Mutual Finance

There will be many times in our lives when we are forced to deal with change, disappointment, and failure. These events should not be viewed negatively, but as opportunities to uncover routes to greater success. Life often presents us with these opportunities, yet they are disguised as obstacles, roadblocks, and detours. If we exhibit keen insight, these “obstacles” will offer us lessons that could be learned by no other means. It is up to us to overcome emotional let downs and find ways to thrive in the midst of these temporary setbacks. In the face of great challenges, here are a few ways to get you back on track.

Assess and Correct
In order to correct our missteps, it is of paramount importance that we understand the root cause of our failures. Determine if the basis was flawed planning, faulty execution, or competitive pressure. When you understand the cause, it becomes much easier to design an effective countermeasure.

Look for the Message or Meaning in Failure
Through change, disappointment, and failure, there is a message being communicated; a weakness that is being brought to your attention. Failure is one of life’s most valuable teachers. It will redirect your course to more favorable paths.

Change Direction
With your analysis, determine if your failure was based on an improper course. Don’t let your ego blind you to the fact that you may need a new plan. Failure often reveals subtle details that can lead you to enormous success on your subsequent attempts. It may be appropriate to change direction. Look for the lessons revealed in your efforts, whether they are success or failure. Evaluate your method to determine if it is still the most logical course of action.

Compare Yourself to Successful Organizations and People
Seek to identify and adopt the best practices of the most successful organizations and people. By modeling their behaviors, strategies, and tactics, you follow a proven roadmap to success. Also presented is the opportunity to improve upon methods to uncover breakthroughs that can help you dominate in your field.

Consult with Experts
Another surefire way to get back on track is to consult with experts in the field. They can give you insights into areas you might have overlooked. Seek professionals who can help you identify and improve the areas that most directly impact your success. The benefits will far outweigh the costs.

Form Strategic Partnerships
A smart way to recover from setbacks and position yourself for future accomplishment is to form strategic partnerships. The right partnership will create a synergy that will multiply the return for all parties involved. One of the key factors to look for in a partnership is someone that compliments you and your organization, whose strengths are your weaknesses, particularly in the areas of your life and business that have the greatest impact. By forming such partnerships you will see immediate returns because you have aligned yourself with experts; the development time will be much shorter.

Think bigger
Often times we miss opportunities because our thinking is too narrow. Fortune favors the bold; think large, be decisive. Thinking big will put you in contact with different types of people that agree with your way of thinking. The relationships you forge are a direct reflection of your mentality. Thinking on a larger scale will create a different level of interest in your project. Many times it can be easier to raise ten million dollars in funding than one million.

Focus
Opportunities also exist in a narrow scope. To make advancements, consider the archer’s concentration. By concentrating on fewer, but key areas, you can thrive in the midst of change, disappointment, or failure. Evaluate the areas of your life or business that have the greatest impact on your success and direct your focus there.

Get More Knowledge/Education/Retrain
There will be times where you realize your skill set or the skill set of your staff is insufficient to meet the competitive demands of your field. Therefore, it is imperative that you constantly look for opportunities to keep your skills updated. In your pursuit, determine if your lack of knowledge was a contributing factor to your lack of success. If you don’t update your skills, you will find failure at your doorstep. Others in the market place are constantly improving; you must do the same if you expect to effectively compete.

Vicky Therese Davis, William R. Patterson, and D. Marques Patton are co-authors of the acclaimed business and personal finance National Bestseller, The Baron Son: Vade Mecum 7. Vicky Davis is Founder and Chief Executive Officer of Indulgence Jewelry Corp. William Patterson is Chairman and Chief Executive Officer of the Warcoffer Capital Group, LLC. D. Marques Patton is President and Chief Operating Officer of The Warcoffer Capital group, LLC. To receive their breakthrough book and over $3,631 in FREE bonus gifts, visit: http://www.baronseries.com

Share This

The Creator of heaven and earth says: "Beloved, I wish above all things that you may prosper and be in health, even as your soul prospers" (3 John 1:2).

If they obey and serve him, they shall spend their days in prosperity, and their years in pleasures (Job 36:11).

Here are some simple ways you can obey and serve the Lord daily, whereby you shall begin to prosper.

1. Be strong spiritually and courageously obey God despite the cultural reistance.

Only be thou strong and very courageous, that thou mayest observe to do according to all the law, which Moses my servant commanded thee: turn not from it to the right hand or to the left, that thou mayest prosper withersoever thou goest. This book of the law shall not depart out of your mouth; but you shall meditate therein day and night, that you may observe to do according to all that is written therein: for then you shall make your way prosperous, and then you shall have good success (Joshua 1:7-8).

2. Serve God with gladness of heart and favor His righteous cause.

Let them shout for joy, and be glad, that favour my righteous cause: yea, let them say continually, Let the LORD be magnified, which hath pleasure in the prosperity of his servant (Psalm 35:27).

3. Live fearlessly knowing God will protect and sustain you.

And he said unto me, The LORD, before whom I walk, will send his angel with thee, and prosper thy way (Genesis 24:40).

4. Cultivate prosperity within by being established in your self-worth.

Prosperity begins on the inside. Notice before God prospered Judah and Israel materially that He first established them in abundance of peace and truth within. Before God’s people could be a praise and honor to all the nations, they first had to be cleansed and purified within.

Behold, I will bring it health and cure, and I will cure them, and will reveal unto them the abundance of peace and truth. And I will cause the captivity of Judah and the captivity of Israel to return, and will build them, as at the first. And I will cleanse them from all their iniquity, whereby they have sinned against me; and I will pardon all their iniquities, whereby they have sinned, and whereby they have transgressed against me. And it shall be to me a name of joy, a praise and an honour before all the nations of the earth, which shall hear all the good that I do unto them: and they shall fear and tremble for all the goodness and for all the prosperity that I procure unto it (Jeremiah 33:6-9).

Once first things first were taken care of, that is the peoples purification, God showed them His goodness and rapidly brought increase. God even considered their cities to be His own and sought to prosper their cities.

Cry yet, saying, Thus saith the LORD of hosts; My cities through prosperity shall yet be spread abroad; and the LORD shall yet comfort Zion, and shall yet choose Jerusalem (Zechariah 1:17).

Though Joseph was sold by his own brothers as a slave to the Egyptians, he maintained a pure heart before God. Because Joseph prospered in his heart and soul inwardly, staying close to the Lord while in slavery; God Almighty prospered him wherever he went. No matter the circumstances outwardly, because Joseph propspered inwardly with God, he mightily prospered outwardly no matter where he was in the earth.

5. Purpose to prosper wherever you go, under any circumstance remembering God is with you.

And Joseph was brought down to Egypt; and Potiphar, an officer of Pharaoh, captain of the guard, an Egyptian, bought him of the hands of the Ishmeelites, which had brought him down thither. And the LORD was with Joseph, and he was a prosperous man; and he was in the house of his master the Egyptian. And his master saw that the LORD was with him, and that the LORD made all that he did to prosper in his hand (Genesis 39:1-3).

Before you will ever experience prosperity, you must first be prosperous within. Prosperity is a state of mind. When you are grateful you can be full of greatness!

6. Walk in the light of God’s Word.

Keep therefore the words of this covenant, and do them, that you may prosper in all that you do (Deuteronomy 29:9).

7. Seek the counsel of the Lord and a reputable mentor.

Seek the counsel of the Lord before moving out occupationally. Ask the Lord where He has gifted you and what line of employment to pursue. Listen attentively to what the Holy Spirit tells you and boldly make a move.

Ask counsel, we pray thee, of God, that we may know whether our way which we go shall be prosperous (Judges 18:5).

8. Work your gifts daily to realize your dreams.

Now faith is (Hebrews 11:1). Believe for God’s best today and put feet to your faith (James 2:26). Take immediate action expecting prosperity to break forth for you on every side, in evey way possible. Know assuredly God is fighting for you!

9. Purpose in your heart that this is your time for breakthrough and increease.

Save now, I beseech thee, O LORD: O LORD, I beseech thee, send now prosperity (Psalm 118:25).

10. With a transformed identity and self-image (seeing yourself as a victorious child of God) exercise your God-given power, authority, and creativity to get wealth.

Arise and shine! This is your finest hour and the revealing of God’s power to get wealth. Now go get it in Jesus’ Name, giving glory and honor to God when you do!

Paul Davis is a life coach (relational & professional), traveling minister and fitness trainer. Paul is the author of several books including Breakthrough for a Broken Heart; and God vs. Religion. Paul is a popular worldwide keynote speaker, creative consultant, humor being, adventurer, explorer, mediator, minister, liberator and dream-maker.

Paul’s compassion for people & passion to travel has taken him to over 50 countries of the world where he has had a tremendous impact. Paul has served in many war-torn, impoverished and tsunami stricken regions of the earth. His nonprofit organization Dream-Maker Ministries is building dreams, breaking limitations and reviving nations.

Paul’s Breakthrough Seminars inspire, revive, awaken, impregnate with purpose, impart the fire of desire, catapult people into a new level of self-awareness, facilitate destiny discovery and dream fulfillment.

Contact Paul to minister, speak at your event or for life coaching: RevivingNations@yahoo.com 407-967-7553.

For additional info: http://www.DreamMakerMinistries.com, http://www.CreativeCommunications.TV

Share This

Brand name of a product has certain value to a company. How do we value a brand and how does it affect the fair value of a common stock? There is no definite way of doing it since a brand is worth more to some than to other people.

Brand is valued in the balance sheet under ‘Intangible Assets’ or ‘Goodwill’.. Each company values their brand differently but they all agree that brand name has certain value.

What is the best way to value a brand? Nobody knows for sure. One can only give his reasoning and then value the brand accordingly. Here, I will explore the possibility of valuing a brand based on asset value and based on the value of the common stock.

Let’s use a familiar brand name. Coca Cola Company (KO) has one of the most valuable brand in the world under the Coke brand name. How much is it worth? We can go to any grocery stores to verify. Grab a bottle of Coke and a bottle of generic cola. What is the price difference? We can argue that the price difference is due to the Coke brand name. Let’s assume a price difference of 10 cents. Let’s assume that Coke sold 1 Billion bottles of Cokes each year. This implies an additional $ 100 Million due to value of Coke brand. What is the fair value of a brand? Assuming a 7.5% yield (P/E of 13.4), the value of Coke brand is $ 1.34 Billion.

Please note that this is a very rough estimation of brand value . We just assume the same 10 cents product differential everywhere. Coke sells to almost every corner of the world and the price differential is not always 10 cents every time. Furthermore, as you may know, if Coca Cola is not selling that much Coke this year, the value of the brand will drop and vice versa. Therefore, the value of the Coke brand will fluctuate depending on the sales of the product. Supply disruption will result in lower sales. If there is a disruption in supply, which has nothing to do with brand value, the value of the brand will decrease as well.

Should we care about the value of a brand when investing in the stock? Yes and No. Yes, if you are valuing the company on the basis of asset value. If the value of the brand is a significant part of the balance sheet, then you should include it to value the overall net asset of the company. If a stock is traded at $ 10 per share while the net book value with the brand value included is $ 15 per share, then investors might profit by buying the stock at $ 10 per share.

For our version of fair value, valuing a brand name is not necessary. This is because the fair value of a common stock is correlated with the profits generated by the company. What is the brand name of Enron when it cannot produce a profit under this scenario? Zero. In general, we should not care much about the value of a specific brand. All we are trying to do as investors is to buy undervalued investments. We should compare the profit generated by the company with the price of the common stock, not with the value of the brand.

Finding the fair value of a common stock is more important than the fair value of a brand. You can get free investing lesson by visiting http://www.noviceinvesting.com

Share This