While governments have long wielded the power over the nations of the world, entrepreneurs have generally introduced the products that have shaped its economy. Inventions such as the steam engine, have changed the economic infrastructure of the world due to their ability to increase the efficiency of travel, connecting people in ways that were, at one point, thought to be impossible. According to Patch, through innovation, a cycle is constantly created; one that brings about the end of many existing jobs, replacing them with new high-paying positions. Overall health and quality of life are often affected positively through these major market disruptions, and as creativity and entrepreneurship continue to be championed at greater rates in developing countries, their economic infrastructure begins to mirror that of the western world.
Today, in the gilded age of entrepreneurship and creativity, it has become, to an increasing extent, apparent that the real estate sector has not been as willing to accept new principles, but it is the belief of Todd Lubar, and many of his contemporaries, that by combining smart technology with real estate fundamentals, the world market will be changed forever. As items such as smart lighting, smart locks, and virtual assistants become more commonplace, so will homes that incorporate smart technology throughout. Smart homes are not only making tasks more efficient, they are also making life more accessible for people dealing with physical handicaps. The ability to control the climate of the home through voice activation reduces the chances of falls, and as the technology continues to grow, it will also increase the possibility of fully independent living.
Todd Lubar is the President of TDL Global Ventures, LLC, as well as the Senior Vice President of Legendary Investments, where services a niche market of underserved clientele. Prior to delving into the world of mortgage banking with Crestar Mortgage Corporation, Mr. Lubar attended Syracuse University where he graduated with a Bachelor of the Arts degree in speech communication. In 2008, at the mortgage industry began experiencing a number of changes, Todd Lubar branched out into other areas of business, spending time in demolition, club ownership, and the recycling industry. Check out Ideamensch to see more.