Category Archives: Business Leader

Adam Goldenberg and Don Ressler: Founders of Fabletics and JustFab Adam Goldenberg

Adam Goldenberg is a successful entrepreneur who started his career at an early age. He was only 16 when he created an advertising network of gaming sites known as Gamer’s Alliance Inc. However, in 1999, the firm was purchased by Intermix Media. Intermix media’s president incorporated Adam into the Intermix media company and thus began his journey to the top. In Intermix media, Adam’s position was Vice President of Strategic Planning. Later at the age of 20, he advanced positions and was named the company’s Chief Operating Officer. News Corp then bought Intermix Media. It was while in Intermix Media that Adam became acquainted with Don Ressler.

 

About Don Ressler

Don Ressler is also a brilliant entrepreneur who has been behind the success of many start-up companies. FitnessHeaven.com was his first company. However, the company was purchased by Intermix Media, and Adam Goldenberg together with Don founded the Alena media. Don Ressler and Adam Goldenberg later left Intermix after its acquisition by News Corp.

 

Adam Goldenberg and Don Ressler Partnership

The two partners gathered together a team from the Alena Media and together, they shared and brainstormed ideas. Later, they were able to come up with Intelligent beauty. Intelligent beauty gave birth to DERMSTORE which is an online shop for cosmetics. The company also birthed SENSA which deals with weight. The third company to be founded by Intelligent Beauty was the JustFab.

 

JustFab has in the course of time got funding from various companies. In 2011, they received funding from the Matrix Partners worth $33 million. In 2012, the company received a funding of $76 million funds from Rho Ventures, Crossover Ventures, Matrix Partners, and Intelligent Beauty. In 2014, they received another round of funds from Matrix Partners, Technology Crossover Ventures, and other investors. In 2013, they launched Fabletics which is an online store for sportswear. They became associated with Kate Hudson to acquire a broader market.

 

JustFab, however, changed its name and is currently known as Techstyle Fashion Group. The company’s headquarters are in El Segundo in California. They chose El Segundo as their headquarter due to some determining factors. The first was the fact that the location was close an international airport. It was the best place for expansion and near the beach.

Adam Goldenberg and Don Ressler are a dynamic duo. Their knack for making good business decisions is commendable and inspiring. http://www.entrepreneur.wiki/Adam_Goldenberg

Logan Stout: CEO Of IDLife & More

Logan Stout is not one of the X-Men. He is the CEO (chief executive officer) of the reportedly successful and popular health and fitness business, IDLife. IDLife offers interested parties a rather comprehensive range of nutritional and health supplements that are reputed to balance various levels of specific substances within the human body. They are popular products in a time when people have unhealthy eating habits, stressful, busy lives and often don’t even get enough sleep.

IDLife
IDLife was founded to come up with personalized fitness plans for customers and to advise them on which of their products would best serve their individual needs. IDLife essentially aids others in getting the minerals and vitamins that their bodies lack due to deficiencies in their diets. Some sources consider Logan Stout to be one of America’s most successful entrepreneurs.

Follow Logan Stout on Instagram.

Logan Stout’s Career
From the start of Stout’s career through to the present, he has successfully managed numerous businesses. He has been able to actually generate billions of dollars in revenue for the companies. IDLife is one of those companies.

Noteworthy Hires
Stout hired such people as Troy Aikman, Darwin Deason, and Jen Widerstrom to ensure that his company continues to grow and prosper. This trio of strong individuals all hail from different backgrounds. They have but one thing in common. They all are considered to be the best in their respective fields.

Additional Information On Logan Stout
Logan Stout is also an author. He has penned a number of books including the most popular “Stout Advice: The Secrets to Building Yourself, People and Teams”. He is said by some sources to also be one of the world’s most sought after and even influential keynote speakers. More recently, he teamed up with John C. Maxwell to create an original personality development training course. Logan Stout is undoubtedly a busy man.

Visit loganstout.com for more details about Logan Stout.

Don Ressler & Adam Goldenberg – A Business Match Made in Heaven

Don Ressler and Adam Goldenberg might not seem like the kind of guys who would become friends, and certainly not the kind of guys who would go into business with each other, but with several successful brand name companies under their belts, and a recent rebranding of their most popular brand JustFab into TECHStyle the unlikely pairing seems to actually be a match made in business heaven.

 

It all started when at the age of 15 Adam saw an opportunity to start a small business that would fill a specific niche in the B2B market, offering an advertising platform for gaming companies. After a couple of years of successful growth, he sold his company to Intermix Media, and as part of the deal took a position at Intermix. It made him the youngest chief officer to ever serve on a board of directors filling the positions of COO and VP of the company.

 

Don Ressler also had an upstart company that he built to a thriving commodity which he sold to Intermix. The fitness focused site that Don had developed didn’t have anything to do with the laid-back gaming industry that Adam was a part of, but despite being so different the two became fast friends. Soon they discovered that the two worlds that they had been operating in, might actually be not so different after all and in the process laid out a plan for a new type of operating model that would combine direct marketing of great products to the end consumer who could then take advantage of superb savings on items that they regularly repurchase by means of a subscription retail structure. Out of a lot of hard work and talent grew their first venture Intelligent Beauty.

 

In building their new business model the two men knew that there were two major factors that they would be able to take advantage of which lead consumers to purchasing decisions, pain points and trends. One of the most important factors is that American consumers will become very agitated when they cannot find what they are looking for at a price that they feel is fair for the value. In terms of fashion and beauty products this means finding things that are currently envougue at a price and in sizes and colors that they actually want to buy when they are ready to buy them.

 

Another major factor that dictates the purchasing choices that Americans make is current trends and popular movements. In today’s world, however trends can change and movements can come and go quickly. Most people do not have the time or the desire to keep up with it all. They want solutions that can help them stay fashionable without a lot of effort or difficulty. The business model that Don and Adam developed addressed both of these factors at the same time, giving American consumers solutions that provide them with easy access to currently trending fashion styles and ensuring that they are offered in colors and sizes that consumers actually want at a price point that they can afford this is provided via a subscription model that helps to keep overhead low and reduces the amount of inventory and advertising costs associated with the operation.

 

JustFab and TECHStyle quickly became a success with consumers and have led to the development of other brands which utilize the same type of business model. With the growth of the retail subscription sector, as originated by Don and Adam, America has started to look at buying things that want and need in a whole new way. A combination of both brick and mortar stores and online shops has led to a new reality for American consumers, you can have it all, and you can have it at a great price, the instant that you want it. http://www.entrepreneur.wiki/Adam_Goldenberg

Tony Petrello had previously made a name for himself as one of the nation’s top mergers and acquisitions attorneys. Having worked on many of the largest cases of the 80s, he had gained the insight and expertise to take on some of the most challenging legal cases in recent American corporate history. It was no surprise, then, that when he took the helm at Nabors Industries, one of the nation’s leading suppliers of directional drilling equipment, that he tapped into that vast expertise to take the company to the next level of competitiveness.

Shortly after becoming CEO, in 2011, Anthony Petrello decided to undergo a radical restructuring program that he knew would be able to save the company billions of dollars per year in unnecessary taxes. Facing massive disapproval from shareholders and even the board of directors, Petrello went head, outlining an ambitious plan to reincorporate the company in Bermuda, potentially saving enough money to equal the company’s market capitalization multiple times.

After some heavy infighting, Petrello managed to convince the board of directors to pursue his vision. After all, he was the man who had taken the Nabors Industries stock from $0.50 per share straight up to $50 per share. Still, the shareholders were concerned that they would lose their ability to control the direction of the company if it were to be reincorporated in an area that gave them less autonomy over the executive suite. But Petrello overcame these fears, pointing to his more than 20 years of honest and phenomenally successful leadership.

Ultimately, the company was reincorporated in Bermuda, saving it hundreds of millions of dollars per year in unnecessary taxes. Today, Nabors Industries is trading at more than double its price when Petrello took over, making his long reign one of the most successful in the company’s history.

 

Don Ressler’s Entrepreneurial Road to Fabletics

Co-founder/CEO of Fabletics and serial entrepreneur Don Ressler has a natural talent for building winning companies. Beginning with his first startup FitnessHeaven.com, which he sold to the then parent company of MySpace.com Intermix Media in 2001, Ressler has built a long series of highly profitable businesses.

 

When Ressler became involved with the Intermix, the company’s COO at the time was a 19 year old entrepreneurial prodigy named Adam Goldenberg. The two realized the synergy formed during their business idea exchanges and partnered to start Alena Media, which quickly began generating hundreds of millions in revenue, becoming Intermix’s only profitable entity. Following Intermix’s acquisition by News Corp for $650 million in 2005, Ressler and Goldenberg formed their first incubator business Brand Ideas, which they later renamed Intelligent Beauty.

 

Intelligent Beauty’s enjoyed a success streak that motivated the company’s launch of JustFab, a subscription-based online retailer, in March 2010. JustFab had a highly-personalized model that involved new members’ filling out a “fashion personality test,” the results of which would be used to make handbag, shoes, accessories and apparel recommendations to its customers.

 

The business model was extremely profitable, with the firm disclosing that JustFab was generating $3 million per month in revenue and had 2 ½ million members. Ressler and Goldenberg were able to raise $33 million in Series A financing, put together by Matrix Partners and Technology Crossover Ventures.

 

By 2011, Intelligent Beauty, JustFab and two other businesses they launched were generating $250 million annually. Former model Kimora Lee Simmons joined the firm as president, investor and creative designer.

 

Ressler, Goldenberg and actress Kate Hudson started their athletic firm, Fabletics, in 2013. The JustFab founders spotted a gap in the sporting/athleisure market and saw in Kate Hudson what they wanted their new firm to represent. Being approachable, down-to-earth, good-natured and authentic were some of Hudson’s characteristics that made her a natural fit with the Fabletics vision.

 

By June of 2017, Fabletics was forecasting $250 million in sales for the year.

 

Since it’s opening, the company has had to overcome several challenges including personal attacks on Kate Hudson by the 1970’s musician Cher.

 

The firm’s success seems unstoppable, with 1.2 million members and sales growth of nearly 650 percent as compared with the same period last year. Fabletics has upgraded their inventory system to ensure that they had a ready stock of the more popular items. The company also maintains a top rating with the Better Business Bureau. https://onmogul.com/don-ressler

The Notable Innovator and Giver: Eric Pulier


Eric Pulier is best known for being a man who helps out children and adults in need. Pulier himself came from humble beginnings but has now become one of the most successful and philanthropic people on the planet. Born in Teaneck, New Jersey, Eric  Pulier worked hard to gain entry into Harvard University. Upon attending Harvard, Pulier quickly gained interest in helping the student body by communicating important subjects in a clear but humorous manor as a columnist on the Harvard Crimson team.

When Pulier graduated magna cum laude from Harvard, he was in high demand in the corporate world. But his charitable roots drew him to innovate and create technologies to serve markets that were desperately in need of change. He moved to Los Angeles and developed his own company from the ground up, which received venture capital, like many of his companies (he’s created 15) have. Digital Evolution focused on bringing technology solutions to the healthcare and education space, and in doing so he made an enterprise company that got the attention of Bill Clinton. The president, along with his Presidential Inaugural Committee, chose to bring Pulier to Washington D.C. in honor of his philanthropic and business achievements.

Pulier isn’t just brilliant, he also cares about helping kids. He teamed up with Steven Spielberg and created a technology platform that helps children with diabetes learn about the insides of their bodies and what certain dieseas and chronic conditions do to a person. He also pioneered a technology that allowed children with MS to communicate online in private chat rooms and blogs securely. This allowed them to have a sense of community and fraternity instead of feeling lonely.

The entrepreneur often travels around the world to speak at various conferences on technology and innovation. Recently, he became a member of the board of the Xprize Foundation, which is an important bridge between public and private sector funds and young entrepreneurs. Teams can compete from all around the world to solve problems facing humanity, such as space flight, water shortages, education, and more. It has given out millions of dollars in funding. Pulier also keeps busy volunteering at summer camps for ill children, such as The Painted Turtle.

Chris Burch, Entrepreneur and Visionary

Chris Burch is an entrepreneur, investor, and philanthropist based in New York. He studied at Ithaca College and graduated with a degree in business. Burch started his first business while he was still a college student. He co-founded Eagle Eye’s Apparel with his brother. They started off with a seed investment of $2,000. They grew it to a $150 million business before they sold it to the Swire Group. Burch ventured into investing after the sale of Eagle’s Eye. He was an early investor in the Internet Capital Group which had a successful IPO. He has invested in several real estate ventures in locations all over the world.

 

Burch has developed luxury homes in Florida, New York, and Nantucket. Burch partnered with Alan Faena and Philippe Stark who is an architect to develop the Faena Hotel + Universe in Argentina. Burch was asked by Ellen DeGeneres to launch her lifestyle brand known as ED by Ellen DeGeneres. He started an apparel and home décor retailer C. Wonder in 2011. The company turned out to be a successful venture. Xcel Brands acquired it. Burch later started Cocoon9. This is a company that develops luxury homes that feature contemporary design and sophisticated finishes. Burch has been a member of the board of Guggenheim Capital, the Rothman Orthopedic Hospital, and the Continuum Group.

 

Burch wrote about the fusion of technology and fashion in an article that appeared on Engadget. He starts off by mentioning how the best-selling products of the last few decades performed well because they were fashionable. These include the boom box in the 70s and the Walkman in the 90s. The products sold more because they were widely adopted. Burch notes that the synthesis of fashion and technology is ongoing. Some designers have already started using the two together.

 

Some of the designs that have come out of the synthesis of the two fields include a drink-making dress, an airbag for cyclists, smart gloves, and clothes made from recycled material. Burch added that technology offers an extensive playground for designers to experiment and come up with new products. The resulting products are elegant and functional at the same time.

 

Josh Verne’s Tips for Success

Josh Verne performs his duties as the chief executive officer of FlockU. Verne likes sharing his immense wealth of knowledge especially on tips of success. In his recent podcast, he enumerated various characteristics and important actions that a person must do to ensure that he succeeds in business and other areas of his life.

 

Verne believes that to lead a successful life, one must be a good leader. Verne also thinks that it is vital for a person to find his true passion and then pursue it without relenting.

 

According to Josh Verne, it pays to be a good listener. People who listen more are known to speak authoritatively. For a person to become successful, it is paramount that he puts the interests of other people first. This usually motivates the employees to use their abilities to achieve the overall goals of the company. It is vital also to maintain sound balance in life. A person who has balance in all areas of his life is happy. Individuals who ignore their bodies or their families end up living unfulfilling lives.

 

Therefore, Verne recommends people to improve various areas of their lives including relationships, wealth, health and personal growth. Verne’s tips are meant to give insights that are bound to propel any person forward to become the individual he dreamt of becoming.

Find out more about Josh Verne:

http://articles.philly.com/2016-01-11/business/69656522_1_college-students-destination-maternity-corp-graduate

John Goullet has a Passion for the IT Staffing Industry

John Goullet is an entrepreneur and an IT staffing professional. He is the Chairman and Principal of Diversant, LLC. His educational background includes graduating from Ursinus College in 1983 with a Masters Degree in Computer Science. He began his career as an IT consultant, but made the transition to IT staffing in 1994. Mr. Goullet gained valuable experience by working both sides of the IT coin – consulting and staffing.Mr. Goullet used the skills and experience he acquired and founded Info Technologies to provide staffing solutions to a wide range of companies, including Fortune 500 companies. He developed a tremendous understanding of market trends that were valuable to Info Technologies. Goullet’s leadership proved to be so effective, and the company grew rapidly and within five years the net worth of the company was $30 million.

In Mr. Goullet’s wisdom, he realized if he partnered with others, he could provide greater services and expand his business. To that end, Info Technologies completed a merger with Diversant, Inc. and the result was Diversant LLC. Goullet took on the role of Principal and takes an active role developing strategies to meet the demands and challenges of the ever changing IT industry.Through Goullet’s vast knowledge of the industry and his inspired work ethic, and his belief in team work, Diversant, LLC has become a certified Minority Owned company and has stayed at the top of the market. Goullet encourages his team to be creative thinkers, developing individual solutions for clients and work with respect for others.

Diversant, LLC and John Goullet deliver impeccable service and staffing solutions to clients. The company is committed to providing the best service possible and the team at Diversant delivers the best each and every time out of the gate.In addition to being a commodity supplier to clients, Diversant and John Goullet uses a consulting approach and work with the clients as business partners. Goullet help his clients solve critical staffing issues rather than just filling staffing availabilities.It is a method and philosophy that works for John Goullet and Diversant, LLC and being diverse in their solutions often leads to greater opportunities for partners, as well as consultants.

 

 

Found in the Name

One Name or Reputation Can Change the World, or One Man

The answers to some of life’s greatest meanings, problems, and challenges, as found by definition, may lie within a name itself- for example, Eric Pulier. This article alone describes and defines the true power at work behind any name, as well as its vital importance throughout any relationship. Names matter. They each have an origin story, and it is our own unique responsibility to learn the story behind the name. Certain names imply certain symbols.

 

A Celebrity Name That I Admire

When I think of the reputation of Robert, I get great feelings of joy and happiness overflowing me in a calm melody of Christmas red. I am not quite sure as to where this connotation or connection originally found its place, but I do know that this feeling is the one that I still connect to that particular name, even after nearly 30 years of hearing it. Perhaps Eric Pulier is not the first name that comes to my mind when I hear the name Eric, but the name itself does tend to bring up a unique mental image of bright red happiness and a man full of cheer. Knowing and hearing this special name, I further rejoice and am continually made glad. On a positive note respectfully, there is also that one person whose very mention may bring a person tremendous rejoicing and relief at the same time.

 

 

Then comes Isui, which originates from a Latin word meaning “witch.” I have known two people by this name, and neither of them was a saint, to put it in the least of graphic terms. Far from philanthropy, both have actually done much damage to Eric’s efforts and to his local work community. As a natural result of such damage, one can imagine that my natural inclination to any future reference of the name will most likely not be a positive one. Neither should Pulier’s inclination to immediate trust or affection be to people by that name, whom he may meet on future endeavors.