David McDonald – From Farm Living to President and COO

If anyone is proof that you can be anything you set your mind out to be, it is David McDonald. He is walking, breathing, and talking proof that hard work and dedication can lead to the achievement of all your goals and beyond. This man put in a lot of hard work and dedication, blood, sweat, and tears over the years, and he has done just that. David McDonald was born in northeast Iowa and raised on a farm. He graduated from the University of Iowa in 1987, receiving the Wallace E. Barron Outstanding Senior Award, as well as his Bachelor’s degree in Animal Science. He started his career with OSI Group almost immediately following his graduation. He is still actively involved with the university’s Agricultural Entrepreneurship Initiative.

In 2011, he is responsible for a group of students visiting a OSI facility in China, to which one of those students is a now a current employee. He also took on a student intern, which opened the path for additional internship opportunities in the future.With McDonald as President and COO of OSI Group, the company has made several changes for the better. Under his presidency, they have extended to Hungary and Geneva. Additionally, two poultry producing factors opening in China has made OSI group the world’s biggest poultry producing company. Most recently, the company purchased Baho Foods with McDonald’s praise.

After the purchase of Baho Foods, McDonald expressed pride and praised the deal, saying that the investment is a significant one that compliments the company’s existing products and clients.He is quoted by Food Business News as stating, “Adding Baho Food to our OSI Europe business gives OSI a broader presence in Europe. The company’s portfolio of products and brands complements OSI’s current processing strengths while broadening our capabilities to best serve the evolving needs of our customers.”You cannot think that you will fail to meet your goals and still achieve them. you must believe that you can, be dedicated to doing so, and put in the work it takes. David McDonald is a perfect example of this. He believed he could, stayed dedicated, and worked as hard as he had to and look where he is today.

George Soros Puts His Money Where His Mouth Is

George Soros is known to many as one of the world’s most wealthy people. To those who know him well he is one of the most generous men, donating billions of dollars of his fortune in order to further the social justice issues that he believes needs to be addressed. This was ever present in January of 2018 when Soros announced that he has donated $18 billion to the Open Society Foundations over the past few years. For Soros, this was over two-thirds of his $26 billion fortune he has amassed as an investor. This comes on the heels of the $11 billion he has donated over the past 40 years to progressive and liberal groups in the United States and abroad.

The announcement makes the Open Society Foundation second only to the Bill and Melinda Gates Foundation as the largest foundation of its kind in the entire world. The foundation was founded by George in 1993 in New York City and currently has a presence in 37 countries around the world. The name “Open Society” stems from the popular book by Karl Popper, whom Soros studied under as a student.

Born in Nazi-occupied Hungary in 1930, George Soros escaped to the United Kingdom to attend college in 1947. From the late 1940s to 1954, Soros obtained Bachelor’s and Master’s degrees in Philosophy from London School of Economics. Early on in his adult life, George struggled to find work but finally got a job in banking in New York City for F.M. Mayer buying and selling European stocks.

After this big break, Soros became an expert of sorts in the European marketplace, using his theory of reflexivity to locate booms and busts in the market. This theory served him well and he eventually became vice president at Arnhold and S. Bleichroeder, where he worked from 1963-1973. This job did not particularly suit him and in 1966 he used $100,000 of his company’s money to invest using his own theory. By 1973, he had amassed a sum of over $12 million in this fund.

Using his fund, over the next 20 years Soros would become one of the richest men in the world. In the early 90s he shorted the British pound at a time when shorting a major currency was unheard of. This move resulted in an over $1 billion profit, cementing Soros as one of the world’s most savvy investors. After starting the Open Society Foundation, Soros has made his life’s work to influence society through philanthropic work and politics. He is the largest single donor to Democratic Party in the United States, lobbying for liberal ideas such as open border, abortion, and drug policy reform.

George Soros has dedicated his life’s work to progressive ideas and helping the needy. His contributions to economic theory is perhaps understated because of his philanthropy but nevertheless, Soros is one of the great economists of the 20th century. His current net worth after this donation, is now estimated at $8 billion.

Visit More : www.forbes.com/profile/george-soros/

Fabletics’ Innovative ECommerce Formula

Today, the world of activewear and retail sales has changed significantly, even from just a few years ago. Today, online sales are where a lot of the profits are being made, and all of this has been a real game-changer for the business world. E-commerce sales are a huge part of today’s fashion business, and the truth is that amazon.com already has 20 percent of all of those online sales.

 

 

So, how can any new company succeed in this fierce sales environment? What it takes these days, is a quality product, last mile service, great brand awareness, and the promise of a great customer experience. Right now, the Fabletics activewear brand, which was started just three years ago by actress Kate Hudson and her partners, is showing how it’s done, as this startup brand is now a $250 million company.

 

Kate Hudson’s Entrepreneurial Spirit

 

Kate Hudson began her career with a major success in the film “Almost Famous.” She garnered an Academy Award nomination as Best Supporting Actress, and followed up with a string of roles in popular romantic comedies. Through it all, however, she still held onto a dream of making a mark as a fashion entrepreneur. By partnering in Fabletics, she has been able to realize that dream and take it on to a powerful place in the industry.

 

Membership Based

 

Fabletics is subscription based, and this innovation has been shown to be very appealing. Those who buy a membership fill out an online survey on the site about their taste in workout wear and their fitness routines. This allows the company to select clothing that suits their tastes, and to try on pieces at home.

 

Physical Stores

 

Today Fabletics is also making a mark by using a concept of “reverse showrooming” in its physical stores. The company is adding more stores nationwide, to add to the sixteen already existing. The stores bring in about 30-50 percent of customers who are already members, and more customers become members when they visit stores. Customers can try on clothes in the stores, but order them through their own subscription. This has proven a winning formula for customers and for the brand, and it goes against the trend of seeing actual stores as a losing proposition.

 

As the Fabletics brand looks ahead, more growth and more success is seen, as this affordable and innovative fashion brand moves along.