According to Inc.com, Gerard Adams was the second most influential millennial entrepreneur to watch in 2017, only behind Mark Zuckerberg. Adams has started and invested in a number of businesses, many of which have become huge successes. He spent one semester at Caldwell University before dropping out and going off on his own. His father worked at Prudential Financial which grew Adams’ interest in the stock market. He started several companies in the financial industry. One of these was called StockSpot, which he says grew to a revenue of $10 million before the 2008 stock market crash. In recent years, Adams has invested in or started nine companies, all of which have made over a million dollars.
The business Adams is most well known for is Elite Daily, a news platform for millennials. The site reached over 80 million monthly visitors. In 2015, Adams and his two co-founders sold the company to Daily Mail for $50 million.
Adams calls himself The Millionaire Mentor. His goal is to inspire millennials in their passions. He does this through a few avenues. The first is his website (GerardAdams.com). On this he has blogs, videos, and other information to help entrepreneurs. He also has a business called Fownders, which has classes, articles, and other things that encourage social entrepreneurs.
Gerard Adams is very passionate about helping entrepreneurs, especially millennial ones, in pursuing their passions. It is great to see a successful person using their gifts to help other people who are starting out just like he did at one point.
It is cool to see someone who was so successful in one industry, the stock market, take their skills and talents to another industry, consulting, and be very successful there as well. In addition, Adams managed to persist through the 2008 crash and still be very successful. A lot can be learned from his journey.
I find this impressive as he was able to bring his skills in the stock market an be able to adapt to another industry with the skills he’s acquired throughout. It also impressive how he did not let the crash slow him down.