Eighteen years ago, Michael Grimmé returned from Europe, where he had been working in the oil trading industry. He relocated his family to Ft. Lauderdale, where he bought and ran a chain of boutique hotels. With the dramatic freeze in the tourism industry after the events of September 11, 2001. Michael had to reassess his assumptions about the hotel industry in an inventive way, and embraced the opportunity for change. The economic downturn, Michael realized, triggered hotels and resorts to sell excess stock and furniture as a source of revenue. In the midst of this economic crisis, he reassessed his business strategy and pivoted into a new market: furniture liquidation.
How do you find the courage to make the leap into entrepreneurship? Brian Brackeen had a comfortable job with a highly successful company. But Brackeen felt a calling to build something of his own. He is the founder of Kairos, a technology responsible for facial recognition and emotional analysis. ENTREPRENEURradio shares his story on “Inside the Entrepreneurial Mind.”
In conversation with ENTREPRENEURradio, Willy illustrates the advantages of taking risks and confronting failure early on. He says: “You need to be prepared to accept failure, and you need to understand that this is a marathon, not a sprint. Put your head down and keep pushing forward.” Continue reading
What do you do when the business models that brought you success are no longer the best road map in a new environment? Robert Grosser, president of Luxury Mortgage Corporation, a private company that provides a wide-range of mortgage products and services for homeowners. Continue reading
Having a distinguished career is important to a lot of people, but what do you do when reaching that achievement that conflicts with your essential values? Mel Lagomasino successfully and effectively worked in the institutional environment of big banking for many years, but eventually became disillusioned with the evolving nature of the industry.
MIAMI–(BUSINESS WIRE)– WE Family Offices, the independent, family-focused wealth management firm based in Miami, FL has been named Best Multi-Family Office in the $3-5B AUM/AUA category by Family Wealth Report as part of the 2016 Family Wealth Report Awards. The awards recognize high-quality service and achievement at both the individual and institutional level, as the family wealth management industry continues to evolve at an accelerating pace. “Our focus is always on serving our clients and enhancing their wealth management experience, but it is nice to be recognized by our industry peers,” says Maria Elena Lagomasino, the firm’s managing partner and CEO. “People are beginning to understand the benefits of independent, conflict-free investment advice and transparent fees. Anything less has...
Jack Daly’s life-long love affair with entrepreneurship led him to his current role as a celebrated professional speaker, whose high-octane presentations on sales management have inspired individuals from companies of all sizes, trade associations, conventions, non-profits and schools. Continue reading
Allen Bracket , CEO of House 2 Home, built the foundation to his successful company 30 years ago. On a bet that it required financial capital to build a business, he founded a housecleaning company by volunteering to clean houses as a research project while studying business at George Washington University. He learned to clean houses, and what homeowners wanted from housekeepers. With Dyna-Maids, Inc. he disrupted another model: the stigma associated with workers performing residential housekeeping and commercial janitorial services and by redefining the roles men and women perform in the cleaning fields. He removed the gender bias associated with each respective industry by creating a workforce equally representing men and women, then creating a niche market by combining janitorial...