884: The Ten Minute Entrepeneur: Become a Successful Startup with Sean Castrina

Have you thought about starting your own business? Have you always dreamed of becoming a CEO? It sounds tough, right? Starting up your own business is a huge risk, especially if you don’t know what you’re doing. There are a lot of things you should learn before you establish a business. It is not an easy journey. Aside from that, keeping your business going is also one of the hardships you need to go through as a business owner. You should know when and how to take advantage of opportunities that come your way.

Sean Castrina is an entrepreneurial expert and startup advisor. He is the founder of The Weekend MBA, the host of the podcast "The 10 Minute Entrepreneur,” and the author of a book of the same name where he shares ideas and advice for business owners and aspiring entrepreneurs. Today, Sean discusses making quick, calculated decisions as a business owner, and how to identify opportunities that may arise unexpectedly in the first few years of starting a company.

Quotes

“Every decision I've ever made was the right decision at the time based on the information I had in front of me.” - Sean Castrina

“Without employees, businesses don't grow. But I think it's important to know your strengths and weaknesses.” - Sean Castrina

“There are videos on everything. Information is more available today than at any other time in history. If you're not learning right now, shame on you.” - Sean Castrina

Takeaways

01:07 Entrepreneurs must be willing to make quick, calculated decisions and pivot when unexpected opportunities arise, especially in the first few years of starting a business.

03:55 Successful entrepreneurs have the ability to identify and take advantage of small, subtle opportunities that can lead to significant growth.

08:42 Entrepreneurs should focus on a clear, long-term goal, but also be open to adjusting their approach and exploring hybrid solutions to achieve that goal.

12:00 Knowing your strengths and weaknesses as an entrepreneur, and being self-aware of your decision-making process, is crucial for success.

27:41 Continuous learning and staying up-to-date with industry trends and information is essential for entrepreneurs to maintain a competitive edge.

Resources

Podcast: Play in new window | Download (Duration: 29:31 — 40.8MB) | Embed

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Filed in: Archive 4: 2020-2023 • Interview • Podcast

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