Arthur Becker has long been one of our favorite entrepreneurs to follow. Looking through his career trajectory and the various companies that he has stopped at or founded along the way can be an enlightening approach for future business professionals. Becker has most recently started focusing on his work as a Managing Partner at Madison Partners, LLC and that is where we will spend most of our focus today.
Approaching the world of investing can be a heady experience, particularly when you are choosing to branch out of your comfort zone. Becker got his first start within the investment world by working in the tech sector. He became the Chairman and CEO of NaviSite back in 2003 and it was there, for nearly a decade that he flourished within the industry. However, Becker wanted much more than what NaviSite had to offer and so he made the transition to Madison Partners LLC. Madison Partners is an investment firm that is focused on the real estate and bio tech industries. Becker had always been interested in getting into real estate but bio tech was a completely new venture for him. More details can be found on LinkedIn.
When approaching a project you have to be aware of how long profitability can take to come to fruition. Becker says that he lucked out with technology saying, “I had almost an immediate profit on several investments in the technology side of things.” Becker goes on to say that this was a satisfying reward, but it wasn’t as easily replicated in future endeavors. the reason? “I rushed my business instead of taking my time.”
No matter how you choose to pursue your future business investments there is one concept that needs to stay in the forefront of your mind, “It’s easy to doubt yourself if you don’t know what you are doing.” Becker goes on to explain that his path to erasing self-doubt started by simply preparing. Becker says, “I knew what I had to do and which businesses and houses I needed to invest in. I would say that knowing all the verticals in business before diving in because it can get confusing.”
See more: http://www.huffingtonpost.com/2012/07/11/vera-wang-arthur-becker-separate-_n_1664277.html
Bruce Levenson is taking the Atlanta Hawks former insurance company, AIG to task over an issue regarding the sale of the team and buyout of Danny Ferry’s contract according to the Atlanta Journal-Constitution. This issue arose after Levenson sold his share of the franchise, along with Atlanta Hawks Basketball & Entertainment (AHBE) in 2015 to Tony Ressler’s group, reveals Forbes.com. AHBE had bought out Ferry, the former general manager’s contract and in doing so claimed that they were covered under the current insurance policy to file for a claim. AIG has refused thus far to pay out any damages or compensation to AHBE and Levenson, even though AHBE’s attorneys say they were obligated to do so. This case has now gone to court where it could be in for a long hearing.
Bruce Levenson is quite an accomplished figure both as an NBA owner, and a businessman. He spent much of his career in journalism going all the way back to his days at the Washington Star, the now defunct paper he worked for while attending American University. He and his friend, Ed Peskowitz started their own publication business in 1977, and that company soon became Unified Communications Group (UCG), the publisher of many industry newsletters and publications. UCG started a subsidiary TechTarget that Levenson has served for on the Board of Directors, and they also are the owners of GasBuddy, a mobile app that displays gas prices at a location.
According to benzinga.com, Levenson also started and chaired several charity foundations to benefit underprivileged children. One such organization is Hoop Dreams, a charity event that raised funds through hosting basketball tournaments in downtown Washington D.C. He also has contributed to the Holocaust Memorial Museum, a place that hits close to home with his Jewish Heritage. Levenson is also a supporter of Birthright Israel, Seeds of Peace, and many other Jewish activist groups.
It is a sad but common occurrence to see people who are supposed to be pensioners still trying to hold down a job and make a living. These are the things that happen when a person does not plan for their sunset when they are still strong. As investment bankers on Vimeo.com and other people that work in the sector, it is important to tell your clients all the important things that they need to understand regarding social security. This is according to one of the top investment bankers of the industry, David Giertz.
There are certain things that he thinks people need to understand regarding investing and especially social security benefits according to soundcloud.com. The first of these tricks that he wants people to understand is the fact that the amount that one will get in benefits depends on their earnings and the manner in which they paid taxes. For instance, when the person makes the mistake of reporting that they are earning less to get fewer taxes; they will benefit less from the social security fund.
Inflation is another of the factors that play a role in determining the amount that one will end up getting as security benefits. In most cases, you will find that the inflation rate has doubled since the 90s. This means that before the calculations are made, the figure will be adjusted upwards in order to put into consideration this change. David Giertz feels that these are some of the details that clients and the public in general needs to understand regarding social security benefits. By letting the public know this, you will be fostering better planning.
About David Giertz
David Giertz is the senior vice president and a main advisor to the Nationwide Investment Services Corporation. He is based in Columbus Ohio. He has decades of experience when it comes to investment banking and has earned a lot of respect because of it.