Market America is a multi-level product brokerage firm that prides itself on being one of its kind. The company distributes a range of high-quality products to clients who want to become entrepreneurs able to earn cash from the comfort of home. Currently, Market America is available in several companies, including America, Canada and Singapore. Their main office can be found in Greensboro, NC and has been in business since 1992. The creators and owners of the company are JR and Loren Ridinger. There are over a million people currently distributing Market America products, and these people are referred to as independent distributors. Over 650 office workers are employed by the company to help independent distributors gets started and complete sales.
There are a few different product lines that Market America offers to their independent distributors. You can choose between selling personal care items, cleaning products, jewelry, diet supplies and supplements and makeup. These products are created by affiliated corporations and provided to Market America at a discounted rate. The independent distributor then chooses the product line they’d like to sell and the cost of the product goes up so that the distributor as well as M.A. makes money off of the purchase. Currently, the company uses Shop.com, which was acquired by Bill Gates in 2012, to showcase their products and provide distributor information. The product lines are specifically named AutoWorks, Pet Health, Isotonic and Snap. Once a product line is chosen, independent distributors are sold a website package where a domain name and hosting is available. You will then be responsible for paying a monthly fee to keep your website active and to attend regular seminars provided by the company itself.
Market America likes to think of itself as the “Unfranchise”, since you’re still able to become your own business owner selling someone else’s products without the rules and guidelines that often come with owning a franchise locally. In fact, the only rules that the company has for its distributors is to attend routine seminars found online and throughout the country each year. The online seminars will be available through video and web conferencing, and you will learn valuable marketing and sale methods to better suit your entrepreneurial needs.
Randal Nardone is the Co-founder of Fortress Investment Group, a private organization in 1998. He got his Degree from the University of Connecticut with a degree in Art and Science and also attained a Doctor of Jurisprudence from Boston University. Before starting the firm he a financial expert in corporations like BlackRock and Union Bank of Switzerland. Despite the fact that Swiss Bank been a prolific institution with high investments, Randal Nardone left to start his own investment company.Randal Nardone in 1998 CO-founded the firm Fortress Investment Group, which has progressed into a profitable firm. He oversees the legal matters and finance and also is the chief operating officer. He was recently ranked in the 557th position in the Forbes billionaire’s list having a net worth of $1.8billion.The fortress company has been the source of his high yields and wealth.
Together with his colleagues Robert Kauffman, Wesley Edens, Michael Novogratz and Peter Briger, they became billionaires in cash compensation of $100,000,00. They got the earnings after selling their minatory assists to a Japanese investment Company, Nomura at $890 million. He got more $100million from the deal in net cash from 2005.In 2012 the Firm got praised and recognized as the best Investment firm and also got credit as the Credit Focused Fund of the year from 2010 to 2015. Randal in 2014 obtained an award as the Hedge Fund Manager of the year. All these awards he achieved them through the Fortress Investment Group whose progress was outstanding.
The employees of the firm say that the company challenges them to work harder, and also they get broad exposure to financial services.The Fortress Investment Group in 2016 had over $70billion of alternative assets. The assets distribution is among liquid hedge, among private entity and credit funds. In 2017 the firm was purchased by the Softbank t $3.3 billion. In December the same year, the Softbank acquired the firm. Ran done aged 51 who is an expert in investment had already yielded incredible results before the acquisition. Randal Nardone saw the partnership as a better way to make the Fortress Investment Group more productive.Randal still runs the company as the CEO. The company is still progressing under the partnership with Softbank. The Fortress Investment Group is a global investment platform that is leading in alternative assets management.
Sahm Adrangi founded Kerrisdale Capital Management in 2009 and has molded it to become one of the best investment companies. The company’s headquarters is in New York, where he serves as its chief investment officer, a position that he holds with much regard. His company deals with research of investments with a keen interest in long-term value investments.
The company earns between 1$ to $5 million dollars per year in revenue. Sahm Adrangi owes his experience to working with various companies before founding the company, where he acquired his skills in investment management. He has worked with Longacre Fund Management as an investment analyst. Prior to this, Mr. Adrangi worked at Chanin Capital Partners where he acted as an advisor to creditors, representative to bank debt holders and distressed creditors of bankrupt companies. The investment advisor also worked with Deutsche Bank where he handled leveraged buyout financing and debt refinancing.
For his education, Sahm Adrangi attended Yale University where he attained a Bachelor of Arts in Economics.
Kerrisdale Capital Management is known for publishing research that seeks to highlight misconceptions about diverse companies and their business prospects. Feedback on the research is usually shared on the Kerrisdale website and twitter. Mr. Adrangi uses the platform to give an insight into stocks and over hyped shorts that tend to be misunderstood by the market.
Kerrisdale has developed its expertise in various sectors and it is keen on research. The company has been interested in the biotechnology sector where it has analyzed companies such as; Bavarian Nordiac, Pulse Biosciences, and Sage Therapeutics. It has equally looked into the mining sector with a focus on market evaluations and mining prospects of First Majestic Silver and Northern Dynasty Minerals among others.
Sahm Adrangi has contributed to the society by finding avenues to speak about investments. He has featured as a key speaker at various conferences such as; Sohn Conference and the Activist Investor Conference among others. He has been interviewed by major TV stations like CNBC and appeared in publications like Wall Street Journal. Sahm Adrangi is a man to reckon with, one who is looked at in the investment cycle for his valuable lessons.