START-UP: WHEN, WHAT AND WHERE TO START? (PART I)

“Start-up“ two words that say something beautiful, noble and quintessential in a person’s life! It is not just the memories but the destiny that accompanies the will, energy, and aspiration of a person who wants to give themselves a social status.
Today, the world of technology witnesses many successful entrepreneurs who are only over the age of 20. In many economies, where tectonics are not yet popularized, tectonic culture is The global community that has quickly set the criteria for solving community problems with inventions or innovative solutions. Some people choose to start a business to implement their own creative ideas in many areas.
Steve Jobs of Apple, Sergey Brin and Larry Page of Google, Bill Gates of Microsoft, Larry Ellison of Oracle and recently famously Zuckerberg of Facebook all started their career and succeeded in their twenties. In the field of patent or complex industries such as oil and gas, there are many talented young people. Michael Reger created the Northern Oil and Gas Group at the age of 30. Was there a rejuvenation of the age of starting a business?
At one time, venture capitalists considered investing in young businesses, especially in the information technology industry, a benchmark. There was a time when Americans thought that “smart enough, he went to Stanford, Harvard, smart enough to drop out and start a career”.

Comments

Post a Comment

Popular posts from this blog

LEARNING HOW TO BE RICH AS AMERICAN

Image
American households with an average total net worth of about USD 90 million often invest smartly by putting money in many areas, few businesses and trying to keep the investment tax rate to a minimum. Three economists including Luis Viceira of Harvard Business School, Enrichetta Ravina of Columbia Business School, and Ingo Walter from Stern Business School, analyzed the holdings and transactions of over 260 super-rich families from 2000 to 2019. This data is an anonymous private company involved in managing the accounts of these families. What are the advantages of these rich investors? First of all, they make good use of common comparative advantages or particular strengths. They can access privileged investments and hold large sums of money for a long time. These super-rich investors often put 20% of their wealth in hedge funds and other forms of private equity or provide both capital and management advice to the fledgling company and then waiting for potential pr...
Read more

SURPRISED TO KNOW HOW AMERICANS BECOME RICH

Image
Hiring, investing, or becoming an entrepreneur are the three main ways for Americans to become rich. Only 10% of their wealth is due to inheritance from parents. Stories of getting rich quickly are popular, but in fact, the majority of the rich don’t suddenly get rich after one night. A survey of wealthy origins for nearly 700 Americans with at least $ 3 million in assets shows “the American Dream” – a belief in freedom that allows all those living in the United States to be pursued. the goal in their lives by their ability rather than social status – still exists. “The wealthy families in the United States retain their assets from generation to generation because they have traditional values ​​and deep beliefs,” said Chris Heilmann, director of the US Trust, who conducted the survey. on themselves, not the privileges they possessed as adults. The advantages in life do not come from financial conditions or inheritance rights, but the basic values ​​that the famil...
Read more

WHY DO BUSINESS IN AMERICA IS EASILY SUCCESSFUL (PART II)

Image
Flexible labor contracts The employment contract expresses the free will of both parties: The employer and the employer help both to be fair before the law. Labor is also a good selling and purchasing commodity. The law protects the original agreement between the two parties. Therefore, businesses are free to recruit their own satisfied personnel. The first type is “At-Will”: it is a voluntary labor contract between the two parties and this is considered as the main type of contract used in the US for most companies, firms, and factories. This type of “At-Will” allows an employer to leave an employee or quit an employee for no reason. The second type of “Just-Cause” contract: only allow the employer to fire employees if there is a good reason. This type of contract is often found in large and long-standing companies in the United States, or can also be found in labor contracts signed by a union. When you sign a labor contract with a union, the employer or the manager o...
Read more