Category Archives: Business News

Nitin Khanna Discusses The Power Of Teams

Entrepreneurship is something that is in the blood Nitin Khanna who spent his life surrounded by entrepreneurs when he wasn’t away from his family at boarding school. On top of that, his military father taught him the importance of hard work and discipline. With all of this, Nitin Khanna was interested in success from a young age. The native of India was born in 1971 and attended college in the United States at Purdue University where he had earned a Bachelor’s and Masters before dropping out while studying for his Ph.D. to start his career earlier. He moved to the United States when he was just 17 years old in order to get the education that he needed to be a success.

The CEO of MergerTech, Nitin Khanna, became inspired to start this company that helps sell businesses such as tech startups after selling his old company known as Saber Corp or a considerably higher amount than it had been valued. At that point, he realized just how much money he could make while still enjoying what he is doing for his career. Saber Corp. provided software for government organizations such as child support and the DMV. There are still several states that use the software created by the company for voting. He and his brother first started Saber after his brother joined Nitin Khanna in the United States back in 1999.

When approaching business, he does it knowing that he has the heart and ability to finish what he needs to get done. He approaches hiring people for his business in the same way as his team has a huge impact on his job and company. If you hire the right people, Nitin Khanna states that it should leave you with a great deal of free time. This free time is important so that executives can approach different issues when they are needed. Your team is an extension of you and they will be executing what you need to be done. Nitin Khanna states that it’s also important to recognize your team for what they do and to get them excited.

Read more here https://www.researchgate.net/profile/Nitin_Khanna2

James Dondero the Co-founder and President of Highland Capital Management

James, also known as Jim, serves as Chairman of the Board and Chief Executive Officer of Highland Acquisition Corporate. He has been President and Secretary of the same since April 25, 2016. James has been Managing Partner and President of Highland Capital Management since 1993. He has 30 years of know-how in credit as well as equity markets.

Education and Career

James career as an analyst began in the year 1984 after being accepted into the Morgan Guaranty Training program. He is a University of Virginia’s McIntire School of Commerce graduate. Having the highest honors, he earned dual majors in Accounting and Finance. He is also a Certified Management Accountant and a Chartered Financial Analyst.

He joined the American Express in 1985 as a Corporate Bond Analyst and later became a Portfolio Manager and left American Express in 1989. He then became the Chief Investment Officer of Protective Life’s GIV subsidiary before founding Highlands. Visit jimdondero.com to know more about him.

Achievements

With his expertise, Highlands Capital Management offers numerous award-winning products and solutions for institutional and retail investors. It has about $14.9 billion in assets under management. Highlands Capital Management received Morningstar’s 5-stars designation for Global allocation in 2014.

Donations

James Dondero has donated millions towards Dallas-area non-profits and charities. His commitment to improving educational opportunities for those living in the Dallas-Fort Worth area has resulted in a growing list of Partnership and donations which have enriched the lives of the residents in Dallas. Highland $2 billion donation towards the University of Southern Methodist provides outstanding undergraduate students with exposure to public policy making, opportunity to study abroad, access to key global leaders and meaningful senior-year internships. It started in 2014 and admission is open to all majors and disciplines.

James supported the George W. Bush Library and Institute which promotes an understanding of President George W. Bush’s presidency through records and artifacts. The Institute is a non-partisan policy organization that seeks to develop current and future leaders through education.

He has created a network of investment management professionals who volunteer to assist children in need. This provides quality education programs for hundreds of low-income families in Dallas. Other charitable activities include Perot Museum of Natural Science, and Education is Freedom, Snowball Express, and SMU’s Tower Scholars program.

READ: https://en.wikipedia.org/wiki/Highland_Capital_Management

 

James Dondero and Markting In Nonprofit

As a trained business professional, James Dondero knows the importance of doing well by doing good. He has seen that doing well by doing has not only changed his life but the lives of countless others within the world today. James Dondero sees philanthropy as a way to kick-start the economy and plant seeds that will grow and provide value to people within the future as well as the present. Read more about James Dondero at Nexpoint Advisors.

James Dondero has seen how people such as Bill Gates, Warren Buffet, and other billionaires will positively impact humanity by giving their wealth away at a certain point in their life. James Dondero watches how philanthropy can play an effective role in providing benefits to people in different regions as well.

As such, he strives to take a very business-oriented approach to his philanthropic work. This means that the measures or is prone to measure many different aspects of the charitable organization and how it is set in place.

Check: https://investors.jernigancapital.com/leadership/director/james-dondero

Dondero May Prioritize Marketing

The fact of the matter is a charitable organization is only as good as the value it distributes to the people that it serves on a daily basis. A charitable organization must minimize their expenses and maximize what they give, how they give, and how they provide for their particular causes. Dondero knows that just like a business, one can be lazy and fruitless within an organization or one can be effective, smart, and hard working. It takes work to create good within the world and that means that one must strive to put their best foot forward each and every single day. Read more about James Dondero at Wikipedia.com.

Building Up Business: Southridge Capital

Southridge Capital is a company that was founded in 1996. The CEO and founder of the company is a man named Steven Hicks and the company is located in Ridgefield, Connecticut. The primary purpose of the company is to take stock of small companies and help them reach specific financial goals. The company can provide funding for a small business, advise the small business on what to do next, and provide commercial real estate so that new businesses can take root. The team at Southridge Capital has the experience necessary to help new businesses navigate the tough world of investing and growing. Steven Hicks is one of the main reasons behind Southridge Capital’s success. Here is a little more about what makes Steven Hicks tick.

Steven says that the idea for Southridge Capital came from working at a hedge fund firm. He thought about going on his own for a while and when the business decision to move to Australia came, he decided to take the chance. Southridge Capital was now a reality. One thing that he and his team do every day is to make a list of the tasks that will be done for the day. By doing this, he and his team know what to accomplish. The team makes sure to keep a close watch on current businesses with their financial goals but also to look for new opportunities to help the business grow. This keeps Steven Hicks and his team on their toes each day. For more details visit Bloomberg.

According to an interview with Ideamensch, Steven Hicks says the best way to help new businesses is through experience. he says that several new companies come to them for financing. Southridge Capital and the team look at the new business and makes sure that it meets the criteria needed for assistance. Only the ones with excellent ideas get the help they need.

Southridge Capital has been in the business for more than twenty years. Helping innovative new companies get their start is what the team does best. The team and Steven Hicks at Southridge Capital would not have it any different.

 

 

Click here: https://www.crunchbase.com/organization/southridge-investment-group#section-overview

 

Roseann Bennett: family and marriage counselor.

Roseann Bennett is a very well known family and marriage counselor. She has been in practice for a number of years and has a lot of experience working with clients. Previous clients have stated that she has helped them through some of the most difficult times of their lives and they appreciate all she has done for them. Roseann has a team of therapists at her offices who are all very experienced also. She maintains a great relationship with her community as well in that she does a lot of charity work.

Roseann Bennett uses a number of different techniques in her practice and specializes in using new trends in medicine. She believes that in order to heal a marriage or family, you must first heal the individual. Her self help therapy has worked wonders for many of her patients. She teaches them to use meditation and yoga on a regular basis as a way for them to recognize what their role is in the family. By concentrating on oneself, you can then see the flaws you have and what you have contributed to the current problems.

After seeing each one individually, Roseann will bring the couple or the family back into her office to have them work together on creating a new unit. When they understand that each of them is a part of the group, they can make accommodations for the others in the relationship. This type of therapy has worked for many families over the years.

Roseann also attends continuing education courses at a local college in order to further her career. She has been interviewed on a number of occasions for write ups in medical journals. Her speaking engagements are attended by many as she is considered to be a leading authority in the field of self help therapy. Roseann Bennett sees this type of therapy as the future of her field of endeavor and thinks it will be how most therapists treat their patients. She also believes that this will work in treating patients with physical illnesses as many other doctors have begun to use it also.

Mike Baur is the Unconventional Business Professional and Mentor

It is factual that business startups play a pivotal role in creating healthy economies in our countries. Most fundamentally, they provide an underlying layer of revolutionary ideas that will, in turn, expand the horizons of business in different industries. Well, while business startups have a very positive effect on our economies, the fact is, they are not easy to run. From the challenges they exhibit, most business startup owners would agree that a mentor comes in handy. And a good mentor must have vast experience in business and finance allocation. That is where Mike Baur comes in.

 

Education and Experience

 

Mike Baur is a famous Swiss entrepreneur who is out in the industry to work on various startups. His mission is to challenge all the conventional startups by providing new business models. For Baur to have come this far, he invested enormous time and effort in his past career experiences. For starters, just at the age of 16, he was already working in the banking industry. Well, before he joined the working class, he was a dedicated student at the prestigious Bern University. He also attended the Rochester University and earned a business degree.

 

Early Life and Career

 

Having grown up in Freiburg, Switzerland, Mike Baur was an excellent student who understood the economic situation of his country. So after graduating from college, he joined the banking industry and excelled as well. Perhaps what was unique about Mike Baur was his ability to assume the roles of a learner instead of the tutor or the lead executive that he was. Therefore, while working at UBS, he ensured that he understood the entire banking institution. That way, he could mentor the next team of leaders during recruitment. Because he was good at being an excellent leader, Mike Baur mastered the art of proper resource allocation. That is how he managed to become one of the most admired leaders in his career.

 

The Birth of Swiss Startup Factory

 

Furthermore, for the twenty years he worked in the banking industry, he created entrepreneurial relations that later tossed him into the world of initiating and managing successful startups. Now, Mike Baur is the co-founder of one of the world’s best startups. Swiss Startup Factory was objectively founded to help entrepreneurs and small business owners to venture into successful businesses eventually.

 

Mike Baur’s remodeling of Startup Concept

 

Mike Baur has challenged the conventional startups by providing a three-months learning program with the following services;

  • Networking
  • Coaching
  •  Mentorship

 

According to Mike Baur, these are the three fundamentals of a healthy business idea. Therefore, he encourages networking because it is the principal way through which entrepreneurs are exposed to a massive swathe of business professionals. Better yet, through coaching and mentorship, startup entrepreneurs learn how to gain deeper insight into the business. Apart from that, coaching and mentorship instill some aspect of confidence in entrepreneurs. From the mentioned ideologies, Mike Baur is confident that startups will succeed.

 

James Dondero: Visionary Leader and a Great Philanthropist

James Dondero is the co-founder and the president of Highland Capital Management, L.P, which is based in Dallas Texas. James has been with the company since 1993 and his experience in the field spins for over 30 years. He holds a Bachelor of Science degree (B.S) commerce, Accounting and finance option from University of Virginia.

 

James Dondero is an insightful and prolific leader backed with a rich and vast experience. This has seen him steer Highland capital management to greater heights. He is a great and renowned philanthropist who has donated millions to charity to his Dallas community. He is greatly committed to improving education in Dallas –Fort Worth area .He continues to improve the lives of people living in Dallas.

 

Highlands Capital Management is a registered investment adviser and was founded in the year 1993 by John Dondero and Mark Okada and it is now one of the most successful global alternative credit managers. The firm has a variety of clients that include financial institutions, foundations, governments, high net-worth individuals and many others .Last year the firm announced that it was going to assist victims of family violence by awarding a $1 million challenge grant through The Family Place, a leading organization in Dallas that supports victims of family violence. The money was contribute towards the legacy campaign. The grant was disbursed via the philanthropic arm of Highland Capital Management known as Highland Dallas Foundation Inc. The family place has since been able to raise an additional amount summing up to $200,000 towards its mission, the Legacy Campaign. With $2.8 million target, Highland’s challenge grant strives to ensure that Family Pace triumphs.

 

James Dondero said that grants answers to alarm raised by the mayor of Dallas and police chief of Dallas to help avert issues that a menace to the residents of Dallas. James Dondero has praised the Family Place for being a philanthropic and the most generous group in the community, group that has the people’s best interests at heart. The Family Place CEO has welcomed everyone who has the call to help through life changing services to join in the bandwagon.

Mike Baur, the Startup Accelerator

About Mike Baur

Mike Baur is the co-founder and Managing Partner at Swiss Startup Factory (SSUF). He was a former banker at Clariden and Sallfort. He founded SSUF with an aim of supporting young entrepreneurs wishing to invest in the digital technology industry. He has about 20 years of experience in Swiss banking industry. He is currently accorded with duties of fundraising and financing rounds at the Swiss Startup factory.

Swiss Startup Factory

Swiss Startup Factory is based in Zurich. It was founded in 2014 as a platform that would offer entrepreneurial support to digital entrepreneurs. It runs a three-month startup accelerator program. The program acts as an avenue through which young entrepreneurs can access services such as, coaching, mentoring, office space, and entrepreneurial connections that help them achieve their goals.

Collaboration between Fusion and Swiss Startup Factory

Fusion and Swiss Start-up factory formed a cooperation based on a mutual goal of establishing an outstanding relationship with the French and the Swiss German parts of Switzerland. Both accelerators work together in defining their goals and setting up their strategies. They help startups transform ideas into prototypes so that they can smoothly kick off production and step into the market.

Through the Swiss-Fusion association, the companies’ professionals join forces to help entrepreneurs through various startup processes. The services offered under the association include start-up acceleration, cooperation with higher learning institutions, mentor network exchange, joint events, and shared office space for startups.

CTI Invest and Swiss Startup Factory

Starting January 2016, CTI Invest and Swiss Startup Factory began a close cooperation to offer supplementary support to Swiss Startup training. To strengthen the relationship between the two organizations, Jean-Pierre joined the Swiss Start-up Factory as a Managing Partner. Similarly, Mike Baur was appointed deputy Managing Director of CTI Invest.

CTI Invest is a leading financing venture for Swiss Factory startups. Through the cooperation, the leading financing platform for innovative start-ups in Switzerland will collaborate with the Swiss Startup Factory. The two organizations will organize events and offer training for start-ups. The two firms launched a website and posted podcasts and videos of beneficiaries of the Swiss start-up program.

Swiss Start-Up training

Swiss Startup Factory will Support CTI Invest in organizing events and training startups through the Swiss Start-Up training program. The organizations work together in various fields. CTI Invest, on the other hand, will provide support for any selection, coaching of, or Demo Day for investors participating in the Swiss Startup Factory accelerator program.

George Soros Gives his Views on the Future of China’s Economy

George Soros, who is a billionaire investor, pointed out that the economy of China, which is fueled by debt on https://en.wikipedia.org/wiki/George_Soros, is similar to that of the US during 2007/08 financial crisis, prior to the halt of the credit markets that spurred global recession.

During an event on Asia Society that was held in New York, George Soros said that Chinese credit-growth figures for March were to be warning signs. The second-largest economy in the world exceeded its median forecast by 1 trillion yuan in March. This signaled that the government is giving growth priority over reining in debt.

Soros said that whatever is happening in China is a resemblance of what had happened during the US financial crisis of 2007/08 that was in a similar manner fueled by growth in credit on http://www.nybooks.com/contributors/george-soros/. Most of the money supplied by banks is necessary to shun bad debts and keep loss-making enterprises alive.

George Soros was able to build a fortune of $24 billion through understanding wagers on markets. In January, during a World Economic Forum, he said that he has been betting against the Asian currencies since a ‘nose dive’ in china is in real sense unavoidable. The Chinese government did not meet his remarks positively, and they rebutted his assertion claiming that he has been making similar predictions in the past.

Soros said that the banking system in China is full of loans than deposits and not only does trouble lie on the assets side on http://www.georgesoros.com/, but there are also increasing troubles on liabilities side. Since other banks will have to lend one another, that is an extra source of instability and uncertainty. This problem has been postponed and it is possible to postpone it for another year, but it is growing and at an exponential rate.

The Chinese economy gained pace in March as surge in new credits helped property sector rebound. The housing values in high-cost cities have ascended, with prices of new homes in Shenzhen rising by 62% within a year. According to Soros, while the real estate industry in China may be in a bubble, it still has the potential to thrive for some time, just like in US in 2005 and 2006.
Read more about this: George Soros Gives his Views on the Future of China’s Economy

George Soros

George Soros, born in 1930 in Budapest, started Soros Fund Management LLC, which he currently chairs. Being one of the most successful financiers in history on http://www.investopedia.com/university/greatest/georgesoros.asp, his views on economic issues and investing are widely followed.

Following his success in investing, Soros established the Open Society. The society is made of a network of foundations, projects and partners in over 100 countries. His staunch commitment to the ideas of open society; where government is accountable, rights are respected and everyone has access to the truth, is what makes Open Society Foundations to stand out unique from other private philanthropic efforts.

Dick DeVos: Life & Business

Dick DeVos is currently getting into the liquor business. His Grand Rapids-based holding company, Windquest Group, has begun the process of purchasing Coppercraft Distillery. While Windquest hasn’t confirmed its ownership of the entity, it is the primary party to accept mail and documents on behalf of the entity. On January 20, the LLC approved the license transfer which will kick start the first steps of the process. This will involve a site visit and approval of sale, however, a transfer of a liquor license can take up to six months to be approved. The current owner of Coppercraft Distillery, Walter Catton III, said he was not able to talk about any deal between him and DeVos at this point, but he has been looking to expand his distillery and tasting room with the help of an investor. This distillery provides liquor to more than 100 locations throughout Michigan which vary from individual clients to restaurants. Once approved, Windquest will add the Coppercraft Distillery to their growing list of businesses which include Reserve Wine and Foods, The Stow Company, Boxed Water and Neurocore, and many other investment firms.

According to Wikipedia, Dick DeVos was born in Grand Rapids, Michigan and has been involved in the community as well as the family business since he was a child. He is a graduate of the Forest Hills public school system and earned a bachelor’s degree in business administration from Northwood University. He also attended, but his not graduate from, Harvard Business School. He is married to Betsy DeVos, the former chairperson of the Michigan Republican Party, which DeVos is quite involved in too according to MLive.
DeVos’ business prospects began in 1974, where he worked with Amway Corporation. He eventually became one of Amway’s vice presidents which gave him responsibility for the company throughout its operations in 18 countries. The DeVos family got ownership of the National Basketball Association’s Orlando Magic in 1991 and Dick became the CEO and President of the team. In 1993, DeVos left the Orlando Magic behind and became Amway’s president. During his time as Amway’s president, he expanded the company to more than 50 countries. Read more about Dick’s involvement in Amway Corporation here: http://www.mlive.com/news/grand-rapids/index.ssf/2010/09/amway_heir_dick_and_betsy_devo.html
DeVos is now actively involved with the Windquest Group as a holding company and he and his wife have a family foundation that serves as a promoter for organizations that position local and global communities for viability and growth.