What exactly do you do for your career?
I am the Founder of a Finance Startup, the Miles Group Portfolio Inc. We are a corporate and business development firm. We create, develop, and manage startups from various industries. I started this company while studying real estate finance and development at NYU. While I saw many of my peers heading towards the investment banking and the commercial real estate sector, I became intrigued with holding companies and how they manage various brands and products. After researching some and speaking to my mentor at the time who owned businesses under a portfolio, I felt like I could do the same, but in my own creative way. That was in 2016. Since then, we have been able to add six additional startups to the portfolio. Our current portfolio consists of the following companies:
•The Miles Group Portfolio Inc.
•Fish Tanks Apparel
•T.R. Miles Coaching Solutions Inc.
•The Red Agent C: A Luxury Real Estate & Lifestyle Concierge Firm
•Monday Milez Entertainment: LLC, NYC
•Reel Success TV: A Production Company
•The Miles Minutes – a Blog by T.R. Miles
What is the most rewarding part of your job?
I would say the most rewarding part of my job is seeing progress and doors open after establishing and releasing a company to the marketplace. These companies start out as a vision, as all companies do, and the execution and downtime before you see success can sometimes take years. I am grateful for even the small successes and I celebrate those successes both big and small. I also believe that our startups are fun and keep us on our toes. We are constantly researching our industries, conference, events, and more that expose us to different business ideas and networks. One day we could be at an apparel conference for Fish Tanks and the next at a music review for Monday Milez Entertainment.
What do you want your audience to know?
I want my audience to know that the Miles Group Portfolio is more than just a corporate & business development firm. We are creatives in the Finance sector. We stretch ourselves out of the box and we create companies that are fun, innovative, and unique. We felt like the finance world was a bit rigid and we wanted to create our own path. We are a group of professionals with experience and credentials; however, we love to be ourselves whether that be in our fashion and/or hobbies. My managing director of Fish Tanks is a black belt in Tae Kwon Doe and my Co-Founder is a personal trainer and hockey coach to students in his spare time. I still work on my singing and music career as Monday Milez in my spare time.
What is your greatest success so far?
We recently won an award where we were recognized as the Rising Starts in Startup & Development from Acquisition International, a top financial online publication in the Finance sector. They researched our companies online and saw all that we were working on. It was an honor to receive the award and to just know that all our hard work is not going to waste. The award gave us even more momentum to move forward with our goals and projects under the portfolio.
What does it take to be a successful entrepreneur?
I think every entrepreneur should have grit and be able to weather the toughest times. It is equally important to have adaptability and move with the market. Becoming more adaptable to trends in the market have allowed us to take on a more strategic approach with our companies. Being in NYC has also put some leather on our back (if I said that right). We have learned and grown just by failing and yes, we continue to fail, but always forward. We have embraced struggle and still end the day loving what we do. I realize that we may not see the profits we want starting out. Being patient with ourselves and realizing that we are not in competition with anyone but ourselves keeps us focused and sharp.
Anything else your audience should know?
That I m still working on my music career. Though I shifted to Finance, I never gave up on my gift. In fact, I started a company centered around it. Monday Milez Entertainment will offer music publishing and production as my own independent label. Please be on the lookout for music from Monday Milez on all music streaming platforms soon.
You can learn more about T.R. Miles and his businesses here.
Find T.R. Miles on his Instagram page here.