The Reluctant Entrepreneur: Turning Dreams into Profits by Michael Masterson

By Michael Masterson

Clever concepts for beginning and turning out to be a small company with minimum own monetary risk

A finished consultant for marketers from some of the most profitable company creators in recent times, The Reluctant Entrepreneur: Turning goals into earnings addresses the fears and misconceptions that many folks have approximately beginning their very own companies, strolling potential proprietors in the course of the worthy judgements they should make earlier than even placing a marketing strategy in place.

Presenting strong, trustworthy concepts in keeping with writer Michael Masterson's personal profitable practices, and debunking a few universal illusions marketers have approximately their companies, the booklet is a crucial source for somebody seeking to keep away from the pitfalls that threaten fledgling companies.

filled with insights from an entrepreneur who has introduced and bought dozens of industrial, awarded in a full of life and conversational style
a few 600,000 new companies are introduced every year and with an doubtful economic climate, a growing number of everyone is searching for a circulate of source of revenue cut loose their nine to five job
jam-packed with hugely acceptable recommendation that budding marketers can begin utilizing immediately

Essential studying for small enterprise proprietors and either first time and demonstrated marketers, The Reluctant Entrepreneur offers the clever thoughts on beginning and growing to be a small enterprise which may make launching your personal corporation a cinch.

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The Reluctant Entrepreneur: Turning Dreams into Profits

Clever concepts for beginning and turning out to be a small company with minimum own monetary risk

A complete consultant for marketers from probably the most profitable company creators in recent times, The Reluctant Entrepreneur: Turning desires into earnings addresses the fears and misconceptions that many of us have approximately beginning their very own companies, jogging potential proprietors throughout the valuable judgements they should make ahead of even placing a marketing strategy in place.

Presenting stable, trustworthy suggestions in keeping with writer Michael Masterson's personal profitable practices, and debunking a few universal illusions marketers have approximately their companies, the booklet is a crucial source for an individual seeking to keep away from the pitfalls that threaten fledgling companies.

filled with insights from an entrepreneur who has introduced and offered dozens of commercial, provided in a full of life and conversational variety
a few 600,000 new companies are introduced every year and with an doubtful economic system, an increasing number of individuals are searching for a circulation of source of revenue break free their nine to five activity
full of hugely appropriate recommendation that budding marketers can begin utilizing immediately

Essential analyzing for small enterprise proprietors and either first time and proven marketers, The Reluctant Entrepreneur provides the shrewdpermanent thoughts on beginning and turning out to be a small company that could make launching your personal corporation a cinch.

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INVESTING IN HEDGE FUNDS: THE BAD NEWS Hedge funds charge very high fees to manage your money. It is customary to charge an annual management fee of 1 to 2 percent of the value of the investment, but that’s not much more than traditional mutual funds charge. The real incentive for hedge fund managers is profit sharing—managers keep 20 percent of all profits. Because hedge funds originally were marketed only to very wealthy clients, and because these clients are willing to 22 CREATE YOUR OWN HEDGE FUND pay big fees for excellent results, the tradition of paying 20 percent of the profits continues.

Unlike traditional mutual funds, hedge funds cannot advertise themselves to public investors. Legitimate funds managed by qualified management teams can advertise only to “qualified” investors, typically those who have $1 million or more to invest. Thus, public investors must learn about specific hedge funds from sources of unknown reliability. INVESTING IN HEDGE FUNDS: THE BAD NEWS Hedge funds charge very high fees to manage your money. It is customary to charge an annual management fee of 1 to 2 percent of the value of the investment, but that’s not much more than traditional mutual funds charge.

You can eliminate the uncomfortable feeling of having money invested when you don’t fully understand the investment methods used by those managing your money. If you follow the strategies outlined in this book, you won’t have to worry about the integrity of the fund manager, because you will be managing your investments by yourself. There will be no worry about the managers taking more risk than you are willing to take, for you will be managing that risk yourself. In fact, if you adopt the methods described, your portfolio will be significantly less risky than the portfolio of a typical American investor—someone who buys a collection of stocks and seldom sells any of them (a buy-and-hold investor).

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