Economic Perspectives with Hopeton Hay on KAZI 88.7 FM in Austin, TX

Archive for August, 2011

Advice from President of $500 Million Company on Starting a Business

Posted by Hopeton on August 31, 2011

I recently asked the president of a $500 million a year company if he left his company to start a new company with $25,000, what are the three most important things he would do to be successful. He said the following: First he would figure out exactly how much he needed to make to pay his personal cost of living, and would reinvest all the profits back into the business. Second, he would set-up a good accounting system to make sure he properly managed his costs. Third, he would perform as much of the work the business needed done himself during the first year to keep his costs down. And finally, he would deliver a quality product with good service.

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New Orleans Business Focus of August 29 Economic Perspectives

Posted by Hopeton on August 27, 2011

L-R: Gil Scott-Heron, Gina Montana at Essence Music Festival

New Orleans native and entrepreneur Gina Montana discussed her experiences surviving as an entrepreneur post-Hurricane Katrina on the August 29 edition of Economic Perspectives.  To listen to a podcast of the interview click here: Gina Montana.

Montana, owner of Montana Productions, has been an arts and festival producer for over 15 yea  She was worked on numerous festivals including the New Orleans Jazz and Heritage Festival, Essence Music Festival, and Voodoo Experience.  In 2012 she’ll be launching the Black Rock Festival which will explore the roots of rock and roll in the African American community.

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Listen to Interview About Advancing Your Career Through Understanding Your Power Persona

Posted by Hopeton on August 13, 2011

Listen to our interview with Maggie Craddock, author of Power Genes: Understanding Your Power Persona–and How to Wield It at Work .  To listen click here; Maggie Craddock Interview.

In Power Genes, executive coach Maggie Craddock reveals how to kick bad habits and use your power more effectively to advance your career. Craddock identifies four “power types”–Pleaser, Charmer, Commander, Inspirer–and explains how to diagnose your type. Next she walks you through a process for avoiding your type’s signature destructive reflexes and replacing them with new behaviors. She also shows how to interact productively with other people–peers, bosses, employees–of each type. “Power Genes” helps you jettison unproductive habits and take charge of your workplace relationships.

Ms. Craddock has worked with clients at all levels on the professional spectrum – from people reaching the Vice Presidential ranks for the first time to Fortune 500 CEOs.  Ms. Craddock is the author of The Authentic Career, a popular career guide that has been featured at business conferences across the nation.  She has also written several nationally syndicated articles on behavioral dynamics in the workplace, and her work has been discussed in Oprah Magazine.  She was recently a panelist at Deutsche Bank’s annual Women on Wall Street conference and is a regular speaker at leadership conferences for her corporate clients who include Goldman Sachs, Credit Suisse and JP Morgan.

Before building her executive coaching business, Ms. Craddock worked for over a decade on both the buy side and the sell side of the financial services industry.  As a Portfolio Manager at Scudder, Stevens & Clark, Ms. Craddock managed $3 billion in short-term global assets

Ms. Craddock received a M.Sc. in Economics from the London School of Economics, specializing in Capital Markets.  She also received an MSW from New York University and is an Ackerman certified family therapist.  Ms. Craddock holds a BA in Economics from Smith College.

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