Category: Business

Serial Entrepreneur Dr. Mark McKenna Opens OvMe

Dr. Mark McKenna has always seen himself as an entrepreneur, and accordingly, he has always been in business for himself. He says he has trouble envisioning himself as an employee, according to an article on the Technology News Extra website[1].

Of course, there were temporary jobs when he went to medical school on his way to becoming a surgeon. On one of those jobs — examining prisoners at a nearby prison — he saved up enough money to make his first real estate investment. McKenna continued to invest in real estate with success. He created a real estate business and subsequently acquired a title company and a real estate lending company. With all the building blocks in place, he started his own turnkey development company.

Dr. Mark McKenna credits his parents for his lifelong bent for entrepreneurship. His father was a self-employed surgeon. His mother owned a publishing firm. Their example became his model for life.

But it wasn’t long before disaster paid Dr. Mark McKenna and the citizens of New Orleans a visit in the form of Hurricane Katrina. The hurricane devastated his business with the same efficiency that it destroyed New Orleans. McKenna didn’t quit, nor did he lose his resolve. He rebuilt his business by helping to rebuild New Orleans.

Dr. Mark McKenna escaped the next disaster — the financial and housing crisis of 2008 — with his funds intact. He’d sensed a change in the economic climate and cashed out.

Dr. Mark McKenna next created ShapeMed, a boutique medical firm. It was quite successful, and he was sold it to Lifetime Fitness, as they wanted to add it to their stable of fitness enterprises.

The next venture Dr. Mark McKenna founded was OvMe, pronounced Of Me. It’s an aesthetic company. Its business proposition is to connect those who wish to improve their appearance with competent, reputable medical practitioners. Their primary offering is a direct to consumer app that McKenna says is unlike anything yet seen in the medical field. OvMe opened their first store in the Atlanta suburb of Buckhead in late spring of 2018.

https://ideamensch.com/mark-mckenna/

Fortress Investment Group Acquired by Softbank

There are a number of businesses that are looking to expand and increase their value. One of the most common ways to do this is to get involved in a merger and acquisition. Many companies look to complete mergers in order to further their overall expansion to other markets in the world. In most cases, mergers and acquisitions make sense to many people who are involved. One of the most recent acquisitions in the business world has been the one where Softbank bought Fortress Investment Group. The company bought this investment firm for a sum of over $3 billion. With this acquisition, Softbank will be able to add to its impressive list of holdings. At the same time, Fortress Investment Group will be able to have more capital to help maintain its status as a leading investment management firm.

Both Softbank and Fortress Investment Group have a lot in common. SoftBank to Buy Fortress Investment Group for $3.3 Billion.They have the desire to always expand and adapt to changes in their industry. For instance, Softbank was originally a personal computer wholesaler and then grew to a large company that offered a wide range of technology services. It is now looking to get involved in the financial services industry. Fortress Investment Group is a company that specializes in providing asset management to investors. It has looked to further expand its presence as well as increase its client base. With this recent merger deal, both parties will be in better position to achieve their respective goals.

Fortress Investment Group was founded at the end of the 1990’s decade. The firm was started up by the acting CEO Randal Nardone and the Chairman Wesley Edens. Both individuals had a vision to build up a leading alternative asset management firm. Today the firm offers comprehensive management and advisors services to institutional investors. It helps its clients acquire and earn good returns on things such as private equity, hedge funds and real estate. Over the course of the last two decades, the firm has experienced steady growth and looks to continue this trend. With the help of Softbank, the firm will be in position to achieve its future goals.

Brightline’s expansion into Miami signals Wes Edens new strategy in the Transport industry

The Miami and Fort Lauderdale route is a relatively busy route by all standards. Commuters will typically take 45 minutes to and fro, but at rush hour or in case of an accident, it takes up to an hour for the same journey. This route recently got some relief when Brightline introduced a high-speed commuter train. The train will take between 30 and 35 minutes either way. For all these convenience commuters will only have to part with ten dollars for a one-way ticket. This ticket accords them all that comes with the train, including leather seats, free WIFI, charging ports and food service. This is a big saving given that for the same ride an Uber would charge you 40 dollars and probably get stuck in traffic for hours on end. The train will have a top speed of 80 mph and this Brightline believes is sufficient.

Brightline which falls under the transport and infrastructure division of the Fortress Investment Group, a company co-founded by Wes Edens is now looking to expand to West Palm Beach.

The train designed by an American company Rockwell Group is one of the reasons Wes Edens believes that they are fully capable of meeting the needs of clients. The reason Fortress opted to build in America boils down to the understanding of their local clientele, this they believe would help passengers have a better experience and at the end of the day continue to use the train.

The Fortress Investment Group was founded in 1998, over the years, it has grown into a 41 billion asset management company that has diverse investments in almost all areas of the economy. Wes Edens and his partners have overseen this growth and today the company employees more than 915 professionals brought from all over. The group has been an investor in the transport industry, and it is thus no surprise that Brightline was able to capture the imagination of Miami commuters the way they did. Wes Edens during the launch hinted that they might be expanding their service out of state but remained cagey about the exact detail. Thus, keep an eye out for any new developments.

Guilherme Paulus is One of the Largest Businessmen in the Tourism Industry

Businessman Guilherme Paulus is the founding of CVC. CVC is a publicly held operator and travel agency made up of a team of marketing executives. Paulus has played a crucial role in the company since its birth in 1972. At the time the businessman was an unproven entrepreneur with basically no experience. Back then CVC was just a small local travel agency based in Sao Paulo. Now, nearly half a century later it is considered the largest travel operator in Latin america. Not to mention, it is also Brazil’s largest retail tourism network. The success of CVC acts as a shining example of Guilherme Paulus’ outstanding business acumen.

Guilherme Paulus has built a very reputable reputation for himself in the tourism industry. He has spent the majority of his life working in the industry and possesses a degree in Business Administration. His innovation as a leader is a key reason CVC evolved into the corporate entity it is. His unique approach to running the company broke the mold of traditional travel packages. Because of his innovation and approach CVC has the widest portfolio of products on the market currently. Visit abramark.com to find out more.


Feeling as though the company had become stagnant Guilherme Paulus decided that in order for the company to continue to grow it needed the support of a global investment fund. It 2009 CVC was sold to the Carlyle Group. The decision has proved to be a very lucrative one. Just 4 years later it was announced that CVC had revenues of over $5 billion annually.

Guilherme Paulus has been the recipient of many accolades throughout his career. He has been honored by the French Government as well as other international governments. He has been one of the prominent figures in promoting tourism in France. He has served on the National Tourism Council for well over a decade. Visit: https://www.istoedinheiro.com.br/guilherme-paulus-e-o-empreendedor-do-ano-2017-em-servicos/

 

Shervin Pishevar: Tweets On The Bleak Economy To Come

Shervin Pishevar set about on a Twitter rampage in early 2018. Pishevar is known for his investments in Slack, Dollar Shave Club, Warby Parker, and Uber. He recently resigned from Sherpa Capital.

In one of the tweets, he went on to discuss why he believes the stock market will fall an aggregate of 6,000 points in the months ahead. His belief is the economy will take a downturn before any increases are seen. He states how the gains from 2018 have already been evaporated, and soon, the 2017 profits will be gone too.

The government bond system has lost control. In the past central banks would buy bonds. It was used as a device to correct the market. This process has become antiquated and no longer valid.

The tweet rampage continues. Tweet number three goes on to inflation. The United States has passed inflation onto the world, thinks Shervin Pishevar. His thoughts might be that the current leaders and administration are shaky on world trade deals.

Some substantial funds will weaken, and funds Pishevar named were Volatility Indices and Managed Future. His tweet feels both significant funds are set up to fall. Some entity is going to collapse.

The subject of the Silicon Valley was touched on. The Valley has lots it glimmer and is no longer the modern day Roman Empire. Basically, the Silicon Valley’s grip on innovative thinkers and new ideas has loosened. That’s not a terrible situation, but one that is a signal that the American economy could slow down. Shervin Pishevar wrote in 2008 about how the entrepreneurs in the USA that were funded by venture capital have now become the way international entrepreneurs operate.

International products are being created and structures built at breakneck speed and without hurdles. A train depot was erected in China in under ten hours. This was one of Shervin Pishevar examples.

Companies like Microsoft, Google, and Amazon are labeled unicorns by Pishevar. In his discussions, these powerful corporations gobble up new and fresh companies, but he believes that style of business will soon crumble the networks and break the system. Shervin Pishevar tweets represent how he may think a watchdog needs to keep an eye on the unicorns instead of letting them roam free.

https://b612foundation.org/members/shervin-pishevar/

Sahm Adrangi The Investment Consultant.

Sahm Adrangi is a successful presenter located in New York as the Chief Executive officer of Kerrisdale Capital which he launched in 2009. Mr. Sahm received his bachelor’s degree in Arts and specified in Economics at Yale University. Before Sahm Adrangi formed the current company he worked with Longacre Fund as their investment analyst managing over 2 billion dollars debts.

His main role in the company carried out research and investment analysis for equity and debit credit funds helping the company make billions of money. Earlier on, Sahm worked as a consultant ta Chanin Capital in bankruptcy restructuring company. Previously he worked with Deutsche Bank finance group where he offered advice and directions on debt refinancing.

Through Kerrisdale, Company Sahm Adrangi works to correct misconceptions concerning over-hyped shorts about stocks in the market. It’s a company that invests in long-term value investments. He has been an activist in investments and has been invited to different conferences as a guest speaker. With his help fraud companies like Chinese Marine Food Company have been exposed and therefore he is one of the trusted people in the field.

Currently, he has written an article addressing St. Joe Company a real estate company worth billions that were intending to transform desolate land to make them attractive. This is because the company’s idea of making profits is based on assumptions other than facts. According to him, people who have invested with this company will have to wait longer to get any benefit from their investment. This is because there are minimal activities going on as far as land permits and building departments are concerned. Their value is therefore still the same.

He explains that Fairholmes Funds who holds above two-thirds of St. Jude’s shares are struggling financially with unpaid debts something that may force St. Jude’s to sell their property at a loss forced by their client. It may be hard to get profits for the stocks due to the possible risk caused by Fair Holmes impending downfall.

Sahm Adrangi will be holding a conference to discuss St. Jude’s report on 24th April 10.30. Due to his affiliation with St. Jude, Sahm is likely to benefit if the price of the stocks falls.

https://www.linkedin.com/in/sahm-adrangi

OSI Food Solutions; A Homegrown Global Presence

German immigrant Otto Kolschowsky opened a meat market in Oak Park, Illinois in 1909. By 1928, Otto had expanded into the meat trade and renamed his company Otto & Sons and began earning a positive reputation in the area. A big breakthrough for the company came when Otto’s sons partnered with McDonald’s founder Ray Kroc, supplying beef as McDonald’s expanded across Illinois. Since then, OSI Food Solutions, as the company came to be known, has made a name for itself as a global supplier of meat products, with more than 65 facilities in 17 countries, with over 20,000 employees.

OSI Food Solutions are leaders in responding to food demands across the globe. In the fall of 2017, its plant in Spain doubled its production of chicken to meet what the company saw as a growing demand in Spain and Portugal. The plant is part of an expansion strategy that will add new products and foodservices to its portfolio to meet the demands of the future. Back in Illinois, the company bought a Tyson Foods production plant in June 2017, which Tyson had planned to shut down in October that year, and the company was able to offer jobs to many that were still employed at the plant. This move again was part of the company’s expansion strategy, in order “to meet the rapidly evolving needs of our customers,” the senior executive vice president for OSI North America, Kevin Scott, said.

OSI Food Solutions strives for quality as well; its UK branch won the British Safety Council’s Globe of Honour Award in 2013, 2015 and 2016 for its dedication to working to improve its environmental impact. OSI works toward exploring ways to improve its sustainability—from ensuring its equipment is energy efficient to providing ideal working conditions for their employees. On November 2017, its Spanish division was awarded the MC Mutual Antonio Baró Prize for the Prevention of Occupational Hazards.

OSI Food Solutions are willing to adapt to the growing demands of their industry, and with their global perspective, they have the experience and talent to meet those demands. That is why OSI Food Solutions has been recognized consistently as one of America’s Top 100 Food Companies.

For details: de.osigroup.com/locations/

Todd Lubar Keeps Himself Updated of the Latest Trends in Real Estate

Todd Lubar is a well-known investor and financial analyst in the real estate industry of the United States. In the last 25 years, Todd Lubar has invested in many booming industries successfully and has also headed a number of companies. Few of the sectors in which Todd Lubar is invested in is the demolition industry, entertainment industry, nightclub, real estate development company, and more. Todd Lubar believes that it is essential for the businessmen to continue to look for new opportunities, and it is what has been taking him places throughout his career. Todd Lubar has done Bachelor of Arts with specialization in Speech Communication from the Syracuse University.

 

As a big name in the real estate industry, Todd Lubar feels that the real estate sector in the United States has become stable after a long time and is the perfect time for the investors to invest. While giving the example of Baltimore, Todd Lubar said that even though in the statistics, it shows that the population in the Baltimore region has decreased, the real estate pricing and demand has actually increased. It is particularly due to the booming economy in the region and the interest among the young population to relocate here to find better job opportunities. There has been a huge influx of youth in Baltimore, and it has pressed the realtors to develop new projects for apartments and condominiums.

 

Todd Lubar has worked for few years at Crestar Corporations at the beginning of his career and then moved on to work for the Legendary Financial Services. While heading the Maryland Office of the Legendary Financial, he helped the office to achieve a turnover of hundreds of millions of dollars under his supervision. Todd Lubar believes that it is necessary for the person to be focused and have a good company in order to stay positive and move ahead towards the goal without getting distracted. Currently, Todd Lubar is the President of the TDL Ventures, and he helps the people fulfill their dream of buying their own home. He helps people understand how to get the loans they need to purchase their dream home.

 

Todd Lubar has been able to make a successful career in real estate because he loves to learn about the new trends and has a passion for these things. He reads most of the real estate newsletters out there to know what works for the real estate buyers and what does not. It is the reason why his clients trust him and visit him for advice. He inspires others to be best at what they want to do and achieve success. He tries to understand what exactly his clients want before providing them details about real estate. His clients well like him because he loves to have a meaningful conversation with them.

 

 

Waiakea Volcanic Water: A Better Way To Drink Healthy

In society today, there are a number of beverages to choose from when you’re thirsty. This includes soda, beer, juice and sports drink. One of the very best beverages you could ever drink is water. Though it may lack all of the tasty flavor as other drinks, water is still a top-rated choice from a health standpoint. Bottled water has seen to have taken over the game. Just about every type of food retailor sells bottled water, but all bottled water isn’t the same. Some of the brands provide decent bottled water while others tend to not be as decent. It all comes down to how acidic the water truly is, but there’s one brand that doesn’t have to worry about being acidic.

Waiakea is the brand of choice for millions of people. This particular water comes straight from the Hawaiian islands, and it is loaded with all kinds of trace minerals such as electrolytes, magnesium and calcium. The brand’s Hawaiian culture is fully intact here. Waiakea actually means “broad waters,” and it can provide the user with a host of health benefits. Many of the competing brands’ water doesn’t seem to live-up to the hype. This usually happens when a brand starts to incorporate gimmicks just to help boost sales. Waiakea Volcanic water is definitely an ethical brand of water. It’s based out of Hawaii, and it’s founder is an Hawaiian-native. The company’s slogan, drink Healthy,” is being personified to the highest degree each and every day.

By sipping on water that is in an alkaline state, you can neutralize harmful stomach acids. For those who are suffering with acid reflux, this water can potentially help you thanks to the water’s natural bicarbonates. Waiakea Volcanic water is in a class by itself, and it will continue to push the boundaries of high-alkaline water.

https://www.instagram.com/waiakea/

LOUIS CHENEVERT, A SUCCESSFUL PRODUCTION MANAGER

Louis Chenevert was born in 1958 in Quebec. He is a Canadian businessman who has made achievements in every organization he has served. Presently, he is retired and spends the entire time in Goldman Sachs as an advisor. Louis follows his interests and also spends time with his family. He started his journey by getting a degree in production management from HEC Montreal. Working in General Motors was fruitful, and he raised his career level rapidly to become the production manager. Later, he became the general production manager where he served the role of supervising extensive production.

In 1993 Chenevert left GM and joined Canadian branch and work for the Pratt and Whitney. Before Louis becoming a member of the company, the economy wasn’t doing well, but due to Chenevert experience, accuracy and comprehension, he restored the financial development of the company. Within six years Chenevert was appointed as the president of the company after the market share started to increase in the aerospace industry.

Pratt and Whitney are supplemental for United Technologies Corporation (UTC) which served both civilian and military economies, leading to a broad diversity of products which include elevators, security systems, and aircraft engine.

In 2006 he was chosen to be the chairman of UTC and later April 2008 he became the chief executive officer. At that time UTC had a low economy, and Chenevert decided to shift production into the US. UTC provided workers and engineers with an offer to switch to the central location, and Connecticut State became their home. UTC was capable of expanding the economy stock price.

His prominent acquisition includes the purchase of Goodrich Corporation. Goodrich had become the top manufacturer of rubber all over the world, and Louis main aim was to make sure UTC had purchased Goodrich. A deal that aided in minimizing the internal expense of production and increased the substantial share of the firm market.

Chenevert publicized his retirement in 2014, and this was an astonishment to many people because at that moment UTC was doing immensely fantastic due to his diligent work. But it should be noted that he needed adequate time to chase his excitements. He has designed and build three different leading yachts.

http://www.utc.com/News/News-Center/Pages/Louis-Chenevert-becomes-the-eighth-Chairman-of-United-Technologies.aspx