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Business

The Devos Family Entering into the Liquor Business

Posted by ACioe1 on

Dick and Betsy DeVos, a very influential and wealthy couple from Grand Rapids, Michigan are embarking on a process to break into the world of liquor sales. The DeVos couple owns a holding company called the Windquest Group, which buys shares of companies in return for shared control and influence in decision making. There most recent move was to acquire the Coppercraft Distillery. This Holland Township based company has been in business since 2013 and is looking to expand its operations. As of now, the license transfer has been approved by the LLC and the DeVos are now “registered agents” of the company although no further information is being given by the DeVos couple or the owner of Coppercraft Distillery. It will be time before operations can continue due to the liquor license approval process that is underway for Dick and Betsy DeVos. It is a bright future for both the Coppercraft Distillery and the Windquest Group as they continue to expand their experience and influence. 

Dick DeVos hails from Michigan and is an entrepreneur at heart. He is the son Richard DeVos who was a co-founder of Amway, a direct seller of home care and self care products. Dick took role of CEO for the Amway company for just shy of a decade from 1993-2002 and increased the success and sales. Read more about his time at Amway here: http://www.mlive.com/news/grand-rapids/index.ssf/2010/09/amway_heir_dick_and_betsy_devo.html

Dick and his wife Betsy DeVos are work with the Windquest Group that was grown to be a very successful holding company with which he is still doing work. To be sure, DeVos’ leadership experience spans further than distribution companies. When his family acquired the Orlando Magic basketball team, Dick became the CEO and President for the team, according to his New Netherland Institute profile.

Dick DeVos is married to his wife Betsy and have a few children. They live in Grand Rapids, Michigan and have a strong influence in the community both in business, charity and the political realm. Their businesses create countless jobs in the area for local residents. In addition, they have become one of the most well recognized donators in the area. It has recently been released that their total donations add up to about $1.2 billion. One of their targeted donations has been $36 million to Grand Valley State University to provide an example. In the political realm, Dick is very influential as well. He works directly with Grand Action which is a group interested in improving the downtown area. He is also closely associated with school reformation and has even founded an aviation charter school in the area due to his interest in flight. Dick is also an avid sailor who has won many championships for his abilities.

Congratulations to the recent Melges 32 Gold Cup participants and winners—what a thrilling race against incredibly talented sailors!

Posted by Dick DeVos on Monday, February 15, 2016

Giving Back

People Need Operation Smile GoFundme To Provide Dental Health

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Avi Weisfogel is a very important part of the dental society. He is helping people understand how the teeth can affect your sleep. He is also helping people that can not afford dental work. Working with Operation Smile and the other medical professionals that want to help under-privileged individuals receive the care they need. Avi Weisfogel began his work in 1999 when he opened the Old Bridge Dental Clinic in the state of New Jersey. Graduating from New York College has helped him to become accustomed to disorders that may need further help. People that have difficulties sleeping are probably suffering from sleep apnea.

Dental professional, Avi Weisfogel is the owner of Dental Sleep Masters and he also owns The Healthy Heart Sleep working with sleep issues. Dentists are aware that a tongue and the teeth can affect sleep. During sleep, the tongue can fall into the back of the throat covering the windpipe. This causes people to stop breathing. Treating sleep disorders is something Avi Weisfogel does daily. He is proud to know how much he is helping others but he is spreading himself thin. Read the original article via the link, http://www.pr.com/press-release/653683. Read all about him and all of his ventures.

Having time for his favorite sports is rare but he does enjoy an occasional game. His favorite teams are the Los Angeles Dodgers, The Cleveland Browns, and the New York Rangers. If Avi Weisfogel can train enough dental professionals he could possibly take more time to enjoy these activities. For now, Avi continues to work with dentists to provide the low cost and free dental work. He also is working with Operation Smile to provide volunteer dental procedures on the roaming mobile unit. This unit is heading to the inner cities and homeless camps to provide people with basic dental care. Gofundme for Operation Smile is something the dentist are hoping will provide enough funds to help hundreds.

People that are in need of dental care will usually go to the dentist. If these people are homeless or very poor, they will likely not go to the dentist. They will usually have cavities and teeth that are rotting out of their mouth. Operation Smile could help so many of these people avoid losing their teeth. Why not donate to the cause. Volunteers are ready and waiting to head out to help people around the world with their dental issues.

Follow Avi on Twitter and Facebook to stay up to date on his GoFundMe campaign.
Schools/Giving Back

Keith Mann Funds Excellent Scholarship Program for Charter School Seniors

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Keith Mann is quite busy with his duties at Dynamics Search Partners. Finding the right executive to fit a major company requires a lot of work and effort. Keith Mann does take time away from his important duties to help those students in the New York area who would benefit from a scholarship. The Keith and Keely Mann Scholarship for Professional Achievement is designed to help cultivate the next generation of business leaders. Maybe one of the students who receives the scholarship will end up being recruited by Mann’s firm some years down the road.

Mann has announced the scholarship through a press release in BusinessWire.

The scholarship is the result of an effective partnership between the Keith Mann and Uncommon Schools, a management organization that specializes in charter schools. Uncommon Schools’ non-profit organization works with several charter schools in the Brooklyn region.

At each affiliated charter school, one graduating senior will receive the scholarship. The scholarship is a competitive one, and will be issued to the student(s) who craft a very well-written essay as part of the application process. The topic of the essay focuses on how a college degree would be beneficial to career paths. Students who craft compelling essays that answer the question in an interesting and moving manner are surely to stand out.

Keith Mann understands the importance of finding talented individuals with good business and executive acumen. As the director of Dynamics Search Partners, he is always looking for the best professionals suited for executive roles. He realizes a number of those budding executives of the future are studying at local charter schools right now. Awarding a scholarship of $5,000 to one of them could send that young person down a path of great business success.

Follow Keith on Facebook, Vimeo, and Twitter to stay up to date on his philanthropic endeavors.

This article recapped http://www.businesswire.com/news/home/20160125006525/en/Keith-Mann-Announces-2016-Scholarship-Professional-Achievement

startups

Handy Is The Best Company To Do Cleaning In My Home

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I found that my home is getting untidy, and I’ve gotten to the point where I can’t handle all the cleaning that I have to do. I have a one story home that has three bedrooms and four bathrooms, but I’m still having a problem keeping the place clean. After having a messy home for several weeks, I decided that I was going to get a cleaning company to come in and make my home look spotless for the first time in a long time. I did some shopping around for cleaning companies, but I chose to go with Handy.

It didn’t take me much time to pick Handy over every other cleaning company that I found because Handy has a screening process that allows them to pick the best workers, which is something that I really liked. The next best thing is the fact that the workers are professional, and I also like that they are insured because I didn’t want people coming into my home that would break something and not be able to pay for it. I also am glad about the fact that Handy has several home services that I can utilize other than home cleaning.

I started setting up my account and found that I was finished in less than a minute. Once my account was created, then I checked their services, but for now, I only need the cleaning services, but I definitely thought about the assembly services because I had planned on buying furniture in the future. I set an appointment that was three days later, and I was happy when the worker came out because they were on time. I had an engagement a few hours later, so I asked the worker to get done as soon as possible, but they were done within two hours.

I started looking around my home to see the work they had done, and I was truly impressed. Everything looked wonderful, and my house hadn’t looked that clean in a long time. I praised the worker every time I went into another room because I was very happy with what I was seeing. Before the worker left, I chose to give them a $20 tip, and I decided that I was going to have Handy come out to my home as often as possible to keep it clean, especially since I like to entertain once in a while.

Follow Handy on Facebook and Twitter today!
Business

Surprising Highland Capital Management’s Q3

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On 3 February 2016, James Dondero’s Highland Capital Management released it Q3 (third quarterly) financial report. Their overall hedge fund portfolio suffered a reduction to $3.42 billion from its previous quarter at $4.91billion. This simultaneously affected their allocations to various sectors that fall under the hedge fund portfolio. The reductions are as follows: Healthcare at 20%, Information technology and finance at 18% each, energy at 12% and lastly, consumer discretionary at 10%. These sectors have allocations, which are below the previous quarter.

Additionally, the company sold out its stock in Spdr Series Trust, Nexpoint Cr Strategies Fd, Mckesson Corp, Envision Healthcare Holdings, and Laboratory Corp Amer Holdings. However, it is unclear what the reasons for the sale of their stocks were.
However, it the company did not suffer losses only with their reduced portfolio. Between the Q2 and Q3, the company made purchases to several companies, therefore increasing their assets. These companies include Spdr S&P 500 (1.96%), Amazon Com Inc (0.68%), Eagle Pharmaceutical Inc (0.52%), Danaher Corp Del (0.5%) and Intra cellular Therapies Inc (0.46%).

James Dondero, commonly known as Jim, is the co-founder of the Highland Capital Management. He started the company in 1993 and has continuously led the company. Jim started out as a Certified Financial Analyst before starting the company. He majored in Accounts and Finance in the University of Virginia and graduated with the highest honors. Initially, he worked for American Express as a Portfolio Manager. Moreover, he worked on GIC subsidiary as a CFA analyst. With the experience, Jim Dondero is a designated user of the CFA title.

Moreover, James Dondero is one of the pioneers to use Collateralized Loan Obligation. He also is a member of the Board of Directors at American Banknote and MGM. James Dondero is importantly the chairperson of the Board at NexBank and CCS Medical Corporation.
Apart from working like a CFA analyst at Highland Capital Management, he is also a philanthropist. He gives back to the society by supporting veteran affairs, public policy and education. His works have influenced many people especially the young, and he continues to do so.

References
Octafinance,. “HIGHLAND CAPITAL MANAGEMENT Top 10 Holdings In Q3 2015 – Octafinance”. N.p., 2016. Web. 16 Feb. 2016. via http://www.octafinance.com/highland-capital-management-top-10-holdings-in-q3-2015/352793/

Fashion/Women in Business

Doe Deere: Beauty Boffin

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These days, more and more people are raging against the machine by developing an unconventional aesthetic appeal that gives them a distinct identity while demonstrating the presence of a divergent ideology. One individual who has adopted this approach to the beauty world is Doe Deere. As a beauty boffin whose deepest passion is exploring how cosmetics and clothes can be appropriated to give an individual a distinct appearance, Doe Deere is all about breaking rules that pertain to fashion and clothing. Here are just a few of the rules she likes to break:

1. Don’t Mix And Match Too Many Colors.

Many fashion experts say utilizing too many colors with one outfit is over the top. Doe Deere begs to differ. She loves putting together a wide range of colors for the purpose of developing an iconoclastic, original aesthetic that shows the world how distinct and different the aesthetic realm can really be.

2. Dress Your Age.

Doe Deere kissed this rule goodbye a long time ago. She believes that anyone can wear anything, even clothes that are deemed indigenous to a specific age group. One of Deere’s biggest icons is Betty Johnson, and she loves how the fashion expert still wears tutus now that she has reached her 70s.

3. You Can Only Wear Clothes That Are Appropriate For The Occasion.

Deere disregards this rule. She loves wearing dressy clothes to casual events. She believes that clothing items can be enjoyed at any time, meaning that they don’t have to be reserved for special events.

More On Doe Deere

As an individual who has been in love with the world of fashion and beauty since youth, Doe Deere’s passion for these realms remains strong.

These days, Deere is pleased to have turned her passion for fashion into a business. Called Lime Crime, the business is all about providing people with top notch cosmetics which enable them to create a unique look that sets them apart.

Business

Security is Tightening Up at Wall Street

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In one of the most intense work environments throughout the country, Wall Street is starting a new trend by tightening up security with giving more liability to compliance officers with illegal activity by traders. In light of recent scandals where compliance officers were found to be responsible for some critical mistakes, the SEC administration along with New York State governor Andrew Cuomo wants to be able to charge compliance officers for mistakes that occur on their own watch.

Compliance officers in general feel that this is unfair as they feel singled out for being responsible for mistakes that are not always controllable on their part. Many large banks and corporations have hired compliance officers to avoid massive fines. However, many compliance officers will argue that getting banks to adapt to a legal process is cumbersome and a long term adjustment. However, there is concern that companies who hire compliance officers are providing them high salaries to act as independent as possible and to limit communication they have with the chief officers of companies to limit knowledge of such violations.

The corruption in company compliance was well addressed from 1999 to 2007 when Morrison was a regional SEC director that headed securities enforcement, as well as litigation and regulatory issues. Helane Morrison pointed out that some companies were practically buying real estate from themselves that were creating false profits, while other companies were found to not have a substantial amount of their own employees actively engaged with insider trading. (quotehd) These are some of the compliance issues that went unnoticed that have led to major fines for some companies, while others got away with illegal schemes.

Morrison, who now works as Managing Director, and Chief Compliance Officer of Hall Capital Partners LLC, has represented the SEC in legal, business, and financial communities, along with numerous government agencies and media outlets. It is through Morrison’s testimony and historical data that the necessity that it is necessary to start holding Compliance officers liable for trading violation in an effort to force these officers to push harder on the companies they monitor to perform business in a legal way.

To read more about Helane’s career and life check out her LinkedIn profile or click on the following link: http://www.projecteve.com/helane-morrison-shattering-glass-ceiling-corporate-world/

Schools/Forbes/Business

Prominent Business Professional Ricardo Guimaraes of BMG Comments on the Forbes List of US Ivy League MBA Programs

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by Ricardo Guimarães

If you’re like many young professionals, it’s hard to know what to do to get that edge you need in the business world. However, even if you don’t have the most captivating personality or a genius understanding of money or technology; you can still achieve great success in business by getting your MBA. In addition, your MBA training is practical training in all aspects of business management including:

-The ethical aspects,
-The functional aspects, and
-The analytical aspects

If you’re interested in the best programs out there, here’s what to expect:

1. Want to attend Stanford Business School? Plan to shell out $126,000 annually; make sure to score at least a 730 on your GMATs; and work hard. Stanford’s graduation rate is only 7%.

2. Want to attend Harvard Business School? Plan to shell out $139,000 annually; make sure to score at least a 730 on your GMATs; and work hard. Harvard’s graduation rate is only 12%.

3. Want to attend The Booth School of Business? Plan to shell out $128,000 annually; make sure to score at least a 730 on your GMATs; and work hard. Booth’s graduation rate is only 24%.

4. Want to attend The Warton School of Business? Plan to shell out $137,000 annually; make sure to score at least a 728 on your GMATs; and work hard. Warton’s graduation rate is only 20%.

5. Want to attend The Haas School of Business? Plan to shell out $110,000 annually; make sure to score at least a 720 on your GMATs; and work hard. Haas’ graduation rate is only 20%.

6. Want to attend The Tuck School of Business? Plan to shell out $139,000 annually; make sure to score at least a 730 on your GMATs; and work hard. Tuck’s graduation rate is only 12%.

7. Want to attend The Yale School of Management? Plan to shell out $124,000 annually; make sure to score at least a 720 on your GMATs; and work hard. Yale’s graduation rate is only 24%.

8. Want to The Kellogg School of Management? Plan to shell out $127,000 annually and make sure to score at least a 720 on your GMATs. School officials don’t list graduation rates for Kellogg.

9. Want to attend Columbia Business School? Plan to shell out $136,000 annually; make sure to score at least a 716 on your GMATs; and work hard. Columbia’s graduation rate is only 18%.

10. Want to attend The Leonard N. Stern School of Business? Plan to shell out $131,000 annually; make sure to score at least a 710 on your GMATs; and work hard. Leonard N. Stern’s graduation rate is only 10.8%.