Browse Month: August 2016

Mike Baur : Tips on How to Build a Successful Business

There is peace with knowing you live in a country with a healthy economy. Entrepreneurs and business persons are majorly responsible for the growth of a country’s economy. Entrepreneurs invest in companies hoping to earn a profit. However, the high-risk takers need skills for them to succeed in business. This article is perfect for young business minded people who have entrepreneurial ideas but need startup lessons for future success.

Mike Baur is the co-founder and managing partner of Swiss Startup Factory. Besides, he is a motivational speaker for Investor Panel at the WORLDWEBFORUM, an organization committed to mentoring the youth. Mike Baur implemented the Swiss Startup Factory three-month programs to mentor potential entrepreneurs. The Swiss Startup Factory offers the startup program in workshops to develop business plans for attendees. The program provides the following services:

Co-working spaces

You succeed better when you involve like-minded people by sharing your workstation. We attract what we are hence people sharing a vision will amerce resources to develop an excellent business idea. The workstation contains affordable office desks and seats, inclusive of board rooms.

Accounting and Financial Advice

As a young entrepreneur in the market, you must understand your business’s financial position. This class offers entrepreneurs with lessons in, VAT reporting, cash flow, financial statements, profits and losses, payroll management and financial health reviews.


As an entrepreneur, you need someone with a like-minded vision to emulate. Your mentor should be your accountability partner.A mentorship lesson at Swiss Startup guides entrepreneurs on their selection for mentors. Mentors are partly responsible for the success of your business.

Investment and Entrepreneurial Network
The purpose of the unit is connecting entrepreneurs with fellow entrepreneurs by providing contacts. It is easier to succeed when you understand your niche and rub shoulders with a team you share a vision. Also, you can share business ideas and accomplish as a team.


Coaching provides you with a better understanding of your business idea, expectation, risks, management, and evaluation. You will know how to handle losses or how to deal with employees in your firm. Coaching sharpens your assessment skills to arrest-failure on time. Professional coaching offers support in drawing up a business plan and executing the strategy.

Mike Baur is a successful investor, and business person focused on developing young business minds. He was born in Switzerland Fribourg where he developed an interest in the banking industry. After twenty years of work in the Swiss Private Banking, Mike quit, joining the heads of Swiss Startup Factory by co-founding it. Mike enjoys mentoring young people, with the hope expanding the field of entrepreneurs. He believes in teamwork for success.

The JustFab Success Story

Don Ressler is an American born entrepreneur and CEO of an increasingly popular American based athletic retailer Fabletics. To discover the source of this man’s success, you need to look all the way back to when his successful string of creating startups began. In 2001, his very first startup, was purchased a company by the name of Intermix Media. Through this company Don Ressler met Intermix COO Adam Goldenberg, and they formed Alena Media together. After Intermix Media was acquired by News Corp in 2005, the company started to see a sharp downturn because of the new management. Instead of sitting by idly to watch their division be ignored, Adam and Don left to pursue new interests.

Knowing of their skills in online performance advertising, Adam and Don Ressler decided to create a brand building company that they could run remotely. After gathering together some former coworkers and several brainstorming sessions, their company “Brand Ideas” was born. Later, Brand Ideas would change their name to Intelligent Beauty. Ressler and Goldenberg very first creation was DERMSTORE, which was an online business that specialized in skin care and cosmetics. Two years after the success of DERMSTORE, they launched a weight loss system known as SENSA. Although Intelligent Beauty does not release financial reports, both SENSA and DERMSTORE are said to be highly profitable.

The success of the prior startups sparked them to launch a third company in 2010, called JustFabulous. Marketed as a subscription ecommerce fashion retailer, the company went on to receive 33 million dollars in funding. By the end of 2011, business was thriving and the company had over 4 million subscribers. Just four months later in April of 2012, the 6 million subscriber point was passed. After passing that milestone, the startup was able to receive an additional 76 million in funding from various partners including parent company Intelligent Beauty.

After having such success in just it’s first two years, JustFab starting seeking opportunities to move into new markets. On January 18th, 2013 JustFab purchased a children’s fashion subscription service by the name of FabKids. Four months later in May, they acquired European ecommerce site The Fab Shoes, adding not only their business but over 500,000 customers to the company. JustFab went on to launch Fabletics later that year, a fashion service for activewear developed in collaboration with Kate Hudson. In August 2014, an additional 85 million dollars funding round closed and brought the company’s total capital to approximately 250 million dollars.


The Career Progression And The Life Of Andy Wirth

Andy Wirth (Andrew Wirth) is a professional whose main area of specialization is hotel and mountain resort industry. Born in 25th July 1963, Andy Wirth has gone through tremendous transformation and has made notable achievements along the way. One of his most recent achievemets in elevating his professional career includes his appointment as the Chairman and President of the Reno-Tahoe Regional Air Service Corporation. He expressed satisfaction in his appointment to represent the organization and the greater Reno-Sparks region.

Having served in the hotel and mountain resort industry for almost 25 years, he has emerged with a great deal of experience and has amassed unique skills that have portrayed him as a dedicated professional.

Early life and education
Andy Wirth, born in 1963, spent most of his childhood in West Germany. He attended the Colorado State University, where he graduated with a Bachelor of Science degree. He also pursued the same specialty in the Edinburgh University, Scotland. His career kicked off when he joined the Rock Mountain National Parks to work as a backcountry ranger. He also received an appointment to join the Hot Shot Wild Land crew based in Northern Mexico.

At Steamboat and Intrawest

To further develop his career, Andy Wirth joined the Steamboat Ski and Resort in 1986, where he worked as an intern. He later got full employment and worked at the same company for about 20 years, working with different marketing departments in the ski resort industry. In 2007, Andy Wirth was promoted to join the parent company, Intrawest and was appointed the chief marketing officer.

In 2009, he pioneered the formation of the Mountain Villages Partnership (MVP) and became the president of the organization. MVP is a renowned marketing promotion company that supports small- and middle-level businesses and it’s sponsored Steamboat.

Career at Squaw Valley Ski

In August 2010, Andy Wirth was appointed Squaw Valley Ski resort President and CEO. His movement into this position would replace Nancy Cushing, who left the position after working as the CEO for 16 years. His appointment was a unique step by the company since this would be the first time somebody other than a member of the Cushing family would work as the CEO of Squaw Valley.

Under his leadership, Squaw Valley made upgrades valued at $70 million. These changes tremendously improved the company’s design and infrastructure, base facilities, culinary areas and lodging facilities. These changes and proper management improved the ranking of the company to appear among the best 20 percent in the industry in the same year.

Learn more about Andy Wirth:

Apartment Communities Should Pay Attention To Online Reputation Management Techniques

Online reputation management is a term many companies around the world like Status Labs are looking to use as one of their principal ways of working with customers for continued success for the future. One industry that has accepted the rise of Online reputation management as an important aspect of the day to day running of its business is the apartment complex industry, which has embraced the possibilities offered by the monitoring of the Online reputation of individual complex’s.
An article published through Multihousing News explains the major part of the process of managing an Online reputation for an apartment community comes from the reviews posted to social media and review Websites. Online reputation management should include any manager of a complex playing an active and important role in monitoring the comments made about the business Online; the main bonus of having a community manager take part in dealing with comments is they have an understanding of which resident posted the review and how the issues they bring up have been handled. Many community managers now spend a large part of each and every day dealing with the customer comments discussing the apartments they manage.

One area that is often ignored by many community managers and multi-housing companies is the fact that a precise and considered response to the concerns of residents can lead to improvements being made to the complex as a whole. Online reviews and comments when monitored correctly should lead to changes being made to the way a complex is operated in general; a positive response to complaints about the time it takes for maintenance issues to be resolved can be to increase maintenance staffing levels that can be included in an Online response to negative feedback. A community will usually see a large number of comments on social media platforms and review Websites, which will often reveal common themes of positivism and negativity that can give a good overall impression of the community as a whole.

Avi Weisfogel Is A Many Of Many Interests

Avi Weisfogel loves people. He especially loves to look out for children. He also has many interests — music, fundraising and social media.

In his latest effort to help the underprivileged,
Avi Weisfogel has opened a GoFundMe account to help raise $2,500 for Operation Smile. The 35-year-old organization was established to help children receive surgeries from conditions such as cleft palate and cleft lip. There are thousands of children all over the world awaiting help.

Operation Smile is a global effort. Doctors, nurses and other medical professionals travel to many parts of the world to provide medical assistance. All of the surgeries are free. And the money raised goes to provide medical equipment, basic supplies and a small stipend for medical staff.

Weisfogel says he is proud to help the organizaton and they do a great job. To date they have performed over 200,000 facial deformity surgeries in 100 countries.

Weisfogel’s practice is located in Old Bridge, New Jersey. The New York School of Dentistry graduate has worked there for 13 years. There are some cases when he even works pro bono for individuals who have no dental insurance.

He holds a strong belief in helping others. He is always abreast of the latest dental news and even attends hours of continuing education. In 2002, Weisfogel opened Dental Sleep Masters. His business is devoted to helping patients who suffer from sleep disorders due to stroke, anxiety, diabetes, heart disease and other conditions.

Unfortunately, thousands of Americans suffer from this life-threatening disorder. The oral devices created by Weisfogel have an effectiveness rate of over 90 percent. With such a high success rate, hundreds of dentists and doctors across the country have joined the team.

Weisfogel is also a huge fan of social media. He can often be found mixing beats on Sound Cloud and posting on social media platforms Twitter, Facebook and Instagram. He also posts pictures and videos on Slideshare and writes for WordPress.

When not working, Weisfogel loves spending time with his wife and six children.

George Soros the Greatest Investor and Philanthropist

After years of being away from trading, George Soros is back again. The trader is back to after being attracted by the opportunities in the market due to coming economic troubles. George recently directed bearish investments since he is worried about the global economy. According to people close to the investment issue, George Soros led the investment due to his concern on significant market shifts.

Soros Fund Management LLC manages $30 billion for George and his family. The firm sold stocks then bought gold and shares of gold miners. The purchase has been made in anticipation of weakness in different markets. Most investors consider gold to be an anchorage during times of economic turmoil.

George used to monitors his investments in the past. However, recently Soros has not done investing in his own. The change was evident this year when George began spending more of his time in office directed trades. He is frequently getting in contact with the executives, as revealed by close people.

George is going into a void at his company. Scott Bessent was a top investor in the business, and he had micro investing background. However, Scott quit the firm last year, and he ventured into his hedge fund. George has made an investment of $2 billion together with Scott’s company, Key Square Group.

Read more:
Here’s How George Soros’s Latest Predictions Have Played Out

A Bearish George Soros Is Trading Again

Ted Burdick became the company’s chief investment officer in 2015. Ted has a background in arbitrage and distressed debt among other types of trading. It is for that reason that Soros found Ted, an appropriate person for the position, unlike Scott who only had a background in macro investing. George Soros says that he feels comfortable stepping back after appointing Ted as the chief investment officer. Read his profile at Forbes.

George is worried that new troubles will come up in China because he thinks that the country is not willing to embrace the transparent political system. That is why he believes that the state should enact lasting economic overhauls. Some investors are already anticipating rising inflation due to recent wage gains in the United States. However, George is concerned of the continued weakness in China, which he says might cause deflationary pressure. Deflationary pressure causes a damaging spiral of decreasing wages and prices on global economies and the United States.

The life of George Soros

George is the founder and chairperson of Soros Fund Management. He is also the chair of Open Society Foundations. George was born in Budapest in 1930. He was a survivor of the Nazi occupation that took place during the World War II.

George is a philanthropist. He started by providing funds to assist black students to go to Cape Town University during apartheid in South Africa. He also runs the Open Society Foundation, which operates in over 100 countries. George is the author of various books like The Tragedy of European Union. He also writes essays and articles for magazines and newspapers.

Learn more George Soros: