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Sam Jacobs on Why Early Entrepreneurs have a Better Chance at Success

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Millennials are digital natives, risk-takers and have no qualms in pursuing their passion, and that is what makes so many youngsters to follow their entrepreneurial dreams, early on. e-Commerce Entrepreneur and CEO Sam Jacobs is all of 18 and is leading the Drop-Shipping game with his obsession, speed and hard work. With 79.5K followers, the young Instagrammer has made over $1.5 Million through his three e-commerce websites in less than one year’s time. He’s used social media in creating a loyal base of customers as well as budding entrepreneurs who want to follow his footprints.

Twenties or even early, as is the case with Sam Jacobs, is the right time to adopt the new technologies. Early entrepreneurs have an edge over their olden counterparts in learning new tools, adopting new platforms much more faster. They are open to exploring new avenues and experimenting with newer ways of generating more business.

In Sam Jacobs words, early entrepreneurs are people who see themselves as ‘Future Successes’. They set the self-doubt and doubters aside. At very initial stages of their entrepreneurial journey they learn that their everyday ‘Hard-Smart Work’ will pay off and success is bound to follow. Sam’s plunge in entrepreneurship was not without doubters, however, he had his goals clear and effort just in place.

As per Sam, early movers have better success rate as they can devote their 100%. Millennials have the potential to change their life by breaking through their past and aiming for the next level. The zeal to live a lifestyle of their choice and be their own boss is key driver for young entrepreneurs. Sam is an advocate of giving ‘All In’ to succeed at what you do and states, “Day by day coming and going, and whether or not you are using every second of it will decide how the rest of your life will look like.”

Entrepreneurship is exciting, however, it has its own set of ups and downs. The risk-taking ability of millennials gives them an upper hand to benefit from risk-reward aspects of business. Perseverance and passion are other two traits that help early entrepreneurs stick to their plan and succeed eventually.

Early entrepreneurs are growth hackers and want to see results soon. They do not hesitate to learn the tricks of the trade from people who’ve been there and done well. These people are open to learning and take lessons from failures of others, without burning their own capital with ‘trial and error’. Energy and enthusiasm is another factor that makes young entrepreneurs achieve success. “Work till your results speak for themselves,” sums up Sam who’s worked tirelessly till 4am on most nights early in his entrepreneurial stint.

Lastly, gone are the days when businesses were run solely with the purpose to earn money. Today entrepreneurs want to make an impact on the world around them and that’s what makes them successful as the run up is not for money, but for real-world problem solving.

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.

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Lifestyle

From Wealth to Fields: A Billionaire’s Commitment to Small Farmers

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In recent years, billionaire Stefan Soloviev has transitioned from the world of New York real estate to the fertile farmlands of the American West. 

His journey from urban wealth to rural development showcases a unique dedication to revitalizing small farming communities and transforming the agricultural landscape.

A New Vision for Agriculture

Stefan Soloviev, son of the late real estate tycoon Sheldon Solow, has amassed a considerable amount of farmland across Colorado, Kansas, and New Mexico. Soloviev’s agricultural enterprise, Crossroads Agriculture, spans over 400,000 acres, making him one of the largest landowners in the United States. 

This substantial investment is not merely a financial venture; it represents a commitment to supporting and empowering small farmers in these regions.

Soloviev’s approach to farming is characterized by his desire to move away from competitive practices that often leave small farmers struggling. Instead, he emphasizes collaboration and sustainability. 

By leveraging his resources, Soloviev aims to create a farming environment where smallholders can thrive alongside larger operations. This philosophy is particularly evident in his strategic acquisition of the San Luis & Rio Grande Railroad, a critical transportation link for agricultural products in the region.

Revitalizing Rural Communities

Soloviev’s impact extends beyond farmland acquisition. His purchase of the San Luis & Rio Grande Railroad at a bankruptcy auction for $10.7 million highlights his broader vision for the agricultural sector. 

This railroad, previously owned by Iowa Pacific Holdings, connects the San Luis Valley to the national rail network, facilitating the efficient transport of goods and boosting local economies.

The acquisition is seen as a positive development for the San Luis Valley, with Soloviev’s Colorado Pacific Railroad expected to be more community-focused and supportive of local initiatives compared to the previous owners. This includes potential cooperation with local recreational projects, such as the proposed Heart of the Valley Trail, which aims to integrate rail and trail use for community benefit.

Soloviev’s dedication to the region is also reflected in his willingness to work with local stakeholders to address community needs. His approach contrasts with more traditional, profit-driven business models and underscores his commitment to fostering a sustainable and inclusive agricultural ecosystem.

Building a Sustainable Future

Soloviev’s investment in the Colorado Pacific Railroad and the broader agricultural infrastructure is part of a long-term vision to create a more resilient and sustainable farming community. By improving transportation networks and providing support to small farmers, he hopes to mitigate some of the challenges these farmers face, such as market access and transportation costs.

Moreover, Soloviev’s initiatives are seen as a way to preserve and enhance the rural way of life, which is increasingly threatened by industrial farming and urban encroachment. His efforts to balance economic viability with environmental stewardship demonstrate a nuanced understanding of the complexities of modern agriculture.

In conclusion, Stefan Soloviev’s transition from urban real estate mogul to a champion of small farmers is a testament to his innovative and community-oriented approach. 

His significant investments in farmland and infrastructure, coupled with a commitment to sustainability and local engagement, are paving the way for a brighter future for small farmers in Colorado and beyond. Through his efforts, Soloviev is not only transforming

the agricultural landscape but also setting a precedent for how wealth and resources can be used to foster positive change in rural communities​. 

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