Author: info@fortunescrown

  • China’s First Solar-Powered Car, a Zero-Emission Level 4 Autonomous Vehicle

    China’s First Solar-Powered Car, a Zero-Emission Level 4 Autonomous Vehicle

    As other businesses across the world get closer to providing scaled manufacturing of solar EVs, a multi-organizational collaborative effort in China has advanced sustainable mobility by developing a solar car that is powered by solar energy. The Tianjin solar vehicle is now available. At the sixth World Intelligence Conference, the Tianjin Solar vehicle was introduced in China and has since begun a tour of mainland China. The vehicle was collaboratively created by 42 enterprises and three colleges, following the local press in China. There are several limitations because it took five months to create, such as the 47-mile maximum tested range.

    Solar-powered automobiles of the World

    Gaining range from the enormous, flaming ball of gas that descends on us every day seems like a no-brainer and many of the EV firms attempting to accomplish the same feel the same way. The second effort by Aptera to commercialize a solar electric vehicle (EV) in California is still scheduled for later this year.

    Light year recently debuted the production model of the Light year 0 SEV abroad; manufacturing will also start later this year. For its flagship Sion EV, scheduled for production in 2023, Sono Motors is in the process of developing a validation prototype in Germany.

    Tianjin’s portrayal

    The sixth World Intelligence Conference served as the Tianjin solar vehicle’s premiere, and it has since begun a fresh tour of mainland China.

    Specifications

    For instance, it is claimed that the Tianjin solar car can “Level 4 and above” of autonomous driving. This vehicle’s solar module size is 8.1 square meters, much larger than that of a SEV like the Light-year, and it has 5 square meters worth of cells, which is a lot. The first 100% solar car from China has the following additional details:

    The car in the video is more than 13 feet (4 meters) in length, over six feet (1.7 meters) in width, and six feet (1.8 meters) in height. It weighs 2,250 pounds (1,020 kg).

    The driver’s compartment is located upfront and minimally comprised of three controls underneath a large touchscreen display. Since the vehicle is purportedly equipped with Level 4 autonomous driving, which is well seen in the brief video, a steering wheel is conspicuously absent from the scene.

    • Speed

    According to reports, the automobile can go at a top speed of 49 mph (79.2 kph), which is respectable for a vehicle that will probably be utilized in urban settings.

    Although not very exciting specifications compared to a solar EV or any other EV, these figures are nonetheless fairly good given that they are fully powered by solar energy. To put it mildly, that is thrilling.

    The Sun is the Engine

    The solar module on the automobile has a far larger surface area than any prior solar vehicle, measuring 87 square feet (8.1 square meters). It has a maximum energy production of 7.6 kWh on sunny days. Also included in the vehicle’s setup is a battery with a 330 WH/kg energy storage density.

    For every 62 miles (100 km) traveled, using this vehicle is predicted to minimize carbon emissions by 55 pounds (100 lb). However, this has a 47-mile maximum tested range (74.8 km).

    With the solar-powered automobile presently on tour in China, we hope to hear more about it shortly.

  • Nick Zamucen: Helping People Restore Properties to Pre-Loss Condition

    Nick Zamucen: Helping People Restore Properties to Pre-Loss Condition

    There is nothing closer than your own home, it is a gift you earn and give yourself. It becomes a box of memories of precious moments. Unfortunately, sometimes due to some inevitable disasters people lose their houses beyond restoration. But there are state-of-the-art ways to restore the house environment to its prime historical period.

    Nick Zamucen, CEO of Best Option Restoration, is committed to helping those in need after a disaster and returning their homes to their original condition. Recently, Mr. Zamucen is being interviewed to share his experience of restoring happiness in society. Let’s have a look!

    Please tell us about your professional background. Would you like to mention some of the highlights from your journey?

    I have created four nationally recognized franchised brands. Three of which have been previously sold to private equity companies and now my focus is to build and sell the last one, Best Option Restoration, over the course of the next decade.

    I live my life with the want and need to help others. Adding massive value to those around me is my passion. I live to be a good leader, a great friend, and an outstanding business mentor for my franchisees.

    Please brief us in detail about the current scenario of the business. How have the customer preferences changed over the years?

    The franchised restoration industry has never been in a hotter market. With Billions of dollars in claims being paid monthly from insurance companies, prospective franchise owners want in. Who could blame them? Best Option Restoration is in a fantastic position with its low cost of entry, state-of-the-art thermal drying systems and a management team second to none. We win and will continue to win in this crowded field. This is the industry to be in to build a life-changing business and a substantial income for years to come.

    What are the unique challenges your company is currently facing? How have they affected your company?

    The challenges we’ve had are actually rather opportunities. We continue to have a ton of new franchisee interest in our company. The hardest thing for us at a corporate level is keeping up with demand. We can only take on many units a month and having to put people on a waiting list isn’t fun for anyone. Most stay on the list and wait their turn, a few we lose to competition because they make a side deal and get in for a lesser price somewhere else. I find in business and life, you get what you pay for. Be very careful making deals with companies and devaluing your position.

    When was Best Option Restoration established? What are the prominent services/solutions offered by the company?

    Best Option Restoration was established in 2016. We offer Water mitigation, Fire rebuilds, Mold termination, Storm Damage, and Content Cleaning solutions for home and business owners. We’re escalating at our best, hence our name, Best Option Restoration.

    What measures do you incorporate to ensure motivation and productivity within the workspace? How do you respond to criticism and disagreements?

    We treat everyone like family. Sometimes you’re all on the same page and everyone is happy, sometimes you’re not. The important thing is, not that everyone always gets what they want, but they feel heard, understood, and respected. There will always be criticisms around and negative feedback. All you can do is try to mitigate that as much as possible but always do the best things for the clients. In our case, the clients are our franchisees. Put them first and always do what is right, you can’t go wrong.

    Everything takes more time than you think it will and problems are going to happen. People tend to think working for yourself is the ultimate freedom, and it can be after it’s earned. Working for yourself is not normally harder and longer hours than you’ve ever had before. You have to stay disciplined, driven, and self-started… every day, not just when you feel like it.

    What measures do you undertake to ensure optimum customer satisfaction? How much impact does the customer feedback have on the company’s strategies?

    With our clients being our franchisees, it’s pretty simple to ensure satisfaction because we are in communication with them weekly if not daily. Again, we are a family, we’re a close group. There are many times a franchise will reach out to me just to say hi, ask how I’m doing, and how is my family. This means the world to me because I know they care and in turn, they feel comfortable enough with me to be personal. I know I’m doing my job when my franchises are friends, like family, not just unit numbers.

    Please tell us about the services/products your company is offering? How are they different from your competitors’ offerings? 

    With our propriety thermal technology drying systems, we are state of the art. We aren’t just another, “man with a fan in a van” like our competition. Best Option Restoration franchises dry structures in literally half the time of anyone else out there. There is truly no comparison to what we do. There are some copycats in the field we noticed lately. I look at that as once again I’m doing my job, I’m changing an old tired industry and bringing it into the new century. A century of technology and focused strategy. We are better because we practice being so. We’re just the “Best Option” in a mitigation and restoration situation.

    Tips for aspirants

    Problems are going to arise, just out of nowhere, so you must learn to deal with them effectively and quickly. You can’t just ignore problems and think someone else will handle them, not when you’re a business owner, it’s on you…success and failure. The choice is yours.

  • How the Age of the Second Brain Can Destroy the First?

    How the Age of the Second Brain Can Destroy the First?

    How many of you are harry potter fans? In the story, Dumbledore had a magical vessel he used to store and review memories. It was called the pencil. This is obviously a fictional story set in a school of magic. But today we have something like this in the real world, it’s called the second brain.

    The second brain is a digital brain that can be used to document every piece of information, every experience, every thought, and every learning. You can access all of this whenever and wherever you want.

    What does a second brain look like?

    Nothing too sci-fi or magical, a second brain looks like a word document backed up in the cloud. How much does it cost? Most second brains are free and some cost as little as $8 a month.

    The second brain has been developed on the hypothesis that a human brain is meant to have ideas not to store those ideas. So the second brain can do the job of storing. It will store everything from your thoughts to your screenshots, your grocery list, your notes, photos, passwords, reminders, and all other things you can think of.

    How does this work?

    The second brain works through apps like Notion, Evernote, One Note, Obsidian, and Mem, all of them work in the same way. They expect every bit of information you come across, everything that you think your brain cannot hold. Shopping lists, quotes, or reminders, you don’t even have to type them down, you can simply voice record and send. If you are reading something interesting online for instance you can email the relevant paragraphs to your second brain. If you have a fleeting thought you can make a quick note of it.

    Basically, every time you come across something that grabs your attention you log, in whatever form. Screenshots, photos, excel sheets, slides from a PowerPoint presentation, lines from an e-book, excerpts from online articles, and then you can access all this information whenever you want.

    Say years later you want to write an essay or prepare an address on federalism. All you need to do is go to your second brain and type in the keywords, everything that you uploaded on the topic will be in front of you. If you’ve uploaded a grocery list you can retrieve it the next time you go shopping.

    Advocates of the second brain say the system helps in knowledge management, it increases creativity and the theory is pretty interesting. It’s almost like having your own little library in the cloud.

    So is this the future?

    Well more like the present, believe it or not, all of us already have a second brain. All the apps that we use double up as a second brain. You know the ones that remind you to drink water or to stretch at home. Even breathe, apps tell you to stand up and breathe. They remind you to buy bread on the way back home. Apps remind you what you are doing 10 years back in the month of June. Gigabyte after gigabyte of content from your life is spread across these apps.

    Do you remember what was the storage capacity of the first iPhone? 16 gigabytes (GB)! Today, an iPhone’s memory can be expanded up to 1TB, that’s one terabyte full of information from your day-to-day life.

    What second brain apps do is replace all these apps with one, a notepad that doubles up as your library, your gallery, your reminder, your password keeper, your bookmark, your logbook, basically everything. It’s all cataloged! Some apps take it a step up they use time and location data to remind you of information/memories that you may have uploaded but forgotten. For instance, you go to a restaurant, the app will tell you that you came here 3 years back and this is what you ordered, this is who you came with and this is what you thought of the experience back then, obviously provided you’ve logged all of that.

    But who does that, who documents so much information from their daily life? Actually, most of us do! We are continuously uploading stories, we are tweeting every fleeting thought, and blogging experience. Second brain app stores this content.

    Quick question. Can’t we store the same information offline?

    Of course, we can. We can keep notes, we can keep files. Previously, we had a filing cabinet. Once upon a time, every office would have such cabinets but filing and then searching for that file takes a lot of time. A digital brain is more convenient.

    But do we really need one? Some of us can barely handle one brain. Jokes apart, science disagrees with the very high hypothesis of the second brain. It says our brain can store information, in fact, it can store 2.5 petabytes of information. It’s enough to store 3 million hours of TV shows. You have to leave the TV running for 300 years to use up all that brain space. In other words, we don’t have to worry about running out of brain space in our lifetime.

    So why do we need a second brain at all?

    These apps handicap us. They make us unnecessarily dependent on technology. Today, at least 20 million people are using a second brain. Some are leaning on them for making life decisions.

    There is a very interesting story in an article. Annie, a 27-year-old in New York City began taking notes on her dating life. For Annie, the notion love tracker functions almost like an alternate memory which, once or twice, helped her clarify the amorphous gut feeling she was experiencing. “Once, after a first date I remember thinking this guy is so much fun but he seems really immature,” Annie says. Then on the third date with him, she was enjoying herself but began to feel a bit uneasy like “something was eating at me that I could not put a finger on,” she said. So she went home and consulted her notion love tracker; there, in her neatly organized tables, she found that she had noticed immaturity from the very beginning. She stopped seeing him.

    The question is, did she really need an app to tell her this? She was supposed to remember that piece of information without help from an app.

    The problem is not with the capacity of brain but our shrinking attention span. The reason why most of us forget information or names is that we are not paying enough attention to them in the first place. We are preoccupied all the time and mostly it’s with our phones.

    A second brain only worsens this condition. It expects you to frantically document, to go through life that person in the courthouse who is documenting every word being said. What would you rather do? Log the thoughts that cross your mind when you’re sitting by the sea or let the chain of thoughts flow as you absorb the beautiful sunset.

    We humans are more than what we document. Also, we humans evolve with time. So storing those thoughts can be a waste of time, both in the human brain space and the second brain space. Our brain functions in the most amazing way, it ensures we only remember what’s relevant. Our brain prioritizes clarity over clutter, our brain grows and it wants us to grow. What we need to do is pay more attention to things happening around us and you’ll be amazed by the kind of memory the human brain is blessed with.

    So back to the question, do we really need a second brain? A little medicine reminder or a grocery reminder may help us balance our daily lives better but beyond that, the human brain is good enough.

    ………………………………………………………………………………………………………………Fun fact: A human brain can store 2.5 petabytes of information, enough to store 3 million hours of TV shows.

  • Esther Riveroll: Transforming Data Governance in the Digital Age

    Esther Riveroll: Transforming Data Governance in the Digital Age

    A sports lover, trained for a cross country marathon of 45Kms, and passionate about mathematics to keep challenging her brain, Esther at a very young age realized that she was born to be a leader. After graduating high school, she cracked a position at IBM where her path in technology began. She sees failure as learning and an opportunity to do things differently, it is just that you are preparing yourself to grow.

    Big data analytics, artificial intelligence (AI), and machine learning are transforming economies and innovation on a revolutionary scale. They have great economic potential. Indeed, some have already hailed data as “the new oil.” This may be an imperfect analogy, but it does capture the excitement and high expectations surrounding the data-driven economy. The prospect of extracting lucrative insights from rapidly growing pools of data is galvanizing entrepreneurs and investors in all sectors of industry.

    Esther Riveroll, Founder and CEO at Alldatum Business, brings a sophisticated capacity to collect, organize, control, and commercialize stores of data and intellectual property to help businesses with data governance. She accompanies them on their path to a successful digital transformation getting value on their data, as well as responding to the challenges presented by the digital economy and data management initiatives.

    Please tell us about your educational/professional background. Who inspired you to become a business leader? Would you like to mention some of the highlights from your journey?

    When I was 18, I studied at the “Colegio de Bachilleres”, a high school in Mexico that gives you a technical specialty and mine was accounting.

    This school did not have a direct pass to the government universities and my parents did not have the money to pay me for a private university, so I took the exam at UNAM Public school and I was not selected. There were students from another high school who had a direct pass and the career I had chosen which was “Applied Mathematics and Computing” was fashionable, I was not fortunate enough to be chosen.

    I had to work in the meantime in the Collective Transport System (Metro) for a year. There I realized that I did not want to be an administrative assistant, that I wanted to be a leader of something, and also with everything I saw, I realized that I wanted to help create a better world.

    After that year I took the exam again and now I was accepted. I taught aerobics classes daily (3 hours) to help my family. I loved sports, I trained for a Mexico – Cuernavaca cross country marathon (45 KMS) and that was my passion. I loved exercise so much that my friend from college was upset with me because I was always doing homework at the last moment. At that time, I wanted to put in a gym and I loved to make people happy through exercise and music which is also my passion.

    In this process, I had a car accident that stopped for a while the opportunity to continue teaching classes and that was where I received the message that my mission was not teaching aerobics, that I had to start to focus more on my professional career and that was when I tried harder in the University.

    I love mathematics, to challenge my brain to solve problems, the more difficult I like it and that also I was passionate about. When I was finishing school I wanted to work in a company that was the IT biggest Company, where I could learn more and be challenged. That’s where I found out back then that it was IBM and a friend’s sister took my resume to IBM. I went on a scholarship and that’s where my path in technology began.

    Since I was at school I always had the opportunity to be a leader. I was a group leader in secondary school for the 3 years in a row, and I loved it because I have the firm conviction that being a leader you can train and help people, and create high-potential teams.

    My first position as a manager was when I thought I was ready, I asked my manager at IBM what do I have to do to become a manager and he assigned me goals that I met and they gave me a management position. I learned that if you want something you need to ask for it.

    There is a lot of responsibility in being a leader because you become an example and inspiration for others, but if you do it well, you can create opportunities and a better world.

    When was Alldatum Business established? What are the prominent services/solutions offered by the company?

    Alldatum Business is a proudly Mexican company created in 2016. Our passion is to deliver and help customers derive value from their information and collaborate with them on their data strategy.

    Headquartered in Mexico City, Alldatum brings value to customers by being a business partner that accompanies them on their path to a successful digital transformation getting value on their data, as well as responding to the challenges presented by the digital economy and data management initiatives.

    We help companies to obtain the best information from their systems, and the vision of the data they don’t have today but need for future growth. create value with this data and thus share this data to the lines of business and the analytical area to make better decisions. We transform the data into wisdom for the companies.     

    Data projects are not only technological projects. Many customers need help to understand all about the data and the best strategy to get value from it. Sometimes their first pain is on the silos and integration of their information, sometimes they do not have the data they need, sometimes they had internal political situations that are difficult to manage, and the owners do not want to share the data, the data is poor on quality, and many other situations.

    Data projects are business projects, it is not only to buy a platform is to collaborate with the customer on understanding where they are on their Data management components strategy and create a plan with them to gain quick wins and value and move forward to become a “Data-Driven Company.” It involves IT and business professionals inside the customer. It takes time and effort but it is worth it.

    Data projects involve, people, analyzing current and future roles, understanding what is not working as a best practice and what is working, communicating very well the aspirations, and making the company a conscience that having the right data is not the responsibility of IT, but the whole company, all are part of it. And we help our customers with all these strategies.

    I believe that if customers can gain value from their data and with that, they can improve their processes, sell more, reduce operating costs, and be more successful, then they will have the need to grow and then we can participate backstage in the opportunity of creating new job opportunities for my Mexican or the countries we work people.

    Please tell us about the services/products your company is offering? How are they different from your competitors’ offerings?

    I have created my own methodology to meet the needs of our clients’ data strategies. Over time, having studied, read several authors, and reviewed various methodologies we have realized that sometimes there is confusion between even the concepts of the things we want to do.

    Then we start by understanding perfectly what our clients need to be successful in their projects and how we can get the value of information.

    Some of our services are:

    • Data integration solutions.

    • Data Quality solutions.

    • Data Management Consultancy.

    • Data Governance. Help customers with their Data Processes, Roles, principles, data regulations, and change management. When you implement a data strategy there is a component for success, and it is that people are open to doing things differently.

    • We help customers with their Master Data Management Strategies and gain value on their multidomain data strategy.

    • Catalog, Metadata, and Lineage.

    • Big Data Strategies.

    • Cybersecurity.

    • Analytics.

    We differentiate ourselves from our competitors by the attitude of each of our “Alldaters” to always work with excellence. We are very proud of our team. 

    We respond with speed to the requirements of our clients, we invest and show them through real Proofs of Concept (it is like a real small project), which would be the result of doing the project with us. Not only do we show the PowerPoint with the proposed solution, but we demonstrate it live so that they have a small sample of what the project will be.

    We are always willing to negotiate on a win-win and invest whatever it takes for our clients to get what we both agree on in the projects and that this positively impacts their companies.

    We firmly believe that by helping our clients with their data strategies, we are supporting their growth and with this, we can even generate new specialized employment opportunities and help the economy of the countries we are working with thus we can also collaborate socially in creating Job opportunities.

    Please brief us in detail about the current scenario of the business. How have the customer preferences changed over the years?

    In technology, everything changes every year. It’s awesome and you never get bored. In the past, it was very defined what was the specialty of each technology company. Today companies have diversified their portfolio, new products, start-ups, solutions, and innovations appear all the time. It is an industry in which you never get bored and to continue growing you must always be up to date and never stop studying, reading, and learning.

    When Alldatum started everybody was looking for a “Big Data” strategy, a year later the booz word was “Data Governance”, recently “The digital transformation”, now we all talk about the “Metaverse”, the “analytic”, disruptive solutions that in the past it was thought that we could not access.

    Technology had become in a certain way a commodity. Customers are looking for real team members, companies that not only sell technology but that accompany them throughout the process of their strategies like real partners.

    What are the unique challenges your company is currently facing? How have they affected your company?

    The great challenge that I currently believe that all companies are facing is the lack of skill in the new solutions. The new reality after the pandemic changed the way we do business, it is not the same anymore. We all learned a lot and the way we do business has changed.

    On the one hand, the pandemic accelerated the digital transformation of many companies towards collaboration wherever we were through digital solutions such as zoom, teams, Webex, etc.

    Now you can hire people from anywhere where you find the right profile and pay through applications like Deel which are innovative solutions that allow you to contract employees around the world.

    On the other hand, your competition and customers are no longer only in your country, so you must differentiate yourself, innovate, be up to date and focus on making your customers happy because now the world is more connected than ever.

    What measures do you incorporate to ensure motivation and productivity within the workspace? How do you respond to criticism and disagreements?

     I am convinced that motivation comes when you feel happy and productive with the activity you are performing when you feel that you are valued and that your contributions are taken into account.

    As I mentioned earlier, there is no skill in the market for everything new in processes and technology that is emerging, so we are creating our own talents.

    The people who join Alldatum go through an initial interview, two technical interviews, a final interview that is the most important where we seek to know if this candidate has the culture, and attitude and could make a fit for Alldatum culture, in addition to the psychometric exams to evaluate their competencies.

    Hence we are training people where we see that they have their greatest potential and we give them all the tools to learn and feel valued. Each member of Alldatum is a team member and everyone supports each other.

    We are digitalized, we use several platforms for collaboration and teamwork and performance like the Slack platform to keep us in constant communication during this digital era, Monday that helps us to be very productive and collaborative in projects. We have just implemented a Human Resources tool and as they say we “Walk the talk” as we help companies on their digital transformation, we embrace all kinds of technology that helps us be more productive and successful.

    We want all “Alldaters “ (as we call our employees) to feel like part of one big family. We care about each of our employees and their professional development and we know they feel it when a person feels valued, motivation and productivity come by themselves.

    Like all people when I receive a criticism it makes me uncomfortable, I am a very normal human being, but I think that everyone has an opinion and although I do not like it I always think about whether that criticism has a point that I am not seeing and that could be valuable to take into account to improve.

    I think that when everyone thinks the same then one is thinking for everyone, then it seems perfect to me to agree to disagree because it is what generates ideas and options to innovate. You have to have the maturity only to understand and accept criticism and when someone does not agree with us.

    What measures do you undertake to ensure optimum customer satisfaction? How much impact does the customer feedback have on the company’s strategies?

    Our slogan “The Human Side of Technology” is really our point of view about who are we. So when we are developing a project, what we promote in our “Alldaters” are all of our values including honesty, confidentiality, excellence, and customer service.

    The feedback of our customers is very important and we must take it into account to improve and grow.

    In all the growth strategies we have, we consider several things: The first is that the only constant thing today is change and we have to be willing to listen and change, move as fast as the market is asking us and be constantly innovative. Maybe take hard decisions, but take them on time.

    Receive not only feedback from our customers but see their concerns, requirements, trends in their industries, and competition and with this make decisions towards our strategies.

    To win a customer when you don’t have a large company backing you up as its employee like IBM for example requires more effort to gain customer trust through referrals and a good reputation. Through having happy clients who are willing to reference your work.

    Nowadays mouth to mouth recommendation like in the past continues, only now it is through social networks and digitalization, so having happy customers is the basis to continue positioning yourself and winning the market. A good referral can do a lot for you, as well as a bad reference, can make you miss many opportunities.

    The most important thing is that at Aldlatum our philosophy never fails to meet the expectations of our clients. We care about the customers but we also care a lot about the success of the people of our clients who are trusting us in their projects.

    Therefore, every feedback received from our clients is very valuable to adjust and improve in each project. We protect them.

    Are you planning to launch any new products/services or advancements to your existing offerings? If so, we would like to know about it.

    All the time. My mind is never static. We are always seeing how to innovate, that there is new around and the trends to incorporate them and give value.

    There is something that we are working on and it is to create a social care company. I am certain that with all these ways of digitalization and digital transformation, there will be many people who will be marginalized digitally. There will be the supersonic families and the Flinstones families.

    Two types of people are going to be separated, those who have the ability to have a mobile phone and a computer and have the technical knowledge to use them and those who do not and those who do not understand technology.

    We are forming a civil association that can support this marginalized segment with courses, and access to computers, the internet, and cell phones. Everything is being digitized, e-commerce, banking, and studies.

    This idea arose because when I hired a second internet for our home during the pandemic, the man who went to install the internet at my house asked me to sell him a cell phone that he saw on the table of my house. I asked him why? and he told me that he had three children and that he left his cell phone to his wife so that one of them could take the digital classes that were taught at that time and on television in Mexico. We gave him the cell phone, but I realized how many families do not even have a mobile phone to be part of this path to digitalization and that was when we decided that we have to do something about it.

    Tips for aspirants

    You have to be passionate and work on what makes you happy because you will need a lot of strength for the times when things do not go as you want. When you lose or things do seem not to be working do not take it as a failure but as a learning and an opportunity to do things differently, it is just that you are preparing yourself to grow. That you must have patience, because everything happens at the best time and above all, you do not allow anyone to tell you that you can not do what you are fighting for, always you can if you have the confidence in yourself, a plan, the passion to surpass any obstacle and the certainty that is what you want.

  • Maxim Behar: An Incredible Man Who Overcame Adversity With Creativity, Ethics, and Responsibilities

    Maxim Behar: An Incredible Man Who Overcame Adversity With Creativity, Ethics, and Responsibilities

    The whole business world including the communication business is currently witnessing the total change of everything – from sales to communications to industrial production. For a couple of years, we have been observing a very dynamic and fast merging of the three main elements of the public communications business – advertising, public relations, and digital. It is so obvious that they will unify and work as a new business soon but for now, there is a constant dispute for leadership. 

    The advertising industry claims to be the winner as they own media shops and creators, and so the digital experts as their leadership abilities allow them to create applications, tabs, and software. However, the CEO & Founder of M3 Communications Group, Inc., Maxim Behar strongly feels that Public Relations experts and managers will be the leader of the future big, merged business. The thought that supports this concrete belief is quite simple, they are the “Kings of Content.” They are the masters of words and visions and in the modern world, wisdom comes from social media content.

    The Visionary CEO

    Maxim Behar has done graduation in the Executive Program on Leadership Decision Making from Harvard Kennedy School and now, he is pursuing a Ph.D. in Global Public Relations Changes at Sofia University. His first graduation was from Prague University on International Economic Relations. As learning was/is his passion, he collected many degrees from Universities across the world including The Pacific Institute in Seattle, USA. At his initial stage, he started working as a machinery worker in a plant that was based in Sofia. After graduation, he worked as a journalist for 15 years and then launched one of the first private daily newspapers in Bulgaria – Standard News. Even with so much success, he decided to resign from the post of Managing Editor remembering what Sir Winston Churchill said, “you can achieve a lot with the journalism, but you should know exactly when to quit.”

    When Maxim was in high school, he ever since wanted to be a brilliant journalist. Even when he decided to quit this job the next logical step that came into his conscious was to upgrade his journalistic knowledge. Although jumped into Public Relations, he did not realize that it’s nothing but pure unique business surrounded by creativity, ethics, and responsibilities.

    About 27 years ago, Maxim from proudly launching a one-man-show company in a one-room rented apartment of a friend to owning a leading Public Relations and Social Media company, is streaming like water; partnered with one of the largest international US-based PR corporations, Hill+Knowlton Strategies with hundreds of clients from all over the world. With great projects come great challenges every single day, and that’s what Maxim loves to invest his life for.

    A Trusted Service Provider

    M3 Communications Group, Inc. was established in 1994. After 6 years Maxim Behar met the Executive Vice President of Hill+Knowlton Strategies, late Terence Billing, who turned out to be his teacher, mentor, partner, and of course, best friend. Through the journey, they witnessed failures and successes, and last but not least they emerged as a modern and successful corporation – a leading PR company in Central and Eastern Europe.

    Today, we provide the full range of public communications services – public, governmental and media relations, social media management, event and conventions, graphic design, web creations, and project management. We create a unique package for each of our clients ensuring the top-notch quality of our services. We also provide services such as social media development, content management, creating visuals, and more which keeps updating every week. With 35 clients on a retainer fee and at least double the number per project, we are available 24/7 for our clients that makes us ideal for crisis management, employers branding, and corporate communications.

    We serve what customers deserve i.e; increasing sales, better branding, and media presence. We believe in transparency that gives us the confidence to deliver exact reports back to the clients. Also, social media in addition to providing information targets messages properly. The most important aspect that affects us is ‘outcomes’ and to match those we focus on being creative, innovative, proactive, and knowledgeable. In the process, we pull out preparation for every post. We ensure every word, every picture should be catchy and effective on social media.

    Achievements To Appreciate

    Maxim Behar was twice awarded the Best PR Consultant in the world by Stevie Awards. Recently, PR Week announced him the Best Global PR Consultant. With more than 100 international business and leadership awards and books that top on Amazon, Maxim is proudly elected as an Advisory Board Member of one of the largest European Universities – Engage.eu, Germany. It is a privilege for him to be on the Board of the World PR Museum in New York City. In 2017, he was inducted into the Global PR Hall of Fame in London as the first-ever East European expert. The greatest achievement in life is his children, family, and the excellent M3 Communications Group family.

    PR’s Absolute Best

    Customer preferences are like seasons, they keep changing. Of course, this affects how clients emphasize themselves on social media and the reason is quite clear – these interactive technologies are fully measurable ever since the very beginning of the Guttenberg Press Machine. Social media is exponentially succeeding against traditional media only because clients can optimize their messages to certain target groups, and in minutes can analyze too. Clients have become sensitive and quick towards creative involvement and decision-making. This practice brings a big boost to our business – one who can take fast decisions and can communicate successfully will win, the others will be out of the business.

    We cannot deny the fact that customer feedback is crucial, however, we try to prove our point of view that our experts are devoted only to making their experience rich. “Zoom lockdown times” made our life a bit convenient which we appreciate through meeting clients and discussing tons of ideas. But also, we do not celebrate our self-esteem instead we delve into convincing clients that sooner or later their success with us will speak.

    Opinion About Media Bribery

    In my opinion, the concept of media bribery almost disappeared a decade ago. Nowadays, the world worries less and less. Social media is glorifying modern business and fading out the traditional media day by day. Since the very beginning of M3 Communications Group, Inc. we adopted the values of professionalism and integrity. Our experts are sensitive towards clients and their needs, which kept us reliable and relevant for a long period. However, the way social media is expanding may bring risks of fake news and unwanted disturbing elements that can create skepticism among readers. We are confident that these worries are repulsive to our business as we are completely transparent to our clients. Everything transparent is ethical!

    Looking Beyond

    The COVID-19 pandemic has affected almost all businesses over the world. Home-based offices brought a somewhat alienated business environment, leadership rules, and management styles. We did not have any expectations that everything we had before 2020 will be changed and should not expect to be back in the same position. The crisis has tested our endurance and we molded according to the required environment. This sudden change for sure made us stronger and much better PR experts. We have learned lessons for good that made us help many clients to accommodate better and faster in the new business environment. We had arranged successful conversations among their teams and stakeholders which resulted in them taking their decisions properly and on time. As we had already mastered crisis management for decades, we had the advantage to tackle the challenges with ease. It just took us a week or two to organize ourselves and analyze the scenario. Soon we were able to take the right management decisions and start consulting clients.

    The more the market is developed, the more corporations develop their marketing and PR needs, hence responsibilities will be much bigger. For instance, in my latest book ‘The Morning After,’ written during the COVID-19 pandemic, I have described the dramatic changes that happened in the management style and obligations of the CEOs. In my opinion, a CEO should be more of a leader than a manager. Nowadays, people involve themselves as a leader in their working environment, hoping for a horizontal structure where employees, experts, and consultants can understand their responsibilities.

    Decades ago, Late Konrad Hilton was asked, what is important for a hotel to be successful?, to which he answered, “Just three important things: location, location, location…” If I am asked, what is important for a business project or corporation to be successful? I will answer in the same style: communications, communications, communications. For instance, 5G for sure will bring a sea of opportunities from developing not only faster communications but also witnessing changes that have never been seen before. From the Internet of Things (IoT) to mobile services, humanity will evolve and so will the business world.

    The Success Mantra For Entrepreneurs

    The business of Public Relations is so vast that the services themselves will develop into another name. We will try to remain trustworthy by providing services in real-time, live, immediate, transparent, and exact. What we are currently involved in is the preparation for our evolution in business – the Era or Real-time Video Communications on all possible levels. It will require us to increase skilled and updated teams who will be prepared with better knowledge.

    The success mantra that works for every industry is 3S: Speed, Simplicity, Self-Confidence. By following just these three words can create magic for the people doing business. Speed is significant – taking decisions quickly but effectively. Either it is answering emails, learning new things, keeping deadlines, talking sense to the right people, raising salaries or firing people who do not fit the team, or motivating people. Simplicity is delightful – making priorities for business or personal life, what are the important things, what to read, what rules to follow, or what are the to-do lists. Self Confidence – a person cannot be successful unless he/she has self-confidence. Not being brave and not ready to take risks invites unpleasant circumstances that can push your life into misery.

    And be sure that crisis periods are the best time to cook your success as you can easily overcome obstacles which you will never have during other times. These obstacles are making us stronger and more successful.

  • Kelly Bagla: Forging Roadmaps, Building Businesses

    Kelly Bagla: Forging Roadmaps, Building Businesses

    Kelly is a bestselling Author, an Inventor, winner of 2020 and 2021 Lawyers of Distinction, winner of 2020 Legal Awards for Best International M&A Law Firm USA and Corporate Attorney of the Year, and winner of many more. She is also the founder and CEO of GoLegalYourself.com an online company that helps entrepreneurs start and grow their businesses with the right legal documents.

    A multi-degree lawyer, Kelly Bagla, Esq. is an international award-winning corporate attorney who practices in San Diego, California. Her passion is to help entrepreneurs achieve their dreams and she lives by her own motto: “Grab the world by the pearls, it’s yours for the taking!”

    Kelly Bagla, CEO of Bagla Law Firm, is on a mission to empower businesses of all sizes with the best information with the help of the best legal minds in the business. With the mantra “Go Legal Yourself!” and by creating the “4 Legal Lifecycles” of a business, Kelly broke down how to start, grow, establish and exit a business into 4 easy steps that will make any business bulletproof and extremely successful!

    Please tell us about your educational/professional background. Who inspired you to become a business leader? Would you like to mention some of the highlights from your journey?

    I graduated from university back in England and made my way to America. The land of the free and the home of the brave! I got here with the hopes to achieve my ‘American Dream’, and I set out to do so. I put myself through Law School in California, and my focus on being the best landed me a career opportunity to work at the largest law firm in the world. I did that for some time and decided that working for someone else wasn’t what the ‘Dream’ I had envisioned. You see… I have ALWAYS wanted to be an Attorney. To use my platform to ‘save the world’ so to speak.

    But… I watched the “big business legal industry” just ‘nickel and dime’ every entrepreneur trying to get their start. I began to realize that the system set in place was designed to make it damn near impossible for the “little guy” to get their footing and have a fighting chance at success. 

    So that’s when I started Bagla Law Firm, APC., an internationally recognized business law firm with its headquarters in beautiful San Diego, California.

    Besides my successful Law Firm, I ventured into: Toy invention, Authoring “Go Legal Yourself!” (and a handful more titles in the series), Keynote Public Speaking, Guest Hosting, Pitbull Rescue, Veteran Service, Podcast Hosting…. Sky Diving… LA Fashion Week?! So many things.

    I try not to limit myself, and always try to continue growing; Both professionally, and individually.

    When was Bagla Law Firm established? What are the prominent services/solutions offered by the company?

    I started Bagla Law in 2009. Our business model surrounds the idea of flat-rate fees for services rendered, and a relationship built where you feel comfortable coming back and asking questions should you have any. We offer a customer-service-based Business Law Practice, that puts its top priority on client satisfaction and transparent practices. We are pretty all-encompassing. Starting a business? Of any kind? From anywhere in the world? That’s any size big or small?? Already have a business and want to make sure you are set up in the safest situation available? We take care of all of that. And we do it in a way that is thorough, concise, comprehensive, flat rate fee oriented, and doesn’t require “long billable hours”. The same can be said of the Asset Protection side of the Practice. Do you need: offshore asset protection? Real estate asset protection? Buying or selling a business? We got you.

    Please tell us about the services/products your company is offering? How are they different from your competitors’ offerings?

    Bagla Law Firm, APC., is a Business Formation and Asset Protection Law Firm. We help individuals who want to start their own businesses and we help businesses, both domestic and international, who want general corporate counsel, including starting, growing, and selling their business. I am the “Queen of Business Law” for a reason. What I do, I do as an expert. 

    If I don’t feel that I’m at a level of expertise in the current law surrounding the case, I won’t take the client. I have no issues referring out clientele to fellow attorneys that fill the yin to my yang. But I would only send a client to counsel I felt could treat them in the same manner that we treat our clients.

    Please brief us in detail about the current scenario of the business. How have the customer preferences changed over the years?

    Our firm has a deep-rooted core value of construct that also, despite conflicting with the money-making drive purpose of all businesses, has a burning desire to HELP. I run my law firm the same way I run my life: I know what we’re worth, I know our limitations, I know our expertise, and I know what we can and will do to help be a part of the solution. I won’t ever promise you the world if I can’t deliver on it. And on the flip side of that… ‘if I promise you the world.’ You can count on it being delivered.

    There are these unfortunately true stereotypes about lawyers “squeezing blood from a turnip”, and just being downright ‘blah’ people. Here at Bagla Law Firm, APC., we do everything within our power to make sure that our FLAT RATE pricing, and CLEAR, CONCISE, communication, keeps every interaction as pleasant, and as productive as possible. It also takes an entrepreneur to understand the business needs of another entrepreneur, as I run several businesses. I think that’s a huge part of the reason why our clients choose us because we understand them, can relate to them, and they appreciate talking to and working with real business owners – us.

    What are the unique challenges your company is currently facing? How have they affected your company?

    I’d say our current challenge is pretty run-of-the-mill: Having more work to do than there is time in the day. Here at Bagla Law, we stay busy. But that’s a good thing as we love what we do! So, we recently just hired another associate, and if things continue in the manner, they’ve going… We’ll be looking to hire again shortly. The challenge really is hiring the right people who can fit well within your company culture. For anyone who is looking to hire good people, hire slow but fire fast.

    What measures do you incorporate to ensure motivation and productivity within the workspace? How do you respond to criticism and disagreements?

    Cheesy Bagels and Caffeine. Seriously. It’s the little things that matter. My associates love their cheesy Bagels. One is obsessed with NOS energy drinks (we’re happy to take donations), other lives for her protein shakes… it’s just about having those creature comforts encouraging each individual to do what they do best for the good of the overall team. I try to keep a completely open floor and provide space for anyone to speak up with interjections. All of our associates bring their own unique qualities to the team, and it’s important to remember that they were hired for those reasons. The biggest motivator is to allow our associates to grow professionally and personally and help them achieve their goals. All perspectives are encouraged and considered.

    What measures do you undertake to ensure optimum customer satisfaction? How much impact does the customer feedback have on the company’s strategies?

    Our client services staff try to keep EVERY interaction as pleasant, and as productive as possible. Our clients appreciate this and even rave to that effect on our Google reviews.

    Please mention some of your achievements.

    • Selected Top Woman Entrepreneur by LA Dreams Magazine

    • Nominated as one of the Business Women of the Year by San Diego Business Journal

    • Selected Top Lawyer by Marquis Who’s Who

    • Selected Attorney of the Month by San Diego Attorney Journal

    • Winner of 2020 and 2021 Lawyers of Distinction

    • Won Best of 2020 Oceanside Business Services award

    • Winner of 2020 Legal Awards for Best International M&A Law Firm USA and Corporate Attorney of the Year

    • 2021 award winner of Business Legal Professional of the Year USA by Corporate Live Wire

    • Podcast host of Go Legal Yourself – top 20 business law podcast

    • Judge on Everyday Edisons Emmy award-winning TV show, TV personality, and Speaker.

    Are you planning to launch any new products/services or advancements to your existing offerings? If so, we would like to know about it.

    We are always excited to provide new offerings to our clients that will help make their lives better.  In fact, we are super excited about our new Coaching Company that we will launch January 2023.  It will be called Pitbull ‘n Pearls, The Coaching Company for people who love life and mean business.  Additionally, I will be releasing my 5th book later this year called Legal Pearls for Entrepreneurs.  You can get your own copy and my other books from www.BaglaLaw.com

  • Ingmar Hogoy: Using Food Waste to Produce New Food

    Ingmar Hogoy: Using Food Waste to Produce New Food

    Digital Version

    Why is waste management of concern, especially food waste? Food waste is now a global issue. If not properly dealt with, it poses a threat to public health and the environment. It is a growing issue linked directly to the way society produces and consumes. We need to find new and more sustainable solutions adapted to our urban lifestyle where we can upcycle the recourses in food leftovers to feed.

    Ingmar Hogoy, CEO and Co-Founder at Greentech Innovators AS, has the vision to produce more food to help people fight the food crisis. As an entrepreneur, he discovered a gap in waste management that triggered him to utilize waste from fisheries and aquaculture and develop new products such as feed, special feed, and proteins for human consumption.

    We at Fortunes Crown got into an interview to know more about Mr. Hogoy and his impact on food waste management. Let’s have a look!

    Please tell us about your educational/professional background. Who inspired you to become a business leader? Would you like to mention some of the highlights from your journey?

    I have had a passion for fisheries and aquaculture since I was a kid ad when I was 12, I started experimenting with microalgae in an aquarium using fertilizer for growth. I made a small pond and was catching wild trout fry for farming. When I was 15 years old, I started fish farming with rainbow trout in a homemade fish cage. My goal has never been to be a business leader as such, but my vision was to contribute to producing more food for a growing population and the answer to more food production is in the ocean. My inspiration has been the scientist Dr. Norman Borlaug who got the Nobel Price in 1970 and the book “The man who fed the world” describes the “Green revolution” and how it was possible to increase food production through modern and scientific agriculture methods. Aquaculture has the same potential for the “Blue revolution” and increasing food production from the ocean.

    My passion for aquaculture has led to several projects and positions in the whole aquaculture value chain through research, product development, processing, and sales. In the early stage of the Norwegian salmon industry, I was working in a salmon processing plant when I realized that there was no waste management solution for processed by-products like viscera and bones. This became an environmental problem. I found that the rest raw material from processing was a valuable resource containing high-quality protein and oil – left unutilized. I was hired at a pioneering company and built up a factory for processing the rest raw materials from the salmon industry into fish protein and oil as feed. Ever since, I have been dedicated to the circular economy, utilizing waste from fisheries and aquaculture by developing new products such as feed, special feed, and proteins for human consumption. The utilization of the rest raw materials from fisheries and aquaculture is now a large and profitable industry in Norway.

    When was Greentech Innovators AS established? What are the prominent services/solutions offered by the company?

    On my daily travel from home to work I met the trucks loaded with food waste going for incineration and the only result was GHG emission and pollution from the chimney. Through my experience with aquaculture and by solving the challenges of by-products from aquaculture and fisheries, I realized that we still have environmental challenges with food waste.

    In 2018, we established Greentech Innovators and the subsidiary Algaepro. The idea was to find more sustainable solutions to organic waste like food waste. The environmental challenges with today’s waste management solutions became more and more obvious.

    Please tell us about the services/products your company is offering? How are they different from your competitors’ offerings?

    Headquartered in Bergen, Norway, Greentech Innovators uses biotechnology for converting food waste into growth media for microbes and microalgae for the production of omega-3 and protein as sustainable feed for the aquaculture industry. We are upcycling food waste to feed. And our customers are waste management companies that need more sustainable solutions according to new regulations. We can offer feed producers more sustainable omega-3 and protein.

    Please brief us in detail about the current scenario of the business. How have the customer preferences changed over the years?

    During the last decade, it has become more and more obvious that we need to find more environmentally friendly ways of living. This includes the development of new and more sustainable waste management as all the commonly used solutions like landfills, incineration, composting, and biogas production are contributing to greenhouse gases and pollution of water and air. Political, social, and regulatory pressure to reduce greenhouse gases and go for more circular solutions is a driving force for our solution.

    It is also a global demand for new feed for the growing aquaculture industry. To continue growing, new and sustainable feed sources substituting fish meal and oil and soy in aquaculture feed must be developed.

    It is not sustainable to use 30% of global fish sources that can be used for direct food consumption as feed. Our solution uses something that we have too much of, food waste, to produce something in global demand like omega-3 and protein.

    What are the unique challenges your company is currently facing? How have they affected your company?

    Like many early-stage companies, we were also affected by the covid situations. Equipment that was normally no problem to get was in demand, and the whole process took more time and the education of employees was delayed because of restrictions. The largest challenge, however, was that investors became more risk reluctant, and it was hard to get equity for expansion and scaling of our innovative solution producing more food and at the same time reducing GHG emissions and pollution of water and air.

    What measures do you incorporate to ensure motivation and productivity within the workspace? How do you respond to criticism and disagreements?

    Internally within the team we are open-minded and have good discussions. In a startup with limited resources, both financially and labor capacity, we must prioritize the task and which is sometimes challenging and results in hard prioritizing of all the tasks we want to do. In our organization, it is acceptable to fail and learn from it.

    What measures do you undertake to ensure optimum customer satisfaction? How much impact does the customer feedback have on the company’s strategies?

    It is important to be in good dialogue with customers and document the value of the products to customers.

    Are you planning to launch any new products/services or advancements to your existing offerings? If so, we would like to know about it.

    First, we are planning to scale our circular waste solution to be an international solution that can support governments, waste management companies, and feed producers to reach their goals of more sustainable solutions. Our solution can be adapted to a variety of end products, but we are focusing on the production of seafood for the growing populations and at the same time reducing GHG from traditional waste solutions.

  • MOBILE APPLICATIONS AS THE CURRENT CATALYST OF BUSINESSES

    MOBILE APPLICATIONS AS THE CURRENT CATALYST OF BUSINESSES

    The impact of mobile applications on people’s daily lives has grown exponentially within this decade. There’s not a lot of things to say about it because its emergence and improvement is evident.

    While the majority of users worldwide are taking advantage of mobile applications because of social media platforms and online shopping, there’s still a fair chunk of that massive user base that other sectors can grab. And sole proprietor businesses, in particular, took a shot and leveraged mobile applications.

    In this article, we will focus most on the clear benefits that mobile applications bring to any size of businesses and enterprises.

    Bigger boost in reach

    Both the Android OS and iOS have their application marketplace, where users can download any types of applications they want with or without a fee. Most businesses offer free access to users to increase their reach and accessibility.

    UberEats, for example, is a food delivery service that requires a specific amount of reach to become functional. McDonald’s, on the other hand, is a restaurant that mostly uses its application to advertise their menu, while still offering customers the option to deliver food at the doorsteps of their customers.

    Both of these make more profit, the more customers they serve, the more mobile applications are the perfect platform for them to achieve that goal.

    Accessibility and management

    One thing that most people adore from mobile applications is their accessibility. Indeed, it is an invention that has allowed people to become more organized than ever before.

    The mClinic application is an excellent example of the management side. It helps doctors and other medical professionals to organize their clinics and hospitals within just a couple of taps. This impact can be felt on the client’s end as well.

    Increased brand recognition

    Another beauty of having an application for a business despite it being costly to develop is slight to a high increase in brand recognition.

    Most businesses push this endeavor to stand out from the crowd and be ahead of their competitors. Tropical Roofing Products, for instance, saw this opportunity to grow because of the lack of roofing contractors and repairers on the app market.

    Many sole proprietor businesses can take advantage of this, including computer repair services, landscaping providers, accountants for hire, etc.

    Along with technology, businesses have also evolved and are now using a different approach to advertising, and generally reaching more people. Mobile applications have done such a great job combining all of these and benefiting both the businesses and their clients, as well. Contact us today to create your own mobile application.

    About Webster Solutions

    Vishal Dudhal, founder, Webster Solution, specializes in building unique, personalized, and easy to manage websites and applications. Having been in the web industry for over nine years, we have over 200 satisfied and recurring clients, across the world!

    We focus on quality, innovation, & speed. We utilize technology to bring results to grow our clients businesses. Throughout the years Webster Solutions has been able to create stunning Website designs and Mobile/Web applications in multiple verticals while allowing our clients to obtain an overall better web presence.

    Based in India, Webster Solution provides services such as

    • Domain Registration And Web Hosting
    • E-Commerce Development
    • Search Engine Optimization
    • WordPress Development
    • Web Design And Development
    • Mobile Application Development
  • Mohammed Mubin Mallick: On the Forefront of Robot Solutions and Services

    Mohammed Mubin Mallick: On the Forefront of Robot Solutions and Services

    Please tell us about your educational/professional background. Who inspired you to become a business leader? Would you like to mention some of the highlights from your journey?

    I, Mohammed Mubin Mallick, am the CEO and Founder of Kiran Smart company in Kuwait, Dubai, and India. I am an innovator of Humanoid Robot Services and the Founder of Mi-Robots Company registered in India. Holding a Master’s Degree MBA from Cardiff University, UK. I have several professional certificates under his name.

    It was one of the childhood incidents that inspired me to be an Entrepreneur and be a leader to help others not only in business but in their personal life as well.

    Every journey has good and bad highlights so let me start with bad highlights first because they helped me forge my path to success.

    During the journey, I lost my father, lost money, was cheated several times, failed myself many times, and sacrificed a lot in my personal life.

    But I flipped the coin and built trust. People started recognizing me. I excelled in business. I have loyal customers and employees. I am able to expand my business in India and Dubai (UAE). I have bagged many awards for being advanced in the robotics field. Today, I am recognized as one of the Top Influencers in the field of robotics.

    When was Kiran Smart established? What are the prominent services/solutions offered by the company?

    Kiran Smart was established in the year 2019. We have IT solutions and services but in the recent year during COVID-19, we have diversified to Robotics, Artificial Intelligence, Fintech, and Digital Transformation.

    Headquartered in Dubai, Kiran Smart is always different than its competitors offering because we always introduce advanced new technology and innovative product so that customers can be ahead and up to date with the latest technological solutions and services offered by us.

    Please brief us in detail about the current scenario of the business. How have the customer preferences changed over the years?

    The present scenario of business will vary from business to business. So if I share about my business then it is different than others as our core business is robotics services for different industries and the demand is increasing daily. Other than this we are also into IT solutions and services which is the ongoing business for us from past few years.

    Customer preferences keep changing from time to time as per the latest trends in the market and in terms of advanced technologies as well. So customers always prefer something innovative as well solve the problem. Previously, customers used to focus on resolving the issue but now the preferences have been widened in terms of innovation, technologies, quick services, and 24 hr availability.

    What are the unique challenges your company is currently facing? How have they affected your company?

    At present, we have one unique challenge which is Post Covid 19 recovery because this challenge is not only for us but it is for the whole world and it has affected every business. Financial-wise and work-wise it has affected our company but not to a very high extent as we have deployed the advanced technologies, especially robots to overcome these challenges. We were quite successful to overcome these challenges with our robots.

    What measures do you incorporate to ensure motivation and productivity within the workspace? How do you respond to criticism and disagreements?

    Our working style is like a family in our working environment. Also, our working times are flexible. We offer employees their preferred time to work where they can have much more productivity. So as a holistic situation it helps to remain motivated and also increases productivity.

    We always think in a positive way so whatever criticism or disagreement comes from our customers we always take it as tips or lessons for ourselves to improve it and develop it to be better in the future. Because we believe that everyone is not perfect and from mistakes only we can learn to be better and better in our services.

    What measures do you undertake to ensure optimum customer satisfaction? How much impact does the customer feedback have on the company’s strategies?

    It is very simple for us. We just listen to our customers carefully so that we can deliver the best solution as per the customer’s problems defined. Customer feedback is very important because it helps us to make a better strategy whether it is related to competition, market trends, customer demand, customer satisfaction, or employees’ services to customers. So for us, the feedback of customers is very important because it helps us to grow and develop.

    Are you planning to launch any new products/services or advancements to your existing offerings? If so, we would like to know about it.

    Yes, there are many but all of them are robots for different industries and verticals. We cannot disclose the information due to company policies.

  • Colin Brown: Serving Best Vehicle Insurance Against Eventualities

    Colin Brown: Serving Best Vehicle Insurance Against Eventualities

    Business is booming and for the first time in two years an Underwriting Agency has made huge advances with many new auto products and services with great ideas, solutions, and technology. The growth in the last 24 months has defied the pandemic restrictions and Colin Brown, CEO & Founder of Stratford Underwriting Agency Inc. shares the same story.

    There are very few people with as deep an understanding of vehicle insurance as Colin Brown. From emigrating to investing 22 years of his life in a company, Mr. Brown claims to provide services against monopolies in the industry.

    Please tell us about your educational/professional background. Who inspired you to become a business leader? Would you like to mention some of the highlights from your journey?

    I emigrated from Ulster in October 1973. I had a degree in Geology and Geography from Queens University Belfast. I started my career as a management trainee at the Insurance Corporation of British Columbia (ICBC) in January 1974 and the Corporation opened for business in March 1974. I worked at ICBC for 22 years and resigned as Chief Underwriter in 1995. During that time, I became a Chartered Insurance Professional, a Chartered Arbitrator, and also received an MA in Liberal Studies from Simon Fraser University.

    In 1995, following my resignation, I founded Canadian Direct Insurance (CDI). CDI was the first direct writer in Western Canada and sold optional auto insurance coverage by phone and internet in competition with ICBC which is a quasi-monopoly. At the outset, CDI was a wholly-owned subsidiary of HSBC. It turned profitable in its fifth year and 2005 was sold to Canadian Western Bank (CWB) for $25 million, or 1.25 of book value. CWB were great owners and after a change in leadership in 2015, sold CDI to Intact (Canada’s largest insurer) for $200 million, or 2.5 times book value. CDI had additionally previously issued dividends of $35 million to the bank already to protect CDI’s capital ratio. It was a massive success. I was appointed Executive Officer of Intact, but I retired in 2016 at the age of 66.

    Please brief us in detail about the current scenario of the business. How have the customer preferences changed over the years?

    The auto insurance business in BC is dominated by ICBC. They have a monopoly on “the basic” which is the minimum cover that you have to buy to put a vehicle on the road. They also sell almost 90% of “optional” which are the add-ons for collision cover, comprehensive, etc. That optional market is worth $2.5 billion in BC. CDI had been the largest seller of optional.

    Following my retirement, I did a little consulting but was approached several times to start another company. I finally did so in 2018 and founded Stratford Underwriting Agency Inc. We are a Managing General Agency (MGA), essentially a wholesaler of niche products that are otherwise hard to find. Stratford started in 2020 with its own BC auto product (CDI 2.0), underwritten by a major reinsurer that I had worked with for 20 years. Customer preferences have not changed in this regard, they still want a viable option to a government monopoly. A better product, more bells and whistles, and a lower price. We sell through a network of 200 independent brokers.

    What are the prominent products/services offered by the company? How are they different from your competitors’ offerings?

    Stratford’s two current products are differentiated in price. Both offer products very similar to our competitors but priced better. Our products have better coverages in key areas that make them more attractive and in addition offer better features. This is achieved through smarter underwriting. Our primary product is designed to save 80% of BC motorists on their purchases.

    Currently, Stratford offers a full-service BC auto optional product and a replacement cost policy for the loss of value on new cars that may become a total loss. In 2021, we wrote a total of $27 million in premium, had revenue of $7 million, and lost $170,00 in our second year of business. We are very happy with that. We will write about $38 million in 2022 and make $1million+ in profit. We are developing two other non-auto products at this time. They will broaden our scope and spread our risk base.

    What are the unique challenges your company is currently facing? How have they affected your company?

    At the time we entered the marketplace, ICBC have declared BC to be a “no-fault” jurisdiction. Essentially cutting out the need for third-party liability cover and reducing the average premium available from $800 a policy to $500 a policy. This was effective May 1st, 2021. Stratford was forced to find a product to replace the lost premium. This was done in short order and a replacement cost policy was added in February 2021 and we sold $10 million worth of policies for the premium product in 2021. Opportunity and agility melded together on that one.

    What measures do you incorporate to ensure motivation and productivity within the workspace? How do you respond to criticism and disagreements?

    As a company, our system was designed to be flexible. It is in the cloud and supports working from home. We encourage attendance at the office as needed. Staff who can influence key indicators are incentivized appropriately. All staff is bonused on the corporate performance. We have an open office plan which encourages open discussion and deals with any issues as they arise. We have a complaints officer who responds to any customer complaints.

    What measures do you undertake to ensure optimum customer satisfaction? How much impact does the customer feedback have on the company’s strategies?

    We do have a complaints officer who is charged with dealing immediately with any issues that arise. As we sell through independent brokers, there are few complaints directly to us. Most would be claims disputes and there are formal procedures in place for dispute handling. If there is a consistent valid issue, we are quite at ease in varying the rules and changing them, if appropriate.

    Are you planning to launch any new products/services or advancements to your existing offerings? If so, we would like to know about it.

    Stratford is developing two new products, both non-auto in nature. The first is very exciting and, while confidential in nature is cover for a very commonly used household possession it is used away from the home and has been largely ignored by mainstream insurers. Stratford will offer a full range of covers. The second is a more standard commercial property series of covers, which are offered in a much more sympathetic format than mainstream insurers offer.

    In both cases, Stratford is benefiting from partnering with experts in their fields to make sure we offer only the best and most meaningful covers.

    As a decorated leader, what would be your piece of advice for entrepreneurs seeking careers in the business?

    I often reflect on this at the age of 72……… “what have I learnt?” Probably not much in the universal scheme of things, but a few business truths due stand out.

    First, I believe that in the financial services industry, especially in Canada, you HAVE to learn the basics. When you are operating in a regulated industry (and Canada is very heavily regulated), then you must know all the rules. I learned in a Crown Corporation environment and ended up writing virtually all the policy wordings and attendant rules. It is so much easier to bend the rules and make changes when you understand the framework.

    Second, as long as you retain the fundamentals, you can be free to hire younger, smarter staff who can think outside the box, say “why not?” and shake the trees. I think that is my key to learning. We passed it on to our son, who has taken it into the Canadian banking sphere and been a huge success. He worked in the branches, learned the rules, and now can break out and do what no one else is doing.