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Interviews

Interview with Darion Kitchens CEO of Kitchens Equity Group

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I had the pleasure of interviewing Darion Kitchens CEO of Kitchens Equity Group, raised in Irvington, NJ. Darion Kitchens is a multiple business owner and local non-profit organizer, everything from a real estate investing to and financial consulting company. The 26-year-old multiple business owner knows no limits when it comes to business, and while talking to him you can tell fear especially in business is nonexistent to this young man.

Thank you so much for doing this with us! Can you share with us the story of how you decided to pursue this career path? What lessons can others learn from your story?

Thank you so much for having me. It is truly a great honor, Thank you. This is my first interview, so this is a significant milestone for me. Absolutely, I was always a hard worker and love to hustle, but I guess as you start getting older you realize the same energy I putting for this CEO. I can put that same energy within myself.
The one thing about me is I would bet on myself a million times even if I’ve already failed 3 million times. I’m a high stakes hustler, anybody you can find would agree with that lol. You just get tired of maintaining someones else’s dream and legacy. I want my own. And, The only lesson I have is always to have faith and stick to the game plan.

Can you tell me about the most exciting projects you are working on now?

I am actually working on a non-profit under my organization to help High School, and College athletes understand financial literacy. I’m starting this because they hear the same thing over and over again “Save your Money,””Invest your money,” “Do buy this or “Don’t by that.” It always has seemed crazy to me because you’re giving a 20-year-old a multi-million dollar deal, that just went from no having little to no money to getting a $10 million check overnight”. The purpose of this organization is to build a foundation on things they don’t teach us while we are in school for 8 hours day/5 days a week.

This gives the athlete more confidence and has the knowledge to maintain and build because the foundation is already there, they’ll have more experience on personal credit, business credit for investment ventures, how to buy and maintain the things they want, etc. So, I’m proud of what the company is building and can’t wait to roll it out.

None of us are able to achieve success without some help along the way. Is there a particular person who you are grateful towards who helped get you to where you are? Can you share a story about that?

Yeah, My mother(Sonya Caldwell). There’s no describing our relationship, the amount of love cant be counted nor described. She is the most powerful person I know. I will do anything in my power to make sure she gets everything she wants. Also my grandmother(Sandra), and my aunt(Beverly). All three of those women are dear to me. I’ll do anything for them. That simple.

How can other people help to bring positivity into the world?

I am huge on giving people hope when the odds are against them, just giving a much game as possible.

What 3 things would you advise someone who wanted to emulate your career? Can you share an example for each idea?

That’s crazy part is about this question. I emulate so many styles as far as business. I have picked up things from the likes of 50 Cent and Robert Krok, what great examples right (laughs). So somebody wanting to emulate my business style
the first thing never sell yourself short, the second thing know your value, the third thing would be if you’re going to do something don’t half-ass it, you got to be a high stakes hustler. Go all in.

What is your favorite “Life Lesson Quote”? Can you share a story of how that had relevance to your own life?

This is a good one. I was attending Essex County College at the time, and my marketing professor told me after ” Darion, it’s not where you get the education and its how you get it … You dont need to be here”. I never went back after that. After that day
I told myself I would make it without it, just as a personal goal from myself and I also didn’t like to have to owe 60-70k (laughs). Not a big fan of debt(laughs).I love that question.

You are a person of great influence. If you could start a movement that would bring the most amount of good to the most amount of people, what would that be? You never know what your idea can trigger.

Thank you. And I would just start a movement I guess for people to be comfortable in their own skin and move at their own pace. Sometimes you find your self-caught up with trying to keep up with celebrities, athletes, models, shit even pictures. I used to be caught up with always having $2000.00 outfits but never could show for it unless I got my check on payday. Once I cut that mindset out, I start seeing the bigger picture. Now hopefully I can keep wearing nice things(laugh), but a couple of businesses are owned by those nice things as well.

How can our readers follow you on social media?

Thank you for having me, I am grateful for this opportunity. You can follow me on Instagram @cigars_n_caviar. That’s all I got for you (laughs). Thanks again

This was super inspiring. Thank you so much for joining us!

Anthony Delgado (born February 6, 1986) is an American software developer and internet entrepreneur widely known as a professional hacker in the developer community. Anthony Delgado has won numerous hackathons sponsored by Fortune 500 tech companies like Google, IBM, Intel, Facebook and Microsoft and hosted by organizations including Rutgers University, the New Jersey Institute of Technology, the AT&T Developer Summit in New York City.

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Entrepreneurship

Derek Hurtado – Building a Vacation Rental Business

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Recently, I sat down with Derek Hurtado for an interview. Derek is a social media influencer and owns a vacation rental company. We talked about his business model, how it works, and much more.

  • Hey Derek, what is the basic rundown of the Airbnb Business Model?

Derek: Our model tends to differ from the conventional by providing both a higher ROI and better quality tenants. To build out a luxury brand of vacation rentals, location is key! Our first step involves researching popular markets both on a city level and a zip code level. This allows us to use data from our research to best predict profitable properties. Once we have narrowed in on our location, we investigate which available properties will perform to our standards. We create an analysis of our predicted revenue and compare that to the overall expenses. Did I mention we don’t buy our properties? We are looking for 12-month rental properties where we sign a lease and usually pay a month or two upfront to appease the landlord. After that, we begin furnishing, decorating and stocking the unit to be staged for guests! Then we are ready to go live! As guests arrive and cycle through our property, we have cleaning and guest correspondence semi-automated. This removes the need to ever be on the location of properties and reduces our admin duties to only 10 hours a week!

  • Where did you discover the business model, and how did you start?

Derek: Vacation rentals have been around for decades! It is only recently that technology has been booming in this industry. This has allowed a big increase in creating monthly cash flow. As we grow our businesses and long term investments.. cash flow becomes ever more necessary. My business partner had millions of dollars in equity on real estate projects, yet that equity doesn’t pay the bills. This business model initially allows a consistent cash flow for those working on long term projects which is our exact case. As we get into bigger markets like resorts and commercial real resale projects, AirBnB allows us to get our bills paid and cash flow to spend each month!

  • What is the ideal rental?

Derek: The biggest fear of new Airbnb hosts are the nightmare guests. About 90% of bad guests can be avoided by the ideal rental and its setup. We look specifically for higher-end rentals that allow us to bring in high-income business guests or families. When you are dealing with higher income guests, they tend to be more respectful and tidy. Even offering a printer in the property will attract business guests. Those are the guests we are trying to build long term relationships with.

  • You own a social media agency, Pivotal Point. How have you leveraged social media to grow your rental business?

Derek: A great benefit of building your brand online is to create new connections. Although Airbnb is a completely different industry, human networking and connections are important no matter what space. Being able to leverage my brand, I have made deals and setup potential investors for scaling the rental business. Applying branding strategies to the properties will promote community and clarity on who we serve. Which are high-income business owners and their families.

  • What is an ideal rental location?

Derek: Recently most people are afraid to jump in with all these regulations and potential laws banning properties. Truth is that there are only a few cities that are strict on their policies. Just search on Airbnb for a location you are interested in and you can see 1000s of results that show up. Any place that has high traffic for travelers is ideal.

  • What are your plans with your business?

Derek: We are going to rapidly scale our AirBnB unit numbers to the 100s soon. As well as build out our new management agency that will take care of the property owner’s units that are suffering. We will take on management for a small fee and improve their revenue, sparing them the time!

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Entrepreneurship

Learn To Sit Back And Observe, Not Everything Needs A Reaction With Mitch London

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What’s your backstory?

I’m Mitch London and I am Wilderness Expert and a Lover of Jesus. I help men gain clarity in their purpose, grow in their leadership and walk in their God given Identity by slaying the giants of self-doubt, limiting belief systems and removing false ideas about their identity.

 I excelled in just about every area in life. Had a great marriage, wonderful kids, ascended to the top in just about every career I had……but it was empty. I was chasing a “task” and calling it a purpose. It wasn’t until I focused in on my Identity that things really opened up. My business quadrupled, marriage has never been better. I’m living life in a way that best suits me.

 After years in the corporate world and feeling the pull of Entrepreneurship I successfully built a location independent 6 figure marketing agency. Giving me the option to live life with purpose and intentionality. As a Sales and Marketing Innovator, I have over 15 years’ experience in Sales & Marketing as well as 10+ years in a coaching/mentor capacity.

 I have taken my love for the outdoors and knowledge of entrepreneurship, business and leadership and combined them to create a platform for men to breakthrough self-doubt, limiting beliefs and to finally face the giants on their path to success and truly excel in life, family and business.

 

What made you decide to choose this career path?

I have always had a passion for the outdoors and the transformative power of being in the wilderness. I have seen so many men struggling to find their purpose and calling in life but the day to day noise is too overwhelming and deafening to be able to quiet the mind enough to seek direction. Knowing that I can help guide and encourage men to find their calling and purpose in life drives me. It creates a ripple effect in the family and community. 

Can you share a story about the funniest mistake you made when you were first starting? Can you tell us what lesson you learned from that? 

Yes, thinking that “swag” is helping to build your business. And the promotional materials are needed even before you have a business developed. Promoting something that doesn’t really exist yet is just a waste of money…lol Ordering t-shirts and stickers makes you feel like a real business until you realize that’s the only thing your customers have to purchase from you.

 

What do you think makes your company/personal brand stand out?

The combination of breakthrough and mindset coaching that take place in the wilderness is a unique offering. By not only encouraging men but placing them in a location to make that transformation has been an incredible combination.

 

What’s a quote that you live by? 

“Man is not looking for pleasure. He is looking for meaning. When he can’t find meaning he drugs himself with pleasure.” – Viktor Frankl

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Interviews

Here’s How Companies Can Eliminate Dead Stock with Print on Demand Vs the Traditional Route

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It is no secret that many companies have at one point in running business dealt with a dead stock problem. You have goods stored that are no longer being bought. When you have dead stock, the business will most likely suffer a reduced cash flow that might have gone into more meaningful use. Dead stock also uses up precious storage space and other expenses that tag along. 

Not all companies, however, have had to deal with a dead stock problem. 

Teelaunch, a print on demand fulfillment company is making it possible for its customers to completely do away with dead stock. As such, the company is saving clients up to 30 percent, money they would have previously had to spend on expenses related to bulk production, transportation and storage. The following article discusses the print on demand model and how it can help companies eliminate a dead stock problem.

How To Avoid Dead Stock With Print on Demand.

The most important benefit of print on demand is the elimination of product storage costs, inventory, and raw material. While the inventory of finished goods was considered an asset in the traditional production method, it is not the case with print on demand. The latter has changed the status quo and now inventory is simply referred to as dead investment, waste, or in the fairest description possible, unnecessarily incurring additional costs.

With print on demand, a company is able to create products quickly and put them up for sale in a very short time. You just need to have the design ready, and as a matter of fact, you can use one design for several products. Once you have adopted print on demand there will be nothing like holding an inventory. As such, the business enjoys low investment and even lower risk. 

Design, Test, Sell, and Grow

Though critics have attempted to downplay print on demand by claiming that it is not as profitable as the traditional route, the former boasts of some unparalleled advantages. 

Firstly, print on demand adds value to finished products due to its increased efficiency.  

Secondly, the fact that you are not holding any inventory physically, it will be easier to add or remove products, test new ideas, and pivot business strategies. 

Thirdly, testing a design or a product like print on demand companies do allows them to avoid making costly mistakes. 

For instance, in the traditional method, a company would produce hundreds or thousands of products on a specific design, only to find out that they made a mistake in the process and now the products cannot go to the market. 

With the print on demand model, however, such mistakes are almost unheard of. Once the first product is done, if it is not up to the client’s specifications, edits can be done on the spot thereby avoiding a massive loss or stored products without a buyer. 

The print on demand model also allows the business to grow in terms of innovation. The reason behind this is that with customers always coming up with unique ideas for the products they want, the business can only steer in the right direction in terms of keeping up to date with the latest industry trends.

Eliminate The Traditional Guesswork

In the traditional bulk production model, companies had to invest lots of money in inventory management. There was always the need to accurately predict demand for a product, which in most cases ended up creating a dead stock problem for producers. 

Companies that still invest in forecasting demand are no better than any other establishment applying pure guesswork in business. Forecasting involves too many variables that make the process all the more unsure and unreliable. Print on demand is a surer and less risky production method. Companies that choose print on demand over the traditional route don’t have to go through the trouble of projecting the future. 

Conclusion

The key to avoiding dead stock in any business lies in first identifying the cause of ‘death’, and then monitoring and preventing future dead stock. The only sure way of hitting these two birds with one stone is to change from the traditional route to a print on demand model. 

 

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The Disrupt Podcast tells the stories of the world top entrepreneurs, developers, creators, and digital marketers and help empower them to teach others the skills they used to grow their careers, chase their passions and create financial freedom for themselves, their families, and their lives, all while living out their true purpose. We recognize the fact that most young people are opting to skip college in exchange for entrepreneurship and real life experience. This Podcast is designed to give them a taste of that.

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