How He Lost $300M and Came Back Stronger
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How did Derik Fay become a successful entrepreneur?
Everybody overestimates what they can do in a year and underestimates what they can do in 10. It's 10 years. If you're 18, that means you're 28. If you're 28, it means you're 30. If you're 30, it means you're 48. Who gives a shit? Sir French, what up?
Bis zum nächsten Mal.
Was ist up, everybody? Welcome back to another episode. I am your host, Sean French. Today I have with me a good friend, Derek Fay, who is a serial entrepreneur, been an entrepreneur for most of his life. In 2002, he founded 3F Management, which is a venture capitalist company. And this guy has built over 30 businesses and helped them exit successfully with seven, eight, nine figure payoffs. He is a dude that, you know, I hold dear to my heart. Good dude. And the thing that I love about Derek is he started from nothing. He was born into poverty and made his way. And by 2023, he was worth some amazing, obscene amount of money. But the thing that I love about him mostly is you would never know it. Humble dude. Super excited to have him on the show. Derek, welcome, buddy.
My friend, we finally did it. Dude, we've only been trying for what, three years? Three years. So it's funny because like I walked in, I walked in, the team's like, You got Derek today, right? I was like, Jace did. And I'm like, yeah, man. He's like, dude, long time coming. Holy shit, man. How long did that take? I was like, well, you know what, man? I could think of it like that. Right? Because, you know, we've been talking about it for quite some time. Hey, let's do this. And then it just didn't work out. And then, but what I really boiled down to, I was like, no. This is when it was supposed to happen. Everything happened. You know, because now the show is in such a different place than it was three years ago.
I'm like, why burn the interview if it doesn't need to be where it's at right now? So I'm jacked to have you on at this point, man. Sometimes, too, the easiest things are the hardest things to get done. Yeah, dude, seriously. We'll do it, we'll do it, we'll do it. You live like 20 minutes from each other and it's almost like I see people in West Virginia more than I see you. So it's just like, it's crazy. But dude, so what's been going on, man? Well, first, thank you for the last part of the intro, because the thing that I pride myself the most, which is, you said that you wouldn't know it. And because of where I, and we'll get into all of this, because of where I started A lot of my peers don't act in accordance with what I think a successful man should act.
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Chapters
2 chaptersSpeakers
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