Mindless Wanderings

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Mindless Wanderings

Category Archives: Business Leaders

The simple successes of Vijay Eswaran

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In many cases when an entrepreneur becomes a global success there is some sort of new technology or high end application for their company. When we look at only these cases it can seem as though it’s impossible to achieve any real success in business without some sort of amazing new invention or tens of millions of dollars in start-up capital.

Vijay Eswaran now Worth or 500 million dollars, shown us that this is not always the case. With a portfolio mostly simple products, the QI group has grown tremendously over the past 20 years, I will grant him the opportunity for people to share in its success as a partner.

In 1998 the QI group began selling commemorative coins as its primary enterprise. While they saw some success initially, they saw true growth when they became the official provider of commemorative coins for the 2000 Sydney Summer Olympics.

It was from this bit of networking in marketing that the QI group was able to become a global phenomenon. The quality of the products were recognized by FIFA, and and the coins are now distributed 89 different countries for the World Cup.

From here the QI group took on many more simple Ventures. From jewelry and other luxury goods to consumer electronics, under Vijay Eswaran’s leadership the company has continued to grow consistently.

When asked about it, Vijay Eswaran summed up his success in a few simple words. For him the the value of networking was absolutely critical. Working with partners at the Olympics he was able to provide a service that they didn’t know that they needed.

This individual level of attention created a an opportunity to not only become profitable but also gained recognition internationally. If it was not for this one simple deal start there may not be a QI group today.

For him what’s most important is recognizing opportunities and taking them. An idea doesn’t to be completely unique and the market doesn’t have completely open. Good ideas and good businesses will thrive even in the face of competition.

Learn more about Vijay Eswaran:

https://ideamensch.com/dr-vijay-eswaran/ and http://www.qbuzz.qnet.net/blog/2016/01/26/qnet-founder-vijay-eswaran-speaks-world-economic-forum-2016/

Larkin & Lacey: Your Voice, Your Weapon

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One too many people have been admonished, beaten and jailed for fighting for human rights. With graft and inhumane treatment being a common aspect of society, only the bold and fearless stand up to people promoting the violation of civil and human rights.

It all starts with a small group of activists who do research on communities and initiate mass action to resolve issues affecting human rights. Learn more about Jim Larkin and Michael Lacey:  http://www.azcentral.com/story/news/politics/immigration/2014/12/16/proceeds-arpaio-suit-fund-asu-journalism-chair/20480479/

You would expect that in a country with well-stipulated laws, people in government will heed to the Constitution. It is a shame that many of these laws are not followed. The ugly effects of racial and gender discrimination are still felt.

Moreover, the media is still facing intimidation from influential personalities. Several organizations have been established in respect of human rights. Their influence is not only felt in the United States of America but also the world as a whole.

The Lacey and Larkin Frontera Fund

In Phoenix, the state of Arizona, two journalists, Mike Lacey and Jim Larkin, were arrested and jailed by a county sheriff by the name Joe Arpaio. Their detention in the year 2007 came after writing incriminatory articles on the sheriff with regards to graft and the poor state of affairs in the county. Read more: Michael Lacey | Crunchbase and Jim Larkin | LinkedIn

The journalists highlighted how the county sidelined Latinos, mistreated inmates and how the sheriff mismanaged county funds. The county sheriff did not take the matter lightly and went ahead to issue an invalid grand jury subpoena to coerce the journalists to reveal particulars of the article.

The sheriff even went as far as demanding for a comprehensive consumer portfolio of the Phoenix New Times, where the article was published. The other inmates instigated an outcry that culminated into a national public demand for the release of the journalists.

The public outcry sensationally led to court hearings at the Ninth Circuit Court of Appeal which proved the journalists’ innocence, beyond any reasonable doubt. Furthermore, in 2013, they ordered the Maricopa county to pay them a whopping 3.7 U. S dollars as a settlement.

Lacey and Larkin have helped the Hispanic community, in particular, the Mexican immigrants, to seek justice from racial discrimination. The duo still supports small organizations that advocate for human, civil and immigrants’ rights.

Conclusion

Thanks to these great personalities, democracy has been taken a notch higher. Governments are keen on delivering justice and keeping the law through relevant authorities. The citizens feel encouraged that they can rely on the rule of law and that their voice is indeed heard.

 

Equities First Holding’s Records An Increase In Clients Seeking Stock-Based Loans To Finance Their Ventures

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In recent years, it has become quite difficult to acquire a loan using the traditional method that uses a credit score. If one is a first-time borrower, it is automatically harder to get a bigger sum of money. Most banks and lenders consider such customers to have high risks. Besides, most banks have redrafted their terms and conditions with increased the interest rates and required qualifications. However, it is not impossible to get money through alternative means. Margin loans and stock-based loans have rapidly gained popularity for their affordability. One such company that has recorded a rise in those transactions is Equities First Holdings, in the United Kingdom and more information click here.

The chief executive officer of Equities, Al Christy Jr., stated that the firm has transacted more stock-based loans in recent years since the method is a genius way to cater to customers who do not have the required credentials for credit-based loans. Christy explained that Equities’ stock-based loans have a high loan-to-value ratio of 50-75 percent, and a fixed interest rate of three to four in percentage. In the case where a client decides to abandon the transaction midway, further responsibilities by the customer are put to halt. Stock-based loans allow the borrower to retain the loan’s profits even if the collateral stock depreciates. Unlike a margin loan, the stock-based one does not restrict one to use the money in an endeavor specified by the lender and what Equities First knows.

Equities First Holdings specializes in processing alternative loans by using a customer’s stock as collateral. The international firm has branches in four nations and is open to using publicly-traded stock from anywhere in the world. Equities values its customers and maintains integrity in all transactions as is evident in all the 650 deals it has transacted since its establishment. During every procession, Equities employed legal professionals to provide advisory and returned the customers’ collateral. Al Christy stated that his firm has the dedication to give clients excellent services at affordable rates and Equities First’s lacrosse camp.

More Visit: https://bloghelpline.com/notable-achievements-equities-first-holdings-llc/

Is Alfonso De Angoitia Noriega Good For Grupo Televisa, S.A?

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Mexico has numerous prosperous media firms. Its most notable one, however, is the Grupo Televisa, S.A. It is so big that it dominates the media scene in Mexico and perpetually, the company competes intrinsically to keep up with the pace it already set for the Mexican people and markets. It competes with the standards it sets for itself. Just like all other media firms in Mexico, Grupo Televisa, S.A. communicates primarily in Spanish.

More than half of the Mexican people rely on Grupo Televisa, S.A. to supply them with critical information and entertainment. The company is well known for its stellar reporting and impeccable presentation. Also worth noting is that the company has over the decades made massive investments in its television and print networks. It owns the biggest Spanish-language printing press in the world and four television broadcasting networks. The company’s capacity is immense and dangerous. It broadcasts over 225 Mexican television thus reaching over 90 percent of the Mexican people.

Apart from exerting its presence among the people of Mexico, Grupo Televisa, S.A. has also won them over and enjoy the largest preference among Mexicans. One of the reasons why Grupo Televisa, S.A. enjoys 70 percent of Mexico’s total viewership is the 50, 000 hours of telenovelas it offers the people annually. Telenovelas are a sensation in Mexico, and any media firm that treats its viewership to high-quality telenovelas is always listened to there.

One of the main reasons behind Grupo Televisa, S.A.’s dominance in the Mexican market is its leadership. The current Executive Vice President, Alfonso de Angoitia Noriega, has been at the company’s service for a long time and had over the years proved he could be relied on to maintain the excellence which he greatly contributed to building. He joined Televisa’s leadership back in 1997 when he joined its executive board and was elevated in 2009 to the chairperson of the company’s finance committee.

Alfonso de Angoitia Noriega was originally an attorney who helped found a prominent Mexican law firm called Mijares. He got affiliated to Televisa after he brought in Emilio Azcárraga to the Mijares and served as his personal attorney. Mr. Emilio Azcárraga, the current CEO at Grupo Televisa later came to benefit from the financial prowess of Angoitia after convincing him to work for the media company.

Find more about Alfonso de Angoitia Noriega: http://datosrelevantes.com.mx/alfonso-de-angoitia-noriega-datos-relevantes/

Bruce Levenson Joins the Nonprofit World

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In 2014, reports Forbes, Bruce Levenson, an influential businessman decided to sell the Hawks Basketball team. After successfully selling the team, Bruce ventured into the nonprofit making industry. Reports indicate that he has been seed funding the Do Good Institute at the prestigious University of Maryland.

The Do Good Institute is an initiative that is unprecedented by the higher education world. The institute was established with the primary aim of reaching students who were at the undergraduate level at the popular University of Maryland. After identifying the students, the organization would then expose them to the volunteering and nonprofit making world. The main idea here is to create a wave of nonprofit business leaders and transform them into people who are competitive just like their counterparts in the profitable private industry. Since it was established, the program has seen a tremendous change.

In an exclusive interview with Benzinga, Bruce Levenson says that over the last years, he had discovered that most of the amazing organization was led by extraordinary individuals just because they fell short of getting their mission. According to him, these people didn’t have the skills required by a professional so that they can be successful.

After this great discovery, Bruce and his wife went to the University of Maryland where they decided to implement it. The wealthy couple decided to seed the initiative by giving seventy-five million dollars. The University of Maryland is believed to have donated the additional twenty million dollars needed to make everything successful. The classes are known as philanthropy 101 and they equip the students with the knowledge they need in the nonprofit making world. The initiative was introduced in the year 2010, and it has done well at the University of Maryland. The school hopes that it will transform the society to make it a better place for everyone.

Ref; https://www.nsf.gov/staff/staff_bio.jsp?lan=blevenso

LEGENDARY PROPRIETOR MIKE BAUR

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Mike Baur was residing in Fribourg in Switzerland in his younghood though he still has a connection and keeps in touch with the society that brought him up during those days. As a young boy, back in the upcountry, he had a dream of becoming a banker. He was indeed quite personate about his dream and worked hard to make his dream career become his profession.

For two decades, Mike was an employee at Swiss Private Banking where he started his career as a trainee in the commercial industry at Clariden Leu and UBS before rising in ranks at UBS to becoming a member of executive management board of the great Swiss Private Bank. This milestone was a significant achievement.

In the year 1992, Mike was part of the bandwagon that teamed up with a bigger dream of starting Scan Source company. He held different positions in the company from1992 to 2007. He was the president and the CEO from inception to 2007, and a member of the board of directors from 1995. The company started as a small firm before tremendously growing into a wealthy international company with employees amounting to 2100 and 45 offices across Europe and America. The company made sales of up to a whopping 3 billion US dollars. This made Scan Source company be ranked among the 1000 largest companies by revenues authority in the United States. The company has its headquarter in Greenville.

In the year 2014, Mr. Baur left UBS after accumulating a wealth of experience in the senior position and spent much of his time in entrepreneurship dealings of startup companies. This saw him start Swiss Startup Factory, leading independent private company, at an exceptional age of 39 years in partnership with Max Meister and Oliver Walzer, the ICT Startup Accelerator in Switzerland. In January 2016, Swiss Start-Up Company merged with CTI Investment before joining hands again with Goldbach Group and Fintech Fusion later that year. With this new mega-merger, Mr. Baur was the assistant managing director.

Mike spends most of his time in entrepreneurship programs for the youths and gives back to the society in different ways. Mike assists the community financially by digging into his pocket, and as a mentor by giving his valuable advice to upcoming Startup companies so that they can also make it to the top and make lucrative sales. He does this in his three-months startup accelerator program in Zurich.

In conclusion, it is also important to remember that the Mike holds an MBA from the University of Rochester and an honorary from the University of Bern. This with his unbeatable experience and entrepreneurial network across Switzerland deserves him a standing ovation.

 

Josh Verne’s Actionable Tips for Shining in Business and Life

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The desire to succeed is a virtue shared by most people irrespective of their origin or lifestyle. People have their own definitions of success. Some will equate success with having a caring and faithful spouse or a responsible parent while others will define success as having wealth, power, fame, and power. It takes hard work and strategic planning to be successful.

 

  1. Offer reliable leadership

 

Never try to act like a boss – bosses usually leverages their titles to achieve their goals.

 

  1. Go for the deal that favors you

 

Do not try to please people by settling for less or going for a deal that is a win-lose. Your success translates into success for your clients.

 

  1. Be a keen listener

 

Make yourself a leader by speaking less and paying attention to what others are saying. Make your words powerful by speaking less.

 

  1. Live a well-balanced life

 

Do not focus on accumulating wealth and ignore your health and family. Make sure that you are growing in every aspect of your life.

 

  1. Do what you adore

 

Find something that you adore and be the best in it. Your chances of succeeding are high when you venture into exciting areas.

 

Josh Verne

 

Josh Verne is a force to be reckoned with in the corporate world. He has an extensive entrepreneurial and executive experience of launching and developing top-notch multi-channel businesses. He established FlockU, a mobile platform through which college students can share and access valuable information on both curriculum and co-curricular matters. The platform features viral content, expert opinions, and explainers on a broad scope of topics, including sex, sports, and exam.

 

In 2012, he teamed up with his close friend Jon Dorfman and unveiled workspays.Me, a remarkable online marketplace that takes off purchases from the payroll. In 2014, Verne sold the company to Global Analytics Holding. Today, Verne is a renowned name in public speaking circles. He offers actionable insights on how to succeed in areas of wealth, relationships, wealth, and personal growth.

The Charity undertakings of Antony Petrello

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Antony Petrello currently works for the Nabors Industries as its chief executive officer. He has been holding the position since October 2011. The Nabor Industries is one of the branches of the Nabors Exchange co, which is a Canadian company. Mr. Petrello has been an employee of the company since 1991, and he once served as its chief operating officer. He was the deputy chairperson of the Nabors Industries Limited since 2003 to 2012, and the company appointed him in 2016 to serve as chairman.

Mr. Petrello has adequate knowledge and experience in carrying out various activities of the company since he has served it for several decades. Anthony Petrello’s leadership skills is one of the factors that made him be promoted to be CEO as soon as the position was vacant. Anthony has been an excellent administrator of the company since its share price has risen by 180 percent during his time in office. He has been associating well with various stakeholders of the enterprise, and therefore, has built healthy relationships with them. His interactions have facilitated the growth of the oil business. Petrello was the United States’ top paid CEO in 2013. The company raised his salary between 2012 and 2013 to make it $68.2 million.

The Nabors Industries CEO is also a generous person who has been giving back to the community by funding medical care for children. He is dedicated to ensuring that all children get the best health care. Antony has a daughter who suffers from a disorder, and this has been his driving force to assisting other people. Cindy, who is his wife, gave birth to their daughter when she was only 24 weeks pregnant. His daughter is called Carena, and at birth, she weighed less than a pound. The hearts of the couple were broken since they both had different plans for their child’s future. The girl is currently disabled, and she depends on someone else to feed and move. Petrello is an active person, and he opted to learn more about the neurological defect and also donate when he was able. Anthony Petrello and his wife have given approximately $7 million to the Texas Children Hospital and is also one of its trustees.

Keep Reading: Why Nabor’s CEO Won’t Top Best Paid Bosses Again in 2014

New Chairman Takes the Helm at Capital Group with Huge Approval

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Tim Armour was recently elected Chairman of Capital Group, by its board of directors. Capital Group is one of globes leading investment management companies in existence. They are the home to American Funds. Tim was Chairman of the groups management committee and their research arm. Tim will continue as the leader of the firm’s management group to set business strategies going forward. The passing of Jim Rothenberg, the former Chairman, has called for rapid changes in recent positions within the firm.

Tim claims that it is the collective strength of Capital Group that has allowed the company to achieve its mission of providing superior, investment results to the company’s clients and investors. He has 32 years of experience in the investment industry, all of it with the company. He started out in the company’s Associate program and moved up to Equity Investment Analyst. He specialized in global telecom companies and the U.S. service companies.

Armour is pleased with the track record of the firm’s stock pickers. His philosophy is, “we will get you better returns over time.” This principal has brought him great success throughout his career in the investment industry. Tim believed in 2015, that the economy was not growing as it should be, and that the Federal Reserve was going to increase interest rates soon. He claims that near-zero rates will eventually become a major risk for investors.

Capital Group is based in Los Angeles, Ca. The firm manages over $1.4 trillion in assets. Before taking over as Chairman of the firm, Armour worked closely with Jim Rothenberg, on in-house research that shows the benefits of certain types of active fund management. The company has recently enjoyed improved long term results for many of its funds. Tim Armour claims that active managers can typically outperform the markets, with the right strategies.

At the end of 2016, Janet Yang, CFA said that Capital Group made a great choice by selecting Tim Armour as Chairman. She says he has the ability to see business needs and demands well in advance of them coming to market. This should be a great advantage to the clients of Capital Group.

Keep Reading: You Don’t Have to Settle for Average Investing Returns. Here’s Why

 

 

Sam Boraie Continues to Focus on Revitalizing New Jersey’s Cities and Charity

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Real estate businessman Sam Boraie is continuing their family tradition of revitalizing New Jersey’s cities. Sam Boraie is one of the key leaders of Boraie Development, a firm founded by Omar Boraie, his father. Sam Boraie has been involved in their own family business for many years. Sam’s main focus over the years has been finding new development targets, and he is currently one of the many vice presidents in this organization. Other major leaders in this business include his younger sister, older brother, and several other family members. Furthermore, Sam Boraie is the contact person for the current development sites and building acquisitions, and that includes construction of that his father purchased in New Brunswick through their family business Boraie Development.

Boraie Development is a leading development company in the U.S. The New Jersey-based firm has put a significant amount of their resources in New Brunswick and has already come up with a comprehensive plan to revitalize this city completely. By now, they have developed many facilities that are now luring many small businesses and individuals to the city. But these projects are just the start of the firm’s plans for revitalizing the city.

Read more: The Visionary: Omar Boraie has seen the potential of New Brunswick for four decades

Sam’s father made up his mind that buildings along the main artery in the city of Jersey would make the best residential and commercial sites. Sam Boraie opened many first-class office buildings. One of them is Albany Street Plaza Tower One that he opened in 1988. The other is Albany Street Plaza Tower Two in 2003. After attracting experts to New Brunswick, Omar Boraie developed One Spring Street condominiums to cater for the housing needs of the experts building Albany Street Towers.

While Sam dedicates a lot of his time to the family business, he is a key stakeholder in several charitable causes such as the State Theatre of New Jersey.

As a community-minded philanthropist, Sam Boraie is both a trustee of the State Theater in New Brunswick and a great supporter of the theater’s artistic and educational programs. At the State Theatre Benedict Gala in 2014, where Sam was present, their development company was recognized as a corporate honoree. Sam serves on the board of trustees together with several other businesspersons. The State Theatre puts on many different productions annually in New Brunswick and New Jersey. This organization depends mainly on charitable donations, a significant portion of which comes from Sam Boraie himself, other members of the Boraie family, or the development firm.

Sam is also involved with a charitable organization that strives to fight and defeat poverty particularly in and around communities in New Jersey, Elijah’s Promise. The top objectives of this organization include preventing hunger, empowering people to get reliable and sustainable employment opportunities, creating businesses that promote social benefits and providing hygienic and nutritious foods. Sam Boraie also serves on the board of directors of Elijah’s Promise and takes part fully in the planning for future projects. Sam’s efforts to improve people’s lives is already bearing fruit.

Read more about Sam Boraie on StateTheatreNJ.org