Malcolm CasSelle has built an impressive career as an investor and entrepreneur. CasSelle has more than two decades of experience working with major companies. CasSelle has invested his time and money into major brands like Facebook, Zynga, and Bitcoin. He has a passion for business and technology and understands what it takes to have a successful business.
Malcolm CasSelle got his start by studying at the prestigious MIT. While there he earned a bachelors degree in Computer Science. Just years later he attended another well respected institution- Stanford. CasSelle’s education was the springboard for a great career. Soon after college he co-founded and served as the CTO of NetNoir. This company was one of the first media production websites focused on Afrocentric culture. Soon after he moved to another leadership position when he became the director of Capital Union Investments. For more than seven years he managed private direct investments for this company. CasSelle’s experience also includes time as CEO of the global social network Xfire. CasSelle has gained a wealth of experience as an entrepreneur.
CasSelle has become very popular as the president of WAX (Worldwide Asset eXchange). This platform is transforming the way people think about gaming. WAX enable anyone to control a fully functioning virtual marketplace. This is all done with zero investment in security or payment processing. This platform will serve more than four hundred million online players who already buy and sell game items. CasSelle is convinced that WAX will be a massive success. He was quoted as saying “It is a platform like no other for the video gaming world.” The platform itself is evidence of a huge shift in the gaming world.
CasSelle’s platform WAX uses an online currency known as WAX Tokens. This currency allows users to buy virtual goods. The overall WAX Ecosystem is composed of five basic parts. These parts are store owner, guild, transfer agent, appraiser, and asset creator. Malcolm CasSelle strongly believes that WAX is a much better system that anything on the market. He appears set to revolutionize the way gamers do business online.
Very few individuals would be so bold as to buy a supplier to a dying industry. Gregory James Aziz, however, is one of those bold people. A successful businessman and investor, Gregory J. Aziz has been known to take companies that are either failing or that are local and expanding them into international superpowers in their industries. In 1994, Aziz had just purchased National Steel Car, and he was about to turn this local manufacturer of rolling stock on the brink of bankruptcy into one of the last remaining successful rolling stock titans in the industry.
National Steel Car had a reputation in Ontario for producing low-cost railcars that would withstand the test of time. Founded in 1912, it seemed like no matter how many depressions and acquisitions this company was put through, it would always prevail. However, in the last 1970s when the logistics game started to lean towards trucking instead of railroads, NSC saw its sales start to fall. New owners were brought in, but they only seemed to be interested in the assets at National Steel Car and did little to take care of the customer relationships and the equipment. NSC soon fell by the wayside, and newer, better-engineered railcars became the new standard.
When he purchased the company in 1994, Greg Aziz knew that he would have his work cut out for him. Not only were railroads a semi-failing industry, but National Steel Car had no strategic plan and the management team had no direction. Aziz made it clear when he took over the company that the new plan would be to focus on engineering and design to make sure NSC’s cars were the best out there. He wanted the customers to know that they would not have to purchase new cars every year because of new safety regulations or because the cars would be worn out.
Aziz also made sure that more capital was invested in the company. He purchased new machines and equipment, increasing the production capacity of the plant from just 3,000 cars per year to over 12,000. He also hired thousands of additional workers to take on the extra demand the company was seeing from its marketing campaigns. See This Page for additional information.
Now National Steel Car is one of the only providers of rolling stock to the major railroads left in business. It is bringing in hundreds of millions of dollars each year in sales, and its capacity has never been higher. For more than a decade NSC has been recognized by the TTX Supplier Evaluation Committee for supplier excellence. Thanks to his business acumen and innovative strategies to get companies back on their feet, James Aziz has ensured the future for National Steel Car.
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