Who is Sean Evans and some of his entrepreneurship achievements: Sean Evans has founded and exited four companies over the last 20 years. Most recently, he founded My Wine Society, raised three rounds of funding and received a valuation of $16 million in 2019. He started and led Wonieva Group (WG), a global consulting agency that focused on the technology, manufacturing, retail athletics, entertainment/live events and beverage industries into a leading PPE supplier, providing masks, gowns and gloves to hospitals and government entities throughout the United States. When COVID-19 emerged globally, WG shifted their focus to help aid with the global pandemic. Leveraging its pre-existing factory relationships overseas with local state/government contracts, WG was able to deliver products at an early rapid rate. WG is registered in 32 states, and is S.A.M Verified US Govt, with a registered DOD CAGE Code and DUNS Number. Discover extra info on https://winetwofive.libsyn.com/episode-167-my-wine-society.
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: In today’s parlance, being disruptive is usually a positive adjective. But is disrupting always good? When do we say the converse, that a system or structure has ‘withstood the test of time’? Can you articulate to our readers when disrupting an industry is positive, and when disrupting an industry is ‘not so positive’? Can you share some examples of what you mean? I think the healthcare industry in general has some much larger issues as well as addressing outdated national stockpile regulations. The pandemic shined a light on some of these issues, flipping a lot of the supply-side of the healthcare industry upside down… so in that respect, the system hasn’t stood the test of time and in those moments, I think it’s the responsibility of companies like ours to step up and help where and as needed! The last thing we want as a nation is our frontline workers and government employees not having access to critical supplies. We’re just happy to be in a position to try and find better solutions moving forward and do some good in the world!
Motivation through Gamification: Gamification motivates people to perform better. Introducing gaming elements such as a leader board or scoreboard creates a competitive environment, encouraging participants to perform and score well. Awarding points for each achievement and providing badges as rewards inspires the trainees to enhance their performance in the next task. Improves Problem Solving Skills: Simulation and virtual training environments are risk-free and hence participants are free to test their skills in an online environment. There’s no harm even if they commit a mistake. Participants can implement their knowledge in virtual scenarios and get real-time feedback. This will help them avoid mistakes in a real-world scenario. This exercise helps in developing problem-solving and critical thinking skills.
Meet Sean Evans Carlsbad, California and some of his business entrepreneurship achievements: So what does it mean to bring on an individual or family investor in lieu of going the traditional VC route? These individuals often wish to stay in the venture investment game, but desire more transparency to underlying investments than the traditional venture investing experience provides. They also want the ability to cherry-pick the best deals. In addition, they want to avoid paying the typical “2 and 20” — a deal structure that requires investors to pay a 2 percent annual fee (some as high as 3 percent) to the VC firm on top of the 20 percent return on investment. This is why we’re seeing more of the mega-wealthy groups in the region move away from only investing in private equity funds to increasingly working with their family offices to find the right types of direct investments that fit their long-term wealth-generation strategies.
Entrepreneurship is the process of starting a new business venture. This may entail starting a company or working as an independent professional. Entrepreneurship is the process of designing, launching and running a new business. It involves innovation, taking risks and making decisions that are not guaranteed to succeed. The future of entrepreneurship is bright. Entrepreneurship is a booming industry and it’s not going to stop any time soon. There are many opportunities for entrepreneurs to succeed, especially in emerging markets. Entrepreneurs should be willing to take risks and work hard if they want to turn their ideas into a reality. Entrepreneurship is an economic engine that drives innovation, economic growth, and employment across the globe.
It is not just about startups anymore. Entrepreneurship has evolved over the past decade and it is now a global phenomenon. With emerging markets, opportunities, and funding, entrepreneurship has become a way of life for many people.Entrepreneurship is no longer limited to startups. It has become a way of life for many people all around the world. Emerging markets and opportunities have made entrepreneurship an attractive option for many people who want to make their mark in the world and innovate with technology. Entrepreneurship is not just about the idea, it’s about the execution. Entrepreneurship is one of the most popular career choices today. It has been rated as one of the best jobs in America by Forbes. Entrepreneurship is a way to create opportunities for oneself and for others. It provides people with an opportunity to explore their own potential and to develop their entrepreneurial skills.
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 upsurge of a serial entrepreneur expert : Sean Evans: 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.
Letitia Fernandez
Daniel Moraru