Everyone complains about how hard the entrepreneurship world can be, what if you could get some advice from someone who is on the successful list already? This may help you break from the beliefs on entrepreneurship of the community. You can also borrow some traits from the successful individuals to pull the odds to your favour. Eric Lefkofsky is among the individuals who are doing fine in the medical world. He is the co-founder and CEO at Tempus.
Our business ideas are triggered by different circumstances in our lives. For instance, Eric Lefkofsky says that the concept of Tempus was born when he had a close family relative living with cancer. He was surprised to see that the hospitals were left behind in terms of technology. He, therefore, decided to create technology to help cancer patients in a clinical setting. Business ideas can, thus, be created by solving the problems in society.
Eric Lefkofsky says that when your company is young, there are multiple meetings that you need to attend. Also, everybody wants your input and your attention. In this state, it is almost impossible to find time to become productive. To work on this, he makes sure he wakes up very early in the morning to get to the office before team members start streaming in. He has also set aside, Friday, to work from home. He adds that even though he begins working later than usual and ends earlier, and also gets to eat lunch somewhere different than his table, it is one of his most productive days of the week.
The question of how do you bring ideas to life have different answers from different investors. Well, for Eric Lefkofsky and his business partner Brad, it is problem-solving. Eric says that they have started and run business for over two decades with that same aim; solving problems.
Eric Lefkofsky advice to his younger self is to be bold and take risks. He advises investors to avoid the fear of failure. He also says that mastering the art of prioritizing and delegating duties is key to success in every business.
The Rise and Rise of José Auriemo Neto
Brazilian executive José Auriol Neto is the chairman of JHSF Participações SA, a business belonging to his father and it is also a real estate company that concentrates on the expansion of residential and commercial assets inside Brazil. Jose Auriemo has also worked as the company’s CEO managing the product’s interests in hotels, community growths and administrative center buildings. He managed the group’s extensive trade and shopping portfolio which, together with the prominent Cidade Jardim shopping complex in São Paulo, also comprises of the Metrô Tucuruvi, the Bela Vista in Salvador and the Ponta Negra shopping center in Manaus.
It is Important to note that Auriemo masterminded the group’s main venture into retail, signing élite partnership agreements with Jimmy Choo and Hermès , and he also opened the luxurious first retail outlets in the JHSF-owned Cidade Jardim shopping complex. He became the president of the family business while he was less than thirty years of age.
In the last ten years, José Auriemo Neto transformed Brazilian fashion by building the Cidade Jardim shopping mall. It is important to note that it became first open air shopping mall and it was packed with well-known trademarks like Pucci, Hermes, Brunello Cuccinelli, Valentino and Rene Caovilla.
Auriemo Neto is a former student of the Fundação Armando Alvares Penteado (FAAP) University in São Paulo. He started working for JHSF in 1993 and in 1997, he initiated the group’s services department by forming the parking lot management company known as Parkbem. He was given the go ahead to improve Shopping Santa Cruz where he supervised it’s successful growth.
José Auriemo Neto’s name has appeared in the list of the most prominent individuals in the fashion business worldwide and he is among the Brazilians on the list. A gala dinner was held in his honor in New York recently.
He had leadership qualities when he was still a young man which gave him a chance to attend the International Youth Coexistence which was held in Japan. Jose studied engineering in Sao Paulo at the age of seventeen. He has a beautiful wife Mariana Landmann Auriemo, and they have two children.
Gareth Henry, head of global investor relations for many renowned U.S.-based investment management companies is a man who is top of his game. He has worked with a number of companies throughout his career in the investment industry. A graduate of the University of Edinburg with Bachelor’s degree in Actuarial Mathematics, Gareth Henry is a man rich in experience.
His extensive experience and knowledge in alternative asset management has enabled him offer cutting-edge solutions in the at-times complex world of private credit. His proactive approach has been beneficial in creating awareness and raising substantial funds for investors in the industry.
There are three main factors inherent in the strong growth of the private credit sector in the recent years. These factors include:
Increasing regulations on banks in the wake of the 2008 recession. Banks have experienced regulatory guidelines after the 2008 financial crisis and as a result most of them have thinned down on credit offerings to private companies especially those in the middle market area. Due to these regulatory changes, banks have become more strict and cautious when originating loans.
There are increasing regulations on transparency of public companies. In the wake of many accounting scandals, regulators have come up with stringent guidelines upon which a public company has to operate within, thus increasing disclosure.
Quarterly reporting. The quarterly financial reporting by companies has made most companies management to be proactive to avoid lashing from investors when they fall short of expectations. The quarterly reporting puts pressure on the management to perform in both the long and short terms.
Throughout his career, Gareth Henry has executed many firsthand private credit and equity deals for various institutional investors. Gareth notes that there is an increasing trend for firms shifting towards direct deals and single asset investments in both private equity and private credit. He quips that this trend is likely to change the landscape of direct investing.
Mr. Gareth Henry has worked with a number of prominent investment firms across the globe. He previously worked at Fortress Investments as the head of International Investor relations. Prior to his career at Fortress, he was the Director of Strategic Solutions at Schroders in London. He has also worked as an investment manager at SEI Investments and as an analyst at Watson Wyatt LLP.
Anytime most people think of investment, their minds click real estate. This is because of the rewarding returns that come with this kind of investment. In this regard, genuine real estate companies are needed to bring the dreams of many investors into a reality.
Such a genuine company is JHSF Participações SA that is based in Brazil. Chaired by José Auriemo Neto, the company deals with the development of both commercial and residential properties in the country. Auriemo Neto has seen the company build so many properties in Brazil among them the Bela Vista, located in Salvador, the famous Cidade Jardim shopping complex among many others.
The firm first got into retail in 2009. It is during this time that the company opened its first luxury brands that were retail in nature, which was after agreeing to be partners with Jimmy Choo, Hermès and Pucci. Three years later, the company signed an agreement to partner with Valentino, which led to the opening of Valentino and Red Valentinos. To know more about him click here.
Auriemo Neto has developed and led the company so well that has seen its profits increase above 15%. The growth is attributed to sales of the company’s luxury retail go down. José did not give up but rather worked through thick and thin to see the company’s profit jot up again.
Though Mr. Jose has been able to guide the company so well to where it is today, that does not make him be in a comfort zone. Auriemo Neto is one person who is a great risk taker. His risk-taking has led him to venture into the airport market, which has led to the building of two executive airports in Brazil.