Tag Archive for 'Importance'

A Tale of Two Companies: The Importance of Monitoring Cash Flow in Net/Nets

A Tale of Two Companies: The Importance of Monitoring Cash Flow in Net/Nets
By John Emerson. One of my readers recently sent me a personal message requesting that I discuss in detail my best stock purchase. I was on vacation in the mountains when I received the request so I had a good deal of time to reflect upon his question as I took long walks enjoying the majestic beauty of the mountains, beautiful songbirds, the emerging wild flowers, and the clean mountain air …
Read more on Guru Focus

Brett Arends’ ROI: Move over, Uncle Sam; top dividends beat bonds
Thanks to the turmoil on Wall Street, many blue-chip stocks now offer better income than Treasurys, writes Brett Arends.
Read more on Market Watch

Nelson fundraiser has big names
Warren Buffett and the leader of Union Pacific are among those set to attend the Friday night event.
Read more on Omaha World-Herald

Celebrities to Spotlight the Importance of Charity with ?Hollywood Pledge?

Celebrities to Spotlight the Importance of Charity with “Hollywood Pledge”











Hollywood Pledge Logo


Hollywood, CA (PRWEB) June 01, 2011

Inspired by Bill Gates & Warren Buffett’s Giving Pledge, the Give Back Hollywood Foundation has brought together some of the biggest names in music, fashion, sports and entertainment to demonstrate their commitment to philanthropy with the launch of the “Hollywood Pledge” and its website http://www.HollywoodPledge.com. Stars who have already taken the Pledge include Laurence Fishburne, Richard Gere, Dwight Howard, Hugh Jackman, Jewel, Kim Kardashian, Ricky Martin, Kelly Osbourne, Rachel Zoe, Jordin Sparks, Denzel Washington, and many others.

Celebrities take the Hollywood Pledge through the HollywoodPledge.com website and list the charity or charities they support. Fans are also encouraged to give back, whether through monetary donations, volunteer work, or just getting involved in their communities to make a difference.

“For more than seven years, The Give Back Hollywood Foundation has linked celebrities with meaningful causes and produced hundreds of charity events, especially those focused on children, health and disaster relief,” explains founder and president Todd Krim. “The Hollywood Pledge, inspired by the ‘Giving Pledge,’ is a natural evolution of this effort and intended to drive the adoption of charity causes by the leading figures in entertainment, which in turn can become an incredible motivator for fans worldwide to embrace the same commitment.”

The ABC Television Network, The Hollywood Reporter and the Screen Actors Guild Foundation have signed on as official partners of the Hollywood Pledge. All three of these organizations have pro-social initiatives, ABC’s “A Better Community,” The Hollywood Reporter’s July issue focusing on “Philanthropy and Hollywood,” and the Screen Actors Guild Foundation’s Children’s Literacy Initiative. Additional sponsors of the Pledge include JetBlue, Fashion Forms, Glam Rock Watches, Coca-Cola, L’Anza Healing Haircare, LePosh Salon, Niche Your Home, Coffee Bean, Honfoto and Fig & Olive.

The Give Back Hollywood Foundation will host an exclusive VIP Hollywood Pledge Launch Party and Beauty Retreat at a private mansion in Beverly Hills on Saturday, June 4th from 11:00 a.m. to 4:00 p.m. Guests will be introduced to the Pledge and given the opportunity to use social media to support various charities including DoSomething.org (http://www.dosomething.org), Cancer Research Institute (http://www.cancerresearch.org), Can-Do (http://www.can-do.org), the Screen Actors Guild Foundation (http://www.sagfoundation.org) and Children’s Miracle Network Hospitals (http://www.cmnhospitals.org) which will be launching its 100 Million Miracles Campaign at the event. Guests will also be treated to beauty services such as massages, manicures, pedicures and hairstyling, along with a sponsored open bar featuring VNC Cocktails and catered culinary delights from some of Hollywood’s favorite restaurants and Chef Micah Killough. Buddha Bar-style grooves by DJ Josh LeCash and actress Taryn Manning as well as a live musical performance by American Idol finalist Blake Lewis are among the highlights of this one-of-a-kind event.

ABOUT GIVE BACK HOLLYWOOD

The Give Back Hollywood Foundation is a 501 (c)(3) public charity formed to assist members of the entertainment industry in “giving back” by raising funds & awareness for non-profits everywhere with an emphasis on children, health and disaster relief. Because each celebrity and each company we work with support or endorse different charities and causes, we aim to benefit the most charities and causes imaginable through our events, programs and celebrity matching efforts. For more information, please visit http://www.GiveBackHollywood.org.

ABOUT THE HOLLYWOOD REPORTER

A legendary publication that has serviced Hollywood for 80 years, The Hollywood Reporter underwent a radical makeover in November, with a dramatically redesigned website and a new glossy weekly magazine format. The Hollywood Reporter is the definitive interpretive voice of the entertainment industry. Smart, incisive stories and breaking news are delivered across a multimedia platform that also includes bi-monthly special reports, quarterly glossies, a daily news PDF, iPad app and events The Hollywood Reporter is read by the most powerful people in the entertainment industry and the most influential consumers who follow it–those who shape desire, set trends and ultimately drive culture–providing an unmatched level of access and influence The Hollywood Reporter is an asset of Prometheus Global Media (http://www.prometheusgm.com) a potent catalyst in influencing popular culture. Prometheus assets include Billboard and Adweek.

ABOUT THE SCREEN ACTORS GUILD

Founded in 1985, the SCREEN ACTORS GUILD FOUNDATION is an educational, humanitarian and philanthropic 501(c)(3) non-profit organization. Governed and funded independently of SAG, the SAG FOUNDATION offers substantive services to Guild members, free of charge, in its mission to assist, educate and inspire actors toward their fullest potential in career, life and community. For more information, please visit http://www.sagfoundation.org or call (323) 549-6708.

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The Importance of Intuition and Trust in Personal and Business Success

Intuition is often viewed more as a feminine trait but men use their intuition as well. Best-selling author, Marc Allen, reflecting on one of his mistakes regarding a business deal that went sour, said in a teleseminar,

“My first gut impression when I looked in his eyes was “Don’t trust this guy”. That was my initial intuitive impression and ever since then I’ve never denied that intuitive impression. I always wanted to meet people face-to-face. Just look in their eyes and you get a lot of intuitive information.”

Allen’s intuition was proved right when the company that this guy was brought in to manage went belly-up.

Some people underestimate the power of their intuition but it is not just a whim. Intuitive thought or a hunch is often the result of, among other things, our senses taking in and analysing a mass of data and helping us to formulate an opinion on the subject and assess a situation in a uniquely insightful way manner.

So as Dr Joyce Brothers said,

“Trust your hunches. They’re usually based on facts filed away just below the conscious level.”

However, like most things, intuition is a skill that must be honed so here are five ways to improve your powers of intuition:

1. Accept that intuition exists and is a gift that can help you to reach your goals faster.

2. Discover what fears you have that prevent you from using your intuition fully.

3. Follow your intuition – when you hear that quiet voice, when you have inspired thought, act on it.

4. Practice extreme self-care – take care of mind, body and spirit by exercising regularly, eating healthily, drinking plenty of fresh water and getting adequate rest this will make you more receptive to intuitive thoughts.

5. Keep a journal – you may be able to see patterns that emerge when you have intuitive thought.

Intuition and trust go hand in hand. You cannot exercise your intuition without also using trust and when you trust you often have to rely on your instinct or intuition. There are many situations that don’t allow the time for other mechanisms for building trust to come into effect. Sometimes we have to make a snap decision relating to matters that can involve large sums or money or even our well being.

The richest man in the world, legendary billionaire stock market investor, Warren Buffett and CEO of Berkshire Hathaway, provides a great example of the value of trust in business success. Company mergers can be complex and drawn out affairs involving an army of lawyers, accountants and the like. It can sometimes take up to a year to finalise details.

However, when some years ago, Berkshire Hathaway bought McLane Distribution Company from Wal-Mart the transaction was finalised in record time. Following a 2-hour meeting the acquisition was finalised in just under a month. And we’re not talking about trifling sums here.

This was a billion transaction.

Both companies were public and therefore their records could be scrutinised by the public. Warren Buffett said,

“I trusted Wal-Mart, I trusted the people I worked with. I knew everything would be in exactly the order that they said it would be, and it was.” He said, “We did no due diligence.”

Can you see the advantages of being able to operate under such an umbrella of complete trust? As Indira Gandhi said,

“You can’t shake hands with a clenched fist.”

A word of caution – this deal may have been lightning fast but this relationship was gradually built up over time. However, building trust is something we are all capable of and need to develop if we are to be successful in building any sort of relationships whether personal or business.

Here are five simple ways you can create trust in your relationships:

1. Be open, transparent and scrupulously honest in your business dealings;

2. Stick to your word – be known as someone who is completely reliable;

3. Under-promise and over deliver – people love to receive unexpected bonuses;

4. Refrain from gossiping about your colleagues or business partners, it is unprofessional and can seriously backfire; and

5. Take responsibility for your actions especially when things go wrong. Similarly, give credit where credit is due.

Trust and intuition are inexorably linked. To be able to tap into your intuition you have to learn how to trust yourself and as Cardinal de Retz said:

“A man who doesn’t trust himself can never really trust anyone else.”

Intuition and trust are just two elements that one should master to achieve maximum business success. To learn the secrets to achieving business success whether you’re are just starting out in business or have an established business visit the Billionaire Business Success School. Be mentored by a self-made billionaire for less than the cost of a newspaper per day.


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Related Warren Buffett Articles

The Importance of Intuition and Trust in Personal and Business Success

Intuition is often viewed more as a feminine trait but men use their intuition as well. Best-selling author, Marc Allen, reflecting on one of his mistakes regarding a business deal that went sour, said in a teleseminar,

“My first gut impression when I looked in his eyes was “Don’t trust this guy”. That was my initial intuitive impression and ever since then I’ve never denied that intuitive impression. I always wanted to meet people face-to-face. Just look in their eyes and you get a lot of intuitive information.”

Allen’s intuition was proved right when the company that this guy was brought in to manage went belly-up.

Some people underestimate the power of their intuition but it is not just a whim. Intuitive thought or a hunch is often the result of, among other things, our senses taking in and analysing a mass of data and helping us to formulate an opinion on the subject and assess a situation in a uniquely insightful way manner.

So as Dr Joyce Brothers said,

“Trust your hunches. They’re usually based on facts filed away just below the conscious level.”

However, like most things, intuition is a skill that must be honed so here are five ways to improve your powers of intuition:

1. Accept that intuition exists and is a gift that can help you to reach your goals faster.

2. Discover what fears you have that prevent you from using your intuition fully.

3. Follow your intuition – when you hear that quiet voice, when you have inspired thought, act on it.

4. Practice extreme self-care – take care of mind, body and spirit by exercising regularly, eating healthily, drinking plenty of fresh water and getting adequate rest this will make you more receptive to intuitive thoughts.

5. Keep a journal – you may be able to see patterns that emerge when you have intuitive thought.

Intuition and trust go hand in hand. You cannot exercise your intuition without also using trust and when you trust you often have to rely on your instinct or intuition. There are many situations that don’t allow the time for other mechanisms for building trust to come into effect. Sometimes we have to make a snap decision relating to matters that can involve large sums or money or even our well being.

The richest man in the world, legendary billionaire stock market investor, Warren Buffett and CEO of Berkshire Hathaway, provides a great example of the value of trust in business success. Company mergers can be complex and drawn out affairs involving an army of lawyers, accountants and the like. It can sometimes take up to a year to finalise details.

However, when some years ago, Berkshire Hathaway bought McLane Distribution Company from Wal-Mart the transaction was finalised in record time. Following a 2-hour meeting the acquisition was finalised in just under a month. And we’re not talking about trifling sums here.

This was a $23 billion transaction.

Both companies were public and therefore their records could be scrutinised by the public. Warren Buffett said,

“I trusted Wal-Mart, I trusted the people I worked with. I knew everything would be in exactly the order that they said it would be, and it was.” He said, “We did no due diligence.”

Can you see the advantages of being able to operate under such an umbrella of complete trust? As Indira Gandhi said,

“You can’t shake hands with a clenched fist.”

A word of caution – this deal may have been lightning fast but this relationship was gradually built up over time. However, building trust is something we are all capable of and need to develop if we are to be successful in building any sort of relationships whether personal or business.

Here are five simple ways you can create trust in your relationships:

1. Be open, transparent and scrupulously honest in your business dealings;

2. Stick to your word – be known as someone who is completely reliable;

3. Under-promise and over deliver – people love to receive unexpected bonuses;

4. Refrain from gossiping about your colleagues or business partners, it is unprofessional and can seriously backfire; and

5. Take responsibility for your actions especially when things go wrong. Similarly, give credit where credit is due.

Trust and intuition are inexorably linked. To be able to tap into your intuition you have to learn how to trust yourself and as Cardinal de Retz said:

“A man who doesn’t trust himself can never really trust anyone else.”

Intuition and trust are just two elements that one should master to achieve maximum business success. To learn the secrets to achieving business success whether you’re are just starting out in business or have an established business visit the Billionaire Business Success School. Be mentored by a self-made billionaire for less than the cost of a newspaper per day.