If you are not in the real estate or food service industries you probably do not know Hussain Sajwani’s name. However if you have ever heard of the popular Middle Eastern city of Dubai then you are likely familiar with his work. Today Dubai is known for its glittering and futuristic skyscrapers and bustling real estate market making it a cosmopolitan urban metropolis located in the deserts of the Middle Eastern nation of the United Arab Emirates. Even though Dubai is currently the envy of many urban dwellers who would love to enjoy its unique mixture of modernity and tradition Dubai was not always like this. Like many cities the Middle Eastern urban center has faced its own share of development issues. However real estate developers such as the Middle Eastern businessman Hussain Sajwani saw that Dubai could be much more.
Hussain Sajwani , the DAMAC owner, became a leader in the real estate world of Dubai and helped to develop apartments that would house the local and international residents who would eventually flock to the city for its sophistication and for its many job opportunities. Hussain would eventually create a real estate firm that is called DAMAC Properties. According to aleqt.com, Hussain is DAMAC’s owner. DAMAC Properties specializes in delivering property development projects that are in the luxury real estate market. Hussain Sajwani and DAMAC Properties have developed properties across the world in countries such as the United Kingdom, Jordan and Saudi Arabia.
In 2017 Hussain Sajwani sat down with the website IdeaMensch to share the secrets to his success as an accomplished business professional. The way that a professional structures their day is incredibly important to achieving success in their career. Hussain has noted that he spends his time conducting meetings with individuals who share the responsibility of helping him to manage DAMAC Properties, the company that he is the owner of.
The secret to his special sauce for creating effective property development projects is, according to his interview with IdeaMensch, to imagine how a city could look in a decade or so and to start from there. While many business professionals might be risk-averse Hussain Sajwani certainly isn’t. Rather than running from risks he embraces them and this has made the difference in his career.
Jed McCaleb is a programmer who has been in the tech industry for 18 years. He founded his first business, MetaMachine, in August 2000. He got involved in the cryptocurrency sector in August 2011 and is now behind the Stellar Development Foundation which has a cryptocurrency called Lumens. He is seeking to build a global payment system which uses blockchain as its underlying technology.
In a crunchbase article, he says that in the pretty near future there will be a universal payment network, one that might allow for government backed currencies as well as a cryptocurrency. Jed McCaleb says that Woon Bank in South Korea is planning on using another cryptocurrency, Ripple, in their operations later on this year and he expects this to be just the first of many financial institutions using cryptocurrency to facilitate transactions, especially those that are cross border in nature.
Jed McCaleb says that blockchain technology can be used for more financial services than just currency. He sees stocks, for example, as something that could benefit from this technology. He thinks every type of equity could be tokenized within the next decade because of the benefits this technology offers. He says that international financial systems are presently inadequate and blockchain will vastly improve things especially when it comes to providing financial services to those who are presently unbanked.
He is the chief technology officer at his company while the other co-founder of Stellar Development Foundation handles the business aspects of this organization. Jed McCaleb also spends time serving as an advisor to another organization, Machine Intelligence Research Institute. This organization is a nonprofit that is designing rules so that artificial intelligence is used in a positive way. There are many dangers when it comes to artificial intelligence, he says, and a robust set of rules is needed so that this type of technology is used to help people rather than harm them.
Ryan Seacrest gives back to numerous communities with the advent of his philanthropic venture Ryan Seacrest Foundation (RSF). As a young person, Mr. Seacrest embodied a selfless characteristic of creating a great time and enjoyable experience for everyone. He became interested in the world of radio as a teen. He won a high school contest in his hometown Atlanta, Georgia, which allotted him the opportunity to host a live show. At the age of 19, Ryan Seacrest ended his formal education at University of Georgia to relocate to California in pursuit of a career in radio. Once in California, he hit the ground running. Mr. Seacrest led several high-profile television shows such as ESPN’s Radical Outdoor Challenge, Gladiators 2000, and NBC Saturday Night Movie to highlight a few. He kept honing his craft of hosting and soon landed a hosting job in 2002 with prime time’s fledgling, American Idol. The American Idol series uncovered his impressive emcee skills.
Ryan Seacrest, the host of On Air With Ryan, is a strong proponent of individuals reaching their career aspirations and goals. He understands the brevity of mentorship and how it can play a major part in one’s success. The star-studded host has been groomed by greats like Dick Clark, Larry King, and beyond. These experiences fostered creativity and growth for Mr. Seacrest in the entertainment field.
Ryan Seacrest, who developed his very own fashion clothing, passionately sought out a viable avenue where he could inspire and encourage individuals to live up to their fullest creative potential. He engineered an idea to support young people via a foundation. He and his family formed a philanthropic model that gives young patients an opportunity to explore being creative via the wonderful world of entertainment.
His platform, the Ryan Seacrest Foundation, developed a network of state of the art full broadcast and media centers. Seacrest Studios promotes coaching, education, and training opportunities to young patients. The studios are located on pediatric hospital campuses across the US, including its flagship location in Atlanta.
Ryan Seacrest Foundation was initiated in 2010. He was recently honored as Philanthropist of the Year per Variety Magazine. Ryan Seacrest is heavily involved with the foundation’s initiatives and is proud to contribute to the healing process for children around the world via RSF.
Jed McCaleb may be the CTO and co-founder of Stellar, but he didn’t begin his career in such a high position. During the turn of the century, McCaleb was involved in the file sharing industry. At eDonkey, McCaleb worked on a protocol that enabled users to download files from one another instead of a centralized network. He also used this technology in a second company, Overnet. Prior to Stellar, Mt. Gox was McCaleb’s most renowned organization. Mt. Gox was originally a trading platform for gamers but soon became a global exchange network for bitcoin.
McCaleb was first exposed to bitcoin in 2010 via a article on online tech news site Slashdot. The article linked to a bitcoin discussion forum. McCaleb educated himself on the ins and outs of cryptocurency by browsing this forum. Shortly after discovering bitcoin, McCaleb transformed his company, Mt. Gox, into a bitcoin exchange platform. After transforming the company, McCaleb sold it to Mark Karpeles, who shut the business down a few years later.
Jed McCaleb no longer had a need of Mt. Gox, he had moved on to better things. Jed realized that bitcoin, although it was a great idea, had many flaws. The public ledger system was great, a currency not controlled by government was great, but Jed McCaleb found room for improvement.
With Stellar’s protocol, customers are able to make seamless transactions across national borders. Stellar eliminates the mining process and simply issues coins to people who purchase them. This business model has become increasingly popular in the cryptocurrency world. “I always thought Bitcoin was an amazing idea, but one of the things that bother me about it was this mining process,” said McCaleb.
Stellar works with banking institutions to create faster, more secure payment methods. Stellar primarily works with organizations in underdeveloped countries in Europe and Asia, but they also have a partnership with IBM. McCaleb recently teased their biggest partnership to date. Although McCaleb refused to give away the name of their new partner, he did say that it would put Stellar in a position to become a global network.
Madison Street Capital was listed among the winners of an M&A Advisor Awards on November 13th at the M&A Advisor Awards Gala in New York. Madison Street Capital won the Debt Financing Deal of the Year for their work with WLR Automotive. According to David Fergusson, the Co-CEO and President of M&A, “Madison Street Capital was selected from more than 650 other participants to receive the award. It is our pleasure to be able to recognize them as one of the most impressive candidates.” Madison Street Capital’s CEO, Charles Botchway, discussed what an honor it was to be one of the recipients of an M&A Award. Botchway also congratulated the lead on the transaction that won them the award. Senior Managing Director, Barry Petersen, worked with WLR Automotive. Madison Street Capital was in the running for several other awards, such as the Boutique Investment Banking Firm of the Year and Financials Deal of the Year. These awards promoted Madison Street Capital’s reputation and displayed how the company works diligently to provide excellent service to customers.
Unless you’ve been sleeping under a rock chances are you have heard about bitcoin. Over the last few months it has become the hottest story on just about every news channel.
Since January of 2017 the price of bitcoin has jumped from $900 all the way up to $16,000. Because of these huge gains more and more investors are jumping on the bitcoin bandwagon.
What Is Bitcoin?
The interesting thing about bitcoin is no one really knows what it is. At its very core it is nothing more than a decentralized currency often referred to as cryptocurrency.
Some of the “coins” are issued by companies while others are “minted” by anonymous sources. This is the case with bitcoin.
Theoretically cryptocurrencies can be used to make purchases. The problem is very few businesses are willing to accept them. Bitcoin however is the exception as big companies such as Expedia and Overstock are now using them as a form of payment.
One of the many reasons people love crytpocurrencies is because they aren’t government controlled. They also aren’t connected to the stock market in anyway.
Of course if there is money to be made the government will at some point attempt to step in and regulate it. But right now that isn’t the case and millionaires are literally being made overnight by investing in bitcoin.
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