The upsurge of a entrepreneur top professional : Sean Evans California: Davis, California is where Sean Evans was born and raised. Sean went to college in Oregon. He is currently based out of San Diego, California. West Coast wine culture has an influence on Sean – an American of mixed heritages that was instilled with the value of a little elbow grease, the importance of community and family, and the ever lauded California mind state. In addition to My Wine Society, Sean founded Blended Festivals, the world’s fastest growing music festival in the world. Where there was once nothing, Sean Evans loves to identify a problem and create a solution. Everyone is either going into a crazy time in their business, coming out of a crazy time or they’re in a crazy time. No matter which part of the storm you’re in it will come and it will pass. It’s important to keep a level head and just keep pushing forward. I’ve never closed one of my companies, even in the worst of times. You’ll always find a way back into the light and be successful as long as you keep moving forward! Find more information on Sean Evans.
Q: When you were starting out, was there ever a time you doubted it would work? If so, how did you handle that? The partners and I were skeptical of our own idea for a wine drinking social media platform. At the beginning of MyWineSociety’s inception there was a lingering doubt if it would be a great idea to develop. Luckily, MWS is faring well! It was our passion and love for wine that pushed MWS to the level it’s at today. How did you get your first customer? My Wine Society’s first customers came from wine conventions. When we launched the My Wine Society wine subscriptions we found an even larger base of customers to grow our business with.
Q: Can you tell our readers what it is about the work you’re doing that’s disruptive? When the pandemic hit, the medical supply industry was turned upside down. We have been able to make some meaningful and lasting relationships by providing gloves for hospitals, governments and frontline workers when they needed it most. We hope to continue those relationships long into the future! Can you share a story about the funniest mistake you made when you were first starting? Can you tell us what lesson you learned from that? We made the mistake of accepting credit cards for wholesale accounts. Early on we sold a fairly large order, I think it was $30,000, to a new customer and allowed them to use their credit card. We arranged shipping and sent the goods up to Canada. As soon as they got the tracking info, they called the credit card company and reversed the charges. We never saw the money or the product again unfortunately. But we quickly learned to only accept wire transfers for new customers!
It gives you a sense of direction and makes you more clear on what you want to achieve and it also makes the decision making process easier. You can focus on doing the things that take you towards achieving your objectives.
Sean Evans or the ascent of a business entrepreneur leader: So what does it mean to bring on an individual or family investor in lieu of going the traditional VC route? These individuals often wish to stay in the venture investment game, but desire more transparency to underlying investments than the traditional venture investing experience provides. They also want the ability to cherry-pick the best deals. In addition, they want to avoid paying the typical “2 and 20” — a deal structure that requires investors to pay a 2 percent annual fee (some as high as 3 percent) to the VC firm on top of the 20 percent return on investment. This is why we’re seeing more of the mega-wealthy groups in the region move away from only investing in private equity funds to increasingly working with their family offices to find the right types of direct investments that fit their long-term wealth-generation strategies.
In the future, entrepreneurship will be more accessible than ever. There will be more opportunities in emerging markets and there will be less barriers to entry. Entrepreneurship is not just about business ventures but also about innovation and technology. With the world becoming more and more globalized, many opportunities are emerging as well. Entrepreneurship is a way to take advantage of these opportunities and make your own business to earn money and create jobs. Entrepreneurship is not just about starting a business. It can also be about finding a new opportunity in the market or creating something that will change the world. Entrepreneurship can be applied in any field you want to work in.
Entrepreneurship is a way of life. It’s about taking risks, exploring new opportunities and being creative. Entrepreneurship is the driving force behind innovation and economic growth. The future of entrepreneurship will be shaped by three major trends: New emerging markets, technology and funding. New emerging markets will provide opportunities for entrepreneurs to explore new markets as well as new business models. Technology will enable entrepreneurs to create products that reach more people in more places than ever before. Funding will be available in greater quantities, from more sources than ever before, allowing entrepreneurs to pursue their dreams without worrying about how they are going to pay for it.
Generally, it is a must for companies to register and maintain their profiles and data with the Company Registrar. However, you can feel secure as all information of identity would be kept confidential. Many offshore countries shall not disclose the company’s beneficial owners, directors, and shareholders to the public, except in certain cases like a court order or international arrangements between related overseas jurisdictions. Many jurisdictions provide an excellent cover for your assets. Besides financial privacy policies, you can benefit from the foreign judgment denial. This means, your assets are shielded against the judgment made by foreign courts. Only the court of the incorporation jurisdiction can place a judgment on the assets.
Sean Evans or the upsurge of a entrepreneur top professional: Build a good team. Yes, you must be the brain of all activities and decisions, but your team matters too. Without it, the work cannot be completed, and the desired success will be delayed. So make sure you have professional people around you who are doing well in their field and who can help give your company added value. What you do, your actions matter most. Thus, you take care of the image that you post, because in the end you represent your company and you are solely responsible for it. But do not try to look like someone who you are not, because you will seem fake and you will not inspire confidence. On the contrary, choose to be yourself, honest and open and people will appreciate this. Perhaps the least interesting activity of an entrepreneur is the one regarding the legal and tax aspects, but these are essential both for the success of the business and for the peace of the entrepreneur. In addition, it is much more difficult and costly to try to repair such mistakes later, so together with your consultant or your accountant and notices are needed, which is the tax regime, etc.