24 May

Randy Ray and Wendy Lewis create health and beauty powerhouse

Randy Ray and Wendy Lewis were long known as two of the most prolific entrepreneurs in the North American direct-selling business. After having founded a large number of successful firms, the couple had become legendary as well as very wealthy. In fact, by their mid-30s, Ray and Lewis had already amassed a large enough fortune to ensure that they would never again have to work. But they continued doing so out of the pure rush of creating great companies and their own drive for excellence.

But as the couple approached their 70s, they thought that they would finally give retirement a try. Now with a number of grandkids, who they loved to spend time with, Ray and Lewis thought that spending more time with family and with each other could only be a good thing. However, the innately driven couple didn’t count on exactly how big of a change going from international tycoons to Florida retirees would be. The couple quickly realized that they were not constituted for day after day of purposelessness. They began selling a few products out of their garage. Before long, Jeunesse Global had officially become a going concern.

Given their long track record of high-level success, it probably shouldn’t be a surprise that Ray and Lewis were able to avoid the missteps common to new business owners and begin growing their new venture quickly. But just how quickly would astonish even them. By the end of its first year, Jeunesse Global was doing nearly $1 million in sales. By its fifth year, it had thousands of distributors and was selling tens of millions of dollars per year in health and beauty products. Today, the company is estimated to be worth more than $1 billion, a level of growth that is almost unprecedented in the history of American business.

Behind all of this stunning success has been the company’s great products. With its Youth Enhancement System, Jeunesse Global has created a series of products that, for the first time, is allowing people to indefinitely postpone the worst effects of aging. In doing this, the company is helping to bring about Generation Young.

https://www.crunchbase.com/organization/jeunesse-global-2

16 Apr

Eastman Kodak Is Under Fire By Sahm Adrangi Of Kerrisdale Capital

Eastman Kodak is a longtime printing and photography corporation that was a former giant in the industry with over 100 years of experience under their belt. Today, the company is largely under speculation within the investment industry thanks to investors like Sahm Adrangi. Sahm is a reputable investor that stated up Kerrisdale Capital, a private investment managing company. Kerrisdale recently released a report on Eastman Kodak discussing why they are problematic despite the 187 percent increase in company stock value. This increase took place after the company’s announcement to partner up with a cryptocurrency group that allowed them to launch their own image-licensing platform that is blockchain-enabled.

Based on the current issues that face Eastman Kodak, which is largely the same issues they faced 6 years ago when they almost hit bankruptcy, these attempts at taking advantage of the crypto craze is nothing short of a scheme. Sahm Adrangi calls into question the integrity of the company’s management when they are not even attempting to fix their current issues, which should be apparent to this longtime company. Despite these recent partnerships and image-licensing technologies, Kodak has not gained any public attention, which will lead to a decline in revenue again.

The unjustified hype of their shares has also taken hold of many investors that investing before doing proper research in the company, which is why Sahm Adrangi is working to release reports on these problematic companies. Kerrisdale Capital backs up their statements 100 percent, which is also why they currently stand to profit in the face of Kodak’s failure. As CIO for Kerrisdale Capital, Sahm Adrangi is always certain of his decisions and research into a company’s background and this has led to many investors waiting for his advice before making big investments in the first place. Thanks to Sahm Adrangi’s investment decisions, Kerrisdale Capital has accumulated hundreds of millions of dollars over the years, investing in many different companies around the globe.

https://www.bloomberg.com/research/stocks/private/person.asp?personId=252047507&privcapId=109092301&previousCapId=109092301&previousTitle=Kerrisdale%20Capital%20Management%20LLC

29 Jul

Betsy DeVos Proves that Education Is Not Broken

There are a lot of people that are going to take interest in Besty BeVos and the role that she has the Secretary of Education for the United States. I know that there are a lot of people that are trying to figure out what she is going next. I think that DeVos is going to do more of what she was already doing. She started the Dick and Besty DeVos foundation with her husband in 1989, and this is where she has managed to give the most of her money to education. It is was easy for her get an ideal of how the education system could thrive because she was already in a place where she was giving money to the system.What Besty DeVos has done that I think is very interesting is push the education system forward with charter schools and voucher programs. She is the type of education philanthropist that has already given her money, and now she is trying to get more taxpayers to give towards education. She is doing this through the voucher programs that she is creating.

I believe that people are going to look at what Betsy has said about accountability in the school systems. She is said that the biggest problem in the school system is the accountability. People do not know how to make the system better, but Betsy believes that accountability plays a huge role in what is happening in education. When people cannot get to a place where they are stagnant they are going to have a hard time to improve on education.What I believe that DeVos is doing is bringing new standards in education. Betsy wants to do something new in education. She wants to cut down on the amount of fraud and abuse in the system. There are a lot of people that are going to see what she is doing with the school vouchers.

A lot of people are going to be interested in how she has managed to help education evolve through her giving. The entire family has given as much as a billion in education. That is quite impressive to me, but there is still a need for more money.Betsy DeVos has a desire to make sure that they are also giving people a much better chance see a better education system. I like a person that has a plan. Betsy DeVos has shown that she had a good plan for the education system. She has been working on privatization the whole time, and now there is a better chance to make this possible. In her role as the Secretary of Education she could change everything for the education system.

 

6 Jan

Don Ressler Further Builds His Career To Rank Among Celebrated Entrepreneurs

The online business arena offers many opportunities for growth for businesses that are structured well and built to overcome the many challenges that are found in the industry. Despite all the difficulties online businesses face, entrepreneurs like Don Ressler have been able to find the tricks for running successful businesses. Don Ressler is a passionate entrepreneur whose ideas led to the establishment of businesses that are now dominant in the European market.

He started his journey in business over one decade ago when he founded FitnessHeaven.com, a company that dealt in fitness products. At the time the company was launched on Brandettes, the market was not developed since not many people had embraced buying items online. Although he faced struggles with this idea, he was able to acquire special skills that helped him to manage future businesses.

After several years struggling with the idea, he managed to record some success. At this point, Don Ressler was motivated to further pursue bigger ideas, so to raise capital he sold the company in 2001. After handing over FitnessHeaven.com to Intermix Media, he joined Adam Goldenberg and they established Alena Media, which would work with businesses to offer them advertising services on HuffingtonPost.com. Alena Media performed remarkably well and beyond their expectations. The company generated millions from advertising alone.

Intelligent Beauty
In 2005, News Corp showed interest in buying Alena Media and they signed the deal to raise capital for better plans. After handing the company over, they immediately started brainstorming for their next move at https://pando.com/2014/08/28/breaking-justfab-raises-85m-at-what-sources-say-is-a-1b-valuation/. In 2008, Don Ressler and Adam founded Intelligent Beauty, a beauty outlet that stocks all types of beauty products. Intelligent Beauty has remained strong and profitable through the years and is one of their best businesses.

JustFab
2010 brought a new era and opened new doors for the duo. They founded JustFab, a company that has been offering fashion products through a subscription system. JustFab is one of the most developed stores the duo ever launched and to develop the site, they applied for $33 million from Matrix Ventures in 2011. This money allowed them to upgrade the infrastructure. In 2012, JustFab ventured further into looking for funding and this time they were able to get $76 from several venture capitals, which included Matrix and Rho Ventures.

9 Dec

Eric Lefkofsky: A Successful Technology Entrepreneur

Eric Lefkofsky has been successful in his business ventures as an entrepreneur. He has co-founded several companies, such as Tempus, Groupon, Echo Global Logistics, Uptake, InnerWorkings, Lightbank, and Mediaocean. Lefkofsky began his career as a salesman before deciding to advance his career by attending law school. He then joined forces with a friend to create a clothing company called Brandon Apparel.

After a long career of successful business ventures, Lefkofsky co-founded Tempus, and currently serves as the CEO of the company. This technology company allows doctors to provide their cancer patients with personalized care. Tempus has been working out of Lightbank, which is a firm located in Chicago that was also founded by Lefkofsky.

Tempus helps physicians and other healthcare professionals treat their patients with a personalized and real-time approach. The treatment decisions that are made for the patients are data-driven through the process of analyzing each patient’s physiology.
Tempus uses proprietary genomic sequencing and analytics to help healthcare professionals further examine a patient’s tumor.

Tempus is currently working with patients who are suffering from breast, pancreatic, and lung cancer, however they plan to expand their practice into other types of cancer in the future.

Along with co-founding Tempus, Lefkofsky and his wife have formed a charitable trust called the Lefkofsky Foundation. This trust supports other charitable, educational, and scientific organizations worldwide. The foundation primarily focuses its efforts on children, and has aided in the funding of over 50 organizations thus far.

In addition to this, Lefkofsky (www.lefkofsky.com/) and his wife became a part of The Giving Pledge in 2013. The Giving Pledge is a group of the world’s wealthiest people who commit to dedicating the majority of their acquired wealth to philanthropy.

Along with his philanthropic efforts, Lefkofsky serves on several boards in the Chicago area. He is on the board of directors at The Children’s Memorial Hospital, World Business Chicago, The Art Institute of Chicago, The Museum of Science and Industry, and he is a Trustee of Steppenwolf Theatre Company.

Eric Lefkofsky has also found success in teaching and writing. He began a career in teaching at business schools around Chicago, and has also taught technology classes that can be applied to business at DePaul University. Additionally, he taught a course in disruptive business models at the Kellogg School of Management at Northwestern University. Here, he teaches a course on entrepreneurship and how to build a business based upon technology. Lefkofsky’s most recent success was the publishing of his book about how technology is currently affecting business, Accelerated Disruption.

More information for Lefkofsky: https://www.crunchbase.com/person/eric-lefkofsky