Matt Ostanik is an entrepreneur who has founded four startups. In 2019 he started working on Grateful, a platform where socially good businesses do “grateful giving” by donating to their customers’ favorite nonprofits. In today’s world, social good has never been important and is a powerful tool for customer retention.
Entrepreneurial Role Models:
Non specific
When business started difficulties overcame:
“There is a voyage of discovery for any new start-up – you learn as you go. I have got better appreciation of that today having been through that cycle several times. But certainly, earlier in the journey I didn’t fully understand … Maybe not as much appreciation about all of the twists and turns that are going to come with that journey as well… Creating new products from scratch is incredibly challenging. It’s exhilarating when it works but it is very challenging. Getting the right team in place around those products – getting the right people on the bus and getting the right roles – also very challenging. Amazing when you get it humming and it all works and you have got the right folks contributing but there is a lot of work and effort that goes into hiring and selecting and coaching and mentoring and growing and advancing people to turn something into more than just a one-person organisation”…[Listen for More]
Favourite Books:
- Good To Great: Why Some Companies Make the Leap… and Others Don’t Book by Jim Collins
- Built To Last: Successful Habits of Visionary Companies Book by James Collins and Jerry Porras
- Crucial Conversations: Tools for Talking When Stakes Are High Book by Joseph Grenny and Kerry Patterson and Ron McMillan and Al Switzler and Emily Gregory
- Give and Take: Why Helping Others Drives Our Success Book by Adam Grant
Favourite Quote:
“The purpose of purpose is purpose Mark Ritson” Mark Ritson
Recommended Online Resources:
Medium – where words matter. Medium deliver’s the best stories and ideas on the topics you care about most straight to your homepage, app, or inbox.
Best Advice to Other Entrepreneurs:
“Entrepreneurship takes incredibly hard work. It’s really a combination of three things… Entrepreneurial success… It’s having a right vision or strategy; it’s executing, executing, executing and delivering on it; but it is also having a bit of the right timing and the right product or service at the right time and place as well. But you are never going to get there without really hustling as hard as you possibly can to throw all of those things at it as well… It’s a long journey but it’s absolutely worth it… Keep going, its persistence… Persistence pays off on the entrepreneur side as well. So keep fighting, keep pushing, keep running that next race and it’s always a journey and it’s absolutely worth it”…[Listen for More]
More About Matt Ostanik:
Neil’s Quote at the Beginning:
“I want to be remembered as the one who tried.” Dr. Dorothy Height
Other Quotes From the Chat with Matt Ostanik:
- “Learning from others is incredibly important for any entrepreneur as they progress ”
- “The doubts are what keep you up at night at times and motivate you to help prove it wrong, to prove you can succeed with it”
- “it’s hard to shortcut the learning curve truly, some lessons you just have to learn”
- “Finding a way to live your passions to do what you enjoy. And I think for many people, not for all, but for many the opportunity to give to help others is incredibly important, a key part of the definition of success as well”
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