September 1st, 2009
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Chris Lighty owns three institutions to his name – an artist management group, record company, marketing group, all at just 39 years of age. Chris has always been interested in music and at the beginning of his career, he used to crates of records for DJ Red Alert! He set up his own group ‘Violator’ in 1990, and with the aid of some innovation marketing strategies, he was successful in connecting musicians with brands and this includes rapper 50 Cent’s ground-breaking deal with Vitamin Water. Since then, Violator housed artists like Diddy, LL Cool J and Macy Gray.
The management skills of Lighty were brought into practice from an early age when he had deal with his siblings in the Bronx Projects. Here, he cultivated a taste for hip-hop and rap of the magical 80s. As he states, “Our culture isn’t just about living in the projects; there’s so much more”. Apart from creative management and branding projects with Violator, Chris is also involved in the strategic marketing ventures with his management company, Brand Asset Group. It is joint venture with the Warner Music Group. Lighty is determined to create an overall business of entertainment. He also owns a film company in collaboration with 50 Cent and plans to devise a hip-hop reality show. Chris Lighty with his enviable millionaire profile brings to the fore one fundamental aspect, that in order to be a millionaire, one needs creative thinking apart from perseverance.
Written by srini on September 1st, 2009 with no comments.
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Since its creation in 1974, the IRAs have enabled the individuals to save their money in the retirement account or trusts, to attain benefits for themselves or their preferred beneficiaries. The IRA accounts should be strictly governed in adherence to the Sec. 408. With the self-directed IRAs, the investor is endowed with an enhanced control over the investment decisions. They are mostly referred to as the real estate IRAs, although, one can equally focus on the operating businesses, private placements, investment partnerships and notes.
IRAs are considered to be great investment opportunities in the investment finance sector, if the investor is well-acquainted with the volatility of the stock market movements. It is a profitable investment strategy if one follows the regulations mentioned in the Sec. 4975; he will then be able to effectively steer away from the tax penalties. The most appealing part of the self-directed IRA is that you can efficiently diversify your investment. Say, if you concentrate on the Roth IRA, the growth of your assets would be free from taxation and you would also stand to receive potentially higher returns. There is an important point to note in this regard. Since a custodian cannot offer any advice concerning investments, the investor needs to be careful about the transaction requirements. But the savings generated from it at the fair end of one’s life is surely satisfying as the energy and effort devoted to it is none-the-less huge.
Written by srini on September 1st, 2009 with no comments.
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