Social Media Influencer Jake Paul wants to become the first social media billionaire.
The Ohio-born actor and influencer moved to LA, and at 17 started pursuing a social media career. In three years, he has amassed over 20 million followers on social media, earned multiple awards for his digital influence, and starred in Disney Channel’s Bizaardvark series.
Someone with a considerable amount of followers can wield influence, stumble into fame, or get sponsored by a major company. But just Instagram alone is a billion-dollar marketing industry, according to influencer marketing company, MediaKix. Paul says that many people still don’t understand how powerful digital media platforms are.
“For me, I think there’s a huge play in the social media space, and people don’t realize how big it is right now, and how much bigger it is becoming,” he said. “I think I have the perfect opportunity to be able to capitalize.”
Paul says that Dr. Dre and Ashton Kutcher have inspired him to savvily monetize his talents. Among his businesses is Team 10, an incubator that for aspiring social media magnates. He also sells merchandise to his fans, and has just put out a Christmas EP, “Litmas.”. He pushes his billionaire plans by constantly perfecting his content strategies. Paul says that “non-stop” is how he’d described his typical days, since he’s always working.
“One minute I’ll be doing like a prank on someone for my videos, but then the next minute, I’m like in a serious business meeting, talking huge numbers,” Paul said. “Everyone is always working and head down, and accomplishing their goals.”
Peacock shared the trailer for the second season of the celebrity competition show, 'The Traitors.'
Darden, the parent company of chain restaurants like Olive Garden and Ruth's Chris Steakhouse, beat Wall Street estimates in its latest earnings report.
A former Facebook executive pled guilty to stealing more than $4 million from the company while she was employed there.
Rising safety concerns over water bead products marketed to kids have prompted major retailers like Amazon, Target and Walmart to pull some toys off their shelves.
The Congressional Budget Office said Friday it expects inflation to nearly hit the Federal Reserve's 2% target rate in 2024, as overall growth is expected to slow and unemployment is expected to rise into 2025, according to updated economic projections for the next two years.
Intel is out with a new product to challenge other big players in the space like Nvidia and AMD.
Stocks fell after the opening bell Friday but will end on another positive week.
Cheddar News' Need2Know is brought to you by Securitize, which helps unlock broader access to alternative investments in private businesses, funds, and other alternative assets. The private credit boom is here and the Hamilton Lane Senior Credit Opportunities Fund has tripled in assets under management in just six months from November 2022 through April this year. Visit Securitize.io to learn more.
Americans picked up their spending from October to November as the unofficial holiday season kicked off, underscoring that shoppers still have power to keep buying.
The average long-term U.S. mortgage rate dropped below 7% to its lowest level since early August, another boost for prospective homebuyers who have largely been held back by sharply higher borrowing costs and heightened competition for relatively few homes for sale.
