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The Art of Crushing It by Omer Del Villar

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If you need the motivation to overcome the obstacles before you, then the story of Omar Del Villar should be all the motivation that you need!

Regardless of where you come from or how you started in life, success is always available to you if you have the right motivation and follow the correct principals. Omar Del Villar is the living proof that if you work hard and strive to achieve success, then you can reach your goals! As the successful owner of Echelon Smiles and co-owner of Go Giveaways, he has been kicking goals since he started down the path of entrepreneurial success.

Any startup is going to take a massive amount of hard work. Movies and television have made the idea of creating and managing a startup to be something like finding the perfect idea and then sitting back and watching and counting the money as it starts rolling in. The truth is somewhat more complicated, but that doesn’t mean that the dream is no less achievable.

Although creating a brand, a company, or a startup is fulfilling and rewarding in its own right. You’re going to have to invest a lot of blood sweat and tears into the venture before you see it become a success. Success is never guaranteed either. Failure is always lurking just around the corner, and you can’t afford to sit back and just relax until the project is complete.

Success isn’t always a success; how you imagined it would be!

You can succeed in life but still, fail in your goals. Startups and businesses may seem like a success from the outside, but when you speak to the people that started them and poured their blood, sweat, and tears into them, they would call them a failure. It’s easy to become so involved in the new business that you lose

Many startups and businesses look successful from the outside, but if you spoke to their original founders, they would consider them a failure. Why? Because of the long hours, the money invested, the toll that they took on their friends and families. It’s essential that you don’t lose sight of your goals during any new business venture.

To help make this a little easier, Omar has come up with his guiding principals that he has used successfully on his rise to the top and during the successful creation of his businesses. No two companies are the same, but hopefully, through utilizing his advice, your next business venture or startup will go much smoother and be a huge success!

Start off by defining your personal goals before you set the purposes of your business!

It’s vital that your personal goals drive your professional goals and business goals, not the other way around. If you aren’t happy with your personal life, then what hope do you have of achieving success and happiness in your professional life? There are a few simple ways that you can define your personal goals.

You want to start off by writing down your personal goals. This will allow you to own the decisions you make along your journey and ensure that you don’t lose track of them along the way. If you have them written down somewhere, you’re less likely to ignore them. It’s easy to disregard them or change them to suit your current situation if you haven’t got them written down somewhere.

Focus on your strengths rather than always trying to fix your weaknesses!

It’s easy to develop tunnel vision on your idea or business, assuming that you’re the only one who can take it to the next level. You can get hung up on different parts of the process that need to be fixed or changed and assume all the responsibility for making those corrections or changes.

Surround yourself with people that are strong in their own rights. Look for people that can help you build-up the areas of your brand or business that you don’t have all the technical know-how for. If you struggle with the business but have a great idea, then look for people that have the business knowledge and experience that you lack.

Would you rather sit and watch your dream never come to fruition, or would you prefer to see that dream become a reality? If you’re a great people person and fantastic at making connections, then focus on that and allow other people to utilize their strengths.

Create realistic goals along your journey towards success!

If you wanted to make a million dollars, would that be your only goal? If you wanted a million followers on social media, would you make that figure you’re only goal? Of course you wouldn’t! You need to set yourself realistic goals and milestones along your journey to keep pushing and rewarding yourself for your hard work.

One way to keep you motivated throughout your rise to the top is to set yourself realistic and achievable milestones. It’s important to reward yourself when you achieve your milestones to keep you motivated to reach the next one. Otherwise, you can lose your focus and drive along your journey. Small rewards are a great way to keep your motivation high as you strive to achieve your dreams.

Be honest with yourself, and always follow through when you make decisions!

It’s always easy to talk the talk, but when it comes to practicing what you preach, are you following through? If you’re the leader of your company, then people look up to you and expect you to lead by example. A weak leader is never going to inspire his team to go above and beyond in the tasks that they complete.

If you want your employees or team members to thrive and flourish through healthy work-life balances, then it’s crucial that you do the same. Never neglect your personal life in exchange for your business, as this is time that you’ll never be able to get back. Many successful entrepreneurs look back and wish that they could have some of the time they put into their businesses back, but time is one thing you cannot buy.

That doesn’t mean that you shouldn’t work hard, but always remember what it is that you’re working hard for!

Don’t be afraid to learn and celebrate your success

There is always something to learn. A new skill, a new hobby, or a new way of doing things that you hadn’t been aware of before. Never be afraid to learn new things and embrace new ideas; you never know if it’s one of those new ideas that could be your greatest success and achievement!

Hopefully, by following the above principals, you’ll enjoy as much success in business and life as Omar has! Good luck with your business or brand, and never lose sight of your goals.

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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Business

Business Strategies of Michael Gastauer

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Michael Gastauer, a German billionaire and entrepreneur, has led Black Banx to remarkable heights with his innovative strategies in the digital banking sector. As the founder and CEO, his vision has transformed Black Banx into a significant player in the global financial industry, serving millions and revolutionizing banking practices. 

Gastauer’s approach has been distinctly customer-centric, focusing on solving real-world problems through accessible financial services. This strategy has not only captured a vast market share but also established Black Banx as a model of innovative fintech success.

Innovate Early and Often, Invest Strategically

Gastauer’s journey began with a robust foundation in the fintech sector, where he initially created and later sold a payment services company for US$480 million. 

This significant capital boost allowed him to invest in his next venture: Black Banx. Launched in 2014, Black Banx differentiated itself by offering real-time account opening and cross-border payment solutions to a global audience, addressing major inefficiencies in traditional banking. 

Gastauer’s foresight in identifying and investing in these key areas early on allowed Black Banx to scale quickly and efficiently. His strategy was clear: leverage high initial investment to accelerate growth and secure a substantial market presence before competitors could catch up.

Within a year of its inception, Black Banx expanded rapidly, reaching over 1 million customers. This was just the beginning, as the platform soon integrated cryptocurrency options, enhancing its appeal and utility for a broader client base. By the end of 2018, Black Banx was valued at US$9.8 billion, a testament to its rapid growth and the successful implementation of its business model. 

Gastauer’s bold move to integrate cryptocurrencies early in the game positioned Black Banx as a pioneering force in fintech, well ahead of traditional banks.

Pinpoint Problems and/or Challenges

One of the core components of Gastauer’s strategy was to tackle financial exclusion head-on. Black Banx made significant strides in offering banking solutions to the unbanked and underbanked, particularly in regions with limited access to traditional banking services. 

By leveraging technology and strategic partnerships with mobile network operators, Black Banx has been able to extend its reach and offer innovative banking solutions to millions worldwide. This strategic alignment with mobile operators has been crucial, as it taps into an existing infrastructure to reach remote areas, significantly lowering the cost of expansion.

The platform’s ability to facilitate quick, cost-effective international money transfers has been a game-changer, particularly in markets like the Middle East, Asia, and Africa. This not only supports individuals and businesses in these regions but also contributes to the overall growth and stability of the global economy. 

Gastauer’s focus on simplifying and reducing the cost of these transactions demonstrates a deep understanding of the core needs of his customers, thereby enhancing customer loyalty and trust in the brand.

Take a Tech-Driven Approach

Under Gastauer’s leadership, Black Banx has remained at the forefront of technological integration within the banking sector. The adoption of blockchain, AI, and data analytics has enabled the platform to offer personalized financial services, enhancing customer experience and satisfaction. 

This technology-driven approach ensures that Black Banx stays ahead of industry trends and continues to offer relevant and secure banking options. Gastauer’s commitment to integrating advanced technology not only streamlines operations but also provides a scalable model that supports continuous growth and adaptation in a rapidly evolving market.

Leave No Market Unturned

Gastauer’s vision for Black Banx was never limited to a single region. By 2023, the company had expanded its services to include 28 FIAT and two cryptocurrencies, with a robust presence in over 180 countries. This global approach has not only diversified the company’s customer base but also minimized regional economic risks, allowing Black Banx to thrive in a competitive and fast-changing financial landscape. 

The strategic decision to operate across diverse markets also mitigates the risk of localized economic downturns affecting the overall health of the company.

Set Milestones

The year 2023 was a landmark year for Black Banx, as it reached 39 million customers and reported revenues of US$2.3 billion. The company’s ability to maintain a high rate of customer acquisition and satisfaction speaks volumes about its effective strategies and customer-focused approach. 

The first quarter of 2024 continued this trend, with Black Banx announcing a pre-tax profit of US$639 million and revenues of US$2.1 billion, driven by strategic implementations like fixed monthly account maintenance fees. Gastauer’s strategy to introduce fixed fees was a calculated risk that paid off, providing stable revenue streams and further solidifying Black Banx’s financial foundation.

Michael Gastauer’s strategic foresight and relentless innovation have propelled Black Banx to new heights, making it a leader in the digital banking sector. His commitment to financial inclusion, coupled with an aggressive expansion strategy and technological integration, has not only shaped the future of Black Banx but has also set a new standard in the industry. 

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