How Wes Edens Worked His Way Up To Become A Self Made Billionaire

Wesley Edens is a co-founder at Fortress Investment Group and serves as the company’s Private Equity Chief Investment Officer. He invests in industries, such as healthcare, financial services, real estate, media, infrastructure, and transportation. He is also Fortress Group’s Co-Chief Executive officer, Co-Chairman, president of private equity, head of private equity, principal, and private equity Chief Investment Officer.

Mr. Edens first began his career in savings and loans, and had short stints before joining and worked his way up to a managing director at Lehman Brothers. Wes later joined Black Rock Financial Management, Inc. where he was a partner and managing director. He then ventured out to establish Fortress Group with four other partners. Fortress Investment Group’s purchase of the Subprime Lender Springleaf financial services under Mr. Edens earned him the title of ‘’New King of Subprime Lending’’ from the Wall Street Journal. Springleaf was formerly known as AIG’s American General Finance. It had acquired assets worth $3.5 billion by 2015.

Wes Edens has a Bachelor of Science in Finance and Business Administration from Oregon State University. He has a successful career and a keen interest in sports. Wes and his partner purchased the Milwaukee Bucks, a National Basketball Association Franchise, for $550 million. The former owner, Herb Kohl, was also assured of their intention to build a new arena and maintain the team’s location in Wisconsin. Edens together with a group consisting of Nassef Sawiris also injected some cash into Aston Villa, an English Championship Club, in July 2018. In 2017, Wes Edens also invested in the creation of an esports team known as fly quest under the Fortress Group. The team has a league of legends that play in the North American League of Legends Championship Series (NA LCS)

Wes Edens reported salary (take-home pay) is estimated to be at $200,000. However, he owns Fortress stocks. Currently, Wes Edens has 63 million shares plus the alternative compensation from various investments; hence, his income totals to over $54.4 million annually. He currently ranks at No. 962 on Forbes List of top self-made billionaires with a net worth of $1.6 billion.

Read More : www.wsj.com/articles/wesley-edens-is-an-investor-with-an-affinity-for-the-underdog-1532111122

GreenSky Credit Is A Great Program – Here’s Why

In 2006, GreenSky, Inc. was created by David Zalik. The fintech company is still alive and well, lending a total of $5 billion to nearly one million customers from 2012 to 2016 while maintaining its Atlanta, Georgia headquarters as its home base of operations.

Over the years, GreenSky has lent upwards of $13 billion to about 2 million customers since the company was founded. More than 13,000 lending merchants partner with GreenSky to offer loans to customers.

What makes GreenSky Credit so special?

First, we should consider the question, how do most lenders operate?

Predicting things with absolute certainty is impossible. As such, it’s impossible for lenders to determine whether a given debtor will cough up however much money they’re indebted to creditors. In order to have a chance at profiting from lending money to potential debtors, financial institutions have to perform tried-and-true, thorough background checks to help assess the creditworthiness of prospective borrowers.

Failing to check the backgrounds of potential customers – or failing to assess these backgrounds well enough – often results in such lenders incurring major financial losses.

In order to profit, lenders spread their money across tens or hundreds of debtors to leverage risk. If they set their interest rates high enough, they’re likely to both make money and lure customers in close enough to become repeat customers.

Here’s why GreenSky Credit is so successful

GreenSky Credit is unique as a lender because it doesn’t actually own any of the money it lends to customers; the company doesn’t take on substantial loans ranging in the tens or hundreds of millions of dollars in the name of lending money to consumers. Rather, GreenSky Credit links roughly 1,000 applicants every day to lenders whose credit programs are backed by state and federal charters and insured by the United States federal government.

The company takes a percentage fee from all loans its customers are approved for from both the financial institution and their customers themselves. That’s how GreenSky earned upwards of $85 million in its most recent financial reporting period.

https://www.cnbc.com/2017/05/25/how-greensky-billionaire-david-zalik-built-a-tech-empire-from-age-14.html

OSI Group

The OSI Group is a family owned entity that began developing machinery used in the horticulture industry and the military. The group began its operation in 2003 in Florida. The group has developed cutting edge technology that has developed solution for its esteemed customers and governments around the globe. The United State government spends a lot of cash in the military. The OSI company takes advantage of the spending by providing the US armed forces with the necessary equipment that they need in battle. The company produces aerospace spare part and the defense equipment tools.

Some of its defense technology includes military vehicles, military aircrafts, space parts and some military programs. The company’s aircraft manufacture department produces jet engines, aircraft landing gear and flight surface equipment. The company extended some of its operation to military ground support equipment. OSI corporation also manufactures general mechanical tools, and power and tracking equipment’s through its supply chain. The US government and other foreign countries contract the company through its manufacture and supply department.

The OSI Group also runs a horticulture machinery industry. The company is growing and is supplying to a number of counties across the globe. The OSI Group has heavily invested in research and also joined with other corporations in developing sophisticated military systems for the future. The research and collaboration has produced cutting edge machinery that has improved the horticulture farming thus satisfying it customers. The company is now working to produce Robotic machinery that is economical, has low cost of maintenance and takes less amount of space.

The OSI Group’s latest technology is the MegaFlower Buffer. It’s easy to use and it does most of the work especially during harvesting, cutting and grading of the flowers. The buffer is used during the harvesting seasons and it saves a lot of money in labor costs. The buffer harvester can be used to harvest different types of flowers. However, it’s highly recommended for chrysanthemums and lilies. The OSI Group’s ambition is to satisfy its customers by developing state of the art technology. The firm also aims at becoming the leading company in both horticultural and military technology.

https://www.crunchbase.com/organization/osi-group

GreenSky Credit Offers Alternatives for Cheap Home Improvement Loans

You might be intending to improve your home, but you do not have the necessary funds to do that. Some mainstream lending institutions can lend you the money at a decent rate, but you are borrowing little money such that the banks are not willing to assist you in your project. If you are experiencing or in such a condition, GreenSky Credit is the best alternative for you where you can easily access small loans for home improvement through mobile application rather than through credit cards.

  • What is GreenSky Credit?

This is the fastest and easiest way through which you can access bank loans without the necessary paperwork. It is a platform where borrowers can easily meet with businesses and banking institutions and access loans within a short period. The loans accessed can be used in purchasing goods and services in the local retail outlet, or they can be used in paying a contractor who has been involved in a home improvement project. This type of loan comes with added benefits such that you can pay 0% on the interest rate for the first 18 months, especially if you consider using one of the in-network pros.

Currently, the organization is partnering with more than 12,000 business merchants and is working with the federal-insured banks to make sure that all the borrowed funds have been secured. GreenSky Credit is giving opportunities to borrowers to access small amounts of money at lower interest rates rather than through credit cards where they will be required to pay an exorbitant amount of money through interest. Despite getting the loans at lower interest rates, all the rigorous paper works that are involved have been eliminated to make the process efficient. Current statistics indicate that GreenSky Credit has been able to provide more than $12 billion in loans to a large number of customers going beyond 12,000.

  • How the Credit Works

The loan application process involves a typical online loan application where an individual fills in personal information and the intended use of the money. The borrower will then be required to indicate the purpose of the loan upon which he/she will be able to access up to $55,000. This application is approved immediately, and one can continue to use the money without challenges.

https://www.linkedin.com/company/greensky-trade-credit

Robert Deignan The Intuitive Businessman

There is no shortage of aspiring successful entrepreneurs in this day and age. The market is competitive and seemingly flooded with people pursuing the same goal. To be their own boss. To own their own business and be successful at it. To be free, both time-wise and financially. To achieve this, many fail to reach success because of not obtaining one of the keys – Modeling. Modeling is something that the wealthy use when finding strategies and techniques to implement into their own business ventures. When they do this, many entrepreneurs decide to model those strategies and techniques that have proved successful for the already highly successful and effective business gurus. This article is about one of those people, Robert Deignan.

Robert Deignan graduated from the University of Purdue and soon went on to play professional football for the teams, the Miami Dolphins and the NY Jets. After accomplishing his goals in his athletic career, Robert decided to take a swing at the corporate field. He went from the grid iron to the stock market.

Taking the many values and his own personal strength of will with him, Robert Deignan co-founded Fanlink Inc, his fist entrepreneurial venture. He now works as the CEO and co-founder of ATS Digital Services. Before he was the big man in charge, he worked for an anti-malware software company, which is where he got the idea for ATS from. That’s when he and his business partners decided to integrate the lessons they learned from using remote connection technologies.

During an interview, Robert Deignan revealed that one of his best qualities is the fact that he is always listening to his gut. Although this is a positively strong trait to posses, it did not develop overnight. Robert goes on to state that he had to train himself for years to be able to consistently listen to his gut.

One of his other hard won techniques that he advises on using to increase productivity is analyzing the numbers. The numbers don’t lie. If something is not working, he will pull out of it. If something is working, he will put the throttle down on it.

http://www.atsdigitalservices.com/

Zen Bodi proves Jeunesse Global has what it takes in the fitness business

Fitness buffs across the globe were excited when Jeunesse Global first announced that it would be unveiling a fitness supplement in conjunction with its total-health weight-loss program. Since its unveiling a couple years ago, Zen Bodi has lived up to the hype. It may be one of Jeunesse Global’s most rigorous fitness products to date. And fitness-minded people across the world are beginning to take notice.

Jeunesse founders Randy Ray and Wendy Lewis personally told a few insiders that the company would be entering into the weight-loss and fitness market. But few expected the company to deliver a product that would be widely praised by fitness professionals and quickly gain such enormous popularity. Zen Bodi has continued to reinforce Jeunesse Global’s image as one of the most forward-thinking and innovative health and beauty companies on the face of the planet.

The supplement is part of the Zen 8 Project, Jeunesse Global’s foray into weight-loss and lifestyle health. The Zen 8 Project is one of the most groundbreaking weight-loss systems to come on the market in the last few years. Rather than relying on gimmicky sales ploys and other questionable techniques that are so often used in the weight-loss market, the Zen 8 project uses the proven science of behavioral modification as its foundation. From there, it builds on the system with the three pillars of weight loss: burning fat, building muscle and curbing appetite. This is further enhanced by the Zen Bodi supplement, which is specially designed to help the body carry out these three fundamental processes of weight loss.

By incrementally helping the user to change their habits through exercise, the Zen 8 Project creates lasting results that can continue on for a lifetime. The Zen Bodi supplement’s ability to help build muscle while also curbing appetite also increases the chance of success. In fact, the only thing stopping anyone from not succeeding with the Zen 8 Project is themselves.

Zen Bodi and the Zen 8 Project are just two innovative elements that make up the Youth Enhancement System, Jeunesse Global’s toolkit for people who wish to stave off the worst effects of aging for years or decades.

https://www.facebook.com/JeunesseHQ/

Felipe Montoro Jens, reports 57 projects to stimulate economy in Brazil 2018

R $ 44 billion investment in the form 57 projects will be implemented as a way to keep the economic situation in the green, after the recent recession of 2015. Felipe Montoro Jens, reports this 57 project stimulus package will include 22 sectors, and is to be implemented by the Program for Partnerships and Investments.

The Program for Partnerships and Investments (PPI) is a government agency deployed to build and strengthen relationships between the public and private sectors, in an effort to create jobs and an optimal economic environment to stimulate economic growth. Felipe Montoro Jens reports these projects are not scheduled to begin until the last three months of 2018.

These projects, according to Felipe Montoro Jens, are going to include airport related projects, infrastructure projects and privatizing public companies. Felipe Montoro Jens reports Brasilia, Confis (Belo Horizinte), Galeao (Rio de Janeiro), Guarulhos (Sao Paulo), Maceio (AL), Joao Pessoa (PB), Aracaju (SE), Juazeiro do Norte (CE), Campina (PB), Recife (PE), Varzea Grande (MT), Rondonopolis (MT), Alta Floresta (MT), Barra do Garcas (MT), Victoria (ES) and Macae (RJ) are all scheduled to no longer be controlled by Infraero. Infraero is the government owned and operated company that controls all major airports, and owns 49% of their respective stocks. Visit infomoney.com to learn more.

Felipe Montoro Jens was also able to get details on road construction projects included in these 57 projects. The BR 153, connects Anapolis (GO) and Alianca (TO) and the BR 364 is the main road connecting Comodoro (MT) and Porto Velho (RO). Both the BR 153 and BR 364 are going to new road work done, covering over 800 kilometers.

There are also plans to auction port terminals Belem (PA), Vila do Conde (PA), Paranagua (PR) and Victoria (ES) at the end 2018, with the other projects. There are also plans to sell Ceasaminas, Casemg and Docks of Espirito Santo, and the Mint. The Mint is being sold in order to gain access to more advanced technology available in the private sector.

Read more on Exame: https://exame.abril.com.br/negocios/dino/china-disponibiliza-aos-empreendimentos-brasileiros-fundo-de-us-3-bilhoes-reporta-felipe-montoro-jens/

 

The Methodology Of IDLife Delivers Better Results For Health And Fitness

Business entrepreneur Logan Stout, decided to educate people about the process of proper nutrition as it relates to health and fitness. He founded IDLife as an alternative solution to all of the cookie-cutter methods that claim to help people shed pounds, increase energy and attain an overall state of good health.

Since the methodology of his company’s products and program are based on scientific findings, they are better suited to deliver the type of results people are looking to obtain.

As a means through which people have the opportunity to learn how they could improve the way they look and feel, IDLife takes its queue from the practice of medicine by having their customers complete an assessment questionnaire. This questionnaire is designed to get a comprehensive picture of the type of lifestyle a person leads as well as the basic health issues they are concerned about. The assessment allows each person to obtain an individualized report, which contains information about which supplements would work best for their personal needs.

The nutritional products available from IDLife come in a variety of forms designed to meet the fast-paced lives many individuals lead. Their energy chews provide people with a quick burst of energy to help them get through the rest of their day. Made with natural ingredients, these bite-sized chewable also support metal clarity. IDLife also offer vegan shakes designed to go above and beyond what is required for a full day’s serving of fruits and vegetables. These vegan shakes also contain other beneficial ingredients such as chia, quinoa and flaxseed.

The company’s founder and CEO, Logan Stout, is always looking for ways to help improve the way IDLife helps people achieve their health and fitness goals. This can be seen in the recent partnership his company made with the leading GPS brand known as Garmin. The Garmin Vivo is a device people can wear to help maintain control over their weight loss and fitness programs. This device is now synchronized with IDLife’s Wellness app to help make it more convenient for people to access personal information such as their body mass index and fat percentage.

Sahm Adrangi Leading a Business of a Different Nature

Sahm Adrangi is leading a new generation of business fighting for transparency in the sectors of mining, biotech, and telecommunication by betting for or against companies working in those industries. Sahm Adrangi is the Chief Investment Officer of the Kerrisdale Capital Management, an investment firm that also does research and betting in business.

The Kerrisdale Capital Management is working all across the United States of America. Founded in 2009, the corporation has grown as a leader in its line of work. The hedge fund, as the company started out, was funded with only one million dollars because that is how much Sahm Adrangi, its founder had to spend on the wellbeing of Kerrisdale Capital Management. Over the years, the corporation has grown significantly and now controls nearly half a million dollars in assets.

Sahm Adrangi started young with business. He went into investments in his early 20s, and while he practiced his skills, he studied the steps of one of his greatest inspirations Dan Loeb who is a famous hedge fund investor. The success that Adrangi reached at his age was quite impressive, and that gave him ground for his later professional development.

In 2011, Sahm Adrangi really made a name for himself in his line of work of researching businesses. He exposed a handful of companies which were committing fraud and had listed themselves as US-based even though they were Chinese companies. They suffered the repercussions for their fraudulence and Sahm Adrangi earned about 250 million dollars which he invested back into the Kerrisdale Capital Management.

The Kerrisdale Capital Management is one of those companies that are not afraid to state their opinion. Considering the bets the company makes, transparency and being straightforward are vital qualities of success. The company has received these qualities from its founder who has been described as very straight to the point by his business partners.

The company of Kerrisdale Capital Management encourages transparency in t=its three industries of choice. By betting for or against different companies, it brings some into the light, and others presents as overvalued to create a needed circulation and balance in the industries.

The SteelSeries Segments, ANewsWatch TV Review Recap

NewsWatch is a television show that began airing in March 1990 on the AMC Network and Ion Network. The show began on a monthly basis focusing on financial issues, but throughout the nineties it would expand its topics of interest to include consumer news, celebrity interviews, electronics reviews, and public service announcements. In 2011, NewsWatch would again shift its focus. They began airing content that covered the technological sector, with a slant towards new consumer technologies. Since April 2011, NewsWatch has worked with several Fortune 500 companies such as Sony, Siemens, Casio, and SteelSeries to produce content.

In late fall 2013, a team at NewsWatch TV created segments for SteelSeries. According to Tori Pugliese, Senior Director of Global Marketing and Public Relations at SteelSeries, “It was an excellent experience to be able to work with a team where they understand the SMT process and how PR really works.” Together, they developed a script that was both timely and relevant. The team was able to help SteelSeries deliver the message that they wanted to convey in a way that their audience could understand. Their collaboration was seamless and effective. Tori Pugliese went on to state that the segments were of such a high quality that they were later re-purposed for use on their social media and press sections. These segments would be seen in every market of the United States, reaching over 95 million households.

For their hard work and dedication, the show was nominated for two Silver Telly awards in 2016. Newswatch would receive one of these awards. In 2017, NewsWatch TV won a Gold and Platinum Marcom Award for their show. Shortly thereafter, they would air their 1000th episode.