The aim of valuation is to determine what a firm is worth. Value is determined based on historical and future financial parameters. Determination of firm value is a highly subjective exercise that calls for judgment.

It changes and varies when business drivers and factors (both internal and external) change as well as when the environmental conditions like we’ve seen in Brooklyn, change. Since value estimation is subjective, it often serves as a basis for discussions. Moreover, there are many aspects of a business that is hard to quantify such as consumer behavior.

Two perspectives
Companies can be valued from two perspectives: from looking at the inside of the firms -internal- or from the expectations of the market -external-. The internal methods estimate the value of all the future potential cash flows generated by the company. Therefore it relies on methods based on the concept of discounted cash flows (DCF).

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Crowdfunding by definition is “the process of financing activity or endeavor by way of generating lots of modest sums of capital from a huge number of persons, generally by using the Internet”.

Nowadays, start-ups are under huge pressure to remain profitable, and business owners are not going through the best of times when it comes to making any profits, so it seems.

Crowdfunding creates a good possibility for success for this kind of entrepreneur and business, by displaying their initiatives and assignments to the whole global community, and let’s not forget that through online education, lots of things in the process, becoming invisible.

The infographic shown below, designed by Eventstir events crowdfunding service, gives an excellent review of the global crowdfunding arena. It includes broad subject areas, such as the total amount of funds generated and platform explanation by region, along with specific parts of the world, together with the greatest platforms and ventures.

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It’s possible to boost your personal brand by establishing a reputation as an expert in your niche. Experts are sought after, they get noticed, they can command higher fees for their services, and they get interviewed by journalists. In brief, becoming a recognized expert can help you achieve your business goals using less effort.

Until recently, becoming a recognized expert took decades and only the MBA degree or the academic degree granted the status of the expert but today even if you got your diploma through online classes you can be easily perceived as the expert. Showcase your knowledge in online and offline events, choose the right strategy, and start your journey towards becoming a recognized expert using online marketing and social media.

Just say you want to be known as the expert on cutting machines then you should: 

• Write articles about your niche and publish them on your website and blog. Your website is the virtual headquarters of your business. Every promotion leads to your website, so make sure your articles are visible and easy to find.

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I’ve been thinking about this a lot lately. How much I loved school. How much I miss it. What I’d do differently if I were to do it again.

• Would I put more effort into my final year?
• Would I plan my career?
• Would I listen to my parents’ advice or my own?
• Would I… would I… would I…?

I don’t regret anything. I try not to regret anything, with my life’s motto being “Never regret something that once made you smile” – and school certainly made me smile. Without a doubt. It was the happiest time of my life. Sure, it didn’t feel like it at the time.

I’d love to go back, even for just one day. I’d love to have that feeling of knowing my work was good. Getting good grades was my main aim in school and I did.

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If you are one of those people who take their career very seriously and if you have definite plans for how your career should develop and unfold, then mapping your career’s growth can help you know if you are staying on the path you chose or not. It can let you know if it’s time to kick things into overdrive or perhaps time to reevaluate your career plans.

Getting Started

Before you can create your own map, there are some things about yourself you will need to consider.

• Know your own value system. This means the things that are important to you and the places in the sand where you draw the line.
• Identify Your Life Goal. This is the reason you work, the achievement of a particular goal, the light at the end of the tunnel. You cannot know how well you are doing at moving toward your goal if you haven’t identified what it is.
• Name your strengths and weaknesses. Do not hide them or cover them up. Embrace them. They will guide you down your career path.
• Understand your likes and dislikes. If you are to succeed in your chosen career, you have to enjoy what you are doing for the better part of the time. A career that pays great won’t serve you well if you hate to do it.
• List the skills you currently have and those you need to get to the goal. These will help give you direction along the way.

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