Stream Energy : Creating “Stream Cares”

When companies lead on giving back to their communities, only good things come out of it. Stream Energy, an energy and phone plan provider in Texas has recently caught the attention of not only the public but the business world as well. The reason, a move to create a new branch of their company named “Stream cares”. This new branch will focus solely on philanthropic ventures within the community. Lately they’ve had no difficulty in energizing their associates, in fact, many of their current employees volunteered to help out during the recent floodings in Houston caused by Hurricane Harvey. Partnering up with other organizations such as the Red Cross of America and Habitat for Humanity, Stream Energy was able to bring much-needed aid to the people of Houston.

As stated before, other companies in the area have been intrigued by the actions of Stream Energy, so much so that CEO’s have hired advisors to attempt to emulate their methods. Of course, with anything in life, something has to be the motivation other than wanting to help your community. Because other companies have seen the potential for brand loyalty and respect, the investment in charitable foundations is worth it. However, for Stream Energy, many believe they still have a leg up in this race, and the reason comes down to their very different business model.

Stream Energy associates are tasked to make connections within their communities in order to offer fixed rate energy plans and or phone plans to go along with it. Because of these close connections with their customers, many associates will go on to form passion projects, some being backed by Stream Energy themselves. There is no doubt that Stream has changed the landscape of Texas business. Although some might feel jaded by the pursuit of wanting a good brand name, in the end, both the community and the company come out as winners.

https://www.bbb.org/us/tx/dallas/profile/electric-companies/stream-energy-0875-90018895/accreditation-information

The Legitmate Investment of Freedom Checks May Pass You By

The time is still ripe to invest in Matt Badiali’s freedom checks. As the natural resource markets prepare for over $60 billion dollars in tax benefits, would-be investors can take advantage now and be a part of the payout. At least that is what Badiali’s ads are claiming. Although the fat check he holds up is enticing, many people still do not know enough about freedom checks to be comfortable. But freedom checks are not a scam, and anyone who has spent time researching them has discovered that.

Freedom checks are an actual investment in what are called MLPs. MLPs, or Master Limited Partnerships, are essentially an investment perk few know about. Under a specific tax statute private companies can file as MLPs and take advantage of significant tax breaks. The breaks allow them to operate with the working capital of a publicly traded business, and they also allow them to only be taxed on 10% of their profit. In order for that to happen the company has to dispense 90% to its group of investors. This is why Badiali says there is over $60 billion coming to the market, because all the companies who operate as MLPs will be dispensing profit. Watch this video at Youtube

The way that investors get involved is by purchasing stakes. In order to operate as an MLP the company has to option stakes to the general public. Each stake is a small percentage of the company. There are two kinds, the only difference being that one has controlling interest. The stakes released to the public do not have controlling interest, the company itself keeps those. The available stakes can be bought for as low as ten dollars. Once purchased an investor just has to sit back.

The 90% is disbursed in monthly to quarterly increments. The amount received is related to the amount invested. The fat check Badiali holds up is related to a large investment, it is also boosted by the larger amount that comes back. Even small investments can double or triple because of the 90% out pour. This is why Badiali calls Freedom Checks a huge cash grab.

Visit: http://www.metropolismag.com/uncategorized/freedom-check/

 

Why Fortress Investment Group Gave $20 Million to iPass

Fortress Investment Group is one of the largest private equity firms in the world. So when Fortress decides to invest in a company, it catches the attention of Wall Street Recently, the massive private equity firm decided to invest $20 million in a start-up company known as iPass.

So what exactly is iPass? This company is a leader in the wi-fi, hot-spot service space. Currently, there are several hundred million wi-fi hotspots around the world. iPass allows its clients to gain access to many of those wi-fi hotspots at a reasonable price. As the number of wi-fi hotspot continue to rise, iPass is poised to gain from the market growth.

Fortress Investment Group is well known for cutting checks to companies that show great promise. Seeing the surge in wi-fi hotspots, Fortress decided to invest $20 million in the iPass. The iPass CEO and President, Gary Griffiths, recently spoke about the Fortress investment. Mr. Griffiths said that the Fortress investment will allow his company to focus on growing revenue and closing the gap to profitability. Currently, iPass has immediate access to $10 million of the $20 million dollar cash infusion from Fortress Investment Group.

The iPass business model operates much like a software as a service business or SaaS. The company provides unlimited data service to unlimited devices at a competitive price. This service allows customers to access 64 million hot spots worldwide. iPass is currently listed on the Nasdaq under the stock symbol IPAS. The company’s annual revenue is $51.5 million dollars with 158 employees on their staff.

Fortress Investment Group was founded in 1998 by Wall Street executives Wesley R. Edens, Randal Nardone and Rob Kauffman. The company grew quickly over the next decade. On February 9, 2007, Fortress made history as the first large private equity firm to go public on the New York Stock Exchange. Today, Fortress Investment Group manages over $70 billion dollars through their hedge funds, credit funds and private equity holdings.

To know more click: here.

A Success Story for Paul Mampilly; Very Touching.

Paul Mampilly was born in a very minute village in India. He was brought up in a very humble background because his father never had the privilege to undergo enough formal education. Due to increased life challenges, his father relocated all his family to Dubai in a quest for greener pastures.

Luckily, there in Dubai, the economy was undergoing very rapid growth because the country had recently started oil mining. This positively impacted the family’s living standards, an aspect that enabled both Paul and his sister to complete and advance their education to college and university level. Follow Paul Mampilly on Stocktwits.com

From 1986-1991, Paul Mampilly was pursuing his Bachelor’s Degree in Business Administration at the Montclair State University. He later advanced this by acquiring a Master’s Degree in Business Administration from the Fordham Gabelli School of Business.

Immediately after completing his undergraduate degree, and while still pursuing his Masters,  Paul Mampilly started working for Wall Street as an assistant portfolio manager but was then promoted to a full Portfolio Manager. He later transitioned to Deutsche Bank as a research assistant when the bank acquired a Bankers Trust. It was when working as a research assistant at the Deutsche Bank that Paul Mampilly understood the importance of conducting due diligence before making any investment decision.


After working for the bank for a while, Mampilly moved to ING where he started working as a Senior Research Analyst. Here, he was moved up the ranks to the extent that he started managing large investment portfolios worth millions of dollars.

After working for ING for a while, he was later recruited to manage a hedge fund by Kinetics Asset Management. This is what saw Paul Mampilly break the world record by having one of the best hedge funds worldwide, as indicated by Barron’s Magazine. This was after he grew the company’s portfolio to over $25 billion in assets under management.

Despite all this achievement, Paul still felt that his investment knowledge and assistance was being enjoyed only by the already well-off investors. He decided to retire from portfolio management and joined Banyan Hill Publishing as a senior editor. Apart from this reason, Mampilly also felt that he needed to spend more time with the family and so this decision was ultimate.

Since then, he started dispensing his knowledge using financial acumen in the form of investment newsletters. This way he feels that his benefits can be accessed by common Americans at prices that they can afford and hence promoting their living standards in general. Check: http://inspirery.com/paul-mampilly/

 

Louis Chenevert: A True Image of Success in Leadership and Business Achievements

Louis Chenevert is the former chief executive officer and Chairman of United Technologies Corporation. His service in the company has been felt for often serving at different positions. In 2008, he became its chief executive officer and president. In 2010, he was elected as the chairman, and he served through until he retired in 2014. In 2006, Louis Chenevert served as president, chief operating officer, and director at the same company. Before joining United Technologies Corporation, Louis Chenevert served at Pratt & Whitney as the president from 1999 to the year 2006. He had earlier served for 14 years at General Motors as well before joining Pratt & Whitney in the year 199. He was the production general manager in the firm. Among other leadership positions he held were, senior industry advisor at Goldman Sachs Merchant Banking Division from 2015 to 2017. He is currently a Business Council member. Louis is a former member of the chief executive officer forum of United States-India. He also successfully serves at Cargill Inc.in the board of directors since the year 2011.

Louis Chenevert has a degree in Bachelor of Commerce in the sector of production management. He went to the University of Montreal. He proudly owns an honorary doctorate from the exceptional University of Montreal, which he received in 2011. He serves on the international board of HEC Montreal. Louis is known to be the chairman and founding director of Friends of HEC board of directors. Some of the lifetime achievements that he rejoices in are the successful arrangement of acquiring Goodrich Corporation. This was a manufacturing company for aeroscope. He spent his time and energy in overseeing, negotiating, purchasing, and discussing the details of the deal until it was finally met. Through an interview, he responds to how ideas come to reality in his hands in an exciting manner. Louis points out that his focus is mainly on engineering and operational talent. He focuses on them to bring the best results and exceed the expectations of their clients as well as produce revenue in the company. One of the most exciting trends to Louis are the technologies. It excites him how the technology has been able to bring a high speed in changes and accelerating the success of companies.

https://www.bloomberg.com/news/articles/2015-09-08/goldman-sachs-hires-former-united-technologies-ceo-chenevert

Investment Advisor Igor Cornelsen Has Had A Long Career

There was a time in the world where Russia had a lot of debt and had not paid it off yet. Everyone in the Brazilian investment world thought that they would default on the debt and never pay it back. That is, everyone except for investment banker Igor Cornelsen who was born in Curitiba Brazil. Igor has a different way of thinking than most investors in Brazil. He sticks to the facts, and loves reading Reuters because they just state the facts as they are. He bet that Russia would pay back its debt, and sure enough it did. He was handsomely rewarded, and this example shows his character and logical way of thinking in which some others do not. Read more at wikidot.com to know more about Igor Cornelsen

Igor Cornelsen started out his career by taking engineering at the federal University of Parana. He eventually graduated with a degree in economics, but it is the combination of these two which has propelled him into success over the years. He started out at the bank named Multibanco; He worked his way up to a seat at the board of directors, and two years later in 1976 he became the president and CEO. So ultimately, having accomplished such a great feat, life was good for Igor Cornelsen. Then in 1985, Bank of America bought out the bank and he was forced to look elsewhere for work. He eventually looked at the largest bank in Brazil, which is named Unibanco. He stayed with Unibanco for a couple of years until he found a position at Libra Bank. He left Libra Bank to ultimately join Standard Chartered Bank.

Standard Chartered Bank is one of the best banks even today based out of Singapore. Singapore is a great financial center which has ties to London: the monetary center of the world. During Great Britain’s Colonial Empire and era of expansionism, they made their way into Singapore and established great ties with the banks there which still extend today. Knowing this and the great reputation that Standard Chartered has, Igor Cornelsen stayed with Standard Charter for 7 years before venturing out onto his own. Igor now provides individual investment advice at the same high level at which he used to provide for all of the banks. Visit: https://www.resumonk.com/igorcornelsen

 

Ted Bauman: Tax Tips For 2018

Ted Bauman is an Editorial Director for Banyan Hill Publishing Company. The course of his career has been interesting and has seen him serving as a consultant for several national governments and even the United Nations. He first received his formal education in the field of economics from the University of Cape Town in South Africa. He moved to South Africa immediately after high school in pursuit of new opportunities. At the time his father was a member of the U.S. Congress.

He first became a member of Banyan Hill Publishing Company upon receiving an offer from his father who wanted to choose him as a replacement for his position at the company. Today he is the editor of Banyan Hill Publishing Company’s most widely read editorial publication The Bauman Letter as well as a regular contributor to several other publications including Alpha Stock Alert. In The Bauman Letter, he aims to inform readers of new investment, legal, and personal strategies that allow innovative ways to preserve insecure wealth. In Alpha Stock Alert he utilizes algorithmic trading systems that of been developed upon consultation with some of the best experts on Wall Street. Visit Ted Bauman on Facebook for more updates

Ted Bauman is known for his ability to provide a much broader perspective on market developments than a conventional stock analyst. He uses disability in order to fuel his investment advice. He has recently looked into the developments that are undergoing in the tax code of the United States of America. As a result of Congress recently passing the Tax Cuts and Jobs Act a number of important changes have been made to the tax code.

It is important that you understand these changes as it will be possible in the coming years to save significantly on your taxes. For example, the standard deduction will increase to $24,000 which is double the rate that it has been for the last several years. Business owners will most likely be able to experience much larger deductions on their taxes due to the fact that partnerships, S corporations, and LLCs will be able to subtract 20% from their profits in 2018. As a result, he believes that it is prudent for business professionals who own private practices to set up pass-through companies and to push profits through these companies while minimizing their own personal salaries. By doing so, you will be able to minimize your overall tax liability and save significantly on next year’s taxes.

To view full interview of Ted Bauman, click:https://ideamensch.com/ted-bauman/