Connect with us
Apply Now

Executive Voice

Austin Barnard Shares Actionable Wisdom to Build and Scale a Business

For most people in uninspiring 9–5 jobs, the freedom to do what you want when you want is enviable. However, the truly successful will tell you that freedom comes at a cost. As Austin Barnard knows firsthand, the cost becomes higher if you are venturing into a relatively new space.

Austin is the co-founder and portfolio manager for Orca Capital’s family of funds. Orca Capital was started in April 2019, and over the last 2+ years, it has grown into a family of 5 funds. It boasts around 200 investors and $60M assets under its management.

Austin was exposed to trading when he was very young. His mom was a trader for a small family office when he was growing up, and that was his first experience. As a naturally analytical person, he started trading stocks in his Roth IRA in high school and never stopped.

In college, Austin took his trading a notch higher and would even trade during class. After graduating college, he got his CPA at Ernst & Young and became a full-time stock and equities trader. Then, in 2017, he discovered Bitcoin, and the concept piqued his interest.

Austin started researching more about blockchain technology and realized that it was the future of finance. At first, the 24/7 markets and their crazy volatility were a major attraction, but the more he studied the industry, the more he fell in love. He committed his life to it and has never regretted that decision.

Although Austin’s analytical nature has played a part in his success, he admits more factors contribute to an entrepreneur’s success. Open-mindedness is one of them. When he learned about cryptocurrency, he explored it further and discovered the path he is now on.

In his work, his favorite part is helping traditional finance people have an open mind and see the incredible value of blockchain and its future potential. He says, “I feel like my life’s goal is to help others have an open mind. Too many people naturally bash things they don’t understand, and it often can lead to some of the biggest missed opportunities.”

The second factor to becoming successful is finding what you are truly passionate about. Austin says, “Every startup requires a ton of hard work and long days, but when you are building something you love, it makes everything much easier.” Instead of hopping from one idea to another, hyper-focus on that one thing that you love until you break through.

Self-motivation and personal accountability are the third factor. As your own boss, there is no one to tell you when to wake up, what to do and when to do it. Your success will depend on your drive and discipline.

The relationships you form as an entrepreneur matter too. From personal experience, Austin says a dependable business partner is an invaluable asset. He says, “Having a partner who compliments your talents and pushes you to be better is a much-understated benefit as well. I can’t speak highly enough about Jeff as a business partner at Orca Capital.”

Entrepreneurship is a long journey with new things to learn every day. In Austin’s case, he is still learning how the regulated financial world works because he doesn’t have a background in hedge fund knowledge. Opening and maintaining business bank accounts is a challenge because banks dislike crypto-related businesses.

However, Austin is figuring out how to scale the business despite the number of challenges he and his business partner have to face. In the next 5 years, he predicts he will be running a $1B+ crypto hedge fund.

Continue Reading

Copyright © 2022 Disrupt ™ Magazine is a Minority Owned Privately Held Company - Disrupt ™ was founder by Puerto Rican serial entrepreneur and philanthropist Tony Delgado who is on a mission to transform Latin America using the power of education and entrepreneurship.

Disrupt ™ Magazine
151 Calle San Francisco
Suite 200
San Juan, Puerto Rico, 00901

Opinions expressed by Disrupt Contributors are their own. Disrupt Magazine invites voices from many diverse walks of life to share their perspectives on our contributor platform. We are big believers in freedom of speech and while we do enforce our community guidelines, we do not actively censor stories on our platform because we want to give our contributors the freedom to express their opinions. Articles are not commissioned by our editorial team, and opinions expressed by our community contributors do not reflect the opinions of Disrupt or its employees.
We are committed to fighting the spread of misinformation online so if you feel an article on our platform goes against our community guidelines or contains false information, we do encourage you to report it. We need your help to fight the spread of misinformation. For more information please visit our Contributor Guidelines available here.

Disrupt ™ is the voice of latino entrepreneurs around the world. We are part of a movement to increase diversity in the technology industry and we are focused on using entrepreneurship to grow new economies in underserved communities both here in Puerto Rico and throughout Latin America. We enable millennials to become what they want to become in life by learning new skills and leveraging the power of the digital economy. We are living proof that all you need to succeed in this new economy is a landing page and a dream. Disrupt tells the stories of the world top entrepreneurs, developers, creators, and digital marketers and help empower them to teach others the skills they used to grow their careers, chase their passions and create financial freedom for themselves, their families, and their lives, all while living out their true purpose. We recognize the fact that most young people are opting to skip college in exchange for entrepreneurship and real-life experience. Disrupt Magazine was designed to give the world a taste of that.