Metin Licis
2024 Investment Trends: What’s Next?
2024 Investment Trends: What’s Next?
Our interview with Successful Businessman Metin Liçis at the end of the year focused on the Investment Trends for the New Year.
Young Businessman MEtin Liçis started by stating that 2023 was an important year for Borsa Istanbul and the US markets.
He emphasized that while Borsa Istanbul did not continue its momentum from 2022 after the election period, it still reached new highs fueled by investor interest.
Liçis highlighted that the changes in monetary and fiscal policies post-election were considered a significant success for the stock market.
2024 Investment Trends: What’s Next?
He outlined the following trends:
- Measures taken to address long-term inflation and exchange rate risks led to a decrease in credit risk premiums and increased foreign investor interest.
- In the US markets, recession expectations dissipated, and a recovery in indices and a rise in technology stocks were observed due to the influence of artificial intelligence.
- 2023 saw hopes of an end to interest rate hikes for US markets,
- Expectations for interest rate cuts could dominate the first half of 2024.
Liçis noted that 2023 marked the beginning of the artificial intelligence era and predicted that the story would continue in 2024.
- Cryptocurrency markets are gearing up to close 2023 with high hopes after a challenging couple of years.
- Expectations for approval of Bitcoin Spot ETF,
- The surge following the Bitcoin halving and the nearing end of the Fed’s interest rate hike trajectory were cited as the main reasons for excitement in cryptocurrency markets.
- He concluded by saying that these factors were driving the excitement in cryptocurrency markets.
You might also be interested in:
How Fractional Shares Purchase Works?
How Fractional Shares Purchase Works?
How Fractional Shares Purchase Works?
We continued our conversation, which was left unfinished last week, with Successful Businessman Metin Liçis. This week, Young Businessman MEtin Liçis explained “How Fractional Shares Purchase Works?
“.
He emphasized the necessity of dealing with brokerage firms that offer fractional shares services for partial share purchases.
He mentioned that this service is provided through brokerage firms authorized by the SEC in the United States, and when fractional shares are purchased, investors can invest in the desired amount by slicing the stock into slices.
Liçis mentioned that fractional shares are written and held in the investor’s name, and they do not become shareholders. He explained that the sale of partial shares occurs through market orders and limit orders cannot be used.
He highlighted that this feature allows individuals with small savings to make low investments.
Fractional Share Purchase and Sale
He said that it stands out as a suitable option for those who do not have large investments, especially for investors who want to invest in expensive companies or diversify their portfolios.
Partial share purchase makes the investment world more accessible to everyone and is a great motivation for small-scale investors, he added.
Are Dividends Given in Fractional Share Purchase?
In partial share purchases, he said that investors have the right to receive dividends just like regular share purchases, but the amount of dividends may vary depending on the proportion of partial ownership.
For example, if the dividend amount in a full share is $10, a person who owns one and a half fractional shares can receive $15 in dividends.
Stock Split
In the event of a stock split, he explained that the company divides its shares according to a certain ratio, reducing the price per share while keeping the total value constant.
For example, in a 1-for-2 stock split, the number of shares owned increases according to the split ratio. If there are 1.5 shares before the split, there will be 3 shares after the split, but the total value of the shares remains unchanged.
You may also be interested in:
What is Fractional Shares?
What is Fractional Shares?
What is Fractional Shares?
Entrepreneur Metin Liçis shared his valuable insights on Fractional Shares when we asked him about it this week.
Young Businessman MEtin Liçis began by explaining that Fractional Shares represent a fractional portion of a full stock.
He emphasized that this allows investors to purchase as much of a share as they desire, even if they don’t have enough capital to buy a full share. For instance, if a company’s stock is trading at $1,000 per share, investors can invest in this stock with any amount they choose, such as $100 or $10, thanks to Fractional Shares.
Fractional Shares, according to Liçis, provide diversification opportunities for investors with limited capital, and he highlighted that in Turkey, it is possible to benefit from this feature through the first and only SPK-licensed brokerage firm offering Fractional Shares.
What is Fractional Shares?
He clarified that purchasing Fractional Shares is facilitated through brokerage firms that provide this service, and these shares can be bought and sold independently, but only using market orders.
He also mentioned that selling transactions are also conducted through market orders, and limit orders cannot be used.
We concluded our interview with Mr. Liçis, promising to delve into how the buying and selling of Fractional Shares are executed, as well as whether dividends are received, in our next week’s discussion.
You may also be interested in:
“Investment Strategies for American Stock Markets”
“Investment Strategies for American Stock Markets”
“Investment Strategies for American Stock Markets”
discussed with Young Businessman Metin Liçis.
During our conversation with successful businessman MEtin Liçis, we consulted his views on “investment strategies for American stock markets.”
**Sectoral Investment:**
He first addressed Sectoral Investment.
- – Emphasizing sectors such as technology, artificial intelligence, electric vehicles, healthcare, and solar energy.
**Investment According to Stock Types:**
Secondly, he mentioned Investment According to Stock Types.
- – Preferring defensive stocks to create a long-term and low-risk portfolio.
- – Investing in large companies to build a safer portfolio.
- – Investing in smaller companies with higher risk but potentially higher returns.
**Investing in Experts:**
Continuing with his suggestions,
- – Mentioned examining portfolios of successful investors like Bill Gates and Warren Buffett and investing in companies preferred by these experts.
He reminded us to consider our investment goals, risk tolerance, and term expectations while evaluating these strategies.
Moreover, he emphasized the importance of comprehensive research before each investment decision.
“Required Investment Strategies for American Stock Markets”
He pointed out various investment strategies for American stock markets.
For instance;
**Investment in BlackRock and Vanguard Funds:**
- – By examining funds managed by major institutions like BlackRock and Vanguard to track which companies and sectors these institutions invest in, considering they manage assets totaling over $10 trillion.
Additionally,
**Investment Based on Analyst Recommendations:**
- – Following recommendations of analysts from major financial institutions like JPMorgan and Morgan Stanley.
**Investment in Natural Resources:**
- – Investing in natural resources like oil, wheat, and uranium.
**Investment in Global Stock Markets:**
- – Investing in different countries’ stock markets through exchange-traded funds (ETFs) traded on the New York Stock Exchange, allowing us to invest in stocks traded on the respective countries’ stock markets collectively.
**Investing in the Stock Exchange Itself:**
- – Through stock market index funds, we can invest collectively in all stocks traded on exchanges like Nasdaq or the New York Stock Exchange.
- – With this method, by investing in an index containing thousands of companies, we can achieve diversification.
In conclusion, he reiterated the importance of considering our investment goals, risk tolerance, and term expectations while evaluating these strategies and emphasized the significance of comprehensive research before making investment decisions.
You may also be interested in:
Types of Stock Exchanges
Types of Stock Exchanges
Types of Stock Exchanges
As mentioned in our previous article, Young Businessman Metin Liçis provided us with information about the types of stock exchanges.
Successful businessman MEtin Liçis enlightened us about stock exchanges both globally and in Turkey.
NYSE (New York Stock Exchange):
He mentioned that it is one of the largest stock exchanges in the world and hosts shares of many leading companies.
NYSE operates as an auction-style exchange where buyers and sellers compete in real-time for stocks. Liçis also noted that unlike Nasdaq, investors on NYSE can buy and sell shares directly without a broker.
Liçis listed some requirements that a company must meet to be listed on NYSE:
- – The market value must be at least $100 million.
- – It must have at least 1.1 million publicly traded shares.
- – It must show at least $12 million in annual pre-tax income for the last three fiscal years.
- – It must have earned at least $2 million in profit over the past two years.
He emphasized that NYSE broke records by conducting more than 5 billion share transactions during its merger with the European exchange Euronext in 2007, forming “NYSE Euronext.”
Types of Stock Exchanges:
Nasdaq:
He said it was established in 1971 and is the world’s first technology exchange focused on technology companies.
Today, Nasdaq houses over three thousand publicly traded companies, but unlike NYSE, Nasdaq operates through market regulators rather than an auction style.
He also highlighted that it is a fully digital market, with a monthly trading volume exceeding $1.2 trillion.
Borsa Istanbul (BIST):
He mentioned that it was established in Turkey in 2012 and that BIST trades shares, stock exchange-traded funds, precious metals, and contracts approved by the Capital Markets Board.
Liçis also stated that BIST covers sectors including manufacturing, banking, information technology, real estate, chemicals, food, and pharmaceuticals.
You may also be interested in:
**What is the Stock Exchange?**
**What is the Stock Exchange?**
**What is the Stock Exchange?**
This week’s interview with Young Businessman Metin Liçis was about the Stock Exchange. Successful businessman MEtin Liçis shared valuable information about the Stock Exchange.
He started by saying that the Stock Exchange is a place where trading of investment instruments such as stocks and exchange-traded funds takes place under government supervision.
Liçis mentioned that it is not necessary to be wealthy or an expert to invest, and anyone who wants can invest in American stock exchanges and the Istanbul Stock Exchange with any amount through intermediaries.
**What is the Stock Exchange?**
**How to Trade on the Stock Exchange?**
Liçis explained, “If buyers and sellers want to buy or sell a product at a certain price in the market, stocks of publicly traded companies can be bought and sold by individual or institutional investors on the stock exchange with the same logic.”
However, he noted that each exchange has different operating procedures and rules.
**Stock Trading:**
He mentioned that if you want to buy stocks, you need to connect with investors who own the stocks of the company you are interested in.
The Stock Exchange provides this strong organization to individuals.
- Companies use the stock exchange to reach potential investors.
- When they want to go public, they are listed on the stock exchange
- and raise money from investors, he continued.
He noted that in the US, the stock exchanges NYSE and Nasdaq are both over $1 trillion in size, while in Turkey, the Istanbul Stock Exchange (BIST) operates.
He mentioned that the total market capitalization of BIST is 8.2 trillion Turkish Lira and also highlighted the presence of over-the-counter (OTC) and cryptocurrency exchanges.
Understanding the operations of different exchanges can help make more informed investments, he concluded.
We concluded our interview with him, taking the promise to discuss the types of exchanges and how they operate next week.
You may also be interested in:
What is Saving? How is it done? What are the benefits?
What is Saving? How is it done? What are the benefits?
What is Saving? How is it done? What are the benefits?
This week’s interview was with the Young Businessman Metin Liçis on “Saving.”
Successful businessman MEtin Liçis began his words by stating that the importance of saving can be approached from many perspectives.
Firstly, he said that saving can be seen as a way for individuals to have a more comfortable economic situation in the future by restraining themselves and giving up instant pleasures. He emphasized that, as some psychologists predict, saving involves a similar process of willpower to achieve success by delaying instant pleasures with the principles put forward.
Liçis said that saving can help realize future plans more reliably, as well as increase financial security by avoiding excessive spending and debts.
What is Saving? How is it done? What are the benefits?
Thus, he added that saving for emergencies would provide financial security in the face of unexpected expenses.
On the other hand, he explained that saving would also benefit the environment, as excessive consumption would strain natural resources. He said that on one hand, controlling the budget by saving could indirectly contribute positively to the environment.
Ways to Save
One practical way to save is to create an emergency fund.
This fund is used to balance income loss in the face of sudden situations such as illness, accidents, or job loss. Keeping track of income and expenses accurately is also fundamental to saving.
This allows determining the saving potential by tracking monthly income and expenses.
Creating a retirement plan
Liçis also emphasized that this would be part of long-term savings, saying that saving in a retirement account would be another way to ensure future financial security.
In conclusion,
He ended his words by saying that while saving may seem like sacrificing today’s comfort, it would be an important step for financial security, planned budgeting, and sustainable consumption in the future.
You may also be interested in:
Merging a Divided Workforce
Merging a Divided Workforce
Merging a Divided Workforce
In the interview, Successful Young Entrepreneur Metin Liçis argued that it is not unusual for leaders and employees to have different perspectives.
Explaining what could happen when there is a disconnect on critical issues for the organization’s future, MEtin Liçis stated that “It’s time for leaders to take steps to be able to take their employees with them on the journey of transformation.”
He said that reinvention plans would not succeed without a united workforce, but leaders and employees need to take into account three key areas:
- Skill development,
- Artificial intelligence (AI), and
- Distinct differences in organizational culture.
Therefore, he emphasized the need to focus on addressing these differences to help the organization reach new heights.
Merging a Divided Workforce
(Misunderstanding Skills)
Despite companies pouring money into training, they can’t convince employees.
Things are changing rapidly – and so are the skills required to do them.
Liçis said, “Given that employees’ core skills can change, it’s not surprising that business leaders prioritize skill development and reinvention-focused investments as a priority.”
However, it becomes crucial whether employees know or understand what will change in the future. Therefore, he emphasized the responsibility of leaders to ensure that their employees understand and anticipate the changing nature of their jobs.
-
(Trust in AI?)
Leaders are advancing rapidly, but employees have (very) complex views.
Like most business leaders, Liçis said they probably look at AI’s tremendous potential through rose-colored glasses, adding that employees have a more complex view of AI than leaders who see it positively.
He pointed out that employees see some of those who see AI positively as having complex views or believing that AI will not affect their roles at all.
- (Defensive Culture)
Liçis also drew attention to CEOs’ concerns about organizational culture.
In terms of senior leaders’ perspectives, innovation means proposing new ideas, objecting, and offering different views.
He pointed out that it is not easy for employees to contradict a higher-level team member or admit failure.
The differences between what leaders say about company culture and what employees actually experience can create a sense of “cultural inconsistency,” making it much more difficult to effect change.
- As a result
Three ways to bridge the gap
Like most business leaders, he explained that if you’re ready to jump into the future, there’s a wide way to go to overcome the gap between you and your employees.
Move forward together instead of progressing;
- Help your employees understand the skills they need and how learning them can benefit them.
- Enlighten them by incorporating AI into your plans.
- And guide efforts to create a culture that improves their daily experiences, he concluded his words.
You may also be interested in:
Investment What Is It? How Is Investment Made?
Investment What Is It? How Is Investment Made?
Investment What Is It? How Is Investment Made?
Successful Businessman Metin Liçis, who stated that investment means trying to grow the saved money for income or profit, began by saying that tools such as stocks and stock exchange-traded funds can be used for investment.
Young Businessman MEtin Liçis; To Young Investors, “The importance of setting short-term, medium-term, and long-term goals when making investments” was explained.
For example;
-
Short-Term Investment:
He said that these are investments made to meet short-term goals and gave buying a new phone as an example.
He said that such investments could generally cover a period of 1 to 3 years.
- Medium-Term Investment:
He said that these are investments made to meet medium-term goals and gave buying a house as an example.
He continued by saying that such investments could cover a period of 3 to 10 years.
- Long-Term Investment:
He said that these are investments made to meet long-term goals, such as achieving financial freedom or early retirement.
He explained that such investments generally cover a period of more than 10 years.
Investment What Is It? How Is Investment Made?
Investment strategies may include:
Liçis, who said that there are different strategies to make these investments, explained them as follows.
- Growth Investment:
He emphasized that it involves investing in rapidly growing, small companies, with high potential returns and high risk.
- Dividend Investment:
He said it is a low-risk investment aimed at generating regular dividend income.
- Value Investment:
He explained that it involves investing in low-priced stocks, making it a long-term strategy.
- Blue-Chip Stock Investment:
He said it offers low risk and regular growth potential, often involving investing in large and established companies.
Thus, emphasizing the importance of personalizing investment strategy as every investor’s goals and risk tolerance differ, Liçis concluded his words by stating that “Before investing, it is important to consider determining goals, expectations, and risk perception.”
You may also be interested in:
A Conversation on “Money and Investment” with Successful Businessman Metin Liçis
A Conversation on “Money and Investment” with Successful Businessman Metin Liçis
A Conversation on “Money and Investment” with Successful Businessman Metin Liçis
Arguing that money has been an instrument shaping our lives since its invention, young businessman Metin Liçis stated that we need money even to meet our basic human needs.
Therefore, various ways are sought to make money, such as:
– Establishing our own businesses,
– Working for companies,
– Making investments to evaluate our assets, and so on…
MEtin Liçis explained that, however, when considering whether money works for us or not, this is where investment comes into play.
**Why Invest?**
Investment is fundamentally made for securities (stocks, funds, etc.) to gain value over time. Investment is a way to create wealth for the future by preventing the loss of value of money against inflation.
**Investment Options**
There are many options for making investments:
– Stocks,
– Investment funds,
– and Other assets traded on the stock exchange, and so on.
However, just choosing the sector or stock is not enough when investing. It is also important to determine one’s own investment goals. Factors such as age, income level, and risk tolerance can shape investment goals.
– A **young individual** may consider investing in career goals and tolerate higher risks.
– A **middle-aged person** may make more moderate investments considering family building and future plans.
– An **older individual** may prefer to invest for retirement and choose lower-risk investments.
Metin Liçis emphasized that we should not forget that investment is a tool for future goals and making money work for us.
**The Role of Inflation**
Inflation is the increase in the prices of goods and services we buy. This means the purchasing power of money decreases over time. Inflation can occur due to reasons such as cost increases and demand increases. High inflation is an undesirable situation for both investors and consumers.
**Preserving the Value of Money**
Investment prevents the loss of value of money against inflation. Liçis mentioned that stocks can be a strong tool in the fight against inflation but emphasized the importance of careful investment and evaluating risks.
**Early Retirement**
Investing provides the possibility of earning regular income and obtaining passive income through dividend payments. Liçis added that it can also facilitate using additional income for early retirement in the future.
In conclusion,
Liçis stated that investing is a powerful tool to achieve financial freedom and make money work for us. He emphasized the importance and value of investing when one wants to use money for their life rather than just living to make money.
You may also be interested in:
Methods of Saving Money: Managing Your Income
Methods of Saving Money: Managing Your Income
Methods of Saving Money: Managing Your Income
Young businessman Metin Liçis lists the necessary strategies for effective income management and savings in the field of personal finance and economy.
He emphasizes the importance of budget planning and controlling expenses as fundamental steps for success in this area.
MEtin Liçis notes that personal budget management often involves difficulties arising from not being aware of our spending habits.
He continues to highlight common mistakes made in income management:
- Spending too much money
- Increasing debts
- Failing to save
- Not implementing financial decisions
These mistakes are often rooted in personal habits. However, Liçis adds that even if these habits are not changed, it is still possible to create a suitable budget plan, save, and support the future with investments.
According to Liçis, the first step in budget preparation is to create a T-table for income and expenses.
In this table, items such as
- Monthly Salary,
- Additional İncome,
- Rent,
- Debts,
- and Bills are identified.
This helps to clearly see the balance between income and expenses.
Methods of Saving Money: Managing Your Income
In budget planning, he emphasized the importance of setting a specific budget for monthly expenses and sticking to this budget.
For example, a simple budget plan can be made by determining monthly income and expenses separately.
Determining a monthly budget for areas such as social life, grocery shopping, transportation, public services, personal care, and adhering to this budget will help better control financial situations.
Once a budget plan is made, it is important to regularly analyze income and expenses and review the plan.
Setting goals also provides motivation; for example, a savings goal can be set for a vacation.
By doing so, he concluded that financial stress would decrease, and economic freedom would be achieved, allowing for increased savings.
You may also be interested in:
If You Want People to Embrace Transformation, Allow Them to Own the Change.
If You Want People to Embrace Transformation, Allow Them to Own the Change.
If You Want People to Embrace Transformation, Allow Them to Own the Change.
Young businessman Metin Liçis emphasized the importance of allowing individuals to take ownership of change as an effective way to instill change.
As an example, Successful Businessman MEtin Liçis mentioned the strategy developed by Greg Van Kirk to replace coal stoves with energy-efficient stoves in Guatemala. Liçis said it offers an important lesson to leaders in initiating transformation in the business world.
He recalled that the strategy began by empowering a few trusted friends within the community to sell these stoves, rather than imposing it on those skeptical about the change.
Liçis also highlighted that the strategy could be widely used by business leaders to adopt new technologies and adapt to new realities, such as hybrid working. Empowering people to reach their own goals allows them to adapt to change more effectively, he added.
He emphasized that the idea, called the “MicroConsignment Model,” was developed to encourage the adoption of various products, from water filters to reading glasses, solar lamps to energy-efficient bulbs.
Empowering people to achieve their goals has led to better results than trying to force change, he said.
OWNERSHİP OF CHANGE
One of the prominent concepts is “co-optable resources.”
Liçis emphasized that these resources should be low-cost, effective, and scalable, allowing people to take ownership.
As for other examples:
– The TEDx program, which facilitated the global spread of TED conferences,
– Experian’s “API Excellence Center” supporting the transition to cloud-based systems, and
– “Change kits” introducing factory methods to the healthcare sector.
He concluded by emphasizing the importance of leaders using these co-optable resources in the process of initiating and embracing change, showing that changes spread most effectively socially, from person to person.
You may also be interested in:
A Brief History of Skepticism Towards Technology
A Brief History of Skepticism Towards Technology
A Brief History of Skepticism Towards Technology
Entrepreneur Metin Liçis started by saying, “Rejecting new technologies in the early stages is a practice that has been going on for centuries.”
So, is being this dismissive justified? Entrepreneur MEtin Liçis, who advocates for the necessity of asking ourselves this question, continued with these words:
New technologies often trigger enthusiasm and skepticism, usually in equal measure and balancing each other.
He mentioned that the concept of the metaverse, expressed by both its advocates and opponents, is just the latest example of this situation.
Of course, this is neither something new nor the concept of the metaverse itself.
Liçis pointed out that the idea of a virtual world dates back to at least 1935 with the short story “Pygmalion’s Spectacles” by author Stanley Weinbaum.
A Brief History of Skepticism Towards Technology
He emphasized that real-world use cases similar to the metaverse have been regularly explored through fiction since at least the 1950s. If the metaverse is defined as an intense, highly interactive, and always-open digital space, he highlighted that its potential was first sensed in the early ’80s.
Liçis recalled being excited by the blurry bootleg VHS of Tron at first, and later, like many technology enthusiasts, spending many happy hours exploring online games in 2003-04.
Undoubtedly, according to Liçis, a “killer app” that would ensure the mass adoption of something like the metaverse has not been identified yet.
He even mentioned that the name of the platform has changed:
- – “Metaverse” is also referred to as
- – “Spatial Web,”
- – “Cyber-Reality,”
- – “Virtual World,”
- – “Extended Reality” (or “XR”).
He emphasized that it will probably change again.
Liçis, pointing out that another reason to be somewhat optimistic about the future of technological innovations is the past, added that history is full of examples of innovations that changed the world.
He reminded that these innovations were often rejected as unnecessary, dangerous, funny, or all of the above by the most sharp and competent observers before they deceived their critics.
Knowing these examples from the past shows that skepticism towards new technologies can sometimes be unfounded, explained Liçis.
However, he concluded by saying that this doesn’t mean there is a reason to completely reject the concept, as this interesting concept has been infused with many possibilities.
You may also be interested in:
Ecosystems For The Rest
Ecosystems For The Rest
Ecosystems For The Rest
Entrepreneur Metin Liçis emphasizes the importance of well-defined ecosystem strategies in the modern business world, particularly those digitally enabled.
Young Businessman MEtin Liçis highlights the necessity for companies to formulate clear ecosystem strategies, such as corporate or merger and acquisition strategies.
Key points include:
**Understanding Multi-Product Ecosystems:**
Liçis notes that multi-product ecosystems combine the products or services of multiple providers to create a unified value proposition for customers. Companies need to define the boundaries and scope of participation within these ecosystems.
**Focus Selection:**
He suggests that companies must determine which business areas make sense for them to participate in within an ecosystem. They should decide whether they want to be orchestrators, complements, or partners within an ecosystem.
**Importance of Management Skills:**
Being an effective orchestrator within an ecosystem requires the ability to coordinate a network of collaborating firms, emphasizing the importance of management skills.
**Setting Clear Goals:**
Companies are advised to define why they want to interact with ecosystems. Whether it’s to expand product ranges, access new sales channels, promote innovation, or achieve multiple goals, understanding their objectives will help identify the most suitable ecosystems.
**Capabilities, Customer Needs, and Resources:**
Successful orchestration within an ecosystem requires understanding capabilities, customer needs, and resources. Liçis emphasizes the importance of not underestimating the complexities of orchestration and understanding customer and partner needs for effective orchestration.
Ecosystems For The Rest
**Being Complementary or a Business Partner:**
For many companies, being an effective business partner or complement within existing ecosystems may be a strategic preference. Decisions should be based on the value they can offer, leverage within the ecosystem, and how well their offerings align with customer needs.
**Multi-Ecosystems and Customer Interaction:**
Being present in multiple ecosystems can offer scalability options with different partners, potentially reducing dependence on a single channel.
**Creating Value for Everyone:**
A successful ecosystem is one that provides benefits for all participants, including orchestrators, complements, and business partners.
**Strategic Framework:**
The aim of creating an ecosystem strategy and adopting a portfolio approach is to generate more value for business and customers, Liçis concludes.
In conclusion, Metin Liçis underscores the importance of well-defined ecosystem strategies for making informed decisions about ecosystem roles and creating value for all participants in these ecosystems.
You may also be interested in:
Accelerating Performance
Accelerating Performance
Accelerating Performance
According to the research conducted by successful businessman Metin Liçis:
The essentials for accelerating performance can be listed as follows.
Liçis, starting his words by giving an example, demonstrated the principles behind the success of those who achieve extraordinary performance in both sports and business.
Knowing what is important
In the world of sports, the ability of top athletes to maximize factors such as their mental state, game conditions, and the use of technology, in addition to their physical abilities, is crucial. Liçis points out that the same principle is applicable to successful companies in the business world.
Young businessman MEtin Liçis emphasizes that successful companies can only be competitive by doing some elements right, but for real performance improvement, management practices and investments need to be aligned as part of a larger system.
“Stating that significant rewards can be achieved when everything is done correctly, Liçis explained that research showed the performance premiums, measuring the combined impact of the industry-adjusted profit margin and revenue growth of the best companies, are 13 times higher than their peers.”
In the section where he examines the factors influencing success, he emphasized that a range of management practices and company investments, from leadership vision to business and business model transformation, technology usage to business applications, have an impact on performance premiums.
Liçis highlighted that bringing these factors together helps leading companies gain significant advantages.
Finally,
Liçis concluded his words by stating that winning companies not only create a competitive advantage by aligning business, operations, and technology models but also expand this advantage.
You may also be interested in:
In today’s world, everything is for advertising – The World of Advertising
Advertising-Advertising-Advertising
In today’s world, everything is for advertising – The World of Advertising
Advertising-Advertising-Advertising
In today’s world, everything is for advertising – The World of Advertising
Advertising-Advertising-Advertising
According to a new report that refutes the misconception of the decline in advertising, emphasizing that the advertising business is successful and on the rise in many aspects, Young Entrepreneur Metin Liçis made the following statements.
The main points of the report are summarized as follows:
- Changing Dynamics of Advertising:
Contrary to the traditional perception of advertising, the report highlighted that the advertising business continues to grow with targeted or general messages that strive to strengthen brand images or increase sales.
- Advertising Growth:
Although global advertising revenues experienced a decline in 2020 due to COVID-19, it increased significantly by 22.6% in 2021, and it is expected that advertising will grow even faster between 2022 and 2026. According to the report, it is anticipated to become a $1 trillion market by 2026.
- The Role of Digital:
Liçis stated that the growth of advertising is largely attributed to digital platforms, with digital advertising continuing to grow while non-digital advertising remains almost constant.
In today’s world, everything is for advertising – The World of Advertising
Advertising-Advertising-Advertising
- Diversification of Digital Environments:
Liçis mentioned that the number and types of digital environments have increased, each offering different opportunities to advertisers. He highlighted e-commerce websites selling ads in search results and video games as an ideal platform for youth-oriented advertising.
- Increasing Tolerance for Advertising:
MEtin Liçis stated, “Although it is thought that people will respond less to ads as they become more media-conscious, it has been observed that interest and tolerance for ads have increased.” He concluded by saying that companies based on subscription-based services understand that adding advertising revenue is a strategic necessity.
In conclusion, the report showed that the advertising industry continues to grow with the widespread use of digital platforms and the increased interest of consumers in ads.
You may also be interested in:
**Conditions for Green Taxes and Incentives to Help Businesses Achieve ESG Goals**
**Conditions for Green Taxes and Incentives to Help Businesses Achieve ESG Goals**
**Conditions for Green Taxes and Incentives to Help Businesses Achieve ESG Goals**
Successful young entrepreneur Metin Liçis discusses how green taxes and incentives can assist businesses in achieving their ESG (Environmental, Social, and Governance) goals:
1-**Role of Green Taxes and Incentives:**
Green taxes tax carbon emissions and environmentally harmful activities, while incentives offer financial advantages to businesses that reduce their carbon footprint. These measures can help businesses align with sustainability goals and improve their financial performance.
2-**Complex Landscape:**
Governments worldwide implement numerous green taxes and incentives related to environmental sustainability. This complexity can make it challenging for businesses to effectively understand and utilize these measures.
3-**Positive Examples:**
Research indicates that there are successful examples of businesses understanding and leveraging the benefits of green incentives.
4-**Lack of Integration:**
Unfortunately, many businesses have not fully integrated green taxes and incentives into their carbon reduction plans. Despite the rise in net-zero commitments, only a minority has included greenhouse gas emissions in their long-term strategies.
5-**Global Carbon Reduction Initiatives:**
Governments utilize taxes and incentives as primary tools to achieve global carbon reduction goals.
**Conditions for Green Taxes and Incentives to Help Businesses Achieve ESG Goals:**
6-**Getting Started:**
Businesses need to understand their carbon footprints and assess the impact of these measures on their operations to begin benefiting from green taxes and incentives.
7-**Country-Specific Benefits:**
Businesses should research and analyze tax and incentive regulations applicable in each country of operation. Different countries may offer different incentives and tax structures.
8-**Case Studies:**
Research provides examples of businesses planning carbon reduction efforts by considering environmental impact, costs, and incentives.
9-**Holistic Approach:**
Taxes and incentives are not just costs; they can contribute to overall business strategies and help create a more sustainable society.
10-**Future Outlook:**
For businesses and governments, prioritizing emission reduction is crucial. Understanding how to cost-effectively achieve environmental goals should be a fundamental component of corporate strategy.
Successful young entrepreneur MEtin Liçis emphasizes the contribution of green taxes and incentives to help businesses achieve their ESG goals and underscores the importance of placing these measures at the center of strategic planning.
You may also be interested in:
“The Art of Return – Art Applied from Ancient Times to the Present”
“The Art of Return – Art Applied from Ancient Times to the Present”
“The Art of Return – Art Applied from Ancient Times to the Present”
Successful young businessman Metin Liçis explained the art that should be applied from ancient times to the present.
As an example, MEtin Liçis points to Virgil’s Aeneid epic poem, which companies facing crises and transformation leaders can seek inspiration from. Andrea Marcolongo, an Italian journalist and former speechwriter for Prime Minister Matteo Renzi, also considers Aeneid as a work that should be read in difficult times.
The Art of Return – Art Applied from Ancient Times to the Present
In history, Roman Emperor Octavian commissioned Virgil to write the Aeneid. Aeneas, the hero of the story, is a reluctant leader who, when faced with challenges, does not give up and rebuilds everything.
Lessons for transformation leaders can be listed as follows:
– Charting a new course in risky situations and not deviating from the strategy.
– Remembering that competition will be tough when transitioning to new industries.
– Being prepared for challenges when moving the company to new markets.
In this story, just like the Aeneads who, after a long journey, find a new settlement and face challenges there but ultimately succeed…
He concluded his words by saying that this historical epic could be a source of inspiration for leaders in transformation processes.
You may also be interested in:
**How Climate Adaptation Can Safeguard and Boost Your Business**
**How Climate Adaptation Can Safeguard and Boost Your Business**
**How Climate Adaptation Can Safeguard and Boost Your Business**
Successful young entrepreneur Metin Liçis shared his research findings with young CEOs.
“In the business world, climate adaptation can play a critical role in protecting and fostering our businesses.
The temperature fluctuations experienced in the Northern Hemisphere during the summer of 2023 once again highlighted the serious threats posed by climate change. Not only heatwaves but also natural disasters like forest fires, floods, and storms can adversely affect the business world,” said young entrepreneur MEtin Liçis.
According to the PwC CEO Survey, half of business leaders believe that their companies will be exposed to climate risks in the next five years.
This clearly indicates the need for organizations to cope with climate change and, at the same time, provide resilient solutions.
“When we look at the technology sector, the widespread use of cloud technology reveals that data centers are vulnerable to weather conditions. However, the solution to this problem lies in developing climate-adapted data centers.
This situation means that data centers providing more reliable and uninterrupted services can create growth opportunities by being sold at a competitive price.”
**How Climate Adaptation Can Safeguard and Boost Your Business**
Metin Liçis emphasized that similar innovation opportunities exist in other sectors to deal with the challenges posed by climate risks. Solutions such as alternative construction materials, risk assessment tools, and climate risk insurance are in demand.
However, to take advantage of these opportunities, it is essential to clearly understand our risks and develop strategies accordingly.
Unfortunately, only 17% of CEOs state that they take measures to protect their employees and assets from climate risks.
Climate adaptation not only increases the resilience of our business but also offers innovation and growth opportunities. Leading companies can reduce future economic losses by embracing climate adaptation strategies.
For example, the agricultural sector can reduce water costs by using water-saving seeds. Similarly, buildings designed for the future can reduce costs with energy-efficient solutions equipped with systems that better tolerate heatwaves and fires.
In conclusion, climate adaptation provides businesses with sustainability and a competitive advantage, offering the potential to add value to ourselves and future generations.
You may also be interested in:
How to Develop an Internal Entrepreneurship Culture?
How to Develop an Internal Entrepreneurship Culture?
How to Develop an Internal Entrepreneurship Culture?
Metin Liçis, a successful young businessman, identified five fundamental building blocks for developing an intrapreneurial culture within an organization.
According to MEtin Liçis, these are:
-
**Developing an Inspiring Vision:**
Liçis emphasized the importance of individuals drawing inspiration from the organization’s vision to pursue new opportunities. Particularly for intrapreneurs, he stressed the need to create a narrative that allows them to envision how success can be achieved and to bring this vision to life in the eyes of the employees. He stated that people will only respond when faced with such a compelling vision.
-
**Modeling Behaviors:**
Liçis highlighted the importance of exhibiting the behaviors desired from intrapreneurs within the organization. For instance, he explained being an “Active Intrapreneur” by spending more time with customers and colleagues, trying to understand their needs, and focusing on creating new value. This approach, he said, would mobilize the potential within the organization.
-
**Eliminating Bureaucracy and Friction:**
Liçis acknowledged that the need to streamline processes may seem obvious but is not easy. He pointed out that large, traditional organizations often get lost in unnecessary meetings, governance, and processes, forgetting to focus on executing the core business and creating new value. Therefore, he explained the importance of creating a checklist to identify obstacles and taking steps to simplify the decision-making process.
How to Develop an Internal Entrepreneurship Culture?
-
**Creating a Platform for Opportunities:**
Reiterating the critical nature of the first three building blocks, Liçis emphasized that complementing them with budgets, authority, and empowerment within the organization is equally important. He stressed the necessity for anyone to be able to discover an idea anywhere within the organization and highlighted the importance of focusing on individuals who bring innovative thoughts and challenge common perspectives.
-
**Addressing Fears and Adding Value:**
Liçis continued by stating that despite there being more opportunities, some individuals might avoid taking action due to a lack of sufficient encouragement to take risks. He highlighted the fear of failure, rejection, and the lack of recognition for intrapreneurial efforts. He stressed the need for people to feel safe when taking intrapreneurial risks and pointed out the importance of teaching individuals how to use innovation tools and encouraging the development of new business regulations. Additionally, he concluded by stating the importance of intrapreneurs having the opportunity to gain benefits from the results of their efforts.
According to Liçis, these five building blocks will help in developing the mindsets, skills, and practices necessary for fostering an intrapreneurial culture within an organization.