James Dondero: A Promising Business Leader

Since we live in a world dominated by business leaders, one finds it really difficult to have a promising business career without having to sacrifice too many things. Sometimes, hard work and dedication are not enough. This means that a successful businessman has his own strategies, and reputation is as well important when it comes to success in any business field. So, one has two possibilities: to lose or to use the skills and strategies of some of the most important business leaders. This is where James Dondero on jimdondero.com comes in.

The Achievements of James Dondero
As the Co-Founder and President of Highland Capital Management, James Dondero has done a lot in order to bring about the company’s success, thus affecting the finances of numerous customers. Before Highland Capital Management, Mr. James Dondero worked at Protective Life’s GIC subsidiary, and the company achieved a significant success in the period between 1988 and 1993 thanks to his dedication to work. As far as American Express is concerned, he managed almost one million in funds, and now he is the Director of MGM Studios and one of the Directors at American Banknote Corporation. Furthermore, many funds that are associated with him received many awards such as the Lipper award in 2004.  In addition to this, Mr. Dondero has an important role on other boards such as NextBank and Cornerstone Healthcare Group.

Moreover, James Dondero has been recently appointed as a member of NextPoint Residental Trust’s Board of Directors, and he also serves as the President of this organization. NextPoint Residential Trust, Inc. is focused on managing various family properties in many parts of the United States, and Mr. Dondero hopes that he will continue the company’s success in managing different business operations.

James Dondero’s Contributions to Highland Capital Management
Highland Capital Management represents an investment company that was founded in 1993, with Mark Okada and James Dondero as its co-founders. The company manages distressed investment funds as well as hedge and investment funds. It also invests in high-yield bonds, leveraged loans, structured products, and fixed income. He built this company from nothing when he and Protective Life Insurance Corporation became partners. As the company was progressing, Mr. Dondero and Mark Okada decided to found Ranger Asset Management, and after some time, the company changed its name to Highland Capital.

James Dondero helped Highland Capital Management launch one of its first bank loan funds in 2000, and the company now has more than $20 billion of assets, which proves that it really deserves its reputation. Furthermore, Highland Capital continued its expansion by combining two rate funds from Columbia Asset Management.

So, James Dondero succeeded in turning Highland Capital Management into one of the biggest equity managers due to his experience and hard work, and one of the things that make him a successful business leader is the fact that he always keeps his customers’ needs in mind so that it no surprise why so many people trust him.

The Nurturing Spirit of the Chicago Entrepreneurial Environment

Over the years, Chicago has grown to be a haven for entrepreneurs and startup companies. It provides an environment whereby Entrepreneurs can make a living and a life too. The Windy City was ranked highly by PMG as one of the most cost effective cities to do business; this might be one lure that brings them to this city. Chicago also has a highly differentiated economy encompassing sectors such as Manufacturing, Information technology, risk management and health services. Together they rake in a GRP of over $575 billion. These statistics have lured in top enterprises who call the Windy City home.

One such entrepreneur who took advantage of this city’s favorable economic climate is Majeed Ekbal. Having studied International business and Marketing at American University in Washington D.C, Ekbal set up an individual specialty grocery business called Expresso. The platform took on the responsibility to search and procure rare and uncommon food items for clients that are then delivered in good time.

Currently, Majeed exerts his skills as a Rainmaker (Relationship Management), Digital Marketer, Social media marketer, SEO analyst, health care marketer at Razorfish.
Another entrepreneur is Matt Unger, who founded Roompact, a software that helps University Administrators to predict and prevent roommate clashes. This idea was nurtured and developed by one of the City’s support structure called The Think Tank program.

The program receives support from amongst others Howard Tullman the CEO of1871 a non-profit startup hub situated in Merchandise Mart in Chicago, Illinois. The building houses over 325 digital startups. Tullman and his team aim to provide Chicago entrepreneurs with education, and inspiration by aiding access to countless mentors, lectures, seminars, classes, and panels.

Another beneficent of the think-tank program is Allison Bedell an engineer and human-centered designer focusing on the medical device industry. Allison received a BS in Biomedical Engineering and after that an MS in Engineering Design and Innovation from Northwestern University. It exposed her on how to cultivate innovation and thus went on to design user-centered health and end user solutions for companies like Samsung and Procter & Gamble after she went on to set up her medical device startup. Allison was recognized by the James Dyson Foundation for work on this device and attributes her accomplishments to the attentive fusion of ideas and effective collaboration with other teams. She aims to continue aiding in the innovations in medicine and making a substantial change in the lives of patients, either by improvements in medicine or patient experience.

This generation of mentorship and venture capital is allowing startups to flourish and with it exploiting talent from a large number of graduates from the cities universities and others from other states. However, experts say that the City has a long way to go in retaining all of this human capital, especially in the Technology field.