Sunday, May 20, 2012

IPO

An initial public offering (IPO), referred to simply as an "offering" or "flotation", is when a company (called the issuer) issues common stock or shares to the public for the first time. They are often issued by smaller, younger companies seeking capital to expand, but can also be done by large privately owned companies looking to become publicly traded.

http://en.wikipedia.org/wiki/IPO

Barry Jay Minkow was one of the youngest CEOs to ever take a company public the age of 18. He ran a carpet cleaning company, became the youngest person to take a company public in America, and very nearly merged it into the largest carpet cleaning company in the country. At the suggestion of a friend, Minkow took the company public in January 1986, garnering a spot on NASDAQ. In 1988 he is also the youngest to be charged with a list of inappropriate decision and later when to jail.

At 18, Domenic Carosa co-founded Destra Corporation with his sister Anna, and at 25 was the youngest person in Australia to publicly list a company in 2000.

More case study can be found on the world wide web.

Tips

Everyone should start networking as soon as possible.

Networking is an ability that employs and hones research and communication skills. It is a powerful tool to discover opportunities for both work and personal ventures. Through networking sessions, you get to meet a wide range of personnel from various industries eager to explore possibilities and solutions beneficial to both parties.

Networking has been proven to be a key factor of entrepreneurial success. However, to maximize the full potential of this tool, one needs to be discerning in his/her selection of networking sessions. Attend sessions you deem most advantageous to your cause, thereby, reducing time wastage in moot opportunities. Alternatively, to further ensure effective networking, you can create your own networking groups and regulate the personnel attending.

Another critical determinant an aspiring entrepreneur has to take into consideration during networking sessions is to ascertain the risks involved in proposed ventures. Do not jump into any without adequate research. Doing your homework will equip you better in making informed decisions. In time, you will also realize that high-risk businesses do not necessarily guarantee high returns. Sometimes, a low-risk venture can generate high returns.

Successful businesses often rely on strong networking abilities. Mastering the skill early will, more often than not, increase your chances of making it good in business. With CEOD, you have a learning platform to seek partners, ask questions and maximize your potential as an individual or/and as a company.

Start networking today.