How Venture Capitalist Derik Fay Fulfilled His Lifelong Dream
As CEO of 3F Management, Fay works side by side with business partners to achieve each brand’s short and long-term goals.
Presented by Tom White
We are all born with ambitions and dreams, but only a few have what it takes to bring them to life. Identifying what you want to achieve is one thing, but it demands a lot to overcome the many hurdles and turn these dreams into reality.
From a humble background, Derik Fay is a successful entrepreneur and a classic example of grass to grace. He came from very humble beginnings, and challenges, but regardless, he never gave up on his dreams. He is the true definition of hard work and resilience, rising against all odds to succeed.
The college dropout is a self-made entrepreneur who learned and achieved what he has today through trial and error, failure, and passion. This gave him a platform to build a solid foundation of appreciation for every achievement along the way. Derik realized that your present situation should never dictate your future. All you need is to believe in your potential and surround yourself with like-minded individuals who will challenge you to be a better version of yourself daily.
Today, the positive-minded and passionate entrepreneur owns and manages an expansive business empire. Derik is the founder and CEO of 3F Management, a venture capitalist brand that works side by side with its business partners to achieve each brand’s short and long-term goals. Since its inception, 3F Management has partnered with businesses of different sizes, helping them add both synergistic and financial value to their overall portfolio. This includes supporting its partners’ goals of accelerating growth and targeting unprecedented exit strategy multiples.
The 2012 40 under 40 Award nominee has also built and sold over 30 highly successful companies of 7–8 figures. A serial entrepreneur, Derik is also known for constantly acquiring and building new companies, all of which hit the 8-figure mark in annual revenue generation. His ventures expand into the real estate, fitness, beauty, construction, finance, fintech, technology, eCom sectors and more.
With decades of experience in the business world, Derik also serves as a shadow CEO to assist in the high-level C-suite growth of companies spread into various sectors. He is also known for offering consultation to companies, helping them negotiate or assist in mergers, hostile takeovers, or board deadlocks.
Derik now wants to expand his network, doubling down and partnering with, mentoring, and bridging the success gap for entrepreneurs and businesses that have the desire to grow. His dream is to share the feeling of success with as many people as possible.
“I want to demonstrate how you can start with zero dollars and still grow your dream. I want to teach people how to see opportunities that others miss. I want to teach people how leverage and creativity beat intelligence and money every time,” Derik explains.
According to Derik, success is a commodity; there is an unlimited supply. The feeling of setting a goal, designing a plan, and executing it is something anyone can achieve—it does not require special skills.
Derik Fay can be reached at: