Category Archives: Business CEO

Don Ressler’s Life and Entrepreneurial Journey

About Don Ressler
Don Ressler is an entrepreneur behind the success of a series of startups. Don Ressler is instrumental in the success of Intelligent Beauty and its affiliates. Don Ressler’s first start-up was FitnessHeaven. In 2001, it was acquired by Intermix Media prompting Ressler to team up with Adam Goldenberg to start Alena Media. Alena Media’s performance advertising and e-commerce division generated revenue to the tune of a hundred millions. Nonetheless, the firm was acquired by New Corp in 2005 leaving the dual without an option than to explore new opportunities.

Intelligent Beauty
Leveraging their skills in the thriving online performance industry, Don Ressler and Adam Goldenberg decided to create a brand that they would execute autonomously. They gathered a group of former Alena workers and held a brainstorming session at Goldenberg’s home to develop a new brand. As a result, Intelligent Beauty was formed. Intelligent Beauty is a direct-to-consumer brand building business specializing in online cosmetics and skincare and weight-loss systems. The formation of Intelligent Beauty brought in the founder of Intermix Brett Brewer as the CEO and Dr. Alan Hirsh as product developer. Although Intelligent Beauty does not release its financial report, its weight-loss system and online cosmetics site seem to be highly profitable.

Read more:
Happy in El Segundo: TechStyle COO Anton Von Rueden on the Perks of Life in the South Bay
Forbes Magazine Features the Teamwork of TechStyle Co-CEO’s

JustFab’s funding history
JustFab is a subsidiary of Intelligent Beauty that specializes in subscription e-commerce fashion retailer. After bootstrapping most of its funds within the first two years, JustFab received $33 million in funding from Matrix Partners. Kimora Lee Simmons served as JustFab’s head of creativity, and by the end of 2011 they had over 4 million subscribers. After reaching the targeted six million subscription mark, Adam Goldenberg Don Ressler raised a second round of funding. As a result, they secured $76 million from JustFab’s parent company, Intelligent Beauty, Matrix Partners, Rho Ventures, and Crossover Ventures.

Benefiting from the success of its first two years, JustFab decided to expand its addressable market. Recognizing that most of its existing customers were parents, JustFab acquired FabKinds, a children’s fashion subscription. Later on, JustFab acquired Fab Shoes, a European fashion e-commerce site bringing with it 500,000 subscribers from Spain and France. As of December 2013, JustFab had over 3 million subscribers across Europe. In October 2013, JustFab teamed up with Kate Hudson to start Fabletics, an athletic wear site. Furthermore, it acquired ShoeDazzle, a rival shoe subscription in August 2013. Besides diversifying its services to European markets, kids’ wear, and athletics, JustFab took its services offline by opening a flagship store in September 2013.

See Don Ressler over at Perez Hilton
Find out more about Don Ressler via Ecommerce-news.internetretailer.com

Adam Goldenberg Believes Staying True To Your Mission Is Important

Many companies will pivot at some point, or change features of how they run their company in order to jump on board a new trend that’s being talked about in the social media community. But Adam Goldenberg doesn’t approach it that way. Instead, he cares about how his customers are experiencing the features that JustFab provides. According to VatorTV, Goldenberg talked about how ShoeDazzle phased out its VIP membership program, but how JustFab was not going to do that because its customers were happy with it. Goldenberg acknowledges that sometimes new trends can enhance company platforms better than before, but that the old axiom of “if it ain’t broke, don’t fix it” holds true in this as well.

Adam Goldenberg has done something quite remarkable with his company, JustFab. About 5 years ago when he started, he knew very little about what he was getting into, so much so that in his words, he didn’t know “the difference between a peep toe and a Mary Jane.” But Goldenberg and his partner, Don Ressler know how to listen to others’ ideas and take them to concept. JustFab has become a company that sells hot new women’s clothing, but at a price that most people can afford. It offers an enhanced social media platform where users can rave to their friends about the experience, and a subscription model to tailor the experience to each user’s need.

Adam Goldenberg has always loved to try new business ideas ever since the day he started his first business. He was only a teenager at the time that loved marketing and selling things to people around him, but he got the idea to startup an advertising network for gamers called Gamer’s Alliance at https://www.apparelnews.net/news/2016/sep/05/new-sizes-fab-justfab/. It was Intermix Media who bought this company and took Adam onto their team, and with his help the company became a dynamic force, eventually starting MySpace.

Goldenberg was the youngest Chief Operating Officer while at Intermix Media, and he met Don Ressler who shared much of the same goals that he did. The two worked at Intermix Media on Pando until 2005 when it was bought out. They then started up several independent beauty and health product companies, and then got into the fashion industry in 2010 when JustFab was started. The company has raised over $300 million in venture capital funding, expanded into overseas markets, and even now opened local chain stores in various cities.

Josh Verne: How to Get Out of Your Own Way and Succeed in Life and Business

Josh Verne: How to Get Out of Your Own Way and Succeed in Life and Business

To succeed in business and life often requires a keen understanding of your self, as well as your role in each situation. To succeed in your life and business, Josh Verne, CEO of Flocku.com and 20 year entrepreneur in starting, growing, and selling businesses, offers the following tips:

1. Seek Balance in Your Life

A successful life requires balance. For example, you can have all the money in the world, but if your health and home life are out of balance, you will suffer. Likewise, if you have a loving family and good health, but your finances are out of order, you will also suffer.

In this regard, balance is not about devoting the same measure of time on each aspect of your life, but rather making improvements in all aspects of your life.

Ensuring that you progress just a bit each time in your personal growth, health, relationships, and wealth will help ensure that you are living your best life, and those around you will benefit from it.

2. Find Out What You are Passionate About

To live a good life, find out what you are passionate about.

You need to find what gets you out of bed each morning with a fire deep down in your gut.

Something that wakes you up early and makes you work late. Something that makes you want to skip parties. Something you would do even if you weren’t getting paid.

Neglecting to do so, ultimately means living a life that brings you drudgery and the same uninspiring disorder day after day, sort of like groundhog day. So find your passion, and do what feels good in life.

3. Understand Your Role as Manager

There are two types of managers: bosses and leaders. Bosses often rely on their title to get things done. This type of manager may demand respect and typically does what is in his own best interest.

A leader, on the other hand, earns respect by putting his people first. In addition, he uses respect to accomplish the goals he and his team have set together.

To truly succeed in life, you need to be a leader and forego forcing your will onto others and demanding respect. In other words, if you serve the people, they will follow you, and your team can accomplish any goals you put your mind to.

4. Speak Less, Listen More

This goes without saying. The more you listen, the more in control you will appear, and the more people will be alert when you have something to share, which gives what you have to say more power.

5. Strive for Win-Win Situations

Always strive to achieve a win-win deal or plan of action. This means, a win for you, a win for your employees, a win for your clients, and ultimately, a win for society.

When you settle to situations that are not win-win, you will not be forced to find the very best solution for all parties involved. This will reflect on your business, your team, and your reputation in a non favorable way.

No matter how bad a situation may appear, there is always a way to create a win for everybody.

Mike Baur The Swiss Startup Factory

Mike Baur is the co-founder and CEO of The Swiss Startup Factory. In 2014 The Swiss Startup Factory was born with the idea of creating global companies that are unique to the prevailing norms of business models and products. They offer a three-month accelerated program that will assist early stage startups with financing, coaching, mentoring and office space. They offer their clients access to the entrepreneurial and investment world.

The office space offered is where like-minded individuals can work and share connections. Your office space will include your own desk, access to the lunch room, free Wi-Fi, a fitness room, extra storage space, a conference room and espresso bar. These amenities are made affordable to their clients who are offered a package that is designed for his or her needs.

Financial services provided by The Swiss Startup Factory include bookkeeping, proper invoice and payroll management, financial statements, cash flow reports, tax & VAT reporting and overall financial health reviews. These financial services are important to any company whether it be a well-established firm or a startup.

Located in Zürich, Switzerland The Swiss Startup Factory has become the number one totally independent and privately funded ICT Startup Accelerator in Switzerland in less than three years. They have already launched several successful startups such as Struckd, Blinkers, Carhelper, and Beaconsmind.

Mike Baur makes his home in Fribourg, Switzerland and is strongly connected to the region. As a teenager, he was already fascinated by the world of banking and finance. Mike Baur feels very fortunate that he was able to turn his early passion for finance and banking into his lifelong profession. After receiving an MBA from the University of Rochester New York he attended the University of Bern and earned an Executive MBA degree.

Mike spent the next 20 years working in the Swiss Private Banking industry. He started as a commercial apprentice working for banking giant UBS and eventually served as an executive board member for one of the biggest Swiss Private Bank’s the Clariden Leu and Sallfort. Not being satisfied with what he had already accomplished Mike Baur decided to leave his position and began investing in startup companies, even before he co-founded The Swiss Startup Factory with Max Meister and Oliver Walzer. The three partners decided it was time to provide a platform that would offer young talented Swiss entrepreneurs with ambitious goals the tools and expertise it takes to be a successful startup.

 

 

Don Ressler, The Brain Behind JustFab

Update: JustFab becomes TechStyle Fashion Group

There are a number of successful business start-ups that owe their success to Don Ressler. Many of these start-ups, including FitnessHeaven.com, are always sold to the willing buyers. Alena media, which was part of the intermix media-buyer of FitnessHeaven generated lots of millions and become the main profit centre at intermix. The division was later sold to News Corp, which later ignored it, leading to the departure of Ressler and Goldenberg to seek for other opportunities.

Their departure from news corp led to the formation of Intelligent Beauty an online advertising platform, which could be executed independently. The platform, which mainly deals with beauty products, saw the creation of DERMSTORE, which is mainly a marketplace for cosmetic and skincare products. A weight-loss system called SENSA was launched two years later. Intelligent beauty is profitable, although it does not release its financial reports to the public on zimbio.com. In 2008, the group got a funding of 43 Million dollars from technology crossover ventures.

The company launched a third subsidiary in 2010. JustFab was launched as an online fashion retailer by Don Ressler and Adam Goldenberg, enabled with subscription options. Matrix partners gave a funding of $33 Million dollars to the new company in 2011, the same year that saw Kimora Lee Simmons join the company as its creative director and president. The company did well in its first year, and by December of 2011, a total of 4 Million subscribers had been registered on the company’s website. By March 2012, the company had crossed its 6Million mark. It managed to secure a funding of $76 Million from its parent company’s intelligent beauty, crossover ventures, Matrix partners, and Rho Ventures.

The impetus of the first years gave JustFab the motivation to seek more opportunities. It bought Fabkids, a subscription service that deals mainly with children’s fashion after they realized their existing clients were mainly parents. In May 2013, the company acquired another entity called FabShoes, an e-commerce site with its origins in Europe. This new acquisition was advantageous because it brought with it, existing 500,000 members in Spain and France. This strengthened the group’s European presence to 1.5 million plus membership according to Don Ressler. After the completion of its 40 million dollars funding, the company launched Fabletics to cater for the needs of athletes. A rival group known as ShoeDazzle was acquired in August 2013, and by September; JustFab opened their first offline store. The company got another funding of $85 Million dollars in August 2014, which brought its total capitalization to 250 million dollars.

Don Ressler of Fabletics

Doe Deere: A Leading Force in the Unique Makeup World

Doe Deere is the creator behind Lime Crime, a beauty supply that focuses on the unique items that people can use to express their true self. The Lime Crime makeup brand is one that has grown exponentially in the past few years, with many finding makeup colors that are not your typical shades of browns, blacks or pinks. Lime Crime was actually launched in 2008, however, the name “limecrime” was registered on eBay in 2004 as a DIY fashion line. https://galoremag.com/lime-crime-creator-doe-deere-colors-haters/

Deere started the line simply because she was inspired and also felt the need to provide unique colors to the public, colors that she herself wanted to wear. Deere was born in Russia, but grew up in New York City which helped to fuel her love of makeup, sewing and other beauty related hobbies. She turned these hobbies into a hugely popular makeup line that is cruelty free, and allows a person to make their own taste individualized.

Doe Deere has several fond memories that are centered around makeup, however, her first real memory of this is at a slumber party at the age of nine. Her and her friends made their faces to look dark and mysterious to match their clothing options, which were all an effort to conjure “spirits”. Deere remembers the event fondly, stating that her friends may have thought she was crazy, but the makeup just made this that more memorable.

Due to her success, Deere is one of those women in the market who has been named to the Top Inspiring Female Entrepreneurs by Self-Made magazine. It is from this role that Deere hopes she can be an inspiration to other young women out there, just as she herself was inspired to think big. Deere’s brand is based on the Internet, and this is one aspect that has helped Lime Crime to become a brand that listen to their customers. As Deere pointed out, being internet based means having instant feedback on products. And since the desire of Lime Crime is to provide products that consumers want, this allows the company to do this with ease. It is clear to see that Deere is one of those women to watch, as her ethics, desire to give the consumer market what they want, along with the way her business is ran is going to keep turning heads.

Learn more:

http://www.doedeere.com/

 

Shaygan Kheradpir Comeback To Coriant

The optical transport vendor company by the name Coriant has signed Shaygan Kheradpir as its new chief executive officer. If that makes Shaygan Kheradpir is very familiar to you, then you might have heard the name in the news that was headlining in 2014 when he became the leader and chief executive officer at the Juniper Networks company. He led the company to greater and business innovations and left t at a state that reflects his capacity to transform any business. He has exceptional skills that are specifically designed for that purpose.

Shaygan Kheradpir joined Juniper Networks as a CEO in the year 2014 in January and served for ten months. By the time he left the company it had grown beyond imagination. Kheradpir is now running Coriant Company and took over from Pat DiPietro, who became its vice presiding officer and returned to his earlier position as a partner at the Marlin Equity partners. This is a private financial institution that was developed by Coriant and after the splitting of the three major companies Nokia, Sycamore Networks and Tellab.

Kheradpir is never walking blindly into the company. As a matter of fact, he is walking into the company while his eye=s are the wide pen. He is also walking into the enterprise with his wits wide open for the innovations that are yet to be unleashed into the company with this world class mind and leader in business and technological innovations. This were the words of a vendor that has been working very closely with Shaygan.

The vendor also says that Shaygan has more than 28 years of industrial experience as well as proven track record of performance that has been all over the companies that he has been serving as its leader in innovation and business development. His experience spans from leadership all the way to telecommunication, financial services as well as technology.

DiPietro says that he is much honored to have the exclusive direction of Shaygan Kheradpir in this very company.

In January 2014, Shaygan Kheradpir joined Juniper networks as its leader. Before joining the company, he worked as technology officer as well as the chief operations officer at Barclays Bank. He was also the chief of the team that led to the development of the mobile banking that was a very significant innovation into the future of the entire banking system as well as Barclays Bank itself.

Learn more:

http://www.lightreading.com/optical/packet-optical/kheradpirs-coriant-comeback/a/d-id/718548

http://www.fibre-systems.com/news/story/coriant-appoints-shaygan-kheradpir-new-ceo

Martin Lustgarten Bringing Confidence to Investment Banking

If you consider all of the different possibilities about the world of finance and why it is a desirable field, then you know there are plenty of reasons to like investments. That being said, there are also a considerable number of reasons why people are completely scared of the investment world in general right now. Between the political issues, international changes, and general economic worries, investments have been extremely volatile as of recently. However, just because some things aren’t going well doesn’t mean you can’t still generate wealth. You just need to know who to work with when it comes to finding experienced and knowledgeable investors and advisers.

When it comes to working with the best then you have to consider someone just like Martin Lustgarten. Not only has Martin Lustgarten been able to make a name for himself in the field of investments, but he has done so for many ways. One of the top reasons so many people are looking to him for assistance isn’t even because of his returns, but rather it is for his confidence. When the markets are moving like crazy, jumps and dips are happening each and every day, and people are taking very big bets and significant positions on the market, then it can be difficult to remain calm. With Martin Lustgarten, however, countless investors are comfortable where they are at because they understand what is happening around them.

The field of investments can be completely volatile, but that can also be alright. As long as you understand the potential consequences of your decisions as well as the consequences of making no decisions then investing can be a lot easier. If you are simply able to understand what is going on, why you are making certain investments and avoiding others, and when you will want to execute or ignore a given strategy, then you can feel more confident and not have to worry about the day to day stress of investments. When individuals work with Martin Lustgarten then they are able to have expert advice from someone who is able to teach them. That knowledge from Martin Lustgarten brings confidence.

More information for Martin Lustgarten:

https://about.me/martinlustgarten

Securus Technologies Exposes GTL Fraud

Securus Technologies, an eminent provider of criminal justice technology, is taking GTL, a fellow provider, to task in new press releases and published reports. Securus states that their company, founded in the state of Louisiana, fraudulently adds seconds to calls to overcharge customers, double bills them, and does all this fully conscious of the illegality of the practices.

Their aim in publishing these findings is to reintroduce to the industry a kind of integrity that they feel is lacking in companies like GTL. Richard A. Smith, Chief Executive Officer of Securus, takes pride in the work companies like Securus does and wants there to be transparency and honesty in the industry.

“I love our industry – serving law enforcement, corrections, inmates, friends/family members, and all of society,” said Smith. “It offends me and our entire industry when a carrier stoops well below the integrity bar that most other carriers have – but GTL does not. Our business’ mission is a lot more than making money. It is to serve all of our customers with their best interests at heart – in the right way.”

As part of their press release, Securus states that due to these unlawful practices, GTL overcharged state of Lousiana taxpayers $1,243,000. These results were originally published in 1998, but Securus has found that the fraud has continued despite warnings. Securus hopes these series of reports will contribute to a more honest industry and help hold fellow providers accountable for wrongdoing.

Securus Video Visitation Overview Video from Securus Technologies on Vimeo.

Mark Sparks Serial Success Story

Some people are gifted at athletics, some are gifted in the arts, Mark Sparks is gifted at starting businesses and he has helped a number of successful endeavors get off the ground. His company Timber Creek Capital, which Sparks owns, has been his vehicle to become a successful entrepreneur again and again.

He has been able to recognize promise and help turn those select businesses into profit making machines. That is what Marc Sparks has been doing for almost four decades and he now shares his philosophies with the world through his book and business.

The formula behind the success of Marc Sparks is a simple one. He identifies potential and then creates a business model which includes all of the factors that business will need for success. Once their plan is in place, he goes about acquiring the resources that will be needed. When the resources meet the potential, the result is a success.

Timber Creek Capital is able to manage three of these projects at a time and provide the time period needed for the businesses to grow to the point that they are profitable and he can find another business to invest in. Business that work through Sparks are guided and taught how to do things in a productive and profitable manner – Marc Sparks · Profile · Disqus.

One of the secrets that Marc Sparks has discovered in his business building experience is that one of the most important factors in success is the atmosphere of the work environment. The more collaborative and positive a work environment is the better chance the business has of being successful. He believes that the atmosphere of the work place can possess as much as 25% of the ingredients for a successful venture.

People thrive and work better in an office that has open areas, windows and exposure to successful people. Sparks believes that you shouldn’t skimp on creating the work spaces of your company because your employees, the most valuable resource of your company, are going to be immersed in that milieu every day. It will be a dictating factor separating failure from success.

Maximizing collaboration between employees and production of these workers is the specialty of Marc Sparks and he has implemented this philosophy in the dozens of companies that he has brought to creation. Sparks has put his philosophies down in his book, They Can’t Eat You. Within the pages of this book there is a recap of the lessons that Sparks learned in his world experiences to ultimately become successful.

It was these business successes that were the motivation behind the foundation of Timber Creek Capital, which is a representation of his 35 years of experience on building, launching and maintaining a successful business. His mentorship has helped make the difference in many different industries including capital investment, banking and marketing – http://www.amazon.com/They-Cant-Eat-Marc-Sparks/dp/0990495000.

When a company decides to enter the Timber Creek Capital program, they will have all of their needs met. In this private equity firm they specialize in allowing dreams of potential and passionate entrepreneurs come true.

They provide everything from office space, equipment, capital and all other materials needed for a business to become successful. Providing the proper nutrients to a business is the only way that Marc Sparks (according to Wikipedia) sees a business growing to its capacity. His experience has allowed many businesses to be created from conception of an idea to fruition of success.