If you thought business plan discussions with teenagers felt strange, think again. Here’s an amazing video by Lindsey Mills in which you can see how primary school students are being trained in business start-ups, and how they start talking about Seed Capital, Venture Capital Rounds, Debt Capital and Income Statements…things which many of us learned sometime during our first or second job! The Start Em Up Business program gives students an introduction to business. Students learn the basic business concepts through playing fun business games, starting a real business, and making money. It feels like training numerous Tiger Woods for business – very interesting. The potential of something like this is immense because in 5-10 years from now, we could see start-ups from kids. You can learn more here: www.simplyoutrageous.org
Category Archives: Jobs & Careers
Why Sales Deals Stall?
If you are into any forms of customer interaction or sales, you will benefit from this interesting sales training video by Dan Lappin of Caskey Training, where he shares “why sales deals stall”. It’s just 6 minutes long and worth watching full. You’ll learn three sales strategies that can improve your ability to control the sales process, improve your credibility, and will have your customers pursuing you. This video has been popular with audience at Myorbit from the time we started last year in 2006. So thanks very much to Dan Lappin.
Basic Financial Management-What is a Cash Flow Statement?
The Cash Flow Statement is typcally the 3rd of the 3 financial statements found in an Annual Report. This video provides an overview. It gives a clear explanation of the relationship between the income statement and cash flow statement.
About the presenter: Michael Fischer spent nine years at Goldman Sachs, advising some of the largest private banks, mutual fund companies and hedge funds in the world on investment choices. He started his finance career at Credit Suisse First Boston in early 1995. During these ten years, he was frequently ranked as the top advisor by many of his clients and peers. He gave his opinion to managers of trillions of dollars of assets and came across hundreds of different investment styles and approaches; he also bought and sold billions of dollar of investments on behalf of his clients and himself. Michael holds an MBA from INSEAD (Dec 1994) and an Honours Bachelor of Science Degree from the University of Toronto (1989). He has also written a book on Saving and Investing because he feels strongly this material is too important in our world today to ignore. You can learn more about his book at the following website: http://www.savingandinvestingbook.com
Basic Financial Management-What is a Balance Sheet?
The Balance Sheet is one of the 3 main financial statements of a company — it captures the Assets, and the Liabilities (equity+debt) at a “certain point in time” – like the end of the year. And it balances.
About the presenter: Michael Fischer spent nine years at Goldman Sachs, advising some of the largest private banks, mutual fund companies and hedge funds in the world on investment choices. He started his finance career at Credit Suisse First Boston in early 1995. During these ten years, he was frequently ranked as the top advisor by many of his clients and peers. He gave his opinion to managers of trillions of dollars of assets and came across hundreds of different investment styles and approaches; he also bought and sold billions of dollar of investments on behalf of his clients and himself. Michael holds an MBA from INSEAD (Dec 1994) and an Honours Bachelor of Science Degree from the University of Toronto (1989). He has also written a book on Saving and Investing because he feels strongly this material is too important in our world today to ignore. You can learn more about his book at the following website: http://www.savingandinvestingbook.com
Basic Financial Management-What is an Income Statement?
There are 3 main account statements for companies – the income statement, the balance sheet and the cash flow statement. This video in on the first of these – the income statement.
About the presenter: Michael Fischer spent nine years at Goldman Sachs, advising some of the largest private banks, mutual fund companies and hedge funds in the world on investment choices. He started his finance career at Credit Suisse First Boston in early 1995. During these ten years, he was frequently ranked as the top advisor by many of his clients and peers. He gave his opinion to managers of trillions of dollars of assets and came across hundreds of different investment styles and approaches; he also bought and sold billions of dollar of investments on behalf of his clients and himself. Michael holds an MBA from INSEAD (Dec 1994) and an Honours Bachelor of Science Degree from the University of Toronto (1989). He has also written a book on Saving and Investing because he feels strongly this material is too important in our world today to ignore. You can learn more about his book at the following website: http://www.savingandinvestingbook.com