Category Archives: Business Leader

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.