Eric Lefkofsky: Problem Solver

Eric Lefkofsky is University of Michigan alumni, also receiving his Juris Doctor from the University of Michigan Law School. He works as an adjunct professor at the University of Chicago and is the author of Accelerated Disruption. Besides those jobs, Lefkofsky has many roles in the Chicago community. Lefkofsky is the Co-founder and CEO of Tempus, founding partner of Lightbank, and the co-founder and chairman of Groupon. He is also the co-founder of Mediaocean, Echo Global Logistics, Innerworkings, and Uptake Technologies. He serves as trustee at Laurie Children’s Hospital of Chicago, The Art Institute of Chicago, and The Museum of Science and Industry, World Business Chicago and is a co-chairman on their Technology Council. Lefkofsky is also a chairman of the Board of Trustees of Chicago’s Steppenwolf Theatre Company. The Lefkofsky Foundation, a charitable trust formed with his wife has funded over 50 organizations focusing on children.

The Chicago Entrepreneur, Eric Lefkofsky, received an interview opportunity with IdeaMensch. Lefkofsky identifies his self as a problem solver. Tempus came from his need to solve problems of technology not being up to the standards of other industries. This began his journey to find the application of technology at scale level to help cancer patients in clinical settings. With the use of Tempus physicians are able to deliver personalized care to patients. Building a company, managing people, and trying to find solutions to problems takes much of his time. The need to solve problems urges him forward on this journey. Biotech is a trend that he currently finds exciting. Many possibilities exist with biotechnology and it may be key in tackling some of the problems Likofsky has identified. The ability to be effective and productive in his entrepreneurship’s, comes from his talent of prioritizing, delegating, and being a daydreamer. Success has not only come from his talents, but from trying to solve real problems. His staff also has a leading role in the influence of his business thinking. Having a staff that is able to bounce ideas back and forth, expands the possibilities on identifying problems and finding their solutions.

Deirdre Baggot And The Bundled Payment System

Deirdre Baggot is a payment expert and healthcare business strategist. Her impressive academic record includes a bachelor’s degree in nursing, earned from Southern Illinois University, Edwardsville. In addition, she earned an MBA from Quinlan School of Business at Loyola University in Chicago, and a Ph.D. from Denver’s University of Colorado. She started her career at Northwestern Memorial Hospital in 1997, where she held the role of resource coordinator, and later on moved to the University of Michigan Health System after 6 years. Read more about Deirdre Baggot at crunchbase.

As a payment expert, Deirdre Baggot partners with organizations in order to implement the necessary change when it comes to the healthcare payment system. The goal is to replace the “one size fits all” approach and favor a more streamlined program in order to address fundamental issues. She advises healthcare facilities about implementation strategies and benefits of bundled payment systems, which is a program that is gaining in popularity. She wrote about how the current payment models and the Affordable Care Act are affecting the patients’ ability to pay for medical care.

As a result of her deep experience she has been able to pinpoint the specific areas that are in need of attention, so that the transition can become easier. In her writing, Deirdre Baggot highlights a number of steps that healthcare administrators have to discuss, such as using patient data in order to identify areas of weakness, supporting changes with strong data analysis, and creating an atmosphere which encourages the patients to work with their provider in order to manage their healthcare.

Organizations that implemented the Bundled Payment program saw great results, and Baggot remained at the helm in order to fully complete the paperwork necessary for the transition. As organizations seek to make the transition, they employ her help and guidance in order to avoid pitfalls and make the most of the new system. Learn more: http://www.acc.org/latest-in-cardiology/articles/2016/06/10/11/12/business-consult

 

 

Whitney W. Herd, Founder, and CEO of Bumble.

Born in 1989 in Salt Lake City, Whitney Wolfe Herd is a renowned American entrepreneur, and at only twenty-nine years she almost made it to the 2018 list of most affluent entrepreneurial women by Forbes. According to Forbes, if business continues in the same direction for Bumble, it will not take long before she joins the list.

Whitney Wolfe went to Judge Memorial Catholic High School before joining Southern Methodist University where she majored in International Studies. At 22, she worked at Hatch Laboratories before partnering with her former lover Justin Mateen in 2012 to form Tinder, one of the forerunners in dating applications. Connect with Whitney Wolfe by visiting her linkedin account.

She, however, resigned in 2014, with accusations of sexual harassment against her partner who was later on suspended and Wolfe got not less than one million dollars in settlement fees.

In December 2014, Andrey Andreev, creator of Badoo, partnered with Whitney Wolfe and founded Bumble, a mobile dating application that has changed the game in online dating. When using the form, the lady makes the first move in the case of straight matches while in same-sex events either one can make the first move, all within twenty hours before the game disappears.


This is in a move by the company to try and level the ground for women when it comes to dating.

Bumble is growing at a quick rate with more than thirty-five million users, with its most significant competitor being Tinder. It is valued at one billion dollars with only four years of being in existence.

It recently launched Bumble BFF, that enables its users to make new friends when they move to a new place and Bumble Bizz, which allows you to grow your career by networking.

In 2017, OKCupid and Tinder proposed to buy Bumble for 450 million dollars while Match Group offered to buy it for more than one billion dollars. Both offers have so been turned down by Whitney Wolfe.

In the same year, the company was hacked and the employees’ photographs and phone numbers posted on a particular website called neo-Nazi. The FBI stepped in, but since then Whitney has been walking around with personal security.

Visit: https://www.vogue.com/article/bumble-founder-whitney-wolfe-michael-herd-positano-wedding

How Whitney Wolfe Herd Turns Adversity Into Opportunity

By creating a women’s empowerment dating app entrepreneur Whitney Wolfe Herd has completely changed how people date and work. In addition to being a dating app, Bumble was joined by Bumble Bizz in early 2018 which is a networking and mentoring extension. That same year saw over 29 million people using Bumble and the company’s valuation exceeding $1 billion. She says it hasn’t all been smooth selling but she’s happy with how things are turning out.

Whitney Wolfe Herd says that she chooses to use negative experiences to drive her forward rather than hold her back. She says that 2014 was especially challenging for her and she had a lot of adversity to overcome. She bounced back from the experience, though, determined to use the knowledge she gained to empower herself and other women. The result is Bumble which she has described as a “chicks make the first move app”. This proved to be a winning concept and not long after the app was available on the iTunes and Play Store it became very popular with both women and men. Related: Bumble Founder/CEO Whitney Wolfe Herd Joins Imagine Entertainment Board

She says that one of her biggest challenges has been overcoming her own gender stereotypes, something that gets ingrained in everyone by culture. Whitney Wolfe Herd said that she could see she was part of the problem herself because she was accepting really absurd gender norms with no real basis in reality. By gaining knowledge about how wrong all that was she was able to get back her confidence as well as her own sense of self-worth.

The success that Whitney Wolfe Herd has had with Bumble has led to her getting other new opportunities. One example of this is that she was offered a position on Imagine Entertainment’s board of directors which she accepted. The two chairman of this board are Ron Howard and Brian Grazer, two veterans of the entertainment industry. Brian Grazer said that she is a visionary and original thinker and she would make a great addition to the team. He said that they had been seeking someone who would bring a fresh perspective on things and Whitney Wolfe Herd fit the bill.

Read more: https://www.vanityfair.com/culture/2015/08/bumble-app-whitney-wolfe

 

GreenSky Credit and Skilled Executives

David Zalik has accomplished a lot in his field so far. His achievements began when he was still extremely youthful, too. He’s a mathematical genius who skipped high school studies in favor of higher education. He went to Auburn University. That’s where Tim Cook went, too. Cook happens to be the Chief Executive Officer at Apple. Zalik was merely 14 years in age when he enrolled at Auburn. He emulated his dad by majoring in math. He established a company on his own right after beginning college. This was called “MicroTech Information Systems.” This firm put computers together. It managed computer sales as well. Zalik now resides in Atlanta, Georgia. He’s in charge of yet another business that has done a lot. It’s known as GreenSky Credit. GreenSky is a Fintech firm that’s making waves all throughout the United States. It gathered a whopping $50 million in September of 2016. Zalik is in his forties right now. He’s a Chief Executive Officer and co-founder who has significant ownership of GreenSky Credit. He owns 50 percent of the business at the minimum. He’s classified as being a billionaire as well.

GreenSky Credit aims to strengthen commerce, credit and payment with the assistance of advanced technology. It strives to give all users sophisticated and streamlined journeys. GreenSky helps businesses of all kinds expand. It helps them give all of their customers happiness, too. The company collaborates with more than 12,000 merchants right now. It has given its time to approaching two million smiling customers. It’s handled more than 12 billion loans. Zalik has been the head of GreenSky since back in 2006. That’s the year the company came into existence in the first place. He’s enjoyed mentions in many famed publications in the United States. These include Forbes, BusinessWeek and even the Wall Street Journal. He’s married to a lady who is named Helen. They have three wondrous daughters, too.

The GreenSky Credit executive team includes various other key figures. It includes Chief Administrative Officer Gerry Benjamin, Chief Risk Officer Tim Kaliban, Chief Technology Officer Jerry Bartlett and Chief Legal Officer Steve Fox.

https://www.greenskycredit.com/

DR. MARK MCKENNA LAUNCHES OVME

Dr. Mark McKenna is a medical doctor hailing from Tulane Medical School. After graduating, he practiced medicine for five years in his father’s general practice. While in medical school, changes in the billing and reimbursement process affected his father adversely, and he realized that it would not be easy to make a lot of money as a medical doctor. Following this conclusion, he worked in prisons at night checking the prisoners and made $50 for every hour. He used his money to invest in real estate and continued investing even after graduating from medical school.

He built the real estate investment in New Orleans to over $4 million, but on the wake of the Katrina Hurricane, he lost his investment overnight. Following the hurricane, there were significant government subsidies where investors would buy flooded property very cheaply, renovate and later sell it. He was able to rebuild his investment. In 2007, Dr. Mark McKenna sold his real estate investment for $700,000 and moved to Atlanta alongside his girlfriend.

In 2018, Dr. McKenna opened a new medical aesthetic center in Atlanta. OVME pronounced as of me is a retail medical aesthetic that shall provide personalized services to its clients. It will provide skin and facial services such as injection with neurotoxins that gives one a youthful look. OVME will also offer dermal fillers that will make lips appear plumper and fuller, help clients with male baldness and loss of hair and introduce a new solution to weight management by analyzing the DNA of a client. Dr. Mark McKenna is committed to helping his patients look better and feel better about themselves. OVME will incorporate technology and move away from the ‘one size fits all’ concept.

https://www.forbes.com/sites/forbestreptalks/2017/07/11/want-a-botox-house-call-a-doctor-turned-entrepreneur-is-building-an-uber-style-app/#443eaea7e00a

Venture Capitalist Shervin Pishevar Predicts a Dire Future for the American Economy

Shervin Pishevar is not bullish on the American economy. In a recent “tweet storm,” the venture capitalist predicted an economic downturn in the near future, including a stock market crash and a loss of the nation’s supremacy in the field of technology.

In one of his most dire predictions, Shervin Pishevar believes that the American stock market could drop 6,000 points in a matter of months. Such a drop would erase the recent gains of the stock exchange, which topped 26,000 in January of this year, and represent a decline of around 20 percent in total market value. He further tweeted that the bond market will not necessarily be the place to invest if stocks fall. In another tweet, he predicted a collapse in the Bitcoin phenomenon, with the cryptocurrency later regaining its value.

With regard to the high-tech industry that has so long been dominated by the Silicon Valley, Shervin Pishevar expressed belief that this leadership will soon take a back seat to the rest of the world. He attributes this decline to the fact that technological developments can today be achieved almost anywhere.

In his a positive prediction, Shervin Pishevar believes that economic inflation is a thing of the past, with the increase of the cost in products having largely been transferred to other countries. He attributes the decline of American inflation to changes in trade arrangements. He also expressed hope that the world will eventually develop an economy that is “efficient” and operates in a “frictionless” manner.

Born in Iran, Shervin Pishevar came to the United States as a child and would later in his life play an important role in the creation of more than 60 companies. He was directly involved in the establishment of the venture capital firm Sherpa Capital. In four consecutive years, most recently in 2017, he was named to the Forbes Midas List of venture capitalists.

https://www.caaspeakers.com/shervin-pishevar/

Sahm Adrangi of Kerrisdale Capital Offers Negative Report on The St. Joe Company

Real estate companies have one of the great performers of the current bull market. However, one investment expert believes that a particular billion dollar real estate company is vastly overvalued. That investment expert, Sahm Adrangi of Kerrisdale Capital Management, recently issued a negative report on the real estate firm The St. Joe Company.

According to a negative report issued by Kerrisdale Capital, St. Joe are only worth a fraction of the current market valuation. Sahm Adrangi lays out a couple of factors leading to the negative report on the real estate firm. According to the report, the largest shareholder of St. Joe, Fairholme Fund, will be forced to sell some of their shares due to SEC liquidity rules. Second, one of the real estate firm’s biggest projects, Bay-Walton Sector Plan, remains stalled. Finally, recurring revenue from St. Joe’s commercial development is not materially contributing to the company’s bottom line.

The report from Kerrisdale Capital goes on to state that St. Joe does not appear able to develop its current land holdings in a way to justify the company’s $1 billion market valuation. Current shareholders, according to Sahm Adrangi’s negative report, have been waiting years for St. Joe to develop their land projects.

Given that St Joe is facing roadblocks to further development and the eventual force selling from the Fairholme Fund, Kerrisdale Capital believes that the real estate firm is worth 40% less than its current market valuation. In the report, Kerrisdale Capital revealed that they have a short position in St Joe and stand to gain financially if the company’s stock falls in value.

Sahm Adrangi is the founder and the Chief investment Officer of Kerrisdale Capital Management LLC. Since 2009, Kerrisdale Capital has grown from $1 million in assets under management (AUM) to over $150 million AUM. Prior to the founding of his own investment firm, Mr. Adrangi has been employed at Longacre Management, Chanin Capital Partners and Deutsche Bank. Mr Adrangi holds a Bachelor of Arts in Economics from Yale University.

The Success Story of Glen Wakeman in the Financial World.

Glen Wakeman has conquered the corporate sector with his innovativeness and broad approach when it comes to investments. For two decades, he was at the peak of his career as a top executive at General Electric (GE), a world-renowned corporation. Apart from his leadership role at GE, Glen has been lucky to hold other leadership roles in various companies. Today, he is a co-founder and the chief executive of LaunchPad holdings LLC.

 

Glen Wakeman is an alumnus of the University of Scranton from where he graduated in 1981 with a bachelor’s degree in Finance and economics. A decade later, Glen enrolled for a master’s degree at the University of Chicago. In 1993, he graduated with an MBA. Glen Wakeman’s experience as a student helped him develop a massive passion for entrepreneurship and the financial sector. The knowledge, love, and commitment he gained then have steered him into the successful business person he is today.

 

Immediately after his post-grad degree, Glen Wakeman was hired by General Electric where he would spend more than 20 years of his life. In these two decades, Glen traversed the world serving in several leadership positions and gaining a vast wealth of experience. Glen spent 15 years living and working in South America, Asia, and Europe where he oversaw different operations in technology, country management, general management, regional management, and business development.

 

Glen Wakeman has over the years believed in the power of startups. He has invested a vast wealth of his time and money in small ventures and has built conglomerates from the ground up. With his universal approach towards business, Glen has been able to reach the pinnacle of the ever-changing business environment. Glen’s unique approach to entrepreneurship has made him a mentor and a role model to young aspiring business persons who emulate to have a taste of his success. LaunchPad Holdings is committed to investing and inspiring young moguls and helping them reach their objectives.

 

LaunchPad Holdings as a toolkit offers its resources to groups or teams of entrepreneurs who need help in financial planning to ensure future rewards. Glen Wakeman uses his experience in the financial world to help young business persons navigate the ever challenging business world.

to read more about Glen Wakeman click the link below

https://patch.com/florida/miami/glen-wakeman-s-tips-stave-small-business-failure-miami

The rise and fall of Damac Owner, Hussain Sajwani

DAMAC Owner, Hussain Sajwani recently narrated how he grew his multi-billion empire from scratch. His company that is known as DAMAC Properties survived a tragic crash twice and managed to emerge among the top in the Arabian world. Currently, DAMAC Properties is ranked the fourth largest real estate company in the Middle East. DAMAC Properties, through the leadership of Hussain Sajwani, has developed some of the most iconic properties that include the Trump golf course, DAMAC Hill and many other properties in Saudi Arabia, Qatar, Jordan, U.K and several other countries.

 

During the interview with the journalists, Hussain Sajwani highlighted how he grew in a middle-income family where his father ran a Deira-based family shop. While he was young, his father, Ali Sajwani used to take him to the shop every day after school. During that time, Ali Sajwani, Hussain’s father even went to China to trade.

Now, Hussain Sajwani attributes part of his success to the lessons that he learned while he was growing up with his father. The invaluable lessons that his father taught him at a tender age have brought a lot of fortune to his plate. Currently, Hussain Sajwani is ranked the 10th richest Arab. His fortune stands at $3.7 billion. His company, DAMAC Properties was ranked the 4th largest public company in the Middle East in 2017.

 

Rising to the top

After staying with his father for a couple of years, Hussain Sajwani went to Baghdad for further studies. While in Baghdad, he landed an opportunity to go to the University of Washington to study Economic and Industrial Engineering.

While studying at the University of Washington, Hussain Sajwani was fascinated by the mega buildings in Washington. During the interview, Hussain notes that developments in his home country were a shadow of what was in Washington at the time.

 

When he finished his studies, he went back to his country where he decided to establish his first business. He established a catering venture known as Global Logistics Services that he owns to date. He established DAMAC Properties in 1996 and undertook the first project, which was five three-star hotels in Deira.

More on Hussain Sajwani: http://uae.argaam.com/article/articledetail/625283