The Maverick Entrepreneur: Aiden Corcoran on Risk, Reward the Realities of Business IE#89

The Maverick Entrepreneur: Aiden Corcoran on Risk, Reward the Realities of Business

In this episode of the Inner Entrepreneur Podcast is a candid conversation with entrepreneur Aiden Corcoran about entrepreneurship's highs and lows of life as an entrepreneur. Aiden shares his evolution from a mechanical engineer to an inadvertent entrepreneur, culminating in his founding of multiple successful businesses, including the cosmetics company, Nyra Beauty.

From cutting lawns as a teen to navigating cash flow crises, scaling businesses, and responding rapidly to the COVID-19 crisis, Aiden offers a detailed recount of his journey. He also discusses his company's pivot to produce hand sanitizers during the pandemic, their eventual challenges, and why he and his wife Lorraine moved on to start fresh with Nira Beauty.

This episode is a treasure trove of insights, recounting the realities of scaling businesses, strategic pivots, and the resilience required to thrive as an entrepreneur.

00:00 Welcome to the Inner Entrepreneur Podcast

00:58 The Journey to Becoming an Entrepreneur 02:20 Early Entrepreneurial Experiences

06:04 Building a Business from Scratch 08:06 Challenges of Scaling a Business

17:11 Transitioning to New Ventures

31:58 Reflecting on Age and Business Longevity

32:41 Acquiring and Funding a New Business

33:37 Navigating Business Growth and Challenges

33:57 The Impact of the Pandemic 35:36 Entrepreneurial Spirit and Risk-Taking

41:43 The Sanitizer Opportunity

48:13 Post-Pandemic Business Struggles

52:44 Transition to Nira Beauty

58:27 Insights on Entrepreneurship

Nyrahbeauty.com https://www.linkedin.com/in/aidencorcoran/

Paul Ryan is an entrepreneur, 8 figure business owner, mentor, podcaster and creator of the 1-Hour CEO Mastermind. As a CEO, Paul has a depth of 'real life' experience of what it takes to be successful in business and life. Connect with the host: https://www.theonehourceo.com/ https://www.linkedin.com/in/paul-ryan-9a98774/