There are businesses today that don’t grow because they’re taking too many risks. Risks are okay in the right places, but the best thing to do these days is to make sure that one survives first. One should first ensure that there’s no threat to one’s survival in the business that one takes. One should first make sure that the representation of the business in the market is reliable, solid and robust. Otherwise, there’s going to be more risks to the operations and lengthening of a company. This is the concept, idea, and axiom that builds the foundation of Fortress Investment Group under the leadership of Randal Nardone, the co-founder of the firm. With him, Fortress Investment Group has made a name for being one of the largest alternative asset management companies today.
The Randal Leadership
It’s not that hard to get our head around the contemporary success of Randal because we already know from the start of the creation of Fortress Investment Group that he has the passions, actions, dedication, and power to further the brand’s mission. It is said that the worse that one is in, the better it is for the creators of the company to find hope in what they do. In the case of Randal Nardone, he went through all the challenges of raising funding, gaining people’s trust, and pushing his determination forward despite the risks. It was not long before his efforts paid off, as he victoriously gained the Rank #557 in the World’s Billionaires of Forbes’ list. His net worth when he reached such position was about $1.8 Billion, which is a fantastic record.It may be a great help to the success of Randal Nardone that he’s based in the United States, where there is so much potential and tinkering that creates business’ growth and discover solutions for world problems. Solving these problems get to the point of the problem and address them so that the companies can increase their profit and income shares. Being able to address these problems can also make sure that the company that can solve them would sustain its success and current ranking.
The Responsibility of Randal Nardone
Fortress Investment Group LLC has been noted as the highly diversified and leading investment management firm tody that has reached to about $43.6 billion in assets, as of assessment on December 31, 2017. His main responsibility in the growth of the company is in being the principal and member of the Board of Directors of the firm. He’s also the interim Chief Executive Officer from 2011 to July 2013. Through him, the company has made the wisest, most robust decisions that would shape the future not only of the company but of Randal Nardone, too.Before being part of Fortress in 1998, Mr. Nardone was also trained in executive position for being the principal of BlackRock Financial Management. It also helps to know that he got a B.A. in English and Biology from the renowned and respected University of Connecticut. Its impressive that he has the mix of formal training and experience-based education that can only be acquired through risk-taking and tinkering.