Billionaire entrepreneur Jay Bloom is in the prime of his career, and his role as a business influencer has been well-established. That doesn’t mean he’s sharing Instagram stories about the latest trends, though. It does mean that he’s sharing his experiences through conversations that enlighten current and aspiring entrepreneurs.
Jay’s methods for influencing can be broken down into several steps.
Be Approachable.
Jay Bloom has an easy-going demeanor that one might be surprised to find in someone who has helped launch hugely successful companies, including the owner and operator of the largest solar-powered data center. His willingness to conduct interviews with fellow entrepreneurs about various topics, from starting in the business world to using one’s passion as a catalyst for new ventures, lends inspiration no matter what level a businessperson currently finds themselves. Being able to relate one’s success to others on a familiar level encourages others to strive for the same achievements.
Be Frank.
Entrepreneurs aren’t afraid to discuss struggles and failures. These may include not thinking through a business plan, getting stuck in a bad business relationship, or being overly trusting of someone who ultimately takes advantage.
For Jay Bloom, as with many entrepreneurs, bad experiences come with the territory. It’s what one does with those experiences that determines their future capabilities. Being willing to share the negative and the positive is a key trait of an entrepreneurial influencer and a business mentor.
Be Helpful.
Influencers may sometimes seem like they’re in it just for themselves. It’s easy to get that feeling while watching online influencers hawk freebie products and take overly adorable selfies. That’s not the case with entrepreneurial influencers, though; they are rooting for the success of others as much as they are for their own.
Jay Bloom has built a network of professionals in various disciplines: banking, real estate, law, and more. This network has, of course, been important in weathering difficulties and challenges. It has also been vital as Jay Bloom pays it forward. Realizing how much one can help others through one’s expertise is a rewarding feeling that entrepreneurs tend to embrace.
Lead by Example.
It’s one thing to talk about integrity as a business practice; it’s another to actually demonstrate it. A popular phrase at the moment is “conscious leadership.” This involves conducting business in a way that benefits others and society at large. While kindness is a definite part of conscious leadership, so is accountability. When a partner or investor, or employee takes advantage of a situation, it’s crucial to take action. For Jay Bloom, when he and his partner in the HOA real estate investment business First 100 encountered an investor who reneged on his promises, the only choice was to go to court. The result was a huge monetary settlement, but there was something more: a sign of integrity for First 100 and its stakeholders. Leading by example in difficult times lends great respect and credibility, and encourages others to follow that pattern.
