Every setback is an opportunity in disguise.
Csaba Bundik is a seasoned entrepreneur and business advisor with more than 20 years of experience in management, entrepreneurship, and innovation. His journey is a testament to the power of resilience and strategic thinking. He shares gripping anecdotes from his own experiences, which reveal how he not only overcame setbacks, but transformed them into launching pads for achievement.
Dr. Ramesh and Csaba discuss the pivotal moments that defined his entrepreneurial path, unveiling the thought processes that empowered him to navigate uncertainties, envision the bigger picture and hatch business opportunities, all while leading teams with confidence.
Their insights act as guiding posts for you to cultivate resilience and embrace an entrepreneurial mindset. Get ready to be inspired as you gain practical strategies to conquer challenges, fuel innovation, and stay on course towards your goals. Remember, setbacks are just detours on the road to success!
Top 5 Takeaways from this Podcast:
Host: Dr. Ramesh Ramachandra, Author, Podcast Host, Founder of Talent Leadership Crucible & Founder of Impact Velocity
Guest Speaker: Csaba Bundik (Vietnam), Founder of TENJIN AI, CEO of CETA Consulting, EIC Accelerator, European Innovation Council's Jury member, Mentor at Founder Institute
Every setback is an opportunity in disguise.
Csaba Bundik is a seasoned entrepreneur and business advisor with more than 20 years of experience in management, entrepreneurship, and innovation. His journey is a testament to the power of resilience and strategic thinking. He shares gripping anecdotes from his own experiences, which reveal how he not only overcame setbacks, but transformed them into launching pads for achievement.
Dr. Ramesh and Csaba discuss the pivotal moments that defined his entrepreneurial path, unveiling the thought processes that empowered him to navigate uncertainties, envision the bigger picture and hatch business opportunities, all while leading teams with confidence.
Their insights act as guiding posts for you to cultivate resilience and embrace an entrepreneurial mindset. Get ready to be inspired as you gain practical strategies to conquer challenges, fuel innovation, and stay on course towards your goals. Remember, setbacks are just detours on the road to success!
Top 5 Takeaways from this Podcast:
Host: Dr. Ramesh Ramachandra, Author, Podcast Host, Founder of Talent Leadership Crucible & Founder of Impact Velocity
Guest Speaker: Csaba Bundik (Vietnam), Founder of TENJIN AI, CEO of CETA Consulting, EIC Accelerator, European Innovation Council's Jury member, Mentor at Founder Institute
To learn more about the entrepreneurial mindset with Dr. Ramesh, get your copy of The Big Jump into Entrepreneurship 2.0 on Amazon.com or www.Dr-Ramesh.com.
If you're interested in building crisis resilience, Dr. Ramesh will be launching her new book on the crisis ready mindset - Make sure you follow Dr. Ramesh on LinkedIn so that you’ll get her new book alert!
Host: Dr. Ramesh Ramachandra, Author, Podcast Host, Founder of Talent Leadership Crucible & Founder of Impact Velocity
Guest Speaker: Csaba Bundik (Vietnam), Founder of TENJIN AI, CEO of CETA Consulting, EIC Accelerator, European Innovation Council's Jury member, Mentor at Founder Institute
#EntrepreneurialMindset #Entrepreneurship #Hungary #Vietnam #CsabaBundik #Dr.RameshRamachandra #TheBigJumpintoEntrepreneurship2.0 #CrisisReadyMindset #TalentLeadershipCrucible #ImpactVelocity #Thriving #AgeofDisruption #EICAccelerator #VentureCapital #TENJINAI #CETA
Ho Lai Yun 00:00
Welcome to the Thriving in the Age of Disruption podcast. Today, Dr. Ramesh chats with Csaba Bundik, a seasoned entrepreneur and business advisor with more than 20 years of experience in management, entrepreneurship, and innovation. Csaba’s journey is a testament to the power of resilience and strategic thinking. He shares gripping anecdotes from his own experiences, which reveal how he not only overcame setbacks, but transformed them into launching pads for achievement.
Dr. Ramesh and Csaba discuss the pivotal moments that defined his entrepreneurial path, unveiling the thought processes that empowered him to navigate uncertainties, envision the bigger picture and hatch business opportunities, all while leading teams with confidence.
Tune in to dive deeper into their invaluable insights and embark on a transformative journey toward building an entrepreneurial mindset that thrives in the face of adversity. Remember, setbacks are just detours on the road to success!
Dr. Ramesh Ramachandra
Welcome to the Thriving in the Age of Disruption podcast series, Csaba. We're excited to hear from you.
Csaba Budnik
Thank you for the invitation. Indeed, I have been in Vietnam for 15 years now. I used to be an entrepreneur, with a little bit of IPO experience. I used to be an incubator manager, studied venture capital and business incubation in Germany, in the US; There was a program in Hungary before I came to Vietnam, a for-profit business incubator.
Dr. Ramesh Ramachandra
You have a very interesting background, especially having worked in Vietnam for so many years.
Csaba Budnik
15 years ago, I defended my MBA thesis in early July, and two weeks later, I found myself in Vietnam. I inherited a rep office, and I see my colleagues are sleeping during the day, playing cards. So, I told myself, “Maybe I have an MBA from Germany, which sounds fancy, but I have to start to learn things from the beginning”. I did a couple of things here in Vietnam. I used to run the European Chamber of Commerce. These days, I do three main things. I’m a member of the investment board of the largest deep tech fund of Europe. It’s called European Innovation Council's Accelerator; It belongs to the European Union.
Csaba Budnik
Time to time, I have some ideas, I want to solve problems, and I can see things differently from most other people. For example, the Chamber, a few years ago, I've seen that there is a need, nobody's doing things, so “Okay, so let me do that”. And then, it’s a successful Chamber. This is normally the personal motivation behind my activities. The newest brainchild is helping students. First, Vietnamese students to learn how to get a scholarship abroad because it's not obvious. It was based on my own journey is like when I was like much younger, wanted to study abroad, there was like no information available. So it took me three years to crack the system, understand what to do, how to write the motivation letter, how to go through an interview. In the last few years, I helped many Vietnamese, young, smart, competitive people to get scholarship all around the world. And we team up with some great people because we thought that the impact can be bigger. If we set up some trainings, a platform, have the people to use AI, find the best match between the students and the universities. There are students, they cannot afford, so we would like to help them to understand how to get a scholarship, how to get prepared, write motivation letter, write essays. Especially, the weakness of the Vietnamese student, is the personal interview, both at the scholarship level and at the embassy level when they are going for the visa interview. Our success rate is pretty good. So that's the newest brainchild
Dr. Ramesh Ramachandra
You've taken your skills in venture building, and you are now creating futures through education.
Csaba Budnik
Yes, try to optimise the impact to save time, try to make it more fair, even affordable. Even if they just go through the training, there will be hundreds and thousands of people, they will have a chance to study abroad. Without this, they will have the same journey like I do, spend years trying, learning and trying again. Especially here in Vietnam, where failure is not really welcomed by the society. It not really easy to go around and tell your stakeholders and friends and family, “Yeah, I tried again. Yes, third time, and I'm still not there yet.”
Dr. Ramesh Ramachandra
This is something that we're also very excited to be doing in Impact Velocity. There are many social issues, but not enough is being done to deal with that. It's like there are two extremes, one extreme is very much focused on the social issue, but they don't know how to make it into a sustainable business. And then, on the other hand, there are the hardcore businesses. And if only they could use their platform or their thinking to also put the social impact inside, right? If the two came together, then it'll be a lot more sustainable.
Dr. Ramesh Ramachandra
Tell us a little bit about your personal life.
Csaba Budnik
Oh, I have a beautiful ten year old daughter. We speak Hungarian. Her first language is English because the family language is English because my Vietnamese is still limited. Her mom is Vietnamese. So, the second language is, because of the school, Vietnamese. And the third one is Hungarian, which is not easy always, to stick to Hungarian. So, we have an agreement with my daughter. It's very special agreement. Before noon. I understand English. Afternoon, interestingly, I understand only Hungary. A little bit of flexibility, so if something is urgent, is dangerous, of course, use whatever language you want. I'm very proud she speaks Hungarian very well.
Dr. Ramesh Ramachandra
Excellent, you have cracked the code there with incentivising your daughter to learn three languages.
Dr. Ramesh Ramachandra
I feel that in this age of disruption, there are two essential mindsets that we need to have. One is an entrepreneurial mindset. And the second is a crisis-ready mindset. Now you're someone who's been an entrepreneur, works with entrepreneurs, and is constantly thinking about ideas that can be made into businesses.
But there is a big difference between an entrepreneurial mindset and being an entrepreneur. Because in an entrepreneurial mindset, you're someone who is being resourceful, you are able to take risks and deal with uncertainty as well as maybe create value, which is not just financial, but also value for people who are around you. Even if people don't become entrepreneurs and start and run a business, they can definitely develop an entrepreneurial mindset and use that effectively in their lives. You’ve demonstrated that well before you became an entrepreneur, for that scholarship. Because you were being resourceful, you will you were not going to be stopped by having failed the first time. You were going to try the second time and the third time, until you got it. So, what do you think is missing or works in Vietnam about entrepreneurial mindset and entrepreneurship, as well as your own journey?
Csaba Budnik
That's a very good and very deep question. Because while we are talking about these issues, things are changing. And the situation is completely different. I can give you an example, we used to run the largest startup event in Vietnam. It’s called HATCH! Fair, started in 2013. We were in the basement of Indochina Plaza before it was officially opened, because that was the only place we could afford, and they could host us. It was very difficult to handpick the first, like 200 people and invite them like one by one. And it was 2013. 2019, if I'm not mistaken, before COVID, we had more seed investment in Vietnam then in Singapore; The changes in this country is amazing. There is a lot of very smart Vietnamese people. They will go abroad, they study in UK, US. They are under the influence of entrepreneurship and startups and big stories. And now, here in Vietnam, the unicorns, and they're coming back, and the Vietnamese dream has changed. So when I came over 15 years ago, the Vietnamese dream was to find a job, go to the bank, work for a multinational company or work for the state because it's very stable. If you see what is the Vietnamese dream now, they want to be rich, and entrepreneurship is helping them. But they just see one side of entrepreneurship. They just see the success story. They just see that once they are successful, they will be very rich. So, the the society will treat them well. But they just can't see yet, because the schools and the business books are not teaching them well about the whole picture. Because everything comes at a cost – Nights, mental health, physical health, family relations, and so on. So, there are a lot of things to sacrifice before, even if somebody is lucky enough, you get successful, so they can't see the full picture. So how to use entrepreneurship in their life? So, if you don't take any risk in your whole life, then you will be in the same level. If you are okay with that, then there is nothing wrong, because entrepreneurship is not for everyone. There should be a certain kind of mindset, to adapt to risk, and we should have this kind of “Never Give Up” type of attitude. And we have to start again, because it's part of it. Failure is not like something to avoid. It's just a part of it. I'm telling young wannabe entrepreneurs, students, “Go to the internet and count how many rockets that SpaceX, they blew, visually, in front of whole world, right?” It's a failure, or maybe not, because they keep telling that they got a lot of data, which eventually when they are successful, is true. In the middle, it’s just communication. But this is the kind of mindset we need, “Okay, you screw up things, fine. That's okay. Just learn and don't do the same mistake again”. One of the best teaching I learned in Germany is the very direct way of communication; Our professor who was running the business school told us that, “Listen guys, you should make a mistake, it's fine. If you make the same mistake, again, you are stupid, because you were not able to learn from your own mistake.” That is very right. The type of communication, of course, is too direct for Vietnamese culture, but the message is clear, “Just learn from your mistake and do it better”.
Dr. Ramesh Ramachandra
An entrepreneurial mindset can be applied in daily life. The attitude of “never give up, don't be stopped, and that failure is part of the journey”, but at least make sure that you learn and don't make the same mistake again.
Dr. Ramesh Ramachandra
I define crisis as a setback or a failure. Most people, at a time of setback or failure, they would give up or freeze and not go further. But then some people actually can move ahead and make decisions and turn around. In your own experience, how have you dealt with a crisis and what has supported you to be effective in dealing with crisis?
Csaba Budnik
I have two favourite examples about that - The financial crisis in 2008, all of our businesses activities were heavily influenced. I was that time more in Europe than in Vietnam. So, in 2010, and we team up with two, like literally, genius people, members of the Mensa group, and come up with a flexible investment strategy. How to be reactive, if the financial markets are changing, because the situation was there like, there're different funds, they have the thesis, they have the strategy, and this cannot be changed for five years. What if we come up with something more flexible? If some macro data are changing, we invest differently, so we are very reactive. Then in 2011, we set up a company for that. In 2013, because our strategy was a crisis-proof investment strategy, it was just shortly after the financial crisis, so we managed the only IPO in Hungary in that year. So even the newspapers, they said that, “Oh okay, the first company after the financial crisis coming back to the stock exchanges”. How great is that? There are always some kind of new opportunities in a crisis. And if you are more creative than the others, it creates some kind of niche market or blue ocean for you; If you can figure out something earlier than the competitors, then it helps you, and the crisis are always like cleaning up the market. Those who are not as lucky as you are, or not as flexible, not as ready, they will not be players in the market anymore. And you are there in a bigger market; A recent crisis is the same. So that was the COVID and almost all my projects have closed.
Csaba Budnik
One of my favorite projects that time we wanted to open a co-working space and business incubator in Hoi An. Brand new building, opened the F&B part, and COVID came. My colleagues were asking me like, “Okay, Csaba, what will we do? Because tourists are not coming. The other projects are not working physically, and we cannot travel. So, what we're going to do?” And we did this IPO, it was a reaction for the crisis, and we will come up with something new. And this kind of new project is the student recruitment with the new AI teaching, it’s more value than the traditional agents. How the students, they want to study abroad, but they physically cannot go. Online trainings, sure, they have a lot of issues to solve. So, based on the problem and based on the circumstances, we have to come up with something. From my point of view; being an entrepreneur and being crisis resilient is very much the same mindset. There is limited resources, there are circumstances when you try to use your resources as efficiently as you can, and it’s always changing. If it's COVID, if it's financial crises, like there’s inflation, it’s energy prices, there's always some problem, and you have to be reacting. You have to be adapting. So, it's for me, being an entrepreneur and being flexible, and react in life for the big picture that is forcing you, it’s very much the same.
Dr. Ramesh Ramachandra
I'm really inspired because I could hear that there is this mantra that you have for yourself. You have limited resources, circumstances are changing, but we can be reactive, be adaptive, and flexible. And if you say that enough times to yourself, then you become open to being able to look for that opportunity, even in a crisis, and you're never stuck, you're never going to give up. So, thank you for sharing that aspect of how you look at the crisis.
Csaba Budnik
We stuck, but we overcome. So, everyone has been there, even the best entrepreneurs. Even Elon Musk is living in his factory and sleeping three hours. He's a really successful entrepreneur, and even at his level, with his intellectual capability, with his success level, stuck is part of our journey. The question is, “How much time you get for yourself being in that period? And how quickly you can collect yourself?” It's part of it; The emotional cost of entrepreneurship is really significant.
Dr. Ramesh Ramachandra
Yes.
Csaba Budnik 15:45
We just don't talk about that. We always talk about success. Recently, we talk about failure, “Be okay with failure”. We don't go deep enough. We don't help the young entrepreneurs understand, “It’s not because you're not capable, it's not because you are a disaster. It’s just part of your journey”. Even the best of the best have the same. But the difference is, they overcome faster than the average people.
Dr. Ramesh Ramachandra
That's right, the ups and downs of entrepreneurship is something that we have to embrace and that sometimes young entrepreneurs are not aware that there are those downs, and that they have a say in how they manage that. Because if you're going to give up, or if you're not going to do anything about it, then that period becomes a long suffering, versus you get back, and you get into the game and go up again. So, wonderful! Thank you so much for actually decoding entrepreneurship for us, as well as how to deal with crises. And I think you're right; Entrepreneurs have first-hand experience in dealing with crisis on a day-to-day basis because maybe things don't go according to plan for them.
Dr. Ramesh Ramachandra
Where are you in your spiritual journey? And what is spirituality for you?
Csaba Budnik
I was raised under the European culture, and they always are very much open for different Asian cultures from my childhood. So from my very early age, I think I was like five years old when I heard the word Dalai Lama in the radio. And since that moment, I was very much interested in the Asian cultures. So it was like the 80s the internet; I had to go to the library, read everything I could find about Japan, China, India, practice a little bit martial arts. And my first attempt tried to go to Japan; I was practising kendo Japanese for a long time. Yeah, I found myself in Vietnam 15 years ago. To be able to even just stay here, not to mention being successful in this country, you have to be flexible, open up to understand the culture. Whare are the differences, starting with the very obvious, very basic tourist level. There is a logic. So why people in the situation act different? There should be a good reason. And it comes with culture, with life. How Vietnamese people, Asian people raise their kids? And it comes with spirituality as well. You see how Vietnamese people are praising the ancestors, then there is Buddhism, right? Currently, spiritually and culturally, I’m somewhere in between the two cultures. Because I'm a foreigner, I will not be Vietnamese, right?
Csaba Budnik
But I have been in Asia for quite a long time. I'm not like 100 percent European anymore. I go to Brussels, listen to the presentation, best of the best projects from Europe. Because we give them a lot of money for the best of the project, therefore, the competition is very high. And I see my fellow jury members, how hard they are, and just killing the startups. Oh my God, why are you so cruel? When I'm back to Vietnam, listening to startups, I'm still very harsh on them. And much more soft, than like few years ago.
Csaba Budnik
In terms of spiritually, one thing is getting stronger. Comes probably comes with age is reflecting back to the startup some more and more interested in other ventures I would like to create is being useful and helping others. It’s getting more important for me to set up a system that can be self-run without me, solving problems and making an impact. What I'm trying to do and demonstrate is how to use entrepreneurship to solve some kind of social problems, in a sustainable and even profitable way. There are a lot of issues we try to solve in a charity or based on donation which could be based on business logic. There is a value. Somebody is willing to pay for that, and it can be self-run. And this is what I built more and more, gravitating to - business in the social impact field because there is a trap. There are kind and nice social people, they have to think business, which is very difficult, and it's sometimes much easier to help hardcore business people to find the right balance between making money and being useful. This is what I tried to demonstrate with projects. And I would like to repeat with a couple of other things in the near future. This is where I can see the changes in my spiritual journey and how it impacts my daily life, my decisions and my orientation.
Dr. Ramesh Ramachandra
Well, that's really profound how you've connected to this aspect of your purpose of being useful, that in leveraging on your strengths, creating the system, solving a social problem and creating impact through that; Also as a demonstration for others to follow.
Csaba Budnik
One of the issues is the upcoming challenge of AI. Currently; I think nobody really can honestly tell what will happen in five or ten years, can be very good, can be very bad. But there are a couple of practical questions, “Okay, how to prepare my kid for the future? What job should I orientate my kids to?” And there is no good answer. Probably the best reasonable answer I recently heard was an interview with Elon Musk; He said - To be useful for society. That is not replaceable. There will be people, there will be problems, and AI will not be able to solve that. Be useful for society. So, this logic is like even helping to have some kind of orientation. Ideally, because going back to our original topics, like the uncertainties and how to react to changes in a crisis, AI will change a lot of things. You see, in Vietnam in one year, how many new services popped up out of the blue using Chat GPT? A year ago, nobody in Vietnam was really talking about that, then it was like a bombshell, and Vietnamese people are very good in finding business opportunities. Just the beginning, who is replaceable, who is not? There are a lot of things that will be replaced by AI. Human to human interaction will not be.
Dr. Ramesh Ramachandra
It’s an area of concern for us. And so, we pick the three commitments, and one was the commitment to People Development, and how, as human beings, we can understand the systems’ view and how we're interconnected and interrelated, and also the impact of unintended consequences. And the second one was to look at Planet Renewal. And the third was about Prosperity Sharing. And I think Prosperity Sharing is a big area from the youth to those who are ageing, to also many social issues. So how do we actually bring all three together is an area that we are concerned about at Impact Velocity. And I know you've got some great ideas, and you had at some point worked with UNDP as well, here in Vietnam, right?
Csaba Budnik
UNDP Social Incubator.
Dr. Ramesh Ramachandra
Social innovation labs. Yeah, that's right.
Dr. Ramesh Ramachandra
Do you think it's possible for us to live a simple life?
Csaba Budnik
I think it's more than possible. It’s necessary. Because look at the big numbers, we over consume the resources, right? So, we don't have enough, even just raw materials. Imagine that buying the car in Vietnam costs like three times more than in Europe, because of the tax. Why is that? Because if the people could buy cars easier than it is now, you will not be able to go from one part to the other in the city, because there will be huge traffic jam. You can't ask people like, “Don't consume more”. Why is that? Because the whole society is saying that the others are more successful and you are a loser. And in Southeast Asia, you need the status symbols because this is how the others will talk about you. It makes an impact on you, your wife, your father-in-law. How the young Vietnamese get questions from the distant relatives about, “You finished university yet? Okay, fine. You have the boyfriend, the husband, and now why not? What is wrong with you?” So, I don't have to tell you how much pressure on people in this country. Are we being successful? Being rich? Have the house, the car, whatsoever? So how to tell people to have a simple life? That's a very good question because we have to have some kind of reasonable consumption. We can't take the prosperity from people. So, if people can't feel that they live better than five years ago, it comes with some mental issues, right? They will not feel good.
Csaba Budnik
Because society will not treat them well. How to find the balance between feeling that “I'm just more successful than five years ago” and not over consume the resources we have, that's probably one of the biggest questions for mankind in these years, because somebody has to, but we can’t tell people like okay, “Don't change your mobile phone”. The whole economy's telling them, especially the consumerism. People have their own problems. Even buying something helps them to have some few minutes of feeling good. “Okay, at least I could buy these. So maybe my life is difficult, maybe my husband difficult, maybe my work is difficult, mother in law or whatever, at least I have few minutes of peace of mind because I can buy these new clothes.” Yes, I really need that. Maybe not. So, how to find the balance, between individual progress and not over-consume things that I don't need; I don't have a solution for it. But I'm thinking about these two things that are missing in the business, management books. So, these books were written based on one concept - How to allocate the resources, like you have limited resources, and how to allocate your money.
Csaba Budnik
In the books, we’re not talking about two things - Health and time. How to have a quality life, not only when you are too old, and you have a lot of money. Now you can travel, but find the balance between chasing money, being rich, successful and have a reasonable life. So, not working 20 hours per day, sometimes as entrepreneurs, we have to, by the way. But the long term, we can't do that because there will be no life. Even like Warren Buffett is telling that he could buy everything physically in this world, but he can't buy time. Once you reach a certain level of the maturity of the company, have a bit of balance, not chase the unicorns. That’s one of my favourite topics here in Vietnam. There should be a balance between your individual progress, the company progress, your own lives, and time, how you spend it. So like, time and health is coming hand-in-hand.
Dr. Ramesh Ramachandra
Wow, awesome. I really love that, finding the balance between individual prosperity and consumption, because a lot of how we consume is maybe not just for ourselves, but it is partly to keep up with the Joneses. And it's partly about societal pressure. But can we have the courage really to consume what we need? And not what we want.
Dr. Ramesh Ramachandra
And so if you have to define thriving?
Csaba Budnik
Find the meaningful life. Work on that, because it's not just like, you make a decision, and you are there. So, it's finding the balance between the spiritual and the physical part of life, including money, of course, which is very important. Find the right balance between the different levels and different aspects of different layers of life.
Dr. Ramesh Ramachandra
Wonderful.
Dr. Ramesh Ramachandra
We talked about Sustainability, and you reference it to “responsible consumption”. But we look at Sustainability from an individual perspective, we say it's an ongoing thriving of a living system. And what's your own view about Sustainability?
Csaba Budnik
Especially for leaders, independent organisations, especially in business, we leave things behind better than when we came. If we join a company, we are company leaders; We can fix all the issues of the company, right? But at least, we make the company better for people, for the sake of our clients, as when we inherited it. Same for Sustainability. So, we born here, right? We hopefully have a chance to find our purpose. And if we are lucky enough and we can make our efforts, we leave things behind a little bit better than we started. So immediately, we can contribute a little bit. We can't solve all the problems. It is impossible. It's out of the capacity of one human being. Everyone could do a little bit.
Dr. Ramesh Ramachandra
Exactly, but you simplified it.
Csaba Budnik
Oh, that's my superpower. I did some simplifying.
Dr. Ramesh Ramachandra
It’s really great. I've enjoyed our conversation.
Dr. Ramesh Ramachandra
What's your favourite book?
Csaba Budnik
Lord of the Rings.
Dr. Ramesh Ramachandra
Lovely. Your favourite travel destination?
Csaba Budnik
Rest of the world I've never seen.
Dr. Ramesh Ramachandra
Okay, and if you could have dinner with anyone, who would it be?
Csaba Budnik
Nikola Tesla, probably.
Dr. Ramesh Ramachandra
And what is your guilty pleasure?
Csaba Budnik
Coffee!
Dr. Ramesh Ramachandra
And the best advice that you've ever received?
Csaba Budnik
I have a big disadvantage. I can't hide my feelings and thoughts. I don't have a poker face, whatever it is on my face. The only thing I could develop over the years is not think anything about anything when something happens and that nothing is on my face, Eventually, I learned that it didn’t make any sense. Because the energy you use to hide these kinds of things, you could use it much better. And eventually, if it's who you are. So, if you don't like something, and you don't like something, or you like someone, then you like someone, that’s you! I got this advice ten years ago, so if there is like a balance between what you think, what you say, and what you do, that helps you to have a simple life. Look, I try not to lie too much because my memory is not beautiful. I can't remember what I talked to these people that people are much more simple just to be straightforward, and be open and be direct and cut the crap.
Dr. Ramesh Ramachandra
Excellent. Thank you very much. You have been open and candid, and you really share from your heart. I enjoyed our session because I think a lot of what you shared, especially about being useful and what you're doing right now in pursuing that. Thank you so much, Csaba.
Csaba Budnik
I hope to see you soon in person.
Dr. Ramesh Ramachandra
Yes. Take care. Bye
Csaba Budnik
Bye.
Ho Lai Yun
Thank you Dr. Ramesh and Csaba, for the deep dive into what makes an entrepreneurial mindset that thrives in the face of change and challenge. Whether you're a startup founder, a seasoned business owner, or someone intrigued by the entrepreneurial world, follow Dr. Ramesh now on LinkedIn, Apple Podcasts, Spotify, or your preferred podcast platform, to join in this journey toward having a powerful crisis-resilient and entrepreneurial mindset.