Category Archives: Finance

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/

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

Tips From an Expert on How to Fund that Brilliant Idea

What prevents most brilliant ideas from becoming a reality? For the most part, it is a lack of funding. Far too many entrepreneurs see their dreams and ideas die on the line because they don’t have the finances necessary to produce or market them.

Paul Saunders, the founder, and CEO of the James River Capital Corp. is a graduate of the University of Virginia and the University of Chicago. His career has spanned years and has included roles in investment banking and investment trading. James River Capital originally was the alternate investment department of Kidder, Peabody,& CO. It became an independent investment company in 1995 when it was purchased by Paul Saunders and Kevin Brandt. Paul Saunders has always had a passion for finance. This led to a career in investment banking and makes him a voice of reason and experience worth listening too. Learn more: http://jrccblog.net/

In an article recently published in the Premier Gazette, Saunders shared some much-needed advice with those who have brilliant ideas but no finances. The funding strategies shared in the article are designed to help entrepreneurs launch businesses and bring ideas to life.

The emphasis of the tips shared by Saunders in the article is for the creation and not competition. His list has seven tips. Here are the top three.

Bootstrapping
Bootstrapping refers to personal funding; money/funds that a person has on hand. This includes personal savings, credit cards, and borrowing from family and friends. Even though bootstrapping may not be a way to fund your complete business startup goals, it is the best place to start because you won’t have to give up equity or control to a second or third party.

Bootstrapping says to possible contributors that you believe in yourself. Using your own resources proves that because you have invested financially in the business you are more likely to work hard to ensure that it succeeds.

Crowdfunding
Crowdfunding is a relatively new form of business funding that relies on contributions of various amounts from a large group of people. Kickstarter is a crowdfunding platform that allows supporters of your idea or project to pledge to the goals and tiers you set. Those who support you through crowdfunding are not looking to be repaid. This platform works best if you have a social media following or if your product or service addresses a high-demand gap.

Business Loans
Bank loans and loans from the Small Business Administration (SBA) are two of the more common types of bank loans. Both require that you have a strong credit score. The interest rates on bank loans are lower, but the loan has a lengthy approval process. The interest rate on an SBA loan is usually more expensive but they are easier to qualify for.

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Marc Beer

LumeNXT announced that it’s named Marc Beer as its new Chairman of the Board. LumeNXT is a privately-held company that specializes in surgical illumination product lines used for minimally invasive surgery. The number of minimally invasive surgeries has risen over the last decade. LumeNXT develops specialized illumination technology that aims to make those procedures safer.

The company’s overall mission is to provide clinically valuable solutions for numerous types of minimally invasive surgical sites. LumeNXT recently developed a non-tethered device that allows the illumination to attach to any surgical device, offering the surgeon more flexibility and light-control during surgery, and it also complements standard operating room tools.

It should go without saying that lighting during surgery is vital; it’s literally a matter of life and death. Lighting affects how well a surgeon can see what he or she is doing, and it also affects how well they’re able to interact with fellow members of their team within the operating room. LumeNXT’s latest technology could be hugely beneficial, as it enables illumination to come from within the surgical area. Learn more: https://www.prnewswire.com/news-releases/lumenxt-names-marc-beer-chairman-of-the-board-300822547.html

In the past, many institutions relied on electric bulb technologies, but those technologies never fully caught on. Despite its availability, electric bulbs didn’t offer the needed illumination quality, they burned very hot, and were bulky to handle. In this day and age, technological advancements have generated white light emitting diodes (wLED), micro-electronic switching technology, and compact high power batteries. LumeNXT is dedicated to combining all these technologies into something considerably better than what’s available today. Their first lineup promises to make this new technology viable and cost-effective.

If thinking about surgical applications is too broad-minded, think about what this technology could mean for dentists, who often work inside a cavity. Being able to light the surgical site from within the mouth would ensure a higher chance of safely succeeding and minimize risk. Learn more: http://inspirery.com/interview-with-marc-beer/

Bringing LumeNS to light is Marc Beer, who has 25 years of experience working in the medical industry. He specializes in developing and commercializing biotech, pharmaceuticals, and devices. He’s worked at numerous companies, even founding some of his own. He joined LumeNXT because he was excited to work the team developing some of the most promising technology in the field.

Before joining LumeNXT, Marc Beer served as a member of the board for many companies. He also continues to serve as CEO of numerous companies. One of his most successful startups was ViaCell, which was acquired by Erytech Pharma in 2007.

Marc D. Beer, the Most Sought-After Entrepreneur

Marc D Beer is one of the most admired entrepreneurs. He brings in an experience that is over two decades. He has worked in several leading companies as a president and CEO. His expertise has seen him become the most sought after entrepreneur. Among the companies that Mr. Beer has worked in are; Good Start Genetics, Viacell Inc., CytoPherx Inc., Erytech Pharma Société Anonyme among many other firms. Learn more: http://inspirery.com/interview-with-marc-beer/

 

Marc’s success has been as a result of his hard work and persistence. He always believed in himself and mostly focused on the end results. He always ensured that he learned something new every day and made steps to better himself. This saw him rise in the corporate ladder steadily. Besides this, he earned trust from his employers who did not hesitate to offer him help whenever he reached out to them.

 

After working for a long time in other companies, Marc Beer felt the need to spread his wings further and fill the gap that was there in the market. He came up with an idea where he started his own pharmaceutical firm, Renovia. This he did to bring the much-needed change in the community.

 

The success of Renovia has been as a result of Mr. Beer’s ability to keep it among the things that he prioritizes. Here he applies his long and hard-earned managerial skills to bring out the best in what he does. His workers, too, are highly trained to ensure that the company’s activities run smoothly.

 

Marc Beer believes so much in relaxing the body and mind too. This he does by spending time with his family, who are his biggest supporters. He encourages other entrepreneurs always to try and balance between family and work so that to progress while moving a fulfilling life. He adds that family can be a great source of ideas, and thus, one should show interest that important aspect of life.

 

Marc Beer, who is also a motivational speaker, advised that any entrepreneur should do his research and calculations well before embarking on any project. He adds that inasmuch as a person can have big dreams and visions, a person can fail terribly if they fail to do proper planning. Therefore, investigation, research, and weighing down the possible outcomes, both negative and positive, is very crucial.

 

To upcoming entrepreneurs, Marc Beer advises that they should first raise enough capital before starting any business. This will help them avoid unfinished projects. Knowing how to generate capital is the most important thing because it means an upcoming business person will not be stuck in the middle. Marc D.Beer is a Bachelors of Science in Business Administration graduate from the prestigious Miami University based in Ohio.

Marc Beer Joins LumeN XT as the Board Chairperson

LumeN XT, Inc., a private-owned company, has named Marc Beer as its board chairperson. This company specializes in the development of a patented line of innovative surgical illumination products for slightly invasive surgical procedures. He brings his unparalleled experience in developing quality products and commercializing them to the new powerful position.

 

Marc Beer said, “I’m happy to partner with such a committed and competent team of professional surgeons and engineers who have grown the surgical illumination arena with the cutting-edge LumeNXT patented technology that is vital in the safe performance of surgery.” “I’m confident that more people will begin to appreciate the significance of LumeN XT technology as more surgical procedures are done with slightly invasive methods.”

 

Surgeons that leverage targeted illumination discover that the technique is more effective in improving visualization, accuracy, and flexibility in operations than traditional methods.

 

LumeN XT provides a sophisticated illumination platform that serves as a heat reduction tool to enhance surgical meticulousness, affordable disposable alternatives, and safety through improved visualization.

 

“Beer has shown an impressive level of success in various startup businesses that he has steered through the numerous growth stages,” pointed out Co-founder Paul Rhyne of LumeN XT. “His extensive experience in founding companies and steering them through international commercial rollout and the route to success is much needed as our company undergoes rapid growth.”

 

Who is Marc Beer?

 

Beer is an experienced executive with more than 25 years’ experience in the arena of pharmaceutical, biotechnology, and diagnostic. He specializes in product development and commercialization. He obtained his undergrad from the well-known Ohio-based Miami University. Earlier in his professional career, Beer held several senior posts within a specialty care firm called Genzyme that specializes in developing therapies for incapacitating diseases, which are usually hard to detect and treat. Learn more: https://renoviainc.com/leadership/

 

He founded and acted as the CEO of ViaCell, an innovative company that focused on umbilical cord blood stem cells collection as well as preservation. Within a span of 7 years, he had grown the company from infancy to rapidly expanding and strong commercialization organization. Marc Beer is the founding CEO and chairperson of Renovia, Inc., a groundbreaking company that focuses on discovering and providing first line digital treatment and diagnostic tools for women with pelvic floor complications. He started this company in August 2016. Before Renovia, he was the founder and chair of a clinical-stage biopharmaceutical firm called Neurosciences Inc. This company specialized in creating a line of products to fight against central nervous system (CNS) diseases.

 

LumeN XT in Brief

 

This privately-owned company specializes in the development and commercialization of surgical devices. It is a pioneer in the use of the innovative intracavity light emitting diode (LED) illumination. It also provides a unique illumination platform that serves as an adjunct tool to boost the accuracy of surgical procedures, the efficiency of workflow, and safety thanks to the better visualization.

 

Max Salk and Bond Ladders

For those who want to simply lock in a fixed rate, receive coupon payments with a fixed sum of money and want to go about their business, price fluctuations in the fixed instruments markets are no big deal. But price fluctuations are a big deal for those investors who do not have direct exposure to bonds and hold them to maturity, it is a big deal for those who hold them through mutual funds or ETF’s.

So what sort of options are there for investors who are interested in owning bonds to maturity?

Well, fixed income experts like Max Salk might point you in the direction of bond ladders.

What Are Bond Ladders?

Bond Ladders seems as if they are complicated instruments but they really are just a way of buying bonds in a manner that optimizes for varying maturity dates. Max Salk and other professionals advise individuals to invest in bonds that mature sooner, to collect their coupons and then re-invest these coupons and the initial principle into fresh bonds that may produce better yields. As such, if rates were to fall, then the investor would be able to have the peace of mind knowing that they will have income coming in at higher rates for a set period of time while rates may fall in the present.

As such, investors would want to be aware of interest rates as they are going up and would want to purchase bonds to have higher yields.

Individuals can be certain that they will get the best options if they are implementing a simple bond ladder strategy. This laddering technique doesn’t just have to be for bonds, they can be utilized for CD’s, T-Bills, Muni’s and junk bonds as well.

How you create ladder will vary and be totally based upon your needs and wants, each investor and their needs will vary.

Choose wisely.

https://interview.net/max-salk-photographer-investment-analyst/

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