Retrieved from https://studentshare.org/miscellaneous/1504262-business-school-admission
https://studentshare.org/miscellaneous/1504262-business-school-admission.
She sends me these quotes from time to time just to remind me I can accomplish anything I want. She is a very successful businesswoman now. But she has never forgotten her difficult times, hard work and tough competition. If it hadn't been for her strong wish to become successful and her daydreaming, she wouldn't have become what she is now. In her last letter to me, (knowing I am very interested in becoming a successful businessman too), she mentioned something about starting a winery and recommended me some magazine titled as "Wine Spectator".
I rushed over to the nearest newspaper stand and bought the latest edition dated June 15, 2008. A few articles in it made a great impression on me. First, it was page 40 in the letters section where I read a letter written by Robert Butwinick from Minnetonka, who raised a question about the price of wine. Actually, he asked if any "beverage" (as he refers to the wine) was worth $500 per glass, so I felt nauseous by the discovery wine was so expensive. Then, as I am Chinese, I was drawn to page 20 by the title of the article "Chinese Authorities Detain American Wine Importer" and as I had a modest knowledge of taxes and customs duties I wasn't really able to understand it all.
Finally, the article that made the greatest impression on me certainly was "Vineyard Capitalism" p. 95-98, that told the story of William Hill and Richard Wollack who bring a years long industry experience to the West Coast vineyard development company. After I'd finished reading the whole of it, I was overwhelmed with some new energy and a positive attitude towards this, and my daydreaming started. She was right. I can do it. However, one question remained. I had no idea where and how to start.
I haven't got the slightest idea about growing grapes, or wine production, or running a winery. I realized I had to do something to acquire knowledge first, and then establish a company of my own, maybe even a winery.I spent the whole summer researching. I discovered and studied many articles and books about economics in general, business management, marketing, and even studied comparative economic systems. I found all of these articles and books very confusing at first. For example, I could not understand what the author meant by saying "This is a combination of debt and equity in a loan facility.
A participating loan is a loan, so the lender has all the normal lender protections. Such a loan is also a security since the lender shares in any 'upside'" (Young, L. Robert, "California Vineyards/Wineries" - "Financing a Winery Development-Alternatives
...Download file to see next pages Read More