Posts Tagged ‘price’

Private Equity Skills

admin | Thursday, September 24th, 2009 | No Comments »

Private Equity Skills

What Skills Students Should Learn for Private Equity

Skills Private Equity Skills

I’ve been traveling for the last three weeks and during the flights I have been going through some white papers that I’d been meaning to read.  One particularly interesting paper is by a professor at Stetson University titled “Understanding the Skills Needed for Careers in Private Equity Investing.”  The research identifies a major disconnect between general finance education and that needed for investing in private equity.

Although many professionals receive a general business school education and work one or two years at an investment bank or other finance firm, it would be great if an MBA included a more focused study on private equity to prepare graduates for a very unique field.  There are signs of a shift toward educating students on private equity is the Tuck School of Business’s Center for Private Equity and Entrepreneurship as well as the University of North Carolina’s Kenan-Flagler Private Equity Fund which is largely run by students.  I hope that more research is done to show how students and business schools would benefit from a curriculum with a strong focus on private equity.

It’s crucial that students at least have a basic understanding of how to value companies, structure a deal, complete accurate due diligence, manage a portfolio and negotiate with investors and keep them satisfied.  The price for on-the-job training for a venture capitalist could be millions of dollars from your investors, so it’s important to have a curriculum that addresses specific skills necessary for working in private equity.  The skills that private equity professionals should have beyond the existing MBA and finance degree curriculum are:

  1. Being able to realistically value businesses in an illiquid start-up context 
  2. Contractually structuring the investment
  3. Maintaining an effective personal network to both ensure adequate deal flow, and also assist  portfolio companies in securing critical resources
  4. Possess the negotiating skills associated with both purchasing and selling an investment
  5. Be able to coordinating thorough and effective due diligence

If you have not developed these skills or your business school has not addressed these needs, the author prescribes ways to improve these crucial areas:

  1. Do not rely on the “general business requirements” to meet these skills.  
  2. Some of these skills are process skills, meaning that they are developed by practice – not merely through understanding the process.   
  3. Due diligence is on virtually no one’s curriculum.  There are great books available and free resources online to give you at least a surface knowledge of this area. 
  4. A course in private equity investing can be demonstrated to accomplish the purposes of the business capstone class, and might be offered in lieu of Strategic Management, for example.

To read the full white paper, see here.

See our private equity career guide for more information on what you need to succeed in private equity

Popular private equity articles:

  1. Private Equity Tracker Tool
  2. Alternative Investment Jobs
  3. Career Guide
  4. Service Provider Directory
  5. Private Equity Associate

Tags: private equity career, advice, skills, white paper, investments, skills needed, valuation, education, tuck school of business, due diligence, strategy, structuring, price, learning, education in private equity, buyouts

Ethics Center For Ethical Business Person – Honestly Earning Your Pay

admin | Sunday, August 2nd, 2009 | No Comments »
Ethics Center For Ethical Business Person Honestly Earning Your Pay Ethics Center For Ethical Business Person   Honestly Earning Your PayThe Bible says, “Money is the root of all evil.” Maybe this is why many Christians in business today have a hard time charging for their services. As Christians, we sometimes feel that we are doing something wrong when we charge higher fees to complete work for our clients. However, God invented work, and therefore he believes that we should work and receive a wage for our work. After all, they did it in the Bible. Do you not recall the stories of the farmers paying the field workers?
God invented all of these concepts so he must agree that we should receive payment for what we do. Therefore, do not feel guilty for charging your clients for the services that you provide to them, as long as you are providing high quality work that you can be proud of, and that is not taking from your clients in any way what you do not deserve.

Other than that, you should not feel guilty in billing what you are worth. Decide what your time is worth, what your services are worth, and bill accordingly. Then, strive to put out high quality work, and you might even want to go beyond that. A popular concept is to “under promise and over deliver.” Meaning promise that the work will be done, say, “by the end of the week”, however deliver early, therefore over delivering on your promise. This will impress your clients and most likely win you repeat customers.

Being paid is apart of our lives. What is important is that we value the money that we receive correctly. Respecting that our clients had to earn the money, and remembering that we must give back to God a portion of what we earned. In everything that we do including the way by which you go about earning your wage you should be striving to honor God.

If you do this, you will surely not be guilty of allowing money to take the part of evil in your life.

Alyssa Avant is a Christian speaker, writer and business owner. Her Writer for Hire business provides online entrepreneurs and business owner’s with articles and content. To have Alyssa write for you, visit her website

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Tags: price, right, online, history

Ethical Supermarket: The Price Of Our Purchases VS Their True Value

admin | Sunday, August 2nd, 2009 | No Comments »
Ethical Supermarket The Price Of Our Purchases VS Their True Value Ethical Supermarket: The Price Of Our Purchases VS Their True Value“There is an old english saying that we can “”know the price of everything, but the value of nothing”" and in our all-consuming, “”I want it now”", society this saying still has great relevance. When I walk around the supermarket I am bombarded with the offers “”half-price”", “”buy one get one free”" otherwise known as “”BOGOF”", “”30% extra”" and so on, but what does this actually mean to me, the consumer?
Take the case of fresh strawberries, they seem to have been “”half-price”" all season, in fact I am sure I have yet to see a punnet without a half-price flash. Do we as consumers actually remember what we paid for our strawberries last year? I don’t, but perhaps I could rummage around and find an old till receipt that would tell me. Does the “”half-price”" flash make us buy more strawberries even though they are always badged as such? Well it certainly attracts our attention as shoppers and make us feel that this could be the good “”deal”" we’ve been looking out for! Our eyes instinctively always go to the part of the receipt that tells us what we have saved today on the special offers. If it is a BIG number we feel duly gratified, even if it means we have actually spent more money than we intended or that a week later we throw much of the food away because it has then gone out of date.
If a product is always discounted, how long is it before the reduced price become the “”actual”" price? When a product is always sold at a reduced rate will this eventually devalue it as a commodity for the consumer?
Do we consider the actual production costs of our purchases? We all start to become uncomfortable at the point of purchase if our attention is drawn to issues such as animal welfare, use of global resources, worker welfare or fairness of trade with suppliers, even more so if we are actually required to make an ethical decision. The problem with ethics is that whilst it is a good idea in the abstract sense, when we are sitting watching television reports, planning corporate social responsibility strategy or having a drink with friends, in the actual sense when it starts to hurt our pockets or require us to implement change then suddenly it isn’t as clear-cut.
So, whilst we seem to care about the price of our purchases, do we care about their true value?
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Tags: supermarket, ethical, business, cost, price

Ethics Training Materials: Business Ethics, Greed or Generous, Pick One

admin | Friday, July 31st, 2009 | No Comments »
Ethics Training Materials Business Ethics Greed or Generous Pick One Ethics Training Materials: Business Ethics, Greed or Generous, Pick OneAnd once again gas prices rise, this time the day before Hurricane Ike hits land anywhere in the continental US. Just like high travel days, holidays and on any news related to crude oil shortages. Yes I completely understand supply and demand and yes I understand that gas is a commodity. But let’s try some new thoughts on the matter.
I am a boater and hurricanes and I are not very friendly. I have seen firsthand the devastation they can provide. Early in my boating career, I saw Homestead, FL get leveled and then I saw greedy people rush into the state with construction materials and labor crews and literally charge 5 to 10 times the normal prices to sell them the materials or provide the labor. The government properly stepped in and overrode the supply and demand principle and called that “Price Gouging” and prohibited it. Now even the major construction retailers cannot involve themselves into such tactics. GOOD FOR THEM.

So why is it that when a hurricane is still 235 miles offshore, gas retailers can raise prices up to $1.35 higher based on this impending crisis? Why can they obtain this windfall when the gas in their tanks was purchased based on much lower prices? Why is this not the same as the construction industry? Before you start hitting your comment buttons, let me finish! Also note that this spike in price occurred at a time that crude oil was lower than when the price of gas was much higher. This does not make sense and when that occurs, follow the money to the answer. GREED.

I have no problem with the retailers, the mom and pop business people, raising the prices based on the price given them on new product purchased ONCE IT IS PURCHASED. Nor do I not understand that once such a disaster hits that prices may have to rise. But should the disaster not have to materialize and actually cause a shortage first? Does the NO GOUGE law not prohibit such activities?

I suggest that during any time that there is a pending disaster, that any type of consumable product be under strict scrutiny as to any sudden and unwarranted price increases. There should be some accountability as to those increases during these times. If, and when, there is a legitimate reason for increases then we can deal with those. But when gasoline drives and affects our entire economy in such a real way, we have to protect it from causing such a huge ripple effect just because people get nervous or people get greedy.

There also needs to be a supply of fuel that can be used to level out supply and demand during such times of emergency or threatened emergency. This supply would be a buffer to the normal and expected high demand due to fear. By inserting this safeguard into the system then we can get back to a more realistic supply and demand regime.

In the long run, we all know, we have to curb our reliance on oil products and have backup and alternative sources of both oil products and other types of energy. But until the politicians understand that and implement that philosophy, then we have to protect our citizens from spikes like we just endured.

What is sad is that we have laws on the books right now to protect our citizens from such awful greed and manipulation and either when it was written gasoline was not included or the law has not been enforced. Either way it is sad and uncalled for.

Until next time, this is a new thought on a real important subject.

As a retired business attorney I have seen most every thing, good and bad, that can happen. I now want to attempt to use my experiences to help direct anyone who will listen how to avoid the mistakes of the past in order to preserve the future. See more at my Website

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Tags: business, ethics, ethical, price, sales

Ethical Debate: Pricing Your Goods

admin | Thursday, July 30th, 2009 | No Comments »
 Ethical Debate: Pricing Your GoodsBuilding a Business is a hard job. There are so many small details that look easy that are the hardest parts of all. Then you have Prospective members who debate based on this and that: Example Pricing!
If you set your Price too HIGH it is said you are GREEDY and most likely a Rip-off. If you price to low they say it’s cheap so it is no good. One personal example I have of this is I was selling the

“The Total Resale Package”…I set it at $9.95 and got maybe 1 sale. At Christmas (or close too) I moved the price to $29 and sales zoomed. Same Programs, people’s perception. But let’s be realistic; if some one was going to sell a cheap quality Product…Car Salesmen do this all the time. They spit shine it, and slap a Price Tag on it knowing that it is pure crap when they are discussing the terms of sale with you. Now these guys are the ones to watch.

S.A.W. “Ewen Chia $.9.95” is a small price but I bought it and HONESTLY is one of the harder ones to sell; Peoples perceptions are out of whack somewhere. What happened to bargain? On Sale, Pre-Launch, Sale Price?

Another is “TheListFX” Keith Wellman, great program sales for $9.95, and I have trouble selling it too. Has it ever occurred to anyone that CHEAP IS THE WRONG ANSWER? That being nice, kind hearted, even pre-selling you to a bigger sale are most likely the RIGHT One? GRAB THESE BARGAINS, WHAT IS WRONG? Seriously, what is wrong?

2 days ago I was given a BFM Script for FREE, why? Because, no reason just out of the kindness of some ones heart. Nothing more and nothing less. I am like really happy about it…this is a $1497 Price Tag That I am actually getting FREE!. When you are at the Store do just by pass the sale items and say cheap? I did not think so, that was the reason you went there to start with wasn’t it?

So why “ASS-U-ME” A Low price, or Sale Coupon means CHEAP? When we Assume we make an “ASS” out of “U” and :ME” = Assume! So please think, don’t assume. That low price could be a Welcome message, a Thank You Message, definitely Not a CHEAP Message, remember the car salesman?

I am a Bargain Hunter and have located items worth much money that cost nothing as they were being tossed out. I have a set of Crystal, Paid Pennies on the Dollar, could sell and make a good deal on those but they are now a Family Keepsake.

High Prices…yes many are extreme, many carry the value and their weight in Gold and some just want to rip you off… See Getting an Education on every turn is a splendid idea, Save Money, Make Money and above all reduce mistakes on the very things we are speaking of here in this Article.

I hope I have helped someone as I do try, I enjoy helping others. If it were cars these people were selling, I‘d still ask questions as usually they have poor quality that they claim is in MINT Condition. Do be so quick to jump the gun, you go to places and see an item for sale what do you do? Purchase of course, especially of it’s a good deal. The net has good deals too. I would be more scared of theses $1 trials as they hope you will forget and they get paid than I would be a of a Huge Savings to a New site, or eBooks or Software Programs. Grab those Bargains, it is the Trials you want to worry about especially the ones you must pay by CC.

Best Regards,
Laurie Brandt
Visit her website

Bio Box: Laurie Brandt Is a Women of today’s writings. Opinionated, Honest and to the point! Freestyle writing no certain subject criteria. However her work is in Developmental Educational Marketing. Teaching others the correct ways and too be Honest and to keep it clean. A Widow With 2 Kids and Disabled she refuses too let this hold her back and wants others to know that there is life after Disability. Highly Motivational and a real go getter.

Wednesday, April 11, 2007 All Rights Reserved! No Parts Of This Article May Be Used Without Laurie Brandt’s Written Permission!

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Tags: price, business, ethical, ethics, market

Stock Price Definition | Define Stock Price | What is it?

admin | Monday, October 11th, 2004 | No Comments »

Stock Price Definition

Stock Price Definition | What is it?

(1) The market value of anything being offered for sale.

(2) Market value of a share of common stock on the date shown. Highs and lows are based on the highest and lowest intra-day trading price.

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Tags: Stock Price, price, stock price definition, stock prices, stocks prices, prices of stocks, prices of a stock, stock price calculation, what is a stock price, what are stock prices


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