The growth of a entrepreneur leader : Sean Evans California: Sean Evans grew up visiting his family cattle ranch every Thanksgiving. That same ranch is now the location of his family winery. The values and closeness of Sean’s early Thanksgivings with family translated to the founding of My Wine Society. The community life that was important to Sean’s upbringing is noticeable in many of the social features of the My Wine Society app. Sean’s creativity and ability to connect with people extends into the MWS Loyalty Club, a monthly subscription box that sends members wine and gifts in a themed box every month. Discover even more information on Sean Evans.
Q: What is the toughest decision you’ve had to make in the last few months? My Wine Society is a fun company. We provide people with wine and wine accessories. It is difficult to have a tough time. The toughest decisions I have to make for MWS are related to budgets, employees, and wine. The decisions aren’t tough when you act decisively. What do you think it is that makes you successful? My success is found in the ability to learn from my mistakes. Successful entrepreneurs will tell you that mistakes are easy to come by. You will hear that people love to point the mistakes out when you make them. I try to take note of where the mistake was made and adjust (or adapt) so I never make the same mistake twice.
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!
Don’t try to be everything to everyone. Focus. Relentlessly grow as a professional. Have a vision for yourself and pursue diligently. Though progress requires action, sometimes we can be too quick to act. Sometimes a momentary pause is all we need to see a challenge from a different perspective, therefore resulting in a different and more effective approach. Thinking and acting are not mutually exclusive. Switching perspective from “me” to “you” switches everything. The saying “people don’t care who you are until they know what you can do from them” is absolutely true! Anyone wanting to influence anyone else must first know what is already influencing them. You do that by asking enough questions to truly understand what they need, and then packaging what you want in a way that meets their needs first.
The growth of a serial entrepreneur expert : Sean Evans: Companies currently raising rounds of venture investment are inevitably learning some hard truths. Primarily, VC dollars aren’t as readily available as they were in previous years due to COVID, and for the companies that are receiving funding, they’re finding that the terms are becoming increasingly less palatable. The good news for startups looking for funding is that a new pathway for direct investment is emerging: the family/multi-family offices of wealthy individuals and families. Single-family offices (SFOs) were first pioneered by the Al Futtaim’s, Olayan’s, Mansour as a way to centralize the management of the family fortune. Multi-family offices (MFOs) work under the same concept, but typically work with several wealthy families instead of just one. These offices traditionally managed investments and handled administrative items, like accounting and tax planning, property management, payroll activities, succession planning and legal affairs.
Entrepreneurship is a way of leading the future. It is about creating new opportunities and emerging markets. Entrepreneurship can be defined as the process of designing, launching and running a new business. Entrepreneurs are people who have an idea for a product, service or business and decide to take on the risk to make their idea happen. Entrepreneurs are typically driven by innovation and technology that can create new opportunities in emerging markets. Entrepreneurship is a process of starting a new business. It can also be described as the process of designing, launching, and running a new business. Entrepreneurship is not just limited to businesses; it can be applied to all forms of innovation such as arts and technology.
The future of entrepreneurship will be shaped by how entrepreneurs react to technological innovations such as artificial intelligence (AI) and blockchain technology. These technologies will change the way we live our lives and how we do business, but it’s up to us how we want to use them as tools that help us grow. The future of entrepreneurship is not about a single business idea. It’s about the ability to find new opportunities, grow and adapt to changing markets, and be innovative in the face of adversity. Entrepreneurship is more than just starting a business. It’s about taking risks and being open to new opportunities that come your way. It’s about having the drive to make your own luck, even when things get tough. And it’s about finding opportunity in emerging markets across the world, as well as in technology that can help you grow your company faster than ever before.
You open a company in the British Virgin Islands (BVI) to provide services overseas. You also establish your company’s management in another country to make it not a BVI-resident for tax purposes. These will ensure no corporate tax will be paid in this jurisdiction. And since BVI has a fair reputation, you can open a corporate bank account in Singapore. This will allow your company to receive money from customers with ease. If necessary, you then need to establish your tax residency in another country where you can receive your business money without being taxed.
Sean Evans or the rise of a serial entrepreneur expert: Don’t listen to those who tell you you can’t. You know best what you can and what you can’t. You must want to make money on your own in your field. You need to want to sell goods or services to make money. It all depends on what you want and not what others tell you. Do not let yourself be influenced by such negative opinions, but choose to start on the road with positive thinking, which will give you a broader view on all the opportunities that may arise. Wrong! Nobody is perfect and you can’t even do everything perfectly, even if you want it. Mistakes are always a good experience, which can help you in the future and from which you can learn a lot. But be careful not to repeat them, because this is important. Learn how to fix what you have broken so that in the future there are no such errors anymore. Although at first you might be discouraged, don’t do it! Just think about the good side of things and what you can improve at your business through the things you learned from this experience, to make mistakes. Read how to reduce risks when you start a business.