Business
How technology can help you improve your ability to lead a team in the business

Leadership can be one of the hardest things to get right when it comes to business. When lots of people come looking to you for an answer, it is important you can come up with the most effective solution to a problem as quickly as possible. The only problem is while lots of people are relying on you to tell them what to do, there are probably very few people you can turn to for help in a situation like this if you are towards the top of the management structure. Luckily, there is a lot of ways technology can help you out of a lot of these situations and help you become a better leader. Here is a look at some of the ways technology can help you improve your business leadership skills such as taking a masters in leadership online course.
Further your education
Once you have left school or college, you might think that is the end of your time in education. You can easily return to college and study many different degrees online without attending any physical classes. For example, you can take a masters in leadership online course from anywhere in the country by simply attending classes and completing assignments online. If you already feel like you have got a lot on your plate leading a team, you might think that you simply do not have time to complete a masters in leadership online course alongside your work and personal life. The reality is these courses do not take too long to complete, with many of them simply taking an academic year to teach you everything you need to know and get you qualified. Another great thing about a masters in leadership online course is you can learn in your own time. Unlike traditional college, with a masters in leadership online you do not have to attend any classes in person at awkward times of the way. Instead, you choose when you complete many of the aspects of the degree, where you complete them, and even what you are doing while you complete them. If you have a long commute on public transport every morning, you could find you could better use this time completing this course while sitting on a train or a bus rather than simply flicking through social media.
By completing a masters in leadership online course, you will learn lots of skills, including how to mentor new recruits, keep on top of what your employees are doing, and even work with teams remotely. The latter of those tasks is seemingly becoming increasingly important as business becomes global and more and more of us are working in offices or even our different homes across the world. On top of this, these degrees will teach you more about how to gain trust, work ethically, and motivate a team. One of the big advantages of learning these skills through a degree program is that you will have something to show for it once you have completed the course. If you decide you want to change jobs in the future or apply for a promotion, a masters in leadership online course will look impressive on any resume. It will show that you are passionate about furthering your skills and will happily put the effort in to improve your productivity within a team. While many degrees like basic qualifications in Math and English are necessary for most jobs, a degree like this could be the cherry on top of the cake that makes you stand out from other candidates when going for a new job.
Keep on track of your team’s progress
When you are leading a team, it is important not just to keep an eye on your own workload. It is also important to keep an eye on the workload of the colleagues that you manage. If they get behind on their work, it will cause you just as many problems as if you got behind on one of your many assignments. That is why it is so important to keep track of your teams’ progress as often as possible. The earlier you catch any potential problems or delays that might mean your team may fail to complete a task effectively before a deadline, the more chance you have of being able to do something about it. If you simply leave it until a few days until the deadline, or you even leave it up to your employees to contact you to say there is a problem, you might find that simply too much time has passed to go back and correct the problem before a set deadline.
To make sure this never happens, there are lots of ways you can monitor your teams progress quickly while using technology. For example, if your colleagues are all working on one shared hard drive, whether that be a physical device or an online cloud system, make sure you also have access to that device. That way, you can simply open any files in progress to check that enough work is being completed that you are confident they will reach the deadline. You will also be able to check that you are happy with the quality of the work being completed, so you can stop any time being spent on any bad ideas that you would have ended up telling your team to redo once they presented the final product.
You can also keep track of the individual progress of each employee from the comfort of your desk. For example, if you work in sales, make sure each employee records the sales they have made at the end of a certain period, whether every week or even every day. That way, as long as you can access that document and as long as it is updated regularly, you can spot which employees are selling enough to reach their targets by the end of the month and which are going to struggle. Of course, if you spot someone who is lagging on their sales target, it’s important to meet with them to see how you can help them improve their sales tactics to make sure they achieve their goals. It is also important that you keep an eye on your best-performing employees as well, as if they reach their monthly goal within a few weeks, they may be tempted to take their foot off the gas and be less productive at work. As you are still paying them for the whole month, even if they achieve their goal within a few weeks, it is important that you can check that they are putting as much effort into every single day. Encourage them to further their skills by taking a masters in leadership online if they have the potential and drive to advance their careers.
Drop-in on as many meetings as possible
Another way technology is having a big impact on the way we work is how we meet up and collaborate with other colleagues and clients. In the offices of most big businesses, there would be boardrooms dedicated to important meetings. They would be set up with enough chairs, enough desk space, and maybe even a sound system and big display to make sure everyone in the room can see and hear every presentation being given. For years, most people have presumed the best and only way to have these meetings are to get everyone together in the same big room. Over the last few years, many people have been ditching the physical meeting room to favor a lot more modern option.
Instead of meeting face to face, encourage your team to hold more meetings on web conferencing software like Zoom, Skype, or Microsoft Teams. The major advantage of this system is you can quickly meet with anybody, no matter where they are in the world and how busy their schedule is. Instead of wasting time traveling to a different office, people can simply join the meeting with a simple click of a button from their laptop or smartphone. Another big advantage to this is that you do not need any of the microphones, large screens or even a big enough room to be able to hold this meeting, saving any business a lot of money in the process.
Once your colleagues are set up on a video conferencing software, it also means that it is a lot easier for you to drop in on meetings to check the progress of your teams. All you need is the code for the room, and you can be in the meeting within seconds. Make sure you attend as many meetings in this way as possible. Not only will it allow you to check that your colleagues are doing what they are supposed to be doing, it also allows you to help shape any ideas from the very beginning of the process. This makes it a lot easier to influence the project than trying to salvage a good compromise from what they have been doing unsupervised.
Allow them an easy way to contact you with concerns
One of the hardest parts of leading a team is that you feel like you have to be in multiple places simultaneously. While things like a masters in leadership online course can teach you all the ways in which you can help your team complete work to the very best of their ability, it cannot allow you to be in two places at once. That means when you are spending time with one section of your team, it can quite easily feel like you are neglecting another part of your team. You may even worry that something might go wrong with that team you are not spending time with, which could, in turn, cause big disruptions to your business.
If you tried to spend time overseeing every one of your colleagues every day, it is highly likely that you simply would not have enough time to delve deep into conversation and discussion about what they are doing. There will also be times where you simply need to complete your own work in your office and do not have time to monitor any of your team’s progress. That is why it is so important to make sure your team has lots of easy options to contact you in case of an emergency. Ensure they know the easiest way to contact you, whether that is ringing the landline on your desk, ringing your smartphone, dropping you an email, or even messaging you via text or WhatsApp.
Ensure they feel confident in contacting you no matter how minor the problem may seem. If a colleague is reluctant to tell you about something over concerns about how you will react, whether it is out of anger that an incident has happened or out of annoyance that they havecontacted you over something so silly, it could mean that you do not learn about important incidents. When problems like this happen, no matter how small they are, it is important to know about them as soon as possible. When picking up the phone or replying to a message from a colleague, always let them know that you appreciate them letting you know and that they should get in touch again if they have any concerns in the future.
Check they are keeping up with the very basics
When it comes to leading a team, one of the most frustrating yet most important parts of being a manager is to make sure your team is well disciplined. You can learn how to manage this through taking a masters in leadership online. To make sure your team are completing work to the best of their ability at their job, it is first important to make sure that they are showing up on time for their job. Software like Microsoft Outlook can show you exactly when a colleague has logged on. This means if your team are all supposed to be logged on at 9am in the morning, you can easily see exactly who has not made it to their desk on time by looking through the color-coded statuses in your contact’s book. This system will let you know if one of your employees has been away from their desk for a long time, whether that is because they are taking extra-long lunch breaks or doing something else, which means they avoid completing their important tasks for the day.
Business
Derik Fay and the Quiet Rise of a Fintech Dynasty: How a Relentless Visionary is Redefining the Future of Payments

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.
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