Making a Successful Entrepreneur by Adam Milstein

With the idea of finding out what makes Adam Milstein successful and the strategy he employs to reap full returns, IDEAMENSCH conducted a one on one interview with the philanthropist on the 9th of December 2016.

When asked the idea behind Hager Pacific Properties, he attributed it to the desire to go out on his own. He arrived at the States with the aim of pursuing further education. A few years later, he graduated with a Master in Business Administration.

However, the hiring organizations saw him as an inexperienced and less knowledgeable person. As a result, the companies offered him a much lower pay, much less than an undergraduate was making. Lack of appreciation from the employers prompted him to go out on his own and work as a real estate commercial broker. After three years, he became an investor in the real- estate and introduced Hager Pacific Properties.

A typical day, according to Milstein often changes regularly. The structure of events changes as one continues to acquire more assets. However, his entry into philanthropic work ensures his day to day events are much more fulfilling.

To be successful, you have to be ready to follow your plans through to completion. Among the things that excite Milstein is the ups and downs he faces in the real estate business. For instance, the supply always falls behind the demand. The prices are ever fluctuating and getting results in the real estate industry takes time and requires patience.

According to Crunchbase, Adam Milstein advises the future entrepreneurs to go a mile further and understand the underlying issues themselves. Relying on other people will not improve your Knowledge. Active participation will most certainly make someone better.

One of the mistakes that an entrepreneur can ever make is trying to be successful in a short time. Investing everything in one idea may cost an individual. The road to success is long and needs patience. Additionally, in all that you do, always leave room for family and rest. Learn more about Adam Milstein: http://www.businesswire.com/news/home/20161005006343/en/Jerusalem-Post-Names-Adam-Milstein-World%E2%80%99s-Top

Adam Milstein is a Native of Israel. He is, however, an American Businessman and Philanthropist. After participating in the Yom Kippusr War, he enrolled at Technion University. He got married to Gila Milstein and moved to the USA. Today, through Adam and Gila Family Foundation, he provides charitable services aimed at strengthening the Jewish Community.

 

Fabletics takes on Amazon through a Reverse Showrooming Business

Fabletics is a leading online retailer that deals in accessories and sporty clothing for women. The company operates mainly on a subscription business model at their main website. It strives to bring personalized clothing based on one’s tastes in fashion and personality. The online retailer was established by Kate Hudson, Don Ressler, and Adam Goldenberg in the year 2013. It had its official launch in October 2013 where it opened doors for customers. The firm has been on the fast path to growth. It recently opened a new line of sales that was an FL2 program for men’s athletic wear.

 

Throughout the years, Fabletics has succeeded because it has focused on a creative business model. The firm has started a successful advertising campaign with the help of social media. The previous belief was that the online marketplace was impenetrable. Some big players had a monopoly in the industry like Amazon. However, Fabletics has disproved the popular belief. The main for its success is its subscription model that creates a reverse showrooming. Many companies that operate online operate like showrooms. Possible buyers come to view products and later decide to purchase at a cheaper location elsewhere. However, Fabletics subscription and membership business model has attracted and retained customers. Potential clients that have liked the products sold by the company can purchase at a lower price by becoming members.

 

Showrooming has been the reason for several failures in several retailers. Another example would be shopping online through your smartphone and deciding to make a final purchase through a physical store. The internet community has seen the introduction of a reverse showrooming business model. Online shoppers find it easy to shop and make their final purchases online. The availability of discounted items at the stores has made customers stick with a certain brand. Fabletics has capitalized on clients who buy on the internet by building its business model through a membership feature. Buyers can purchase products at very low prices. Shoppers can also find product designs that are not typically available in other retailers.

 

Fabletics started by surprise and has taken the e-commerce fashion industry by storm. The masterminds of the business have a great and viable business plan. It has allowed them to maximize on their reachable audience. One thing is sure; Fabletics wants to create the possible experience for users. Customers that shop the internet can purchase what they want and have the best shopping experience. Fabletics’ business model has helped them take down top retailers in the industry such as Amazon.

 

A business that goes online faces several issues. Clothing tends to have a limit on styles. Even though Amazon sells clothing from different brands, its selection of styles is usually limited when it comes to athletic clothing. Fabletics saw the market gap and decided to introduce their unique products. The company has branded itself as selling stylish and elegant activewear. The clothes are usually fitted for people that want to improve their comfort and confidence when exercising. Fabletics continues to expand by opening several brick and mortar stores at different locations.

The Veteran and Now The Chairman of Capital Group

Timothy Armour, also known as just Tim, is the current chairman and the chief executive officer of Capital Group, for the Los Angeles office. Tim also is an equity portfolio manager with more than thirty three experience in the investment field. All these years with the Capital Group has earned several tittles during his career. He is also the current principal executive officer at Capital Research and Management Inc. his career path was shaped during his years at Middlebury College where he graduated with a degree in economics and from there on, joined the Capital Group.

After his graduation, Tim Armour worked at the Capital Group as a participant to the Associates Program in the year 1983. His hard work and ambition was recognized by the management and he was then made the equity investment analyst. Here, he was delegated with the role of engaging in international telecommunications and also overseeing service companies in the United States. His dedication to his work was once again recognized by the management and he was made the assistant chairman. As an executive, Tim worked alongside his colleagues in the executive level to ensure that the company’s operations ran smoothly and were well monitored.

Click here to learn more about Tim Armour.

Prior to being named the chairman of the Capital Group, Timothy Armour worked for the company at the position of the company’s chairman of the management committee. When James Rothenberg, the former chairman died of a heart attack in 2015, it was easy for him to take the position, given that his passion and determination has been seen by the company for the past thirty three years he has worked for the company. As the new chairman, Timothy Armour assures his clients that the company will continue giving them better returns regardless the financial situations the world is facing.

Since he was appointed, he continues to prove himself by leading the company in the right direction. He goes ahead to advise managers and leaders to invest quality time studying their companies as this is the only way that they can tap opportunities and uncover markets that had not been before. By being actively involved with the company and the industry it operates in, they are in a better position to acquire competitive advantage over other firms.

Timothy Armour is indeed a huge asset to the company. With his years of experience and his personal and interpersonal skills, Capital Group is guaranteed to forge ahead and continue being the largest investment fund companies in the world.

Related: You Don’t Have to Settle for Average Investing Returns. Here’s Why

George Soros’ Opinion on Ukraine Deserving Debt Relief

Ukraine is struggling to negotiate with its creditors to strike a deal, to fulfill IMF’s demands before getting further financial support says George Soros. The Russian aggression has seen Ukraine’s economy suffer a great deal making its current foreign debt ($19 billion) unsustainable. Talks are currently undergoing in San Francisco. Unfortunately, Ukraine has no recourse to bankruptcy as there is no chapter 11 provision for sovereign borrowers. Like George Soros, there is no provision seeking to institute a negotiating period between borrowers and creditors to look at the debts that should be reorganized or mediate negotiations between them. Ukraine and the private lenders can only negotiate on a setting where “might makes right”.

Ukraine’s Negotiating Leverage
In this setting, Ukraine has one option as leverage during the negotiations; threaten to default if it does not get debt relief. However, it is expected that if it chooses this route then bondholders will warn the country that no investors will invest in the country in the long term according to George Soros Ukraine. Sovereign defaults are very costly but, they harbor lasting effects if the lenders decide to drag out the battle like in Latin America (1980’s) or Greece today. If a country and its lenders reach an agreement fast, it will only take a year or two to get back on track. It is not the default that keeps the country outside the markets rather the prevailing economic problems that were at fault for the default first. Source: http://www.nybooks.com/articles/2015/02/05/new-policy-rescue-ukraine/

Brady Plan in 1989
Nicholas Brady, a former U.S. treasury secretary, understood this issue and unveiled a plan to deal with it. It pushed for banks to consider debt relief for at least the countries in Latin America looking for sensible reforms. Brady understood that the savvy investors like George Soros would consider the future as opposed to the past when deciding whether to lend to a country that has defaulted. Brady is presently the chairman at Derby Overseas Investments, Franklin Templeton’s private equity firm. Franklin Templeton is the largest bondholder in Ukraine and is against debt relief. Reconciling the position of Mr. Brady in 1989 to that of today is proving hard.

Ukraine Government’s Efforts
Ukraine government is fighting in a heroic way for the reforms that Brady advocated for back in 1989. These include corruption eradication, judicial system reforms, wean the country from Russian gas, boost agriculture, integrate economy into the EU, clean the banking system etc says George Soros. If debt relief can boost these reforms, investors ought to demand for it like IMF and ignore the perception that it will spell doom. If Ukraine chooses to default as the only means of getting relief then investors ought to applaud rather than condemn Ukraine for choosing it.

Revival of a Sovereign-Debt Restructuring Mechanism
Recently there have been efforts by academics and policy makers to renew a restructuring mechanism of sovereign debts along chapter 11 lines. It’s unlucky for Ukraine and others there are arguments that view default as ruining their reputation, it is against the US bankruptcy code. Chapter 11 views forcing a company (heavily indebted) to pay its debts in full as bad for business making debt relief better. The lenders should state they oppose debt relief openly rather than state that it is not good together with the default option.

Read the profiles of George Soros and Ukraine on Forbes

Dick DeVos Brings In A Solid Business Executive For The Stow Company

Dick DeVos has spent years running businesses, most notably during his time at Amway Corporation and now as CEO of The Windquest Group. But he’s also done quite a job finding professionals to run his subsidiary businesses which are part of The Windquest Group’s holdings, including home storage manufacturer The Stow Company.

DeVos recently hired Phil Dolci as the new CEO there to replace the retiring Frank Newman. Dolci has a great track record of running retail companies, including Kraft and Dean Foods, Sanford L.P., and most recently Crosman Corporation. DeVos has highly commended Dolci’s resume and is hopeful about the future of The Stow Company.

Dick DeVos spent many years at Amway Corporation, the company his father Richard DeVos Sr. co-founded with Jay Van Andel. This company is a prominent multilevel marketing company, which means they sell products directly to customers who can then become independent business owners and resell them to their own customers.

Dick got his bachelor’s degree at Northwood University, later going back to finish his master’s and doctorates, and he served as company vice president and later CEO during the 30 years at Amway. As CEO, he helped establish a parent company, Alticor and also grew the company overseas into 50 new countries. The company made billions in sales under Dick’s leadership. Learn more about Dick Devos: http://www.philanthropyroundtable.org/topic/excellence_in_philanthropy/interview_with_betsy_devos

Dick and his wife Betsy not only run The Windquest Group, they’ve started up a family foundation and been involved in philanthropic endeavors for over 20 years. Their primary efforts have been to change the education landscape in Michigan, and have done so through starting up scholarship funds such as Children First America and the Education Freedom Fund. Read more: Dick DeVos – President @ Windquest Group | CrunchBase

At one time they tried to get legislation for private school state vouchers passed, but came up just short. They have openly supported charter schools and even started one in 2010 called the West Michigan Aviation Academy.

The DeVos’s have a long history with the Michigan Republican Party, including Betsy DeVos’s time as chair of the party. Dick won election to the Michigan State Board of Education in 1990, and later ran for governor in 2006 but lost to incumbent Jennifer Granholm.

He did help pass right-to-work state legislation in 2012, and has donated to non-profit groups including Heritage Foundation and Action Institute. Dick is also a recipient of the Spectrum Health Foundation’s Art of Giving Award, and Betsy was recently tapped to serve as Secretary of Education in the upcoming Trump Administration.

Who Benefits From Gooee Smart Lighting Products?

Gooee smart lighting are fine options for businesses, and they often change completely to Gooee smart lights as the lights are more efficient. This article explains how a new smart lighting system from Gooee reduces costs for any business.

 

#1: The Lights Are Never On For No Reason

 

Lights are often left going for hours at a time in buildings around the world because no one is watching them, and they are not turned off when no one notices. The business cannot afford to pay for the lights to run constantly, and they will see the lights shut off when workers leave the room.

 

#2: Lights Are Fed By The Control Panel

 

Lights in the building are fed information by the control panel, and the manager of a building may set the lights to systematically turn on and off at certain times. The employees in the building learn when the lights turn on and off, and the owners of the building may shut off the lights completely when business is closed.

 

#3: Managing Usage

 

The control panel for a large LED lighting system from Gooee records usage of energy in the building, and owners of the building may check usage at any time. It is quite simple to manage power usage with the systems from Gooee, and everyone who wishes to calculate the exact cost of the energy may do so at any time.

 

The buildings built with Gooee smart lighting systems are quite powerful, cost-effective and easy to work in.

Lime Crime for Your Everyday Needs

 

There are many different makeup options that you may have looked at. You might be wondering what Lime Crime can do for you. The good news is that they have great makeup for your everyday and after hours needs.

What is Lime Crime?

 

Lime Crime is a makeup line made just for creative people. It consists of not just makeup that will work for an everyday need, but also for after hours options as well. The makeup has great colors that make a night out really great. The line was created by a woman that wanted to have other options that not many makeup companies have on the market.

 

Picking Colors

 

There are a lot of colors that you can choose from in order to have the best ones for your needs. You can choose and probably will need to choose more than one color to accent each other. You can pick a blue that is lighter and one that is darker so they work well together or you can even wear them apart if you want to. This will give you more options when you want to find something to wear.

Sparkles and Fun

 

There are a lot of different colors, but not just that. They also carry sparkle colored options to make your makeup more fun to do. You can find a few different colors that will go together or that will be find on their own. It’s really up to what you want and what you will be wearing it for, but sparkles can help you to feel more fun when you go out.

 

There are a lot of options when it comes to makeup, but once you try Lime Crime on Urban Outfitters, you probably will not want to have anything else. You should give it a try and see what you think so you can have the colors and styles you want for your best needs.  See more pictures from real LimeCrime aficionados on Facebook, or you can also buy them for yourself on Amazon.

A Brief Recap Of Entrepreneur Tech Genius Billy McFarland’s Life

Born in New York City in 1991, Billy McFarland, is a born serial technopreneur who started his first company at 13 years old by outsourcing services that matched designers and clients, making money on the side. Dujour says that having founded his first 3 companies before he could even graduate high school, Billy McFarland has surely raised the bar for young prospective entrepreneurs.

While still a freshman in college, Billy started an online ad-tech platform known as Spling that allows clients to drive more traffic to their sites thereby becoming one of the youngest entrepreneurs to obtain endorsement from some very reputable venture capitalists. Billy has been Spling since he founded it. His major clients at Spling include Warner, Universal, Discovery and the Hearst Corporation.

Magnises

Magnises, Billy McFarland’s most recent project was established in 2013. It is an exclusive social clubs with deals, special events and other benefits only accessible to card holders. The Magnises card is a black metallic card, slightly heavier than you would expect, linked to the holder’s bank account via a magnetic strip for payment purposes.

The card functions as any other debit or credit card vis-à-vis purchases and making payments. The catch, however, is the myriad of benefits that accompany owning a Magnises card. You can get into concerts, clubs, bars, and other events you would normally be allowed to step foot into just by flashing your Magnises card.

The Magnises App

There is a linked mobile phone app that helps get instant access to offered deals and choose activities you are interested in. To carry the card, members only have to pay $250 on annual basis and enjoy all the benefits. The Magnises social club has about 6000 members to date. Parties who have signed contracts with Magnises include clubs Goldbar and Finale, Restaurants Catch and La Esquina, Cyc Spin studio and Blade Tours, all in New York City.

What Next?

Billy McFarland and his staff generate enough revenue from clients membership fees so the company doesn’t need to raise any more funding (about $3 million). McFarland is planning to expand Magnises to other American cities soon, their next destination is Washington DC.

How to become a pro sports bettor with NCAA basketball

There are only a few ways someone can truly become a professional gambler. It’s possible by playing blackjack, or poker. It’s even possible to occasionally spot errors that casinos have made either in procedures or promotions and realize a long term positive return. However the best way to become a professional gambler is to bet on sports.

It’s widely known among the public that there are a few sharp players out there who can beat the sports books year in, year out. But most people wouldn’t have a clue how it’s actually done if you asked them. The truth is that every professional gambler has a deep understanding of statistics and probability. But most importantly they have become adept at the art of consistently applying those tools in a way that earns money.

If you’re new to sports betting one of the best areas to concentrate on today is NCAA basketball odds. The reasons are many. But the main reason is that you can almost always find a game during the regular season. Most days will see three or more games being played. Division I NCAA men’s basketball alone has 371 teams. This is important because when you first start out handicapping you want as wide a margin of error as possible. If you think the spread is five points too high that may not be enough. You may have to wait for a ten point error to arise. The beauty of many games going off every day is that it gives you the opportunity to extensively line-shop while only concentrating on one sport.

Professional handicappers use statistics, data mining and advanced analysis to determine when a line has been improperly set, a spread is incorrect or the odds are off. As you might guess this is a very broad topic. The best way to start learning is by reading everything possible from proven gamblers with decades of success. One of the best places to start is at covers.com, the brainchild of legendary handicapper Teddy Covers.

Covers.com has been providing intelligence, insights and odds to sports bettors since 1995. In addition they provide live scores, up-to-the-minute spreads and industry news 24/7, 365. Covers.com also features what may be the largest and oldest sports betting community online. The covers.com forum is an invaluable place for novice bettors to interact with and pick the brains of seasoned pros with decades of experience.

The chief difference between a professional gambler and a mark is that the pro uses his head, the mark goes with his gut. Covers.com is the best place online to start learning how to make smart moves and incisive analysis, and ultimate to become financially independent through betting sports!

Omar Boraie Rebuilding New Brunswick

Omar Boraie has lived in New Brunswick, New Jersey for over forty years. He first came to New Brunswick to continue his studies in chemistry and obtain a Ph.D. Omar is of Egyptian descent and had spent the last few years traveling through Europe as a scholar of chemistry. Before long Omar started noticing the similarities between New Brunswick and many of the cities he had visited in Europe. Thinking New Brunswick could rebuild in the same manner; he decided to leave chemistry and start a new career in real estate.

In 1972 New Brunswick was a city in desperate need of help, there were twenty-one vacated and dilapidated buildings on boraierealty.com on one block alone. The city was virtually deserted, and those that remained were afraid to go out after 4 in the afternoon. What many saw as disaster Omar Boraie saw as an opportunity, even though many thought he was “crazy.” He started buying as many of these abandoned buildings as he could and within a short time was ready to start his first project.

Albany Street Plaza, located at 120 Albany Street, was the first project Omar Boraie completed in New Brunswick. The building brought 250,000 square feet of much needed commercial office space to New Brunswick. The building is eight stories tall, and to this day Omar Boraie’s office is on the eighth floor of the building.

Read more: Omar Boraie Chair in Genomic Science Established at Rutgers Cancer Institute

Omar Boraie realized, if New Brunswick were to continue growing, it would need quality residential housing on njspotlight.com. He envisioned a high-rise condominium building similar to that done in New York City. The One Spring Street Condominium completed in 2007, twenty-five stories tall is the tallest building in New Brunswick. One Spring Street is a luxury condominium and offers 121 home ownership residences. The building also includes office and retail space. It is the first major residential project on boraie.com in New Brunswick’s history and has totally changed the real estate market.

Omar Boraie was truly ahead of his time. His vision for New Brunswick has transformed a once dying city into a place where people now believe the city has a bright future. Omar Boraie is a very modest man; he is quick to point out he was not entirely alone in his efforts to rebuild New Brunswick. He gives particular credit to Dick Sellers, the president of Johnson & Johnson. Omar says that if Johnson & Johnson had not stayed in New Brunswick, none of this would have been possible. No one thinks Omar Boraie is “crazy” now.