Monday 28 September 2015

What Does it Take to Build an NBA Team?



Most viewers see building a dream team as a simple task. A lot of factors go into building any sports team, and as people look deeper into how one operates, immediate challenges are seen as to how it could be done. For those looking to build their own dream team, this will walk you through what develops the success of a professional NBA team from the inside and outside.

Talent is what gets it done, right? It’s a mystery where all of these talented players come from, and it’s much more than simply looking at supply and demand. To bring great talent, many variables attract and convince players to choose one team over another. Money has a lot to do with it, but is that all? Perhaps what matters to many talented players is whether their talent will be praised through the team’s performance. This is where team reputation and infrastructure come in.

 For a team to build a reputation, it must have the right administration. Coaches, assistants, program and training paths, etc. all have an effect on how well the team will be able to perform during the season. Without this background for a good team, talented players might take less money from another team, just because their skills will be better displayed. To get this administration, you need funding and publicity, which is brought by the city itself.

The city’s involvement in a team has much to say about its success, because the support of the local community is what attracts a culture for people to build, with good coaches and administration, good programs, and good players following along. Frank Zaccanelli took the Dallas Mavericks to future success through building the American Airlines Center and several economic hubs near it to produce more activity and support from the city. This method is what ties it all together and allows your team to succeed with the best players.

Monday 7 September 2015

Frank Zaccanelli - No Shortcuts in Real Estate Development

 Real estate development is a business that is constantly evolving, and people who want to be involved in the development, finance or supervision of a project need to have a solid grasp on the process and its many facets. Successful real estate developers not only manage their own performance, but must work closely with many other professionals from many disciplines. All along, the developer has to keep a close watch on the almost constant risks that threaten the viability of the project.

Frank Zaccanelli

If there is any single principle that sums up what real estate development is all about, it is that it's about adding value to property. That's it. It is not so much about the location of a property as it is about the improvements made to it. The developer acquires it and makes it more desirable than it was before. It might be, for example, a piece of farmland that is adjacent to a growing community. Generally speaking, residential properties sell for between five and ten times the price of agricultural land. So there is great potential for the agricultural land to yield tremendous profit, but it must first have value added to it. It does not necessarily mean construction, however. It may be a matter of having the property rezoned as residential.

There are no shortcuts to becoming a skilled real estatedeveloper. And that means doing your homework; making yourself knowledgeable enough about an area through market research. Frank Zaccanelli is a veteran real estate developer who is currently the CEO and Managing Partner of Fiamma, a real estate investment and development firm in Dallas that targets residential and mixed-use properties.