UA Little Rock senior, Jared Stovall, has been named one of only 30 students chosen nation wide as a Forbes 30 Under 30 Scholar, a first for UA Little Rock students.
The Forbes 30 Under 30 Scholar list is a yearly list published by Forbes magazine that recognizes 600 business and industry figures under the age of 30 across the United States and Canada that have made great achievements in their field of work. Each list is separated into 20 different categories, with 30 people in each.
“The list features 600 trailblazers in 20 industries,” Forbes’ website says. “Choosing these honorees among thousands of nominees is long and daunting, a three-layer process that relies on the knowledge and authority of our wide-reaching community, skilled reporters and expert judges. The final product: a collection of bold risk-takers putting a new twist on the old tools of the trade.”
With this honorary recognition, Stovall, along with the other scholars selected, will be able to attend the Forbes 30 Under 30 Summit for free, which is an event taking place from Oct 27 – 30 in Detroit that allows students to network with a variety of industries and includes guest speakers like Serena Williams and the Chief Marketing Officer of Tinder.
“The opportunity to see all the other successful entrepreneurs and to network and be among people who are successful has made this the opportunity of a lifetime,” Stovall said.
Originally, Stovall was hesitant to apply, questioning if it was even worth it, but a friend from back home in Texas, Corey Trimble, who also got on the list, urged him to.
“I just told them my story when I came across Forex,” Stovall said. “I started in July and I told them my story about how successful I was in that due to my mentors and they enjoyed it and awarded me this recognization.”
Forex is short for the “Foreign Exchange” market where people can exchange foreign currencies, such as turning the U.S. Dollar into the Japanese Yen. Stovall is a Forex trader at DFW Trade House back home in Texas, where he mentors multiple people interested in getting into trading and helps create strategies to maximize profits and limit losses.
“Everyone is taught to go to school, get a nine-to-five job and then retire when they’re about 55-60,” Stovall said. “But if I can implement entrepreneurship skills in somebody else, they can be mentored by me, see what I’m doing and grow. They won’t have to constantly work a nine-to-five because most people are living paycheck-to-paycheck and that can relieve the pay-check-to-paycheck drama.”
Even after Stovall applied, he still questioned if he would even get it due to the fact that it took two weeks to announce.
“I was telling Corey ‘Man, see? I knew I shouldn’t have applied,” he said. “But, hey, patience is the key and I waited for two weeks and got accepted. I was real excited.”
Somebody that never questioned Stovall was Chancellor Leadership Corp (CLC) Graduate Assistant Rebecca Davis.
“I heard that he applied when he was selected, so it was a huge ‘Oh my goodness congratulations! You applied? That’s so great!'” She said. “It was a lot of emotions all at once whenever we found out. I wouldn’t have any doubt at all if he would be selected.”
Stovall, a CLC scholar and a second year Student Leader in the program, credits both CLC and UA Little Rock for his success.
“The springboards for my success is CLC along with along with my mentors just constantly giving me information I could use to utilize for the betterment of my self, like becoming a leader,” he said. “I wasn’t a leader at first when I arrived here at UA Little Rock, but I became one because it was excepted of me.”
With only a month until the summit, Stovall has his eyes set on the future even beyond this opportunity.
“My goal is to keep going and keep introducing people to trade and allow them to become financial free just like me,” he said. “That’s my whole goal because I realize that trading is nice and it’s very profitable, but what’s the point in having all the money in the world if I’m not helping others?”