Jeunesse Global strikes a chord with Instantly Ageless

It’s not often that a new player in a well-established industry can come along and shake things to their core. It is even rarer to see a company with no venture capital financing of any kind being literally built from scratch out of a garage, then going on to take over large swaths of a global industry.

But as it incredible as it may be, this is the story of Jeunesse Global, one of the most important health and beauty manufacturers in the world today. Started in 2009 by industry veterans Randy Ray and Wendy Lewis, Jeunesse Global had the humblest of beginnings. The couple had long been independently wealthy and had decided to finally throw in the entrepreneurial towel, having accomplished more over their career than most corporations accomplish over hundred-year histories.

But the couple quickly discovered that the boredom and ennui produced by retired life wasn’t their calling. They began selling a few beauty products out of their Florida mansion’s garage. Before long, they found themselves spending more than 40 hours per week on the new venture. Jeunesse Global was birthed.

Over the next decade, the company would go on to experience exponential growth every year. Today, Jeunesse Global has been estimated by some analysts to be a nearly $1 billion company, recording hundreds of millions of dollars in sales each year and having more than 10,000 distributors across the globe.

The secret to this phenomenal success has been the ability of the company to spot market opportunities and then create innovative products to fill those niches. One such product has been the company’s wildly popular micro-crème known as Instantly Ageless. This product has been scientifically proven to reduce the appearance of wrinkles. It also acts as a facial wash, preventing pores from becoming infected as well as improving the skin’s natural elasticity, instantly taking the appearance of the user’s face back 5 to 10 years.

Instantly Ageless is designed to go on easily and last all day. With just one application in the morning, it can provide lasting beauty enhancement throughout the entire workday, no matter how stressful the circumstances.

https://www.businessforhome.org/companies/jeunesse-review/

How Louis Chenevert Became a Legendary in the Investment World

Many factors determine the direction that every company takes. One of the most significant factors is leadership. The CEO of an organization is the driver of a conglomerate and needs to navigate wisely to be able to take the company to the next level. This is why every firm needs to be careful about who they nominate as the President and CEO of the Company.

United Corporation Technologies (UTC) was keen in appointing their CEO in 2006, and their decision made a permanent difference to the firm. The current CEO of the firm says that the mechanisms that Louis Chenevert used are still employed in the firm to maintain the standards of the conglomerate.

Here are some tips on how Louis Chenevert became legendary in the investment world;

Investing in the Future

Louis Chenevert led UTC to invest in future high technology. He was not only concerned in the assets of the company but the employees of the firm as well.

Louis Chenevert believed that it was through organizing and empowering his team that he could accomplish his goals as the CEO. This is why he chose to transfer his employees to other sectors of the firm where their skills would be valuable.

Louis Chenevert saw investing in future technology as the only way of safeguarding the future of the USA.

Creating Environmental Friendly Products

Besides being a successful businessman, Louis Chenevert is an environmentalist. When he realized the high level of global warming, he found a remedy. He reduced the consumption of water as well as the emission of gases. As a result, the products of the company were acceptable in many countries which increased the sales of the company. Louis encouraged other firms to follow the same path.

Meaningful Acquisitions

During his reign, Louis Chenevert made purchases that have been confirmed very valid to the firm. For instance, the Pratt & Whitney acquisition that cost the firm $10 billion and 20 years to develop has been very productive in the long last.

He also made history in the United States for crossing a $16 billion aerospace deal with Goodrich.

http://www.courant.com/business/hc-goldman-sachs-louis-chenevert-20150909-story.html

Eric Lefkofsky: American Business Man and Charitable Billionaire

Eric Lefkofsky, Jewish American entrepreneur, was born September 2, 1969 in Detroit, Michigan. As Eric grew towards adulthood, his passion for law and business would fuel both his education, and future venture capital.

At age 18, Lefkofsky graduated from Southfield-Lathrup High School to peruse an education at the University of Michigan. While in attendance of the university, he began what would be a long standing business career by selling carpet on campus. Graduating with honors in 1991 at age 22, Eric furthered his education by attending University of Michigan Law School where he received his Juris Doctor, a professional law degree.

Currently known as Chairman of Groupon, and co-founder of Lightbank, a venture capital firm, Lefkofsky was not always such a successful entrepreneur and philanthropist. His original entrepreneurial ventures were smaller and less successful, but in 2001 he helped found InnerWorkings. InnerWorkings, a print procurement company that helps manage costs of printed items such as leaflets, brochures, and magazines for mid-size companies, has witnessed growth and has continued successful stock ratings in the United States. As of 2012, Lefkofsky left the company for bigger and better ventures.

MediaBank, a company that procures media technology, was Lefkofsky’s next business venture with his college friend Brad Keywell. MediaBank in 2007 bought out Datatech, the number one media buying company in the United States. In a $1.5 billion deal, MediaBank became Mediaocean after it merged with Donovan Data Systems.

Possibly one of Lefkofsky’s most successful and notable companies is Groupon, an e-commerce marketplace that connects subscribes to local merchants whom offer services and goods at a marketable price. In 2007 however, it was known as The Point. Andrew Mason, founder of The Point, wanted a web based company that would allow people to organize behind causes they found important and achieve a certain goal based on their cause. The company in it’s state only grew a small attraction as people wanted to back and organize for savings and deals. Seeing the opportunity, Lefkofsky funded the company with a cool $1 million. In 2008, the company changed its name to Groupon- a combination of the words group and coupon as homage to what the company now sought to do. As of 2010, Forbes declared Groupon the fastest growing company in history. In 2013, Lefkofsky became CEO of Groupon but later stepped down to take the roll as chairman in 2015. As of 2014 they had a reported income of $3.2 billion and an estimated 10,000 employees.

Beyond business ventures, Eric and his wife Elizabeth Lefkofsky have both been charitable with their earnings. In 2006 they started a charity trust called the Lefkofsky Foundation, a private foundation that contributes to smaller organizations, programs, and research that may improve the quality of their surrounding communities. That includes initiatives that introduce foreign culture, further education, and benefit medical research. They are also participating members in The Giving Pledge, a foundation started by Bill Gates and Warren Buffet to encourage globally influential people of wealth to redistribute some of their earnings to charitable causes.

More for here: Lefkofsky Takes the Lid Off Tempus, Partners With Northwestern on Personalized Cancer Care