- High Risk, staged investments
- Long Payback Periods
- Traditionally dominated by super majors
- Many smaller players are now enetering the industry
- Stakeholder management is a key success factor
Pharma: Oil &Gas
.Highly skilled educated Folks. Commodity v/s unique products.
Success rates for each development stage. Hydrocarbon Prices.
Rainmakers according to my defination , are financial advisors who annually bring in 10 or more new clients with atleast $1 million in
investment assets. You can’t achieve this by casually going about your business, limiting yourself to comfortable activities & hoping that affluent prospects will come your way. Do that & you will end up playing it safe & taking on smaller clients.
Its the advisor who continually ventures outside his or her comfort zone, pushing the limits & staying committed to doing whatever it takes to bring in affluent clients.
Entrepreneurship is an art. It takes practice & requires a lot of knowledge of disparate areas of business. Running a business & owning an automated business are very different. Make the best use of your time today & everyday. Be the one focused on building the systems that can be repeatable without you. That is where real value is created. And in the end, the sum of those values determines the worth of your business.
CEO’s daily behaviour will make or break the company. Having a vision isnt enough, communicating is the key. When people get it they know how their daily job supports the vision.
In startups , earnings begin low to non-existence&share price is more about salesmanship &vision than earnings.
Mr BUFFET’s observation on CEO measurement: CEO who does not perform is frequently carried indefinetely. One reason is that performance standards for his job seldom exists.
Leading is more important than knowing.