Business
Reinvention and Perseverance as an Entrepreneur: How a Successful Traditional Entrepreneur Adapted Into a Prosperous Life Coach

What does success mean to you?
For many, success is attributed to wealth, fame, and glory. As a society, we tend to enhance these stereotypes by rewarding wealth with accolades. But what happens when all of this is achieved?
Taking a linear approach to success is likely going to result in disappointment. When we attach our own sense of worth to a singular metric like money— we might become so driven by money that we lose sight of what our purpose is.
Evolution is inherently tied to human growth and adaptation; that’s why we derive pleasure from seeking challenges, overcoming them, and reaching this fruition of growth.
There are more ways to be “prosperous” than the conventional means. As a longstanding and successful serial entrepreneur, Randy Belham knows exactly what it’s like to have everything, but nothing at all. And he knows better than most, that sometimes you have to go to zero, to experience a profound shift in how you define success.
Here is how redefining success in our own minds can lead to the manifestation of prosperity.
Reconnecting with Our Purpose
Even financially successful individuals combat the feeling of emptiness. Often they realize that having accomplishments that are not tied to a greater purpose, do not deliver a true sense of fulfillment.
One common question Randy Belham gets from his clients is “what’s next?”
Randy is a formal entrepreneur turned life coach, whose clientele generally consists of people in their early to late 40s, who’ve achieved a significant level of financial wealth in their lives but are rattled with the feeling of lacking.
Randy was a well-established entrepreneur with a couple of businesses under his belt, as well as being married. After a series of traumatic life events like his divorce, he felt completely lost and consumed by his poor habits and choices with no clear purpose to drive him forward.
He decided to embark on a spiritual healing journey that helped him reconnect with his innate passion for coaching and helping others. He was able to turn this into his next venture.
It Begins with Awareness
For someone that is struggling to find their true calling—the first step is to cultivate a deeper awareness of our thoughts and actions. Explore passions, fears, and core values and how the things you’re pursuing connect to them. People often wonder why they’re unhappy even with stable jobs and finances, without realizing that the majority of their activities don’t align with their values or purpose. But you won’t know unless you clearly identify what these are.
It’s important to be able to challenge your own mindset and the way you define your self-worth and success.
Belham views coaching as a way to help clients “shine a light on their blind spots.” Cultivating awareness means shedding fears and stigmas around help. 90% of the time, his clients experience a breakthrough moment, and this is one of the reasons Belham is passionate about coaching.
Letting go of Attachments
When we’re attached to ideas, things, or thoughts; losing them puts us in a place of deep suffering. On the contrary, when we learn to see things as non-permanent; we’re releasing a lot of the ego that comes with success. We no longer attribute what we’ve achieved in our lifetime to just us because we’re not the sole owners of our success.
“Things have to come and go”, says Randy. As the old adage goes, “Attachment is the root of suffering.” Randy practices journaling and meditation daily because it helps to remind him to be grateful for the present, to not hold anything permanently, and to enter an optimal mindset. Holding an optimal mindset helps Randy be the best version of himself so he can serve his clients.
Growing is not Always Easy
To grow, we need to consistently exert strain on our minds or bodies. The key is to push past the urge to procrastinate and build a sustainable routine that helps edge you closer to your goals. Similar to working hard through rejections and iterations to build a successful business, to build a new, successful version of you requires the same level of tenacity.
You have to overcome your own negative thoughts and find a way to change the patterns that are holding you back from finding long-term solutions.
On the relevancy of imposter syndrome, which describes a condition where people feel unworthy of their success, Randy advises “if you’re there, it’s because you deserve it. Now you have to question why you think you’re undeserving of good things”.
This requires gradually countering our negative emotional state with positive messaging and turning that into a habit. The more you get into a habit of rewarding yourself for your accomplishments, the more you’ll be incentivized to take your life to the next level.
Conclusion
These days, a big emphasis is put on the individual to be 100% responsible for their own success— often meaning their financial security. Acquiring wealth is only one part of the equation, the next comes deeper life satisfaction which requires a more holistic view of success.
You don’t need to be a millionaire, to start experiencing the profound results of becoming connected to your purpose. You might even find that the more connected to it you are, the more prosperous you will feel.
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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