Category Archives: Business Challenges

CEO Rick Smith and His Numerous Achievements

Securus Technologies is one of the largest correctional facilities’ providers in the world. The company was born, in the year 2004, as a result of a merger between T-Nex and Evercom, the two leading technology providers for prison. Today, the company boasts of having served an excess of 1.2 million prisoners and approximately 2,500 facilities.In the recent past, this company has been in the lime light for a number of things. Firstly, they have been praised for boldly asking GTL for a technology bake off. This shows that the company is extremely confident in what it does. Securus Technologies a few years ago used over $650 million to improve their product and customers service. Using the money, Securus built a state of the art call center. The call center employees enough employees to ensure that customer service is 24/7 and that people no longer have to wait in line for hours.

Additionally, the money was used to ensure that each two weeks, at least two technology products are released. This has been a great stride for the company. It has enabled them to come up with creative products such as video visitations, creating value for prisoners and their families and the correction facilities.As we acknowledge the great strides that Securus has made, it is only fair to acknowledge the man behind all that work. Richard. A. Smith is the CEO and Chairman of Securus. He joined the company in the year 2008 and since then the company has only been soaring high.

Why Rick Smith is the Perfect CEO for Securus

Experience is the number one factor that makes Rick Smith the best man for the job. Smith has over 4 decades of experience in the technology industry. Over the many years, he has acquired extensive knowledge that Securus could capitalize.Before joining Securus, Rick Smith worked for Eschelon Inc. He had been with the company since the year 1998 to the year 2007. He started out as the Chief Financial Officer, a position that he held for two years. In the year 2000, Rick Smith was promoted to President of the company. This was only a year after receiving a promotion to the position of Chief Operations Officer. In the year 2000, he was again promoted to be the company’s Chief Executive Officer.In the Past, Rick Smith also worked for Frontier Corp, which is today known as Global Crossing. His tenure at Frontier Corp lasted 26 years, having served the company since the year 1972. During the 26 years, he was in various leadership positions including Chief Information Officer, Controller, President of Mid West Telephone Operations, Director of Business Development and VP of Financial Planning.

John Goullet and His Role in the Birth of Diversant

Diversant is a leading African-American owned IT staffing and solutions firm in the United States. Diversant provides diversity products and industry-leading IT staffing solutions such as innovative diversity solutions and staff augmentation and hire. Diversant is classified as a Minority-Owned Business Enterprise (MBE)

Diversant’s CEO Gene C. Waddy is the visionary and brains behind the formation of Diversant. Under Gene, Diversant has enjoyed exponential growth and has built its reputation as an industry leader in offering IT staffing solutions to the Fortune 500 companies in the United States.

Goullet started out as an IT consultant but later branched out to IT staffing due to changing market trends. As an entrepreneur, Mr. Goullet formed Info Technologies that focused on offering IT staffing solutions. As the IT sector grew, Mr. Goullet knew that companies would fight to poach the best IT talent available in the market. He narrowed down his market to Fortune 500 companies where he recruited top IT talent for them.

Within five years of inception, Mr. Goullet saw his business grow to over $30 million in revenue. In 2010, John Goullet and Gene Waddy engineered a merger between their respective companies to form Diversant LLC. Under Diversant LLC, John assumed the title Principal where his passion, innovation and entrepreneurial skills are helping him develop new solutions to the challenges facing the volatile IT space.

John Goullet currently serves as a Principal of Diversant having been the CEO of Info Technologies, which he founded in 1994. Before founding Info Technologies, he worked as an IT consultant and later as an account executive for IT staffing. He formed Info Technologies after gaining experience and expertise in IT staffing. Info Technologies primarily focused on understanding staffing needs of its clients then would match the skill sets of its consultants to meet client’s needs.

Goullet graduated from Ursinus College. His business acumen saw him recognized by Magazine Inc. 500. The magazine recognized Info Technologies as one of the nation’s fastest growing private organizations. Goullet has served at some different companies including Computer Sciences Corp, Lyndhurst, The Constell Group, Cap Gemini America and so on.

Kevin Seawright Expands Newark Summer Youth Employment Program

A collaboration between the Newark Community Economic Development Corporation, One-Stop Newark Works, Newark city officials hopes to give youth employment opportunities in the summer of 2016. Newark Community Economic Development Corporation CFO Kevin Seawright stated the Newark Youth Summer Work Enrichment Program seeks to make 3500 jobs available for the city teenagers. Participating in the summer employment program are local colleges, Essex County College, New Jersey Institute of Technology (NJIT) and Rutgers University-Newark.

The Newark Youth Summer Work Enrichment Program will offer six weeks of summer employment, starting July 5th and ending August 16th. It provides on-the-job training, lectures, financial management and college/vocational training preparedness programs. Hired students are paid the State of New Jersey minimum wage of $8.38 per hour.

Seawright has joined forces with banking institutions, Santander Bank, and TD Bank, to offer students financial literacy instruction. “This way, the students, and individuals can learn how to open their own checking and savings accounts,” remarked Seawright on his Twitter. “This basic skill is the foundation for financial success both now and down the road when they graduate and enter the professional workforce.” It is hoped hired students will learn valuable life and financial management lessons now and when they enter the workplace.

Enrollment for the Newark Youth Summer Work Enrichment Program went digital for the first time this year. Applicants must enroll online. With online enrollment streamlining the application process, in another interview Seawright remarked, “We have turned what is traditionally a six-week process into a 30-minute event.”

The youth will have summer positions are in government, educational and institutional sectors. Private companies and non-profit agencies will offer positions too. The city and One-Stop Newark Works are leading the program in conjunction with a number of partners, including Essex County College, New Jersey Institute of Technology (NJIT) and Rutgers University-Newark.

As Newark Community Economic Development Corporation Executive Vice President and Chief Financial Officer, Kevin Seawright brings a fresh, contemporary perspective on the economic development in Newark, New Jersey. With financial management experience in the state and educational sectors, Seawright has insight into the framework for local, state and federal funding.

His experience with school construction and community infrastructure enables him to offer a broad perspective of economic development and budgeting in the public and private sector. Kevin Seawright‘s resume, background, and experience can be found at Facebook and Linkedin.

A Financial Star That Continues To Rise

Finances are a very tricky subject for many people. It’s often a very hushed topic around dinner tables and social gatherings. The world of financial professionals is no different. Many who work in the financial field find security, but at a certain price. The world of finances can be very cutthroat. Backstabbers are around every turn and a lot can hinge on a single deal. It takes a lot to make it in the financial world and only those with an iron will can muscle their way to the top.

Luckily, there are many people in the financial world who have proven themselves to be great leaders. A strong leader is someone who is able to command and forge a path for themselves and other people to follow. Having a lot of opportunities going at once means not only being organized but being smart enough to have several eggs in different baskets. Brad Reifler is someone who is widely known in the financial world to be such a person. Born in the USA and the grandson of Ray E. Friedman, Brad was already off to a great start and a successful future when he was born.

Known as a serial entrepreneur, Brad is also known for being a multi-tasker and for having many active projects at the same time. This makes him a valuable asset in the financial world and the working world in general. Brad is a graduate of Bowdoin College located in Brunswick, Maine. Brad Reifler is best known as the chief executive of Forefront Captial, a title he has held since May of 2009. He is also formerly known as a co-founder, CEO and chairman of Pali Capital. Prior to his work with Pali Capital, Brad was a top trader at Refco, a company owned by his grandfather Ray E. Friedman.  He’s also well known for the luxurious home he purchased in New York.

Other notable additions to his lengthy resume include operating as a director at Genesis Securities, Foresight Research Solutions, and European American Investment Bank. On top of being a part of other companies and owning them with other people, Brad has also been lucky enough to own his own business, Reifler Trading Company. This business was acquired by his grandfather’s company, Refco, in 2000. He currently is director at Sino Mercury company. One of Brad Reifler’s most notable achievements is being the founder and chief executive of Forefront Capital. Brad Reifler is surely a very talented and accomplished person in the financial world, and that’s why so many follow him on Twitter.

The financial field is a very competitive and fast-paced landscape. People are always fighting to be on top and situations can change at a moment’s notice. Brad Reifler is someone who is in charge and has forged a strong path ahead of himself, consistently coming up with new ideas and fresh projects.

4 Main Challenges Facing Businesswomen

Women have continuously excelled in business in the last decades. Whatever was initially considered a men’s territory is no longer the case. More women are becoming prominent entrepreneurs by launching companies of their own. Despite the positive steps taken by many women to venture into businesses, they still face many obstacles. This article will seek to discuss the four main challenges faced by women who are enthusiastic to venture into business. Marked by commitment, hard work, and achievement in her career, Susan McGalla, offers her expertise based on her experience. She is the one who began of P3 Executive Consulting. When it comes to marketing strategies, McGalla on wikinvest is a top consultant.
• Limited cash flow. Very good business plans eventually fail due to inadequate cash flow. As a matter of fact, no business will survive if the cash generated by the business is not enough to pay the rising expenses. For women, this has been a big challenge and has forced many out of the business. But if proper strategies are used, this problem can be solved and corrected. For instance, having a proper credit service from a bank or unions or using a correction process that takes care of aging invoices. Through this, a business will have a consisted cash flow.
• A poor referral marketing strategy. There are days when cold calling was an important marketing strategy. Today, it is ineffective compared to a strategy that involves networking such a referral marketing. Many businesswomen have failed to use effectively this method to market their businesses thereby not gain more sales.
• Lack of a strategic plan. For the business to succeed, it must focus on the long time goals as opposed to what is currently happening. The successful women in business have their business characterized by thought out strategic plan. Many women who find themselves struggling in business lack properly set goals for their businesses both in the short run and long run. Proper planning offers the business an opportunity to take care of the future as well as keep their focus on the important areas that can give longer periods of sustained growth.
• A poor social media strategy. If properly used, social media is a platform that can be used as a marketing tool for growth. The main challenge is that some business ladies spend a lot of time making random tweets and making useless posts on Facebook, yet no results. The best thing is to look at what benefit the social media has to offer, what social media strategies other companies have employed and the value of the social media offers. In this regard, quality outweighs quantity.