Steve Hicks is the Founder and the CEO of Southridge Capital Group. According to Steve experience is the critical factor in the development of a successful business idea. He affirmed that his investment house has always been featured on the Wall Street Journals for the more substantial part of 20 years. Steve Hicks also noted that he and his executive staff know their neighborhood opponents. He also stated that he can clearly distinguish effective and ineffective investment ideas. Steve and his team make use of an in-house search engine to deploy time-tested mechanisms that will, in turn, help him to make the credible and reliable decisions about the various companies in search of financial services. He pointed out that there is a methodology in hedge fund decisions. He finally stated that great ideas with the unclear business plan are hard to execute and implement in the real world.
Like most hedge fund managers, Stephen Hicks of Southridge Capital is passionate about cryptocurrency and the rise in sales of legal marijuana sales. The two options share a general aspect despite that they seem to occupy the critical ends of the investment market. The fits aspect is that they both are already ascending. The other point is the potential of the profit.
According to PR Newswire, Hedge funds are always after putting capital behind, ‘the next big thing.’ Steve Hicks also believe in productivity and wisdom. For successful entrepreneurs such as Stephen Hicks who are always engaged in the success of their portfolio, it’s always wise to keep a record of the daily occurrences in conjunction with the cash proceeds feeds productivity of the portfolio. Portfolio management helps to keep clients and customers happy and impressed. As per Steve Hicks, any practice that barely meets goals and objectives for profit and productivity need to be aborted.
In the initial stages of his career, Steve Hicks learned his lesson the hard way. He discovered that not all deals pay out. He currently engages himself in fewer deals and focuses on cash instead of returns. He also never puts good money after the bad one. Another financial mistake is trying. He had initially invested a considerable amount of money in a company by the name Petals which flopped and disintegrated even after his efforts towards regaining it.