Category Archives: Business

Marc Sparks:From Struggling C Student To Successful Entrepreneur

Austin, Texas raised entrepreneur and philanthropist Marc Sparks is a self-made man with big dreams and major accomplishments. But when he graduated from high school in 1975, he could barely maintain a C average. Since then he has gone on to found over 60 businesses in a wide range of industries. Sparks is also involved with a number of charitable causes and is committed to giving back to the community in which he was raised and does business.

 

Sparks has always had big dreams. What he lacked in academics, he has more than made up for with hard work and an ability to identify and take advantage of business opportunities. Many say his positive attitude has played an important role in his ability to have so many achievements. Marc Sparks credits his success to his strong faith in God. He says that has been the key in helping him to overcome the many challenges he has faced throughout his personal and professional life. He said it is what has enabled him to go from just barely getting by in school to a multimillionaire businessman.

 

Since graduating high school, Sparks has been involved in telecommunications, real estate, capital investment and many other fields. Some of the businesses with which he has worked include Timber Creek Capital, GlobalTec Solutions, Splash Media, Blue Jay Wireless, Cardinal Telecom LLC, Reliant Healthcare, Agency Matrix, Cobalt Real Estate Services, Boxstar LLC, Bonn Oir and Uncle Marc Food Delivery. While most of the businesses in which he has been involved have done quite well, Marc Sparks has also had his fair share of failure as well. But he has simply learned from it and moved on.

 

Since the late 1980’s Marc Sparks has been a committed philanthropist. He began by providing support for a homeless shelter called The Samaritan House almost 30 years ago. Today the facility provides food, clothing, shelter, educational and employment opportunities for about 300 people a day. He has also built countless houses with Habitat for Humanity and works with a magnet school network called The American Can! Academy. Sparks also helps underprivileged children through his Sparky’s Kids foundation and has a mentoring program through which he provides valuable tools and leadership skills to budding entrepreneurs.

 

The Dallas, Texas based serial entrepreneur has recently published a book designed to inspire people facing long odds and difficult hurdles to success. It’s called ‘They Can’t Eat You‘ and it chronicles many of the disadvantages and problems Marc Sparks had to overcome in order to make his mark in business and in life in general. He explains that if a struggling C student can face those things and do well, others can do the same.

 

 

 

Cotemar Growth

There are a lot of people who are trying to build a business in the oil industry. With all of the changes that have taken place recently, a lot of people are excited about what Cotemar is doing. Cotemar is a company that supplies oil drilling technology and parts to oil companies so that they can continue to drill in certain areas. With all of the new oil that is being discovered in North America, this is a great opportunity to grow sales and profits for the future. Cotemar is a company that is committed to being a good community contributor as well. This company started to invest in clean energy and technology long before it was popular to do so. A lot of people want to join this company simply because they treat employees well and develop them over the long term.

Cotemar

From the time the company was started, Cotemar has always been about making a positive impact on customers and the community. The company has started to invest in the local community for a variety of reasons. No matter what, employees need to make sure they understand why they are able to grow and development within their company. Because of their focus on development, Cotemar has some of the best employees within the industry. This brings a lot of innovation and hard work that is a competitive advantage over the market. Employees know that they are making a positive impact on the world by trying to make the world cleaner by producing clean fuel.

Future Plans of Expansion

In the coming years, there are a lot of expansion plans for this company. A lot of people are excited about the changes that are taking place as well. If you are ready to join a growing business, Cotemar is a great option for that. Many people expect that the company is going to make a positive impact on the oil industry going forward. Not only that, but they are starting to invest a lot of time and money into the local community as well. If you want some help with that, this is a great company to work with. Many people today are excited about the changes that are coming with this company and its focus on technology and innovation. https://www.crunchbase.com/organization/cotemar#/entity

The Mexican Oil and Service Giant

Cotemar is a Mexican based oil industry. The company has over 37 years of experience in the provision of its services. Cotemar offers practical and efficient solutions. The company’s results are validated and certified by their primary clients. The certification has enabled them to provide services that satisfy the desired needs in the marine and oil industry.

 

The company has evolved and continues to adapt to the changing customer needs. It has continuously changed along the value chain of the oil sector by training and hiring a staff that brings competitiveness in the market. Also, by employing and using efficient process equipment and indicators, it has ensured and guaranteed a place among the highest performing companies.

 

Cotemar provides quality services that meet the safety and environmental protection standards. It also ensures the services are effective to its clients. The company employs a cutting edge technology, committed staff and institutional values that help it in delivering. As each day goes by, the company works towards being a word class sustainable oil company known for its excellence. To generate value and offer innovative solutions to its clients and stakeholders. Besides its interests, the company aims at carrying out its work while putting the environment into consideration.

 

Cotemar offers a broad range of services all under three broad categories. The first type is the food and lodging service. On this platform, the boats through which the company operates with offer food and accommodation. Additionally, food preparation, washing, ironing, and cleaning of the common areas including the state rooms is provided. Under the food and lodging services, recreational areas that include the gym, TV rooms just to mention but a few are offered. The boats have a capacity of providing food services to over 4000 people simultaneously offshore.

 

Under the specialised and marine support vessels, the company offers housing platforms with the capability of holding over 800 people. For specialised ship services, they provide barges for transporting larger structures required for oil exploration. They also provide firefighting and rescue services in the sea.

 

The third major service is the construction, maintenance, and engineering. Under this service, they carry out engineering and maintenance services while complying with the current environmental regulations.

Learn more:

http://expansion.mx/empresas/2016/11/02/la-revolucion-silenciosa-del-petroleo-en-mexico

Fabletics Brand Uses Reserve Showroom Technique to Succeed in Fashion Industry

 

Showrooming the latest fashion designs is one method designers and brands introduce their products to retailers and the public worldwide. One of the fastest growing brands, Fabletics uses a different technique, reverse showrooming because the showroom method actually doesn’t attract average customers. Today, consumers looking for high-quality fashion at lower prices are able to do so online or at physical stores. According to Forbes Magazine, Amazon has gained approximately 20 percent of the fashion e-commerce market, as of November 2016. The Fabletics Brand is taking on the corporation and succeeding in global and national markets with revenue reaching $250 million.

Fabletics marketing strategies differ from competitors in various ways, including its membership & subscription model and reverse showrooming technique. In 2016, the brand is receiving vast growth in sales and expansion, reaching markets in Germany, France, and other countries. Store locations continue to open this year in the United States and an estimated 75 to 100 are planned to open within the next five years. During 2016, physical stores opened in Colorado, North Carolina, and Nevada. The brand’s strategies have placed Fabletics in a positive financial position to expand and attract more customers and members.

The reverse showrooming method Fabletics uses is the way the brand does its physical stores compared to other fashion brands. Forbes reported that 30 percent through 50 percent of the brand’s customers are members who visit store locations. Approximately 25 percent of walk-in customers who visited physical stores became members, proving reverse showrooming is effective for attracting shoppers. The brand continues to strategize their marketing goals by collecting personalized data to make shopping convenient for their loyal customers. Fabletics reversed the showrooming model by turning traditional in-store browsing to create and build relationships.

In July 2013, Co-founders Kate Hudson, Don Ressler, and Adam Goldenberg founded Fabletics and launched the brand three months later. When the brand was formed, the focus was mainly on women’s athletic wear for jogging, workout, gym, and yoga. Now, there’s a men’s line comprising of active wear that was launched in 2015 and uses the membership subscription model, as well. Remarkable growth has happened in 2016 for the brand, including the launch of swimwear and dress collections. Fabletics offers reasonable cost, quality, and stylish athletic and casual apparel for women and men.

Kate Hudson’s fitness brand is an affiliate of TechStyle Fashion Group, formerly known as JustFab, Inc., the inventor of membership subscription fashion. Becoming a VIP member at Fabletics comes with rewards of savings from 40 percent up to 50 percent, special promotion invites, and earning points. Members can use the points earned as cash to purchase free active or casual clothing from Fabletics. Each month the brand offers promotional specials for customers who become new members. During the month of December, new subscribers are offered two pairs of leggings for $24, which is valued little over $100.

Recalling the Brilliant Life of Stephen Murray as CEO of CCMP

Death is such a cruel reality we have to live with for the rest of our lives. Its impact becomes more severe when your loved one is taken away from you. They say that brilliant people die young. If by chance this common judgment is true, then we will live to know that Stephen Murray left us because of the natural system. We can live to say that he may have worked out much of his karma and the bit that was holding him also went away.

Stephen Murray was one of the most brilliant business leaders in the modern world. He had the instincts of an intelligent person and the mindset of an entrepreneur. He was one of the few individuals who could dare to dream and make their dream a reality in a short span. Unfortunately, he died at the age of 52. At such an age, Stephen was still full of potential and energy.

He was the president and CEO of CCMP, a privately-owned equity firm operating in the United States. He was a recognized business leader with an impressive track record spanning 20 years. Before Murray died, he served in several companies under different capacities as a leader. He was also a member of several boards. He served as the chairman of the Board of Directors ant Crestcom International. He also served as board member of Infogroup Inc., LHP Hospitals, Octagon Credit Investors and Strongwood Insurance Holdings.

Read more: CCMP Capital Advisors Gets Backing to Resume Investing From Fund

At CCMP, Murray was charged with overseeing the operations of the company. He was fully responsible for every decision the company took during his ensure as the CEO. He guided CCMP through thick and thin for 16 years. The company now brags as one of the best equity dealers.

One month before he died, CCMP, thorough its website, announced his resignation as the CEO and board member. However, the company did not reveal more details about his resignation on Crunchbase. However, sources close to the company’s hierarchy later revealed that Stephen had resigned because of health issues. He was immediately replaced. Also, the exact cause of his illness was not revealed. He was one of the CCMP’s two executives who were listed by SEC as the custodians of the company’s assets. He was also listed in SEC’s ADV form.

His legacy as a brilliant executive will continue to live on for many years. CCMP will remember him as the individual behind its current success.

Learn more about Steve Murray: http://www.ccmpcapital.com/team/

The Brilliant Education Platform, Solvy

 

Solvy is an online platform for math homework problems. The free platform is for students as well as teachers and schools. Using Solvy, students are able to access the math problems that have specifically been selected by their teachers. In addition, teachers can use the students’ interests and needs to assign exercises. Based on the outcome of the homework, teachers receive notifications on where a student has weakness, which shows them the areas where they can offer additional help to students.

Solvy offers an authentic context for learning math that is similar to a math classroom. That is because it helps teachers in using their time effectively since it also saves them time. Additionally, since it is a web based tool, it can easily be accessed by the teachers and students on a number of devices. It allows the students to conveniently interact with the graphing tool. At the same time, teachers can see the student work of finding solutions to each math problem to identify any errors as well as misunderstandings.

About Alexei Beltyukov
Alexei Beltyukov is the businessman behind A-Ventures, Mechanicus, and New Gas Technologies. He is a Russian philanthropist and entrepreneur. Beltyukov decided to pursue his interest in business after moving from the medicine profession. He started multiple businesses that went on to be successful after obtaining his masters in Business Adminstration from the INSEAD Business School. Alexei Beltyukov started Endemic Capital in 2013. His aim for creating the company was to offer Russian start-up firms a place where they could get funding. Alexei Beltyukov also established A-Ventures with the same goal. He created the company to assist other firms in rough times.

In philanthropy, he has created other organizations with the aim of assisting Russians that want to form businesses or join business schools. Beltyukov is credited with the formation of a scholarship program for Russian students at INSEAD. The Scholarship gives financial aid to Russians that have been accepted at the leading business university. Partnering with the Russian government, Alexei Beltyukov works as the Skolkovo Foundation’s vice president. He offers economic support via the foundation. In addition, the organization provides opportunity as well as grants to Russian entrepreneurs. The organization also supports Russian start-ups.

Sam Tabar Has a Stunning Career

Sam Tabar has certainly made a name for himself in the legal and business field. An expert capital strategist, he has earned the reputation of someone who knows how to please his clients and get the job done. Working with diligence and intelligence has gained him an impressive career.

He now works in New York City for the FullCycle Fund. Previously he has served with distinction at other firms. He started off with Skadden, Arps, Slater, Meagher & Flom LLP. His strong legal skills and solid business acumen moved them to make him an Associate, and soon he worked for them on capital strategy and business development. His efforts were successful. He loved the work and was eager to help his clients.

He also served with the SPARX group. There he was appointed to be Co-Head of Business Development and Managing Director. He was able to bring meaningful success to their business, due to his business savvy and strong legal ability. From the SPARX group he went on to Bank of America Merrill Lynch. Working on the Asia-Pacific region, they made him Director and Head of Capital Strategy.

From there he went to work for another legal firm in a desire to strengthen his legal skills even further. At Schulte Roth & Zabel LLP he became a Senior Associate. He concentrated on compliance issues, hedge funds and a great deal more while working for this firm. This effort increased his experience and sharpened his skills, just as he had planned. It also earned him the distinction of being one of the principal players in his field.

By exhibiting a care and concern for his customers and maximizing his talents Sam Tabar has given a good example for others to follow. Entering into the legal field is hard to do. Earning distinction there is even harder. Because of his hard work and dedication, he is now known as a leader in his field and much to be sought after. He also finds time for recreation and family and is a talented amateur photographer, and a frequent tweeter.

Adam Goldenberg: The New Type of CEO

As it says in a recent article, Adam Goldenberg is probably not the type of person you would have in mind when it comes to being a CEO of a fashion company like JustFab. However, along with his other CEO, Don Ressler, that is exactly what they have done. That is the great thing about the business world. You can’t pigeonhole people or put them into a special little category. A lot of times people have special skills and special talents that they are just waiting to get out there. They just need the right doors to open and things to fall into place for them.

What separates Adam Goldenberg from the competition, of course, is the fun that he likes to have and the fact he is filled with passion. At the end of the day, we all know it is a business, but just because it is a business and there is money involved, it doesn’t mean you can’t have some fun along the way as well. Adam Goldenberg knows the most sustainable way to bring out the best in him and his employees is by having fun and making it an environment where everyone can be the best version of themselves.

It is even talked about how people take themselves too seriously in this industry. If you can’t laugh at yourself, have some fun while still getting the job done, you are doing something wrong. That ties into the next thing, which is passion. Adam Goldenberg has droves and droves of passion. That is why he is having so much fun! He realizes what a special position he is in and how many people would love to be in it. Because of this, he wakes up every day, ready to take on whatever is going to be thrown at him. He doesn’t mumble and grumble and ask for five more minutes.

Adam Goldenberg is ready to start the day, have some fun, and provide plenty of passion to the proceedings. Adam Goldenberg founded his first company at fifteen, so he has always been looking for new ways of doing things. That is the way of the world today. Not everyone is looking for your everyday 9-5 job. They are looking for ways to have fun, enjoy themselves, and get the most out of their lives. We only get one life, so it is best to live it to the fullest. Adam has been doing that since he can walk! Source: http://www.crosscut.vc/adam-goldenberg

Securus Lays Bare The Rotten Potatoes in Industry

Businesses should rise above the desire to make money to providing service to the society. It gets even worse when a business fuels that which it is its business to contain. This basically condemns the business to an enemy of its very client. This is what Securus intends to portray when it prepares to release additional reports on GTL over the next six months. Securus morality stand compels it to shame the carrier into acting with higher integrity.

In a Press Release on Securus Website, the company, a leading provider of civil and criminal justice technology solutions for public safety, corrections, investigation and monitoring announced release of multiple reports implicating Global Tel Link (GTL) to wrongdoings and integrity breaches by the inmate communications provider. And according to PR Newswire to get a feel of what Securus has in store over the matter, Securus actually presented the first in its series of articles to be published.

The Chief Executive Officer of Securus America Technologies, Richard Smith expressed passion for the industry of service to law enforcement, corrections, inmates and to the general society. As such, he takes offense in a situation where a career compromises on its duty to integrity at the chagrin of the rest of the industry. According to Smith, Securus’ business mission goes beyond making money to serving customers interests.

Know more: https://en.wikipedia.org/wiki/Securus_Technologies

As a sneak preview of what Securus knows about the misdoings at GTL, Securus found among other things that:

  • GTL maliciously programmed clocks in their telephones at correctional institutions, adding either 15 or 36 seconds to each call’s duration.
  • GTL artificially inflated charges to its customers
  • GTL engaged in billing a single call more than once

These and other gross misconducts by the company are unacceptable in the industry.

Securus Technologies is a service provider of emergency response, incident management, biometric analysis and other inmate related services. It is headquartered in Dallas, Texas. They envisage making the world a safer place to live. See https://www.crunchbase.com/organization/securus-technologies#/entity for more info.

 

 

 

Martin Lustgarten on How to Succeed in Investment Banking

Investment banking is a difficult industry to work in. Not only are the hours long, but the pressure from clients is immense as well. There are a lot of people who only last a couple of years in the business. Investment bankers primarily work with wealthy clients who want to know how their money is working for them. This is an important point to make because it is the source of the stress that investment bankers feel. Martin Lustgarten has been able to survive in the competitive world of investment banking for many years. During that time, he has earned a reputation for being one of the best in the industry.

Investment Banking Trends

There are a lot of important trends in investment banking over the past couple of years. Not only are people more interested in investing as the stock market improves, but a lot of investors are actually willing to pay for investment advice. This is an important turning point from where things used to be in the markets. There are many people who were scared out of investing after the stock market crash several years ago. This is one of the many reasons why people like Martin Lustgarten are so important to the industry.

Working with an Adviser

Working with a financial adviser is one of the best things that anyone can do for their finances. Studies show that investors who get quality advice in this area tend to do better than those who do not. Always make sure to keep the long term in mind when making investment decisions. There are many people who always follow the latest fad in order to get a quick return. While this may work in the short term, over time this is not a good investing strategy. Working with a qualified financial adviser is one of the best decisions anyone can make for their finances.

Martin Lustgarten is a great example of someone who has excelled in the harsh world of investment banking. During that time, he has been able to help thousands of people with their personal finances and investing. Take a look at his Instagram account to get an idea of his personal life.