Delick Lim

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When economists talk about 'financial conditions' they are talking about these 4 things

1. The US Dollar<br>2. Corporate bond spreads<br>3. Equity market levels<br>4. The level of interest rates at different maturities<p>Changes in each of these components in isolation influence the economy in different ways. In general, a stronger dollar acts to restrain growth via reduced demand for exports. …

15 ways to stay focused all day, according to scientists

We've all had days where we can't seem to focus, asking that question too many times to count. For some of us, those days are more common than we'd like.<p>Whether it's fatigue, distractions, lack of motivation, or something else entirely, our inability to focus digs a hole in our productivity and, …

Productivity

The global economy is nearing a 'structural recession'

To the never-ending astonishment of our economists, global growth has been much weaker since the Financial Crisis than before it, despite enormous global stimulus from years of extreme central-bank monetary policies and record amounts of government deficit spending.<p>This should not have happened, …

Economics

How Do I Build a Business Plan? (Infographic)

You have a powerful idea for the next big thing, but before you sell it to anyone, you have to get it all down on paper. It’s time to make a business plan.<p>How do you know if you’re headed in the right direction? Washington State University created an infographic that provides 10 guidelines to help …

Small Business

How to Give Proper Credit to Your Employees

Recognizing employees for a job well done is important, but it's not always easy to discern which ones are the most deserving.<p>As a leader, you need to make sure you're crediting the right employees for their hard work. It may sound like an obvious, easy task, but it's not one you should discount. …

Soft Skills Are Hard to Assess. And Even Harder to Succeed Without.

People don't underperform because they lack technical skills. People underperform because they lack soft skills.<p>A few years ago, a senior engineering executive at a high-tech Silicon Valley company asked me to teach a two-hour course on assessing "soft skills". His company had mastered the art of …

How to Name a Business

<i>The following excerpt is from the staff of Entrepreneur Media's book</i> Start Your Own Business<i>. Buy it now from</i> Amazon | Barnes & Noble | iTunes<p>What's in a name? A lot, when it comes to small-business success. The right name can make your company the talk of the town. The wrong one can doom it to …

Small Business

5 Smart Money Moves to Make Before You Hit 30

When it comes to creating financial stability for later in life, the earlier you start the better off you should be. There are numerous money saving …

Why the hell are we still waiting all day for the delivery man?

As I write this, I’m sitting at my home waiting for a package. It’s 9:30am and I have things to do that require me to, you know, go out into the …

3 Ways to Start Every Day Better

Great athletes put the odds in their favor by having a routine that helps them start each day right. Why don't you? Here are three tips to do just that.<p>Most top athletes go through a preparation routine before every game which starts long before they get on the field. The best ones usually start …

Tiger Woods

Putting Business Before Friendship

In last week’s partnership profile, Uplift co-founder Leanne Shear explained that in her partnership, business comes first and friendship comes second.<p>It’s not as easy as it sounds.<p>Entrepreneurs are tempted to go into business with friends because there is already a foundation of trust, …

What Wealthy Investors Know About Lowering Risk

The popular image of a “one percenter” in America is the uber-connected Wall Street shark, a banker with few morals and no compunction about making money at the expense of others, even his own clients.<p>Those people exist, but the very wealthiest people in the country actually hail from a mix of …

5 Steps to Keep Your 'Opportunity Pipeline' Flowing

Do you have trouble identifying new markets to enter? This process can help you uncover and prioritize the best opportunities for business growth.<p>At Avondale, we are continually seeking new opportunities to build and grow businesses for ourselves, our partners and our investors. After we use a …

Daily Inspiration and Motivation