Tag: People

5 facts about Social Security #people #security

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5 facts about Social Security

President Franklin D. Roosevelt signs the Social Security Act on Aug. 14, 1935. (Photo by FPG/Archive Photos/Getty Images)

When President Franklin D. Roosevelt signed the Social Security Act into law 80 years ago this month, he said that while [w]e can never insure one hundred percent of the population against one hundred percent of the hazards and vicissitudes of life we have tried to frame a law which will give some measure of protection to the average citizen and to his family against the loss of a job and against poverty-ridden old age.

In the decades since then, Social Security has developed into one of the most popular federal programs, though that popularity is tempered by concern over its long-term financial outlook. In a 2014 Pew Research Center survey. for instance, 50% of Gen Xers and 51% of Millennials said they believed they would receive no Social Security benefits at all by the time they re ready to retire. Earlier this year, 66% of Americans said taking steps to make Social Security financially sound should be a top priority for President Obama and Congress this year, placing it fifth among 23 issues asked about.

But any reform plan entailing cuts to benefits likely would face an uphill battle for public support. The 2014 Pew Research survey also found large majorities across all generations agreeing that Social Security benefits shouldn t be reduced; even among Millennials, the generation furthest from retirement, only 37% said future benefit reductions should be considered.

There s often considerable confusion as to just how Social Security works, which is perhaps not surprising given the program s complexity. (The original 1935 Social Security Act was 29 pages long; the current law. much amended and expanded, runs nearly 2,600 printed pages.) Here s a primer on the program:

1Social Security touches more people than just about any other federal program. At the end of 2014, according to the most recent trustees report. some 59 million Americans were receiving retirement, disability or survivors benefits from the system; the total cost was $848.5 billion. 166 million people paid payroll taxes into the system.

2Social Security is, and always has been, an inter-generational transfer of wealth. The taxes paid by today s workers and their employers don t go into dedicated individual accounts (although 32% of Americans think they do, according to the 2014 Pew Research survey). Nor do Social Security checks represent a return on invested capital, though you might be forgiven for thinking so since the personalized Social Security statements that used to be mailed out once a year and now are available online detail your payment history and projected monthly benefits. Rather, the benefits received by today s retirees are funded by the taxes paid by today s workers; when those workers retire, their benefits will be paid for by the next generation of workers taxes (caveat: see Point 3). Your benefit amount is based on your earnings history and age at retirement. not on how much you and your employer paid in Social Security taxes (although for most people, taxes paid are closely tied to their earnings).

3Right now, Social Security has plenty of assets. For much of its history, Social Security was a strictly pay-as-you-go system, with current tax receipts funding current benefits. That changed in 1983, when Congress (as part of a comprehensive overhaul of the program) raised the payroll taxes that provide the bulk of Social Security s revenue, to build up a cushion for the coming onslaught of Baby Boomer retirees. For nearly three decades, the system took in far more revenue than it paid out in benefits; the surplus was invested in special non-tradeable Treasury bonds, with interest credited to the system s two trust funds (one for old-age and survivors benefits, the other for disability payments). As of July 31. those trust funds together held $2.83 trillion in Treasuries. (Some people characterize that as the government borrowing from or raiding Social Security, but the system is in essentially the same position as any other investor who buys Treasuries.)

4But since 2010, Social Security s cash expenses have exceeded its cash receipts. Negative cash flow last year was about $74 billion, according to the latest trustees report, and this year the gap is projected to be around $84 billion. While the credited interest on all those Treasuries is still more than enough to cover the shortfall, that will only be true until 2020. After that, Social Security will begin redeeming its hoard of Treasuries for cash to continue paying benefits – as was the plan all along.

5Social Security s combined reserves likely will be fully depleted by 2034. according to the trustees intermediate forecast. The disability-insurance trust fund could run dry as soon as the end of 2016, while the old-age and survivors fund is expected to be depleted in 2035 – assuming it s not tapped to backfill the disability fund. (The Congressional Budget Office, in a separate report that uses somewhat different demographic assumptions, projects that the disability fund will be exhausted in fiscal 2017 and the old-age and survivors fund in calendar 2031; if the funds are combined, they would be exhausted in calendar 2029.) The exact depletion dates depend, of course, on future demographic and economic trends. After the reserves are exhausted, the system still will be receiving tax revenue, but it will only be enough to pay about three-quarters of scheduled benefits – unless Congress changes the benefit formulas, raises the payroll tax, or makes other changes such as raising the cap on taxable wage income (currently $118,500).

Note: This is an update of an earlier post originally published on Oct. 16, 2013.





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SA Nursing Council Home Page #old #people #nursing

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South African Nursing Council

Welcome to the South African Nursing Council website. This site concentrates on all matters relating to the regulating of the nursing and midwifery professions in South Africa. The information is intended to appeal to a wide audience – from the serious researcher to those who are considering a career in nursing.

Nursing education institutions will find information relating to the standards and other requirements for providing nursing and midwifery education and training – including all the applicable regulations and circulars ( news items) of the Nursing Council.

Practising nurses will find the site most useful. You will be able to find the latest and most up-to-date information about your profession here – including the latest applicable practice standards.

International visitors are welcome – particularly those who are doing international nursing research, those who are considering coming to further their education, and also those wishing to work as nurses/midwives in South Africa

Delay in issuing of 2018 Annual Practicing Certificates

Please note that South African Nursing Council (SANC) is experiencing technical challenges which led to the delay in issuing of 2018 Annual Practicing Certificates (APCs).

SANC is aware of the implications of the said delay on nurse practitioners, hence this matter is receiving utmost intervention. It is anticipated that the challenge will be resolved within reasonable time.

Nurse practitioners are advised to pay at FNB for now and APCs will be posted at a later stage.

Thank you for your cooperation.

Annual Fees for 2018

Normal Annual Fees

The annual fees for the calendar year 2018 for the different categories of practitioners are given in the following table:

The reduced restoration fee will only apply if your name was removed from the register at your own request – this must be confirmed with the Council before paying the reduced amount.

3. CLOSING DATE FOR PAYMENT OF ANNUAL FEES

Please note that for the calendar year 2018, the closing date for the payment of Annual Fees is 31 December 2017. You are therefore urged to pay as soon as possible in order to avoid the last minute rush.

Please note that other fees will be applicable with effect from 1 January 2018.

Court rules in favour of Nursing Council on the cancellation and re-scheduling of examinations

The South African Nursing Council (SANC) would like to express its appreciation for the judgement handed down yesterday, 26 June 2017 in the Gauteng North High Court in the case between the SANC and HOSPERSA (The Health and Other Service Personnel Trade Union of South Africa) regarding the cancellation of examinations for the Bridging Course for Enrolled Nurses leading to registration as a general nurse/ psychiatric nurse: Government Notice No. R.683 of 14 April 1989 (as amended).

Nurses warned against fraudulent forms and bank details

2 February 2017

The South African Nursing Council has issued an urgent warning to nurses who are registering with the SANC, specifically with regards to the application for restoration .

It has come to our attention that a copy of our official application for restoration form has been fraudulently duplicated and altered with 2 paragraphs (9 and 10) added as well as bank account details that do not belong to the SANC. Read more.

Payment of Annual Nursing Fees

30 January 2017

The South African Nursing Council would like to reaffirm that all nursing practitioners have to pay their annual practicing fees, like any other professionals working in other professions in the country, to enable them to practice nursing legally in South Africa.

However, unlike other professionals, nursing practitioners have 6 months to pay their fee. Read more.

Information regarding the phasing out of Legacy Nursing Qualifications

20 December 2016

This effectively means that no students shall be enrolled into any Legacy qualification after 31 December 2019.

SANC Examination Schedule for 2017

20 December 2016

The Schedule for all Examinations to be held in 2017, is available.

Appointment of Acting Registrar and CEO

20 December 2016

This circular serves to inform all Stakeholders that Ms Sizeni Angel Mchunu has been appointed as the Acting Registrar and Chief Executive Officer. Read more.

Annual Fees for 2017

1. Normal Annual Fees

The annual fees for the calendar year 2017 for the different categories of practitioners are given in the following table:

The reduced restoration fee will only apply if your name was removed from the register at your own request – this must be confirmed with the Council before paying the reduced amount.

3. CLOSING DATE FOR PAYMENT OF ANNUAL FEES

Please note that for the calendar year 2017, the closing date for the payment of Annual Fees is 31 December 2016. You are therefore urged to pay as soon as possible in order to avoid the last minute rush.

Please note that other fees will be applicable with effect from 1 January 2017. as stipulated on the government gazette published on 29 June 2016.

Updating of personal details

12 October 2015

In preparation for the implementation of the new information technology system, the South African Nursing Council is also updating its member register. To assist in this, all practitioners are requested to kindly submit their information (on the relevant form ) as soon as possible using one of the following means of communication:

Facsimile: 086 231 9094

What you will find on the Nursing Council website

The following is a brief outline of what you will find on this website.

About SANC tells you all about the Nursing Council – the Council vision. mission and objectives. the members that make up the Nursing Council. the various Council committees and the members that serve on each, etc.

Complaints deals with the process of investigating matters which have been reported to the Nursing Council and which may constitute unprofessional conduct . You can find out how to lodge a complaint (if you have one) and the process which will follow the receipt of your complaint. If you find yourself in the unfortunate position of having a complaint against you, this information will help you to understand the whole process – including your own rights.

Education and Training contains documents related to the education and training of nursing and midwifery students.

Education Institutions contains a full list of all the nursing education institutions accredited by the South African Nursing Council and their contact details (arranged by province). If you are a prospective student, this will enable you to find an institution near where you live OR in a place where you would like to study.

eRegister is a link to the Nursing Council electronic register of nurses and midwives – where you can confirm the status and qualifications of registered practitioners.

Examinations deals with those examinations which are conducted by the Nursing Council. Here you will find the schedule of examinations to be held as well as examination results (a new feature from 2014). If you are a candidate who is planning to write or who has written a Council examination, you will definitely be interested in this information.

News is where you will find all the latest decisions of the Nursing Council. new policies, proposed policies and discussion documents on which the Council would like your comments. You should visit these pages if you want to keep informed and to be involved in shaping the future of Nursing and Midwifery in South Africa.

Policies contains some of the Nursing Council policies and position papers that are published for general information.

Presentations contains Nursing Council presentations delivered at various events. Delegates may find this useful material to supplement the knowlege gained during the event.

Publications contains the full texts of official publications which are available from the Nursing Council. These include the Nursing Act, regulations, teaching guides and teaching policies of the Council. Although you are welcome to print and use copies of these documents, it is recommended that you refer to them on-line as you will then be sure to obtain the very latest information.

Services gives details of the services provided by the Nursing Council and how much each costs. You can also download various official forms from these pages – this will ensure that you always use the current version of the form. This is also the correct place for you to find out about the various options available for paying annual fees.

Statistics is for the inquisitive and the researcher. Ever wanted to know how many nurses qualify each year? This is where you will find all the information you need.

Supply Chain is where suppliers or prospective suppliers can download the form used to apply for registration as a supplier on the Supplier Database. You can also find out about current bids/tenders and download necessary forms and information.

You are visitor number since 1 December 2014.





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Louisville Business First: 20 People to Know: Trey Riddle #online #business #degree

#business first louisville

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Louisville Business First: 20 People to Know: Trey Riddle

Favorite way to spend time away from work:

Describe your company:

Sunstrand is a manufacturer and supplier of biomaterials for a variety of technical and industrial applications. Our focus markets are polymer composites, plastics and technical nonwovens. Basically, we take raw agricultural feedstocks (bamboo, kenaf, flax, hemp) and manufacture our products that take the form of fibers and fillers (particulates).

Our customers (upstream manufacturers) then incorporate these materials into their products. Ultimately, our materials will be used in a variety of applications, including consumer goods, automotive, building materials and sporting goods.

What is the biggest hurdle for entrepreneurs in the area?

Acquisition of capital is probably the No. 1 most challenging issue facing startups in the area. The community has done a really good job of highlighting some of the bigger names in local investment, but that is just the tip of the iceberg, so to speak.

How do we get below the water line? Additionally, there are way more companies needing capital than investors, and that breeds deal partiality.

What is some advice for people who want to start a company?

Seek out help. I have found that people are generally willing to have open discussions with you about a variety of business-related topics if you just ask nicely. The key in those situation is to not push product, but rather reach out for advice. Be dedicated and stay vigilant — there will be ups and downs. It is not all about the money. If you are not passionate about the business, don’t even think about starting it.

What’s the most interesting question a potential investor has ever asked you?

What is your plan? Not what is the business plan, but where do I see myself personally in 10 years. I think the key here was that the potential investor was interested in my personal goals because he knew that it would affect the business in the long run.

Share This Story, Choose Your Platform!





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How to Get a Credit Card With an ITIN #how #to #get #people #to

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How to Get a Credit Card With an ITIN

An individual taxpayer identification number (ITIN) is issued by the Internal Revenue Service for people who need to process taxes but aren t eligible for a Social Security number. While ITIN numbers were originally intended for the sole use of the IRS, many businesses such as banks are choosing to use them as a legal form of identification to open banking and credit accounts. Most banks will offer unsecured credit cards only to individuals with ITIN numbers who have already established a good banking history with them. However, anyone with an ITIN number is eligible to get a prepaid credit card regardless of credit history.

Prepaid credit cards have the Visa or MasterCard logo just like a regular credit card.

Step

Enter prepaid credit card into an online search engine and press Enter.

Step

Search through the terms and conditions of some of the offered cards and choose the one you like the best. A couple of choices that come up are AccountNow and Green Dot. Let s use AccountNow for an example here.

Step

Click Sign Up Today – Free.

Step

Fill out the Tell Us About Yourself form. This form will ask for your name, address, telephone number and email address.

Step

Click the box saying you agree to the terms and conditions and click Submit.

Step

Choose how you want to fund your card. You can choose to deposit your money by direct deposit, at a retail location or through an online transfer from another account.

Step

Enter your ITIN number, your date of birth and your telephone number and click Submit.

Step

Wait for your instant approval. Your application will be processed immediately, and you will be told if you were approved.

Step

Wait for your welcome packet. The packet along with your new credit card will arrive in the mail in approximately five to seven business days. Your welcome packet will also contain instructions for setting up the funding for your new card for the first time.





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Greece – Bulgaria: Call for innovative business ideas of young people (SMART START-UP project)

#innovative business ideas

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European Territorial Cooperation is an Objective of the Cohesion Policy and provides a framework for the exchange of experiences among local and regional actors from across Europe

Development.

European Territorial Cooperation contributes in the transformation of the European regions into strong economic and social poles through the funding of common projects

The team.

Our officers are responsible for the management of five bilateral cross-border Programmes and the national coordination of the seven multilateral Programmes, Greece is participating in

Vision.

More growth and jobs for all regions of the European Union through the promotion of cross-border, transnational and interregional cooperation

Perspective.

European Territorial Cooperation Programmes enhance economic and social cohesion, encouraging balance development and promoting competitiveness

The Business Information and Consulting Centre – Sandanski announces a call for innovative ideas for start-up or development of business by young people with potential and interest in entrepreneurship, new technologies and innovation. The aim of the SMART START-UP competition is to encourage and motivate young people to generate innovative business ideas with potential for further development.

Detailed information concerning the conditions, deadlines and required documents for application can be found here

Please note that the deadline for submission of business ideas is: 29.05.2015, 17:00

This initiative is carried out within the framework of the Project SMART SPECIALIZATION

Events calendar


European Territorial Cooperation Programmes are co-funded by European Union and National Funds of the countries participating in them

Navigate:

Register in Newsletter:

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Freelance Web Design and Web Marketing services





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A Rant About Asking People if They Are “Busy” – Red Hot – Business

#busy

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A Rant About Asking People if They Are “Busy”

A Rant About Asking People if They Are “Busy”

I have a request that will help you and your fellow business owners….

Stop asking people if they are busy to see how they are.

We ask people this as if them responding with a “yes” is a good thing?

I don t know anyone who truly wants to feel busy. “Busy” normally goes along with feeling over-worked, tired and stressed out, it usually means not being relaxed and surviving on adrenaline. I don’t know anyone that really enjoys those feelings on an ongoing basis (and I certainly don’t like it either).

I do like to feel challenged though. I do like to feel that I m in demand. I do like to feel that I have a good flow of business to keep me profitable. I like to feel that I’ve got things under control and be relaxed about it (even when I’m working hard).

To me, Busy is a dirty four letter word. We are trained from an early age that busy is a great definition of success Because if we re busy then we must be successful, right? It s not true though. Busy is NOT a sign of success. Busy might mean that we have a lot of clients or work on, but it’s very easy to be busy yet not be profitable. And it s easy to be busy and profitable and still not be happy!

In my observation from coaching hundreds of business owners most are too busy. Their business runs them. So a better question might be How s business? or How s everything working out?” Let’s break the curse of ‘busy being a good thing in business.





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Some People Have a Therapist #stock #market #report

#business coach

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Some People Have a Therapist. I Have a Business Coach.

We all have issues. For many people, those issues tend to be related to personal goals and problems, such as relationships and the like. For me, my anxiety, focus, goals and frustrations seem to mostly be around business.

So, while many people hire therapists, I have the business equivalent: a business coach.

I have been working with my coach, Alan Roby. for close to six years. We meet via phone for an hour, usually twice a month. He has helped me to not only transition myself from investment banker to a media and entrepreneurial hybrid, but he is a constant source of support.

While coaches can vary in price — from less than $100 to several hundred dollars or more per session — price shouldn t be the deciding factor. You want to find a coach who understands you and your business and that you are comfortable with, but also one that will push back on you, too. Hiring a yes man (or woman) won t produce a good return for your investment.

Getting recommendations can be a good place to start on your search for a coach. Also do some research online and then try out a few in a complimentary or low-cost initial session (which most coaches offer) to get a feel with whom you think would be the best fit for your needs.

Here s why I think that this type of business therapy is helpful and how you and your business can benefit from it.

I pay to only talk about me and my business

I m an advisor — it s the role I play in life. That role is so prevalent that for a while, my nickname was Lucy (a la The Dr. Is IN from the Peanuts cartoon). Personally and professionally, I give advice to solve other people s problems.

This means that most of the time, I am not focused on or talking about my development.

By paying a business coach, I get, for a full-hour at a time, to talk about and focus on nothing other than me, my problems, my opportunities, my goals and did I mention me? It forces me to schedule time to work on my own business, time that I would likely have spent helping someone else. This discipline has been invaluable in morphing my professional life and growing my business endeavors.

Additional business knowledge

While I do have many friends who would oblige listening to me if I asked, many don t understand business. So, their help isn t so helpful in problem solving. Having a savvy business person in my corner gives needed perspective, such as seeing the forest through the trees, so to speak, from someone whose input is relevant.

Consistency and history

Having a history of working together allows my coach to see patterns or to reference things and opportunities that I have mentioned in the past that I may have overlooked or even forgotten, but that could be helpful in the present and the future.

No BS

Because my coach is a paid advisor and not a friend, he will call me on the few occasions where I need to be called out. Friends, family and even colleagues are often hesitant to do this because they have a multi-faceted relationship with me and want to keep up the warm fuzzies in our interactions. The coaching relationship is aligned around helping me to succeed, which gives my coach more freedom to be honest and helpful.

No judgment

On the other side of the coin, I am also brutally honest with my coach, because I know that there is no judgment. I don t have to worry about hurting someone else s feelings or being vulnerable. Not that I am one to really be anything other than brutally honest, but I still feel like I have more liberty to deep-dive into the nitty-gritty of my moods, challenges, etc. because I know that he will help me to work through those, without having to worry about it making family dinner awkward.

So, whether you are seeking discipline, a forum to vent or even a sanity check without judgment, I recommend that you invest in a business coach to help your business get to the next level.





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Some People Have a Therapist #starting #own #business

#business coach

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Some People Have a Therapist. I Have a Business Coach.

We all have issues. For many people, those issues tend to be related to personal goals and problems, such as relationships and the like. For me, my anxiety, focus, goals and frustrations seem to mostly be around business.

So, while many people hire therapists, I have the business equivalent: a business coach.

I have been working with my coach, Alan Roby. for close to six years. We meet via phone for an hour, usually twice a month. He has helped me to not only transition myself from investment banker to a media and entrepreneurial hybrid, but he is a constant source of support.

While coaches can vary in price — from less than $100 to several hundred dollars or more per session — price shouldn t be the deciding factor. You want to find a coach who understands you and your business and that you are comfortable with, but also one that will push back on you, too. Hiring a yes man (or woman) won t produce a good return for your investment.

Getting recommendations can be a good place to start on your search for a coach. Also do some research online and then try out a few in a complimentary or low-cost initial session (which most coaches offer) to get a feel with whom you think would be the best fit for your needs.

Here s why I think that this type of business therapy is helpful and how you and your business can benefit from it.

I pay to only talk about me and my business

I m an advisor — it s the role I play in life. That role is so prevalent that for a while, my nickname was Lucy (a la The Dr. Is IN from the Peanuts cartoon). Personally and professionally, I give advice to solve other people s problems.

This means that most of the time, I am not focused on or talking about my development.

By paying a business coach, I get, for a full-hour at a time, to talk about and focus on nothing other than me, my problems, my opportunities, my goals and did I mention me? It forces me to schedule time to work on my own business, time that I would likely have spent helping someone else. This discipline has been invaluable in morphing my professional life and growing my business endeavors.

Additional business knowledge

While I do have many friends who would oblige listening to me if I asked, many don t understand business. So, their help isn t so helpful in problem solving. Having a savvy business person in my corner gives needed perspective, such as seeing the forest through the trees, so to speak, from someone whose input is relevant.

Consistency and history

Having a history of working together allows my coach to see patterns or to reference things and opportunities that I have mentioned in the past that I may have overlooked or even forgotten, but that could be helpful in the present and the future.

No BS

Because my coach is a paid advisor and not a friend, he will call me on the few occasions where I need to be called out. Friends, family and even colleagues are often hesitant to do this because they have a multi-faceted relationship with me and want to keep up the warm fuzzies in our interactions. The coaching relationship is aligned around helping me to succeed, which gives my coach more freedom to be honest and helpful.

No judgment

On the other side of the coin, I am also brutally honest with my coach, because I know that there is no judgment. I don t have to worry about hurting someone else s feelings or being vulnerable. Not that I am one to really be anything other than brutally honest, but I still feel like I have more liberty to deep-dive into the nitty-gritty of my moods, challenges, etc. because I know that he will help me to work through those, without having to worry about it making family dinner awkward.

So, whether you are seeking discipline, a forum to vent or even a sanity check without judgment, I recommend that you invest in a business coach to help your business get to the next level.





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Louisville Business First: 20 People to Know: Trey Riddle #best #online #business

#business first louisville

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Louisville Business First: 20 People to Know: Trey Riddle

Favorite way to spend time away from work:

Describe your company:

Sunstrand is a manufacturer and supplier of biomaterials for a variety of technical and industrial applications. Our focus markets are polymer composites, plastics and technical nonwovens. Basically, we take raw agricultural feedstocks (bamboo, kenaf, flax, hemp) and manufacture our products that take the form of fibers and fillers (particulates).

Our customers (upstream manufacturers) then incorporate these materials into their products. Ultimately, our materials will be used in a variety of applications, including consumer goods, automotive, building materials and sporting goods.

What is the biggest hurdle for entrepreneurs in the area?

Acquisition of capital is probably the No. 1 most challenging issue facing startups in the area. The community has done a really good job of highlighting some of the bigger names in local investment, but that is just the tip of the iceberg, so to speak.

How do we get below the water line? Additionally, there are way more companies needing capital than investors, and that breeds deal partiality.

What is some advice for people who want to start a company?

Seek out help. I have found that people are generally willing to have open discussions with you about a variety of business-related topics if you just ask nicely. The key in those situation is to not push product, but rather reach out for advice. Be dedicated and stay vigilant — there will be ups and downs. It is not all about the money. If you are not passionate about the business, don’t even think about starting it.

What’s the most interesting question a potential investor has ever asked you?

What is your plan? Not what is the business plan, but where do I see myself personally in 10 years. I think the key here was that the potential investor was interested in my personal goals because he knew that it would affect the business in the long run.

Share This Story, Choose Your Platform!





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Louisville Business First: 20 People to Know: Trey Riddle #harvard #business

#business first louisville

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Louisville Business First: 20 People to Know: Trey Riddle

Favorite way to spend time away from work:

Describe your company:

Sunstrand is a manufacturer and supplier of biomaterials for a variety of technical and industrial applications. Our focus markets are polymer composites, plastics and technical nonwovens. Basically, we take raw agricultural feedstocks (bamboo, kenaf, flax, hemp) and manufacture our products that take the form of fibers and fillers (particulates).

Our customers (upstream manufacturers) then incorporate these materials into their products. Ultimately, our materials will be used in a variety of applications, including consumer goods, automotive, building materials and sporting goods.

What is the biggest hurdle for entrepreneurs in the area?

Acquisition of capital is probably the No. 1 most challenging issue facing startups in the area. The community has done a really good job of highlighting some of the bigger names in local investment, but that is just the tip of the iceberg, so to speak.

How do we get below the water line? Additionally, there are way more companies needing capital than investors, and that breeds deal partiality.

What is some advice for people who want to start a company?

Seek out help. I have found that people are generally willing to have open discussions with you about a variety of business-related topics if you just ask nicely. The key in those situation is to not push product, but rather reach out for advice. Be dedicated and stay vigilant — there will be ups and downs. It is not all about the money. If you are not passionate about the business, don’t even think about starting it.

What’s the most interesting question a potential investor has ever asked you?

What is your plan? Not what is the business plan, but where do I see myself personally in 10 years. I think the key here was that the potential investor was interested in my personal goals because he knew that it would affect the business in the long run.

Share This Story, Choose Your Platform!





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