Market America, changing the shipping game

Market America raising the bar for the competition. Market America has been one of the leading online shopping brockage companies in the world since 1992. For years it has provided its clients with much needed products at their convenience. This time, they have decided that the old way they operated in is not enough anymore; they are taking a step forward. They bought shop.com a leading online comparison shopping engine provider.

During the Market America|SHOP.COM International Convention and 25th Anniversary Celebration, the CEO of Market America|SHOP.COM announced that though the company bought shop.com, they will not merge just yet. The two will continue serving its clients as it used to but the management style will have to change now that they are one.

How will this help in their forward move?

With shop.com on board, Market America has been able to offer even more people opportunities to grow their business. This is made possible by their affiliate programs where different shops use their site to showcase their products. This not only benefits the shop owners in terms of profits but also in terms of increasing their client base.

With Market America’s touch of personal shopping experience, this combination will allow them to give their clients more satisfactory services. During the conference, it was declared that customers will be rewarded for moving the items they buy more frequently to shop.com from multiple brands. Talk about smart marketing. The rewarding process will be made possible by cutting edge technology that will analyse the consumers buying habits and determine which items are frequently bought.

In addition to the merger, they have a whole new range of products that will blow you away. During the conference, they said that this will enable them to give their clients only the best there is in the market and give the options. The last thing a shopper wants is to be stack with one brand or one size.

This new expansion has also helped the attract new investors, bill gates, Amazon.com and Oak investment all agree in the potential of this new expansion and want a part of it. They all came on board as investors to help see this vision become a success. His facebook page

February 17, 2018

Posted In: Businessman, CEO

Tags:

Leave a Comment

What Sheldon Lavin Has Turned OSI Industries Into Over The Years

OSI Industries has proven over the years that even big companies can have success running like a mom and pop shop. That’s one aspect of the culture of OSI that CEO Sheldon Lavin has worked hard to foster. Lavin has been with OSI Industries for more than 40 years and one thing he’s wanted to remain unchanged is promoting diversity and a culture that seeks to look out for every employee. Lavin believes that no matter what background anyone comes from, they should be given the opportunity to earn promotions and give feedback to him and other company executives. Lavin recognized how OSI Industries could make a difference early on.

Lavin joined the meat wholesale company back when they were Otto & Sons, a Chicago meat plant that had formerly been a butcher shop. They had become the chosen partner for McDonald’s Corporation and now had the task of raising financing to build more processing plants to meet the McDonald’s demand. That’s when Sheldon Lavin was called upon to make the financing happen. Lavin had had many years of experience in banking and investment consulting and was actually the founder of a boutique firm. As part-time financial manager at Otto & Sons, he did such a tremendous job that the aging owners started asking him to take over the company.

Lavin’s passion up till that point had been in finance and investing, and when asked to become CEO of a meat wholesale company, he was hesitant at first. But when offered an ownership stake and a chance to grow the company as he saw fit, Lavin accepted and Otto & Sons took off from there. Upon making their first major venture overseas, the company became renamed OSI Industries.

One way to describe Lavin is that even today beyond 80 years old, he just doesn’t seem to slow down. He not only loves the people he works with, he also cares deeply about the local community and other charities across the US. He’s involved with the Inner City Foundation of Chicago, several non-profit health organizations, wildlife park services, and the Ronald McDonald House Charities. Commemorating 40 years of Lavin’s business and philanthropic accomplishments in 2016 was Global Vision Academy, an organization in India that awards people for excellence in building a business and sustaining it for a long time. Lavin has also been featured in publications from the North American Meat Institute.

Sheldon Lavin’s Facebook Page: www.facebook.com/public/Sheldon-Lavin

December 22, 2017

Posted In: CEO, OSI Group

Tags:

Leave a Comment

Luiz Carlos Trabuco’s Four Decades Of Excellence At Bradesco

Luiz Carlos Trabuco has been part of the Bradesco team for more than forty years now. In 2009, the one-time clerk at the bank became the president and the fourth individual to hold this position in the company. Bradesco is among the top financial institutions in Latin America with assets valued at about 900 billion dollars.

Born and raised in Marilia, Luiz Carlos Trabuco enrolled at the University of Sao Paulo’s Faculty of Philosophy, Sciences, and Letters. He furthered his education at the Fundacao School of Sociology and Politics, Sao Paulo, majoring in socio-psychology. He joined Bradesco in 1969 as a clerk at the bank’s agency in Marilia. Marilia is also the first location Bradesco opened a branch and the hometown of the founder, Amador Aguiar. Luiz Carlos Trabuco went on to work at the head offices at Sao Paolo. In 1984, he assumed the role of marketing director, the first executive position at the company. Until 1998, he was the Executive Director and President of company’s private pension branch, Bradesco Previdencia. In 1999, he took over the role of Vice President of the Bradesco Seguros and elevated to President in 2003.

During his term at Bradesco Seguros, the company’s total assets increased to $78 billion from $32 billion and the return on equity average 29% from 22% and never went below 27% between 2003 and 2008. Bradesco Seguros’s contribution to the total income increased to 35% from 26%. At the same time, Bradesco Seguros became the market leader in insurance solutions in Latin America commanding a market share of 25%.

The stellar performance at Bradesco Seguros highlighted Luiz Carlos Trabuco’s abilities and made him the ideal candidate to replace Marcio Cypriano. Marcio Cypriano had equality accomplished several milestones including overseeing the takeovers of Banco Cidade, Finasa and Zogbi, and BBVA. During the ten-year term of Marcio Cypriano, Bradesco’s market value grew to 30 billion dollars from 5 billion dollars. Other names fronted for the presidency position at the bank included the immediate Vice President Jose Luiz Acar Pedro and Milton Vargas.

Luiz Carlos Trabuco’s strategy as the new president was to focus on growth, internal performance and service delivery. He prioritized organic growth and pursued geographic expansion. Afterwards, the bank would focus on inclusion of its service to increase its reach beyond the financial services scope. Bradesco’s account holders increased to 27million from 20 million in 2003, and the bank opens up to 600 new accounts a day in peak periods. The bank’s agencies increased to almost 5000 from 3500 in four years. By 2025, Luiz Carlos Trabuco is optimistic that the bank’s customers will increase by about 20 million. He is particular about the traditional banking practices. As such he endeavors to understand the client’s values, preferences, interests, and needs. Amador Aguiar, his mentor, and a former president also prioritized customer experience and service delivery.

Luiz Carlos Trabuco introduced Unibrad, a corporate university that aimed to improve the leadership capabilities of the executives and employees of the group.He disregarded the company’s traditions and sourced for professional outside the company to hold top positions. In 2017, the Global CCU Awards recognized Unibrad as the Best Corporate University In the World. In 2015, Luiz Carlos Trabuco undertook a development that increased the asset value, branches, and market share. The 5.2-billion-dollar purchase of HSBC bank Brazil increased the bank’s competitiveness in the private banking segment.

The Money Magazine named Louis Carlos Trabuco the 2015 Finance Entrepreneur of the Year. In 2016, Forbes Magazine ranked him among the Best CEOs in Brazil. He is also a recipient of the 2006 and 2007 Insurance Person of the Year Award, the 2009 Don Quixote Trophy and 2009 Tittle of Meritorious Citizen of Marilia. He volunteers the board of the Brazilian Federation of Banks and is the Vice Chairman of the Board of Directors of Bradesco Bank.

October 3, 2017

Posted In: CEO, Leader in Banking

Leave a Comment

Shaygan Kheradpir Makes Technology Industry Return

Shaygan Kheradpir is not a man who seems to spend too much time out of work after making the move to Internet networking giant Coriant soon after joining its parent company Marlin Equity Partners, according to Light Reading. Marlin established the Coriant brand in 2013 after purchasing a number of companies and groups and placing them under the brand name to form a corporate identity; Marlin assembled an impressive array of companies from across the technology industry including departments of Nokia Siemens, Tellabs, and Sycamore Networks.

As Coriant continues to grow the executives at Marlin are hoping the replacement of Pat DiPietro as CEO with Shaygan Kheradpir will signal a strong period of growth and development based on the history of the former Barclays executive as a developer of new technologies. Kheradpir signaled his entry to the technology industry with a successful period at Verizon and GTE Labs, Coriant reports. As the Chief Information Officer for Verizon Kheradpir was responsible for the modernization of the systems of the group that began with the introduction of FiOS technology with a $20 billion investment budget.

Kheradpir has not entered the Coriant family with his eyes closed after he spent much of 2015 working at Marlin Equity Partners as an Operating Partner with a focus on improving the profitability of the emerging networking company. The complete review Kheradpir undertook of the Coriant organization was one of the main reasons why he was awarded the powerful role he now undertakes at Coriant where the release of new technologies is designed to allow the group to challenge its more established rivals in the networking industry. Not that Coriant has struggled to survive since its inception, but has instead flourished with an expanding list of clients that now reaches more than 500 across 50 countries; Kheradpir will be charged with improving the profits and growing the business of a brand with an annual turnover of more than $1 billion.

Shaygan Kheradpir will be hoping for similar success to that he found as a board member of Barclays, one of the largest financial institutions in the world. The Cornell University educated technology expert will still look to remain an important figure at his former school where he plays an important role on the Engineering Board of the educational institution.

Follow him @shaygank and on Crunchbase

August 11, 2016

Posted In: CEO

Leave a Comment

Marc Sparks spurs Social Innovation through Spark Tank

Marc Sparks runs various portfolio companies in America that mentors and provides grant support to startup entrepreneurs. He has a wealth of experience in entrepreneurial development having owned numerous companies providing services based on telecommunications, real estate, investments, and business solutions.

Marc Sparks’s Spark Tank is a social innovation in the form of a venture capitalist business based in Texas, Dallas. Early mentorship on business improves an entrepreneur’s ability to actualize his or her idea, get more customers, hire good employees, and learn tactics of attracting more investors.

According to GoodReads, Marc Sparks ’s innovation empowers and offers grants to start-up social entrepreneurs in their bid to make a successful entry into the business industry. Spark Tank’s primary objective is to provide a platform for entrepreneurs to develop and actualize good business ideas.

To receive a grant, an entrepreneur must post an application to the Spark Tank panel. The panelists choose applicants whose ideas will participate in the program. The innovation ideas presented to the panelists must be related to either animal services, arts, or human services.

Marc Sparks has employed experts from different business fields to help in the selection process. The panel consists of professionals from the fields of research, public relations, human resource management, digital and media industries, among others.

For a business idea to win a grant, an entrepreneur needs to construct a compelling presentation that captures the attention of venture capitalists. The entrepreneur should put into consideration what the venture capitalists would like to hear in designing his or her project.

Here are a few tips to guide an entrepreneur in creating an idea that will capture a venture capitalist when presenting his or her idea:
• Entrepreneur should make their points clear. They should not spend too much time discussing irrelevant details.
• Outline how they plan to be successful, using valid data. Their information should be well supported by data to capture the investors’ interest.
• Simplicity is a key to success. Entrepreneurs should not complicate their project since it can put off venture capitalists. Learn more about Marc Sparks: http://whoismarcsparks.com/

Why your startup business needs a grant from Spark Tank

Any start-up entrepreneur often reach a point where he or she require more funding to meet the goals of their companies. Without including external investors into your business idea, you may fail to attain your company’s full market potential. Subsequently, venture capitalists will offer a solution.

It is not easy to get money from the venture capitalists. You must display your brilliance in convincing financiers that your idea is outstanding. Venture capitalists are often experienced and will easily identify many possible risks associated with your good idea.

To make your business plan stand out, be sure to design a company that will be offering services that are not provided sufficiently by your competitors. While presenting the idea, show clearly how the grant will boost your business.

August 10, 2016

Posted In: CEO, Venture Capitalists

Leave a Comment

Andy Wirth Talks About the Future of Ski Resorts

Press Play with Madeleine Brand on KCRW recently did a story on the drought that has been hitting the West Coast over the past few years.

As a result of this drought, it has been reported that Californians have cut back the overall water usage by 27 percent within the last few months as the supply of water continues to dwindle. It has also been reported that Californians are more concerned about the drought than any other worldwide issue.

On of the most interesting insights into the future will be from those who are involved in the winter sports industry. As business owners of winter sport items and resorts have suffered one of the driest reported winters, it is no surprise that many of these businesses are suffering as a result and have to go out of business or cut back. With this issue in mind, Madeleine Brand asks Andy Wirth of the Squaw Valley Ski Resort what business owners can do in order to stay afloat during a dry winter.

Andy Wirth is the CEO and President of the two merged ski resorts of Alpine Meadows and Squaw Valley. During this interview with KCRW, Madeleine brand was interested in asking Mr. Wirth how his winter went in terms of business.

Andy Wirth, in response, stated that undoubtedly, his resort had a tough winter due to the low pressure in the mountain regions. Andy Wirth also admits that due to the weather, skiing visitors was down by a total of 20 percent which was lower than what was originally expected.

When asked as to how many more winters the Squaw Valley Ski Resort could survive, Andy Wirth optimistically stated that his resort would be able to withstand quite a few more winters in the future. Though Andy Wirth’s resort was not as profitable as it could have been, the capital structure as remained solid and profit is still being made by the business.

Andy Wirth stated that the key to withstanding an infinite amount of winters is to take advantage of the circumstance and to not allow the circumstance to let the business crumble.  Learn more about Andy Wirth: https://about.me/andywirth and www.kcrw.com/people/andy-wirth

Andy Wirth added that his ski resort has over 6,000 acres of land that can be explored by skiers. Mr. Wirth also adds that if only 4,000 acres of land was offered for skiing purposes, visitors would still have a great time at the resort. Andy Wirth also commented on his adaptability to the drought by using science in making snow for the resort.

This means that even will record low snowfall each and every year, the ski resort would still be able to heavily profit and may even be able to bring in new visitors.

July 21, 2016

Posted In: Andy Wirth, CEO, KCRW