Business

Here Are 7 Tips For Success From Millionaire Frank Song

Published

5 years ago

November 6, 2020

The life of Entrepreneur Frank Song oozes inspiration. The person we now know as a successful businessman used to once sleep in Walmart. How Frank went from sleeping in Walmart to working at Silicon Valley’s prestigious equity firm, Accel-KKR, and to finally owning companies with a net worth of more than eight figures, is a tale filled with valuable lessons.

Things didn’t just happen for Frank, he made them happen, and he was generous enough to tell us how. Here are some useful tips he shared with us:

Everyone makes mistakes! What distinguishes successful people from unsuccessful people is that successful people learn from their mistakes and plan their next move accordingly. On the other hand, unsuccessful people fail to see past failures.
Smart people find creative solutions to problems that are a win-win for all. The focus of lazy people, however, is on themselves alone.
No matter how powerful your competitors are, they have a weak point. Making their weak point your point of strength and giving them a run for resources is one of the most effective ways to get ahead of them.
There are two ways to win in life: natural talent and learned skill. You can excel in anything you work for, regardless of whether or not you possess a ‘natural’ talent for it. The secret lies in starting early and being willing to put in the extra hours. Unused talent can go unnoticed, but hard work never goes unpaid.
Be skilled at more than one thing. If you want to win big in today’s economy, you need to be a double or a triple threat. Combining two or three power skills such as finance and sales, programming and finance, or science and programming can exponentially increase your potential for achievement, and ultimately, your value in the world’s marketplace.
One of the most humbling yet powerful things to realize is that the world will go on just fine without you. Harsh as it may seem, the reality is that your life pretty much doesn’t matter to others. On the bright side, you don’t need to hold yourself back worrying about the opinions of other people. Nobody has your best interest at heart more than you do. So dream freely, do what you need to do to realize that dream, and live your perfect life.
Actions and decisions have consequences. If you make a bad move or take a wrong decision, allow yourself to feel the pain of the bad consequences resulting from it. This practice will allow you to learn from your mistakes, and you will know better the next time you face a similar situation.

Business

Black Banx Group — Third Quarter 2025 Results

Published

7 hours ago

November 3, 2025

Matthew Wiles

FOR IMMEDIATE RELEASE · Road Town, British Virgin Islands · October 30 2025

Black Banx reports USD 4.3 billion revenue and USD 1.6 billion pre-tax profit in third quarter 2025

Black Banx Group today announced its results for the third quarter ended 30 September 2025, delivering strong performance with further progress toward its full-year targets.

Key figures for Q3 2025:

Revenue: USD 4.3 billion
Profit before tax (PBT): USD 1.6 billion
Cost-to-income ratio: ≈ 62%
Customer base (period-end): ~92 million clients

YTD (first nine months) results: Revenue USD 12.7 billion, PBT USD 4.7 billion, positioning the Group on track toward its full-year ambitions of ~USD 17 billion revenue and ~USD 6.4 billion PBT.

“Our Q3 results reaffirm the scalability and resilience of our platform,” said Michael Gastauer, Group CEO. “By continuing to scale our client base, deepen engagement, and drive operational efficiencies, we maintain momentum toward our 100 million-customer milestone and full-year ambitions.”

Daniel Dumitrascu, Group CFO, added: “We are pleased to demonstrate sequential improvement in our cost/income ratio despite ongoing investment in growth markets. With the first nine months delivered, our Q4 plan is well calibrated to close the year strongly.”

Business highlights:

Net customer adds of approximately 8 million during Q3, bringing the total client count to ~92 million as of 30 September 2025. On pace for the 100 million-customer target by year-end.
Continued growth across emerging markets, driven by expansion efforts in Africa, South Asia and Latin America.
Strong transaction volumes across cross-border payments and cryptocurrency-adjacent services, contributing to top-line resilience.
Ongoing initiatives to optimise operations and automate processes delivered a sequential improvement in cost/income ratio to ~62% from ~64% in Q2.
Strategic investments sustained in growth markets while preserving profitability and shareholder value.

Outlook:

With three quarters behind it, Black Banx remains aligned with its 2025 full-year targets of approximately USD 17 billion in revenue and ~USD 6.4 billion in pre-tax profit. The company anticipates a seasonally stronger Q4 performance, underpinned by ongoing global client acquisition and further monetisation of its platform.

About Black Banx Group:

Black Banx Group is a global digital banking and fintech platform serving tens of millions of private and business clients across more than 180 countries. The Group offers seamless, borderless banking services, including multi-currency accounts, cross-border payments and cryptocurrency-compatible solutions. Headquartered in the British Virgin Islands, Black Banx is dedicated to innovation, financial inclusion and delivering value to its stakeholders.

Media Contact:

Black Banx Media Relations
Email: [email protected]

Forward-looking statements: This press release contains forward-looking statements that involve risks and uncertainties, including statements regarding the Group’s business strategy, financial prospects, targets and trajectory. Actual results may differ materially from those anticipated.