Personal Enhancement Mission

Everyday, every minute, every second, I will use and learn more effective, and enjoyable ways of communication, negotiation, marketing, and sales. I will dedicate my life to becoming a leadership master, I will dedicate hours of every day to cultivate a vast network of leaders & people who shares and adds to my vision, and self development of positive attributes, generous principles, and consistent characteristics that will bring out in me an inspirational business, spiritual, and educational leader.
On a daily basis I will focus positive energy to becoming this person, and focus positive energy on eliminating the characteristics I don’t want. To ask myself is the way I’m doing it the best way, and how can I do it better.

Business Mission

To be an innovative world class business that creates an enjoyable environment, and always challenges employees, business partners and myself to uncompromisingly improve upon current systems and procedures, and create new and innovative systems and procedures, to provide easy convenient access, and prompt delivery of high quality customized products to more and more people every day. Always testing, measuring, and ensuring 100% customer satisfaction, 100% of the time. To create an environment that deems it enjoyable to improve upon the quality of our services, relationships, and communication on a daily bases.

Tithing Mission

To give back a percentage of annual income, and our business building skills to form world class charities, and to put our heart and passion to just making a difference in the lives that need it. To be accountable to the towns and counties in which our businesses are located

Leadership Mission

Taking daily steps, persevering to be an innovative, Flexible, and empathetic world class leader. Building businesses that will satisfy the needs and wants of many, many people, and that will diligently withstand the test of time. Cultivating many world class leaders that will share and add to my leadership views and mission, who in turn will cultivate leaders who will share and add to their views and mission.

Example – You invest 100,000 today in a new machine that is expected to earn 10,000 a year for the next 10 years. (Its earnings may be simply the result of producing more parts per year than the present equipment.) The PV of the investment made today is 100,000. Over 10 yrs, it will earn 100,000, so you might be tempted to say that’s an equal return of your investment. WRONG.

Why? The 10,000 earned 1 year from today is not worth 10,000 today. Rather, its PV depends on the cost of money today. Assume you borrowed the 100,000 at 6%. That’s your cost of money, and you must also “discount” future cash flows at 6%, in order to make a fair comparison. The PV of 10,000 received in one year, discounted at 6%, is only 9,434. In other words, if you invest 9,434 today at 6%, it will earn 566 in one year, and be worth 10,000 in one year.

The PV of 10,000 received 10 years from today, at 6%, is only 5,584. The large difference is due to compounding the 6% annual interest earned every year for 10 yrs.

In your problem, you need to know the discount rate before you can calculate NPV.

PV is basically the amount, if invested at a certain rate, that would give you a specified amount sometime in the future, or FV

To calculate it, you DO need an interest rate to base the calculations on, tho

FV = PV x (1+i^n), where i is the interest rate per period and n is the number of periods

So, PV is FV / (1+i^n)

It includes such topics as averages, deviations, co-relation, regression, association of attributes, index numbers, methods of collection of statistics, etc.

These tools are to be applied to the given data. In pure statistics one learns about as to how the formulae are derived. In business statistics, these formulae are applied to given data.

You have to study the subject to understand the meaning and uses.

In India, there is a good book on the subject by Dr. D N Elhance. Of course, there are many books on the subject. Please get one and you will understand.

What you studied in High School is not enough.

Good Luck!!!

caroliselva@yahoo.com