Finance

The Ups And Downs of Marc Beer’s Career

As the current chairman, cofounder and CEO of Renovia, Marc Beer is certainly no stranger to success but this type of prosperity didn’t always come naturally to him. So how has he managed to rise to the top of the corporate ladder? Well, he recently had a chat with Stephen Callahan where he discussed how he made it this far and what his secrets to success are. From an early age, he knew he wanted to be a businessman so it came as no surprise to anyone when he declared business as his major in college at Miami University. Upon receiving his bachelor of science degree in the spring of 1987, he was offered a position at a company called Abbott where he would serve as a member of their sales development team. He eventually accepted the offer. 

After remaining at the company for over half a decade, he was offered the position of corporate officer by Biostar and he would go on to serve in this role for two years. In the fall of 1996, Genzyme made him an offer that he couldn’t refuse and, before he even knew what was happening, he ended up becoming their vice president of global marketing. Finally, in May of 2000, he resolved to become the founder and CEO of Viacell, a company dedicated to finding as many vaccines and cures to diseases as they possibly can. They did this by extracting stem cells from the umbilical cords of mothers and examining their genetic makeup to find any biomarkers they may be able to use. Learn more: https://www.crunchbase.com/person/marc-beer

Under his leadership, the company proved to be lucrative and even employed as many as 300 workers at one point but, just two years after they went public, he decided to sell it for a huge profit. As he began preparing for his next business venture, his plans were put on hold due to the sudden death of his wife, Jennifer, at the age of 42. He had to step up and become the primary caregiver to his three kids and, while that may have worked for a time, he soon realized with the help of his daughter that he needed to get back to the biotech industry. As such, it wasn’t long before he was launching a new company known as Renovia alongside Dr. Ray Iglesias and Yolanda Lorie. As someone who’s invested in it, he has ensured the company’s prosperity. 

Based out of Boston and established in 2016, the company’s sole mission is to develop various medical tools to help patients who are currently battling illnesses. At least one of their products has already been approved by the FDA and they hope to continue this trend.

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James River Capital Founder on How to Secure Funding for a Startup

As the founder of James River Capital, Paul Saunders helps new businesses raise money. He founded the company in 1995 and therefore is an entrepreneur himself. It is never easy for an entrepreneur to get others to believe in his or her idea, but Saunders has some simple strategies for raising capital.

 

One piece of advice that Saunders has for new entrepreneurs is to use personal savings and other resources. This approach is called bootstrapping and includes borrowing money from your family and friends and using credit cards. Obviously, this is not without its risks, but you cannot expect investors to part with their hard-earned money if you and your family members do not believe in your idea enough to invest in it.

 

In those cases where bootstrapping is insufficient or not viable, crowdfunding is an increasingly popular option. This approach requires a substantial social media presence but can be appealing to those entrepreneurs who have the time and know-how to build that online following, especially since the money generally does not need to be paid back. There have been some wildly successful startups that used crowdfunding for funding, such as Oculus, which was purchased by Facebook for $2 billion.

 

Applying for a loan is another obvious choice. Although most people have heard of bank loans and SBA loans, there is also local funding available, which might be a better option for entrepreneurs with limited credit. In addition, Paul Saunders suggests trying to secure funding from an angel investor or venture capital investor if you have a very detailed business plan.

 

Paul Saunders holds a BA from the University of Virginia and an MBA from the University of Chicago. Before founding James River Capital, he worked in corporate finance at Warburg Paribas Becker and as a commodities specialist at AG Becker. He then moved to Kidder, Peabody, and Co., where he eventually became president of their alternative investment division, KP Futures Management Corp. In 1995, he purchased the company and re-established it as James River Capital. In addition, he and his wife Vicki head up the Saunders Family Foundation in order to manage their philanthropic efforts. Learn more: https://twitter.com/jamesriver_cc

How Investing in Employees Provides Results for US Money Reserve

Angela Koch is the chief executive officer of US Money Reserve. As the top executive of one of the largest distributors of US government issued coins, she has proven herself to be a very effective leader. One of the keys to hers success has been her intention to always invest in her employees. With this approach, Koch has been able to make US Money Reserve one of the most successful organizations in the financial services sector.

When it comes to investing in her employees, Angela Koch has emphasized giving employees added responsibility. This helps the employees learn more on the job and gives them more daily obligations. Whenever an employee has more obligations and increased responsibility, they will usually perform better as they know there is more at stake when serving in their current position. Read more: US Money Reserve | BizJournals and US Money Reserve | Manta

The approach to investing in employees also includes promoting employees to higher positions. When an employee is promoted to a higher position, they are not just responsible for more things but is also increases their morale. An employee who is promoted will feel valued and have an increase in their overall confidence. As a result, they will be more effective employees for the organization.

Angela Koch’s emphasis on employee growth has proven to be a highly effective strategy when it comes to managing the company. The steady growth of employees has given them more incentive to perform at their best. It has also given them motivation to make themselves more valuable to the company by contributing more on a daily basis. Using this approach to employee growth has allowed Koch to maintain a very talented team of employees at U.S. Money Reserve.

During the past several years, Angela Koch has looked to improve the sales and marketing process of US Money Reserve. She has valued a sales and marketing system that focuses on demonstrating the quality of the products as well as focusing on customer needs. This approach has made US Money Reserve the most trusted distributor of precious metals.

US Reserve is a company based in Texas that markets and sells precious metals to consumers. It currently offers a wide range of coins, bullion and bars that people can purchase and invest in. All of the bars, bullion and coins are made out of the most valuable materials such as gold, silver and platinum.

US Money Reserve offers a wide range of commemorative coins as well which display the image of well known public figures. On top of providing coins and other precious metals, US Money Reserve also provides education and support for its customers.

It offers literature and website content that educates people about the latest developments in the precious metals market. The company also has representatives who are available to provide advice on which metals to invest in and when.

Learn more about US Money Reserve:

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Marc Beer: Redefining Professionalism in Biotech

In the last two decades, biotech companies have revolutionized how the world views research and innovations. Marc Beer has been part of this growth but through different entities. In more than 25 years, he has actively challenged the prior notion of innovations, especially when creating medical solutions. Currently, Beer is not only a respected figure in this medical space, but he is an important player in women’s reproductive health.

What makes Beer an exceptional expert in women’s reproductive health?

First, he understands issues affecting women — thanks to his connections with gynecologists. In the last 25 years, he has created relationships with other professionals in this space. Marc Beer understands the importance of having an updated reality of a market, as opposed to believing in a static version of a market. Through his interaction with the industry players, he understands that people, especially women with reproductive health complications, require non-invasive procedures. Through his companies, he creates products that answer the clients’ needs without compromising its efficiency.

Second, Beer appreciates the importance of having a good team in a company. In all the years he has been active in this niche, he has been keen on creating management teams that complement his strengths and visions. In his new outfits, Beer is fortunate to have some of the best professionals in different departments. Marc Beer, for example, brought some of the best policymakers to complement his strong research team. He understands that having a strong research team is not enough but having a team that has experts that understand different FDA regulations is critical. Learn more: http://professionaltales.com/the-voice-of-marc-beer-how-to-be-a-good-leader/

Thirdly, he understands that distribution for a company such as Renovia is vital for its existence. Therefore, Marc Beer has embraced all the available avenues in the world of distribution. His main goal is to make all the products accessible to millions of women across the globe. He is, however, also keen on creating distribution channels that help the clients to interact with professionals. Therefore, he uses different ways to make the products from Renovia available to millions of women with reproductive health complications.

Fourthly, in each of the above successes, Beer appreciates the importance of accessing and having funds. Thanks to his social capital and his connections with different stakeholders, he gets the right funding for each project. Marc Beer understands that creating a bond with other stakeholders, especially the financiers, is ideal for his company. As the CEO of his company; therefore, he believes he has the responsibility of protecting the trust investors have on his company.

Finally, his successes in this niche are a reflection of the support given by his family and colleagues. He believes that family and friends have a role to play in his contributions to the medical world.

How Marc Beer has Changed Lives in the World

In the world of medicine, successful private investors are few. People abandon their ventures when they discover the hardships they will face when working in healthcare. Marc Beer, however, has lived his dream career in this complicated industry. After being in healthcare for decades, the investor proved his excellent skills in healthcare by getting so much success. His career in this industry spans more than twenty-five years. Mark Beer has used his knowledge to bring many healthcare companies to success. His secret in marketing is developing effective solutions that can solve pressing and immediate problems in healthcare. The American born investor has a Bachelor of Science focusing on business. This degree, according to his portfolio, is from the popular Miami University.

Mark Beer completed his university education in the year 1987. The entrepreneur realized that he was talented in business, and he was very passionate about pharmaceutical activities. His first working position was the role of vice president in a company that is popular in the global arena. Genzyme registered so much growth when Mark Beer joined many years ago. The product line, for instance, managed to shock the international competitors. His team served more than three hundred and fifty million patients around the world. In the past, these individuals could not access the treatment they needed because they had rare forms of diseases.

When dealing with the underserved people in the global market, Marc Beer discovered that with a little effort, it was possible for him to conquer the market and reach more people. All he needed was to put more commitment to his game. Pushing further to make a difference in the world worked so well. His focus remained in the pharmaceutical industry, where he was most experienced. The businessperson set up his first company with the hope of getting more people treated from dangerous diseases. The company launched successfully in the market.

In the year 2007, VIA CELL was the pharmaceutical company making headlines all over the entire world. The founder of this institution, Marc Beer, was the topic in the medical industry. Having served in a global company, Marc Beer knew a lot about sales and marketing in the pharmaceutical section. The company touched many lives during its operational years. The primary aim of the institution was collecting and at the same time, preserving umbilical cord stem cells. This treatment could later cure a wide range of conditions affecting the human body. This kind of therapy was rare in the international market, and everyone wanted to try it. Fortunately, it worked for so many people who lived miserable lives of pain. In return, Marc Beer’s company grew and increased its presence in the pharmaceutical world. The executive was excited that he met his goal in his career. Learn more: https://renoviainc.com/leadership/

Omeed Malik Has A Candid Take On The Market Choices Many Firms Are Now Making Pre-IPO

 

As the Farvahar Partners Chief Executive and founder, Omeed Malik has established a strong professional reputation in the global banking and hedge fund industries. Omeed’s experience leading up to the creation of his firm is quite impressive. He has previously served as at Bank of America Merrill Lynch as the firm’s Global Head for its Hedge Fund Advisory.

Malik also accomplished some impressive feats in the Global Equities business when he founded the Emerging Manager program. During his involvement with this program, Omeed Malik was responsible for duties that included choosing hedge funds that would make valuable partners. These funds range from both established entities and newly formed ones. These formative experiences had a significant impact on helping Omeed to build up a wealth of knowledge that has helped him in his work with Farvahar Partners.

Omeed Malik recently spoke candidly about the topic of new hedge funds. His commentary was specifically related to the topic of trading before an initial public offering. The impressive empire of business success that Omeed Malik has developed over his career has made him an individual that others will seek out on advice regarding these types of topics. He has garnered significant respect based on a combination of integrity, intuition and shrewd business sense.

Farvahar Partners has built a well-earned reputation for its strategic investments in both the public and private sectors of business. Omeed Malik has provided critical guidance regarding the investment choices that have been made. One of the things that Omeed points out is the emergence of pre-IPO trading, particularly in the area of securities.

This phenomenon has allowed firms to stay within the private realm and to attain liquidity status before the launch into the marketplace on a public level. These companies may have simply gone public outright in market conditions that have existed in the past but the current market allows for this new strategy. This is just one of the insights that Omeed Malik recently elaborated on. Read This Article for additional information.

 

Visit: https://medium.com/@omeedmalik

 

Marc Beer Is The Newest Board Chairman Of LumeNXT

With his experience in the pharmaceutical and biotechnology industry, Marc Beer is one of the best professionals in both fields. Sporting a brilliant track in his 25 years of being in the professional scene, Beer is one of the most successful and most recognized names in the industry. Earlier this year, he once again received another recognition when LumeNXT, a company that manufactures surgical illumination tools, named him as the newest Board Chairman of the company.

 

Marc Beer reacted to this and revealed that he is proud that he has been trusted to the position. This also excites him because he will have a chance to join and work with accomplished surgeons and engineers who developed the products of LumeNXT. In addition to this, he believes that the company will play an important role in the future, especially that the minimally invasive methods are becoming more and more popular to surgeons and medical practitioners. As this method takes over the world of medicine, Beer believes that LumeNXT will be able to aid medical professionals and give a better result.

 

LumeNXT is known for its illumination products which utilize proprietary technology to enhance the visualization of the operation. This enhances precision and flexibility in the operation, which is important to minimize any risk of failure. What makes the products of LumeNXT special is that it creates bright light that delivers enhanced visibility generating a lot of heat which instead makes the operation more difficult. In addition, the products of the company are targeted to be a low-cost and disposable option without compromising the quality of the output.

 

The Co-Founder of LumeNXT, Paul Rhyme, expressed his trust to Marc Beer, who has been veteran in the field. Rhyme knows that Beer has been handling pharmaceutical startups ever since the start of his career and is known for making the companies he handle successful and profitable. Rhyme also believes that through Beer’s help, LumeNXT will be able to achieve more growth and commercial success to its future rollout. Beer created a lot of companies in the past which he was able to grow and sell for profitable prices.

 

Right now, Marc Beer is also one of the key executives of Renovia, a company dedicated to creating products that aim to diagnose and treat Pelvic Floor Disorders for women. It is currently developing four products for the purpose of diagnosis and therapy and uses revolutionary technology. Beer co-founded Renovia in 2016 and serves as the chief executive officer and was able to raise a $42 million fund for Renovia’s product development. Among the other companies that he founded is Minerva Neurosciences Inc., which aims to develop treatments for central nervous system diseases. Beer graduated from Miami University  Learn more: https://gazetteday.com/2018/10/marc-beer-funding-renovia/

Max Salk Is a Modern Day Renaissance Man

Max Salk is a talented and driven investment analyst with a passion for history, traveling as well as supporting programs for military members and their families.

Salk holds a degree in finance from the University of Illinois at Urbana-Champaign with a minor in history, but he has a curiosity that leads him to pursue many vocations such as photography and volunteering.

During his time in college, Salk developed an interest in investing and finance industry. He would routinely watch CNBC and perform extensive research on companies, learning how the markets worked. After graduating, Salk landed a stint at Morningstar where he would assist in seminars as a junior employee. Salk enjoyed developing presentations that involved various student activities and group discussions.

In his travels, Max Salk developed a passion for photographing beautiful landscapes, creating an extensive collection that can be found on his website, Max Salk Photography. He came up with the idea for the website, so he could share in his delight of capturing nature through the art of photography with others around the world. Salk is currently working on adding a feature that would enable visitors an opportunity to purchase prints directly from the website.

Supporting the Navy SEAL Foundation is a personal endeavor that Salk holds dear. Gaining a deep understanding of the incredible sacrifices military members and their families make in order to protect this nation and its citizens, Salk feels it is important to offer programs that support active duty personnel and their families during deployments. He is also an avid supporter of America’s Gold Star Families, which provides survivorship services for the families of fallen heroes.

Max Salk’s recipe for success comes from his honest and sensible approach towards developing a complete understanding of whatever endeavor he may be working on. He is exceptionally organized, pays attention to every detail and is not afraid to ask questions in order to gain a better insight as to how he can achieve his goals effectively.

Max Salk is an investment analyst in New York. Originally from Chicago, Illinois, he is a fan of both the Chicago Cubs and Chicago Bears.

http://inspirery.com/max-salk-investment-analyst-landscape-photographer/

Founder of James River Capital Paul Saunders Gives Tips for Startup Funding

As an aspiring entrepreneur, one of the significant challenges you face is the acquisition of capital to fund your startup. Having a good business idea is not a guarantee for funding. Nonetheless, you should have in mind that a plethora of ways exist through which you can fund your venture. You can use both creative approaches as well as traditional methods. Paul Saunders offers his advice on how you can bring your ideas into life using several strategies.

 

Academic Achievements and Milestones

 

Paul Saunders is the CEO and founder of James River Capital and its subsidiaries. Since his childhood, Paul Saunders had a passion for the financial sector. Subsequently, he enrolled at the University of Virginia where he graduated with a B.A. before going to the University of Chicago for his MBA.

 

Early Career

 

Paul Saunders’ educational background set him up for a career in trading and investment banking. Some of the firms he worked for include A.G. Becker where he worked in the Commodity Department and the Corporate Finance Department at Warburg Paribas Becker. Additionally, he also held various roles at Kidder, Peabody, and Co. as well as KP Futures management Corp. He served as the Director of Managed Accounts and President of those companies respectively.

 

Paul Saunders acquired the company in 1995. At that time, the organization was an alternative investment department of Peabody and Co. After the acquisition, he changed the name of the company to James River Capital Corp. His dedication and skills were crucial in transforming the firm into an independent investment company.

 

Passion for Philanthropy

 

Apart from his dedication to revolutionizing the financial sector, Paul Saunders also has a deep love for philanthropy. Together with his wife Vicki, they’ve been on the forefront in supporting diverse charitable activities that are dear to their hearts. For instance, they have assisted those from less fortunate backgrounds through various projects and initiatives.

 

James River Capital

 

The firm was officially founded in 1995 when it was acquired by Paul Saunders and his business associate Kevin Brandt. James River Capital is based in Richmond, Virginia. The firm is registered as an Investment Advisor with the SEC and as a Community Pool Operator and Commodity Trading Advisor with the CFTC.

 

Since it is inception, James River Capital has been a trendsetter in investing in a comprehensive array of asset classes such as asset-backed securities, managed futures trading, multi-strategy investing, fixed income arbitrage and global macroeconomic strategies. Additionally, the firm is also reputed for its keen investment in equity strategies and corporate credit.

 

Paul Saunders’ Capital Acquisition Tips for Upcoming Entrepreneurs

 

Bootstrapping- it involves securing funding via personal savings, borrowing from family and friends and using credit cards.

Crowdfunding- acquiring funding through contributions from a large group of people. Paul Saunders also offers other alternatives such as pitching an idea to venture capitalists and angel investors to secure funding. Learn more: http://jrccblog.net/

 

Michael Burwell’s New Appointment At Willis Towers Watson

Michael Burwell is a professional accounting professional. The accounting expert will now work as a Chief Financial Officer for Willis Towers Watson. This post had previously been held by Roger Millay who is now retiring.

 

The company which deals with insurance and reinsurance broking specialists stated that it was elated with the decision of having Michel Burwell in their team. John Haley who is the company’s Chief Executive Officer expressed his confidence in Mr. Burwell’s being qualified for the job, due to his expertise on a number of issues including; transactions, finance, and transformations. He stated that Michael Burwell is great at driving results, has excellent management skills and will be a great asset in generating long-term growth of the company.

 

Willis Towers Watson is a global company that has over 40,000 personnel working in 140 countries. The advisory broking and solutions company that is based in London offers solutions to institutions and people with a desire to cultivate talent, optimize benefits and manage risk in a bid to improve business performance.

 

ABOUT MICHAEL BURWELL:

Michael Burwell has 31 years’ experience in handling professional services and finance. He gained his experience working with PricewaterhouseCoopers (PwC) where he held several positions which include; heading the Global Transformation department, CFO and Chief Operating Officer among other senior positions. Michael Burwell has also worked for 12 years in the transaction service advisory and 11 years in audit, valuation, and pre-merger. Michael Burwell expressed his gratitude for being selected for the position. While stating his desire to contribute to making the company a success, Michael Burwell stated that he admired the power of direction and leadership in the company, its dedication to customers and the collaborative culture.

 

Michael Burwell began his career in PwC by working in Detroit handling transaction services. Following his tremendous success and transformational leadership, Mr. Burwell was selected to oversee the PwC central region and became the US transaction services Leader. In 2012, Global and U.S Transformation appointed Michael Burwell to another role. Mr. Burwell then played an integral role in optimizing organizational effectiveness in managing internal function such as; finance and global strategic sourcing. Find More Information Here.

 

The excellent financial expert studied for a Business Administration Bachelor’s degree at the Michigan State University in 1986 and he graduated. The Chief Financial Officer was rightfully named alumnus of 2010 by the Michigan State University during that year. Michael Burwell is also a Certified Public Accountant.

 

Visit: https://www.quora.com/profile/Michael-Burwell-5