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How Richard P. Blankenship Created Substantial Net Worth for Himself Using His Network

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Richard P Blankenship is the Cofounder and CRO of the fledgling Consumer Tech company Prizeout, a New York-based fin-tech company that raised 4.5 million in series A funding this summer. Many people may be hesitant to see a 29-year-old at such a high position in this arena, given that he started his entrepreneurial career in many different sectors- ranging from real estate, menswear, as well as sales for poker gaming. The successful partnership Blankenship has formed with Prizeout is symbolic of his prioritization of relationship building that has led to his success. Blankenship believes that every fruitful endeavor in his career was shared with his closest peers.

Blankenship has a robust portfolio that included some of the fastest-growing startups in the world, all of which were created through Blankenship’s extensive network. A prime example is Steve Borelli, a close friend and member of the same fraternity during Blankenship’s college days at San Diego State University. Borelli was the founder of a menswear brand called CUTS clothing, the company was expanding quickly and needed capital for inventory in order to cover a large number of orders. Borelli phoned Blankenship for help, and the two immediately struck up a deal, Blankenship wired him funds and became the first and only investor of the company. CUTS became an instant hit, with substantial growth after Blankenship jumped on board, as the company was able to prosper given the increasing demand for direct to consumer men’s fashion.

Blankenship was working as Chief Revenue Officer for Poker Central, the world’s largest poker media company when he met fellow serial entrepreneur, David Metz. The two met for dinner and Metz told Blankenship about Prize out. At the time, Metz was also CEO of a trivia app called Fleetwit, Blankenship and Metz spent about three months trying to get a deal done between Poker Central and Fleetwit. During their negotiation over the advertising and sponsorship deal, Metz brought up an idea for a fin-tech startup company which turned out to be Prize out. Blankenship immediately jumped on this opportunity, as he had consistent back and forth discussions with gaming executives who were looking to find more efficient payment solutions. Metz and Blankenship had formed a friendship over the course of their business relationship, so there was complete trust on Blankenship’s end. The deal was done on a handshake and Blankenship sent Metz the seed capital for Prizeout the following week.

Blankenship had strikingly similar success with Prizeout, as he did with his previous ventures in collaboration with his fellow entrepreneur friends, which later became partners. He joined the company in a full-time capacity after he had provided seed money, and was able to sign the biggest gaming companies as partners for Prizeout before the company closed its 4.5 million series A this summer. Blankenship attributes his path to success to his network of fellow friends and entrepreneurs, as he knows what they are capable of. He is always grateful to be reached out to for help as his friends believe in him, just like he believes in them- which has to lead to numerous prosperous ventures, like Prize out.

Rosario is from New York and has worked with leading companies like Microsoft as a copy-writer in the past. Now he spends his time writing for readers of BigtimeDaily.com

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Business

Turning Tragedy into Triumph Through Walking With Anthony

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On the morning of February 6, 2010, Anthony Purcell took a moment to admire the churning surf before plunging into the waves off Miami Beach. Though he had made the dive numerous times before, that morning was destined to be different when he crashed into a hidden sandbar, sustaining bruises to his C5 and C6 vertebrae and breaking his neck.

“I was completely submerged and unable to rise to the surface,” Purcell recalls. “Fortunately, my cousin Bernie saw what was happening and came to my rescue. He saved my life, but things would never be the same after that dive.”

Like thousands of others who are confronted with a spinal cord injury (SCI), Purcell plunged headlong into long months of hopelessness and despair. Eventually, however, he learned to turn personal tragedy into triumph as he reached out to fellow SCI victims by launching Walking With Anthony.

Living with SCI: the first dark days

Initial rehabilitation for those with SCIs takes an average of three to six months, during which time they must relearn hundreds of fundamental skills and adjust to what feels like an entirely new body. Unfortunately, after 21 days, Purcell’s insurance stopped paying for this essential treatment, even though he had made only minimal improvement in such a short time.

“Insurance companies cover rehab costs for people with back injuries, but not for people with spinal cord injuries,” explains Purcell. “We were practically thrown to the curb. At that time, I was so immobile that I couldn’t even raise my arms to feed myself.”

Instead of giving up, Purcell’s mother chose to battle his SCI with long-term rehab. She enrolled Purcell in Project Walk, a rehabilitation facility located in Carlsbad, California, but one that came with an annual cost of over $100,000.

“My parents paid for rehabilitation treatment for over three years,” says Purcell. “Throughout that time, they taught me the importance of patience, compassion, and unconditional love.”

Yet despite his family’s support, Purcell still struggled. “Those were dark days when I couldn’t bring myself to accept the bleak prognosis ahead of me,” he says. “I faced life in a wheelchair and the never-ending struggle for healthcare access, coverage, and advocacy. I hit my share of low points, and there were times when I seriously contemplated giving up on life altogether.”

Purcell finds a new purpose in helping others with SCIs

After long months of depression and self-doubt, Purcell’s mother determined it was time for her son to find purpose beyond rehabilitation.

“My mom suggested I start Walking With Anthony to show people with spinal cord injuries that they were not alone,” Purcell remarks. “When I began to focus on other people besides myself, I realized that people all around the world with spinal cord injuries were suffering because of restrictions on coverage and healthcare access. The question that plagued me most was, ‘What about the people with spinal cord injuries who cannot afford the cost of rehabilitation?’ I had no idea how they were managing.”

Purcell and his mother knew they wanted to make a difference for other people with SCIs, starting with the creation of grants to help cover essentials like assistive technology and emergency finances. To date, they have helped over 100 SCI patients get back on their feet after suffering a similar life-altering accident.

Purcell demonstrates the power and necessity of rehab for people with SCIs

After targeted rehab, Purcell’s physical and mental health improved drastically. Today, he is able to care for himself, drive his own car, and has even returned to work.

“Thanks to my family’s financial and emotional support, I am making amazing physical improvement,” Purcell comments. “I mustered the strength to rebuild my life and even found the nerve to message Karen, a high school classmate I’d always had a thing for. We reconnected, our friendship evolved into love, and we tied the knot in 2017.”

After all that, Purcell found the drive to push toward one further personal triumph. He married but did not believe a family was in his future. Regardless of his remarkable progress, physicians told him biological children were not an option.

Despite being paralyzed from the chest down, Purcell continued to look for hope. Finally, Dr. Jesse Mills of UCLA Health’s Male Reproductive Medicine department assured Purcell and his wife that the right medical care and in vitro fertilization could make their dream of becoming parents a reality.

“Payton joined our family in the spring of 2023,” Purcell reports. “For so long, I believed my spinal cord injury had taken everything I cared about, but now I am grateful every day. I work to help other people with spinal cord injuries find the same joy and hope. We provide them with access to specialists, funding to pay for innovative treatments, and the desire to move forward with a focus on the future.”

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