5 Reasons Why the Right Location Can Make or Break Your Business

When planning to start a new business, one of the first things to consider is where to launch it. Location, after all, is one of ‘The 5 Critical Elements to Make Your Business a Smashing Success’ — and for good reason. It can very well spell the difference between success or failure, and here are five considerations to show you why:

Access to the Right Talent

The geographic location of any company is important in attracting and retaining the right workforce for your business. For instance, it was a driving factor for Jeff Bezos to locate his second Amazon headquarters in Northern Virginia. The region was revealed to have the largest concentration of STEM (science, technology, engineering, math) workers in the country, and ranked as the top state for education, alongside Massachusetts. So, when deciding on your own business location, do some research on the current and future trends in the employment landscape in the area, and see how it can benefit your specific industry.

Business Requirements and Regulations

In choosing a business location, you’ll have to compare different state requirements and regulations, and determine which one would be the most favorable for your business. For instance, states like New Mexico, Delaware, and Wyoming don’t require new LLCs to submit the names of their members upon registration, which means they can be very good choices for those who want a little more privacy. Other states, meanwhile, can have extra requirements when registering. Case in point: The New York LLC publication requirement means that new businesses must publish a copy of their articles of organization in two separate newspapers within 120 days of registering. Although very much doable, it’s an extra cost that entrepreneurs must account for in the early days.

In terms of tax laws, Wyoming and South Dakota are the most tax-friendly states for businesses, as they have no individual income tax, corporate income tax, and gross receipts tax. Meanwhile, New Jersey is the worst state in terms of taxes, with the highest individual income tax rate in the country, along with high corporate, sales, and property taxes.

Cost of Living and Doing Business

A huge factor in choosing the right business location is its affordability. Real estate costs are the second largest expense for businesses, right after labor costs. Cities like New York and San Francisco are known for their expensive rent and food, so many entrepreneurs avoid settling down there if they can. Speaking to the Council for Community and Economic Research’s Cost of Living Index can help determine the most affordable states in terms of essential needs and real estate costs. For example, among the least expensive states in terms of housing, utilities, groceries, transportation, and healthcare are Arkansas and Texas.

Brand Visibility

Location can also influence the ability of a business to market itself and what competition it may face. For example, choosing a business address in Manhattan can change the perception of your business, as you’ll be able to tie your brand with the financial success and high growth commonly associated with the area. However, other key considerations like affordability and tax laws must be considered, too. So, it’s up to you and your financial plan to weigh up which factor will favor your business more.

Access to the Right Suppliers

Depending on the nature of your business, access to the best suppliers in terms of price and quality is another factor to consider when choosing the right location. Speed of delivery can have a huge impact on the productivity of your operations. This is why even though real estate and cost of living can be cheaper in smaller towns or cities, not every business is lining up to start operations there. The closer you are to the right suppliers, the faster your products and services can reach your intended markets — and the better it will be overall for you.

All in all, choosing the right location for your business depends on finding the right balance among these five factors. If some of them are conflicting, decide on which ones are more important to you and your business, and which disadvantages you can live with.

5 Marketing Strategies to Fuel Your Business Growth

Not all people who want to enter the world of business possess a booming marketing skill. This brings fear to a small business owner who finds it difficult to start with just a small capital. However, there are several ways you can learn to acquire this certain skill to make an incredible income. Most entrepreneurs experience the same feeling you have when they started their business so don’t be scared – you can be successful, too.

Highlight the benefits of your products or services

You do not have to compare your products to the competitors just to emphasize the values which make them different. Learn how to match the price based on the quality and value of your offers. In every feature of your product, associate it with its benefit. Most consumers value their money by purchasing goods that are useful and beneficial to them. Always remember the difference between buying a product because they need it or they want it.

Profile your potential customer

Base your offer on their gender, age, living status, household activities, and many other preferences so you know how to position your product or service. You may feel dismayed every time a customer ignores your direct offer due to their personal reasons. To gain their attention, ask few things which may let them express what they need so you can discover the ideal product they want. Listen to them and analyze the things they need.

Use many types of marketing platform through the powerful influence of the internet

Nowadays, social media has influenced its large number of users. In this way, your products can reach the awareness of millions of people which is the primary advantage provided by the internet. In addition, creating compelling content for your website can also attract more customers. Other forms of marketing strategy are crowdsourcing, affiliate marketing, and video marketing. Through your creativity and proper use of these tools, you can boost your sales in a short span of time.

Let customers provide their feedback or suggestions

The impression of customers is very important to help you produce a product that is efficient and valuable to many users. Use their feedback to help you meet their needs and resolve underlying issues before you spend a lot in producing products that you think will still be useful for them.

Track every single money you spent on your marketing campaign

This is very important because this will allow you to compare which of those marketing channels you use is more effective. The records will also help you analyze the resolutions you can do to improve your techniques. You can pinpoint the areas of your product which customers need and which ones needs improvement or changes. Through this guide, you can prevent the waste of money focusing on something that is not effective.

Meet The Man Behind The Cover Of The February 2021 Issue Of MoneyCentral Magazine: Ryan Evans

Ryan Evans is a serial entrepreneur, philanthropist, public speaker, and family man. In the early 2010s, as his first entrepreneurial venture, Ryan founded a technology company that he grew to multiple locations, employing dozens of people. After a successful executive transition there, he was appointed as the Global Operations Director for a billion-dollar multinational corporation where his focus and passion were on strategic planning, global growth, and training. He was successful in growing that business to more than three million global affiliates before leaving to start his next venture.

In 2017, Ryan founded Elamant International and successfully launched the company in more than two dozen countries, spanning five continents, including massive action throughout Africa and Asia. Today, Elamant is stronger than ever with revenues of more than $200 million and growing.

Ryan has been featured in multiple publications as well as online resources, video channels, blogs, and forums. He has spoken in person and virtually to millions of people around the world. Ryan has been married for 17 years and is a devoted father to four amazing kids. MoneyCentral magazine recently caught up with Ryan and here’s what went down:

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

My beginnings actually typify the American Dream. I grew up in the Midwest and always envisioned accomplishing great things. However, like so many others, I didn’t know how those dreams would become reality. I got my first taste of entrepreneurship while owning a local software company. Although I was featured in regional publications for my work, I knew I had the capacity to do more.

My big break came when I was Marketing Director for an international company and was instrumental in taking it to unprecedented heights. I realized then; I could do even more. The company I currently own, Elamant is drastically different from the other ventures. However, the experience I gained over the years prepared me for this moment.

When did your entrepreneurial flair first reveal itself?

I’ve been very blessed to travel the world during my time in Asia, I developed the skill set of connecting with people from different cultures and backgrounds. Succeeding as an entrepreneur is all about finding ways to build and maintain relationships. When I discovered my ability to connect with people from all walks of life, that’s when I began leveraging more effectively.

How did your life look before being an entrepreneur?

Boring with a capital “B”. Ask a lion what life looks like in a cage or a tiger what life looks like not being able to hunt. Entrepreneurs have a spirit that must be unleashed, and we’ll never be satisfied with any other life.

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

Helping others reach their full potential. Freedom means different things to different people and for me, it means living to your capacity. Anything less is bondage. I’m motivated by the thrill and challenge of showing people they can even when they think they can’t.

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

Unpredictable. Every day is different. Every challenge is unique. You wake up with a plan and have to be adaptable enough to change those plans quickly because you don’t always know what a day will bring. That’s what makes the journey so exciting for me.

What were your top three motivations for starting your business?

Making a difference, blazing a new trail, and leaving a legacy. Business is all about those three things. I want people’s lives to change as a result of them connecting with our business. I also want to do things that have never been done before; either by bringing an existing product to a new market or a new product to the masses. I also believe business is most successful when it achieves longevity. I want my great grandchildren’s children to benefit from the work I’ve done.

What do you put your success down to?

Perseverance. No matter what, I won’t give up on my dreams. Our company logo is an elephant. Our motto is we are unstoppable. Elephants are not fast animals, but they travel great distances because they persevere. They live longer than most creatures in the wild and they have no rival. That’s the pattern for me!

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

First is great partnerships. You never have to “do it all” when you have great partners. Next, is great products. Customers appreciate something that works even better than expected. They want value for their hard-earned money. When you have a great product, it builds loyalty and consumer confidence. Lastly, is a great passion. If you don’t like or believe in what you do, it will soon show. By having passion, you’ll always feel like your vocation is a vacation.

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

Maintaining focus is the most significant challenge any entrepreneur faces. It’s hard to have a one-track mind when you wear multiple hats. For me, I’ve overcome this challenge by delegation. I work to shift the workload to qualified members of the team in order to keep my mind on the main thing as much as possible.

Does the loneliness of the entrepreneur really exist?

Yes. There are times when it seems that no one “gets it” the way I do. Therefore, I find myself working in the late hours of the night or early mornings to be true to my vision. It’s great to have a strong support system. However, the saying is true: it’s lonely at the top.

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

People need leaders. When you realize that one sentence, it will change everything. Leadership is not just something you do, it’s something you MUST do. Imagine where countries would be without presidents or where a basketball team would be without a coach. Leadership is a responsibility. Once you embrace the role of leader, it’s a lifetime responsibility.

What do you hope to see happen in the near future for small businesses all over the world?

Reliable training. College will never be able to prepare the entrepreneur for running a business. Therefore, small business owners need proven resources they can access from their mobile devices to equip them for the demands of being their own bosses. Ironically, we’ve got just the tools to help them. Stay tuned!

The Top 5 Challenges For Entrepreneurs During COVID-19

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.

MoneyCentral Magazine’s Top 12 Male Entrepreneurs Of The Year

Over the years, we have witnessed amazing entrepreneurs leaving their mark in the entrepreneurial world. Let’s face it, the list of successful male entrepreneurs continues to grow and evolve. There is a number of people in various professions that have gone from new kids on the block to becoming successful entrepreneurs, but this road to success is not always guaranteed. For every successful business, thousands of hopefuls fail. But for those that remain inspired, committed, and passionate, victory is an achievable target. That said, we have compiled a list of twelve successful male entrepreneurs who have accomplished not only success in their chosen field but also changed the world we live in through their innovation and ideas.

12. Rodney Foster

Rodney Foster is the CEO of a multimillion-dollar wine company known as “Edelheiss Wine” – he’s also a famous cast member of the hit TV show “Marrying Millions” which airs on The Lifetime Network.

The idea for Edelheiss Wine came about while he was on a vacation in St. Moritz, Switzerland after attending an event called Polo Snow Cup on Ice. Before he traveled to Switzerland, a colleague previously mentioned to him that he should try a certain wine in Switzerland that they typically serve warm like hot tea or coffee. The second day he was in Switzerland he eventually found a restaurant that serviced this type of wine – it was called a “Mulled Wine.” Rodney has never tasted warm wine before until his first visit to Switzerland so he wasn’t sure how he initially felt about it.

Mulled Wine didn’t really impress Rodney initially, but after the second and third time he tried it – that’s when something clicked. He fell in love with the wine and that’s when he started thinking of ways to bring Mulled Wine into the US soil. He also wanted to create mulled wine but using better ingredients as well as making a more organic version.

The next step was to create a name for this product. A contact Rodney met in Switzerland suggested the name “Edelheiss” – it was supposed to be a twist to the white flower that grows in the Alps of Switzerland and which is called “Edelweiss.” That same contact introduced Rodney to his brother in law who was very knowledgeable about wines. He met the brother in law via Facebook – they immediately clicked and that person eventually became Rodney’s business partner.

His new business partner sent Rodney a family recipe to recreate the wine according to his taste. After much experimentation, Rodney’s mother’s suggestion of adding some peach brandy to the mix took the wine to another level – it became a Fortified Wine which many people can enjoy at just room temperature in a wine glass but then you can also heat it up like a mulled wine and eve make Sangrias with it.

11. James Purpura

Around 17 years ago, James had hit rock bottom – beaten down by life, with shattered self-esteem. His addictions had resulted in jail time. He was financially, emotionally, and spiritually bankrupt. At the lowest point in his life, he met his future wife and business partner, Steph, and together they pursued a vision of becoming more.

Along their journey of personal growth and self-improvement, James and Steph saw an opportunity to disrupt an industry that ironically appeared to be perpetually stuck in the dark ages – the personal development industry. As a rag to riches, a non-formally educated, successful tech founder with a serious interest in philosophy, James recognized the uniqueness of his position to disrupt the personal development industry for the better.

Together, James and Steph felt an urgency to pursue their life mission to inspire individuals to tap into their unlimited potential and push humanity forward through a personalized combination of philosophy, science, technology, and community. They agreed it was time to launch their next venture, Powerful U, The World’s First Personal Evolution Company. James and Steph and their team have published a book, produced an award-winning movie, developed a game-changing personal perception assessment, and launched the Powerful Universe, a global platform for teaching and learning personal evolution. James has built strong international partnerships and an influencer network that already reaches over 50 million followers. Onstage and on camera, James is compelling, authentic, riveting, and has enriched audiences around the world.

10. Tendul Raj

A serial entrepreneur, Tendul Raj is a leading expert in the Bitcoin, Blockchain, and Crypto industries. He is on a personal mission to develop a culture of entrepreneurship, helping start-ups achieve their full potential as well as ] expand existing companies. His overall mission is to foster a society of economically independent individuals who are engaged citizens, contributing to the improvement of their communities across the world. In fact, he has built a career revolutionizing the financing industry across the globe and he currently consults and advises for a range of multi-million dollar companies.

Born and raised in Pondicherry, Tendul’s entrepreneurial journey started when he was 22. Soon after graduating from college, he started planning to start his own company. During the crucial stages of starting his new business, Tendul experienced sleepless nights for several weeks as he worked tirelessly day and night establishing the new company. Finally, after all the struggles and hardships, Nextazy Solutions Pvt Ltd was born. He also decided not to limit Nextazy with just a single vision – he wants Nextazy Solutions to provide blockchain solutions and AI-related services.

Tendul now focuses on the Blockchain industry and offers advice, consulting services, connections to Blockchain experts, and investor relations strategies.

9. Dr. DL Wallace

Dr. DL Wallace is a Soft Skills Training and Development Expert with more than 20 years of experience in employee development, entrepreneurial development, organizational efficiency, and business strategy.

He is currently the CEO and founder of Success Training Institute (STI), the worldwide leader in superior soft skills training. Founded in 2012, Success Training Institute is an award-winning, education technology company based just north of Dallas, Texas. It currently serves colleges and universities, workforce commissions, school districts, and corporations from various industries. The customized learning platforms developed by STI include pre and post-assessments, individualized learning plans, access to data and analytics, and more. Their services are geared towards corporations and individuals looking to improve personnel through training in compliance, leadership, problem-solving, team building, customer service, and more.

Success Training Institute offers plans for entrepreneurs, college students, sales and HR professionals, and more. Priced to fit almost any budget, certifications can be earned in weeks, and most see improvements within days. Success Training Institute offers online programs designed to empower the workforce. The power-packed, 8-minute video segments can be taken on demand and have been proven to make immediate impacts on productivity, positivity, and efficiency on behalf of employees at all levels who complete the training.

Success Training Institute also offers college students the opportunity to increase their marketability after graduation through its Virtual Internship Programs. Students who are selected earn soft skills certifications to boost their resumes, earn extra money for college, and can work remotely.

Success Training Institute is recognized as a Top Innovator in Education Technology and cutting edge online training. With original content, unique and proven instructional method, and an evergreen library, STI is changing the professional landscape for students and companies worldwide.

8. Dylan Ogline

Dylan Ogline is used to being underestimated. It’s laughable, considering he built Ogline Digital into a 7-figure business by offering only one service—direct response digital marketing—and doing it very well.

Dylan was never going to wind up in a cubicle. A high-school dropout and self-described “unemployable entrepreneur,” he started his first business as a teenager in rural Pennsylvania. Inspired by reading Robert Kiyosaki’s Rich Dad, Poor Dad, he was able to arrange an importer deal with a supplier of sophisticated European cell phones, which were rare in the pre-smartphone and iPhone era. The European supplier had no idea that he was doing business with a 14-year-old.

Agency 2.0, which trains first-time business founders to build a laptop lifestyle from the ground up, is Dylan’s long bet that a younger generation wants to skip the heart attacks and do it the Dylan way. “2.0” doesn’t refer to the version of his program—in fact, the current version of the training program is the third iteration.

Rather, “Agency 2.0” is meant to imply a new way of thinking about a digital marketing agency—lean, automated, bare-bones, micro-niche. Dylan teaches students to offer so much value that they can retire their day jobs and become digital nomads after closing just a few clients.

7. Rafael Dos Santos

Rafael dos Santos is a Brazillian entrepreneur who hails from London, UK. ​When he initially moved from Brazil to London, his lack of language skills and ​British qualifications stopped him from getting a good job. He became a kitchen porter and glass collector in various pubs to survive. In 2003 an opportunity came along and he got into the real estate industry. He started managing and letting rooms in houseshares in 2003 and by 2014 He had 50 houses in his portfolio and 15 employees. He successfully exited his first property business which he ran for 12 years and now he runs a marketing and PR agency as well as a media club.

6. Fabrizio Moreira

Fabrizio Moreira is an Ecuadorian politician and businessman. He currently resides in the United States and runs The Moreira Organization which is an organization that was awarded by INC 5000 as one of the world’s hottest digital agencies. Along the way he became a prolific angel investor and venture capitalist, eventually co-founding the Brooklyn-based record label VIP Music Records – a label is best known for managing the bookings of the rapper Soulja Boy from 2013-2014. VIP Music Records was born in 2009, and today, the group has agreements with The Orchard Music, Sony Music’s distribution division. To head its A&R department, the company was able to get Dwayne Domonick Grant to join them, a talented hip-hop recording artist, record producer, songwriter, and rapper, known as D-Teck, who is a former executive at Konvict Muzik. He is also a voting member of the Grammy Awards as well as an international speaker.Fabrizio Moreira is an Ecuadorian politician and businessman. He currently resides in the United States and runs The Moreira Organization which is an organization that was awarded by INC 5000 as one of the world’s hottest digital agencies. Along the way he became a prolific angel investor and venture capitalist, eventually co-founding the Brooklyn-based record label VIP Music Records – a label is best known for managing the bookings of the rapper Soulja Boy from 2013-2014. VIP Music Records was born in 2009, and today, the group has agreements with The Orchard Music, Sony Music’s distribution division. To head its A&R department, the company was able to get Dwayne Domonick Grant to join them, a talented hip-hop recording artist, record producer, songwriter, and rapper, known as D-Teck, who is a former executive at Konvict Muzik. He is also a voting member of the Grammy Awards as well as an international speaker.

5. Guruji Shrii Arnav

Few people embrace change with ease and move effortlessly across situations that may be as varied as can be. It probably comes from an assiduously cultivated capacity to evolve and grow. And to look at different circumstances as opportunities for growth, just clad in different garb! Guruji Shrii Arnav is someone who conducts meditations in ochre robes with as much as ease with which he makes his way in a boardroom, sporting a Zegna suit.

Sought after by global tycoons, world leaders, life coaches, celebs, key decision-makers, and also the normal folks in day to day life for his guidance and wisdom, Guruji’s life is a shining example of serving with humility and wielding success with compassion.

There were some great accomplishments early on for him indicating that mediocre wasn’t for him – from being an academically brilliant student to winning the Competition Success Review Mr. Super Brain Contest in the year 1999, a prestigious competition held then at the national level in India.

Never one to shy away from breaking the mold, he let go of a conventional and logical career choice in high finance, he took on a spiritual commitment and initiated his endeavours to start an organisation that would help individuals overcome obstacles of different kinds, optimise life and experience greater joy.

In 2008, when the entire world was reeling with the recession and a global financial crisis, he took a bold decision and launched www.Gemstoneuniverse.com, a web portal providing the top quality natural, treatment-free, precious gemstones.

His vision paid off and the site now has a monthly reach of 4 million unique targeted viewers including those on social media. The online retailing business of astrological gemstones has undergone a tremendous makeover and even more impressive reach and acceptance. He is widely credited with revolutionizing Gemstone e-commerce and standardizing Gem Therapy worldwide.

4, Mike Dalewitz

A veteran entrepreneur, Mike Dalewitz specializes in business restructuring and turnaround. He has built a career taking startups to multimillion-dollar success stories. He is also a highly sought-after speaker who coaches young entrepreneurs across the country where he teaches and encourages entrepreneurship through a unique blend of mindfulness and business strategy. By helping both aspiring and experienced business leaders balance the personal and professional, pursue passion projects, and gain a greater perspective, Mike supports talented professionals in developing and sharing ideas with their communities.

Born and raised just outside of New York City, Dalewitz completed New York Law School, earning a Juris Doctorate. He first worked as a lawyer before managing talent in the celebrity entertainment industry and later started a brand marketing firm in New York. He serves on various Non-Profit Boards serving Education Enrichment Programs, including Build NYC for Lower SocioEconomic HS Students, Bucks County Playhouse which brings Drama Programs to underserved communities, and creating teaching accreditation for Drama Teachers taught by Broadway talent to improve their craft and help bring Drama class back to the schools.

Dalewitz has founded companies such as The Mindful Mentor, B2L Design Build, Inspired Review, Peak Discovery, and MD Events & Entertainment. He is also the co-founder of 618 Hospitality Group and ReviewRight.

3. Peter Phillipp Wingsoe

Recognized as the original creator of the micro-endorsement space, natural-born innovator turned serial entrepreneur and veteran in digital start-ups, Peter Phillipp Wingsoe touts over 25+ years of experience in marketing, retail management, business development, strategic advisory, and consulting. With a professional background in and distinct aptitude for brand acquisition and expansion in unchartered markets and territories (i.e. Southeast Asia), Copenhagen-born Wingsoe’s comprehensive knowledge of the international landscape has made him a consummate resource within all partnered organizations. Currently a lead strategic advisor to several million dollar multinational corporations across Asia, he executively counsels the territory’s largest corporations with holdings in real estate, hotels, retail, and the F&B sectors with a personal history of having aided the growth of many companies from start-ups to conglomerates.

Previously, Wingsoe co-created and served as EVP of Pink Dot, setting into swift motion the now-popular American e-commerce and online grocery trend, and then moved on to serve as the VP of Marketing and Business Development for Blue Jay Inc. before co-founding the award-winning, full-service communications agency Entertainment Fusion Group in 2002, with present and past clients that include Oakley, LG Electronics, Lacoste, MTV, Hugo Boss, Guess, Hard Rock Hotel & Casino LV, Ubisoft and Boost Mobile. Notably, Peter co-founded the first-of-its-kind “in stream” advertising platform ad.ly, along with other household names in the digital sphere (Tinder, VMoney, Looksy.com). Splitting his time among his residences in Los Angeles, Bangkok, and Manila, Wingsoe continues to speak routinely at global forums on brand innovation, brand extensions, and SEA growth opportunities.

2. A.D. Dolphin

A.D. Dolphin, the grandson of the 1940s and 50’s music mogul John Dolphin, launched his company, Dherbs Inc., in 2004. Dherbs catalyzed an evolution in the use of herbs as a clear pathway to excellent health, healing, and an improved way of life. A.D. explains, “I always knew I would be an entrepreneur. Everyone in my family owned their own businesses and I wanted to follow in their footsteps.” He pursued a career as a professional basketball and found success overseas in Australia. Upon returning home from Australia A.D. began coaching and professional training. His reputation grew rapidly and amassed 300 private basketball students in under 2 months. “I saw how clients learned and what worked for them,” Dolphin says. “I trained each client not only according to their desires but also to their needs.” Dolphin became a trusted ally, friend, and mentee of his high profile clients.

Sideline conversations propelled A.D into real estate & music, but he found the most success with his herbal supplement business, Dherbs. A.D. road-tested what is still the company’s #1 product to date, the Full Body Cleanse. Within 7 days of the 20-day cleanse, Dolphin felt that his energy increased, his sleep was better, his thoughts were clearer, and he kicked his soda addiction. Dolphin decided to launch Dherbs as an online company. ‘I didn’t even have an email”, he laughs.

Since 2004 when A.D. and his 2 partners opened the virtual doors of Dherbs.com, they have not looked back. After over a decade of growth and success, A.D. is in the herb business to stay. “There is nothing like the feeling you get when you start helping people.” Dolphin’s philosophy is simple and clear, “The body can heal itself if it has the right fuel.” Dherbs has over 400 herbal products that can help remedy a variety of health ailments. A.D. does not rest on the laurels of financial success. He has a thirst for knowledge and information to share with clients that distinguish him as a leader in the field of health and wellness.

A.D. Dolphin, known for being Steve Harvey’s health and wellness expert, has appeared on a variety of media platforms discussing the benefits of clean eating and healthy weight loss. He has also helped transform the waistlines of high profile clientele, including Emmy Award-Winning Actress, Niece Nash, Grammy Award-Winning Singer Brandy, WeTV’s Celebrity Hairstylist Kim Kimble, Actress Sherri Shepherd, ABC’s Blackish star Anthony Anderson, Windy City Host Val Warner, and many more.

A.D. has been featured on The Doctors, Sister Circle Live, Great Day Houston, Windy City Live, MNewsOne Now, Yung Joc’s radio show on Streets 94.5 ATL, The Breakfast Club, Essence Magazine, Sheen Magazine, CentricTV.com (now BETHer), and many more. Additionally, he has appeared numerous times on the Steve Harvey Show, where he has not only helped Steve with his own weight loss but has also been involved in food demonstrations, weight loss challenges, and met face to face with people who have succeeded using his methods.

1. Armand Peri

If you’ve ever been bullied, you’d know first-hand what kind of negative long-lasting impact it can cause the victims. To be a successful entrepreneur requires not only a powerful motivation and passion but also an ability for overcoming setbacks. But setbacks can come in many shapes and forms and one of the most common forms of setbacks experienced in adolescence is bullying. Although the negative effects of bullying are lengthy and can continue well into adulthood, some entrepreneurs have found that negative experiences have had positive effects on their adult life because it allowed them to be more capable to overcome the many challenges they eventually face in their own ventures.

One such entrepreneur is none other than the incredible Armand Peri. He was once a seventeen-year-old student who used to be bullied a lot but he made a definitive decision to do something about it. He decided to get into weights so that no one would mess around with him anymore and two years later, he was rewarded for all his hard work with a first-place title in the teenage division of “Mr. New Jersey” which then led to winning the heavyweight division in the same competition two years later.

Armand Peri was originally born the son of Portuguese parents who emigrated to the U.S., settling in New Jersey when he was just 12 years of age. One of his early memories was hearing his mother tell him that they [the family] were “not born to be rich.” Rather than accept this as his inevitable destiny though, he was motivated to create his own mantra for success, and it taught him one of his most crucial life lessons: the importance of setting goals and then taking well-thought-out steps to achieve said goals.

Armand’s first goal was achieved when he was recognized and lauded for his accomplishments in the bodybuilding arena. He also won a National Talent Search, was introduced to President and Mrs. Reagan and he even had his work displayed in a prestigious national gallery, as well as in the New Jersey State Gallery of Art. To state that Armand is an overachiever is an understatement.

Armand worked his way through college, first as a bouncer, and then eventually a dancer for a male entertainment revue. This decision to take on these dancing gigs was actually pivotal in his life and would ultimately bring him success and enable him to start his own company. Armand saw an opening in a niche market that felt right and he decided to fill it. He created Hunk-O-Mania, a high-end male revue and strip club for women in New York City. He focused on every aspect of building a reputation, not just for the exotic male dancers but for the entire staff – waiters, security, and ticket takers alike. Having been a dancer himself, he was uniquely positioned to run this enterprise, understanding the psychology behind it and making customer service and satisfaction on every level the top priority. This was undoubtedly what ensured his success right from the start.

Fast forward to today and Armand is now a successful entrepreneur, investor, artist, author, and motivational speaker. His venture has grown and expanded nationwide to Atlantic City, Chicago, Miami, Boston, Philadelphia, Las Vegas, Los Angeles, Hollywood, Savannah, Greensboro, Raleigh, Baltimore, Washington, Austin, Houston, Myrtle Beach, Charlotte, Charleston, and Nashville. In his book “Unparalleled Success,” which was published in 2019, he shares his recipe for that success. He’s also frequently engaged as a motivational speaker. His genuine desire to help others to achieve true success, while keeping the focus on their professional and personal well-being, is what inspires others to find their own path to victory.

Meet The Man Behind The Cover Of The January 2021 Issue Of MoneyCentral Magazine: Bryan Legend

Bryan Legend is an Australian self-made millionaire, entrepreneur, and the founder/CEO of Clever Defi Pty Ltd. Legend is literally living up to his name as he’s conquered the Cryptocurrency world; a niche that drives uncertainty to the minds of most investors and entrepreneurs.

For the period of 8 years that Bryan has been in Cryptocurrency, he’s mastered the art and craft to near perfection. An embodiment of strategic planning and execution, Bryan has hit gold in this field with his innate crypto-oriented mindset, the evidence of which can be seen from the successful start-up companies he has created from scratch, complemented by his estimated net worth of roughly 2.6 million dollars.

The crypto industry has experienced substantial growth over the past few years, making millionaires and billionaires in the process. “Crypto itself isn’t going anywhere, but most Crypto’s are. What I mean by that is the future of Cryptography and Blockchain is here to stay, but 99% of the Crypto projects that exist today won’t be around in the near future because they are simply not geared the right way in a decentralized manner”, Bryan remarked.

As an entrepreneur, Bryan is one of the most brilliant minds among his peers. In retrospect to his beginner days, it’s been evident that Bryan Legend has always had the inbred ability in sales and an unmatched intuition in negotiations. Bryan Legend dropped out of high school at an early age to pursue higher goals, and he discovered these brilliant traits in his early 20’s and nurtured his gift to productivity by training others in ‘the art of the sale’; employing a direct approach to sales with proven results.

Bryan is a firm believer in branding, a concept on which his business success is built upon. He believes that the way people perceive your company is a direct reflection of how they will engage with you. “Always put emphasis on your brand image by building a trusted name in your industry and making sure your customers come first.”, says Bryan.

With widespread attention from interested parties scattered from around the globe, Bryan’s company, Clever Defi Pty Ltd, is into Decentralized Finance (Defi), with the goal to shake things up’ in the financial industry.

CLEVER DEFI is an innovative new DEFI Protocol that works on the blockchain by automatically distributing set interest payments to eligible beneficiaries of CLEVER Token (CLVA). Storing your wealth offers to pay much greater interest rates than primitive bank technology, which is far outdated.

“I believe that all financial institutions and financial products should be designed to appropriately ‘suit up’ for the rapid change the digital age is bringing upon us. We are offering more decentralized services whereby giving the empowerment to users, and the public is where my total focus is now toward.”, said Bryan of his company’s services.

MoneyCentral Magazine recently caught up with Bryan to discuss more about his company and his journey as an entrepreneur here’s what went down:

What would you consider as your greatest accomplishment as an entrepreneur?

Being able to work for myself and pave my own path by not having to follow anybody else’s rules is an inborn need and being lucky enough to be semi-retired at the age of 37 is something to be grateful for as my main accomplishment. Also, I have always been very materialistic at heart so being able to afford a few expensive toys isn’t such a bad thing either.

What do you think makes you successful in your field?

If I believe in something whole-heartedly and set a goal to accomplish it because of that same belief, I will find myself giving up all other life priorities and dedicate my sole efforts to accomplishing that task. Namely, starting a new business concept or enterprise.

I will give 110% focus on doing everything in my power to make sure it is successful and being productive with my time allows me to navigate those waters. Not getting distracted with any outside events that would cause me to lose focus and not letting the sight of that goal until it is complete, allows me to stay motivated throughout the whole process.

Can you tell us more about CLEVER DEFI? What is it all about?

Clever DeFi is the first truly decentralized protocol giving power to the many, rather than the few, and offers a new decentralized finance (DeFi) token with an innovative design that uses Blockchain to distribute secure interest payments to holders on a 14-day cycle. Each cycle offers up to 11% compound interest and with all 888 scheduled cycles to complete in just over 34 years. Clever Token (CLVA) has been programmed to meet a forecasted average ROI of 80.60% per annum.

It can be looked at as the new, improved, and smart way to store your wealth.

How long did it actually take to develop CLEVER DEFI?

The idea concept was initially thought of by myself in an entrepreneurial brainstorming session in early 2019. Not long after the first stepping stones were put into place by putting together the building blocks of what was to become as CLEVER. The name brand CLEVER speaks for itself and commands an expectation from the public that the protocol is smart, all-knowing, and intelligently designed.

Architecturally, there has been a lot of involvement from developers in constructing the programming code that goes in hand in hand with deployment of the CLEVER Protocol that has taken many weeks of rigorous testing and auditing to make sure it proves to be exactly what we say it is and does what we say it does.

How can we get more information about CLEVER DEFI?

The easiest and best way is to visit https://clva.com, where you will find all the information to learn more or perhaps invest.

MoneyCentral Magazine’s Top 12 Female Entrepreneurs Of The Year

Over the years, we have witnessed amazing entrepreneurs leaving their mark in the entrepreneurial world. Let’s face it, the list of successful female entrepreneurs continues to grow and evolve. There is a number of people in various professions that have gone from new kids on the block to becoming successful entrepreneurs, but this road to success is not always guaranteed. For every successful business, thousands of hopefuls fail. But for those that remain inspired, committed, and passionate, victory is an achievable target. That said, we have compiled a list of twelve successful female entrepreneurs who have accomplished not only success in their chosen field but also changed the world we live in through their innovation and ideas.

12. Kim Overton

It all started in 2006 when SPIbelts Founder, Kim Overton, went for a run with nowhere to comfortably hold her key. Afterward, she went home and assembled the first SPIbelt. After months of hard work, development, and patenting, SPIbelt officially launched in February of 2007 out of Kim’s Austin, Texas apartment.

Eleven years later you can find SPIbelt products in over 40 countries. Despite SPIbelts international success, its headquarters remain in Austin, Texas where the majority of their products are still being handmade.

11. Nikki Clarke

Starting a business with newborn or small children is not an easy feat, especially when you have to look after four of them. All Nikki Clarke initially wanted to do was make a bit of extra money on the side to feel comfortable financially. She didn’t actually start out to revolutionize the way mums looked and felt about themselves. She started Cadenshae with a $20k order of bras. She financed the entire project herself, as it was important for her not to rely on investors so she could still keep full control of the business. At the time, she had an 11-month-old baby and another one on the way, so it was certainly a risk, but one she knew would pay off as she’d stumbled across a niche market that was not being catered to properly at all. In less than five years she had 2 more kids, yet in the process, she somehow managed to grow Cadenshae into a multi-million dollar global empire.

10. Helen Getts

Growing up without any influence to have a strong business mindset, being an entrepreneur didn’t come as an idea to Helen Getts until at a much later time in her life. Raised by young parents who came from a communist country, it’s not something that was really on the table for her.

Growing up, she had to be independent, which was a great life lesson for her but which also lead her to struggle during her teenage years and eventually drop out of high school. But that hiccup in her life didn’t discourage Helen at all. She managed to get her act together – she got her GED (General Educational Development) and continued her studies at a 4-year Business University, where she received high academic achievement.

While in college, similar to most students, she took on several oddball jobs. These jobs eventually took a toll on Helen which in turn pushed her to find a better way to earn money – and that’s through selling products she loves online. After a period of time, she realized she didn’t want to just earn from this side hustle – she wanted to turn it into an actual full-time business. As a result, she ended up dropping everything else and she has been working on the e-commerce sphere now for the last 6 years.

In the first two years of being in business, Helen failed in all the things she tried, followed by three years of struggling to break even. It was only really this year that her company Topfoxx got a big break. As with many startups, she had an apartment-turned-stockroom with only four sunglasses designs to start. In a span of four years, Topfoxx has now grown into an all-female team of eight and carries over 70+ eyewear designs in styles and colours made to fit every unique personality. The Topfoxx brand has also built a community of over 260,000 followers (Boss Babes!) on Instagram alone and their designs are loved by top fashion and beauty influencers. Celebrities such as actress Brittany Snow, Kardashian’s make-up artist Hrush Acheyam, country singer Raelynn, and more have been spotted in their Topfoxx sunnies. You can also find Topfoxx on notable fashion publications such as InStyle, Elite Daily, Bustle, and more.

9. Yi Zhou

Chinese multimedia artist, influencer, and entrepreneur Yi Zhou is widely known in the international creative community for her artistic, fashion, branding, and film work. Her work is admired by a highly diverse group of distinguished intellectuals, Hollywood A-listers, wealthy patrons and the young social media audience.

Yi Zhou has a degree in political science and economics from the London School of Economics and is now continuing her education at Pepperdine University in Malibu, California. She speaks fluent French, Italian, English, Spanish, and Mandarin.

In recent years, she has endorsed a number of global campaigns including Persol, DFST – Galleria, Levis, and others. She was named the first-ever brand ambassador for China for Clarins in 2010. Since 2011, she has collaborated with such prestigious brands as Chanel, Hogan, Pringle of Scotland, Lane Crawford, and YOOX. She also collaborated with French couture Jewelry house Gripoix, launching a special collection titled “Pineapple Secret. Her animations have also inspired a clothing collection by popular French brand Each X Other.

In 2013, she was invited as the first-ever Chinese talent to be hired as a designer and creative director of a brand, to create a 360-degree project ranging from menswear, womenswear, and accessories for Italian luxury brand ICEBERG. The “Breaking the Ice” capsule collection was released worldwide in December 2013.

In 2010, she created Yi Zhou Studio, creating employment opportunities for young Chinese talents to collaborate and experiment together on international projects.

A major social media influencer, Yi Zhou has been named Tudou’s art director, art and fashion advisory member at SINA.com, and beauty and fashion ambassador for Tencent.

A passionate promoter of East-West relations, she is frequently asked to speak at conferences and events around the globe, including TEDx (Paris 2012, Beijing 2013, Zheijang 2014), LVMH Labour Day in Paris in 2013 and Financial Times Luxury Conference in 2014.

Yi Zhou has contributed to many NGOs by creating art pieces for the UN Conference for World Climate Change in South Africa in 2011, the UNDP China Rio+20 Projection in 2012, as well as World Oceans Day in 2015. Most recently, she worked with Natalia Vodianova’s Naked Heart Foundation by participating in an artwork commissioned by ETAM.

Yi Zhou ‘s short films have also been shown at Shanghai Biennale, Venice Biennale, Sundance Film Festival and Cannes Film Festival. She was selected by Venice Biennale to showcase her 2011 works, as well as new works from her solo show at the Museum of Contemporary Art in Rome titled “Fragments of Rome, past, future, parallel worlds.”

She is currently working on several international media projects and is developing her first feature motion picture.

8. Jennifer “Jen” Kem

Jennifer “Jen” Kem is a San Francisco Bay Area-based branding and marketing expert who gets entrepreneurs seen, heard, and paid – for being themselves.

She’s the creator of the Master Brand Method: a framework to develop powerful brand archetypes that win customers’ hearts, leveraging Jennifer’s 17 years of corporate experience and her launching of multiple companies.

She uses the Master Brand method in digital strategy coaching for emerging entrepreneurs, celebrity brands like Oprah Winfrey Network and Steve Harvey, and major corporations including Verizon, Blue Cross Blue Shield, and Bank of Hawaii.

Jennifer serves up straight talk wrapped in love because she understands entrepreneurs’ challenges: She built a retail business and became a millionaire at 32, only to lose it all in the recession two years later. She is now the successful owner of three million-dollar brand-building businesses and the mother of three children.

7. Brianna Rooney

Brianna Rooney was initially hired as a recruiter, a career she knew nothing about, yet somehow she managed to thrive in it and even enjoyed every second of it. Two years later, she came to a point where she didn’t feel that the company she worked for was doing her justice. Eventually, she decided to walk out of her job with no plan whatsoever because she just knew she wanted to do better, more quality work – and that’s how Techees was born. Techees is a team of recruiters that collaborate well together and help connect companies and candidates.

Today she’s 34 years old, she owns her own company called Techees, she also has three houses, as well as a  top 100 restaurant (www.mouthfuleatery.com).

6. Tahnee Elliott

When Tahnee Elliott saw a need for a quality fashion boutique, she decided to take advantage of the opportunity to fill in the gap in the market, and the result was a successful business.

She started her business back in 2000 at the ripe age of 24. She had just graduated from college in Lubbock, Texas when she decided that she wanted to go into business. Having lived in the small college town for four years, she knew there was a serious need for a quality fashion boutique. After opening TC Elli’s, word quickly spread about her business and TC Elli’s began to grow into a beloved shop where luxury is about being one of a kind, and not about how much money you spend.

Fast forward to today, and TC Elli’s now has over 40 thousand followers on Instagram and customers all over the world. She runs her business with the help of about 30 high school and college-aged women. Part of the mission of TC Elli’s is to prepare and empower women to start a business, so by delegating essential duties such as social media, buying, and budgeting to her staff – she hopes to teach all of her employees how to start, run, and expand their own company if and when they decide to do so after college.

5. Mimi G

With over 2.1 million social media followers and 12 million website views annually, DIY Fashion Expert/Girlboss Mimi G has defied all odds to emerge as the most influential woman in DIY fashion, propelling herself into the ranks of Martha Stewart, Lauren Conrad, and Chrissy Teigen.

MimiGStyle.com began as a hobby, and has blossomed into the world’s leading DIY fashion/sewing online destination, where Mimi G models her original designs/patterns ranging from business wear to swimsuits that fit the everyday girl, create free tutorials of her on-trend sewing patterns (Turn Your Jeans into a Skirt, Refashioned Sweatshirt into Dress, Men’s Shirt Into Off Shoulder Button Up), personally answers every DIY sewing question (i.e. what fabrics to buy, what projects to start with, etc.), and so much more. She also created the world’s #1 online sewing school SewItAcademy that works for everyone from the first-time sewing novice to the expert seamstress. SewItAcademy helps fashionistas of all levels master the fundamentals of sewing, work at a pace that allows time to practice, learn the importance of specific techniques, break free from mundane methods, and create trendsetting clothing and accessories.

Mimi G has worked with celebrities like Gwen Stefani and Jennifer Aniston, companies like Target, Revlon, and Google, and has been featured in People Magazine, Parade Magazine, POPSUGAR (to name a few) for making sewing hip and accessible.

4. Raquel Baldelomar

Raquel Baldelomar is the founder and president of Quaintise, a marketing and branding agency, based in Santa Monica. For 15 years, Quaintise has produced award-winning creative content for clients in the health and wellness sectors. Raquel has a finance degree from the MBA-modeled Business Honors Program at the University of Texas at Austin and began her career managing private equity portfolios as a financial analyst for JP Morgan Private Bank. In 2003, Raquel launched Quaintise and has served leading national health and wellness organizations by building their brand currencies through compelling storytelling, strong messaging, and visually engaging creative assets.

In 2015, Raquel decided to devote more time to one of her passions – changing the conversation of healthcare from sick care management to disease prevention. She is co-author of the book Sugar Crush: How to Reduce Inflammation, Reverse Nerve Damage, and Reclaim Good Health. She is also a Forbes columnist where she reports on corporate wellness, executive health, and the creative process. Raquel is also a TV host and producer for CNN focusing on stories related to executive health, wellness, and how travel stimulates creativity. Her goal is to share with audiences compelling stories that educate people on how pausing can lead to a more meaningful kind of productivity, creativity, and wellness.

3. Emily Vavra

Emily Vavra is an alpha female Entrepreneur who had a dream and went for it. This LA-based wellness leader and the speaker continue to pave the way for others as one of the top network marketing professionals. Since 2011, Emily has helped thousands of other entrepreneurs in building their own health, wealth, and financial freedom.

Emily started from humble beginnings: from being flat broke at the age of 23, she channeled her determination, knowledge, and talent for managing people into building one of the largest network marketing organizations to date. She made her first million at the age of 26, and today, she has helped more than 140,000 entrepreneurs find their own path to personal and professional success.

2. Lisa Wise

Lisa Wise is the CEO of Flock DC (Chief Flockster), a family of service companies with an innovative approach to real estate management and preservation.

Over the last 25 years, her professional experiences have all been anchored in empowering individuals as consumers, building stronger communities, and creating forward-thinking businesses. Growing up surrounded by love but short on resources, she sought security by building businesses from a young age, starting with her first enterprise, The Sherlock Holmes Detective Agency in her parents’ backyard shed.

In 2008 Lisa made a radical career change from the non-profit world to running a small boutique property management company. Today she owns a family of companies, employs over 50 people and her company manages 1.5 billion in residential real estate in Washington, DC. They do all of this while being a great place to work for and having a valuable role to play in contributing to the community. Her leadership style is about empathy, humility, and a fierce passion for justice. With her country amid a global pandemic, an economic crisis, and widespread protests for racial justice, she’s trying to step into this moment with bold and unapologetic leadership, personal sacrifices, and a commitment to caring for her team members and her community.

1. Liz Elting

Liz Elting is the founder and CEO of the Elizabeth Elting Foundation. She is an entrepreneur, business leader, linguaphile, philanthropist, feminist, and mother. After living, studying, and working in five countries across the globe, Liz started TransPerfect out of an NYU dorm room. During her tenure as Co-CEO, she grew TransPerfect into the world’s largest language solutions company, with over $600 million in revenue, 5,000+ employees, 11,000+ clients, and offices in more than 90 cities worldwide. Liz has been recognized as a NOW “Woman of Power & Influence,” American Express’ and Entrepreneur Magazine’s “Woman of the Year,” one of Forbes’ “Richest Self-Made Women,” and is a recipient of the 2019 Charles Waldo Haskins Award for business and public service from NYU’s Stern School of Business.

5 Effective Sales Strategies And Tactics to Close Deals Faster

In a world where generation after generation we have been raised to obtain a good-paying job to support the family, a man’s personal pursuit for happiness had to be put on the back burner. Today, things are so much more different than anyone could have imagined. With the advancements in technology and the World Wide Web, societies began to morph, and new ideas paved the way for new opportunities. Entrepreneurs began emerging with the tools now available for them to research, communicate, and market their ideas.

Now you have the chance to be your own boss and actually have a shot at turning what you love to do into a paying job. However, your success can’t be achieved alone. Rome wasn’t built in a day, and it definitely wasn’t built by one man. No matter what your new business endeavor is, you may at some point need to deal with investors, business partners, clients, and consumers. You depend on these entities to support your endeavor, but you have to win them over first. In business terms, you have to “close the deal” and come to an agreement on something.

Clients agree to pay a specific price for a service or product you agree to provide.

Investors agree to fund an idea that you agree to pursue.

It might be harder to close the deal with one person over another, but the one thing that they all have in common is the fact that they are just humans, like you. One thing to remember is that if you can capture someone’s attention in a positive way, they are more likely to want to back up your idea. This brings us to the first way to seal the deal with your investor or client.

Believe in Yourself

Investors especially look for someone who can convince them that the idea is worthy and a solution. If you have a great idea but lack confidence in your execution for bringing your idea to life, you’ll quickly lose their interest. Your goal is to convince your investors that you believe wholeheartedly in your pursuit. Your enthusiasm and energy play a big role in how you can convey this.

Most of the decisions that we make as individuals are based on some level of personal preference. The next four ways that can help you close a deal related to capturing the attention of investors and clients by appealing to their senses and emotions

Visual Appeal

What we see affects how we think and feel. A presentation can highly benefit from visual stimuli, such as blueprints, logos, graphs, or sketches. Whatever it may be, giving your audience something to look at will keep their mind on the concept of your idea. There is even proof that specific colors can enhance our mood, thus affecting our decisions.

Verbal Appeal

An art form in itself, being able to eloquently communicate through language to your audience is a quality that will surely impress anyone. It’s a common human characteristic that we judge others based on the way they word things and their tone of voice. Also, don’t try to overpower a conversation. Always ask for feedback or input from whomever it is that you are speaking to.

Emotional Appeal

We see it everywhere in advertisements on tv, in magazines, and on billboards. A situation is presented to you that makes you feel an emotion. This same concept can be brought into luring a client to your product or service. Be careful not to lean towards a sad or upsetting reason to try and convince your audience.

Logical Appeal

Facts and data talk. People like to see evidence of success or at least why you believe you will succeed. Doing your research on competition, consumer data, location, and product/service practicality are like science to the business mind. It looks like clear evidence to them as to why you believe you can succeed.

Each of these ways can stand out on its own if utilized in the right way to highlight your idea as an entrepreneur. Create your game plan and find an angle that you want to use to grab the attention of your audience. Typically, within the first ten minutes, an investor or client has already made a decision in their head on whether or not they want to close the deal with you. It’s not always about the final statement. The willingness for your audience to close a deal is a culmination of their entire experience with you.

5 Ways To Create An Irresistible Brand Using Storytelling

If you need to create an irresistible brand, storytelling is the way to go. Storytelling causes chemical changes in the brain that make the subject compelling to the reader and create a connection between the two. There are five features your story must-have for this to work.

The Brain Science Behind Storytelling

Our brains respond to storytelling because of the chemical processes in the brain.

Cortisol is released during tense or anxious moments. Oxycontin is the same chemical that is released when you look at puppies or babies. It promotes an emotional connection. Last, dopamine makes us feel good, hopeful, and optimistic.

A good storytelling pattern will start with empathy to create oxycontin and establish a connection with the reader. Then the writer will add tension or adversity to release cortisol. The last step is simply to solve the problem, and the brain will release dopamine.

A Means to Build Trust Between the Reader and The Brand

Besides processing the story, your brain also processes the emotions behind the story. Understanding other people’s feelings build empathy. Building empathy creates emotional connections, which, in turn, builds trust.

Establish a Connection with The Reader

It is critical to connect with your audience. If your demographic is the outdoor-loving crown, you need to resonate with outdoor values. It is especially helpful to design the brand as if the consumer is buying your story when they buy your product. This is the basis of every college swag product. When you wear something with a university name or logo, you declare yourself part of that university’s story and history.

The Struggles and Successes in the Brand’s History

Do not make the mistake of glossing over all the painful parts of your company’s history. Your story must not be all roses and lollipops. It is essential to include any adversity or conflict that your company faced. Last, do not forget to show how the situation was resolved.

Explain Why the Company Exists

Use the story to explain why your company exists, which must be a deeper reason than making money. Make this reason connect with the reader. Maybe you donate profits to after school programs or invest in saving the honeybees. Do you only buy organic ingredients or handmade African crafts? Are you working to improve the healthcare or customer service experience? Maybe you are supporting education by building a new platform to increase the effectiveness of online learning.

Describe What Your Brand Stands For

Finally, the last piece is to know what you stand for. You must have a robust definable mission that will resonate with your audience. Decide your brand’s values and how they line up with your target demographic’s values.

While writing a good back story may be difficult, this is one task you only have to do once. The return on investment for this will rebound year after year. Do not miss out on this must-do brand marketing strategy.

Meet The Man Behind The Cover Of The December 2020 Issue Of MoneyCentral Magazine: Rodney Foster

Rodney Foster is the CEO of a multimillion-dollar wine company known as “Edelheiss Wine” – he’s also a famous cast member of the hit TV show “Marrying Millions” which airs on The Lifetime Network.

The idea for Edelheiss Wine came about while he was on a vacation in St. Moritz, Switzerland after attending an event called Polo Snow Cup on Ice. Before he traveled to Switzerland, a colleague previously mentioned to him that he should try a certain wine in Switzerland that they typically serve warm like hot tea or coffee. The second day he was in Switzerland he eventually found a restaurant that serviced this type of wine – it was called a “Mulled Wine.” Rodney has never tasted warm wine before until his first visit to Switzerland so he wasn’t sure how he initially felt about it.

Mulled Wine didn’t really impress Rodney initially, but after the second and third time he tried it – that’s when something clicked. He fell in love with the wine and that’s when he started thinking of ways to bring Mulled Wine into the US soil. He also wanted to create mulled wine but using better ingredients as well as making a more organic version.

The next step was to create a name for this product. A contact Rodney met in Switzerland suggested the name “Edelheiss” – it was supposed to be a twist to the white flower that grows in the Alps of Switzerland and which is called “Edelweiss.” That same contact introduced Rodney to his brother in law who was very knowledgeable about wines. He met the brother in law via Facebook – they immediately clicked and that person eventually became Rodney’s business partner.

His new business partner sent Rodney a family recipe to recreate the wine according to his taste. After much experimentation, Rodney’s mother’s suggestion of adding some peach brandy to the mix took the wine to another level – it became a Fortified Wine which many people can enjoy at just room temperature in a wine glass but then you can also heat it up like a mulled wine and eve make Sangrias with it.

MoneyCentral magazine recently caught up with Rodney to discuss his journey and here’s what went down:

What are you currently doing to maintain/grow your business?

Due to the pandemic, Covid-19 protocols, and mandates, our team has developed various social media campaigns to heighten our online presence utilizing all platforms. We are participating in virtual wine events, zoom interviews for Edelheiss Wine, sponsoring celebrity’s events on zoom, and promoting the brand on Lifetime’s Marrying Millions television series. We also executed a relaunch, rebranding our entire product line ( Signature Red, Sparling, White, Sparkling Rose’ and Riesling) and our website, www.edelheisswine.com.

What social media platforms do you usually use to increase your brand’s awareness?

We use Instagram, Facebook, Twitter, we are about to start using Tik Tok, and Snapchat. One of the main ways we increase brand awareness is by word of mouth.

What is your experience with paid advertising, like PPC or sponsored content campaigns? Does it work?

Our experience with paid advertising has been a pleasant one. Paid advertising has brought awareness to the brand. It works perfectly for our current and potential clientele.

What is your main tactic when it comes to making more people aware of your brand?

Our tactical approach to ensuring brand awareness of Edelheiss Wine is engaging with customers on social media, in-store tastings, hosting virtual tastings, and other intimate experiences. We are always exploring ideas to promote the brand. We stand out because we have immersed ourselves into mainstream media, maintaining a high-quality product, and remaining culturally-driven.

What form of marketing has worked well for your business throughout the years?

Marketing that worked for Edelheiss throughout the years is again social media, publications, t-shirts, hoodies, and simply educating people about wine and about the Edelheiss brand, specifically.

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

The toughest decision I had to make within the last year was deciding to buy my business partner out of Edelheiss Wine. Our goals and drives were not the same. We no longer shared the same ideals and passion to drive the brand forward.

What money mistakes have you made along the way that others can learn from (or something you’d do differently)?

One of the money mistakes I made growing Edelheiss is not using FedEx, UPS, or any Air Freight to ship a large shipment of Edelheiss Wine. I mean not to ship 20 cases or more, it’s just too expensive.

What new business would you love to start?

Though I am in the process of starting my own Hemp Vodka and other infused beverages, expanding into food pairing opportunities with my current brand, I am also preparing to launch my production firm to produce my own documentaries/reality shows for television and also my own Luxury Lifestyle brand.

If you could go back in a time machine to the time when you were just getting started, what would you do differently?

If I could go back in time when I started Edelheiss Wine, I would just not listen to people who would make decisions when it comes to when I have to pay for services. A lot of decisions I made in the past were learning lessons and some failures, but that’s how you grow from those mistakes.

What is the best advice you have ever been given?

The best advice I was given was to do your own research. This allows us to be educated about our approaches and ventures, but also saves us so much time and money.

What advice would you give to a newbie Entrepreneur setting up their first business?

Do your research on what is it that you are going to do or create. If they are going to create a product look into where the funds will come from if you don’t have a pot of gold to pull funds from.