Category Archives: money

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Angela Koch is Growing the U.S. Money Reserve

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One of the largest private gold, platinum and silver coin distributors for the government, the U.S. Money Reserve has the only female CEO in the industry, Angela Koch. Koch sets the organization’s pace and culture while overseeing the entire operation. Her path to CEO was an unconventional one.

Angela Koch Background

Angela Koch was a college dropout before marrying and having a child with her ex-husband. Koch’s husband was a pro golfer and while he was taking classes she had to work and figure out how to pay the bills. Koch realized that she was not prepared, she didn’t have a degree or life skills. Angela Koch decided that she was going to find a way to make it work. Read more: US Money Reserve Reviews | Glassdoor and U.S. Money Reserve Austin TX, 78730 – Manta.com

Koch Worked Through It

Angela Koch worked as many as three jobs at a time and learned every aspect of all the positions she held. Koch would work for any company no matter the size or the position.

Angela Koch began to understand that she was good at the job and the position did not matter. She gained the understanding that there are lots of positions for young people even those who do not possess a degree.

 

U.S. Money Reserve Approach

Angela Koch eventually went to work at the U.S. Money Reserve where she has worked her way up to CEO. Koch is continually expanding the company by focusing on steps she finds essential.

  • Do not hesitate once you decide to do something. Keep moving forward and do not look back. Hesitation can make you end up in a place that is worse than where you started at.
  • Your soul will be more complete if you make sure your life is evenly balanced.
  • Know and maximize the strengths you have.

Koch takes being CEO of the U.S. Reserve seriously. She believes that by taking care of employees and encouraging professional development and personal growth everyone will benefit.

Angela Koch wants those who she leads to be able to go out and make business decisions without her. Koch believes that her job is to ensure that both the company and its employees benefit in order to grow together.

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Learn more about US Money Reserve:

https://www.bbb.org/us/tx/austin/profile/coin-dealers/us-money-reserve-inc-0825-52264

Business, Finance, money, Uncategorized

Tips From an Expert on How to Fund that Brilliant Idea

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What prevents most brilliant ideas from becoming a reality? For the most part, it is a lack of funding. Far too many entrepreneurs see their dreams and ideas die on the line because they don’t have the finances necessary to produce or market them.

Paul Saunders, the founder, and CEO of the James River Capital Corp. is a graduate of the University of Virginia and the University of Chicago. His career has spanned years and has included roles in investment banking and investment trading. James River Capital originally was the alternate investment department of Kidder, Peabody,& CO. It became an independent investment company in 1995 when it was purchased by Paul Saunders and Kevin Brandt. Paul Saunders has always had a passion for finance. This led to a career in investment banking and makes him a voice of reason and experience worth listening too. Learn more: http://jrccblog.net/

In an article recently published in the Premier Gazette, Saunders shared some much-needed advice with those who have brilliant ideas but no finances. The funding strategies shared in the article are designed to help entrepreneurs launch businesses and bring ideas to life.

The emphasis of the tips shared by Saunders in the article is for the creation and not competition. His list has seven tips. Here are the top three.

Bootstrapping
Bootstrapping refers to personal funding; money/funds that a person has on hand. This includes personal savings, credit cards, and borrowing from family and friends. Even though bootstrapping may not be a way to fund your complete business startup goals, it is the best place to start because you won’t have to give up equity or control to a second or third party.

Bootstrapping says to possible contributors that you believe in yourself. Using your own resources proves that because you have invested financially in the business you are more likely to work hard to ensure that it succeeds.

Crowdfunding
Crowdfunding is a relatively new form of business funding that relies on contributions of various amounts from a large group of people. Kickstarter is a crowdfunding platform that allows supporters of your idea or project to pledge to the goals and tiers you set. Those who support you through crowdfunding are not looking to be repaid. This platform works best if you have a social media following or if your product or service addresses a high-demand gap.

Business Loans
Bank loans and loans from the Small Business Administration (SBA) are two of the more common types of bank loans. Both require that you have a strong credit score. The interest rates on bank loans are lower, but the loan has a lengthy approval process. The interest rate on an SBA loan is usually more expensive but they are easier to qualify for.

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