Notes from the Helen Qubain Talk

Helen Qubain

- entrepreneur
- Bryn Mawr alum, class of 1990 - Political Science Major
- MBA from University of Chicago while working with McKinsey
- thinking "outside the box" -> find a job that has mentors who will teach you
- hard to find mentorship on Wall Street
- find a person who has time, not necessarily just the job
- Business School:
* at least 5 years working experience
* more experience, the better
* if you don't get into one of the top 5 business schools, go to one of the lower tier schools - no point paying that much for the same education
* teaches analytical, but not start-up, on your own
- when choosing a job - let yourself experience everything
- switched jobs every year for 4 yeras to decide what she wanted to do
- what you want to do is usually found by accident
- experience yourself to different trends/patterns from other companies and combine them -> essence of entrepreneur
- you do get offered jobs as an entrepreneur
- create structure where you can wait for the perfect opportunity
- worked for the Queen of Jordan to Jerusalem
- contacted alum in area of interest to just find out more information
- over span of 4-5 months comtacted over 200 individuals/organizations
- Rockefeller Foundation, World Bank - all employed by then and though different, learned from all
- created mechanism to do what she wanted to do
- turned down dozens of good job offers, but it wasn't perfect
- stayed in contact with person she interned with, 6 or 7 years after
- have faith in your ability
- entrepreneurs = story telling
- it is all about convincing, convincing, and proving
- paint a picture they want to see - twist it around to your advantage
- How do you perceive it? - if you believe its not an issue, it's not an issue
- Love the game, being an entrepreneur is about liking to fail
- Don't worry about failing - get to the point where you can talk about your failures at parties
- took 2 years off in Europe just to relax
- do not present your failures as such, but as strengths
- income will influx up and down - learn to save and when to spend
- starting a new business is overwhelming - but start off with the introduction when you have a blank sheet of paper.

Future Events!

This Friday, December 1, 2006
2nd Personal Finance Planning Class

2:30 - 4:30 Campus Center
Speaker: Jeff Metz
Professional Personal Finance Planner
He will be discussing more about the basics of personal financial planning!

Monday, December 11, 2006
OIG End of the Semester Party! At our general meeting. More details coming soon.

November 27, 2006 General Meeting

9:10 PM: general announcements

9:15 PM: split up into groups and discuss what stocks to buy and why

* Key things to remember when looking to invest in a stock
EPS: Earnings Per Share = Net profit/Number of shares
This tells how well the company is doing.

P/E ratio: The Price to Earnings ratio = Market price/EPS
This tells you the proce you are willing to pay for every dollar you may earn in the future.

PEG: prjected earnings growth rate to the P/E = (P/E)/(projected growth in earnings)
Like P/E, a lower PEG could indicate less pay for future predicted earnings growth.

P/S: price to sales = Stock Price/Sales Price Per Share
The P/S number reflects the value placed on sales by the market.

Trend of Growth
Look at the stock's historical performance against its main competitors and the entire industry.

*The main thing we will look at the decide which stocks to buy is the NEWS!*