Category Archives: Innovation

Dr. Mark McKenna: Doctor/Entrepreneur

In March 2018, Buckhead, an uptown district of Atlanta, Georgia, welcomed a skin care medical facility OVME. This facility pronounced “of me.” focuses on skin care and dedicated to offering top quality, technology-based aesthetic services to the residents in the Atlanta area. Founder and CEO of OVME Dr. Mark McKenna strives to provide top-notch skin treatment at his 1500 square foot luxury facility to his patients. OVME includes secluded offices for individual consultations and four luxurious private rooms. Along with the investment of OVME in Atlanta, McKenna has plans on opening a chain of this facility nationwide as well as building an app for Botox patients that functions the same way as rideshare app, Uber. This app will provide patients with freelance practitioners who do house calls on demand and therefore an added convenience.

Licensed by the Florida, Georgia, and Tennessee Board of Examiners, New Orleans native, Dr. Mark McKenna received his medical training at the Tulane University Medical School. Upon graduation with his Doctor of Medicine and Master of Business Administration degrees, he started practicing medicine with his father while launching a real estate development firm called McKenna Venture Investments. Dr. Mark McKenna continued growing his ventures by acquiring Uptown Title, Inc. and Universal Mortgage Lending. When Hurricane Katrina destroyed homes and businesses in 2005, McKenna also lost his business investments in the area. Seeing the massive destruction in his community, he participated in the rebuilding of homes for low and middle-income area residents.

In 2007, Dr. Mark McKenna relocated Atlanta, Georgia and opened a cosmetic and wellness based practice chain called ShapeMed. This business chain focused on nutrition, weight management, hair removal, and Botox injections. In November 2014, ShapeMed sold to bix box gym chain called Lifetime Fitness, and McKenna served on the board as National Medical Director of Life Time Fitness Inc until 2016. In 2017, he founded the innovative aesthetic medical company OVME.

Dr. Mark McKenna and OVME presently partnered with the Make A Wish Foundation. This foundation helps children with life-threatening illnesses and their families by granting wishes to the children and easing the financial burden of families.

https://twitter.com/drmarkmckenna

Sahm Adrangi Showcases an Impressive Business Strategy

Silicon Valley has become rather well known for certain business practices. Companies in the region do tend to bring some innovative ideas. But it’s hard not to come away from the area with some less than flattering impressions.

The average Silicon Valley company often seems so caught up with appearing innovative that they become just another fish in the larger tech sea. But real innovation doesn’t blindly chase trends. Innovators do just that, they innovate. And one can easily see that when looking at GreenSky credit. And the same goes for GreenSky’s CEO, Sahm Adrangi.

The name might not create the same sparks of recognition as many other successful CEOs. In fact, many people know him in large part because of his notable reluctance to promote himself. He’s a rare counter to the flashy presences in the area.

He seldom accepts invitations to speak at conferences. And it’s even rare for him to sit down for the shortest interviews with the press. And he never parades himself in front of employees to wave novelties in front of them.

It stands in stark contrast to the other companies. But it shows as true innovation when one looks at GreenSky’s overall performance. That’s when things click and one begins to realize something. Sahm Adrangi isn’t reclusive, he’s busy guiding his company into greater and greater victories.

When one understands this simple fact it can help inform opinions on the company as a whole. For example, it makes use of up to around 17,000 contractors. And they’re well known for being able to deliver amazingly fast results. For example, letting people use apps as part of the loan process. And then using that same app to deliver a decision within seconds.

Much of GreenSky’s efficiency probably comes from Sahm Adrangi himself. He puts results far ahead of publicity within his professional life. And Sahm Adrangi also clearly wants his company to focus first and foremost on efficient practices which benefit both GreenSky and customers alike. Given the success of both Adrangi and GreenSky, one can see that there’s quite a bit of merit to the idea.

https://www.forbes.com/sites/laurengensler/2018/04/03/financial-technology-company-greensky-ipo/#304e80ac5ede

Community Banking Leaders Help Define Innovation

John Holt is the President and CEO of NexBank Capital, Inc. and he participated in a panel discussion at the Texas Bankers Association’s 5th Annual Strategic Opportunities and M&A Conference in New Orleans, Louisiana. He lent his knowledge and expertise to the panel discussion regarding Reinventing Community Banking: Perspectives on Competing by Innovation. The discussion occurred last November and illustrates the important role that Nexbank has in the community banking world. They are well established in community banking and are a growing institution.

The Annual Strategic Opportunities and M&A Conference is a gathering of leaders in the banking industry as well as advisers, and consultants. They are able to network and discuss both challenges and opportunities facing community banks. Three main topics include strategic opportunities through M&A, organic growth, and increasing the number of branches.

Nexbank is a financial services company which helps its customers in three primary ways. These are Commercial Banking, Mortgage Banking, and Institutional Services. Their staff has great experience and knowledge and owns a track record of success. They specialize in designing unique plans according to each client’s particular needs. Their aim is to provide uncommon value with every transaction. They are industry leaders with a strong commitment to their customers.