Mike Baur On Moving A Business Idea Into Startup Phase

It’s not usually too hard to come up with an idea for a business because whenever you realize a demand for a product exists and no solution to meet that demand has been found, you practically have your business idea. But building around that idea to turn it into a real company that will be around for years to come is another stage in and of itself. Mike Baur, the Chairman of the Swiss Startup Factory (SSUF) helps people turn their ideas into companies and he has several tips on doing that that he recommends entrepreneurs follow.

 

Baur says first that you need to know what to do to make the business happen, and that includes being able to reach venture capital investors and win them over, and not being afraid to share your business ideas with others. You also need a business plan that’s going to be adaptable. In a business world that’s now being dominated by technology and trends changing faster than ever, the business model that works today may not work tomorrow, and you need to be ready to change yours when necessary. And finally Baur says risk taking is also a big part of sustainable businesses. The risk taking isn’t so much starting a business, but making decisions both large and small in how it’s going to be run, and you cannot be afraid to take well thought out risks.

 

Mike Baur took a risk himself when he decided to leave a pretty steady paying job in banking and put his investments in brand new startups and hope that the SSUF would be a success. Baur had started in banking at UBS as a teenage intern back in 1991 and was there until 2007. He then moved to Clariden Leu and became an executive and appeared to be at the top of his career. But several things changed his mind about continuing in banking including the new government restrictions that came in the years after the recession hit hard. Baur officially left banking in 2014 and decided to start going his own way.

 

The SSSUF originated with an idea for investor-based capital supply through Think Reloaded, the company Baur originally founded. But as Baur grew his idea into a systematic approach to bringing businesses online in less than a year, he brought other executives from firms like CTI Group and later Fintech Fusion along with his plan and soon the SSUF was running full-speed. At the SSUF, entrepreneurs gain knowledge not only on obtaining the capital they need and how to formulate their execution blueprints, but they’re also tested on how they’ll handle high-pressure situations and make decisions that could influence the overall direction of their business. Companies that make it to execution stage can be eligible for free office space for several months.

 

Larkin and Lacey Provide Support Through the Frontera Fund

The Frontera Fund helps minorities get the help they need. The fund was created so minorities would get support and would have a better chance at a successful life. Larkin and Lacey recognized all the issues minorities had, but they wanted to do something about them. They felt it was part of their job to give people the help they needed.

They also felt they were good activists because of the things they did. Even though they were just journalists, they felt the things they were doing were important to make everything better for minorities. As long as the men knew what to talk about, they could help minorities.

After Joe Arpaio was arrested for making things harder and trying to arrest Larkin and Lacey, they felt as though there was some sort of relief. He had been terrorizing minorities for a long time and they were glad there was finally an end to his reign of terror. Read more: Village Voice Media | Wikipedia and Michael Lacey | Twitter

They also knew they’d be safe because he had tried to arrest them in the past. The men were overjoyed when he received charges for what he did, but they didn’t know things were going to get bad again.

Joe Arpaio received a pardon for the crimes he committed. The pardon was based on how he responded to different things he did. It was part of how he could do better. He showed remorse and the pardon was granted. Many people believe the pardon was a direct result of all the connections he had in the industry.

They think he was trying to put things together because of his experience as a law enforcement official. They also believe he didn’t deserve the pardon because he spent so much time trying to hurt people with different things.

Larkin and Lacey were among those who felt cheated by the pardon Joe Arpaio got. They wanted to see him get in trouble for his actions. People he had arrested illegally were still in jail. People who didn’t do anything wrong were punished for crimes they didn’t commit. Joe Arpaio, though, was among the free.

He didn’t deserve it, but the pardon worked for him. As long as Larkin and Lacey could still help people, they were going to do everything they could to fight for their rights. They are not afraid of Joe Arpaio. They fought him already and they won so they’re ready to do it again.

Since Larkin and Lacey know there are things they can do that will help them cater to more minorities, they try to always give back to people who are in different situations. They also know things will get better if they can give other people the attention they deserve. Read more: Lacey and Larkin Frontera Fund and Village Voice Media | Wikipedia

Minorities don’t always know how to help themselves, but Larkin and Lacey know how to. They always plan to give people the things they need so they can give attention to different opportunities. They also know there are things that will help them make the right changes to better minorities’ lives.

Sahm Adrangi points out KodakCoin’s fatal flaws

The stock price of Eastman Kodak company has been nothing short of a roller coaster over the past month. With the recent announcement of a new cryptocurrency being developed called KodakCoin investors were quick to get on board, only to quickly re-assess and correct their market positions. After sparking at a price of $12 per share the stock has dropped back down to a more reasonable price of $5 per share. The only question now is just how much of this price if any is still the result of irrational exuberance and cryptomania.

According to Sahm Adrangi of Kerrisdale Capital there is a very large amount of risk with very little potential return for the company. He specifically points out long-standing financial woes that the company has suffered, including a recent bankruptcy filing. While some believe that the move into cryptocurrency represents a new chapter in the company’s history, Sahm Adrangi remains skeptical.

One of the largest reasons for this is the very nature of the product itself. KodakCoin is not an internal project done by the company itself, instead of the simply licensing deal for the Kodak name. Even if the cryptocurrency operation is a success it will not be owned by the parent Kodak company, instead, it will continue to be run and operated by the outside firm Wenn Digital.

Sahm Adrangi highlights the fact that company which built the blockchain software that KodakCoin will run on has very little history. As a result, there is little reason to assume that there is any significant strategic value to the partnership; there simply is not enough value he made by Kodak to justify any considerable increase in stock valuation.

Finally, the last piece of evidence that Sahm Adrangi mentions is the lack of visible support for the initial coin offering. Despite being pushed back several weeks, the coin has only generated $2,000,000 dollars in investment revenue. This is a very low rate of response; it is simply is not enough money being invested to justify the increase in price.

As mentioned before not all $2 million of these dollars will go to Kodak, and even if it did it would not be enough to save the company, let alone justify the current market valuation.

https://www.cnbc.com/2016/05/05/short-seller-kerrisdale-to-target-dish-network.html

Jim Larkin, Michael Lacey Comment Trumps Pardon of Arpaio

In Arizona last month, in an act that shocked few, U.S. District Judge Susan R. Bolton officially condoned Donald Trump’s pardoning of Joe Arpaio, Maricopa Counties former sheriff.

Arpaio was convicted in July on charges of criminal contempt for disregarding a federal judge’s injunction arising from his 2007 racial-profiling prosecution. The pardon arose weeks prior to his sentencing.

Bolton’s ruling ends the newest chapter of the long-time Arpaio story, which a decade ago this autumn included the notorious arrests of past Phoenix New Times owners Jim Larkin and Michael Lacey.

Under Larkin and Lacey’s leadership, The New Times constantly exposed scandals punctuating the Arpaio’s two dozen year term. Ten years after being imprisoned by the sheriff, Lacey offered a succinct assessment of his lasting adversary. Lacey stated “Trump is a moron and his pardon of Joe Arpaio proves it,”

The son of a craftsman, Michael Lacey grew up in Newark, N.J. He moved west in the 60s and attended Arizona State University. Michael Lacey dropped out in 1970, and he and a couple of classmates published the first issue of The Phoenix New Times in response to conventional local media’s coverage of the antiwar protests on campus.

Jim Larkin dropped out of Arizona State University as well and in 1972, Jim collaborated with Michael to start The Phoenix New Times.

Michael Lacey was the executive editor and Jim Larkin was in charge of advertising. The free newspaper expanded its readership while discovering a wide range of political and social issues while earning prominence amidst the nation’s increasing list of alternative papers.

New Times purchased a weekly paper in Denver called Westword in 1983. This began an expansion which would ultimately embrace a multimillion-dollar chain of 17 similar papers touching both coasts. These included the Miami New Times, LA Weekly, and the grandfather of all alternatives, New York Citys Village Voice.

October 18, 2007, Lacey and Larkin were arrested taken to jail for unveiling in Phoenix New Times subpoenas issued by the Grand Jury targeting the paper’s editors, writers, and in an amazing offense to Constitution of The United States, readers.

Their unfortunate arrest came at the hands of Joe Arpaio, Maricopa County’s famous anti-immigration sheriff. Due to public outrage, all of the charges got dropped in less than 24 hours.

Additionally, the subpoenas were dropped, ultimately ending the grand juries inquiry. Later investigations found the grand jury’s warrants to be counterfeit and assigned by a vindictive prosecutor who circumvented legal safeguards.

Read more: Lacey and Larkin Frontera Fund and Phoenix New Times | Wikipedia

US Money Reserve Makes Appearance At Popular Scottsdale Auto Auction

When the annual collectable auto auction came to Scottsdale, Arizona this last month, it may be of no surprise that one of the booths at the 47th Barret-Jackson was run by US Money Reserve, a company who deals in collectables themselves. US Money Reserve’s collectables are gold and silver which are sold with the purpose of primarily wealth protection.

US Money Reserve’s car was a McLaren P1 GTR whose powerful engine and top acceleration capabilities made it one of the most popular vehicles showcased. It was well worth the time of most visitors to see this vehicle, but even more so were information packets that US Money Reserve representatives passed to them.

US Money Reserve is not just concerned about how investors buy precious metals from them, but also about why they should do it.

Gold and silver, the primary precious metals that US Money Reserve sells are always the most recommended hedge against disasters in the market, and US Money Reserve has a variety of products for various customer needs.

US Money Reserve put out an e-book about these economic disasters and two of the top threats to wealth comes from cyberattacks on bank accounts and other institutions, and government spending plus national debt which could mean big trouble coming soon.

Gold and silver provide assets that cannot be affected by interest rates, and their reliable both for the short-term and diversifying a retirement account into.

PR Newswire published an article that says US Money Reserve has strong credibility in the precious metals industry because their president is someone who has worked in both the public and private sector with accounting and minting, and he served as the 35th US Mint Director just prior to joining US Money Reserve.

That man is Philip N. Diehl who was credited for restoring the Mint to profitability out of fiscal operating debt, and also had one of the government’s first big interactive websites built for the agency.

Diehl has spoken at several gold conferences and the 2016 Gold Summit in which he explained how gold is not difficult to purchase and how it can be resold when markets recover and interest rates go down.

US Reserve even has charts listed on its current site that show how gold has moved up and down over the years. Diehl has helped customers understand the risks of buying gold and has made US Money Reserve’s customer service important so that products can be returned if they do not work out. To find out if gold or silver can protect your assets, you should visit www.USMoneyReserve.com.

Roberto Santiago: A Vision of Quality

Roberto Santiago started his business career after a formal education at Pio X-Marist College and the University Center of Joao Pessoa. While at the university center, Santiago obtained a degree in business administration. It can be said that in a lot of ways, Santiago hit the ground running. At a very early age, he started his own cartonnage business. The company would design and manufacture the cardboard folding cartons that many other companies used in their products. He built a large customer base and gained a solid reputation in the business world. This success was a turning point in Santiago’s career, however, because as his company grew he decided to shift his focus onto real estate.

 

Spectating properties or owning prebuilt establishments was not going to work for Santiago. He had it in his head that he wanted to create something special, something that no one had ever seen before. He decided to locate his new building in Joao Pessoa because of his successful history there. He saw a need in the community and knew that his next big endeavor would enjoy an enormous amount of success within the city. The question became, what kind of facility had Santiago been planning? In 1989, the public would wait no longer as the doors to the innovative shopping facility Manaira opened its doors.

 

The first steps that patrons took into Manaira were mesmerizing. The complex featured stores that sold everything from furniture to jewelry, with a differing price points that catered to shoppers from all levels of society. There were also a variety of entertainment options that they could participate in within the gaming center. In addition to the 1,500 stations that guests could use, the center also featured a working amusement park and bowling alley. Over the years, Manaira is subject to renovations and updates on a frequent basis to keep the facility in top running order. When guest come into Manaira they know that they are getting the very best.

 

Today, Manaira remains a popular tourist destination and enjoys a large degree of fame as one of Brazil’s largest shopping malls. The facility even features a concert and event center dubbed Domus Hall. This has earned it international reputation because of its popularity among musicians. The facility can safely house up to 10,000 people and has private suites that make it ideal for any musician on the go. Throughout the years, Manaira has shown that it has the strength to survive and become a truly unique gem for the Brazilian people. As Santiago grows his empire has also grown the city of Joao Pessoa. He takes pride in the community that helped build Manaira and hopes to continue that legacy with more facilities that share his vision of quality.

 

The Formation Of Larkin And Lacey Frontera Fund

Mike Lacey and Jim Larkin had been handcuffed and then arrested on October 18, 2007. This was done by the deputies who belonged to Maricopa County. These two are Village Voice Media Executives.

They were made to leave their homes in the Phoenix area and shoved into an unmarked SUV. Later on, they were put into separate jails which were managed by Joe Arpaio, the Sheriff of Maricopa County.

These two journalists were arrested due to a cover story which they penned in Phoenix New Times. Lacey and Larkin were released from jail within 24 hours. This was because of a national outcry as their arrest was widely covered by the media. Read more: Jim Larkin | Angel.co and Phoenix New Times | Wikipedia

This led to a court battle which was about the First Amendment rights as well as abuse power that was depicted by this illegal detention of Mike Lacey and Jim Larkin. It was discovered that the subpoenas that had been served by the Grand Jury to both of them had been invalid. Then it was announced that Lacey and Larkin had been arrested in a false manner.

These two have received settlement money. This has led to the formation of the Frontera Fund. This is a fund that is supposed to help the Hispanic community to deal with issues like racism and civil rights abuse in the state of Arizona. Larkin says that he had been taught from an early age to help those who were less fortunate.

During the 2014 mid-term poll, the politicians on both sides started campaigning by developing an anti-Hispanic political stand. This was when Jim Larkin and Michael Lacey had to start distributing Frontera Fund dollars to nonprofit groups that were advocating for Hispanic civil rights and such other causes.

Jim Larkin says that there is no other group that is more deserving than the Mexican Immigrants. This is because they travel all the way to Arizona looking for work and such other economic opportunities. It was in 2012 that the Ninth Circuit Court of Appeals stated that getting a direct assault towards the First Amendment through immediate arrests of the critics are not going to be an easy task.

The courts had granted a $3.7 million settlement that was paid by Maricopa County to Michael Lacey and Jim Larkin in 2013. Lacey had said that Sheriff Joe Arpaio was detaining Mexican migrants. He was demonizing anyone with brown skin, and this included American citizens too.

Daniel Taub Leaves Prestigious Job

Daniel Taub has become very popular in the last five years. This is because he has been working as the Israeli ambassador in the United Kingdom. In a recent interview, the trained lawyer says that he has a great story behind his successful career.

According to the interview, Daniel was born and also raised in the country where he eventually becomes an ambassador. Before getting the prestigious position of ambassador, the businessman was already familiar with all the activities taking place in the country.

Daniel Taub parents were living in Britain several years ago. Taub was born in the year 1962, and his parents chose to take him to some of the best schools in the world. His great educational background has been instrumental in his career life.

At first, Taub was admitted to the University College in Oxford. Later on, the businessman was fortunate to get an opportunity to join the prestigious Harvard University. In the year 1989, the businessman chose to go and settle in Israel. Taub has been in Israel for some time, and he has been given several responsibilities. Apart from having a rich educational background, the businessman is very dedicated, and he works hard in all the responsibilities given.

When Daniel Taub settled in Israel, he was lucky to get a place at the defense forces where he worked as one of the combat medics. The businessman was mainly one of the reserve officers who worked in the international sector. Learn more about Daniel Taub: http://www.parashadiplomatit.co.il/

In the year 1991, the lawyer was given a chance to work at the foreign ministry in Israel. Since then, he has been getting many diplomatic positions due to his hard work and dedication.

In the year 2011, the trained lawyer was appointed to serve as the United Kingdom ambassador. Getting this position in the country is not an easy task. Britain is among the most respected countries in the world. For individuals to become an ambassador in the nation, they must be well experienced and educated so that they cannot make costly mistakes.

After getting the job as an ambassador, Daniel Taub worked hard, and the results of his hard work are known to both countries. According to government sources, the trade between the two countries increased significantly thanks to the presence of the businessman.

Daniel Taub has, however, announced that he will be resigning from this position so that he can concentrate in other activities. His replacement has not been announced yet.

Read more: Daniel Taub – Crunchbase

Don Ressler Continues To Inspire Fabletics

With regard to athletic wear for women, there are just two choices for them. Either they choose fashionable or affordable. There has always been a wide gap in this market between fashion and functionality. But activewear has reached an all-time high now. This was the reason that Don Ressler along with Adam Goldenberg took note of this trend in 2010. They realized that women’s athletic wear consumption is only going to increase. Hence they co-founded Fabletics. Its simple mission was to create active wear that was fashionable yet functional as well as, affordable.

 

Don Ressler and Adam put their heads together and came up with this revolutionary vision for active wear for women. They did not focus on the current market trends. Rather, they focused on what these women required. They went through several consumer tests and spoke to focus groups. This helped them to determine the greatest problems that were plaguing women in this world of women’s sportswear. They found that the clothes were garish and very expensive. Often they were ill-fitting too. Even their quality was abysmal and they were not comfortable too. It meant that an outfit that would look and feel good will be very expensive.

 

This was when Don Ressler decided to work with Kate Hudson. This changed the face of the brand. In case of sports fashion industry, branding had been relatively ubiquitous. There have been very few companies that have been able to target women specifically. However, Kate Hudson has a friendly, appealing face. She has been able to create a strong relationship with her consumers. This has helped to connect Fabletics to the masses. She has a passion for the media. She can communicate with customers. Also, she is one of the few celebrities who take her work very seriously. She wants to improve the brand image online and offline too.

 

Don Ressler has worked through several hiccups. These have included funding issues that they faced in the early stages. Don Ressler has been able to work his way through and managed complexity here. Making clothes that were both functional as well as fashionable was not easy. But the focus and determination of Don Ressler have helped him to achieve it. Also, his previous experience in this field has helped him to design the clothing that was both comfortable as well as high in quality. Fabletics has managed to create a strong online prese nce this way. http://hackronym.com/don-ressler-and-adam-goldenberg-establish-techstyle/

Techstyle Success under the management of Don Ressler and Adam Goldenberg

Techstyle Fashion Group is made up of various beauty, clothing, and accessories companies that were established by the Don Ressler and Adam Goldenberg. The two individuals have become successful due to their ability to satisfy the needs of the consumers. Goldenberg has been a businessman from when he was 15 years old. His first business was known as Gamers Alliance, and it served as a marketing network for gaming websites. In 1999, the company was bought by Intermix Media. Adam was later hired by Intermix Media as its VP for strategic planning. This forced him to quit high school so that he would discharge his duties well. At 20 years old, Adam Goldenberg became the youngest COO of the company.

 

Don Ressler also had a similar journey as a businessman before joining Intermix Media. He owned a website that was known as FitnessHeaven.com and sold it to the company in 2001. Ressler was skilled in raising capital for online businesses by the time he was selling Fitness Heaven. His knowledge of e-commerce is what motivated him to venture into the online fashion business. Don and Adam became close friends when they were workmates at Intermix.

 

In 2006, the two left Intermix Media and established a company that was known as Intelligent Beauty. The firm was a success, and it formed different renowned brands in the beauty and health sectors. While working at Intelligent Beauty Ressler and Goldenberg started brainstorming to develop a new method of online shopping. They were well informed about the high demand for trendy and comfortable clothing that was not readily available to the clients.

 

The duo later established Techstyle, which was called JustFab at that time. It started as a membership-based clothing business that enabled subscribers to get fashionable athletic clothing monthly. The company managed to secure funds from a top venture capitalist that is called Matrix Partners. Ressler and Goldernberg rebranded the enterprise in 2016, and it became Techstyle. The business has been combining fashion and technology. The two entrepreneurs are highly skilled in digital commerce, and this has made it easy for them to run the business.

 

Techstyle stands out in the fashion industry due to its high level of innovation. It is committed to offering clothes that make women comfortable and also increase their self-esteem. Don and Adam have been working hard to make Techstyle a leading provider of clothing and accessories across the globe. http://www.entrepreneur.wiki/Adam_Goldenberg