For entrepreneurs, success is not guaranteed. Getting where you want to be takes a lot of work and dedication. However, when done right, the payoff can be extraordinary. Brian McFadden is a serial entrepreneur with over a decade of experience in the business world. As a result, he has learned many lessons that have helped him succeed repeatedly. Brian knows firsthand what it takes to make a successful company out of nothing but an idea, making him one of the most valuable resources on entrepreneurship today.
Brian’s list of accomplishments is impressive: he’s scaled companies to millions in revenue in just under a year and been a top-seller on QVC for various products. Brian is the founder of Railnine Media LLC, IRocNights, and Rail Nine Media. He’s also the president, CEO, and director at Cryptyde Inc., and a board member at Islet Sciences Inc. In his past career, Brian was a director at Stealth Technologies, Inc., business development director for Rogers Associates Machine Tool Corp., and chief strategy officer at Vinco Ventures, Inc. Each of these roles has taught Brian several lessons he wants to share with the world.
The first lesson is not to become complacent. “It’s all about the next thing,” Brian says. “You have to keep moving.” Brian believes there’s always a deal to be made. “I never walk from a deal unless I am 100% certain there’s no possible agreement to reach,” he confesses. Brian has been a shareholder of many companies spanning multiple industries, such as TV sales, product development, manufacturing, and more. His expertise in these industries gives him better insights into a company, allowing him to identify weak points within it, and see how it could be better. The key here is remaining hungry and never losing sight of what got you there in the first place: innovation and creativity.
Second, don’t have too many irons in the fire at once at the beginning of your journey. When you focus on one project, it will be easier to learn the ins and outs of that particular industry and become a master within a shorter period. As a serial entrepreneur, being involved in many projects is what Brian thrives at but most usually can’t. However, he didn’t start out as a master in the many industries he now thrives in. The first thing Brian realized was his forte is deal-making and forming structures within acquisitions, so that’s where he focused his efforts and attention, and that’s what got him where he is today.
Embracing failure is the third lesson Brian has learned on his journey. Brian has faced many challenges throughout his career: from companies on the verge of bankruptcy upon his arrival to deals falling apart within just reaching the finish line. Even at the worst point, Brian has taught himself to be optimistic about everything he does or is involved in. Today, when a deal or company fails, Brian believes it’s for a reason. Instead of wasting time questioning it, he quickly pivots and moves on to the next venture because, as he says, “There’s always an opportunity around the corner.” In his words, “You must be willing to make mistakes because entrepreneurship is often difficult and does not always go as planned.”
Currently, Brian is focused on taking Cryptyde, Inc., his latest venture, to new heights within the industry. Adding value to the company and its shareholders are Brian’s biggest priority at the moment and goal over the next few years.
Advertising disclosure: We may receive compensation for some of the links in our stories. Thank you for supporting LA Weekly and our advertisers.