Fashion Mogul Adam Goldenberg Shares Success Secrets

Boasting of a hugely prosperous career, serial entrepreneur Adam Goldenberg is well accustomed to ‘big years.’ Throughout his career, Adam has enjoyed unparalleled success, going way back to the late nineties. His first notable transaction was the sale of his gaming enterprise to Intermix. He later established Intelligent Beauty, which flourished rapidly, allowing him to team up with Don Ressler to inaugurate JustFab.

Within its short period of operation, JustFab has gained enormous traction among its followers. This is signal that Adam Goldenberg’s foresight is not dumbfounded, and will eventually come to pass. Through the purchase of the footwear franchise ShoeDazzle and a couple of fundraisers, JustFab came up with an enormous $55 million. Further, the company has adopted a unique way of marketing, using celebrity stylists. This strategy has proven to be a huge success, as it has resulted in the extensive growth of the firm, with new subsidiaries being established on hudl.com. Fabletics, a strong outfit brand, is one of the divisions of JustFab that ascribes its inception to this initiative.

Adam Goldenberg revealed that the unprecedented success is as a consequence of focusing on metrics. He stated that by keeping a keen eye on user data, the institution could react promptly and appropriately to evolving trends. Adam further said that all sides are considered while analyzing the statistics –both positive and adverse. With the sharing of undesirable numbers, staff identify where it all went wrong, go back to the drawing board, and formulate corrective strategies.

Additionally, JustFab considers client opinions’ as a key pillar in the company’s operations. However, this policy was embraced at a steep price. In early days, the business incurred losses, primarily because customers thought their products were exorbitantly overpriced. As a consequence, the firm created a task force whose sole job is to interact with the clientele to determine the price ranges that work for both parties.

Though academic and professional credentials are scrutinized during employee intakes at JustFab, they are not the primary determinants for hiring. In addition to the prerequisites mentioned above, the establishment looks for passionate individuals. Adam disclosed that the fashion industry demands zealous personalities. If not, it is just a recipe for disaster. The importance of this character to the enterprise is underlined by its mantra, which is ‘Be Passionate.’

Moreover, JustFab provides mentorship to the outstanding employees of the form. In Adam’s opinion, executives should drop average workers for top achievers. He argued that empowering exemplary minds will prove to be more efficient than trying to bridge the gap by seeking to improve below par staff.

Read more: TechStyle CEO Adam Goldenberg Talking Name Change on CNBC

Troy Mcquagge Bags The Coveted One Planet Business Accolade

Troy’s background

Troy McQuagge is the CEO and member of the board of directors of USHEALTH Group, Inc., a health insurance service provider. Troy’s alma mater is the University of Central Florida, where he received his B.A. degree. After graduating in 1983, Troy joined Allstate Insurance Company. His next stop was the Student Insurance Division of United Insurance Companies (UICI). After two years in the UICI, he was promoted to president of the company’s insurance agency, UGA. Troy achieved great success at UCA, breaking numerous sales records. In 2006, UCA changed into HealthMarkets after a private investor purchased it. Troy continued serving as President under this new ownership. His performance was stellar, with sales surpassing the $1 billion mark and the firm bagging numerous coveted awards.

 

In July 2010, Troy joined USHEALTH. By 2013, he had ascended to the position of executive vice president and chief marketing officer. A year later, Troy McQuagge was promoted and became the Chairman and CEO of USHEALTH Group Inc. Over the years, Troy has served in different capacities and positions within USHEALTH and its affiliates.

 

One Planet Business Award

In January 2017, Troy was named as the Gold winner of the esteemed One Planet Awards in the CEO’s category. The awards annually recognize outstanding personalities in business and professional sectors. Participants are nominated from organizations across the world regardless of the firm’s size or reputation.

 

Troy received the award due to his exemplary performance as CEO of USHEALTH. Under his stewardship, the company has witnessed exponential growth and increase in profit margins. As a result, his company has become one of the most competitive in the flooded health insurance market.

 

When receiving the accolade, Troy acknowledged the efforts of USHEALTH staff. He said that it was a proof of the firm’s commitment to providing quality and affordable services to its clients. McQuagge added that his company looks to provide innovative solutions to cope up with growing healthcare needs of customers.

 

The One Planet Awards rewards exceptional performers in business from across the globe. Some of the categories recognized at the Awards include, executives, marketing and corporate communications, PR and much more.