Spiritual - Planning next trip to Thailand!

This time we are also taking a cruise starting in Sydney, Australia and cruising around New Zealand.

http://unclebobyolo.blogspot.com

Relationships - What is Vistage?

Intellect - World Economics for Dummies

World Economics for Dummies

Economic Models explained with cows

SOCIALISM: You have 2 cows. You give one to your neighbour.

COMMUNISM: You have 2 cows. The State takes both and gives you some milk.

FASCISM: You have 2 cows. The State takes both and sells you some milk.

NAZISM: You have 2 cows. The State takes both and shoots you.

BUREAUCRACY: You have 2 cows. The State takes both, shoots one, milks the other, then throws the milk away.

TRADITIONAL CAPITALISM: You have two cows. You sell one and buy a bull. Your herd multiplies, and the economy grows. You sell them and retire on the income.

SURREALISM: You have two giraffes. The government requires you to take harmonica lessons.

AN AMERICAN CORPORATION: You have two cows. You sell one, and force the other to produce the milk of four cows. Later, you hire a consultant to analyse why the cow has dropped dead.

ENRON VENTURE CAPITALISM: You have two cows. You sell three of them to your publicly listed company, using letters of credit opened by your brother-in-law at the bank, then execute a debt/equity swap with an associated general offer so that you get all four cows back, with a tax exemption for five cows. The milk rights of the six cows are transferred via an intermediary to a Cayman Island Company secretly owned by the majority shareholder who sells the rights to all seven cows back to your listed company. The annual report says the company owns eight cows, with an option on one more. Sell one cow to buy a new President of the United States, leaving you with nine cows. No balance sheet provided with the release. The public buys your bull.

THE ANDERSEN MODEL: You have two cows. You shred them.

A FRENCH CORPORATION: You have two cows. You go on strike, organise a riot, and block the roads, because you want three cows.

A JAPANESE CORPORATION: You have two cows. You redesign them so they are one-tenth the size of an ordinary cow and produce twenty times the milk. You then create a clever cow cartoon image called 'cowkimon' and market it worldwide.

A GERMAN CORPORATION: You have two cows. You re-engineer them so they live for 100 years, eat once a month, and milk themselves.

AN ITALIAN CORPORATION: You have two cows, but you don't know where they are. You decide to have lunch.

A RUSSIAN CORPORATION: You have two cows. You count them and learn you have five cows. You count them again and learn you have 42 cows. You count them again and learn you have 2 cows.
You stop counting cows and open another bottle of vodka.

A SWISS CORPORATION: You have 5000 cows. None of them belong to you. You charge the owners for storing them.

A CHINESE CORPORATION: You have two cows. You have 300 people milking them. You claim that you have full employment, and high bovine productivity, and arrest the newsman who reported the real situation.

AN INDIAN CORPORATION: You have two cows. You worship them.

A BRITISH CORPORATION: You have two cows. Both are mad.

AN IRAQI CORPORATION: Everyone thinks you have lots of cows. You tell them that you have none. No-one believes you, so they bomb the **** out of you and invade your country.
You still have no cows, but at least now you are part of a Democracy....

A WELSH CORPORATION: You have two cows. The one on the left looks very attractive.

AN AUSTRALIAN CORPORATION: You have two cows. Business seems pretty good. You close the office and go for a few beers to celebrate.

Intellect - How to start a new Business Project

The economy sucks, you've tapped your family and friends, so where do you look for financing your great business idea?

First Step.......Write a business plan....include budgets and marketing plans

http://web.sba.gov/busplantemplate/GenRpt.cfm


Second Step........ See Step One...... Write a business plan....investors want to gauge your seriousness.

Here is a list of websites that might help provide the resources you'll need......


http://www.kickstarter.com/
http://www.wickedstart.com/public_home
http://www.kiva.org/
http://www.appbackr.com/
http://www.mynewcompany.com/findingthemoney.htm
http://wisepreneur.com/entrepreneurship/new-ventures-is-peer-to-peer-lending-a-good-funding-solution
http://www.newventurementors.org/funding-approach.html
http://usgovinfo.about.com/od/smallbusiness/a/flbusiness.htm
http://www.slideshare.net/Freddy56/new-venture-financing
http://www.entrepreneur.com/blog/223818
http://www.inc.com/guides/finance/20797.html
http://www.instigatorblog.com/how-to-raise-startup-financing/
http://mashable.com/2011/04/12/tech-financing-changes/
http://www.funded.com/?gclid=COve2NTrrbECFQTqnAod-ywAuw
http://www.prosper.com/
http://www.socialbrite.org/2011/04/26/15-ways-to-crowdfund-your-startup-or-project/


Third Step...........

Remember - Never Give up!


Remember to check my Business Blog for up to date information to help you build your business!

http://unclebobbusinessandfinance.blogspot.com

Spiritual - A lesson in irony:

The Food Stamp Program, administered by the U.S. Department of 
Agriculture, is proud to be distributing the greatest amount of free
meals and food stamps ever.

Meanwhile, the National Park Service, administered by the U.S. 
Department of the Interior, asks us to "Please Do Not Feed the 
Animals."

Their stated reason for the policy is because the animals will 
grow dependent on handouts and will not learn to take care of 
themselves. 

This ends today's lesson.