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This is a short description of the success of the company, which has more broadly explored the needs of the legal services market. The company was created as a small joint-stock company, then its shares began to be quoted on the NYSE, and last year it was bought back by a private joint-stock company for $ 650 million. A real success story.
What became the basis of such success?
The basis for success was a non-standard form of providing legal services to its subscribers. There is some unusual pattern on the market: in countries where legal services are widely represented and legal support is provided at a good level, their cost is quite high. Therefore, ordinary citizens try to solve many issues requiring legal support on their own, and only in particularly difficult situations they resort to the help of a lawyer or lawyer.
This company began to offer legal assistance plans to anyone who wants to draw up a contract. It can be an individual or a business owner. Continue reading
“Buy and Hold” is not a clear name for a brilliant investment strategy, especially when you are concerned about the safety of your money. However, historical data suggest that the strategy of buying and maintaining shares has established itself as quite successful. Long-term investment strategies are usually designed for decades, and this strategy is based on what you have in stock for quite some time. It often happens that market fluctuations, a bearish trend, inflation and a general economic downturn lead to a sharp decrease in the value of the portfolio during the first 2-5 years.
When you use this strategy, you should consider that there will be, and even should be, periods when you lose your money. And yet, in the long run, this is the way when you can receive an average of about 10% of the initial investment per year with minimal, or acceptable, risks. Of course, this percentage applies to standard portfolios, such as those offered by pension funds or insurance companies. Continue reading
One of the most common questions of current start-up entrepreneurs. The answer is simple. But in order to come to him for a start you need to discuss the input of this issue.
Firstly, who has this question right now? Take a look around and find the common features of these people. Where were they before for the appearance of this question, who and what they listened to and watched.
Secondly, from whom and which exactly they received it and receive it, this motivation.
Thirdly, do their strangers shove their dreams into their heads?
Fourth, what are these serious hobbies, hobbies and goals in life for these people.
Fifth, what is motivation and very strange, but why didn’t people have such questions 10 years ago? Continue reading