Read, read as much as possible. From short form articles to books and magazines increasing your knowledge base is the most valuable thing you can do in the business world. Increase your intellectual capital.

 

An analytic powerhouse in the field of finance, Omar Ascha works as a financial professional to create strategic alternatives for mergers, acquisitions, and financings. With his experienced guidance, he helps companies grow by providing access to strategic capital. Mr. Ascha graduated from the University of California, Berkley with a degree in Political Economy.

What does your typical day look like and how do you make it productive?

Waking up early is key to being productive; it allows you to accomplish any objectives/habits you set without any distraction. I typically wake up, drink some water/coffee and then stretch and read the news. From there I will tackle any tasks that will enhance my day from answering emails to working on ongoing projects. After that I go into work and catch up with coworkers, answer more emails and then go about completing my day to day work tasks such as conducting analysis on potential investments, speaking with lawyers about legal documents or brainstorming ideas with my team.

How do you bring ideas to life?

By creating an actionable plan and breaking down the idea into steps. An idea with a plan becomes a goal.

What’s one trend that excites you?

The spread of artificial intelligence and machine learning to both the enterprise and consumer space. From automating low-skilled level processes to create a more efficient workforce in the business setting to natural language technologies that are allowing for voice assistants in the consumer space, I think the trend of artificial intelligence is an exciting one that can yield huge potential.

What is one habit of yours that makes you more productive as an entrepreneur?

Keeping up to date with the news, being more informed about current affairs, in general, can aid in conversations with individuals of varied backgrounds and expand your thought process when thinking about investment ideas.

What advice would you give your younger self?

Make sure to make an effort to stay connected with your friends and acquaintances throughout the years. You never know when someone you’ve connected with in the past can be helpful in your future, whether from just being someone to talk to about an idea to someone who you can work with.

Tell us something that’s true that almost nobody agrees with you on.

I disagree with the saying “If you give a man a fish, you feed him for a day, if you teach him how to fish, you feed him for life.” Too many people have been given ideas rather than having been taught to think for themselves, and this is at the root of fear of other people and ideas. People should be dedicated to seeking out the truth, rather than seeking out illusions which shield them from the truth.

As an entrepreneur, what is the one thing you do over and over and recommend everyone else do?

Read, read as much as possible. From short form articles to books and magazines increasing your knowledge base is the most valuable thing you can do in the business world. Increase your intellectual capital.

What is one strategy that has helped you grow your business?

Networking and reading have been the most important sources of growth from my career; in other words, learning. Meeting new people and keeping in touch with them is key to helping you learn about different perspectives and helps you form connections that could create new opportunities for you.

What is one failure you had as an entrepreneur, and how did you overcome it?

In college, I did not land the internship I wanted after countless hours of networking and studying, and I overcame it by continuing to be persistent. Reaching out to others to gain advice and spread my network and looking at opportunities that would help set me up for my next goal even if it wasn’t a 100% match with what I wanted.

What is one business idea that you’re willing to give away to our readers?

Find a successful franchise that can produce steady cash flow and create an attractive cash yield and is resilient in a recession.

What is the best $100 you recently spent? What and why?

I spent $100 on a ticket to San Francisco to visit close friends in the area.

What is one piece of software or a web service that helps you be productive?

Google Calendars and Microsoft Outlook are two web services that help me be productive on a daily basis.

What is your favorite quote?

“Success is not final; failure is not fatal: It is the courage to continue that counts.”

– Winston S. Churchill

Key Learnings:

An idea with a plan becomes a goal.

Make sure to make an effort to stay connected with your friends and acquaintances throughout the years.

Read, read as much as possible. From short form articles to books and magazines increasing your knowledge base is the most valuable thing you can do in the business world

Connect:

https://www.omarascha.com/
https://www.instagram.com/aschaoman/?hl=en
https://twitter.com/oascha