Lauren Gensler’s recent article, “Handyman’s Helper: How GreenSky’s David Zalik Skipped High School on his Way to Becoming a Billionaire”, was published in Forbes. The article discusses the recent meteoric rise of the fintech lending company.
The financial technology company, GreenSky Credit, is a technological middleman between the banks and merchants to make loans to clients who need loans for home improvement, healthcare, or even solar.
GreenSky Credit has partnered with a variety of secured banks like SunTrust Banks and Regions Financial Corps. The financing is provided through institutions that are federally and state-chartered and federally insured. They have more than fourteen different partner banks since 2016.
The loans are made online or through the company’s app to a variety of customers. They have a network of nearly 12,000 merchants and retailers like The Home Depot, Inc. and individual contractors. They add the merchants who sell home improvement products like roofing, window replacement, furniture and aluminum siding. They are even expanding their network base to include medical procedures. They also have more than 1.7 million customers who have been satisfied with their services. Through their technology, they have loaned more than 12 billion dollars.
The intelligence of co-founder and CEO, David Zalik, reveal that the magic in the company takes place behind the scenes. Because the company has bank partners, they aren’t responsible for defaults on the loans. However, they are able to make a profit on both sides of the trade. Not only do the contractors pay GreenSky Credit an average of 6% of the loan amount, but the banks also pay a fee to use their services as well. The bank partners will pay nearly 1% of the balance each year.
In the same way that Airbnb has become the middleman of travel, GreenSky Credit has become the technological middleman of home improvement lending. Yet, they are beginning to expand into lending for medical treatments like plastic surgery or even braces.
The company is based in Atlanta, Georgia and has been valued at $3.6 billion. GreenSky Credit has raised more than $50 million in funding, placing the CEO and co-founder Zalik well within billionaire status.
Formed in the year two thousand and twelve, Talos Energy commenced as an independent oil and gas company. The firm’s expertise spans across the United States, Gulf of Mexico and offshore Mexico. Talos Energy deals with the production of hydrocarbons. The company was formed initially with a purpose of purchasing holdings in the Gulf of Mexico and Gulf Coast. This was the result of a collaboration with Riverstone Holdings and Apollo Global Management. Assets in the regions were acquired for the purpose of exploration of the surroundings and optimization. The firm also is into business development ventures. This includes utilization of 10.2 million acres of inventory used to polish transaction economics. Talos Energy’s expert management team has also shared a stake of the cake to equity-backed companies. In all instances, they have delivered impressive returns due to use of innovative techniques to develop top investment opportunities to investors. Not so long ago, Talos Energy made a very enticing discovery.
The company discovered a whopping two million barrels of oil. This discovery which was made in the shallow waters of the coast of Mexico. The discovery was the first of its kind since Mexico opened up its gas and oil fields for exploration by foreign companies. The exact location of this discovery was 37 miles from Puerto Dos Bocas at the steak of the Southern Coast of the Gulf of Mexico. The company’s president who also doubles up as its Chief Executive Officer, Mr. Tim Duncan said that the development of the discovery would take at least four years. This discovery has triggered further interest in research and exploration for more oil in the border of U.S.
This discovery has been a crucial turn around point for the struggling energy sector of Mexico. An analyst at Wood Mackenzie Research firm said that Zama is among the largest low water fields to be discovered in a span of over twenty years. The well has an initial depth of eleven thousand feet. According to experts, this discovery is just the perfect solution needed to lure Mexico’s needs to boost investments from all oil big pins in the industry.
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Many businessmen today are venturing into philanthropy. For most of them, it is an opportunity for positive PR and a tax break from the government. However, there are a few who venture into philanthropy because they genuinely empathize with others and want to help. There is a big difference between these two categories of businessmen; one does one or two philanthropic acts invites every reporter in town to write a story praising them for their goodness. The other just does good and doesn’t care if no one notices. Eric Lefkofsky is the later.
Eric Lefkofsky is the co-founder of Tempus technology company that has built an operating system to help fight cancer. He is also the founding partner of Lightbank and the co-founder of Groupon. Apart from being a successful entrepreneur, Lefkofsky is also an adjunct professor at the University of Chicago.
Instead of focusing on developing his career only, Lefkofsky set up a family foundation so that he can use his money, skills, and experience to benefit the community. His family’s foundation, Lefkofsky family foundation, supports projects in the field of medicine, education arts and human rights.
The Lefkofsky family foundation supports The American Brain Tumor Association (ABTA). This venture is especially close to their hearts since the co-founder of this non-profit was Liz Lefkofsky’s mother. The organization provides comprehensive resources that support the special needs of the brain tumor patients. They also fund research geared towards discovering treatment, better ways to care for brain tumor patients.
Eric Lefkofsky’s philanthropic ventures have touched the field of education as well. His foundation started the Teach For America Chicago (FTA) movement, high school bound and success bound. His aim in supporting these projects is to ensure that students receive quality education and their individual talents natured. With the Teach For America foundation alone, Lefkofsky’s foundation has managed to reach over 125,000 students in Chicago.
Lefkofsky does not channel all his philanthropic efforts into his family’s foundation. He also offers his expertise in several boards helping them to come up with more impactful projects. He is a trustee of Lurie Children’s Hospital of Chicago, World Business Chicago and the Institute of Arts. His reason for giving himself so freely is to use his expertise to help these institutions better their services to the people.
When asked, Lefkofsky says his inspiration to help people is the thought of him helping to make someone’s life better.
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Since global food processing giant the OSI Group hired David McDonald 30 years ago as a project manager, he has consistently made so many important, invaluable contributions to the company McDonald was regularly promoted until he was named president and COO of the company. To the people who knew David McDonald while he was a student at Iowa State University working on his bachelor’s degree in animal science, his success does not come as a surprise. Long known for his natural intelligence, unbridled interest in agriculture and biology and excellent work ethic, McDonald was voted the Wallace E. Barron Outstanding Senior.
David McDonald has continued to excel at the OSI Group. His ability to quickly and effectively resolve the infrastructure and technical issues the company has faced is legendary. McDonald’s unmatched skill at helping the company navigate government regulations, partner with local suppliers and create food choices specifically designed to suit the cultural tastes of each new section of their customer base has made him a star. It has also helped the OSI Group experience exponential growth. McDonald has helped the company get choice locations for their facilities and all the raw materials and workers they need they need to build them.
The role that David McDonald has played in the OSI Group’s development of lucrative partnerships and the adding of Baho Foods and Flagship Europe to the company’s list of acquisitions, has been nothing short of genius. McDonald says it’s the customers that inspire the OSI Group to be more innovative in creating the products and services necessary to meet their needs. The creativity of the company’s food development is in response to the challenge of cost-effectively producing particular menu segments to meet the culturally driven specific preferences of their customers. Efforts to meet those needs are some of the OSI Group’s best learning tools.
Even as David McDonald encourages the staff of OSI Group to remain flexible and innovative, he also demands highest quality in all their processes and products. For David McDonald and the OSI Group, cost-effective, creative food development must be combined with the optimal in worker, food and environmental safety practices. McDonald constantly challenges the staff to improve both the quality of their products and the effectiveness of their efforts by evaluating their mistakes and using them as teaching tools. These actions reflect some of the genius that David McDonald brings to his work.
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Peter Briger is a great leader and has a good personality that has placed him in a good position in the society. He is educated man, intelligent and has management skills. He was a student at Princeton University where he received his B.A. He also studied at Pennsylvania university, faculty of business where he got an M.B.A. He is the leader of the company by the name Fortress Investment Group, where he works as the Co-Chairman.
Peter Briger is also the head of the department of credit and the Real Estate Business of Fortress Investment Group. Since the year 2006, he has been the acting director making the company very successful. Apart from these roles, Peter Briger is a representative of Spearhead board that deals with the advisory matters of the company. His advisory skills are well recognized and have given him the privilege of acting as part of the advisory board of various organisations. He advises a hospital that deals with special surgery. As an advisor, he also plays a role as representative at the Linktone Ltd advisory board.
Fortress Investment Group is a company that is well developed. The company headquarters is in New York. Globally, it is leading to investment manager. The company was founded in the year 1998. It mainly deals with managing assets in place of other institutional clients and also the private investors over the whole world. The estimated number of the institutional clients is 1750.
Fortress Investment Group main aim is to satisfy their investors which will create a long-term relationship. The company does this by generating very effective risk-adjusted earnings for their investors. The company has many employees that deals with asset management. In the year 2017, the approximate number of employees was 953. However, the number of those employees was inclusive of the investment professionals that we approximately 216.
Peter Briger is proud alumni of Princeton University. According to him, this is an institution that made his dream of attaining first class a reality. He is among the people who support Princeton entrepreneurship. He has done this by inaugurating initial funding program for helping fresh alumni of the university to start up their own companies. According to him, the program of funding this project will be of great importance to the University. He says that it will create actual ties with the people who will become successive entrepreneurs. This will make them tend to help the others as well.
Employees who work with Fortress Investment Group said that the company is the best institutional to work. There are many testimonies from employees showing that the company is a good place to work. They say that however short time one can work with the company, you enjoy. Even after leaving the company, they keep communicating with their former directors, managers and Chief Executive Officers. People who go for the internship in the company learn a lot of skills. They are given a lot of responsibilities that help them even after their internship. The company challenges its employees to work smart. It also recognizes employees hard-work as well as their dedication.
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For Fortress Investment Group, social media has been a big part of their business plan. The company does what they can to connect with all their clients and that allows them to provide a high level of customer service. Since they know how to connect with customers, they have made valuable connections other companies are unable to make. Fortress Investment Group takes their time to create meaningful content, make a valuable connection with their customers, provide them excellent customer service and keep them coming back with incentives and other programs that will allow the customers to get something from the company.
The meaningful content on Fortress Investment Group’s social media accounts is a big part of their business. They know they need to show customers they are a great company and they have what it takes to show them what they are doing the right way. They also know how important it is to make their business relevant in the industry. If they can continue creating relevant content, they will continue to see major success in the industry. Their success is a direct result of the hard work they have put into running all their social media accounts.
A connection is one of the most important things in investments. Fortress Investment Group knows this and knows they have to connect with their customers on every level. They try to always show them they are going to be the same company for years to come and that’s how they can make valuable connection. Fortress also has an innate talent for learning about a customer’s needs and providing them with a solution. They pride themselves on their ability to find out what type of problems their customers are having and correcting them through the company methods they have put into place.
By providing a high level of customer service, Fortress Investment Group is showing customers the dedication they have to them. Not only does Fortress know how to treat their customers right but they also know how to give them all the best options for their investments. They have big plans for most of their customers. The things they do with customer service give them a chance to show off these plans. It also allows them the chance to help customers thrive in their own investments. By creating a thriving environment for all the customers, Fortress is giving them just what they need.
To keep customers coming back, Fortress Investment Group offers incentives and other programs. These incentives range from bonuses on positive investments to referral rewards. Customers love incentives and will continue to work with a company just so they can take advantage of incentives. Fortress knows this and tries to always make sure people are seeing the right way to do investments. They want their customers to understand the right type of investment and will continue providing them incentives for making all the right moves with the money they have chosen to invest through the Fortress Investment Group’s investing programs.
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If you’re a homeowner living in Illinois, you need a high quality construction company that you can trust. The problem with a lot of companies is that they’re just not trustworthy. You might be struggling to find a great company, but don’t know where to begin looking. One of the best companies in the state of Illinois is known as Aloha Construction. Aloha Construction is one of the best options for people who are trying to get home based work done without needing to spend a ton of money on what has to get finished.
The great thing about Aloha Construction is that they offer financing for individuals and families who just don’t have the money off the bat for the projects that need to be done. For example, if you need a new roof and just don’t have the money for it, the financing available through Aloha Construction is there to help you get the most out of this option and still have the roof installed by the pros. You will want to contact Aloha Construction to find out more about this specific option when choosing their company to see if you are qualified to get financing for your upcoming projects.
Aloha Construction offers a range of different services, from roofing to siding and everything else that you might need. Along with all of these services, they offer free home inspections for those who are in need of this type of work. The problem that a lot of people have is that they do not have the money to have their homes inspected, and so they forgo this incredibly important step in keeping the house safe. If you hire this company, they will send out their pros to ensure that you’re satisfied with the work being done and can get an inspection done when it is most convenient for you. Be sure to contact the pros and see if they are going to be able to help you as they have so many others since this is something that they have been doing for well over a decade for those living locally.
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