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The Facts of Business Life

The Facts of Business Life
Author: Bill McBean
Publisher: John Wiley & Sons
Total Pages: 368
Release: 2012-10-09
Genre: Business & Economics
ISBN: 1118094964

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IF YOU BELIEVE THAT: Being your own boss can be a great career choice Success is what you decide it is Doing what you have a passion and talent for can be very profitable Monetary risk, hard work, and new ideas should be financially rewarded Understanding the business basics every successful owner focuses on—and in what order—would be beneficial Success works for you only after you’ve worked for it Marketplace battles are won before they are played Knowing what owning a business is really like would make ownership success a lot easier Change can create great opportunities Knowing when to exit a business is as important a life and business decision as becoming an entrepreneur in the first place THEN THE FACTS OF BUSINESS LIFE IS FOR YOU! Written by a successful business owner with four decades of experience, The Facts of Business Life is full of real-world concepts that owners must use and embrace if they want to become and stay successful. This multiple award-winning book has been endorsed by some of America’s top business leaders, like Steve Forbes and Ken Fisher, and has been recognized as “one of the best five business books of the year” and “a must read for entrepreneurs or those wanting to be one.” McBean begins with clear explanations and real-life examples of the seven Facts of Business Life that every successful business owner knows and executes consistently, including exactly what they are as well as how and when to use them. He then goes on to show how those facts impact on the five levels every successful business passes through, from “Ownership and Opportunity” to “Moving On When It’s Time to Go,” explaining that while the facts themselves remain the same, as a business becomes successful and moves through its life cycle, the way they are applied must change to fit changing circumstances. But there are even more reasons why this breakthrough business book is a must read, including: Its principles are based on the author’s own experience in starting and running successful businesses in a variety of industries. It shows that the most successful businesspeople create profitable opportunities rather than wait for them to present themselves. It enables readers to analyze the likelihood of their own success based on the characteristics most successful owners have. It reveals the #1 priority for all owners and their employees, and why every owner needs to continually focus on it (Hint: it’s not being profitable). It emphasizes that becoming successful is no guarantee that success will last, and that success itself can be a trap that eventually leads to failure. It shows that a business’s culture isn’t just a mission statement but also the processes created to operate the business and the employees who implement them. It discusses the steps that must be taken even before a business is started to increase the odds of its becoming a lasting success. It covers every step in a business’ life cycle, including the last one, showing that the best time to exit a business is when you don’t have to, and that unless you pick that time, someone else will. MANY BUSINESS BOOKS INCREASE THEIR READERS’ KNOWLEDGE—THE FACTS OF BUSINESS LIFE NOT ONLY INCREASES THAT KNOWLEDGE, IT SHOWS YOU HOW TO TURN IT INTO PROFITS.


Modelling Longevity Dynamics for Pensions and Annuity Business

Modelling Longevity Dynamics for Pensions and Annuity Business
Author: Ermanno Pitacco
Publisher: OUP Oxford
Total Pages: 416
Release: 2009-01-29
Genre: Business & Economics
ISBN: 0191609420

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Mortality improvements, uncertainty in future mortality trends and the relevant impact on life annuities and pension plans constitute important topics in the field of actuarial mathematics and life insurance techniques. In particular, actuarial calculations concerning pensions, life annuities and other living benefits (provided, for example, by long-term care insurance products and whole life sickness covers) are based on survival probabilities which necessarily extend over a long time horizon. In order to avoid underestimation of the related liabilities, the insurance company (or the pension plan) must adopt an appropriate forecast of future mortality. Great attention is currently being devoted to the management of life annuity portfolios, both from a theoretical and a practical point of view, because of the growing importance of annuity benefits paid by private pension schemes. In particular, the progressive shift from defined benefit to defined contribution pension schemes has increased the interest in life annuities with a guaranteed annual amount. This book provides a comprehensive and detailed description of methods for projecting mortality, and an extensive introduction to some important issues concerning longevity risk in the area of life annuities and pension benefits. It relies on research work carried out by the authors, as well as on a wide teaching experience and in CPD (Continuing Professional Development) initiatives. The following topics are dealt with: life annuities in the framework of post-retirement income strategies; the basic mortality model; recent mortality trends that have been experienced; general features of projection models; discussion of stochastic projection models, with numerical illustrations; measuring and managing longevity risk.


Modelling Longevity Dynamics for Pensions and Annuity Business

Modelling Longevity Dynamics for Pensions and Annuity Business
Author: Ermanno Pitacco
Publisher: OUP Oxford
Total Pages: 417
Release: 2009-01-29
Genre: Business & Economics
ISBN: 0191563153

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Mortality improvements, uncertainty in future mortality trends and the relevant impact on life annuities and pension plans constitute important topics in the field of actuarial mathematics and life insurance techniques. In particular, actuarial calculations concerning pensions, life annuities and other living benefits (provided, for example, by long-term care insurance products and whole life sickness covers) are based on survival probabilities which necessarily extend over a long time horizon. In order to avoid underestimation of the related liabilities, the insurance company (or the pension plan) must adopt an appropriate forecast of future mortality. Great attention is currently being devoted to the management of life annuity portfolios, both from a theoretical and a practical point of view, because of the growing importance of annuity benefits paid by private pension schemes. In particular, the progressive shift from defined benefit to defined contribution pension schemes has increased the interest in life annuities with a guaranteed annual amount. This book provides a comprehensive and detailed description of methods for projecting mortality, and an extensive introduction to some important issues concerning longevity risk in the area of life annuities and pension benefits. It relies on research work carried out by the authors, as well as on a wide teaching experience and in CPD (Continuing Professional Development) initiatives. The following topics are dealt with: life annuities in the framework of post-retirement income strategies; the basic mortality model; recent mortality trends that have been experienced; general features of projection models; discussion of stochastic projection models, with numerical illustrations; measuring and managing longevity risk.


The Economics of Business Life

The Economics of Business Life
Author: Henry Penson
Publisher: Cambridge University Press
Total Pages: 247
Release: 2015-11-19
Genre: Business & Economics
ISBN: 1107586607

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Originally published in 1933, this book presents a guide to the interrelationship between business and economics by the renowned economist and historian Sir Henry Penson (1864-1955). The text was written with a twofold purpose in mind: 'to present a kind of economic background for a picture of business life, and to fill in the details of the picture by describing something of the machinery by which that business life is carried on'. A practical perspective is maintained throughout, although historical information on various business institutions is also provided. This book will be of value to anyone with an interest in the relationship between economics and business.


The Atlantic Monthly

The Atlantic Monthly
Author:
Publisher:
Total Pages: 784
Release: 1869
Genre: American literature
ISBN:

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The Equation

The Equation
Author: Omar Tyree
Publisher: John Wiley & Sons
Total Pages: 241
Release: 2009-04-27
Genre: Business & Economics
ISBN: 0470452838

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More than just another business self-help book, The Equation is a groundbreaking formula that looks at how all business is an art. The book will help business people rethink how they manage their art form and help businesses accelerate their productivity by creating a corporate culture driven by passion and zeal, as art is. The book will help entrepreneurs rethink how they manage their art form and help businesses accelerate their productivity by transforming corporate culture to be driven by passion and zeal, as art is. The Equation (L/A*S=B) reveals a foolproof blueprint for business and life. Readers will learn that, first you have to love what you do (L) and become a highly-skilled artist at it (A), while developing promotional and marketing tools to gather public and professional support (S), which ultimately leads to big business (B).


Living To 100

Living To 100
Author: Thomas T. Perls
Publisher: Basic Books
Total Pages: 0
Release: 1999-05-02
Genre: Self-Help
ISBN: 9780465041428

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Centenarians, once a rarity, are the world's fastest growing age group: there are currently about 50,000 people over 100 in the United States alone, almost three times as many as there were in 1980. Centenarians are setting the gold standard for healthy aging. What can we learn from these pioneers? How can people decades younger apply the centenarians' longevity lessons to their own lives? These are the questions Harvard scientists Thomas Perls and Margery Hutter Silver set out to answer when they launched the New England Centenarian Study.As they probed beyond disease to identify the parameters of an energetic later life, Perls and Silver realized that the key to preserving health and vitality lies not in learning how people stay young, but in understanding how they age well. By identifying lifestyle patterns, vitamins, and medications that contribute to aging well—and may even help slow down the aging process—they show how all of us can maximize the healthy portion of the life-span.Filled with personal profiles, informational sidebars, and quizzes, Living to 100 offers inspiration and solid scientific information to the more than seventy-five million people alive today who can look forward to their ninth and tenth decades.


Enduring Success

Enduring Success
Author: Christian Stadler
Publisher: Stanford University Press
Total Pages: 275
Release: 2011-01-05
Genre: Business & Economics
ISBN: 0804777217

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Enduring Success addresses a key question in business today: How can companies succeed over time? To learn the source of enduring greatness, author Christian Stadler directed a team of eight researchers in a six-year study of some of Europe's oldest and most stellar companies, targeting nine that have survived for more than 100 years and have significantly outperformed the market over the past fifty years. Readers may wonder, "Why European companies?" Yet, Europe is the ideal place to seek the key to long-term success; half of the Fortune Global 500 companies that are 100 years old or older can be found in Europe, as can 72 of the 100 oldest family businesses in the world. Fifteen years after Collins and Porras' Built to Last, this new book incorporates fresh insights from management science and provides the first non-US perspective on long-range success. Through Stadler's study, a counterintuitive story emerges: the greatest companies adapt to a constantly changing environment by being intelligently conservative. Enduring Success provides a coherent framework, grounded in five principles and practical concepts, for business leaders who are prepared to learn from the history of some of the world's greatest institutions. Please visit the author's YouTube channel www.youtube.com/user/StadlerChristian for more discussion of the book.