Rich Gorman

Inventor, Consultant, E-Business Investor for Gorman Economics LLC

D.O.B. 05/11/1982

Pennsylvania, United States | AKA: Rich

Bio

Rich Gorman is an Internet Entrepreneur that creates online businesses without a ceiling. Gorman has 2 different types of business models.Business Model 1 turns product offers into slot machines. The economics behind the model is such that for every dollar placed into media spends there's an immediate return on that dollar. Part of the profits are reinvested into the campaign and the campaign scales accordingly. The end goal is to turn each offer into recurring revenue.Business Model 2 takes disruptive concepts and turns them into a viable businesses. This model requires minimal burn rates as it adheres to market trends, immediately capitalizing on industry opportunities to fund growth. The end goal is an exit via taking the company public or having it acquired through a strategic buyer.

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Present

Rich Gorman is a big believer in work/life balance. When starting his career, he would work 7 days a week, spending little to no time focused on family and friends. Then one day he woke up and realized that his kids were growing up too fast, and that the precious memories of their childhood are worth more money than all of the money in the world.After having this epiphany, Rich scaled back his working days. To compensate of the missed working hours, Rich began infusing his companies with talent…from C-Level Execs to critical linchpins. Now for the first time ever Rich was able focus exclusive time on his family...without the distractions of business affairs. As a policy when spending time with his family, Rich will often times completely disconnect himself from business technology: phone/iPad/computer. This allows him to focus quality time on his family, and gives him the opportunity to recharge his batteries so that he can add more value to his businesses.Rich is at the point in his career where he's seen a lot, but hasn't seen it all. He has built an expansive business network, including but not limited to media partners, financial institutions, legal teams, developers, designers, operators, lobbyists, and other fellow entrepreneurs. Launching new ventures and scaling current businesses is now easier than ever before.

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Past

Rich Gorman is an internet entrepreneur that specializes in creating disruptive business models. Starting his career in Online Direct Response Marketing over ten years ago, Rich has built e-commerce business models that played transformative roles in a number of industries, notably PR, Brand Management, and Fulfillment. His specialty is in continuity billing models.Rich graduated Cum Laude from Ohio University with a degree in business law and economics. Thereafter Rich Gorman enrolled in Harvard's Extension School, in which he successfully completed 1 semester. During his second semester his daughter's mother was tragically killed in a car accident. Rich thereafter dropped out to devote his time to raising his daughter and build businesses. Rich went on to launch a litany of online businesses, 2 of which he has successfully exited.

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Future

Rich Gorman plans to build more businesses and continue to hire CEOs to run them. Gorman is a bona-fide workaholic and will likely work till he is blue in the face. He subscribes to the philosophy that the harder you work, the luckier you get. Gorman hopes to leave a positive legacy behind for his children. Rich wishes for them to enjoy the financial security to pursue their dreams in life. When it comes to life, Gorman heeds to Theodore Roosevelt's speech on The Man In The Arena: It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who errs, who comes short again and again, because there is no effort without error and shortcoming; but who does actually strive to do the deeds; who knows great enthusiasms, the great devotions; who spends himself in a worthy cause; who at the best knows in the end the triumph of high achievement, and who at the worst, if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who neither know victory nor defeat. As such, the life of the internet entrepreneur is not a life for the timid...go all-in and give it your best.

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Reviews Of Rich Gorman

  • Review: Strongest person I know

    Submitted: Mon, February 6, 2017

    Reviewed By: Anonymous

    Pros: The best thing about Rich is that he never gives up, he stands up for what is right. When he rarely is in the wrong, he will quickly admit it. He works extremely hard everyday to give his loved ones the best everyday. When he sets his mind in doing something, he will get it done, even if his fingers are bleeding!

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    Constructive Criticism: I actually can not think of anything that he needs to improve on. If anything, I would say he should get a little more sleep, but doesn't everybody?

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  • Review: Hardest Working Man On The Internet

    Submitted: Fri, January 27, 2017

    Reviewed By: Anonymous

    Pros: Rich has that rare ability to identify scalable internet based based businesses as well as the operational skills to build them out and make them profitable. Rich's work ethic is second to none and he expects excellence from himself and those he works with. There just are not a lot of negative things to say about Rich. He is also a loyal employer, partner and friend as well as being an extremely dedicated father.

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    Constructive Criticism: Rich can at times move very fast in business that can inevitably cause extra work. However, that being said, it's that same tenacity and drive that leads to many of Rich's professional successes.

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Education

Career History

  • Gorman Economics LLC

    Inventor, Consultant, E-Business Investor

    2009 To Present
  • Internet Entrepreneur

    Calculated Risk Taker, Workaholic, and Trail Blazer

    2002 To Present
  • CompUSA

    Sales

    2001 To 2002
  • GNC

    Sales

    1997 To 2000

Organizations

  • Atlantic City, NJ

  • Sea Isle City, NJ

  • Las Vegas, Nv

  • Laguna Beach, California

  • Puerto Rico

  • St. Kitts and Nevis

  • Cancun, Mexico

  • Aspen

  • Canada

  • Dominican Republic

  • Panama

  • Medellin, Colombia

  • Cayman Islands

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  • Available Upon Request

  • The Innocence Project

  • Paralegal

  • Agnostic

Favorite Quotes
  • " Nothing can stop the man with the right mental attitude from achieving his goal; nothing on earth can help the man with the wrong mental attitude."
    - By: Thomas Jefferson
  • " Many of life's failures are people who did not realize how close they were to success when they gave up."
    - By: Thomas Edison
  • " Well done is better than well said."
    - By: Benjamin Franklin
  • " There is no substitute for hard work."
    - By: Thomas Edison
  • " Success is a lousy teaches. It seduces smart people into thinking they can't lose."
    - By: Bill Gates
  • see more

My Mentors/ Influencers

  • Richard Gorman Sr.
  • Tyler Allen
  • Norma Gorman
  • Rick Del Rio
  • David
  • see more

Core Competencies

  • Direct Response Marketing
  • Sales Engineering
  • Entrepreneurship
  • Public Relations
  • Online Reputation Management
  • Social Media
  • Marketing
  • Business Management
  • Six Sigma
  • Strategic Thinking

Greatest Attributes

  • Visionary
  • Connector
  • Tenacious
  • Loyal
  • Thick Skinned
  • International Campaigns

  • Built A Sales Floor With 50+ Reps

  • Successfully Raised Capital For A Company

  • Acquired Multiple Premium World-Class Domain Names

  • Opened NYC Office

  • Defeated Multiple Google Penalties

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  • Built to Last

  • How To Win Friends & Influence People

  • Delivering Happiness

  • How To Argue & Win Everytime

  • Win Your Case

  • The 48 Laws Of Power

  • Art of War

  • Master of the Game; If Tomorrow Comes

  • Good to Great

  • The Smoking Gun

  • Magic Of Thinking Big

  • The Essays of Warren Buffett

  • Think and Grow Rich

  • The Art Of Seduction

  • The Runaway Jury

  • Rich Dad Poor Dad

  • Team Of Rivals

  • The Innocent Man

  • The 33 Strategies Of War

  • The E-Myth Revisited

  • The Partner

  • How The Mighty Fall

  • Jeffrey Gitomer's little red book of selling

  • Give Me Liberty

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  • Video Games

  • Game

  • Spending Quality Time With Family & Friends

  • Scrabble

  • Building Viable Internet Based Businesses

  • On People & Talent