Eric Lefkofsky was born in Michigan, and he has alway valued education. Eric Lefkofsky came from a hard-working family, and his family encouraged him to excel in all of his endeavors; that is exactly what he did. Lefkofsky went to the University of Michigan and got his Masters degree; he later went on to receive his Juris Doctorate. After finishing his studies as the university, Lefkofsky wanted to start his own company, but he did not have the funds to start it on his own. He got together with a friend, and together they were able to get enough funds from friends and family to start their very first successful company. After starting that first company, Lefkofsky went on to create several more successful businesses. Now Lefkofsky is an entrepreneur who has started some of the most well known companiesin the world.
The Success of Groupon.com
Lefkofsky created the company that later became known as Groupon. Groupon.com is now an international retail company that can sell anything from small electronics to exotic getaways. Groupon is able to bring clients whatever they desire at a discounted fee. Groupon is a multibillion dollar company that was later sold to Google.
Lefkofsky and His Giving Spirit
Eric Lefkofsky and his wife founded the Lefkofsky Foundation. This is a foundation that gives back to local community in Michigan; it also helps children and families all around the world. There are plenty of individuals who selfishly keep all of their good fortune to themselves; they do not feel like they have to help out anyone else. That has not been the case with Erick Lefkofsky. Eric Lefkofsky has been able to find his huge success for himself and his family, and he truly believes in giving back to those individuals who have had less opportunities in life.
Even though many companies ignore the efforts of whistleblowers, they perform an essential role in different sectors. They often alert the country to abuse in institutions and financial fraud among others. As such, many clients and companies have evaded the possibilities of investing in fraudulent businesses thanks to the presence of different whistleblowers in various sectors. Maybe a good example of one such individual is Sahm Adrangi since he has accomplished so much during the few years he has worked at Kerrisdale Capital Management.
Sahm Adrangi founded Kerrisdale Capital Management in 2009. He has since served as the head of the company and has been part of its development especially in regards to formulating effective policies for clients. For Adrangi, founding this company was important for protecting clients from fraudulent business professionals. Another agenda of establishing this company was alerting clients of the risks involved in investing in individual companies. Notably, he blew the whistle on some Chinese companies including China-Biotics and Lihua International.
The Negated Report
Recently, Sahm Adrangi issued a report on St. Joe Company.Prospective investors have been shaking their heads in regards to this report as it was accurate. Being a land development firm based in Florida, and the second largest, in this case, St. Joe has developed a lucrative investment portfolio that seems attractive to many investors. Nevertheless, transparency is still a question since clients cannot bet on putting their money into this docket.
According to Adrangi, St. Joe Company is making assumptions based on invaluable statistics previously collected from different business units. Their dreams to transition a large piece of desolate land into a beautiful living area for business entrepreneurs and retirees seem obsolete. Besides, the plan would only come to pass after 50 years of working on getting the right resources and implementing the idea.
From Adrangi’s perspective, this is not a sound investment since there have been minimal activities in the business. Also, it is rather strange that clients are investing in a project that bears no future at the moment. Adrangi is convinced that the project is quite involving.
During a 21-hour period during the week of February 4th, 2018, Iranian-American business tycoonShervin Pishevar posted over 50 tweets from his Twitter account. His tweets included various topics such as stock market predictions and the future of Bitcoin, Google, and Amazon. He predicted that the stock market would crash, dropping 6,000 points. As if on cue, the market saw a dramatic reduction in shares, contradicting President Donald Trump’s claim of a booming economy. Shervin Pishevar also voiced his concerns over inflation, stating that inflation will forever be unstable due to the United State’s “war on trade.” His Bitcoin predictions included a drop by $2,500, followed by an eventual recovery.
Something that Shervin Pishevar mentions that is of great importance is the concept of entrepreneurship. The idea of owning your own business and making an astronomical income is no longer just a dream that comes with living in the United States. Now, it is a worldwide possibility. He feels that entrepreneurship is becoming more and more common and it will eventually take over. To Pishevar, innovation is changing around the world. And speaking of innovation, he does not think the United States has any. He mentions that while China’s economy is growing, the United States falls flat. He claims that our infrastructure is decaying rapidly, and that our ideas are pretty much outdated. We think more short-term, rather than making long-term goals for our economy.
Pishevar goes on to say that five major U.S. companies are causing issues for those who want to grow: Google, Amazon, Apple, Facebook, and Microsoft. These companies are placing a chokehold on small start-ups, barring the opportunity for wealth.
While some may find Shervin Pishevar’s rant to be bizarre,he has proven to us in the past that some of his claims are indeed factual. Because his empire was build from the ground up, he has been witness to many economic trends. This hasmade him quite the successful businessman, and he will continue to be such.
Financial freedom is the ultimate goal for any worker. People work hard to satisfy their daily needs and those of the future. As people create wealth, its management becomes an issue as they don’t have the skill and expertise to know where to prudently invest their hard-earned money. This gap in the market is what led Richard Dwayne Blair to start a wealth management company, Wealth Solutions.
Richard Dwayne Blair has extensive knowledge on wealth management. He honed his skills over that years having been a certified expert in tax, estate and trust, and annuity. Blair founded Wealth Solutions in 1994 with the intention of making a positive financial difference to families, individuals and small business. In almost three decades that he has been working at Wealth Solutions, he come up with a strategy the uses help his clients manage their wealth.
First, Richard Dwayne Blair seeks to know the financial background and the goals that the client intends to achieve. This step involves knowing aspects such as the opportunities that the client has, the area of work, and risks tolerance. The information helps Blair to develop a better understating of the client and starts to build a personal financial relation. Also, it helps in making the client feel that he is in control of his decisions.
After gathering the necessary information from the client, Richard Dwayne Blair starts to develop a long-term strategy that helps the client realise his financial freedom. The policies are customised for every client to take care of their needs. This method is more effective as compared to when someone goes looking for financial planning advice from large firms that are more interested in making profits. There are no hidden charges at Wealth Solutions as all fees are disclosed beforehand.
Finally, Richard Dwayne Blair follows up with the client to check if he is meeting his goals. He monitors the implementation of the strategies by comparing the expectations of the client and the actual progress that he is making. Blair maintains the historical data of the client to make this step more accurate and effective.
A lot can happen in 10 years or more and bestselling books that were written that long ago can become forgotten pages over time. But for Dr. Vijay Eswaran, the Executive Chairman of QI Group Ltd. and author of “In The Sphere Of Silence,” that book is as much a part of his conversation today as it was then. Eswaran said he wrote that book to explain why he practices meditation and spiritual observances in the hours before going to work, and even at times during work. He said that the human mind can function better when observing these moments and it allows him to listen better to what others have to say. Eswaran says the book is a great read when you need to break from all the noise and distractions of modern technology.
Vijay Eswaran grew up in Malaysia and is also a citizen of India. He holds a bachelor’s degree in socioeconomics from the London School of Economics where several other big bankers and hedge fund billionaires like George Soros have also come from. He co-founded QI Group Ltd. in Hong Kong in 1998 when he and Joseph Bismark decided to take the direct selling business model into Asian markets where it had been largely unused before. QI Group’s largest subsidiary is QNET which thrives on e-commerce and making sales through independent associates, but it also has credit services and real estate holdings at QI Asset Management and is the main sponsor of QI University. They’ve also started an independent learning program for people aspiring to be QNET associates and want to start their own businesses.
Eswaran has given millions in philanthropy back to the impoverished communities in Asia including funding schools, libraries, public parks and services for special needs children through QI Group’s RYTHM Foundation. His work in philanthropy earned him a spot in Forbes Asia’s 2011 charity list, and he was also recognized for it with the NGI award at the 2012 Global Indian Meet event. Eswaran is also a speaker at several international universities and has been featured as an Asian spokesperson at the annual World Economic Forum event.