In addition to his management roles, Phil had over 20 years’ experience advising companies on their company’s value, effect on value of different operating and financial strategies, such as sell, take public and/or joint venture options. Advice included due diligence, tax strategies, accounting issues, business strategies, corporate structure, and capitalization arrangements. He had consulted on corporate spinoffs, restructuring, and shareholder value implementation strategies. Phil has spoken and written on the economics of regional power planning, Global CapitalTrends-Effects of the U.S. Business Environment, Tax Strategies in M&A Transactions, Financing Leverage Buyouts, Capital for Financial Institutions,and Global Financial Instruments. Phil spoke at BusinessWeek’s 2003 CFO CIO Forum on the Implications of 2003 Tax legislation.
Madam C.J. Walker is considered one of America’s first women to become a self-made millionaire. Born to former slaves, Walker faced a series of difficulties early in life. These included poverty, the death of her parents, and several failed marriages. Eventually she moved to Colorado and found work as a sales agent, which eventually inspired her to start her own business. She began to sell her own line of hair care products designed specifically for African-American women. At her peak, she ran a host of factories both in the United States and abroad. Walker spent a good deal of her life advocating for the rights of African-Americans and gave away much of her earnings both during her life and at her death. Recipients included the NAACP, the YMCA and YWCA, historical preservation projects, and civil rights causes.
Founder, Dr. R. Stanley Tam, made a promise to God that if God would prosper this business he would honor God in any way he could. God has consistently done His part and, with His help, we do ours to the best of our ability. Mr. Tam has placed 100% of the ownership of United States Plastic Corp. into a foundation whose purpose is to establish churches in third world countries.
Answer: An entrepreneur is someone who creates and runs a new business for profit by selling products or services. An entrepreneur is usually a self-motivated person who is willing to work hard and do whatever is necessary to get the business off the ground. Entrepreneurs must be willing to face some lean times in the beginning if it takes a while for the business to become profitable. Entrepreneurship requires initiative, motivation, sacrifice, and patience—all traits that the Bible encourages (Galatians 5:22; 1 Peter 1:5–7).
Whether you’re a traditional student or adult learner, Crown’s accredited, faith-based, online business degree program will provide you with a comprehensive view of business principles. You’ll learn concrete skills in accounting, economics, finance, management and marketing. You will also acquire practical expertise in applying a biblical perspective to decision-making in the business world.