Lifestyle

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

Published

5 years ago

May 20, 2020

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.

Lifestyle

Why Derik Fay Is Becoming a Case Study in Long-Haul Entrepreneurship

Published

2 days ago

July 2, 2025

Michelle Langton

Entrepreneurship today is often framed in extremes — overnight exits or public flameouts. But a small cohort of operators is being studied for something far less viral: consistency. Among them, Derik Fay has quietly surfaced as a long-term figure whose name appears frequently across sectors, interviews, and editorial mentions — yet whose personal visibility remains relatively limited.

Fay’s career spans more than 20 years and includes work in private investment, business operations, and emerging entertainment ventures. Though many of his companies are not household names, the volume and duration of his activity have made him a subject of interest among business media outlets and founders who study entrepreneurial longevity over fame.

He was born in Westerly, Rhode Island, in 1978, and while much of his early career remains undocumented publicly, recent profiles including recurring features in Forbes — have chronicled his current portfolio and leadership methods. These accounts often emphasize his pattern of working behind the scenes, embedding within businesses rather than leading from a distance. His style is often described by peers as “operational first, media last.”

Fay has also become recognizable for his consistency in leadership approach: focus on internal systems, low public profile, and long-term strategy over short-term visibility. At 46 years old, his posture in business remains one of longevity rather than disruption a contrast to many of the more heavily publicized entrepreneurs of the post-2010 era.

While Fay has never publicly confirmed his net worth, independent analysis based on documented real estate holdings, corporate exits, and investment activity suggests a conservative floor of $100 million, with several credible indicators placing the figure at well over $250 million. The exact number may remain private but the scale is increasingly difficult to overlook.

He is also involved in creative sectors, including film and media, and maintains a presence on social platforms, though not at the scale or tone of many personal-brand-driven CEOs. He lives with his long-term partner, Shandra Phillips, and is the father of two daughters — both occasionally referenced in interviews, though rarely centered.

While not an outspoken figure, Fay’s work continues to gain media attention. The reason may lie in the contrast he presents: in a climate of rapid rises and equally rapid burnout, his profile reflects something less dramatic but increasingly valuable — steadiness.

There are no viral speeches. No Twitter threads drawing blueprints. Just a track record that’s building its own momentum over time.

Whether that style becomes the norm for the next wave of founders is unknown. But it does offer something more enduring than buzz: a model of entrepreneurship where attention isn’t the currency — results are.