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Thoughts on Entrepreneurship and Leadership from Randal Nardone-Fortress Investment Group

The fortress investment group was founded in 1998 by Randal Nardone and Wes Edens among others. The company was created with the aim of offering alternative investment advice to clients, and their focus was on private equity investments. For the past two decades, the company has been growing and expanding their territory. Currently, they have more than 43 billion dollars in assets under their management. Randal Nardone has also managed to amass quite some wealth of his own. He is ranked as number 557 on the Forbes list of the wealthiest billionaires. He has a net worth of $1.8 billion. Here, is what Randal thinks about investing, and the value of diversifying one’s investment portfolio.

Randal Nardone started his journey as an entrepreneur in the University of Connecticut where he attained his BA. He worked for some financial institutions and private equity investment firms for some years before he got together with the co-founders at Fortress Group, and the idea of creating the group was born. Currently, the company has more than 2,000 institutions as part of their clients, and they have invested in different sectors. The sectors which are part of their investments include real estate, credit, private equity, and strategy. The company has expanded tremendously and currently; they have more than 1000 dedicated employees under their payroll.

Visit https://www.marketscreener.com/business-leaders/Randal-Alan-Nardone-0031P8-E/biography/

The company offers services which start with appraisal, purchase, and management of vital investment assets for their clientele. They advise their clients and guide them towards the investments which have the potential to help them achieve long-term cash flow. The company has always used strategy in their investments. They take time and immerse themselves in the businesses and the industries where their clients also want to invest.

The biggest dream for Randal Nardone is to make the Fortress Investment Group the company of choice for people whose primary interest lies in private equities. The company is currently generating revenue to the tune of 500 billion dollars, and he believes that if the strategic growth plans they have made for the next ten and twenty year periods go as planned, the company will achieve even greater success. Read more on patch.com

President of OSI Group David McDonald a testament to hard work paying off

David McDonald OSI Group Presidenet, has made a name for himself in the International Food Service Industry. Since his graduation from Iowa State University, Mr. McDonald has taken the lessons he learned from his early years growing up on an Iowa farm and has turned them into a multibillion-dollar international success story for the OSI Group.

David McDonald OSI Group, began his career with the company over thirty years ago as a project manager. Through those thirty years, hard work and a commitment to superior customer service have helped him climb the ladder within OSI to his current position as President of the OSI Group. Mr. McDonald has also been instrumental in growing the business as a top name in international food service providers. With over 20,000 employees across 65 facilities in 17 countries, David McDonald OSI Group, has established a reputation for hard work and customer service that has landed the OSI Group at the top of the charts for food service providers and profit margins.

David McDonald OSI Group, has a focused commitment to customer service and an understanding and respect of various cultures. David McDonald was instrumental in the expansion of the OSI through its partnerships with other providers and government agencies. Understanding that these partnerships are imperative the success of OSI, David McDonald has led the OSI to its most recent expansion to launching programs in China and the acquisition of Baho Foods. With a continued eye on growth and customer service, David McDonald looks forward to what comes next for the OSI Group.

Always one to look forward, David McDonald OSI Group, also remained committed to giving back to the original group from which he graduated. An avid supporter of Iowa State University, Mr. McDonald and his wife Melinda contribute regularly to the University and its programming. Specifically, David McDonald has played a large role in the growth and continuation of the Agriculture Entrepreneurship Initiative at Iowa State. Mr. McDonald has also been a generous donor to the Alpha Gamma Rho scholarship fund as well as playing a pivotal role in establishing internship opportunities for the students of ISU with the OSI Group.

David McDonald, OSI Group, has proven that the American Dream of hard work paying off is an achievable goal. Mr. McDonald remains committed to the customers and partnerships gained at the OSI Group. With his eyes always on the future of OSI, Mr. McDonald has not forgotten the Midwest core values in his quest for growth. His firm dedication to creating a product that exceeds customer expectations and creating lasting relationships has served David McDonald and the OSI Group well now and will continue to do so through their future endeavors. Expansion for OSI Group Continues Internationally

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Founder of DAMAC properties Hussain Sajwani.

Hussain Sajwani a very renowned entrepreneur and the founder of DAMAC properties located in Dubai. According to Hussain Sajwani, change is inevitable as it makes the world to have more relevance than it had before. Change is followed by both challenges and opportunities as well as the tools for the policymakers and business owners to use the switch to their advantage to make the World a better place.

In the world, there have been lots of developments and inventions in technology and science fields making the world to be more interconnected to various societies including the previously excluded ones. Technology has given people the opportunity to access significant information from any part of the world which enables them to invent and invest in new business.

The economic, social disparity, food insecurity, unfavorable climatic change, and geostrategic friction are some of the challenges resulting from evolution. Hussain Sajwani urges people to invest as a community, and these risks should not be a hindrance to making the world more interesting.

Dubai has enough human labor, natural resources and it’s strategically located hence the advantage in rapid technology adoption as well as innovating investing with One million Arab coders. Recently, various world countries formed union met in Dubai to formulate the objectives for the World Economic Forum Annual meeting for 2019. This union decided that they should invest in the Middle East since it has all the resources required to adopt equality, prosperity and unite people all over the world. The middle east has more than 65% of OPEC oil reserves, more than 40% gas reserves and an overall population of 400 million.

With the leadership of Hussain Sajwani, DAMAC properties have established 14,000 properties into the market. This number of homes is still not enough since there is rapid growth in population as investors from all over the world are starting businesses in Dubai. DAMAC Properties has completed more projects such as the DAMAC Heights which is their most prominent luxury residential tower situated at the foot of the Marina Promenade to accommodate more visitors and assuring them that their stay will be worthwhile.

Hussain Sajwani’s Success In Property Development And His Philanthropic Work

Hussain Sajwani is a Dubai based businessman who is well established in property development under his company DAMAC Properties. With a degree in Economics and Industrial Engineering earned in 1981 from Washington University, Mr. Sajwani has excellent experience in running businesses. His entrepreneurial skills date back to when he was young supporting his father’s business prosper before traveling to the US for studies. After graduation, he works at GASCO as a contract’s manager for two years after which he ventured into catering.

The catering business attracted more clients making it the leading company in charge of over two hundred projects and providing over 150,000 meals each day. The company has expanded to the global market with clients in Africa, CIS, and the Middle East. The company offers other services including camp services and power maintenance services alongside serving the army camps and five-star hotels.

The growing population in the 1990’s presented Hussain Sajwani with a business idea where he ventured into property development constructing hotels that accommodate the massive number of people moving in the country. In 2002, real estate guru Hussain Sajwani decided to go big in the property development sector and started DAMAC Properties that has grown to be the leading in the market with international service providers. DAMAC Properties has expanded its grounds employing more than 2,000 people who have helped in developing the luxury apartments and hotels including the 21,700 units that have been generated successfully and 40,000 more still being developed.

The DAMAC owner has a great relationship with businessman and real estate giant Donald Trump. The relationship has enabled DAMAC Properties to develop a golf course that was designed by Tiger Woods and will be maintained by the Trump Organization as well as being Trump branded. Hussain Sajwani’s vision has enabled him to be among the top 100 Arabs who are very influential.

The DAMAC owner is also a philanthropist. He supported the project launched by Dubai’s ruler that is aimed at supporting the disadvantaged children internationally. Hussain Sajwani wrote a cheque that will be able to help more than 50,000 children get clothes.

Instagram: https://www.instagram.com/hussainsajwani/

OSI Group McDonalds, A Global US Food Giant

OSI Group McDonalds is one of the world biggest food providers. The company has over 65 facilities in 17 countries and a workforce of 20,000 people. The company was started as small retail butchery by Otto Kolschowsky, a German immigrant at the beginning of the 20th century. The immigrant had a good business and had substantial expansion within a decade, and by the end the First World War, he has upgraded to the wholesaler. He extended his operation to Maywood suburb in Chicago.

During the second decade of the operations, the firm was rebranded and named Otto & son in the year 1928, after which it operated a stable and local successful business, until the end of Second World War when he started his first restaurant in 1955 in Illinois. During the time, he was still San Bernardino franchise argent, a couple from California who were the founders of the McDonald restaurant in 1940. Ray Krock restaurant was the first step by OSI Group McDonalds to expand through a franchise model. Rock had entered an agreement with Otto Kolschowsky sibling, Arthur, and Harry, to be the fresh beef supplies.

After operating for few years, Kroc proceeded to buy out McDonald and become the new chief executive of the new and modern OSI Group McDonalds. The new corporation took off, and Ray Kroc was instrumental in laying the foundation and the blueprint for the MacDonald modern franchise model. He retained Otto & son as the beef suppliers. And as fate would have it, Otto and sons became the major supplies of the company which was to become one of the biggest brands in the world.

Otto & son transformed to become an OSI Group McDonalds, a global company from a regional meet supplier in two decades. The core function of Kroc’s franchise operation was to avail each franchise and its customers with a constant product and services. McDonald’s core product was hamburgers. As such, Otto & sons and other beef supplies were at pressure to supply a continuous and affordable customer driven beef, for transportation to all MacDonald’s restaurant.

Technological advancement in food technology in the late 1960s made the work of Otto & sons easier and affordable, and this led to strengthening the relationship of the supplier and McDonald. The innovation of flash freezing cryogenic preservation using liquid nitrogen created new expansion opportunities and reduced production cost in the food industry.

See: https://gazetteday.com/2018/04/century-innovation-osi-group/

How Peter Briger Became The Principal And Co-Chairman Of Fortress

In the investment management industry, there are companies that stand out among the rest for their commitment to finding personalized investments and solutions to each client based on their goals for the future and their business perspectives, as well as their likelihood to engage in risky investments.

Many investment management industries don’t offer the same versatility and wide range of possible investment strategies that Fortress Investment Group, led by the Co-Chairman and Principal Peter Briger, offers to their thousands of clients.

Fortress Investment Group has literal billions of dollars in assets under management, and they are one of the most prominent companies in the sector, having earned awards and referrals for their excellence in helping clients achieve their goals and increase their wealth.

Peter Briger has been with the corporation for a long time, having helped the firm expand and improve their services throughout the years.

Peter Briger has been a member of the board of directors of Fortress Investment Group since 2006, but he only became a Co-Chairman of the board when he was elected to assume the role in 2009. His membership at Management Committee of the company was awarded to him in 2001.

Prior to his role in Fortress Investment Group and his involvement with the firm, Pete Briger worked in Goldman Sachs for 15 years and became a partner of the group years after his entry. There, he sat on the Asian Management, the Global Control, the Japan Executive and the Compliance Committees, where he acquired a lot of experience with the role and became a very successful businessman.

In Goldman, Sachs & Co., Peter Briger also managed to become the Co-Head of the Asian Real Estate Private Equity Business and the Asian Distressed Debt Business, as well as other investment groups and trading businesses.

With his participation in Fortress Investment Group since his entry in the corporation, he has improved the company with his leadership and his extensive background working in the industry. Peter Briger has helped the corporation expand and grow, as well as improve their support and the financial management services offered.

Visit More : patch.com/new-york/new-york-city/force-innovation-two-decades-fortress-investment-group

Jeremy Goldstein Shares on Knockout Options, a Solution to Stock Option

In the recent past several corporations abolished employee stock options. This new trend resulted from various challenges such as overhang associated with stock options. Contrary to the public opinion which alluded this step as potential strategy of cutting on expenses, firms are actually persuaded to take back this benefits for more comprehensive reasons.

Overhang of stock option often result from economic downtimes, the latter renders options worthless. As a result options end up posing unnecessary accounting burden. This type of compensation is widely preferred because of better insurance coverage, equities and extra wages as a result employee focus on the company success. Learn more about Jeremy Goldstein: https://www.avvo.com/attorneys/10019-ny-jeremy-goldstein-978103.html#client_reviews and https://www.visualcv.com/jeremygoldstein

It is important to mention that stock options challenges can now be mitigated by barrier option called Knockout. This option allows companies who prefer options to continue exercising it a form of compensation. Knockout is beneficial because it helps in overhang management and prevention.

Jeremy Goldstein is an active partner at Jeremy L. Goldstein & Associates LLC, a boutique law firm mainly dedicated to advice chief executive officers, compensation committees, corporations and managerial teams. The firm particularly advice on corporate governance matters and executive compensation. Read more: Exclusive NYC Wine Dinners Hosted by Attorney Jeremy Goldstein and Friends over 56000 for Fountain House and Jeremy Goldstein | Ideamensch

Earlier in his career, Jeremy Goldstein worked in one of the prominent New York firm as a partner. Important to note is that Jeremy has directly been involved in various transactions carried out by major corporates. The latter has equipped him with exclusive skills and over 10 years of experience. A case in point, Jeremy was personally involved in United Technologies Goodrich acquisition.

Jeremy Goldstein now chair the mergers & Acquisition Subcommittee at American Bar Association Business Section. He is a frequent writer and speaker on executive compensation and corporate governance issues. Goldstein attended New York University from where he obtained a J.D, he also received an M.A from the University of Chicago and later a B.A. cum Laude from Cornell University.

The Steady Rise Of OSI Industries From A Small Retail Shop To An International Food Producer

OSI Industries started from a very humble beginning to become one of the largest corporate companies in the American economy. It rose from a small butcher shop in Oakland Chicago to a corporate company with over 65 branches worldwide in 17 countries and a staff of 20,000 workers, which is quite a distinguished development. Otto Kolschowsky who was a German immigrant in Chicago came up with the idea of opening the butcher shop in 1909 to take advantage of the busy area and make money. New immigrants used the route as they headed to the plains to look for farming lands making the center an excellent industrial point. Within ten years, he had converted the business from retail to wholesale and had already opened a branch in Maywood, Chicago in 1928.

The Company has grown for many years, and despite being a small local company, it still had a considerable impact on the American community and economy. Otto & Sons later got an order from Ray Kroc, the owner of McDonald’s restaurants as the primary food supplier. The expansion of Otto & Son’s business started here because the order was consistent. The company diversified, and after some decades, the company was named OSI Industries, a name that would portray the company in a better way. The business ceased from being a family business to an advanced international food manufacturer. From then henceforth, OSI Industries changed the management from Kolschowsky and sons and therefore invited Sheldon Lavin as a partner who had worked in the company since the early 70s.

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Under Lavin Sheldon who worked as the company’s investment consultant, OSI Industries continued to expand its business in many ways. A notable growth was the opening of a branch at Western Jordan, Utah in Chicago. In the late 1970’s and early 1980’s, the company set up more offices in North America. The company entered Germany in 1978 and later Spain in 1980 making it a multinational corporation. The company’s diversification internationally and the ability of Sheldon to successfully negotiate in significant deals contributed to his appointment as the Chairman and the Chief Executive Officer. His experience in the banking sector as a top executive and investment would add to the company’s future growth. The significant increase of OSI Industries continue to date, and in 2016, it was ranked 58th in the Forbes lists of largest privately owned companies having made sales worth over $ 6.5 billion.

Learn more about OSI Industries: https://www.payscale.com/research/US/Employer=OSI_Industries_LLC/Hourly_Rate

Deirdre Baggot Shares How She Transitioned Into A Consultant Role In The Healthcare Industry

Deirdre Baggot, Ph.D., MBA, BSN, has worked in the healthcare industry as both a clinician and executive. She was one of the earliest supporters of bundled payment systems which are replacing traditional ways of billing patients for services rendered. The goal is to improve patient care, reduce the number of unnecessary tests, among other improvements, while allowing health care providers to still tend to their bottom line needs. She has helped over 200 healthcare providers reform their billing methods to one of the bundled payment systems. Read more about Deirdre Baggot on crunchbase

She has also written over 20 papers about bundled payment systems, healthcare reform, and how payments in the healthcare industry are being brought into the 21st century. She has also been brought in for her expertise on these subjects on nationally syndicated PBS shows including Planet Money, the Morning Edition, and All Things Considered. For a decade Deirdre Baggot was one of Northwestern Memorial Hospital’s senior leaders and she served a similar role at the University of Michigan Health System.

She spent the first decade of her career working in academic healthcare. Her chief executive officer at the time had decided to become a consultant instead and discussed her joining him in this endeavor. She decided to make this leap of faith and joined The Camden Group. While at this firm she thought up and designed a consulting practice that would provide her healthcare industry clients with a value-based reimbursement system.

When Deirdre Baggot first became a consultant she was unsure whether or not she would actually be any good at it. She didn’t have any experience and felt pretty raw. However, she says the team she was with was very good and experienced. They brought her up to speed to where she felt comfortable in this role. The person who had been her CEO also introduced her to several of his clients which helped to get the ball rolling.

Learn more: http://www.acc.org/latest-in-cardiology/articles/2016/09/22/15/15/business-consult

 

Bumble’s Founder Whitney Wolfe

Whitney Wolfe is only 29 years old, but she is the founder of Bumble, an app that is worth over $230 million. On this app, users can swipe right to find love, friendships, or a new career. The app’s closest rival is Tinder, another “swipe right” to find love app. Wolfe was a co-founder of Tinder until she left the company in 2014 due to sexual harassment allegations against former boyfriend and co-founder, Justin Mateen; the issue was settled for $1 million. This led to her idea for a dating app where the woman was in charge. Connect with Whitney Wolfe by visiting her linkedin account.

The idea for Bumble came after numerous meetings with billionaire Andrey Andreev. He liked her charisma and insisted she stayed in the dating app business. They took the idea that women should ask men first and put it into the app. The women message the men first and if the woman doesn’t send a message within the first 24 hours of being matched, it disappears. Whitney Wolfe believes that women should feel empowered, even when trying to date

Andreev put $10 million into the idea and took away 79% share while Wolfe put in her advertising expertise and received 20% of the company. Bumble debut in 2014 and earned 100,000 downloads in the first month. Currently, the app has over 35 million users.

Whitney Wolfe also recently put ads in papers like the Wall Street Journal and the New York Times that had one message: Believe Women. This message is meant as a reminder that women are frequently looked at as less than a man and that they should be believed, respected, and honored, just as much as men are.

Whitney Wolfe has found love herself and she wed in 2017 to an entrepreneur named Michael Herd whom she met in Colorado on a skiing trip. He proposed two years later at his family’s ranch after they went on a horseback ride and they held their reception in picturesque Positano, Italy.


Learn more: https://www.forbes.com/sites/samanthasharf/2018/09/30/bumbles-whitney-wolfe-herd-speaks-out-on-believe-women-ad/#6c2ff3927308

 

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