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Howard Helfant: Trophy Wines

Howard Helfant is a successful business consultant and sometime venture capital investor based in Miami, Florida. He is a 1980 graduate of Columbia University, where he received a Bachelor’s degree in marketing. He has been an independent consultant since 2011. He collects wine as a hobby, although he says he doesn’t care for that word. “To me, ‘hobby’ implies something trivial,” he says. “I take this pretty seriously.” Some of the wine he buys is not intended for consumption; rather, he lets these wines appreciate in value, and then sells it at a profit. One prime example of this is a 1982 Lafite-Rothchild he bought for $41.00 back in 1982. “I didn’t know much of anything then, but my then-fiancée said it was a golden opportunity. She was right.” He sold that single bottle for $5,000 in 2012, a price increase of more than 12,000%. “That was definitely the exception,” he says. “Most of the wine I buy, I expect to drink, sooner or later.” He says he usually shies away from wh
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Howard Helfant: Nixon’s Sandbar

Howard Helfant is a veteran marketing consultant who lives and works in Miami, Florida. Howard Helfant holds a degree in marketing from Columbia University. Whenever he gets the opportunity, he enjoys plying the waters off of Florida’s east coast. “I really love boating, and Miami is blessed with so many places to see and explore on the water,” he says. “When you get onto the Biscayne Bay, the view of the Miami skyline is just breathtaking.” He says there are three islands he likes to cruise by: Hibiscus Island, Star Island, and Palm Island. “They’re clustered a bit north of the MacArthur Causeway. They’re dotted with beautiful homes; it’s a pleasant cruise.” He is the owner of a thirty-foot pontoon boat he named Chef’s Surprise. “The day we launched it, we did this whole christening thing with a bottle of champagne,” he recalls. “It was a real hoot.” He’s skippered the Chef’s Surprise as far north as the Sea Islands off the Georgia Coast, where he and his friends anchor

Howard Helfant: Beginner Tips for Starting a Wine Collection

For most of his life, Howard Helfant has collected wines from different regions of the world. He appreciates the process that goes into identifying a good wine and preserving it for years. His private cellar boasts some quality wine – the results of years of research and sound investment decisions. If you decide to start a wine collection, it’s important to have a clear objective? Are you collecting for personal consumption, or as an investment strategy? The latter has become popular with many people, as good wine falls in the collector market segment of valuables such as art and vintage cars. Here are a few things to keep in mind: Some wines age well, others don’t The real fun is in seeing how the wine develops over time, which requires you to do some research on which ones have aging potential.  Invest in a proper cellar Wine requires delicate handling, which calls for a particular storage environment (a basement ). Cellars tend to be cool and humid

Howard Helfant: Aspects of Venture Capital Funding That Business Owners Should Understand

Howard Helfant has years of experience as a venture capital investor. His background is in marketing consultancy, which he slowly transitioned into owning and operating several restaurant businesses. He’s used the success of these firms to get into venture capital investing, where he’s helped numerous promising start-ups get the funding they require for success. Many small business owners don’t have the resources or track records to secure finances through conventional methods. Thankfully, a thriving venture capital community has stepped in to address the funding challenges. However, to tap into that support, business owners need to understand a few aspects. Equity and debt When a bank offers a loan to a small business owner, the bank’s expectation is to get a return on the financial investment. When a venture capital investor advances finances to a founder, their expectations tend to be greater. Typically, the investor will want a stake in ownership of the company,

Howard Helfant: Aspects to Consider When Investing in Small Businesses

Howard Helfant has been a venture capital investor for many years. Like many investors, he knows that where to focus attention is a significant consideration. There are thousands of small businesses and startups in the country, but gaining the necessary research on them can prove difficult.  “What makes one company deserving of interest differs from another business,” he says. “It’s important to understand some of the vital aspects to look out for.” Some of these aspects are explained . Profit margins The margin is the difference between what it takes to produce a good or service and what it sells for on the market. Expressed as a ratio or percentage , margins allow the company to invest in other aspects that help get the product into the market (for example, marketing). Margins vary by industry, and where gross margins are thin, it means there’s little room for error. The strength of the brand Assessing the brand strength is tough, but it’s something the