Month: November 2018

Financing

Requirements For Getting a Car Loan

- by Michael Widianto
Requirements For Getting a Car Loan
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For Americans, the issue of transportation is the utmost importance, in some cases representing the key factor for getting or having a job. The public transit is not the solution in many cases because access in suburban job sites is limited. Sometimes, suburban jobs represent the only employment for persons with limited mobility, in order to work, be paid and survive.

People who are working in the suburban areas are not earning as much their counterpart in the urban cities, and because of their low income they will have many difficulties receiving any car financing or auto financing. It is all about good credit, bad credit and how much you are earning – Getting approved for loan can come down to as simplest of thing such as your family income or the household income. A person who is of medium or high-income earner will have no problem in …

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Stock Market

How Do You Fund a New Venture in a Mature Market?

- by Michael Widianto
How Do You Fund a New Venture in a Mature Market?
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Following a consolidation of equipment suppliers, the broadband network market has become mature with a few large players. This potentially leads to less diversity and industry creativity because the barriers to entry are now enormous. Starting a new venture in a mature market like this poses significant challenges. How would you approach funding a new venture in a mature market?

Advice from Chuck Gershman, Founder and Former CEO, Bay Microsystems

First, if you can get the venture off the ground, the opportunity is tremendous because competition for new approaches in a mature market is limited, and large players don’t move quickly. Their incentive is to change slowly to lengthen product life cycles. Rapid innovation is their Achilles’ heel. They are slow to respond to a market disrupter.

The downside to start-up innovators in a mature market is a diminished number of financiers interested in the space because of …

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