Stream Energy and the Establishment of Stream Care Foundation
Unique and innovative nature is part of the Stream Energy, one of the leading direct selling and life Service Company. It offers energy, protection, wireless, and other home services to customers. The company was established in 2005. It has since generated revenues of more than $8 billion.
Corporate philanthropy is part of the Stream Energy. Recently, the company launched its charitable foundation known as Stream Care. Its mission is to officiate the ongoing philanthropy in Texas and the entire country. Stream Care offers maximum support and resources to the local charity foundations, for example; the hope Supply Company, which is a nonprofit group committed to solving the basic needs of all homeless children.
According to Hurricane Harvey, the connected living company and the energy sales exhibited itself openly. Being a business company, launching philanthropy arm separately would be a new event offering double advantages. The Stream Energy not only empowers it employers, but is also dedicated to giving back to the community. It is continuously gaining loyalty and regards from regular clients as well as the public.
Statistics show that American corporation is unexceptionally generous and principled. In 2016, various businesses gave out a sum of $19 billion to charity organizations in America and other countries. This excludes the corporate sponsorships, marketing causes, and the donations of money time, and effort offered by employees. In the case of Dallas based stream, corporate leaders and employees also gave to the local areas. It has developed long-term relations with the Red Cross organization and the other human habitat coporations.
Stream model of business is easy. By direct selling, the company is able to pay its associates to come up with a network of faithful customers. Thus providing them with a variety of products and services based on mobile phones plan and fixed energy rate.
Since its establishment, the Stream Energy has greatly expanded. As one of the direct selling company, its unique model of business has widely employed and highly empowered associates in the market. This has indeed resulted to an increase in business opportunities and better earning.
Fortress Investment Group & Modern Investing
First of all, we do not have to look that far back in the past to realize how far we have come in the financial and baking industry. If we look back maybe a decade ago, or, even just five years back, the progress that we have made in this industry is astounding. As years go by, it seems as though we continue to create and develop more useful and efficient banking and financial methods. Even though this type of progress is a natural occurrence that happens as we evolve with the times, it is hard not to admire what a beneficial time it is to be alive in this industry. As a matter of fact, many people would agree that the banking system and the financial industry is the fastest growing industry thanks to the continuous growth and advancements that pop up year after year. We can sit here at list all of this advancement, or, we can talk about one of the leading beneficial causes for the successes that this industry is having today.
As for who or what this leading cause is, it is the successful management firm, Fortress Investment Group. As a self-described investment and management alternative in the banking industry.Fortress Investment Group has built quite the following since their establishment. Without a doubt, this is a response to their continued success in their field. So, without wasting any more time, here is more on the company Fortress Investment Group and their position of investment banking & financial industry. Fortress Investment Group & Some of their many Industry Contributions. As we can all imagine, Fortress Investment Group has become a leading force in their field by jumping ahead of its competitors when it comes to industry contributions. More so than anything, their ability to stay ahead of the curb and meet new trends and movements in the financial industry has kept them at a higher position as a company. Not only has this brought them a large quantity of clients and supporters but, they have profited in many other ways.
Unsurprisingly, they have also been beneficial in the financial side of things. In other words, the amount of money they have generated and profited from has outweighed the competition. This is another crucial factor that has allowed them to stay as a great leader in the financial industry. In fact, numbers wise, Fortress Investment Group has established more than $40 billion worth of assets under administration and management watch. In another imaginable scenario, we can see why Fortress Investment Group has become such a high rising force in their field. Not too many competitors in the financial industry can say that they have amassed numbers like the ones Fortress Investment Group has been putting up. As the saying goes, “numbers don’t lie”, and, this could not be any truer of Fortress Investment Group. Even if we wanted to put facts and numbers aside, the way this company has carried themselves, many others in this field can attest to their success.
Wes Edens And Diversified Wealth
In 2016, Wes Eden appeared in two articles published by the New York Times where they covered the private-equity industry. In it, they revealed that he took home $54.4 million per year outside his well-known fortune. Broken down Edens’s annual pay was made up of a $200,000 salary, $1.1 million in stock, $11.6 million in bonuses and another $478,493 from miscellaneous compensation in 2015. For the co-owner of the Milwaukee Bucks, the co-founder, and co-chairman of Fortress Investment Group, it’s no surprise he makes good money.
His long and successful career started in 1984 after graduating from Oregon State University. He had earned a bachelor’s of science in Finance and Business Administration before embarking on a six-year stint at Lehman Brothers. When he left them for BlackRock Asset Investors in 1993, Edens acquired a total of ten years experience in the financial industry. Experience he put to good use when he formed Fortress Investment Group in a partnership with four others: Peter Bridge, Jr., Robert Kauffman, Randal Nardone and Michael Edwards.
Before becoming a co-chairman of Fortress’s Board of Directors, Edens helped take the investment management firm public in 2007. It was the first IPO by a private equity firm, but well before, Edens and partners had already made a fortune in a deal worth $888 million. In 2009, the firms stock had fallen well below a dollar as a result of the subprime mortgage crisis, but Edens resurrected his firm into what it is today.
From 2015 until 2016, he was also Chairman of Fortress Transportation and Infrastructure Investors LLC which saw it’s total managed assets at $70.2 billion. In 2017, the firm was then purchased by SoftBank Group for $3.3 billion, where the existing firm would remain intact. Would ultimately become subsidiary of SoftBank when the deal became finalized in December that year.
Outside of Fortress, Edens purchased the Bucks from their previous owner Herb Kohl for $550 million. He would then become co-owner with Marc Lasry.
With the purchase of a well established National Basketball Association team, Edens kept them in Wisconsin and had a new arena built for them. In the summer of 2016, he also held a private presentation with any of the team members who wanted to be present. In the presentation, he discussed how players could better manage their wealth as 60% of retired players often filed for bankruptcy within five years of leaving the league.
Along with his NBA purchase, in 2017 Wes Edens would go on to purchase an eSports team he named FlyQuest. As a professional League of Legends eSport team, they focused on gameplay off the course and more video game driven.
Everything Edens has accomplished in the last 34 years has resulted in well-placed bets on the future. The first investment he made, in his education, has grown into well-deserved multimillion-dollar take-home pay. He has dedicated his life to investing money, and time in building up his earnings. From almost losing everything in 2009 to investing in eSports.
Contact Wes Edens: www.linkedin.com/in/wesley-edens-a6b19b3a
Vijay Eswaran Shares the Secrets to His Success
Vijay Eswaran went from driving a taxi to having a net worth of over 500 million dollars. His success comes from the founding of an MLM. MLMs offer their sales force commission for their own sales and for the sales of people they brought into the company.
This marketing strategy not only improved, Eswaran’s life but the lives of the thousands of people he employs.
In August of this year, Eswaran shared the secrets to his success with the French Tribune.
You cannot allow preconceived notions to stand in your way. Like many, he had been taught to believe that the only way to achieve stability and financial security was by holding down a traditional job with regular hours. He advises that if your belief system is holding you back from realizing your true potential abandon it.
Build a company not just for your own enrichment, but for the enrichment of your employees as well. Vijay Eswaran formed his company at the behest of employees who had worked with him at a company that ultimately went out of business.
There is a symbiotic relationship between employer and employees. Greater gains for employees translates into greater gains for the employer.
Set aside time during the day for quiet contemplation. This time can be used to the betterment of your business. It is not time spent in idleness, but rather it is time spent refining your business strategy, envisioning your company’s future, and recording ideas. Setting aside quiet time is a common practice among successful people. Learn more about Vijay Eswaran: http://interview.net/vijay-eswaran/
Becoming an “overnight success” takes years not hours. Hackneyed as it sounds you must never give up striving to reach your goals. According to Ideamench, Vijay Eswaran likens people who stop short of realizing their business goals to the 80-90% of climbers who attempt the ascent of Mount Everest only to quit half-way up.
Building a productive workforce requires unwavering honesty when dealing with your employees.
Since you don’t know how much time you have been alotted on this Earth don’t waste a second of it. Begin pursuing your dreams now and don’t allow yourself to be hobbled by the past.
The Extraordinary Success & Generosity of HCM’s Founder James Dondero
James Dondero’s biography can paint a pretty intimidating picture for many investors. Dondero’s invested his money into savings that have been able to accumulate over $15 billion in alternative assets. This turned Dondero into a powerhouse that was later named Highland Capital Management, which he helped cofound back in 1993. Dondero has made bold calls on everything from American Airlines to Argentina and has turned himself into a wealthy corporation owner with many assets in many different areas of investing. Even after all this success, the 54-year-old investment holder is still hesitant to even talk about himself. While his investments have an average of a 40% return on the money people invest Dondero seems to be a reserved, laid-back, humble type of person even as his investments topped many lists of people’s best options for investing as 2016 closed out.
James Dondero is the Cofounder and President of Highland Capital Management (HCM) and he currently resides in Dallas, Texas. Since the company’s inception in 1993, Dondero’s HCM has been a pioneer in the industry through the development of Collateralized Loan Obligation (CLO) in helping invest in credit-oriented solutions for property owners worldwide. Dondero’s experience also runs deep in the investment sectors including specialties on equity markets. CLO today focuses on offering winning investments in various vehicles of investing including things like hedge funds, private equity funds, mutual funds, REITs, and ETFs.
Moreover, James Dondero is active in more than just business and investments. Dondero is heavily involved in philanthropic work and supports many causes including things like education for children, veteran’s affairs, and improvement of public policies. Dondero himself has donated millions in his very own money to various charities and nonprofits throughout the Dallas, Texas area. This includes HCM’s $2 million donations to Southern Methodist University providing undergraduates with exposure to policymaking options to further their education and $1 million donations to the Dallas Zoo to help bring hippos back to the facility. Other charitable causes that have benefited from James Dondero’s generosity include the Education is Freedom Charity, George W. Bush Presidential Library & Institute, Perot Museum of Natural Science, Snowball Express (2006), Uplift Education, and Capital for Kids charities have benefitted from Dondero and HCM’s extraordinary generosity! Original Source : http://www.jamesdonderodallas.com/james-dondero/
The Interdependence between Fashion and Technology
Christopher Burch, a creative investor in a chain of businesses in different industries, is the founder of Burch Creative Capital. He also co-founded Tony Burch, a luxury fashion brand. Burch has utilised his deep marketing knowledge to sell financial services, technology, consumer products, and hospitality services. His success philosophy involves the application of support, scale, imagination, incubation, and creativity to consumer goods.
Burch’s success started in 1976 while still studying at Ithaca College. They teamed up with his brother to grow a new business they had founded, Eagle’s Eye, to 165 million dollars. They later sold it to another investment chain, Swire Group. From his vast experience, Burch acknowledges that the fashion and technology industry have grown together in a fascinating way.
In the 1970s, the boom box excited its users due to its ability to carry around their favourite stations. Also, as one side played the user’s chosen music, the other could record it from a cassette. Fashion and technology are currently synthesising. Fashion designers depend on technology to manufacture what delivers.
Dutch designer Anouk Wipprecht terms the marrying of technology and style as an excitement and experiment playground. She says that the deeper one dives into this playing field, the more it rewards them with unending possibilities. She has made use of the fashion-technology combination to come up with her avant-garde designs. One example of her major works is the drink-making dress.
Technology has been engaged in advancing fashion. Bicycle helmets are not very fashionable to wear. To replace this, technology has been used to manufacture an airbag which the cyclist wears around the neck. Its purpose is to protect the rider against injuries in case of an accident, similar to the helmet’s purpose. However, it is better in that it allows a better vision of one’s surrounding while cycling. Kevin Cannon and Ashwin Rajan have come up with the Frontline Gloves that enable firefighters to gesture each other on vital information, for example when to vacate a building.
On the other hand, to be popular, technology sometimes needs fashion assistance. While Google Glass may be fashionable to technologists, it may not be to everyone. One reason is its high cost to an average person while another is the stigma for wearing glasses. Diane Von Furstenberg, a fashion designer, came to the rescue of this by encouraging her models to wear this while cat-walking. This made the glasses fashionable and popular. Technology and fashion’s future both depend on each other.