Category Archives: Money

Paul Saunders Of James River Capital Offers Valuable Advice To Entrepreneurs Who Are Looking To Fund A Startup

Paul Saunders is the chief executive officer and founder of James River Capital Corp., and he has been able to find success where many others have failed. He studied at the University of Virginia where he earned his Bachelor of Arts degree. He received his MBA while studying at the University of Chicago. Saunders has worked with many different companies over the course of his career and has served in the trading and investment sectors as well as serving as an investment banker. He worked with Kidder in the past where he served as the company’s director of managed accounts and commodity funds. He eventually bought out Kidder and turned it into James River Capital.

James Saunders has been involved with philanthropy for a good part of his life. He is passionate about helping people and created a charitable organization with his wife named the Saunders Family Foundation. Every year, he partners with his wife to support different nonprofits, and he has also donated a lot of money to the University of Virginia. Saunders has also supported the Collegiate School, the Community Cancer Fund, and many other charitable organizations. 

Paul Saunders has shared many tips with entrepreneurs in the past about how to fund startups. One of the ways to do so is by bootstrapping an operation, which is something many entrepreneurs have to do. While bootstrapping may not help to pay for everything that a startup needs to get started, it can help to cover quite a bit. Saunders has also pointed out that investors will more readily invest in a startup when they know the people running it are invested, as well. Learn more: http://paulsaunders.org/

Paul Saunders has also suggested that entrepreneurs should consider crowdfunding when looking to fund a startup. This is when many different people contribute a certain amount of money to show their support for a startup. Many people use Kickstarter to set up a crowdfunding effort, and it is possible to offer them incentives when they do. Social media is a great way to reach out to people when using crowdfunding to support an idea or company. 

Paul Saunders has talked about the fact that some entrepreneurs will need to consider getting a business loan. There are many different kinds of business loans, and loans from a bank can offer lower interest rates even though it may take some time to be approved for one. Some entrepreneurs decide to go with SBA loans, which are easier to obtain than a bank loan. Saunders has commented that another option is to open up a business line of credit. Entrepreneurs will pay interest on any money they use through a business line of credit, but they can access these funds again and again, as long as they keep paying off the money that was originally borrowed.

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Paul Saunders offers insights on burnout

Let’s face it, as much as work is inevitable, it can sometimes be stressful. Even when one is working on his most passionate career, there comes a time when one feels they have given it their all. When the exhaustion is coupled with the toll that may take one on personal life, burnout is bound to happen. In his bid to decipher and advice on this phenomenon, Pal Saunders; the principal and founder of James River Capital Corp offers some of the most effective ways that you can use to help employees showing signs of burnout.

Help employees attain better control

Burnout is most likely to be experienced when an individual loses control over time management and basic scheduling. This is mainly because at this stage, they feel hopeless and helpless. As such, it is important for the manager to ensure that they offer employees enough flexibility in their working environment. This ensures that they remain autonomous and free to think and get creative. For instance, you can give employees some few minutes in the morning to outline their goals for the day and let them work their best to achieve them.

Promote transparency

There is nothing as frustrating as the feeling that your employer is not being open on most matters that concern you in the workplace.The moment an employee feels that they are not getting full information from the management in terms of matters like promotion and compensation, they are bound to experience negative feelings that will slowly but surely lead to burnout. It is, therefore, important for a manager or supervisor to be as open and homes as possible when communicating with employees even on a matter that he feels may not favor them. They can effectively do this while offering reasonable explanations.

Stay conscious of employee attitudes

As a manager, it is always important to stay cognizant of the fact that an employee’s emotions can change in a matter of seconds. When this happens, it can sometimes be challenging to control. As such, it is advisable that the management regularly get to meet each employee on an individual level so they can get to understand the situation from their point of view. Encourage them to have a sense of teamwork and support for each other at work. With time, they will regain confidence and will be back to their usual self. Learn more: https://www.turtletrader.com/trader-jamesriver/

Apart from his role as the principal at James River capital, Paul Saunders serves as the CEO and Chairman. Based on his many years in the industry, he regularly offers insights and advice to the younger generation on how best to go about the business world. His expertise has seen him receive accolades both locally and internationally. Follow James River Capital on LinkedIn