5 Questions To Ask An Investment Banking Firm

Chicago based Madison Street Capital (Facebook) is an investment banking firm that deals with a wide range of activities. It not only manages the investments of individual investors and companies but also ensures that those investments are maintained in the long run. The company has been doing this for a long time and is staffed by some of the best investment bankers that the industry can offer. Here are 5 questions that Madison Street Capital’s investment bankers recommend asking an investment banking firm before the final decision is made –

What is The Average Fees of the Firm? – Commission based investment banks tend to focus more on closing all deals quickly because they don’t have a high retainer. They are also motivated to get the best and highest valuation that they can. On top of that, these investment banking firms would be a lot more convincing than others.

Who Would The Bank Approach? – It is always recommended to ask for specifics. Who are the people the bank will approach first. If it is a company, who in the company would be approached and when was the last time the bank made contact with that person? These are important questions to ask.

Is The Bank Experienced In This Particular Field? – Is the bank experienced with startups of this size? If a bigger company comes along, would the bank put this project on the backseat? It is advisable to be absolutely candid during the interview and get all questions out of the way, no matter how uncomfortable they may be.

How Much Time Does It Take To Close A Deal? – It is always better to eliminate speculation and ask this question via email. Clients should try to be as specific as possible. They should ask about the time it usually takes for the bank to close a deal. When the engagement letter goes through and the signing is done, the timer starts ticking and having the bank confirm all the details in a statement is a good move.

What is The Bank’s Success Rate? – It is possible to find out the answer to this question with a bit of self-research. A lot of banks have this information on their websites as well. However, if it is not found anywhere else, then clients should ask the banks about their success rate in recent years. Usually, there is a success rate of closing 1 out of 3 deals successfully. If that is the case, would it be wise to go on a retainer when there is a 33% chance?

It is never recommended to blindly choose an investment banking firm, except when their great reputation precedes them, as in the case of Madison Street Capital (YouTube).

How Representation From a Personal Injury Lawyer Like Dan Newlin Can Help Accident and Injury Victims

When someone has suffered an injury caused by the negligence or misbehavior of others, they or their families often seek compensation after the incident. The representation of a good personal injury lawyer is very important to receive the compensation that they are entitled to.

A few things to consider when looking for a personal injury attorney are experience, objectivity, and reputation. Experience is probably the most important factor when choosing a personal injury lawyer. The more experience the attorney has, the better equipped he or she will be to handle the unique challenges of a particular case. For cases with the most severe injuries, as well as deaths, hiring an inexperienced attorney with less knowledge and resources is a huge mistake.

A lawyer’s reputation is also something that needs to be considered. A lawyer who has previously dealt with the local courts and insurance companies, and who has a good track record can help quite a bit in the client obtaining the amount of compensation that they are entitled to.

One also needs to think about how objective a particular attorney will be when working the case. It is crucial to make sure that the attorney is trying to get the client the proper compensation, instead of just wanting to settle the case in the shortest possible time in order to handle another client’s case. Attorneys who handle too many cases at once are not ideal candidates.

Dan Newlin, written about by Yahoo Finance, is a personal injury attorney in Florida that has helped victims of injuries and accidents recover over $150 million in compensation. There are 18 highly experienced lawyers working at his firm, which has an excellent reputation. Attorney Dan Newlin provides personalized, first class legal services to injury and accident victims in Florida and Illinois.

Ultimately, the personal injury lawyer chosen can make or break a client’s case. It is vital to do the proper amount of research in order to find an attorney with a lot of experience, a great reputation, and the objectivity necessary to settle a case and get the victim, or the victim’s family, as much compensation as they deserve.

What Makes a Business Owner an Entrepreneur?

 

There are many similarities between a business owner and an entrepreneur. An entrepreneur is a business owner but a business owner may not be an entrepreneur. Both organize and manage at least one business and both assume risks associated with the business. Even a small business can have a measure of risk. So on the most basic of definitions, they are the same.

Business Owner vs. Entrepreneur

An entrepreneur is usually thought of as someone who deals with a large amount of risk for the business. A large amount of risk can bring a huge pay-off and many business owners keep the risk to their business minimal.

Entrepreneurs often are very intelligent and initiate major change. This includes pioneering new products, expanding to different markets and perhaps reinventing production methods. The key here is innovation and when innovation leads to more demand, financial success follows. In summary, entrepreneurs take huge risks, create a lot of wealth quickly and are leaders in innovation that gives them an advantage over their competition.

Marc Sparks: A Serial Entrepreneur

A serial entrepreneur is a person who starts one business after another or runs several businesses at the same time. Mr. Sparks has successfully created dozens of businesses and isn’t slowing down. He is an innovator that takes an idea and makes it happen. He has also written a book, They Can’t Eat You, based on his 35 years of success as an entrepreneur.

Marc has also been labeled an entrepreneur’s entrepreneur. This may be due to the establishment of his private equity firm, Timber Creek Capital. He has taken the knowledge he has learned over the years and started this company which mentors start-up businesses, helping them become successful. Timber Creek Capital starts with a business model and provides resources the company will need for marketing, office space, equipment, web design, staff, and more.

Philanthropy often goes hand in hand with entrepreneurship. Marc Sparks is no exception, being a supporter of American Can! Academy, a magnet high school in Dallas. He has also been involved with a homeless shelter, The Samaritan Inn, also in the Dallas area, and Habitat for Humanity.

Ski and resort entrepreneur Andy Wirth

Squaw Valley and Alpine Meadows are two well-known and highly profitable ski resorts in northern California. The president and CEO, Andy Wirth, has a career history deeply rooted in the mountain resort industry that many visitors may not be aware of. He started out in leadership in 1986 at Steamboat Springs Resort, which eventually lead to a head position at Intrawest Resort Holdings, his current position of CEO at Squaw Valley after Nancy Cushing departed in 2010, and most recently Reno-Tahoe Airport Authority Board chairman.

Mr. Wirth has always had a love for recreation and the outdoors. He served as a backcountry ranger and was on the ambulance crew of North Routt Fire Protection District. That experience gave him invaluable knowledge during a life-changing sky diving accident in October 2013. High winds forced a landing in a vineyard, where a support pole detached Wirth’s right arm nearly causing him to bleed to death. Numerous surgeries and a lengthy stay in the ICU at Davis trauma center gave him a renewed sense of appreciation for life, and he even credits the Pearl Jam song “Just Breathe” with keeping him calm during the experience. Good physical health from years as a cyclist and triathlete can be credited to his recovery.

After recovery, Wirth gathered a team to compete in Lake Tahoe’s Ironman 70.3 race and proved that determination will lead to success no matter the circumstance. A lesson of success in business and in life can be learned from the extraordinary circumstances faced by Squaw Valley CEO and philanthropist Andy Wirth.

Pauline is Still Hoping for Revival in AC

Amid the casinos, land development in Atlantic City has always had its troubles but one tract in particular is proving to be a statement of economy and resource. A recent article by Atlantic City Press paints a detailed picture of the situation. 

In the mid to late 1960’s, Pauline Hill, Atlantic City’s Housing Czar, displaced about forty – five hundred people’s homes and businesses seated on an eighty acre lot. This was done to make room for commercial development which, at the time, had several multi-million dollar proposals on the property. Since then, the South Inlet has had one real estate deal after another fall through. However, revival could be around the corner. The Casino Reinvestment Development Authority, CDRA, has until September 30th, 2015 to decide. 

 

Wasseem Boraie, VP of Boraie Development, proposed the reconstruction of lots 132 and 133 in 2012. A developer with its roots in cities throughout New Jersey, Boraie Development has erected many projects in conjunction with names like Shaquille O’Neal and continues to have a detailed vision of the future Atlantic City. 

After purchasing lots 132 and 133 for 1 million dollars in 2013, Boraie Development proposed a movie theater, ice rink and apartments. All but the 250 apartments, named the Beach, have been put on hold but could be under construction this year. John Palmieri, the executive director of the CDRA, has stated his support for the development of the lots and looked at the project as a gateway to other developments in the area.

Atlantic City has also put its support behind the project by amending architectural specifications in order to meet zoning approval. In exchange, the Beach will reserve fifty of its units for affordable housing with government controlled rates. This will also allow Boraie Development to avoid property taxes and instead make more predictable payments to the CDRA on the property. The CDRA has also agreed to invest about 30 million dollars in the project. However, due to economic problems, the city has closed three of its eleven casinos and over five thousand people have lost their jobs. The lack of revenue has almost brought the city government to bankruptcy at which it is now stagnant. Because of this, the CDRA is not reconsidering the proposed loan offer which will expire on September 30th, 2015. At least for now, it seems that Atlantic City’s South Inlet will stay the way it is.

Read the original story over at Press of Atlantic City

Check out Boraie Development on Facebook

Joseph Bismarck: How Spirituality Translates to Business Success

Joseph Bismark is a man whose personal faith and spirituality translates into his overall success as a businessman. As a member on the board of directors for Qnet, he believes in integrity, and knowing that fellow business colleagues can bond with one another for a common objective. Some people questioned whether an individual could be able to remain strong in his or her faith despite handling the day to day pressures of being involved in making decisions in the corporate world. However, Bismark has been able to allow his overall belief show as his greatest strength.

Born in the Philippines, Bismark’s path toward a spiritual calling came when he decided to become a monk when he was younger. When he entered into the business world, he decided to combine what he learned with business principles so that he could have greater peace of mind dealing with decisions that were made in the corporate structure. He believes that when success is made, this also should translate into a spiritual awakening. This should reflect into the minds and hearts of all employees so they can deal with their customers with less stress. As he moved up the corporate ladder, becoming Managing Director for the Qi Group in 2008, this proved to be true as he established himself as an emerging leader. 

As a author and motivational speaker, he talks about his principles in a means to motivate other business that would like to understand the effectiveness of this management style. It has translated into a greater understanding of how employee should deal with daily situation on the job not only with fellow colleagues, but also with customers. However, it also helps them to feel better on the overall job environment in peace and mind, which is a quality that everyone needs to have.

Originally found on Bring on the Random. Retrieved 21/7/2015.

FreedomPop Successful New Round of Funding

Suspected future profits often times cause entrepreneurs to hold on for a better offer, more money, and ultimately greater acclaim. FreedomPop, a free-to-a-limit wireless provider that leverages Sprint’s network amongst others, has sidestepped the M&A offers once again, and was able to gather up the funds they need to grow their business through private sources. The company is expanding further into Europe, which requires additional cash. At this point, with expansion being a primary component of their business plan, had they not found the funding, they would have been in the position of foregoing growth, or giving up a part of the company to obtain the necessary funding.

FreedomPop is the first 100% free wireless internet provider in the United States. Inspired by a fictional character on an HBO comedy series, when trying to secure funding, FreedomPop CEO Stephen Sokols decided independence was the way to go. They ultimately have plans to expand their menu of services, and if they were forced to give up a part of the company to foster this growth, that vision could have been altered. FreedomPop already has strong wholesale partnerships with 4G Wimax and 4G LTE mobile broadband network providers, and these partnerships are keeping the road ahead wide-open for this wireless start-up.

With the amount of interest they garner each time they look for a round of funding, much can be inferred. Investors are putting large amounts of cash into this start-up. This means that not only are they seeing how successful FreedomPop is today, investors also see the potential in this business model going forward. This confidence vote comes in the form of cash, and it is really the highest praise this company could receive. Successful rounds of funding is the best form of advertising a company could ever get, and for FreedomPop this also means they are likely here to stay.

How To Find A Good Apartment In New York City

New York City is known for it’s pricey apartments. In fact, studio apartments can cost you well over 3,000 dollars a month. These types of rent are unheard of in areas outside of the city. It can be difficult to find an apartment for an affordable price. However, there are plenty of resources out there to help you to find the best deals that you can get.

One option for looking for apartments in New York City is to search in flyers and guides. These listings are unlikely to be rental scams, but they may not give the full picture of apartments available in New York City. These listings can be found in many locations around New York City. Sometimes, apartments are even listed in the morning paper.

Another way to look for NYC luxury real estate through the internet. The internet has a number of different websites that can help you to find an affordable apartment. Of course, beware of rental scams. Do not send money to anyone you have not arranged to meet in person. Many apartment offers on these websites are legitimate. However, there is a surprising number that aren’t. There are many websites out there dedicated to this purpose, such as apartments.com, padmapper.com, and rent.com.

If you are very serious about getting the best deal that you can, going to a real estate agency might be a good idea. Real estate agents can often times help people to find apartments within their price range. One example of a real estate agency that can work with people to find apartments is Town Real Estate. Town Real Estate not only has agents that can help you, but they also have a search feature online. This search feature can help you to find the best deal for your money.

Hillary Clinton Introduces Comical Grilling Items To Her Campaign Site

Presidential campaigns are just now getting started as candidates have announced their intentions to run reports Lime Crime. The preliminary elections are still pretty far away but candidates are still working to get their names out there by traveling the nation, meeting and greeting locals, and so on. Back in the day there were political pins that were simple, cheap advertising for a certain candidate, that is too retro for presidential hopeful Hillary Clinton. She has some interesting gear available on her campaign website, namely more useful items than a pin. There are beer, or soda, koozies aptly named the “Chillery Clinton” plus the accompanying “Grillery Clinton” collection which includes a spatula with her logo, also equipped with a bottle opener, cups, and an apron that says “H-2-Oh Yeah!”. It seems that Clinton is starting her campaign in a different, more easily connectable way. Product branding a new tactic to get our nation’s attention and it seems like a pretty good idea.

She’s Serious this time

The Clinton campaign is on track to garner $45 million in the first quarter of this year. This is the largest haul in history. She finally beat Obama who raised 41 million in a quarter in the 2012 election who previously owned the title. These are small donations because superpacs and campaign friendly large donors are excluded. Of course, Jaime Garcia Dias points out that republicans that lauded the Citizen’s United Supreme Court ruling are now crying foul about her large haul which has never been replicated by a republican candidate. Republicans that pushed the case through were operating under the myth that republicans would be more able to raise enough money in elections. They have yet to be competitive in a presidential contest since the ruling.

For Contrast, Tea party darling Ben Carson raised $8 million in the first quarter. The reported Clinton donations that totaled the $45 million were all from donations of $100 or less. These are considered personal donations. It also cements her prowess as a front-runner for both republican and democratic contenders. Recent polling shows her lead has only increased. At this same time, some of the most major republican contenders are losing ground and may be excluded from their debate schedule. This shows that republicans have committed to Jeb but are not quite aware that his appeal is more palatable than the rest of the republican field. However, donations show Clinton as dominant.

My Political Thoughts. NOT the Politician.