Dollars

Lakeside retirment village 75 unit project for sale @ the Fraser Coast Qld Australia

CURRENT ANNIE ST PROJECT FOR SALE FLYER

Joint ventures and exchanges considered

Published by Henry Sapiecha

Australian Association of Angel

Investors Member Services

Purpose

The objectives of the AAAI are to:

  • Promote ethical and efficient angel investment and angel syndication in Australia.
  • Promote the growth of angel investment in Australia, including encouraging and informing the establishment of new angel groups.
  • Define best practice for angel investor members in an Australian context.
  • Disseminate information on and access to formally recognised syndication models.
  • Be a source and channel for information and education of angel investors and entrepreneurs seeking angel investment.
  • Represent the interests of angel investor members in Australia as a peak body in dialogues with governments, peers and industry.
  • Represent members internationally in dialogues with peers, industry and governments.
  • Act as a channel for information and opinion from members to form the basis of advice to Government.
  • Assist with, and direct, research into Australian angel investment activities.
  • Organise and hold an annual summit conference on topics relevant to members.

The Australian Association of Angel Investors Ltd (AAAI) is the national association for Angel investors founded in 2007. We

  • Provide a voice for Australian Angel investors;
  • Offer professional education and provide other relevant information; and
  • Implement programs of interest in the sector,

to build a professional community of Angel investors and to enable our members to be more successful investors.

The fundamental tenet for AAAI and its members is that by enabling our members to be more successful as investors, more entrepreneurial businesses will be successful and our members will derive greater returns from their investments. This success will then encourage members to continue to invest in similar activities, thus promoting increased and ongoing investment and a sustainable “virtuous cycle” of investment driving the Australian innovation economy.

Since establishment in late 2007, AAAI has:

  • Delivered Annual conferences in 2008 (Canberra) and 2009 (Brisbane)
  • Facilitated the delivery of several professional Angel education workshops from the Power of Angel Investing curriculum of the Angel Capital Education Foundation
  • Secured an Australian license for the delivery of the full suite of ACEF PAI workshops and accredited 3 Australian PAI presenters
  • Delivered the first full day PAI overview workshop in Adelaide
  • Significantly raised the profile of angel investing and the AAAI with Federal and State Governments and been invited to several Government roundtable strategic discussions
  • Facilitated the formation of 6 new angel investment groups
  • Collated a significant amount of information that is available for sharing by members
  • Developed and delivered submissions to the Federal Enquiry into the Australian Innovation System
  • Undertaken the 2008 Annual Survey of Angel Investment in Australia – the first comprehensive survey of Angel investment in Australia
  • Delivered a submission to the Federal Department of Industry, Science and Research as part of the CCI initiative post the 2009-2010 federal budget for ongoing support of the development of Angel investment infrastructure

Our goals for the next year include:

  • To facilitate the establishment of more Angel investor groups around Australia
  • To work with the Federal Government to secure infrastructural funding for AAAI and to support sustainable group operations
  • To work with the Federal Government to set up a co-investment fund
  • To organize and deliver the 2010 Annual Conference in Adelaide
  • To organize and deliver in partnership with regional Angel groups and other stakeholders, a range of awareness and education programs to build awareness, recruit members and offer professional education to support our mission
  • To undertake the 2009 National Survey of Angel Investment in Australia
  • To build national and international networks supporting Angel investment
  • To undertake a comprehensive communication program to deliver the AAAI message
  • To build resources and deliver value to our individual members and to support group formation

AAAI delivers products and services to members, groups and corporate and government stakeholders.

Sourced and published by Henry Sapiecha

Five Billionaires

Who Live Below Their Means

Katie Adams, 04.14.10, 01:10 PM EDT

These billionaires maintain a frugal lifestyle.

At least once in your life–maybe even once a week or once a day for that matter–you have fantasized about coming into a lot of money. What would you do if you were worth millions or even billions? Believe it or not there are millionaires and billionaires among us who masquerade as relatively normal, run-of-the-mill people. Take a peek at some of the most frugal wealthy people in the world.

Warren Buffett
Millions of people read Buffett’s books and follow his firm Berkshire Hathaway’s ( BRK - news - people ) every move. But the real secret to Buffett’s personal fortune may be his penchant for frugality. Buffett, who is worth an estimated $47 billion, eschews opulent homes and luxury items. He still lives in a modest home in Omaha, Neb., which he purchased for just $31,500 more than 50 years ago. Although he’s dined in the best restaurants around the globe, given the choice he would opt for a good burger and fries accompanied by a cold cherry Coke. When asked why he doesn’t own a yacht, he responded “Most toys are just a pain in the neck.”

Carlos Slim
While most of the world is very familiar with Bill Gates, the name Carlos Slim rarely rings a bell. But it’s a name worth knowing. Slim, who is a native of Mexico, was just named the world’s richest billionaire–that’s right, richer than the überfamous founder. Slim is worth more than $53 billion, and while he could afford the world’s most extravagant luxuries, he rarely indulges. He, like Buffett, doesn’t own a yacht or plane, and he has lived in the same home for over 40 years.

Ingvar Kamprad
The founder of the Swedish furniture phenomenon Ikea struck success with affordable, assemble-it-yourself furniture. For Kamprad, figuring out how to save money isn’t just for his customers, it’s a high personal value. He’s been quoted as saying “Ikea people do not drive flashy cars or stay at luxury hotels.” That goes for the founder as well. He flies coach for business, and when he needs to get around town locally he either takes the bus or will head out in his 15-year-old Volvo 240 GL.

Chuck Feeney
Growing up in the wake of The Depression as an Irish-American probably has something to do with Feeney’s frugality. With a personal motto of “I set out to work hard, not get rich,” the co-founder of Duty Free Shoppers has quietly become a billionaire but even more secretively given almost all of it away through his foundation, Atlantic Philanthropies. In addition to giving more than $600 million to his alma mater Cornell University, he has given billions to schools, research departments and hospitals.

Loath to spend if he doesn’t have to, Feeney beats both Buffett and Kamprad in the donation category, giving out less grants than only Ford and the Bill and Melinda Gates Foundations. A frequent user of public transportation, Feeney flies economy class, buys clothes from retail stores, and does not waste money on an extensive shoes closet, stating “you can only wear one pair of shoes at a time”. He raised his children in the same way; making them work the same normal summer jobs as most teens.

Frederik Meijer
If you live in the Midwest chances are good that you shop at Meijer’s chain of grocery stores. Meijer is worth more than $5 billion and nearly half of that was amassed when everyone else was watching their net worth drop in 2009. Like Buffett he buys reasonably-priced cars and drives them until they die, and like Kamprad he chooses affordable motels when on travel for work. Also, like Chuck Feeney, rather than carelessly spending his wealth Mr. Meijer is focused on the good that it can provide to the community.

The Bottom Line
The dirty little secret of some of the world’s wealthiest people is that they rarely act like it. Instead of over-the-top spending, they’re busy figuring out how to save and invest to have that much more in the future. It’s a habit you might want to consider in order to build up your own little storehouse of cash.

Sourced and published by Henry Sapiecha 15th April 2010

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Billionaires You’ve Never Heard Of

These ten-figure titans hold sway over whole sectors

of the global economy–but most people don’t know

their names.



James Leprino $2.5 billion Leprino Foods U.S.
Joined father’s dairy outfit at age 18; transformed it into the world’s largest mozzarella producer. Today Leprino Foods supplies cheese for Domino’s, Papa John’s, Pizza Hut pizzas, Hot Pockets, string cheese.

Hiroshi Yamauchi $4.2 billion Nintendo ( NTDOY.PK news people ) Japan
Largest individual shareholder of Nintendo. Firm started out selling playing cards; Yamauchi led push into videogame consoles. Introduced Nintendo Entertainment System in 1985, turned Mario, Zelda into household names.

Video: Billionaires You’ve Never Heard Of

David Murdock $2.5 billion Dole U.S.
Took charge of the struggling food company 1985. Today Dole is the world’s largest producer of fruits and vegetables. Company went public last year; Murdock serves as chairman.

Axel Oberwelland $1.7 billion Storck Germany
Became sole owner of the candy company Storck GmbH after his father’s death in 2005. Outfit makes popular Werther’s Original, Riesen caramels. Sales: $1.9 billion.

Jorge Paulo Lemann $11.5 billion Anheuser-Busch Inbev Brazil

With Marcel Telles and Carlos Alberto Sicupira, holds hefty stake in beverage giant Anheuser-Busch Inbev. First fortune: Flipped investment bank Banco Garantia for $675 million in 1998.

Sourced and published by Henry Sapiecha 23rd March 2010

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