Month: April 2018

Doe Deere Has Made Smart Decisions

There are different moments in the journey of bringing a business to success that might excite or satisfy the one who owns the business and who has the job of running it. Doe Deere created Lime Crime, a brand that puts out makeup products that are unique from others out there, and she felt that she had truly found success when she had money that she could share with others. The most satisfying part of getting her business going and bringing in good money with it was being able to give back some of that money to charities such as the Bideawee Animal Shelter and the Red Cross.

 

Doe Deere plays around with puns and rhymes when it comes to naming her brand’s products. She does not feel the need to use serious names for the makeup products that she puts out and she chooses to use fun names that fit with the fun products rather than worry about being serious. She takes words that rhyme with one another and she puts them together to figure out what fits well. She came up with the brand name for her company by playing around with rhymes and trying to find a duo of words that sounded cool together.

 

Some will try to be professional in order to find success and they will credit their success to their professionalism and to their careful planning. There are some who will work very hard on their products so that they can make them as close to perfect as possible and that will help them feel satisfied with their work and with their journey toward success. Doe Deere believes that part of the reason that her Lime Crime brand has found success is because she focuses on making beauty and makeup fun. She feels that she has found success because of the fun that she brings into the lives of consumers.

 

Having a blog helped Doe Deere to build an audience for her products, and she received attention for her products right away because she shared them on the blog that she had set up. Those who were following her blog were already into the kinds of things that she was doing and they were happy to have a chance to try out her products once she created them. Doe Deere has been smart in the way that she has gone about marketing what she has to offer. When she chose to get a blog going and share tutorials on that – even before she had her brand up and running – her decision helped her to find success.

 

To learn more, visit www.doedeere.com.

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Categories: CEO

Hussain Sajwani: Leading DAMAC in Doing Well and Doing Good

DAMAC owner Hussain Sajwani is undeniably a business success story. The Dubai businessman has amassed a net worth of approximately $3.8 billion, and DAMAC has had a significant role in that.

Hussain Sajwani grew up in Dubai and pursued his post-secondary education in the United States. Then, he returned to the region of his birth and started his career at a gas company.

After two years working in the finance department at Abu Dhabi Gas Industries, he started his own company in the food services sector.

That food services company was Hussain Sajwani’s primary focus for nearly two decades. Then, in 2002, DAMAC was born. The company was established on the heels of a governmental decision that allowed foreigners to own property within the emirate of Dubai.

DAMAC proved successful from the very beginning. Hussain Sajwani had the business savvy to lead the way as DAMAC owner, and this ability meant great success even with the company’s first project. That first project, which was a high-rise apartment building, attracted buyers–a lot of them.

All of its units were sold before the company had even started construction on the building, which was located on a piece of land that Hussain Sajwani had purchased in a then underdeveloped area. Read more: Hussain Ali Habib Sajwani | Bloomberg and Hussain Sajwani | Crunchbase

DAMAC has since established a reputation for being a leading Middle Eastern property development company. It’s one of the largest such companies in the region, and it has played a significant role in shaping the built landscape of not only Dubai but surrounding areas.

The company, with Hussain Sajwani as owner, has done quite well. It has built luxury apartments, two Trump-branded golf courses, numerous hotels, and various other projects. It has developed a large number of residential, commercial, and mixed use properties throughout the region. http://www.forbes.com/sites/kerryadolan/2016/03/01/the-donald-of-dubai-hussain-sajwani-interview/#1b049a722f15 and http://www.forbes.com/sites/kerryadolan/2016/03/01/the-donald-of-dubai-hussain-sajwani-interview/#1b049a722f15

All of this work has yielded positive results. In 2016, DAMAC had a revenue of $1.947 billion.

In addition to being a leader in property development, DAMAC has been involved in philanthropic causes. Among the good it has done is supporting the “One Million Arab Coders” initiative, which aims to empower people by helping with technical skills.

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Categories: Real Estate

How Louis Chenevert Approaches Managing People

Originally from Montreal, Louis Chenevert had been a top executive in the aerospace and manufacturing industry for many years. He is a graduate of HEC Montreal which is part of the University of Montreal’s Business School. He earned a bachelor’s degree in production management there. After graduating he worked for General Motors for a number of years before joining Pratt & Whitney Canada as an executive. He then worked for Pratt & Whitney before joining United Technologies Corp. In 2008 he was elected as the new president and chief executive officer of this firm. He became the chairman in 2010. He held all three of these positions until November 2014 when he chose to retire from that industry.

United Technologies Corp. has clients around the world who buy airplane parts from them. During his time at this company Louis Chenevert leadership led to big advances in the technology they could offer their clients. One huge advance he was instrumental in developing was a new geared turbofan engine. Many airlines started installing this engine in their planes once they learned about it. This engine has 20% better fuel burn than plane engines that came before it, is 50% quieter, and because it has significantly fewer parts than prior engines it is easier and cheaper to maintain.

Louis Chenevert says that he has learned to keep a close eye on office politics. He doesn’t engage in it himself and he has seen how disruptive it can be. He says that United Technologies Corp. lost some great leaders because of internal politics which caused them to lose sight of executing on business initiatives. He says that he also learned to quickly get rid of people who aren’t aligned with a business’ agenda. He says that energy drainers are particularly vexing to him.

He said in an interview that he has been a successful entrepreneur because he always makes sure that calculated risk taking is rewarded at the company’s he has been a leader in. He enjoys getting a great team together where the whole becomes much greater than the parts.

https://www.forbes.com/lists/2012/12/ceo-compensation-12_Louis-R-Chenevert_FTA5.html

Jim Larkin and Michael Lacey Continue Fighting for Immigration Rights After Trump Pardons Joe Arpaio for Years of Unlawful Acts

Throughout American history, there have been a number of controversial pardons done on behalf of our presidents. The first pardon by president Trump issued to Joe Arpaio, Arizona’s toughest Sheriff who ran the city of Maricopa.

Despite Arpaio’s wide-spread notary, one of his many selfish acts includes the unfair conviction of Jim Larkin and Michael Lacey who are owners of Village Voice. Learn more about Michael Lacey and Jim Larkin: https://michael-lacey.com/ and http://www.laceyandlarkinfronterafund.org/about-lacey-larkin-frontera-fund/michael-lacey/

It all began Ten years ago Maricopa County Sheriff, Joe Arpaio and his fellow agents wrongfully took away the two journalists then locked them away with charges for disclosing details pertaining to a grand jury investigation. Lacey and Larkin, executive editor and CEO of Village Voice Media newspaper, were unaware of the current investigation.

Arpaio had become increasingly infuriated in 1992 by the media coverage of overly aggressive tactics executed within his department. Were it was brought to light his infamous Tent City scandal, and orders targeting woman and immigrants. District Judge Murray Snow concluded that due to lack of evidence it was insufficient to detain immigrants on grounds of suspicion.

These reoccurring instances were addressed in 2011 when a lawsuit was filed against Sheriff Arpaio, which exposed the unlawful conditions inmates faced in Tent City. He was charged with violating the rights of immigrants, epically Latinos.

Those types of reoccurring occurrences were addressed privately for years until 2011 when a lawsuit was filed against the Sheriff exposing unlawful conditions inmates faced in Tent City. Sheriff Arpaio caught charges for violating human rights of Latinos and further immigrant groups established on the given information of Arpaio’s wrongdoings.

Arpaio continued being rebellious of his charges and kept his practices of encouraging his employees to racial profiling. Finally citizens started speaking up opposing Arpaio’s misuses of power that finally caught the attention of the media and reporters. Read more: Jim Larkin | LinkedIn and Michael Lacey | Facebook

This led to Michael Lacey and Jim Larkin beginning to expose the sheriff to the American public. There were multiple times where they wrote about Arpaio and battled multiple times against the department.

Their voices caused them to get arrested in addition to them being the target of a special prosecution team who developed the grand jury that they decided publish about the same day.

The time that Lacey and Larkin were covering the stories of Arpaio, multiple other publications ignored Sheriff Arpaio completely. The scandal started appearing more often and gained national coverage when newspapers caught attention of Lacey and Larkin’s original works about Arpaio’s wrongful acts as Sheriff.

Lacey and Larkin were released from serving 24 days in jail after filing a lawsuit against Arpaio that exposed more info about his corruption and malpractices. The lawsuit concluded with a settlement of $3.7 million.After the settlement, Arpaio was not re-elected for a seventh term as Sheriff.

President Trump stepped in and made his first pardon for the self-proclaimed “America’s Toughest Sheriff” Joe Arpaio. Because of this pardon, President Trump prevented Arpaio from going to prison after he was involved in corruption for years. Even though Arpaio no longer holds the title of being sheriff, there are remaining obstacles that immigrants in the US face still to this day.

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Categories: Activists Business

How Does Softbank Acquisition of Fortress Investment Group Affect Its Operations

Just recently a Japanese technology company, the Softbank Group completed its acquisition of Fortress Investment Group, an American alternative investment firm. Fortress was acquired in an all-cash deal of $3.3 Billion. A significant part of this settlement was used to buy off the investor’s shares, an action that saw them de-list from the New York Stock exchange.

With the uptake of the global investment firm by the Japanese bank, attention now turns to the operational and managerial state of the company going forward. For instance, has Softbank proposed any changes in the leadership of the investment firm? Are they looking forward to continuing Fortress operations or do they have a new plan for the firm? Here are some answers to some of these questions.

Fortress leadership going forward

In a press release issued shortly after the confirmation of the acquisition, Softbank Group expressed its desire to maintain Fortress Investment Group’s management team. The presser went ahead to commend the founders Randy Nardone and Wes Edens as well as its current chairman Peter Briger for what they have managed to achieve in the two decades that the firm has been operational.

 

The effect of the acquisition on company operations

Softbank’s acquisition of Fortress Investment Group came at a time when the company was speedily expanding its investment portfolio. For instance, earlier in the year, Fortress’ subsidiary, New Residential investment bought the entire mortgage servicing rights from PPH and CitiMortgage. It also acquired $117 Billion worth of mortgage servicing rights from Ocwen financial, effectively making it a 4.9% owner of the alternative investment company. These real estate acquisitions add up to the investment firm’s 70% ownership of the Nationstar Mortgage, and learn more about Fortress Investment Group.

According to the press release, the Japanese financier further expressed their intention of carrying on and even furthering Fortress operations. This may in effect be seen as the primary reason the new owners intend to maintain the founders and the current leadership within the firm as they are best suited in realizing the company’s objectives.

Ideally, Fortress is a highly diversified global capital management firm with several subsidiaries managing specific investment fronts. These include interests in real estate, credit lines, and private equity funds as well as permanent capital investments. It is also important to note that by the end of the fourth quarter of the 2017 financial year, Fortress investment group was managing over $36.1 Billion in assets on behalf of over 1,750 private investors and institutional clients, and http://www.vault.com/company-profiles/investment-management/fortress-investments/company-overview.

Asked about the future of the company, Fortress co-chairman said that one should not expect significant changes within the company, safe for the fact that they will no longer hold earning calls. His arguments, echo Softbank’s presser that dispels fears of any restructuring or change of guard within the firm, at least in the short run.

 

Bottom line

The acquisition of Fortress investment group by the Japanese Softbank will have little to no impact on its operations. Gauging by the recent communications by the new owners as well as its founders, it is also apparent that Softbank isn’t keen on instituting any significant changes to the company management or clientele, and read full article.