• Wanna Recommend
  • What’s Up With My World
  • Archives
  • Categories
  • Don Ressler – The Minds Behind The JustFab And Other Successful Ventures

    2016 - 07.20

    Just as Peter Drucker says, “whenever you see a successful business, someone once made a courageous decision.” Though Don Ressler might have encountered challenges throughout his journey to become the world’s renowned entrepreneur, he has used them as a stepping stone to the next level. You can recall him from FitnessHeaven.com and Intelligent Beauty and many of its subsidiaries.

    Don Ressler has in the past initiated many businesses, some doing well as to be admired and purchased by interested parties. A good example is the FitnessHeaven.com, which can be termed as his first ever start-up. It was in 2001 acquired by Intermix Media, after which he saw it fit to team up with Adam Goldenberg who was then 19, and Intermix COO. They together formed Alena Media. Its only source of profit was its e-commerce and performance advertising division which generated millions in revenue.

    However, it was not to stay for long as in 2005; it got acquired by New Corp. It would be their exit time as they got frustrated by how this successful business they had built over time got less attention by the media conglomerate. With a few members from Alena Media, they had to brainstorm in Goldenberg’s house, and two weeks later Brand Ideas was born, which later changed its name to Intelligent Beauty.

    The business came up with their first online brand, DERMSTORE at http://perezhilton.com/tag/don_ressler/#.V4Ah_46RKGg, an online marketplace for skincare products and cosmetics. Dr. Alan Hirsch was brought in two years later, for product development and former Intermix founder, Brett Brewer made the CEO, in their newly established weight loss system, SENSA.

    Intelligent Beauty would yet again launch their third company of Don Ressler, JustFab in 2010 which later received $33 million dollars in funding from Matrix Partners the preceding year. A new president and creative director, Kimora Lee Simmons was appointed by September. Business was good for them as by December 2011; they had already hit 4million members and 6million by April 2012. A second round funding was initiated that raised $76 million from Rho Ventures, Matrix Partners, Cross Over Ventures and Intelligent Beauty.

    The successes of JustFab continue to raise Don Ressler’s flag even high. Since parents formed most of her clients, it came up with children fashion subscription FabKids in 2013 January. On May the same year, it acquired FabShoes, a European Fashion site with over 500,000 members throughout Spain and France, while still having more than 1.5 Million in Germany and the UK. On October 2013, Kate Hudson’s Fabletics, an athletic wear site was launched with Don Ressler and Adam Goldenberg. A rival footwear company Shoe Dazzle was also purchased. Since September 2013, JustFab has an offline flagship store for all their clients.

    Squaw Valley CEO Andy Wirth Hopes The Resilient High-Pressure Ridge Over California Is Gone

    2016 - 07.19

    In meteorological terms, the four-year California drought is the product of a ridiculous ridge of high pressure that stalled over the Golden State. California has suffered unprecedented financial and agricultural losses as well as an enormous amount of resident backlash because of the drought.

    The famous ski resorts in Northern and Southern California have taken a painful financial beating, but they seem to be holding their own as the weather ridge sits over them and refuses to let the state cry the warm tears that fed the crops, gardens, and people of the state. Learn more about Andy Wirth: https://about.me/andywirth and www.kcrw.com/people/andy-wirth

    It’s no secret that 2015 was a horrible year for the ski resorts that attract thousands of skiers from around the world. Ski resorts like Tahoe Donner, Donner Ski Ranch, China Peak, Mount Shasta, Soda Springs, Mountain High, Badger Pass, Dodge Ridge, and Mt. Baldy experienced a shorter season in 2015, and that meant less revenue and more headaches for the companies that operate them.

    Squaw Valley is probably the most successful ski resort in Northern California thanks to CEO, Andy Wirth, but even Squaw Valley had a 20 percent decrease in revenue in 2015, according to an interview Andy Wirth did with Madeline Brand of KCRW radio. Brand’s talk show, Press Play with Madeline Brand, wanted to get to the bottom of the ski resort drought dilemma, so Brand called Wirth for an interview.

    Brand had several questions, and Andy Wirth was prepared to answer them. Mr. Wirth told Brand that Squaw Valley did lose revenue in 2015, but the ski resort is financially secure and can withstand several more years of drought if it is put in that position.

    Wirth said Squaw Valley is a 6,000-acre resort, and 4,000 acres were covered in snow in 2015. But Wirth did say all the press about the drought did keep some loyal skiers away from Squaw Valley. According to Wirth, Squaw Valley has built a solid customer base over the last 70 years, and the resort is considered one of the best ski areas in the world.

    Andy Wirth has spent more than 20 years in the ski and resort industry. Andy went to work for Steamboat Ski and Resort Corporation in 1986, but he was an active skier and backcountry ranger while he attended Colorado State University. Wirth decided to continue his studies at Edinburgh University in Scotland, but he returned to the United States to go to work in the ski industry.

    In 2009, The Cushing family called Wirth and interviewed him for the president and CEO job at the family-owned Squaw Valley Resort. Nancy Cushing hired Wirth, and she stepped down as CEO. Wirth was the catalyst behind the $70 million renovations of the resort in 2010, and he continues to be one of the ski resort executivess in the business.

    From Dead End Job to Philanthropy

    2016 - 07.05

    British millionaire and philanthropist Sanjay Shah recounts the time when he was sitting at a dead-end job. He was looking for a way out of his misery and began brainstorming while virtually creating a business plan in his head. As fate would have it,the market crash of 2008 did away with the jobs in the financial industry he was working in including his own position as an accountant.

    Forced to start over, Shah was not crushed by this event and took things in stride. He decided to become an entrepreneur and rented a small room to get his business started while scaling down on some of his expenses. Solo Capital brokerage company started with just Shah as owner and sole employee but did not stay that way for too long.

    As the company began to grow, Shah hired more and more employees to help with the business. The London-based company, that started as a very small business venture has now grown so much that they were in need of a new business location. They presently own their own buildings and employ thousands of workers.

    Sanjay Shah who was born in Kenya, moved to the United kingdom when he was just a little boy. His family was well-to-do and he lacked for nothing as a youth. He was used to attending the best schools and fancied continuing to live a life that included the best for him, his own growing family.

    After becoming a self-made millionaire, Shah wanted to spend his spare time and all the money he made, on his wife and children. Shah was able to spend more time at home with his family, and as his family grew, Shah learned that one of his son’s suffered from autism. This prompted Shah to start Autism Rocks Foundation.

    Autism Rock is a charitable organization that helps to bring awareness to all about autism. In short, Solo Capital helped Sanjay to prepare for the challenge that he was to face later on in life when his child was diagnosed with autism and now he has a part in helping to improve the lives of those with autism.

     

    Find out more about Sanjay Shah:

    http://www.thesundaytimes.co.uk/sto/business/Finance/article849141.ece

     

    George Soros Outlines Ukraine Rescue Package

    2016 - 06.15

    Financial guru, hedge fund owner and political analyst George Soros has been speaking out about the many crises facing the leadership of the European Union, most notably the situation in the Ukraine. Soros has long been involved with the Ukraine and he also heads a foundation dedicated to the Ukraine. It is his feeling, laid out in a recent article in NY Books, that the EU leadership needs to put its focus on creating a rescue package for the country in order to help it stabilize and avoid a debt crisis similar to the one in Greece.

    Read more:
    George Soros – Business Leader, Philanthropist

    George Soros – Project Syndicate

    Right now the Ukraine is in a new era, as the country seeks greater freedom and economic stability, inspired by the Maidan revolution of 2014. Soros feels strongly that this “new” Ukraine must be fully supported, in order to stabilize further. A spiral back into instability could be very detrimental to the EU as a whole.

    The rescue package that George Soros Ukraine recommends would include substantial financial support, and would include political risk insurance at an affordable price. The package would also include incentives for investors. Soros points out that a more stable and more viable Ukraine will definitely be more attractive to investors, which will bring even more stability to the region.

    The gas monopoly in the Ukraine is state run, however, and Soros suggests that this situation should be dismantled, with prices rising to market levels. Some support could be built in for those who are unable to pay higher gas prices.

    There’s no doubt that right now the EU leadership has many crises to deal with already, including the ongoing migration situation, as well as the state of the euro and whether or not Britain will be willing to stay in the EU. Still, the Ukraine situation is at a crossroads right now, and it is Soros’ view that the EU must step in sooner rather than later. Ultimately, the EU cannot afford to have another country fall into the chaos of deep debt, and the cost of helping the Ukraine will pay off hugely if the region becomes more stable.

    Learn more about George Soros:

    https://www.project-syndicate.org/commentary/george-soros-shows-why-eu-support-for-ukraine-would-end-up-benefiting-europe?barrier=true

    http://www.forbes.com/profile/george-soros/

    George Soros On Ukraine and Europe

    2016 - 06.07

    Financier and philanthropist George Soros recently published an opinion piece about the war in Ukraine and how it relates to Europe in the New York Review of Books. Soros notes that the European Union is simultaneously facing multiple crisis situations: the collapse of the euro, the terrible economic conditions in Greece, the possibility that England may leave the EU, the influx of refugees from the Middle East, and, finally, Russian aggression in Ukraine.

    Soros feels that, while it is important for the EU to deal with all of these crises, working to halt Russian aggression in Ukraine should take priority. By standing together against Putin, he believes, the countries in the EU will grow closer, and they will be able to deal with the other crises better as a result. Also, dealing with all the crises at the same time is simply too much; essentially, trying to help with the Ukraine is the best way to start.

    As far as the political situation goes in Ukraine, George Soros Ukraine believes that there is a new revolutionary spirit in the country from people tired of the corruption and self-serving ways of the Russian-allied establishment in the country. Soros wants the EU to encourage this new spirit since he believes that, if the old guard doesn’t retain political and economic power, Ukraine can become an economically vibrant nation, and this will benefit Europe as a whole. Soros is an expert on the Ukraine in general because he has lived and worked in the country as well as carefully studied and analyzed it.

    Read more:
    Save the New Ukraine

    Sustaining Ukraine’s Breakthrough

    While Soros is definitely in favor of standing up to Putin, he does not recommend European sanctions against Russia. He believes that sanctions would simply allow Putin to tell his people that they are being punished unjustly by Europe and thereby strengthen his own political hold on the nation. Rather, he recommends financial aid for Ukraine to bolster economic development and to make Ukrainian business interests better disposed towards Europe.

    Soros views ending corruption in Ukraine as being especially important and believes that the Ukrainian civil service in particular must not accept bribes. Putin, he feels, wants Ukraine to remain corrupt and economically stagnant since an improved Ukraine would make all Russians want better government for themselves, and Putin has a vested interest in maintaining the status quo. Because of the crises facing the EU mentioned earlier, Soros says, it will be hard to find money to help Ukraine. He feels, however, that it is worth doing so because the threat from Putin is so great and the possibility of a new and improved Ukraine is so vital.

    Learn more about George Soros Ukraine:
    http://www.biography.com/people/george-soros-20926527

    http://www.forbes.com/profile/george-soros/

    Olympic Valley Incorporation Fight Ends With Andy Wirth Calling For Community Healing

    2016 - 06.02

    The Reno Gazette Journal is reporting Andy Wirth, the CEO of Squaw Valley Ski Resort, is calling for the small community of Olympic Valley to take some time to heal after a prolonged debate over incorporating this area of California’s Lake Tahoe region.

    The debate has seen a large split develop in this tightly knit community between those who wished the area to incorporate and others, headed by Wirth, who felt it was a bad idea; Andy Wirth and his supporters have won the battle, but the popular ski resort manager is hoping a return to community happiness can soon see a return.

    Andy Wirth weighed the two sides of the debate over Olympic Valley incorporation before making his decision to fight against the move by a number of prominent local business leaders to incorporate the region. One of the major bones of contention for Wirth and others opossed to incorporation was how the proposed city would raise finds to pay for the basic amenities expected by residents and visitors alike.

    The planned taxation on hotel rooms was not backed by Andy Wirth as he believed the level of funding created would not be high enough to allow the Olympic Valley area to maintain itself at the level expected by visitors for the tourism industry.

    Eventually, a fiscal study completed by local officials from Placer County and independent financial experts agreed with Wirth’s side of the argument and refused the application to incorporate Olympic Valley. Despite the success he feels in being supported by experts on almost every side of the incorporation debate Andy Wirth is not looking to gloat, instead he has called for a period of healing to return the Olympic Valley to the happy environment it has always been.

    Andy Wirth is a popular figure in the tourism industry because of the success he has achieved as a CEO and resort manager across the world. Wirth was born in Germany, but found his way to the U.S. to study and quickly decided he wished to work in resort management after studying in Colorado and Edinburgh.

    Andy Wirth has always been looking for the best opportunities to push forward Squaw Valley and the Olympic Valley region as a whole, which has recently seen him look to develop a gondola link between Squaw Valley and Alpine Meadows, according to Powder. Alongside the gondola link Wirth has returned from a life threatening skydiving accident to become the chair of the local airport as he tries to ensure the continued success of the Olympic Valley region. Read more: Squaw-Alpine boss looks to turn page on ‘divisive’ fight

     

    Helane Morrison And Other Compliance Officers Prevent Fraud

    2016 - 05.24

    Helane Morrison is the compliance officer at Hall Capital, and she is among a new group of people in the business world who are going to help prevent fraud and theft. She has been the person at the forefront of all the changes that Hall Capital has made to its operations, and she is one of the most powerful women in the business world.

    Helane Morrison has been counsel at Hall Capital for a long time, and she represents a new breed of executive who works on compliance every day with the federal government. The compliance officers are going to be able to check on all the things that are happening within a company, and people like Helane Morrison are going to make sure that their company is in compliance with all the federal guidelines that are required. Those guidelines are going to help keep a business on the straight and narrow path, and it is Helane Morrison’s job to do that at Hall Capital.

    Helane Morrison has been helping the company become very diverse, and she has been telling her superiors how they can be ore efficient in the future. The work that she does helps the company become the best place for every investor, and she prevents problems that would come up when the workers are left unsupervised. Helane Morrison is not watching every single person at Hall Capital do their work, but she is checking all the checks and balances that the company has to use.

    Helane’s time at Hall Capital has helped change the company into one of the most efficient in America. Helane Morrison is making sure that the people at Hall Capital do their jobs right, and she interacts with the government about their new rules.

    She creates the reports that go to the federal government, and she makes sure that she understands all the new rules that have come from the federal government. It is a very easy thing for her to do because she is a lawyer, and she has spoken up with other compliance officers about the work that they have to do. She wants to make sure that every company in America is allowed to operate in a manner that is helpful for them, and she does not want to see her people bogged down too much work. Helane’s job is to help people make sure they are doing their work correctly.

    Better Reputation, the definite online reputation management firm

    2016 - 05.17

    Business reputation is everything to a business. Companies can’t afford to make any misstep least it goes down faster than it rose to the coveted 5-star rating. Not only do reputation management firms fix, prevent, or stop disasters, but also promote your brand. When a person wants to know more about a business, the internet is the definite solution. This necessitates a positive online presence.

    Reputation management services add value to a brand, contributes visibility and longevity of your organization, and prevents the identity of the firm from being misused by others maliciously. The following services are offered by online reputation management companies to build, restore, and protect the business.
    • Search engine optimization and management. This is the process of making the business’ content rank higher in search engines. SEO can also help to mask any negative information about your business by optimizing positive information so that people searching for your results get the positive information first.
    • Developing content and managing it. For a business to rank well in search engines, it must have quality content.
    • Social media management. Social media platforms can help you build your business or ruin it. One inappropriate comment or picture can bring you the worst nightmare.
    Advantages of online reputation management firms
    a. New businesses gain exposure.
    b. Businesses are protected against attacks.
    c. An organization can restore its reputation after it has been damaged.

    Better reputation is an organization that understands the importance of the first impression clients gets from online search engines like Google. They help a business take control of negative articles, outdated news story, malicious blog posts, and poor business reviews. All their services are guaranteed.
    Better reputation believes that; Your brand is a valuable asset and people looking out for you online should get the best results.

    A single action can’t define a business, be it a news source or a blog post. A business should go for a firm that understands its needs. Better reputation has experienced employees who understand the needs of every client.

    Visit Better Reputation’s website here.

    Brian Bonar Proves Who’s Who in Business

    2016 - 05.11

    Brian Bonar was mentioned as receiving the highest honor in the professional’s networking community in 2010. The Who’s Who Executive of the Year in Finance from Cambridge is one of the most prestigious honors that any business person can receive.

    Each year, two men and two women are selected to be a part of this registry. The conditions for the nomination are simply based upon your accomplishments, awards, and recognition, as well as leadership abilities. The article also mentions that Bonar has more than 30 years experience in the world of finance.

    Dalrada Financial, the company that Brian Bonar oversees (get more details at Equilar) has named him as the Chairman and CEO of the company. Bonar’s primary responsibilities are to oversee the benefits extended from employer to the employee as well as to oversee aftermarket products – www.modernluxury.com/riviera-san-diego/story/the-new-frontier.

    The purpose is to create products that aid companies with their efficiency. Issues such as risk, insurance, and promotional tasks are all a part of what Bonar manages and executes daily for Dalrada. Bonar has an extensive background in sales, marketing, and technology, yielding him one of the most experienced businessmen in the country.

    Some of the well-known companies he has worked for in the past include, Trucept Inc., Smart-Tek Solutions Inc., and Tradeshow Products Inc. Positions ranging from sales and marketing to Treasurer, Secretary, and Chairman and CEO, it’s easy to see why Bonar has become a household name in finance.

    The massive success and popularity that is associated with Bonar’s name has continued to propel his career in finance as well as technology. Mergers and acquisitions are also a part of the skillset of Bonar, making him a highly coveted resource for any company that seeks a consultant. Most professionals are no match for the business acumen of Bonar, and his success is still going strong today with Dalrada.

    Source: http://www.prnewswire.com/news-releases/brian-bonar-receives-professional-networking-communitys-highest-honor-98913914.html

    Igor Cornelsen, Investor and Businessman

    2016 - 04.25

    Igor Cornelsen a native of Brazil, commenced his career working in the banking realm lacking any significant experience, possessed with only a GED he boldly stepped into this sphere of banking, and in the process of learning he attained experience along with growing knowledge.

    Soon thereafter it occurred to him that Igor Cornelsen had a curiosity of,and the ability for utilizing assets and learning about economic science.

    After his productive ten year run in the capacity of investment consultant on igorcornelsen.yolasite.com he envisioned creating his own company, and thus became the Chief Operating Officer of his Investment Managing Company.

    Igor Cornelsen is renowned and highly acclaimed in the financial world for introducing prospective individuals to the pros and cons of long term investing.

    His philosophy to becoming independently prosperous means investing for the long haul, and if one is not prepared for this commitment then you should refrain from investing altogether.

    Additionally, Igor Cornelsen states that once you have decided to invest,that you should allocate your funds in a large number of smaller investments as opposed to big investments, due to the fact that if some of them do not prosper, ultimately others have a good outlook and you will witness a profit.

    Igor Cornelsen stresses that it is essential to investigate the company you choose to invest in, and discover the ones that have a confirmed financial history of success, and invest only in them. Under any circumstances do not hastily leap to sell and purchase progressively and steadily,and you will achieve a favorable outcome.

    Later down the road Igor Cornelsen was working with private banks in Brazil, where the economy was miserably declining, and in the course of time he assisted them to make a considerable financial gain.

    His expertise paid off tremendously,because he managed to benefit Brazil turn their economy around after many arduous years of struggling. He also coached them to be judicious with the clients they loaned money to, and to make sure that these clients had a reputation of repaying their former loans.

    He also states that one other crucial aspect that helps him to stabilize Brazil,is doing research of other countries and understanding how they satisfy their citizens and keep a stable economy, which he consolidates into his native Brazil.

    Igor Cornelsen is a retired stock market professional,investor and businessman. Currently, he administers skilled financial recommendations at Bainbridge Investment Inc. as a hobby.