Sean Evans Carlsbad, California or the upsurge of a serial entrepreneur top professional: 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 extra 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!
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Get to know Sean Evans California and some of his entrepreneurship thoughts: The nature of the Middle East family office induces secrecy (many don’t even have a website), which makes it nearly impossible to blast off unsolicited pitches. So it really does come down to networking. But in the end, being able to break through and figure out a way to connect with the right family office can act as a natural selection process and indicate the hallmark of a good entrepreneur and good deal. Another great place to start is identifying other entrepreneurs who have been successful in your specific space and may currently have a family office or more formal startup investment program. Most often, your ideas will resonate with these folks first and best. There’s no doubt that the slowdown in venture investment is impacting companies across industries, COVID being the main driver. But entrepreneurs who open their eyes to non-traditional sources of capital and are willing to put in the legwork to identify them may find an enduring friend in the family.
Entrepreneurship is the process of designing, launching, and running a new business. It is a risky but rewarding endeavor. Entrepreneurship offers many opportunities for those who are willing to take the risk and follow their dreams. In recent years, entrepreneurship has taken off in emerging markets like India and China because of their growing middle class with disposable income. The world’s entrepreneurs are also finding new ways to fund their ventures as they face difficulties obtaining bank loans or venture capital funding. AI technology will play an important role in the future of entrepreneurship by providing entrepreneurs with advanced analytics that can help them make better decisions about their business ventures.
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.
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.
Get to know Sean Evans California and some of his serial entrepreneurship achievements: Don’t forget you’re the leader! So behave as such. Remember all the things that did not suit the boss from the previous job and do not do it! Be an example, a role model for others and make yourself enjoyable. Although sometimes you will have to make decisions that will not please everyone or maybe even employees will disappoint you, opt for a professional attitude and not a severe one. Talk to them calmly and patiently and explain to them what the problems are and what solutions you have. It builds, therefore, a very good relationship with all the staff, to be appreciated and rewarded as such, on a personal level. Once you make the decision to open your own business you will need to invest a great deal of time and energy in its development, so it is very important that you enjoy what you do and find satisfaction in the activity you carry out.