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	<title>Black Swan Management, LLC &#187; success</title>
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	<description>Investments and Strategies for the Future of Business</description>
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		<title>Negotiation Mastery &#8211; Knowing When to Say When</title>
		<link>http://www.blackswanmanagementllc.com/2011/11/03/negotiation-mastery-knowing-when-to-say-when/</link>
		<comments>http://www.blackswanmanagementllc.com/2011/11/03/negotiation-mastery-knowing-when-to-say-when/#comments</comments>
		<pubDate>Thu, 03 Nov 2011 16:00:42 +0000</pubDate>
		<dc:creator>Matt Fagerness</dc:creator>
				<category><![CDATA[business]]></category>
		<category><![CDATA[business plan]]></category>
		<category><![CDATA[investing]]></category>
		<category><![CDATA[investment strategy]]></category>
		<category><![CDATA[strategy]]></category>
		<category><![CDATA[success]]></category>
		<category><![CDATA[wealth creation]]></category>

		<guid isPermaLink="false">http://www.blackswanmanagementllc.com/?p=4036</guid>
		<description><![CDATA[Negotiation in business is a critical aspect to getting more accomplished and generating more valuable sales. Negotiation is founded upon principles but it could be argued that it is more art than science. The best negotiators are often brilliant strategists and gifted technicians but their perhaps most unsung trait is the mastery of the true art of negotiation.]]></description>
			<content:encoded><![CDATA[<p>Negotiation in business is a critical aspect to getting more accomplished and generating more valuable sales. Negotiation is founded upon principles but it could be argued that it is more art than science. The best negotiators are often brilliant strategists and gifted technicians but their perhaps most unsung trait is the mastery of the true art of negotiation. Let&#8217;s explore this a little more.</p>
<p>The basic fundamentals of negotiation call for careful planning and, in most cases, pursuit of a solution that leaves all parties better off than they were before. While these basic principles can guide and govern many negotiating scenarios, there is certainly more to it.</p>
<p>What is the art of negotiation? The art behind this critical business skill comes from the intangible ability to simply get the job done. For example, perhaps you have experienced a negotiation where you followed your plan to the letter and felt like you tactically handled it perfectly. The end result: the negotiations failed and you were left scratching your head as to how this could have happened.</p>
<p>Now consider a scenario where a negotiator also follows their plan, but only almost according to plan. Their tactics are sound but there seem to be some key elements missing. The end result: the negotiation is a dramatic success and, despite the negotiator&#8217;s apparent missteps, everything seemed to work out great. What was the difference?</p>
<p>As you may be gathering, the answer to what differed between these two scenarios may not be readily apparent. The negotiator who seemed to do everything perfectly failed and the one who seemed to stray away from the original plan had more success. What gives? The answer lies in the intangible nuances of human nature.</p>
<p>Chances are, the successful negotiator from our example probably sensed the need to change his or her course during the negotiation. This could have been based upon a specific response from the other party, body language, or just an instinctual feel for how things were proceeding. They adjusted their plan, perhaps stopping short of seeking all the objectives they originally set out to achieve. They may have even offered an additional incentive to the opposite party.</p>
<p>While this approach may not immediately make sense, it is highly effective. Sure, we all have an agenda when it comes to negotiations. However, asking for too much puts the entire agenda at risk, while knowing when to say when may eliminate a single objective but leave the rest intact and still satisfy all parties when the day is done. The ability to recognize the need for this and know when to change the plan is an art that the best negotiators have mastered. Even they may not know exactly how they do it; it&#8217;s just a feel for the process that makes them great.</p>
<p>This feel for negotiation comes from two key things: experience and attentiveness to the other party in the negotiation. The take home message is to pay attention and be involved in as many negotiations as you possibly can. These elements will make you better and will help hone your feel for the process that will make you better over time.</p>
<p>In summary, you can call it a sixth sense, a gut instinct, or whatever you wish, but the art of negotiation comes not from a textbook, but from within each of us. Knowing when to say when, when to not press for that extra benefit you would like to have, is what sets the best negotiators apart from the rest of the world. It is their artistry that can inspire all of us to reach new heights in business.</p>
<p>Dr. Matt Fagerness left the academic world to pursue his own dreams of business ownership and doing things &#8220;his way&#8221;. Today, he is a successful real estate investor, venture capitalist, business consultant, and author who has touched the lives of new entrepreneurs who are looking to build upon their own dreams of success. Focusing on written materials and coaching services for success-driven and business-minded people, Dr. Fagerness has a no-nonsense approach to starting and building small businesses that speaks volumes to the clients with whom he has worked. Dr. Fagerness and his various professional services are accessible by visiting <a href="http://www.chameleonfreelancing.com" target="_new">http://www.chameleonfreelancing.com</a></p>
<p>Author: <a href="http://EzineArticles.com/?expert=Matt_Fagerness">Matt Fagerness</a><br />
Article Source: <a href="http://ezinearticles.com/?Negotiation-Mastery---Knowing-When-to-Say-When&amp;id=1141947">EzineArticles.com</a><br />
<a href="http://netisbeautiful.com/">Awe Inspiring Pictures</a></p>
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		<title>What&#8217;s A Good Idea For A Business?</title>
		<link>http://www.blackswanmanagementllc.com/2011/10/11/whats-a-good-idea-for-a-business/</link>
		<comments>http://www.blackswanmanagementllc.com/2011/10/11/whats-a-good-idea-for-a-business/#comments</comments>
		<pubDate>Tue, 11 Oct 2011 16:00:06 +0000</pubDate>
		<dc:creator>Sherif Ramadan</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[business how to start]]></category>
		<category><![CDATA[investing]]></category>
		<category><![CDATA[mindset]]></category>
		<category><![CDATA[stock market]]></category>
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		<guid isPermaLink="false">http://www.blackswanmanagementllc.com/?p=177</guid>
		<description><![CDATA[Any idea can be a good idea, but not every idea is. Before you process that let's take the following questions into account. Why did Bavarian Motor Works (BMW) decide to produce cars? How did soft drinks become a billion dollar industry? Who would have thought you could make millions off of junk? When did the internet go from the information highway to the shopping highway? Where did Xerox go wrong with computers and what leads some to believe they should have been the personal computing tycoons of today?]]></description>
			<content:encoded><![CDATA[<p>Any idea can be a good idea, but not every idea is. Before you process that let&#8217;s take the following questions into account. Why did Bavarian Motor Works (BMW) decide to produce cars? How did soft drinks become a billion dollar industry? Who would have thought you could make millions off of junk? When did the internet go from the information highway to the shopping highway? Where did Xerox go wrong with computers and what leads some to believe they should have been the personal computing tycoons of today?</p>
<p>An idea can be a first step in a new direction, the dawn of a new era, or it can be the means to failure &#8211; or even worse disaster. In the business world, ideas are at a dime a dozen. So it doesn&#8217;t mean much to have an idea unless you know how to turn that idea into realistic goals and are capable of designing a comprehensive plan to achieve those goals.</p>
<p>By looking back on a few of the largest and most recognized businesses in the world, and maybe some that aren&#8217;t so recognized, and analyzing the ideas that either boomed or bombed their businesses, we can get a clear perception of why an idea isn&#8217;t necessarily enough to determine good business.</p>
<p>Bayerische Flugzeug Werke, later called Bayerische Motoren Werke (English for Bavarian Motor Works or otherwise known as BMW), started off by manufacturing aircraft engines in 1916. After World War II the BMW sites had been heavily bombed or seized by the Soviets. The company saw little opportunity in continuing aircraft engine production and eventually lost all interest. However, they kept their, now widely-recognized, BMW roundel, the early trade-mark symbolizing white propellers against a blue sky backdrop. They ventured further into automobile production bringing a long line of motorcycles and cars to the European market. It wasn&#8217;t until the 1970&#8242;s, however, that BMW succeeded in entering the premium sector of the commercial market with a stride. Today, BMW&#8217;s passenger cars are universally known for their sportish-elegance and luxury.</p>
<p>So while BMW started with an idea to make engines for airplanes, they ended up being recognized for their top-of-the-line, first-class, commercial cars. This is one example of why it&#8217;s important to shift your strategy, if and when the strategy to utilize an idea fails to render successful. In this case the failure was due primarily to unforeseeable events beyond the influence or control of the company. BMW still stuck with its idea of producing high-grade quality engines regardless of whether those engines ended up in airplanes, motorcycles, or cars. Therefore the idea was neither good nor bad. It was simply an idea, but one that had been applied with the proper strategies.</p>
<p>There are of course many examples of &#8211; thought to be crazy &#8211; ideas that ended in tremendous success. The Coca-Cola Company, for example, was one to revolutionize the soft drink industry. It was difficult to imagine, in the late 1800&#8242;s, that some sugar-water would some day hail a $250 billion a year industry. The idea was perfect. People could go days without food, but water was irresistible. Yet people underestimated the value of water. Economically speaking, people put a greater value on dirt than they do water, but ironically water is the most demanded resource on the face of the planet. So the company supplied that demand &#8211; with a bit of an incentive. Don&#8217;t just drink water .. drink water that has both a flavor and a color!</p>
<p>Today Coca-Cola is the soft drink giant of the beverage industry producing both carbonated and non-carbonated soft drinks including such products as carbonated beverages, juices, bottled water, flavored water, and teas. Today Coca-Cola has a market cap of $175 billion (USD) and is the world&#8217;s largest supplier of beverages.</p>
<p>But those ideas were easy to come up with back then! What could I possibly think of now that hasn&#8217;t been thought of already? It could be argued that those examples neglect to tackle contemporary competitive thinking. However, it&#8217;s still common today to find new and creative ideas that some businesses haven&#8217;t utilized or adapted effectively.</p>
<p>For example, an 18 year-old Canadian entrepreneur, Brian Scudamore, got an idea to make money off other peoples&#8217; junk back in the 90&#8242;s. He believed that people would be willing to pay good money to dispose of old junk they no longer wanted around. He also believed people tended to dismiss those who weren&#8217;t very presentable from intruding their personal space. So he rented new trucks, gathered a team of cleanly presentable workers &#8211; dressed in navy pants and royal blue shirts &#8211; and began his business franchise 1-800-Got-Junk? The company collects fees for hauling junk away from your designated location. Everyday thousands of people call in to have large blue trucks come and pick up their old junk and haul it off.</p>
<p>The franchise now operates in 250 locations across North America and Australia pulling in more than $12 million a year. His idea was unique because of both its originality and creativity. Brian found a demand in the market that needed to be met and supplied it in a manner that would befit his overall business objectives, which is critical in business decision making.</p>
<p>As most of you may already know the internet was originally a, technology initiative, government funded project started by the United States department of defense in 1957, and came to be known as the ARPANET (short for Advanced Research Project Agency Network). Later the term ‘internet&#8217; &#8211; as we now know it &#8211; was coined.</p>
<p>So how did the internet come to be renowned as the ‘information super-highway&#8217;? This was because the ARPANET was soon after taken to universities for further research and development. Over the years the department of defense began to slowly withdraw its grasp and military interest over the ARPANET, but continued to fund the project for some time.</p>
<p>After the first transnational link was created educational institutes from the U.S and Europe began communicating over the internet and the exchange of information became quick and apparent. Researchers and scholars of universities in both the United States and Europe were in data crossfire frenzy, shortly there after.</p>
<p>But the idea behind the internet then grew on a whole new level. While researchers were busy developing protocols and programs, the business world began to see new opportunities opening up. It wasn&#8217;t until 1994 that the internet began generating ecommerce transactions. Today almost all major businesses are e-oriented and many organizations operate entirely over computer networks (internet, intranet, and extranet).</p>
<p>While the idea, behind the internet itself, was a spin off from growing military interests, in advanced communications technology, it somehow evolved into a new platform for businesses to benefit from.</p>
<p>Pizza Hut&#8217;s decision to offer order placement through its website on the world-wide-web in 1994, for example, would not have been likely had interventions not been made by companies like AT&amp;T and MCI to develop high-speed backbones that led the internet to be facilitated by a massive number of growing hosts.</p>
<p>So good ideas for a business or business-oriented initiatives are dependent on our ability to realize potential and effectively seize the maximum benefit from that potential. Such was not the case, however, for Xerox in the 1980&#8242;s during the personal computing boom.</p>
<p>Usually we recall names like Apple computers, IBM and Microsoft when we think of how computers came to be of pivotal personal use today. Little is recognized, however, by the Xerox Company&#8217;s contributions to the modern computer.</p>
<p>The name Xerox merely brings to mind photocopy machines and fax paper. On the contrary, Xerox holds credit to many of the most basic modern computer technologies such as the mouse, the graphical user interface, Ethernet, and the laser printer &#8211; to name but a few. Palo Alto Research Center (short for PARC) is a wholly owned Xerox subsidiary and was largely responsible for the birth of Apple&#8217;s ‘Lisa&#8217; computer model.</p>
<p>The idea of creating a graphical user interface, using a mouse to better navigate that interface and adapting &#8211; what we now refer to as basic functions of any computer program &#8211; features like menus, windows, and icons was nothing short of genius.</p>
<p>However, the company&#8217;s top level management failed to turn that idea into a business-oriented objective. The project later moved to Apple computers along with some of the personnel who worked on the technologies in PARC. Then Microsoft used the same idea to build its dominant computer operating system (Windows), now estimated to be used by more than two thirds of all computer users.</p>
<p>Xerox did not realize the potential behind PARC&#8217;s idea. They failed to seize the maximum benefit and so they believed that it was not a good idea for business.</p>
<p>The ability of one business to use the same, or a similar, idea of another business through different strategies clearly draws the line between mild accomplishment and ground-breaking triumph in this particular example.</p>
<p>Basically any business idea is the stipulation of a goal met by certain challenges. Your ability to fully realize potential, conceptualize future challenges, lay a plan to overcome those challenges, and achieve your goal is essential to what sets a good idea apart from a bad one.</p>
<p>If an idea suddenly comes to you and you slowly begin to realize the challenges involved, but are unable to attain realistic solutions or alternatives, then it would be best to steer clear of such an idea. On the other hand, if you find your idea growing and new challenges stimulating newer solutions with even better outcomes then stick with your idea. Any idea can be a good idea, but not every idea is good for every business.</p>
<p>Author: <a href="http://EzineArticles.com/?expert=Sherif_Ramadan">Sherif Ramadan</a><br />
Article Source: <a href="http://ezinearticles.com/?Whats-A-Good-Idea-For-A-Business?&amp;id=388822">EzineArticles.com</a><br />
Provided by: <a href="http://hippestphone.com/">Mobile device news</a></p>
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		<title>Investors in Your Business &#8211; Are They the Best Solution For Your Funding Problems?</title>
		<link>http://www.blackswanmanagementllc.com/2011/09/20/investors-in-your-business-are-they-the-best-solution-for-your-funding-problems/</link>
		<comments>http://www.blackswanmanagementllc.com/2011/09/20/investors-in-your-business-are-they-the-best-solution-for-your-funding-problems/#comments</comments>
		<pubDate>Tue, 20 Sep 2011 16:00:53 +0000</pubDate>
		<dc:creator>Lee Lister</dc:creator>
				<category><![CDATA[business startup]]></category>
		<category><![CDATA[venture capital/funding]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[investing]]></category>
		<category><![CDATA[investment]]></category>
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		<guid isPermaLink="false">http://www.blackswanmanagementllc.com/?p=207</guid>
		<description><![CDATA[You've got your business, you now need the money to fund its startup or expansion.  Where do you go to and what are the expectations you must meet?  Have you thought of using investors?  We'll show you what to expect and the best way to make them interested in you.]]></description>
			<content:encoded><![CDATA[<p>When looking for investors in a new business &#8211; I usually suggest that you go first seek out any grants or government assistance that your state, county or country offer &#8211; as this money is often subsidized and easier to obtain for a new business.</p>
<p>Your next stop would be the bank. They will be seeking to lend you money that is secured on some kind of collateral. A business loan is more usually for 2 &#8211; 5 years. A bank will not generally want to get involved with your business &#8211; just some confirmation that they will get their money back with interest.</p>
<p>The next port of call is an investor. Now these people are totally different to banks &#8211; in that that are actually investing in you and your business and they often want to get involved with your business as well. So let&#8217;s analyze this a little more.</p>
<p>What are investors looking for?<br />
* <strong>In your business: </strong> They want a sound business or business idea with some kind of unique concept that they believe will rapidly move to profitability. They want a well thought out and credible business plan with realistic financials.<br />
* <strong>In you: </strong> They want a hard working entrepreneur with good experience in the business area. They will look at your personality, your abilities and your past resume to see if your are the kind of person that can make a success of this type of business. Similarly they will want to feel that they can work with you &#8211; because they will be.<br />
* <strong>From the loan: </strong>Investors will only want to invest in your business for a few years, often a low as one year. They expect to be able to obtain a good rate of return on what they see as a risky investment. They will also often require a share of your business as their security. If you are seeking a large loan &#8211; they will often request a seat on the board of your company so that they can exercise some kind of control on the business activities.</p>
<p>What they will bring to your company:<br />
* <strong>Experience and Guidance:</strong> Investors often invest in areas that they know a lot about. They are obviously keen for your business to be a success as their return on their investment is dependant upon this factor. This means that they will often offer guidance and help to you as part of the package.<br />
* <strong>Cash Injection and Cash Flow: </strong> Some times you can request a staged investment from an investor, subject to you reaching agreed deadlines. This not only concentrates the mind in your business development, but also ensures that money is available when you need it. Suffice it to say that cash is always welcome in a business.</p>
<p>Your business plan is very important. You need to prove that you meet all the requirements above, but you also have to include what is called an Exit Strategy. This basically answers and lays out in detail, the four questions that every investor will ask:<br />
* What&#8217;s in it for me?<br />
* How soon do I get my money back?<br />
* How risky is it?<br />
* How much will I make from this investment?</p>
<p>One last suggestion for you &#8211; if you do not have the experience of every part of your new business, I would consider bringing such a person onto your team. Good luck with your new business.</p>
<p>Author: <a href="http://EzineArticles.com/?expert=Lee_Lister">Lee Lister</a><br />
Article Source: <a href="http://ezinearticles.com/?Investors-in-Your-Business---Are-They-the-Best-Solution-For-Your-Funding-Problems?&amp;id=142268">EzineArticles.com</a><br />
Provided by: <a href="http://netbookzen.com/">Netbook, Tablets and Mobile Computing </a></p>
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		<title>Entrepreneur Home Business Challenge</title>
		<link>http://www.blackswanmanagementllc.com/2011/07/13/entrepreneur-home-business-challenge/</link>
		<comments>http://www.blackswanmanagementllc.com/2011/07/13/entrepreneur-home-business-challenge/#comments</comments>
		<pubDate>Wed, 13 Jul 2011 16:00:39 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[business]]></category>
		<category><![CDATA[business how to start]]></category>
		<category><![CDATA[business planning]]></category>
		<category><![CDATA[strategies]]></category>
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		<guid isPermaLink="false">http://www.blackswanmanagementllc.com/?p=69</guid>
		<description><![CDATA[The best course of action to take sometimes isn&#8217;t clear until you&#8217;ve listed and considered your alternatives. The following paragraphs should help clue you in to what the experts think is significant. Entrepreneurs are constantly looking for opportunities to be able to work at home and save on overhead cost.Young parents who want to be [...]]]></description>
			<content:encoded><![CDATA[<p>The best course of action to take sometimes isn&#8217;t clear until you&#8217;ve listed and considered your alternatives. The following paragraphs should help clue you in to what the experts think is significant.</p>
<p>Entrepreneurs are constantly looking for opportunities to be able to work at home and save on overhead cost.Young parents who want to be with their children when they get home from school are now becoming entrepreneur home business owners. Are these home business entrepreneurs making good money? Of course they are or they would not stick to such business at all.</p>
<p>Working from home has many advantages. First, you can work on you own time. You can work as early or as late as you want and nobody will ever call you attention to your working habits. If you don&#8217;t feel like working, you can always take the day off and go somewhere to relax and unwind. When you work at home, you don&#8217;t have to bother with dress code. You can work in you pajamas if you like. Anyway, it&#8217;s your output that your clients will be after not how you looked when you did the work.</p>
<p>Most of this information comes straight from the entrepreneur home business owner pros. Careful reading to the end virtually guarantees that you&#8217;ll know what they know.</p>
<p>Becoming an entrepreneur home business owner is a good option for young parents. Working from home would give you more time to be with your kids and supervise their daily activities. You can wake up with them early in the morning a join them for breakfast before they leave for school and go back to bed after they left if you want. You can even walk them to school and get that needed exercise. When the kids come home from school, you can always be there to welcome them. Work at home parents can spend as much time as they want with their kids as there are no fix rules or working hours if you work from home. The only thing that you should be concerned of is making enough sales to give you financial independence and to enjoy comfortable living. The idea of working at home is to earn without sacrificing quality time with your family.</p>
<p>How does one become an entrepreneur home business owner? There are many business areas where an entrepreneur can engage. Your guide would be your personal interest and your existing resources. Why personal interest? If you like what you are doing, you would not mind putting in a lot of time and effort to make things happen. Wanting something is already a big step towards achieving something so try to work within your sphere of interest and not jump into something you are not familiar with. Familiar things give you more confidence as entrepreneur home business owner. Aside from working with familiar things, you should always take into considerations the resources you have at your command. The scale of your business undertakings should always depend largely on how much resources you have so make sure you know what you have to prevent overexposure. Spending within your means is a cardinal rule for entrepreneur home business owners.</p>
<p>Now might be a good time to write down the main points covered above. The act of putting it down on paper will help you remember what&#8217;s important about entrepreneur home business owner.</p>
<p><strong>About the Author</strong><br />
Gaetane Ross creates a great opportunity for people interested in  working from homeFind  out all about it TODAY at:http://www.4instant-online-business.comhttp://www.4instant-online-business.com/pips.html</p>
<p><strong>Article source:</strong><br />
<a href="http://www.contentdragon.com/content/business/small-business/entrepreneur-home-business-challenge/">Entrepreneur Home Business Challenge</a></p>
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		<title>Wealth Building Simplified &#8211; An Easy Guide To Financial Planning</title>
		<link>http://www.blackswanmanagementllc.com/2011/05/26/wealth-building-simplified-an-easy-guide-to-financial-planning/</link>
		<comments>http://www.blackswanmanagementllc.com/2011/05/26/wealth-building-simplified-an-easy-guide-to-financial-planning/#comments</comments>
		<pubDate>Thu, 26 May 2011 16:00:03 +0000</pubDate>
		<dc:creator>Ravi Kumar P</dc:creator>
				<category><![CDATA[wealth]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[business strategy]]></category>
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		<guid isPermaLink="false">http://www.blackswanmanagementllc.com/?p=3966</guid>
		<description><![CDATA[There are a few fundamental things that one should keep in mind and as long as this is taken care of, wealth building can be done with a minimum of fuss!]]></description>
			<content:encoded><![CDATA[<p>Everyone wants to build wealth. Some people find this very interesting and devote a great deal of time and effort in understanding and trying our various options to build wealth. But a lot of others who want to build wealth don&#8217;t have the inclination or time to go into the details to make great investment decisions. What is needed is a simple and systematic way to build wealth at a decent rate of return (willing to sacrifice some spectacular returns for the benefit of minimum efforts!) that does not demand too much attention from the potential wealth builder. No worries; there are a few fundamental things that one should keep in mind and as long as this is taken care of, wealth building can be done with a minimum of fuss!</p>
<p>I have come up with <strong> 5 C&#8217;s </strong> that one should keep in mind for a peaceful and successful wealth building effort:</p>
<p><strong>1. Compounding </strong></p>
<p>Explanation: There are 2 way to provide interest on an investment; Simple and Compound interest. Simple interest is when an amount is paid as interest on the initial amount (Principal) at a fixed percentage. For e.g, for Principal of 100, Simple Interest for 2 years at 10% per year would mean 20 as interest (10 per year multiplied by 2 years).<br />
Compound interest is when the Interest earned is added back onto the Principal and the next year&#8217;s Interest is paid on the enhanced amount. For e.g, for Principal of 100, Compound Interest for 2 years at 10% per year would mean 21 as interest (10 for 1st year and 11 for 2nd year).</p>
<p>Bottom-line: Compounding is GOOD! It means the money works harder and earns more. Just to drive the point home, consider this: An amount of 100 invested at an interest of 10% per year on Simple Interest would end up as 200 at the end of 10 years while if the same is invested at 10% per year Compound Interest, it would end up as almost 260 after 10 years! So, always give preference to an investment where compounding applies!</p>
<p><strong>2. Continuity </strong></p>
<p>Explanation: Whether one invests in the Stock Market or in Bank deposits, the best way to do regularly over a long period of time as opposed to big chunks of stop-start investments. Therefore, aim to invest continuously over a longish time frame, say 25 years of your working life, from the time you are 25 years old till you are 50. Needles to say, the earlier you start and the longer you do it, the more wealth you will end up with.</p>
<p>Bottom-line: Do it over a LONG TIME FRAME! And invest continuously and regularly over this time frame. As much as possible, do not disturb the investments.</p>
<p><strong>3. Consistency </strong></p>
<p>Explanation: Along with continuity, fix and invest a consistent amount at consistent time intervals, say every month. A consistent amount (at least 10% of monthly income) invested every month over the long time-frame discussed above will ensure decent returns and a very good corpus.</p>
<p>Bottom-line: Just TOP-UP every month and let compounding work its magic!</p>
<p><strong>4. Calm </strong></p>
<p>Explanation: If the above C&#8217;s are followed, then the most preferred investment avenue is Equity investments. By their nature, equity markets are fickle and will move up and down. But long term investors should not really worry about this as over a long time horizon (10 years or more), equities are almost certain to give positive returns. So, invest in equities for the long term and keep CALM!</p>
<p>Bottom-line: Traders who want to make some margins everyday are the ones who should worry about the market movements everyday. For Continuous and Consistent investors, the short term market movements are best ignored.</p>
<p><strong>5. Caution</strong></p>
<p>Explanation: Be wary of new investments ideas that are thrown your way. If you don&#8217;t understand it, ruthlessly avoid it.</p>
<p>Bottom-line: Caution is better than regret. So, err on the conservative side.</p>
<p><strong>Conclusion </strong></p>
<p>An investment option that usually combines all the above C&#8217;s is most of the good equity mutual funds. So, all one has to do is pick a good equity mutual fund, set up a systematic investment plan with this fund that ensures a fixed amount of money is invested every month directly into this from the bank account and then sit back and see it grow. Most funds charge some fees for managing the investments but this is a worth it given the convenience offered. Of course it is recommended that you track the funds&#8217; performance every half-year, if not every quarter and if you see that the performance is slipping up consistently over a few quarters, then it is time to switch funds and set up a systematic investment plan with a different fund house. Another safe option to consider is Index funds which are linked to the market index. The management fee is very low but this will give just the market rate of return and nothing more. This is not bad but an actively managed fund, for a slightly higher fees, usually out-performs the market on most occasions. Good luck for a successful wealth building exercise!</p>
<p>Ravi Kumar is one of the founders of the Chennai-based e-commerce company, <a href="http://dilsebol.com/" target="_new">http://dilsebol.com</a>, where users can create, customize and order their own t-shirts, mugs, mousepads, ceramic tiles, coasters etc. After graduating from IIMA, Ravi worked as Area Sales Manager with one of the world&#8217;s largest beverage companies and as Business Consultant with one of the big 4 Consulting companies before establishing DilSeBol in 2007. Ravi is interested in personal financial planning and the stock market and has been investing in the Indian stock market for the past few years.</p>
<p>Author: <a href="http://EzineArticles.com/?expert=Ravi_Kumar_P">Ravi Kumar P</a><br />
Article Source: <a href="http://ezinearticles.com/?Wealth-Building-Simplified---An-Easy-Guide-To-Financial-Planning&amp;id=525585">EzineArticles.com</a><br />
<a href="http://www.myropcb.com/services-capabilities/pcba-services/">Low-volume PCB Assembly</a></p>
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		<title>Opportunities for Creating Wealth</title>
		<link>http://www.blackswanmanagementllc.com/2011/04/23/opportunities-for-creating-wealth/</link>
		<comments>http://www.blackswanmanagementllc.com/2011/04/23/opportunities-for-creating-wealth/#comments</comments>
		<pubDate>Sat, 23 Apr 2011 16:00:40 +0000</pubDate>
		<dc:creator>Darryl Smith</dc:creator>
				<category><![CDATA[wealth]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[investing]]></category>
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		<category><![CDATA[investment strategy]]></category>
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		<category><![CDATA[Wealth Building]]></category>
		<category><![CDATA[wealth creation]]></category>

		<guid isPermaLink="false">http://www.blackswanmanagementllc.com/?p=4172</guid>
		<description><![CDATA[Many franchises that have the potential to make you wealthy require you invest a considerable amount of money and a great amount of time and effort.  Also the days of the defined pension plans sadly are becoming very unusual, it is more common the employee is paying for a big share of his own retirement benefits.]]></description>
			<content:encoded><![CDATA[<p>Creating wealth is an art. If you weren&#8217;t born with the talent and ability to do so, take heart. There are legitimate opportunities for creating wealth. The best ones allow you to make the most of other people&#8217;s knowledge, experience and expertise.</p>
<p>Franchises are one way of creating wealth. Unfortunately, many of the franchises that have the potential to actually make one wealthy require that you be wealthy to invest in them. If you are considering this method of creating wealth, do investigate franchise options carefully. There are many people unhappy with franchise purchases and the ongoing fees and overbearing rules that some franchises require.</p>
<p>Working a well paying job for your whole life is another way to create wealth. There was a time when spending a lifetime with a company that provided stock options, pension plans and other perks helped workers create wealth before retirement. In recent years, companies have been caught spending pension money, lying on financial report forms and literally stealing employee&#8217;s lifetime earnings.</p>
<p>Some jobs pay well but take a serious toll on health, creativity, lifestyle and family. If creating wealth at a job requires a lifetime of overtime in a less than healthy or encouraging environment, there&#8217;s a chance that your heirs will be spending the wealth you worked so hard to create.</p>
<p>Fads and trends can be used to create wealth. Wise buyers pay attention to what&#8217;s hot and capitalize on the popularity of items, buying and re-selling them. It is possible to make a lot of money fast with the right product and the right timing. However, the market that suddenly went hot can just as suddenly freeze over, leaving you stuck with yesterday&#8217;s goods. This method of creating wealth can be labor intensive. Purchasing, storing, listing, packing and shipping can take some time.</p>
<p>Collectibles are another opportunity for creating wealth. This often involves spotting what will be valuable and beginning the collection while items are affordable, collecting something you&#8217;re passionate about only to find that one day the rest of the world is passionate about it also and the value of your collection went soaring or using hard earned money to purchase collectibles that are already costly but expected to increase in value.</p>
<p>This method isn&#8217;t necessarily a means of achieving total financial freedom. But if you define wealth as being surrounded by what you live, it&#8217;s wealth.</p>
<p>One of the best ways to create wealth those results not only in being surrounded by what you love but also in the opportunity to enjoy total financial freedom is to utilize the power of the Internet combined with an established and proven wealth building business</p>
<p>Darryl R. Smith<br />
Retired State Police Trooper of 26 years, working in the Expedite Trucking industry for 9 years, 6 years being the owner of a Expedite Trucking Company, presently owner of a Classic Car Sales Company which wholesales and retails autos and trucks.</p>
<p>Author: <a href="http://EzineArticles.com/?expert=Darryl_Smith">Darryl Smith</a><br />
Article Source: <a href="http://ezinearticles.com/?Opportunities-for-Creating-Wealth&amp;id=765502">EzineArticles.com</a><br />
<a href="http://instantpot.com/">Electric Pressure Cooker</a></p>
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		<title>Meeting With The Entrepreneur</title>
		<link>http://www.blackswanmanagementllc.com/2011/03/27/meeting-with-the-entrepreneur/</link>
		<comments>http://www.blackswanmanagementllc.com/2011/03/27/meeting-with-the-entrepreneur/#comments</comments>
		<pubDate>Sun, 27 Mar 2011 16:00:29 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[business]]></category>
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		<guid isPermaLink="false">http://www.blackswanmanagementllc.com/?p=68</guid>
		<description><![CDATA[Running a small home business, unless it&#8217;s a totally Internet business, at some point in time may mean meeting with a local client. Even if the entrepreneur works all over the globe, clients or vendors and others involved in the firm in some way or another may find themselves in town and just want to [...]]]></description>
			<content:encoded><![CDATA[<p>Running a small home business, unless it&#8217;s a totally Internet business, at some point in time may mean meeting with a local client. Even if the entrepreneur works all over the globe, clients or vendors and others involved in the firm in some way or another may find themselves in town and just want to meet face to face with the entrepreneur they&#8217;ve talked to by phone and e-mail.</p>
<p>This is something that can be very beneficial for future business dealings and may lead to referrals for the small home business. The question, though, is where to meet with this client or business associate  surely not the small home business location. Here are some options.</p>
<p>The least costly place would be the library. And while we tend to think of the library as a place where you must whisper, that&#8217;s no longer the case. They often have meeting rooms, quiet corners with comfy chairs away from the crowd and many even have business centers with copy machines, wifi and fax. This is a great alternative for a small home business owner on a limited budget.</p>
<p>Another alternative is a coffee shop or McDonalds. McDonalds is now in the midst of a national wifi installation. Starbucks, Borders or Barnes &amp; Noble all offer coffee and a quiet comfortable place to talk.</p>
<p>There may be a local telework center as well, which can be rented by the hour, day, week or month, with conference room, phones, fax, copy machine, and computers. Firms such as HQ Global Workplace offer office space, videoconferencing, postal services, phone, computer and computer access and even receptionist. These can be rented for an hour, an afternoon, a day, a week or month to month. Many have catering services for an additional cost in case of a large meeting. While it&#8217;s a little more difficult to find a telework center the best place to inquire is of the local college. Major cities are bound to have them. Telework centers are plentiful for small home business owners in the Washington DC metropolitan area of Maryland and Virginia.</p>
<p>While most small home business owners want to present themselves at first as one of the big guys, a client that is dropping in to finally meet the entrepreneur he or she has talked to so often will probably be pleased to learn of the small home business. The entrepreneur might well be surprised to find how the office location apart from his home, might open the door to some very interesting conversations, such as I wish I could do that or surprisingly often, Oh, yes, I work from home too.</p>
<p>To Your Success</p>
<p><strong>About the Author</strong><br />
<strong>Obinna Heche. Los Angeles &#8211; California</strong> Delivering the best home based business ideas and opportunities so you can work at home successfully..<a href="http://www.homeincomeportal.com/obhmy365"> http://www.homeincomeportal.com/obhmy365</a></p>
<p><strong>Article source:</strong><br />
<a href="http://www.contentdragon.com/content/business/small-business/meeting-with-the-entrepreneur/">Meeting  With The Entrepreneur</a></p>
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		<title>What is a Mutual Fund?</title>
		<link>http://www.blackswanmanagementllc.com/2011/03/10/what-is-a-mutual-fund/</link>
		<comments>http://www.blackswanmanagementllc.com/2011/03/10/what-is-a-mutual-fund/#comments</comments>
		<pubDate>Thu, 10 Mar 2011 16:46:24 +0000</pubDate>
		<dc:creator>Paul Cris</dc:creator>
				<category><![CDATA[stocks]]></category>
		<category><![CDATA[strategies]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[mutual funds]]></category>
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		<category><![CDATA[stock tips]]></category>
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		<guid isPermaLink="false">http://www.blackswanmanagementllc.com/?p=176</guid>
		<description><![CDATA[Mutual fund is a corporate body, which works as an intermediary and invests in financial markets.]]></description>
			<content:encoded><![CDATA[<p>Mutual fund is a corporate body, which works as an intermediary and invests in financial markets. Mutual funds collect money from the public and invest in financial instruments like equity, government securities, bonds, debentures etc.</p>
<p>Investing through mutual funds is good for people who do not have much knowledge about the financial markets. Instead of burning the fingers in the stock market, investing in mutual funds does make sense. There are various types of mutual funds available for investment. There are different types of mutual funds available, like, a fund, which invests only in Pharmaceutical companies, is called as Pharma fund and the mutual fund companies name the funds on their own. The mutual fund companies provide prospectus when they launch a fund. In the prospectus information like risk involved, amount of money invested in stocks, bonds etc are mentioned.</p>
<p>The money collected is invested by professionals who have experience in the financial markets. They know the time to buy and sell the stock. Their main aim is to create wealth for their investors. They diversify their portfolios and invest in growth related companies. Mutual fund companies hire professional fund managers who have very good experience in handling large amount of money. While buying a mutual fund you should check the experience of the fund manager and his team, who will be investing your money. You should also take a look at the past performance and the returns offered.</p>
<p>You can start buying mutual funds for a very low amount and you can also invest every month. This is called as systematic investment planning. There are various types of funds like open ended fund, close ended fund, growth fund, income fund, balanced fund etc.</p>
<p>Author: <a href="http://EzineArticles.com/?expert=Paul_Cris">Paul Cris</a><br />
Article Source: <a href="http://ezinearticles.com/?What-is-a-Mutual-Fund?&amp;id=151834">EzineArticles.com</a><br />
Provided by: <a href="http://netbookzen.com/">Netbook, Tablets and Mobile Computing </a></p>
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		<title>Commodity Investing For Your Portfolio</title>
		<link>http://www.blackswanmanagementllc.com/2011/03/03/commodity-investing-for-your-portfolio/</link>
		<comments>http://www.blackswanmanagementllc.com/2011/03/03/commodity-investing-for-your-portfolio/#comments</comments>
		<pubDate>Thu, 03 Mar 2011 17:00:04 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[investing]]></category>
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		<category><![CDATA[Wealth Building]]></category>
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		<guid isPermaLink="false">http://www.blackswanmanagementllc.com/?p=76</guid>
		<description><![CDATA[Even though throughout the last thirty or so years, the Commodity Research Bureau (CRB) has been in a downtrend and the S&#38;P 500 as been in an uptrend many people continue to invest in commodities. Before we look at why and how they are becoming successful investors, let us look at what the CRB is. [...]]]></description>
			<content:encoded><![CDATA[<p>Even though throughout the last thirty or so years, the Commodity Research Bureau (CRB) has been in a downtrend and the S&amp;P 500 as been in an uptrend many people continue to invest in commodities. Before we look at why and how they are becoming successful investors, let us look at what the CRB is. The Commodity Research Bureau is something similar to the Dow Jones. It mathematically combines the prices of commodities to determine just how the commodities are moving. The equation is performed by averaging out the prices of wheat, gold, coffee, oil, and other such items.</p>
<p>One of the reasons that investors are doing so well, is that when you look at the indices you are not getting the whole picture. When you are looking at the general trends, you are not seeing the daily price movements in detail. This is what many investors use when they are looking to trade for profits. What matters at the end of the day, is how much you paid and how much you got when selling, not the prices that you see.</p>
<p>Trading strategies throughout the years have incorporated the role of commodities. Stock prices and commodities often move in very different directions. Therefore, many people incorporate commodities into a large part of hedging strategies.</p>
<p>Another reason might be just how investors view the different strategies and how the market should and does work. For example, some people believe with historical and substantial support, that if you are following a crowd you cannot hope to make money. People believe that before you can profit in investing, you must be doing exactly the opposite of what others are doing. Data proves that this is good train of thought and many people are taking advantage of it.</p>
<p>Furthermore, when thinking in terms of a hedging strategy, a smart investor will have a well-diversified portfolio. Which means they will have a little bit of everything within their portfolio, this includes commodities, cash, bonds, and stocks. Thanks to inflation, these things work in the exact opposite of each other. As an example, if bond are moving down, commodities are moving up at the same time. This helps in hedging strategies and giving you control over profits and risks.</p>
<p>Over the last few yeas, commodities have started to trend up. This has been observed by many investors causing a rise in commodities investments. Oil and gold are perfect examples of this observation. About thirty years ago, the gold prices peaked, after which it started on a steady downfall and continued this way until about 2003. Since then, it has been moving up and has increased by about forty percent.</p>
<p>Some people will tell you that the gold price will continue to grow as time moves on. This may be true a true speculation, however, you can never really tell. When it comes to inflation and the views that the Federal Reserve have taken, it could very possible be a true speculation.</p>
<p>However, one thing you can rely upon is other commodities such as coffee, gold, oil, and wheat. The world will continue to use them regularly. At the same time, some of these commodities cannot be replenished, which means that the more people use them, the less availability there will be. This includes oil and gold. Neither can be recovered.</p>
<p>As the demand continues to rise for both oil and gold, we will find that the supplies dwindle fast and leaving us to worry about high prices as investors and consumers. There are some other forms of commodity investments such as Exchange Traded Funds (ETF&#8217;s) and mutual funds. What is great about these kinds of commodities, is that they generally tend to trend in the same directions as stocks and bonds, instead of the opposite way, as with some other commodities.</p>
<p><strong>About the Author</strong><br />
You can learn more about Commodity Trading at <a href="http://www.aprildays.net/commodities/" target="new">Commodity Trading</a></p>
<p><strong>Article source:</strong><br />
<a href="http://www.contentdragon.com/content/finance/investing/commodity-investing-for-your-portfolio/">Commodity Investing For Your Portfolio</a></p>
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		<title>Business &amp; Corporate Law Attorney</title>
		<link>http://www.blackswanmanagementllc.com/2011/02/09/business-corporate-law-attorney/</link>
		<comments>http://www.blackswanmanagementllc.com/2011/02/09/business-corporate-law-attorney/#comments</comments>
		<pubDate>Wed, 09 Feb 2011 17:00:41 +0000</pubDate>
		<dc:creator>Henry F Pikus</dc:creator>
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		<guid isPermaLink="false">http://www.blackswanmanagementllc.com/?p=4255</guid>
		<description><![CDATA[In Need of a Business &#38; Corporate Law Attorney?  Business and corporate offices are dependent upon a sturdy legal framework and would otherwise struggle through their affairs without sound legal advice. Business and law attorneys provide that advice that can help secure and shape the framework for any office.]]></description>
			<content:encoded><![CDATA[<p>In Need of a Business &amp; Corporate Law Attorney? Business and corporate offices are dependent upon a sturdy legal framework and would otherwise struggle through their affairs without sound legal advice. Business and law attorneys provide that advice that can help secure and shape the framework for any office. They have years of experience within the field which gives them the edge when it comes to knowing how to protect and advance a company. With real-world solutions and modern methods, business and corporate law attorneys can assist business of all sizes, from those just starting out to those who have been clients for up to 80 years.</p>
<p>Clients need to have a firm understanding of the most effective policies, contracts, and training tools in order to keep the company functioning and growing. If a company is lacking the legal resources, it runs the risk of losing money. Other negative side-effects can include bad publicity, shareholder and property disputes, and disgruntled employees. However, if a company finds itself in a legal predicament, business and corporate law attorneys can ensure that the legal tools are utilized to the fullest. These tools will set the groundwork for future prosperity and success of a business.</p>
<p>Business and corporate attorneys offer more than just the advice and groundwork needed to handle publicity. Banking and finance law, employment and labor law, mergers and acquisitions are just a few areas that an attorney can help with. Their knowledge also expands into the realm of negotiations and drafting of contracts, as well as business succession planning and construction law and litigation.</p>
<p>Individual goals are the priority of even business and corporate law attorney. They strive to help each client meet their goal no matter how big or small it may seem. With acute attention to detail and modern solutions, attorneys can help clients tackle legal details without stress or confusion. Business and corporate law attorneys offer a variety of strategies when it comes time to negotiate and draft contracts, plus they are trained to sort through the legal details presented by software development and licensing arrangements.</p>
<p>Business and corporate attorney&#8217;s can also offer advice on business purchases and sales, as well as guide clients in succession planning, dissolutions and buy-outs. Their help will ensure that every client receives maximum benefit and satisfaction and that both parties are satisfied with the outcome.</p>
<p>Business and corporate attorneys want to protect the intellectual property and advantage in the marketplace of their client. They will do their best to provide answers regarding multiple issues including business structuring, shareholder and buy-sell agreements, and capitalization. With their help and answers, businesses can rest assure that the most productive results are reached so that the future of the company is secured.</p>
<p>If you are searching for an <a href="http://www.mhslaw.com/loc-Chaska.html" target="_new">Attorney Chaska MN</a> than look no further then MHS Law. MHS Law are expert <a href="http://www.mhslaw.com/loc-Chaska.html" target="_new">Lawyers Chaska Minnesota</a>.</p>
<p>Author: <a href="http://EzineArticles.com/?expert=Henry_F_Pikus">Henry F Pikus</a><br />
Article Source: <a href="http://ezinearticles.com/?Business-and-Corporate-Law-Attorney&amp;id=3099307">EzineArticles.com</a><br />
<a href="http://instantpot.com/">Pressure cooker</a></p>
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