounding. Many businesses fail due to under capitalization but more so due to failing to understanding how critical it is to allocate appropriate resources for future use.
A simple way to understand this concept is to recall what a dollar used to buy over 10 years ago and what does it buy today. This concept of understanding inflation and devaluation of US Dollar is going to be one of the driving indicators of many businesses. This concept is more important than ever before especially for the manufacturing sector who exports their products since we are now dealing with foreign manufacturers who are exploiting on the fiasco caused by the US markets. So be very smart in your dealings.
My Thoughts: As an Entrepreneur, make sure to evaluate every revenue stream and apply appropriate inflation models on current and projected cash flows as well as on the outstanding debt. This concept can also be employed by investors and it is just as important as your ROI. So be wise and run a lean organization with strong future projections!
Rahim Thawer /
CEO of Waterbury Financial Strategies Inc
http://www.waterburyfs.com
Entrepreneurs, start your engines! The Goal is uncomplicated, make money during the recession. The US Government has two options to recoup the funds it has injected in the market, one being raising taxes which is very unlikely due to the state of the economy. Second, the most favored is inflating the US Dollar. Intelligence is a commodity in today’s market, which brings not only intangible value but also tangible and that is the very reason the term ‘insider’ is referred to at times.
Many times we have speculated and said ‘if I had only known.” Say for example, would you have bought Apple stock when it was trading for less than $5 dollars and at present at $184.00? My fellow entrepreneurs, you have access to that information at the current time, knowing that the US Dollar is going to be inflated and you need to capitalize on that whether it be investing in foreign currency or simply making wise decision in regards to future dealings.
One of the key obstacles many business owners will encounter is liquidity due to the banking regulations and lack of funds. Capitalizing on current state of economy does not necessarily require monetary resources but rather a right strategy with an impeccable conceptualization. What are you going to capitalize on? Your daily operations! They will need to be agile and flexible enough to wither the storm.
As a business owner you will need to factor in anticipated inflation or deflation in all the financial activities of the businesses as this is crucial to sustain not only your short term operations but also long term. You will need to convert your cash flow from constant to actual and apply appropriate formulas like use of discounting payment factors rather than compounding. Many businesses fail due to under capitalization but more so due to failing to understanding how critical it is to allocate appropriate resources for future use.
A simple way to understand this concept is to recall what a dollar used to buy over 10 years ago and what does it buy today. This concept of understanding inflation and devaluation of US Dollar is going to be one of the driving indicators of many businesses. This concept is more important than ever before especially for the manufacturing sector who exports their products since we are now dealing with foreign manufacturers who are exploiting on the fiasco caused by the US markets. So be very smart in your dealings.
My Thoughts: As an Entrepreneur, make sure to evaluate every revenue stream and apply appropriate inflation models on current and projected cash flows as well as on the outstanding debt. This concept can also be employed by investors and it is just as important as your ROI. So be wise and run a lean organization with strong future projections!
Rahim Thawer /
CEO of Waterbury Financial Strategies Inc
http://www.waterburyfs.com
Saturday, September 19, 2009
Entrepreneurs: Think Strategically.
Waterbury Financial Strategies Inc CEO / Founder Rahim Thawer post this week “Entrepreneurs: Think Strategically.”
A Strategy is a plan of action that incorporates appropriate allocation of resources and other events to help the organization attain its goals. Strategies are formulated at all levels of the organization for various reasons such as ways to reciprocate to the competitors, confront with difficult external economic times, and to effectively use available resources. We have encountered within a number of organizations that we invest in, that strategic planning positively affects a firm’s performance and creates a financial success.
Before strategies are formulated, the executive members have to identify the core competences of the organization and a proper situation analysis needs to be formed. Situation analysis is important to every company but crucial to an organization that is going through financial turbulence. We are observing many entities that are facing challenges due to the current economy and we need to look deeper into our business models and re-evaluate our goals.
Most organizations fail when it comes to the implementation phase. They can form strategies that may or may not be valid but the implementation phase is very challenging and even a professional can fail if it is not executed accurately. Take for example major corporations that we see file for bankruptcy and most of these entities are governed by professionals, so why did they fail? When in bankruptcy, the professionals take over and revisit the strategies that were proposed and to conclude at what levels did they fail.
Strategy formulation may include assessing the external environmental such as the economy and internal challenges such as cash flow. As we are experiencing challenges, formulate new strategies and incorporate all current factors and potential future challenges as well. Project your thinking five or even ten years out and form solid plan that will carry your forward, but don’t forget to constantly visit them. A business without a proper plan or goal in mind cannot sustain its operations and will end up going under.
Don’t forget to Implement!
Rahim Thawer /
CEO of Waterbury Financial Strategies Inc
http://www.waterburyfs.com
A Strategy is a plan of action that incorporates appropriate allocation of resources and other events to help the organization attain its goals. Strategies are formulated at all levels of the organization for various reasons such as ways to reciprocate to the competitors, confront with difficult external economic times, and to effectively use available resources. We have encountered within a number of organizations that we invest in, that strategic planning positively affects a firm’s performance and creates a financial success.
Before strategies are formulated, the executive members have to identify the core competences of the organization and a proper situation analysis needs to be formed. Situation analysis is important to every company but crucial to an organization that is going through financial turbulence. We are observing many entities that are facing challenges due to the current economy and we need to look deeper into our business models and re-evaluate our goals.
Most organizations fail when it comes to the implementation phase. They can form strategies that may or may not be valid but the implementation phase is very challenging and even a professional can fail if it is not executed accurately. Take for example major corporations that we see file for bankruptcy and most of these entities are governed by professionals, so why did they fail? When in bankruptcy, the professionals take over and revisit the strategies that were proposed and to conclude at what levels did they fail.
Strategy formulation may include assessing the external environmental such as the economy and internal challenges such as cash flow. As we are experiencing challenges, formulate new strategies and incorporate all current factors and potential future challenges as well. Project your thinking five or even ten years out and form solid plan that will carry your forward, but don’t forget to constantly visit them. A business without a proper plan or goal in mind cannot sustain its operations and will end up going under.
Don’t forget to Implement!
Rahim Thawer /
CEO of Waterbury Financial Strategies Inc
http://www.waterburyfs.com
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