Arnold Schwarzenegger’s Business and Success Insights; interviewed by J.T. Foxx

Watch Arnold Schwarzenegger talking about about how he was a millionaire real estate investor and businessman before his movie career took off, with a special mention on how Nelson Mandela touched him at a personal level. http://www.youtube.com/watch?v=OtRip8wNwJI&start=254

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How to Make Risk Your Friend

Any profile of Warren Buffet shows that he is patient, rational, a gatherer of information, not swayed by what the rest of the market thinks, and psychologically at ease with who he is. Deepak Chopra says this is why he is an iconic investor and so successful in what he does. Psychologists have shown that it…

Pricing your Services

I am often asked how one should price a service. Many consultants tend to go for the lowest possible price they can name in order to secure the customer. At the other end of the spectrum you have the lofty upper-end service providers who wish to convey their exclusivity by charging a very high price. Clearly a start-up consultant…

Important components to a Pitch

I came across an excellent article  on important signals you need to convey in your pitch to investors. The signals are as follows: Familiarity, Distinctiveness, Credibility, Connectedness, Viability. More details here: http://www.entrepreneurmag.co.za/advice/funding/attracting-investors/how-to-sell-your-ideas/

School & Society

What we learn at school often scars us for our entire life: On being unpopular: Most people who are adults now, do not speak up, in spite of knowing that their interests are being compromised for fear of being unliked.  It is a subtle manifestation of the human dread of ostracism. Their fear is losing the affirmation that…

Sizing up your opponent

Donald Trump is a master negotiator. He talks about sizing up  your opponent here. He says if you cannot size up the person sitting on the other side of the negotiating table, you shouldn't be in business. You should look for a job. Words of wisdom indeed. However, how do you size up a person?…

Equity or Returns?

Do you offer equity or a a fixed return to an investor? The answer, I believe, may demonstrate your faith in your business. Option 1: An investor invests 1 million dollars in your business. You give the investor certain equity in your business. You are therefore splitting the risk with the investor. Option 2: An…

Sins of ommision

Warren Buffet claimed once that his mistakes were more of omission rather than commission. If that is true, he is the same as the vast majority of people. More people make mistakes of omission rather than deliberate commission.  People lose out on opportunities all the time because of irrational or rational fears. There is indeed a phrase…