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The 10 Minute Entrepreneur

BONUS 209: Can Your Business Take a Punch?

The 10 Minute Entrepreneur

Sean Castrina

Entrepreneurship, Marketing, Business

4.8308 Ratings

🗓️ 10 September 2023

⏱️ 14 minutes

🧾️ Download transcript

Summary

With everything going on in the world right now, is your business able to take a punch? If your business can't withstand a punch, you are trapped to a ship bound to sink.

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seancastrina.com

Transcript

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0:00.0

Welcome to the 10-minute entrepreneur podcast intended to equip and encourage business owners

0:09.0

and aspiring entrepreneurs taught by active business owner, best-selling author and

0:14.5

teacher, Sean Castrina.

0:17.8

So glad you're listening to the podcast.

0:20.0

Let's buckle up.

0:21.4

Can your business take a punch, you know, with this coronavirus, I own companies and

0:28.7

you really, this is when you find out if your company is built to last and there are

0:35.0

some companies that I think just because of the nature of this epidemic that we have.

0:41.0

I mean, if you're in the cruise industry, airline industry, things like that, I don't

0:46.3

even know if you could build a company that's able to withstand what's getting ready to

0:50.5

take place.

0:51.5

But nevertheless, for the 99.9% of the other businesses, I want to ask you a question, can

0:58.1

your business take a punch?

1:00.0

I love what Mike Tyson said.

1:02.1

Everyone has a plan until they get punched in the mouth and that's true.

1:05.9

And so you think you have a durable company and then you go through, you know, the collapse

1:10.2

of 2008 and you're going to find out if your business can take a punch or you go through

1:16.2

obviously this coronavirus.

1:18.0

Again, you know, I was doing a study of Jack Welch because I did a lesson on him a few

1:23.4

weeks ago and I some kind of caught up in some of his about eight quotes he gave and

1:27.5

one that he gave that is so true, he says, change before you have to.

1:34.2

Change before you have to, you know, I am old enough to understand this when it comes

...

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