Adam Goldenberg’s entrepreneurial career started at the tender age of nineteen. Together with his friend and partner Don Ressler, they have started numerous ventures. Their most successful business up to date is JustFab which recently rebranded as TechStyle.
$85 million funding
JustFab received $85 million funding, planned to be used as capital. The amount has increased the firm’s capitalization significantly, hitting the quarter billion dollars mark. While confirming the deal on Vator.tv, Adam stated that the funding signified investors’ faith in his business. In the light of this great success, Adam did not rule out the probability of an IPO in the new future.
According to various reports on businessoffashion.com, this funding allegedly increased JustFab’s valuation to $1 billion. By reaching this mercurial Mark, JustFab has joined the elite league. The future is even more promising, as its subscriber numbers grow by the day.
JustFab success strategies
Adam Goldenberg attributed JustFab’s success to being data-centred. He encouraged other entrepreneurs to copy his firm’s obsession with statistics. Being a number maniac may help a great deal in the immediate noticing of problems. Additionally, Adam reiterated the importance of taking both good and bad statistics into account. He noted that if the whole team at the firm is aware of the wrong numbers, they will collectively come up with strategies that will keep the business in the game and ensure profitable returns.
Another reason for JustFab’s success is the acknowledgment of customer’s opinion. From the beginning, Adam’s firm made customer feedback their priority. He used an instance where clients were reluctant to pay certain amounts for particular products on cnbc.com, citing high prices as the reason. To avoid the recurrence of these happenings, JustFab created a team solely determined by hearing members out and using their opinion to offer them with unique, personalized services.
Contrary to other employers in the market, JustFab uses a rather unusual hiring mechanism. While other firms primarily concentrate on immaculate academic credentials, JustFab assesses the prospective employee’s zest to develop their brand. Adam stated that academic nerds without passion are not likely to flourish at JustFab. The firm has adopted “be passionate” as one of its mottos.
To enhance the productivity of their staff at http://www.crosscut.vc/adam-goldenberg, JustFab incorporates mentorship programs into their schedules. Adam added that while most executives spent extended periods of time trying to improve mediocre employees, his firm only develops elite performers, eliminating the necessity of keeping average workers.
For client retention purposes, JustFab independently designs and manufactures their products. Adam stressed that most enterprises lost customers due to getting their priorities wrong. Instead of focusing on developing quality products, the companies were concentrating on marketing strategies. This shift in focus may attract customers to the stores, but they end up buying nothing because the quality is compromised.
Anthony Petrello has been the CEO of Nabors Industries since 2012. He is also a member of the Texas Children’s Hospital Board of Trustees. Petrello is considered to be one of the most powerful men in the oil and gas industry. He has been in the industry for over 25 years and has held several key leadership positions. Anthony Petrello is also lauded for his philanthropic work in the medical community.
Anthony Petrello earned his B.S. and M.S. degrees in Mathematics from Yale University. In 2014, Petrello’s former college roommate, Lloyd Grove, gave an account of Petrello’s college personality in the Daily Beast. Grove describes him as a skinny scholarship kid from a working class family. He goes on to describe Petrello as a self deprecating extrovert with a great sense of humor. Grove concludes his article by describing Petrello as a “wicked-smart math whiz”.
After completing Harvard Law School, Petrello would go to work for the law firm Baker & McKenzie. He would specialize in international, arbitration, taxation and corporate law. Petrello would stay with Baker & Mckenzie for 12 years. He would resign five years after becoming managing partner to take an executive position with Nabors Industries.
Nabors Industries is a oil, natural gas and geothermal drilling contractor. They provide a myriad of services from providing offshore rigs to providing support services. They also make drilling drives and directional drilling systems. Anthony Petrello would serve as President and Chief Operating Officer from 1991 to 2011. In 2012 he would become Chief Executive Officer. Petrello has used smart strategic planning to drive the success of Nabors Industries. Anthony Petrello’s success can be best illustrated by him being awarded a $27 million compensation package in 2015.
Anthony Petrello has had his share of Adversity. His daughter, Carena, was diagnosed with periventricular Leukomalacia after experiencing a premature birth. As a result, Petrello has become proactive and has offered his services to Texas Children’s Hospital. Not only has he given almost $7 million to the cause but he serves on the hospital’s Board of Trustees.
When people first begin their careers, they envision growing professionally and getting promoted. However, being executives in top companies is usually not so clear cut to them. Especially, not if they were known to be the life of the party during their school days.
Anthony Petrello’s success story is no different. People who knew him well when he was in college can swear that he loved a good time. But they also don’t fail to point out that he was a math genius. That being the case, it was expected that he would have an easy time in the corporate industry but no one saw him being an executive of a top international company, coming.
Anthony Petrello, commonly known by his friends as Tony, serves as the CEO, president and chairman of Nabors. Subsequently he serves as a director of Hilcorp Energy Company and Stewart & Stevenson LLC. Tony has worked for Nabors since the year 1991. This was the same year he left Baker & McKenzie, where his career begin.
Tony graduated college in the year 1979. In that year, he acquired his master’s degree in Mathematics from the University of Yale. His master’s degree only added on to his already great education background, bearing in mind that he had acquired his Juris Doctor from the Harvard University School of Law. Having accomplished his education goals, he was set out to take over the corporate world.
His first job was at a multinational law firm. He was assigned to Baker & McKenzie’s New York branch. Some seven years later he was promoted to be a managing partner for this branch. In the year 1991, he decided to leave his decorated law career and join the energy production industry. Here his potential would be maximally tapped. Being a math’s geek and having such extensive knowledge in the legal industry, he was destined to make it in this industry. He started working as the Chief Operations Officer at Nabors. He didn’t know that one day he would lead the company and its subsidiary. He was admitted to the board of directors and was even elected as deputy chairman. Moving forward, he became chairman and CEO of the company and five years ago he was elected chairman of the board.
The CEO of ad agency Mullen Lowe says that smartphones are revolutionizing e-commerce and online sales. Jose Borghi says that proof of this is the fact that Uber is one of the strongest ranked brands in Brazil and Airbnb is rapidly climbing in terms of brand strength. Both Uber and Airbnb are online based platforms for taxi services and living accommodations. Uber takes advantage of on demand smart phone apps and Airbnb takes advantage of the internet to connect potential hosts with potential guests.
The Brazilian economy is in a recession right now but e-commerce continues to increase year after year points out Jose Borghi. Online sales increased over 15% in 2015 when compared to the previous year. It was worth around a $41 billion real (currency) market segment in the economy in 2015. By the end of 2016, forecasters project that e-commerce will rise by yet another 8%. The first quarter of 2016 saw more than 24 million online orders placed and revenue of almost $10 billion dollars.
An increase in online commerce despite a weakening economy has put traditional brick and mortar stores on notice continues Jose Borghi. E-commerce continues to rise because many online retailers offer lower prices, a vast product selection and all of this from the comfort of home without having to get up and go to a store. Smartphone applications also play a major role in the rise of e-commerce says the CEO of Brazilian ad agency Mullen Lowe formerly called Borghi Lowe. The apps allow people to purchase items faster and more conveniently straight from their phone even while on a train or park for example. In our world of looking for ways to do things faster and more conveniently, these smart phone apps are impacting the world e-commerce in a positive way by boosting sales.
Jose Borghi also states an interesting survey to purvey just how big a role smartphones now play in online commerce. A study done by Criteo in 2015 found that sales of items through smartphones and tablets now make up more than 50% of all online sales. After the fashion and clothing industry the travel industry is the most widely impacted industry by smartphones and online commerce. All retailers should realize this trend and adapt or miss out on a major market segment summarizes Jose Borghi of Mullen Lowe.
Doe Deere is the Founder and CEO of the cosmetics company Lime Crime. She was born in Russia. Then moved to the United States and was raised in New York. Doe feels makeup has more to it than just hiding imperfections, but rather should be used as a form of self-expression. She wanted makeup to be a feeling of what feels right in the moment, not just natural and self-enhancing. She decided to launch her own cosmetics company in 2008 that focused on allowing individuals to express themselves freely and openly.
The result of this was Lime Crime, a line of intensely pigmented, bold color, and vibrant makeup line. All of the products in the line are cruelty free and not tested on animals. The name for the company is a combination of her favorite color and to create makeup that was so outrageous it would break the law.
Her journey has made her an advocate and supporter of women owned businesses. She has spoken at many events about finding your own voice and following your passion and dreams. She also mentors many young women would have ambitions in business and she encourages all to ask for her advice on Instagram.
The idea for Lime Crime was inspired by the fact that Deere had a difficult time finding bright and color makeup to match the clothing she was designing in her clothing line. So she decided to make her own and eventually launched the makeup line. She is very hands on with her makeup line. She is involved with every step of development with all of her products. Deere also tests out every new makeup product before it goes to production.
Deere feels that trusting your gut and starting early are the keys to success for any woman wanted to have her own business. Also it is important to treat your employees and people around you with kindness and respect. She also continually donates to charitable causes which keeps her grounded. She feels educating yourself and knowing your brand are keys to success in the business world. Her husband Mark is one of her biggest influences.
Wearable technology has become one of the most significant advancements in both the technology and fashion industries. Today, many people wear a range of technology including watches, glasses, and other accessories. While these gadgets are already popular, it is likely to become only more popular in the coming years.
One way that technology is going to meet fashion is when it comes to active wear. For those that like to ride a bike, it can seem unfashionable to wear a helmet and other pads, even when they are helpful for safety purposes. In the coming years, it is likely that some advancements in technology will make safety features on the bike and on the rider even more discrete than before. A developer is currently working on a neckwear that a biker would wear while riding. When an accident occurs, this will act as an airbag and will work by protecting both the neck and head.
Those that work as firefighters, wearable technology could also become very helpful and help search and rescue team members save lives. The technology that is being proposed is an advanced glove technology that will come full equipped with a GPS, communication ability, and other components that will help firefighters find each other while on a search and rescue mission.
Technology is also being used to recycle old items into clothing. One company has been collecting and recycling bicycle inner tubes and have found a way to convert the items into clothing. The developer is also looking to expand their search in an attempt to recycle other items into clothes.
One of the leaders in the fashion and technology industry is Chris Burch, who is the president and owner of Burch Creative Capital. His company is a venture capital firm that specializes in providing capital to small businesses that are looking to grow. His investment strategy often focuses on tech companies that are working on an idea or project to help make the world a better place.
Kenneth Goodgame is a famous and highly influential principle executive. He was worked with multiple organizations in the past and is currently based in the United States. His primary objective has been to create winning business strategies, which always lead to success of institutions. Because he has worked in the industry for many years, he has gained the skills and knowledge needed to handled complex challenges in his line of work.
Goodgame has always ensured that the institutions he works with get a right balance in employee engagement, corporate alignment, quality assurance and formulating effective programs. He strives to make programs that improve profitability and performance of those companies. His extensive experience has made him a veteran when it comes to formulating effective marketing tricks. The kind of experience he has acquired has saved organizations from making mistakes that could otherwise be costly.
Kenneth Goodgame is popularly known for his success at the True Value Hardware Corporation where he worked since 2013. The institution is located in Chicago, and he has been serving as the principal executive, the Senior Vice President, and the Chief Merchandising personnel. Kenneth Goodgame’s success is attributed to his solid education background. He earned a Bachelor’s Degree in marketing from the University of Tennessee.
While Mr. Goodgame’s success has been highly experienced in the recent past years, his early years with several companies were successful but went unnoticed. Take for instance in 1999 where he was Director of Propriety Brands; he completed the company’s first nationwide agreement with John Deere. The business step was highly instrumental for the company as it led to further product launches. It helped the company achieve most of its goals.
Mr. Goodgame has contributed to other successful ventures in Rubber Maid and Home Depot. He also worked for Ace Hardware and introduced successful programs. He later joined True Value Company where he is the Principal Executive. The kind of success experienced by Kenneth Goodgame speaks of nothing but hard work and dedication. He is also highly educated, having schooled in the best institutions in the country. He has worked with the best companies, giving him a substantial experience.
It isn’t often that you see a real estate developer committed to philanthropic projects, but if you do it’s most likely Jason Halpern. His work with the Joel A. Halpern Trauma Center in West Chester, New York. The passion for him here is in helping individuals that have traumatic injuries as well as difficult surgical procedures. Halpern has long been an advocate of charitable endeavors within his community. While he supports charitable causes, he felt that his own endeavors would be a more appropriate way to show kindness.
The trauma center is equipped to offer open-heart surgery, neurosurgery and other intricate medical procedures related to neurosurgery. Orthopedic surgery is also a common surgical procedure at the trauma center which includes the re-attachment of severed limbs. Burn victims require special treatment, and the Halpern trauma center offers help and treatment for these burn victims in the West Chester area. Anyone with life-threatening injuries, as well as women that may be pregnant and children that need care are also welcome to the trauma center to get the help they need.
JMH Development is now focused on funneling much of the efforts to support charities through the company to help others. This also includes a partnership that Halpern worked on building with a non-profit known as Global Water. This charity is specifically connected to JMH Development, and the partnership was sealed in 2015. The water projects that he plans to fund are in countries where clean or running water is not readily available. Countries like Nepal and Ethiopia have struggled to get the water they need when they need it for their communities. Now that has changed with the global water initiative.
Real Estate development has always been Halpern’s passion, but within that he has used his passion to help others selflessly. His continued efforts on development in some of the most desirable cities won’t change, but that doesn’t mean that he has forgotten who needs help and how he can make a contribution. Halpern’s projects are a great model for any business person that wants to contribute to society in the most basic of ways to the most intricate of ways. This is why JMH Development is one of the most successful companies in the country today.
Daniel de la Vega, Aviv Siso, Laura Garcia, Louis Buckworth, Jason Halpern, & Thomas Juul-Hansen
It has often been said that experience is the best teacher in life. It really prepares people for whatever life might throw at them. They are ready, willing, and able to take on any challenge that is going to be put on their plate. It shows how mentally strong someone is and how mentally prepared they are to handle it. They have to come out of the gate hot and they have come ready to do the job. That is John Goullet and always has been John Goullet. He truly takes this with the utmost level of seriousness. It means something to him and when it means something to him, people know it is important.
When Diversant put him on as a member of their leadership and advisory board as well as being the principal executive, they knew that John Goullet would be able to find those diamonds in the rough. He would get them ready for the world of Fortune 500 companies and make sure that nothing was going to throw them off. It was almost as if they were like his children. He wanted them to be prepared for anything and everything. Again, it shows someone’s character in times of trials and tribulations. Everyone can be happy when things are going well and there are no problems, whatsoever. However, how does someone handle the tough times? Do they rise above them? Do they throw in the towel?
That is what John Goullet is looking for when he is setting up IT professionals with Fortune 500 companies. He wants to know what they have in their heart and in their soul. John Goullet has worked with Fortune 500 companies when he ran Info Technologies. He knew what they were looking for in terms of solutions as that is what was put on his plate.
Now, he knows what they are looking for in terms of IT professionals. While others might miss the big picture or not get it. John Goullet gets it and it does not get pass him. His eye is on always on the end game while staying in the moment.
With the continuing turmoil in the struggling global economy, it is important for people to keep investments diversified. Traditional stocks, bonds, and mutual funds are more volatile than ever. Therefore, many people are looking at real estate as a way to change their investment strategy. Many factors make real estate a unique investment. Real estate tends to appreciate in value instead of depreciating. Real estate also provides a large cash flow. Unfortunately, it can be a challenge to find a solid market to invest in. Everyone knows location is the most important factor in real estate; however, some of the lesser known issues can be difficult to overcome.
That is where David Osio has changed the market. The Davos Real Estate Group has partnered with the leaders in the information technology industry to develop the Davos CAP Calculator. This is an application that enables prospective real estate investors to quickly calculate important factors in a potential real estate investment. These include net income, cash flow, and capitalization rate. Real estate investment requires a large principal that can worry many potential investors. With this tool, many of the uncertainties will disappear. This application is only the latest in a long series of products the Davos Real Estate Group has provided to investors.
David Osio is the CEO and founder of the Davos Financial Advisory Group. Under his guidance, the Davos Financial Advisory Group has grown to unprecedented heights. The company has also expanded across international borders with offices in New York, Panama City, and Geneva. This makes the Davos Financial Group a leader in both the domestic and international real estate markets.
Furthermore, David Osio is on a mission to make a difference in the world with philanthropic efforts. He has made a significant impact in the art, music, medical research, and infrastructure of communities around the world. He has been in constant negotiations with charities around the world for decades. The capital he provides keeps these organizations functioning in their communities. For example, he has provided funding for the Miami Symphony Orchestra. This group was in a dire need of funding to provide the unparalleled concerts enjoyed by thousands in the Miami area. Furthermore, Osio also supports the Children’s Orthopedic Foundation. This group makes sure that children with traumatic injuries from sports and accidents have the care necessary to return to their everyday lives. Osio serves as a shining example of a business leader bringing positive change to the world.