Sebastian Rusk hosts The Grit Daily Startup Podcast, where he dives into the fascinating world of startups and speaks to business professionals to uncover what it takes to get ahead. In this episode, he talks to Thuy Pham, Co-Founder and CEO of the franchise company Spectrum Tuition. Thuy emphasizes the importance of persistence and grit as the toughest part of the startup process. She suggests that anyone thinking of starting a business systematize as much of it as possible right away, to set yourself up for eventual success. Tune in to the Grit Daily Startup podcast to hear the inspirational stories and advice from successful and ambitious business professionals.
Topics Discussed and Key Points:
-Education-based Solutions for Financial Planning
-The Challenges of Starting a Business: Exploring Grit and Persistence.
-Systematizing Your Business for an Exit Strategy.
[00:03:56] Education-based Solutions for Financial Planning
[00:07:47] The Challenges of Starting a Business: Exploring Grit and Persistence.
[00:11:15] Systematizing Your Business for an Exit Strategy.
“Just persistence, I suppose, you know, that grit like what we’re talking about. Just not being able to give up.”
“You can be scared, and you can run away, or you can be scared and just do it anyway.”
“Anything that can be replicated, you know, just to make sure that you’re developing a system.”
“When they are to sell the business, they probably won’t be able to get the price that they want because they don’t come with the business.”