April 29, 2024

Business Bib

Business & Finance Blog

Purchasing Scenario with ValueMags

2 min read

ValueMags President, Andrew Degenholtz, has learnt from many mistakes in his life, accumulating experience, making him such a knowledgeable CEO today. Degenholtz’ biggest mistake was how he purchased an apartment for its looks rather than its practicality after going to university. The commute to his job was long and it was not in a populated area which opposed the lifestyle the ValueMags President was seeking in his young 20’s.

Degenholtz just finished university and had a steady income of $55,000 per year and was planning to move out of his parent’s home. He was looking at apartments, condos and houses and was not sure one would be the best investment for himself. He compared many homes and apartments but it was hard to identify what was the best fit within his budget. Surely now, as the President and CEO of ValueMags, a national distributor of magazines, it is a little bit of a different story.

At the time, an apartment with location wise sense that would take the least amount of time to get to work was ideal. Commuting from location to location would also be more desirable for an individual that has an entrepreneurial attitude and a fast paced lifestyle like Andrew. Taking the subway and bus could be long, especially in the winter in Chicago.

ValueMags president wants his readers and followers to not make the same mistakes he did. Everyone does make mistakes but if he can save his followers and clients time and effort, he will. Time is more and more of the essence in our fast paced society. For more information about where Degenholtz is today and what he is doing next, visit the ValueMags new blog!