Despite COVID-19 Global Sneakers Market Still To Hit $102.8B Value By 2025… Yes, You Read Right

The COVID-19 has had a huge impact on the sneakers market, causing supply chain disruptions, closing retail stores, and cutting down revenues. Although all major sports brands managed to recover and boost their sales online, this year’s revenues are still expected to remain below pre-COVID-19 levels.

According to data presented by BuyShares.co.uk, the revenues of the global sneakers market are set to reach $66.3bn in 2021, compared to $69.6bn in 2019. However, the entire industry is forecast to grow by 30% in the next four years and hit $102.8bn value by 2025.

A Two-Year Recovery after the COVID-19 Hit

Sports brands and sneakers producers have never had a year like 2020. Before the COVID-19, global sneakers sales had been growing steadily, with revenues doubling between 2012 and 2019. However, in the first half of 2020, sales crushed to the deepest levels in years, as global demand significantly dropped amid the lockdowns. Sneakers were selling at lower prices, while marketplaces looked to drive customer engagement on social media.

As a result, global sneaker sales revenues dropped by almost 10% YoY to $63.2bn in 2020, revealed the Statista data.

After a challenging 2020, the sporting goods giants Nike, Adidas, and Puma all managed to recover, with their sales growing strongly in the first half of 2021. The return of major sports events also allowed them to showcase their brands to billions of consumers, who turned back to their stores in all parts of the world.

In the fiscal year ended May 2021, Nike reported $44.5bn in revenue, a 19% increase YoY, driven by growth across NIKE Direct and wholesale and double-digit growth in the footwear and apparel sector.

Its largest competitor, Adidas, also saw significant growth in all market segments, with sales in China jumping 156% in the three months of 2021. As a result, the revenues of the German sportswear company jumped by 27% YoY to €5.27bn in Q1 2021, with its net income reaching €502 million, up from €26 million in Q1 2020.

Although all major sneakers producers witnessed significant growth across different market segments in 2021, the revenues of the unified market are still forecast to remain $3.2bn below pre-COVID-19 levels.

However, the year 2022 is set to witness a significant recovery, with revenues rising by nearly 25% YoY to $82.4bn on a global level. Moreover, the increasing trend is set to continue in the following years, with the figure rising by $20bn by 2025.

The United States to Generate 30% of Total Revenues, Chinese Market to Shrunk by 10% in 2021

Analyzed by geography, the United States represents the world’s largest sneakers market expected to generate $20.1bn or 30% of total revenues in 2021. Statistics show the US market is forecast to grow by 6% YoY and reach almost pre-pandemic levels. By 2025, the US sneakers sales revenues are set to jump to $28.9bn.

However, as the second-largest sneakers market globally, China is expected to witness its revenues drop by 9.3% YoY to $12.4bn in 2021. In the next four years, this figure is set to jump to $23.2bn.

The United Kingdom is expected to witness the most significant growth among the top three markets, with revenues growing by 12.4% to $3.7bn this year. Japan and Germany follow with $3bn and $2.5bn in revenue, respectively.

The full story can be read here

5 Ways New Entrepreneurs Can Future-Proof Their Businesses

It’s no secret that many businesses took a massive hit during the COVID-19 pandemic, but while some were struggling, entrepreneurs were thriving. According to the U.S. Census Bureau, 4.3 million new businesses were launched in 2020 alone — over 1 million more than the previous year — meaning that more people are launching new businesses than ever before.

While this is great news for the entrepreneurship community at large, that doesn’t mean these newly-launched businesses are in the clear. In fact, some estimate that as many as 50% of these businesses will fail within the first year without additional support. 

So what can new founders do to ensure their success? It’s easier than you might think.

  1. Establish yourself as a thought leader.

As business owners, there are few things more important than your credibility and reputation. As such, establishing yourself as a thought leader in your industry is vital — not only will this ensure that potential customers want to work with you, it can also lead to other business-boosting benefits like media inquiries, partnership offers, and more. 

You might be tempted to brush off thought leadership as a secondary priority, especially when you’re focused on getting your business off the ground. However, demonstrating that you’re a leader in your field is a fantastic way to build a safety net that can help your business stay afloat and even thrive. Building your personal brand and platform can help you create a strong foundation from which your business can grow, and it will help bring people to you instead of the opposite. 

  1. Don’t be afraid to pivot. 

Change is scary, especially when you’ve already stepped out of your comfort zone by launching a new business. As we’ve learned during the pandemic, however, the ability to adapt is key to many businesses’ survival. While there is definitely strength in persistence despite the odds, it’s also critical for entrepreneurs to understand when and how to pivot.

Don’t view it as giving up on your business or your ideas but rather as exploring new avenues of possibility. Studies show that businesses that are willing to adapt or change during times of crisis are more likely to be successful, which means your ability to think quickly and respond accordingly might be the difference between a business that succeeds and one that fails.

  1. Focus on financial literacy.

Money is the #1 cause of stress in America, and the same is true for entrepreneurs. While this stress can wreak havoc on our overall health and wellness — including contributing to anxiety, depression, high blood pressure, heart disease, and more — it’s often far worse for entrepreneurs, who are more prone to mental health issues due to immense stress.

While you can certainly introduce stress-relieving tactics into your regular routine to help you cope — whether that’s exercise, mindfulness, meditation, or something different — it’s important to address the sources of that stress as well. And one of the best ways to worry less about money? Learn more about it.

Look for ways to level up your financial literacy as both an individual and an entrepreneur, and make sure to find ways to give yourself the financial education that many business owners aren’t able to receive in traditional schooling. There are plenty of resources available online for entrepreneurs who want to learn more about money, and the more you know the more confident you’ll be in handling your money and taking financial risks. 

  1. Explore alternate methods of funding.

While there’s nothing wrong with bootstrapping your business, lack of funding is one of the biggest reasons why new businesses fail. And while a small business loan from a traditional bank is an option for some, it might not be the best path for you, especially if you’re a first-time entrepreneur. 

Don’t be afraid to think outside of the box when it comes to funding your business. Crowdsourcing is a great option for anyone who is able to provide a physical product or service, and you might be able to raise money through crowdsourcing on Kickstarter or Indiegogo. Not sure if crowdsourcing is right for you? There are plenty of angel investors out there who are looking for new investment opportunities, and there’s no reason not to reach out to them. There are also new alternative forms of investors that are available on platforms like ClearCo that can help businesses scale without sacrificing a large ownership stake in their company. If your product is in the e-commerce or SaaS space, this might be the type of funding you need to get your business off the ground. 

  1. Get a mentor.

Mentorship might not be on your “top priorities” list as an entrepreneur, but it definitely should be. According to one survey, 70% of small businesses that received mentoring survived more than five years, which is double the survival rate of non-mentored businesses. Plus, business leaders who are mentored by a top performer are three times more likely to become top performers in their industry as well, meaning mentorship might very well be the thing that helps your business not only survive but thrive. 

Charlotte DeMocker is co-founder and Chief Operating Officer at Penny, an innovative digital media startup that successfully launched during the pandemic. Penny seeks to help ordinary people master their money. Follow Charlotte on Instagram @charlottedemocker and learn more about Penny @penny.app.

7 Self-Improvement Goals That Will Make You Happier And More Motivated

Always remember that as long as you are alive, there’s always time to change your ways and succeed in life. You alone have the power and the opportunity to do what you want and be the person you want to become. If you want to improve yourself and achieve your goals, you should follow these self-improvement tips.

• First and foremost, you need to accept the fact that you need to be able to take full responsibility for your self-improvement. You need to know your true self, the things you’re interested in, and how you’re going to actively pursue them. If you don’t have any idea where you are heading, then you’ll probably just end up where other people want you to go.

• You need to set realistic goals and stick to these objectives as well as find ways to achieve them. Such a thing, however, is not enough.

• Learning continuously is also important. There are skills and techniques that you can adapt to improve your life. Never stop learning. Many people know how important this tip is. You need to continue learning in order to succeed.

• Look for effective ways to learn new things and improve your skills. Realizing the power of learning can encourage many people to become better in various ways and achieve what they really want. Keep in mind that if you learn new things enthusiastically, you’ll achieve self-growth and succeed in living a more content life. You will become happier and live the kind of life you have always wanted.

• You also need to change your bad habits. There are many times when a person’s life is dominated by bad practices. If you really want to become a better person, you need to change these habits and stick to the positive changes you’ve made.

• Being persistent is also important. Some people give up too easily. Always remember that your perseverance will serve as the driving force that will encourage you to do things you think you cannot do.

• When you focus on a goal, it is important to keep your mind on it. Don’t let yourself get distracted by other goals. Many people cannot focus on anything related to work for a long period of time. It is difficult to do especially since our culture is full of reasons and distractions that force us not to bother a lot with attaining real success.

There are plenty of excuses you can say that can stop us from doing anything productive. If you want to improve yourself and achieve your goals, you need to prioritize every action. Even when you’re not seeing any major progress yet, you should still keep going towards the completion of your goal.

As long as you keep at it – you’ll reap the rewards in the end. There are self-improvement books that provide life-changing ideas and advice that you can integrate into your life. Discover and learn things that can benefit your pursuit of self-improvement. Always remember that learning new things can do you a great favour. Continuous education will certainly help you succeed.

Meet The Woman Behind The Cover Of The July 2021 Issue Of MoneyCentral Magazine: Sue Turner

Photo Credit: Tony Palliser (Studio 49)

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Susan (Sue) Turner came from a wonderful family with a mother who was a head nurse and a beauty queen; her father loved to sing at weddings and was also known as an unbeaten famous boxer as well as a long-distance runner.

Sue has been married to Steven Turner for 31 years and together they have eight children who have grown up to be amazing adults. She’s also a proud grandmother of 12 grandchildren and has been a French bulldog breeder for 15 years. Her main profession is in the beauty industry – she runs her own beauty salon.

When Sue was only seven years old, she won the little miss MS multiple sclerosis pageant; this started her journey towards her passion as a beauty queen. From there, she worked tirelessly with her mother in many charities. In fact, her charity hours amount to around 60.000 hours and she has raised over $100,000.00 in 2018/2019 through various car shows. Some of the charities she supports include Domestic violence association Sydney, MS multiple sclerosis, Child’s vision Australia, Breast cancer foundation, Wesley mission, Salvation Army, Cystic fibrosis foundation, Starlight foundation, and Destiny Rescue.

She is the director for the “I hear voices” parent support form for addiction and has worked alongside the justice system to help prevent criminal activities. She also has her own show car – a Subaru WRX my05. This car has been used in the event to raise much-needed money at various car shows around Australia.

Sue is a global mentor within the pageant industry to all beauty queens worldwide as a featured public figure influencer. She has also won many awards as a beauty queen including Mrs. Earth Air Australia 2017, Mrs. International Global Australia 2018, Mrs. international Global Australia 2018, Humanitarian International 2018, Woman of the World 2018 and AGSA’s International Beauty Queen of the year 2019.

Sue’s passion has led her worldwide, seeing firsthand many disturbing events such as famine and disease. Because of that, she helps many other situations around the world. Sue is currently the CEO of GEQ (Global Elite Queens) magazine and her vision is to give voice to those who inspire to become the best they can in their industry. MoneyCentral magazine recently caught up with Sue Turner to discuss her journey as an entrepreneur and here’s what went down:

Could you please tell our readers a brief background about yourself and how you started your business?

As a young girl, I grew up in the outback of Western Australia in 1979. My father as a youngster was a barber in the army and my mother was a nurse and an outstanding figure in her community. After school I was offered a part-time job, working in a hair salon. On weekends I worked at the local vets. I then decided after a few years that a job in the beauty industry would be my call. My parents then sent me to Victoria and set me up with an apprenticeship in hairdressing where I gained work at one of Victoria’s most prestigious hair salons then later at Bogart’s. At the time, Bogarts became my doorway to runway modeling. And then by accident, we were short of models at a fashion event in St Kilda Melbourne so I was asked to fill in, and this led to an exciting new venture into glamour and fashion.

For many years I enjoyed the limelight until I decided to take on another degree, a university degree in skin therapy. This led to an opportunity to run my own business in the beauty industry. My degree is grade 1 level esthetician skin therapist. For 22 years I owned my business growing and building a foundation with an outstanding perspective in the beauty industry. I maintained my business by being a leader in my field and also in a growing dominant industry by developing and growing my brand and sharing my platform to create a future I have passed onto my 2 daughters.

My business has reached its target in achieving what I’d set out to do and that’s to be able to share this wonderful opportunity with my own daughters giving them both the strategies and the opportunity to support their own business in the future with absolute success.

My daughter Alycia is now an internationally recognised Sfx makeup artist with her own brand and my youngest daughter became an international beauty queen also giving her the incentive to become a partner in the beauty industry.

Why do you think social media is important in business?

Being active in social media can lead to attracting customers, allowing you to get customer feedback and building customer loyalty. It can also help increase your market reach, including international markets and increase revenue by building customer networks and advertising.

What is the toughest decision you had to make in the last few months?

As we all are suffering at the hands of the pandemic, we all have had to make a few changes in the way we run our businesses. Sadly there have been drastic changes in our industry with a loss in revenue. This has been the hardest decision I’ve had to face in over 22 years. Many people are in the same situation as me and these are tough times ahead for us all.

What new venture would you like to start?

I’m looking at expanding my horizons on a new venture working with missing persons. I have a current platform with crimes against humanity missing persons in Australia. This platform will enable me to work with the crime task forces in seeking closure for many families. Recently, last November, I was awarded the Mother Teresa award at the Australian parliament for her work with missing persons.

If you could go back in a time machine what would you do differently?

I love who I am so I do not think I’d do anything different. I’ve succeeded in the pathway I chose based on a future I envisioned for myself. I basically accomplished what I feel is a successful venture from a woman’s point of view. My target was to pass on my legacy to my children and in saying that, I’ve successfully done just that. Mission complete.

What is the best advice you have ever been given?

To never say never and always be one step ahead. Follow your heart and your dreams and it will eventually work out. Stick to your plan and do not look back because the future is yours. My advice to others ia be to remember who you are – no one can do or appreciate what you yourself has to offer. Be yourself and be content In who you are.

What advice would you give someone who wants to follow in your footsteps?

If you have a dream, follow it and do not be afraid as fear can take over so many baby steps one step at a time. Be vigilant – my all-time favourite saying is to be your own kind of beautiful.

Entrepreneur Spotlight: Find Out More About Fashion CEO Brittany Benton

Fashion CEO Brittany Benton is about to launch an online series called “The Boutique Secret” aimed at helping new Entrepreneurs

Today, 54% of Gen-Z want to be an influencer according to a study by Morning Consult. That number is sure to rise, which means that a lot of people will be forgoing traditional careers and turning themselves into a brand. While thousands of content creators are making fortunes selling products and running their businesses on social media, there are far more who have lost fortunes.

Brittany Benton has launched an online series called “The Boutique Secret” aimed at helping young entrepreneurs and brands avoid common career-ending pitfalls, and learn how to get a business started far more successfully.

Brittany Benton, CEO, and founder of the hot new fashion line Benton1988 has persevered through immense obstacles and took massive risks but still triumphed. Since their launch in 2019 Benton1988 has sold millions of dollars of clothes and has amassed hundreds of thousands of followers on social media.

After spending years running every aspect of her business from her living room, with no employees or financial security to back her up in case it didn’t work out, Brittany has gained experience that she knows will be very valuable to anyone else thinking about becoming an entrepreneur.

Brittany’s online series of videos found here are a series of “how-to” videos designed to walk entrepreneurs through a variety of topics they need to know before they get started. Topics like how to start a business with little to no money, how much money to spend on Facebook ads, a vendor list in LA and abroad, and several other extremely helpful resources.

“The fans of my brand have been so supportive this entire journey and our team has heard from so many of them who want to run their own businesses like me one day. It’s inspiring and pushes us to reach a higher standard every day, so we can show these people that they can make millions of dollars doing what they love as well.” Brittany said when reached out for comment.

According to our sources, several massive influencers and models in Hollywood have reached out to Brittany about potential collaborations for global campaigns with her fashion line, because they see her product as an easy sell. In a relatively short time span Benton1988’s bold styles, empowering outfits, and Brittany’s captivating personality have convinced the fashion industry and fans online that her products are the next big thing.

You can follow Brittany on Instagram @the.brittany.b and Benton1988 @benton.1988 to learn more about their upcoming announcements and high-profile collaborations.

5 Things to Do When You’re Feeling Totally Stressed And Overwhelmed

2021 has been a stressful year across the board. Even if you think you’re good at dealing with stress, there have undoubtedly been times this year during which you’ve had to use every trick in your book. And if you’re not good at managing stress, there have undoubtedly been times in which you’ve been desperately seeking an outlet for those overwhelmed feelings.

You’re in luck, because this article will furnish you with some useful tips and tricks to help you relieve some of your mental strain.

Nourish Your Spirit

If you’re feeling stressed, a good way of easing your troubles away is to connect with yourself. Spiritual pursuits, like meditation or prayer. Both of these practices can help to increase your sense of self-awareness, diminish feelings of anxiousness, and shift your focus off of your worries and onto something higher than those worries, like yourself, or your deity.

Exercise

This one may seem tricky if outside stress-compounding factors such as anxiety, depression, or physical limitations make the idea of exercise or activity seem daunting. But keeping active doesn’t have to mean high-intensity fitness training at the gym, or even organized sport. Take the dog for a walk. Mow the lawn. Watch an exercise video online and move or stretch along. Certain scientific studies suggest that regular physical activity may have similar effects on mental health as antidepressants due to the encouraged production of endorphins, the brain’s neurotransmitters that help to mitigate stress.

Do Something You Like Doing

If you’re a writer, write. If you’re an artist, create something new. If you’re a musician, play. If you’re a sportsman, head outside. If you’d rather binge watch TV, there’s a plethora of streaming services to choose from. Any constructive hobby is a worthwhile pursuit and can go a long way to giving you a sense of enjoyment and satisfaction.

Get a Pet

If your life circumstances allow, having a furry friend can help with stress relief, as certain studies have shown that taking care of a pet can help to lower the blood pressure that stress can raise, and decrease levels of cortisol, a hormone sometimes caused by stress, and even make a person feel less lonely.

Unplug from a Busy Life

Sometimes, you simply have to escape, and that’s okay. Work will be there when you come back, and so will the news. Spend time with friends or family – or time alone – uninterrupted by your day-to-day activities. Taking a break from an otherwise busy life may also include a social media hiatus. You might find that the more you disconnect from the pressures of everyday living, the more you connect with yourself.

A Final Word

Taking care of your mental health is important, and even more so in these unprecedented times in which we live. And now that you’ve seen some ways to help combat stress, hopefully, you’ll be able to fight against it even harder.

5 Surefire Tactics For Reducing Overall Business Debt

Debt can be a drain on a business, especially if you are hoping to end the year in green, we will discuss some strategies to help you get closer to that goal.

Considering a renegotiation of loans whilst also pursuing other opportunities such as grants can be a great way to reduce or eliminate this debt.

Keep reading for three other life-saving methods to consider as well.

Renegotiating the Terms of your Current Loans

If you currently have loans that are proving difficult to pay back due to existing debt, it might be worth considering with your lender if you are able to renegotiate the terms of these loans and sort out a mutually beneficial agreement.

By expressing the hardship of the current loan on your finances, you may be able to secure an agreement to change the terms of the loan. This could be a reduction in interest rates for example, or simply changing how frequently the loans are paid, allowing you that extra time for other beneficial financial decisions to help keep your business up and running, allowing you to build towards the reduction of your debt.

Using Grant Opportunities

It is extremely likely that your business may be eligible for grants from entities such as the government or other entities with a goal in mind that you help to pursue. For example, your firm may specialise in an area that supports a key government objective, and if you believe this may be the case, it is worth getting in contact with them to explore any options available.

Further to this, in the current pandemic, you are likely to be able to access some potential grants to support you at this difficult time, and these are great at reducing your current debt.

Focusing on Eliminating the Debt as Opposed to Other Objectives

If you are in a stable position in regard to your company, and your finances appear to be the only difficulty, it might be worth diverting your attention away from other opportunities for growth to focus on eliminating your debt.

It may be worth making conservative decisions at this time, such as not hiring new employees such as marketing directors to promote your social media presence if it is relatively stable at this point in time. This allows you to focus on the task at hand, reducing extra unnecessary costs in the short term.

Focus on Increasing your Sales

However, as a business, you must run an analysis to see if the previous point is the best option, as it may be worth incurring that short term cost if it is likely to return positive results, such as increased sales, money from which can be used to pay off such debts. In which case, alternate strategies may be necessary to pursue.

Tapping into Your Networks

Finally, if you have crippling debt, consider using your network to help you. You may have family and friends who can help you pay off existing loans if they believe in the long-term success of your business.

Top 5 New Challenges Facing Entrepreneurship, and How to Rise Above Them

The world continually challenges us to be our best possible selves, but how can entrepreneurs best ensure that they are prepared for these challenges?

From company conduct to company communication and the impact imposed by COVID-19, we will discuss the best responses for entrepreneurs to take.

Keep reading for 2 more challenges that entrepreneurs must consider in their future plans as well.

Company Communication

The COVID-19 pandemic has revolutionised the way that we work. We have begun to take to our desks at home to get the job done, and this has severely impacted the ability of your company to communicate with each other. As workers are no longer in a concentrated area in their offices, entrepreneurs are becoming increasingly worried as to how best to meet company targets.

A great way to boost communication methods is through the use of video streaming services such as Zoom. This allows the concentration of your team into one area once again, and assuming no technical difficulties, allows the re-establishment of clear communication.

Company Conduct

Consumers are becoming increasingly interested in a company’s position on social issues, and this is a crucial challenge to entrepreneurship. If you are unable to understand what your consumers want, it might be difficult for your company to appear reliable.

As an entrepreneur, by gauging an understanding of consumer wants in your approaches to things, you may be able to implement more environmentally friendly initiatives, for example, showing consumers that you are a company that cares about the wider issues and not just about business.

Company Competitiveness

As an entrepreneur, you will always be competing against the next best person, but COVID-19 has severely changed the way that we do business. It is not worth targeting your marketing strategies to things that people are only going to see if they enter your stores, as online purchasing has skyrocketed.

For this reason, it is crucial that you develop your social media presence and begin creating a presence on there that your consumers can interact with, allowing you to remain more competitive in a much more difficult world.

Company Health

Whilst doing business is the primary goal of any entrepreneur, considering that your workers, and yourself, need to take care at such a critical time is also crucial to productivity and overall happiness. This is because it can actually damage internal relations if people are dissatisfied, making this a top priority matter.

Taking frequent breaks is a great way to look after yourself, and understanding that some workers may be more affected than others shows your willingness as an entrepreneur to be considerate and caring of your workforce.

Company Finances

Finally, money may be tight at the moment due to the impositions of the pandemic, and it is important to realise that asking for help is necessary at this time.

If you have loans, speak to your bank about potential extensions, and tap into your network to see if they are willing to support you in any way possible.

How To Make Money Online Just By Answering Surveys (Yes, You Read Correctly)

The idea of learning how to make money online may seem a bit challenging for some, especially when you are a bit skeptical about all the possible ways that are offered online. However, there are a lot of legit ways on how you can make money via the internet and earn a lot of money effortlessly. All it takes for you is to find the right place where you can get the job.

One of the easiest and most popular ways on how to make money online is through answering surveys. You just need to answer the surveys from popular companies in the most honest way possible. These surveys are given to people like you for the companies to know the areas where improvements must be done or the areas or things that they are doing right.

Most of the time, surveys would only include a few questions while there are some that would take at least an hour or two. Once you are done, you can submit the answered survey and then get another survey and get paid for every job you take. What makes it really interesting is that there are some companies where you can choose the kind of surveys that you can take or pick a survey that pays more than other surveys.

What Makes Taking Surveys a Great Option for Making Money Online

What makes taking surveys a great option for making money online is the fact that companies want to get honest answers from you. This means that whether you have positive or negative answers, these answers are welcome. Also, you get paid whatever your opinion is. There is no right or wrong answer with the surveys. You just have to answer in all honesty and companies will be more than willing to pay you for it.

The main goal behind every survey is to give the company honest feedbacks that will help them find ways of improving their products or services. At times, they get new ideas from these surveys and even introduce new generation of products that can answer all of the concerns you have provided in the survey.

Where to Take Paid Surveys

For you to get started in this type of job, the first thing that you must do is find a company or a legit website where you can sign up and take surveys. There are a lot of websites where you can get paid surveys and some of them are:

Swagbucks

This is a very popular survey company that gained high ratings from its survey participants. The convenience and accessibility of the site is what made most participants love it. They also provide a high level of privacy and a decent payout process that allows participants to get their payout easily.

Vindale Research

Among the reputable companies that you should not miss trying is the Vindale Research. Their participants gave them an overall rating of A due to their impressive accessibility, payout schemes and a lot more.

These are just some of the top survey companies where you can sign up and earn around $5 to $75 per survey. You just have to be familiar with how everything works and get started in your new source of income.

Meet The Entrepreneur Behind The Cover Of The June 2021 Issue Of MoneyCentral Magazine: Aaron Villa

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Aaron Villa is a crypto analyst and a self-made millionaire – he’s the founder and CEO of A1PHA Trading & Investing. He is a cryptocurrency trader and blockchain expert, certified by the blockchain council. He has been a crypto coach since 2017 and is deeply knowledgeable. He has created multiple courses, formed mastermind groups, and shared a lot of informational tools and tips regarding cryptocurrency.

MoneyCentral magazine recently caught up with Aaron to discuss his journey as an entrepreneur and here’s what went down:

When did your entrepreneurial flair first reveal itself?

I first realized my entrepreneurial flair when I was in college, I got involved with a lot of networking businesses. Also, I watched my parents build and grow their business as a child which influenced me to become an entrepreneur. When I became a Registered Nurse in the USA two years into my career I realized that it was not for me and that I did not want to work for someone else. I wanted my freedom and to be able to do the things I want to do whenever I wanted.

How did your life look like before being an entrepreneur?

Before becoming an entrepreneur I was working full time as a Registered Nurse. I did 12-hour shifts 3-4 times a week. On top of that, I also began my MSN degree to become an Acute Nurse Practitioner. And on my free time, I worked on learning and educating myself everything about investing in cryptocurrency and blockchain technology.

As an entrepreneur, what is it that motivates and drives you?

As an entrepreneur, I am motivated to prove to myself constantly that I can be successful in all aspects of life. Achieving those goals and growing as a person.

In one word, describe your life as an entrepreneur and explain why.

Exciting. My life as an entrepreneur has been exciting because every day I wake up knowing that I am going to do something I love and am passionate about. I get excited to create new things, connect with new people, see new places, and learn along the way. It also excites me to know that I can also spend more time with my family more as I pursue these things.

What were your top three motivations for starting your business?

1. Freedom to be able to handle my own time.

2. Passion, which allowed me to work day in and day out without getting tired.

3. To be able to create my own future by following my own timeline and pursuing all the goals that I set out to do.

What do you put your success down to?

My success is because of my passion, dedication, and consistency. Also having the right mindset and the right partner (my wife) who constantly guides me throughout my journey.

What would you say are the key elements for starting and running a successful business?

The three elements to running a successful business are first of all loving what you do, valuing relationships with people, and remembering your why. I also believe that the more you give, the more opportunities and blessings that come back to you. So giving back to your community is also important.

What are the three biggest challenges you have faced growing the business and how did you overcome them?

The biggest challenge at first was lack of time and dealing with uncertainties.

When I started A1PHA trading and investing I was also still working as a Nurse. I enjoyed teaching clients about cryptocurrency but I didn’t put much time in. Instead of focusing on doing what I wanted, I had to fulfill my responsibilities at my job. I was a bit uncertain about going all-in with my business because I was used to having a steady income coming in monthly as a Nurse. But as soon as I took that leap of faith to grow and really focus on my business, that’s when I realized that I could actually do this and quit my job. And so far I don’t regret my decision and I never looked back.

Does the loneliness of the entrepreneur really exist?

Yes, it can be lonely at times, but being alone while doing what you are passionate about can be addicting because I can spend countless hours doing what I love without any distractions.

As you grew the business, what have been some of the most important leadership lessons you have learned?

Leadership lessons that I’ve learned are to delegate by outsourcing, managing your time wisely, and learning how to take breaks.

I want to see more small businesses being started and being successful because I myself support small local businesses. I find that in a way, I am contributing to my community and helping another individual no matter how big or small.

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