Ericherrmann

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

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

 

Learning more about Ara Chackerian

Ara Chackerian has been in the limelight in the US for the last decade due to his cants of philanthropy and entrepreneurship. He has been involved massively in several foundations that have been changing the lives of ordinary Americans by the day. In Nicaragua, the business guru owns a vast farm that heavily specializes in safe farming and also employs lots of locals. His farm has been attributed to be doing some of the most advanced technologies, not only for higher production yields but also to conserve the environment.

Ara Chackerian is also an angel investor that specializes in spotting, funding and growing small companies. He has a major interest in technology in the medical field. As such, almost all the companies that he has founded involved medical technology. The business mogul is the current managing director of ASC capital holdings. Additionally, he is also the managing director of TMS health solutions. TMS has been integral in transcranial magnetic stimulation introduction in the United States. Transcranial magnetic stimulation assists in the treatment of mental illnesses.

 

Ara attended the Florida State University and acquired a bachelor’s degree in Business Management and marketing too. With the vast experience in Medicare and application of technology in medicine, Ara Chackerian has created a name for himself.

Most of Ara’s career is spent creating bridges between health and technology. The idea of TMS was a joint venture between him and his friend, a business partner too. It is an idea that was conceived during the company’s expansion activities in northern California.

 

In a recent interview with one of the leading media outlets in the US, Ara asserts that the idea brought on board by TMS has been very integral in mental health. Since its approval by the American medical regulatory bodies, lots of clinics are adopting the technology due to its ease of operation and effectiveness.

 

Ara Chackerian says that the idea behind TMS was creating a technology that would enable both patients and doctors to go through the treatment process with ease. The facility has since expanded their infrastructure in San Francisco and Sacramento amongst many other areas. You can visit arachackerian.com to see more.

 

Posted in CEO

“Waiakea Hawaiian Volcanic Water Improving Health With Every Bottle”

Known as a magnificent tropical paradise, Hawaii is surrounded by beauty and natural resources. Which includes its volcanic water filled with numerous vitamins and minerals essential for one’s overall health. Which is the main reason people are switching from name brand spring water to Waiakea Hawaii  Volcanic water! Dedicated to providing consumers with optimum products, Waiakea uses only the purest volcanic water in their bottles.

Waiakea bottled water is the freshest available in today’s market, with an alkaline pH level of 8.8. It’s guaranteed and backed up by the company one hundred percent of the way. Helping improve a person’s health while detoxifying it at the same time. Devoted to assisting humanity, Waiakea has donated a good majority of their bottled volcanic water to various charitable organizations. They’re also an environmentally aware company, using only degradable materials in the manufacturing of their Hawaiian volcanic water.

After receiving some inspiration 2012, Ryan Emmons became the founder and CEO of Waiakea bottled water company. Growing up surrounded by nature’s beauty, Ryan was an environmentally conscious individual who cared about the world in which he lived. During a venture at his Uncle’s home in Hawaii, Emmons came across a natural water source located at the bottom of a volcano. Deciding to see what it tasted like, proceeded to drink the water. After doing so, fell head over heals in love with its purity. Figuring if he enjoyed the taste of this amazing Hawaiian volcanic water, then everyone else surely will.

The idea for Waiakea originated while Ryan Emmons was visiting his Uncle’s home in Hawaii. Deciding to try it out for himself, Ryan drank the volcanic water there and knew he could never go back to drinking regular water ever again. Taking his knowledge about volcanic water benefits and spreading the good news around the world to others. Therefore, creating Waiakea Hawaiian volcanic water!

Robert Ivy Joins The Ranks By Received Lifetime Achievement Award

Robert Ivy, FAIA has joined a small list of established Mississippians by being honored with the Noel Polk Lifetime Achievement Award by the Mississippi Institute of Arts and Letters (MIAL). He is the first architect to be recognized for this award. The past receipts include Eudota Welty, actor Morgan Freeman, Shelby Foote and Walter Anderson along with a few other artists and art patrons based out of Mississippi.

Robert Ivy was previously the Editor-in-Chief of McGraw-Hill’s Architectural Record. Under his guidance, the Architectural record was the most widely distributed architectural journal around the world. The record was honored with various awards, such as the National Magazine Award for General Excellence. In 2010, Ivy was titled as “Master Architect” by the national architectural fraternity Alpa Rho Chi, a title reserved for the world’s finest architects such as Ludwig Mies van der Rohe, R. Buckminster Filler, and I.M. Pei. In 2017, he also received the Dean’s Medal from the University of Arkansas Fay Jones School of Architecture.

Read more: Robert Ivy Receives Noel Polk Lifetime Achievement Award

Speaking of his achievement the MIAL President Nancy LaForge says “When it comes to making architecture more accessible to the public, there’s really no one else from Mississippi like Robert Ivy…. As a writer, author and commentator on architecture worldwide, Ivy now takes his rightful place in an acclaimed list of Noel Polk Award honorees.”

Ivy currently serves as the Chief Executive officer at the American Institute of Architects, where he accelerated the growth of the institute’s global presence. The institute has seen its highest membership level in the past 160 years, with new chapters in China and Canada. His biography titled “Fay Jones: Architect” was published in 2001 and is in its third edition. The biography was acclaimed by the Art Library Society for “the highest standards of scholarship, design, and production.”

On June 2, the MIAL will present Ivy with the Lifetime Achievement Award.

Find more about Robert Ivy: https://archinect.com/news/article/150059501/robert-ivy-to-receive-lifetime-achievement-award

Louis R. Chenevert, the Mastermind behind UTC’s Success

From a professional’s point of view, business’s success is influenced by every person associated with the venture. However, without a qualified or focused leader, all the effort can go to waste. Louis Chenevert is among the few celebrated CEOs across the globe. The history of UTC can never be complete without mentioning the many things he has done to see it succeed.

One blogger jokingly stated that Louis is a kind of a person that successful business people such as Steve Jobs and Bill Gates give a call to seek advice. His success story with the United Technologies Corporation seem to support the statement. In a recent interview with Ideamensch, the retired CEO stated the idea for UTC came from many ideas brought with customer needs in mind and passion for changing the product market.

During the interview, Louis did not hesitate but to reveal his secret to driving UTC to an incredible level which was being a detail-guy. During his tenure, the outgoing CEO ensured that all the base operations ran as per the plan. Besides, he always motivated and got involved with the junior staff which meant an increase in the output. Louis boasts that his eye for details and team-playing ability is what resulted in UTC we know today. In the interview, Louis stated that he learned to give a listening ear to the juniors while working at GM as a first line supervisor.

Louis told Ideamensch that if given a chance to start his career life again, he would focus his mind on internal politics. According to him, domestic politics can be a disruption to the company’s growth. Louis did not leave before advising entrepreneurs on the need to pick and work in close collaboration with the right team for the sake of beating the obstacles.

About Louis

Today, Louis R. Chenevert is known for his involvement with United Technologies Corporations where he worked as the chairman and CEO. Louis got promoted to the president and CEO position in early 2008. Two years later, he was named the chairman of the board of executives and continued to serve in these positions until 2014 when he retired.

Before joining UTC, the talented CEO worked at Pratt & Whitney since 1993. In the company, Louis served as the president, an appointment that he received in 1999. Also, Louis has served at General Motors holding various positions. Louis holds a Bachelor of Commerce degree in production management from the Universite de Montreal. Often, Louis insists that his many years in service are behind his success stories.

http://www.courant.com/business/hc-goldman-sachs-louis-chenevert-20150909-story.html

Duda Melzer Investment Growth

Duda Melzer is a firm believer in investing for the future. Despite his significant income, he still tries to find new investment opportunities. He grew up in a family that struggled financially. At an early age, he realized the value of financial planning and investing.

When Duda Melzer started in his career, he invested a portion of every paycheck towards his future. Even though it was hard, he decided to invest money each month. After getting started in the oil industry, his income increased substantially. He became CEO of RBS Group many years ago. Although the work is hard, he enjoys running a major oil company with strong growth prospects.

Helping Others

Duda Melzer Founder enjoys helping other people in the community. He mentors young people who want to learn about business. He also wants to help people reach their goals in other areas of life.

Duda Melzer donates both time and money to local food shelters. There is still a significant population of people who live in poverty in Brazil. He wants to make sure everyone has access to food and shelter. Check out clicrbs to see more.

Investments

Throughout his career, Duda Melzer has acquired a large number of financial investments. He enjoys investing in various asset classes. Duda Melzer tries to teach young people how to invest for their future. Young people who start investing can build substantial wealth if they stay consistent. Some people struggle to invest money when the market is going down. When the stock market drops, it is the perfect time to invest for the future. You can follow their Twitter page.

See more: http://redeglobo.globo.com/rs/rbstvrs/noticia/2012/07/eduardo-sirotsky-melzer-assume-presidencia-executiva-do-grupo-rbs.html

Posted in CEO

Luiz Carlos Trabuco, President Of Bradesco-A Large Financial Institution In Latin America

In Brazil, banks play a primary role in sustaining the economic growth levels in the country. In March 2009, Luiz Carlos Trabuco took over the presidency of the second largest bank in Brazil known as Bradesco. Trabuco is the fourth person to occupy the position in the close to 70 years of the company’s history. Since then Luiz Carlos Trabuco has led Bradesco with approximately R $ 900 billion in assets and 27 million account holders. He aims at making Bradesco the largest Brazilian bank by improving the internal performance, opening 211 bank branches, as well as enhancing technology platforms to lure young potential clients. Luiz Carlos Trabuco is a top business executive who guides the growth of Bradesco bank in Brazil.

About Luiz Carlos Trabuco

Luiz Carlos Trabuco hails from Marilia, Brazil, and has been working at Bradesco bank for the past forty years. In 1969, aged 18, Mr. Luiz Carlos Trabuco kick-started his career at the bank. Since then, he has held various positions within the company. For example, in 1984, he served as a department director and in 1998 he was appointed Managing Director Executive. The following year, he was elevated to executive VP, and in March 2003, he became the president of Bradesco Seguros, the company’s insurance company. Under Luiz Carlos Trabuco’s six-year of excellent management from 2003 to 2008, Bradesco Seguros doubled in size from R $ 32 billion of assets to R $ 78 billion. To date, Bradesco Seguros has contributed about 30% of the company’s profit. This performance of-of Bradesco Seguros leveraged Luiz Carlos Trabuco to replace Marcio Cypriano as the President of the company since it does not allow sitting presidents who are over 65. Throughout the company’s history, there have only been three presidents; Amador Aguiar, founder of Bradesco, Lazaro Brandao, and Marcio Cypriano.

In 1951, Luiz Carlos Trabuco obtained a philosophy degree and graduated from the University of São Paulo. He also holds a post-graduate degree in Socio-Psychology from the School of Sociology and Politics of São Paulo. Luiz Carlos Trabuco is different from other bank executives who have majored in economics, finance, or accounting. In 2015, he bought HSBC for 5.2 billion dollars with the approval of a Chairman of the Board, Lázaro Brandão. This acquisition will help the ability of Luiz Carlos Trabuco to absorb banking, insurance, and large asset management during high inflation, rising unemployment, and the slumping demand for credit in Latin America’s largest economic sectors.

For the next three years, Luiz Carlos Trabuco aims at maximizing on the take over of HSBC by adapting products designed by various financial startups. As a result, Mr. Luiz CarlosTrabuco was named the entrepreneur of the year in the finance category by MONEY. Also, in 2006 and 2007, Luiz Carlos Trabuco was named The Insurance Person of the Year. In 2009, he appeared on the 100 most influential list in Brazil because besides from growing the bank, he has revised the bank rates to attract a greater pool of clientele. Over the past 14 quarters, the non-interest expenses of Bradesco has grown below annual inflation.

On October 7, 2017, shareholders of Brazil’s Bradesco are set to vote on a proposal aimed at changing the age limit for its CEO to 67 years from the 65 years. Bradesco is expected to choose a new Chief Executive Officer next year to replace Luiz Carlos Trabuco who will be 65 in October. As a result, the change will enable Trabuco to remain and lead as the bank’s CEO for two more years.

Despite the success story of Luiz Carlos Trabuco Cappi over the years, he continues to remain humble and avoids showing off his wealth openly.

Like Luiz Carlos Trabuco on Facebook

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