Entreprenuer

Peter Harris: A Pioneer in the Insurance Industry

In 2017, CBL sold 20 million shares valued at $65 million. The shares represent 8.5% of the company’s issued capital. The sell was made to boost share market liquidity. The shares were sold for AU$3.00 per share. This is an 11% discount from the previous price of AU$3.35. CBL’s managing director at the time, Peter Harris, sold five million shares; the senior management sold 9.6 million, and deputy chairman Alistair Hutchinson sold 5.5 million shares. The shares were sold to a variety of Australian and New Zealand investors. CBL was founded in 2012 and specializes in reinsurance services. The companies services include brokerage services, property deposits, underwriting, rental guarantee bonds, and income protection. CBL provides its services to customers across the globe. The company had its headquarters in New Zealand and had approximately 550 employees.                          ;

Peter Harris received his master’s degree from the University of Auckland Business School. He started with CBL in 2007. Peter was instrumental in the success of CBL. He is also a board member of 25 other companies, The New Zealand Institute of Management, and the Australian Graduate School of Management. Prior to joining CBL, Mr. Harris served as a director for a number of companies to include Special Risks Insurance Brokers Ltd., Sunshine Nominees Ltd., South British Nominees Ltd., Dominion 114 Ltd., Alliance Investments Ltd., Eurasia Investments Ltd., South British Capital Ltd., General Capital and Commerce Ltd., Boston Marks International Ltd., Deposit Power Ltd., PFP Singapore Pte Ltd., Altares Ltd., and Claims Administration Bureau Ltd.

Read more here https://www.pressreader.com/new-zealand/otago-daily-times/20180303/281960313251326

Sudhir Choudhrie a an Award Winning Seasoned Entrepreneur and Philanthropist

Sudhir Choudhrie is a high profile prominent Indian born serial entrepreneur with interests in various cross border investments in industries such as healthcare, aviation, hospitality and real estate among others. Choudhrie was born and raised in New Delhi India, and it is in India where his entrepreneurship journey began. Choudhrie has an excellent academic background and holds a Bachelors of Economics Degree from the prestigious University of Delhi. After earning his university degree,

Sudhir Choudhrie began his entrepreneurship journey by first working in his grandfather Delhi based real estate business. Choudhrie would later venture into an electronic business where he dealt with the importation of TV equipment business. His business over the years successfully developed to be a leading import and export business in the whole of India and among many consumer goods supplied farm machinery across India. Choudhrie in the year 1975 established Magnum International trading Company and export business that steered him to greater success in business not only in India but internationally.

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Sudhir Choudhrie in 1995 expanded his business into the hospitality industry and as a result, established a joint venture with Taj Hotels Resorts. The hotel business was also a success and ended up expanding to include Taj Kerala and a portfolio of four other beautiful local resorts. Choudhrie the same year in 1995 partnered with Adidas AG and founded Addidas Indian Trading that opened up a network of 180 stores that supplied Addidas product to the whole of India. Sudhir Choudhrie in the year 2003 ventured into the aviation industry and invested in Air Deccan a local Indian first budget airline that at the time of the purchase had only one plane. The airline in less than five years had grown to become a powerhouse airline providing clients with over 200 flights in a day and transported more than 7 million passengers annually.

Sudhir Choudhrie currently resides in the UK together with his wife and two children. Choudhrie in 2010 formally became a British citizen and has over the years helped to bolster good relations between India and the UK. Choudhrie for his tremendous successes in international business and boosting good relations between India and the UK was in 2013 awarded the Asian Business Lifetime Achievement Award by the former British Prime Minister Theresa May. He, together with his family, is largely involved in philanthropic activities in the UK, India and the US, among other countries. Visit: https://www.gtc.ox.ac.uk/about/fellows/sudhir-choudhrie/

Smita Shah and Value Engineering

When Smita Shah is looking at a regular company we must always ask specific questions such as the ones presented below.

 

If Smita Shah is asking these questions we can determine a certain level of efficiency.

 

How much does the entity have to raise?

How much money does the entity have to pay in interest on the funds that it raises?

How much does the entity have to pay in the non-interest expense on the funds that it has raised?

How much equity does the company utilize in regard to the overall funds that it has on board?

 

Furthermore, Smita Shah must ask about the other factors that would be in play. Such as what are other expenses involved in starting up a company? These are aspects that one must dive into and discuss after having these initial thoughts. Learn more: https://www.thechicagonetwork.org/members/smita-shah/

 

Then, when we move on to the next aspect of the entire picture. What kind of work does the company engage in? How does it guarantee that it can conduct itself in an efficient manner? Well, if it is able to engage in safe activities such as selling groceries in a way that has proven to be profitable then it can have a steady future. 

 

For example, a bank that holds first-lien mortgages on lands and general agriculture areas may see that it has minimal losses in most years while only having a loss in the odd year or so. All specific industries benefit from being in a sustainable position where they have limited debt. 

 

Borrowing against assets is helpful only if the asset value will go up and one is able to pay back the debt in a proportional manner. Steady businesses such as residential mortgages businesses show that there are minimal fluctuations in operations and income and can provide value growth over the long-term. Thus, one can see that there is little loss of value.

 

As such, by asking the right questions we see that we are a better level and know why one entity will be able to win in the long-term. For an entity that has overall interest expenses that are less than 2.0% of all average assets, we can see that this is a great number. When factoring the cost of borrowing one can see that if one is able to get loans that are close to the U.S. Treasury bond that yields about 2.0% then one can be in great shape. Remember that the cost of borrowing matters because this is what the company must certainly account for in its day to day expenditures.

 

How much does the entity pay in the non-interest expense on the funds it has?

 

That is one important question to ask.

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Luke Lazarus Is A Startup Consultant In An Experience Economy

Sometimes, startups can experience difficulties or need help getting off the ground. This is where Luke Lazarus, a startup consultant based in Australia is able to help. He has been working with companies for the last 2 decades helping them make decisions and come up with solid business plans that will guide their companies into growth.

It can sometimes be difficult to decide on what the next steps for a company will be and the perspective from Luke Lazarus can help to make some of these decisions easier to make. If his expertise shows that the plan is not viable, he is able to help these businesses and CEOs come up with other options that can be done.

Luke Lazarus started his career young after finishing his MBA from Melbourne Business School at only 24. He decided that he was going to use the opportunity to get a jump start in his career and gain the experience of selling 4 businesses by the time that he had turned 33.

With less than a decade to achieve this goal, things weren’t always easy, but Luke Lazarus stayed steadfast in his endeavor. He is able to quickly identify the different strengths and weaknesses of startups while giving them options on how to address them. While it’s important to help the company meet their growth expectations, it’s just as important to inform them of their limits including financial and otherwise. If these limits are ignored, it can potentially lead to disaster. Read more: Luke Lazarus| Medium and Luke Lazarus – Investing.com

The days that Luke Lazarus spends working are always busy and long. In order to get them started the right way, he spends the first part of his mornings meditating for a few minutes. With the amount of multi-tasking that he is required to do during the day, it’s important to be able to clear his head beforehand.

In addition, he also makes sure to spend his mornings catching up with emails, enjoying coffee, and walking his dog. Maintaining his physical fitness is another way that he ensures that he is up to the tasks that he is responsible for and he makes the effort to go to the gym every day of the week.

There are a lot of emerging markets in our current economy, but many of them can be related to ones that already exist. Luke Lazarus is excited about the experience economy as people are looking to purchase more than a product, they are looking to have a connection with the businesses that they buy from.

Brands are creating experiences for their customers to create and maintain this connection while focusing on quality. While it has always been important to keep a company’s story as part of their brand, it’s more important than ever now.

Learn more about Luke Lazarus:

https://www.quora.com/profile/Luke-Lazarus
https://www.business.com/advice/member/p/luke-lazarus/