PlanWare - Home: business, plan, software, free, financial, model, budget, forecast, plan, planner, planning, projection, template, statement, analysis, business plan, business plan software, business planning, business planner, financial projections, financial planning, cash flow, cashflow, strategy, strategic
Software & free templates for business plans, financial projections, cashflow forecasting plus free business plan tools, models, samples, guides & planning papers
Financial
Projection
Software
Cashflow
Forecasting
Software
Business
Plan
Software
Marketing
Plan
Software
Strategic
Planning
Software
Business
Plan
Guide
Business
Planning
Freeware
Online
Planning
Tools
Business
Planning
Papers
Other
Items

PlanWare's Blog

Blog Home  Bookmark and Share

Recently in Miscellaneous Category

Here are some quotations to motivate and inspire the planning and development of your business:

    • Rise early, work hard, strike oil. (J Paul Getty)
    • The person who doesn't scatter the morning dew will not comb grey hairs (Irish proverb)
    • A chicken doesn't stop scratching just because worms are scarce (Grandma's Axiom)
    • A wise man turns chance into good fortune. (Thomas Fuller. Gnomologia, 1732)
    • A great fortune depends on luck, a small one on diligence. (Chinese proverb)
    • Luck is a dividend of sweat. The more you sweat, the luckier you get (Ray Kroc)
    • I'm a great believer in luck and I find the harder I work, the more I have of it. (Stephen Leacock)
    • Success is more attitude than aptitude. (Anonymous)
    • If, at first, you don't succeed, try again. (Proverb)
    • If, at first, you do succeed, try to hide your astonishment.(Los Angeles Times Syndicate)
    • There is nothing more difficult...than to take the lead in the introduction of a new order of things. (Niccolo Machiavelli)
    • If you want truly to understand something, try to change it. (Kurt Lewin)
    • Do not follow where the path may lead. Go instead where there is no path and leave a trail. (Ralph Waldo Emerson)
    • You cannot travel on the path until you become the path itself. (Gantana Bouddha)
    • There is no top. There are always further heights to reach. (Jascha Heifetz)
    • For the wise man looks into space and he knows there is no limited dimensions. (Lao-tse)
    • It is not best that we should all think alike; it is a difference of opinion that makes horse races. (Mark Twain)
    • It's not because things are difficult that we dare not venture. It's because we dare not venture that they are difficult. (Seneca)
    • It is a myth, not a mandate, a fable not a logic, and symbol rather than a reason by which men are moved. (Irwin Edman)
    • Great spirits have always encountered violent opposition from mediocre minds. (Albert Einstein)
    • Every wall is a door. (Ralph Waldo Emerson)

For more quotations see this list and look here for lots of bad advice and decisons !  

It is unusual for business and personal interests to coincide as has happened in recent weeks as a result of the publication by the Irish Government of a business plan for the National Asset Management Agency (Nama).

Nama is being set up to effectively manage the world's largest property portfolio valued at about €77 billion (US$ 115 billion). Its purpose is to rescue the Irish banking sector from insolvency and to restart normal lending in the Irish economy.

The need for Nama has arisen from an unrestrained property binge over the past decade led by ineffectual financial regulation, foolish bankers, greedy developers and an incompetent government. Excuse the intemperate language but there is no other way to describe their roles in pushing Ireland into the worst recession experienced by any developed nation since the Great Depression. This resulted in a huge oversupply of over-priced commercial property and hundreds of thousands of house owners facing into negative equity. More on the Irish property boom. Several books have been published recently about the role of politicans, bankers, regulators and developers in stoking the boom - see our bookshelf to browse or buy the best sellers.

Nama aims to address the bubble in commercial property by purchasing all the property-related loans of five Irish-owned banks for €54 billion with a view to securing capital and interest payments of these loans from developers over the next decade. While the Government accepts that it is overpaying for these loans, it expects (hopes?) to make a profit of over €5 billion overall based on its business plan.

Critics of Nama argue that Irish taxpayers could lose up to €10-15 billion according as many developers default on their loans. Brian Flanagan, founder of the PlanWare site has been deeply critical of Nama. Read his assessment of Nama's business plan here.

Welcome

| No Comments | No TrackBacks

PlanWare's Blog focuses on business planning matters and offers advice to entrepreneurs, managers and users of our software. Feel free to add comments. Bookmark and revisit or, better still, subscribe to this feed http://planware.org/blog/atom.xml


About this Archive

This page is an archive of recent entries in the Miscellaneous category.

Market Planning is the previous category.

Raising Finance is the next category.

Find recent content on the main index or look in the archives to find all content.

Top of Page

Financial
Projection
Software
Cashflow
Forecasting
Software
Business
Plan
Software
Marketing
Plan
Software
Strategic
Planning
Software
Business
Plan
Guide
Business
Planning
Freeware
Online
Planning
Tools
Business
Planning
Papers
Other
Items