Gratis offices in Zurich at one of the most prestige business addressed in the world.

Gratis offices in Zurich at one of the most prestige business addressed in the world.

The Swiss Bank, ZKB sponsors the project to the people. The free office space are just off the Bahnhofstrasse and around the Paradeplatz:

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An office space in a prominent position? Perhaps, at the Zurich Bahnhofstrasse? And yet free? What many appear as a dream, is a reality. Even though with some limitations. For instance: The workspaces can only be booked for a relatively short times.

Specifically, it is about a 20 workstations, of which six are in a separate workshop room at Bahnhofstrasse 9. This is also the headquarters of the Zürcher Kantonalbank, which has just been remodeled and will open next Monday. The Swiss Bank is the initiator and sponsor of the “Büro Züri / Office Züri” and provides the workstations on the ground floor at the corner Bahnhofstrasse / Börsenstrasse. Workstation means table, lamp, “first-class” office chair (self-promotion), connections for electricity, WiFi and a caddy as storage space for personal items. The workshop room is equipped for video conferencing and presentations. However, the laptop must be brought along.

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The Third Place Principle

“The concept is based on the third-place principle,” says ZKB spokeswoman. It is about the mobility of the workplace. First Place is the Companies Office, Second Place, the home office at home and the third place is outside and to promote meetings, exchanges, and inspiration.

Third-place workspaces are already widely used in the USA; Switzerland is still in its infancy. Private offer courses, especially for business travelers. The SBB, the Swiss Train Company, have set up at stations in Berne and Geneva called Business Points, shopping centers are discussing introducing such office spaces. Everywhere you pay rent. Not at the Swiss Bank. Here, even the coffee and mineral water included. “It is a gift of Swiss Bank to the population,” says spokeswoman.

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The Hour Office

This gift has been well accepted by several thousand people who made online reservations. In other words: At times, some weeks are almost fully booked. Among the interested parties are start-ups, small teams from all possible areas and individuals, says project manager.

Can you set up comfortably at ZKB headquarters now? Probably not. “Thought the offer is for a short time use.” At most one can reserve a working day (9 to 19 pm). Also, reservations are not possible for Mondays. There is no requirement to be a client of ZKB, and reservations are possible up to two months in advance.

Those who had no luck with a reservation do not have to completely despair. There are limited spaces for impromptu workspace bookings.

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Work and Travel in Neuseeland

Klick   auf das tolle Foto und gib bitte Deinen Namen und Email Adresse ein, für den sofortigen Zugriff auf Dein Video über Work and Travel in Neuseeland.
Work and Travel in Neusealand Daniel s Erfahrungsbericht(No span, ever. Emails are never shared)

Hast Du Lust über meine Erfahrungen in Neuseeland zu hören?

Wann und wo: In Zürich zwischen dem 23 Juni bis … 7 Juli.

Derzeit bereite ich die ca. 90-minütige Präsentation vor. Ich habe geplant, spannende Anekdoten und Hintergrund Information von meiner über 20-Jährigen Erfahrung in Neuseeland zu berichten und natürlich begleiten ganz viele, tolle Fotos die Präsentation bevor wir Zeit für zur Deine Fragen haben.

Also: ich freu mich sehr, wenn Du per Klick auf dem Foto Dein Interesse zeigst.  So kann ich Dich später über Ort und Datum informieren.

Ich email Dir auch einen kurzen Fragebogen um sicher zu sein, dass ich Deine Fragen in der Präsentation beantworte.

Tschüss und bis bald,

Daniel

cropped-img_9423-1.jpgAbout Daniel Feller

Daniel Feller immigrated to New Zealand from Switzerland over two decades ago. Initially, he visited New Zealand to learn English and bridge the European winter to cycle. He wanted to learn English rather than American, South Africa was too dangerous, and Australia was where the British Empire sent their prisoners a long time ago. Kiwi English and the mild summer climate was a perfect match.

In 80 days, Phileas Fogg attempts to go around the world in Jules Verne’s adventure story. Daniel thinks that New Zealand can offer such an experience just in New Zealand. There is no other place in the world, where it is possible to ski on snow on an active volcano in the morning and surf in the dark blue ocean on the black sand west coast beaches in the afternoon (this is now possible in Auckland – 10-minute drive by car from snow to the beach).

Determined to study at university but discriminated against by the Swiss school system at the time, Daniel immigrated to New Zealand. He attended The University of Auckland and later Massey University. From which Daniel has gained two bachelors and a master’s degree.

Daniel is passionate about teaching, research, and entrepreneurship. Hence, he is a lecturer in accounting and finance at leading universities and founded several successful businesses in New Zealand.

As a former representative at Cycling World Championships for Switzerland, two-time Ironman finisher, and New York marathon runner Daniel enjoys keeping fit.

That’s important indeed. New Zealand offers a broad range of awesome food and great red and white wines.

 

Slash Your Taxes Now!

Are you paying more in taxes than you have to?

taxesThe easiest dollar to make is the one you save – and the easiest dollar to save are the ones you pay to the government in taxes!

Your accountant doesn’t have the time to ask you about every deduction you are entitled to. And the IRD is certainly not going to tell you about a deduction you failed to take.

Every time you find a new, legitimate tax deduction it’s like getting a pay rise.

“Slash your taxes now” is a now outdated bestselling book from 2004. Is it time for an update?

What do you think? #SYTN

Final Chance to Learn How I Manage My Work

December 23, 2015

Deep Work: Rules for Focused Success in a Distracted WorldA Brief Reminder

A few weeks ago, I announced that on January 3rd, I’ll be hosting a webinar in which I’ll walk through all the details of how I integrate deep work into my professional life, and then answer your questions on the topic.

To gain access to the webinar, you need to pre-order my new book DEEP WORK  and then enter your information at this online form.

If you’re one of the 1300 people who have already signed up for this webinar, I want to thank you for supporting my new book and let you know that I look forward to speaking with you on the 3rd.

The purpose of this post, however, is to note that if you’re thinking about pre-ordering the book and signing up for the webinar, then
you only have until Christmas Day
to do so  — as on the 26th I’m going to begin the process of exporting all the names of people who signed up from the form and into my webinar system, after which, it will be too late.

 

How did you start investing?

I met a number of key people when I immigrated to New Zealand from Switzerland in 1995. The first, my mortgage broker, managed to secure a mortgage for my first property with a small deposit while I was a student at Auckland University. When I sold the property three years later I made more money than I would have made in a job. I was ecstatic and my mortgage broker made a comment along the line that perhaps I should do this again. I then went on to find mentors like Dolf de Roos, Robert Kiyosaki and Keith Cunningham to guide me to become a professional investor. In 1999 I was ready to quit my job. Since then I set up several business such as Financial Pictures, a mortgage business, a property management, a business advisory and investment businesses.

https://goo.gl/DxfCZx

Property lottery: From $285,000 to $7 million

Cherie Howie shouted in today’s NZHerald that the sale of a Whenuapai (West Auckland) land sale was better than Lotto. Let’s analyse this claim and see whether we agree or not.

From the article we understand that an investment of $285,000 in 1995 increased in value to $7,000,000 in this month’s sale. Furthermore, the vendor said that the investment increased about 2500 per cent, about 30 per cent a year.

We don’t know if any improvements were made during the 20 years so we got to ignore it. Also an agent said that the property probably would not have achieved a sale of $2,000,000 only 3 years ago.

A key driver for the capital gain appears to be the development of the Westgate town centre and the extension of the North-western motorway.

In a financial analysis it is a key element to compare, so to say, apple with apple. We can do this by using a Return on Investment (ROI) calculation given the above variables and assumptions. To compare a property investment with financial investments is it sensible to assume monthly or annual payments of dividends or interest payments.

Hence, the ROI for this property is calculated as:

Number of payments = 20 for annual or 240 for monthly

Annual Interest (return) = to be computed

Present value (20 years ago) = -$285,000 It is negative as we had a cash outflow

Payment = set to zero as property does not receive such payments. For financial investments the price is a reflection of these payments over the time period.

Future Value = $7,000,000 as this is the price received in the future from the purchase in 1995.

Using a financial calculator or Excel we find ROI of 17.36% for annual or 16.11% for monthly

Do these Returns On Investment still look like a Lotto ticket? Let’s compare it to an investment in financial instruments like shares in a public traded company or fund index (a bundle of shares).

Here is a list of Vanguard index funds from one of the largest fund providers in the world. The fund is in a USA fund and data was available from 2000 to 2014. The first percentage in green is a comparison to the Standard & Poor’s 500 index. The second percentage is the ROI of the index fund. (source http://www.marketwatch.com/story/the-sp-500-index-is-not-your-buddy-2015-01-14)

Here are the 15-year returns for the other six funds:

 

At this stage, the property outperformed all of the Vanguard index funds and the S&P 500. How about an individual stock? What if we invested like Warren Buffett? Here a number of his best investment picks.

  • Berkshire Hathaway (Buffett’s investment company) returned 22% annualized since it’s intercept 50 years ago.
  • Wells Fargo 21% annualized over the last 24 years
  • Freddie Mac 24% annualized over the last 13 years

Warren Buffett most people would agree is a fairly conservative investor and the above 22% return on Berkshire Hathaway would be on a well-diversified portfolio. (http://fortune.com/2014/10/31/warren-buffett-best-investments/)

How about the 10 most profitable companies in the world over the last 20 years? (http://www.finance.yahoo.com/news/20-most-profitable-companies-world-175534730.html)

  • The 10th best performing company was Microsoft Corporation 12.17% annualized
  • 5th best performing company ExxonMobile 7.09%
  • 2nd best performing company Apple Inc 25.06%

Now, after that we have simplified and standardized the different investments we can compare them.

First, comparing Return On Investments, Apple Inc had the best return with 25.06%, followed by Freddie Mac 24% and Berkshire Hathaway 22%. Warren Buffett’s picks. The Whenuapai properties return at 17.36% is lower than the share investments. However, it did perform better than the Vanguard index funds and the S&P500.

Do these differences look significant to you? Not sure? OK let’s convert them back to an attention grabbing dollar amounts.

The Apple Lottery ticket would have grown to $25 million

The Berkshire Hathaway Lottery ticket from Warren Buffett would have grown to $15 million

The Vanguard VISVX Lottery ticket would have grown to $2 million.

With the benefit of hindsight, which Lotto ticket would you have liked?

PS Risk … yes there is risk in all investments. That’s for another post.

3 reason PhD candidates should become bloggers.


First, a CV style page is useful for others to find you and learn about your (common) interests (vis versa too) For examples, I have connected with a researcher in Canada, who did is helping me to learn Text analysis from Twitter.
Second, a blog is a great way to teach others what you’ve know (http://oxbridge-tutor.co.uk). Some say that teaching others it the highest form of learning. Also, it can be used of demonstrating your teaching ability if you are not teaching as yet.
Third, some academic bloggers also created businesses from their knowledge and experience. The best person I’ve been following for some time is Cal Newport. Cal is an Assistant Professor at Georgetown University (Computer Science). He wrote, published and run workshops starting as an undergraduate to today. Here are the links to his online work.http://people.cs.georgetown.edu/~cnewport/
http://calnewport.com/ 
http://www.top-performer-course.com/
http://tinyurl.com/q75w2po

I’d be interested to hear how others think about creating a path outside the traditional world of academia that way.