“Companies should exercise financial due diligence before entering into deals to minimize financial risks and ensure informed decision-making. This process helps identify potential issues, verify financial claims, and assess the overall financial health of the target company, safeguarding the investing company's resources and reputation.”
“When the due diligence process fails to account for a holistic set of data, then the leaders are incapable of having a holistic sense of how successful the deal may be, and what chance of success the new entity may have.”
Source: GAME CHANGR6: An Executives Guide to Dominating Change, by applying the R6 Resilience Change Management Framework
“Mossfon subscribed to a Google-like paid search service called World-Check to help identify PEPs ["politically exposed person"] and criminals. It also, not for the first time, sent a letter to its professional clients requesting that they conduct a customer review. There was little follow-up. It was a question of incentives. When scandals sporadically came to light, they always seemed to resolve themselves without undue harm to the firm. Meanwhile, business was booming. In 2005, the firm tripled the number of shell companies it created on behalf of banks. By the end of the year, Mossfon had more than seventy thousand active companies. To do the necessary due diligence on all of them would have been prohibitively expensive, and sometimes impossible. In a business predicated on secrecy, no one wanted to produce the information.”
Source: Secrecy World: Inside the Panama Papers Investigation of Illicit Money Networks and the Global Elite
“Time and priorities go hand in hand. We are only given so much time on this earth, and where we spend it and with whom we spend it matters.”
Source: Reviving Fatherhood: Guiding Every Dad from First Steps to Lasting Legacy
“And he said...
...leave a stone unturned and you will find a nest of deceit underneath.”
“When seeking startup funding, having a well thought out investor data room with financial forecasts, cap tables, and legal essentials streamlines due diligence and signals operational maturity.
It's like curating a gallery where each exhibit tells a compelling story, drawing investors in to see your startup masterpiece.”
Source: The 6 Startup Stages: How Non-technical Founders Create Scalable, Profitable Companies
“The world needs a prayerful woman who does not depend upon her gorgeousness. But in the righteousness of God and her God given wisdom, in order to solve Global problems.”
Source: Woman of Virtue: Power-Filled Quotes for a Powerful Woman
“Mlaodikia ni mtu anayejua kwamba bustani yake ina magugu lakini anaona uvivu kwenda kuipalilia. Kinachofanya aone uvivu kwenda kuipalilia ni raha za dunia hii. Usiwe vuguvugu. Kama umeamua kuwa moto kuwa moto. Kama umeamua kuwa baridi kuwa baridi.”
“The seed of Sufism was sown in the time of Adam,
germed in the time of Noah,
budded in the time of Abraham,
began to develop in the time of Moses,
reached maturity in the time of Jesus,
produced pure wine in the time of Mohammad.”
Source: The Sufis
“Re-position yourself.To change your situation change your position”
Source: Repositioning Yourself for Greater Success: Creating Prosperity out of Adversity