Connect with us

Business

Gen Z Entrepreneur Surpasses the Traditional Education System to Build His Own Empire

mm

Published

on

“Believe in yourself. If you’ve got an idea behind you and enough belief in it, you’ll make it work.”

Such is the advice of 18-year-old Flynn Blackie, specialist in psychological marketing and the founder of MOD Digital Limited. Starting a business fresh out of high school isn’t exactly the kind of plan everybody shares: usually, people gun for an undergraduate degree before pursuing their dreams. 

But Flynn had a different outlook on how his life should go. In fact, he left school at the tender age of sixteen before starting his own business.

An Early Start in the Business

Blackie knew for quite some time that he wanted to eventually start a business of his own. 

“I was always looking at side hustles and ways to make extra money. I always felt like I was going to be successful,” Blackie explained. 

But at first, like most – if not all – of us, he mapped his life out in such a way as to adhere to the traditional education system. He’d planned to get into a university, snag a degree, and then have a high-paying job. 

However, it was his initial dabbling in entrepreneurship that changed his point of view. He started off simple: buying and selling chewing gum. What he did was purchase wholesale chewing gum before selling these to the other kids in school. Soon, his small business evolved to include selling rare sneakers for a profit. 

All of this was second nature to him. He began to get the hang of how attracting customers and appealing to a certain niche works. 

“I kind of saw my potential as an entrepreneur, leading and getting clients and selling – all of these factors that you need to build up your entrepreneurship skills,” he said. “These qualities were recognized within me when I took a step back to look [at myself]. It became very clear that one day, I wouldn’t just work for a company – I would own it. And it turns out, my first employer was myself.”

Taking That Leap of Faith

Of course, Blackie’s idea of ditching the path of traditional education wasn’t met with unanimous support at first. 

“I had to make my own decision before I went to [my parents] and tried to convince them,” Blackie said. “It became pretty apparent that if I were to not leave right now, I’d just be leaving one year later anyway. I knew that, no matter what, this is what I wanted to do.”

It wasn’t about taking the easy way out for Blackie. He made the decision to abandon the traditional education system because he knew where his heart lay: in entrepreneurship. He understood early on that no matter what, he wanted to venture into this realm, and his dream would only be put on hold for as long as he stayed in school. There wasn’t exactly a need to pursue a typical education in Blackie’s eyes. 

That was the logic he presented to his parents. His father understood rather immediately. However, it was his mother who took some convincing. After all, this wasn’t a typically ‘safe’ path to tread. Every entrepreneur knows all too well how risky the business is. And for someone at such a young age, Blackie had tons to lose. 

However, Blackie made it clear to his mother that he simply had to start his own business. “There were going to be bad grades, or my clients were going to have a terrible experience; it was one of the two,” he said.

In 2019, Flynn Blackie decided to drop out of school. 

Thus began his endeavor into the unknown. Equipped with a dream and plenty of in-depth research, Blackie took that risk.

Starting Out with One’s Priorities in Mind

When talking about his initial interest in selling gum and sneakers, Blackie compared these experiences to his current niche. “Nothing really captured me like web design. It felt fun, and it felt pretty easy to make and it came really naturally.” 

It was the thrill of receiving payment for the first website he built that made him realize this was the model he wanted to base a solid portion of his business upon. Blackie and his team at MOD Digital started out selling web design services. They also branched out to dabble in social media-related projects and several other ventures. However, the team realized that all these extra services didn’t actually bring MOD Digital the results they were gunning for. They soon learned that they wanted to deliver a more results-based service. 

So, they went back to basics. Currently, MOD Digital has gone from a humble start-up to a six-figure agency that has garnered over sixty clients. 

When Generation Z Delves into the Realm of Entrepreneurship 

Blackie credits a portion of MOD Digital’s success to a youthful mindset. “Being my age can play as a good factor,” he noted in an interview.

Any young person, particularly someone who has grown up in this current technological day and age, knows all too well the power of screentime. As an ardent lover of video games and someone who’s grown up in a tech-savvy environment, Blackie’s mind has become accustomed to the lingo of algorithms. 

“The second factor [that makes MOD Digital unique] would be that we’ve niched into a specific service. We have our core service, no matter which client we’re working with. We’re more specific about our system.”

MOD Digital puts the value of its service before anything else. In focusing on how they can best help their clients, they put forth a more personal brand, one that markets authentically and attracts loyal clients. Blackie also acknowledged the pivotal role psychology plays in their marketing process. MOD Digital uses subliminal forms of psychological triggers. 

Pushing Past Doubt and Breaking Barriers 

Despite Blackie’s current success, he’s no stranger to backlash. Some people assumed that being young equates to inexperience. 

“There have been sales pitches where they took the meeting, but as soon as you get on [the call], they stop taking you seriously. You can hear it from their tone or the way they pay attention. You feel insulted, being on the call,” Blackie recalled. 

Even communicating with a bank was tough. It was difficult to find someone who would open an account for a mere 16-year-old. However, Blackie persisted. 

Today, MOD Digital continues to grow. Even with its current celebrated success, Flynn Blackie has no intentions of getting comfortable. To young entrepreneurs looking to build their own businesses, Blackie actually cautions against taking the risk he took unless one is at a level where they can afford to do so. 

“The fundamental thing is to make sure you’re actually in a position where you can leave [school]. Work tirelessly to get to that point. And when you’re there, that’s when it’s time to go. You can’t leave because you ‘want’ to do something, leave because you are doing it, and doing it well.”

Flynn Blackie has certainly walked the path less traveled. His story marks as a calling to other young entrepreneurs: be smart, but don’t be afraid to take calculated risks.

The idea of Bigtime Daily landed this engineer cum journalist from a multi-national company to the digital avenue. Matthew brought life to this idea and rendered all that was necessary to create an interactive and attractive platform for the readers. Apart from managing the platform, he also contributes his expertise in business niche.

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

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

mm

Published

on

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.

Continue Reading

Trending