Company Success

Adam Goldenberg Made The Billionaire Club With JustFab

Adam Goldenberg never seems to stop taking ideas to the next level and building businesses that perform exceptionally. His latest achievement has been building JustFab, a high-end fashion retail company into a billion-dollar business. It’s never really become a “look at me” moment for Adam Goldenberg whose motivation in starting this business has always been customers first. But he certainly does consider it a milestone for him, his partner Don Ressler, and the many employees who have worked hard to make it happen. Adam Goldenberg’s company has taken advantage of online shopping and decided to implement a subscription model for their customers, though they do also have physical store locations where customers can still try on fashion pieces.

Adam Goldenberg got into the marketing profession all the way back when he was in high school in the mid 1990s. Goldenberg first built a company called Gamer’s Alliance, a website that pointed people to websites that had the latest hot games. This company was bought out by a soon to be social media parent company, Intermix Media and Goldenberg was hired to be their strategic development director. But his ambitions took him a lot further than that, and soon he became the company’s chief operating officer at only 20 years old. While at Intermix Media, he met Don Ressler who he teamed up with to form several subsidiaries at Intermix Media. The key company they formed was Alena Media, one of MySpace’s chief advertising engines.

Read more:
TechStyle CEO Adam Goldenberg Talking Name Change on CNBC
JustFab’s CEO on what it’s like to be a unicorn

Goldenberg and Ressler left Intermix Media in 2005 after News Corp bought it out, and together with some other former employees they began running some of their own advertising companies. The area they focused on was health and beauty products, most of which were distributed under Intelligent Beauty. But Adam Adam Goldenberg wanted to do even more with their businesses, and one idea they came up with was to build an online fashion company that would tap into the millennial shopper customer base. This was the start of JustFab, and it was given a large amount of venture capital funding from Matrix Partners, Crosscut Ventures, and Passport Capital as it grew. Goldenberg and Ressler also teamed up with some of fashion’s biggest stars including model Kimora Lee Simmons, and actress Kate Hudson. JustFab started out as primarily a women’s outlet, but it’s now bought men’s and children’s divisions, as well as its own shoe stores now.

Follow Fabletics On: www.fabletics.com

Focus on 8 Important Rules for Young Entrepreneurs based in Panama

Adrián José Velasquez Figueroa, is an entrepreneur who has managed to achieve quite a huge success by the age of 25 in Panama. He feels obliged to share the simple 8 rules he followed to young entrepreneurs based in Panama who could be looking for tips to start and run successful ventures. Jose grew up in Venezuela and never visited panama back then until he attained adulthood. He became a firm believer in becoming his own boss after he left school.

Adrián José Velasquez Figueroa claims that he is proud to be related to a generation that is full of confident, tech-savvy and risk-taking diplomats, travelers and entrepreneurs who live and also work in Panama. Jose and the other successful individuals are hardworking and have been able to set up their successful ventures which rely mostly on new tech-gadgets and hi speed internet. The group is creative, loves the high life as it drinks imported beer. Jose and his peers are the pioneer entrepreneurs to discover the amazing business opportunities that Panama has to offer on webs.com. The slowing down of Venezuelan economy has seen a number of Venezuelan entrepreneurs especially the young ones flock to Panama to break ground with their novel and inventive business ideas. Panama has an environment that is great for learning and pays crafty risk takers handsomely. Below are some of the great 8 rules that every young entrepreneur ought to consider.

Entrepreneurs on tumblr.com ought to find a certain market niche and exploit it fully as that is what sets them apart from normal business persons. They should be mobile and flexible with the best businesses being online-based since Panama has a high-speed internet allowing an entrepreneur to run their businesses from anywhere. It is vital to network and find a business partner who is complimentary. Academic success does not determine success in Panama. It is also important for entrepreneurs to look into great ways of minimizing costs, avoiding shortcuts, plan for failure and be ready to learn from the industry itself. Getting advice from the industry is as important as paid education.

About Jose Velasquez Figueroa
Adrián José Velasquez Figueroa is a professional executive who originated from Venezuela. He is the current holder of three dissimilar positions; director, president and treasurer in five companies based in Panama. The longest period of time such an appointment has lasted is four years and 8 months. He was first appointed in the winter of the year 2011. He is a prominent member of Panama’s business community who assists businesses to grow, improves economic conditions and mentors young leaders.

Further Reading: https://www.crunchbase.com/person/adri%C3%A1n-jos%C3%A9-velasquez-figueroa#/entity

Don Ressler, Businessman Extraordinaire

At times it seems like everything Don Ressler touches turns to gold. Along with his business partner, Adam Goldenberg, he has been a part of several highly successful and innovative ventures. The two were some of the first to see the potential in e-commerce for apparel and accessories. As a co-CEO of both JustFab and Fabletics, Don Ressler is a huge presence in the e-commerce category.

JustFab is a highly successful venture. Named as one of Forbes Magazine’s unicorn companies, JustFab has over 35 million subscribers around the world. With a focus on women’s goods when it started, the company has expanded to serve men, as well. And this level of expansion is not unusual for a company Don Ressler and Goldenberg are involved in.

Ressler and Goldenberg’s most famous venture may be their time at Intermix Media. The parent company of the one-time dominant social network MySpace, the company was sold to News Corp. for over $600 million. Ressler has also had a hand in the founding of Brand Ideas, Alena Media, and other companies. He started the skincare brand Hydroderm. Over the duration of his career, Don Ressler has consistently broken new ground and driven sales.

Ressler’s experience as an entrepreneur has resulted in over $1 billion in sales over the course of his career. His is a truly unique success story. Whether it’s traditional media, social media, health and beauty, or apparel, no category intimidates him. He finds a knowledgeable partner, learns, and succeeds. This ability to see opportunity and seize it serves his business ventures well.

Along with his business partner, Adam Goldenberg, he has been able to create a highly successful corporation in JustFab. Ressler and Goldberg saw the opportunity for e-sales of apparel and accessories early. While many businesspeople were still shaking their heads and insisting consumers would want to try goods on in the store, Ressler and Goldenberg have helped revolutionize commerce at http://www.forbes.com/sites/tomiogeron/2011/09/21/former-intermix-coo-raises-33m-for-fashion-brand-justfabulous/#e8463767e63f.

As shoppers continue to move away from brick and mortar stores, it seems more growth for JustFab and Fabletics is inevitable. With Don Ressler continuing to mint unicorn after unicorn, the future of business looks bright. It will be intriguing to see what he comes up with next.

The Importance of Securus Technologies

Securus Technologies, is one of the leading providers with the civil and criminal justice technology solutions towards investigations, public safety, corrections and monitoring, and has been reported by PR Newswire that there is to be a release of multiple reports, facts, articles and findings that highlight the wrongdoings and integrity that is breached by the inmate communications that are provided through Global Tel Link. In the press release it represented the first in a series of articles that the Securus America will publish the highlighted the integrity breaches and wrongdoings by Global Tel Link. To this end, Securus will be in the process of reviewing multiple issues of the potential wrongdoings and systematic wrongdoings by the Global Tel Link, in a series of press release that will come over the next six months, that will serve the purpose of shaming Global Tel Link into acting with a higher and better integrity. The first press release included a 17-page formal order by the Louisiana Public Service Commission, that was in regards to the Global Tel Link actions that they served to the Louisiana Department of Corrections and have been provided to outbound telecom services to thousands of the inmates.
Securus Technologies headquarters is out of Dallas, Texas, and has served more than 3,450 law enforcement, public safety and corrections agencies and have provided services to more than 1,200,000 inmates all over North America. Securus Technologies has been committed to connect and serve by providing incident management, emergency response, investigation, public information, biometric analysis, information management, communication, monitoring products, inmate self-service and services that will allow our world to become a safer place to live in. There are thousands of law enforcement, public safety, and corrections agencies that rely on Securus for simple, secure and powerful technologies that are easy to use and always accessible. Securus Technologies has also been named by BBB.org as one of the largest providers in parolee tracking, detainee communications, and government information management solutions.

Related article: http://www.prnewswire.com/news-releases/securus-presents-to-over-400-prisonjail-customers-since-grand-opening-of-technology-center-300260314.html

 

 

Stephen Murray: The Ex-CCMP CEO and President

A LinkedIn post, confirmed that Stephen P. Murray is an American who was born on 2nd August 1962.He spent his childhood at New York surburb in the Westchester County. Murray was the brain behind the founding of CCMP. He was the chief executive officer and the president until his resignation early February 2015 due what he termed as health reasons. CCMP was founded in 2006 after it split from JP Morgan Chase & company. This move was necessary in the sense that it was meant to avoid unnecessary conflicts with banks clients resulting from the association of CCMP and JP Morgan Chase & company.

Stephen Murray passed on a month after he resigned from CCMP. He died aged 52 years. He left behind a widow called Tami A. Murray and four sons. Until his demise Murray and his family resided in Stamford, Connecticut.

Stephen Murray joined Boston College where he graduated in the year 1984 with a bachelor’s degree in Economics. Subsequently he furthered his studies by joining Columbia Business School and pursued a master’s degree in Business Administration graduating in the year 1989.

CCMP having been founded in 2006, subsequently in the following year Stehpen Murray was appointed the head of the company. In his tenure at the company he was a respected Investor and a real deal maker. CCMP is a private equity investment firm based in New York (read more at Fortune). The company specializes in quite a number of fields but majorly in mid-markets buyouts together with investments in growth equity.

Murray oversaw the growth of the company which in the year 2015 had raised funds amounting to $3.6 billion. CCMP undertakes investments that range between $100 million to $500 million per transaction making it among the top private investors in the United States and Europe.

Stephen Murray joined the firm in the year 1989 and has since been with the company as it underwent a lot of transformations that subsequently resulted into the formation of CCMP. Investments that CCMP prides itself include the field of energy, industrial, healthcare and consumer products among many others.

Mr. Stephen Murray entry into the firm was when it was still a private equity and leveraged- finance unit of manufactures known as Hanover. As a result of three subsequent mergers the name was changed to JP Morgan Chase & company in the year 2000. In 2005 Murray was made the head of the bank’s buyout business the position he held until CCMP spun out of JP. Morgan and become an independent firm.

The Ranch Bellamy’s and Brian Bonar, a recipe for success

Before we talk about Brian Bonar’s luxury restaurant Bellamy in San Diego, let’s take a glance at who Brian Bonar is.
He is a successful finance executive who leads Trucept, Inc. and has also had leadership positions in other companies like Dalrada Financial Corporation. This man knows how to build a business structure that works thanks to his extensive technical background. He holds a Bachelor’s Degree from James Watt Technical College for Technical Engineering. He also has a Masters in Mechanical Engineering from Stafford University.

San Diego Magazine has it that Brian Bonar also worked for IBM at one time as a procurement manager and after was the Director of Engineering for QMS where he was over 100 other people. He was also a sales manager at Adaptec. Later he started his own business (Bezier Systems). After that he continued to work for other companies and found success with Dalrada Financial Services. Brian was awarded the Who’s Who in America in the year 2,000. As far as personal likes he plays golf, goes on boating trips and loves to spend time with the family.

When Scottish entrepreneur Brian Bonar decided to build a restaurant in North County, it was a bistro, Bellamy’s. It had once been called Tango, where they unsuccessfully tried to bring progressive dining to Escondido. It was renamed Bellamy’s, and Bonar looked for the new staff at one of his favorite restaurantsÑEl Bizcocho in the Rancho Bernardo Inn. Bonar wanting to create a restaurant mini-empire also has the nearby Ranch at Bandy Canyon where he plans to turn the 144-acre property into a four-star event space with a signature restaurant. This is where Chef Ponsaty comes into the picture. A Master Chef of France in Escondido!

Well known Chef Patrick Ponsaty hopes to transform The Ranch at Bandy Canyon into a fine dining destination. Meanwhile while The Ranch takes form at Bellamy’s a master chef is already cooking in this hole in the wall. There is redesigning in the works very soon at this plain dining room, but the menu is another thing all together. Local mushrooms and sea scallops in a truffle scented Carpaccio; beet sorbet with filaments of watercress and goat cheese; duck sauvage, wild boar and Spanish hare; bacon-wrapped monkfish with morels cherry-spiked g‰teau Basque and tender canelŽs from Bordeaux on the dessert menu. When asked to describe his style of cuisine Ponsaty simply replies with a laugh French.

Brian Bonar’s stepdaughter Gianina Pickens has the reins of Bellamys while chef Ponsaty finally gets what he has desired for his whole career, Freedom. Brian was a fan of Ponsaty for some time already and now they work together to bring us more ambrosia. Ponsaty is a collaborator of Bellamy’s, now The Ranch and a pizza place The Italian Next Door.

With this fantastic combination of proper management, finances and gastronomic delights Bellamys has the recipe for success!

Source: http://www.whitepages.com/name/Brian-Bonar

Ricardo Guimarães Has Moved Banco BMG Into the Future

He is Flavio Pentagma Guimarães’ son, with the cajones to grow the family banking business in daring and innovative ways, the same way his father built wealth with investments in agriculture when he started Land Credit Bank nearly a century ago, in 1930. Born into a wealthy family, though Ricardo Guimarães is grandson of the renowned Antônio Mourão Guimarães, he still worked diligently to make his own brilliant mark and grow Banco BMG into one of the biggest banks in South America.

In 1998, Ricardo Guimarães took the bank in a new direction with consigned credit monitoring. It was a risk that turned into a triumph leading the bank to become the National Loans leader in Brazil. His family’s involvement in the financial sector stretch back through decade after decade of change, which in the last 20 years Mr. Guimarães has navigated with honors. When local business people need guidance in the best types and amounts of investments, they turn to Banco BMG to receive expert, experienced, and most importantly, advice with integrity. Mr. Guimarães has become famous for his business acumen and long sight for the need to both create and accept innovations in every sector of every market.

Banco BMG operates at peak efficiency with professional consultants distributed throughout the country. The primary focus is low interest credit for clients that are low risks to default. The risk paid off for his bank and for the whole industry. Read more about the life of Ricardo Guimarães.

Another big play for Ricardo Guimarães has been in offering various soccer teams and specific athletes special support. In fact, the biggest sports sponsor company in Brazil is Banco BMG. It shows in the bright beautiful “BMG” lettering on the club uniforms of the team he owns and manages: Clube Atlético Mineiro. Mr. Guimarães has made it clear that the bank is not partial to any particular team’s players, but actually support all the players who they see as most important in coming seasons. Sometimes the bank supports players from rival teams. It is all for the love of sport that Mr. Guimarães spends so much on his favorite sport.

CCMP Capital – Successful Private Equity Investment Firm

Stephen Murray CCMP Capital is a successful private equity firm that is globally known. They specialize in buyout and growth equity transactions and have invested over $16 billion. Since 1984 they have been conducting business and focusing on four different areas of expertise. Those targeted areas are consumer/retail, industrial, healthcare and chemical/energy type of businesses. They are known for the expertise in the industry as well as their operating resources, which is where their strengths hold steady. CCMP Capital, and it’s team of executives exhibits exceptional strength, expertise and their reputation is impeccable as they have been labeled as a world-class investment partner in the industry of investments.

Stephen Murray was president and the chief executive officer of CCMP Capital. He was responsible for overseeing the day to day structures and business transactions, and brought many years of experience to the industry. He attended Boston College and graduated with his degree in economics. After received his Bachelor’s degree, he decided to get his Master’s degree in business administration. He graduated with his Bachelor’s in 1984 and his Master’s in 1989. His career in the financial investment companies began in 1984 when he started working for Manufacturers Hanover Corporation in their credit analysts training program. He then joined MH Equity Corporation in 1989. The two Corporations then joined together until Chemical Bank purchased Manufacturers Hanovers in 1991. At that point, MH Equity was combined with Chase Manhattan Corporation in 1996. Chemical Venture Partners eventually became Chase Capital Partners and in 2005 Murray became head over the business and they eventually combined into JP Morgan Partners. CCMP Capital is a spin-off of JP Morgan Chase. Murray co-founded CCMP Capital and was named the CEO in 2007.

Murray also was part of the board of some of the most major companies such as Aramark, Generac Power Systems, AMC Entertainment, The Vitamin Shoppe, Cabela’s and Pinnacle Foods are just to name a few. He was a private investment equity investor as well as a philanthropist at heart. He was part of the Make A Wish Foundation and participated at Boston College as well as the Food Bank. He continued to be part of the board of trustees at the Boston College. Murray sadly passed away in March of 2015. He will be remembered for his hard work and efforts that were portrayed with the success of CCMP Capital.

CCMP stands to reflect the history of how it was created. It stands for Chemical Ventures, Chase Capital, Manufacturers Hanover Capital/J.P. Morgan and Partners. CCMP announced that they would act as an independent firm in 20016 and they take pride and ownership in their executive team of experts who know the industry very well and understand how to effectively execute financial decisions.