The Incredible Success Story of the Fast-Food Entrepreneur, Jimmy John Liautaud

The founder and chairman of Jimmy John’s sandwich fast-food restaurant, Jimmy John Liautaud, is today estimated to be worth more than$1.7 billion. The latest reports from his company revealed that it currently has more than 2,802 locations and $2 billion in sales.

Read more: Jimmy John Liautaud – Wikiquote

Despite being successful today, his life hasn’t always been like this. Recently, Jimmy decided to share insights into his life, growing up, and finding success as an entrepreneur with Forbes.

A Typical Day as the Head of Jimmy John’s

This food industry entrepreneur and business executive pointed out that apart from managerial duties, his typical days involve also being the taster-in-chief.

He pointed out that as one of the industry-leading companies in the fast-food sector, they also have to lead the way with innovations. Each day, Jimmy John Liautaud commits some of his time to taste the new items that the company plans to introduce to the menu.

On this particular interview day, he was tasting six types of cookies, deli meats, and potato chips alongside 10 kinds of sandwiches.

He started with the bread, and it passed both the aroma and taste expectations. Jimmy then moved on to taste new white chocolate chips to be used for cookies; his verdict was that they were terrible and needed lots of improvement.

Early Life And Becoming An Entrepreneur

Just like many other people, Jimmy John Liautaud had a tough upbringing. He was born of a Lithuanian mother who migrated to the U.S. at age 12 and worked as a teacher in an Illinois elementary school. His father was an army veteran who took up entrepreneurship and had to file for bankruptcy twice. This was when Jimmy was 8 and 12 years, and during these tough times, the family had to rely on powdered milk.

He graduated among the bottom in his class, but at this time, his father had found some success in his plastic molding business. Jimmy was passionate about pursuing entrepreneurship, and his father provided him with $25,000 seed money on the condition that he would join the army is the business did not work out in one year.

With the seed money at hand, this fast-food entrepreneur considered opening a hot dog stand, but that was too expensive. He went on to open a sub shop near Eastern Illinois University in 1983, some days after celebrating his 19th birthday. This was the first Jimmy Johns store, and he owned 52% of the company and his dad 48%.

Selling To Roark Capital

It was not long before Jimmy John’s became widely successful. In 2016, Jimmy John Liautaud decided to sell the majority shares in his company to help it grow even further.

He sold the majority shares to an Atlanta-based private equity firm, Roark Capital in a deal that valued the Jimmy John’s franchise at about $3 billion.

Read: Jimmy John Liautaud – Owner, Founder, Chairman @ Jimmy John’s Gourmet Sandwiches – Overview | Crunchbase

In this deal, Jimmy retained his managerial position and also 35% of the company. Neal Aronson, the CEO of Roark Capital, pointed out that working with Jimmy has been exciting, and he hoped that the partnership would be very fruitful.

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Why Smita Shah Is a Trailblazer

Business and community leader Smita Shah has always been a trailblazer. Ms.Shah’s illustrious career has spanned the technology, engineering, construction, and political sectors. For instance, according to Crain’s Chicago Business, Ms. Shah became the youngest person to serve as a delegate to the Democratic National Convention in 1996. Not long after leaving graduate school Ms. Shah decided to become an entrepreneur. When most young professionals complete their graduate studies they search for the certainty of a full-time job at a company that is run by someone else. However sometime after completing her graduate studies Ms. Shah decided to strike out on her own and start her own business. 

 

Ms. Shah attended the Massachusetts Institute of Technology in Boston, Massachusetts where she graduated with a Masters in Civil and Environmental Engineering. Sometime after completing her master’s degree Ms. Shah decided that she would launch her own engineering and construction company in the late 90s. Today the company that she started is known as SPAAN Tech, Inc. and boasts dozens of employees and millions of dollars in revenue. Not only is Ms. Shah a graduate of the Massachusetts Institute of Technology, but she has also attended the University of Oxford’s Said Business School as well as Northwestern University. These educational experiences no doubt prepared Ms. Shah to run a successful company and be an engaged member of Chicago’s civic and business communities. 

 

The milestones that Ms. Shah has reached as an engineering professional and executive in the construction industry illustrate her expansive business acumen. While Ms. Shah’s professional background shows her deep interest in mathematics and designs her interests outside of the boardroom paint a picture of an ambitious person who is invested in making Chicago be the best city that it can be. 

 

In the midst of her busy schedule running a construction and engineering firm Ms. Shah somehow always finds the time to give back to the various communities that she is part of. Ms. Shah lends her expertise to a local professional association that is known as the American Society of Civil Engineers. Ms. Shah helps to promote the American Society of Civil Engineers’ mission by playing a role in planning programs for the organization. Ms. Shah has also spent nearly two decades as part of the Chicago Sister Cities International Delhi Committee. She is currently the chairwoman of the Chicago Sister Cities International Delhi committee and in her capacity as Chairwoman has overseen the organization of the Legacy of Mahatma Gandhi Luncheon. Learn more: https://shiakapos.com/long-before-stem-was-chic-there-was-smita-shah/

 

The Legacy of Mahatma Gandhi Luncheon is an event that is organized to commemorate the world-changing work that Mahatma Gandhi did during his life as an activist committed to non-violence. The year 2019 marked the fifth time that the Legacy of Mahatma Gandhi Luncheon was held and the first time that the legendary activist Mahatma Gandhi had been granted his own holiday by the city of Chicago. During the event, Chicago Mayor Lori Lightfoot issued a proclamation that established the date of October 2nd as Mahatma Gandhi Day. Arguably the establishment of a day to commemorate Mahatma Gandhi’s life and legacy serves to both recognize Gandhi and the important contributions that people of Indian descent have made to the city of Chicago.

Connect with Smita on LinkedIn

The life and Career of Bhanu Choudhrie

The career of businessman and global investor Bhanu Choudhrie is not only interesting but inspiring to anyone who desires a similar life of entrepreneurship. Born in the middle of the 1900’s in Delhi, India, Choudhrie made sure to pursue his education, all the way up until he attended college in the United States, where he studied International Business. In 2000, he moved to the United Kingdom, specifically London, and only a bit later in 2002 did he launch his first business, C&C Alpha Group, formerly known as C&C Sons. While the company is based in London, it is international, with activity in India and the United States as well. However, the geographical locations of the company are not where the diversity ends. The company itself is a private equity firm, and oversees investments in many different areas financially, including aviation, real estate and health care. One reason they have been so successful is the wide array of tactics Bhanu Choudhrie uses to analyze economic trends and how to navigate about them.

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A bit more recently, in 2010, a subsidiary of C&C Alpha Group was founded, going by the name of Megalith Capital Management, and deals more specifically with real estate in the United States. Bhanu Choudhrie also has ties with other companies including Customers Bank, and the Atlantic Coast Financial Corporation.

The great success of Bhanu Choudhrie and company did not prevent further education, or giving back to the community. He continued study at Harvard Business School, and himself has said that as a businessman, it is also his job to “continue learning.” Additionally,Choudhrie makes time for volunteer work, playing an active role in many organizations, including that of the Path to Success, which mainly contributes to helping children in poverty in various areas. His genuine desire to help and care for others has also carried over to his career, as his company has been a sponsor of other organizations that focus on issues regarding human welfare. Read: https://teamengland.org/news/bhanu-choudhrie-to-chair-cge-business-advisory-board

Career achievements of Smita Shah

People respect engineers all over the world. Most students that pursue the course do not achieve much, particularly those that are never serious with their studies. The education they acquire form tutors is vital in helping them professionally as most of the details they learn in class relate to the work they ought to do in the outside. Besides, the industry demands a lot of practice. By taking part in construction activities, a learner can discover slight details that can make construction a problem. When one is passionate about knowledge, they have the chance to make the best engineers. Smita Shah learned skills from experts in the construction sectors as well as her teachers. Regardless of the high respect, she has in the industry, her attitude to people is never snobby or ignorant. 

Smita Shah is usually working most of her time. Though being an engineer is a bit demanding, the fact that she handless technical issues make her schedule always tight. She, however, plays most of her activities in the engineering sector. The more complex her work gets, the higher-earning potential she gets. The high returns associated with the industry help her live the best life. She uses the returns to make her knowledge better. Besides, she tries to be healthy by maintaining a lifestyle that her specialist in health recommends. According to Shah, good health and physical strength help human beings become productive. With a healthy body, she can visit the clients she has in different locations. She likes to meet them personally and know what services they like to get from her construction company. She does not prefer taking people through her services online, as she thinks it might be confusing to those involved. Through the meetings, she sets aside for her clients she gets to collect enough information on the nature of the client, their attitude as well as determination. The customers of the venture enjoy extra benefits like discounts and free deliveries for locations that are not far. Besides, they acquire advise on different issues like material analysis, so that they do not fail while selecting the construction materials they want to use for their investments. 

Smita Shah Chicago enjoys the prestige she receives from people outside the field of engineering. Besides, people in media houses perpetuate engineers as respectable individuals. Their perspective has influenced the lives of people in such professionals. Smita also is mostly invited to visit media houses and discuss construction based matters. She explains how engineering affects the economy, and she also outlines any problems that constructors experience. Her sharpness and composure enable her to narrow up the puzzle of individuals on engineering without confusing them. Learn more: https://www.prweb.com/releases/mayor_lori_lightfoot_joins_smita_shah_chair_of_the_sister_cities_of_chicago_delhi_committee_for_annual_lunch_and_proclaims_october_2nd_as_mahatma_gandhi_day_in_chicago/prweb16614875.htm

Besides, Smita Shah Chicago has an interest in empowerment. She is an excellent speaker that uses her experiences in life to give hope and determination to other people. She likes to mentor women that take courses that are never considered worth their try. Her agile nature helps her to shun troubles in her life and live positively. Shah always knows the people that wish the best for her life, and they are the only ones she likes to share her inner issues with, whenever it proves necessary.

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Alejandro Betancourt Lopez Understands The Importance Of Innovation

Innovation is a hugely important concept in the world of business. Those who understand this idea are bound to succeed. One person who knows what it means to be innovative is Alejandro Betancourt Lopez. Alejandro Betancourt Lopez has created a career that is centered around bringing this concept to life. To this end, he’s done all he can to take his educational background and show how the right preparation can ultimately yield impressive results. While a native of Venezuela, Alejandro Betancourt Lopez realized that an education in the United States would be an ideal course of action. He decided to enroll in Suffolk University. This admired university is located in Massachusetts. Here, he chose to pursue degrees in business administration and economics. In doing so, he quickly gained the kind of insights so crucial for those like him who wish to make their mark in the world of business. After finishing his degree, he decided that would be ideal to head back home and search for opportunity there.

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Becoming an Entrepreneur

Alejandro Betancourt Lopez got his start in the world of business while working in the oil industry. It was here that he realized he wanted to become an entrepreneur. It was also at this point that he realized that new technologies could be the key to creating the career he wanted. He began by expanding into the area of sustainable energy. This is one sector of the economy that he believes is truly poised for growth. Other fields have also captured his attention. He speaks of the need to engage in diversification. Diversification for Lopez is linked to the concept of innovation. For him, it’s all about bringing in new approaches even when it comes to working closely with already established business modes. This kind of understanding is a hallmark of his worldview and his work as an entrepreneur. It is the foundation of his ability to think outside of the box. As his career unfolds, it is also a concept he hopes others will follow along with and appreciate as much as he does.

Source: https://wikivisually.com/wiki/Alejandro_Betancourt_L%C3%B3pez

Kynect Takes Over as a New NRG Brand

Stream Sells to NRG: Rebrands as Kynect

In recent network marketing news, Dallas-based company Stream Energy has decided to sell its retail business to NRG. In turn, NRG is rebranding as Kynect and selling products under the Stream Energy name. The founder of Stream Energy, Rob Snyder was optimistic regarding the sale and feels that it’s beneficial for everyone involved.

The company recently moved into Ohio as a newly deregulated energy market, and it’s anticipated that Kynect will follow the same business model of direct selling to newly acquired territories. Natural gas, electric and renewable energy sources are the specialized products that Kynect will offer, and fringe products include protective services and wireless sales. Get Additional Information Here.

 

Renewable Energy Investment Offerings

Aside from offering a direct selling opportunity, Kynect will offer renewable energy as an investment strategy for their customers. Under the Stream Green branding, investors can dedicate a portion of their monthly utility bill as an upgrade to purchase renewable energy under the eco+ product. The company also places a seal to approve that renewable energy is “certified.” The energy purchase is used to help reduce the consumer’s carbon footprint as a conservation initiative by adding more renewable energy to the grid.

 

Other Kynect Products Currently Available

Aside from energy products and services, Kynect also promotes protection products to save their customers additional amounts of money each month. These products include web and phone-based medical services, identity protection, roadside assistance coverage and remote tech support services for PC owners. Wireless phones and plans are also sold through Kynect. See This Page for additional information.

 

Learn More About Kynect

Kynect offers many tools to show their customers how they’ll save by taking advantage of their services and business opportunities. An energy calculator, online quotes and videos are just a few of the many resources available. Those interested in learning more about Kynect can visit their website at https://wekynect.com/business.

 

 

MAGFAST Family Chargers Inventor And CEO Seymour Segnit

 

MAGFAST wireless chargers offer a charging experience that is quicker, easier and uncluttered, due to the fact that there are no cords or potentially tangled wires involved. They were designed to be powered by magnets, and can be used individually, or as a family.

 

There are several types of chargers that are part of the MAGFAST Family, such as LifeCharger, WallCharger and RoadCharger, just to name a few. This innovative invention, which belongs to advertising and marketing industry executive Seymour Segnit, was brought to the public in 2018 through a crowdfunding campaign that was used as a way to get the product manufactured so it could be put on the market. Get Additional Information Here.

 

Seymour Segnit came up with the idea for MAGFAST one day when he was trying to think of a way to make the charging process easier while eliminating the need for messy cables and wires. The chargers have power banks that have a self-storing and replaceable built-in cable, as well as USB outlets.

 

After the team of experts that launched the crowdfunding campaign were successful at raising the $300,000 that was needed to start production on the charging devices, Seymour Segnit expressed his gratitude for the support of the public for their monetary contributions, and for his start-up team, who he acknowledged as being committed to a great product that will improve people’s lives while also having a positive global impact.

 

Before becoming the founder of MAGFAST, Seymour Segnit worked at the global advertising, marketing and public relations agency Ogilvy and Mather, which is based in New York City, and at the London-based communications and advertising company Saatchi and Saatchi.

 

He was also a well-known radio personality at one of London’s largest radio stations. The executive and inventor attended Oxford University, where he studied Engineering. His MAGFAST Family chargers can be ordered directly from his company’s website. Refer to This Article for related information.

 

More about Segnit on https://www.entrepreneur.com/author/seymour-segnit

 

Seymour Segnit Launches Company To Revolutionize Wireless Charging

 

Seymour Segnit is a trained engineer who studied at Oxford University. He has worked in the marketing and advertising industry such as at Ogilvy & Mathers. He was also once a London-based radio personality. He is now an expert on internet marketing who came up with what he describes as the idea of his life.

He founded MAGFAST LLC which is a company that has a family of wireless charging devices. Like everyone with multiple mobile devices, he got sick of trying to hunt down where his chargers were. They’re also usually flimsy so they would break on him way too often. Seymore Segnit came up with wireless charging devices that attach to one another magnetically. This gets rid of all the cables.

His products are compatible with most mobile devices. His products use the Qi universal standard for wireless charging devices. This standard was introduced in 2008 and gave the world wireless charging capability. Many phone manufacturers use this standard in their devices including Apple and Samsung. Click Here for more information.

He founded MAGFAST in 2018. His goal is to revolutionize the wireless industry by getting rid of all cables and wires. Seymour Segnit has been frustrated himself by trying to find the ideal wireless charging solution and coming up empty. So, he invented it himself.

His company will have its family of products on the market towards the end of 2019. There will initially be four products. MAGFAST Air is a Qi-standard charger. It’s a stand that can either be placed on a table or magnetically snapped onto one of his company’s power banks. Refer to This Article for related information.

MAGFAST Road is his portable USB charger. MAGFAST Life Extreme is a supercharger powerful enough to jump-start a car. MAGFAST Walls are two power banks that can rapidly charge devices. A crowdfunding campaign is supporting the release of these products.

 

See also: https://www.crunchbase.com/person/seymour-segnit

 

The professional outlook of CEO Kevin Plank

Kevin Plank is widely-known as the CEO and founder of popular sportswear brand Under Armour. He is a graduate of the University of Maryland at College Park and has even donated money back in 2014 to the college with an amount of $25 million. The money was used to help contribute to build a new indoor football facility, gyms, and other sports facilities. Kevin Plank directed what he learned on the football field for helping achieve his dreams of becoming a successful entrepreneur. He believes that the lessons he learned on the football field directly translated to business ideas and lessons that he knows today. Plank wishes to give back to the community that molded him and help other upcoming students who want to make a difference. Plank was a football player at the University of Maryland and came up with the idea to create T-shirts that could lock in moisture and keep athletes from running around with drenched sweaty clothing. After graduating, he made it his mission to create stylish and high-quality clothing with his company Under Armour in 1996. Today, many athletes wear Under Armour clothing for its durability and special material for working out. Many popular NFL players wear the brands clothing. The CEO also owns his investment company named Plank Industries that is located in Baltimore, Maryland. It serves as the main headquarters of the businessman with investments in real estate, horse racing, and in many other food and service industries. Kevin Plank is known for his generous contribution towards students as he also donated $1 million to the Baltimore non-profit CollegeBound Foundation that helps graduate receive a college education, and more importantly, finish. Kevin Plank has his own philanthropy named The Cupid Foundation that donated the money on his behalf.

Learn More: http://investor.underarmour.com/directors/kevin-plank

Sharon Prince Gives Sustainable Development Goals

 

Sharon Prince is a founding member of Grace Farms Foundation. The privately-owned foundation was established in the year 2009. Prince spearheaded the farm to a public space that blends art, nature and architecture all in one platform. Since the introduction of Sharon Prince Grace Farm, people across various sectors have been able to convene and activate initiatives of the Foundation.

Sharon Prince commissioned SANAA, a Pritzker Prize winning firm in the year 2010 that designed the River building. Sharon Prince has been fully in the participation of Prince in the Miles Crown Hall Americas prize, upon its opening in 2015.

Grace Farm Foundation hosts Lectures, Concerts and nature tours among other services. The farm has a building that meanders down the hill like a river and that’s how it attained its name the River.

Sharon Prince Grace farm building is designed for lighting, optimal acoustics, and the sustainability of environmental factors. Sharon Prince Grace Farm has state of the art facilities that include Lecture hall, classrooms a rehearsal space that houses individuals in the community without necessarily making profits out of the space.

Prince has unmatched efforts against the fight to disrupt slavery against women on both local and global scale. Sharon has received an award NOMI Abolitionist award after a published report in 2016 after she co-hosted the United Nations in a convening that was titled Fighting Human Trafficking and Conflict. Go To This Page for additional information.

Sharon Prince Grace Farm has an upcoming project to campaign towards the end of modern slavery that is up to date under the Freedom Needs Fighters program, which she is a board member.

Recently SharonPrince Grace Farm partnered with Georgia government in support of transforming the economy and to include a regulatory exemplary to support transparency chains of supply to the commercial sector. In addition, Sharon Prince spearheads social justice initiatives.

 

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