Entrepreneurship is one of the most important values in today’s society. As the economy continues to recover more and more people are looking to start their own business. There are thousands of wonderful entrepreneurial success stories from around the world, but one of the biggest stories in the history of Entrepreneurship is the story of Vijay Eswaran.
Vijay Eswaran is the founder of Qi Group, which is one of the most powerful companies in Asia. He started the company in the early nineties, and over the course of the next two decades he managed to take the company all the way to the top. There are several wonderful qualities that made Vijay a successful entrepreneur. Recently, Vijay gave an interview in which he was able to give key insight into the facts that have made him a very successful man.
One of the biggest insights that Vijay had to give was how he came up with the specialty of Qi Group. He formed a team to lead the business in the early nineties, and for more than a year the group agonized over what they should offer. They ended up studying markets in Europe extensively and they discovered that one market that was working especially well is numismatics. Coin collecting was especially popular in Europe at the time. The call was quite intelligent as coin collecting quickly took off in Asia.
Qi Group also decided to invest in precious metals, because Vijay noticed that the precious metals market was at an extremely low point in the history of precious metal trades. Precious metals have since taken off and have turned the Qi Group into one of the most profitable companies in the world.
Vijay also took the time to talk about the fact that entrepreneurship features a great deal of struggle. This is a point that many emergent business leaders do not realize until it is too late. Vijay stated that we he started out on his journey that he did not have the support of his friends and family, and he also was rather low on funds. Vijay said that it was an extremely tough struggle, but rather than give up, he was extremely motivated by his struggle. He came to work everyday refreshed and was ready to take on a new battle.
Vijay is one of the most successful men in the world of business today. His ability to look forward and see what direction the market was headed in allowed him to become one of the most successful men in the business world. Vijay has endured some tough times, but his entrepreneurial spirit has guided him to where he is today. His story is a great one for those that look to achieve success.
Those who are involved in the healthcare industry recognize the name of Deirdre Baggot as a pioneer in the area of healthcare payment reform. She is well known as the architect of and major proponent for the concept of “bundled payments”. Operating under a bundled system means that the healthcare provider is paid a single, proscribed amount of money for all services provided in the treatment of a specific disease or condition. This system ensures that there are no shortcuts in care and it reduces deaths as a result of improper treatment. It is more efficient than traditional payments because costs are reduced for both patients and facilities and patients stay healthier because they receive proper treatment the first time they seek it. Follow Deirdre Baggot on Instagram
Even if you are familiar with Deirdre Baggot, here is some information that you may not know. She spends her time leading demonstrations, participating on panels, and speaking at conferences in support of the bundled payment concept. She serves as a consultant with a number of businesses and many others listen to her advice. Her payment innovations have generated over $5 million for two healthcare advisory firms with whom she worked. She has designed and implemented new payment models with companies or Medicaid and Medicare in over 200 hospitals. Her model has achieved the best results in the industry by reducing costs, improving the quality of care, and upgrading the total patient experience.
With her passion for payment reformation and her commitment to a variety of ventures, Deirdre Baggot’s daily schedule can quickly get out of control. She finds that she needs checklists to prioritize her activities and help her maintain focus. She also imposes her own project deadlines rather than rely on external pressures to complete a task. She begins each day by conducting research and recording details in an outline. She has her team of experts evaluate all her ideas even while she works on new ones. Her next commitment will be to medical wearables which are technological devices that are worn by patients to track personal health and fitness information. She will never complete her search because as she has often said her motivation comes from being the “hardest worker in the room”.
Matt Badiali has uncovered very interesting news in a buried U.S. statute regarding shareholders of publicly traded partnerships. Mr. Badiali, a personal finance professional with a focus on natural resources investing, knows that there is a statute, 26 U.S. Code 7704, that allows energy concerns to send earnings on to their investors, on either a monthly or quarterly basis. The firms that can disseminate these earnings, under the aegis of this code, have to be “master limited partnerships (MLP)” involved in the natural energy sector, which is also why Matt Badiali is well aware of this.
MLP’s have 2 different types of partners within it. There are general partners, which as the name lends, oversee daily general operations of a fund. In addition, there are all the investors in the fund who are also considered partners, but they are limited partners. Investors are considered “unit holders” as opposed to shareholders, and it is through this unit-holder structure that required distributions are funneled to investors. MLP’s are not required to pay any type of a corporate tax, so the gross advantage is to be able to redistribute copious amounts of earnings to unit holders in funds that would otherwise have a date with the IRS.
MLP’s are most often found in stable, long-term growth industries, like the natural resource sector Matt Badiali covers. The fact that they have so much additional cash rolling around from their “no-corporate tax structure,” MLP’s can offer very high yields as compared to most every other vehicle.
President Nixon saw the United States as absolutely having to protect itself from over-reliance on foreign sources of energy, so he though the best way to induce investors to support domestic concerns in the natural resource sector was to give them the opportunity to make handsome returns. Matt Badiali is helping Americans invest in themselves and their future.
MLP’s are open to anyone with a few hundred extra dollars to invest, but the greatest rewards are found from investing larger amounts of money. Starting small, getting comfortable and then seeing the results should induce greater investing. Even more encouraging is that the only time a taxable event is recognized by investors is if they sell their units in an MLP, so the benefits are very clear on this type of smart investment.
David McDonald started as a farm boy in Iowa, earning a Bachelor’s Degree in Animal Science from Iowa State University (ISU) in 1987. While at ISU, he also earned the Wallace E. Barron Outstanding Senior Award for “high character, outstanding achievement in academics and university/community activities, and promise for continuing these exemplary qualities as alumni.” Today David McDonald is still devoted to his alma mater, working with the university’s Agricultural Entrepreneurship Initiative, contributing to the Alpha Gamma Rho scholarship fund and establishing and supporting internship opportunities for ISU students at OSI Group. In 2004 he was presented the ISU Alumni Association’s Young Alumni Award, and in 2014 he earned The Emerging Philanthropist Award from the Iowa State University Foundation.
Joining food processors OSI Group right out of college, David McDonald spent the next thirty years learning the business by working in a number of different positions, starting as a project manager and leading to his present position as OSI Group’s President and Chief Operating Officer. Along the way, he acquired expertise in food processing, production, and logistics across international borders. Starting as a small butcher shop serving the German population in West Chicago, Otto and Sons, now OSI Group has grown into a worldwide leader in food processing, serving Burger King and McDonald’s restaurants, Papa John’s pizza, Subway subs, Starbucks coffee houses, and clients around the world.
David McDonald was instrumental in the recent expansion of OSI Group into China. Taking over Dutch food company Baho Foods allowed further expansion into Germany and the Netherlands. Buying food processor Flagship Europe allowed even greater expansion into the European marketplace. McDonald has stated that since OSI Group’s business partners understand the business culture in their respective area, the best management decisions are made “closest to our customers,” and rely on the expertise and familiarity of partners from the region. Thanks in large part to McDonald’s stewardship, OSI Group today is a worldwide group of companies with over 65 plants spanning 17 countries and employing over 20,000 people.
Born in Haifa, Israel, Adam Milstein, the son of Hillel and Eva Milstein both immigrants from Argentina 1948 and Mexico 1949 respectively. He was the first son among three siblings. He joined Israeli Defense Forces in 1971, and 1973 served the Yom Kippur War. After the mandatory service, he joined the Technion, Israeli Institute of Technology graduating Cum Laude in 1978 with a B.S. degree in Business and Economics. He joined his father while in his higher education years to expand their real estate development and construction business.
Adam Milstein got married in Haifa in 1974 to Gila Elgrably and moved to the U.S. in 1981 with their two daughters and the third being born after their move. He received his MBA degree from the University of Southern California, Los Angeles later serving as a sales agent in the commercial real estate. He is currently the co-founding partner of Israeli –American Council and is also the chairperson of its countrywide expansion. He as well holds a seat in various organizations such as StandWithUs, Hasbara Fellowships, Birthright Israel, Stand By Me, AIPAC (American Israel Public Affairs Committee), Jewish Founders Network.
Both Adam Milstein with his wife are the co-founders of The Sifriyat Pijama B’America which issues free books each month written in Hebrew, educating Jewish principles to over 70 Israeli-Jewish-American families living in the U.S.
In a recent article, he states that North America joined Europe which sprouts up a growing alliance between radical leftists and radical Muslims. The radical Muslims execute gays, step on human and minority rights.
Adam Milstein further illustrates how the radical Muslims’ focus on the destruction and delegitimization of Israel which is the historic land of the Jews, fanning the flames of the anti-Semitic. By building of these collaborations, they seek the destruction of Western values of tolerance, democracy, and freedom which are the solid principles of Israel, the sole democracy in the Middle East as well as of America. Adam Milstein sums up his article by stating that the growth of the alliance threatens both life in America and also future of the Jews all over the world.