Tag Archives: entrepreneur

Three FinTech Entrepreneurs To Look Out For In 2021 | Instant News

Three FinTech Entrepreneurs To Look Out For In 2021

Although the COVID-19 pandemic continues to wreak havoc on the global economy, 2021 remains an important year for the world of fintech.

Here are three entrepreneurs to watch out for this year, as they continue to make waves and pilot change in this area …

Nick Spanos

Nick Spanos

(Photo: Nick Spanos)

Nick Spanos is one of the most well-known investors and innovators in the blockchain and crypto world. In 2013, he made headlines when he founded Bitcoin Center NYC – the first cryptocurrency trading floor – just across from the New York Stock Exchange (NYSE) in the Lower Manhattan financial district.

He is also the CEO of Blockchain Technologies Corp., which holds multiple blockchain patents for blockchain voting and VoteWatcher, the world’s first blockchain-based voting platform, and is working on many other projects that enhance blockchain’s real-life applications.

One of Spanos’ interesting and potentially disruptive projects is ZAP, which he co-founded in 2017. ZAP is essentially a marketplace and tool that allows developers to build and launch decentralized applications (Dapps) and smart contract which makes use of real-world data and events to trigger the aforementioned contracts.

He’s also been featured in a Netflix documentary about Bitcoin, and he’s spoken at dozens of different blockchain shows in the US and far beyond.

Ben-Ezer Barracks

Ben-Ezer Barracks

(Photo: Ben-Ezer Barracks)

Next, there is Barak Ben-Ezer, CEO of digital banking applications Grace. He is also the man behind SOV, the blockchain-based currency which, according to a bill passed in February 2018, is the new legal tender in the Marshall Islands. This makes SOV unique and fundamentally different from Bitcoin and other stablecoins and altcoins.

The main difference between SOV and traditional fiat currencies is the fact that the first rate of supply growth is algorithmically fixed at four percent per year, at which point for fiat, the government or central bank can increase the money supply as much as they want, potentially. leading to a high rate of inflation.

Additionally, Ben-Ezer won the Geektime Award in 2014 and previously served as the co-founder and co-CEO of Libra Trade – a popular FOREX and options trading platform.

Soravis Srinawakoon

Soravis Srinawakoon

(Photo: Soravis Srinawakoon)

Lastly, we have the CEO & co-founder of Band Protocol, Soravis Srinawakoon.

The permissionless blockchain protocol, which is supported by the likes of Sequoia Capital and Binance Labs, works in a similar way to the ZAP Spanos platform, as it connects blockchain applications with real-world data and transactions.

Prior to launching Band Protocol, Srinawakoon worked as a software engineer at Ericcson before becoming a teaching assistant at Stanford University, where he graduated in 2013.

Srinawakoon, from Forbes Asia 30 Under 30, also founded Better Off, a charity that builds libraries for children’s use in rural Thailand.

Ⓒ 2021 TECHTIMES.com All rights reserved. Don’t reproduce without permission.


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Meg Thee Stallion Donates To Advancing Bennett College’s Entrepreneurs Program | Instant News

BRegardless of the art, rapstress Megan Thee Stallion known for using its platform and resources to uplift and empower individuals from marginalized communities. His latest philanthropic endeavors are centered on investing in the future of HBCU students. Based on HBCU Buzz, a Houston native joined Nova Cares Fashion to donate $ 25,000 to Bennett University.

Grammy Award winning artist – whose real name is Megan Pete—Inserted with the Fashion retail brand Nova and the company’s philanthropic arm to provide an all-female school, based in North Carolina, endowment funds to the Center for Entrepreneurial Studies. For Pete – a proud Texas Southern University student who has plans to explore entrepreneurial avenues beyond music and into the health care industry – these endeavors are in line with his personal aspirations. She wants to pay for it by helping Bennett College advance its programs and nurture the next generation of black female leaders who will shape a different industry future. Bennett College’s Center for Entrepreneurial Studies aims to use education and entrepreneurship as a platform to tackle socio-economic inequities and empower students to capitalize on innovation so that they can thrive in today’s changing economy.

“Receiving this donation is beyond our imagination,” Tammy McNeil, who serves as interim chair of business and economics and assistant professor at Bennett College, said in a statement. “This donation will certainly help us continue our quest to support and encourage students who wish to become entrepreneurs, whether their interests are in the fields of social entrepreneurship, intrapreneurship, or corporate innovation. I really love seeing the wheels spinning in the entrepreneurial minds of students. “The $ 25,000 prize is part of a larger initiative led by Fashion Nova and Fashion Nova Cares for Women’s History Month dubbed Women on Top. Through the effort, $ 1,000,000 was donated to a women-owned business, a non-profit organization focused on empowering women. and colleges across the country.

News of Pete Bennett College’s donation came after him and Nova Cares Fashion donated $ 50,000 to Advancing Justice Atlanta; a non-profit organization that focuses on advocacy for the AANHPI community. Last month, he was partner up with Rep. Sheila Jackson Lee and the National Association of Christian Churches Disaster Services, to provide assistance to elderly residents and single mothers whose homes were damaged by Winter Storm Uri.


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Spinning From High Fashion To Health Technology – What Marketers Can Learn From Francois Kress | Instant News

I was fortunate to meet and interview some outstanding business and marketing leaders, but I was successful so curious to meet Francois Kress, former President and CEO of brands like Carolina Herrera and Prada.

Making sure my Zoom background is right on target, I carefully selected my #remotelife outfit that was most fashionable (and yes – she comfortably beat me on both sides) trying to make the best impression on this fashion legend when we met via video to discuss the company innovative technology and wellness, Feelmore Lab. Despite his outstanding career with roles at LVMH, Prada, Bulgari, and other luxury companies, I found him humorous and very humble (“Anyone can have a long and great career if they are mature enough”) despite his success.

“I have been very fortunate to run many well-known brands around the world, but in my mind there is always a certain nostalgia for science. There is no science in most luxury, it is traditional – products are made the same way for a hundred years. It’s usually about expertise and a lot of marketing. “

Feelmore Labs recently launched their flagship product, Small bay—Scientifically proven slim clothing can reduce stress and improve sleep quality, without interrupting your daily routine. This highly anticipated device has received a lot of attention, with features gathered from leading technology publications and also being voted the winner for FORMWell Tech Awards 2020.

I was intrigued by his scientific background and how passionate Francois is about neuroscience, technology and fitness, all of which have made his 2016 startup a reality.

“I grew up in France, in a family consisting mostly of doctors. I studied science and math for many years in high school and finally to PhD level. Finally I was contacted by Bernard Arnault (founder of LVMH). Luxury fashion is generally a family-owned company, so it’s unexpected, but it’s great to be part of a company that acquires a new brand – I’m naturally very interested in the world of fashion – beautiful products and beautiful people. It’s also interesting to understand the psychology of why people spend more on products they don’t need. “

Despite building a name and a career in fashion, Francois has been considering turning to technology and fitness for some time.

“I want something more meaningful. By chance, I was asked to join the board of directors of a biotech company, as an independent advisor, bringing my fancy skills as well as my scientific background to the table – they love the mix! We developed a product that went through FDA approval, and an IPO and finally sold the company in 2015. After that I wanted to use my experience around everything I have learned over 25 years to truly transform technology, health and wellness. industry.”

What’s unique about Cove is its ability to reduce stress and improve sleep, all without interrupting your daily routine – all of which are subjects close to the life of its founder.

“I always have trouble sleeping – not just because of jetlag! I always try to be healthy, I am a productive, competitive, but also anxious person. The health technology industry has traditionally been poor at marketing. Sometimes they love science and technology so much, they forget they sell to humans, so the idea that we could use non-invasive technology to modulate your nervous system and mimic something we call ‘affective touch’ to help in this area really appealed to me. – and that’s very helpful. ”

The company had a clear vision from the start, with a very good foresight for today’s emerging wearables and healthcare technology market. Feelmore Labs was born, and Francois left fashion to help create an entirely new category.

Although Cove was born out of science and research, tackling this new category – belief in product efficacy, as well as user experience is key.

“From the start I employed a very competent group of medical doctors, PhDs and neuroscientists. This field is very new, and mostly invasive – with electrodes implanted in the brain – not very consumer friendly. We look back at our early investor presentations and we are very consistent with what we ended up doing. The idea is to put out a credible, science-backed device and try to redefine the category – and that’s what we’ve been doing so far. We employ the same rigorous methodology, working closely with the FDA to make sure every box is ticked – everything we do has to be validated by science. ”

The pandemic has made health more of a focus at home, with people like Peloton clearly showing that many people are focused on helping themselves. Even though Francois and his team didn’t create Cove due to the recent pandemic, they had to overcome hurdles to launch it during times of global crisis.

“We have a 4 year development plan and of course we have problems with live testing. It is also difficult to build devices completely remotely with international suppliers. Lots of Skype calls, FedEx delivery, and late nights are required. Covid of course raises anxiety, but the need is always there. Since we hit the market a few months ago – it’s been very interesting to see our early adopters. We saw a lot of people. We see a lot of people focus on improving performance. This is of course at a very early stage, but we are seeing people aged 35 and over – slightly taller than the typical gadget buyer. We also see people who are curious about science – which we think is proof that our approach works. The basic proposition to use our device for 20 minutes per day and change your life will certainly require some convincing, but the fact that we can support it helps pay off. “

Cove’s marketing strategy is focused entirely on creating a community around their unique proposition and leveraging a data-driven scientific approach that learns from device users’ personal use to facilitate future growth.

“We could just decide to go to the market with a very purposeful tone about the use case, but we don’t want to do that – we want users to find it out for themselves. Some people like to use it in the morning before work to reduce anxiety. A lot of people use it before bed to aid sleep – that’s my use case. For some people, the word is used at times of known stressors to them – for example, public speaking. Fear that’s worse than death for some! The first step for us is to get enough tools across the country and then around the world to build up critical mass – we have big global ambitions to collect data and better understand possible use cases. We are using a number of feedback mechanisms to build more knowledge in the community and will continue to better share experiences and suggestions once we have enough tools around. “

Being an entrepreneur is clearly in Francois’s DNA – and it’s clear his company is only just getting started.

“Of all the things I’ve done in my life – and I’ve worked with so many amazing people – but by far, this is the most exciting thing I’ve ever done. I really like science. I think the technology available will lead what we do next – things will shrink to a smaller, slicker form factor. We also have other companies that are studying clinical applications of our technology for serious cases of insomnia and anxiety. My focus is results on making better people – it makes me better. I have less stress where I know I’ll snap in the past, and it’s a blessing, on average, to get me into better sleep patterns. To lead a team and help build something positive for the world is great fun for me. ”

It’s exciting to catch a glimpse into the world of major business leaders who have turned and taken on new challenges to foster an emerging category in a critical area such as health, which is driven by their own area of ​​interest. Marketing leaders can definitely apply the lesson here – be authentic and driven by clear, open goals to let your community of customers help shape your future strategy. It is an honor to speak with Francois for Forbes, and I will certainly watch his entrepreneurial journey develop with great interest in the years to come.


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New Zealand Small Businesses Get Returns Of Up To $ 12 For Every $ 1 They Invest In A Well-Being Program | Instant News

New economic research shows that well-being is worth the investment of a small business

a global small business platform, asking Kiwi small business owners to consider their wellbeing approaches and policies following new research showing the significant financial benefits of welfare initiatives.

Commissioned by Xero and conducted by the New Zealand Institute of Economic Research (NZIER), economic modeling shows for every dollar small business owners invest in organizational welfare initiatives for their staff, they can expect to see returns of up to 12x within the year.

Craig Hudson, Managing Director of Xero New Zealand and Pacific Islands, said small business is the engine room of Aotearoa’s economy and is responsible for 28% of New Zealand’s GDP, employing more than 630,000 people (about 29% of all New Zealand employees).

“When the Kiwi small business is successful, our entire country is also successful. “It is very encouraging to see the economy recover after the challenges of 2020. But now is the time for all small businesses to reset their long-term sustainable growth,” said Hudson.

“It’s time to check if you really take care of your people. Last year, COVID-19 pushed prosperity to the forefront for all of us and showed us the importance of caring for one another in the workplace.

“But we need to make sure that we stick to these benefits as a country. We now know for sure that welfare provides increased efficiency and productivity for businesses. To put it simply: If small businesses ignore welfare, they are wasting money, “said Hudson.

The return on investment in well-being is measured through an increase in staff productivity. Economic research analyzes two main areas for small business investment:

  1. Organizational welfare:
    • What: Create a culture of well-being in the workplace that supports the physical and mental health of staff.

For example, welfare education programs, mentoring support for mental health, and organizing special activities designed to improve staff well-being.

  • KING:
    NZIER research reveals investments in organizational welfare have an average return on investment of 5: 1, and up to 12: 1
  1. Employee Assistance Program (EAP):
    • What: Offer staff reactive assistance programs with professional counseling to assist them with their mental well-being.
    • KING:
      NZIER research reveals investments in employee assistance programs have an average return on investment of 3.6: 1, and up to 5: 1.

Craig Hudson says most of the return on investment for wellbeing comes from businesses avoiding the negative impact of having employees with poor well-being.

“By developing a workplace that focuses on wellbeing, we can proactively eliminate and tackle employee mental health problems before they become bigger productivity issues,” Hudson said.

“For example, our small business initiative
Check In has five steps to creating a well-being-focused workplace with an estimated return of 8.5: 1 – or $ 8.50 for every dollar invested.

“Simple things like getting together as a workplace to celebrate success in a more relaxed social environment or having one-on-one conversations with employees about their lives are small steps you can take to change your workplace culture to be more open and inclusive.

“Apart from being proactive with employee welfare, small businesses also benefit from providing reactive employee assistance programs such as professional counseling.

“On average, employee decision-making and productivity are negatively affected by poor mental health for about three months intermittent throughout the year if no one intervenes.

“Imagine what this would mean for the economy as a whole if people got involved with the program early in the episode, rather than waiting for it to hit a tipping point.

“Up to 900,000 Kiwis are eligible for counseling and support through Xero Assistance Program. So many small businesses don’t need to make the additional investment to start seeing benefits. “

About Xero

Xero is a cloud-based accounting software platform for small businesses with 2.45 million customers worldwide. Through Xero, small business owners and their advisors have access to real-time financial data anytime, anywhere and on any device. Xero offers an ecosystem of more than 800 third-party applications and 200 plus connections to banks and other financial partners. In 2020 and 2021, Xero is included in the Bloomberg Gender Equality Index and in 2020, Xero is recognized by IDC MarketScape as a leader in the valuation of SaaS financial and accounting application vendors and cloud-enabled small businesses worldwide.

© Scoop Media


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Three New Panelists Will Shape Air New Zealand’s Sustainability Agenda | Instant News

Air New Zealand has welcomed three new heavy hitters into it Sustainability Advisory Panel.

The airline has appointed Kohutapu Lodge & Tribal Tours Director Nadine Toe Toe, Non-Executive Director and Sustainability Advisor Sam Mostyn AO, and Sysdoc Chairman and Founder Katherine Corich to its Sustainability Advisory Panel.

The Panel was established in 2014 to work with Air New Zealand to improve and develop its sustainability strategy and propel the airline forward in the field of sustainable aviation.

Air New Zealand Chief Operational Safety and Integrity Officer Captain David Morgan is delighted to welcome the three new members to the Panel with their diverse backgrounds and expertise in transformational leadership, climate change, sustainable tourism, and cultural and community engagement.

“Expanding the Panel to bring in these highly experienced and talented members is key to keeping us focused on sustainability. While these 12 months have been an extremely challenging 12 months for Air New Zealand, we know how important it is to continue working to be more sustainable as an airline and as an industry. “

“A major part of our Kia Mau corporate strategy is Ambitious Actions on decarbonization and maintaining sustainability as Air New Zealand’s main focus. Our panels play an important role in shaping our sustainability agenda and ensuring airlines continue to have an impact in this area. “

“The three members add a wealth of sustainability knowledge and experience to an already very talented Panel, joined by Sir Jonathon Porritt (Chair), Dr Susanne Becken, and Professor Tim Jackson.”

Having joined the Panel since it started in 2014, Dame Anne Salmond decided to step down.

“Air New Zealand would like to say a special thanks to Dame Anne for her tremendous contribution to the Panel and the positive influence it has had in shaping Air New Zealand’s sustainability journey,” said Captain Morgan.

Panel Chair Sir Jonathon Porritt said he was pleased Air New Zealand would welcome three new members to the Sustainability Advisory Panel.

“This is an important time for airlines, facing all the dilemmas associated with the global pandemic, but knowing the Climate Emergency and other major sustainability challenges still need to be handled with greater enthusiasm and urgency.”

check https://www.airnewzealand.co.nz/sustainability-advisory-panel
for more information on the Panel and its members.

© Scoop Media


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