In August 2004, two men – Pierre Koshajki and Rob Snyder – established a company called Stream Energy. The company distributes energy to the state of Texas, and they are headquartered in the city of Dallas. After years of fighting for their right to operate outside the state, the court has finally given them a signal to build their first stations outside Texas. It marked the beginning of the deregulated energy market, and it became a huge hit especially for those who are looking for an energy supplier alternative. Stream Energy can produce their energy for a lower price, and as a result, their customers are paying lower bills compared to those who are using the services from the main power producers.
Stream Energy’s CEO, Larry Mondry, stated that the company is expanding its presence outside Texas, especially in the states of New England. Delaware is the newest state to be added in their growing list of locations, and the CEO said that there would be new additions to the list.
Aside from providing cost-efficient energy, the company is also known for their philanthropic arm called Stream Cares. The organization focuses on creating missions that help the people, and they are also providing a lot of assistance to those who were victimized by disasters and other catastrophes. The philanthropic arm of Stream Energy has been around since the company was established, but it has no official name. However, the company decided to formalize Stream Cares, and its first mission as a fully-registered organization was to extend the assistance to those who fell victim to the wrath of Hurricane Harvey.
The hurricane swept through the coast of Texas, destroying a huge number of properties. Hurricane Harvey is one of the strongest tropical cyclones to hit the United States, and it is tied with Hurricane Katrina as the costliest. The tropical cyclone caused massive flooding in the state, leaving a lot of people without power. Stream Cares donated cash fund to the victims, and they also mobilized their units to collect donations such as clothes, sanitary products, relief goods, and bottled water. Stream Cares continues to respond especially to disaster-hit areas within the United States.
Shervin Pishevar is a respected person in the industry, and he is likely to understand the market more than other people can do. He has been recording tweeting about the economy of the country and the way it has been behaving over the last few years. He did not only record the changes in the market but has some significant insight into the future of the market and what individuals should be prepared to face.
One of the key highlights of his essential information is that the value of the stocks will drastically change to the point that people will not be earning profits in the year 2018 due to significant changes in the market. He notes that 2017 was a different year where individuals enjoyed substantial profits from the market, which is something that they will not be getting this year.
According to Shervin Pishevar inflation has been cited as one of the significant factors that are causing bad trends in the stock market. People are struggling to meet their expenses, paying for goods and services, rather than investing in the stock market. The worst thing is that a significant number of individuals are choosing to sell their stocks to the willing buyer in the market because they want to get the money so that they can pay for their daily needs.
Shervin Pishevar wrote that poor government policies such as low investment in the country have been increasing the demand for goods and services from foreign countries which are leading to a significant imbalance in the balance of payment. There is the low employment of idle resources in the industry such that a substantial number of enterprises are not operating. The issue of low employment in the country is shallow as many people lack jobs, hence, cannot get sufficient funds to cater for their needs.
The bond market, which is purposely used in controlling inflation in the country, has since lost its effectiveness. Shervin Pishevar recordsthat there are other, other strong forces, especially those from other countries have been making bonds irrelevant and that only radical policies can be used in monitoring and controlling the prevailing inflation in the country.
If he was given a chance to go back in time and advise his younger self, Guilherme Paulus says he’d tell young Paulus always to be attentive to what others have to say especially the elders. In a recent interview, the Brazilian mogul let the world have a peek at his personal life. For instance, he revealed that he is a believer in God and as such, the first thing that he always does when he wakes up thanks him and then later writes down his schedule. He attributes his productivity in a day to this practice.
Guilherme Paulus also revealed that diversifying his portfolio has been the main secret ingredient to his success. By establishing in various markets, he has been able to grow his business massively, and today, CVC is now one of the largest tour operators in Latin America, while his chain of hotels known as GJP hotels and resorts is among the most popular in Brazil. He, however, goes on to prove that in every success story there are ups and downs and his is no exception by revealing that he once failed as an entrepreneur by not explaining what CVC was in France and also hiring Brazilians as staff in a country that speaks French thereby creating a language barrier, causing losses.
Even though he is the chairman and CEO of CVC today, Guilherme gives credit where its due by revealing that the idea to start CVC wasn’t his but that of his previous partner, Carlos. They began as a single store situated at a cinema’s exit, a factor that helped them grow their business as there was enough flow of people. Even though he was later left to manage the firm on his own, Guilherme Paulus has helped steer it to success through his unique leadership style. To improve his productivity as an entrepreneur, Guilherme Paulus visits different branches of GJP where he interacts with the staff and also clients thereby establishing relationships and at the same time learning from them what he can do to make his business better.
Guilherme Paulus recommends anyone seeking success in business to read a book known as the Greatest Salesman in the world. He goes on to add that Google has helped him become more productive and lastly, he dreams of making Golf a more popular sport in the country.
I’d like to highlight one of the most brilliant ideas for making money I’ve ever come across. I first stumbled into the story about David Zalik and GreenSky Credit on Forbes. I then found more information on Bloomberg, the Wall Street Journal and Wikipedia. I kept reading because David has figured out a way to make billions of dollars without any liability, risks or ownership.
Didn’t Finish High School
David was a math genius growing up. His high school identified him as gifted so they sent them off to Auburn University. He founded his first company in college at the ripe age of 14. This taught him incredibly valuable entrepreneurial skills which he was able to apply to GreenSky Credit.
The Auburn University company was simple enough. The math genius was able to build computers from scratch and sell them to students at an attractive price. The company began making so much money that he had to expand. He even dabbled in software before dropping out of school altogether. In fact, many high functioning entrepreneurs don’t survive the college experience because they’re making so much money.
Dropping Out Of College
The guy then went out on a limb for his new idea. He gathered up all of his family’s property in Georgia in order to use it as collateral for a $10 million startup loan. He then went to work on his most incredible idea — theGreenSky Credit app.
This simple app has allowed him to amass a $2.5 billion fortune. He’s not even satisfied with that much money. His idea revolves around the homeowner which is the most profitable demographic in the United States.
He crafted a brilliantlyeasy-to-use appthat connects homeowners with the financial products they seek in order to make home improvements. The app fills out most of the application with a scan of a drivers license. Approval takes place in seconds which puts contractors to work.
Contractors advertise the app to get more work. In exchange, they cut GreenSky Credit a portion of the profits. Traditional banks fulfill the loans and take all risks. In exchange, the banks share some of their profits. This gives the financial tech company no risk, no ownership and plenty of profits.
For any great and successful institution or enterprise, it is very significant for you to be aware that it is as a result long journey full of hard work. The most valuable asset of an organization is its talented people who are dedicated to work towards the success of the company. When reading anything about the Fortress Financial Group, the story can never be over without mentioning the one person, Gareth Henry.
Gareth Henry went to school at the University Of Edinburgh in Scotland, where he learned actuarial mathematics and completed his studies back in the year 2000. Immediately he was done with school, he started his career. While beginning his career he worked in the management research at the Watson and Wyatt for several years. He later on joined the wealth managers based in the United Kingdom, where he then became a product manager in the wealth managers’ multi-asset class division.
Having worked in the wealth management sector for quite a long period of time, it enabled Gareth Henry to gain deep knowledge and wide experience in the field. He joined the New York based Fortress Investment Group back the year 2007. The Fortress Investment Group had hired him to help the in marketing. His main roles were to establish good relationships with the company’s clients from Africa, Europe and the Middle East and also raising capital for the firm. He played his role well and after several years, he rose to ranks and became a top executive at the firm.
It is through Gareth Henry and other dedicated staff of the Fortress Investment Group that the firm was able to grow and become what it is today. Currently the company is an investment management firm with over seventeen hundred individual clients from different parts of the world. The firm also has over $ 70 billion of assets under management. Through his hard work in establishment of relationships Gareth created great ties to pension fund, sovereign wealth funds and insurance companies. Successful companies like the Fortress Investment are built step by step through efforts of dedicated and able employees with the traits of Mr. Henry Gareth.
Wes Edens, chairman and founder of Fortress Investment Group, joined forces with fellow billionaire businessman Nassef Sawiris to purchase a controlling stake in the football club Aston Villa in July. The exact percentage was not released but a report in The Times said it approached 55 percent.
The controlling stake was purchased from Tony Xia who was the majority owner of the club. He was reported to have sought fresh investment in the club after they were defeated by Fullham in the championship playoff final in May. The Times reported the club is losing upwards 5 million pounds a week and needs 70 million pounds to meet operating costs before the next season.
Wes Eden is also the part-owner of the U.S.-based Milwaukee Bucks basketball team. He partnered with Marc Lasry on that purchase.
In other news, Wes Edens’ Brightline Train made its inaugural voyage between Fort Lauderdale and Miami. The system is the first privately-owned and -operated venture of its kind in the nation and costs riders $10 for a one-way ticket. Brightline reaches average speeds of 80 MPH while driving on Interstate 95 averages a much slower 52 MPH.
Wes Edens said similar train systems would benefit other metro areas in the United States. Possible routes, he said, include rail transportation between Houston and Dallas, Atlanta and Charlotte, and other congested corridors where commuting by car is a growing hassle.
Fortress Investment Group was founded by Wes Edens in 1998 and has grown to become a $72 billion company. It is a private equity and hedge fund specializing in financial services, real estate, infrastructure, health care and other industries. It was sold in 2017 to Japanese conglomerate SoftBank Group Corp., according to the report in Wings Journal. Edens will remain with Fortress for five more years and remain in his leadership role. Billionaire Sawiris, Edens to Buy Aston Villa Soccer Club
Michael Hagele is a lawyer who is heavily involved in mountain biking. He took up an interest in this many years ago and he says that beginners shouldn’t have any problems taking this hobby up as long as they use the right equipment, have the right attitude, and are physically prepared for it. He says that once they get their feet under them in this hobby people can advance to higher levels of mountain biking. The highest level of mountain biking is called aggressive high-speed mountain biking which is an extreme type of sport.
Beginners can choose to attend a mountain bike skills camp where they will be taught all of the basics they need to enjoy mountain biking. He says that the best camps in the United States are located in the mountain West, California, the Northeast, and the state of Virginia. People can also learn by just starting to mountain bike in their local area with other people they know, especially someone with experience preferably. Read more about Michaael on Crunchbase
Michael Hagele says that there are a number of metro areas around the United States which have established mountain bike parks. These parks, outside of cities like Atlanta and Chicago, are groomed and each course has been graded by its difficulty. He says these parks are great for beginners because they can choose a course they know is easy which allows them to get used to things like changing gears and learning how to navigate the environment. They can also watch other bike riders and pick up tips from them.
In his work life Michael Hagele is an attorney who owns and operates his own law firm. He focuses on providing legal advice to companies in the technology sector. He has a lot of experience in this field including negotiating contracts, licensing, distribution, and managing intellectual property rights. He used to work directly for a number of different tech firms before starting his own business. He had also worked for a law firm called Fenwick & West LLP. He attended the University of Iowa in order to earn his bachelor’s degree and his law degree was earned at the University of California, Berkeley. See more:https://ideamensch.com/michael-hagele/
A University of Capetown trained Economist Ted Bauman edits “The Bauman Letter”, “Plan B Club”, and “Alpha Stock Alert” for Banyan Hill Publishing. The newsletters help readers protect their wealth. For 25 years Ted worked for non-profits like Slum Dwellers International that provide housing for the less fortunate.
Ted Bauman advises against keeping valuables at home or even in a safe-deposit box. Valuables stored at home are susceptible to loss from burglary, fire or natural disasters. For home storage keep valuables in a fire and waterproof safe that is bolted in place
Safe-deposit boxes have their advantages but, items in a safe-deposit-box are not covered by the FDIC. The bank and the government will both know the items exist. Rent a safe-deposit box from a foreign bank. The government cannot seize items kept in a foreign bank and the bank does not have to comply with US court orders.
With the exception of a court order, in the US private vault companies do not have to share your information with the government, . An independent vault in a foreign country puts your valuables beyond the reach of the government and the IRS. The downside is these vaults are expensive, and with the exception of New Zealand, you can’t open an account remotely. You will have to travel to the vault company’s physical location.
Ted Bauman suggests that people protect their finances with full-disc encryption. This is the one cyber-security measure hackers cannot defeat. The encryption software will not impede a computer’s performance and takes less than an hour to install.
Microsoft and Apple offer encryption tools, but Ted recommends programs like DiscCryptor which is open-source. Encrypting your hard drive means using a password to start your commuter. Instead of password Ted Bauman recommends a harder to defeat pass sentence.
Using services like PayPal, Google Wallet, and Apple Pay are safer than using credit or debit cards. Using Square Cash and SnapScan make cardless ATM transactions possible and eliminate the risk of card skimming. Pay close attention to your 401(k). The retirement accounts are a popular target for hackers.
In May of 2018 Jeremy Goldstein co-hosted a wine dinner in support of the Fountain House, an organization that helps people with mental illness. Mental illness has been deemed the great crisis of our generation by health professionals. Read more: Jeremy Goldstein | Ideamench and Jeremy Goldstein | Slideshare
It is estimated that over 450 million people around the world are affected by some form of mental illness. It has a severe impact on a person’s life such as finding a job, furthering education, having relationships and overall management of their lives. Learn more about Jeremy Goldstein: https://www.quora.com/profile/Jeremy-Goldstein-20
Unfortunately, some people with mental diseases harm themselves or others. The staff at Fountain House are working hard to change the negative outcomes associated with mental illness.
The Fountain House was founded by a small group that met as patients in 1944 and was originally called “We Are Not Alone”.
The Fountain House has an impressive success rate with its patients compared to the rest of the world. Over 42% of the organizations members are employed, compared to only 15% of the general population.
Dr. Clay Siegall is the CEO and also the founder of a Seattle-based biotech company known as the Seattle Genetics. In the year 1998, the firm made a deal with developing therapy drug especially for those types of mortal diseases that have not seen any improvements for a long time. Dr. Siegall has a BS in Zoology from the University of Maryland. Dr. Clay also has a Ph.D. in Genetics which he got from George Washington University. He has been in the lead with his firm in coming up with the very first FDA-approved antibody treatment conjugate. The other thing is that Dr. Siegall has led the company in developing a pipeline of over twenty drugs as well as partnering with other manufacturers of drugs such as Pfizer, Bayer, and Genentech including others.
With the leadership of Dr. Clay Siegall, the Seattle Genetics has grown from just a small startup to a very powerful player in the space of cancer research. Dr. Siegall continues to add that he has a lot of plans ahead for this firm as there are several drugs in the pipeline and the potential indications for the drugs are in the increase. This places the firm in a better position in the industry of drug development. He believes that the ancient ways of treating cancer are in some days going to find a place in the dustbin. The therapies he says will be succeeded by new and more effective and tolerable targeted drugs being developed.
According to a recent interview, Dr. Clay Siegall started the firm due to his passion for medicine, technology and the need to restore people’s health especially those who are relegated to die. His first interest was in the treatment of cancer while he was in University of Maryland when one of his relatives got cancer and almost died as a result of chemotherapy. After he came to know that there were other forms of treatment, Dr. Clay put in his mind that there must be other better ways of dealing with these mortal diseases. He adds that money also contributed to him starting the business.