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Astra Mining Ltd Open Office in Mining Hub of Orissa, India

Astra Mining Ltd, an Australian diversified mining company, has opened its India office in
Bhubaneswar, Orissa through its local subsidiary. This is part of the company’s growth plan
to secure and operate high quality iron ore mines that are operationally ready for export.

ADELAIDE, AUSTRALIA – 31 January 2011: Astra Mining Ltd have opened their first Indian office, a vital part of their growth plan incorporating the acquisition of iron ore mines with a special focus on the existing mining hub of Orissa. The office was opened by ceremony according to traditional custom.

Orissa is known for its rich mineral deposits holding 16.92% of the total mineral reserves of the country. India’s richest and biggest deposits are mostly confined to Banded Iron Formations (BIF) of Precambrian age. The Iron Ore Group covers the Mayurbhanj, Keonjhar, Sundargarh and Jajpur districts of Orissa and exhibit the major and high grade deposits of Eastern India.

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The Mayurbhanj, Keonjhar, Sundargarh and Jajpur districts from Orissa bear the major high grade (+60% Fe) hematitic deposits from these belts and contribute to the 60% of total Indian iron ore. As per the information available from Director of Geology and Director of Mines, Orissa, the state has 5306 MT of iroore deposits. Keonjhar being the leading district with a resource base of around 3574 Mt.

“Astra Mining has identified a mining cluster of 10 iron ore mines in the Keonjhar district of Orissa, India adding up to an estimated 500 million tonnes of high grade hematite reserves. All mines identified are operative and ready for expansion. Each has mine has resources of high FE (+63%) content with close proximity to the rail link to Paradip port for export”., said Dr Jaydeep Biswas, Chief Executive Officer of Astra Mining. Alternatively, steel production in India is expected to expand exponentially, thus providing a local market for high grade iron ore. Astra Mining is in the process of acquiring the first of two mines on a cash plus share basis. The high quality iron ore reduces or eliminates the need for beneficiation of products.

The office in Bhubaneswar, Orissa is strategically positioned to be a base for the Astra Mining execution team in India. “Because of the abundant mineral resource base, its strategic proximity to major iron ore consumers in the world market, Orissa offers an excellent investment opportunity for us as we target steel manufacturers both in India and China growth markets.” said Silvana De Cianni, Managing Director of Astra Mining Limited.

“The mining scenario in Orissa compares very favourably with the Western Australian mining industry. The low cost of operation and infrastructure costs enable mines in Orissa to operate very profitably, even at low production rates. Close seaports and ready infrastruct

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Joint Ventures – your Unlimited Opportunity?

“He who has a thing to sell, and whispers it into a well, is not as apt to make a dollar, than he who climbs a tree and hollers.”

This information is based on my experience over many years of doing business successfully in Africa, Canada and the United Sates, using the leverage of Joint Ventures, incorporating the Mastermind, Strategic Alliances and Barter to do business and create value and wealth with no money and no risk. Tried and tested, proven in the field with thousands of business owners, these principles work on one condition: You can only succeed in Joint Ventures with people who are honest, professional, smart and disciplined. Once you have found people like that, JV’s can open the doors to unlimited wealth and success for you.

Joint Ventures work when people realize that we don’t have to own skills, money, employees, inventory or other resources in order to do business, create value and make money. And it can be done VERY FAST if we use existing resources.

Your business can skyrocket to new levels of performance and profitability using Joint Ventures. The purpose of Joint Ventures is to access new markets, grow your business and access new competencies, while leveraging your hidden assets and business partnering to optimize sales and profits. Don’t create competencies; borrow them. Don’t compete; partner. Two companies essentially spawn a new company. One plus one equals three through synergistic and exponential growth. Joint Ventures inject new energy, excitement, commitment, loyalty, purpose, optimism, enthusiasm, creativity and fun into businesses. This increases value and thus profits. From Proctor and Gamble, Wal-Mart and Pfizer, to Sony, Tom’s Corner Cafe and Bert’s Dog Grooming, business owners are discovering the magic of Joint Ventures. In fact, you don’t even need a business, a product or a service to make money from Joint Ventures.

If I was to add Bob’s dog grooming services to Alan’s Animal Hospital and everyone (me, included) got a piece of the action, I could literally start earning money immediately. The distribution channel is already in place. The overhead is already paid for. This is incremental business with the corresponding high profit margin. All Alan has to do is offer each of his clients the option to use Bob’s dog grooming services. He could hand them a discount voucher or merely a flyer. That is additional business for Bob, with no cost of sales (acquisition cost) at all. Bob has already paid salaries, rent and other overhead, so it’s found money for him. He pays you and Alan a commission on all the business thus generated. Everyone wins. This money is 100% profit in Alan’s hands. And at no risk, because you set it all up.

Joint Ventures can be very simple or more involved, but they usually cost very little to set in place, because most of the infrastructure already exists. If I sell landscaping, I can piggy-back my service on a realtor’s services. Or I can TRIANGULATE that deal I don’t have to own the landscaping service or be a realtor to make money from that JV.

“Whatever you vividly imagine, ardently desire, sincerely believe and enthusiastically act upon, must inevitably come to pass” Paul. J. Meyer.

Napoleon Hill educated millions on the power of the Mastermind. He said: “The ‘Master Mind’ may be defined as: ‘Coordination of knowledge and effort, in a spirit of harmony, between two or more people, for the attainment of a definite purpose.’ No individual may have great power without availing himself of the ‘Master Mind.’”

“We do not conquer mountains, nor tame elements. The true conquest lies in penetrating the mental barriers; those self-imposed limitations that we carry in our minds.” -Sharon Wood (First North American woman to the summit of Mt. Everest)

Together, we can do amazing things.

Tap into other peoples’ goodwill, database, capital, time, distribution channels, sales efforts, everything. Upsell existing customers on a new, additional product or service. The sky’s the limit.

Do you have or control anything that other JV partners would want?

The KEY is finding Good, Honest, Smart people. Start with people you know and trust: NEER: Naturally Existing Economic Relationships.

Talk in the other person’s interests, not your own:

When we understand that people are basically self-interested and that they don’t care about what you want, but rather about what they want, we should change our approach. Instead of thrusting your business card at someone and telling them how great you are and begging for their money, smart operators think about what THEY want.

Imagine your response if someone was to approach you with the following pitch:

“What can I do to help you achieve your goals? How can I use my resources and the resources and hidden assets of my network of associates, friends, family, customers and vendors, to help you? How can I utilize my distribution channels, relationships, underutilized assets, salespeople, personnel and equipment, to generate more business for you?” I’m sure very few people, if any, have approached you in that way, right?

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By the same token, you could approach someone with this offer: “If I bring you access to markets, prospects, buyers, customers, advertising, that you never had and I turnkey it all, can I have 50% of the profit?”

You’re offering Found money incremental profits and no upfront costs or risk.

If you want to open the door to JV’s with successful people, you have to differentiate your approach. They’re being hit on multiple times every day, but few if any are using this approach. Do your homework; study their websites, Google them, do your research and due diligence and be well prepared for your meeting. Forget about what you want and concentrate on looking for ways to benefit them. You will definitely get their attention. That’s why my website is called, DollarMakers.com

Let’s look at some FREE options for promoting and selling services and products:

Remember, you don’t even have to own a business to make money from JV’s, but it does help to have one.

1. Use your own, or others’, E Newsletters (e-zines). The two e-zines that I write (Eagle Attitude and Entrepreneur Newsletter) each reach over 6,000 people internationally every week. My cost to have an e-zine sent out every week is only per month! Regular information that is actually READ, ids a powerful communication and selling tool. Use others’ e-zines I write for someone else’s e-zine that reaches 20,000 people per week. That’s great free exposure for me. Other people use my articles free of charge, in exchange for displaying my contact information and giving me credit for the writing.

2. Use a BLOG mine works well for me, and I use my e-zine articles on it. It’s FREE!

3. Use a website. www.jvwisdom.com has made me hundreds of thousands of dollars in sales.

4. Give away free reports and e books like this one free advertising and you get to create massive credibility. (Given that you know what you’re talking about.)

5. Give away or sell audio CD’s, or have them available free of charge in audio streaming on your website.

6. Give away free CD’s and charge for Shipping and Handling to cover your costs and even make a profit. Team up with others who already have CD’s made. Use my CD’s to market your business. I can show you how to do that. Use other peoples’ skills, competencies and resources.

7. Offer to convert other people’s inactive customers into active customers for an on-going piece of the action. This idea, alone, can be worth a fortune to you, when you consider the amount of customer attrition going on.

8. Piggy-back your product or someone else’s product, on to existing sales streams and have someone else’s sales team sell your products and services as an add-on to their existing sales.

9. Convert unconverted leads or triangulate the deal. Switch leads between two realtors and take a piece of the action.

10. Find people who have products they can’t move, get the products on consignment and sell them through other people distribution channels on consignment! No risk.

11. Create multiple add-on sales options wedding planners, lube centers, webmasters, courier services and home improvement services are great for this.

12. Buy and resell advertising space and / or services.

13. Offer Free Seminars either you do them or have someone else present them.

14. Sell Bill’s CD’s on consignment through Jack’s gas stations.

15. Free Conference Calls are very powerful selling tools. Interview experts and they will help you sell. You don’t need any skills or money use other peoples’ skills time, energy and money. Bundle your products with someone else’s every time they sell a course, they can include your CD’s!

16. Join forces with your competitors together you can accomplish a lot more.

17. Share advertising space, mailings, seminars, radio and TV time and database communication.

18. Use Gift Vouchers give away samples of other peoples’ services and take a piece of the resulting, ongoing business. Carpet cleaning, accounting, consulting, car services,

Always ask yourself, “What does the other party REALLY, REALLY want? What is his or her HOT BUTTON? And always ask them, “What will it take?”

Simple Examples:

1. I gave a restaurant owner 400 free paper placemats, each including some nice graphics and interesting information, PLUS a pitch for my business broking services and my contact information. I also gave him a gumball machine full of gum, with an advertisement for my business services right on top of it. He will get paid a generous commission on any resulting sales.

2. With my friend, Antonio, we created an amazing marketing package for small businesses including 11 CD’s, a powerful marketing program worth 0, plus six months of conference calls and a two day convention in Vegas, all of which sells for just 5.

3. I’m not a realtor, but I recently earned a few thousand dollars on a simple referral to realtor. I do the same with websites, cars, you name it. I don’t need an office or employees and I can work form anywhere in the world where I have access to a telephone and the internet.

I have been arranging JV deals since I was at high school. I was seldom at risk and my business has been thriving for 18 years because of this simple, yet highly effective mindset.

If you qualify, I can show you how to create a joint venture with me, using your existing resources, in one hour. It’s easy to do and it works well, with virtually no cost or risk. It’s a true Win/win deal.

BARTER is a form of Joint Venture.

Leverage and barter underutilized goods, resources, services, capacity, raw materials, storage space, a sales team, personnel, intangible assets like distribution capabilities, etc.

In the 1970’s, Chrysler had 10,000 small cars they couldn’t sell. They exchanged those cars for radio & TV credits all over the country, to be used over a five year period, and traded the cars at full retail. (Window sticker) Their money was tied up in the cars. They weren’t spending cash on the advertising. The radio stations were selling unsold, future time and getting the cars right away.

Chrysler took the advertising credits to the bank and got money on them to pay for the manufacture of more cars that were sold with the advertising, so the bank financed the whole program! The radio and TV credits appreciated in value over the five years! That’s leverage.

Restaurants a meal costs around . The restaurant can barter that for meal for worth of radio advertising or whatever, so they’re saving 70%! Plus there are incremental sales people buy drinks, tip waiters, new customers are generated that continue to spend money. The gift certificates are called SCRIP in the Barter business. The advertising they bought brings in more customers. A lot of the meal vouchers are never cashed in this is called BREAKAGE. Remember, the overhead is already covered electricity, server salaries, uniforms, telephone, etc., is already paid for, so the profit is high.

A commercial printing business has staff and machines on hand but not is fully utilized. His only cost is the paper and ink. The rent and payroll is already paid. So he can produce printing very cheaply and trade it for things he needs now, without using cash.

Soft dollars and hard dollars: Trade TV sets that cost 0 at ,000 retail, for hotel rooms that cost and retail at 0. Both win. Soft Dollars are Barter Dollars and Hard Dollars is cash. Conserve your cash by setting up barter deals.

HOTEL EXAMPLE trade room for 0, cost is only .

If the average person spends in other services that the hotel has, and your cost is only , you’ve made extra cash right away, plus many gift certificates never got utilized! AND you got 100% retail value in barter! And you can sell bartered goods and services for CASH.

A Beverley Hills hotel was bought out of Chapter 11 and immediately issued million worth of rooms, food and drink credits to be used over a five year period. Scrip brokers bought it up for .5 million in cash. They cash converted future rooms.

Cash converting means trading for goods or services and then immediately selling those goods / services for cash.

Advertisers of a Shopping Mall set up a deal to pay people back the money they spent in the mall. “Prove you spent 00 in the mall and we’ll give you ,000 in cash!” This creates what we call THE FLOW it’s ongoing, resulting business from barter. Store owners in the mall happily paid for advertising because they knew that, this way, it was much cheaper they only paid for the cost of goods sold (They reimbursed the retail price) so this was cheap advertising it forced people to buy in the mall.

Dentists and doctors, chiropractors and consultants, couriers, web masters, writers and such trade or barter services. I know a dentist who traded dental work for radio advertising.

Instead of using cash and time, spend more time thinking about value and JV’s!

You can exchange apartments for services and pay your employees and vendors with barter and apartments,

Barter SCRIP is like printing money. It can be transferred and assigned – it’s legal tender.

Scrip Expiration dates the further out, the better there are many permutations. BREAKAGE is the barter credits which aren’t used up to 40%!

SET up a barter deal and take a piece of the action/ savings in cash or in scrip that you can convert to cash.

Remember: The key to successful JV’s is the people who are involved. Integrity, Professionalism, Punctuality, Accountability and Passion and Generosity are essential ingredients. JV’s is the way business is being done by smart people. Join us and take advantage of this wonderful tool.

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Corporate Financing – Educational Training Program Options

The financial status of a business or organization is extremely important to their success. Students can step into corporate finance schools and degree programs to exclusively study how to work with businesses in this capacity. Educational training program options for corporate financing are available at several levels.

The financial activities of a corporation have to be monitored and managed in order to keep a concise record of all monetary funds. Training teaches students to properly work with finances to ensure stability and minimize any risks associated with spending and investing money. Educational programs are widely available at the bachelor’s, masters, and doctorate’s level of education. Programs at the bachelor’s degree level offer training specifically for corporate financing. Students that desire to pursue an advanced degree at the graduate level need to enroll in a finance program with a concentration in this field.

International marketing, accounting, financial reporting, and organizational psychology courses are some main topics studied in a bachelor’s degree program. Students will find that most programs award Bachelor of Science degrees that take approximately four-years. In this introductory program, common courses may include:

*Intro to Corporate Finance

Students study the roles of professionals, which include management and investment decisions. Students learn how businesses raise money for different investments and what risks are involved within that process. Subjects such as valuation, financial strategy, venture capital, and dividend return are all explored through a course like this.

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*International Corporate Finance

Financing is explored for businesses that have international work. Students study the procedures for global investment and finance. The management of finances inside today’s high global competitiveness is examined as students learn about multi-national budgeting, debt service, and interest rates. The finance practices of America are contrasted with Europe and Asia.

*Financial Strategy

The evaluation and prospects of a finance strategy are extremely important to ensure success. Students will work through topics that explore how major investments are made. The calculation of risk and the chance for monetary growth are main areas studied within this type of course. The ability to create and implement a financial strategy that is competitive is also learned.

Several career opportunities are open to students that complete a bachelor’s degree program. Students can step into positions as stockbrokers, fraud investigators, investment bankers, and financial reporters. Each of these career options train students to work directly with corporate financing.

Further education at the graduate level provides students with advanced skills and knowledge that helps them obtain executive careers. Many areas such as real estate, risk analysis, valuation, and record keeping are looked at to prepare students for the field. Different markets and global organizations are also discussed. These finance areas are typically explored through different concentrations. Major curriculum areas can include revenue optimization, financial engineering, and international monetary policy. Becoming a bureaucrat, auditor, or a professor are all career options for students that finish graduate training.

Corporate financing schools and colleges open up many opportunities for students. Educational training is available at many accredited schools so students should choose programs that prepare them for the industry. Accreditation is awarded by agencies like the Accrediting Council for Independent Colleges and Schools (ACICS) to programs that meet all of the criteria and supply a quality education.

 

DISCLAIMER: Above is a GENERIC OUTLINE and may or may not depict precise methods, courses and/or focuses related to ANY ONE specific school(s) that may or may not be advertised at PETAP.org.

Copyright 2010 – All rights reserved by PETAP.org.

Notice to Publishers: You may use this article on Ezine or on your Website; however, ALL links must remain intact and active. Failure to retain links is expressly prohibited and violators will be prosecuted extensively by law.

Online Small Business Startup Without Investing Cash

One place you can easily succeed with a small business startup is on the internet. Some people think that the internet is meant for the already established companies, but that is not the case. Today, average people are making it big with great business ideas. To top it all up they are doing so from the comfort of their home. The big question you may ask is, how and what do I need to launch a small business startup online?

Research is very crucial if you are to succeed doing business online. Whether you have cash or not, choosing a niche to venture into will determine your success. The internet is all about content; it would be advisable to go for a niche that is not so competitive. Once you have decided which field you will venture in, then you can start working on having a website and if you do not have cash then you can launch a blog.

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Many think making money online is about having a huge capital, but you can have a small business startup without investing a single dime. With a site like Blogger.com you can create a free blog and then post content that is helpful to your market niche. Learn for the experts how to optimize your blog so that search engines can rank you high. Once you have content you can then monetize your blog.

Monetizing your blog is easy and free; there are great sites like ClickBank and PayDotCom where you can pick affiliate products to sell on your blog. You can also include Google Adsense links and make money as people click on these advertisement links. Amazon is also a site where you can load products that are related to your content. All these are free to enroll and install thus making small business startup online very easy.

Though you will not require money to invest in such an online business, there will sure be a price to pay. You will need to invest time in learning free online marketing strategies. Hence working hard and possessing a strong determination to make money online is paramount.

Follow the links below to harness more insightful tips on online small business startup.

CleanTechTV™ is launching at the Cleantech Forum 2010. Watch this interview where leading AustralianGreen Business Reporter, Giles Parkinson, interviews Chuck McDermott of Rockport Capital who will be speaking at the Cleantech Forum www.cleantechforum.com About CleanTechTV™ CleanTechTV™ tells the world about Australias cleantech in a way that attracts investment, deals, partnering and licensing to drive the growth of the sector – Australias next wave of innovation. Australian Cleantech news reporters Brad Howarth and Giles Parkinson interview leaders about their companies and new deals, developments and products on a quarterly basis or when they have announcements. These interviews are distributed to decision makers via this site, and our content platform partners that include Venture Beat, CEBIT, Clean Energy Council, and more. They are also designed to be easily shared and posted on company blogs, websites and enews letters for powerful positioning and exposure. CTTV is a virtual TV service where all interviews are done online, so we can always talk to our cleantech leaders when ever or where ever they are making news. Do you want your cleantech news distributed around the globe? Contact us at CTTV to discuss your “Making News” Corporate Package. For more info and world-class web interviews, visit: www.cleantechnologytv.com
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The Virgin Name Is Everywhere

The name Virgin has gone beyond what had made it famous in the past with ventures in the music recording and airline business.  The Virgin Group, Ltd of British tycoon Sir Richard Branson now owns completely or partially more than 400 companies with a net worth of over ?5 Billion.

As a holding company, the Virgin Group makes no pretenses at having any business focus as the companies it holds are distinct and unrelated, encompassing the whole range of lifestyle products and services including travel and leisure, health management, information and media content, publication, healthcare, transportation and telecommunications.

It also has some radical business endeavors like a sperm bank in the Virgin Health Bank as well as Virgin Galactic which markets commercial space flight on spaceships designed by Scaled Composites. You also have Virgin Drinks that make colas and vodka, Virgin Flowers, an online florist, Virgin Comics, a comic book publisher and Virgin Energy, a UK power utility firm.

But the more famous ones like Virgin Atlantic have spawned other airlines like Virgin Blue, an Australian airline flying in the South Pacific islands as well as related travel and leisure services like hotels and cruises under Virgin Holidays and Virgin Limited Edition. It also operates the Virgin Radio with radio stations across many countries like the Europe 2 radio station in France.  It recently added Virgin racing as a new racing team in the 2010 Formula One season.

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A Virtual Operator

And in the mobile phone industry, its Virgin Mobile stands out as the first virtual mobile phone operator with a presence in 7 countries to date with expansion plans afoot.  Being virtual is just a new information age term to describe a subcontractor who buys wholesale and resells directly to consumers at a mark-up.  In the case of mobile telephony, unlike Vodafone, Orange or T-Mobile, Virgin Mobile buys bandwidth allocation from a major telco such as T-Mobile and rebrands it at competitive prices to its markets.

The idea simplifies the mobile telephony business so that the operator doesn’t need to worry about recovering capital costs in putting up the necessary 2G/3G networks.  Telcos are more than willing to sell bandwidth at discounted wholesale prices that allow virtual operators like Virgin to thrive.

A Short History

The business model prompted the Virgin Group and then GMS operator One2One to form a joint venture company called Virgin Mobile in 1999.  One2One eventually became T-Mobile with new owner Deutsche Telekom giving up its 50% share in the joint venture to Virgin Group which again created a joint venture with NLT-Telewest to become the first quadruple player in the media business under the Virgin Media company which now has interest in television broadcasting, standards fixed line telephony, mobile telephony and broadband internet.

The rest as they say is history, with Virgin Mobile landing in Australia using the Optus network as its bandwidth provider, the US with Sprint-Nextel, Canada with Bell, France with Orange, India with Tata Indicom and South Africa with Cell C. Pakistan is the next country it plans to operate.

Facebook raises 0 million from Goldman Sachs and Digital Sky

FACEBOOK HAS raised 0 million from Goldman Sachs and Russian investment firm Digital Sky Technologies, in a deal that values the world’s No.1 Internet social networking company at billion, according to a person familiar with the matter.

The firms also plan to raise at least billion in additional funding for Facebook, the person said speaking on condition of anonymity.

The funding, which gives Facebook a richer valuation than established Internet giants such as Yahoo Inc and eBay Inc, underscores the high hopes investors have riding on the new breed of private Web companies.

And it comes as the Securities and Exchange Commission has begun to look into the trading of shares in private companies such as Facebook and Zynga according to media reports.

Facebook, whose online service counts more than a half a billion users worldwide, has shown little interest in floating shares to the public, even as investors clamor to get a piece of the company that many believe could become the next Google.

By raising money from private investors, Facebook can reap many of the benefits that traditionally require undertaking an initial public offering without facing the added scrutiny of the public markets, said Jeremy Liew, managing director at venture capital firm Lightspeed Venture Partners, which is not a Facebook investor.

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“I don’t think it’s a replacement for a public offering, I just think it’s a mechanism for delaying it,” said Liew.

Among the key benefits of raising money privately is the ability for early employees to cash out some of their stock holdings.

Last week, online-coupon site Groupon disclosed in a regulatory filing it was raising 0 million, with plans to use the bulk of the funds to repurchase shares from existing shareholders.

And Facebook arranged for DST to purchase at least 0 million of common shares from its employees in the summer of 2009, following a separate investment in which DST bought 0 million of Facebook preferred shares at a billion valuation.

Wedbush Securities analyst Lou Kerner said regulation like the Sarbanes-Oxley Act had made it very expensive and onerous to be a public company. “As a result a lot fewer companies are going public,” he said.

However, as more private investors acquire stakes in Facebook, the company risks hitting the 500 shareholder threshold, at which point it would be required to start filing as a public company with the SEC.

Facebook board member Peter Thiel told Reuters in September that Facebook would not likely undertake an IPO until sometime after late 2012.

Facebook and Goldman Sachs declined to comment on the deal. Digital Sky Technologies could not be reached for comment.

In Facebook’s latest investment round, which was first reported by the New York Times, Goldman Sachs will invest 0 million in the company, while DST will invest million, according to the source.

Goldman is planning to create a special purpose vehicle to allow its high-net worth clients to invest in Facebook, the paper reported.

It has the right to sell a part of its stake, up to million, to Digital Sky Technologies, the paper said.

Facebook is among the new crop of Internet social networking companies, including Groupon, Zynga and Twitter, that have become increasingly popular among Web surfers.

In 2010, Facebook overtook Google to become the most visited website in the United States, according to online analytics firm Experian Hitwise.

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