WorkplaceDynamics, an well-known employee survey company, has named Talos Energy the best local small business workplace. While the company is typical compensation do not rank near the top, it has built that reputation by allowing its employees to have a greater stake in company.
Talos Energy was created by Tim Duncan along with a team of partners. The environment of the financial crisis of a decade ago forced him and his partners, who were then running private equity backed oil and gas company, to change their focus. By focusing on the most lucrative spots they were able to double in size and sell their company to Apache Corp. in 2011.
Tim Duncan, his partners in tow, then went on to start Talos Energy with the equity earned from their earlier backers, as well as their assets in the Gulf of Mexico that have been producing 16,000 barrels of oil per day. They went on to grow the company up to a total of 120 employees.
It’s the presence of an entrepreneurial spirit within the company that Tim Duncan believes attracts the best candidates for employment. It also encourages a free flow of ideas, which pushes innovation. He credits this tendency to the way he was treated by his bosses in his early years of his professional life. They wanted to hear what he had to say, and that made him work that much harder.
The smaller size of the Talos Energy has a lot of influence, as well. Michael Harding, chief accounting officer and controller, believes being a private equity pushes Talos Energy toward a more entrepreneurial atmosphere. This leads to more innovative thinking than is possible with typical larger firms. Having a smaller employee pool also means that the work each individual does has larger reverberations throughout the rest of the company.
The internet age in the 21st Century changed the game for most businesses and companies. Today, any company that is worth its salt is bound to keep innovating and investing in technology because it is the future of doing business. Fortress Investment Group is the latest multinational company to do so, having put pen to paper on a financing deal with iPass. iPass is one of the top global providers of connectivity network, accounting for more than 64 million wi-fi hot-spots around the world.
This effectively makes iPass the leading provider of the most extensive Wi-Fi network. It gets better because their system supports all devices running SaaS( Software-as-a-Service), which means that users can sign in anywhere, anytime using any device. This technology has been tipped to be the future of doing business and networking . With Fortress now invested in iPass, it gives them an added advantage, given the future profitability of iPass.
According to Maravedis Rethink, more than 300 million Wi-Fi hot-spots will be available by the end of 2018 across all parts of the globe. iPass has strategically positioned itself in a position to take full advantage of the surging industry by coming up with unique products such as SmartConnect and Veri-Fi. As iPass CEO Gary Griffiths notes, the financial resources provided by Fortress will be a big boost to their projected growth. Fortress Investment Group financed iPass to a tune of $20 million, with $10 million being immediately accessible to iPass.
The move by Fortress Investment Group is a welcome gesture to the stakeholders of the company who now stand to make a killing in the future when iPass gathers momentum. With the digital revolution taking shape, companies with no digital plans will find it had to survive in the industry. Fortress is on the safe side and has made one step further by investing in the technology of the future.
More about Fortress
Fortress Investment Group, a wealth management firm was founded back in 1988 by Wesley Edens, Rob Kauffman and Randal Nardone. Since then, the company has grown to be one of the most trusted investment partner by hundreds of companies and individuals all over the world. In 2007, the company made history by being the first private-equity investment firm to go public and list in the New York Stock Exchange. To know more about the company click here.
Recently, a video made by Matt Badiali instantly went viral. The video talks about freedom checks, but only a few people understood its message. It turns out, Matt Badiali is sharing a new strategy for the public on how they can gain additional income. He explained that these checks could be purchased for as low as $50 to $100 from master limited partnerships – or companies which have agreed to be under the Statute 26-F right after it was implemented – and they are required to provide these checks to the people who wanted to invest in it. Freedom checks are like an investment at the stock market, wherein if an oil or petroleum company that they chose to invest in profits a lot, they will be given a percentage of their income and the amount will be sent through check. The larger the investment, the larger the percentage will be. All Your ‘Freedom Checks’ Questions Answered. It is similar to how a dividend works, but those who have purchased these checks have a chance of getting thousands of dollar per month on their mailbox if they would start investing smartly.
Matt Badiali stated that purchasing freedom checks is not a scam, because it is backed by a law that was passed during the administration of President Richard Nixon. The law, which is more popularly known as the Statute 26-F, was passed by the United States Congress during the times when oil and petroleum companies are thinking of leaving the United States for a better chance of profit in other countries. President Richard Nixon never liked the idea, and he mobilized the United States Congress to create a law that would persuade the operators to stay in the country.
The lawmakers drafted the Statute 26-F, promising oil and petroleum companies of tax-free operations, only if they will be staying in the United States and if they will be providing freedom checks. The companies agreed to the deal, and those who remained where referred to as MLPs, or master limited partnerships. In the present, they are the ones who provide the freedom checks, and according to Matt Badiali, only a few people knew about this, and he wanted to give everyone a chance.
Madison Street Capital became well-known across the United States because of their services targeting the middle market. The investment and financial firm have been helping a lot of middle market business people who do not have any means of getting additional financing. Madison Street Capital is also known for being the leader in merger and acquisition services, and recently, they have also focused on providing advisory services for companies who are trying to work with them. The Madison Street Capital reputation is mostly positive, coming from the business people who have worked with them in the past. They are saying that the firm knows how to handle their client’s issues well, and they are providing a concrete solution for everything.
Recently, the investment and financial firm were recognized by the M&A Advisor due to their competitive performance in the field of business and finance. They were given the Debt Financing Deal of the Year back in November 2017, and the M&A Advisor said that the influence of Madison Street Capital in the world of business is undeniable, and they deserve the award because of their assistance to hundreds of business owners across the United States. There are more than 600 companies who were prospective recipients of the award, but the Debt Financing Deal of the Year was ultimately given to Madison Street Capital.
The M&A Advisor started giving out awards back in 2002, and they said that the award-giving body is recognizing only the best companies. They are happy to inform that Madison Street Capital is one of the most competitive companies in the field of business and finance, and they have noticed that the company is eager to help the business people who are struggling with their finances. On the other hand, Madison Street Capital could not hide their gratitude for the award that was given to them. They said that they are flattered with the recognition provided to them, and it will make them more competitive in providing services to the business people who wanted their companies to thrive.
Today, Madison Street Capital is serious in expanding overseas. They have established satellite offices in major cities across the world, and the management stated that more business people could now avail of their services since they started propagating abroad. The company has a vision of helping all of the business people around the world who are having issues with their finances.
According to an article by The Bro Talk, Juan “OG” Perez and rapper Jay Z had a fun night out to dinner to celebrate Perez’s birthday. Jay Z reportedly shelled out around “$113,000” for the close friend. The two are also business partners. The dinner costed around $13,000 along with another 9G for drinks and 91G tab for the club to celebrate his 50th birthday. The two, along with Roc nation executives spent the night in Midtown dining at an excellent Japanese restaurant. Lobster, steak, and sushi were served which accumulated to the price of 13 grand.
After that, the group went to a restaurant and nightclub attraction located in Inwood. The 9 grand bill for drinks was spent there with Jay Z ordering a special Cognac. The night ended with a 91 grand bill at the Playroom Nightclub as they ordered many bottles of champagne. The group reportedly split after having drinks but the Roc Nation executives continued to party well into the morning with champagne and rose. The celebration then went onto Snapchat with the huge bill at a whopping 74,000 dollars, along with the tax and a tip making the total 91 grand.
There is still some confusion as to why the group ordered so many bottles of champagne between 6 people only. Other bottles could have been handed out to others and that could be why they ordered that many. The irony in all this is the fact of Jay Z and the group enjoying champagne that the rapper owns himself to make him money and the viral videos on the party has created free promotion of Jay Z’s products to make him even more money in the long run. Jay Z and Juan “OG” Perez have a unique bond and lived the night out in style.
Dr. Saad Saad is a former pediatric surgeon having served for 47 years. His career in the medical field was an embodiment of innovation, sacrifice and service. Dr. Saad Saad accomplished a lot during his career and there is a lot that can be learnt from him. In an interview, he shared life-transforming insights that can’t just be overlooked.
Don’t settle for less
Don’t settle for less
While in Kuwait, he was exposed to a harsh and unfriendly environment and the only place that was friendly to him was the operating room because it was air-conditioned. He set his mind on Pediatric surgery and he never wavered from the path. He believes that if you set your mind into doing something, you will do it. In the journey for pursuit of success, accept nothing less than what you actually want.
Dr. Saad Saad developed a habit of not waiting for tomorrow to accomplish what he can accomplish today. This helped him a lot to stay efficient and productive as a physician. He endeavored to make the most out of his time.
After he moved to the US, he became the first and the only certified pediatric surgeon in the US who was able to talk fluently in Arabic as well as English. That opened the door for a prestigious opportunity. The Saudi Royal Family took him and he was mandated with performing complex pediatric surgery to children in Saudi Arabia. He served in the position until 1989 when he returned to the US.
In the United States he worked to come up with innovative ways to minimize pain and catalyze recovery for his patients. He came up with many medical procedures such as eliminations of a second incision requirement that was performed on children.
Insist on your goals
Insist on your goals
Dr. Saad Saad said that if you insist on your pursuit, you will achieve your goals. He took on the advice of his father and pursued his dreams without wavering. It may sound as a cliché to say that you can be anything you want be if you keep your eye on the price but it is very true. If there is anything to be learnt from the former Pediatric surgeon is the importance of setting your mind on your goals and not hesitating to advance the goals if there is still time left in the day.
The Inventions that Dr. Saad Saad came up with
The successful former pediatric surgeon strived to make it easier and safer to care for children. The first innovative invention he developed is endoscopes with a suction device at the end. The device reduces wastage of time in cleaning it. He used the device many times and its efficiency can only be imagined.
Rick Shinto is the CEO and President of InnovaCare Health, Inc. based in New Jersey. The group is one of the top players in the healthcare services industry in the North America region. InnovaCare has significantly reduced the cost of healthcare services, and many people now have the opportunity of a quality cost-effective medical cover. In Puerto Rica for instance, many residents have access to better and affordable health care that was not available before courtesy of InnovaCare.
The success that the group has enjoyed can be attributed to the commitment to its mission of leading transformation in the medical care management sector and a visionary target of building on strong products that are patient oriented yet affordable and top of the notch. In the quest of staying true to its mission and vision, InnovaCare group has selected individuals with outstanding leadership qualities and who share the company’s values and aspirations. For more details visit modernhealthcare.com
There are three other senior members at InnovaCare apart from Rick Shinto, and they have all been an indispensable acquisition for the firm. Rick Shinto is a professional doctor who has previously served in the field of pulmonary internal medicine in Southern California. Dr. Shinto has impressive academic credentials including a B.S degree earned from the University of California, a medical degree received from the University of New York and an M.B.A degree from the University of Redlands.
A past winner of the Ernst and Young Entrepreneur of the year Award in New Jersey, Dr. Shinto has helped InnovaCare Health grow to new heights since his appointment in 2012, the same year he received the award. Dr. Shinto is noted as a leader who inspires his team to put an extra effort in their undertakings for the group. This approach has set the company on a path of success, and the CEO is ascertained of InnovaCare’s further growth and an eventual diversification into other markets. Check out zoominfo.com
Dr. Shinto has previously served in the leadership positions in other companies. Before joining InnovaCare, Dr. Shinto was the President and CEO of Aveta Inc. In Aveta, Dr. Shinto demonstrated his innovative approaches to developing solutions which brought the company prosperity while still helping the local communities. Before joining Aveta as the CEO, Dr. Shinto was also the chief of the medical department at the North American Medical Management, California. Before that, Dr. Shinto had also worked with Medical Pathways Management Company where he served as doubled as the chief operating officer and chief medical officer.
Dr. Shinto is an experienced leader who has continually demonstrated the desire to improve situations for others, and with this, InnovaCare can only keep on growing.
Tim Duncan, Founder, and CEO of Talos Energy, has been referred to as a Deepwater Wildcatter. During one of the most critical moments in Houston’s History, Tim Duncan found himself having to evacuate his family to safety. The flood waters from Hurricane Harvey caught everyone off guard. Tim, arranged for a private flight to Alabama, where his family would be safe. Tim then returned to Houston to continue working and made arrangements to stay with his parents.
Duncan was in the middle of negotiations with Stone Energy, and could not put 4 months of hard work and $2.5 billion dollar merger on hold. When the Hurricane hit he was securing financing with bondholders Franklin Templeton Investments and Mackay Shields about restructuring over $800 million of combined debt. The merger will position Talos Energy to go public and the company will benefit from the offshore equipment and leases. When the merger is complete Talos will have acquired $2.3 billion in assets and $700 million in debt also positioning it to go public.
As wildcat bets go, drillers prefer the Permian Basin; where profits are assured for a short time, usually 2-3 years. Tim Ducan’s strategy is to take old wells and drill a little deeper; where the risk is greater and profits last decades. Talos energy will be able to produce 48,000 barrels per day after the merger. It plans on doing a lot more than that.
The Gulf Coast is one of the largest oil produces in the nation, more waters have been opened to leases. The political changes in Mexico and deregulation, have made exploration available to foreign companies. Talos struck gold in Mexico, the Zuma Field is one of the mega oil strikes in decades. “Grabbing that opportunity was 100% Tim Duncan,” says, John Bookout, who assesses energy plays at Apollo Management.
Paul Mampilly has accomplished a lot in his career, especially considering his rather humble beginnings in a small Indian village. At 42, his career in investing has lasted over the last decade and a half. During this time, he has held a wide variety of positions that have given him important insight into the world of Wall Street.
Paul Mampilly is a firm believer that investing doesn’t have to be limited to the elite anymore and encourages other to invest using his newsletter from Banyan Hill Publishing aimed at ‘Main Street Americans’. He and his advice have been featured on news outlets like Bloomberg TV, Fox Business News, and CNBC. With his new publication, he can spread his messages about investing to those who are interested across the United States.
His newsletter Profits Unlimited is subscribed to by more than 90,000 people. Before joining Banyan Hill Publishing Paul Mampilly was getting tired of helping corporations become richer while everyday people struggled to make ends meet. This is one of the factors that led him to retire from the world of Wall Street in order to get into the publishing industry. His newsletter consists of 8 pages that include a “model portfolio” or stocks that Paul Mampilly personally recommends to his readers based on his extensive research.
After earning his bachelors degree in business administration Paul Mampilly earned his first position of many in the financial industry at Bankers Trust Company. Starting as an assistant portfolio manager he quickly became a full portfolio manager before earning the position of research assistant after the company was acquired by Deutsche Bank. His experience at Bankert Trust allowed him to gain a lot of necessary experience that taught him the vital importance of research when it came to investing.
As his experience grew, he was able to move up the ranks even more and eventually was managing accounts with millions of dollars in capital in their portfolios under ING. After leaving ING he joined Kinetics Asset Management as a hedge fund manager. In this position, his portfolio eventually grew to contain over $35 billion in assets that he personally managed.
Financial experts can specialize in so many different investments. The most popular one is money itself, then there are stocks, bonds, real estate, and the list goes on. Well, one entrepreneur/scientist took knowledge of natural resources and turned it into a unique way to help people invest in them.
This included oils, gas, raw materials, and so on. Since we all need these natural resources to survive, investing in them will never go out of style. The Delray Beach, Floridian joined Banyan Hill in 2017 to start up his first financial newsletter called “Real Wealth Strategist.” Like most successful entrepreneurs Matt Badiali’s day starts bright and early in the morning, the best time to be productive. This is 6:30am for Mr. Badiali and first thing he gets his daughter to school. The next step of the day is to grab a cup of coffee and the paper to check the news. He also scouts the TV to watch Bloomberg and the Weather Channel. Work at the office starts at 8am in which he goes to work writing his newsletter for a couple hours. The other half of the day focuses on checking emails, going to meeting, etc. He may catch up on his reading to learn more and soak up some more knowledge.
The best way that Matt Badiali gets things done is one thing at a time. He feels tasks get finished that way instead of spreading yourself too thin and not getting anything done. If the natural resource expert could dish out one piece of advice that would be to read. If you listen to habits of successful people it is to read all the time. Get lots of information into your brain so you have a library to pick from in the future. Matt reads The Mining Journal, which seems like an obvious choice due to his profession. Matt Badiali reads Bloomberg and The Wall Street Journal. He believes reading is crucial because the information he gets from it helps him put together his ideas in a real way. That is perhaps why Matt is so successful.