Category Archives: Finance

Marc Beer and His Managerial Skills

Being a manager takes courage determination and astute leadership skills. Attaining a managerial position, however, is nothing; the real achievement lies in the ability to maintain the position for a period of time. This is the story of Marc Beer, the chairman, co-founder, and Chief executive of Renovia Inc. over the last 25 years that he has been a manager in biotechnology, pharmaceutical and diagnostic industries, Beer has amassed a great wealth of experience.

The hallmark of Beer’s managerial career was when he was appointed the CEO of ViaCell in 2000. ViaCell is a revolutionary biotechnology firm with a special focus on collection, development and preservation of the umbilical cord’s blood stem cells. Beer, through his exemplary leadership skill, saw the company grow from its humble beginnings to well over 300 employees.

Apart from his role at ViaCell, he also doubles up as the founding chairman of the Good Start Genetics Compensation Committee. His unique skill sets have seen him become one of the most sought after gurus in the industry. He credits all these to talent, hard work and teamwork. Learn more: https://ideamensch.com/marc-beer/

Asked about how Renovia came to be, Beer reckons that it all started through a phone call he got from a renowned 70-year old gynecologist. Having seen how the gynecologist was determined to see women avoid going to surgery, he got inspired to start up his own cause. He is a firm believer in people and advises those seeking to get into the healthcare industry to learn how to gain from others and seek guidance and direction.

Beer notes that Renovia has managed to weather the storms thanks to the great teamwork that happened at the company. He ensures that he hires the best minds and would still offer guidance to those who need it to become the best they can be.

Despite the tremendous success that Beer has achieved thus far at Renovia, he is yet to relent in his quest to make the lives of others better. He regularly invests in new technologies to ensure that they are ahead of time. With this, he hopes to leave a great legacy for generations to come.

LumeN XT Names Marc Beer Chairman Of The Board

Marc Beer has been a leading figure in the MedTech world for over two decades. During that time, he’s had an impact on quite a few different businesses, helping guide many of them through multiple growth phases. This had led to the majority of them being put on the path to profitability. Because of this experience, he’s been seen as an innovative leader in the industry with a considerable success rate; this had also led to his skills and expertise being in high-demand. It’s now been announced that Beer will be joining LumeN XT as its Chairman of the Board, with both sides noting how beneficial this will be going forward.

 

Speaking about joining the company, Marc Beer has noted how dedicated the engineers and medical professionals have been in developing products at the company. Since being founded, LumeN XT has begun fostering a reputation for its unique and innovative products. The majority of this has been focused on illuminated surgical instruments, which has been increasingly in-demand over the past few years. This has chiefly been because the tools offer a safer, more reliable way to perform surgeries. Furthermore, it’s also been noted that the tools have been able to improve surgical precision, low-cost disposable options, and safety. In LumeNXT’s case, this has been through a proprietary heat reduction mechanism.

 

With the company still in its early stages, Marc Beer now looks to help the company capitalize on a growing market. When announcing that he had joined LumeNXT’s board as Chairman, Beer noted that the tools would be increasingly important over the next few years. This is especially true as more medical professionals and patients look toward less invasive techniques. Paul Rhyne, Co-Founder of LumeN XT, noted that Marc Beer would be a valuable asset to the business moving forward. This has primarily been because of his experience taking similar businesses through a few notable growth phases. As such, it’s believed that he’ll bring this to the company to help it be further seen as an innovative leader in the niche.

 

With over two decades of experience in the MedTech and biotechnology industry, Marc Beer has worked with a variety of different companies. One of the most notable of these has been Renovia Inc, which he founded in 2016. Since then, the company has become increasingly known for its proprietary products and technology. The majority of these have been aimed at improving the diagnostic and treatment options for a variety of pelvic floor disorders, such as urinary incontinence. Despite being only three years old, Renovia Inc has continued to grow in leaps and bounds, releasing a number of products over that time. The company’s success has also helped to further advance Marc Beer’s reputation in the industry. Learn more: https://ideamensch.com/marc-beer/

 

Marc Beer contribution to development of pharmaceutical industry

Marc Beer is an experienced business person with more than 25 years of running business and leadership. He is a significant play in innovative products and services in the pharmaceutical industry. Marc founded Renovia in August of 2016 whose primary focus was to offer modern treatment and diagnosis to millions of women suffering from pelvic disorders. The company combines digital health and cutting-edge sensor technologies to provide services to its clients.

Before starting Renovia, Marc beer worked as Chief Executive Officer at ViaCell a well-established biotechnology.The company deals with blood stem cells research. While at the ViaCell, the company experienced tremendous growth in its operations and revenue.

Marc Beer while serving as the CEO of ViaCell, he was in the management board of Erytech Pharma, a leading bio pharmaceutical firm .In addition Marc significantly helped in pioneering the global commercialization and development of medical products that treat rare diseases while serving as the Vice President of Global Marketing.

Beer is credited as founding chairman of Minerva Neurosciences Inc, Minerva is a clinical-stage biopharmaceutical company that develops products to treat central nervous system diseases.

Marc Beer accomplishment as seen him appointed, as the chairman of the board of LumeNXT Inc. LumeNX which is a privately owned company focus on the development of an efficient surgical illumination product line for minimally invasive surgeries. Marc brings on board his many years of achievement of development and commercialization in pharmaceuticals, devices, diagnostics, and biotechnology. Speaking during the appointment, Mark Beer expressed his appreciation for the new role and opportunity to work with a team of engineers and surgeons at LumeNXT.He applauds the steps that LumeN XT has achieved in developing proprietary technology in doing surgery. ,” said Marc Beer “I believe the importance of the LumeN XT platform will expand as more surgeries will be done with minimally invasive approaches.

 

Paul Rhyne, Co-Founder of LumeN XT, said that Marc has demonstrated a high level of success in the multiple starts up that he has a guide from small companies to big multinationals. Rhyne noted that Beer would be of great value to the company as the company undertakes massive growth in the medical field. Learn more: https://www.crunchbase.com/person/marc-beer

 

James River Capital CEO Paul Saunders Addresses Employee

Mental “burnout” is a condition that results from prolonged and excessive stress. In the workplace mental burnout adversely affects employee and employer alike. James River Capital CEO Paul Saunders recognizes the importance of identifying and managing employee burnout.

 

Burnout Indicators

 

An employee developing and sustaining a negative attitude towards their work can be symptomatic of burnout according to Saunders. If a capable employee begins constantly doubting themselves suspect burnout. Be mindful of a once ambitious employee suddenly losing their motivation.

 

Causes of Burnout

 

Something as simple as acknowledging a job well done can counter burnout. Without positive reinforcement, staff can begin to feel unappreciated or doubt the quality of their work.

 

Avoid asking more of employees than they can reasonably deliver. Make sure that employees have the skill set to successfully complete the assignments they are given. Paul Saunders offers these tips to prevent burnout.

 

Flexibility

 

Give staff members a greater sense of control and more input. At the start of the workday allow employees 10 or 15 minutes to plan their own workday. This includes setting their own goals.

 

To whatever degree it is feasible employees should be allowed to set their own schedule. Make company policies more employee friendly. Ask for the staff’s input regarding company policies they feel are too rigid or counter-productive.

 

Honesty

 

It is frustrating for employees to think that they are trapped in a dead end job. If a staffer asks why they are not getting a promotion or a raise give them an honest answer. Paul Saunders advises that staff should be treated like partners rather than subordinates.

 

Controlling Stress

 

To help staff members avoid burnout an employer must be proactive. Make stress management classes available to employees. Make employees aware of lifestyle choices that help reduce stress.

 

  • Hobbies

 

  • Adequate sleep

 

  • Exercise

 

Exercise not only reduces stress a precursor to burnout it also has a positive effect on staffers’ self-confidence and overall attitude.

 

Bolster Employees’ Self-Confidence

 

The role that a lack of self-confidence plays in causing mental burnout cannot be overemphasized. Stress can be the result of an employer placing unreasonable demands on employees. Stress can also result from employees placing unreasonable demands on themselves. Employers should take the time to help staffers set realistic workplace goals for themselves.

 

James River Capital

 

An SEC-registered investment advisor Virginia based James River Capital began operating as the alternative investment arm of the securities firm Kidder, Peabody, and Company. Paul Saunders and Kevin Brandt acquired James River in 1995. That same year Saunders and Brandt began operating James River Capital as an independent company. Learn more: https://www.brightscope.com/financial-planning/firm/70804/James-River-Capital-Corp/

Paul Mampilly Reveals Two Of The Biggest Changes That Have Taken Place In The Stock Investing World

Paul Mampilly has been able to reach many people through his collaboration with Banyan Hill Publishing in recent years. As the editor of Profits Unlimited, he educates his readers about upcoming investment opportunities in the stock market. He also likes to warn his readers when he sees trouble brewing in the market and has been able to save lots of money for many people. Paul Mampilly received his MBA while attending Fordham University, and he was able to secure a job with Bankers Trust after this. He started out his professional career as an assistant portfolio manager but quickly moved up to work with ING and Deutsche Bank. Kinetics Asset Management decided to hire Mampilly on after this, and he helped to grow the firm’s hedge fund into one worth $25 billion.

He soon began to grow weary of earning money for people who already had plenty of it and decided to leave Wall Street. Today, Paul Mampilly writes for an audience of more than 90,000 people who are subscribers to his financial newsletter. He now focuses on keeping track of all of the happenings in the stock market for regular, everyday people. He has admitted in recent interviews that he spends a lot of his time reading and that he spends a lot of the rest of his time tracking stocks. Paul Mampilly has noticed that computers have really changed the stock market. When he was managing a successful hedge fund, humans were the ones doing most of the trading.

Today, trading robots and artificial intelligence is doing most of the trading, and this puts regular investors at a disadvantage. He has admitted that this has altered the market because most investors are using some kind of software or computer program to help them out. Paul Mampilly has also noticed that ETFs have replaced the function of mutual funds. They have very low fees associated with them and offer investors good passive investment opportunities. The flipside of this is that ETFs have made it more difficult to track what stock managers are doing. Mampilly advice investors to be aware of the fact that many companies are now able to focus on growth versus profits, and this is continuing to change the game. Click here.

James River Capital Leader Paul Saunders Has A Wealth Of Experience In Tackling The Issue Of Burnout

As the founder of respected investment firm James River Capital, Paul Saunders is an individual who possesses a deep knowledge of the business world. One thing that he has picked up over his many years of experience is a deep understanding of how to manage employees in a manner that promotes overall success for your business enterprise. Due to his impressive accomplishments in founding James River Capital, Paul Saunders is certainly an individual who people listen to when he presents advice on how to better manage a business operation. One of the areas that Paul Saunders has talked about recently is the issue of employee burnout. Being able to avoid this issue is certainly one reason why Paul has achieved such great success as the leader of James River Capital. He has some truly insightful thoughts on how an employer can avoid having employees that suffer from the issues caused by burnout. Learn more: http://jrccblog.net/

 

The easiest way to describe what exactly is meant by the term burnout, it simply means exhaustion of either a physical or emotional nature or both that is experienced by employees. It tends to be caused when employees are worked too hard or have an overload of stress placed on them. Burnout can cause major problems for an employer that includes a loss of productivity that will inevitably cut into the employers bottom line and profitability. As an employer, if you notice issues such as a change in attitude or a lack of confidence, you might have an employee that is suffering from burnout. This can lead to an overall lack of motivation out of that employee. This often comes when employees are not made to feel that they are appreciated as members of the team.

 

James River Capital founder Paul Saunders recommends that employers should try to cultivate a workplace atmosphere where employees feel like they are being treated fairly. Ensuring that workplace policies have some level of flexibility is one of the main ways this can be accomplished. It is also necessary as an employer that you are transparent in your dealings with your employees. This can have a massive effect on helping to avoid burnout in employees.

 

Paul Saunders made James River Capital into an independently operating alternative investment firm in 1995. The company continues to cultivate success today by utilizing a practice of traditional investments that have a diversified nature. This has been an outstanding formula for building up an impressive portfolio at James River Capital.

“Paul Saunders of James River Capital Corp talks About Burnout “

We can all agree that work is really stressful. But, when you combine the stress with the toll of one’s personal life, it could result in burnout. And, we all know what burnout can do to our lives. Therefore, it is very important that we pay attention to the warning signs and symptoms of burnout and take action so that we can control its ill effects and still enable motivation to do some alterations so we can get back on the right track. With this, let us underline some of the effective ways that Paul Saunders of James River Capital suggests to handle or overcome the signs and symptoms of burnout.

Symptoms of Burnout and How to Combat Them

Loss of Control

Employees that begin to lose grip in aspects like time management and scheduling unavoidably start to feel hopelessness and helplessness and could run the risk of burnout.it is therefore crucial that employees must exist in an environment that does not have policies and structures that are not flexible. This setting can make them feel imprisoned or trapped. It is important that you inspire employees to take at least 10 to 15 minutes every day to make a summary or to do list of the things that they would like to accomplish for that day in order for them to recover a sense of control for the day.

Lack of Transparency

There are times when employees feel that their efforts go unnoticed especially if they are gunning for a promotion. Also, there are several instances that they feel like they are not getting the truthful issue from the people upstairs. Or, they experience situations where they run the higher potential of experiencing negative feelings.

These instances are trigger points that indicate that your employees are just an inch away from experiencing burnout. According to Paul Saunders of James River Capital Corp, immediate superiors must ensure that there is an open and direct line of communication with their subordinates in terms of talking about decisions and offering rational clarifications.

It is very helpful if you, as a superior, allow them to go to workshops and other resources so employees could prevent themselves from experiencing burnout.

Change in Attitude

When your employees are suffering from high-level stress, their emotions can be hard to control and it is easier to make them upset or mad in just a matter of several moments. It is important to note that burnout is one of the major factors that contribute to the employee’s burnout. This goes with negativity as well as total lack of motivation. It is crucial that you talk to your employees and provide them with the support that they need. You can also suggest that your employees enroll in a new hobby and inspire them to stop doing work, especially after office hours.

Loss of Confidence

It is worth noting that when employees are suffering from burnout, they most likely start doubting themselves as well as the relevance of their work. If in case your employee feels that he is not going to efficiently do his job, they tend to remove himself from the picture and do not actively participate in the available task. To get out of this kind of situation, it is important that you spare some of your time and check with your employees to set for several rational personal targets to help them recover their confidence. You can also set achievable goals to help your employees get back on the right track, suggests Paul Saunders. Learn more: https://www.linkedin.com/company/james-river-capital-corp

 

“Founder of James River Capital, Paul Saunders, on Employee Burnout and How to Address It “

Those working in finance and investment are no strangers to a demanding workload and the inevitable stress that follows, but few have the decades of experience that Paul Saunders has. Founding James River Capital, taking on dual roles as Principal and portfolio manager, Saunders knows what it takes to excel in this line of work, and can identify when it all gets to be too much.

 

For Saunders, burnout isn’t something that manifests out of nowhere. To an observant manager or supervisor, there are clear signs that what’s being expected of an employee is getting to be too much for them to handle. Fortunately, there are steps one can take to address that exhaustion and keep those working under them from crashing and burning.

 

One of the first signs that an employee is getting overwhelmed is feeling that there simply aren’t enough hours in the day. When daily tasks seem to exceed the hours in the workday, and a supervisor takes an inflexible position, that employee’s performance can only decline in quality and output. In this case, Saunders urges managers to start off the workday by setting daily goals that are within reason. This can restore a sense of control to the employee and lead them to be more productive.

 

This will require those in a supervisory position to more open to communication and being more transparent with their staff. Employees who apply for a promotion or expecting a raise may become frustrated when their career isn’t evolving in they expected. When this occurs, Saunders says that it’s the responsibility of the supervisor or manager to let employees know why they aren’t advancing professionally and where their work could use improvement. This will help employees develop a more realistic view of how they factor into the office, and in certain cases improve to meet their personal goals. Learn more: https://www.behance.net/jamesrivercc

 

The objective is to restore confidence to an employee so that they don’t impact the productivity of the whole office, and in some cases to make that office more productive than before. This may not work for every employee. Saunders notes that it may be necessary for supervisors to dedicate one-on-one consultation with certain employees who lack confidence in the work they produce. By setting small tasks for them to meet, leading to equally small victories, employees can claw their way back to contributing meaningfully to collective projects.

 

While Saunders’ advice comes from experience in investment and finance, it’s become endemic in Western culture. He points to mobile devices as a big factor in that. What was once a convenient way to communicate important information to employees away from the office has become a way to keep them on the clock indefinitely. When there is no longer a separation between work and home, Saunders says it’s just a matter of time before burnout sets in, and their coworkers may not be far behind.

 

A Look IntoAgera Energy, A NY-Based Energy Supplier

Offering energy supply, efficiency solutions, electricity, and natural gas, Agera Energy is far more than a one-trick pony. Founded in 2014, Agera Energy is touted as an efficient energy provider. Rapidly approaching their fifth anniversary, Agera Energy’s armed millions of individuals with satisfactory energy solutions.

About Agera Energy maintains that they eclipse the competition by focusing on more than just rates. In fact, Agera Energy puts a premium on best customer service. By taking this responsibility seriously, Agera Energy aims to spark a difference.

Since its inception, Agera Energy’s comprised a savvy team of salespeople, marketers, and innovators. Together, this dynamic expert group intends to deliver an unprecedented level of premier business. As Agera Energy continues to evolve, they’ll no doubt amass an ever stronger and more loyal following.

 

“Marc Beer, the CEO of Renovia Leds in Raising of $42 Million For Supporting Women Health “

Marc Beer is the CEO, chairman, and co-founder of Renovia Inc. which was established in August 2016. The Company is involved in developing numerous diagnostic and relaxing products to treat pelvic base disorders like urinary incontinence which approximately affects 250 million women globally. Marc was a graduate of Miami University in Ohio. He happens to possess more than 25 years’ experience as a manager in the pharmaceutical, biotechnology, diagnostic and device industries. A good example is OvaScience Company where he worked as a strategic consultant. Despite being such a busy man, he always makes time for his wife and three children. Speaking of Renovia, They have a new product called Leva which was sanctioned in April the previous year. Marc says that he developed the idea of taking the initiative to look for a solution for pelvic floor disorder from a gynecologist called Dr. Ray Iglesias. Marc is also the founding chairman of the directors’ board, the compensation committee, chairman to the Good Start Genetics Compensation committee (GSGCC) plus a member of Minerva Neurosciences INC Audit committee –MNIAC and also a Business Advisory Council –BAC of Miami University.

 

The Longwood Fund, an investment firm dedicated to health care joined hands with Renovia to advance and test four more therapeutic and diagnostic products including a new cohort of the Leva device. Marc beer Renovia’s CEO commented that “combining our innovative and proprietary sensor technologies and form factors with a digital health platform will give our customers valuable data to inform new treatment options, drive greater knowledge and understanding of pelvic floor disorders and ultimately lower long-term healthcare costs. Recently, it raised $42 million to improve the health of Boston Women. The money will go to product development pipeline and future business launches. Funding in Renovia mostly occurred in its Series A whereby the technology was got from another company. The series B is where Longwood re-instated into Renovia which was led by Ascension Ventures of Missouri and perceptive advisors of New York. It is important to note that the pelvic training product is designed to help women in performing strengthening exercises which is essential. This project will surely save a lot of lives. Learn more: https://www.businesswire.com/news/home/20180821005199/en/Renovia-Completes-42.3-Million-Series-Financing