George Boutsalis Wants You to Chase Your Dreams, Work for Yourself and Blaze Your Own Trail!

Episode
Quite simply George Boutsalis likes to create, likes to build, likes to read and likes to run. And he likes to...
Key takeaways
- Don't fear failure, especially when you're young and can afford to take calculated risks and bounce back from setbacks.
- Correlation is not always equal to causation, so always question whether there are hidden factors influencing a situation before drawing conclusions.
- Starting a business requires taking that first leap of faith into the unknown, which is often the hardest part even before dealing with the operational challenges.
- Being thoughtful and mindful about how your decisions as a leader impact employees, colleagues, investors, and users is essential to good leadership.
- Independent thought and critical thinking are crucial for entrepreneurship, as being told what to do doesn't cultivate the mindset needed to pursue your own ambitions.
Transcript
Full transcript page · Interactive episode
============================================================ TRANSCRIPTION WITH SPEAKERS ============================================================ [00:00] SPEAKER_00: Today's podcast is sponsored by the Co-operators. [00:03] SPEAKER_00: As part of your local community, [00:05] SPEAKER_00: their advisors understand the challenges [00:07] SPEAKER_00: facing businesses like yours. [00:10] SPEAKER_00: They're here to help you protect what you work so hard to build [00:12] SPEAKER_00: and ease your mind with professional advice, [00:16] SPEAKER_00: the right insurance solutions, [00:18] SPEAKER_00: and the full range of coverage options. [00:20] SPEAKER_00: Visit co-operators.ca to find a local advisor today. [00:26] SPEAKER_00: Welcome to Canada's podcast. [00:28] SPEAKER_00: The number one podcast for entrepreneurs by entrepreneurs. [00:33] SPEAKER_00: Today we're going to meet George Butsalis from Cast App. [00:39] SPEAKER_00: So let's dive into the podcast right now. [00:44] SPEAKER_00: So George, once again, welcome to Canada's podcast. [00:48] SPEAKER_00: And I already said to you, I love you back drop. [00:51] SPEAKER_00: It's great. And I mentioned Long Podcasts, [00:53] SPEAKER_00: Podcasts, do do do. I know. [00:55] SPEAKER_00: So we have similar interest in this channel, if you like. [01:03] SPEAKER_00: But before we go much further, [01:05] SPEAKER_00: in the course you're promoting pals. [01:07] SPEAKER_00: I feel bad because I don't have it on. [01:12] SPEAKER_00: Tell us a little bit about yourself. [01:16] SPEAKER_00: Why you're here sitting in front of me in Canada's entrepreneur [01:20] SPEAKER_00: and what you do. [01:23] SPEAKER_00: Sure. [01:23] SPEAKER_01: Well, Phil, first of all, thanks for having me. [01:26] SPEAKER_01: To be honest, as you said, we have a podcast, [01:29] SPEAKER_01: the pals podcast, but not here to talk about that. [01:31] SPEAKER_01: This is actually my first time being interviewed in a podcast. [01:34] SPEAKER_01: Despite the fact that we've ended up at almost 100 episodes now. [01:37] SPEAKER_01: I've never sat on this site. [01:38] SPEAKER_01: So I appreciate you having me. [01:40] SPEAKER_01: There's about a ton. [01:41] SPEAKER_01: Yeah, no, you know, I think I've earned it now. [01:43] SPEAKER_01: So thank you. [01:43] SPEAKER_01: It feels good. [01:45] SPEAKER_01: So yeah, pleasure to be here. [01:48] SPEAKER_01: A little bit of homie. [01:49] SPEAKER_01: So I'll try to keep this brief because, [01:52] SPEAKER_01: you know, I feel like I've done quite a bit over the last, [01:55] SPEAKER_01: I would say my entire life, but the last decade, [01:57] SPEAKER_01: things really ramped up. [01:59] SPEAKER_01: To take it back to kind of the beginning, [02:01] SPEAKER_01: my roots and how I ended up kind of in the entrepreneurial space. [02:05] SPEAKER_01: My father came immigrating here from Greece. [02:10] SPEAKER_01: I only was 17 years old. [02:12] SPEAKER_01: You know, no, as he tells me, no money to his name. [02:15] SPEAKER_01: Couldn't afford shoes. [02:16] SPEAKER_01: And just had that entrepreneurial spirit wanted to make a name [02:19] SPEAKER_01: and provide for his future family. [02:21] SPEAKER_01: And, and yeah, it was in the food business [02:23] SPEAKER_01: that he got into the cleaning business, [02:25] SPEAKER_01: where he currently is today. [02:27] SPEAKER_01: And, you know, if we have a pretty well-established cleaning business [02:31] SPEAKER_01: in the city of Ontario and Canada. [02:34] SPEAKER_01: And from a young age, I saw his drive in his ambition [02:37] SPEAKER_01: and what he wanted to provide, you know, for myself, [02:40] SPEAKER_01: my siblings and my mom. [02:42] SPEAKER_01: And I just really resonated with me. [02:43] SPEAKER_01: And he taught me a lot growing up on just how to, you know, [02:46] SPEAKER_01: chase your dreams, you know, want to work for yourself, all of that stuff. [02:51] SPEAKER_01: And I kind of followed in his footsteps. [02:53] SPEAKER_01: I was at a young age, you know, started with lemonade stands [02:56] SPEAKER_01: and mail routes and shoveling snow. [02:58] SPEAKER_01: And just always wanted to find a way to, to blaze my own trail. [03:04] SPEAKER_01: That kind of pursued through university. [03:06] SPEAKER_01: And then following my four years at Western, [03:09] SPEAKER_01: I jumped right into the family business, [03:10] SPEAKER_01: worked alongside him. [03:12] SPEAKER_01: Started from the bottom level as a janitor, [03:14] SPEAKER_01: worked my way up and did not enjoy it, [03:17] SPEAKER_01: but it taught me the value of a dollar and hard work [03:19] SPEAKER_01: and respecting where our employees started. [03:23] SPEAKER_01: And then, yeah, I worked there for the last, [03:25] SPEAKER_01: I would say decade or so. [03:27] SPEAKER_01: And, you know, just came to a point where I really wanted to kind of [03:30] SPEAKER_01: further blaze my own trail and make my own name. [03:32] SPEAKER_01: And while I am very proud of what our family and my father has done, [03:36] SPEAKER_01: I just, everything I learned, I took, I realized that I had a little bit more to give. [03:40] SPEAKER_01: That's where I am now with our startup cast, [03:43] SPEAKER_01: which is a social media startup we just launched. [03:45] SPEAKER_01: And obviously the podcast is kind of a side hobby. [03:48] SPEAKER_00: Yeah, that's kind of fun. [03:50] SPEAKER_00: So, you know, I want to produce wire differently. [03:55] SPEAKER_00: I mean, you grew up with a dad who was an entrepreneur [03:59] SPEAKER_00: and immigrant, not an uncommon story on Canada's podcast. [04:04] SPEAKER_00: But, I mean, you think we wire differently. [04:07] SPEAKER_00: I mean, do you have friends that are in corporate life and [04:11] SPEAKER_00: do you see yourself as a little bit sort of different than that? [04:18] SPEAKER_01: You know, I do and I don't. [04:21] SPEAKER_01: I do think that some people are just born or predestined [04:26] SPEAKER_01: to kind of chase the entrepreneurial spirit. [04:29] SPEAKER_01: I know myself. [04:30] SPEAKER_01: I just always knew that I wanted to do what I wanted to do just for myself. [04:33] SPEAKER_01: I want to do a brought me joy, not because I had to do it, [04:37] SPEAKER_01: not because someone told me to and that's what I knew I wanted. [04:40] SPEAKER_01: I've always been, I guess I've been a bit of a person who's questioned [04:45] SPEAKER_01: authority or questioned the status quo always. [04:47] SPEAKER_01: So, I've always had that vision of how do I do things different [04:50] SPEAKER_01: or better or why it doesn't have to be this way. [04:52] SPEAKER_01: But on the other hand, I do think some people just, you know, [04:54] SPEAKER_01: that develops over time and they say, you know, [04:56] SPEAKER_01: I don't like doing things the way it's always been done. [04:59] SPEAKER_01: I think I can do it better. [05:01] SPEAKER_01: For myself, I think I was born with this mindset. [05:04] SPEAKER_01: And I think that it was born within my DNA and it's been cultivated over the years. [05:09] SPEAKER_01: But I also do think some people, some people develop it. [05:12] SPEAKER_01: They just at some point in their life, they say, you know what, [05:14] SPEAKER_01: I've had enough of the corporate structure [05:18] SPEAKER_01: or just following the status quo, I'm going to do my own thing. [05:21] SPEAKER_01: So, I do think it can be learned. [05:24] SPEAKER_00: So, just with cast and what you're doing now, [05:28] SPEAKER_00: it's a bit different than the family business. [05:32] SPEAKER_00: So, I mean, duh. [05:34] SPEAKER_01: How did you get into that? [05:37] SPEAKER_01: Very different. [05:38] SPEAKER_01: It's by myself and my two best friends, co-founders, [05:43] SPEAKER_01: Ricky Leody and Dave Benwatt. [05:47] SPEAKER_01: For a long time, we've been a very, as guys, [05:50] SPEAKER_01: we debate a lot of stuff and we can be very opinionated. [05:54] SPEAKER_01: One day, we just, you know, we keep, we have our thoughts [05:57] SPEAKER_01: and we study sharing them and say, you know, [05:59] SPEAKER_01: there's no, there's nowhere that online that kind of [06:03] SPEAKER_01: assembles all these different points of views, [06:06] SPEAKER_01: these different debates on trending topics, these different perspectives. [06:10] SPEAKER_01: You know, we started finding that media, social media, [06:13] SPEAKER_01: portrays one side of the argument, not often the other. [06:17] SPEAKER_01: It's the loudest voice gets amplified. [06:20] SPEAKER_01: These sort of things. [06:21] SPEAKER_01: And then we started seeing, you know, with the news as well, [06:23] SPEAKER_01: that they kind of have that clickbait, if you will now. [06:26] SPEAKER_01: And they promote kind of what fits their narrative. [06:28] SPEAKER_01: And we just said, you know, there's not, it seems like objectivity is leaving the media. [06:32] SPEAKER_01: And kind of that, not just objectivity, but transparency, all those things. [06:36] SPEAKER_01: And we said, you know, that's not right. [06:38] SPEAKER_01: It shouldn't, the media is journalism, [06:40] SPEAKER_01: it's supposed to have integrity and kind of a code where they serve you the facts [06:44] SPEAKER_01: and let you formulate your own opinion. [06:47] SPEAKER_01: And we just started seeing that if that's not the case, [06:49] SPEAKER_01: it seems like there's an agenda and a narrative, [06:52] SPEAKER_01: whether it's on social media, in the media, [06:55] SPEAKER_01: where every day life, wherever it is. [06:56] SPEAKER_01: We said, there's got to be a way to solve this. [06:58] SPEAKER_01: We need, you know, we should be letting people think for themselves, you know, [07:02] SPEAKER_01: independent thought and critical thinking is super important. [07:05] SPEAKER_01: It's how people become entrepreneurs and want to pursue their own ambitions, [07:08] SPEAKER_01: being told what to do doesn't cultivate that. [07:11] SPEAKER_01: So we said, you know what, let's, let's try and hash this idea out and see if we can create a [07:16] SPEAKER_01: platform that allows people to weigh into a topic and share their unique diverse objective thought, [07:22] SPEAKER_01: not being skewed by external forces. [07:24] SPEAKER_01: And let's give people a place where we aggregate the information and then they can see [07:29] SPEAKER_01: it interpreted as they will. [07:31] SPEAKER_01: And that's kind of how cash came about and a lot more to it obviously, but yeah, [07:35] SPEAKER_01: that's what we wanted to do, just bring objectivity, transparency, [07:37] Speaker UNKNOWN: balance, and so on. [07:39] SPEAKER_00: A bit like our side of things have turned to objectivity, [07:43] SPEAKER_00: don't have to put nourish it and doing that. [07:45] SPEAKER_00: So, you know, what, you know, what's the greatest challenge [07:50] SPEAKER_00: to starting up like like you are? [07:53] SPEAKER_00: You know, I know this is not going to count the family business, [07:57] SPEAKER_00: you kind of rolled into that sort of. [08:00] SPEAKER_00: So what's the greatest challenge you've faced, you know, [08:04] SPEAKER_00: starting up this new business? [08:07] SPEAKER_01: The greatest challenge I think, with any business, whether you're pursuing something you know [08:11] SPEAKER_01: already or something, you've never pursued it as we did, I think the fear of the unknown is [08:16] SPEAKER_01: always scary. You know, everybody, myself included, you know, you always think you have a million [08:23] SPEAKER_01: dollar, a billion dollar, whatever, idea on your hands. [08:25] SPEAKER_01: And you know, your close circle says, you know, this is a great idea, it's horrific, [08:30] SPEAKER_01: but there's always that unknown is that what I think is that what most people think [08:35] SPEAKER_01: and most people want, and my is my thought unique and this is only a problem for me. [08:39] SPEAKER_01: So I think taking that first step and saying, you know what, I'm going to, you know, [08:43] SPEAKER_01: risk it, I'm going to leave my career, I'm going to put all this behind me and take a, [08:46] SPEAKER_01: take a leap of faith and hope that my idea is a sound and as in demand as I believe it is, [08:52] SPEAKER_01: to me, that's kind of the biggest thing. I mean, starting a business hard in general, like, you know, [08:57] SPEAKER_01: doing all the legwork of, you know, incorporating, like getting the legal work done, hiring people, [09:02] SPEAKER_01: all that stuff is tough for myself with my background, you know, in the family business and [09:06] SPEAKER_01: working well, you know, essentially running the operations. That stuff was easier for me, [09:11] SPEAKER_01: but yeah, taking the leap, I think, is always the hardest because you just never know what's [09:16] SPEAKER_00: going to happen every day is kind of learning. Today's podcast is brought to you by the cooperators. [09:23] SPEAKER_00: You can count on them to support you and your business with a full range of insurance cover [09:28] SPEAKER_00: adoptions. The products provide the flexibility you want with the protection you expect. [09:34] SPEAKER_00: To find a cooperator's advice in there, you visit cooperators.ca. [09:41] SPEAKER_00: But you're starting a business in the pandemic. I mean, [09:44] SPEAKER_00: isn't that kind of crazy? Well, I mean, I mean, just, just thinking, you know, [09:49] SPEAKER_01: yeah, no, you're not wrong. I mean, there's a lot of uncertainty and, you know, when starting [09:55] SPEAKER_01: a business, like I said, you're taking a leap of faith, which is one scary in and of itself, [09:59] SPEAKER_01: and in normal times, statistically speaking, businesses don't have like new businesses don't have [10:05] SPEAKER_01: a very high success rate. I mean, I think it's, you know, out of the gate, a lot of businesses [10:08] SPEAKER_01: fail just by nature and the statistics outline that going into the tech space, it's even more [10:13] SPEAKER_01: competitive, but not only that, we're doing all of this with uncertainty of a pandemic. So it's [10:18] SPEAKER_01: like we're trying to, you know, we're jumping on to a floating iceberg and we don't know if it's [10:22] SPEAKER_01: going to keep floating along or this was going to go collapse and keep moving like it's very dynamic [10:27] SPEAKER_01: or situation. And, you know, we're just doing our best to kind of mitigate risk and make calculated [10:32] SPEAKER_01: decisions as we move with the facts that we have in hand. So, I mean, it's risky. It definitely is, [10:37] SPEAKER_01: but I guess they say, you know, no risk, no reward. On the on the mentoring side, and it sounds like [10:43] SPEAKER_00: your dad has been pretty good mentor to you. You know, what's that? What's the best piece of advice [10:49] SPEAKER_00: that you've been given that you use constantly? Oh, that's a good one. I know, I mean, I've got [10:58] SPEAKER_00: something that I carry around with me that actually my dad gave me and it's interesting because [11:06] SPEAKER_00: that is one of those nice, nice questions because we don't all have the same answer. Yeah, [11:13] SPEAKER_01: no, it's a really good question. You know, I got to give my dad, you know, Chris Asshado, he's [11:20] SPEAKER_01: giving me a lot of advice. He likes to tell me that I don't listen enough. I think that I think that [11:25] SPEAKER_01: I would listen to father. And I don't think I would be here and able to stand in this position [11:31] SPEAKER_01: comfortably, giving an entrepreneur advice if I didn't hear the words that he shared with me. [11:37] SPEAKER_01: You know, I think the biggest thing was that just don't have a fear of failure, especially he told me [11:43] SPEAKER_01: when I'm young, you know, I'm a 30 something and I'm actually 30. But you said, you know, you don't [11:49] SPEAKER_01: have a, you know, you don't have a family, you don't have kids, you know, you can be a little bit [11:54] SPEAKER_01: riskier. Don't be scared to fail, but also have, you know, be calculated. Don't just, you know, [11:59] SPEAKER_01: throw all your money on red and hope that the wheel lands on red, right? You know, mitigate risk [12:04] SPEAKER_01: a little and, and, and hedge your bets, but also don't be scared to fail. I mean, when you're young, [12:09] SPEAKER_01: you can be a little more resilient and bounce back and failure is not something to be scared of. [12:13] SPEAKER_01: You're gonna, you're gonna fall down a lot and it's not about not falling down 99 times. It's [12:18] SPEAKER_01: about the one time you get back up and you say, okay, you got to figure it out. Let me, let me work [12:21] SPEAKER_01: on this one and then they move forward with this. So I would say he told me just don't be scared. [12:26] SPEAKER_01: Take, take, you know, take chances. Don't be scared to fail. [12:30] SPEAKER_00: So just some quick questions that they ask everybody almost. Are you a morning or a night person? [12:38] SPEAKER_01: It varies. Right now. So I, in the summertime when the sun's up nice and early, [12:43] SPEAKER_01: I can get up at the crack of dawn and without an alarm and I'm ready to go and I actually love [12:47] SPEAKER_01: getting my day started early. Winter now, I mean, you know what, what, what, uh, the Canadian [12:52] SPEAKER_01: winters are like. So a little bit tougher and I typically work a little better into the night. [12:56] SPEAKER_00: Overall, I'll say a morning person. If you had to pick one word to describe yourself, [13:02] SPEAKER_01: what would it be? And why? One word to describe myself, thoughtful maybe? That's, I mean, kind of a [13:10] SPEAKER_01: self, not, kind of praise myself, but I just, I don't want to say contrarian because I think [13:15] SPEAKER_01: that's used to loosely. I just think that I really like, I, whether it's good or bad, I tend to [13:20] SPEAKER_01: think about things a lot and sometimes overthink, but, no, yeah, I think thought, I think it's like [13:25] SPEAKER_01: the think about every situation that plays itself out, but thinking about people, how my decisions, [13:30] SPEAKER_01: you know, as the, as the founder and the CEO will impact others, will impact employees, [13:35] SPEAKER_01: colleagues, investors that are users. I think it's, you always have to be very thoughtful and mindful [13:40] SPEAKER_01: of how your actions impact other people. And yeah, I just like to think about things a lot. I kind [13:46] SPEAKER_01: of kind of go off in these tangents. So I guess that's how I describe myself. What's keeping up at night? [13:52] SPEAKER_01: What's keeping me up at night? You know, honestly, not to get into it, but just with the state of the [14:00] SPEAKER_01: world right now, it's interesting because there's no, it seems like there's no rhyme or reason, [14:05] SPEAKER_01: there's no common denominator with any decision made. So I just always, you know, thinking we're just [14:09] SPEAKER_01: kind of chasing a moving target. And we don't know where the end and the finish line is. [14:14] SPEAKER_01: A very unfortunate situation ran from a health perspective, a global health perspective, but [14:19] SPEAKER_01: keeps me up because I also, I'm someone also because I like to think a lot. I like to know where [14:23] SPEAKER_01: the finish line is. I like to know what I'm chasing for the most part. And right now it's [14:28] SPEAKER_01: unprecedented times. You don't know. We don't know what rotation exactly. So that kind of keeps me up. [14:34] SPEAKER_00: I don't know if you're a book reader or a podcast listener or whatever, but, you know, [14:39] SPEAKER_00: what book are you reading, what podcast do you listen to? You know, and what would you recommend to, [14:46] SPEAKER_00: you know, are kind of entrepreneurial audience? [14:51] SPEAKER_01: Good question. I do, I am an avid reader. I listen to podcasts a lot. I'll start with that. [14:57] SPEAKER_01: Podcast, naturally, I am a fan of the Joe Rogan podcast because I like how he gives everybody [15:02] SPEAKER_01: a platform to speak, whether he agrees or disagrees with them. He's kind of just, you know, [15:06] SPEAKER_01: an objective listener. His I like a lot from a reading perspective. Right now, I am reading two books. [15:14] SPEAKER_01: I am reading the letters from Seneca on stoicism, which is about stoicism. And I just recently read [15:21] SPEAKER_01: meditations by Marcus Aurelius. So I really enjoy reading on stone reading about stoicism because I [15:26] SPEAKER_01: think a lot of the principles are still really relevant today. How to keep yourself kind of grounded [15:31] SPEAKER_01: and just level headed. Favorite book that I will recommend. I don't know if my favorite, but one [15:36] SPEAKER_01: that really resonated with me was Freakonomics by Steven Levin. Steven Dubner. I read the [15:44] SPEAKER_01: grade 12, my last year of high school. And that taught me one thing that stuck with me to this day. [15:50] SPEAKER_01: And it just basically said that correlation is not always equal causation, meaning that sometimes [15:56] SPEAKER_01: there's more to a scenario than you can, like, you can observe. And just really question, does [16:02] SPEAKER_01: X really equal Y or is there something you're missing that could also be a factor? And that's stuck [16:06] SPEAKER_01: with me through my business endeavors and entrepreneurial spirit. In this, like, some about 24 [16:15] SPEAKER_00: connected world that we're in, I mean, it's just accelerated in the last 12 months. How do you [16:21] SPEAKER_01: disconnect? It's really, really tough. And I actually, right before, kind of before we started [16:29] SPEAKER_01: getting ready, getting ready to launch cast, we got the company kind of off the ground in August. [16:35] SPEAKER_01: Before that, I would just, I would turn my phone off and I would, you know, pick up, excuse me, [16:39] SPEAKER_01: pick up my Kindle or a book and just read for a couple hours a night. And that to me calm [16:43] SPEAKER_01: down. And it was the world of the noise stopped. Unfortunately, that I don't have that luxury anymore [16:49] SPEAKER_01: because cast is a social media app. And, you know, I naturally have to be either connected, [16:55] SPEAKER_01: running the business day to day business operations or at night on the app, seeing how you [16:59] SPEAKER_01: use their interacting with it. So I wish I could say, could this connect? I try to meditate a little [17:04] SPEAKER_01: bit, 10, 15 minutes a day to kind of clear my head. But it's tougher now than it was earlier in [17:10] SPEAKER_00: the pandemic. Okay. I think we're coming to the end of it, George, but it's been some good [17:17] SPEAKER_00: observations for me. I always ask how people can get a hold of you because, you know, people listen, [17:24] SPEAKER_00: you know, have questions. So not at me, generally, of the person I've interviewed. How could people [17:31] SPEAKER_01: get a hold of you? So the best way to get a hold of me is either on Instagram. My username is [17:38] SPEAKER_01: at bootsalis.botsa.lis. You can find me on LinkedIn. I am very active. I'm LinkedIn. [17:45] SPEAKER_01: Connect with me. You can drop me a message there. My emails on there as well. And I guess [17:52] SPEAKER_01: I one thing I like to tell everybody is I mean, if any questions, any advice, anything at all, [17:57] SPEAKER_01: if someone's just just chat, say hello, I'm a very open book. I'm an open communicator. And I love [18:02] SPEAKER_01: you know, talking and communicating with new people. So feel free to drop me a message anywhere, [18:06] SPEAKER_00: and we can have a chat. Okay, George. Well, thanks very much for, you know, letting us [18:12] SPEAKER_00: inside your story a little bit and appreciate you coming on to Canada's podcast. [18:16] SPEAKER_01: Of course, pleasure. Thank you for really appreciate the time. And yeah, thanks for having me. [18:21] SPEAKER_00: It's been fun. Today's podcast was brought to you by the cooperators, business and [18:26] SPEAKER_00: children's. Their head out, make sure you and your business are protected today and into the [18:32] SPEAKER_00: future. Visit carbreakers.ca to find a local advisor today.
