Get to know Sean Evans and some of his business entrepreneurship achievements: 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 more details at https://inspirery.com/sean-evans/.
Q: How did you get started as a founder? A: I’ve been a serial entrepreneur my whole life – I started my first company during my second year of business school in Oregon. When My Wine Society was founded it resulted from the desire to give wine connoisseurs like myself a platform to interact and connect with other like minded wine-lovers in the world. The partners at MWS decided we should form the company to accomplish just that task. Now, it has evolved into a company with expanded services for the wine drinking market segment.
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.
You will become more motivated. When you know what you want to achieve, it is easier for you to see the benefits of taking action. Even when the task ahead is not enjoyable; if you can see a clear benefit, you are more motivated to take the necessary action.
Who is Sean Evans and some of his entrepreneurship achievements: 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 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.
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.
If you aim for the former group, you should consider everything carefully. Some no-tax jurisdictions are changing their policies fast. They are starting to impose taxes and regulations on certain kinds of income and business activities. And some places have a really bad reputation in the business world. These are the ones you should avoid. Bad-reputation jurisdictions would cost you a hard time opening a bank account and running your company. In particular, banks in Singapore or Hong Kong are very concerned about opening an account for companies in tax havens. The same goes with customers and clients. They would also be concerned to do business with your company if it is incorporated in such jurisdictions.
The climb of a business entrepreneur top professional : Sean Evans Carlsbad, California: 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.