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Dr. Jay Feldman Stresses on the Importance of Entrepreneurs Giving Back to Society

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Entrepreneurs thrive on opportunities, but for opportunities to flourish, you need the right conditions. A healthy and positive society provides those conditions, and that’s why truly successful people believe in putting back into a system that makes personal success possible.

Take Dr. Jay Feldman, for example. Helping people and working for the greater good is in the 28-year-old South Florida native’s blood. From an early age, he wanted to be an asset to a society he felt had provided so much for himself and his family. He decided that becoming a doctor and help other people live long, and healthy lives was his true calling.

After leaving the University of Florida with a BS in Biological Science in 2014, Dr. Feldman studied for a Medical Degree at New York’s Touro College of Osteopathic Medicine. Four years of medical school had been a long, hard haul, but in Dr. Feldman’s own words, “I chose medicine because I wanted to do something selfless with my career. I wanted to make the world a better place.”

However, fate often has an entirely separate plan for us compared to the one we originally envisaged. It was no different with Dr. Feldman.

Throughout medical school, Dr. Feldman was also concentrating on his other passion – business. His marketing agency, Instelite, was founded during this period, and it has since turned into something of an Instagram empire, built around the charismatic doctor’s upbeat and philanthropic posts.

Shortly after graduating medical school and starting his formal training as a new doctor, he was left with a decision to make. Dr. Feldman recalls that question pretty much answered itself. He explained, “I quickly realized that the most effective way for me to help the most people was through my business expertise.”

The die was cast, and his fate sealed. By the time 2020 rolled round, Dr. Feldman had already earned himself a reputation as an entrepreneur to watch out for. His determination to give back and make a better, fairer society for all is evident in the projects which have garnered him recognition.

REX Fitness, for instance, is on a mission to create an affordable yet portable home gym that is accessible to all members of society. Dr. Feldman believes fitness is the key to good health and that nobody should be excluded from its pursuit due to the lack of disposable income.

Likewise, his recently founded non-profit, Food Equality Corporation, plans to help increase access to quality food items for underserved communities.

Dr. Feldman explains, “Food inequality is one of the root causes of health inequality. It creates chronic diseases at an early age in people from disadvantaged communities, and my ambition is to change that.”

No man is an island, and we all need to be a part of a community to thrive. Dr. Feldman believes that for an entrepreneur to succeed truly, society must flourish alongside them. And only a fool would argue against that. 

Michelle has been a part of the journey ever since Bigtime Daily started. As a strong learner and passionate writer, she contributes her editing skills for the news agency. She also jots down intellectual pieces from categories such as science and health.

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Lifestyle

Derik Fay: The Quiet Power Broker Who Scales Empires and Empowers Generations

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At 46 years old and standing at an impressive 6’1″, Derik Fay is more than an entrepreneur—he is the architect behind a network of thriving businesses and a digital mentor for thousands. His journey from a single neighborhood gym in Florida to holding stakes in over 40 companies spans decades of strategic vision, discipline, and authenticity.

From Modest Beginnings to a Marketplace Maven

Born on November 19, 1978, in Westerly, Rhode Island, Fay’s early environment offered little in the way of nepotism or crutches—but plenty of lessons. He dropped out of college after just one semester and embraced the grind. At just 22, with lean resources and fierce determination, he launched his first gym. That venture would eventually grow into Florida’s most successful independently owned fitness chain before being acquired by a publicly traded company.

This early win became the foundation for 3F Management, the private equity firm Fay launched post-exit. Today, 3F powers brands across sectors—from fintech and residential infrastructure to combat sports, entertainment, and beauty—each elevated through Fay’s hands-on approach to ownership and operational excellence.

Visibility as Strategic Leverage

Fay’s ascent into public consciousness was not staged. He built his online presence—now over 1.4 million followers strong—through honest, unfiltered takes on business, failure, leadership, and growth. His content resonates because it isn’t rehearsed; it’s earned. Followers tune in not for spectacle but for insight, often quoting “He doesn’t just invest—he builds your belief,” reflecting Fay’s authentic support.

Building Brands, Restoring Hope

Among his notable ventures is Bare Knuckle Fighting Championship (BKFC)—a testament to his willingness to enter unorthodox sectors with strategic clarity. In other less obvious arenas, Fay reinvigorated a faltering beauty company by pairing it with Hollywood cachet and narrative-driven marketing. In another case, an AI startup saw its valuation ascend tenfold in under a year after Fay contributed not only capital but also storytelling structure and vision.

Estimated Net Worth & Long-Term Vision

Although Fay maintains a discrete public profile, credible industry estimates place his net worth somewhere between $100 million and $250 million. This valuation comes from his diverse equity stakes, successful exits, real estate investments, and his firm’s consistent growth and reinvestment cycle.

Personal Life Anchored in Legacy

Off-screen, Fay is a devoted partner to Shandra Phillips (since 2021) and a hands-on father to two daughters: Sophia Elena Fay and Isabella Roslyn Fay. He’s more than a mogul—he’s a mentor. An embodiment of “If I can do it, anyone can,” his presence in DMs or quick coaching call is not rare, but intentional.

Rerouting the Model of Modern Wealth

Unlike today’s entrepreneurs who prioritize visibility and virality, Fay applies visibility as a lever—not an objective. He quietly scales, confident that his systems and culture will outlive the trends. He mentors, not performatively, but tangibly. For him, success isn’t a moment—it’s a long-term ecosystem amplified through structure, not spotlight.

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