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Money Wealth Finance


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

_

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

Hi again

DEVELOPING A POSITIVE MINDSET

The following is a statement from a serious money making person - Jon
It says it all. Take note and learn.
My footnote at the end

QUOTE

I've been ranting and raving lately about the
importance of your wealth DNA.

Why is it such a big deal?

I bump into so many individuals, especially at
seminars and when I get to talk to them, it's
obvious to me that no matter how specific you
layout a strategy, you just know they're never
going to be successful.


How do I know?

It's in the way they speak and the language they
use.

They generally fall into 3 categories. You might
think that this bit doesn't relate to you, but
let's see.

The first question that I ask them is, what is
that has stopped you in creating more success in
your life so far?

The overwhelming answer is that they start
talking about events or other individuals who
have somehow controlled their destiny.

They're playing what I call the "blame-game".

They'll blame the economy, the government, the
stock market, their broker, a real estate agent,
a former business partner, their ex-wife, you
get the drift...


You'll never become wealthy if you fall into
this category.

You have to take 100% responsibility of where
you are at right now. You'll never be able to
move forward if you don't accept this.

Here's an interesting story. I once told this to
someone, (I wont mention who) and they
aggressively came back at me with...

"So if I'm walking down the street and a brick
falls on my head, it's my fault?"

No, it's not your fault... But how you respond
to the event is your choice.

Let me ask you this, do you have any friends or
family that have been on workcover for 5 years,
waiting for payout?

Now don't get me wrong, of course injuries
happen, but your attitude to how you respond to
events that seem challenging at the time is so
important when you're building a foundation for
wealth.

The next attitude of mediocrity is
"justification".

If you're not blaming, you are usually
justifying your situation in some shape or form.

I've had people say to me, "Money is not really
important to me."

Guess what... These guys are usually broke.
Guaranteed.

Another way of justifying their lack of money
position, they generally use dumb comparisons
like, "Money is not as important as love" or
"Money is not as important as your health."

Isn't that dumb? It's like you can only have one
or the other. I know you can have both or all
three.

The next dumb attitude is complaining.

In fact, this is the worst thing you can do,
guaranteed to keep you broke, and it gets even
worse... Your health will suffer as well.

I'm a big believer in what you focus on expands.
Read that again... It's THAT powerful.

When you're whining, moaning and complaining,
the only likely outcome is that you're going to
get more of the same crap that you're
complaining about.

When you're complaining, you become a living,
breathing crap-magnet.

Have you ever met a rich person who bitches and
moans all day long.

THINK POSITIVE ALL THE WAY TO THE BANK

Here's some homework for you that could
potentially give you some instant results in
your life.

Are you suffering from a little bit or a lot of
the above "wealth-stealing" principles?

You might say to me that, nup, you don't do any
of the above.

Here's a challenge for you...

For the next 7 days, try this. Don't blame,
justify or complain... No matter what.

Look at every experience and say to yourself,

"Mmmm.... What have I done to create this?"
(Responsibility)

"What's my positive response? If at all..."

"What can I learn from this situation that will
be useful to me?"

See how you go... I bet you it's not going to be
easy. But if you take up the challenge, you're
going to be amazed at the insights and
transformations that will start to appear.

...And remember, it's nothing more than taking
100% responsibility of your own life.

Regards - Jon


Some people have not got a life.
They are so busy complaining that life passes them by
Scared to take risks and explore opportunities
or better still create opportunities.
They are always victims..HA-HA-HA
Get a grip and crush that mentality or
forever walk in someone elses shadow
YOU CAN GET JUST ABOUT ANYTHING YOU WANTY IN LIFE -
ENGAGE A POSITIVE MINDSET

Sourced and Published by Henry Sapiecha 17th March 2010

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