Economist- Sahma Adrangi

St. Joe Company is one of the largest real estate organizations in Florida. The company was established with a primary purpose of transforming the real estate development in the Panama City Beach. In the recent past Kerrisdale Capital which is a privately owned investment firm published a report which was negative talking about their position in the Florida based real estate company; St. Joe Company. According to Kerrisdale, it is not possible for St. Joe to develop their land irrespective of their $1 billion valuations. The remaining land is located in a swampy environment, bare and remote area.

St. Joe Company has been selling more than 400k square meters commercial space as well as 2700 space for developing residential homes every five years. According to the report, it means that the Florida based development firm will be the top selling real estate firm in the United States of America. This is just a report, in reality, St. Joe Company has been having less advancement in the market. Kerrisdale carried out the research and they came out with the results which indicated that St. Joe has no records when it came to fillings of permits, constructions as well as other processes. According to Sahm Adrangi individuals as well as organizations who invested in St. Joe and have been waiting for long should be ready to wait longer because according to him the construction and development company continues to struggle and their lands which were practicable are no longer executable.

Sahm Adrangi is the Chief Investment Officer and the Founder of Kerrisdale Capital Management. The company which is a privately owned investment firm was established in 2009, and ever since the creation of the firm Sahm Adrangi has been active in the management of the organization. The group has tremendously expanded. Mr. Sahm established the firm with $1 million and in 2017 the firm’s capital was $150 million. Sahm Adrangi does not only own and manages the company, but he is also an author who sells and publishes research. Mr. Adrangi has taken the step of sharing his studies on Kerrisdale’s website. Sahm Adrangi is also a motivational speaker who began his career serving at Deutsche Bank as a credit officer. He is a graduate of Yale University where he studied and graduated with a Bachelors of Arts in Economics.

http://www.zerohedge.com/news/2016-04-21/notorious-short-seller-raises-100-million-take-down-unknown-company

The Concept of Market America

Market America is a multi-level marketing strategy company. The concept behind Market America is recruiting other shoppers. Business owners shop on shop.com; their purchases become cash back, when they hire other shoppers they get a portion of the recruitments repurchasing cash.

The concept of Market America is to take and recruit new shoppers to shop.com. When new shoppers are recruited to shop.com, they are beneath the person who hired them. When those people shop the person who drafted them will get a portion of their cash back. They are a multi-level marketing company that takes it to a new level. The new standard is that it is powered by the people.

The more people a shop owner can recruit, the more money the shop owner will make. There is a central concept of any multi-level marketing firm. However, most multi-level marketing concepts do not offer any cash back. Most of them provide a set commission. With the shop.com multi-level marketing, the business owner does not have a fixed commission. Instead, the business owner will have an undefined commission.

Recently Market America ranked number 65 and the 2018 internet retailer top 500. That was a big honor for them. It means they are 65 out of 500 named for the internet marketing that they do. Being in the top 100 was an honor for the company as a whole, which means they are doing a good job and fulfilling their goals as a company.

Being ranked in the top 500 buy internet retailer top 500 shows that Market America strategy works. Many people are successful with their company. The concept is being in business for yourself but not by yourself. Those who are successful are excellent at multi-level marketing strategies.

Once you are successful in one multi-level marketing strategy, you should be able to be successful with other multi-level marketing strategies. However, it takes a particular personality to succeed at multi-level marketing. Those who have this personable skill will thrive in any multi-level marketing venture they choose. Those who do not can try to develop the personality, and might have mediocre success with these strategies.

https://www.crunchbase.com/organization/market-america

GreenSky Credit – Fintech Industry’s Got a New Unicorn in Town

Founded in 2006, GreenSky Credit is an Atlanta-based Financial Technology firm that provides credit programs as well as technology to banks and merchants that provides loans to their consumers. Bloomberg reports that services include: same day funding for submitted invoices, account management, collections management, invoice verification, credit services, and online transaction management.

Forbes met with GreenSky’s CEO, David Zalik, to learn first-hand of Zalik’s background and path to success. Forbes reports that GreenSky is ranked third in value as a fintech company, with the CEO landing at billionaire status. Zalik shares the success behind his unique business model in which home remodel contractors are the consumers reached through the company’s sales team pitching their user-friendly mobile device apps. Zalik found an opportunity in this market where GreenSky provides easily accessible and quickly-delivered loans for average scoring FICO consumers.

Between the banks and contractor deals, GreenSky Credit’s model allows the company to profit on both sides of the deal. GreenSky Credit serves as a modern-day middleman and is not constrained by defaults.

Forbes continues to share the story of the businessman who built the company. Zalik’s family moved from Israel to Alabama when he was just 4 years old. He scored exceptionally high on the SATs and enrolled in college classes at age 16. During his college education, Zalik established his first company called Microtech, where he had dropped out of college to focus on his company before selling the 20-person company for a few million dollars at age 22.

After being involved in starting two other companies that ultimately failed, Zalik continued on the challenging path to success even after establishing GreenSky Credit. He was determined through his efforts of begging contractors to a $200 Million deal falling apart, but success was found after many would have given up. With Nigel Morris’ partnership and investment in the company, GreenSky surged to unicorn status.

https://www.kununu.com/us/greensky-credit/reviews