Sean Evans or the climb of a serial entrepreneur expert: 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! See more information at https://ideamensch.com/sean-evans/.
Q: How do you generate revenue as a founder? A: The revenue that I see from My Wine Society comes from my investment of time and capital into the company. We generate revenue from wine subscriptions, event ticket sales, and sponsorships. How long did it take you to start making money as a founder? The pandemic put a damper on the initial revenue. When the My Wine Society’s wine subscriptions were launched the revenue started to increase exponentially. Before the end of 2020 MWS was starting to be on track to significant profitability.
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.
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 rise of a entrepreneur top professional: So as a startup, how do you find these alternative sources of funding that offer such collateral benefits? The first and best thing you can do is look to your board and the connective network you already have. The ability to access GCC family office networks is something to consider when building your board and team of advisors. If your existing network has been exhausted, there are events and other opportunities that can bring you closer together with angel investors and family offices. This significantly lessens the influence to artificially maintain high watermarks to receive incentive allocations. Family office decisions are based squarely on investment fundamentals, where long-term value creation replaces the 2/20 mentality. As a result, investments are more than fungible capital. It’s a commitment to align with the entrepreneur on a much deeper level. The deep, global networks of the ultra-wealthy families are used to create opportunities for the startups — from providing strategic advice, intelligence and subject matter expertise, to tangible benefits like identifying contract manufacturers to assist with the development of hardware products.
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 California or the growth of a business entrepreneur expert: Do not wait until you launch your business to get customers or consumers, because they are the central element that determines the success or failure of your initiative. Make as much networking as possible! Gather contacts! Offer samples with your product / service! It’s never too early to start marketing for your business. The main motivation for writing your business plan before you start is to save time and money later during the business development. In addition, the business plan helps you to clarify your business concept and gives you a general map based on which you will invest in growing your business. There is no need to make a detailed and fluffy business plan, focus on those essential elements of the plan that will help you throughout your business development. More information and tips on writing a business plan can be found in the How to write a business plan section.