Meet The Entrepreneur and Philanthropist: Derik Stephen Fay

Company: 3F Management 

Worth: US$259 million (estimated)

Age: 43

If you have had a recent experience or know anything about Derik Fay or his work, then you know one thing regardless of anything else, he is brilliant. Fay has a powerful and appealing presence in the entrepreneurial world. His skills and leadership are profoundly respected by his peers, as evidenced by the significant number of achievements and philanthropic endorsements he’s received.  

Derik founded his first company, 3F Management, at a young age when he moved to Fort Myers in 2002, but long before the company was born, he was already an fledgling entrepreneur brokering real estate transactions, brokering deals between individuals, brokering deals between businesses, and going from business to business selling his ability to reorganize corporate structures to better utilize current workforce to produce greater revenues with reduced expenses.

He initially enrolled in the University of Rhode Island to get a bachelor’s degree. However, those plans quickly shifted when he realized what he had always known, that he could never be anything but a entrepreneur.

Today, Derik is at the helm of many well-known brands, including 3F Management , Around the clock fitness, a renowned health club chain he started in Florida and sold for millions in 2019., SalonPLEX a salon suite company that is currently experiencing explosive growth across the state of Florida, NCS Electric, ATCF Investments, Slicers Subs, Ritas Italian Ice, Accident Experts, Integrated Care Centers, Elusive Equity, NGN Partners, True Energy, and so many more that it would consume the entire article to list hem all.  

Regarding Derik’s profile, he took his time to explain his role at each of his companies. 

Like other known philanthropists, Derik spent as much time giving away his time and resources to humanity as he did building his for profit empire (through entrepreneurial awareness programs, feeding the poor initiatives, and skill development workshops). He is also known more recently for some of his online coaching/mentoring podcasts, which are educating, inspiring and empowering  to young entrepreneurs).

You can find out more about the company’s mission on its website. (www.3FManagement.com) Their vision statement explains its approach to meeting client demands.  

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