GreenSky Credit has emerged as one of the top-growing companies in the fintech industry. And this has happened amid a collapsing landscape for many of the players within the sector. While OnDeck and Lending Club have crashed and burned in a heap of toxic ashes, GreenSky has soared, reaching a valuation of more than $5 billion and doing about that number of new loans every year.
Making it work by doing what works
The problem with so many of the Pollyannas of the fintech sector was their starry-eyed adherence to business models that had virtually no chance of ever working. While going after social-justice oriented goals may seem appealing for those who would like to change the world, such philosophies rarely turn out well in the ruthless global marketplace.
OnDeck and Lending Club thought that they could change the world too, that they would be the ones who would finally impose rigorous equality among all of the lending industry’s clients. Why couldn’t homeless transients who had never held a job own a 5,000-square-foot mini mansion? And for that matter, why couldn’t people with felony records and no income be extended small business loans on the same terms as prime borrowers? These were the questions that perplexed the founders and executives of many of GreenSky Credit’s wayward competitors. And these riddles would ultimately be answered by the age-old ruthless and decisive method, testing them in the free market. The resulting short-bus cliff dive is a matter of record now.
But David Zalik and GreenSky Credit had a far more sober and clear-sighted view. Zalik decided that GreenSky would concentrate only on proven lending strategies. Rather than trying to reshape the industry to some twisted Marxian image, Zalik would use technology to do more of what was proven to work. By following this strategy, GreenSky Credit was able to quickly impress lenders across the nation, easily convincing them to partner with the company in extending loans to borrowers who, on average, had FICO scores in the 760-plus range.
The result has been a company that gets a 6 percent fee from retailers while receiving a 1 percent annual carrying fee from lenders. The firm’s success continues unabated.
If you want the definition of poetic justice in the form of success- think of Whitney Wolfe, founder and CEO of Bumble, a woman’s empowerment app. She was also a keynote speaker at the Forbes #30Under#30Summit further proving this is a woman to watch out for. At a time where dating apps are the most popular apps around, Whitney Wolfe decided to be the unique knife to slice at the completion. Given the trajectory of her career path it is little wonder that the app has now reached 34 million registered users and amassed an impressive $100 million in revenue since its 2014 launch.
Connect with Whitney Wolfe by visiting her linkedin account.
Whitney Wolfe had her “humble” beginnings as cofounder and vice president of marketing at Tinder. However after the 2014 public drama involving ex boss/boyfriend calling her degrading names and slurs and subsequently enduring insults from those on social media, she finally took the time for herself by going to Texas to plan her next business moves and where she subsequently met her husband.
Wolfe reportedly says, “She is just too busy to harbor resentment towards anything and anyone.” Proving that what Beyonce said is true:”The best revenge is “your paper”
This is not to say that Whitney Wolfe’s path to centimillionaire was seamless and smooth sailing. The 28-year-old start-up business woman had to think about who her core audience should be: Women. Next, she received an email from Andrey Andreev, born in Moscow, who’d founded Badoo, an online dating network with registered users in 190 countries. With his initial investment of $10 million and lending his experise to her, Wolfe has now packaged a goldmine.
According to Forbes.com, The Bumble app woks by having two members of opposite sex swipe right for a match and the woman then delivers a message to her suitor first- so she makes the first move before a date.
So, how does Bumble empower women?
By giving them options, freedom of choice, and by restricting foolishness to allow for pure romance to take place.
TeenSafe is an application that allows parents to monitor and discover what their teens driving habits are like. Statistics show that teens are the largest group to experience a fatal crash when it comes to distractions while driving. It’s no secret that parents worried about their teen drivers and especially their use of their smartphone when behind the wheel. It’s very important to teach your child defensive driving techniques. There are a list of driving education courses teens can access online, however, they may not provide defense and self-awareness techniques need when they get on the road. It’s much more than just passing a test and understanding the rules.
Now several organizations have begun to offer driving instructions that also involve defensive techniques. It’s been found that driver’s ed is not teaching drivers how to maneuver on water nor are they showing teens how to safely drive in dangerous conditions. This also includes dealing with and negotiating dilemmas that can arise when it comes to traffic. Throughout all of these situations, young drivers must understand how to react when confronted with these issues while on the road. A panicky driver can create a dangerous situation and possibly a fatal crash. When a teen has proper knowledge and the know how to handle these experiences they will become a better driver.
Often times parents do not have access to the driving courses to show teens how to navigate through these problems. What they can do is take their teen to an open parking lot after bad weather and teach them how to handle their car during this kind of weather. They can also help them with decision-making regarding sliding or emergency skidding. A defensive driving checklist looks like this:
The TeenSafe application is designed to give parents peace of mind. They get to know that their child is obeying the rules while they are driving. It is an efficient monitoring service that keeps parents up-to-date on how and when your child accesses their smartphone and they are on the road.
We have all heard the expression, and song, “This is a man’s world,” but in this day and age woman can be found making that baby spin! Ruth Erickson is the leading lady, and the founder of the IC Systems and a significant part of their success is because of her competence, diligence and work ethic. Her legacy continues to influence the company today. Ruth’s legacy began in 1938 when she started the company with her husband, Jack. She was very hands on and played a vital role from the very beginning which was rare in that day and age for a woman to have such a dominating presence in the decision making of corporations. Back then a woman was mostly seen and not heard.
Like most of the working woman in today’s modern world, Ruth had additional responsibilities beyond her regular job that forced her to multitask and get several things accomplished. She not only did she do her regular job, and do it well, she also took responsibility for communicating with the consumers through letters. The people in the office who new Ruth personally was always impressed by how many letters she would write on top of her usual job. This drove business upwards and ultimately led to the companies success.
In today’s business world the achievements of men are amplified and usually talked about more \so it is nice to see a company give credit where credit is due. IC Systems continues to thrive today and they show no signs of slowing down or fading, They have a predominant presence in their field and their reputations exceeds them. Ruth was a pioneer of that day and age, and she can set an example for the woman of today’s business world. There are no ceilings, the sky is the limit.
Custom Companies Inc was established by Perry Mandera, the pioneer of a company that is now helping others in making transportation easy. He founded the company as commitment to his family and community. Having graduated from the local, Chicago School, he joined the U.S. Marine Corps and went on tour before being assigned to serve at the motor pool. That marked the beginning of driving lessons. He specialized in truck-driving. It was after his honorable discharge that he founded Custom Companies. Today, he is identified with this company. Here is more on what Custom Companies does.
Custom Companies Inc is a successful transportation company that serves thousands of clients. These clients range from small companies to Fortune 100 firms. Yearly, it registers more than 200 million in terms of sales. It has also employed hundreds of workers.
Location and Services
Situated in Northlake, IL, Custom Companies Inc has additional offices and employees in America. Apart from that, it offers a broad range of services including domestic, international freight, truckload, local cartage, logistics, and contract cartage. Following the success of this company, Perry Mandera was recognized as the ”Top 100 American Transportation Personnel in 2000. He also serves as the head cheerleader of this department.
Today, Custom Companies Inc is a major donor to the Chicago community. Under its leader, Perry Mandera, it has become the major energy dispenser and financial services provider for many charitable organizations. The company has focused its proceeds towards children as well as youth organizations. Some of these organizations include The Walter and Connie Payton Foundation as well as The Jesse White Tumblers. In both, Custom Companies is the sponsor.
The foundation of Custom Companies Inc was based on providing relief to the community. Most fundamentally, the company has supported victims of natural disasters including those who were struck by the tornado in Washington in 2013. Other people this company has supported include the victims of wild fires of California. Through these projects, Custom Companies Inc gave life to Custom Cares, its affiliate. Currently, it continues to offer transportation services alongside supporting the community through its donations.
Johanan Rand is the famous founder of Healthy Aging Medical Centers that are located in New Jersey. He is a rehabilitation doctor, physical medicine and also a great Physiatrist. He is a former student of the famous Einstein Medical Center in New York, United States. His work is practicing Peer-Review Medicine. He has been known for his considerable efforts towards ensuring that he helps as many people as possible achieve in their career. He has been on the first lane doing thorough research when it comes to matters relating to his profession. He is very optimistic and passionate about his career journey and has helped a lot of people attain their goals in life. His star of success has continued to shine all through.
Johanan Rand is also a great author who writes great and educating journals relating to his career. He always prescribes treatments to think he is very sure of. The thing that he later puts on medical articles and journals. His work has always been backed up by thorough investigation and professionalism.
Johanan Rand is very understanding, kind and also very sensitive to patient’s health needs and also their concerns. He is so humble to them and always listens to them before planning on the best treatment methods and procedures. He is a renowned fitness and health expert and has become a great role model for his clients. He has been able to help them attain their important goals in life. He is passion driven and has always been motivated by the art of high commitment and success.
Johanan Rand is currently working on his new book by name, ’it is too late to live past 100’. He is basing his facts on a well-researched report and has focused his skills on the best career advancement. His passion has been to succeed in his career and have always dedicated his life towards greatness in life. He has a contagious motivation and enthusiasm and prides himself towards making many people reach their health goals. His programs emphasize on supplements, bio-identical hormones, nutrition and also fitness.
Any serious investor knows how valuable financial information is. Receiving proper advice and strategy are crucial components of successful investing. Founded in 1999 and operating out of Baltimore, Maryland, Stansberry Research has been offering an arrangement of suggestions, strategies, and guidance for those in the investment world. Their multifaceted approach gives their company depth and diversity. Risk management is an integral part of any investors equation. Stansberry Research puts their subscribers at ease by not holding back any information and identifying key investment possibilities. The company’s model is built on forming a long lasting rapport with their patrons. Establishing genuine relationships is a primary goal for them as they do not seek to earn money from trial subscriptions. Allowing all of their proposals to be publicly analyzed each year shows the transparency and answerability of this company. Investors want to know the advice they are being given is sound and has proven to be so in the past, so this public track record is vital and assuring. “Treat others how you want to be treated” is the motto of their business. Their subscribers feel secure with the customer service they receive and knowledge they attain. Not serving as advisors or brokers, Stanberry Research provides publications that inform their subscribers as thoroughly as they’re able to. The suggestions they make are based on the vigorous research they take part in. The firm provides updated notifications on every major stock market worldwide. Some publications only release information monthly, however Stanberry Research provides opinions and information daily as well as weekly. The investors geared conferences that this company sets up gives an even more in depth analysis of the information they supply through their publications. Their customers hold them in a high regard and this is because they deliver every time. The Diversity of what they publish leaves something for every investor to look into.
Paragon Bioscience is a biotechnology incubator and an investment organization which was established with a significant purpose of helping individuals with illness that lack a specific therapy. Jeff Aronin is the Chief Executive Officer of Paragon Bioscience. Mr. Jeff is known for his generous heart for helping those suffering from rare diseases. The biotechnology group has been using advanced research methods to discover new innovative approaches for treatment and medication. Ever since the foundation of the medical research firm they have been using new treatment methods which exceed the already existing therapies in the pharmaceutical sector. Despite the groundbreaking techniques for treatment studied and used in the medical industry, Jeff Aronin wants to make a difference in the industry by taking the biotechnology to higher levels.
Through Paragon Bioscience, Mr. Aronin has been using his innovation and experience to heighten medical conceptualization for treating patients with rare diseases. Jeff believes that one needs to go beyond the current idea to treat conditions. Paragon Bioscience work together with a team of experienced researchers and who are passionate about studying new treatment methods. Paragon has also been working with some companies, and each company has researchers who are working on innovating treatment for a specified illness. Each of the organization is led by different leaders although they are part of the Paragon Bioscience portfolio. Paragon Bioscience is a brand name in the biotechnology industry and through Jeff’s Aronin leadership and his team of researchers they have developed 14 drugs which have been approved by the United States Food and Drugs Administration (FDA).
Jeff Aronin is passionate about the biotechnology sector, and even though his organization prides herself for being among the top companies in the medical industry, Jeff is not satisfied by the Food and Drugs Administration approval, and he is committed to providing financial assistance to medical researchers who are dedicated. Mr. Aronin has been offering researchers with the needed funds in their studies. Aronin’s research team is committed to finding treatment for rare blood disorder to other illnesses which are related to the nervous system, and they have been working effortlessly to find ways in which patients can live longer and healthier. For over 20 years Jeff Aronin has been working in the biotechnology industry.
Robert Ivy is the executive vice president and CEO of the American Institute of Architects (AIA), which he holds since 2011. He is a man with an impeccable character and thus making him be recognized as a recipient of the Noel Polk Lifetime Achievement. This award is given to artists and art sponsors in Mississippi. Before now, no architect has ever won it. Therefore, Robert Ivy becomes the first architect to win the award. He was presented the award by the Mississippi Institute of Arts and Letters (MIAL). Check out on youtube for more updates.
His latest achievement has attracted appraisals from associates. The president of MIAL, Nancy Laforge, said that he is a man with an awesome personality, who has made architecture more obtainable to the residence of Mississippi. She added that the award given to him was duly deserved. Similarly, Carl Elefante, AIA president, congratulated him; adding that he is a worthy ambassador to the profession. Other people to have won the award are Eudora Welty, Shelby Foote, Morgan Freeman, Leontyne Price and Walter Anderson.
Since AIA existence, it is experiencing its highest global recognition due to his influence in the firm. His impacts on AIA have led other American architects around the globe to practice through the help of the seven world chapters of AIA. This award given to him didn’t come as a surprise to people because he is a previous honoree of the Master Architect award and the Dean’s Medal of the University of Arkansas. On June 2nd, Robert Ivy and Andrew Cary Young, an artist, would officially be honored with the award.
Robert Ivy is a commentator, writer, and author. He published a book in 2001 called Fay Jone: Architect. He worked with Architectural Record as the editor-in-chief. While working with Architectural Record, he helped lift the status of the firm globally. He also helped the firm in achieving different awards like the National Magazine award. Furthermore, he oversaw his firm’s blueprint and construction media during its expansion in China, which resulted in the launching of Architectural record in Mandarin Version, and in the Mideast countries.
Robert Ivy began working in 1996 as the editor in chief of Architectural Record, an architectural journal that has over time grown to become the widely read journal among the architects. He previously held the role of the Chief Editor at McGraw-Hill Construction Media. Its journals include HQ Magazine, the Magazine of Sustainable Design, Constructor, and Architectural Record. During the designing of the National Dwight Memorial, Robert Ivy served on the architect’s panel during the selection of, Frank Gehry as the lead architect.
From 1981 to 1996, Robert Ivy served as a professional principal at Dean & Ivy as well as a critic for various architectural journals. Ivy’s relentless efforts helped Architectural Record to earn numerous prestigious awards for its excellence in publishing. These awards included the American Society of Magazine Award. It was also recognized by the premier magazine journalism for performing excellently in the publishing industry. The award came as a surprise because professional journals rarely bag some of these awards. Besides, the architectural journal was also awarded the Website of the Year Award by the MPA Digital as well as 26 Jesse H. Neal Awards.
Robert was in 2009 honored with the Crain Award, which is the highest recognition for a publisher in the American media industry. Previously, he had won several other distinctions including the 1998 McGraw-Hill Award for his superb managerial skills. Over time, Ivy has earned designation as the Design Future Council’s Senior Fellow. In 2010, Robert Ivy was unanimously voted as the Lead Architect by the national architecture association, Alpha Rho Chi. That honor was in recognition of his relentless efforts of advancing the value of architecture in the society.
Over time, Robert Ivy has grown his career to become an iconic architect. He even shares the designation with the first holder of a degree in Architecture in America, Dr. Nathan Clifford Ricker. Other iconic architects that Ivy shares designation with include Lude Mies van der Rohe, Cass Gilbert, I.M. Pei, and John Wellborn Root. Robert is one of the seven architects to have ever won this honor in the 100-year history of the American architecture fraternity. He is also the only architect to have ever won this prestigious award in the 21st century. Robert currently works at American Institute of Architects (AIA), a professional organization for American architects as the Editor in Chief. Here, he specializes in community redevelopment, education, public outreach, and government advocacy to improve the image of the architecture profession.