The co-founder and president of the Highland Capital Management Group, James Dondero, stated that the company would be responding to the challenge grant from The Family Place by donating $1 million. According to James Dondero, the company has a responsibility to help the society, and the project of The Family Place would greatly improve the condition of families in Dallas. The Family Place tapped the assistance of the city government of Dallas and the local law enforcement to deliver the message to Dallas-based companies, asking them for support. The Family Place will be using the money donated by the companies to their Legacy Campaign, which allows the creation of an emergency shelter for those who are being abused physically at home. The funds will also be used to train professionals who would help the victims recover emotionally, mentally, and physically. The Family Place shared that Dallas-based companies immediately supplied their target fund, and they only need $2.8 million to complete the required fund for the project. The Highland Dallas Foundation, Inc., which is a philanthropic arm of the Highland Capital Management, is the one managing the donation given to The Family Place. Visit his website at jamesdondero.com.
According to the Dallas law enforcement agencies, there is a steady increase in the number of domestic violence incidents in the city. They had to work with the city government and The Family Place to put an end to domestic violence. They are supporting the proposal of The Family Place to build an emergency shelter within the city, and they also added that the shelter would also house various facilities needed for recovery. They are estimating that over 2,000 individuals would benefit from the project once the construction finishes. James Dondero is one of the most generous business owners after he signed the $1 million donations for the project. Read more about James Dondero on Bloomberg.com.
The Family Place was incorporated in 1978, and since then, they have been working hard to ensure that families in the United States would not be torn apart just because of domestic violence. They are counseling the involved parties, and if the issue is severe, that is the only time that the local enforcement will be involved.
In Organo Gold’s most recent video, Rod Smith presented his three key ingredients for business growth. The ingredients are your hook, your story, and your offer. Watch this video on Youtube.
Although the audio would sometimes cut out, Rod fills the video with compelling stories that make you wonder if he’s genuine or trying to sell you something. Of course he is trying to sell his financial advice, but he uses his methods of storytelling and persuasion well. I was intrigued by the stories and the advice, since he comes off as such a people person. Visit Orguniversity.com to know more. He says a picture is worth a thousand words when selling a product, and he couldn’t be more right. I never have confidence when buying a product if they don’t show me a clear picture of it. He suggested finding out what someone wants before you pitch them a product to avoid being an annoyance. He says you have nine seconds to catch someone with a hook, while complimenting them and getting them to open up. He was insistent that your Organo Gold product meets the promise you make to the customer. He said he would personally reimburse someone that he sold a product to, raising my view of him tremendously.
John Holt is the CEO of NexBank. He has been very successful at making company’s commercial banking sector lucrative. He was recently the panelist at the Texas Bankers Association’s 5th Annual Strategic Opportunities and M&A Conference. Participants at this conference look at ways banks can experience organic levels of growth. This is important because successful banks are usually pillars of the local community. Mr. Holt’s presentation looked at how community banking could be reinvigorated. Community banking has been dying in recent years due to a variety of different external forces that crush smaller banks.
Various recent regulations have forced these banks to reconsider how they can provide value to the communities they serve. Community banks are usually locally operated. They function differently from how a large banking firm may operate. Community banks are declining in number, but that is partially because some are merging into larger banking institutions. NexBank has its own line of credit services that it offers to community banks. These services offer competitive yields.
NexBank provides services related to commercial loans and mortgages. They offer their customers online banking options. The company currently holds $8.4 billion in assets. NexBank offers warehouse lending services. Warehouse loans may use inventories held in the warehouses as collateral. These are typically short term loans that allow the business to quickly cover overhead expenses.
NexBank also offers commercial loans. These are tailored around the needs of each customer. Some customers may want to secure a loan that has fixed payments. The business also originates SBA loans. SBA loans are guaranteed by the United States government. This allows NexBank to originate loans with flexible interest rates. NexBank also offers real estate advisory services. Their experts assess property values. They find new ways for customers to maximize the value of their real estate investment.
Believe it or not, Grand Rapids was not always the wonderful place that it is today. This is not to say that it was a terrible place to live, but it was just different. However, it has always been the home of Betsy and Dick DeVos, and they wanted to make sure that this place remained as special as it possibly could.
Back in 1991 the couple saw that Grand Rapids wanted to build in a multi-sports facility that would feature any number of activities held within it. The downside to this as the DeVos family saw it was that it could end up like similar facilities before it in places like Detroit. They thought that at the end of the day it could mean more issues for their hometown. That is why Dick DeVos immediately started to dial up those that he knew in order to try to lobby against the idea.
A lot of people will pick up the phone call when Dick Devos calls saying that he wants something done. This is because he is a billionaire. A lot of people want to hear him out, and they all know of his influence in politics and business in general. As it happened, Dick and Betsy DeVos would win on this issue and the multi-sports facility would not be built in Grand Rapids. Instead, the couple donated money to have several other buildings put up in Grand Rapids that they felt were a better fit for their city.
The lessons that they learned from what happened with the sports facility were things that stuck with them for a very long time. They started to realize that if they could win on something like that, then there was almost nothing that they could not win on. They have continued to fight for the causes that they believe in.
Charter schools have been a big issue for the couple to fight for. Betsy DeVos in particular has been known to pursue this particular issue. Given that she is now the Secretary of Education, it is a lot easier for her to make changes to the system that directly go towards making charter schools a greater likelihood in all different parts of the country.
Dick DeVos continues to work on the particular projects that he finds to be worthwhile and of interest to him. He also continues to donate a lot of his wealth to worthwhile causes. That is something important to note as a lot of people are under the false impression that these two keep their funds to themselves. That is not the case.
The people of Grand Rapids have had plenty of experiences with the DeVos family and the generous nature that they have in general. They can tell you for a fact that these two always share the wealth as it were so long as the cause with which they are sharing it is a worthwhile one in their own estimation. At the same time, expect them to get into a dogfight if they have to for a cause they believe in.
Visit http://www.dbdvfoundation.org/about to learn more.