Leadership, when handled properly, has the potential to influence the way people perceive. It encourages some to pursue the footsteps of others who have shown themselves that they are worthy of bringing progress in matters they are enthusiastic about. This develops the ever-changing topic that leadership is and the ripple impact it generates spreads and changes the life of numerous...
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As the popular saying goes, if something is too good to be true then it probably is. This perfectly sums up the life and career of Bernie Madoff. At a point, he was one of the most sought-after investment managers in America. The cookie however crumbled in 2008 when it was discovered that he had no genuine investment plan but...
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Mental Illness has for a long time had a stigma about it, in not only real life but how it is portrayed on screen. Finding Dory is a movie that gives us a glimpse into what it is like for people who suffer from anterograde amnesia, the daily struggles and emotions that are felt. We get to see the growth...
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Due to the high efficiency of Standard Oil (high quality and low prices), the company's share of the oil products market grew from 4% in 1870 to 25% in 1874 and to about 85 per cent in 1880. All these features characterized Standard Oil as a monopoly. Was John Rockefeller's plans to become a monopolist initially? Not really. His actions...
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Would anyone assume that a young man who grew up from humble beginnings in a small Jewish middle-class family be responsible for the largest Ponzi schemes in American history? A young Hofstra graduate with a bachelor's degree in Political Science and hopes and aspirations to work on Wall Street. Bernie Lawrence Madoff was born on April 29, 1938, in Queens,...
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One man about escaped from one of the biggest bank schemes in the world totaling a cash amount of $13.375 billion dollars (SIPA). The name, Bernie Madoff, was one of the most talked about person during 2008 to 2009. He was arrested in late 2008 just on, “a criminal complaint alleging one count of securities fraud” (The United States Department...
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The gilded age is a period from around 1875 to 1900 that was characterized as a time of wealth but also of greed and corruption. The word gilded means something that is covered in gold on the outside and the inside is cheap and inferior. This age is also known as the second industrial revolution where manufacturing and transporting goods...
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Professor David J. Teece explains that ‘dynamic capability’ is “the firm’s ability to integrate, build, and reconfigure internal and external competences to address rapidly changing environments”. The basic assumption of this framework is that core competencies should be used to modify short-term competitive positions that can be used to build long-term competitive advantage (David J. Teece). Ambidextrous organisations, such as...
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During the last quarter of the nineteenth century the US met a modern change or changes which would help it with turning into a significance force that is strong and should be treated with respect. A few elements blended to realize this financial change, including revelation of rich normal assets, populace development, settler work, new wellsprings of venture capital, entrepreneurship,...
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John D. Rockefeller was a man who went after what he wanted. It can be said he was an effective business leader based on the things he accomplished not only for himself, but the economy as well. John owned his own oil company and then went on to create opportunity for the economy by increasing advancements in gasoline, manufacturing, and...
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Daniel Yergin starts the section by saying: 'There was the matter of the missing $526.08.' This missing cash was in regards to a for-pay examine risk attempted by Benjamin Silliman, Jr. in the mission for additional salary. Silliman Jr. was hard up for money when money was difficult to get, and his educator's compensation was not meeting his needs. To...
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In 1855, Benjamin Silliman, Jr., a professor of chemistry, fumed when he did not receive payment for the report on 'rock oil' he had prepared for a group of investors led by George Bissel. The test ran by the chemist proved that they could distill a superior, economical fuel for lamps, while a different process could make it useful for...
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John Pierpont Morgan started his Wall Street vocation at age twenty as a clerk that was not paid at Duncan, Sherman, and Co., he was an investment back with close connections to his dad's firm, Peabody and Co. In 1871, he banded together with Anthony Drexel, a broker from Philadelphia, to establish Drexel, Morgan, and Co. More than a very...
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Introduction There are many in this world who are gifted, who excel beyond the rest. They are leaders, visionaries and pioneers. A mystic all-knowing confidence surrounds their image. Bernie Madoff was one of these people. He was one of the best traders in wall street, he was wall street. His consistent investment returns made him one of the best fund...
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The Bernie Madoff Ponzi scheme was the biggest of all time, so much so that he earned himself 150 years in prison. The Madoff Ponzi scheme was so big it captured the attention of the entire world. It rivaled OJ Simpson's case in attention which is no small feat. Bernie Madoff's last words before he was sent off to jail...
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The last of the red flags for Ponzi schemes are paperwork errors and trouble receiving your payments. If paperwork regarding your investment is filled with errors or misstatements it can mean that someone is trying to intentionally mislead you. If one is having trouble receiving his money from the investment manager, it could throw up a caution sign. This might...
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Abstract Bernie Madoff, who began his brokerage firm in 1960, was the mastermind who executed a historical the world’s largest and longest-lasting Ponzi scheme fraud of $50 billion through his investment company, Bernard L Madoff Investment Securities LLC, shocked the global economy. As per his modality of fraud, Madoff used investments to pay off his first investors, creating the appearance...
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When Peter Pan opened during 1953, it was an instant hit. Movie critics from all the different popular magazines and outlets gave the Disney produced movie phenomenal ratings. Peter Pan stands for magic. He is fun, fantasy, pirate-fighting, and adult-confounding, lost to civilization's straightjacket. Why could anything so innocent have been wrong? How dare we go after our childhood, the...
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Bernie Madoff pulled off one of the largest Ponzi schemes in history to date. Madoff figured out a way to get clients to invest money by providing false hopes of a profitable return on investment. This money then would cycle back through and he would use the money to pay existing clients when they wanted to take cash out but...
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I read Titan: The life of John D. Rockefeller Sr, a biography by Ron Chernow, and today I will share an important lesson I have realized through my reading of this work. Rockefeller was born on July 8, 1839, in Richford, New York, and moved to Cleveland, Ohio when he was fourteen. He was a pious baptist, the oldest of...
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Elon Reeve Musk FRS (born June 28, 1971) is a technology entrepreneur, investor, and engineer. He was born in Pretoria, South Africa. The interesting thing about Elon Musk is that he finished a degree in economics before he decided to study physics. He got into Stanford University but he dropped out days after because he wanted to become an entrepreneur....
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When most people hear that a story involves a princess they assume right away it is just going to be about some pretentious girl who is in trouble and cannot save herself. People believe you should not look up to Disney princesses because they are not healthy role models and teach kids that they need some prince to come along...
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Elon Musk Elon Musk is a South African entrepreneur and Business Leader. He is the Co-Founder of X.com which later became PayPal, The Boring Company, Zip2 and OpenAl. He is the CEO of Tesla, Co-founder, CEO of Neuralink and Chairman of SolarCity. (Baldwin, Kaufmann, Yoffie, 2018) He keeps challenging the process in order to solve as many problems as possible...
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Elon Musk’s Ideas for the Future Elon Musk has blown up in popularity this year for being the owner of the companies SpaceX, Tesla, Paypal, and many other famous companies. His main goal is to revolutionize transportation on Earth and even in space! With a net worth of 22 billion dollars, he is very important today. His approach to the...
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How can I change the world? This question is the most common question that at least each of us ask him-/herself once in this lifetime. This book is a boost of energy combined with mind-blowing decisions and examples to be followed for each of us. I have chosen this book because was an entrepreneur I want to discover the answer...
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Elon Reeve Musk was born on June 28, 1971 in Pretoria, Transvaal, South Africa to Maye Musk, a model and dietician from Regina, Saskatchewan, Canada and Errol Musk, a South African electromechanical engineer, pilot, and sailor. He holds South African, Canadian, and U.S. citizenship and is the founder, CEO, and lead designer of SpaceX; co-founder, CEO, and product architect of...
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Elon Musk is one of the biggest successful technology entrepreneurs. He has accomplished many achievements in his life. In 1983, he self-learned computer programming skills at 12; he sold and created a game code called Blastar. In 1994, he graduated with Bachelor of Science in Physics. In 1995, his first organization was Zip2. In 1999, he co-founded with his brother,...
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Elon Musk proposed the idea of a Hyperloop in 2012. A Hyperloop is a train system that is made of a capsule with low pressure tubes and it travels on a cushion of air at very high speeds. Because a Hyperloop can travel at high speeds, it can reduce the time it takes to arrive at a destination as well...
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Introduction For the Leadership analysis series, I choose the profile of Elon Musk, founder, CEO of SpaceX, Co-founder of Tesla, CEO of Neuralink, founder of the Boring company and also PayPal. (Ref-Elon Musk. (2019, July 19). Elon Musk is one of the pioneers of the world and a great human being. I already analyzed the many facts of Musk in...
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Dream big Only those who have thought to achieve big things can succeed to achieve big. In 1999, Elon Musk’s company Zip2 got acquired by Compaq Computers in 1999 for $307 million. In 2002, Musk alone made $180 million when eBay acquired PayPal. If we want to be successful in creating the life of our dreams we have to believe...
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