Business
Subscribe on MillennialMasters.Net and watch the full episode video.Peter Watson is a serial entrepreneur who’s been in the game since he was 16. Over the years, he’s built, scaled and exited businesses across multiple industries, using his knack for marketing, smart investments, and turning challenges like ADHD into superpowers. Peter’s all about embracing tech, especially AI, and helping millennials shake up traditional business models while making their own mark.Some takeaways from Peter’s interview:1️⃣ Risk-taking is essential, especially when you’re young: Take big risks before major life commitments; the worst that can happen is that you start again.2️⃣ Self-fund and reinvest for sustainable growth: Peter advocates for funding his ventures internally, allowing him full control and flexibility in decision-making.3️⃣ Focus on ‘boomer businesses’ ripe for modernisation: Look for industries where traditional models dominate, then disrupt them with new-age approaches and tech.4️⃣ Hire globally to get the best talent: If you’re starting today, go fully remote to access a global talent pool – and don’t be limited by your local market.5️⃣ Use neurodiversity as your edge: Turn what others see as a setback into your superpower. Peter uses ADHD to fuel creativity and energy in his businesses.6️⃣ Job hop with purpose: Forget the old “stay in one job” mindset. Peter says millennials are right to move around, because that’s how you find growth and better opportunities.7️⃣ Chase freedom, not just cash: Peter’s goal isn’t just money — it’s the ability to live and work on his own terms. Prioritise freedom in your hustle.In this episode, we cover:00:00 Introduction to Peter Watson03:39 Early Entrepreneurial Journey06:23 University Ventures and Growth08:06 Business Expansion and Global Perspective10:27 Investment Strategies and Business Criteria13:51 Exiting Businesses and Growth Mindset17:36 Financial Discipline and Cash Management24:25 Cultural Reflections: UK vs Dubai38:09 The Power of Partnership in Business44:15 The Love of the Game: Entrepreneurship as Sport47:49 Hiring Your First Employee: Key Considerations50:44 Decoupling from Founder Reliance52:49 Millennials and Job Hopping: A New Reality57:04 Taking Risks Before Commitments01:00:50 Going All In vs. Side Hustles01:02:49 The Future of Marketing: AI's Role01:04:58 Understanding Crypto: A Double-Edged Sword01:12:40 Personal Routines for Entrepreneurial Success01:16:17 Embracing Neurodiversity as a Strength01:20:59 The Importance of Being Present01:23:33 Social Media's Impact on Mental Health01:25:22 Managing the Next Generation01:26:26 Legacy and the Pursuit of Happiness01:28:20 Freedom Over Wealth01:31:34 Remote Work vs. Office Culture01:35:25 Peter's Book Recommendations Get full access to Millennial Masters at millennialmasters.net/subscribe