Wes Edens, No Stranger To Investment

Wes Edens is Co-Founder of Fortress Investment Group in addition to a sitting member of its seven-member Board of Directors. He was one of five founding partners that formed the private equity firm in 1998. In 2016 it was estimated that Fortressed managed $70.2 billion in assets across its portfolio.

Before co-founding Fortress Investment Group, Wes Edens earned a Bachelor’s of Science at Oregan State University in Financial and Business Administration. In 1987, his career started at Legman Brothers, was a financial services firm based out of New York City. After leaving the firm in 1993, Edens than moved on to work at BlackRock Asset Investors where he was a partner and managing director.

With his education and on the job experience Wes Edens had prepared himself for a career filled with investments and opportunities that would go on to form many successes.

In 2006, Fortress purchased Nationstar Mortage, where Wes Edens would become chairman, for $575 million. Such a purchase provided Fortress with leverage in the home equity market, adding to their growing portfolio of business.

Another success was in 2007 when he and his partners took the firm public. AT the time, a publicly traded private equity firm was unheard of, but when Normura Holdings acquired a 15% stake in the firm Wes Edens and his partners became billionaires. Over the next two years, Fortress would sell an 8% share of the business to the public, which by 2009, amounted to $600 million. That same year is when Edens became a member of the company’s Board of Directors where he was able to pull the firm out of the subprime mortgage crisis.

Leading Fortress’s private equity business, Wes Edens made Fortress a majority stakeholder in the subprime lender Springleaf Financial Services. In 2015, their investment had increased by more than 27x, netting the firm $3.5 billion on an initial investment of $124 million five years prior. Easily considered another successful move by Edens, he received praise from the like of The Wall Street Journal.

Combined, Springleaf and Nationstar allow Edens and Fortress to construct a lucrative private equity business with assets of $14.7 billion.

Edens is also a co-owner of the Wisconsin Bucks, which he purchased for $550 million in 2014. He has built commissioned the construction of a new stadium for the team and has dedicated some of his time to teach players on the team how to better their finances.

Not only did he buy a team, which some could argue as a reasonable investment, but Edens also ensured his team was an all-around success.

In keeping with sports, in 2017, Edens went on to form a League of Legends team called FLyQuest. Also owned in part by Fortress, in 2016 the team took part in the North American League Championship Series.

Through and through, Wes Edens is a man who does not follow the pack but leads it. He obtained wealth in various capacities including a globally successful business, two national teams, and a family.

Wes Edens’s Facebook Page: www.facebook.com/public/Wes-Edens

Todd Lubar Delves into the Science of Entrepreneurship

Entrepreneurship, its many processes, and those dominating the occupation has changed considerably over the years. Based on a recent survey made by a statistician, the choice to become an entrepreneur is predicated upon wildly varying principles based on the age of the person involved. While people 50 years or older cite the ability to become their own boss as a motivating factor, people in their twenties see this as less of a factor, citing factors such as social presence and visibility as determining factors. Regardless of a person’s reason to become an entrepreneur, experts believe that there are a few traits present in nearly all successful investors. Among the prime attributes found in successful entrepreneurs, dedication and persistence seem to be at the top. Visit angel.co  to see more.

Persistence is important for each and every entrepreneur because of the high rate of failure that one is sure to encounter. Failure is almost synonymous with entrepreneurship, and because of this, it is generally the people who persist regardless of failure that tend to succeed at the highest rates. Failure, because of its inevitability at times, should be used as a tool, instead of a discourager. Failure offers up many opportunities for teachable moments, being that it is the best tool in helping an entrepreneur to assess the quality of the product that they are selling, and areas that need improvement. Dedication is possibly the second most important trait found in entrepreneurs, as entrepreneurs are known for the intimate connection that they have with the products that they are pushing, with many citing that their decision to pursue a career in entrepreneurship is based on factors that have affected them on a personal level.

Todd Lubar is a graduate of Syracuse University, having received his degree in communications in 1995. Since joining the workforce, Mr. Lubar has enjoyed a very fruitful career that has seen him work for several prominent companies in the real estate industry, as well as in the entertainment and construction industries. In 2007, after over twenty years dealing with real estate, Mr. Lubar founded TDL Global Ventures, for which he is the current President.

See more: https://ideamensch.com/todd-lubar/

Profiting Off Of Advice From Richard Blair

It is always good to find ways to make money. One of the most lucrative earning opportunities is investing. However, a lot of people lose money when they try to invest. This is one of the reasons that they have to look for advice. It takes a lot of knowledge before someone can have a chance at profiting.

The only thing is that they need to take in a lot of advice from people so that they can have enough information to to make the right types of investments. People will also learn the right mindset needed to make the investments.

One source of information that has a lot to offer people is Richard Blair of Wealth Solutions. He has mastered the investment world because he knows what it takes to succeed. He knows the mindset to have when investing. For people that are afraid of losing money, the important thing to realize is that when one puts in money for investments, he has already lost money.

Also, Richard would advise people to not try to make a lot of money in just one night, and not to depend on the price of the stocks. One of the best ways to make money with investments in the stock market is to find a market that has dividends.

According to Crunchbase, it is not just the investment industry that Richard Blair Wealth Solutions has mastered, it is also the other financial activities that people often try in order to make money. Richard Blair knows about the right way to go about things when it comes to making decisions.

One example of financial activities is renting and selling property. Often times, people set themselves up for losing money because they rent to people that are unreliable. It is important for people to do background checks in order to see if people can get their money back from the tenant.

One thing that makes Richard Blair very reliable is that he takes the time to think about everything when it comes to finances. Therefore, anyone that listens to him improves his chances of making a fortune and not losing as much money.