Category Archives: Finance

Investing in Your Employees Development can yield a high return on investment

Angela Koch is the CEO of the US Money Reserve. It is one of the largest distributors of government-issued silver, gold, and platinum coins. In addition to overseeing the operational aspects, she also sets the culture and pace of the organization.

Read: U.S. Money Reserve Internship Program Celebrates Two Years | PR Newswire

Angela Koch is the only female Chief Executive Officer in the precious metals industry in North America and Europe. Known for its exemplary service, the US Money Reserve strives to provide its clients with the highest quality precious metals in the market.

Since its inception, the US Money Reserve has helped a multitude of individuals make informed choices in their dealings involving precious metals such as gold, silver, and platinum.

To date, the US Money Reserve has served over half a million clients. It has a team of motivated professionals who build relationships with clients. Angela Koch believes that learning about the customers’ needs enables an organization to facilitate those needs at the highest level.

By allowing her employees to grow, Angela Koch believes that this benefits the company in the future. Ms. Koch takes her role in the company very seriously.

Empowered and motivated employees are better able to make excellent decisions and drive the business. Investing in the development of employees raises the quality of their output, and the company grows as a result.

Angela Koch also shared her arduous journey to becoming a CEO. She dropped out of college through personal experience. Not long after, she got married and gave birth to her first child. Her ex-husband was a professional golfer and was taking classes to become a club pro.

These circumstances pushed her to jump right into working. At that point in her life, the reality of adulthood set in. She had to find a way to pay the rent and other bills. Ms. Koch began working multiple jobs. At each appointment, she made a point to learn how everything worked.

Ms. Koch was not picky with the companies for which she worked. She took positions at electrical companies, pharmacies, and even a Jewish Foundation despite her Christian background. Being young and hardworking made her fit in at any job she took up. After working for the Jewish Foundation, Koch moved to KLA-Tencor.

KLA-Tencor is a company that deals in process control using advanced inspection tools and computational analytics. At KLA-Tencor, she worked in strategic business development. This branch of the company handled all strategic planning, merger, and acquisition sessions. Next, she worked at a ranch of Kobe Beef. She helped the ranch get certified as a producer of non-hormone treated cattle.

After her stint at the ranch, Koch moved to the US Money Reserve. In her time there, she has been able to organize the integration of their services to the ERP system.

Read more: U.S. Money Reserve Inc. |  Better Business Bureau; Profile

As she continues to grow the US Money Reserve, Angela Koch believes in not looking back and knowing one’s strengths. She also believes that success is mandatory and that excuses don’t build empires.

Learn more about US Money Reserve:

https://www.bizjournals.com/austin/press-release/detail/545/US-Money-Reserve

How Pharmaceutical Entrepreneur Marc Beer Came To Establish Renovia Inc

Marc Beer holds over two decades of experience in the biotechnology industry, during which time he has worked with a variety of organizations. Throughout this time, he has seen a considerable amount of success and has brought many of the firms that he worked with to the top of their respective niches. The most prominent reason behind this is that the entrepreneur has consistently looked for unique and creative solutions to the challenges that these companies face, as well as helping to grow their market share considerably.

 

Before entering the industry, Beer started developing his skills at Miami University, which he eventually graduated from in 1987 with a Bachelor of Science in Business. Following this, he began working in pharmaceutical sales and marketing, during which time he served with a variety of firms. One of the most notable of these during his early career was Genzyme, in which he soon began working his way up. Eventually, this led to the entrepreneur being named the firm’s Vice President of Global Marketing.

 

As a result of this, he was able to help the company’s product line to the 350 million potential customers that these products could benefit from. While with Genzyme, Marc Beer developed an interest in creating his firm. Armed with the skills and knowledge that he had obtained over the previous years, he decided to take the risk and left the company, eventually going on to found ViaCell. In the years following this, the pharmaceutical sales and marketing organization would go on to see a significant amount of success.

 

After being founded in 2000, the company would go on to be listed on the NASDAQ, as well as work on a large number of projects. In 2007, this led to the firm being sold to PerkinElmer for $300 million. However, it was soon after Marc Beer saw this success that tragedy struck, as his wife died suddenly as a result of a pulmonary embolism. This led to the entrepreneur taking an extended break from his career to look after his three children. Learn more: https://www.prnewswire.com/news-releases/lumenxt-names-marc-beer-chairman-of-the-board-300822547.html

 

After a few short years, however, one of his daughters told him that he should focus back on his entrepreneurial pursuits. As a result of this, he soon saw himself becoming involved in a variety of organizations, the majority of which would see a significant amount of success. In was in 2016, however, that Marc Beer would receive an opportunity that would be too good to miss up. This began when he received a phone call from Dr. Ray Iglesias, a gynecologist with over three decades of experience treating pelvic floor disorders.

 

In the months that would follow, the pair would create a company that would end up being called Renovia, which has seen a large amount of success since being founded. Throughout the following two years, the company would go through a variety of research and development phases, with Marc Beer eventually leading the company to release the Leva device, which received approval from the Food and Drug Administration (FDA) in April 2018.

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Marc Beer Is An Example Of Successful Entrepreneurship In Biotech

Sometimes even great ideas in biotech never truly come into fruition because they don’t have the right entrepreneurs and business experts behind the project to make it successful. One of the entrepreneurs in the industry that has become known for their work and expertise is Marc Beer the current Chairman of Good Start Genetics, Minerva Neuroscience, and Renovia. In addition to being Chairman, he is also the Chief Executive Officer of Renovia. Throughout his career, Marc Beer has been able to get much needed-medication and other products to the people who need them. He began his career after earning a Bachelor’s of Science in 1987 in Business from Miami University.

 

In addition to a strong education, Marc Beer is known for having a natural talent for his chosen career path that has focused on marketing different products related to medicine. Though the money that he has made during his career is impressive, he states that some of his main motivation is his ability to help others through the work that he does. People are important in his career and this includes the people that he works with as well. Without the right team, he knows that it can be almost impossible to complete different projects. This is why the entrepreneur puts so much focus on making sure that the team that he works with has the right talent and drive to get the job done correctly and in a timely manner. Recruiting the right talent and creating the right teams when it comes to leadership has become the main focus of his time at work. Learn more: https://www.prnewswire.com/news-releases/lumenxt-names-marc-beer-chairman-of-the-board-300822547.html

 

Giving back to others is something that Marc Beer cares deeply about as he wants to do more than just help people through the products created through the companies that he has worked with. He uses his ability to come up with innovative solutions to help others. He has also served on several boards and councils where he is able to make even more use of his experience and expertise. On a business side of things, he had served the Graduate Research and Advisory Council as well as the Research and Commercialization Advisory Committee at Notre Dame as a member. He is also currently serving the Business Advisory Council at Miami University as a member. He has also served on health-related boards throughout his career along with supporting charitable causes financially.

 

As a very successful entrepreneur, many people have asked Marc Beer for his advice on the business side of medicine. There are several things that he suggests entrepreneurs do to improve their own chances of success that include remaining logical, enjoying the process, giving back, and creating a solid financial plan early on. He has followed his methods throughout his entire career as he has committed himself to help others in the medical field such as patients and practitioners. His leadership skills allow him to find workable solutions to the problems that he and his companies have come across over the years and he continues to repeat the process.

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Marc Beer: Offering Pelvic Floor Disorder Treatment Through Renovia Inc.

Marc Beer is an American entrepreneur who is based in Boston, Massachusetts. For more than 25 years, he focused his career on helping medical companies grow. Using his skills in managing businesses, he is introducing new strategies on how medical companies can expand. He is also formulating solutions for the companies to resolve any issues that they might encounter along the way. Marc Beer graduated with a Bachelor’s degree in Business in 1987, and he stated that the knowledge he gained from his alma mater – Miami University – prepared him to become a hardworking and determined entrepreneur.

 

Throughout his career that spans for more than two decades, he has been a member of various companies – Genzyme, Viacell, and Family First, among others. However, he would focus most of his time and energy managing Renovia Inc., a business that he established in 2016 along with two other co-founders. Renovia Inc. is responsible for the creation of the leva Pelvic Digital Health System, and since its launching, millions of people reported to feel better, and they are no longer suffering from incontinence brought by the pelvic floor disorder. Marc Beer was able to demonstrate what he can accomplish after the Leva Pelvic Digital Health System entered the market. Since then, he focused on developing more medical wonders for the public.

 

One of the reasons why Marc Beer decided to create the Leva Pelvic Digital Health System is because of the statistics that were presented to him. He found out that 250 million women all over the world suffer from pelvic floor disorders, and he wanted to find out if he can create a treatment for the condition. He partnered with scientific experts and started to perform various experiments until they settled with the leva Pelvic Digital Health System. Today, this product can be purchased from any drugstore, as long as the buyer has a prescription on hand.

 

The number of women who were experiencing incontinence and other related issues due to pelvic floor disorders went down as Leva Pelvic Digital Health System flooded the drugstores all over the country. Marc Beer was credited for his ideas, and more investors wanted to pour in money with Renovia Inc. because they saw that it has a lot of potentials. In response to the positive reaction from the public, Marc Beer stated that there will be more treatments that will be released by his company in the future. Learn more: https://patch.com/massachusetts/boston/renovias-marc-beer-raises-42m-treat-womens-health-issues

 

Meanwhile, other medical companies like LumeNXT decided to ask Marc Beer for his services. LumeNXT is a company that produces illuminated surgical equipment that makes it easier for surgeons to perform surgeries. Marc Beer accepted the offer, and he stated that he is ready to provide any type of assistance that can help the company move forward.

 

The medical industry in the United States keeps on transforming because of people like Marc Beer. They are introducing new innovations that will benefit the public, and their main goal is to improve everyone’s health and make sure that their knowledge is put into good use.

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About The Distinguished TJ Maloney of Lincolnshire

TJ Maloney is the CEO and chairman of the Lincolnshire Company that is well-known globally. The firm deals with private equity with its primary focus on investing and acquiring industries in the middle-market. TJ Maloney joined the TJ Maloney joined the organization in 1993. His academic background is BA from Boston College plus, and he went to law school in Fordham where he earned a J.D. Further, he has experience in security, acquisitions and merger laws that he practiced in New York

Before working at Lincolnshire, TJ Maloney served as the Chairman at the Boston College Wall Street Council.

Additionally, he was on the trustees’ board in Fordham Law School and Boston College. He disseminated information to students at Columbia University on the MBA program. Due to his outstanding work, he received the Richard J. Bennett Memorial award. The Fordham Law School rewarded him for upholding moral standards in the community. In return, TJ Maloney gave back to society by donating $5 million to thank the school for nourishing him to the successful person he is today.

Lincolnshire has become lucrative with TJ Maloney as its leader since it sold Holley Performance in 2018. The buyer of the firm was Sentinel Capital Partners, which is the private equity profession too. Although comprehensive details about the sale were discreet, Lincolnshire closed the deal with high profit. TJ Maloney and his able team increased the investment value of the company to a higher level. Put, its net worth has tripled up since the trade was a mega one. Other sales are Fabri Group and Amports Inc. that have kept the company on top.

Recently in June 2019, Lincolnshire recruited four individuals to join the thriving industry. They included Georg, Yashna, Matthew, and Nicolas, who were competent and active in their work. Their duties revolved around finding new opportunities to invest, as TJ Maloney described. He added that the company was on the forefront to acquire talented staff that would bring growth to the firm. He also said that they would work as a team to get the best out of business.

Read more here https://edgehillcenter.org/lincolnshire-management-and-tj-maloney-a-prominent-name-in-private-equity-management/

 

Marc Beer On How To Be A Successful Entrepreneur

It’s never easy going into the business world and becoming an entrepreneur but that certainly never deterred Marc Beer. The 58-year-old founder and CEO of Renovia have had a lot to contend with in his three-decade career but he has never let adversity get in his way. So how has he managed to get to where he is today? Well, his academic career first begins in the autumn of 1983 when he first matriculated at Miami University and decided to major in business. Four years later, he found himself with a business degree and no idea what he wanted to do until he received a job offer from a company known as Abbott. After working in their sales department for over half a decade, he decided it was time to move on and accepted an offer from Biostar working in their marketing department.
In 1996, he was offered another position at Genzyme where he served as one of their vice presidents in the global advertising department. He stayed with that company for almost five years before realizing he wanted to open his own company and left to do exactly that. In May of 2000, he became the founder and CEO of Viacell. Based out of Cambridge, Massachusetts, the primary the mission of the company is to analyze the genetic makeup of stem cells found in umbilical cords in an effort to uncover any potential cures they may hold. Although the company employed a significant amount of people and went public in 2005, it wasn’t long before they had to sell the business in 2007.
Shortly thereafter, he had to deal with a family tragedy as a pulmonary embolism tragically took the life of his wife, Jennifer, at just 42 and he had to become the sole caregiver of his three children. He spent the next two years attending PTA meetings, helping them with whatever homework they needed and taking care of them whenever they were under the weather. Before long, however, his daughter made him see the truth that the business world still needed his philanthropic passion so he decided to start working on creating a brand new company called Renovia in 2016. Based out of the Boston area, the sole mission of the company entails developing and mass-producing medical products to help patients suffering from various conditions.

Learn more: https://blogwebpedia.com/marc-beer-entrepreneurial-spirit-biotech.html
Despite only being around for a few years, the company already seems to be taking off as they were recently awarded a grant to help continue their development and medical research projects. They also had their first product receive a stamp of approval from the food and drug administration. So we wish him the best of luck in his future endeavors.

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The Multifaceted Max Salk

In this day and age when access to learning the skills of many different fields thanks to the internet has become such a prevalent way to develop a person, it creates a new breed of workers. Ones that aren’t confined to one thing. These types of people are often called Generalists which is another way of saying someone has a modern renaissance air to them but in a more professional style. Someone who is a good example of keeping their pathways open through a Generalist professional lifestyle is Max Salk. 

When looking at his professions, it’s not hard to understand why he’s viewed as a renaissance man. One is working as a landscape photographer and the other is working as an investment analyst. A Finance major, Salk graduated from the University of Illinois at Urbana-Champaign. During this time, he discovered an interest in markets and developed in newfound interest by investing and researching stocks. In regards to his love for his photography, during his junior year, Salk studied abroad in Rotterdam, Netherlands. During his time there, he discovered his love of the art of photography and one of the shots he took abroad ended up being featured on his website. 

Following his graduation, Salk joined an investment management firm in Chicago named PPM America, where he found himself strongly in his element as he was required to research capital and financial markets while also making investment recommendations. After three years, he would move on to New York to his current job as a member of Blackstone. During all of this, he would still keep a good grip on his career as a photographer. 

When Salk was asked how he accomplished such a professional lifestyle, he explains that he’s able to keep up with two different professions because he has a deep love for the both of them which makes it easier to stay motivated which highlights the old saying “Choose a job you love, and you will never have to work a day in your life”. 

https://www.facebook.com/max.salk.1

Picture This: Max Salk

 Max Salk is a man who has a couple of different talents. He has a head for business and a head for photography. He has had an acumen for business since he was a young man. He is also a man who likes to share his secrets to a well balanced life. In a recent interview he talked about what makes him so successful.

One of the things that he shares with people is to be prepared when it comes to business or life in general. One of the examples that he uses to illustrate this point. IBM was a company that was founded in the early 20th century. The company started by selling deli slicers, punch cards, and scales. Now it has become one of the leading tech companies in the world today. The reason the transition works was due to the fact that the strategy changed. Being able to prepare the business for future changes has helped them remain at the top of their game.

A second point that Max Salk makes for future businesses and people is to be able to adjust on the fly. Being able to be flexible when an unexpected situation arises can make all of the difference when it comes to good business. The example he uses here is Netflix. Renting DVD’s was popular for a time but the company had to adjust due to the popularity of streaming which is much easier for people. 

A final point that Max Salk makes is making a moment count. This is especially true in business and in life. One example that he points out is a tennis match. He says that if two players are equally good at the game it came come down to crucial points as the game is played. A single point can make all of the difference. 

These are a few things that Max Salk wants people and businesses to keep in mind to have a recipe for success. Being mindful of things that can be controlled and not worrying about the things that are out of reach. Max Salk knows what he is doing. 

https://ideamensch.com/max-salk/

The Resurgent Career Of Marc Beer

Not many people have had quite as the winding of a career as Marc Beer but, through it all, he has managed to endure everything life has thrown at him. So what’s his secret to his long-lasting and
pervasive success? Well, it all began back in 1983 when he first decided to matriculate at Miami University. From an early age, he knew he wanted to be an entrepreneur so, naturally, he decided
to major in business. After four years, he received his degree and accepted a position at a company called Abbott where he worked in their sales department for over half a decade.
Afterward, he was at Biostar where he worked in their marketing department for two years before moving on to Genzyme.
Whilst there, he was promoted to become the vice president of global marketing, a position he would hold for almost half a decade before becoming the founder and CEO of his own company,
Viacell. Founded in May of 2000 and based out of Cambridge, the company serves to analyze the stem cells found within the umbilical cords of new mothers in an attempt to discover new cures and
treatments for various conditions. The company proved to be a big success with over $300 billion in profit but it wasn’t long before he decided to close up shop to move onto bigger and better
things. Before he could, however, he received the distressing news that his wife of over fifteen years had passed away from a pulmonary embolism at just 42 years of age.
As such, he found himself in the position of having to raise his three children all by himself, a position he embraced wholeheartedly. However, one of his kids helped him to realize the business
world needed him so, before long, he had gotten back on that horse and started a new company called Renovia. Established in 2016 and based out of Boston, the company’s main goal is to develop medical products designed to help those who are suffering from various conditions. One of the conditions they’re currently attempting to treat is incontinence which is estimated to affect almost a quarter of the American female population. Despite being around for just a few years, the company has already thrived under his visionary leadership.

Learn more: https://blogwebpedia.com/marc-beer-entrepreneurial-spirit-biotech.html
In fact, they recently received a $32 million grant to continue funding their research and development department with an additional $10 million to help with their financial ventures. In a
recent statement, he advised future entrepreneurs to ensure their financial strategies are sound and effective, always focus on giving back to those in need and make compromises for the greater
good of the company. So we wish him the best of luck.

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Max Salk: A creative and Contemplative Businessman

Max Salk has the capacity and ability to get the job done efficiently when analyzing various sets of data. From there he has a comprehensive plan to make sure that the best decisions are made within his business. Not only this, but he has a promising and successful career as a creative photographer. This all started as a hobby but slowly turned into a passionate part of his career. Max Salk recognizes that in a modern age, things can be difficult with everyday life. Things are definitely not as simple as they used to be with new gadgets coming out every day. It’s easy to fall into the trap of obsessing over the new advancements and get caught up in the hustle of modern living. This is why Max Salk resigns to hold a good old fashioned i-pod instead of every new gadget available on the market.

He believes in the advancement of society to be used as a tool. Often times, people start getting used though by the technology itself. He strikes an amazing balance between technology and his business life. Preparation is the motto he holds in all his business dealings, and his success is attributed to the abundant amount of preparation he puts into all his projects at the office or in the black room. Being prepared is something people don’t always think about, but Max Salk always attempts to make people aware of the effectiveness of the strategy and to always have a backup plan in life. 

Like a fisherman at sea, he believes that you should always struggle for your passions. Sometimes the fish struggles and even sometimes it may getaway. But casting the reel out to sea over and over again is the definition of persistence. This he believes is the key to making any dream a reality. An excellent example of this is where he continually applies this principle in his photography business. What started with a tourism round of picture taking turned into a passion that he relentlessly pursued with heart. This yielded a successful endeavor that he holds as a passion. 

https://medium.com/@maxsalk