The Vault Melrose Co-Founders Sebastian Moftakhar, 17, (left), and Rami Eadeh, 31, (right). Courtesy of Ben Norouzi.
Although most other 17-year-olds are satisfied with just focusing on school, Sebastian Moftakhar has already founded a retail storefront in one of the most prime locations in Los Angeles with his partner Rami Eadeh. The Vault Melrose is a sneaker store and recording studio located on Melrose Avenue, frequented by celebrity names like Swae Lee, Jake Paul, Madeintyo, SOB X RBE, YBN Cordae, Lil Mosey, and others. Moftakhar also throws parties and events in Los Angeles each generating 5-figure revenues with live performers under his brand “310.” I had the chance to interview him to learn his story and to share the strategies behind his success.
When did your entrepreneurial journey start?
I had always liked sneakers, but it was an expensive hobby to have. In the sixth grade, my parents told me that they wouldn’t fund my sneaker obsession any longer. The only route I had was to pay for my own sneakers. I figured out that every weekend high demand sneakers were selling out and reselling for more on the resale market. I saw that I could take advantage of this opportunity to make money to afford my own sneakers. I would buy three sneakers, then sell two of them and that profit would pay for me to keep the 3rd. I decided to scale this model and made a business out of it. I called it Snkrs Supply. I started selling rare sneakers and clothing to the other students at my school and in the area as well as celebrities and athletes. I became known as the “sneaker plug” and had every “hypebeast” coming to me for every release. I also sold on Facebook Groups and my website.
What businesses are you involved in today?
My time is split between running two businesses, the first being an event company called “310.” I host events and parties in Los Angeles bringing music artists to perform, and charging approximately $20 a ticket. We provide unforgettable and enjoyable experiences. I have a whole team of people helping with these events from a DJ to a professional security team to multiple different photographers.
Next, my partner Rami Eadeh and I created a sneaker reselling store within a music recording studio located at 7372 Melrose Ave and combined the popular cultures of both hip-hop and fashion into one community space located in the mecca of “The Culture.” We frequently network with artists and celebrities providing them with studio time and sneakers. It’s great that we found a way to combine these two worlds and I hope to create more joint experiences like this in the future.
What other activities are you involved in?
I had a big passion for basketball. I’m on the Varsity team at my school, and I dedicate a large portion of my life to it. I’m also News Editor and Business Manager of The Student Voice, my school’s newspaper, and President of both Entrepreneurship and UNICEF Clubs. I’m able to manage getting good grades in school, participating in extracurriculars, and running my businesses by having really good time-management skills and a lot of passion.
If you had one piece of advice to someone just starting out, what would it be?
People are often stuck in the trap of believing their goals are impossible or require too much work to achieve. They have a mindset where they think they will either succeed or fail. You have to have a growth mindset, where instead of worrying about failure, think about it as an opportunity to learn and grow. With this mindset, you take each failure you’ve had, examine and learn from it, then try again. Most entrepreneurs fail several times before they get it right. So take a chance and chase that seemingly impossible goal, the worst thing that can happen is you’ll learn something.
From Broken Relationships To Whole Relationships
I had a quick chat with Stefanos Sifandos who merges the best of eastern and western methodologies and philosophies to promote balance, sacredness and joy in life. Using integrative techniques and methods, Stefanos has created programs, models and systems to enhance the quality of your life, your intimate relationships and in essence bring you closer to your potential. He transforms you to become the better you. I asked him a few questions about success and here is what he had to say.
When was the first time you tasted success Stefanos?
I first tasted success when I chose to ‘do the work’. When I chose to get real with myself and realise that my life wasn’t where I wanted it to be. When I became willing to explore my painful past and committed to growth and to contribute to the world in a meaningful way. That commitment was my first taste of success.
Many individuals fail to “do the work” or even start so congrats! What is your end goal with this?
I feel successful in my service and business now. I simply want to continue to expand this. I want to continue to expand because I believe in my message, my service and that people want to be more connected, intimate and bonded in union. We are searching for deeper connection in relationship to self, to others and to ideas and purpose. I believe in the tools I offer people and truly believe it is my path to serve others in this way. My ‘end goal’ is to serve humanity and Earth at the highest possible levels – creating global systems that transform the way we govern ourselves and bring us greater evolutionary peace.
Thank you for taking the time to chat Stefanos! Do you have any words of wisdom for readers at home?
Whatever you do in life, be willing. Be willing to look at the tough stuff, be willing to venture in to the unknown, be willing to celebrate your wins, be willing to share, to be ‘wrong’ and be willing to believe in your dreams.
Social Media Mogul in the Making: Julian Reeves
I had the opportunity to talk to Julian Reeves who is a creative executive that transitioned from being a freelance video director to a software company Co-Founder. Growth X is built on the premise that content conglomerates like Google, YouTube, & Instagram can provide entrepreneurs with significant incomes – even more than mainstream corporate jobs. I asked him when he really tasted success for the first time and here is what he had to say:
When was the first time you tasted success Julian?
The first time I tasted success was when I started dropshipping in early 2018 right before it became super mainstream. After running a massively successful influencer campaign, I generated $10K in 48 hours from a women’s clothing store I had built a week prior. This was my first time making a dollar online and I’ve been hooked since. In terms of a way to make money with the least startup costs – ecommerce was in a world of its own. I knew from there I would become a millionaire from the internet.
That is amazing! Not many people have that drive like you do. So, why do you want to be successful and what’s your ultimate vision of success for yourself?
I want to be successful so that I can make my imprint on the world. If you look at all the major pieces of culture: Adidas, Gucci, Dell, Audi, Forbes, Bacardi, Fendi, Ferrari – all of these companies are someone’s last name. At this point in time I’m one of the only entrepreneurs with ambition in my family. My family has never seen massive entrepreneurial success before, and being that i’m living in one of the most progressive technological eras EVER – I want to be the one that leads the charge. My ultimate vision of success is financial freedom and time freedom. Not being a slave to the company i’m running, but consistently traveling and impacting different parts of the world. Creating a massive influencer network with the top athletes, musicians, politicians and business leaders and curating partnerships between uncommon entities.
Now what is your end goal Julian?
My end goal is to own a venture capital (vc) firm that invests millions into numerous startups that are making changes in society. Beyond money, I know that children are the future. After I’ve reached my financial goals I want to buy my own island – similar to Tony Robbins and Kanye West and really create a new society. Natural foods, fresh water, removing the super toxic parts of American society and attempting to build my own utopia. I feel like that’s what legacy is in its truest sense. If I can leave an impact in the form of a new way of living and a new generation of people I’ll feel like my job is done.
Thank you so much for sharing your story Julian! I know this will motivate and inspire others. Do you have any last words of advice for others?
For anybody who wants to be the best at what they do, you have to be uncommon amongst uncommon people. You have to find who works the hardest and work even harder. The world is good for rewarding mediocrity and that’s why I constantly urge people to get uncomfortable. Do something everyday you hate doing. Wake up earlier, eat that salad, don’t look at social media for 12-24 hours. If you take anything from this, take risks. Get used to being uncomfortable and finding peace within that. Become obsessed with being the best and don’t compare your path to anyone else’s.
How A Soul-Centered Entrepreneur, Jenna Faye, Had a $77k Launch
I was able to sit down and talk with Jenna Faye who works with entrepreneurs to scale their business to sustainable 6+ figures while igniting a movement doing their soul’s work. She is an Online Business Strategist and is the Co-Founder of Soul Meets Strategy™ Business Solutions which she runs alongside her fiance. Jenna has been location independent for 2 years and currently lives in the mountains of New Zealand. I got to ask her about her vision of success and here is what she said:
When was the first time you tasted success Jenna?
To me success is how I feel when my head hits my pillow at the end of every day. I ask myself did I show up to the best of my ability? If yes, then it’s been a successful day.
I first started to truly feel successful in my business when I started to see my clients having amazing transformations while my income grew to match the time and energy I was putting into my business.
I bet it is a great feeling when you deliver client results! So, why do you want to be successful?
I want to continue on my success journey so that I can empower and support other entrepreneurs to scale their businesses into the multi six figures so that they have the resources to sustain themselves and serve more people.
My ultimate vision is to guide 1 million soul-centered entrepreneurs to igniting movements of positive transformation so that humanity can shift from a profit above all business model into a conscious model that balances people, profit, planet and personal growth equally.
Thanks for sharing your story Jenna! Do you have any last pieces of advice for readers?
Your business is meant to the bigger than you. When you are focused on igniting a movement with your work, everything else falls into place.
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