• Cas Paton - "Create something that's not easy to take away."

  • Jun 21 2021
  • Length: 57 mins
  • Podcast
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Cas Paton - "Create something that's not easy to take away."

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  • Summary

  • Cas Paton, founder and CEO of OnBuy.com, on competing with Amazon and eBay and the experience of seeing his company grow by 600% year-on-year for the past three years.

    Show Notes:

    (3:34) Founding OnBuy

    (6:01) Taking a different approach to the likes of Amazon and eBay

    (8:07) Transitioning the business

    (10:00) A leap of faith

    (13:26) The see-saw analogy

    (16:40) Managing growth

    (18:51) Challenges and advantages of phenomenal growth

    (21:04) Self-belief

    (23:09) Structuring OnBuy while retaining the original vision

    (23:43) The investment journey

    (27:48) Managing the distraction of investment

    (31:41) Having the right backers

    (33:28) Cas’s business model approach

    (35:21) Why Cas chose Poole as OnBuy’s base

    (37:02) Affect of the pandemic on Cas’s approach to hybrid working

    (39:05) Recruitment challenges and how to overcome them

    (41:33) Staying connected to the team while growing and recruiting so rapidly

    (44:09) Affect on entrepreneurialism on personal life & maintaining equilibrium within the team

    (50:00) OnBuy’s five-year plan

    (53:04) Personal definition of success
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