The basics of entrepreneurship

Entrepreneurship essentially refers to a person or group’s capacity and willingness to develop, organize, and manage a business venture. Of course, the best example of entrepreneurship is starting a new business. But it is assumed that gaining profit comes with a variety of risks in order to make a profit, explains business professional Tyler Tysdal.

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 Any business expert will tell you that it’s not starting a business that’s difficult and expensive, but ensuring that the business is maintained and, at some point, expanded. For a beginning entrepreneur to reach various levels of success, it’s important that they abide by certain basic rules and approaches.
Firstly, cliché as it may sound, honesty is always the best policy. Any entrepreneur should be transparent to customers for all products and services being offered. Never, ever promise something you cannot deliver. Also, respond to any comment and feedback as soon as possible, as you don’t want to have disappointed customers spreading bad advertising about your business to other customers, especially in this age of social media.

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This principle of honesty, of course, begins with yourself. Don’t lure yourself into thinking a venture is going to succeed if you yourself are not satisfied and proud of the products or services you provide. Don’t even start a business based simply on the success of others in the same industry; make sure it is something you love and can commit to.

You should also make good use of what the modern world has to offer, like harnessing the power of the internet. No matter how sound your business distribution model is, it’s still best to apply it online given that most people now use the internet more than ever. Moreover, establishing an online presence is ideal for the new entrepreneur as it’s significantly cheaper and reaches so much more customers, adds Tyler Tysdal. And, while you’re at it, don’t forget to open social media pages on sites like Facebook, Twitter, and Instagram.

Private equity and real estate investor Tyler Tysdal has led investments in several real estate properties in the United States, primarily in top hospitality in markets such as Manhattan and Seattle. For related posts, visit this blog.

What are the key roles of sports agents and agencies?

We all know that sports superstars such as James Harden or Tom Brady don’t manage their businesses and appearances on their own. Athletes in the pro circuit are usually represented by sports agents who have nothing but the best intentions for their clients. If you remember the film Jerry Maguire, Tom Cruise plays the role of a dedicated sports agent who stuck with his superstar partner Cuba Gooding Jr. through thick and thin.

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 While reality isn’t as dramatic as the film, the roles of a sports agent are roughly the same. According to investment expert Tyler Tysdal, sports agents look out for their client as their salaries are often commission-based. Here are some of the key roles of sports agents and agencies.

Signing new players

Sports agents do a lot of scouting to sign in new players. A bankable player could be one who has reached the end of their contract with their agent, one fresh from college, or ultimate looking for an agent to represent them. Sports agents travel across the country to find recruits and offer them their services.

Negotiator

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Once an agent has signed a player, it is their job to get their client the best deal. The best deal may not necessarily offer the biggest paycheck. The agent also has to look far into the future of their athlete. It could be possible for an agent r to choose a lower salary for their athlete for a chance to join a team with a potential to win a championship. According to Tyler Tysdal, if an agent plays their cards right, investing in the future of a player can earn them millions of dollars.

Prior to Platte Management and TitleCard Capital, in 2010, Tyler Tysdal co-founded CCFO, a multi-family office that manages over $700 million in assets. In early 2015, Mr. Tysdal sold his interest in CCFO. From 2007 to 2010, Mr. Tysdal was the Managing Director of a single-family office with over $1 billion under management. For more reads on sports agents and agencies, visit this website.