Category Archives: Business expert

The Business Partners That Founded TechStyle

Recently, the “Built In Los Angeles” website released an article about 3 CEO’s in LA that you should know about, and one of them was the CEO of TechStyle Fashion Group that includes brands like the famous JustFab and Fabletics that have been taking over the e-commerce market. His name is Adam Goldenberg, and he has a lot to teach about business decisions. He was recommended by Shawn Gold as “a highly lucid e-commerce visionary from the age of 17.”

The businessman began his career as founder and CEO of a gaming network called Gamer’s Alliance, Inc. Adam Goldenberg was also chief executive officer of the Intermix Media company after he sold the Gamer’s Alliance to them. He would later be the co-founder of a cosmetics agency, the Intelligent Beauty, that earned him a lot of recognition as the brand skyrocketed among the other fashion competitors in the market. The Intelligent Beauty tries to be innovative and uses high technology to release products for personal care.

Read more: TechStyle’s data-driven fashion – CNBC Video

Adam Goldenberg’s real gold pot would show up when he founded the TechStyle collection with his partner, Don Ressler. They both had a great idea in mind and decided to release a group of brands that would revolutionize the fashion world on the internet. One of the names that are included in the TechStyle group, the Fabletics, for example, was a hit in the fitness apparels industry, as they made buying clothes through the internet that much easier. Mentioned on hudl.com physical stores weren’t even necessary in the beginning, as they were making a huge profit just selling through Amazon and their official website. JustFab, on the other hand, focuses their products on more luxurious looks and target mainly the female customers.

In the mentioned article, Adam Goldenberg talks about the philosophies that he uses with his team. One of them is the complete transparency with his staff, sharing the actual numbers of what is currently happening with the sales and the market, to make sure everyone is in the same boat. This method builds a team that is fully integrated and participating in moving the company forward.

The other tip that he gives for more amateur businesspeople is the importance of being dedicated and nimble with your decisions. This allows for problems to be fixed as soon as they appear and keep the office running at its full potential.

Adam and Don admitted that both of them did not understand anything about fashion when they decided to create together the TechStyle, but both of them states that they had the clear vision of the immense potential in the market that no one was supplying.

Learn more about Adam Goldenberg: http://rgtadvisors.com/bio/adam-goldenberg/

Christopher Burch, the investment master

Having founded and cofounded many internationally recognized brands and investing in several others, Chris Burch is eyeing a whole new industry; hospitality.

In 2012, Burch partnered with another hotelier; James McBride and together they bought a hostel on an island in Indonesia. The two spent close to $ 30 million on renovations of the Inn and later in 2015 opened its doors as a five-star resort and named it Nihiwatu.

In 2016, Nihiwatu was voted the best hotel in the entire world by Travel+Leisure the name Nihiwatu means mortar stone and was named after a rock. The resort is located west Coast of Sumba Island.

 

During an interview with the business Jet Traveler in 2015, Mr. Burch said he purchased it for his children or as a place he hoped to preserve for the purposes of giving back to the society. When you get a beautiful home, you can do what you can’t be done anywhere else; construct a spa beneath a waterfall, visit places that no person has visited, etc

He continued to say he was equally surprised by how Nihiwatu had turned out a success which is rear as most of the times things out negative.

 

Mr. Burch divides his time between Miami, the Hamptons, and the resort in Indonesia. That is per the Wall Street Journal. Raja Mendaka, Chris Burch’s private home is among the 27 private villas found at Nihiwatu. The private villa also has four additional villas and a plunge pool.

 

The resort is the single most employer on the island. A certain percentage of the profit of the resort is channeled to the Sumba Foundation, a team that gives funds to projects carried out by the local community.

 

Christopher Burch is the CEO and founder of Burch Creative Capital.The Company operates on the philosophy that is guided by the values of Burch’s entrepreneurship and his sight of opportunities. His ability to imagine, incubate, innovate and create has enabled him to build brands that have positive effects on people’s lives.

Mr. Christopher has a solid background in different areas of business that include fashion, technology on top of being a realtor.

 

In his career that stretches to over four decades as an investor and entrepreneur, Christopher has been at the center of the rise of more than 50 companies. He has built a rapport and understood the behavior of consumers hence knows how to handle them.