Australian newspaper “Australia Financial Review” published its annual list of Australia’s most innovative companies and one of the companies that earned a spot this year is mortgage broker Infinity Group Australia. Infinity Group earned its spot due to their very “client first” and collaboration based business model. Infinity Group focuses on educating Australians on how to manage their finances. They offer more than just loans. After lending their clients their home loans, they monitor their finances in order to make sure they pay it back in record time. They also offer their clients advice on how to manage the rest of their finances along with investment advice and advice on retirement.
This approach comes from founder Graeme Holm who states that Infinity Group is kind of like a personal trainer for your finances. He also states that when you have expert guidance, the entire process of paying off a home loan doesn’t seem as daunting anymore. Infinity Group analyzes the client’s income and budgets it out in the best way possible so that the client is able to pay off any debts and then, later on, be free to invest their capital however they would like.
Holm also emphasizes the importance of cooperation and how that concept drives his business. He highlights the fact that when his clients are successful, so is Infinity Group. Other mortgage brokers only care about receiving payments, but in reality, it is also convenient for them to get back the money they lent out. While most brokers focus on the interest rates and if they’re getting paid on time or not, Infinity Group focuses on making sure that their clients are able to pay back the loan. That way the client is rid of debt, owns their home, and Infinity Group now has the capital they lent out available to lend out to another client. This way, Infinity Group makes money, and the client is successful in paying off debt. It’s a win-win situation.
This business model is what earned Ininfity Group and Holm a spot on the list of Australia’s most innovative companies. The AFR has a very wide audience and this is a very big accomplishment for a company that has been running for a relatively short amount of time. Infinity Group was founded by Holm and his wife in 2012 and since then it has grown to be the reputable company that it is today. Learn more : https://www.medianet.com.au/releases/166333/
The founder of of newsletter profits unlimited, and a senior editor of Bayan Hill Publishing, Paul Mampilly, is a renowned writer on finance. Through his weekly columns newsletter winning investor daily, he has been helping his subscribers create wealth. In recent tweets, and through winning daily investor platform, Paul Mampilly has been informing his readers on using technological innovations to boost business opportunities, and give quality services. In this case, he is more emphatic on blockchain technology. In his tweet, “ I would ditch privacy for blockchain”, Paul Mampilly gives an account on how a lot of time is wasted during registration, and renewal of government documents like passports because of the verification process is done for every record. He advises his subscribers to invest in chip technology, which consolidates data in one database.
Paul Mampilly predicts that this would be the next booming industry since everyone would want at the click of the button to access services. He gives a disclaimer that block chip can be tamper proof as long as they are well managed. In a tweet, Blockchain reaction, Paul Mampilly predicts a future in medicine through blockchain technology. As Mampily puts it, most of the people in a digital word are most concerned about their privacy. However, he assures his subscribers that blockchain technology ishack proof, and only releases personal data under the account of a person’s instruction.
Paul Mampiily talks of E-Pills application technology to guide users of various drugs on the reactions and prescriptions. This technology would reduce queues in hospitals, clinics, and pharmaceuticals. Doctors and pharmaceutical companies would access their clients through the phone application, and in turn, more clients are handled, and time saved. It would also help drug sellers to evaluate their clients, and follow up whether they take instructions on the prescriptions, a and advise clients accordingly. This technology is beneficial to curb medical fraud through direct interaction with professionals one would get the correct prescription for a specific condition.
Hurricane Harvey is undoubtedly one of the most devastating natural calamities in American history. The early-2018 hurricane enormously swept properties across Houston and its neighbourhoods, while companies were watching helplessly. Worse of it, people perished as others lost their homes. Nevertheless, the Dallas-based Stream Energy took the step to bring hope to the affected residents through their philanthropic passion.
In as much as thepresence of Stream Energy during the deadly storm brought the company to the limelight, few people knew that the company had already established an organized corporate philanthropic mission of aiding the community. The successful energy firm launched a separate arm to deal with this mission. The division, Stream Cares, alleviates Dallas homelessness by funding and partnering with other charitable organizations such as Hope Supply Co. This kind of business model is a relatively new model in business set-ups but carries double profits.
Across America, it is usual for brands and high-profile politicians to engage in philanthropic missions with the aim of establishing a compelling status from the public. However, such activities mainly cover financial aids. For instance, businesses in the US spent about 19 billion USD in charity funding in 2016. But Stream Energy has raised its status higher. The direct-selling company has made it clear that philanthropy and giving back to the community is part of the firm’s DNA – its employees and executives are going to the extent of spending time with residents besides funding charities.
Apart from the trivial reasons of building loyalty and brand status, corporate philanthropy helps companies, which are passionate with generous giving back, take advantage of the organized structure.Kimberly Girard, Stream Energy event manager, describes the company as an organization with heart. In addition, the Stream Care foundation helps the company’s staffs meet with its actual customers and device new strategies of giving back.
Even though most surveys rank Texas among the least generous US states, Stream Energy is keen to outturn these surveys through the company’s generous model. Its distinct role in the world of philanthropy is not only vital in uplifting the lives of Dallas residents but also residents of the whole state. And according to the company’s mantra, philanthropy is part of office days.
Jacob Gottlieb is joining forces with a former teammate and mentor. He and Stuart Weisbrod were very successful together as Healthcare investors. The two men initially met at Merlin Biomed Group. Weisbrod was a high-ranking member of the organization while Gottlieb was a portfolio manager for Stuart. Weisbrod had a high level of expertise that shaped the way Gottlieb would view the business from that point forward. Jacob Gottlieb went on to do great work for Merlin, helping the company achieve great returns in 1999 and 2000. He assisted with bringing in key clients up until the company closed for business in 2007.
Jacob Gottlieb went on to have success in the finance industry. He launched his own company called Visium Asset Management with a 300 million dollar investment. Gottlieb quickly pushed the company’s value to 2.5 billion dollars. He survived the financial crisis in 2008 and led Visium on a path of continued success. The organization eventually grew into an 8 billion dollar hedge fund. Visium has over 200 employees with offices in cities around the world including London, New York and San Francisco.
Visium was a shining example of success for roughly 10 years. The company fell on hard times in 2016 when three of its executives were accused of insider trading. They were thoroughly investigated and reported to the FBI by a whistle-blower working on the inside. The authorities took time to mount all of the evidence and eventually brought charges against several employees at Visium.
Jacob Gottlieb was never charged with any crime or ethical wrongdoing. He remains with the company as its CEO and has worked to return funds to its investors. Gottlieb is in place to wind down the company while it is being watched over by the SEC.
Jacob Gottlieb has moved forward in his career and formed a new enterprise called Altium Capital. Altium Capital is a hedge fund that will be Gottlieb’s latest statement. The company already holds great value due to Gottlieb’s previous success in the industry. It has recently made a stake investment in Oramed Pharmaceuticals Inc.
The Fortress Investment Group was established back in 1998 by a team of finance professionals looking to make a difference in asset management. Randal Nardone was one of them and has served in the management team for all these years. In the close of 2006, he joined the board of directors.
He has acted in the capacity of the Chief Executive Officer for five years now having assumed office in August 2013. He has enjoyed an impressive career at FIG that has caught the eye of anyone who cared to look. Randal Nardone has overseen the establishment of numerous offshoots. The Fortress Credit Corporation, the Fortress Registered Investment Trust and the Fortress Investment Fund IV and V were all brought to life under his watch. He serves as the chief executive of most of them.
Randal Nardone has gained great expertise during his time with FIG and has not shied away from offering the same to other institutions. This has afforded him the opportunity to serve on numerous boards. RIC Coinvestment Fund, Newcastle Investment Corp., IMPAC Commercial Holdings and Blackrock Financial Management have all enjoyed his services. He has held the position of CEO and director in most of these firms.
At the moment he serves as a director of Springleaf REIT, Eurocastle Investment Limited, Springleaf Finance as well as Florida East Coast Holdings Corp. He is the president at Springleaf Financial Holdings and a principal at Fortress Credit Corporation.
He attended the University of Connecticut where he studied Biology and English for his undergraduate degree. He later joined the Boston University School of Law and graduated with a J.D.
Randal Nardone brought in a great wealth of experience to FIG from his previous positions. He began his career at the Thacher Proffitt & Wood law firm. His diligence and great work ethic saw him elevated to partner. When he eventually left the firm, he was serving in its executive committee. He later joined BlackRock and served as its principal. A year before going out on his own he became the managing director of UBS. He stepped down in May 1998 and joined hands with Wes Edens and Rob Kauffman to bring the Fortress Investment Group to life.
Despite being ranked among the top advertising executives, Lori Senecal walked away from her role as Global CEO of CP+B at the end of 2017. When she came on board with the company, her role was to bring management and organizational skills. Upon entry she and the CP&B chairman, Chuck Porter, planned for her 2018 exit. Her two years at the helm of CP+B were extremely successful and the organization has not lost a client since her arrival.
Before moving to a professional capacity, Lori Senecal earned a bachelor’s of commerce in marketing and finance from McGill University. After McGill she worked for MDC Partner Network, Kirshenbaum Bond & Partners, and McCann Worldgroup in roles ranging from the Head of Sales and Marketing to CEO. At CP+B she served as Global CEO, expanding the organization’s reach through innovation and inventive management.
In her interview with Inspirery, Senecal credits her success with a desire to help others be successful. She says simply “I make money when other people make money.” Truly a team player, she claims her skills are purely motivational. A “collective mission” and the “relentless passion” of those around her helped her get to where she is today. This strength is also Senecal’s weakness as she states her hardest decisions are made when teammates are not meeting the standard. Her desire for others to succeed sometimes impede her ability to speak candidly with them about their performance. You can visit interview.net for more.
This selflessness aided her throughout her career in advertising and even as she left CP+B she said of her replacement CEO, Danielle Aldrich, “she [is] always looking to uncover the toughest business challenges… she’s a truly fantastic partner and friend, and the agency is smarter and more effective thanks to her leadership.” The advertising world, and CP+B specifically, will miss Lori Senecal, but her legacy lives on through those she worked with, learned from, and mentored. She recently spoke at 3% conference.
For those with a vision of starting up an app, the primary concern they have is the popularity of that app globally. It requires a strong-willed person with excellent strategies and the patience to see the app grow gradually.
This best describes Whitney Wolfe Herd the CEO and Founder of Bumble app an online dating app. Bumble has gained a lot of popularity due to her strategic leadership. This has seen the number of users rise to more than 10 million people. Her main reason behind founding Bumble was to give women an avenue to correct the way in which women connected and interacted with their male counterparts in a bid to date.
Rarely do we find someone’s hard past pave the way to their breakthrough in future. Whitney Wolfe underwent some setbacks in her journey to success. At Tinder where she was a co-founder, she had to quit the company due to alleged sexual harassment and intimidation towards another partner. She later encountered online bullying whereby great masses of people ganged against her online. She used these experiences as a stepping stone which gave her the needed skills for her venture in app creation.
Bumble initially began as a female alone social site named Merci. Whitney Wolfe big idea was noted by the CEO of Badoo the biggest dating site namely Andrey Andreev. Andrew offered to partner with Whitney and also provide the funding required to grow up a company together. At first, Whitney Wolfe was reluctant to take the offer since so much was at stake. She got support from her husband Michael Herd encouraged her to take up the offer. She, therefore, agreed to this partnership and this led to the founding of Bumble with 20% of the company belonging to her,79% to Badoo and 1% to two other partners.
The success of Bumble can be attributed to the vast experience of Andreev in the dating industry and the excellent work done by Whitney. Whitney started her career journey by taking a degree in International Studies at Southern Methodist University. Even back then she demonstrated a high level of innovativeness in the market when she founded her first company called Foray. She would later get a strategic partnership with Patrick Aufdenkamp who is a celebrity in making totes from bamboo. Bumble has grown under her leadership as can be witnessed by the number of employees employed and some fans.
Robert Ivy is a renowned architect, editor and an author who is also a publications critic. On the 2nd of June 2018, he was honored with the Noel Polk lifetime achievement award by the Mississippi Institute of Arts and Letters alongside Andrew Curry, a stained glass artist from the Pearl River Glass Studio. It was such an honor for Robert Ivy considering the award is usually set aside for Mississippi connected creatives and art subsidizers with incredible artistic works. He officially joined the list of previous honorees such as Shelby Foote and Morgan Freeman.
The renowned architect has written a Fay Jones biography, and in the book, he talks about the works of a fellow architect who was a staunch follower of Frank Wright. Robert Ivy has seen the book through to its third edition and has been awarded by the Fay Jones School of Architecture in the University of Arkansas with the Deans Medal. His excellent explanation of the importance of design earned him the title Master Architect from Alpha Rho Chi, the architectural fraternity. He holds the title with only six other individuals the likes of I. M Pei and Buckminster Fuller.
Robert Ivy started his career as a navy officer and later joined the McGraw Hill Publishers as their chief editor. Under his leadership at the publication house, they managed to distribute the highest number of architectural journals worldwide and in the time won several awards including the national magazine award. He was explicitly awarded the best management award of the year. Robert was a part of the team that successfully launched the journals mandarin version in China and the Middle East.
Besides his duties as an architecture, Robert Ivy was a Juror in the panel that chose Frank Gehry to come up with the Dwight Eisenhower memorial creatively. According to Carl Elefante, the AIA president, Robert deserved the Noel Polk award for both his personal and professional accomplishments. He congratulated him on behalf of the AIA fraternity and added that he was a worthy ambassador for the company and the profession in general.
Chris Burch is a fashion mogul that has been in the business for more than four decades. He currently serves as the chief executive officer of the Burch Creative Capital, a company that he founded. Through the years, he has been focusing on the fashion industry, teaming up with some of the most well-known names in Hollywood to promote his products. His interest in the fashion industry began in 1976, when he and his brother launched the Eagle’s Eye apparel, spending $2,000 for the capital. The business grew, and it became a million dollar business before they decided to sell it to the Swire Group. Chris Burch decided to launch other brands, and dozens of them became successful. After his stint with the fashion world, he decided to try out the real estate and property development industry and instantly fell in love with it.
One of his projects was the development of an Indonesian island to become one of the best luxury hotels in the world. In 2013, Chris Burch along with hotelier James McBride decided to visit Indonesia and made their way to Sumba Island, check (Instagram.com). The remote island is home to a group of hospitable people whose ancestors are known as the Marapu. The island is underdeveloped, but it never stopped Chris Burch and James McBride in exploring its shores. The locals led them to the Nihiwatu Beach, a secluded area in the island where the best beaches and coves can be found. The two were amazed to see such beauty, and they decided to acquire a small piece of the island to be developed later on.
Chris Burch and James McBride invested millions in transforming the beach front into a lovely paradise. They also hired the locals to work inside the resort, giving them a chance to earn more money. Nihiwatu became one of the most popular tourist destinations in Indonesia a few years after it was established, and a few travel bloggers documented their stay on the resort, giving the adventure seekers an instruction how to get to the island. The resort experienced a boost in tourist arrivals after it was featured in the Travel + Leisure magazine, as the public voted it as the world’s number one hotel and resort. Chris Burch and James McBride were so overwhelmed, and they revealed that they never expected the public to give them such recognition. They thanked everyone who helped the resort become known around the world, additional source on ideamensch.com.
Those who know Wesley Robert Edens know that he is not just a peak performer in the financial world, but also in high altitude climbing. Born in October 30, 1961, Wes went to Capital High School and later graduated from Oregon State University in 1984 with a BSc in Finance and Business Administration.
Wes Edens began his career path with California Savings and Loans. Later on, he worked periodically at Smith and Barney and Merrill Lynch. Wes joined the Lehman Brothers in 1987 and worked in the mortgage trading division as a Managing Director and Partner until 1993. In 1993, he joined BlackRock and served at the company’s affiliate, BlackRock Financial Management, also as a Managing Director and Partner. While working at BlackRock, the entrepreneurial and business prowess of Wes Edens became apparent when he created first private equity fund called BlackRock Asset Investors. Despite his increasing roles, Wes joined UBS in 1997 and served in its affiliate as the Managing Director.
In 1998, Wes Edens founded Fortress Investment Group together with Randal Nardone and Robert Kauffman. Fortress Investment Group is a globally leading diversified global investment manager. The company manages approximately $40.9 billion as of March 2018. The company also boasts of more 1,750 private and institutional investors across the globe in real estate, permanent capital, and private equity among others. Currently, Wes Edens is the Co-CEO, Co-Chairman, Co-Founder and Principal of Fortress Investment Group LLC. Apart from his position, the private equity investor and hedge fund manager holds other significant positions in financial institutions including:
Chairman of the Board of New Senior Investment Group Inc. from 1999
Chairman of the Board of Directors, Florida East Coast Holdings Corp since 2010
Chairman and CEO of Fortress Registered Investment Trust from 2002
Chairman of New Media Investment Group Inc.
Chairman of the Board of Springleaf Finance Corporation from2010, among others.
Despite his business prowess, the 962nd billionaire as per Forbes rankings is a family man, married to Lynn Edens with whom he has four children. In 2014, Wes Edens partnered with Marc Lasry to purchase the Milwaukee Bucks. The sports team is reported to have cost the two a reported $550 million. The finance mogul donates to many causes, mainly in health, art and educational related causes. His total donations amount to more than $2.7 million. He also holds a position of a Trustee of the Chinook Charitable Trust.