Why is the US Losing the Innovation Battle? Shervin Pishevar Has Answers

Shervin Pishevar decided to share a wide array of thoughts on Twitter recently. Actually, he created quite the tweet storm, sending out 50 tweets in the span of 21 hours. During this time, he identified that the United States is losing the battle for innovation.

Silicon Valley is the Capital

As far as anyone was concerned, Silicon Valley became the capital for innovation. This happened not just for the US but for the rest of the world. If a startup was going to happen, it would come out of Silicon Valley, California.

In recent years, this is not necessarily the case. Romania, China, Italy, Brazil, and plenty of other countries have experienced major startups as well.

Shervin Pishevar identifies that there are many good reasons for this.

What’s Happening in the US

Shervin Pishevar blames the United States government for us losing our innovation. Much of this has to do with crumbling infrastructures. A lot of it also has to do with some of the physical and cultural walls that we have built as a government. It is keeping immigrant talent from entering Silicon Valley.

As a result, entrepreneurship has become a movement. Is completely borderless, which means that Silicon Valley is more of a viral idea than a physical location.

Is there a way for us to get it back?

It’s unlikely that the United States will ever get its innovation back, especially if we don’t start looking at the various frameworks that exist. Often, US companies want to follow monopoly frameworks that don’t work for them.

Further, the speed of execution continues to be a problem for the United States. Yet, China has proven that their speed of execution is better than anyone. Shervin Pishevar gave the example of a train station in China being built in only nine hours. The United States simply cannot compete with things like that.

The tweets that Shervin Pishevar sent out have people thinking. They have to look at the speed of execution and their overall infrastructure if they ever want to win the innovation battle ever again.

UTC is Saved

The United Technologies Corporation pulled off the impossible, they survived the great recession. Throughout the 2000s, many businesses were closing their doors left and right. Unemployment was on the rise, the housing market had just crumbled, and people were unable to sustain their workers. The change of all of these things brought the demise in bankruptcy of many corporations. One industry that was hit perhaps the hardest was the airline industry.

As the airline industry was hit by this recession companies such as Delta and United Airlines and Southwest Airlines were unable to continue purchasing airline parts from third-party manufacturers. This included United Technologies Corporation which had been one of the most dominant corporations in all of North America. Many business analysts thought that the writing was on the wall for UTC.

UTC was able to get a new chief executive officer, Louis Chenevert, who truly changed everything around. When he arrived the stock price was only $37 a share. By the time he walked out, it was at $117 a share. Needless to say, a lot of people made a lot of money. Exactly how did he do this though?

He accomplished the impossible by using three strategies. The first strategy was simple, offset the deficit. He was able to offset the deficit by acquiring companies such as Pratt & Whitney and Otis and Goodrich. These key acquisitions were crucial because they allowed UTC to take the profits from those companies that were not being hurt by the recession and use it to keep UTC afloat for the time being.

The second strategy he took was to plug the leaks in UTC spending. He found that UTC spent a needless amount of money on transporting their own goods and interviewing new workers. By plugging those leaks, he saved the company 15 million a year.

The last strategy he took was getting UTC to the point that it was able to meet the strictest environmental regulations. By lowering their carbon emissions and the water consumption, they no longer had to pay the environmental fines to the Canadian and American governments.


Josh Smith: A Green Revolutionary

Josh Smith is an entrepreneur who has embarked on several business ventures in his 18 years in Reno, Nevada. He has successfully launched and steered several businesses in Reno, Nevada, which is impressive in the little time that he’s done it. Josh Smith has one goal in mind, to benefit today’s society and the environment in which they live. Money is simply a bonus. He recently completed an interview in which he was asked why and how he started a business to begin with. Josh Smith answered that he just wants to make life easier for people, and he incorporates his art background in his inventions.

When transforming his concepts into solutions he sits down to draw out the diagram for the solution, and then writes down his additional ideas based on that. He then develops a plan to make that product marketable based on today’s societal needs. Josh Smith was also asked how he maintains his productivity with so many ventures at once. He says you must make sure that the project calls for creativity, and that you are genuinely inspired by it. He also focuses on productive tasks that help him to achieve more than one goal.

The interview gave light to what a remarkable, imaginative and inventive mind Josh Smith has. Over the years he has developed the mental strength to block out nay-sayers and wishes he had given this advice to his younger self when he was starting out. Over the years, he has also developed his own leadership and business techniques based on past mistakes he’s made. Josh Smith also recommends “The War of Art” as a good read for budding entrepreneurs, and Lumosity.com to maintain healthy brain activity.

One of Smith’s newer and more popular ventures is the Modular Greenhouse that will neglect chemical usage in the growth of plants, making organic fruits and vegetables that much more natural. He genuinely believes in his mission to make food healthier for children in their developmental years, and has developed a team of individuals who share his vision, passion, experience and drive.

Follow Josh Smith here: https://www.facebook.com/JoshuaSmithReno/

Daniel Mark Harrison, a Famous Business Guru

Daniel Mark Harrison was born in London England and later moved to Asia following his education. He is the founder and chief executive officer of Daniel Mark Harrison & Co., a family office founded in 2015 that deals with developing residential properties. The business has extensions in Hong Kong, Singapore, and Bangkok. He is also a managing director at Monkey Capital which is a famous decentralized hedge fund. He was named one of the leading innovators and the brightest in the world of startups.

Along with his business skills, Daniel Mark Harrison is also a renowned writer. His exceptional writing skills saw him doing columns for Forbes, Wall Street Journal, and Street.com among others. He has been a writer for CoinSpeaker a field of Bitcoins and Altcoins and has had a lot of success accredited to him as a result. He is the founder of Marx Rand, a daily interest, and current affairs publication where he acts as both an editor and publisher.

His first book as an author was Butterflies: the Strange Metamorphosis of Fact and Fiction in Today’s World, a combination of both fiction and journalism received excellent reviews from other renowned authors and fetched a top position on the Amazon’s bestseller list with a 5-star review from fans. Other books he has written after that, like The Millennial Reincarnations, have been received warmly by his loyal audience and other authors.

Daniel Mark Harrison keeps himself up to date with new and key technologies, is keen to observe the different aspects of industries, technology, and finance across the globe and make informed decisions concerning investments. As a result, within short periods of time, he accumulates great amounts of wealth. His focus is on making investments that can improve the lives of people worldwide, that’s why he invests in companies that address world’s most pressing challenges like pollution, cyber security, and exploitation. This master of all trades is without a doubt in it for a good cause.

As an award-winning journalist and an inspirational entrepreneur has proved that being observant and considering everything before you set out to create anything will bring forth good results especially in writing and when making business ventures and investments.

How Louis Chênevert has been a Leader in the Aviation Industry

For several years, Canadian born Louis R. Chênevert was both the Chief Executive Officer and Chairman of the Board of United Technologies Corporation (UTC). He is a graduate of HEC Montréal and holds a bachelor’s degree in production management. Later in his career, in 2011, he was given an honorary doctorate by this educational institution in recognition of the accomplishments he had made so far during his professional career.

Before his arrival at UTC, Louis Chênevert was the President of Pratt & Whitney, another company in the aviation industry. He worked at this company from 1999 until March of 2006 which is when he was named the top executive at United Technologies Corporation. He guided the company for several years, until December of 2014, when he resigned the position in order to pursue other interests.
It was under Louis Chênevert’s leadership that UTC weathered the storm of the subprime recession which started to take place in 2007. He carefully balanced the needs of the shareholders and customers of the company as well as other stakeholders such as the company’s employees. The company emerged from the recession in very good shape and has gone on to maintain its position as one of the leaders in North America’s aviation industry.
One of the challenges of the manufacturing industry, which UTC is a part of, is that large portions of it are in decline in North America. Much of the work has moved to other places such as Mexico and Asia in particular. Some manufacturers, though, have continued to do well. UTC is one of these company’s due to the effort of Louis Chênevert. During his time at the company, it maintained its leadership position and continued to thrive. Louis Chênevert didn’t do this on the backs of the workers as he continued to make sure employees of the company were paid a fair wage. He also made it a priority to follow all environmental compliance issues.
Due to his successes, Louis Chênevert was honored by Aviation Week & Space Technology as their Person of the Year in 2011. He was also given the role of Vice Chairman for the Business Council in that same year.

Thor Halvorssen is Freedom’s No. 1 Troublemaker for Tyrants

Standing up against tyranny is something Thor Halvorssen knows all about and does quite eloquently. The founder of the New York City-based Human Rights Foundation (HRF) will not stay silent when it comes to tyrants who mess with a person’s human rights and individual liberty.

The University of Pennsylvania and Wharton School of Business graduate spoke recently with the WeeklyStandard.com to talk about HRF and how he labels himself in a world of political obsession.

Thor Halvorssen comes from a background steeped in human rights activism. His father was tortured in a Venezuelan prison after revealing government corruption in his role as the country’s drug czar. His mother was shot during an anti-Hugo Chavez demonstration, and his first cousin is jailed at the moment as a political prisoner in Venezuela.

Thor Halvorssenis a take action kind of man, holding respect for the dissidents and defectors of the world who make life difficult for regimes that control a person’s every move. He’s been held against his will and beaten in the name of freedom, most famously for an incident occurring in 2010, when Thor Halvorssen and a cameraman had traveled to Vietnam’s Ho Chi Minh City. The pair were there to interview and record moments with ThichQuang Do, the head of the Unified Buddhist Church of Vietnam. His church had been banned, and Mr. Quang Do held under house arrest for 28 years.

Thor Halvorssen says he had sneaked into the monastery and procured the taped interview. On their way out, he and his cameraman were discovered and Thor Halvorssen detained. Luckily, the cameraman slipped out a side door with the video card safely hidden. Meantime, Vietnamese authorities allegedly beat Thor Halvorssen black and blue, only allowing him to leave when he convinced them he was there seeking to become a Buddhist.

Politically-speaking, many have tried to define Thor Halvorssen as a right winger, but the HRF founder sees himself differently. Thor Halvorssen says he’s a “classical liberal” in the John Stuart Mill tradition. Mill has often been called, “the most influential English-speaking philosopher of the nineteenth century.”

LinkedIn: Linkedin.com/in/halvorssen

How Thor Halvorssen Troubles Tyrants Through Revolutionary Activism

Thor Halvorssen does not operate within a particular time as he works during odd hours. Halvorssen is the president of Human Rights Foundation that is based in New York. The 39-year-old human rights champion opened his company in 2005. The half Venezuela and half Norwegian citizen with a perfect American English accent has a descent from a family of leaders and heads of states.

His family is made of leaders and has a history of fighting for human rights as seen by their interference in the Nazi activities during the oppression time. His maternal side is also rich in leadership seeing as to how his mother is a descendant of the first Venezuelan president. The rich family foundation in which Mr Thor grew paved the way for his involvement in human rights. In fact, in all discussions, this issue is a priority as far as he is concerned.

However, there is a different kind of human rights activist. He does not subscribe to the ordinary sad-faced activism that is common. For him, activism stems from his love for people especially the descents and political defectors. The title and position that Thor holds today are not ceremonial, as two of his predecessors have died. He has been a victim of beatings because of what they stand and fight for. Thor Halvorssen on Facebook.

About Thor Halvorssen

In 2010, for example, he and his camera sneaked into the monastery of the patriarch leader of the Unified Buddhist Church of Vietnam that was put under house arrest for 28 years. This move attracted a hefty penalty when Thor was arrested by the Vietnam police until he was able to convince them that he was a Buddhist pursue.

Halvorssen is known for his move in fighting for rights of the oppressed especially in cases of dictatorship. Thor continues to be the face that brings real change as far as human rights are concerned. Know more about him: http://www.forbes.com/sites/thorhalvorssen/

Thor Halvorssen is Still for the People

Thor Halvorssen remains one of the top influential people when it comes to individuals having rights and executing them. Thor Halvorssen is the head of Human Rights Foundation. This foundation got its start in the early 2000’s.

Mr Halvorssen had some good jobs before becoming head of the Human Rights Foundation. However, he did not take this new position because he needed the money. He took this position because he wanted to help people within his local area. Without pride, Halvorssen testified that he could be making more money, but he wanted to become a servant to the people. He doesn’t even believe he is worthy of having such a position, regardless of the pay. He is just happy that he has the opportunity to serve the public.

Halvorssen went through many different issues as a child. He saw his parents face race riots and watched them have their rights revoked right before his eyes. He has also observed political powers switch hands with the promise of change, but there was none. This is when Thor Halvorssen made the decision to devote his life to serving people that have had their rights taken away from them. Click here to know more.

Halvorssen was recently asked why type of political party he supports. Reporters asked him this upon finding out that majority of his views are conservative. Thor Halvorssen told the press that his world views will remain the same regardless of the position his holds. He further told the press that he will always be for the people. Halvorssen testified that his views of the world disappear when a person’s rights are taken away.

Many individuals are happy to see Thor in this high position within the Human Rights Foundation. There are many supports of this foundation; these supporters consist of famous individuals and even world leaders. All of these supporters testified that they believe change is on the rise now that Halvorssen is in office. These individuals also stated that they have seen nothing but corruption the past several years within the Human Rights Organization. This is why they did not hesitate to elect someone new for the office of president of the Human Right Foundation.

Facebook: Facebook.com/thorhalvorssen/

Timothy Armour Discusses Investment Strategies

Warren Buffet is widely considered the greatest investor of all time. He is a self-made billionaire who has amassed a net worth in excess of $50 billion. Because of this, many people follow his investment advice. One common piece of advice that he has is to invest in the stock market as a whole and to avoid expensive mutual and hedge funds. He recently proved his strategy when he invested in an index fund and received a better return than most hedge and mutual funds.

While Buffet is clearly a great investors, some investment professionals still beleive that investing in actively managed funds is a better long-term decision. Timothy Armour, who one of the leaders of The Capital Group, pointed out that the 2016 trading year was an anomaly and that in most years it is better to focus on actively managed funds. Hedge and mutual funds tend to provide their most value during bear markets. During poor investment years, these funds are able to take downside risk mitigation strategies. This helps to reduce losses in a down year. Over a much longer period of time, most hedge funds have proven that they can outperform the market averages, even after factoring in management and investment fees. Click here to know more.

Timothy Armour has a proven track record of managing client assets. He has provided them with a great average return of capital and has managed money through a range of economic cycles. Timothy Armour has been one of the leading members of The Capital Group for over 20 years. In this time, he has held a range of different positions, but has continued to focus on asset management, which has helped to provide clients with a good investment return.