David Zalik emphasizes that GreenSky is a technology company, not a bank

David Zalik is the founder and CEO of GreenSky Credit, one of the largest instant retail loan providers in the country. Yet, many people are confused about what the GreenSky business model actually entails. Far from being a bank, the company is a technology firm that has developed a proprietary lending platform used at more than 17,000 retail locations across the country. And most importantly, GreenSky never takes on any lending risk. All of its loans are offloaded to its lending partners, which include some of the largest names in the business.

Little risk, lots of reward

In fact, the low risk profile of GreenSky Credit is one of the attributes of the company that would make it so attractive to investors if it were ever to go public. The fact that the company takes on little risk but is able to make as much as 10 percent on every loan that it underwrites means that the company has been able to grow steadily and reliably through simply reinvesting much of its excess cash in expanding its business.

Founder David Zalik says that he would like to keep up the steep growth trend that has defined the company for the entirety of its existence. Zalik has proclaimed that he would like to be doing $20 billion in new loans each year by the year 2020. And although that would represent growth of nearly 400 percent from where the company is today, given GreenSky Credit’s past track record, that doesn’t seem like an overly unrealistic goal.

In the meantime, the company continues to rake in the cash. The company is able to get its retail partners to pay 6 percent of the principle amount of the loan up front. But that fee is typically rolled into the loan itself. So, in reality, it is passed directly onto the consumer. The brilliance of the company’s model is that none of the consumers care about paying a rather hefty closing fee for an instant loan. That’s because the home remodeling projects for which most GreenSky loans are taken out often add tens or even hundreds of thousands of dollars to the price of the customers’ homes.


Juan “OG” Perez celebrates 100,000$ birthday

Over the Presidents Day weekend, over 100,000$ was spent by hip-hop artist Jay Z for his good friend Juan “OG” Perez. His 50th birthday had a celebration which involved around 22,000$ for food and drink with around 91,000$ spent around the club they visited. The party involved not only Jay Z and Mr Perez, but also Juan’s wife Desiree Perez and the Roc Nation Sports executives and president. The party first began at the Japanese restaurant Zuma where 13,000$ was spent on such items as steak and lobster. Afterwards, the party moved to the restaurant called Made in Mexico where a further 9,000$ was spent on various drinks such as Cognac.

Then, the party finished up at the Playroom Nightclub where 40 bottles of different types of champagne were both spent on and distributed to different tables in celebration. The champagne purchased added up to 91,000$ and brought the overall party to a close. Jay Z, Mr Perez, and 4 other close friends made up the remaining party goers after drinks were first brought to the table and various drinks such as Ace of Spades Gold champagne were purchased afterwards.

One of the workers posted a picture of the tab online with various people wondering why so many bottles were purchased for a party of six, though its since been reported that much of the champagne was given to other people in the club. A number of the drinks purchased were from companies owned by Jay Z and have since brought great attention to them. With a relationship spanning over 20 years, it’s easy to see why Jay Z would help his friend Juan “OG” Perez have the best 50th birthday possible. With over 100,000$ spent and celebrations had til morning, it’s safe to say the party was a success.

Paul Mampilly Points To How Blockchain Is Changing Airlines And Banking

Russian Airline Implements Blockchain

According to Paul Mampilly, blockchain entrepreneurs are beginning to use the technology in airline applications that will ensure planes refueled on time. These refueling tests have been run on Russian Airline S7. One of the significant changes in the refueling process, according to Paul Mampilly’s report is the quickness of the process, which doesn’t require advance payment. Not demanding bank guarantees is also part of the blockchain streamlined process. The Reserve Bank of India (RBI) focuses part of research and development on integrating artificial intelligence (AI) and blockchain technology into its banking services. RBI is now in the process of drawing up regulations to put the new blockchain system into action. As with all new technologies, each company has to explore the viability of these technologies in the services it offers. RBI sees these present technologies in experimental stage as well as the potential implementation of its facilities in due time.

Banking Adopting Blockchain Technology for Customers

Paul Mampilly pointed out on his Twitter account that a subsidiary of Samsung has created a way in which blockchain is used to streamline the way banking transactions are carried out thru blockchain. The Korea Federation Bank (KFB) will allow its customers to use the technology on their phone, which will require a one time use of identifying oneself as a legal user of the account.

Paul Mampilly

Paul Mampilly is an expert investor on Wall Street for twenty years. Today he is helping the hard working investor find new potential markets to place his investment dollars for strong returns. On his Twitter account as well as thru his Banyan Hill Publishing newsletters he shares insights into new and emerging opportunities that could bring strong returns for investors. Paul Mampilly is the author of Profits Unlimited Newsletter, which offers his revolutionary ideas into investing. He offers at least ten new stocks throughout the year with potential for growth. He demonstrates, using his method of investing gained over twenty year success on Wall Street, why these stocks are poised for growth and encourage his investors to make their choice.

Visit More : medium.com/@paulmampillyguru

Trust an OSI Diet for Your Consumers

Don’t fool the OSI Food Solutions Group Industries with other food group competitors. They have over a century of experience in the food industry. When most food service professionals were receiving sanctions and fines, the OSI Group was receiving awards in the food industry. For example, they’ve been proud honorees of the British Food Council Awards two years in a row. Their food service team has over 80,000 employees worldwide that play a role in the food distribution and safety network. Trust their team of professionals to provide you with a nutritious, but delicious meal every time.

What’s New In OSI Business News

The OSI Food Solutions Group has challenged many competitive food networks with a meal complete in the daily recommended antioxidants and vitamins required to stay healthy. Fortunately, their presence in the food industry has attracted the EU food industry. More importantly, the quiet, but lucrative Dutch, Baho Foods Group immediately caught their attention. The success of the merger has allowed them to distribute and process their organic vegetables. As for the EU food industry, they will network their organic vegetables. The deal has been a positive step towards their international deal initiative. Together, with their frozen poultry deal with the Flagship Europe Food Group, they’ve gained assets in their portfolio.

Meet The OSI Food Solutions Team Professionals

There are thousands of employees at OSI and it’s hard to pinpoint just one that has played a part in their success. However, their CEO, has been able to play a major role in the jobs created worldwide. He has been able to create a stabilized food model that caters to jobs. The people they feed can trust them to offer job sustainability. Their COO, Sheldon Lavin, has also played a role in their humanitarian relief efforts. They’ve been able to save thousands of families from being at risk of poverty.

You can find a diverse job opportunity among their group of jobs online. The OSI Food Solutions Group has a career opportunities for you from around the world. You’ll be glad to know that they’re also an equal opportunity employer. Visit their interactive website for more details on their job opportunities today.

Fortress Investment Group Is Doing Good Things With Wes Edens At The Helm

When it comes to alternative investments, Fortress Investment Group is quickly becoming one of the best in the country. Today, the company offers a wide variety of services to practically any client interested in what they have to offer. Fortress Investment’s assets range in the billions of dollars these days as they have regular clients looking for their guidance when it comes to investing. Currently headquartered in New York, Fortress Investment Group has spread all over the world with various different offices to extend their operation. Nearly 1000 people are working for Fortress at the various offices in different countries. As the company’s lead, Wes Edens is responsible for all of these employees and manages an effective business thanks to their hard work. Wes Edens along with his partners have been expanding the company for the better part of a decade and have created an extremely successful portfolio as well as a strong company network.

Wes Edens and the Fortress Investment Group team didn’t start out with that much when they first opened for business. They had just around a few hundred million dollars to work with when it came to investing. Luckily, it was only a couple of years before the company was making serious investments and returns, surpassing over a billion dollars. Today, Fortress Investment manages more than 40 billion dollars in assets, making them one of the largest investment firms in the United States focused on alternative investments.

Wes Edens has been a major supporter of the new Brightline train system as well. This new train system will work to bring greater travel speeds and cheaper costs to residents throughout Florida. This train system is one of a kind, with no other train systems in the country that are privately operated. The Brightline Train system will travel at around 80 miles per hour, which is a great improvement over the normal traffic times throughout cities like Fort Lauderdale and Miami. Once the foundation for Brightline is strong in Florida, it will continue to expand into new states and communities for more people to make use of.

The Evolution Of Guilherme Paulus

Guilherme Paulus is a prolific businessman. He is 69 years of age and the owner of the biggest tour operation in Latin America. At the age of 24 he founded CVC Brazil. His CVC business was a partnership with fellow Brazilian politician. Guilherme Paulus has been on the Forbes list of billionaires numerous times and has continuously expanded his territory within the tourism industry. Also the founder of GJP hotels, he operates over a dozen resorts and hotels throughout Brazil; and will soon be expanding further. Events like the World Cup and Olympics has set the stage for Guilherme Paulus to flourish in his business ventures. The amount of tourists brought on by these events has kept him thriving. Residents of Brazil admire and cherish him for his efforts. Visit Guilherme Paulus at Bloomberg to find out more.

He was acknowledged as entrepreneur of the year during 2017. His progressive development throughout Brazil has helped many people with employment opportunities. GJP resorts has established over 2000 opportunities for people to work. He and his brand are known for stupendous customer service. These are qualities that has helped catapult his business to the top of the tourism industry. Guilherme Paulus recently embarked on residential condo development. This will further his reach more as he is catering to residents and not just tourists. The service he provides and the spirit in which he provides it, sets him apart from other businessmen. Guilherme Paulus is a hero to many, including those outside of Brazil. To constantly grow and expand business through decades is a testament of perseverance. He surrounds himself with like minded individuals who help propel and execute his visions. From tourists looking to see what Brazil has to offer, to employees that he’s created opportunities for, Guilherme Paulus is a one of a kind person. Learn more: https://br.linkedin.com/in/guilherme-paulus-36955411b


How Entrepreneur Guilherme Paulus Built Highly Successful Companies In Both The Tourism And Hospitality Industries

Entrepreneur Guilherme Paulus was just 24 when he co-founded CVC Brasil Operadora e Agencia de Viagens S.A. He co-founded this tour company in 1972 along with a Brazilian politician who decided to leave this company in 1976. Since that time CVC has grown into the biggest company in its industry and he has become a billionaire. He also founded another company in 2005, GJP Hotels and Resorts, and now operates more than 15 resorts and hotels in the biggest tourist spots in Brazil. While Guilherme Paulus sold about 64% of CVC in 2009 to private equity firm Carlyle Group he remains as the chairman of the board. Find out more about Paulus at Exame.

In 2017 he spoke at the Top Seller Event where he spoke about entrepreneurship. During his speech, he said that he started out his professional career working for IBM as one of their computer trainees. Guilherme Paulus said that while he learned quite a bit from this position he decided that working for other companies wasn’t what he wanted out of life. He said that he spotted an ad one day in a newspaper about a tourist company and decided then and there that was the industry he wanted to work in.

Guilherme Paulus says that early on he tagged along with a French tourist group on their first trip to Buenos Aires. He discovered that the trip was actually pretty boring. He decided to start setting up activities for these tourists to do in order to bring some joy to the trip and it turned out to be a roaring success. He said that as soon as these people returned to France and started talking about their trip and his company the sales have never since stopped flowing in.

Due to his work with CVC and GJP Group, Guilherme Paulus was recently honored by

IstoÉ Dinheiro Magazine. He was named as their “Entrepreneur of the Year” in the services industry and was featured on their front cover. Some of the resorts he has developed have won awards as well, such as his Wish Resort Golf Convention which was named as the best resort in Brazil in 2016 by World Travel Awards. Visit: http://www.abramark.com.br/web-portfolio/guilherme-paulus/


Damac Owner, Hussain Sajwani Solidifies Luxury Property Development

Damac Properties continues to solidify its spot as the leading luxury real estate development company in the Middle East. Since being founded in 2002 by billionaire entrepreneur Hussain Sajwani it has set the standard in the Middle East’s luxury real estate market. The real estate development company has made another huge move.


Recently, the company announced it is moving forward with plans to construct a second tower at its AYKON City master development. The first tower was received very well with its ultra modern design and location in the heart of London. It easily raised the level of luxury living in the prominent city. The second tower will overlook the Dubai Canal giving guests a splendid view from their rooms.


The tower is expected to be well over 50 stories and take up a area of around 1.7 million square feet. Not to mention, it will include a dedicated lifestyle and entertainment level.


Although this is a big construction project, development is going quickly and smoothly. Construction is slightly above schedule and has already entered the tendering stage.


Aykon City represents something truly special to Damac. It is trying to build an entire framework of real estate developments within Dubai. Though the goal is ambitious, Damac just might pull it off.


About Hussain Sajwani

Hussain Sajwani is the founder and current CEO of Damac Properties. Working in the real estate industry for over 20 years, he is largely considered a pioneer of the property market expansion in Dubai. He was able to take advantage of the influx of businessmen and women coming to do business in the emirate by building a strip of hotels.


Hussain is undeniably an expert in the field of property development. His expertise is proven when looking into the almost flawless track record of Damac Properties.

Jed McCaleb: The Future Of Cryptocurrency

Cryptocurrency and blockchain technology promises to revolutionize the financial system and infrastructure that is in place in the world today. Jed McCaleb is the current chief technology officer and co-founder of the cryptocurrency project that aims to unify the interests of the banking industry with the benefits that blockchain technology provides to our financial infrastructure. Jed McCaleb has been a pioneer in the cryptocurrency industry and helped to co-found one of the world’s largest coin exchanges during the currency’s infancy.

In a recent interview with CNBC Jed McCaleb has expressed his viewpoint that blockchain technology will revolutionize the way that the banking industry operates. In the near future, there will be a fundamental alteration in the function of global payments, fundraising, and even stock markets. Currently, Jed McCaleb is working on a blockchain technology Stellar known as which is emphasizing the development of a cryptocurrency network that will enable international payments. Through the use of a public ledger that is immutable, a universal payment network is possible. The network that Stellar utilizes is capable of resolving transactions in less than five seconds. There are already some banks and large corporations that are utilizing this network in order to make international payments.

In addition, Jed McCaleb believes that the popular phenomenon of initial coin offerings also known as ICOs shows untapped potential in the cryptocurrency markets. Initial coin offerings have generated almost $9 billion over the last four years. This is a novel method of raising funds that actually gives retail investors the possibility to invest in venture-capital pursuits. Jed McCaleb believes that non-crypto based assets will actually be digitized utilizing the blockchain networks. This will allow the decentralized exchange of value between individuals and eliminate the need for intermediaries for the transactions. There are already several startup companies that are working to create a technology that will allow these kinds of applications to be possible.

Jed McCaleb continues to work on the development of Stellar which is now within the top 10 largest cryptocurrencies as measured by market capitalization. It has since experienced a 34% decrease in price and is currently trading around 23.8 cents a piece.

Traits Of a Successful Startup: Mike Baur

Being successful as a sort of business is incredibly difficult. Mike Baur, a successful entrepreneur in the country, is Switzerland knows this or than anyone else. This is why after 20 years in the banking industry he decided in the year of 2014 to quit his position and launch his own company in order to begin investing in startup companies. This company is known as Swiss startup factory, and since being the co-founder for this company, Mike Baur has gone on to help advise numerous other startup companies in order to successfully launch their own businesses.

Mike Baur has a personal philosophy that has been important in the launch of several key startup companies. The most important part of a company is the idea that is created at the company’s inception. The process that you use in order to come up with ideas is almost as important as the idea itself. Mike Baur believes that it is important not to force an idea to come to you as these ideas are typically cramped and difficult to implement. By allowing ideas to spontaneously generate you typically come up with ideas that are much more easily usable in the real world. These spontaneous ideas typically target gaps that are present in the market that you may not consciously be aware of.

When you have an idea on a startup company, the next most important step is the implementation. There are more individuals with good ideas that are individuals who are willing to take the steps necessary to implement their good ideas. If you want to be successful is important that you not be afraid of failure. Today it is much easier to get in touch with people because of the methods of communication we have at our disposal. 20 years ago it was almost impossible to get in touch with everyone in the world today it is incredibly easy.

For a starter to be successful, there are several qualities that they must embody. The most important one of them is trust. You must trust in your idea for your company. If you trust in your idea for your company you will not be afraid to fail. If you are not afraid to fail you will find it much easier to ignore people who do not believe in your ideas. If you are able to ignore the people who do not believe in your ideas it will be much easier for you to work incredibly hard in order to make your company successful.