GreenSky earns, hand over fist, with novel revenue model

GreenSky Credit is one of the more innovative companies to have come out of the fintech industry over the last few years. Although the company has followed a very conservative business model, only going after prime borrowers in markets where there is demonstrated value creation taking place, GreenSky has pioneered a new business model, the likes of which have never been seen before.

Big bets on a sure thing

GreenSky Credit’s revenue model is so unique and the business itself so novel that the company’s founder and CEO, David Zalik, found himself having a great deal of difficulty in convincing bankers to help him finance it. Back in 2005, Zalik went on the road to pitch the idea of GreenSky to bankers and other investors across the country. But the entire business model was so unique that he couldn’t find any bank that was willing to back him. He was eventually forced to liquidate his more than $12 million real estate empire and completely fund the new business himself. This would turn out to be a huge net positive for both Zalik and GreenSky.

The problem that the bankers could not overlook was that Zalik was claiming that he could get both his lending partners and his retail partners to pay GreenSky for originating instant loans while also avoiding taking on any lending risk. The bankers and prospective investors wanted to know why on Earth any lender would pay someone to originate a loan if that party was already receiving a large amount of compensation for their services from a third party, and they had no intention of taking on any downside risk at all relating to the possible non-performance of the loans. Zalik had one answer: money. And it turned out that the company was able to generate lots of it.

The secret behind the company’s ability to get its retail partners to pay 6 percent while getting its lending partners to pay a 1 percent annual carrying fee on every dollar loaned is that all of these parties are getting additional high-quality business that they never would have otherwise had.
https://www.marketwatch.com/story/greensky-ipo-5-things-to-know-about-the-company-seeking-to-end-fintech-ipo-lull-2018-05-21

The Role of Stream Energy in the Society

Stream commonly referred to as stream energy is America’s leading direct selling and connected services. The company was started in the year 2005 and it has since grown to be the best energy company in the United States offering several services including wireless, protective and services to its clients. The company is headquartered in Dallas, Texas and currently between 200 to 500 employees who are well paid and constantly motivated in to continue providing the best services for the company. The Stream Energy Company offers its services in numerous parts of the United States like New York, Pennsylvania, Illinois, Delaware, New Jersey, Maryland, Washington, Ohio and also Texas.

Achievements of Stream Energy and its contribution to the Society

Stream Energy has expanded in various ways since it started. Some of the ways that the company has expanded include connecting life services such as international wireless plans, virtual MD, digital voice service among other services. In all the services that are offered by the company, they make sure that their customers are connected from wherever they which could be home, traveling or at work. Among the things that have made Stream to be unique in the energy industry is the way they empower their employees and associates to do more than what they do in order to earn n a living. Stream believes that they should not only make a better life for their company but they are dedicated in also making sure that their clients get the best.

The company has also started a parallel charity organization because corporate philanthropy has also been a part of Stream’s DNA. The company recently launched a charity foundation known as Stream Cares. The move made by the company in order to formalize its ongoing operations in Texas. The company has done a lot including the Hurricane Harvey victims. Stream Company is currently considered a living example for other companies to understand the importance of paying back to society. Corporate philanthropy is a perfect way to ensure that the company gets a chance of back to the society at the same time building its reputation.

http://www.innovationews.com/Stream-Energy-introduces-Budget-Power-Plan/

The Entrepreneurial Endeavors Of Ryan Seacrest

Ryan Seacrest is a famous creative entrepreneur and television host. Ryan hosts the iconic music competition series, American Idol that is expected to return to BC in the spring of 2018. Ryan is an award-winning creative entrepreneur who holds different positions as host and producer, in nationally syndicated local as well as broadcast and cable television. Due to his entrepreneurial spirit, Ryan Seacrest is involved in different ranges of media and entertainment companies. He also runs his philanthropy, which focuses on initiatives that target the youth, and is making a considerable impact on the country.

When it comes to radio, Ryan Seacrest hosts On Air with Ryan Seacrest, a number one nationally syndicated Los Angeles morning drive-time show, which airs on 102.7 KIIS-FM, a radio station owned by iHeartMedia. He also hosts a nationally syndicated Top 40 radio show.

Ryan Seacrest is also the host and executive producer of the Live with Kelly and Ryan, a syndicated morning television talk show. He also hosts ABC’s Dick Clark’s New Year’s Rockin’ Eve with Ryan Seacrest, which is ABC’s annual New Year’s Eve program. He is the host of E! Life from the Red Carpet.

He owns an Emmy award-winning production company known as Ryan Seacrest Productions, which produces series like Keeping Up with the Kardashians, E! Lives from the Red Carpet, Sha’s of Sunset, I love Kellie Picker as well as Best Cover Ever. This company also produces Shades of Blue, which is a drama series that stars Jenifer Lopez, and Netflix’s Insatiable. RSP also produces Jamie Oliver’s Food Revolution, an award-winning reality series.

Other interests associated with Ryan Seacrest include a menswear collection called Ryan Seacrest Distinction, a men’s skincare line called Polished by Dr Lancer. This is a partnership Ryan has entered with Dr Harold Lancer, a world-renowned dermatologist. Ryan has other longstanding endorsements from world famous blue-chip companies.

Ryan Seacrest’s philanthropic efforts operate under the Ryan Seacrest Foundation, which has more than ten broadcast media centres. These centres called Seacrest Studios are within pediatric hospitals in cities across the nation. Ryan is a board member at the Los Angeles County Museum of Art and is a titular chair of the Grammy Foundation.

See Ryan’s profile on Forbes: https://www.forbes.com/profile/ryan-seacrest/

JD.com Unveils Eco-Friendly, Reusable And Recyclable Packing Model

 

With levels of waste pollution increasing at an alarming rate in China due to the high rate of industrialization, companies in the country are adopting and implementing eco-friendly policies in their businesses. JD.com, also known as Jingdong Mall; China’s largest and most profitable e-retailer is leading the transition by adopting a reusable eco-friendly packaging model. JD.com delivers millions of products to customers across China every day, making their efforts to work towards reusable packaging a necessary and urgent move.

According to Jingdong, the program will not only reduce environmental pollution but also cut the operational cost of last-mile delivery. JD.com adds that their new packaging system will save the company more than 32.5 million RMB annually if 10% of the orders are delivered using the reusable packing model.

The cost of operation is projected to drastically lower in the near future as more customers approve of the system while Jingdong rolls out the model in as many cities in China. Already, the packaging model has been employed in large cities such as Shenzhen, Guangzhou, Shanghai, and Beijing. As more people are rallying behind the green environment idea, more JD.com ’s customers are opting for the reusable packaging when making their orders. The company projects to deploy the model in more than 25 cities as the year comes to a close.

In an effort to motivate more clients to embrace the reusable packaging model, Jingdong offers redeemable loyalty points to those who opt for the model. Customers who chose the model are required to surrender the green box that houses their order to the delivery person, upon receipt of the order. The green box can be used to package sizable items such as makeup, jewelry, cell phones, watches, and selected medium-sized electronics. It gets better because the box can be reused for almost ten times before it is disposed of. This saves Jingdong massive amount of resources and time because almost every other product, other than fresh food, can utilize the model. Refer to This Article to learn more.

 

More about JD.com

The e-commerce giant has been faithful to implementing green practices in their logistics network, having rolled out the Green Stream Initiative back in 2017. Jingdong aims at replacing 50% of their plastic packing materials with biodegradable ones, as well as having more than 80% of recyclable packaging material, in the next two years.

 

More about Jingdong on https://cn.nytimes.com/technology/20180619/google-china-jd-com/

JD.com Has Expanded Deeper Into Southeast Asia

JD.com is teaming up with Thai retail conglomerate Central Group in order to further expand into Southeast Asia. The collaboration will be called the JD Central e-commerce platform. JD already has a little presence in the region with an e-commerce platform in Indonesia and an investment in Tiki. JD Central is set to open on September 28. It opened for testing on June 18. The new platform has direct sales and marketing models.

 

Anticipated Success

 

Sales have already boosted since the test run. The categories on the platform range from electronics, to fast moving consumer goods, fashion, books, music, and much more. As of now, roughly 80% of the site’s visitors have accessed the site on their cell phones. On the cell phones, the top sellers are fashion items and fast moving consumer goods. Chinese companies are among the most popular brands on the site. Those top brands are Huawei, Xiaomi, Lenovo, and OnePlus.

 

If there is an equivalent for the “Amazon of China”, Jingdong Mall is the best candidate.

 

How JD.com Created The New Platform

 

JD has used its own technology to create one of the world’s best retail operations. It now adds a top of the line logistics expertise and the fastest delivery to Thai consumers. JD Central’s warehouses are managed by JD.com’s warehouse management system. Same-day delivery will soon arrive at the Bangkok area. Using its partners in the local delivery service the new e-commerce platform will also provide nationwide coverage.

 

How JD.com Feels About The New Addition

 

JD Central’s CEO Vincent Yang says the company is thrilled to be moving forward with providing service in Southeast Asia. Central Group and JD.com; also known as Jingdong, have a very unique partnership and Thai consumers will experience the best e-commerce with a 100% guarantee of product authenticity. Leading brands are already signing on to support JD Central in reaching Thai consumers. Popular Chinese apparel retailer Vipshop has already be added to the platform. Click Here to learn more.

 

 

See Also https://www.gizmochina.com/2018/06/22/googles-550-million-investment-in-jingdong-could-see-its-hardware-products-selling-on-jd-com/

Freedom Checks and Trump Bonus Checks

It is likely that you have already learn about Freedom Checks and Trump Bonus Checks, especially if you keep up with the prevailing news in America. Some believe that these checks are not true, but you will have to study them more to have a clearer picture. This article will highlight Matt Badiali, the man behind it all. Through him, you will learn about these programs and how they have assisted people to make big profits. The knowledge you are going to earn will help you to make the best decision in as far as investments are concerned.

Trump Bonus Checks

We will first study Trump Bonus Checks and how you can purchase them. Mike Burnick presented these Bonus Checks to the world. He goes ahead to promote them to former soldiers of the U.S military. If you have taken a look the advert, Mike highlights that patriotic people are entitled to the bonus checks given their support to the country. Burnick, additionally, states that you should consider joining his newsletter for only 99 US dollars. With such a membership plan, he will educate you on how you can claim your check benefits. It is important to understand that you can make a lot of money via the programs, but you ought to invest first. The Trump Bonus Checks, in a nutshell, are dividends you earn after investing some capital in particular companies recommended by Mike Burnick.

Freedom Checks

Via a viral video, Matt Badiali presented the Freedom Checks to the world. Badiali terms Freedom Checks as a good way of making big profits in a short period of time. Given that there are numerous get-rich-quick programs in the market, people have become very suspicious of the Freedom Checks. However, once you review Badali’s past experience and education, you will get a different impression. Matt is a geologist who has traveled all over the world to inspect energy reserves. He is quite knowledgeable and has discovered a viable way of making impressive profits. Rather than being selfish with the knowledge, Matt Badiali has chosen to share his discoveries with other people.

Victoria Doramus: From Business Professional to Non-Profit Supporter

Victoria Doramus has extensive experience in the field of market trend analysis. She has worked with companies such as Stila Cosmetics, Trendera, Mindshare, and Creative Arts Agency. In addition, Victoria worked for film producer and director Peter Borg as his personal assistant. However, in her personal life, she battled addiction.

Victoria Doramus, who has her fashion closet on Tradesy, spent years trying to overcome her addiction to drugs and alcohol. Finally, after successfully completing a long-term rehabilitation program, Victoria turned her attention towards non-profit pursuits, the first being an organization that deals with addiction, the Amy Winehouse Foundation.

The Amy Winehouse Foundation focuses on education and diminishing the stigma associated with young people and addiction. Because of the foundation’s work, more than 230,000 students in England have been educated regarding addiction. Victoria Doramus is not just interested in helping young addicts, but also in helping women in prison, and works with Women’s Prison Association. Many of these women also struggle with addiction issues.

Women’s Prison Association(WPA) assists women in finding alternatives to prison and intervenes before prison is the only option. Specifically, Doramus is a support and resource person to these women as their release draws near.

Victoria Doramus’ non-profit work doesn’t stop there. She is also involved in two other organizations, the Best Friend’s Animal Society and Room to Read. The main objective of Best Friend’s is to stop the killing of animals in shelters in America. They do this by partnering with community programs in order to find families for these animals.

Last, but not least, Victoria is involved with assisting low-income youth across the world become literate through her work with Room to Read. This organization focuses on intervening in early primary education and girls’ secondary school. More than 20,000 communities have been helped by the organization.

Victoria has supported these organizations for several years and continues to do so.

See the latest pins from Victoria Doramus: pinterest.com/victoriadoramus/

How Gregory James Aziz Uses His Experience

 

As someone who worked in the banking industry, Gregory James Aziz learned a lot about business and about what he could do to make businesses better. He also learned the financial aspect of businesses and how it had a direct impact on everything the companies did. Gregory James Aziz wanted to make a difference in the business world, but he knew he would never do that if he continued working in the banking industry. Instead, he wanted to get into another industry where he had a chance to make a difference and thrive as a professional.

Gregory J Aziz realized he had to work to make sure he was the CEO or the owner of a company. He wanted to make a difference and knew the only way to do that was through running his own company. He began searching for a company he could make better and he could change to bring positive opportunities to it. He wanted a company that was not hopeless but also one that showed some signs of struggle in the past years. Because of how hard he worked doing this, Gregory James Aziz knew he had to make a difference for other people.

There were times when Greg Aziz felt he had to choose an industry. He began looking at the rail industry. While he did not know exactly what direction he wanted to take in the industry, he did know he wanted to purchase a company that was already a part of it. He felt confident he could bring a rail company back to life and revitalize it in a way others had never done before. As long as Greg James Aziz had the chance to do this, he could continue making a big difference for others.

National Steel Car struggled for many years. People saw problems with it because they knew the rail industry was changing and the company performed poorly. Like many other steel car manufacturing companies in the industry, National Steel Car hadn’t thrived since rail travel diminished. Gregory James Aziz felt National Steel Car was his change to make a difference in the industry. Refer to This Article for related information.

He pushed to make the company better. After purchasing National Steel Car, Gregory James Aziz began revitalization efforts to make NSC the best it could be. He continues working hard to make sure National Steel Car has a chance to continue getting better on its own. ISO have recognized the growth of National Steel Car and awarded it the ISO 9001:2008 certification and received TTX SECO award for quality, for over a decade.

See also: https://remote.com/greg-aziz

 

Shervin Pishevar Mentions Cryptocurrency in Tweet Storm

Cryptocurrency stands as a bizarre investment vehicle to many long-time currency traders. With so many legitimate foreign government-backed currencies, why would anyone take a risk with “virtual money?” Bitcoin fans’ rationale roots itself in an understandable motivation. They feel cryptocurrency could increase massively in price. Anyone who buys low right before the price takes off might walk away with an incredible profit. Recent Bitcoin history does reveal people who made a fortune in the Bitcoin market. One person’s success does inspire other investors. Shervin Pishevar, however, warns people are thinking about putting their money into the Bitcoin realm.

Shervin Pishevar commented on the wild world of Bitcoin in a massive tweet storm in the winter of 2018. Cryptocurrency wasn’t the only topic the former Uber investor and current Virgin Hyperloop One pioneer opted to discuss. Pishevar’s background as a tech investor shows he isn’t shy about putting money into risky endeavors. He also doesn’t haphazardly make investment decisions either. Shervin Pishevar wants people to look at the broad picture of Bitcoin investing before they make any moves. Rushing to put money into any investment venture could lead to regrets.

Shervin Pishevar thinks Bitcoin might suffer a severe crash. Price crashes mean losses. That said, he also feels the price of Bitcoin could somewhat bounce back and stabilize. Granted, all this is one man’s opinion. Considering Shervin Pishevar’s background, hearing what the man has to say becomes worthwhile.

Pishevar does note something interesting about the value of cryptocurrency. Cryptocurrency presents a means by which money crosses all borders. It doesn’t find itself locked into the fortunes and misfortunes of a nation’s economic situation. The free-flow of a new currency brings forth a sense of wonder. Concerns arise as well. Cryptocurrency represents an unregulated industry. Lack of regulation brings forth risks. The opposite may turn out to come true as well. Nations could end up overregulating cryptocurrency, which could hinder investors.

https://www.huffingtonpost.com/author/shervin-pishevar

DAMAC Owner Hussain Sajwani is Committed to Strong Corporate Responsibility

DAMAC is more than just a leader in the Arab business world, they are also a valuable member of the philanthropic community supporting causes and initiatives through the UAE and the middle east, as well as well as organizations that help benefit mankind and the world at large. DAMAC has a strong commitment to its corporate responsibility initiatives and is a respected partner with a wide variety of organizations and entities.

Some of DAMAC’s partnership and interactions in recent years have been the donation of 10 apartments (total value of AED 10M) to the Dubai Cares Initiative, as well as more than AED 1M for the benefit of building a high tech care facility for children with Autism. The DAMAC owner, though the Hussain Sajwani Foundation has further donated more than AED 3M for other causes that are of vital need to the people of the Arab world.

One of the most important initiatives that DAMAC is involved with is the “One Million Arab Coders Initiative”. OMAC is an integrated educational program designed to train students in the art of software coding. Each phase or cohort, lasts three months and includes its own specialized software and curriculum. The initiative addresses a key concern of His Highness Sheikh Mohammed bin Rashid Al Maktoum’s Vision 2021, which is a vision for the empowerment of a modern UAE society through the expansion of skill development, education, and social reform. This is an initiative that is especially close to the heart of Hussain Sajwani, DAMAC owner since he himself had opportunities granted to him to excel well beyond his station in life when he was a young man. It was whose opportunities that led him to not be a shopkeeper like his father, but rather one of the richest and most powerful men in the world. With OMEC, the Arab world in general and the UAE specifically, will be in a better position to take advantage of the new global economy and digital global community. Sajwani is proud to partner with his highness in this program and as DAMAC owner, he had the resources and influence at his disposal to make it an overwhelming success. There are four district paths that the student can follow:

  • App Developer
  • Front End Web Developer
  • Full Stack Web Developer
  • Data Analytics

The first cohort successfully completed on April 23, 2018. More than 100,000 students were enrolled and completion rates were well over 90%. The application process for the second cohort is open now.

The OMAC campaign is just one way that Hussain Sajwani and DAMAC are keeping true to their pledge of corporate responsibility and philanthropy.