INSTANT MBA: 'Quit Being Such A Baby' And Waiting For The 'Perfect' Opportunity

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		Tech Science Entertainment Wall Street Markets Strategy Sports Lifestyle Politics Law International Video Latest Monday, August 27, 2012 Advertisement Today's advice comes from Tim Sykes, founder and CEO of Investimonials and Profit.ly, via his interview with Young Entrepreneur: "Quit being such babies. If you always wait for perfect opportunities, you'll waste precious time that could be used to learn and gain experience during the tough times." While attending Tulane University, Sykes started his entrepreneur career by regularly trading penny stocks and turning the $12,415 he received in his Bar Mitzvah into $2 million. He ended up starting a hedge fund during his senior year.  Sykes says that if entrepreneurs are able to succeed in tough economic times, they'll be even more successful when the market "bubbles."   His idea is that when there's not a lot to lose, you've got nothing to lose, so why not go for it? "Long story short, it's great to get into an industry when it's depressed and then sell out when there's too much hype and morons are willing to pay excessive premiums for something you know goes in cycles." Want your business advice featured in Instant MBA? Submit your tips to tipoftheday@businessinsider.com. Be sure to include your name, your job title, and a photo of yourself in your email. Please follow Careers on Twitter and Facebook. Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: dwyld.kwu.jobhuntportal11@blogger.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the Careers RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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STOCKS GO NOWHERE ON THE EMPTIEST DAY OF THE YEAR: Here's What You Need To Know, August 27, 2012

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		Tech Science Entertainment Wall Street Markets Strategy Sports Lifestyle Politics Law International Video Latest Monday, August 27, 2012 Advertisement It was another low volatility day in the markets. First the scoreboard: Dow: 13,124, -33.3, -0.2% S&P 500: 1,410, -0.6, -0.0% NASDAQ: 3,073, +3.4, +0.1% And now the top stories: Everyone's talking about Ben Bernanke's big speech coming up at Friday's Kansas City Fed event in Jackson Hole, Wyoming.  If it isn't the most hyped event of the year, it certainly is the most overhyped event of the week.  Here Are The 10 Worst Central Bankers In The World > Fed watchers will be listening for any clues that the Federal Reserve might soon unveil more easy monetary policy.  However, economist David Rosenberg believes that anyone hoping for dovish signs will be disappointed. "While he did use the Jackson Hole event as a venue to verbally hint at QE2 back in 2010, such was not priced in as QE3 seems to be today," he wrote.  "It was a surprise." 35 Years Of The Jackson Hole Economic Conferences Teaches Us One Reassuring Thing About The Global Economy >  With U.S. economic data improving the odds of more easing from the Fed seem to be getting smaller and smaller.  Earlier today, the Dallas Fed business activity index improved to -1.6, up from -13.2 last month.  Economists were looking for a reading -6.5. "Employment growth picked up in August, with the index rising to 14.2, its highest reading in five months," the Federal Reserve said in a statement.  Here's BlackRock's Guide To The Most Overrated And Underrated US Economic Indicators > In less favorable news, China's Shanghai Composite index fell to a new post-crisis low after the National Bureau of Statistics reported a 5.4 percent drop in industrial company earnings.  This only fueled fears that China's economy was heading for a hard economic landing. Don't Miss: 12 Cities Where Homeowners Are Deep Underwater > Please follow Money Game on Twitter and Facebook. Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: dwyld.kwu.jobhuntportal11@blogger.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the Money Game RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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