BusinessWorks Inc.- A dotcom in making

It is not uncommon for entrepreneurs to work long hours during start-ups and long time afterwards. This does take a toll on entrepreneurs. Long hours can increase the risk of injuries and health. Statistics are scary. 61% of people faced chances of injury during overtime and injuries were not restricted to any particular segment of the industry. It affected non-labor intensive jobs too. Read this article on Red Herring website.

My friend Jerry, passed an article to me from USA Today, Monday August 8, 2005 Edition about Omaha. This article is very interesting, so I thought of sharing with you, my readers. Although New York, Los Angeles and San Francisco boast of top 3 three positions in terms of number of billionaires, Omaha is eighth in terms of "per 1 million people", which is way above Los Angeles, Chicago and New York. Apart from numbers game, Omaha is a wonderful place for many things like raising a family, creating billionaires and generating entrepreneurs like me :-). Omaha has so far given 4 actors, 1 president, 1 baseball player,1 Civil Rights Leader and three billionaires to the world. Mention of Omaha is incomplete without the Sage of Omaha, Warren Buffet. So what is the secret of Omaha's success? Is it quality of life? Short commutes to work? Excellent ethics? Decide for yourself by reading the article or better still, by visiting Omaha. Do drop me a line when you visit the city fa

Another excellent edition of Carnival of Capitalists is up a day early at Weekend Pundit . As usual we have excellent business posts from stalwarts like Anita Campbell of Small Business Trends , Wayne Hulbert of Blog Business World , Yvonne DiVita of Lipsticking and many others including yours truly with his post about Business FAQ blog at Ideologic L.L.C.

BusinessWorks Blog will be celebrating it's First Birthday on September 24th, 2005. It is already experiencing growing pains. Google's Blogger is my current Blogging Engine and it has served me well, but it lacks a few critical features like Categories, Search facility, trackbacks that a Blog like mine needs. I am planning to move the blog to a different host and use WordPress as my Blogging Engine. To better serve my readers, each post will be categorized and search will be embedded in the page to find the content you need. There will be lot more features added, with a new theme, current month calendar to find the posts and much more. Current Blog will remain active during the process and once the transition is complete, it will redirect visitors to the new blog. Please bear with me for the inconvenience caused, until this transition is completed. The posts will be sporadic and few in coming week, but once the transition is complete, it will be atleast one post per day as u

Venture Capitalists, in absence of a solid predictable path, rely on these popular methodologies to arrive at crucial decisions about investments. Discounted cash flow and compound interest are two sides of a coin. As we know, a dollar you have today is worth more than a dollar you'll have at some point in future, because you can invest today's dollar and earn interest on it starting today. Inflation hasn't eroded today's dollar yet. Conversely it is true that a future dollar is worth less in today's terms so it has to be discounted to get it's present value. "Discounting" is a way of expressing the loss of interest income and/or erosion by inflation that you suffer by not getting that dollar until some point in the future. There are ready tables available that shows how much $100, to be paid at the end of various periods in the future, is currently worth, with interest at different rates, compounded annually. To use the table, find the vertical colu

Venture Capitalists, in absence of a solid predictable path, rely on these popular methodologies to arrive at crucial decisions about investments. Discounted cash flow and compound interest are two sides of a coin. As we know, a dollar you have today is worth more than a dollar you'll have at some point in future, because you can invest today's dollar and earn interest on it starting today. Inflation hasn't eroded today's dollar yet. Conversely it is true that a future dollar is worth less in today's terms so it has to be discounted to get it's present value. "Discounting" is a way of expressing the loss of interest income and/or erosion by inflation that you suffer by not getting that dollar until some point in the future. There are ready tables available that shows how much $100, to be paid at the end of various periods in the future, is currently worth, with interest at different rates, compounded annually. To use the table, find the vertical colu

Venture Capitalists, in absence of a solid predictable path, rely on these popular methodologies to arrive at crucial decisions about investments. Discounted cash flow and compound interest are two sides of a coin. As we know, a dollar you have today is worth more than a dollar you'll have at some point in future, because you can invest today's dollar and earn interest on it starting today. Inflation hasn't eroded today's dollar yet. Conversely it is true that a future dollar is worth less in today's terms so it has to be discounted to get it's present value. "Discounting" is a way of expressing the loss of interest income and/or erosion by inflation that you suffer by not getting that dollar until some point in the future. There are ready tables available that shows how much $100, to be paid at the end of various periods in the future, is currently worth, with interest at different rates, compounded annually. To use the table, find the vertical colu

Time value of money is one of the most important yardstick used by Venture Capitalists before investing. The internal rate of return (IRR) method of analyzing an investment utilizes the time value of money. This parameter provides you an option of calculating interest rate that is equivalent to the dollar returns that you expect from an investment. This helps you in comparing to the rate you can earn by investing in projects of similar merits. Lower Internal Rate of Return with respect to cost of borrowing indicates a money losing proposition. So typically a Venture Capitalist will be looking for reasonably high Internal Rate of Return when compared with Cost of borrowing. This is expected as Venture Capitalist is in the market to make money for the risk taken, time spent and trouble taken. Let us consider an example. A venture capitalist is studying an investment where initial cost of the project is $750,000 and expected return is $200,000 per year for next 5 years or $1,000,000 in t