Business

Kamil Sattar Levels the Playing Field

Published

5 years ago

September 12, 2020

The COVID-19 pandemic has caused rippling shifts in the global economy. With constant disruptions in international supply and demand, the retail industry has been hit particularly hard. Large retail companies have had to take drastic measures, pulling from their deep pockets to mitigate the damage. Many smaller firms, without the necessary emergency reserves, have had no choice but to exit the market entirely.

While disruptions have hit all aspects of the retail industry, the impact has been largely asymmetric. Online stores are faring significantly better than their brick-and-mortar counterparts. Despite pandemic-borne challenges, such as supply chain issues and changes in regulations and customer habits, e-commerce firms have proved to be inherently more able to adapt due to their independence from a physical staff and concrete locations. In addition, community quarantine and social distancing measures have brought much of the typical retail activity online. As a result, the pandemic has served to demonstrate the capabilities of e-commerce as well as catalyze its growth into an increasingly significant aspect of the retail industry.

Among the various business models available, drop-shipping is one that fully demonstrates and capitalizes on the potential advantages of e-commerce. Drop-shipping allows a retailer to do business without physical contact with customers or suppliers. Instead, a drop-shipper serves to connect interested customers with the relevant manufacturers or wholesalers. In this manner, drop-shippers serve to take on both retailing and marketing functions. Through this added value, drop-shippers are able to negotiate profit margins depending on their proficiency in moving a supplier’s products. Drop-shipping is also unique in that it has very few barriers to entry, with little need to hold physical stock. These advantages have led to a continuing surge in the drop-shipping industry despite the challenges of the pandemic.

British entrepreneur Kamil Sattar is proof of the potential to be found in drop-shipping. When Kamil was only twenty years old, his companies were already earning a combined revenue of $3,000,000 a year. Aside from his staggering personal financial success, Kamil has also mentored aspiring entrepreneurs in drop-shipping, many of whom have moved on to create their own stores amounting to hundreds of thousands of dollars. In the face of these achievements, Kamil wants the latter–helping others achieve their entrepreneurial goals through dropshipping–to be his lasting legacy.

Kamil himself lives in a sort of Spartan austerity, with little taste for personal luxury. Kamil’s primary motivation was and continues to be his family. Seeing his poor immigrant parents struggle financially gave Kamil the spark to do more and to provide for his family a secure and consistent stream of income. Despite his success, Kamil maintains his humble aspirations, aiming primarily to secure a future for himself, his parents, and his future family. Kamil aims to secure his financial future to be able to retire by age 40, dedicating the rest of his time to quality moments with his family.

Kamil’s rough upbringing and the struggles of his parents were the main drivers toward achieving his dreams of financial success. These also drove his desire to in turn help others in achieving a similar level of accomplishment. Kamil wants aspiring entrepreneurs to be offered the same opportunities that helped him reach where he is today. Those with the right entrepreneurial mindset, Kamil believes, would be able to take advantage of these opportunities and reach their own goals.

To achieve his dreams of granting equal opportunity to aspiring businessmen, Kamil offers himself for seminars, interviews, and public speaking events on top of his mentoring business. During the pandemic, Kamil also documented his extensive knowledge in drop-shipping to create mentoring courses, which he released free of charge. Kamil aims to create and release more of these courses annually in order to help those who cannot afford paid courses.

If you want to learn more about Kamil’s story, you can follow him on his Instagram, @kamilsattarofficial. Kamil may be booked for mentorships, seminars, interviews, and public speaking events on his website at kamilsattar.com.

Business

Derik Fay and the Quiet Rise of a Fintech Dynasty: How a Relentless Visionary is Redefining the Future of Payments

Published

2 days ago

October 17, 2025

Matthew Wiles

Long before the headlines, before the Forbes features, and well before he became a respected fixture in boardrooms across the country, Derik Fay was a kid from Westerly, Rhode Island with little more than grit and audacity. Now, with a strategic footprint spanning more than 40 companies—including holdings in media, construction, real estate, pharma, fitness, and fintech—Fay’s influence is as diversified as it is deliberate. And his most recent move may be his boldest yet: the acquisition and co-ownership of Tycoon Payments, a fintech venture poised to disrupt an industry built on middlemen and outdated rules.

Where many entrepreneurs chase headlines, Fay chases legacy.

Rebuilding the Foundation of Fintech

In the saturated space of payment processors, Fay didn’t just want another transactional brand. He saw a broken system—one that labeled too many businesses as “high-risk,” denied them access, and overcharged them into silence. Tycoon Payments, under his stewardship, is rewriting that narrative from the ground up.

Instead of the all-too-common “fake processor” model, where companies act as brokers rather than actual underwriters, Tycoon Payments is being engineered to own the rails—integrating direct banking partnerships, custom risk modeling, and flexible support for underserved industries.

“Disruption isn’t about being loud,” Fay said in a private strategy session with advisors. “It’s about fixing what’s been ignored for too long. I don’t chase waves—I build the coastline.”

Quiet Power, Strategic Depth

Now 46 years old, Fay has evolved from scrappy gym owner to an empire builder, founding 3F Management as a private equity and venture vehicle to scale fast-growth businesses with staying power. His portfolio includes names like Bare Knuckle Fighting Championships, BIGG Pharma, Results Roofing, FayMs Films, and SalonPlex—but also dozens of companies that never make headlines. That’s by design.

Where others seek followers, Fay builds founders. Where most celebrate their exits, Fay reinvests in people.

While he often deflects conversations around his personal wealth, analysts estimate his net worth to exceed $100 million, with some placing it comfortably over $250 million, based on exits, real estate holdings, and the trajectory of his current ventures.

Yet unlike others in his tax bracket, Fay still answers cold DMs. He mentors rising entrepreneurs without cameras rolling. And he shows up—not just with capital, but with conviction.

A Mogul Grounded in Real Life

Outside of business, Fay remains committed to his role as a father and partner. He shares two daughters, Sophia Elena Fay and Isabella Roslyn Fay, and has been in a relationship with Shandra Phillips since 2021. He’s known for keeping his personal life private, but those close to him speak of a man who brings the same intention to parenting as he does to scaling multimillion-dollar ventures—focused, present, and consistent.

His physical stature—standing at 6′1″—matches his professional gravitas, but what’s more striking is his ability to operate with both discipline and empathy. Fay’s reputation among founders and CEOs is not just one of capital deployment, but emotional intelligence. As one partner noted, “He’s the kind of guy who will break down your pitch—and rebuild your belief in yourself in the same breath.”

The Tycoon Blueprint

The playbook Fay is writing at Tycoon Payments doesn’t just threaten incumbents—it reinvents the infrastructure. This isn’t another “fintech startup” with a flashy brand and no backend. It’s a strategically positioned venture with real underwriting power, cross-border ambitions, and a founder who understands how to scale quietly until the entire industry has to take notice.

In an age where so many entrepreneurs rely on noise and virality to build influence, Fay remains a master of what can only be called elite stealth. He doesn’t need the spotlight. But his impact casts a long shadow.

Conclusion: The Empire Expands

From Rhode Island beginnings to venture boardrooms, from gym owner to fintech force, Derik Fay continues to build not just businesses—but a blueprint. One rooted in resilience, innovation, and long-term infrastructure.

Tycoon Payments may be the latest chess piece. But the game he’s playing is bigger than one move. It’s a long game of strategic leverage, intentional legacy, and generational wealth.

And Fay is not just playing it. He’s redefining the rules.