Business Joke

I asked a guy, "How many people work at you guys company"

He replied: "About half of them"   hahahahahahahaha

Now that was a classic line if i ever heard one.

Trump's sanctions on Iran could push oil prices above $100 per barrel

U.S. sanctions on Iran's energy industry, when they come into effect in November, could potentially drive oil prices above $100 per barrel, according to an industry expert.

U.S. West Texas Intermediate crude oil futures traded at about $68 per barrel on Tuesday, while Brent crude futures sat at nearly $78.

"If there was not that set of sanctions, I think prices would go to $70 or even a little bit lower. But now the sanctions threat is real and less than two months in front of us, that will transform the market into much higher prices," Fereidun Fesharaki, founder and chairman of consultancy FACTS Global Energy, told CNBC's Akiko Fujita at the CLSA Investors' Forum in Hong Kong.

"The higher price will only be blamed on the Trump administration. There's not much anybody can do if the sanctions come in and are enforced properly," he said on Tuesday.

U.S. President Donald Trump's decision to withdraw from an international agreement to curb Iran's nuclear program has resulted in a round of sanctions being re-imposed on the country's financial, automotive, aviation and metals sectors. The U.S. State Departmenthas set Nov. 4 as a deadline for Iranian oil buyers to completely cut their purchases to avoid American sanctions.

Iran is currently one of the largest oil exporters in the world. Cutting off Iranian supplies entirely would push oil prices above $100 per barrel because other major producers could not easily fill the void, said Fesharaki.

Goldman admits it was wrong on Apple, boosts stock outlook by 20 percent

Goldman Sachs raised its price target on Apple stock all the way to $240 per share from $200 per share on Thursday, admitting they got the stock completely wrong this summer as it rallied to a $1 trillion valuation.

Goldman laid out its expectations for the next generation of iPhones and reversed its previous bearish position on the technology giant.

"We also take this opportunity to eat our hat somewhat on our cautious stance this Summer," Goldman analyst Rod Hall said in a note. "We had expected worse iPhone X demand and some pullback in the stock — clearly neither of these two things happened."

Building a business, things to keep track of

When trying to gauge your progress it can be useful to measure progress in three month and two year blocks.

You should be able to see how you will add value and grow your business over the next three months. When you look back you can measure how this played out.

Noticeable progress in terms of AUM and revenue growth should be measured over a two year period. This is where you should see significant improvement.

It is important to have realistic expectations in terms of how long it will take to build a sustainable business.

It is also important to know when things are not progressing. This could be a sign that you need to adjust your strategy.

If you look back over the last two years and nothing has improved this is a bad sign and requires action.

If you run out of ideas for growing your business over the next three months then this also calls for a re-think.

The early stages of your business are the most vulnerable and creating a robust business model from the start will insulate you.

This means generating as many different income streams as possible and having a strategy to cover all of your costs.

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Amazon news

Amazon.com Inc (AMZN.O) on Tuesday became the second U.S. company to reach $1 trillion in stock market value, just weeks after Apple Inc (AAPL.O) hit the same milestone on Aug. 2.

Bitcoin poised for $10K

August was a thrilling month for all crypto investors. Bitcoin, the world’s largest cryptocurrency in terms of market value, plunged by more than $1,400 in less than 10 days, which is a steep drop by any standard that it caused many traders to fear that it might breach the $6,000 mark. Thankfully, those fears never materialized, and the token was able to recover quickly. But that’s not all, some experts believe that Bitcoin will continue its rally until it eventually reaches $10,000.