Raymond Nobu Chang is an entrepreneur and business executive with years of experience in online sales, cross-border transactions, and venture capital financing. With an MBA from the Yale University School of Management, Raymond Nobu Chang has led many companies to successful initial public offerings (IPOs).
An IPO is the first sale of a company’s stock to the public. Before deciding whether to go public, a company must evaluate the potential advantages and disadvantages of doing so.
One of the advantages of going public is the injection of capital. Raising more capital allows the company to expand sales, increase research, make capital expenditures, and grow the company, capturing more market share. In addition, so long as there is a demand from the market, public companies can issue more stock.
Another advantage of going public is increased awareness. IPOs are subject to a lot of public scrutiny, which brings the company’s products and services greater attention and can help augment its marketing programs and revenue. Venture capitalists, who want to make money from a company they have built, also use IPOs as an exit strategy.
On the other hand, one of the disadvantages of going public is disclosure. Public companies are required to disclose operations through periodic financial reports in line with the Securities Exchange Act of 1934. These reports should be accompanied by audit reports, meaning increased overhead costs. Going public will also expose companies to public shareholder demands, which may lead the offering company to give priority to short-term profits over long-term growth.
The former chief executive of New Focus Auto in Shanghai, China, Raymond Nobu Chang is an accomplished business executive. A physical fitness enthusiast, Raymond Nobu Chang has taken part in several 5K runs.
After initially completing a number of 5K runs successfully, the next step is to do it faster. Here are three methods to improve your time:
1. Speed work
Practice running faster. Do this by incorporating short sprints into your training program. Because sprints are harder on the body, especially if you are new to speed training, start with short sprints, building yourself up to an 80-meter dash.
2. Uphill runs
Going up a hill requires strength. This can be developed with consistent training. Start by tackling hills with smaller inclines, ranging from 6 percent to 9 percent, before moving on to much steeper ones. Sprint uphill for 10 seconds, then walk down backward; repeat.
3. Strength training
Running alone is not enough to improve your speed. Incorporate strength training to build more running muscle. Include a variety of lunges, squats, bent-over rows, step-ups, and calf raises.
Shanghai American School
Raymond Nobu Chang, an influential new-economy leader in 21st century Asia, is an elected board member and former treasurer of the Shanghai American School (SAS). In these positions, Raymond Nobu Chang helped SAS achieve its purpose of developing children’s abilities for the future.
SAS is the biggest international co-educational K-12 school in China. As a private nonprofit, and nondenominational institution, it is operated through the American Consulate in Shanghai, and has more than 3,600 students. It was established in 1912, with students from approximately 40 countries, and now comprises two campuses.
To help students fulfill their dreams (98 percent of SAS graduates continue to universities and colleges around the world), the school sustains high standards in the classroom and in its community, accomplished through academics, participation in fine arts (drama, photography, dance, studio art, and music), and athletics (swimming, table tennis, soccer, track-and-field, and more).
The annual SAS campaign is the main source of support for the school, raising funds for its initiatives, fees, and tuition. This support is an important part of helping students build future careers and lives.