4 Valuable Lessons Private Consultants Can Learn From Corporate Consultants

Atlanta based Swimming Pool Design Consultant Charles Lubbat will be the first to tell you – design consultancy is far from an exact science. In the same way that the best stock market experts must flow with a changing tide, consultancy is a discipline that requires a great deal of foresight, research, and careful planning.

Here are four valuable lessons that private consultants can learn from their corporate counterparts.

Lesson 1 – Successful consultation is based on defining results.

There is an infinite number of ways to “play” the market. If you go into the market to simply “make money,” you will likely come out a loser. Success for one does not define success for any of the others, and if your metrics for success are not properly aligned, you will never even know whether you are succeeding or not.

The best private consultant is the one who gives you a plan that is specific to your needs. Determine whether you want customer acquisition, higher conversions, more profit margin, etc., before you try to use a general plan that attempts to cover all bases. You will not be able to cover all bases!

Lesson 2 – You must be able to move in real time with the market.

As a professional consultant, Charles Lubbat has a reputation based on the ability to move when the client says move. Clients trust consultants to inform them of changing conditions and exact strategies that will work before the project catches up with them.

A piece of news can completely change the outlook on a material’s price. In today’s world of instant information, it is unacceptable for anyone calling himself a professional consultant to fall behind the curve when new information hits the scene. In the world of design, a new competitor may bring a new technology to the fore, or Google may change the rules that define search visibility. Consultants have to keep up.

Lesson 3 – Those who prepare for the future win both the present and the future.

When it comes to the stock market, the successful investors are thinking many steps ahead of the curve. There may be short-term gains in the near future, but the true expert is playing the long game at all times. There are ways to set up trades that cannot lose if one has enough money and time, and the job of their consultant is to figure out exactly how to make these strategies happen.

In the world of design consultancy, consultants are thinking ahead of the market as well. New technologies are often made public well before they actually deploy. The successful designer is already factoring these new technologies into strategies for the present day. The rumor mill usually starts working well before the changes take place. The successful consultant is thinking well ahead of how to make sure that clients stay satisfied today and tomorrow.

Lesson 4 – Constant analysis is the key.

No strategy in the stock market is perfect from the very beginning. Also, strategies that may be perfect for day one may not work on day three. A constant analysis is a key to success. Successful strategies must be duplicated and perfected. The bad parts get thrown out like yesterday’s garbage.

In the stock market, the main metric for results is easy to find. If a client makes money, then there is generally a good feeling there. However, an analysis may show that an investor could have made more during that same period with a few tweaks in strategy. In a general business sense, if the customer acquisition rate rises by 10% year over year, the successful marketer is trying to figure out how to make that number 15% or 20% under the same circumstances.

The above are only a few of the similarities between these two exciting and vital disciplines. In many cases, solutions to problems are more easily found through analogies than through a direct source. Private consultants can definitely look to the successful strategies of the stock market or corporate marketers to get some great ideas about how to move next and create more value for clients.

Saleh Stevens Shares Five Reasons to Stop Focusing on the Bitcoin Price

While reading about the consistently changing price of the cryptocurrency, Bitcoin the many different benefits available from the Web-based currency far outweigh any concerns which may be appearing from experts fearing an uncontrolled rise in currency prices will create a bubble around the digital form of money. Technology experts such as Saleh Stevens have been spending much of their time revealing the many benefits associated with the currency which can be seen as more important than any concerns which may have arisen regarding the price of individual coins.

The overall aim of founder and programmer Satoshi Nakamoto was to create a new, digital currency capable of replacing the existing paper and metal currencies used across the world in a simple and effective way. Reviews of different cryptocurrencies by technology experts such as Saleh Stevens detail the many benefits available to investors looking to make a long-term investment in digital currencies which are growing in popularity. The consistent rise of the currency over the latter half of 2017 has caused some concern but the value of a currency over a single period of time does not always outweigh the benefits for individuals across the world.

Avoid taxation issues

Over the course of the development of cryptocurrencies, one of the major benefits above the overall value of the currency is the fact the digital nature of transactions makes it impossible for any government agency to keep track of the transactions taking place at any time. Stanford University reports the only way for any transaction between cryptocurrency users to be taxed is for the individual to self-declare their taxation needs which can be difficult as many payments are made across international borders over the digital domain.

Safety through Blockchain

The blockchain is one of the most important parts of the development of cryptocurrencies as this is a way of the actual ownership of a coin to be traced back to the original miner sourcing the currency using complicated algorithms. Rising costs associated with cryptocurrency mining have arrived with more than 16 million of the original batch of 21 million coins already being mined and sucking up a large amount of electricity and time for technology experts who do not wish to lose their hard-earned money through scams or security breaches. Keeping track of every aspect of the movement of coins through Blockchain technology makes it easier than ever to ensure secure transactions are always taking place.

Banks are finally accepting cryptocurrencies

One issue many individuals have identified as an issue with cryptocurrencies is the lack of institutions accepting coins as a form of payment. Executives at Merrill Lynch have been reported as stating any trader investing in cryptocurrencies will have their employment terminated but banking institutions in Russia and many top European capitals are now accepting cryptocurrencies to add another layer of authenticity to this new form of currency. Profit Confidential reports a company in Sweden has already been incorporated by the government of the Scandinavian country despite only accepting cryptocurrency payments.

The chances of fraud are lower

Online retail and service providers are often defrauded by unscrupulous groups who order items before reversing credit card payments once the product has been mailed for delivery. Cryptocurrencies are given a private key which changes with the new owner meaning the issue of Online retailers losing their payment is reduced as the buyer does not have the opportunity to change their payment options once they have completed the transaction.

Lower transaction costs

The development of cryptocurrencies has largely been completed in a bid to take the majority of transactions Online with a move towards lowering the overall cost of a transaction when compared to credit cards and bank transfers. Overall, the average cost of a cryptocurrency payment is around 0.0005 coins per transaction which compares more than favorably with the average credit card cost of between three and five percent of every transaction completed.

In general, technology experts such as Saleh Stevens believe the rising value of Bitcoin should be seen as a benefit of the currency as this shows how important this form of digital currency is becoming to the traditional markets of the global economy. Volatility on the traditional markets has also had an effect on the cryptocurrency development seen in 2017 as mainstream investors are seeking new ways of developing the currency across multiple platforms as they see the success achievable with the development of investments in this new area of currency trading. Adding multiple layers of security through Blockchain and Wallet authentications has also made this one of the safest ways of completing Online transactions in the most secure way possible.

5 Tips to Reduce Debt Stress

Nationwide Debt Direct

Do you ever wake up at night with the “money sweats”? Do you experience repetitive and racing thoughts about your debt and the state of your finances? Stress like this is an uncomfortable experience that effects us on all levels. Rather than letting debt stress effect your health, relationships, and career, reduce your stress levels and find peace as you pay off debt and take control of your finances. These five tips will help you lower your stress levels and feel healthy, peaceful, and ready to handle whatever comes your way.

  1. Acknowledge Your Feelings

Anxiety, depression, and fear can all arise when we think about debt. Emotions are physical experiences that can be acknowledged. Have you ever started to feel anxious, and reached for a beer or glass of wine instead of processing the anxiety as it came up? Instead of reaching for a synthetic depressant or stimulant, instead get curious about the emotion you are feeling. Where is it? What does it feel like? Processing emotions is a frightening task, but once you do it a few times you learn that you can survive the experience, and then the emotions can transform, instead of being stuffed away only to re-surface later

  1. Start Writing In A Journal

When you feel intense emotions come up about your debt situation, try reaching for a pen and paper. Write down your fears, angers, and complaints. Venting in this way can help you see clearly what your thought patterns are. Once they are on the page, they are changed forever.

  1. Explore Your Inner World

A severely challenging situation can be a powerful agent of change. As you face your debt situation, you might realize new things about who you are, what you value, and what you are capable. Be grateful for these lessons, and continue to travel deeper and deeper into your own psyche in order to gain understanding and peace around your life situation.

  1. Talk About Your Situation

Instead of keeping your debt a secret, speak about it out loud. If shame is holding you back from discussing your debt with friends and family members, you can talk with trained professionals who have heard many debt stories and will not be shocked or personally affronted by your situation. Nationwide Debt Direct is a great resource, or you could also bring the topic up with another objective professional such as a therapist. If you are able to overcome your feeling of shame, and can think of a friend or family member who would be safe to talk to, bring up the topic when you are ready. The relief of speaking your numbers out loud will be palpable, and by being vulnerable you will also give others the permission to share about personal financial issues.

  1. Make A Plan To Get Debt Free

Read books, watch videos, and absorb blog posts that steer you towards debt free living. This new focus will give you hope that a new and better way of feeling is possible for you. Just shifting your focus towards a solution rather than dwelling on the problem is a powerful step. As you focus on making a plan and setting up short term and long term goals, you will feel the burden and stress of your debt begin to lighten. Feel excited and celebrate your accomplishments as you meet your short term goals, or harness your determination and sense of willpower if you do not meet your goals, and try once again. Persistence is the key, and keeping your eye on the prize will give you a positive outlook.

Debt stress effects all areas of life. It can make you anxious, depressed, and less motivated. This affects the way you show up for your relationships, whether that is your relationship to your spouse, children, coworkers, or yourself. It affects your job performance, and all levels of your health. Reduce debt stress by learning how to process your emotions, going inwards, and coming out a stronger person. Make a plan and gain a positive outlook through focusing on solutions rather than the problem.

Staying On Top Of Your Credit Score

Many people have problems with their credit score. Sometimes, it’s not as high as they need it to be. While other times, it just doesn’t get updated quickly. So, when you need to be on top of your credit score, there’s nothing better than accessing your credit report. However, if not done the right way, you can see your score lowering even more.

So, what can you do?

When you’re thinking about how high you need your credit score to be, as a rule of thumb, you should try to achieve one around the 700s or higher. This is the value that most lenders look for before they actually approve the credit you need.

However, many people around the world have one common problem: they just managed to pay up all the credits they had and they are just celebrating. However, when they go check their credit score, they don’t see this taking any effect. What’s happening? Is there something wrong? Probably not. The most common thing that happens is that credit scores aren’t updated on a daily basis. So, if you just paid off all your debt today and go check your credit score tomorrow or next week, you probably won’t notice any difference. In order to see it reflected on your credit score, you need to wait between 30 or 45 days on average. This is the time they have to update your credit score according to your current finances.

Another thing to have in mind is that your credit score depends on what is on your credit report. Your credit report is a very detailed document that shows your credit history. Your history is then run through a credit score model that produces your score.

What usually happens is that the credit score is calculated at the time when the lender asks information about you. So, if you know when your credit report is updated, this is the best time to go and meet the possible lenders because this will make sure that your credit score is already updated.

There is another aspect that you need to consider about your credit score. Lenders usually give information to credit bureaus once a month. Depending on the information provided, this can translate into a slightly better or worse credit score. There are 3 main credit bureaus in the United States: TransUnion, Equifax, and Experian. Depending on your lender, they might report to only one of them, two, three, or they might not simply report to any of them. The kind of information the lenders usually send is related to any activity that is done by authorized users, if you were late with your payment or if you paid on time, your account balance, if your account is delinquent, defaulted, in good standing, in collections, among others, as well as any credit inquiries that have been made recently.

With so many different variables to take into account, it’s really important that you check for any credit updates. Even when you’re not currently looking for a lender, you need to make sure that your credit score is high enough in case you have an emergency, for example.

Why It Is Better Hiring A Debt Settlement Company Than Doing It Yourself

Settling debt is something many would love to accomplish in the shortest period possible. There are many people who have debts with several creditors and they have been wondering how they can easily pursue the settlement process to bring all these debts to an end, but there have always been challenges along the way. There are companies that specialize in debt settlement, which have been working with people to help them consolidate and clear their debts in the most applicable way possible.

However, some individuals choose to go into this without involving professionals and this leads to problems sometimes. Making the wrong estimations or assumptions about the repayment process could lead someone into believing they are able to come up with a plan that can settle the debt they have in few months.

Benefits of working through a debt settlement company

What debt settlement companies like Nationwide Debt Direct do is to eliminate all assumptions by drafting insightful reports and plans that make the consolidation process easy. The negotiation process alone is long and painful and very few people can manage to handle all the pressure and stress that comes with debt settlement. If you lack the time to make negotiations with creditors, you should involve debt settlement experts to do this on your behalf.

Owing to their many years in the industry, debt settlement companies have great relationship with many creditors. Therefore, any proposals they present before these creditors are easily approved. These professionals are known for coming up with impressive plans that help in the settlement process and they reduce the amount you are supposed to pay regularly to allow you the convenience needed to clear the debt.

Working through settlement professionals ensures your capacity is reflected in the negotiations so you are given what you can handle. Their proposals are targeted at eliminating stress and offering you an easy avenue through which you can clear debt. Most people cannot endure the long and stressful settlement process and they hand over these problems to settlement companies, which is a good idea that allows them space to pursue other activities.

How can you identify a reliable debt settlement company?

Now that you have made your mind up to work through a debt settlement company to ensure the debts you have are cleared, the next dilemma comes in choosing the right company to handle this process. There are many companies that offer these services but not each is verified and able to provide the convenience you need. It is advisable to consult with some of your friends who used a settlement company to clear their debt before.

Also ask the companies you come across if they are registered to operate in your state. Licensing is important as it allows you to pursue legal action should the company breach agreement. Also note that a reputable debt settlement company will not ask you to pay upfront. The company should give you their service agreement and payment policies so you can understand what to expect.

5 Tips for Business Owners On How to read Their Balance Sheets

“The balance sheet can be kind of tricky to read over. It houses a company’s assets and liabilities, amongst other things. I know many clients who get a headache after only 5 minutes of reading one”.

Brian Speier

There is a solution to all of this. Business owners have to learn how to read these things in the right way. It can be rather taxing. It can also be mentally exhausting, but it needs to be done when you own a business. A balance sheet house valuable information. You need this information so you can make well-informed choices for your business.

One of the better people to speak to about this is Brian Speier. He has helped many clients over the years to read their balance sheets better and make more sense out of them. Brian did not just come upon these tips overnight. He had to learn the hard way too. Now he is sharing these tips with us.

1) The assets have to equal the liabilities and the equity in your business. The formula is Assets=Liabilities+ shareholder responsibilities. Business owners who can understand this simple formula will understand the rest of it.

2) Business owners have to understand their current assets. This includes the money you have coming in and the money you will have coming in. When someone pays, this gets thrown into accounts receivable. This is all part of the assets your business owns.

3) You have to have a good understanding on what will be turned into cash. Some of the assets are not ready to be turned into cash yet. You have to know the difference between tangible and non-tangible assets. There is a big difference. Those who do not know the difference end up not being able to read their balance sheet correctly.

4) Your business has all different types of liabilities. Not all liabilities are classified the same. Business owners have to have a full understanding of each liability and how it affects the business. This goes for the short-term liabilities and the long-term liabilities. Each one has a bearing on your business. Labeling something as a tangible asset when it should be a liability, is one way to through off your numbers.

5) Know how much money each investor has tied up in your business. Some investors will decide to reinvest in your business after the end-of-the-year taxes. Some will not. You have to know who is going to reinvest and who will not. Assuming an investor is going to transfer over is not the right approach. This is your company’s net worth. Your balance sheet bottom line has to be equal to the real bottom line.

Go to http://BrianSpeier.com. This site can give you more information on understanding balance sheets and other questions your business may have. You can also get in touch with Brian here.

5 bold economic predictions for 2017

For the first time in decades, United States economic predictions are being based more on the political climate than the state of specific industries. Donald Trump’s victory in the 2016 presidential election is a sure signal about the unpredicted focus of the American people and their vested business interests. 2017 is already gearing-up to be a raucous year for the economy. The following are bold predictions about the economy based on current events, which are sure to make many forecasters think twice about their notions regarding money and investments.

Precious Metals Will Make A Comeback

Since the Bush Sr. administration there has been a concerted effort on the part of central banks to make paper currencies the primary focus of all international trade and commerce. The veil of unbacked currency is wearing thin in developed and developing nations that are dealing with social and political issues. 2017 will be the year where the majority of large trade nations take a second look at the status of their currencies on the world stage. With these uncertain machinations, smart investors including large banks, will continue buying metals like gold and silver in record amounts. Though governments will not recognize it, scarcity will naturally propel the price of these metals to record levels. Private metal owners will thus experience increased buying power and security.

The DOW Will Correct Itself

A new conservative core government in the United States is certain to take steps to minimizing the influence of the Federal Reserve Bank on the stock market. Each month, the FED buys immense amounts of stock in order to create a market outlook that is positive, but does not accurately reflect the real American economic environment. As a reconfiguration of investment laws gradually forms, a major correction in the stock market is certain. Most investors recognize that the markets are extremely over-valued and a correction is due. This correction could be as much as 30 percent, which would plummet the DOW to 2010 levels.

Gas Prices Will Fall

It’s a fact that there is a huge glut of oil and fuel supply sitting idle in the world. Fuel-producing nations like Russia, the United States, Saudi Arabia, and Venezuela are sitting on supplies that are sufficient for decades of present level use. The Trump administration has indicated that future actions regarding fuels will be focused on the deregulation of supply and refining industries. This is evident in the present battle over constructing new trans-North American delivery pipelines. This is sure to create a trickle-down effect throughout the world resulting in lower fuel prices.

Deflation Will Emerge

Actions like the rescinding of the Pacific Trade Agreement will put new constraints on food production industries in 2017. While some food commodity prices lower, the overall supply of foodstuffs throughout the world will also decrease. Major shortages in common grocery items could happen, which would create tension in distribution investment.

Housing Trends Will Favor Development

The Trump administration has made it clear that deregulation is a focus. Many housing market statistics indicate that this trend could only make a post-recession building environment more attractive to developers. This attraction to boost volume is especially powerful in multifamily and urban expansion housing developments. Evidence for this economic phenomenon is evident from endless financial analysis resources including Rusty Tweed Economics.

Mo Howard

Mo Howard, WVU graduate and CEO of Ultegra Financial Partners, founded the financial services company in 2012 after a decade of experience working in the finance industry. Howard, a cum laude graduate of West Virginia University, possesses an MBA in Finance and Financial Management Strategies and has leaned on both his education and experience in founding the company for which he now serves as CEO and Managing Principal.

As an undergraduate, Mr. Howard was able to balance a heavy class load with participation in collegiate athletics. Mo Howard, West Virginia University football player, was just as successful as Mo Howard, West Virginia University student while on the Morgantown, West Virginia campus. The time spent at WVU was very important to Mr. Howard, as it taught him the value of proper time management and how to strike a balance between multiple pursuits that carry significant demands in terms of both time and energy.

Now clients are relying on Muhammad Howard, West Virginia University alumnus, to provide a wide variety of financial services through Ultegra Financial Partners. The financial services provided by the company include commercial and small business lending services along with business consulting services and other finance-oriented services. As CEO and managing principal, Mr. Howard has overseen the development of the company from its start and was particularly instrumental in the establishment of the company’s client platform.

Ultegra’s web-based, client-centered platform has allowed the company to assist clients from across the country. Headquartered in Denver, Colorado, Ultegra’s reach is significant thanks to the sophisticated system it employs in order to assist its many clients nationwide. Mr. Howard’s previous experience in the finance industry helped him a great deal in this regard, as he understood that some of the systems that were being widely used in the finance industry had certain limitations that could be improved upon to create a better experience for both the client and the company.

Before becoming CEO of Ultegra, Mr. Howard served as the VP at the Denver office of US Capital Partners, specializing in the structuring of loans in addition to underwriting responsibilities while also overseeing the company’s continued development. Mr. Howard also spent several years working as a commercial lending associate at BB&T, where he graduated at the top of the company’s Leadership Development Program. Mr. Howard’s prior experience in the finance industry has proven quite invaluable to Ultegra, as Mr. Howard has thrived in his current role as CEO and managing principal of the company.

Sam Oven’s Biography

From his humble beginnings in the family garage to his meteoric rise in Manhattan, Sam Ovens is a “rags to riches” story come to life. In less than four years, Sam completely shattered all expectations when he amassed a $10 million consulting empire. By utilizing his unorthodox techniques and business philosophy, he has fine-tuned his art into a precise science. Because of this, not only is he a heavyweight of the business world, he is the go-to guy for anyone who wants to cut their teeth on consulting. His methods and theories have made him the man he is today, and they have the power to create more successful businessmen like him.

While he first started his conquest with a more “hands on” approach to consulting, an idea eventually popped into his head. By applying his consulting skills and strategy into an overwhelmingly comprehensive online training program, Sam has literally thousands of successful students under his belt:

  • 9 Millionaire Consultants
  • 136 6-Figure Consultants
  • Helped thousands of people start their own successful consulting firms.

As the popular saying goes, “The numbers don’t lie.” By eschewing the tried-and-true business methods, Sam’s tendency to think outside the box has paid dividends a thousand times over for him and his students.

Sam believes in the power of the individual, that they can carve their own paths towards success and stability if they are driven and dedicated enough. As he can firmly vouch for his proven methods, Sam’s extensive online training program is perfect for either the absolute beginner or the experienced consultant who wants to become bigger and better.

For anyone who wants a secure, financially stable career in consulting, look no further: Sam Ovens is your man.

Sam Ovens’ Biography

CreditUpdates.com on the Potential Factors Driving Jump in Mortgage Applications

CreditUpdates Mortgage applicationWhenever there is a sizable bump in the rate of demand in any industry, financial experts and investors are quick to take stock of the seemingly innumerable factors that might be driving the increased level of interest. AsCreditUpdates.com often points out, this immediate analysis is often conducted with the goal of determining whether the sudden increase in demand in a particular industry reflects the beginning of a trend or is simply the result of some statistical outlier.

According to the professionals at CreditUpdates.com, including those as knowledgeable as Alissa Davis, mortgage applications are the most recent trend demanding the kind of instant analysis so often engaged in by finance experts and shrewd investors. With a sharp increase of 9.3 percent in mortgage applications over the month of May, investors are suddenly scurrying to review the data to determine whether or not this is a trend representing a worthwhile investment.

It seems evident that the possible factors driving this sudden rise in demand are likely to be relatively limited once the more common adjustments are made to eliminate the most inconsequential of those influencing factors. In all likelihood, what will remain is probably going to be the reaction from a very recent decline in applications or the consumer response to the continually decreasing interest rates that are now available. If it is the latter, investors will feel much more confident in making related investments when compared to the former.