Category Archives: Business News

Malcolm CasSelle, Using the Worldwide Asset eXchange to Create Alternative Virtual Asset Ownerships

The Worldwide Asset eXchange (WAX) is a decentralized portfolio designed to equip everyone with the necessities for participating in the vast marketplace for virtual game assets. While reducing transaction costs, WAX is a clear demonstration of a successful tokenization of in-game items. The company targets to create a convenient marketplace for games which were previously unable to transfer assets. The player is assured of fractionalized profits from centralized exchanges. With this system, ownership of virtual assets creates a platform of new and easily accessible economy while still giving one an opportunity to expand into physical assets.

 

Virtual asset bonds and the WAX token are safeguarded through a multi-layered governance approach. This system creates a regulatory oversight controlled by individual token holders. The process is conducted with the help of users involved with transferring items, the Transfer Agents. In place are supervisory committees, guilds, and rating system with the incorporation of a delegated proof system handling stake consensus algorithm. In the occurrence of a failure of duty by Transfer Agents, the affected Guild’s reputation will be at stake. Similarly, Transfer Agents and token holders have the power not to re-elect a Guild who underperforms. With these measures in place, every individual plays their role aptly to ensure minimal inconveniencing to their associates.

 

About Malcolm CasSelle

Malcolm is an alumnus of MIT where he earned a degree in Computer science before joining Stanford University for a master’s degree on the same. CasSelle is the current president of the Worldwide Asset eXchange (WAX) and holds the position of CIO at OPSkins, a leading online market for buying and selling of video games. Prior to this, Malcolm was the CTO and president of Tronc where he oversaw magnificent property growth leveraging digital assets. He also worked at SeaChange Int’l as SVP & GM of digital media. The company had just acquired Timeline Labs, his company, which provided solution s to firms that had difficulties in discovering content based on social signaling.

 

Besides that, Malcolm CasSelle is an active investor in major companies including Zynga and Facebook, while still funding blockchain verticals and big data. In the early stages of his career, Malcolm co-founded PCCW; Hong Kong-based public traded telecom. The company attained a value of over $35 billion. Throughout his career, CasSelle has helped in the raising of PCCW’s public offering while equally supporting private transactions.

 

Maximizing on Stocks at Retirement

How much money should you have in stocks at retirement? Responding to a question asked by an attendee at an Oxford Club Private Wealth Seminar, Alexander Green, the Chief Investment Strategist at the Oxford Club, noted that this is dependent on various factors including your age, health status, size of your portfolio as well as your monthly overhead.

 

Now more than ever, Americans are living longer and people retiring at 65 years could live up to three decades after retirement. As such, you would require equities that generate returns that exceed the rate of inflation within a period of 20 to 30 years.

While building your investment portfolio when young offers many buying opportunities, it bears the risk of having too much money in stocks at retirement. On the other hand, depending on investments to supplement other monthly sources of income will offer a small portfolio when the market rebounds.

 

Retirement rebalancing is recommended to avoid this risk. It entails having the amount of money you require in low-risk bonds and cash to cater for your monthly overhead costs as opposed to concentrating on the percentage of your portfolio in the stocks.

To achieve this, set aside five years’ worth of living expenses to cover the deficit between your pension and monthly overhead. This is necessitated by the fact that average time taken from the beginning to the recovery of a bear market is between three and a half years to five years.

 

When the stock market is at new highs, retirement rebalancing requires liquidating stocks to pay the expenses. On the other hand, during a bear market, expenses can be paid from the five-year reserve as opposed to cashing in the stock at low prices.

In case you do not have a portfolio large enough to set aside the reserve, you can opt to work more, save more, reduce living expenses, settle for three or four-year reserves or invest at higher return rates.

 

About The Oxford Club and Investment

Founded in 1989, The Oxford Club is an independent financial organization with a global network of financial investors and entrepreneurs. It aims at helping its members gain wealth through research on investment opportunities and maximizing on those with the greatest profit margin potential and least risks.

 

The Oxford Club’s educational arm, Investment U, uses various resources including free e-letters, videos, courses and conferences with their premium version of daily e-letter containing actionable stock recommendations. It was founded in 1999 and boasts of being one of the first independent financial education sites on the Web.

Stay up to date with online seminars from The Oxford Club: https://www.youtube.com/user/OxfordClubTV

Glenn Wakeman’s Succefful Career Led To The Founding Of LaunchPad Holdings

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. 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. 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. 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.

The Life and Career Success of Glen Wakeman

With a career that spans over two decades, Glen R. Wakeman is one of the few successful business-oriented individuals in the business and finance industry. Currently, Glen is the CEO and the founder of Launchpad Holdings; a company that brings together a fully automated system that enables different entrepreneurs to organize their ideas into a more workable plan.

Glen Wakeman began his career at GE Capital where he held the business developmental and P&L positions. While working at GE Capital, Wakeman was recognized as a role model in Growth Leadership by the company’s Board of Directors. Walker left GE Capital and joined the Doral Financial Corporation where he would successfully ascend to the position of CEO, President, and later as the chairman of the board of Doral Bank. Apart from this, Glen was the founder and the president of Nova Four, a company that deals in providing strategic advice as well as access to capital for starting and maintaining a business.

Glen’s desire to build a business empire by improving the company’s agility has proven an asset in his career as a financial advisor and executive mentor. He bases his methodology to improve a business on five different pillars namely Leadership, Human Capital, Execution, Governance, and Risk Management.

Throughout his career and the various positions that he has held, Glen has immensely revolutionized various business and managed assets that are worth more than $15 billion (NewsSky). His overall work has included guiding start-up companies, enabling new market entry, M&As, exponential growth, and divestitures.

Apart from being an investor, Glen has also used his writing skills to educate and share his overall insight on emerging markets, international fiscal matters, strategy, and management and administration. The information that he publishes on his blog has helped a lot of enthusiastic business individuals. Glen also mentors several C-level executives and couples up as an advisor to various startups such as Dreamfunded and Sitter Bees.

Wakeman attended the University of Scranton where he graduated with a Bachelor of Science in Economics and Finance in the year 1981. He later joined the University of Chicago where he successfully pursued and graduated with an MBA in Finance. Having lived in six different countries, Glen has overseen the growth and success of various companies in these countries.

More at Twitter | Facebook | LinkedIn

Sajwani’s Market Advice

Hussain Sajwani family ties

 

Hussain Sajwani, Damac owner and lifelong friend of President Trump and his family, has worked in real estate for more than 30 years and learned numerous trades from within – beginning at the bottom of the ladder and gradually working his way up. He has studied trades. He has analyzed markets. He has even compared trends for buying or selling within numerous areas for multiple properties: One may say he is the Middle Eastern expert on such matters. In fact, this UAE billionaire has even partnered with the best – President Trump – on building one of the largest gold courses in the U.S.; he has truly done it all in the world of real estate business and lives to share his advice on a couple of key factors for any market professional to remember:

 

Staying in Touch with Professionals

 

One should continue to rely upon a real estate professional’s guidance: Even after the desired home has been bought or sold, one should remain in touch with the respective agent or agency. This not only promotes a continued healthy business relationship but also ensures that solid lines of communication remain in effect for whenever one party may require assistance from the other. Staying out of touch is never recommended for any professional, and one never knows when he or she will require immediate assistance or input.

 

Keeping Everything on Record

 

In today’s hectic, information-driven society, it’s never been a better time to remain organized. Keeping all records in a personal file helps one to maintain a solid point of reference and to quickly and effectively conduct all transactions related to the home and its account. One should organize all files under a specified folder for the real estate account and make copies as well. For example, sub-folders may label under “Finance”, “Tax Information”, “Agency and Agent Details”, “Terms and Conditions” and “Repairs Required”. Sub-categorizing the folder will assist one to know where to look for and retrieve the relevant information in the timeliest manner.

 

Follow Hussain Sajwani on twitter.

 

 

George Soros: Political Influencer And Enterprising Philanthropist

George Soros is a Hungarian-born businessman, investor, and philanthropist based in New York. For more than 30 years, he has been a vocally active supporter of liberal and democratic causes, through the Open Society Foundations. Through this organization, he advocates for the establishment of open societies globally. According to George Soros, an open society is one that is characterized by democratic governments, transparency, and accountability.

Personal Life and Professional Background

George Soros and his family left Hungary in 1947 headed for the United Kingdom. Here, he financed his college education at the London School of Economics by working as a waiter and railway porter. He holds a Bachelor’s degree and Masters’ in Philosophy from the LSE. While at the LSE, George Soros was exposed to the political ideals of Karl Popper in the book “The Open Society and Its Enemies.” This is what motivated him to establish the Open Society Foundations in 1979.

He began his career in international arbitrage working for Singer and Friedlander, a brokerage firm in London. George Soros relocated to the U.S in 1958 and started working on Wall Street as a stock broker.

In 1969, he founded Double Eagle, presently known as Quantum Fund. This was his first venture into hedge fund management, and the profits earned allowed him to set up a second hedge fund known as Soros Fund Management. This hedge fund currently has assets valued at $30 billion under its management. In 2017, he appointed Wall Street veteran, Dawn Fitzpatrick as the Chief Investment Officer, in charge of the investment portfolio of Soros Fund Management. Visit cnbc.com to know more about George Soros.

Political Attachment and Philanthropic Activities

George Soros is an active donor to political causes, primarily Democratic causes. Since the formation of the Open Society Foundations, he has spent over $13 billion as political and social donations for supporting human rights, health, democracy, and education globally.

He played a major part in Eastern Europe’s peaceful conversion from communism to capitalism by funding cultural exchanges between Eastern Europe and the Western world. George Soros was also influenced by psychedelic drug expert Allen Ginsberg, in his efforts to bring about the legalization of marijuana in 2000.

Over the years, George Soros has actively contributed to the election campaigns of well-known Democrats such as Barack Obama, Bill and Hillary Clinton, as well as Joe Biden. In 2004, he donated almost $27 million in the efforts to oust President George W. Bush and in 2016, pledged $25 million to Democratic presidential candidate Hillary Clinton.

He is a strong critic of President Donald Trump because he forwards that his stand on immigration reform, religious tolerance, and criminal justice matters are too extreme. George Soros has supported Democratic political action committees such as Immigrant Voters Win, Senate Majority PAC, Priorities USA Action, America Votes, among others.

He is played a role in the formation of the Democratic Alliance in 2005. This is a private club of Liberal and Democratic donors who sought to combat the influence of big money in politics.

Read more: http://www.forbes.com/profile/george-soros/

Mike Baur Breathing Life to Digital Startups

Mike Baur is an accomplished entrepreneur and businessman. In 2014, Mr. Baur, together with Max Meister and Oliver Walzer, established the Zurich-based startup accelerator firm known as Swiss Start Up Factory. Today, apart from serving as the Co-Founder & Managing Partner at Swiss Startup Factory, Baur is a speaker on the Investor Panel at the WORLDWEBFORUM.

 

Swiss Startup Factory is one of the leading privately funded digital accelerator startup companies in Switzerland. This ICT accelerator firm is focused on providing the much needed support to early-stage digital entrepreneurs through a 3-month well-structured accelerator program. In this program, prosperous ICT entrepreneurs have access to a wide network of entrepreneurs (both from Switzerland and across the globe), coaching, mentorship, and office space, which enables them to start and run successful businesses. In addition, the company provides young entrepreneurs with capital to help them commercialize their ideas and grow their own ventures in the ICT space.

 

Mike Baur was born in Fribourg, and he was passionate about working in the Banking & Finance industry during his early age. He holds a degree in applied science, Masters in Business Administration from University of Rochester New York and an Executive MBA from Bern University. Baur’s passion in the financial sector has seen him spend over 20 years working in the Swiss private banking sector.

 

Mike Baur started his career in banking at Sallfort Bank; he later shifted to UBS wealth management group. He climbed the corporate ladder to become an executive board member of a large Swiss Private Bank. Seeing the growing need for providing mentorship and financial support to emerging digital entrepreneurs, Baur quit his job to team up with other partners to form Swiss Start Up Factory. The primary objective of forming this factory was to help young entrepreneurs with the prerequisite capabilities to start and grow their own businesses.

 

Since its inception, Swiss Start up Factory has witnessed unprecedented growth, which has seen it partner with other team players including Fintech Accelerator Fusion (a venture capital firm based in Geneva) and Helvetia insurance. This partnership was geared towards deepening SSUF’s roots as the leader among private accelerator firms. In 2016, SSUF joined forces with CTI Invest, a leading venture capital firm that is based in Switzerland.

 

Mike Baur also doubles up as a Co-Founder and Director of Swiss Startup Association. He continues to develop and nurture new business financially and through mentorship, which has had a positive impact on the economy of Switzerland.

 

Adam Milstein: Power, Prestige, & Influence

When it comes down to doing “good deeds” in this world, Adam Milstein is right at the top of the list. Milstein is a true philanthropist and spends much of his time advocating for a stronger Jewish Community. Though being very business savvy with a (Master of Business Administration) Degree, Adam Milstein is a managing partner of the successful Hager Pacific Properties. After making such a huge impact from his efforts in the world this past year, he was elected number 39 on the 50 Most Influential Jewish Figure List.

Born in Israel of 1952, he was the son of a home maker and real estate investor, which is were he gets most of his strong family values. Milstein joined the Israeli Defense Forces in 1971 and served in 1973’s (Yom Kippur War). Philanthropy is his soul and by being such a proud Israeli American, Milstein’s strong advocating presence helped in stand out by igniting Jewish pride, sponsoring/organizing education for students, help young professionals connect with their Jewish roots, and advocate for a stronger State of Israel and it’s people. Milstein married Gila Elgrably in 1974 and by the year 2000, this power couple founded and opened (MFF) Milstein Family Foundation which works to strengthen Israeli alliances, creates synergies among organizations, strengthen the Israeli people/homeland, project funding, and embracing active philanthropy principals. Bringing people together is positive change and the (MFF) personifies this notion perfectly.

Adam Milstein seems to be the standard and sets the precedent among other individuals in this field. The guy is truly a living testament of goodwill and has many accomplishments such as:
StandWithUs Committee Member
Israeli-American Councel Co-Founder
Birthright Israel Member
Top 25 Activist of Twitter
Offers Free Monthly Books in Hebrew To Israeli-Jewish-Americans
Organizer of the Campus Maccabees Summit
Member of (AIPAC) National Counsel
Israel On Campus Member
And many more

All in all, when comes to getting things done the right way and making positive changes that effects people around you, Adam Milstein exudes power, prestige, and influence.

Source: http://finance.yahoo.com/news/jerusalem-post-names-adam-milstein-185000374.html

Additional Links:

Home

https://www.linkedin.com/in/adammilstein

Talk Fusion Is Delighted To Receive Technology Marketing Corporation’s Product Of The Year Award

Technology Marketing Corporation has selected some of the best business tech programs over the years, and this year is no exception as their Product of the Year award goes to Talk Fusion. Talk Fusion is not only a software developer, but also a direct selling company that allows people to resell their products and earn a commission from doing so. Talk Fusion’s products have been undeniably innovative and well-deserving of this award, but Talk Fusion has also won this award because their customer service has been outstanding, and they have selflessly given back to their community. Bob Reina, the company CEO says this award is only the beginning of what Talk Fusion plans to do with its product suite.

Talk Fusion started up back in 2007, and it stemmed from Bob Reina’s idea to turn video files into emails that could be sent to anyone. Reina had embarked on a personal journey, leaving behind a career in law enforcement and entering a profession that would allow him to work on his own time. He had been looking for a niche to sell products, and while he was vacationing he found it when he tried to send emails with videos in, but couldn’t because the files were too big. So he worked tirelessly to make a video email solution that would convert video files to email format, and soon enough he did. That solution became the base for Talk Fusion, and in just a few years he had made several products including video newsletters, video chat, and online conferencing available in an all-in-one package.

Reina helped Talk Fusion start an associates program to help customers earn commission for spreading the word about Talk Fusion’s products, and with that program they can earn bonuses such as paid vacations, fancy new cars, and other rewards for their hard work. Talk Fusion also allows new customers to signup for full use of their products, including their new WebRTC recorder for 30 days free of charge, and no credit card or payment method is required. And if associates feel generous, they can choose to have some of their earnings go to charity.

Additional Links:

Talk Fusion Review – Legit Company or Scam?

https://ideamensch.com/bob-reina/

Diversant – Providing Opportunities to Minorities Nationwide

Diversant is a fully certified Minority-owned Business Enterprise (MBE) and IT staffing and placement agency for both large- and small-scale projects and businesses in the United States. The company is known as the largest African American owned business enterprise in the country. As an MBE, Diversant operates on a set of standards, guidelines, and values that reflect both the constantly-changing world of technology and the ever-increasing recognition of the importance of equality for all people, particularly African Americans. The company’s leadership team consists of a number of notable names, such as current CEO Gene Waddy, COO Jim Yoshimura, and perhaps most notably, entrepreneur and technology mogul John Goullet.

As mentioned before, John Goullet is an Information Technology specialist and entrepreneur. Goullet holds specialities both in the IT field itself and in staffing for Information Systems services. He is also an application developer and programmer, a marketer, a front- and back-end web developer, and a network engineer. He attended Ursinus College of the Greater Philadelphia Area from 1979 to 1983, at which point he began his career as a private IT consultant and specialist, which he continued until July of 1994, when he founded the company Info Technologies, Inc., of which he remained the owner and also held the positions of chairman and CEO until February of 2010, when the company merged with Diversant, Inc. to become Diversant, LLC. At that time, he handed the position of CEO over to Gene Waddy, and kept his position as chairman of the board of directors, which he still holds today.

Follow John on Facebook and Crunchbase today!