Entrepreneur Interview with Mr. Deric Brown of Milliardo Pryce

Entrepreneur interview with Mr. Deric Brown up and coming Milliardo Pryce follow the link to learn more about his work. http://www.milliardopryce.com/

Insights and thoughts on a startup venture that is in the early stages and building consumer demand. a product that once launched will change how we socialize and communicate with one another.

On Sunday October 9th,2016 I interviewed Mr. Brown on his Entrepreneurial Views on his perspective on being a social entrepreneur and how classic interfered with his efforts. Raising funds as well as the stepping stones on how it has been challenging in this market to get a only online product that would enhance peoples life’s.

Followed by his views on how he handles the social media aspect of gathering investors and people who would help him get to where he needs to go are some of the things that will be touched on. Knowing where your strengths are in a team setting and in the people you choose to help you lead a business are essential to the success of a company or its demise.

Discussion with Mr Brown are as follows

Myself: Thank you for taking the time to discuss with me something I know is dear to you. I know how fond you are of your investment. So I’d like to pick your brain a bit and just kind of discuss how this process works and how you made it work to the best of your abilities ok?

Mr. Brown: thanks you for having me so yeah whenever you’re ready.

Myself: What kind of entrepreneur are you?

Mr. Brown I’m social not classic type of entrepreneur. Reason being in this day in age the brick and mortar model in becoming a thing of the past services are online where they are accessible, therefore most people would prefer to have something that’s “handy.” a lot of it is because of the digital age that we are in allows us to create revenues that are visible but not touchable. Amazon for example things like that. When they started they were a service that was on the cloud “online.” Being engaged into social tools to expand my business more online not brick and mortar which allows me to be more engaged with my audience.

Myself: Challenges in the past 12months in regards to his start up venture Milliardo Pryce.

Mr Brown: Investors tend to be more classic myself being a social entrepreneur wanting to put my resources into the platform as opposed to having it be more of a brick and mortar like the investors wanted to but it made hard due to the type of investors who interest I gathered vs the ones who I wanted to gather.

Myself: Would you say throughout the process you have enjoyed doing what you do?

Mr. Brown: yeah I mean it has been enjoyable every step along the way has been a learning curve. Being prepared for it if you have your financials together and know how to structure them then those things combine to being able to have a successful company. Over the course of these 12 months it was more of focusing that everything was good with the foundation rebuilding the structure of the company. To be able to physically launch the company to market it’ll be something beautiful.

Myself: if given the opportunity to do it again would you have considered going more of the classical route of like a shop to advertise the product? Or would have prefer it to be an online platform?

Mr Brown.: To answer your question no I would have taken the similar steps due to the costs. I wanted to be an online platform. Quickest way to open up and have cost reduced. As well use most of the profit made to be used for towards the platform itself instead of overhead and maintaining the store. Which eats into profit margins ie. Shipping bills utilities as well as the product.

FINAL WORDS

“know your competition” have a strong team no company is ever launched by a team without a vision that’s aligned but by one person by one person and a team with a vision thats aligned.

#startupventure #teamwork #success #themodernera #trust