Business
Powering the Future With Sustainable Construction
With climate change causing real, tangible changes to our planet, and the calls for intervention and attention growing louder, many industries are taking steps to make their output and processes “greener.” The construction industry has taken a lead role in following green principles in hopes of bettering the environment in which we live.
Through sustainable practices, materials, and design, the construction industry illustrates how the world can shift towards a better impact on the environment and a better future overall. Matt DiBara, Owner of DiBara Masonry and Founder of The Contractor Consultants, believes that ethics and transparency play a significant role in eco-friendly construction approaches.
With the negative effects of climate change no longer simply a theory, the ethical approach is one that takes into account the health of the planet and the sustainability of life on the planet. A dual major in college led DiBara to delve into Environmental Studies, and what he learned during that time has stayed with him as he has forged ahead to build his construction business.
“In our family business, we were sustainable. That was in our ethos, we cared about the environment,” DiBara told the Building the Future podcast. “Building things that last — that’s how I was taught.”
What is sustainable construction?
From the outside looking in, construction may not seem like the most sustainably aligned trade. Between clearing land to make way for buildings to large pieces of machinery that contribute to air pollution, there is much about the construction industry that is absolutely not earth-friendly. This is why innovators in the construction space have developed ways to move toward a more sustainable way of building.
Back in 1994, Professor Charles Kibert of the University of Florida outlined the main principles of sustainable construction, including “conserve, reuse, recycle/renew, protect nature, create nontoxic and high-quality output.” These main principles are being translated today into creations such as green grid roofs, solar-powered buildings and neighborhoods, the use of recycled building materials, and sustainable construction methodology.
“I realized early how much waste was on construction sites,” says DiBara. “While I was interning, we were told to do things that would only last a year or two, for budget reasons. They weren’t good for the environment, and there were always massive dumpsters on job sites that created so much excess waste.”
DiBara’s experience while interning with other companies out of college colored his approach to building his own construction business. Going forward, DiBara wanted to understand how to design with the environment in mind. “I wondered what things would be like for my kids if we didn’t make a change,” he says.
Sustainable materials
When one thinks of construction, they may only think of concrete, steel beams, and glass, but there are a wealth of materials available that are far better for the environment. These alternative materials are becoming more popular as the need for change becomes clearer.
The use of eco-friendly, sustainable materials has proven to have long-term benefits, speaking to an approach to construction that leans on long-lasting designs. The most sustainable and earth-friendly materials include cob, bamboo, stone, recycled steel, cork, and reclaimed wood, though contractors have even started to seek alternatives for insulation like sheep’s wool or insulation made from recycled newspapers.
The market for sustainable building materials is expected to grow by leaps and bounds by 2027, projected to hit $425.4 billion. What once seemed like a niche interest in the construction industry is quickly becoming mainstream.
“There was once an association of ‘that’s expensive’ or ‘that’s hippie’,” explains DiBara. “I realized if I could show people that that’s not true, if I could show them an alternative for the same price, I could battle the psychology of what they thought they believed in.”
Sustainable practices
Along with eco-friendly materials, more sustainable construction practices have been able to move the needle towards better outcomes. There is a hope that through more sustainable practices and materials, 209 million tons of carbon emissions can be saved by 2050.
Some sustainable methods include simple approaches, such as more exact measuring and cutting to reduce needless waste, recycling products on or offsite, refurbishing older buildings instead of building new ones, and managing onsite CO2 emissions as much as possible. “Really, the simplest way to approach it is to reduce, reuse, recycle,” says DiBara.
The old mantra for “saving the Earth” still holds true. Particularly in the case of construction, it can go a long way in changing the environment for the better.
Healthier living overall
The positive effects on the environment are not the only benefits of sustainable building, as there are also noted psychological benefits to eco-friendly building practices. Studies show that employees who work within green buildings can be more productive.
In addition, many green buildings are built to be aesthetically pleasing and maximize daylight, helping with issues such as seasonal depression. The happiness levels of people working and living within green buildings were also shown to be higher through these studies.
The call for sustainable building is not new, but has taken on a renewed urgency as the negative effects of climate change become evident. Sustainable construction is no longer a niche concentration or trend, but the direction the entire industry needs to take to create a better future for all.
Business
Derik Fay and the Quiet Rise of a Fintech Dynasty: How a Relentless Visionary is Redefining the Future of Payments
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.
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