Posts Tagged ‘Business’
Separate insurance and investment
Freddy also sent a message, to investment and insurance, buy a product that comes from two different institutions and not within one group of companies. The goal, not to suppose that group went bankrupt, the insurance fund or investment You are both a mess.
That is not less important, further Freddy, you should pay attention to the financial ability of the family. When you buy insurance products, investment and means customers should have the ability to pay a premium for each financial period during the term of the policy contract. So, if it fails to pay, most likely an insurance policy you can cancel. On the other hand, investments could be compromised or sucked to pay a premium for investment.
financial planner Financial Planning of Shield chimed in, the most important things to be seen the customer when selecting a pension fund which are wrapped with insurance products is price comparison and its benefits. This especially if compared the program and other investment instruments, e.g. mutual funds plus insurance products.
However, according to the unit link product Risza offers pension benefits did not violate the rules of the Board of Trustees of Capital Markets and financial institutions (Bapepam-LK). Therefore, these products are only offered with the benefit of pension insurance and pension programs instead of selling. “For a given product, insurance benefits were not issued at the retirement age of the customer. But, at the age of retirement, for example after a period of 99 years,
remind when buying insurance products are wrapped in investment, you must know how the given investment interest. Then, if the yield offered is guaranteed or not, how much it costs, as well as the Administration and how the process protestation melting his claim.
The latter, in investing you must think independently and not depending on others. Therefore, the pension and the future of your family are so bets. Choose investments that you think are most appropriate and according to your risk profile.
enjoying an increase in stock price, investors can enjoy the company’s net profit-sharing or dividends. However, it takes careful analysis so that an any select stocks. Budi said, to facilitate the selection of stocks, you can select stocks with good fundamentals, such as the performance of the stocks of large companies or blue chips.
However, Freddy, blue chip stock prices, usually, is expensive. So, he suggested buying second-tier shares that could potentially have a great growth for the long term.
Regarding the selection of the sectors, the financial planners advise you to diversify. “Due to pension funds, should the stock be kept alone and not for trading,” said Freddy.
Bonds
Bonds (bonds) long-term over 15 years could also be an option. Just like stocks, you should, you keep the bonds for the long term, even to maturity.
Of investment bonds, you can enjoy the flowers and the distribution of coupons or price increases. To suppress the risk, the more financial planners advise you choose Government bonds rather than corporations.
Property
A property can be a source of pension funds. However, selling the property is the choice of most end. In addition to the price is not cheap, sell the property is also not easy. So, better renting out your property to earn passive income.
Selection of the type and location of the property becomes the crucial factor because it will determine the level of price increases and demand rent.
children we want business as a profession they work at their parents, how should our attitude as a parent to face it. Are we a priori or just want to follow her wishes. I think this case is no less experienced businessmen, including my own, that is when my son was still in junior high school also had a desire to be a businessman War net.
In my opinion, it naturally happened, because perhaps our children are familiar with the business atmosphere. Although, not a few children businessman who did not want to aspire to be a businessman, because he knows his father is very busy. Meanwhile, to educate himself was not easy. The problem, is a very large factor of emotional closeness, and it can sometimes be the obstacle of child development itself.
Meanwhile, I see not the schools that prepare a person to be businessmen. So, if your child wants to be a businessman, it is deemed necessary to have other people who we believe to be a mentor or mentor.
Only, we are involved in the mentor of the family, still must be well planned. And, to be successful, according to Patricia Skiff, a columnist in “Entrepreneur Magazine”, we must consider the factors below.
The first factor, we must know who the people who became his mentor. Have skills and can provide guidance, it is a major requirement. And we as parents, should be more used to believe before we involve the mentor in guiding our children.
The second factor, what we need to know the mentor. This means that before a mentor from outside the family that determines the rules in providing guidance, should we need to explain to the mentor, whatever be the motion, and what is its responsibility. For instance, he should be able to educate our children discipline.
The third factor, is what not to do the mentor. For example, he should not try to “sabotage” in the mentoring process itself. Because, in fact the essence of mentoring is how to provide input for our children’s ability in business. So the process is later, will make our children more mature in the business.
Therefore, I think, sort of a mentoring program that we should plan for a limited period, 5 or up to 10 years. Because, as this is, we as entrepreneurs will retire or rest. Meanwhile, our children when it was ready to become entrepreneurs.
There is one interesting business advice that is taught by Robert T. Kiyosaki, author of “Rich Dad, Poor Dad”, who became Best Seller. Tips that reads, “After we successfully build a business then do not forget to buy the property. In addition we have an income from the business that we run, we also benefited from the gain will increase the value of the property “. I think, right Kiyosaki. Advice was actually the key word is the cause, why the rich get richer. Because rich people are always smarter to buy the property that each time will continue to multiply in value, that’s what makes it richer.
However, long before reading the book, as an entrepreneur I’ve been practicing it since the first. Therefore, there is additional advice I can give to you in buying the property from the profits that you build a successful business. Business proposition reads, “If you intend to buy property, not according to the capability of available funds. Even better buy a property with bank debt. Therefore, the less money you spend to buy the property, the greater your advantage “.
Clearly, if we had a fund of Rp 400 million do not buy a property fund worth fitting that we have. Did not buy a property does not have cash. Can the credit. So should you solve it RP 400 million for four properties, each instance you simply purchase a down payment of Rp 100 million, the remaining USD 300 million from the bank. Well, if you only buy one property valued at USD 400 million, then five years later you will only receive its profits doubled the price of one property only. But if four properties, five years later of your property which was originally 400 million has doubled to Rp 2 billion. So the four properties to be 8 billion.
Perhaps you ask, why buy a property with debts of more profitable? It helps us see the business advice from Dolf De Roos, consultant Robert T. Rich dad Kiyosaki in his book, “Real Estate Riches” Dolf wrote, “I do not buy a property to buy land, Karenina unproductive. I do not buy property for the building because it needed maintenance. And, I do not buy a rental property because it needed management. The strongest reason I bought the property is to get the debt. The reason is simple, “The amount of debt is always the same, but the asset values ??continue to soar”.
With business picking advice, my advice, we should not be afraid owed to the bank to buy the property. Change your mindset, that debt would be inviting trouble for you. It is to learn to foster confidence in the debt so-so start with a small value. But, once you succeed you are not seeking debt to the bank, but banks that would seek to take your debt.
Nothing wrong with that necessarily arise among entrepreneur joked that, “if you dare debt of Rp 50 million, you are have a problem. But if you dare to Rp 50 billion debt. Bank which will have a problem. Believe me, the more often we dare debt, banks will increasingly come to believe in our business. “You dare to try?
Peter F. Ducker argues, that everyone can have a career to be an entrepreneur. “There’s nothing mysterious,” he said. Possibly, the entrepreneur’s life easier a few years ago. Where, as customers make the neighbors so easy. But I think, now it is different. Market demands more and more, and quality must be increased. That if we want to live.
But I am sure, if when we want to pursue a career as an entrepreneur prospects are very good and very broad. That is, anytime we can start a business. And, we can sell any product or service. Being, what kind of business we can do, of course, also depends on our ability.
However, from a survey revealed that on average approximately 44% of entrepreneurs who engage in the business world for over 6 years, has had some kind of business that are not interconnected or overlapping. While 35% longer entrepreneurs only have one type of business, and 21% more have some kind of business that still there is a link or circuit.
So how can we become a successful entrepreneur? From experience, I saw that there are 4 characters a person can become a successful entrepreneur, namely the First, the desire. Where, he uses his desire for something big from small things. There was also a desire to make something that has not existed before, and do the will in accordance with the way they want to do.
Secondly, there is intuition. The opportunity to become entrepreneurs is the same for everyone. There is no IQ test. In fact, if we are not smart even if it does not prevent to become entrepreneurs. That is, every successful entrepreneurs are those who have learned to develop his intuition.
Third, he had a chance to go on living even though have no debt. So, all the entrepreneur has survived the ups and downs of his career. They never succeed, never fails. Never make money, or losing money, and others. In fact, the debt was always there in every business. I think, this is reality. Because, however, an entrepreneur must learn to adapt to the debt.
Fourth, always optimistic. For example, there are business opportunities, but because there is a more logical, the odds were not pursued. Because, he has considered with intuition, and cover it with optimism. So, in my opinion, it is the creator of the entrepreneur as well as business people. He made his life by addressing a variety of reasons for not pursuing business opportunities, and then convince others to follow how.
Therefore, in my opinion, if we really want a successful career as an entrepreneur, then make sure we have all four characters. And, we should never hesitate to go. You dare to try?
Provision was in fact already exist that govern him. I think that’s true. And, most of us think so. Therefore, since the birth of each person brings their own sustenance. But, whether we could improve our own Provision? And, if we can not plan it? I would argue, that provision must already exist that govern him, but we must remain active plan. Without planned, it will be difficult Rezeki we achieve. My own guess akandatang, sustenance it requires opportunities to come.
In my opinion, where possible sustenance that comes when every day we do not have any activity. Just resigned to it. And, we too believe, that provision does not need to be pursued, would have come alone. I do not agree with this principle. Because, however, that to us no excitement to work, and just always dreamed of fortune had come, then that provision would be difficult to come or just away. But conversely, if diligent work, and creative entrepreneurship, I believe, certainly sustenance will come. Our business will grow faster.
Moreover, if we dare to choose prose such as businessmen, doctors, notaries, lawyers, painters, artists and others. This profession I see are very likely to bring the provision of relatively large or are not linear. Therefore, the profession is different from the person who paid or as an employee. That is, if this time we for example, is to pursue the business or as an entrepreneur, then obviously it’s possible for us to bring a relatively large fortune. Meanwhile, if only we are now working part of other people or fixed monthly salary, then obviously the chances of the coming of the provision of relatively large, becomes smaller. Therefore, the sustenance of it coming into the right place, and this could we have planned. Lived, we dare or not.
Speaking of luck, I was reminded of my colleagues experience. He was a notary, I can see, in carrying out his profession, he is only using the motor. Then, replace the car. That was the old car. However, when I suggest that “dare” to take a new car on credit, he was surprised. when the old car is sold alone would suggest, for a down payment.
Each month it must pay the installment? was the question. I replied, “Well that’s luck will follow your plan. If you use a good car must have more confidence in your clients. Therefore performance or performances required in your business. Moreover, you are willing to work hard and creatively capture the client, I am sure you must be able to pay the installment “. Apparently, he followed my advice. What happens next? Notary’s fortune was flowing. His client was increasing. In addition to pay the installments, he still has it’s advantages sustenance. And her confidence will increasingly steady profession.
This incident, among which leads me to believe, that the provision would actually come to follow the plan of our debts. Sustenance it will also come according to our risk-taking business. So, when we take the risk of small business, sustenance that flows is small. Conversely, if we dare amiability large, then the sustenance that flows would be great.
In recent years, the need for natural gas or natural gas is increasing as more and extent of use of natural gas energy sources is good for the industry and for households and industry as a raw material mainly for fertilizer industry.
Consumption of natural gas as the final energy is the third largest after oil and coal, higher than the electricity and LPG. Percentage (share) of natural gas consumption reached 13.7 percent in 2008.
Some issues related to the natural gas industry in addition to production is the supply for domestic needs is limited. Due to the limited supply of gas then the continuity of the development of fertilizer industry has been plagued because there is no guarantee of gas supply.
Price formation is not fully use the principles in the domestic market make the most of production is sold to overseas markets. This condition makes the certainty of supply for the domestic industry requirement has not been stable.
The government tried to address this with the policy Domestic Market Obligation (DMO) and prioritize the allocation of gas from new fields namely Field Donggi – Senoro for domestic needs.
With growing pressure at home to the maximum extent possible Utilizing the natural gas for domestic needs, the various new policies have been issued regarding the utilization of natural gas. Some new regulations in this sector are expected to affect the natural gas business in Indonesia, especially regarding the transmission of natural gas including natural gas transfer point of handing over to Singapore from the Singapore plant gate to the well head in Indonesia that affect the process of calculating the cost and selling price of natural gas.
Composition of gas
Natural gas is made of hydrocarbon gases with the main component methane (C1). Natural gas can be found under layers of earth, often in conjunction with oil reserves.
On arriving at the surface, the gas is separated from oil or water that may exist in the deposit. This process of purifying the gas by removing other existing gas such as propane and butane, and water content.
Different gas LPG (Liquefied Petroleum Gas) in terms of its elements. LPG is mainly made up of Propane (C3). LPG is distributed through the vessel, while natural gas through pipelines.
The energy generated by natural gas is measured by calories. Energy content is not uniform because the results from several different gas wells. Calories natural gas in Indonesia lowest is 5991 Kcal / m 3 while the highest reaching 11 127 kcal / m 3.
Natural gas is distributed in the area of ??Jakarta, Karachi, Jakarta, Jakarta has the calories of 7703-11127 kcal / m3, while natural gas is distributed in the region Cirebon have the lowest calories 5991 kcal / m 3.
The Importance of A Brand
In addition to the above reasons there are several reasons why a brand for the product is very important to the success of small businesses and also large-scale business ventures.
- Brand differentiate products with competitors’ products. Brand will give different identification with other products. Identification of the product is also beneficial in terms of advertising and promotion.
- Adding the product, consumers see the brand as a benchmark and add value to a product.
- The brand can add to the image of a product. Consumers also tend to choose products that are branded as more trustworthy, the origin of the product can be investigated.
- The need to manage the brand would be perceived by the entrepreneurs of Small Business which will open a branch.
Considering some of these benefits, one of the tips to build a successful business is to manage the brand for the products we have. Beik product that will more easily recognizable if you have a specific brand.
If anyone says “What’s in a Name” as if the name is something that is purely symbolic. So it is with a product, brand is a name for a product. From the concept of a brand is the identification of goods or services sold or produced by persons or groups. Thus it can be distinguished quality, type and other identification of each product. Most Small Business Group considers that the brand is only necessary for products which are owned by big companies, is to group the Small Business is not important a brand. In addition there is concern by using a certain brand will lead to expenditures for taxes swelled. Such thoughts should need to be reviewed, because by creating a brand for its products will be key to the success of small businesses in marketing their produce results.
The condition for this government and the concentration of small and medium businesses are still struggling on their own capital issues. Mentoring and development of Small and Medium Enterprises in the effort of making the brand a product still feels lacking. Small entrepreneurs from abroad who go to Indonesia generally have a pretty strong brand, so it can compete in the broader market. At this time among Small and medium enterprises have many run by groups of people educated to build brand awareness and product image are good. This educated group generally are not absorbed in working on large industrial and self-employed or entrepreneurs do have souls. Thus the competition of small and medium businesses no longer in the narrow scope and limited product, but has been competing at the level of quality and product image. This is where the real brand holds a very strategic role to differentiate its products with competitors.
Building a Brand that both seen as crucial to the success of any business to demonstrate the quality of a product. Have you ever questioned a situation where someone thinks often found to have committed a failure in branding and brand building. In the end, many business people often blame the process of branding as something done in vain and useless costly. Then, choose the return rests with conventional forces. The key is how to build a good brand and gives a positive effect for our products.
From the amount of experience gained during many years in the branding industry, the result is surprising. Particularly in Indonesia, until recently the development process of branding is still much misunderstood by definition limited to making a good logo, collateral interest, to just run the registration process patent / copyright of the logo.
Remember that your brand may be very well known by the community (high brandawareness) but could not be ascertained whether it be the choice brand (brand retention and brand loyalty).
Building a Presence By Brand
Imagine you were going to buy a cell phone. Obviously the first thing that usually taken into consideration is price. In addition, if possible, choose a model with the latest technology from all the available. In the era of free trade and globalization as currently many brands of new cell phones are popping up.
The product offers all the variations of the price offered. Most buyers look for other brands that have a similar model and possibly to specifications and prices are much lower.
What can we learn from situations like this? The worst situation is so many similar products so that when brands are disguised in a test product, many consumers have difficulty in performing the identification process. That is, due to market demands so great, many manufacturers are finally getting carried away with the current trends without thinking about differentiation.