Indegy Acquired by Tenable to Enhance Cybersecurity & Operational Technology

A lot of people use fast vpn servers as a way to enhance cybersecurity, but there’s a lot more to cybersecurity than just a VPN. This is why the Tenable acquiring Indegy is a great move for the future of both IT and OT. It will bring a lot more cybersecurity options to the people and to those in the business world. The deal, which was made in all cash, was finalized on Monday and worth $78 million.

Tenable was looking for ways to enhance operational technology security, which is where Indegy comes into the picture. Indegy was founded back in 2014 and has been steadily growing ever since. The main goal of the company is to make sure that operational technology is secure for industrial equipment and other devices. In this day and age, as we face more cybersecurity threats, this acquisition is needed. Tenable has offered solutions on how companies can protect themselves from these cybersecurity breaches.

Tenable & Indegy Together Will Improve Cybersecurity Measures

The CEO of Tenable, Amit Yoran, talked about how great this acquisition is and what it could really do for cybersecurity. Yoran said that the company is looking to give CISOs the ability to make the decisions on a business level about operational technology security. When it comes to vulnerability in the IT world, both of these companies are leaders and pioneers. That means this acquisition will bring together both IT and OT security. This type of acquisition and merge for IT and OT is a first for the industry.

Indegy is a fairly small company, with only about 60 employees altogether. These 60 employees will now be joining Tenable. Even the CEO, Barak Perelman, is going to be joining Tenable in a vice-presidential role. Perelman moving into this position will bring his level of expertise to the company. Tenable itself is really good at marketing and sales and Indegy is very good at operational technology security.

Tenable Will Integrate Indegy Technology in 2020

The really cool part about this news is that the Indegy technology is going to be integrated into Tenable offerings starting in 2020. Tenable will be expanding the product line in the operational technology sector thanks to this acquisition. Some of the offerings will include enhanced cybersecurity measures for the public. One that is coming is the ability to notify a user through notifications if a device is at risk or possibly at risk. Tenable has a lot of ideas to bring to the public in 2020. Many of these new and improved offerings are still in the early developmental stages.

Tenable and Indegy will really kick off these enhanced cybersecurity products and services in 2020. This acquisition is surely to help bridge the gap between IT and OT and it will be helpful in the business world. We will keep you updated on more details about Tenable and Indegy as they become available. In the comments below, we want to know what you think of this deal. Do you think that there needs to be more partnerships or acquisitions when it comes to the OT and IT world? Are you excited to see how this will enhance cybersecurity as a whole?

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Tim Ferriss Net Worth – $20 million

How Did Tm Ferriss Make His Money & Wealth?

The majority of Tim Ferriss’s wealth comes from book sales and investing. Some sources estimate his net worth to be as high as 100 million. Along with his 4-hour series of books, Ferriss also speaks at events, hosts a podcast, blogs, and is an investor in many large companies. His presence at events often commands large figures.

It seems that Tim Ferriss has a magnetic aura that causes people to follow him wherever he goes. As a result, some publications have named his powerful influence the “Tim Ferris Effect”,similar to the Oprah effect. Things that Ferris promotes tend to greatly increase in popularity.

How Did Tim Ferriss Get Rich?

Tim Ferriss has created an internet cult following from his “4-hour” series of books. His first book, The 4-hour Workweek has sold over 1.3 million total copies. Ferris has successfully managed to leverage his profits from his books into creating highly influential brand. As a result, he is now profiting from his powerful influence.

Ferriss was born in East Hampton, New York on July 20th, 1977. He lived a fairly normal life prior to graduating from Princeton University in 2000, where he received a degree in East Asian studies. After he graduated, he was employed as a salesman at a data storage company. Desiring more freedom, he decided to create a company.

In 2001, Ferriss created brain supplement company BrainQuicken. BrainQuicken was an online company that sold two major products, BrainQuicken and Body Quicken. The products claimed to improve short term memory and reaction times. Ferriss sold BrainQuicken for an undisclosed sum to a London-based private equity firm in 2010.

Running BrainQuicken was extremely tedious initially. Frustrated with the demanding workload, Ferriss began to outsource simple task overseas while traveling. Eventually, Ferriss was maintaining a steady cash flow while juggling the management of his business online form all over the world. After much experimentation, he was creating more output with significantly less work. The experiences he had with his company inspired him to write The 4-Hour Workweek.

In 2007, Tim Ferriss published The 4-Hour Workweek. The book was rejected by 25 publishers before it was accepted. Upon its release however, the book was practically an overnight success. This was due in part to Ferriss’s aggressive marketing strategies.

The incredible success of The 4-Hour-Workweek prompted Ferriss to create a series of books built on the “4-hour” premise. He came up with idea for 4-Hour Body after noticing many of his blog visitors found his blog after searching for weight loss advice. Like many entrepreneurs, health nut Ferriss believes that fitness goes hand-in-hand with self-improvement. He interviewed over 200 experts to create his fitness and “body hacking” guide.

Ferriss released The 4-Hour chef in 2012. The book was created as a “cookbook for people who don’t buy cookbooks”. It also explores many themes of learning and self-improvement. The book was boycotted by many major booksellers due to a strike against Amazon publishing. As a result, Ferriss sided with several several unconventional sponsors. These included Panera Bread, Taskrabbit, and even BitTorrenting providers.

After publishing the 4-Hour Trilogy, Ferriss decided to broaden his focus. He began to invest in various major companies and created his podcast, the Tim Ferriss show. In 2016, he published Tools of Titans, a compilation of strategies from his many successful podcast guests.

Tim Ferriss Personal Life and FAQs

Being a tech investor, Tim Ferriss has taken up residence in San Francisco. Prior to moving, he was able to purchase a $500,000 home in San Jose, CA where he wrote the 4-Hour Workweek.

Ferriss has donated large sums of money to various causes. He has donated over $250,00 for underfunded schools and has been involved in several initiatives to increase world literacy. He founded over 145 school projects with Stephen Colbert. He has also raised money for medical trials.

Ferriss has many hobbies and interests which he has cultivated with the many learning strategies he taught himself. He speaks multiple languages, practices martial arts, tango dancing, cooks, and acts. He is currently single.

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Lopez is an entrepreneur, a life coach, and self-help guru who sells his materials online. His most popular program is his 67 Steps PDF, which he markets as a surefire method to achieve what he calls “The Good Life”. He also has free content he posts on his website and Youtube channel.

Tai Lopez Net Worth – 20 million

Before Tai’s mass ad campaign, Tai Lopez was estimated to be worth 3 to 7 million. He was without a doubt rich before his skyrocket in popularity, as his ad campaign easily cost him millions. After his ad campaign and subsequent rise to fame, his net worth was estimated to have increased to 20 million dollars.

How did Tai Lopez Get Rich?

Tai Lopez is known for his advocation of knowledge through reading. He claims to have read thousands of books throughout his lifetime, and personally claims he reads a book every day. He even has a TED talk on the importance of reading, which currently has over seven million views. Lopez believes that books allow you simulate alternate realities and gain wisdom to prevent fatal mistakes you would have made otherwise.

According to interviews and his official channel, Tai Lopez grew up with a single mother and had a strained relationship with his scientist father. He did not grow up wealthy.

He does say he attended college, although he does not mention his major or where he studied, just that he dropped out. Before making his millions, Lopez lived with the Amish for two years, volunteered at a leper colony in India, and then worked with mentor Joel Salatin at Polyface farms. By that point in time, he was sleeping on an old couch in a mobile home with only $47 to his name. He only turned the tides after personally calling multiple millionaires and convincing five of them to mentor him.

Tai Lopez was a self-made millionaire before the age of 30. According to his LinkedIn profile, he worked as a wealth manager with GE during the early 2000s. He then owned his own wealth management company until 2007. After that, he became the owner of Elite Global Dating, LLC, the parent company of several dating websites.

He then expanded to social media as a means of profit. Lopez claims to have been one of the first people to have used Facebook for marketing. He does not deny allegations of paying for ads and views, openly admitting to doing so.

Lopez launched his infamous ad campaign roughly around late 2015. On September 2nd, 2015, Tai Lopez posted “Here In My Garage”, his most famous video featuring a Lamborghini Murcielago received over 1 million views overnight. Just days before, Lopez released mass quantities of ads that plastered his face all over social media. His views subsequently shot up from just one million monthly to nearly 100 million.

Lopez used the notoriety from his ad campaign to market his “67 Steps” program, a paid subscription that included his 67 Steps to Success PDF, book of the day recommendations, exclusive “super bonus content”, and even regular one-on-one calls with Tai Lopez himself.
Tai Lopez also offers the “Accelerator” program, a 4 month intensive program that costs $997 per month – a grand total total of $3988. He also offers real estate and social media agency programs that each cost $997.

Lopez claims to have over 100,000 people subscribed to his 67 steps program. If that claim is true, he’s raking in 6.7 million dollars per year. This doesn’t include revenue from his more expensive programs, ad revenue from social media, sponsorships, and other cash streams that are easily netting him millions more each.

Tai Lopez Personal Life and FAQs

Tai Lopez was born on April 11, 1977, making him 39 years old. He has no wife or children. He is likely not in a relationship, as his Snapchat stories and Youtube videos often feature groups of attractive young models.

Many people accuse Tai Lopez of being a liar and a scammer. In several of his videos, he appears in the backyard of an opulent mansion. Internet searches by Youtube comedy channel h3h3productions revealed that the mansion was a rental property. In another video filmed in a Lamborghini, a rental tag could be seen hanging from his keys.

However, Lopez never claimed to actually own either of those things. Additionally, an interview with Vice in 2015 revealed that he actually owns several supercars. He also does have a house in the Hollywood Hills, although it is not as luxurious as the one he rented to show off.

Many reviewers praise Lopez’s expertise and knowledge. Numerous reviews of Tai Lopez’s programs have criticized their quality. Additionally, many people who purchased the the program were not made aware of the fact it was a subscription, not a one time fee.

Tai Lopez’s first business venture, Elite Global Dating, was equally shady. The website was founded on the business model of matching attractive young women up with rich men. Customers complained of being hit with recurring payments without given any inclination they were signing up for a subscription. Additionally, they also claimed they only got their money back after calling the company and their bank repeatedly.

It seems Lopez has learned from his past mistakes, if allegations against Elite Global Dating are true. The information within his 67 steps program has received more praise than criticism, and Lopez regularly posts new free content on his internet accounts.

There is little concrete information regarding Tai Lopez other than the bio on his own personal website. The majority of information on him is purely speculation and hearsay. Tai Lopez is nonetheless benefiting from his mysterious reputation regardless if he is another “guru” or a real entrepreneurial innovator.

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10) ABC Passes On The Cosby Show

Sometimes you win, but sometimes you lose. This was the case with the ABC, when they passed on The Cosby Show just a few years after they started broadcasting of Monday Night Football. In the 1980s, this network stuck in the third place and could not go any further. The only thing that was functioning good was MNF, which was their most-popular program. Lewis Erlicht, Entertainment Division president, was the first one to receive Cosby’s offer, but he turned it down. Erlicht said that Cosby asked him to release the series without releasing of the pilot episode first. The NBC saw the opportunity and took it. The series became an instant hit and it catapulted the NBC to the number 1 position among the networks.

9) CBS And NBC Pass On Monday Night Football

In the 1960s, baseball was still holding a number one position in American sports, but football was right next to it and was slowly becoming the country’s passion. The merger of the AFL and the NFL created the new league that exploded in popularity and became one of the most valuable television properties. Pete Rozelle, the commissioner of the NFL, after foreseing the success of the game, approached NBC and CBS to propose a contract.The networks couldn’t make a deal, because they didn’t want to sacrifice their most successful programs, like Laugh-In and the Doris Day Show.The last-placed ABC, successfully negotiated the contract and Monday Night Football became one of the all time highest-rated television series.

8) Decca Records Passes On The Beatles

On New Year’s Day 1961, The Beatles had an audition for Decca Records. Due to the groups nervousness and eager to sign a record deal, they put up a really bad performance. Still, they were feeling very good about their chances, and were hoping to successfully proceed to their next career phase. But Mike Smith, A&R representative, made the decision to instead sign Brian Poole and the Tremeloes, a local act from London. Decca Records explained that the guitar groups are on their way out and that this was a safer choice. After a few years, The Beatles became the best-selling band in the world and started a cultural revolution.

7) The New Formula For Coke

In 1985, Coke was almost 100 years old. It was the world leader of soft drinks and a great marketing force. So, there was no need for drastic changes and that’s why a great number of Coke drinkers were confused with the unveiling of the New Coke. Coke formed some kind of the emotional connection with customers because of its specific and different taste. The connection they had was strongly compromised and the company received a great number of complaints. Eventually Coca-Cola was forced to admit they made a mistake, although the New Coke received good ratings in taste tests. After that, they released Coca-Cola Classic to revive the brand.

6) M&Ms And The E.T. Appearance

One of the most popular candies in the last 30 years were Reese’s Pieces and one the main reasons of their popularity was the appearance in the E.T. movie. In the movie, Elliot used the candies to bring the little alien out of his hiding. But, if The Hershey Company can thank to anyone for their success, it is surely their competitor Mars, Inc. The “role” in the movie was first offered to Mars, Inc. but they turned it down and it is still unclear why they made such a decision. There were many possible explanations that have been heard throughout the years. One of them was the claiming that the Mars had reached their advertising budget limit.

5) Western Union Passes On The Telephone

Due to its telegraph monopoly, Western Union was a communications giant. So, in 1876, they felt really no need to take any risk they considered unnecessary. And, when Gardiner Greene Hubbard offered them to sell the telephone patent for 100,000 dollars, they turned it down. President of the company, William Orton, turned down the Bell Telephone company offer. Orton said that the invention had a lack of any “commercial possibilities” and looked like an “electrical toy”. Western Union missed their opportunity and AT&T slowly became the leader of America’s telecommunications.

4) Edwin Drake And Patent Of The Oil Drill

In 1858, it seemed nearly impossible to extract great quantities of oil from the reserves. Drake was stationed in Titusville, Pennsylvania, where he spent years trying to find a solution, but still getting no results. So, Drake employed a local blacksmith, constructed a crane out of wood and put a pipe around the drill to keep the water out. After weeks of drilling, Drake finally made it happen. Unfortunately, the company fired him and he lost everything he had on Wall Street, trying to use the opportunity of getting rich quickly. He failed to patent the invention and it resulted in losing of millions of dollars. The oil barons and the State of Pennsylvania eventually expressed their gratitude and paid him off.

3) Excite Passes On Google

Todays value of Google is around 180 billion dollars, which is a little bit more than the 750,000 dollars price offered to Excite for purchasing Google in 1999. At that time, Excite was one of the most popular search engines, which stood at the front of the “.com” boom. Sergey Brin and Larry Page, the founders of Google, recognized the reputation of Excite. So, they made an attempt on sellling their search engine for 1 million dollars. They even reduced their demanded price by 250,000 dollars and still being turned down. Later, AskJeeves purchased the Excite company, which was followed by a major decrease in the stock value.

2) IBM And Microsoft On Retaining Copyright For DOS

IBM was the computer industry leading company in the 1980s. But then, the IBM approached Bill Gates and asked him to develop an operating system. Gates saw the opportunity and provided PC-DOS under specific conditions. He asked only 80,000 dollars and agreement stating that the Microsoft can retain the platform copyrights. Microsoft then created the MS-DOS system and started a great software revolution. From that day, the Microsoft company became the king of the computer software industry.

1) Ross Perot Passes on Microsoft

In 1979, Electronic Data Systems company owned by Perot, was worth around 1 billion dollars. While the company was looking for the smaller companies to invest in, they saw Microsoft as a great opportunity due to the fact they could potentially make a valuable software. Gates was happy with the entering in the corporate marketplace, but he didn’t want to undersell his work. Bill demanded around 50 million dollars, but Ross Perot didn’t see it as a reasonable price at the time and refused the offer. Perot later told that it was maybe the biggest mistake he ever made.

So, this is our top 10 list of the greatest business mistakes ever. Do you agree with us? Have you heard of some great business mistakes that we didn’t mention? Leave your opinion in the comment section below.

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Aaron Krause, from Philadelphia, came to the shark tank in October 2012 with a scrubbing product that he believed would make everyday cleaning easier. Doesn’t sound too exciting does it? Well it did when Aaron shared it with the sharks.

After announcing that he was seeking a $100,000 investment in exchange for 10% equity in the Scrub Daddy business, Aaron launched into a fast paced, almost frantic introduction of Scrub Daddy. He described it as the cutest and most high-tech scrubbing tool in the World. The sharks looked doubtful at that, seemingly unimpressed with what looked like an everyday sponge with a smiley face carved into it.

Explaining that the sponge completely changes its texture when immersed in water of different temperatures, Aaron exhibited this impressive quality by briefly soaking two identical sponges in separate bowls of water, one hot, and one cold. He then demonstrated that one of the sponges remained soft and springy, yet the other had become rock-hard, fully able to support a ten pound weight.

While the sharks were still taking this in, Aaron moved at breakneck speed into a demonstration of the now hardened sponge on a stainless-steel pan and a glass stove-top, removing stubborn stains to great effect, using just water, and without scratching.

The sharks were looking fairly impressed by this stage, but Aaron, who didn’t seem to need to draw breath throughout the demonstration, showed how easy it was to restore the now filthy sponge back to its former pristine state with just a quick rinse of water. He finished off with a demonstration of how the smile, not just cosmetic, but functional as well, could be used to clean both sides of kitchen utensils easily and quickly.

The sharks were impressed by the enthusiasm and quality of Aaron’s pitch and there were appreciative comments from them all when it was completed.

Daymond John commented that the pitch was incredible, and asked if Aaron had samples, which were handed to the sharks. Lori Greiner, the queen of QVC asked where Scrub Daddy was currently being sold. Aaron explained that five supermarkets in the Philadelphia area were selling the product, and it was also being sold from the Scrub Daddy website. Aaron had, in addition, also appeared on QVC three times with great success, being invited back every time and achieving a 30% increase in sales after every appearance. Robert Herjavec asked what the total sales had been so far, and looked impressed at the answer of over $100,000 in only four months.

When quizzed by Kevin O’Leary what the $100K investment would be used for, Aaron outlined his plan to set up his own manufacturing facility, as the current manufacturer would be unable to meet the future demand that he expected his product to have within a suitable time-frame. He explained he had many years experience managing a manufacturing plant and needed a strategic partner to help him open up the retail opportunities for his product.

He was then asked about the cost, which was approximately $1, with a retail price of $2.80. Kevin and Robert expressed doubts at the high-price and Aaron defended it, stating that it was a top-quality product which couldn’t be compared to a cheap low-quality one. After some discussion of sales strategies, Robert dropped out of the negotiations, unable to see a viable market.

Mark Cuban, expressed doubts about the profitability and market for a single product mainly sold through QVC. Aaron countered Mark’s doubts by explaining his plans for a range of associated products that would be brought out in the future, exclaiming at one point ‘you don’t know who you’re dealing with’, which made the sharks smile, but ultimately, Mark was still unimpressed, and also dropped out.

An amazing round of offers and counter-offers.

Kevin O’Leary stepped up with an initial offer at this point, offering Aaron the requested $100K, for 50% of the company, but Aaron didn’t seem impressed with that at all.

Daymond expressed his admiration of the success that Lori had had with QVC in the past, and offered $50,000 in exchange for 15%, but on the condition that Lori and Aaron could agree on a deal for the other $50K that Aaron had requested.

All eyes went to Lori, the clear authority amongst the sharks for this type of product and business model. Describing the Scrub Daddy as a hero, and not a zero, she rebuffed Daymond’s offer with a stinging ‘No offence Daymond, but I don’t need you’. She went on to offer Aaron the full $100K in exchange for 30%, further sweetening the offer with a confident claim that she could get the product sold in stores nationwide within weeks.

Kevin O’Leary, seeing a money-making opportunity slipping away from him at this point, then made another offer with unusual terms. He would give Aaron $100K for no claim in the company, but in exchange for 50 cents on each unit sold, until the $100K was repaid, and then a further 10 cents per unit in perpetuity.

The negotiations began to speed up now as all the sharks tried to get in on what they clearly saw as a good product with a bright future. Daymond increased his offer to £150K for a 25% stake in the business.

Aaron, looking very happy by now, barely had time to consider this before Lori moved in again with an improved offer, $100K for only 25% of the business this time, stressing to Aaron her vast experience in the cleaning products market, and her extensive retail contacts.

Kevin wasn’t going to let that ride, asking Aaron why he would want to give away any part of his company when he didn’t need to. Lori once again stressed her superior contacts within retail and how she could give Scrub Daddy the best coverage and retail opportunities.

Things became slightly heated at this point, with Lori, Kevin and Daymond all speaking and trying to convince Aaron of the relative benefits of working with them.

Robert, no longer directly involved in the negotiations, tried to help a flustered looking Aaron out at this point by attempting to recap all the offers available to him.

Lori improved her offer yet again before he could even finish, now offering $150K for a 25% stake, also promising Aaron ‘I’ll make you a millionaire, within a year.’

A shell-shocked Aaron had barely even considered that before Daymond jumped in yet again, offering $175K for 25%. Within a second Lori upped the stakes even further, ‘Mine just went to two’ she said to general amazement, now offering $200K for a 25% stake.

Daymond dropped out at this point, cheekily suggesting he had cost Lori an extra $100K with his additional offers, she didn’t seem particularly upset.

The incredible string of options offered to Aaron weren’t completed yet, Kevin then offered to let Aaron repay a $100K loan at a reduced rate of 25 cents per unit, and after some bargaining from Aaron, agreed to only 7.5 cents per unit in perpetuity after the loan was repaid.

Under great pressure from all the remaining involved sharks, and clearly overwhelmed by the wealth of different offers available to him, Aaron asked Lori if she would consider dropping her share of the equity to only 20%. After a second long pause, Lori agreed and a delighted Aaron instantly confirmed they had a deal.

There have been few other episodes of shark tank where the predatory tactics of the sharks competing for a deal have been so clearly displayed, and the fantastic result achieved by the immensely likeable Aaron after such a remarkable string of offers would bring a smile to the hardest of hearts.

Scrub Daddy Now in 2018 Update

Its no real surprise that a product that got the sharks into such a frenzy of excitement has not only done well, but has become the most successful product in the shows history. With over $50 million in sales and over 10 million units sold.

Following his appearance on Shark tank, Aaron was approached by Bed Bath & Beyond and ShopRite and he quickly secured deals with both companies. With the assistance of Lori Greiner, it wasn’t long before deals had also been secured with some giants of retail, Staples and Target, with an additional deal with Ace Hardware following shortly afterwards.

Manufacturing is now done in-house, with Scrub Daddy employing 50 people in its factory in Folcroft, Pennsylvania. Aaron has made good on his claim to develop additional products. Along with Lori’s help, the Scrub Mommy and Sponge Daddy are now also available alongside the original Scrub Daddy.

Aaron and Lori continue to work closely together and have forged a strong business relationship that has taken the company to deservedly great heights. The incredible success enjoyed by both of them hasn’t stopped the irrepressible Aaron aiming even higher, he wants to make Scrub Daddy a Worldwide household name, alongside such cleaning giants as Brillo and Lysol. For Aaron, and for Scrub Daddy, the future is as gleaming bright as the dishes that it cleans.

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