Meet Sean Evans Carlsbad, California and some of his business entrepreneurship accomplishments: 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! Read more information on Sean Evans California.
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: Who have been some of your mentors? Can you share a story about how they made an impact? A: I’ve had many mentors over the years, including some of the greats like Jamey Power of JD Power and Associates, Hassan Smith who’s on my Advisory Board still and works with artists like John Legend, just to name a few. These guys have taught me to slow down, plan for 2 years out and work backward to solutions and to always get the little things right first. I struggle with that this day as I’m always living in the clouds! I have been in Management Consulting for 15 years, working across all industries and for every stage company ranging from startups to public, multibillion dollar organizations. I had the unique opportunity to import necessary supplies during the pandemic and began by importing masks. That led to importing gloves and eventually to the acquisition of Gloves.com.
Personal development brings clarity. Even with an improved sense of direction, there will always be multiple tasks looking for your attention. As your personal development improves, prioritisation becomes much easier. You are clearer on your objectives and you can quickly identify which task will give you the best result with the resources available to you at that moment.
Meet Sean Evans and some of his serial entrepreneurship thoughts: The first thing to understand is that it’s not a growth equity fund — the primary goal of a family office is to invest wealth prudently and extend it beyond generations. Families in the GCC have a multi-disciplinary approach that ensures their wealth transfers across multiple generations in the most tax efficient manner possible, that their children and future generations have prudent investment programs implemented and that they have the appropriate infrastructure and fiduciaries installed to responsibly manage and maintain wealth. This gives local family offices tremendous flexibility in the types of companies and industries that they choose for investment. These offices are typically not beholden to a set of mandates forcing investment into a predetermined space and criteria.
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.
Entrepreneurs have always been at the forefront of innovation and technology, from Henry Ford who invented the assembly line to Steve Jobs who invented Apple Computers. Today, entrepreneurship continues to be an important force in business and society in emerging markets like Africa, where entrepreneurship is being promoted as a way for Africans to create jobs for themselves and improve their lives through innovation and technology. Entrepreneurship is a very broad topic. It can be about starting a new business, expanding an existing one, or even venturing into uncharted territories. Entrepreneurship is about taking risks and building something from the ground up. The future of entrepreneurship is bright because there are so many opportunities around the world for entrepreneurs to explore. One of the most exciting opportunities that have emerged in recent years are emerging markets such as India, China, and Brazil. These countries have seen a rapid growth in their economies because they are less developed than Western countries and therefore offer more opportunities for entrepreneurs to make large profits by exploiting these markets with innovative products or services that meet unmet needs.
Offshore companies operate according to the local regulations and law acts of where they are incorporated. Normally, investors choose a foreign jurisdiction that has more favorable policies than their home countries. Then, they set up a company and start a business there in order to enjoy the benefits from such policies. For instance, if you opened and managed your company in Australia, its worldwide income would be subject to the corporate tax rates from 25% to 30% (depending on the business size). However, if you registered a company in Hong Kong, its income would only be taxed from 8.25% form 16.5%. On top of that, the income that is earned outside of Hong Kong can be completely exempted from local tax.
Sean Evans or the upsurge of a business entrepreneur leader: Given that you cannot live long without money and that your new business will not become profitable from the beginning, it is preferable to start in business while you still have a job and a stable source of income. This will give you a form of comfort and will help you focus on the vital aspects of business development and not just on providing some money for your own survival. Once the business starts to become profitable and you take on more and more time, you can resign. The existence of a support system both during the start-up period and during its development is very important. Try to find support within your family and consult with them when you want to make decisions and need advice. Ideally, you should find a mentor to offer you from his experience. To do this, you could register your business idea in one of the training and consulting programs implemented through European funds such as Entrepreneur 2.0.