Make A Million Dollars In 90 Days

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Make A Million Dollars In 90 Days

Make A Million Dollars In 90 Days

A new Discovery TV show offers “secret money” in Erie, Pennsylvania $100 to build a million dollar business in 90 days.

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“Secret Billionaire” Glenn Stearns, who comes from a working class family and made his fortune in the mortgage business, was convinced that he could do it again when he approached Discovery about acting in TV.

The proposal was simple: Discovery would place Stearns in a small American town, with $100 in his pocket and without the contacts he had built over 30 years in the business, and see what Is it possible to build a million dollar business from scratch. . 1990. Sun.

Discovery CEO Nancy Daniels told Business Insider in an interview last year that Stearns was “100 percent confident” he could do it again. “I didn’t believe it before I met him,” Daniels added, but eventually came to believe that Stearns could do it.

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Viewers will now see what Stearns succeeds in The Secret Billionaire, which airs Tuesday, August 6 at 10 p.m. in Discovery.

For the show, Discovery sent Stearns without his “long-haul plane or yacht” to Erie, Pennsylvania, where he played the role of “Glenn Bryant,” “an ordinary man 30 years old.” comes in the American business but has always had a personal dream. one.” Stearns had a cover story to explain why the cameras were following him, the network said in a statement.

“We were really focused on it,” Daniels said of last year’s show. Looking at the success or failure of Stearns, the show examines the concept of the American Dream, the self-made entrepreneur archetype, and the business opportunities available to entrepreneurs (no connections or capital) in America today. the city

Make A Million Dollars In 90 Days

“After 90 days, Glenn will reveal his true identity and introduce further changes – the team’s best performers will become part of the company and play an important role in the management,” Discovery said. “An independent financial analyst will also evaluate the value of the new company to see if it will meet the mark. If it is $1 million short, Glenn will put $1 million of his private money into business.”

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Although Stearns is not well known to the public (there are more than 2,000 billionaires worldwide), the Orange County-based entrepreneur founded Stearns Lending, a mortgage loan company that received more than $500 million in revenues from 2014 and 2014. 700 employees before Blackstone received 70% percent​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​ Discovery estimated Stearns’ debt at more than $1 billion, though Business Insider could not verify that number. Stearns does not appear on the Bloomberg or Forbes billionaires list, but the often difficult to identify wealth that comes mostly from private companies.

Daniels said last year that Stearns came to Discovery “wanting to challenge herself” and that the show is about “taking control of her life” and how that’s possible.

Stearns was convinced that he was, and he could reconstruct his story using the principles that had guided his work. Viewers can see the real episode from August.

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A new TV show sends a billionaire entrepreneur “undercover” to see if he can build a multi-million dollar company from nothing in 90 days.

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Make A Million Dollars In 90 Days

If you put yourself as a rich person in a city with a few dollars and have the desire to create something, they can turn a million dollar business in a few months?

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“Discovery” will answer these questions with its new show “The Secret Billionaire”, which is scheduled to start filming in 90 days.

Discovery’s chief marketing officer Nancy Daniels told Business Insider in an interview, “a millionaire came to us wanting to pull himself together.” He is someone who “came from nothing” before making it big and is “100% sure” he can do it again.

This is the experiment they created: he was given three months to create a million-dollar company in an unknown middle-class city, without the benefit of previous contacts and with $200 in his pocket (exact price is still being worked out).

Daniels wouldn’t reveal the billionaire’s name or business — out of concern for the film — but said he wouldn’t admit it to many people.

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In the show, the audience will know who he is from the beginning, but the people he works with will not let him commercialize everything he does (they have a cover story to explain show.

It can succeed or fail. But whatever it is, good or bad, it will be a comment on American resources and the idea of ​​a man being himself. How much of his early success was luck and how much was his drive and innate ability? Can a business lightning strike twice without major financial support?

The show is essentially about “taking your life into your hands,” Daniels added. And the results show how it works.

Make A Million Dollars In 90 Days

The billionaire explained to the producers several ways or areas of the business that he hopes to explore on the show, and no one is on his front wheel, Daniels have said. He really tried to go back to his roots: no contacts, no knowledge, no money.

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“Before I met him, I didn’t believe [his approach],” Daniels said. But after the meeting, he thought he would just do it. He has 90 days to prove his eligibility.

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Maggie Cook, 37, had no business experience when she founded Maggie’s Salsa in 2004. Born in Mexico to American parents who worked in an orphanage, she had a knack for salsa. “The only thing I know how to do is chop the salsa ingredients in a bowl,” Cook said. But his friends at the University of Charleston in Charleston, Washington raved about his recipe, so he decided to compete at the Charleston Capitol Farmers Market every year. He was satisfied.

At the time, Cook was working for an interior design company. With an investment of $800, he started making salsa in his kitchen. His first two clients were Capitol Market Stores; As his business grew, he opened restaurants in Charleston and nearby Huntington, W.Va. lease. It broke big in 2007 when it called Whole Foods cool. After a store representative expressed interest in his product, he loaded his Honda Civic with Salsa and drove 360 ​​miles to Hyattsville, Md. The meeting led to a £10,000-a-week deal for Salsa, leaving Cook inside. – Work to create and focus on his business. It expanded its product line to include a variety of dips and salsas and signed up with Kroger and Walmart. In 2014, Cook sold his business to Garden Fresh Gourmet, a national salsa maker. (Cook declined to disclose details of the deal, but at the time it was worth more than $1 million a year.) In 2015, Campbell Soup bought Garden Fresh for $231 million.

Prime Video: Undercover Billionaire

A successful startup can make you a millionaire (or even a millionaire if you create the next Facebook), but the risk is high. About half of all new businesses fail in the first five years. Your chances of success are greater if you start with a good business idea

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