Wednesday, December 12, 2012

GOAL & DREAMS : Which One You Have..?


When people speak about dreams it bothers me internally. I was taught when I was younger, nothing comes to a sleeper but a dream, so a dream was never part of my thought process it was always goals. I despise dreamers with a passion because dreaming is a form of wishing, which holds no action ability within the concept.

Graduating from Full sail University started out as a dream to me when I was a tenth grader in high school. I continuously contacted the school for more information; I was told there was no financial aid available. I was miserable because my mother was pressuring me to go to college but it wasn’t visible in my lane of life at the time, unless it was full sail University.

Growing up in Columbus Ohio was quite of an interesting experience. I lost a lot of my friends to death or the penitentiary at a young age, due to gang and criminal activity. These events gave me inspiration to follow my intuition to achieve my goals. I found an outlet through creative content, to release stress and tension off my chest, though music.

I chose to leave the city and attend a historical black college, Central State University to escape the madness that was surrounding me inside the inner city.
Then a drastic change occurred in my life, which will never be forgotten. I was performing my music at a local club in Columbus, and seen a individual who actually shot one of my childhood friends right in front of me, At the time I was a young and did not think much. I proceeded to approach the man in anger, not knowing he was carrying a gun, he pulled it out and tried to shoot me in the head. Some how I manage to block the bullet from my head, with my hand.

This experience prepared me to follow goals instead of dreams. I’ve become more humble and more ambitious than I’ve ever been, in a blink of an eye I could have ended up another name on the list of homicides in Columbus. But my purpose is greater than I can begin to image I believe GOD will allow me to be everything I want to be through him, and I will be successful and a legend due to my works and passions. 

Friday, November 30, 2012

3 Alternative Funding Sources for Business


The world of business is a very broad industry with individuals all around the globe who has intentions of become successful.  Great ideas can only become a successful business with the appropriate funding and guidance from an expert.  The majority of business entrepreneurs are in debt with the government due to past endeavors that life has presented to them. There are three alternatives from funding sources that can take your business to the next level if you have a good idea or passion for something in particular.

The first alternative for funding would be royalty lending. In royalty lending process the money is returned when your business starts to create revenue. Instead a fixed payment plan you will pay back to the investor the loan is paid back when the company becomes successful. This idea is great for companies that will be during a certain season that has unexpected revenue gains. It allows the owner of the company to have 100%. On the flip side of royalty lending would be instant debt that can last a long period of time, the outcome can be a pro or con to your company.

The second alternative for funding would be crowd funding. In this matter there would be multiple investors you would present your business plan to who are not certified investors. Crowd funding is similar to your friends or family giving you financial backing for your company. The flip side to crowd funding is the amount of money you can raise may be limited.

The third alternative for funding would be sock loans, which is based on the quality of the sock. Your business may be in devastating condition but if stocks are profitable the loan will be approved. You will be giving up stock in your company so when revenue picks up within the company it will be directly transferred in the lenders bank account, But if you lose stock, which was invested in by the lenders then you may be carried with tax ramifications.

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Wednesday, November 14, 2012

OPRAH & TRUMP- INSIDE THE BUSINESS


Oprah Winfrey and Donald Trump are two of the most successful entrepreneurs in business today. They both have been through trial and tribulations in life, which led them to financial greatness. Both individuals are business oriented an have given essential advice to potential business owners.

Oprah Winfrey spoke on the importance of having intellectual people around you to achieve high results. I intend to incorporate this in my business plan by not selecting friends, but people with the same vision as me. I have a problem with helping others when I should focus on my main goals. In the same thought those individuals I help will not return the same actions, when I need it. This can be a drastic fall for my business if I continue to cater to those less ambitious than me. The changes I have made in my business plan upon Winfrey statement will be my staffing. My staffing will be limited upon request due to start up, and equipment cost.  I will only hire people who can intellectually help me take the company to the next level, with the proper expertise and passion.

Donald Trump gave excellent advice to potential business owners when writing a business plan. Trump understands how far a good idea could go with the proper plan behind it. He stresses that a solo practitioners will be the worst off in this situation, and a solo practitioner I am. I will review my actual plan so I understand it thoroughly, and can explain to an investor to understand quickly and clearly. The changes I have made to my plan, is to keep it realistic and reachable. I cut my start up cost, and added more product lines to generate profit easier and quicker as well.

Duboole OO Visions business plan will be ready for investors December 2012. The most important sections in my business plan are the company descriptions and marketing plan. The company’s description will grab the investor, through morals and intentions of the company; it will describe the social need for the company’s service. The marketing plan will diverse me from other similar business because the structure is unorthodox.





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