Craft beer is becoming increasingly popular among millennials, which is why the industry has been seeing a substantial increase in the past few years. Adults in this age bracket tend to go for this kind of beer over the mass produced brand names, which is why it has become such a profitable sector. Capitalizing on this is Eli Gershkovitch, the CEO, and founder of Steamworks Brewery. Eli Gershkovitch is a rather unconventional businessman who believes in only doing what he loves. A Calm and laid back person by nature, Eli Gershkovitch is unlike most CEOs of companies that one would come across. Even so, he is remarkably level headed and works with a good plan of action in mind, which is what helped him build Steamworks to be the big name that it is today.
When it comes to the company that Eli Gershkovitch built, it believes in fulfilling the demand that the people have. With the growing demand for craft beer, Eli Gershkovitch has managed to enter the market and capitalize on it. Using traditional as well as new and innovative business models, the company has grown tremendously to be one of the biggest in the industry, making Eli Gershkovitch a name to be remembered. To keep its customers coming to them time and again, Eli Gershkovitch wanted to offer them beer that was not too expensive but still met with the high-quality standards that he had for it (https://gazetteday.com/2017/08/eli-gershkovitch-steamworks/). Since the inception of the company, Steamworks has constantly had to adapt to the new trends in the market, and the ever changing demand of the people, meeting their requirements and preferences every time. This has helped them distinguish themselves from the competition and has given them a competitive edge over the others.
Eli Gershkovitch has always believed in making his passions a working reality, which is what Steamworks truly is. Having a love for finely crafted beer, Eli Gershkovitch translated that into a business idea like no other. He is the only person that owns the company and does not believe in giving it out to shareholders, no matter how big it becomes.
Glen Wakeman has filled many roles in his career including CEO, the owner of a small business, board member, an executive in financial services, a mentor, and an investor. His experience spans 21 years at GE in management, P&L, and business development. He is driven by his passion to build and improve businesses and increase individual performances. He believes leadership, execution, governance, risk management, and human capital make this possible.
Glen Wakeman’s career led him to found LaunchPad Holdings where he serves as the businesses CEO. He provides a software service that is fully automated and designed to help early stage entrepreneurs plan for their businesses. The software helps them develop a workable plan and accelerated growth. The company supplies invaluable suggestions and tips to guide entrepreneurs into the formulation of their companies and provides an ecosystem of advisors and providers of capital.
During his successful career, he created a business accelerator he called Nova Four. This enabled him to provide developing companies with access to capital and strategically designed advice. He gained valuable experience as the CEO for the Doral Financial Corporation and transformed their operations. They became a successful community bank and this led to him being honored with awards for his leadership and dedication.
Glen Wakeman worked for GE Capital for more than twenty years prior to his time with the Doral Financial Corporation. He was involved with a wide variety of departments and his service was invaluable to the company. In his role of CEO for GE Money Latin America, he was responsible for the start up of an operation consisting of nine countries. Due to his strategies and skills, their assets soon exceeded $12 billion (BusinessWire). Glen Wakeman accelerated his career by leading the operations in thirty countries while living in six of these countries. He is an inspiring role model and leader.
Prior to beginning his career, Glen Wakeman received an excellent education (https://ideamensch.com/glen-wakeman/). He attended the University of Chicago where his studies earned him an MBA. His education continued at the University of Scranton and when he graduated he possessed a BS in Economics and Finance.
Louis R. Chenevert is a former CEO of the United Technologies Corporation. He currently serves as an exclusive advisor at Goldman Sachs. He is originally from Canada, and has spent much of his career in manufacturing. Prior to his position at United Technologies Corporation, he served as the President of Pratt & Whitney Corporation, the company which manufactures aircraft engines. United Technologies Corporation is a large conglomerate which manufactures jet engines in addition to operating Otis, the company which makes elevators and escalators. Sikorsky, the helicopter manufacturer, is another division within UTC. UTC makes products aimed specifically for building technology and aerospace, and combines many of their business units together to ensure that the company is able to operate as efficiently as possible.
The company has done many very unique things throughout Mr. Chenevert’s tenure at United Technologies. By moving engineers to Connecticut from other lower-cost destinations, the company was able to focus on serving key defense markets. This was seen as being a very controversial move in the age of globalization.
One area which United Technologies excels in is in timing to the business cycle. They are also easily able to switch between manufacturing for defense and consumer products. During times of war, demand for defense jet engines increases while demand for civilian jet engines decreases. The switch between the two types of engines ensures that the company is able to be innovative and stay afloat. Boom and bust cycles occur, and this switch over represents United Technologies’ response to that cycle to prevent a major bust.
The company has also managed to give up some gains in the present for expected future gains. The goal is long-term gains in profit in supporting the products which they already make. The company continues to service their products, whether they are elevators or any other technologically-advanced product. This ensures a relatively stable income for the company, even as some aspects of their production might phase out over time.
Growing up between Queensland, Victoria and New South Wales, Mark Hutchinson’s earliest memories of the wilderness are holidays spent on farms and long dusty tracks in Australia. Hutchinson’s first adventure company was created after his first year jackarooing in Northern Australia. Mark is an advocate for the world’s wilderness areas. Ever since he was a kid, Mark loved the world around him and wanted to preserve it. Early on, Mark loved spending time camping and fishing in Northern Australia. He loved the idea of traveling around the vast wilderness and with his education in economics, he decided to turn it into a company. Learn more: https://www.linkedin.com/in/mark-hutchinson-596329121/?ppe=1
At 19, he established his first company, UNTAMED, which evolved into Avana. With a desire to share his experience and knowledge with others, Mark’s business focused on educating and inspiring people about the wild. In addition to spreading his knowledge, Hutchinson launched a new business in 2016. His new business, Wild Ark, has a different focus. Wild Ark focuses on protecting earth’s biodiversity and reconnecting people with the world around them, hopefully inspiring these people to want to make a difference in earth’s fragile ecosystems.
In his travels, mark was able to meet Anton Lategan, who would become his longtime friend and business partner. Avana was eventually re-branded into a training business, which grew larger and larger, eventually becoming part of the Vocation Group IPO. Letting the business go was hard for Mark and everyone involved in it. The idea for his second business, Wild Ark, came from Mark’s desire to let wildlife live in abundant biodiversity. He believes that the human race needs rewilding because of its lost connection with the wilderness. Learn more: https://www.ecotraining.co.za/about/owners/
The reason that Amazon is sitting so far ahead of all the competition in the fashion e-commerce market is because they are always looking for ways to improve. The success Amazon has in this space is best measured by how they are securing 20 percent of all the sales despite thousands of clothing companies trying to knock them from that top perch. Amazon may have to keep a closer eye on Kate Hudson’s Fabletics if they want to retain that top billing because in only three years we have seen Kate Hudson’s Fabletics already make $250 million in sales of women’s active-wear.
If you want to see why Kate Hudson’s Fabletics is dominating in a niche packed with thousands of hungry retailers, all you have to do is ask. Hudson will gladly tell you that all the success of her athleisure brand has to do with the reverse showrooming sales process and her diverse membership perks. Things are quite different in the way this company treats customers, just look inside the Fabletics store at the local mall. The women shopping at the mall stores are taking the Fabletics lifestyle quiz, trying on all the apparel, even window shopping for all the new arrivals in workout clothing.
To really be a success in a fashion e-commerce market that has Amazon sitting in the driver’s seat really takes some doing. What Kate Hudson’s Fabletics is doing differently start when these women are in the mall store trying on the yoga pants, tank tops, and leggings. Each piece that is worn will get uploaded to the customer’s membership online account. What that means is that these women are able to basically pick up the shopping exactly where they stopped at the mall. If you do not have to worry about the clothing fitting, then you are able to just focus on impulse shopping.
The customers at Kate Hudson’s Fabletics are being rewarded with free online shipping, huge discounts on all the active-wear online and in the retail store, and the help of an assigned Fabletics personal shopper. One amazing perk at Hudson’s Fabletics is your shopper reviews your quiz answers, then picks a piece of workout apparel every month and places it in your cart for your consideration. Amazon certainly has reason to keep Kate Hudson’s Fabletics at bay because these sales techniques seem to be giving them the ability to climb to the top of this market.