tag:blogger.com,1999:blog-4448856228530145202Sun, 08 Jun 2008 16:57:49 +0000http://stevesblogsbu.blogspot.com/noreply@blogger.com (Steve Schultz)Blogger27125Business/InvestingBusiness/Management & MarketingBusiness/Business Newsnoreply@blogger.comnoStudent Business Universe1824315http://www.feedburner.comtag:blogger.com,1999:blog-4448856228530145202.post-4690456462536408853Sun, 08 Jun 2008 16:51:00 +00002008-06-08T11:57:49.287-05:00I haven't really had the time to do much blogging thus far this summer. Unfortunately I hadn't posted an end of month stock picks post but for now I think we can all assume the worst. With oil prices going sky high and breaking records daily people are spending less money on investing and investors are losing confidence. My April picks though are still doing very well through the struggles of http://feeds.feedburner.com/~r/blogspot/sbu1/~3/307751843/long-3-weeks.htmlnoreply@blogger.com (Steve Schultz)<img src="http://feeds.feedburner.com/~r/blogspot/sbu1/~4/307751843" height="1" width="1"/>http://stevesblogsbu.blogspot.com/2008/06/long-3-weeks.htmltag:blogger.com,1999:blog-4448856228530145202.post-8478612880920548748Sun, 25 May 2008 00:49:00 +00002008-05-26T12:12:06.053-05:00This weekend was my brother's graduation from high school. Since it was a holiday weekend all my brothers, except one and my grandma and grandpa decided to come to town for the graduation party and Memorial Day celebration. They had planned on having the party outside our house in the backyard so my dad undertook a very large and tedious project of redoing everything in the backyard. All week http://feeds.feedburner.com/~r/blogspot/sbu1/~3/297550872/my-2cents-bitter-workers.htmlnoreply@blogger.com (Steve Schultz)<img src="http://feeds.feedburner.com/~r/blogspot/sbu1/~4/297550872" height="1" width="1"/>http://stevesblogsbu.blogspot.com/2008/05/my-2cents-bitter-workers.htmltag:blogger.com,1999:blog-4448856228530145202.post-4655909327013322276Sat, 17 May 2008 03:16:00 +00002008-05-16T22:35:05.051-05:00After plummuting prices last week my picks were able to climb from being down $15,000 to going up $4,000. While Virgin Mobile is still really struggling and am glad to see things are looking brighter. May Picks VM: Up from $3.16 to $3.43 VZ: Up from $37.91 to $38.77 MOT: Up from $9.76 to $10.07 CHL: Up from $83.52 to $86.23 PALM: Down from $5.82 to $5.80 S: Down from $9.38 to $9.17 April http://feeds.feedburner.com/~r/blogspot/sbu1/~3/292076389/stock-picks-update-512-516.htmlnoreply@blogger.com (Steve Schultz)<img src="http://feeds.feedburner.com/~r/blogspot/sbu1/~4/292076389" height="1" width="1"/>http://stevesblogsbu.blogspot.com/2008/05/stock-picks-update-512-516.htmltag:blogger.com,1999:blog-4448856228530145202.post-2916518884070157525Mon, 12 May 2008 03:27:00 +00002008-05-11T22:52:34.933-05:00Well, with oil prices sky rocketing to almost $126 per barrel nearly everyone saw a downturn from Wednesday on. The DOW, NASDAQ, and S&P are all down after some decent gains at the beginning of the week. Tuesday I had an overall increase of 2.45% in a mere 4 days with a value of $18,700 above the original value. Unfortunately oil prices and other externalities kept that jump from going any http://feeds.feedburner.com/~r/blogspot/sbu1/~3/288450696/may-picks-update-55-59.htmlnoreply@blogger.com (Steve Schultz)<img src="http://feeds.feedburner.com/~r/blogspot/sbu1/~4/288450696" height="1" width="1"/>http://stevesblogsbu.blogspot.com/2008/05/may-picks-update-55-59.htmltag:blogger.com,1999:blog-4448856228530145202.post-2991004499876286539Tue, 06 May 2008 19:20:00 +00002008-05-06T14:29:14.840-05:00Whoever doubted my Sprint pick read the link above, a story that first broke a few days ago. Three great things are happening with Sprint. First, they may be acquired by Germany's largest telecom provider who also happens to own T-Mobile USA Inc. Second, they will hopefully be getting rid of Nextel which has been haunting them since the day they made that $35 Billion deal. Third, as a result http://feeds.feedburner.com/~r/blogspot/sbu1/~3/285154856/sprint-update.htmlnoreply@blogger.com (Steve Schultz)<img src="http://feeds.feedburner.com/~r/blogspot/sbu1/~4/285154856" height="1" width="1"/>http://stevesblogsbu.blogspot.com/2008/05/sprint-update.htmltag:blogger.com,1999:blog-4448856228530145202.post-4056951342841685321Thu, 01 May 2008 19:53:00 +00002008-05-11T22:56:59.587-05:00I am excited for my May stock picks. I have been looking over industries trying to decide where to focus because last month I had only picked three and they were all very different companies. One industry that caught my eye was Telecoms. There has been a huge drop in many of these companies and many are just barely starting to recover. I had initially picked five companies last night so that http://feeds.feedburner.com/~r/blogspot/sbu1/~3/281945056/may-stock-picks.htmlnoreply@blogger.com (Steve Schultz)<img src="http://feeds.feedburner.com/~r/blogspot/sbu1/~4/281945056" height="1" width="1"/>http://stevesblogsbu.blogspot.com/2008/05/may-stock-picks.htmltag:blogger.com,1999:blog-4448856228530145202.post-2024946555158707773Wed, 30 Apr 2008 00:18:00 +00002008-04-29T19:48:06.482-05:00I am not here to teach people accounting and not just because I probably can't. My purpose here is to emphasize what things an entrepreneur would need to focus on when setting up their 3-yr forecast. While I am not teaching accounting it is still imperative to mention that when setting this up you always need to remember that Assets = Liabilities + Owners/Stockholders Equity. If you mess thishttp://feeds.feedburner.com/~r/blogspot/sbu1/~3/280648762/forecasting-part-3-balance-sheet.htmlnoreply@blogger.com (Steve Schultz)<img src="http://feeds.feedburner.com/~r/blogspot/sbu1/~4/280648762" height="1" width="1"/>http://stevesblogsbu.blogspot.com/2008/04/forecasting-part-3-balance-sheet.htmltag:blogger.com,1999:blog-4448856228530145202.post-5980052418144464141Sat, 26 Apr 2008 00:37:00 +00002008-04-25T23:19:14.963-05:00FEMSA (FMX): This week was actually seemingly rough, but with oil prices climbing so high it's actually kind of impressive. After taking multiple hits this week there is still opportunity found in this stock. After closing at $44.09 a week ago the week end value is at $43.95. Zale Corporation (ZLC): This week, again with the rise in oil prices, ZLC dropped below $20 but was still able to http://feeds.feedburner.com/~r/blogspot/sbu1/~3/278134566/end-of-week-stock-update-421-25.htmlnoreply@blogger.com (Steve Schultz)<img src="http://feeds.feedburner.com/~r/blogspot/sbu1/~4/278134566" height="1" width="1"/>http://stevesblogsbu.blogspot.com/2008/04/end-of-week-stock-update-421-25.htmltag:blogger.com,1999:blog-4448856228530145202.post-4874371515471175935Sat, 19 Apr 2008 04:15:00 +00002008-04-18T23:48:46.019-05:00FEMSA (FMX) - This stock had a slow week. Closing last week we had an increase to $44.39. This week the stock had some big ups but it also had some downs. Closing for this week was $44.09 which is rather unfortunate considering it opened today at $44.70. Next week will probably show slow growth but by months end we should see an increase. Don't shoot me if I'm wrong. I'm no expert and this http://feeds.feedburner.com/~r/blogspot/sbu1/~3/273397999/end-of-week-stock-update.htmlnoreply@blogger.com (Steve Schultz)<img src="http://feeds.feedburner.com/~r/blogspot/sbu1/~4/273397999" height="1" width="1"/>http://stevesblogsbu.blogspot.com/2008/04/end-of-week-stock-update.htmltag:blogger.com,1999:blog-4448856228530145202.post-2987184513600214665Fri, 18 Apr 2008 06:11:00 +00002008-04-18T11:12:59.206-05:00The second section that is very important to the development of the financial plan consists of all start-up expenses. I mentioned last time in the sample plan that I included the first three months of operations. I did that for two reasons. First, I knew I wasn't going to break down the first year into quarters, which I actually would recommend you do. Second, I knew for sure I would have http://feeds.feedburner.com/~r/blogspot/sbu1/~3/272768036/forecasting-part-2-start-up-expenses.htmlnoreply@blogger.com (Steve Schultz)<img src="http://feeds.feedburner.com/~r/blogspot/sbu1/~4/272768036" height="1" width="1"/>http://stevesblogsbu.blogspot.com/2008/04/forecasting-part-2-start-up-expenses.htmltag:blogger.com,1999:blog-4448856228530145202.post-610857778769033989Wed, 16 Apr 2008 20:19:00 +00002008-04-18T11:52:21.691-05:00It has been a long week and it's still only half way done. There was a question the other day about financial forecasting for a new business. Forecasting is such a difficult thing to do, especially when you don't have the right research or the right research isn't out there. There are numerous factors to include in a financial plan depending on how detailed you need to get. You can also checkhttp://feeds.feedburner.com/~r/blogspot/sbu1/~3/272017239/forecasting-for-start-up-business-key.htmlnoreply@blogger.com (Steve Schultz)<img src="http://feeds.feedburner.com/~r/blogspot/sbu1/~4/272017239" height="1" width="1"/>http://stevesblogsbu.blogspot.com/2008/04/forecasting-for-start-up-business-key.htmltag:blogger.com,1999:blog-4448856228530145202.post-5429797669140336601Fri, 11 Apr 2008 21:13:00 +00002008-04-11T16:39:38.291-05:00Well, after peaking at $44.92 today FEMSA closed at $44.39. Now its up $1.56 from the last update. So far this stock has shown quite a bit of potential in just the one week period I have been following it. Anyone that just read this and doesn't know what FEMSA is you can read about it in an earlier post from April 8th or just read the full article at: www.cnbc.com/id/23995656http://feeds.feedburner.com/~r/blogspot/sbu1/~3/268844556/fmx-end-of-week-update.htmlnoreply@blogger.com (Steve Schultz)<img src="http://feeds.feedburner.com/~r/blogspot/sbu1/~4/268844556" height="1" width="1"/>http://stevesblogsbu.blogspot.com/2008/04/fmx-end-of-week-update.htmltag:blogger.com,1999:blog-4448856228530145202.post-2576197536678241022Fri, 11 Apr 2008 17:06:00 +00002008-04-11T12:14:25.100-05:00There was one additional thing I wanted to post regarding to resume building. For those still in college it is essential that they build their resume to make it easier to justify your skills. I'll basically use myself as an example. My major is Entrepreneurial Management, it is very broad and no one really knows what my skills are just from knowing my major. So to build my resume, references,http://feeds.feedburner.com/~r/blogspot/sbu1/~3/268844557/resume-building.htmlnoreply@blogger.com (Steve Schultz)<img src="http://feeds.feedburner.com/~r/blogspot/sbu1/~4/268844557" height="1" width="1"/>http://stevesblogsbu.blogspot.com/2008/04/resume-building.htmltag:blogger.com,1999:blog-4448856228530145202.post-3435261392012766677Fri, 11 Apr 2008 16:30:00 +00002008-04-13T20:04:53.448-05:00I was answering questions at www.askmehelpdesk.com forum yesterday and someone had posted a question about resume writing. There are some great links out there with tons of information on how to write a resume. Of course how you write your resume depends on whether or not you are looking for your first job or you are changing your career. I added a hyper link to the title which will take you http://feeds.feedburner.com/~r/blogspot/sbu1/~3/268844558/resume-writing.htmlnoreply@blogger.com (Steve Schultz)<img src="http://feeds.feedburner.com/~r/blogspot/sbu1/~4/268844558" height="1" width="1"/>http://stevesblogsbu.blogspot.com/2008/04/resume-writing.htmltag:blogger.com,1999:blog-4448856228530145202.post-6573926495879779109Wed, 09 Apr 2008 22:21:00 +00002008-04-09T17:24:57.649-05:00After closing at $42.88 yesterday, there was a 5 cent drop today closing at $42.83. This is the last daily update I will do for FMX and I'll move to my weekly update for every Friday after closing. This stock consistently trades higher from 11 to noon and than has a slight decrease. I'll go ahead and see if we can't find anymore Mexico based companies that have been able to grow from the Marchhttp://feeds.feedburner.com/~r/blogspot/sbu1/~3/267902595/femsa-fmx-update-2.htmlnoreply@blogger.com (Steve Schultz)<img src="http://feeds.feedburner.com/~r/blogspot/sbu1/~4/267902595" height="1" width="1"/>http://stevesblogsbu.blogspot.com/2008/04/femsa-fmx-update-2.htmltag:blogger.com,1999:blog-4448856228530145202.post-7091528116202964224Wed, 09 Apr 2008 15:33:00 +00002008-04-09T10:42:54.142-05:00I added Google AdSense to my blog the other day because of the data they collect regarding the site. It allows me to see how many impressions there have been and how many clicks there have been. The reason I am interested in clicks is because they are actual viewers and are likely to view the entire blog to see the content. I know that typically when I see Google AdSense I get turned off fromhttp://feeds.feedburner.com/~r/blogspot/sbu1/~3/267902596/worthless-ads.htmlnoreply@blogger.com (Steve Schultz)<img src="http://feeds.feedburner.com/~r/blogspot/sbu1/~4/267902596" height="1" width="1"/>http://stevesblogsbu.blogspot.com/2008/04/worthless-ads.htmltag:blogger.com,1999:blog-4448856228530145202.post-2020242918102208792Tue, 08 Apr 2008 20:14:00 +00002008-04-08T22:15:59.704-05:00FEMSA (FMX) is sitting 27 cents up and showed a high at $43.33 earlier today. Lets just wait and see if Mexico really does have the answer to some doubts in the US economy and the wavering value of the US dollar.http://feeds.feedburner.com/~r/blogspot/sbu1/~3/267902597/femsa-update.htmlnoreply@blogger.com (Steve Schultz)<img src="http://feeds.feedburner.com/~r/blogspot/sbu1/~4/267902597" height="1" width="1"/>http://stevesblogsbu.blogspot.com/2008/04/femsa-update.htmltag:blogger.com,1999:blog-4448856228530145202.post-913738657277295387Tue, 08 Apr 2008 17:45:00 +00002008-04-08T12:54:27.808-05:00When I transferred to Drake University this semester there is an Intro to Psych class that is required for my program that I have to take. It is a freshmen level class where I have learned nothing applicable to entrepreneurship as we have only really studied the science of psychology (parts of the brain, how we see, etc.). One thing however was mentioned the other day in class that I was http://feeds.feedburner.com/~r/blogspot/sbu1/~3/267902598/potential.htmlnoreply@blogger.com (Steve Schultz)<img src="http://feeds.feedburner.com/~r/blogspot/sbu1/~4/267902598" height="1" width="1"/>http://stevesblogsbu.blogspot.com/2008/04/potential.htmltag:blogger.com,1999:blog-4448856228530145202.post-8130247196605784288Tue, 08 Apr 2008 06:58:00 +00002008-04-09T13:13:17.936-05:00I was reading at CNBC's spot for Jim Cramer's Mad Money today. I actually never would have thought about looking over the border for some decent short term (or even long term) returns during the US recession. Mexico's President Felipe Calderon said, “Our banking and financial system is enormously solid" (CNBC's Tom Brennan reporting). Last month Calderon gave a stimulus package that may actually http://feeds.feedburner.com/~r/blogspot/sbu1/~3/267902602/mexico-has-answer.htmlnoreply@blogger.com (Steve Schultz)<img src="http://feeds.feedburner.com/~r/blogspot/sbu1/~4/267902602" height="1" width="1"/>http://stevesblogsbu.blogspot.com/2008/04/mexico-has-answer.htmltag:blogger.com,1999:blog-4448856228530145202.post-5485396514474273355Sat, 05 Apr 2008 23:17:00 +00002008-04-06T02:08:58.617-05:00As you can tell I just got off work and am kind of on a rant right now. I am sure there are some CCCS companies out there that are ethical and worth doing business with, but why for a second would you think your creditors wouldn't match or one up any deal a third party could offer you. It is such a waste of money. Here is a link from a source more reputable than I that can explain more why http://feeds.feedburner.com/~r/blogspot/sbu1/~3/267902603/consumer-credit-counseling-services.htmlnoreply@blogger.com (Steve Schultz)<img src="http://feeds.feedburner.com/~r/blogspot/sbu1/~4/267902603" height="1" width="1"/>http://stevesblogsbu.blogspot.com/2008/04/consumer-credit-counseling-services.htmltag:blogger.com,1999:blog-4448856228530145202.post-3385055144932359572Sat, 05 Apr 2008 23:03:00 +00002008-04-06T15:00:44.167-05:00I've been working at Wells Fargo Financial for about two months now doing bank card collections. There are some great skills to be learned convincing debtors to pay you their money (don't worry I'm not one of those rude freaks). I am shocked though at how uncommon common sense really is. I am in no way implying that this applies to everyone that goes past due on a bill. Its happened to all ofhttp://feeds.feedburner.com/~r/blogspot/sbu1/~3/267902604/common-sense.htmlnoreply@blogger.com (Steve Schultz)<img src="http://feeds.feedburner.com/~r/blogspot/sbu1/~4/267902604" height="1" width="1"/>http://stevesblogsbu.blogspot.com/2008/04/common-sense.htmltag:blogger.com,1999:blog-4448856228530145202.post-8852748357707174022Fri, 04 Apr 2008 21:48:00 +00002008-04-05T18:02:45.522-05:00Lately I have been trying to find some more good stuff on real estate investments. You can read any book in the world on the subject of tax liens, foreclosures, short sales, etc, but most of them don't have any take home. After I found the previously mentioned Real Estate Guys Radio podcast I decided to search under real estate on my itunes store. There are tons of awesome podcasts you can http://feeds.feedburner.com/~r/blogspot/sbu1/~3/267902605/real-estate.htmlnoreply@blogger.com (Steve Schultz)<img src="http://feeds.feedburner.com/~r/blogspot/sbu1/~4/267902605" height="1" width="1"/>http://stevesblogsbu.blogspot.com/2008/04/real-estate.htmltag:blogger.com,1999:blog-4448856228530145202.post-5723140760821587504Fri, 04 Apr 2008 20:51:00 +00002008-04-06T01:29:53.102-05:00I was reading articles at Entrepreneur.com today and saw this article about a company called ParkWhiz.com. Long story short, because parking lots at many attractions like baseball stadiums (especially the old ones) are lacking; this website allows commercial and privately owned parking lots to be rented online. ParkWhiz.com takes a 15% cut while the owner gets the rest. Sounds great, right? Ihttp://feeds.feedburner.com/~r/blogspot/sbu1/~3/267902606/innovative.htmlnoreply@blogger.com (Steve Schultz)<img src="http://feeds.feedburner.com/~r/blogspot/sbu1/~4/267902606" height="1" width="1"/>http://stevesblogsbu.blogspot.com/2008/04/innovative.htmltag:blogger.com,1999:blog-4448856228530145202.post-6359823191226265334Wed, 02 Apr 2008 05:12:00 +00002008-04-06T01:32:03.676-05:00I was at work a few days ago and was talking with one of my associates. He had mentioned how his girlfriend was going to buy a house but is waiting for the market to turn around. No offense to him, but where has our common sense gone? Why purchase a home when prices are down, people are desperate to sell, and homes are being sold on back taxes and foreclosures? There are a million reasons whyhttp://feeds.feedburner.com/~r/blogspot/sbu1/~3/267902607/commen-sense.htmlnoreply@blogger.com (Steve Schultz)<img src="http://feeds.feedburner.com/~r/blogspot/sbu1/~4/267902607" height="1" width="1"/>http://stevesblogsbu.blogspot.com/2008/04/commen-sense.htmltag:blogger.com,1999:blog-4448856228530145202.post-1714199343338203018Wed, 26 Mar 2008 17:57:00 +00002008-03-27T11:36:48.772-05:00My purpose in starting this blog is to help other college students also see entrepreneurial ideas in everyday life. Nothing is more exciting to me than to read and hear about student businesses that are unique, innovative, and successful. Universities have been the breeding ground of the development of theories, ideas, and innovation for decades. I feel it my duty and the duty of every other http://feeds.feedburner.com/~r/blogspot/sbu1/~3/267902608/my-purpose.htmlnoreply@blogger.com (Steve Schultz)<img src="http://feeds.feedburner.com/~r/blogspot/sbu1/~4/267902608" height="1" width="1"/>http://stevesblogsbu.blogspot.com/2008/03/my-purpose.htmlen-usnonadultStudent Business Universe