The Greatest Business Man Ever

Louis Chenevert clearly did a phenomenal job during his time at United Technologies Corporation as the chief executive officer. In 2009 he was granted a prestigious award by the National Building Museum. He was also given an honorary doctorate by his alma mater which was the HEC Montréal. He was named “Person of the Year” by two separate magazines. These magazines were Space Technology as well as Aviation Week. What exactly made him such a well-known businessman that was highly credentialed?

He earned the respect of the business world because of his successful run as the chief executive officer at United Technologies Corporation. Some of his achievements there are as follows. He was able to acquire three of the biggest companies to diversify the portfolio area of the first company he acquired was Pratt & Whitney. The second company he acquired was the longest running elevation company Otis. Lastly, he was able to acquire Goodrich for $16.3 billion. This would end up raising the stock prices from $37 a share two $117 a share. On top of this, the value of the business with skyrocket to $63 billion.

Forbes magazine is reporting that United Technologies Corporation has outpaced some of the most prestigious companies in the world. It was able to generate shareholder returns that were 100 times greater than any other business on the Dow Jones industrial or the S&P 500. This increase in net worth allowed them to increase the dividend payments which they have not missed in 77 years.

He was able to make United Technologies Corporation more conscious of the environment. He lowered the gas emissions by 26% and even got the products to consume 53% less water. This made him an ally to the environmental movement and acting as a liaison to Congress, he began encouraging other companies to follow suit.

He gave United Technologies Corporation military contracts the United States government and led the Sikorsky unit to produce high-quality helicopters. These decade-long contracts gave United Technologies Corporation consistent income so they could go into more risky ventures and make more money which they have done.

http://www.yachtingmagazine.com/louis-chenevert-horizon-yachts-P105-design

Shervin Pishevar Predicts Stars and Failures of The Economy

Shervin Pishevar’s understanding of economics is well known. He has a proven record of accomplishment to show with his purchases of companies such as Uber, Slack, and Dollar Shave Club. He recently sent out a Twitter barrage to discuss the recent economic failures, pending doom, and some shining lights at the end of the tunnel.

The good news is Shervin Pishevar sees some profitable companies and business models on the horizon. SpaceX is one, which works on very forward thinking aerospace transportation programs. Virgin Hyperloop, which Pishevar is one of the co-founders, is bridging out into new territory and will survive. Shervin Pishevar called these types of companies, “moonshots.”

The tweets refer to one of the most significant declines in the US stock market recently. The drop destroyed all of the profits of 2018, and he forewarns that all of 2017’s gain will be erased too. His prediction is gloomy. The market has the possibility of dropping 6000 points. Shervin Pishevar goes on to explain his theories.

Microsoft, Apple, Google, and Amazon are not big they are massive. One tactic they all use is to buyout emerging smaller companies and absorbing their technology or innovations. Pishevar states this business model will begin to crumble the bohemians. It’s hard to imagine a world without any of those companies, but it can and might actually happen.

Shervin Pishevar tweets about the US government bond market. The outdated means the central banks use to adjust the financial market is not sufficient anymore. The central banks could buy back bonds, but this trickery no longer will have any effect.

Young startups may change the face of business. These new stars can raise funds by crowdfunding. They also have the modern luxury of using different currencies. The two systems working together may open up many entrepreneurs and bring them to the big stage.

Shervin Pishevar envisions many disasters ahead, but there are a few moonshots and stars to watch out for.

https://www.theverge.com/2017/7/14/15960686/hyperloop-one-test-success-interview-giegel-pishevar