Monday, July 9, 2018

Success, not for Profit, for Growth



The Society for Entrepreneur and Economic Development (SEED) reaches out to persons with just an Idea, no matter their current circumstances. Through Business Light, many short video circulated on social media, SEED invites defined Success, helps plan changes or quickly abandon failures. Business Direct, teaches vital modules and courses to strengthen the Strategic Plan, extract a Prospectus to attract Investors and a Business Plan to target Lenders. SEED offers incubation, via its Grant Funding and Government Assistance programs, to ideas judged feasible, and monitors process to a stage of independence through Business Dashboard, internal and external data which measures current positions in the Industry.


Success has historically occurred, in many cases purely accidentally, when Entrepreneur’s activities matched Economic Decisions. Forecasting a Country’s Economic growth is an important measure of success, which leads to improve standards of living. Expanding Sectors and Industries, which creates more local jobs, is another important component of success. Education is an additional critical factor of success, which makes for a lifetime of earning. Injecting Finance, at calculated terms and projected levels, is the best route to such defined success, which includes combinations of investment and loan funding. Hence, grand funds are being sourced to combine education and Entrepreneurial Ideas along with industry and country Economic Circumstances.

Country’s Economic growth has been seen as Success, when unemployment declines, poverty levels are reduced and the nation’s population, as a whole, benefits from improved living standards. Measured by its Gross Domestic Product (GDP), the nation’s productivity level is used to attract both local and foreign investment as opposed to countries with low GDP growth. It is such investments, led initially by taxpayers borrowing to develop and to facilitate, which drives employment of the local population. Hence, with access to physical facilities essential to operational development, prudent connections to the public sector for legal permissions and other needed licenses, growth is forecast.

Sectors and Industries tend to be judged a Success, when its main participants earnings rise year on year, new players enter the market, operations expand internationally and create more local employment. Earnings and financial returns operate on a life cycle within each sector or industry and operators must carefully predict downturns, as not to be ill prepared. Depleting natural resources and growing populations force each sectors or industry participants to rethink their products, processes and procedures to become or remain globally competitive. Hence, with inventions, innovations and better processes, proven to improve effectiveness and efficiencies, and patented for global legal protection, expansion is foreseen.

Education is the cornerstone of Success, whether delivered traditionally in a mix of academic formats and practical forms, a love of learning is key to a lifetime of earning. Formal and casual learning with ongoing life experience are factors that matures new, risk taking, ideas, and points, such minded individuals, towards further research and development. Noting that, in today’s highly competitive world, many human beings are and will be pursuing the very same ideas, and that Success can only be achieved through mission focus. Hence, in an environment of basic comfortable living, access to the most recent research, real world product testing facilities and like-minded thinkers, ideas can be incubated into Industries.

Finance is needed for Success, there is no denying, Initial Contributions, Capital, Shareholders’ Equity and other forms of equity and debt financing are critical. Using historical data from industrial annual reports and the operation’s audited accounts to project future earnings, will calculate the appropriate levels of finance to produce and administrate and generate budgeted revenue. Noting that, it is only through the likelihood of achieving such projected earnings and the possibility of paying out the forecasted financial Returns On Investment (ROI), which would attract investors and interest lenders. Hence, with proper guidance, checks and balances, and timely accurate reporting, Success can be purposely achieved by integrating Entrepreneurial Ideas and Economic Climates.

Rationale
T.A.J & Associates Company Limited uses this occasion to comment on topics that have been covered, both academically and by the mainstream media, to add its opinion and point out investment opportunity, not to invoke any social action.