Glenn Laken

Rona Borre Carries On and On and On

Rona Borre is the founder and CEO of Instant Alliance, a successful staffing and recruiting company located in Chicago, Illinois. She started her firm in 2001 from a spare bedroom in her condo and in six months had 50 employees working for her. Today, Instant Alliance is one of the fastest-growing staffing and recruiting companies in the United States.

Borre had previously held a sales position with a large global staffing company where she had led all sales and had shattered all production records of the company. She wound up managing a $30 million book of business. However, the company was sold, and the culture changed drastically, so Borre decided to go on her own, and Instant Alliance was the result.

In a recent interview, Borre was asked what ingredients she brought to the business that has made it so successful, and her reply was that she is seldom satisfied with things on the first go-around. She is always looking for a better way because it is usually out there.  For the full interview, hit on ideamensch.com

Borre is concerned about the seemingly little things. She talks about a receptionist job she had with an ad agency when she was just out of college. She was treated very badly there as if she didn’t matter. She learned from that that everyone’s job matters, especially the receptionist because that is the first person anyone sees when they come in the front door. Going above and beyond the norm to make people feel good is one of the main drivers for her in this industry.

Borre is very good at the establishment and the development of relationships with her clients. She especially wants to get to know the upper management echelon, because here is where you learn what kind of company culture exists. This is important information because it tells you what kinds of candidates will fit into the company culture and who will be more likely to fit in.

Rona Borre is very active in Chicago business circles, and she holds leadership roles in organizations such as The Chicago Network, the Young Presidents’ Organization, and the Economic Club of Chicago. She is in demand as a speaker and has been interviewed by most of the media.  Related article on conferences.shrm.org.

Hit on http://www.chicagotribune.com/bluesky/originals/chi-techweek-100-bsi-gallery-20140602-004-photo.html for an interesting article,

Fast Company Article about EOS Lip Balm

For a long time, lip balm purchases entailed going through the drug stores to find the lip balm of choice, Chapstick. An active ingredient made the Chapstick feel clinical. Buyers had an option of purchasing the original version without flavor or go for the flavored one with mint or cherry. There was a turn of events seven years ago when the pastel colored EOS lip balm appeared in large stores such as Walmart.

Celebrities like Kim Kardashian made the lip balm popular since they were spotted carrying EOS lip balm. The beauty products from the Evolution of Smooth (EOS) were splashed all over the magazine articles. With a capital amounting to $250 million, EOS Company was created specializing in oral care. Each week the net sales amount to one million units.

The demand for organic and natural products a specialty of EOS sparks the growth of EOS lip balm worldwide. Sanjiv Mehra, the company’s founder, says that initially, their focus was on creation and distribution of products. Over time, customer’s desire for the knowledge of what the company stands for prompts the sharing of more information regarding company’s values.

Most of the competitors in the lip balm market focused on cutting costs and price competition. Mehra and his partner found this as an opportune time for creating an innovate product. Though Lip balm was a unisex product, it was mostly used by women. Through consulting an artist, the EOS Company came up with different shapes of lip balms that did not exist in the market before.

The lip balm involved all five senses and was priced at $3 on Amazon competing with existing brands in the market. Through contracting advertising personnel, the lip balm was availed in stores shelves. EOS targeted the millennials; they worked with celebrities for placement and endorsements in the social media pages on Facebook and Instagram creating publicity for the brand.

http://www.ebay.com/bhp/eos-lip-balm

Mike Baur Extends Support To Upcoming Entrepreneurs Through The Swiss Startup Factory

Mike Baur has been in the world of entrepreneurship for barely four years and the progress he has made with the Swiss Startup Factory is pretty notable. Launched in 2014, the Swiss Startup Factory has been working with entrepreneurs by offering them support to establish their businesses. When he launched the incubation facility, he came from banking, where he resigned to venture into entrepreneurship. He did not imagine the facility would grow to become the best incubator in the country, but just two years later, it became the biggest.

 

To touch the entrepreneurs and to help them manage their ideas, Mike Baur offers a three months incubation program that is managed by highly experienced individuals. Offering support to young entrepreneurs offers Mike Baur the satisfaction he has for many years sought to achieve. His effort has helped to raise the bar for many businesses and he is looking to expand the reach of the Swiss Startup Factory so more can also benefit to launch their ideas after the three months incubation. He is optimistic about the growth of the company and is hoping to see more successful companies in the market that went through the incubation system.

 

Law and taxes

Young entrepreneurs often lack understanding beyond the product they are dealing with. They do not factor in some things like taxation and law that could possibly hinder their progress. While the idea could be perfect, lack of skills and knowhow about law and taxation could bring the business down, should there be a contravention of any section of law. This is why the Swiss Startup Factory offers support to entrepreneurs to ensure they understand about law and the impact it could have to the progress of the business.

 

Branding

Design and presentation is something that matters a lot in business. How the product is presented and designed determines the first impression that will be created and whether it will get as many sales as required. Through the Swiss Startup Factory, the ideas entrepreneurs present are shaped into products through creative design and presentation.

 

About Mike Baur

Mike Baur is a banker by profession who served in the Swiss private banking sector for more than 15 years before he exited to join entrepreneurship in 2014. He studied Finance and Banking but later went for an MBA at the University of Rochester. Mike Baur also received an Executive MBA from the Bern University.

 

 

Madison Street Capital Secures a Sound Minority Recapitalization on Behalf of the Renowned ARES Security Corporation

The global investment firm, Madison Street Capital, took the role of exclusive financial advisor in planning a debt investment for its long-term customer, ARES Security Corporation. Situated in Vienna, VA, the prominent ARES Security Corporation is a security risk management heavyweight that provides wide-ranging security software solutions. Madison obtained the recapitalization from Corbel Structured Equity Partners. CEO of Madison, Mr. Botchway, announced the recapitalization transaction on January 10, 2017. Reginald McGaugh, the managing director of Madison, was the supervisor of the transaction.

 

McGaugh’s declarations

 

McGaugh thanked the president and major shareholder of ARES Security, Ben Eazzetta, for his collaboration and efforts of making the transaction successful. He stated that ARES Security is a premier firm that offers sufficient security to the world’s precious assets. McGaugh said that Madison has succeeded in matching ARES Security with the suitable financial partner.

 

Ben Eazzetta’s opinions

 

Ben applauded Madison Street Capital’s group of talented experts for their commitment and efforts in handling the recapitalization transaction professionally. He said that everyone at ARES Security was impressed with way Madison handled the entire process, from the initial due diligence, the assessment, to the capital creation. Ben could not hide his excitement for obtaining a new capital structure.

 

ARES’ objectives

 

ARES plans to partner with Corbel to develop investment that will boost the equity value significantly. ARES Securities will maintain its sales at a higher level by leveraging Corbel’s robust capital solutions and supportive collaboration. The firm will also take advantage of diverse revenue opportunities that Corbel’s extensive network has to offer.

 

 

Madison Street Capital

 

Madison Street Capital is one of the trusted middle market investment banking companies. Its team of specialists has a deep background, extensive experience, and deep connections. The company is a powerhouse of corporate finance, recapitalization, and M&A advisory services. Situated in Chicago, Illinois, the investment-banking giant has instituted service centers in strategic cities of Asia, North America, and even Africa. Madison Street Capital reputation comes from cumulative years of experience in providing a variety of unique financial service, which includes restructuring services, buy and sell side services, business valuation services, and financial opinion services.

 

Professional expertise creates a noticeable difference in the field of investment banking and having served clients in broad range of sector, Madison’s veteran experts are aware that all circumstances need intense analysis and clear-cut recommendation. The company assists business owners who are planning to sell their businesses, acquire new companies, or develop a unique exit strategy. Additionally, the firm concentrates on improving lives within the community through engagement in numerous charitable initiatives. It is a long-term supporter of United Way, a community-based foundation that works in close collaboration with the local communities to resolve pressing issues.

 

 

CEO Bob Reina Leads the Way in Giving Back


Talk Fusion Diamond Rush Motivational Moments… by MollyJimenez

It’s rare that you meet a tech CEO whose only mission is saving lives. But that is the case with Bob Reina. He is set on not just saving people physically, but also mentally so they can live out and achieve their dreams.

He believes that those with success have a lot of responsibility as well. And it’s clear when you see his organization, TalkFusion (founded in 2007) that he started and is the CEO of. All of the associates working there embody his morals of changing peoples’ lives.

In fact, his company’s success allows associates to build their own futures, help their friends and family with money, and pay for medical expenses, among other things. Reina doesn’t stop with that though. He goes further by allowing each associate to donate a free account to a charitable organization of their choice. That charity then has access to a fully customized TalkFusion suite of video marketing, such as emails, live chat, newsletters and more. Reina feels that every voice should be able to communicate with the world.

On a personal level, Reina has broken records with his giving. He donated $1 million to the Tampa Bay Humane Society and he regularly supports orphanages and animal rights groups both at home and abroad in places like Indonesia. He hopes to relieve world suffering, and so does his team of individuals in over 140 countries worldwide.

Bob Reina is a ray of hope in a world full of selfish business people. He helps victims of earthquakes in Nepal and tsunamis in Japan. He does whatever it takes to serve his community. It is truly apparent that he cares on a deep level about making the world a better place. Sometimes, that is rare in today’s world.

Perhaps it is suiting that he began his career as a police officer. Then one day, when trying to send an email to a friend, he found a frustration he could solve. Founding his technology company was the way he could help more people than ever before.

Learn more: http://homebusinessmag.com/author/bob-reina/

Don Ressler Fabletics Brand is Cruising High

Fabletics has tapped into the market of people who are known for their love of Yoga pants. Currently, these pants are used by over one million people worldwide who prefer them over other clothing items because of their links to health and wellness. According to analysts, the US athletic market will increase by half to more than $100 billion worth before 2020 begins.

The athletic brands were introduced in the market by Fabletics, a company controlled by Don Ressler. According to Ressler, the company’s marketing experts conducted a thorough research to find a profitable market niche in what the company termed as an attempt to increase its dominance in the market and possibly increase its sales volume.

Since their debut in US market, the brands have become an integral part of the fashion industry while spontaneously enhancing fitness and healthy life among people of all ages. According to Don Ressler, the pants cost around $49.95.

About Don Ressler

Don Ressler is the co-founder of JustFab and CEO of Fabletics. JustFab is a fashion company that has dominated the US market for years now, and Fabletics is one of its brands. Through his craftsmanship and creativity, Don Ressler is widely known for a series of startups that have grown within a short time to become multi-million ventures. He was the mastermind behind the success of Intelligent Beauty and its divisions. In 2001, he collaborated with a 19year old Adam Goldenberg to start a company known as Alena Media. The company rose through the profitability indexes to raise more than $100 million in profits in its second financial year. He later left the company to explore fresh opportunities and build a brand for himself. This was when he co-founded Intelligent Beauty which surpassed its profit target within the first three years of its inception.

JustFab currently operates in a partnership venture to enhance its operations and build a portfolio of brands. Don Ressler is one of the CEOs of the company and has been instrumental in its development agenda. The company is already worth billions of dollars and is on its way to making its first half a billion dollar profit by the end of this year. Don is also a manager at FitnessHeaven.com Inc. and a board member in several organizations in Manhattan Beach. His good track record in everything he does is an important value he will live with for many years.

Update: JustFab becomes TechStyle Fashion Group

Mike Baur’s Swiss Startup Factory Has The Support Of The New FinTech Industry

The huge financial institutions and the archaic systems they stand behind, as well as the fact that there is an enormous amount of money at stake has cultivated a new area of growth in the financial industry. The FinTech companies that seem to be popping up out of nowhere are easing the payment processes, saving users money, reducing fraud and promoting a new way of financial planning, and that is stimulating the interest of people all over the world.

One former Swiss banker, Mike Baur, is astutely aware of what FinTech companies are doing to the banking industry. Baur spent 25 years in the Swiss banking industry, and he was good at it. Baur was so good he developed a list of clients that stuck with his investment advice for years, and they were happy they did. But Baur had bigger plans. Mike Baur was born to manage his own business, and when he found the right vehicle to manage, he jumped at the chance.

While Baur was working for Sallfort, the equity investment firm, he noticed that several new tech companies couldn’t get the help they needed from banks and other investors because there were parts missing from their concepts and ideas. Baur told a news reporter that he decided to help companies that had excellent ideas but were missing things like solid operational experience, or human resource knowledge. Other things like networking capabilities and a lack of investor financing hurt some of the other companies that Baur thought could be profitable if they followed the program he established in his new company, The Swiss Startup Factory.

The Swiss Startup Factory gives new companies the expertise they need to move to the next level in their industry. Baur’s company offers a three-month accelerator program that provides office space, office equipment and a series of intensive courses in financial management, accounting, networking and investor information. Most of the companies that complete the program start to see results in their balance sheets almost immediately.

Baur has been offering the Swiss Startup Factory programs for the last two years. The word spread that there was a company that could help new startup companies turn their concepts into interesting solutions for simple challenges. Most of the companies that complete the Swiss Startup program are doing business in Switzerland, but they have plans of expanding into the global market. Baur said showing companies how to compete globally is the main goal of the Swiss Startup Factory.

At SALT 2016, Kyle Bass Likens Existing Market To March/April 2007

In 2008 the sub-prime lending crisis led to an economic collapse that reverberated throughout the globe. Kyle Bass became well-known because he, among many others, predicted the imminent collapse. He also had insider information which he shared with the media, and which is arguably responsible for tipping the scales enough to begin the meltdown. Bass is a controversial figure for this and many other reasons.

Recently at SALT 2016, Bass was involved in a Q & A session with several other financiers also prominent in their fields. While there were sounds of agreement to some of what Bass said, there were also those which disagreed. One financier noted four things indicating the presence of a bear market, and said none of those things were currently visible. Bass pointed out a fifth possibility which could also indicate a coming bear on Wall Street, and that was financial bubbles. Bubbles always burst, and Bass sees several in areas like fixed income, energy, and loans. Specifically, he notes that China has been doing the same kind of thing America did before the 2008 collapse, financially. He likened the current economic climate to that of March/April 2007, the implication of which being a similar meltdown to 2008’s collapse could happen in the next 18 months.

Is Bass accurate? Well, he may be, but for what reason? Bass is commonly identified as a stooge to Cristina Fernandez de Kirchner. De Kirchner is president of Argentina. She has been responsible for the country economically defaulting twice in just 13 years. Somehow, Bass has nothing but good things to say about her, which is exceptionally suspicious given his status as hedge fund manager. Shouldn’t he be skeptical of practices that push a country into default? It seems there are ulterior motives at play.

Bass is also the man responsible for pseudo-humanitarian group CAD, or the Coalition for Affordable Drugs, which acquires petitions and the like geared at decimating prices among pharmaceutical organizations. The end result is a substantial drop in stock value. Bass appropriately short sells his holdings with the pharmaceutical organization in question and makes millions.

Solo Shah RecapHedge Fund Managers Live For And Invest In Risks And They Are Often Rewarded Handsomely

Hedge fund managers have been criticized for their ability to make money, but there are a lot of circumstances that must come together for those investors to make the big bucks. Men like billionaire George Soros and Sanjay Shah put a great deal of effort into identifying the risks that produce the greatest rewards. That’s not an easy job. A group of London hedge fund investors made a bundle of cash in 2011 when they bet the European debt would increase, and the euro would depreciate.
The UK Sunday Times published an article about the 18 investors at Capula Investments and the fact they shared a £92m bonus. The thought of splitting a bonus that size didn’t sit well with the working class that doesn’t understand the risks that were taken to secure that bonus. That same article mentioned Sanjay Shah and the fact that he made £19m that same year.
Sanjay Shah is a London-based hedge fund investor that decided to start his own firm in 2009. Shah called his new firm, Solo Capital, and he used the experience and the talents he fine-tuned while working for Credit Suisse, Merrill Lynch, and Morgan Stanley. Trying to get a new hedge fund off the ground isn’t easy, but Shah knew that there were investment opportunities in emerging markets. Shah took advantage of those opportunities, and today he owns more than 36 companies in Malta, the British Virgin Islands, the Cayman Islands and Dubai.
Solo Capital is a thriving investment firm these days. Solo has more than £67 million in assets under management and a cash flow that exceeds more than £30 million. The investments Solo Capital has made turned Sanjay Shah into a wealthy entrepreneur and philanthropists. Autism Rocks, the non-profit organization Shah founded to help research the causes and the cures for Autism, has been one of the bright spots in his successful career. Shah picked Autism because his son has the condition.
There is always a lot of talk about the amount of money hedge fund managers like Shah make, but there is never enough talk about the money they donate or the time they spend helping others.

Reina Pushes For 30 Day Free Trial

On April 12, 2016 Talk Fusion launched the much anticipated 30 day free trial. The free trial will cover all of the different tools that the company has to offer and it will be available globally. Currently, the company has associates and distributors in more than 140 different countries. An article from Business For Home explained the benefit of this free trial. Essentially, it will allow potential customers to get the complete experience of every single product for long enough to actually see a benefit from it.

Within several days of launching the trial, the company was surprised by the number of individuals taking advantage of the option. This rush of activity has them confident that the free trials will slowly turn into long term memberships.

Another benefit of the free trial that Chief Executive Officer, Bob Reina, pointed out is that the trial also allows more flexibility for distributors. Every distributor does not have to be an expert on every single product. When a potential customer has the ability to try the product out for themselves, they will very quickly understand the benefits they can receive from these tools. It also allows for distributors to more easily introduce those who might not have been interested because of the price.

Bob Reina founded the company in 2007. Prior to starting his own business, Reina was a police officer. He was very proud that he was able to serve his community but he was not thrilled with the pay. To supplement his income, Reina decided to try out direct selling. Reina was with various direct selling opportunities and he succeeded with all of them. He did not have the intention of starting his own direct selling opportunity until an idea came to him. Reina was attempting to embed a video into an email but was not able to do so. He and a friend in the IT world got together and came up with a solution. Reina figured that others would like to have the same capability and Talk Fusion was born.

Learn more about Bob Reina