Five Practices to Help You Avoid and Bounce Back From Crashes

One of the characteristics that every good investor looks for in an aspiring entrepreneur is resilience, or the ability to learn from and bounce back after a failure.

You don’t have to have previous startup problems to show resilience – everyone should have a story of tackling a tough challenge with minimal success, but using the failure to move on and achieve an objective.

With startups, almost every entrepreneur I know has failed at least once, often several times, but never gave up, and ultimately achieved their goal. Evan Williams, for example, before co-founding Twitter, started a podcasting platform named Odeo. The platform couldn’t compete with Apple’s podcast section of iTunes, so he recast his efforts into microblogging, and the rest is history.

The challenge is how you can enhance your own ability to bounce back, and highlight that attribute to your team and outside constituents, including investors

Read more

The Change Maestro’s Management Tip – When choosing a project to be undertaken, choose those that are leaning toward alignment with the corporate goals and mission

Your organization is presented with a problem, large or small, that is threatening to disrupt your process flow and the needs of your customer so how do you select the route forward/

First after selecting the makeup of the cross functional team members you need to review where you stand as an organization. Your empowered management has equipped you with a set of strategies, values, missions and goals. These are established based on the voice of the human capital assets.

However, there is a more critical factor in the selection of of project. Everything you do to resolve the problem must be aligned with those things you got from the empowered management. If you change the corporate culture and operating procedures because of the creation of the new normal you must realign them with the total organization.

When determining what you could do rather than should do in resolving a … Read more

Litecoin Price Prediction: LTC/USD Experiences Intraday Volatility; Trades at $42.47

LTC Price Prediction – July 18

In the opening hours of the day, Litecoin price touches $43 after several days of downtrends.

LTC/USD Market

Key Levels:

Resistance levels: $46, $48, $50

Support levels: $38, $36, $34

LTCUSD – Daily Chart

LTC/USD bulls have overcome the bears above the $40 support as the Litecoin bulls have survived the downward threat after breaking above the $41. But if the price can cross above the 9-day and 21-day moving averages, the upward movement will be confirmed by the bulls. Meanwhile, buyers have a second hurdle to jump over if the upside range trading should commence.

As the market continues its upward move, the bulls have to break the $44 resistance to begin its upside range trading. However, LTC/USD could rise and begin its fluctuation between $43 and $44, if buyers are successful over the $45 resistance. A break above this resistance level may … Read more

Companies Should Learn Elon Musk’s ‘Chain of Command’ Rule

Elon Musk has had plenty to share with business owners over the years, and he’s spent plenty of time thinking outside the box. But a comment he made a couple of years ago in a letter to employees may be one more business leaders should consider in a world disrupted by the coronavirus pandemic.

“Communication should travel via the shortest path necessary to get the job done, not through the ‘chain of command,'” Musk wrote to his employees in 2018. “Any manager who attempts to enforce chain of command communication will soon find themselves working elsewhere.”

Musk went on to say that “a major source of issues” in companies come when communication doesn’t flow freely. As he told his Tesla employees, it “must be OK for people to talk directly and just make the right thing happen.”

Two years later, the world looks decidedly different for most companies.

Read more

Careers in Private Equity: Preparing for PE Jobs

Entering private equity is a tough nut to crack, and it’s quite evident, given the significantly low success rate of fresher finance graduates that apply for entry-level Private Equity jobs. Private equity industry, across the world, only recruit the cream, but in return, pays handsomely. It’s an enormously large industry whose transaction amounts go into billions of dollars under each big deal. As a matter of fact, the highest-paid individuals in the finance industry domain come from private equity. 

Not only the young finance graduates but for experienced professionals from an investment banking background, too, struggle to build a career in private equity. If you are one of those individuals who like creating value for businesses, are adept at deal-making, and are good at soft skills, then, this career-field will prove to be apt for you in the long run. 

The Biggest of Business Deals Happen in the Private Read more