IBD’s Ten Secrets to Success:
Published 8-31-2008 mh
#1- HOW YOU THINK IS EVERYTHING. Always be positive. Think
success, not failure. Beware of a negative environment.
Tips on starting a new business to boost your odds of survival:
Stay Balanced: Watch your debt level; startups fail
because of having the wrong capital structure in place-they borrow
too much money relative to their projected cash flow. Worse yet
they view borrowed funds as and income stream. Ref: Andrew
Sherman: “Start Fast, Start Right”
Go Green: Set a timetable for reaching positive cash flow.
Gear your early goals to that deadline. Ref: Mel Chasen, President
of consulting firm: Intercede
Recruit Right. Start with a small but powerful team, offer
incentives to spur growth then as you expand, tout your key value
proposition to attract top players.
Get Familiar: Hiring qualified friends or peers who have
worked for other firms and can help you build a strong team.
Ref: Mark Breier, “The 10-Second Internet Manager”
Friends who are starts at their previous companies are likely to be
with you.
Keep Selling: Your first hires should be killer sales
people!
Draft a solid sales and marketing plan, and make sure it is carried
out. Ref: Guy Kawasaki, venture capitalist.
Align: “The business must function as a vibrant marriage
or the enterprise will fail.” “What if” scenarios, alignment of
goals and a plan for resolving disputes” are a must. Ref: Sherman
Eye the Endgame: Deal with distractions quickly.
(including personal life, supplier disputes or workplace politics.
Ref: Sherman
Dodge Cannonballs: Try to plan for events like the loss of
a key customer, a claim against the company for trademark
infringement, or the poaching of key employees by rivals. Have a
contingency waiting in the wings. Ref: Sherman
Be frugal not cheap: Target money where it counts- on technology- to “support customer’s vendors and employees.
Ref: Sherman
Stay Hungry: Bring a sense of urgency to achieving
start up goals. Complacency, small mindedness, and being overly
reactive-instead of proactive- will increase the chance of failure”
Ref: Sherman
Enlist Evangelists: Make your best volunteers,
team leaders. Offer internships and other incentives.
Ref: Kawasaki
Article Reference: Cord Cooper, IBD
#2- DECIDE ON YOUR TRUE DREAMS AND GOALS. Write down specific goals and develop a plan to reach them.
#3- TAKE ACTION: Goals are nothing without action. Don’t be afraid to get started. JUST DO IT!
#4- NEVER STOP LEARNING! Go back to school or read books. Get training and acquire skills.
#5- BE PERSISTENT AND WORK HARD. Success is a marathon, not a sprint. NEVER GIVE UP!
#6- LEARN TO ANALYZE DETAILS. Get ALL the facts, ALL the input, LEARN FROM YOUR MISTAKES.
#7- FOCUS YOUR TIME AND MONEY. Don’t let other people or things distract you.
#8- DON’T BE AFRAID TO INNOVATE; BE DIFFERENT. Following the herd is the sure way to mediocrity.
Creating bench strength by making everyone at the top an innovation leader-grooming others on their way up. Ref: “Becoming a Coaching Leader” co authors: (Proctor and Gamble) Daniel Harkavy and A.G. Lafley.
Teach: Ask the right questions, draw the other person
out and LISTEN. Ref: Daniel Harkavy: “Becoming a Coaching Leader”
Target: Provide creative courses on site and allow
Leaders to get practical experience offsite
Ref: Proctor and Gamble, A.G. Lafley and management coach, Ron Charan co- authors: “The Game Changers”
Lay the Groundwork: Give Leaders experience in a range
of key roles, business units, and world markets (moving from manufacturing
to marketing and combining skills as they are acquired. Ref: P and G
Motivate: Rewards make sure the innovation chain keeps
growing. Ref: P and G
Build Muscle: Size up the player’s strengths, then
tailor their talents for maximum impact.
Ref: John Wooden, Univ. of California
Spread it around: blend innovation in to all units.
Ref: P and G
#9- DEAL AND COMMUNICATE WITH PEOPLE EFFECTIVELY. No person is an island. Learn to understand and motivate others.
#10- BE HONEST AND DEPENDABLE; TAKE RESPONSIBILITY: Otherwise numbers 1-9 will not matter!
Reference Cord Cooper, IBD
Sunday, August 31, 2008
Tuesday, August 26, 2008
IBD 20 Rules for Investment Success
Blog: CFIBD 8-26-2008
Subject: IBD’s Rules for Investment Success:
1- Consider buying stocks with each of the last three years’ earnings up 25%, return on equity of 17%, and recent earnings and sales accelerating.
2- Recent quarterly earnings and sales should be up 25%.
3- Avoid cheap stocks. Buy stocks selling for $15 to $100.
4. Learn how to use charts to see sound bases and exact buy points. Confine buys to these points as stocks break out on big volume increases.
5- Cut every loss when it is 8% below your cost! Make no exceptions!! So you will avoid possible huge, damaging losses. NEVER average down.
6- Follow selling rules on when to sell and when to take a profit on the way up. Review “When to sell and Take a Profit”. In “How to Make Money in Stocks”.
7- Buy when Market Indexes are in an Uptrend. Reduce investments and raise cash when general market indexes show five days of increased volume distribution
8- Read IBD “Investor Corner” and “Big Picture” columns to learn how to recognize important tops and bottoms in market indexes.
9- Buy stocks with a composite rating of 90 or more and a Relative Price Strength of 85or higher in the IBD SmartSelect Corporate Ratings.
10- Pick companies with Management ownership of stock.
11- Buy mostly in the top Six broad Industry sectors
12- Buy stocks with increasing institutional sponsorship in recent quarters.
13- Current quarterly after tax profit margins should be improving, near their peak and among the best in the stock’s industry.
14- Don’t buy because of dividends or P-E ratios. Read a story on the company, Buy the No 1 company in an industry in earnings and sales growth, ROE, profit margins and product quality.
15- Pick companies with a superior new product or service.
16- Invest mainly in entrepreneurial New America companies. Pay close attention to those with an IPO in the last eight years.
17- Check in to companies buying back 5% to 10% of their stock. And those with new management (what is management’s background?)
18- Don’t try to bottom guess or buy on the way down. NEVER argue with the market. Forget your pride and ego.
19- Find out if the market currently favors big cap or small cap stocks.
20- Do a post-analysis of all your buys and sells. Post on charts where you bought and sold. Evaluate and develop rules to correct your major mistakes. It’s what you learn after you think you know what you are doing that’s vital. That is how to improve your results.
Subject: IBD’s Rules for Investment Success:
1- Consider buying stocks with each of the last three years’ earnings up 25%, return on equity of 17%, and recent earnings and sales accelerating.
2- Recent quarterly earnings and sales should be up 25%.
3- Avoid cheap stocks. Buy stocks selling for $15 to $100.
4. Learn how to use charts to see sound bases and exact buy points. Confine buys to these points as stocks break out on big volume increases.
5- Cut every loss when it is 8% below your cost! Make no exceptions!! So you will avoid possible huge, damaging losses. NEVER average down.
6- Follow selling rules on when to sell and when to take a profit on the way up. Review “When to sell and Take a Profit”. In “How to Make Money in Stocks”.
7- Buy when Market Indexes are in an Uptrend. Reduce investments and raise cash when general market indexes show five days of increased volume distribution
8- Read IBD “Investor Corner” and “Big Picture” columns to learn how to recognize important tops and bottoms in market indexes.
9- Buy stocks with a composite rating of 90 or more and a Relative Price Strength of 85or higher in the IBD SmartSelect Corporate Ratings.
10- Pick companies with Management ownership of stock.
11- Buy mostly in the top Six broad Industry sectors
12- Buy stocks with increasing institutional sponsorship in recent quarters.
13- Current quarterly after tax profit margins should be improving, near their peak and among the best in the stock’s industry.
14- Don’t buy because of dividends or P-E ratios. Read a story on the company, Buy the No 1 company in an industry in earnings and sales growth, ROE, profit margins and product quality.
15- Pick companies with a superior new product or service.
16- Invest mainly in entrepreneurial New America companies. Pay close attention to those with an IPO in the last eight years.
17- Check in to companies buying back 5% to 10% of their stock. And those with new management (what is management’s background?)
18- Don’t try to bottom guess or buy on the way down. NEVER argue with the market. Forget your pride and ego.
19- Find out if the market currently favors big cap or small cap stocks.
20- Do a post-analysis of all your buys and sells. Post on charts where you bought and sold. Evaluate and develop rules to correct your major mistakes. It’s what you learn after you think you know what you are doing that’s vital. That is how to improve your results.
Sunday, August 3, 2008
Insider Transactions
The question is; When 'insider transactions' are recognized as 'negative' - is the individual stock site recognizing 'Planned or Automatic Sales'?( traditional & intelligent diversification of company officer )
also; 'Sales' (of stock) -when on the same day - the officer replaces them with 'Option stock' (at a low or no cost price) also good financial planning.
the example stock is EZPW. IBD site lists 'insider sales' on 4/30, 5/7, 6/25 =all negative.
In fact, all three dates were neutral. With one officer 'sale' with 'option' replacement and another officer implementing 'PrePlanned Automatic Sales'. The info is provided by Edgar and Thomson Financial -the watchdogs reporting to the gov.
Unfortunately, most financial sites do not recognize the transactions properly, and the only one with the SEC transactions is finance.yahoo - not a favorite site of mine.
Something to keep in mind, see you soon, Alanna
also; 'Sales' (of stock) -when on the same day - the officer replaces them with 'Option stock' (at a low or no cost price) also good financial planning.
the example stock is EZPW. IBD site lists 'insider sales' on 4/30, 5/7, 6/25 =all negative.
In fact, all three dates were neutral. With one officer 'sale' with 'option' replacement and another officer implementing 'PrePlanned Automatic Sales'. The info is provided by Edgar and Thomson Financial -the watchdogs reporting to the gov.
Unfortunately, most financial sites do not recognize the transactions properly, and the only one with the SEC transactions is finance.yahoo - not a favorite site of mine.
Something to keep in mind, see you soon, Alanna
Second Group of Invitations to Blogsite
ALL:
"Malloy, Kevin",
"Machler, Dick",
"Kraus, Jay",
"Kraly, Harry",
"Johnson, Ray",
"Jefferson, Taylor",
"Jacaruso, Mike",
"Hopkins, Mark",
"Heinecke, Karin",
"Hagerty, Vaughn",
"Guenzel, David",
Gastwirth Bob,
"Fracalossi, Ron",
"Fineman, Marvin",
"Dugan, Tom",
"Cole, Mike",
"Cartwright, Charlie",
"Capaccio, Mike",
"Campbell, Joel",
"Bradshaw, Ricki",
"Black, Gail",
"Bateman, Glen",
"Moore, Richard"
Here are the second set of invitations to the blogsite.
If you see errors or did not receivve the invitation please let me know at markhopkins121@gmail.com
"Malloy, Kevin"
"Machler, Dick"
"Kraus, Jay"
"Kraly, Harry"
"Johnson, Ray"
"Jefferson, Taylor"
"Jacaruso, Mike"
"Hopkins, Mark"
"Heinecke, Karin"
"Hagerty, Vaughn"
"Guenzel, David"
Gastwirth Bob
"Fracalossi, Ron"
"Fineman, Marvin"
"Dugan, Tom"
"Cole, Mike"
"Cartwright, Charlie"
"Capaccio, Mike"
"Campbell, Joel"
"Bradshaw, Ricki"
"Black, Gail"
"Bateman, Glen"
"Moore, Richard"
Here are the second set of invitations to the blogsite.
If you see errors or did not receivve the invitation please let me know at markhopkins121@gmail.com
email invitations to blogsite I
Hi all:
I just sent out invitations to write to the blogsite (post or comment):
Robert Brownfield
"Wooten, Sandra",
"Watt, Norman",
"Waters, Ken",
"Wallin, Gene",
"Turner, Billy",
"Tucci, George",
"Tomaselli, Kent",
"Stephens, Jim",
"Spears, Michael",
"Snider, Darrell",
"Rogers, Ted",
"Randall, Timothy",
"Quinonez, Linda",
"Pyle, Dave",
"Park, Kathy",
"Northington, Kirk & Faith",
"Nicks, Dennis",
"Mossman, Stuart",
"McWat, Selena",
"McHugh, Alanna"
If your name is on this list and you do not receive the invitation , email me at markhopkins121@gmail.com
Thanks
Mark
I just sent out invitations to write to the blogsite (post or comment):
Robert Brownfield
"Wooten, Sandra"
"Watt, Norman"
"Waters, Ken"
"Wallin, Gene"
"Turner, Billy"
"Tucci, George"
"Tomaselli, Kent"
"Stephens, Jim"
"Spears, Michael"
"Snider, Darrell"
"Rogers, Ted"
"Randall, Timothy"
"Quinonez, Linda"
"Pyle, Dave"
"Park, Kathy"
"Northington, Kirk & Faith"
"Nicks, Dennis"
"Mossman, Stuart"
"McWat, Selena"
"McHugh, Alanna"
If your name is on this list and you do not receive the invitation , email me at markhopkins121@gmail.com
Thanks
Mark
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