At the turn of the 20th century, the United States was experiencing many revelations. One of the biggest revelations came via immigration. The first world war had ended and it was back to business as usual. The city of Chicago became the focal point for thousands of German-immigrants, and these immigrants played an important role in American society. Small business became the norm and America most certainly benefited from them. Chicago experienced a growth spurt in population thanks to all of the new inhabitants. A quarter of the city’s population was made-up of German-immigrants, and Otto Kolschowski just so happened to be one of them.
Kolschowski became a major player in foodservices thanks to his new business. His vision was to provide the immediate area with fresh meats. This tiny meat locker was located in Oak Park, Illinois, but who knew that it would grow into an international powerhouse. OSI Group is the company’s name, and it has set new standards in providing food products to the general public. This specific company is headquartered in Aurora, Illinois, but it has many other facilities in Utah, in California and in Iowa. The Utah-based facility was its first facility that was opened outside of the Chicago area. The year was 1977, but the company would continue to expand its borders throughout the 1980s. OSI Group produces a huge number of foods, including:
- And many othersThe growth of OSI Group is enormous. In 2011, the company generated over $3 billion in revenue, and it was ranked by Forbes as the 136th largest private company in the US. As of today, the company has an estimated net worth of over $6 billion. OSI Group is at the pinnacle of its game, and it’s looking to retain its firm grip for many years to come.
One look at the resume of Louis Chenevert and it becomes obvious that the Canadian businessman has had an impressive career. Mr. Chenevert has climbed from being production manager at General Motors to the chief executive officer of United Technologies to performing in an advisory role for Goldman Sachs.
The success of Louis Chenevert is a perfect example of the philosophy that the place you start in life is not nearly as important as where you end.
Chenevert is a native of Montreal, Quebec and was born in 1958. As a child, Chenevert displayed an interest in business-related matters and learned that success would surely follow when hard work was completed.
Louis Chenevert went on to attend business school at the University of Montreal with a major in product management. This major prepared him to oversee the productions of goods at a company and assure that these goods are produced with the highest quality possible while controlling the cost to make these goods.
Chenevert began his work career working for General Motors in St. Therese, Quebec. His first job with the company was in a supervisory position on the company’s assembly line in Montreal.
Louis Chenevert worked for General Motors for 14 years before deciding it was time for a change. A co-worker of Chenevert with General Motors, Karl Krapek, urged him to take a look at the aerospace industry. Krapek would go on to join the aerospace industry himself and worked as president and COO of UTC from 1999 until his retirement in 2002.
Chenevert’s foray into the aerospace industry began in 1993 when he took a job with Pratt & Whitney Canada. PWC Canada manufactures aircraft engines and is part of the larger Pratt & Whitney organization that is headquartered in the United States.
Chenevert was able to cut production cost for PWC by ten percent in less than a year and in 1996 made a move to the larger P&W. It took three years for him to be named the president of P&W.
The upward climb for Chenevert continued and in 2006 he was named the chairman of United Technologies Corporation. Two years after joining the company that many consider being the tops in the industry Louis Chenevert progressed to being the President and CEO of the UTC.
Chenevert made the decision to retire in 2014 but keeps himself busy through a number of endeavors.
Louis Chenevert became the president of Pratt & Whitney in 1999 after serving for about six years in other levels within the company. He had earlier made a switch from the auto industry to the aerospace industry after spending 14 years at General Motors plant in Montreal. Under his management, P&W Louis Chenevert oversaw the company become profitable again since, by the time he was taking over as the president, it was not doing well at all. Chenevert used his experience to work on technology that would bring efficiency to the company. One of the things he did was to shorten the production time of engines from 2 years to nine months. With better efficiency, the company started making profits. At a time when the market was not doing very well, Louis Chenevert put in place measures that cushioned it from losses.
P&W is an aircraft engine manufacturer for both commercial and military planes. It is one of the leading companies globally in this field. The company has over 33,000 employees and the fact that he was given the mandate to lead the company after spending a short time in the company was approval of his accomplishments. With the good results he had produced with P&W the parent company United Technologies Corporation came looking for his services. P&W is a subsidiary of UTC.
At the time he was leaving P&W he had initiated the pan of building an advanced jet engine known as geared turbofan engine. As he transitioned to take up the role of CEO at UTC, he kept this idea in his mind. UTC would not only require him to deal with matters in the aerospace industry but even other technical products such as elevators and escalators, HVACs, and security systems.
AT UTC, Louis Chenevert brought back the idea of the GTF engine. He invested $10 billion in the development of this engine which despite being criticized for its huge cost at the beginning now forms the biggest budget of the company’s revenue. The engine offers some unique advantages such as less environmental pollution and low fuel consumption. It has become one of the most sought after engines in the aerospace industry.
Malcolm CasSelle graduated from MIT with a Bachelor’s Degree and a Master’s Degree from Stanford University, both degrees are in Computer Science. Malcolm is well versed in Mandarin and Japanese and who was born in Pennsylvania. His interest in computer technology has led Malcolm to a successful career in various digital media ventures. Presently, he is the CIO of OPSkins and the President of Worldwide Asset Exchange (WAX), which is a P2P marketplace.
Malcolm CasSelle has managed many ventures in the digital industry including Tronc, Inc., MediaPass, SeaChange International, Xfire, and Timeline Labs. Mr. CasSelle was also one of the first entrepreneurs to invest in the first stages of Facebook, Zynga, as well as several new companies which began using Bitcoin as their cryptocurrency.
OPSkins is an online digital asset marketplace for e-video gamers. OPSkins is a veiled virtual exchange hub which has been operating for three years and is trading in billions of digital currencies. Mr. CasSelle used the success of OPSkins to create WAX which opens the cryptocurrency environment to outside the gaming exchange for direct trading.
With WAX game aficionados and public traders they can also use systems like the U.S. dollars, Euros, PayPal, or credit card. The Bitcoin currency is also growing in popularity as the new adaption in online monetary value. WAX engages in its own tokens allowing gamers and traders to solely and easily buy and sell.
Malcolm CasSelle has grown OPSkins exponentially as a global leader in virtual bitcoin sales and which continues to change and progress. OPSkins is the first online e-commerce forum for people to buy digital sports merchandise using bitcoin currency or to sell items whose digital currency can then be transferred to their personal accounts.
Mr. CasSelle reports that OPSkins and WAX is receiving new users monthly with millions of dollars in transactions weekly. With this promising outlook, Malcolm said that he can see tokens, bitcoin and cryptocurrency growing into mainline buying and selling adjudications. Malcom CasSelle believes that by keeping the online digital currency marketplace simple that people will be more willing to use it until it becomes a daily monetary system.
Mike Baur and Max Meister of Swiss Startup Factory recently sat down for an interview to talk about entrepreneurship. The established their company to help tech entrepreneurs get through the earliest stage of forming a company. They both brought a wealth of experience to their company. Mike Baur worked for many years in Switzerland’s private banking industry where he managed the funds of investments of extremely wealthy people. Max Meister, meanwhile, has done management consulting for many years.
Several new entrepreneurs have now gone through Swiss Startup Factory’s business boot camp. They receive the funding they need to get their company’s established as well as other resources, mentoring, and very valuable connections. In their interview, Mike Baur asked questions of his business partner.
First, Mike Baur asked his business partner he wanted to co-found Swiss Startup Factory. The reason, Max Meister said, was that there was a big gap in the marketplace where new tech companies were not getting the help they needed to successfully start a company. They had fantastic ideas but no idea about how to get funding and operationally go about setting a firm up. Like Mike Baur, he felt passionate about filling this need they saw in the tech industry.
Mike Baur also what Max Meister wishes he had done differently as the CEO of Swiss Startup Factory for the past three years. The answer was that he really feels like they did just about everything right. He would have tweaked at the edges, such as spending more time asking potential new clients what their motivations were for starting a new company.
As an entrepreneur, Mike Baur says that inspiration and really great ideas will come to you. He says they most often occur spontaneously. He says this often occurs when a person needs some production and then find out it doesn’t exist and they then want to know why not. An entrepreneur, he says, will recognize that this product could be filling a need others have as well and then start to investigate farther to see if it would be a good enough idea to build a company around.
Another quality that Mike Baur says entrepreneurs need to have is trust in themselves and what they are selling if they really believe in it. They should ignore people who are just being negative and not offering any constructive feedback. He also says they should never fear failure.
The hotel industry has been known over the years for being one of the most profitable. The people who are fortunate to have enough funds have chosen to invest in the sector, and most of them have reaped great benefits. The modern consumer is very complicated, and most of the time, he is looking for high-quality services when visiting any hotel. Investors who do not invest wisely in this are disappointing their customers, and they sometimes end up with numerous profits. The business people who have done well are those who have constructed good hotels and equipped them with the kind of modern facilities the consumer is looking for. Most of the modern institutions have a gym, a swimming pool, internet connection, television set and great food. The people who have not introduced these facilities in their hotels and restaurants have not managed to stand the high competition in the area.
Shiraz Boghani is an influential businessman, and he has been brave enough to invest his wealth in the real estate industry. Over the years, the successful investor has done his best to make the lives of customers visiting his hotels better. Despite the competition and hard economic times witnessed by everyone, Shiraz has proven that he has all the qualities of a leader in the hospitality world. Shiraz Boghani is not a stranger in this field. According to his portfolio, the businessman ventured into the hospitality sector thirty years ago. When starting his career in this area, the businessman did not know that he was going to impress the whole world with his success. His parents equipped him with the knowledge he required when they took him to have his education in some of the leading universities in the world.
Just recently, the serial entrepreneur was recognized as a winner in the recently completed Asia Business Awards. According to a report from the platform, Shiraz was given the hotelier of the year award due to the numerous achievements he has made while working as the chairman of one of the leading hotels in the United Kingdom, known as Splendid Hospitality Group. Getting the title was just an appreciation for what the successful businessman has done for the competitive department in the last thirty years.
Shiraz Boghani serves as the founder and the chairman of the prestigious Splendid Hospitality Group. According to the investor, he chose to venture into this sector many years ago when he realized that he was passionate about the activities carried out in the hotel industry. His success story has motivated other businessmen in the world.
Visit owler.com for more details about Shiraz Boghani.
As Felipe Montoro Jens began becoming the CEO, Financial Manager, CFO and President of corporations, a businessman and an entrepreneur, the leader inside the economy expert showed up. Many regard Felipe Jens, a Brazilian who graduated from the University of São Paulo of Getulio Vargas, a genius in the fields that he tackles. There are many industries that have the special attention of this leader and innovator in Brazil, that, dozens of subjects, like projects that are announced by the Brazilian government, are given the chance for Felipe Montoro to comment on them.
As of 2018, the beginning of the year has already shown remarkable changes in comparison to the previous year in the scope of the entire government and their solutions for the selling market. Many airports are being sold, or their prices are being put on the market to start the year on the right foot. This is a strategy from the Brazilian government to control the inflation and account for the changes in their currency during the most significant time of economic instability in the nation: The year of elections.
As it is natural to all countries with an established Democracy, the year where the voting happens is the one where there is more tension in the air, and, because of that, investors tend to pull back because of the instability. As of 2018, that holds true: This is the time that Brazil was preparing for since the last election, where one of the most controversial long-lasting Ex-Presidents might run for the occupation again. That, of course, divides the nation in half.
However, with the changes that the government has issued for the remainder of the year, as Felipe Montoro, a specialist in the subject, has stressed, the population will be better prepared for a very important year in the nation’s history.