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Michael Gorton, The Journey of a Serial Entrepreneur

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Revolutionizing Health, IT, Energy & Space Industries

Those who believe in hard work, and persistence know that in this world, you can still come from almost nothing and accomplish much.  Michael Gorton worked in any job he could get to pay his way through college.  With jobs that spanned from ditch digging, to short order cook, cashier in an all-night store, and construction Michael was always willing to take whatever was available to pay the rent, food and college tuition.  Those kinds of tasks would build the foundation upon which Gorton would accomplish much. After college, he took a job working as a young engineer in corporate America, but that job did not provide enough challenge, so he set off to become an entrepreneur. A typical corporate workday starts at nine in the morning and ends by five in the evening.  Not so for the entrepreneur, where success comes only from a level of persistence that spans 24 hours a day, seven days a week. Starting and growing a company is more like raising a child than working a nine-to-five job.

Michael Gorton, A Man of High Intellect

Innovator, bestselling author, and serial entrepreneur Michael Gorton paved a path for himself by building a solid and diversified education base.  Alongside his bachelor’s in electrical engineering and Physics, Gorton minored in English.  He then went on to graduate school in Physics and Space Science. When those were done, he shifted to law, where he earned his Juris Doctorate at night while working full time as an engineer. His degrees were earned at some of the most competitive institutions in the world: Texas Tech, University of Texas, and Texas A&M.  Looking back, he constantly gets to enjoy the rivalries between those schools in both academics and collegiate sports.

Industry Experience

Michael has led companies that have transformed their industries throughout his executive career. These companies include Internet Global, Teladoc, Palo Duro Records, Principal Solar, Back To Space, and Recuro Health. The pioneering work of Michael and his team at Teladoc literally created an industry now worth a quarter of a trillion dollars worldwide. 

Books and Awards

As a best-selling author and industry leader, he has published over 30 white papers, 100 articles, and five novels. The novels span the genres from thriller, to inspirational, to science fiction and historical fiction.  His historical fiction: Forefathers and Founding Fathers, tells a fascinating tale from the early colonial period in America.  It became an Amazon #1 bestseller and won several literary awards.  In 2018, Gorton brought in two co-authors to pen his business book: Broken Handoff, which Book Genius ranked as the #1 M&A Business book of 2019. Broken Handoff provides lessons for entrepreneurs and investors on how to increase the success rate in transactions.

Sports Enthusiasm

He has run eighteen marathons, earned a black belt in karate and Kenpo, and has completed a 4,800-mile bicycle trip across the nation. When his kids were young, the family set a goal of seeing America by climbing the highest point of elevation in each of the 50 states. Some of those highpoints are small and easy, like Florida, which is a roadside park, and some are extremely challenging, like the mountains in the Rockies and the western Cascades.  Michael used those adventures to teach his children that it is not about climbing a mountain, but instead about learning to do something that is truly difficult.

Back to Space LLC

Among Michael’s many accomplishments is working with Danielle Roosa, granddaughter of Lunar Apollo Astronaut: Stuart Roosa, in the founding of Back To Space, LLC (B2S).  The team managed to attract living legend astronauts from the Apollo era, including Buzz Aldrin, Walt Cunningham, and Charlie Duke. In this way, Michael expresses his passion for the exploration of space while educating and inspiring people worldwide – all in a for-profit business model.  The company has embarked on building the Lunar Landscape Experience, which will become one of the most unique, entertaining, and remarkable destinations in the world. Construction on that facility is slated to begin soon.  Back To Space team is looking for sponsors and interested parties to participate in the process, so reach out to Michael if you are interested in this area!

Internet Global and Principal Solar

Principal Solar led the charge in education and construction of the Solar industry as solar cells dropped in price and became cost-competitive with mainstream energy production.  The company designed and built several hundred megawatts of solar, capable of powering approximately 70,000 homes in the United States. 

In the early 90s, almost no one knew what the internet was.  Gorton would go to Rotary Clubs, Chambers of Commerce, and any other organization to give speeches and inspire people to “sign on to the internet!”  Plenty of people thought he was a kook, and some saw him as a visionary.  Now, it is difficult to imagine anyone who does not use the internet every single day.  Along with providing simple internet access, Internet Global developed the world’s first high-speed DSL network. He also led one of the country’s first national VoIP networks. Through his efforts, Michael built a company that became North Texas’ #1 internet provider, created an industry, and delivered one of the most transformation engines the world has ever seen. 

Recuro Health and Teladoc

The history of telemedicine goes all the way back to the 1960s when Jay Sanders built the first prototype. It was almost 40 years later before Michael joined forces with medical doctor Byron Brooks to form Teladoc.  In the early days, not only did the Teladoc team have to build everything, but they also had to navigate the waters of regulatory bodies that wanted to close Teladoc and toss Gorton in prison for building the company.  In this post-Covid era, it is impossible to imagine a world without telemedicine! Teladoc has been named by MIT as one of the 50 smartest companies in the world and is now a $20+ billion-dollar company, leading a quarter trillion-dollar industry.  For Gorton, the next step in healthcare is building a company that changes everything again.  He began that process by forming Recaro Health, alongside some of the telemedicine pioneers.  This time, amongst the lofty goals, is improving lifespan and greatly lowering the incidence and severity of major diseases like cancer.

Tips to Become a Successful Entrepreneur

Entrepreneurs face several challenges. Even if you are an experienced entrepreneur, you will still have to face challenges like establishing a brand, matching or exceeding the competition, and retaining profits. Michael was always an observer, and this quality was innate in him. He is even passing on his wisdom to the next generation of entrepreneurs by mentoring them.  His most important advice to entrepreneurs is that you must start with a good plan, surround yourself with great people and never give up.  Gorton is fond of saying that building a company should not be about building your personal ego.  Along the way, every entrepreneur will need to clean the toilets while planning billion-dollar deals.  The ones who insert their egos will probably fail, and the ones who stay focused, have a high probability of success.

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ALFARO BEATS: YOUNG TRENDING PRODUCER FROM ARIZONA

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 Alfaro Beats is an on-the-rise music producer from Phoenix, Arizona. Since the age of 18, he has been creating productions and perfecting his craft. His career first began when he produced his first album with an AZ artist named “Dre Polo”. The project was called “Dear Summer”. His music speaks for itself, which is why he has worked with artists from all over the world, even known artists such as Wacotron, Yung Simmie, Slim 400, and others. He states “Took me 1 year to learn how to use fl studio, how to make the 808s bang, how to make a clap, have reverb and so on“. He is a self-made producer who teaches himself everything he needs to know about the industry. As a hardly known state where producers aren’t recognized or acknowledged, he would like to change the recognition of producers from Arizona. With dedication and patience, comes success. Music has helped Alfaro Beats therapeutically as a person who deals with anxiety. He states “Never forget that giving up is not an option.”

His musical talent has gotten his name well known around his area. After starting music he began selling his beats on platforms such as beatstars which has helped his music travel further and it even helped him land bigger placements. Currently, he is working on a new project with Wacotron to release this year. Being known throughout Arizona is amazing, but he plans to get his name to be a household name such as Londononthetrack, Metro Boomin, Murda Beatz, etc and it’s just a matter of time. Right now he is focused on growing his brand and continuing to get his music heard around the world. Alfaro Beats is a musical staple when it comes to Arizona and soon his music will be heard everywhere.

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Why “It Doesn’t Take Money To Make Money”, According To Social Media Star Ken Mack

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Ken Mack on site at a multimillion dollar LED manufacturing company which he acquired in Brazil

“It takes money to make money” – fact or fiction? We put the question to investor Ken Mack, and he tells us that this phrase is “total rubbish!”. Ken, who comes from humble beginnings, was born in the UK, in the country of Scotland. He now resides in multiple locations around the world, and is currently based in Dubai. The self made millionaire tells us how he started his journey 16 years ago. As he had no money to start with, he needed to find a creative way to create wealth without using any of his own money, simply because he didn’t have any. His quest for wealth led him to discover a strategy known as a leveraged buyout. 

A leveraged buyout is a strategy in which you can buy an existing successful business using other people’s money. One such example of a leveraged buyout is utilizing “seller finance” or “deferred consideration” to buy a profitable business. This is where you can agree a price to buy a business from the business owner and rather than paying up front, you can pay the seller over a set period of time by using the cash flow which the business generates. This effectively allows you to buy businesses without using any of your own money. This is the exact strategy that Mack used to create his wealth. 

Ken tells us “it doesn’t take money to buy a business, it takes strategy. Similarly it doesn’t take money to buy real estate, it takes strategy. For example, in Spain you can get a 113% mortgage which means that they [the bank] will pay you to borrow money. And again no deposit is required and the bank will even pay your buying fees.” Ken went on to give us several other strategies for wealth creation such as “rent to rent”. 

We asked Ken if having a mentor is essential for creating wealth. He told us that he cannot say it is essential as he did not have a mentor himself, when he started. However, “the kind of person who says that it takes money to make money, typically has a victim type mentality and they are the ones who could benefit from a mentor the most. Having a mentor will expedite your success and send you light years ahead”, according to Mack. 

Ken Mack now dedicates his time to coaching others to create wealth and he is aggressively working towards becoming “the greatest generational wealth coach of all time”. He tells us that he hopes to achieve this by sharing his real life experiences with normal people who can benefit from them and he believes that anyone can create generational wealth, just like him. As far as the phrase “It takes money to make money” goes, Ken leaves us in no doubt that in his opinion, this is most definitely not the case!

Also Read: Ken Mack & Coach JV Are Causing A Storm in Dubai, Following Meet Up with Fans

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How Cecilia And Shane Grizzard Tapped Into The Potential Of The Online Space

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Sometimes, people forget or are unable to claim packages from e-commerce platforms like Amazon, Target, or Walmart. Fortunately, these items don’t always go to waste, as people claim them as mystery packages that they open in hopes of finding something valuable. 

While the packages aren’t always what they seem to be, the people who acquire them find different opportunities to monetize them. Influencers even film themselves as they open the packages and guess their contents. 

Cecilia and Shane Grizzard were also interested in mystery boxes, but not for the reasons mentioned. They saw an opportunity to profit from them by tapping into the e-commerce industry. 

Growing In Numbers 

“Shane and I started our e-commerce career with liquidation pallets such as Target, Walmart, Amazon mystery boxes, etc. Then, we started buying truckloads of inventory from target overstocks such as baby items and furniture,” Cecilia said.  

Cecilia realized she wanted to enter the e-commerce industry after seeing that only a few people shop in stores, and the online shopping market is gaining popularity. She also wanted to relax a little from her travel job and run a business from home. 

After an interested customer bought an item from the couple, they created a group page on Facebook and started listing on the Facebook marketplace. Cecilia and Shane then shared their group page and got noticed by other consumers. 

The pair later decided to venture out and started on eBay. In just seven months, they made $75,000 in sales. Cecilia later told Shane to begin selling on Amazon, where they made $55,000 in sales in just one month, with $35,000 in profit. After seven months, the couple earned $140,000 in sales, with $75,000 in profit. 

“The more I share it on my Instagram, the more I get noticed. I was having people ask me for help constantly, which made me start my automation service, CS’ E-commerce,” Cecilia said. 

Starting An Automation Service 

Once the couple’s e-commerce business took off, and Cecilia shared more about it on her Instagram account, more people noticed their success and began asking for help in their e-commerce business. 

Seeing this as another opportunity to exercise her entrepreneurial skills, Cecilia started her automation service, CS’ E-commerce. 

“It takes capital to do $55,000 in sales with a $35,000 profit, but not a lot of people do that in e-commerce. That’s, sometimes someone’s yearly salary at a 9-5 job. I know I can change someone’s life with the automation services I offer,” Cecilia said. 

Check out Cecilia and Shane Grizzard’s Instagram account for more information. 

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