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Award-Winning Entrepreneur Bobby Castro Aims to Help Other Entrepreneurs Seek Financial Freedom

mm by James Boley
May 2, 2020
in Business
4 min read
Home Business

Fort Lauderdale, Florida – There is no real formal education in entrepreneurship. No one learns the true fundamentals of entrepreneurship in high school or college. If a successful entrepreneur is asked about where they obtained their knowledge, they’ll likely say their education came from personal experiences and the shared ideas of other entrepreneurs. 

When millionaire entrepreneur Bobby Castro achieved success in the business world, he vowed to share his ideas with other hungry entrepreneurs as he had been. So, why are so many aspiring entrepreneurs willing to pay money to hear Castro’s speeches and lectures? The answer is simple. Castro is an award-winning investor, entrepreneur, and business leader who has the money and track record to back up his claims of success. 

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Some of his most impressive awards include the Ernst & Young Entrepreneur of the Year Award in 2012. Castro’s company, “Bankers Health Group,” was also included on the INC 500/5000 List approximately thirteen times. Several prestigious business magazines, newspapers and media outlets have done feature news stories about him. These media outlets include CNBC, Smart Business Magazine, Bloomberg, and The Wall Street Journal. Castro’s entrepreneurial successes have been recognized by Hispanic 500, Entrepreneur Magazine, Forbes, Fortune, and Crain’s. 

Bobby Castro has a $300 million net worth. After Castro made an early investment of $25,000 in 2001, he scaled up his company, Bankers Healthcare Group, through effective leadership until it was worth $300 million. People assume that he must have an advanced college degree from an Ivy League university. But that couldn’t be the furthest thing from the truth because his education only goes up to ninth grade in elementary school.

“When people find out my formal education only goes up to ninth grade, they cannot believe it is true,” Castro said. “That just goes to show you how education in the traditional public-school system is not the education that is going to lead you down the path of financial and entrepreneurial success. If I had only relied on that public-school education, I never would have achieved anything. I’d probably be fighting for some $50,000 per year job instead of managing a company worth nine figures.” 

Bankers Healthcare Group was rated as the fastest-growing company in 2005. Castro’s leadership was responsible for substantially growing the company. It went from having a $250 million valuation to a $1 billion valuation in just four years. That is a 400% increase in value during that time period. Now he wants to give back to his fellow young entrepreneurs who haven’t achieved nearly as much success as him. 

“The financial freedom and awards that I have earned are great, but they’re not everything to me,” Castro said. “I feel like my purpose now is to help young, struggling entrepreneurs find their path to the same success that I achieved. I want to teach others how to scale their businesses and achieve unprecedented results. Any entrepreneur that listens to my advice can duplicate the same level of success that I have achieved. There is no reason why they can’t do the same.” 

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James Boley

With an experience of two years covering the local news, James has a panache for recognizing, understanding and decoding science based news. He brings in the best news pieces for the Science/Environment section of the website.

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