The Plug Network Streaming will thrive on original production- CEO Thony Edouard
Real estate mogul Thony Edouard, the founder and CEO of Edouard Equity Real Estate company, has explained that he is not afraid of starting a new business from scratch.
His comment was made regarding his proposed forthcoming streaming production and service company which he called The Plug Network.
Drawing an analogy from his New York-based property development firm which markets exclusively luxury houses, he said: “The feeling of starting a property from the ground up excites me and the returns are greater in this business with development houses.
You have to find the right niche and not try to do what everyone else does. Bigger return comes with bigger risk. It is the same principle I am going to apply to The Plug Network.”
According to him, his forthcoming streaming service company will thrive on original production and will seek to carve a niche that will attract global subscriptions.
Going back memory lane, Thony Edouard recounted the major challenges of running his real estate business, detailing how he overcame them.
Said he: “Finding the right team and the right surrounding is the biggest challenge, without a good team your chances are slim to none, train your team to think like you and visualize a project as you do and with that, you should be on your way to overcoming any challenges.”
The same formula will also be applied to The Plug Network, he avowed.
Reflecting on the crash of the global economy brought about by Covid-19, he expressed optimism that the world will recover in due time.
“Covid-19 has affected every business being that the world was shut down there is no construction, no contact with people so it was hard as we had projects that started and had to take a much longer time than expected but surely a period of recovery is ahead,” he said.
