Wait a second!
More handpicked essays just for you.
More handpicked essays just for you.
Questions on contracts business law
Don’t take our word for it - see why 10 million students trust us with their essay needs.
Recommended: Questions on contracts business law
Personal Finance Lessons From "The Greatest Showman"
P.T. Barnum was a businessman who became known as one of the wealthiest men in America during his time. "The Greatest Showman" is a movie based on his colorful life as a businessman who started the Ringling Bros. Barnum and Bailey Circus.
The Hugh Jackman musical has been a hit at the box office with all its spectacular song and dance numbers wowing audiences. The soundtrack for the movie has skyrocketed to the top of the charts in the U.S.
The films success has come as a surprise for many because it runs counter to all the latest box-office trends. It has shown that word of mouth can still bring in the crowds. Social media has also played a big part in this, attracting people who are
…show more content…
Barnum
1. Starting small can fulfill big dreams
Many people want instant success, they want to start a business and put all that they have into it. Barnum started with nothing to begin with. His passion became the fuel which drove him to succeed. There is nothing wrong with starting small, in fact most financial experts would recommend this. The important thing is to keep your focus on how big you want to be. Dream big for nothing is impossible for those who believe that their dreams will come true.
Barnum was an orphaned tailor's son, who was still unemployed when he became a father of two. He became the famous showman and went on to become one of Americas richest.
2. Come up with a product that the market wants
Barnum got a $10,000 bank loan to start a museum that had death as its central theme. This did not pan out with his intended audience. His business could have gone down further had he not listened to his kids advice. His daughters' suggested to come up with a concept that would make people happy. This led to the start of his circus idea, which eventually brought in the
…show more content…
You need to get insurance for your assets
When the Barnum museum burned down, PT Barnum was left with nothing. That building was one of their biggest assets. Don't make the same mistake and start insuring all of your assets now like buildings, machines or any other assets that you have that are crucial in running your business.
Another asset that you should insure is yourself. Barnum was the main man, the source of all the business ideas and he was the star of the show. Not having him around would leave the business, his wife and kids with nothing if he were to die unexpectedly. What if Barnum died in the museum fire? Talk with an insurance advisor now and get a plan that fits your needs.
4. Make sure you have contracts when doing business
Barnum had discovered a gem in Jenny Lind. He expected to make a lot of money when they partnered and went on that singing tour. The problem arose when she decided to stop singing and not go on with the tour anymore. Barnum and Lind only had a verbal agreement which was not legally binding. If a contract had been signed, Lind would have to pay the penalty for breach of contract. Contracts are important in business, same with having complete legal papers and documents in all of your
He also recommends reading “Trading from Your Gut: How to Use Right Brain Instinct & Left Brain Smarts to Become a Master Trader” by Curtis Faith since it draws from the lifetime of experience of master traders like Richard Dennis and Jesse Livermore. One thing I would not have done with a business that was currently going broke is pushing it to the side in favor of another venture. Lucio and Jim thought it was a good idea to divert their attention away from a failing JL Audio in favor of a new business and took out a loan to have enough capital to open it. Luckily, things turned out fine for them, but there are just so many things that could’ve gone wrong and pushed them deeper into debt than they were in the first place. If I was in their shoes, I would’ve tried to build up JL Audio into a more profitable business first; some product discounts and sales could’ve helped move stock faster and when JL Audio was doing better, then they could’ve expanded into other business
Brian, a young business executive, started a small software company in his mid twenties. He would invest long hours developing his business, often working late into the nights. When the business became profitable, Brian incorporated and went public through a stock offering. Flood gates open and money poured in the company coffers and Brian grew exceedingly wealthy.
The casting of both Leonardo DiCaprio and fresh-faced Claire Danes influence how the film is viewed. Baz Luhrmann is smart in using young, attractive characters to make the adaptation more appealing to a more adolescent
One of the most popular forms of entertainment during the Gilded Age was theater, particularly Vaudeville, which was a type of variety theater prominent in late 19th century America. Of course, similar types of variety shows had existed much earlier, before the 1830's, but they experienced a growth thanks to Benjamin Franklin Keith, "the father" of American Vaudeville. He spent his earlier years working in traveling shows and circuses, before establishing his own museum of oddities in 1883. His success allowed him to finance the building of his own theater, and he became the subject of his own "rags to riches" story, one of many that were so common in the Gilded Age. Keith was a savvy businessman who knew...
...er apparently created successful persuasive appeals for the crowd to be attracted and enjoy a movie that will be funny, colorful, and full of adventures that eventually will teach a life experience to the public.
To conclude that both movies have own special traits that attract a lot of audience to watch these movies even though in these movies have contained violence and sexuality scene that seemly not suitable for children to watch. Furthermore, I’m really thought that both movies are good suggestions to entertain people during free time as both are very interesting and nice to watch.
The Greatest Showman is a movie from two thousand seventeen. The movie was released on December eighth. Film shows the importance of sticking to close to your family and not forgetting who they are in your life. However, the production of the film presented the importance of chasing one’s dreams meaning one is able to become whoever they chose to be, as well as, that everyone makes mistakes. The music soundtracks throughout the movie till the end help to bring all the characters together in the end.
George Perkins has stated that this play has been described as "possibly the best play ever written by an American (Perkins, p. 710)." The play marks a brilliant fusion of the ideas and problems central to Miller's artistic and creative life; among those problems are the relationship of selfishness to altruism and the need to define an achievable code of morality for oneself (Perkins, p. 710). Willy Loman, the dominant central character of the play, has defined morality in terms of his capacity to provide financially for his family. Frederick Karl (p. 329) states that Willy Loman is an outgrowth of a "Depression ambiance," which suggests that he defines "success" with respect to income, retaining a job, and fiscal security (all elements of man's work that literally disappeared overnight during the Great Depression). Loman is a "commercial cowboy," whose travels are days and weeks spent "out on the range" in pursuit of one more "big sale."
Over the years, Bollywood has emerged as its own distinct identity in the global film industry. Bollywood is the global leader in production of movies with a staggering 27,000 featured films and thousands of short films. (Pillania 1) However, Hollywood is still the leader in revenue generated. Due to the growth of the Indian market and globalization, Bollywood has made its way to the international markets.
Just like how Breaking Bad unexpectedly stayed alive through Netflix to become one of the most commended and binged series of all time. On the film landscape, the film 10 Cloverfield Lane steered clear of the traditional nine month marketing campaign instead releasing an unexpected trailer a mere three months before the movie’s release. It then went on to become the best movie of 2016 so far. It is often the places we lest expect, that produce the greatest
Starting and building a prosperous business is an ambition of many entrepreneurial minds and has for
Unfortunately, many small businesses fail or do not reach their full potential because the small business owner spends too much time working in the business, and too little time working on the business.
When it comes to business, especially when it comes to starting one, I tend to think I know it all. Yet in reality, I don't really even know how to get started, enough to make a business efficient, or even get the doors open enough to make the first dollar. When I first think of working/operating a business, I think of no boss but myself, the rules are made by me and no one else, and that seems like a great plan in my eyes. As well as having all company profit coming directly to me, and I get to decide what happens with it. Although I know there is more to it than that, there is forming a budget, working with customers, knowing when to expand, and when to coast through. I also know that in the world of business, that if you aren't moving ahead, you are moving backwards.
"Entrepreneurs who start and build new businesses are more celebrated than studied. They embody, in the popular imagination and in the eyes of some scholars, the virtues of "boldness, ingenuity, leadership, persistence and determination." Policymakers see them as a crucial source of employment and productivity growth. Yet our systematic knowledge of how entrepreneurs start and grow their businesses is limited. The activity does not occupy a prominent place in the study of business and economics.
We learned a lot of things in this course, but I think the most important lesson I learned is that it’s not easy to be an entrepreneur. I was surprised to hear in the first class that 80% of startups fail, but after reading The Art of Start and E-myth Revisited I understood why this happens more often than one might expects. Some people start their own businesses for the wrong reason and some start with wrong mindset. I’ve always thought that if someone has a brilliant business idea and hardworking they will succeed and grow their business. However, now I know that there are many things to consider before starting any business. In fact, there are many strategies that an entrepreneur could follow to achieve success, such as know your customers, work “on” the business, and how