A detailed schedule, program, system, or method worked out for the attainment of an objective. 2. A proposed project. 3. A systematic arrangement of details; an outline or sketch. The plan is what you have to do to attain the vision and dream. It includes what your products are, what you need to keep score of to observe whether you are winning or losing, what roles you will have to play, and what knowledge and skills are vital to succeeding.
glossary Page 29 of 40
1. The sequence of events in a story where the main character is in a challenging situation forces them to make increasingly difficult choices, driving the story toward a climactic event and resolution. When put together, the cause and effect relationship between the events in a story forms the plot. 2. When recounted in detail, the story of a person’s life resembles the plot in a novel. Roles, identities, games, situations, and events are interrelated and dependent on each other. Many events repeat the same scenarios with different characters, places, and times. For example, suppose you had an overbearing and critical father. In that case, you may find yourself working for a domineering and critical boss, so you resign and get a new job with a boss that looks different, only to discover that this new boss is domineering and critical too!
A collection of investments held by an investment company, hedge fund, financial institution or individual. The more diversified the investments in a portfolio, the more likely the investor is to earn the same return as the market. Can be represented as a pie that is divided into pieces of varying sizes, representing a variety of asset classes and types of investments designed to achieve the ideal risk-return asset allocation.
1. That series of actions, changes or functions that bring about a person’s intended end or result. 2. Ongoing, upward movement in the direction one intends.
An asset class consisting of equity securities and debt, which is invested in an operating company that is not publicly traded on a stock exchange. A private equity investment is typically made by a firm that specializes in private equity, venture capitalist or an angel investor. Each investor category has different goals, preferences and investment strategies; however, all provide working capital to nurture expansion, new product development, or restructuring of the company’s operations, management, or ownership.
1. A situation regarded as unwelcome, harmful and needing to be overcome. 2. A perceived gap between the existing state and the desired state. 3. A question or matter involving doubt, uncertainty or difficulty.