Watch the Complete Interview on www.BeEfficient.Tv

Ravi Bhusari is the Co-Founder of Playpass and Managing Director & Co-Founder of DUPLAYS

Full Interview Questions / Find the complete interview on www.BeEfficient.Tv

Why mechanical engineering then MBA?
How did you move to Dubai and where did you live before it?
How the idea of Duplays started?
What are the types of services that you provide in Duplays?
Is it seasonal leagues or how it works?
Do you rent the facilities or it’s your own?
Do you help people rent sports facilities for their events or you don’t get involved in that?
What are the major challenges that you faced while implementing the idea?
Which channels do you use to market for your sport services?
Online or offline works better?
Which social media platform works best in terms of marketing with sport people?
How do you market for corporate and pitch them for your services?
How you monetize your business model?
What’s the model that you use to expand your company? Franchise, partnership or your own team runs the show for all the cities?
What are the major differences of the sport industry and people engagements across the cities that you are operating in?
With how many employees you started the company and how many you have now?
What are the most successful 5 sports?
What are the demographics of your subscribers?
Why you didn’t take Squash to the next level?
How did you raise capital for the company? How many rounds?
How much capital you rose so far and are looking to raise more capital?
If a company wants to organize a tournament or specific event how you can help, do you have special packages or its tailor made based on the event?
What’s the Playpass service? How it works and how much it costs?
Is the monetizing model by taking share of the paid events?
To which markets you are expanding and why?
What do you advice the new entrepreneurs who wants to start their own sports events company?
Tell us more about your other projects that you are currently working on or planning for the future?
When you make money in what you like to invest? Do you think capital gain or cash flow?
Take us through your typical working day?
What are your other hobbies?
If you are just starting today in your field, from where you will start and what are you going to focus on to be more successful?
3 things that you believe are the most important factors for any success?
What are the Top 3 apps that you use on your smart phone?
What are the habits that you are trying to develop to stay efficient?
What are the top 3 people that you are inspired by?
What are the things that make you happy?
How people can contact you?

Websites & Social Media Links
http://duplays.com/
https://www.facebook.com/DuplaysDubai
http://playpass.com/
https://www.facebook.com/PlaypassGo

BIO
DUPLAYS connects you to others who share your passion for sport and to great sport activities where you live, from leagues to tournaments, events and classes. Our goal is to make communities healthier, more social and more connected through sport. Founded in 2007 by expats looking to play recreational sports in Dubai, DUPLAYS grew from 20 friends playing ultimate frisbee to over 40,000 members playing 20+ sports. We’re proud to help people of all backgrounds and job titles come together every day through the camaraderie of sport. – See more at: http://startupgrind.com/event/startup-grind-dubai-hosted-ravi-bhusari-duplays-com/#sthash.H5zHf7Kb.dpufDUPLAYS connects you to others who share your passion for sport and to great sport activities where you live, from leagues to tournaments, events and classes. Our goal is to make communities healthier, more social and more connected through sport. Founded in 2007 by expats looking to play recreational sports in Dubai, DUPLAYS grew from 20 friends playing ultimate frisbee to over 40,000 members playing 20+ sports. We’re proud to help people of all backgrounds and job titles come together every day through the camaraderie of sport. – See more at: http://startupgrind.com/event/startup-grind-dubai-hosted-ravi-bhusari-duplays-com/#sthash.H5zHf7Kb.dpufDUPLAYS connects you to others who share your passion for sport and to great sport activities where you live, from leagues to tournaments, events and classes. Our goal is to make communities healthier, more social and more connected through sport. Founded in 2007 by expats looking to play recreational sports in Dubai, DUPLAYS grew from 20 friends playing ultimate frisbee to over 40,000 members playing 20+ sports. We’re proud to help people of all backgrounds and job titles come together every day through the camaraderie of sport. – See more at: http://startupgrind.com/event/startup-grind-dubai-hosted-ravi-bhusari-duplays-com/#sthash.H5zHf7Kb.dpuf

The post Is Ravi Bhusari the Co-Founder of DUPLAYS is A Cashflow or Capital Gain Investor appeared first on 1on1 Business & Marketing Mentoring.

Watch the Complete Interview on www.BeEfficient.Tv

Carol Roth is a Business Strategist, Media Contributor, and Expert in Raising Capital, Mergers & Acquisitions, and the New York Times Best Selling Author of The Entrepreneur Equation Book.

Interview Questions / Find the complete interview on www.BeEfficient.Tv

– Why from investment banking to hosting a radio show to business consulting then Authoring, what’s planned and not planned in this journey?
– What’s The Entrepreneur Equation?
-What’s the difference between a jobbie, a job and a business?
-What is FIRED-UP?
-How to put the right valuation for a company sold 0 and its in the idea phase but has a unique idea and another company sold $100000 during its first year but its idea is not so unique but it can be leveraged?
-How do you help your clients raise capital, do you have access to some Angles or VCs or you teach them the strategy to how get into a VC or Angel Investors?
-How much % of growth per year in terms of money a company should make to be able to get into the IPO level?
-Who’s the major partners or team members or services that you work with to help company get acquired by another big company?
-What’s the M&A process?
-What are the types of business licensing deals and what are you specialized at in this area?
-What kinds of businesses are sellable and how to make good decisions today to ensure that we can sell our business?
-The difference between financial and strategic buyers, and how the sale process differs in relation to each group?
-What we need to do today to prepare to get the maximum value in an exit
-How to Boost Marketing and Sales of a Book?
-Main strategies that helped in getting your book into the New York Times Best Selling List?
-What are the added benefits of The Entrepreneur Equation Fashion Doll in terms of marketing for your book or personal brand?
-You also involved in fashion, are you a designer, investor or business partner in fashion?
-You’ve been the host of The Noon Show, what did you learn from that experience and why you quit the show?
-How to get featured in Wikipedia?
-What’s the PR strategy that you use to get into the major TV channels? What’s your team exactly do to achieve than on regular basis?
-What are the marketing or publicity channels that you use to help your clients to reach a broader audience?
-What’s the routine that you use to write constantly and efficiently?
-How often you blog, the people who posted some blog posts on your blog are they from your team or they are other guest bloggers?
-Why you don’t put a date on your blog posts?
-How do you help your clients in terms of Content Creation/Syndication
-How to get a Paid Speaking Gigs?
-How much do you charge for an hourly sessions or a full day session with you?
-How many team members are working with you and how you structure them?
-When you make money in what you like to invest? Do you think capital gain or cash flow?
-What are your most important working tools?
-What’s your daily life and work routine looks like?
-What are your other hobbies?
-Who’s your no.1 mentor?
-The most important factors for success in 3 words?
-What are the habits that you are trying to develop to stay efficient?
-What are your top 3 favorite books?
-What are the top 3 people that you are inspired by?
-Do you listen to any music when you work?
-Do you follow any routine to sleep?
-What makes you really happy?
-How people can contact you?

Websites & Social Media Links

http //www.carolroth.com/

https://twitter.com/caroljsroth

https://www.linkedin.com/pub/carol-roth/b/376/653

https://www.facebook.com/pages/Carol-Roth-The-Entrepreneur-Equation/133522800041844

Bio

Carol Roth is a national media personality, ‘recovering’ investment banker , investor, speaker and author of the New York Times bestselling book, The Entrepreneur Equation. She is currently an on-air contributor for the national cable television station CNBC, the preeminent name in business news. Carol’s multimedia commentary covers business and the economy, current events, politics and pop culture topics.

The post What’s Mergers and Acquisitions or M&A? – Carol Roth – Be Efficient Tv appeared first on 1on1 Business & Marketing Mentoring.

When some people buy a car or a house, they think this thing is an asset. However, it’s usually a liability. If you buy a car and the car has a certain value, the value will go down the day you take it out from the dealership. There also are expenses related to the car that you are going to pay for over time, such as service, going through the car wash, insurance, and parking fees. A car basically is a liability because it’s taking money from your pocket.

The same thing with a house. So many people think when they buy a house that they’re going to make money or at least the house will keep its value, but the reality is that you are paying a mortgage, interest on the mortgage, maintenance for the house, insurance, and taxes in some countries. Sometimes the house’s value will decline because of the economy. A house is liability, unless you know what are doing as an investor. If you wish to invest in a house, you need to work out a formula to see if it will make money for you in order to consider it as an asset. Otherwise, if the money is negative, it’s a liability.
But if the money is in a positive trend, then yes, it is an asset. An asset always puts money in your pocket, such as when your income as rent from the house is higher than the expenses that you pay for the house. Then your cash flow is positive, and the house is an asset. Another example is in terms of capital gain: If you bought the house at a low rate and sold it later at a higher rate, you made money, so the house is an asset. So in the case of buying a house, it is essential that you study the capital gain and cash flow aspects. My advice is to focus more on the cash flow gain, because it’s continuous and instantaneous.
The same thing applies for your business. When you rent an office or building for your company, it always goes under the liability column, not the asset column, mainly because you are paying money for it, so it’s considered as an expense. However, if your company owns the building or office, then it’s an asset. Some companies put a property in both the asset and liability columns. In this case, they own the office building, so they consider it an asset. They also charge themselves rent to see how much they would be spending in the case that they didn’t own the office. They still add the charge of the rent as income, which helps them calculate their total operations cost.

So to differentiate between an asset and liability, consider whether your pocket or bank account cash is positive or negative.

We all have liabilities, but the point is we need to keep our assets or income rate higher than our liability and expenses. This allows us to use the extra cash to invest in more assets that will generate more income for us. A successful life as investor starts when you’re investing maybe 1–10 percent of your income and use the rest as expenses. Let’s assume that your income is small at the start: $1,000 per month. So you’re investing $100 and spending $900, but with time if you are doing well in your investments and your income jumps to $10,000, then you should not spend $9,000 and invest $1,000. Let’s say that obviously your lifestyle has become better and that costs more money. So at the point of $10,000, if you’re spending $3,000 and investing $7,000, then you’re spending 30 percent of your income and investing 70 percent. Then when you get to the point of $100,000, you should spend $10,000, which is 10 percent of the income, and invest $90,000 (90 percent).

I guess you got the point now; it’s simple, but for most people it’s not easy to implement. The name of the game is investing, but do you have the right skills to win more than you lose? The numbers will give you the answer to that, so make the numbers your friend.

What are the assets that you are currently trying to build, do you have any new ideas about assets development, Please share your thoughts below?

The post Asset vs. Liability appeared first on 1on1 Business & Marketing Mentoring.