Category Archives: Business Expert

The Swift Rise of Kevin Plank’s Under Armour Company

Kevin Plank has proven to be a businessperson of his own. He has brought out another angle of conducting business and the spirit one needs to have as a determined businessperson. Having sold rose flowers to lovers, especially on Valentine’s day and T-shirts to those who attended concerts, plank decided to launch a company that produces sportswear. He started a company called Under Armour in 1996, and for the past 23 years, it has accorded him great glory in the business world. The idea of beginning Under Armour was preconceived by Kevin Plank when he was playing football. He felt like being too heavy and sweaty in the shirts that they wore while playing and decided to come up with t-shirts whose material could always remain dry and light. After assessing several cloth materials, Kevin chose microfibers that make women’s undergarments.

He withdrew all his savings of $40,000 to produce a prototype of the T-shirt, which was skin tight and had the openings on the diaphragm. Plank gave the t-shirts to his former teammates who played in them and became so happy that they made them feel cool and light. They promoted it to other teams who came to purchase them. In that year, 1996, he made sales of $17,000. In 1997, after several people had used the t-shirts, most of them proposed that Kevin Plank make them warm. He went back o the drawing board and came up with two products called ColdGear and AllSeasonGear. The t-shirts here were long-sleeved and warm, which made the users happy.

Kevin Plank moved the company to Baltimore in 1998, where his friend connected him to a costume designer to supply the products for movie actors in a move to feature in the NFL. He won the deal and provided all the costumes that the fictional Miami Sharks wore in the movie. He also put an advert in ESPN magazine at the cost of $25,000, which attracted 8,000 responses and shot the sales up to $800,000. The brand became so popular, and the sales increased hugely to $5,000,000. Later, in 2001, the company was now the official supplier of NFL outfits and other companies like MLB. Under Armour became so famous that it even increased the stock price. They also added other items like shoes for athletes, moisture-wicking men’s underwear, women’s sports bras, and umbrellas. The company profits, as at the close of business of 2018, stood at $3.5 billion.

Randal Nardone: The Man With The Financial Plan

Randal Nardone is one of few men who are behind the foundation of the Fortress Investment Group. This man has been associated with the management committee for over 20 years. Another interesting fact about him was four years ago when he ended being part of the board of directors. Between Late 2011 and Mid 2013, this man became the interim Chief Executive Officer. Roughly a month, this man became appointed. Before he was one of the co-founders of Fortress Investment Group, he was working with a law firm called Thacher Proffitt & Wood, he was the leader in a company called BlackRock Financial Management, and he was directing the management of UBS.

Randal Nardone is affiliated with many companies such as Drive Shack Inc., TPW Management LLC, Forbes, and Newcastle Investment Holdings. With his successful leadership, Fortress has profited in over $70 billion and has worked with over 1,800 clients. Randal Nardone continues to give his at Fortress, where he and three other leaders grow rapidly and continue to invest about 50% of their assets towards the market. To this day, this gentleman truly believes that he help the company grow into a much higher success at Fortress. He also believes that the core values at Fortress will expand to a point where the company can not only bring in more clients but more investors as well.

Forbes has ranked him in the top 600 for Forbes’ Billionaire List. Sure, he may not be in the top ten or top 100, but being in the top 600 is good for him. However, he still believes that he can be ranked even higher with a little bit more commitment and enthusiasm to the industry. Here is a fun fact for you. Randal Nardone’s journey first started when he studied in English and Biology and received a Bachelor of the Arts Degree at the University of Connecticut. Randal Nardone then studied Law at Boston University School of Law, which is where he earned his Juris Doctor degree. Learn More.

Michael Nierenberg and Securities Nowadays

Is there a soul on the planet who has a mind that’s more analytical than that of Michael Nierenberg? Michael Nierenberg is without a shadow of a doubt a rare type of person these days. He’s a “nonstop” professional who has a schedule that would make most people feel rather nervous. Visit Newresi.com to know more about Michael Nierenebrg.

He’s a sought after executive who knows a lot about how to interact with fellow people who are part of the business sector. Dealing with others artfully isn’t something that’s ever hard for this man. Michael Nierenberg doesn’t squander time pondering what to say or do. He simply utilizes his brain and all of its advantages. Read more at Reuters about Michael Nierenebrg.

Michael Nierenberg delves into the vast subject of servicer advances investments all of the time. People who want to find out about securities can get a lot out of simply taking in his commentary. Michael Nierenberg knows how brilliant investors can make securities move in their favors. He has meticulously analyzed the actions of some of the most admirable investors that are on the scene at the moment. Returns may seem elusive to many people who are investment newbies. Newbies who are trying to get traction can often get inspiration from Nierenberg’s concepts.

Check: https://patch.com/new-jersey/oceancity/mike-nierenberg-thinking-outside-bank

 

Niranjan Shaw Creates a New Pace for Philanthropy

Niranjan Shah is a CEO who is based in the city of Chicago. He has long been known as the head of Globetrotters Engineering Corporation. This is a company whose purpose is to provide a whole new level of engineering and architectural excellence. The company has long been known as one of the foremost firms in the Chicago area.

Niranjan Shah has won many awards, both in the city of Chicago and elsewhere, for his contributions in these vital areas. However, he has also recently become known for another, quite different, branch of activity. His charitable and philanthropic activity has won him a whole new reputation as a man of serious intent and personal worth.

The acclaim that has come to Niranjan Shah from progressive social quarters has been very welcomed. He has responded by redoubling his efforts. Niranjan Shah has always been a man who believes in giving back to his community. This is a concept of good work and bridge building that goes well beyond the mere city of Chicago.

Niranjan Shah has won acclaim as a company CEO for many years. This has been the bulk of his life so far. But he has recently branched out to support a myriad of charitable and political causes that go well beyond his identity as a man of success in the world of business. These are causes that continue to mean a great deal in his personal life.

Niranjan Shah has set a new example of how a progressive and charitable man of business should conduct himself. For this reason, he has continued to find success in the world of business in Chicago and well beyond. His charitable work is renowned in the city and in the nation as a whole. This is work that shows no signs of abating.

Learn more here https://www.slideshare.net/niranjanshah/globetrotters-a-chicago-company

David McDonald: Acquiring A Global Business

When it comes to expanding their business, OSI Group is known for flexing its muscle in buying processing plants that would help cement their business as a global force to compete with. David McDonald has to be proud of the fact that he acquired Baho Foods so that they can most of the territory, which includes 18 European countries. Of course, there are still people who work for that Baho Foods that want to still be part of what the company is doing when it comes to making the customers the priority. That’s a good thing because it keeps people employed and is great for the economy. Learn about David McDonalds at IOWA  States University Foundation.

John Balvers, who is the managing director wants to stay with the company to help become the success that it should be. OSI Group has always brought good quality food to the consumers, and Baho Foods will be part of that in a big way. Since they are mostly for retail and deal in snack foods, David McDonald looks to make the acquisition he purchased better. These countries are in for a much improved way of garnering their snacks thanks to this company buying out the other. They can look to have a better and productive plant that gives out more than what they are used to getting. Plus, there will be new items that the consumer will enjoy that they never thought they would have.

David McDonald did a very positive thing here by buying Baho Foods. This helps the global economy and puts OSI at the forefront as the true competitor to beat. With the fresh quality food that they are known for, that will be hard to do. There are more companies that may do a buyout in the future with OSI Group and will do a better job of succeeding as a result. David McDonald has plenty to celebrate because he knows his company will be around for ages to come. His business moves are definitely solidifying what it means to be a powerful global business. You can bet on this company having constant growth in the market. Read More: http://www.fooddrink-magazine.com/index.php/articles/producers/1308-osi-group

VJ Eswaran Offers Sage Advice on Gig Economy at World Economic Forum

There is much buzz these days about the emerging “gig economy.” That refers to the kind of jobs that people take on in their spare time, or as a supplement to their regular jobs – although some people are employed full time in gig economy work.

Gig economy jobs are characterized by being temporary, handled by freelancers and those who don’t like the idea of holding down a traditional 9 to 5 job where they have to be physically present in a cubical Monday through Friday.

Examples of a gig economy job might be driving for Uber or earning some extra cash by renting a room in your home via Airbnb. But millions of gig jobs are accessed online. For example, a freelance writer can accept one-off assignments writing SEO articles or authoring longer manuscripts or technical documents for a variety of clients.

International businessman and founder of QI Group, VJ Eswaran is keenly interested in the implications of the gig economy. He points out that the gig economy is especially attractive to millennials. That’s critically important because millennials are expected to comprise 75% of the global workforce by 2025.

Speaking recently at the World Economic Forum, VJ Eswaran reminds his fellow business owners that half of the jobs available today will become obsolete in just a few short years thanks to AI and automation. It’s already happening at a rapid rate, Mr. Eswaran said.

VJ Eswaran said that both governments and private businesses must be deeply concerned about the consequences of giving over millions of jobs to machines while real people find themselves adrift in the Brave New World of automation.

But he believes at least part of the answer is the gig economy. VJ Eswaran said people need work — and not just to earn money. They need something to shape their lives and give them focus and meaning every day. Working gig jobs can do that – but challenges remain. For example, gig jobs still don’t pay as well as traditional jobs or provide benefits like health insurance and retirement plans.

These are the kinds of issues business leaders must confront with a sense of urgency, VJ Eswaran said.

Sujit Choudhry Uses Scholarly Excellence For World Peace

Sujit Choudhry and George Anderson have used their intelligent political minds to co-author “Territory and Power in Constitutional Transitions”. This is a compilation of 17 case studies that address many circumstances and instances of territorial cleavages and constitutional law-making processes. The studies can be used by many scholars and world leaders in order to learn more about the current political situations of areas like Myanmar, Yemen, and Libya. This information can be very helpful because of the ability to properly adapt and reinforce law and policy. Scholars and activists should take advantage of the information that is included within’ the text to help create a governmental basis that can function properly with constitutional geometry.

This text explains the countries’ circumstances and processes as they undergo constitutional transitioning. Multiple different governmental types and sizes are mentioned as well. For example, small territories, multi-communal countries, and politically stern regions are also included. Iraq, Kenya, Nigeria, Sri Lanka, Spain, and other territories are particularly mentioned throughout the text with an appropriate amount of detail. There is also a policy paper that was published by Sujit Choudhry and George Anderson that can be used as an accompanying read. The policy paper is published with the same name and serves to provide more insight into constitution-making processes and territorial boundaries. There is also expert advice from the authors that can be used as comparative or direct research for multiple different governmental situations.

Sujit Choudhry is a very accredited author who has undergone studies at some of the most accredited Universities like McGill University, the University of Oxford, and more. During these intense studies, he was able to acquire a bachelors and masters degree of Law. Choudhry continues to advise nations with his political wits and accredited insights. His books and other publishings greatly are appreciated and applied.

Find out more here https://academic.oup.com/icon/article-abstract/17/2/461/5523743

Man with a Plan- Wes Edens

Born on October 30, 1961 in the United States of America, Wesley Edens is an American by nationality.He acquired a B.S. in Finance and Business Administration from Oregon State University in 1984. Wes Edens is a private equity investor and hedge fund manager and a businessman. The initial days of his career(to be precise, around 1987) was spent at Lehman Brothers where he was a partner and a managing director.In 1993, he then switched his gears towards BlackRock’s private equity division’s BlackRock Asset Investors where he worked till 1997. Finally in 1998,Wes Edens along with four other principal partners found Fortress Investments. In February 9,2007 Fortress was the first publicly traded buyout firm through initial public offering.

By 2009, Fortress successfully sold 8% share to public for $6oo millions.Later, in December 2006, Nomura Holdings (Japanese financial holding company) 15%of Fortress for $888 millions resulting in making Wes Edens and his partners paper billionaires. In 2009, he became the co-chairman of the board of directors of Fortress.He has had a great share of involvement in the acquirement of Springleaf Financial Services which eventually led Fortress to become a major stakeholder in Springleaf. Eden along with Marc Lasry have also bought the Bucks of Wisconsin from Herb Kohl for $540 million in 2014. This self made personality is anticipated to take home $54.4 million per year. His whooping take home pay includes $13.4 million from Fortress Investment Group as annual total compensation and around $41 million in dividends. He comes under the list of “Very High Earning Private Equity Executives” as well.

Fortress Investment Group of which Wes is the co-founder has happy and satisfied employees according to the various reviews of the company by many of its employees in various online websites.The company is explained as a fast pacing company which challenges its employees and at the same time recognizes the hard work that one is putting into the company. The company is dynamic in nature and encourages its people to move briskly with time.Even those who have worked there for a short period of time mention their time in the company being fruitful and worthwhile.People working there find their workplace having high energy and giving them that adrenaline rush towards their work.

Learn More : https://gazetteday.com/2019/03/wes-edens-expands-his-sports-holdings-with-purchase-of-english-soccer-club/

Jose Auriemo Nieto a Player in the Field Set to Win

Having been exposed to his father’s business activities, and after graduating from Fundação Armando Alvares Penteado (FAAP) University in São Paulo, Jose Auriemo Nieto came into the business world in 1993 with a knowledgeable right hand to continue the enterprise his father was leading. He immediately started the group’s services department by creating the parking lot management company Parkbem. He is presently the chairman of the JHSF Participações SA, the company created by his father, and has successfully led its activities toward the creation of office buildings, hotels and private developments.

Jose Auriemo Nieto contributed to enhance the achievements in the real estate endeavors for JHSF Participações SA. by moving with a clever touch into the field of retail, signing exclusive partnership agreements with Hermès, Pucci and Jimmy Choo. He moved forward to open luxury brands first retail outlets in the JHSF-owned Cidade Jardim shopping complex and launched the Valentino and Red Valentino stores in Brazil by making a tight bond and creating a partnership with Valentino.

At this point Jose Auriemo Nieto has created a name of high respect for himself and his company in Brazil. Name which is transcending to other countries exposing his incredible record of successful actions. Included were those bold actions taken during the recession which held up a lot of business leaders and in spite of it he came out unscathed winning and with more profits for his enterprises.

Felipe Montoro Jens and Rio’s Private Sector Growth

Many countries including some developed nations have recently began questioning infrastructure as well as how well developed their child education networks are currently. Specialist in Projects of Infrastructure, Felipe Montoro Jens has been covering and very involved in this process taking place in Rio de Janeiro for some time now. Currently one of the Public-Private Partnerships designed by the municipality of Rio has it’s sights set on the expansion of the city’s child education network. This expansion includes development of the construction, maintenance, and services of educational equipment within the city. Read this article about Montoro Jens at empresassa.com

This expansion not only will benefit the children in need, but it will also create an abundance of jobs for those involved in the construction as well as the finished design. Covering everything from infrastructure to school lunch, this growth is needed to cover those within areas affected. Currently slated to create 20 thousand new places in day-care centers, and 40 thousand new places in pre-schools by 2020, this project is a major move in the private sector. Currently the IFC is responsible for the consulting services and the implementation of the city nursery and pre-schools network through a Public-Private Partnership. The International Finance Corporation was hired for R $2.3 million and is the largest private sector development which focuses on private sector in many developing countries.

The current mayor of Rio de Janeiro, Marcelo Crivella, has made his commitment to the education sector very clear, by reinforcing the numbers. The goal of creating 20,000 new day-care establishments and 40,000 new places in pre-schools has garnered much support for the 2020 completion date. Felipe Montoro Jens has covered the administrative concession agreement that is signed between entities of the public administration. The PPP were created by Law No. 11,079 in December 2004. Establishing general rules for bidding and contracting of PPPs, it is still in effect to this day.

Read More: https://www.terra.com.br/noticias/dino/veja-com-felipe-montoro-jens-a-historia-do-processo-de-privatizacao-no-brasil,4d1cfee159791826fd7c00be88ff5defx4uhd4g6.html