258: From a Successful Exit to Closing a Company... & Biking His Way Back on Top | The Story of Mike Peregudov of Whizz

Entrepreneur Stories 4⃣ Inspiration

Millionaire Interviews Podcast & Sir Austin Peek

Careers, Business:careers, Business

4.7 • 2K Ratings

🗓️ 11 September 2023

⏱️ 79 minutes

🔗️ Recording | iTunes | RSS

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Summary

Mike Peregudov is the CEO and Co-Founder of Whizz, an E-bike rental service company for delivery riders. Mike has had diverse work experience, holding several high-level positions in the past. Prior to Whizz, Mike was a General Partner at S16VC starting in 2020. And from 2014 to 2020, he founded and served as the CEO of Yandex Chef, which was later acquired by Yandex. Additionally, he was the CEO of Pivot from April 2021 to November 2022. Pivot was the second company he created before Whizz but it was not able to grow and succeed. This Episode is Sponsored By: Pearl Diver is a cutting edge platform that provides in-depth visitor identification, enabling you to uncover valuable insight about your website visitors. By uncovering names, emails, company details, and more, Pearl Diver empowers you to turn anonymous traffic into high quality leads. To learn more, visit: millionaire-interviews.com/pearldiver Jon Ostenson, Founder of FranBridge Consulting and Top 1% US Franchise Consultant is here to help you explore the world of non-food franchising opportunities today. Jon and his team are part of the largest brokerage in the US and have vetted the market thoroughly. FranBridge is hands down the premier source of the best opportunities in the non-food franchising world. You can hear more of Jon’s story and how he started FranBridge Consulting on Episode 250 of our podcast. Sign up for a free consultation call with Jon today at millionaire-interviews.com/franbridgeconsulting and receive a FREE copy of his new book Non-Food Franchising. Light Years Ahead is a woman-owned national PR firm focusing on emerging brands, exports, and services in the consumer lifestyle space. Based around the US, they specialize in maximizing media exposure for brands and exports, which can then create more sales, brand awareness, and influence buying decisions. The first five listeners of this show that schedule a call with Light Years Ahead to develop a PR campaign will receive $500 off their first month of services. You can email Megan at [email protected], go to their Instagram @LYAPR or check them out at: millionaire-interviews.com/lightyearsahead Want to Support the Show? Well we'd love for you to join our Patreon Group! What's in it for you? Well you'll instantly get a scheduled call from Austin, where he'll help you with your current or future business... Sign-Up Now at millionaire-interviews.com/patreon. 😀😎😍 *** For Show Notes, Key Points, Contact Info, Resources Mentioned, & the Fabulous 4 Questions on this episode visit our website: Mike Peregudov. *** Support this Podcast via Patreon Feedback? Questions? Comments? We would love to hear from you! Hollar at us via: Facebook Group (@MiPViPs), or Twitter (@acpeek or @millionairepod), Instagram (@millionaire_interviews), LinkedIn (@austincpeek), Facebook (@millionaireinterviews), or Email: [email protected]. 😎😍😀

Transcript

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0:00.0	That was probably the hardest or one of the two hardest periods in my life because it's
0:07.4	super harmful for your confidence as a person, as a founder and that was my first failure
0:13.2	because my first company was successful and I was like, okay, I found something now
0:17.0	I'm a superman that can build companies and then it's just, you know, you give it another
0:21.7	try and it doesn't work in you like, oh wow, it sounds crazy nowadays but we became
0:30.7	profitable just in six months after we started. No, absolutely because, you know, they say
0:36.6	when if you have everything made perfect when you start, this means you start it too late.
0:41.8	If you start something and it doesn't work out, it doesn't mean you're a bad founder.
0:49.3	It's probably just not the right market or not the right idea or not the right time and
0:54.3	I know that there is no way to close a company in an easy comfortable way. It's just possible.
1:00.3	You will struggle a lot but it all happens not because you're a bad founder so just give
1:05.9	it another try and try something else.
1:08.5	Hey, my name is Mike Periguriv. I'm a CEO and co-founder of Whiz. I live in New York
1:17.3	and the company's business is also in New York. What we are doing, we are shifting last
1:21.6	mile delivery segment in the US to electric vehicles and actually we started the company
1:27.5	like 18 months ago so we're quite fresh on the market and what we are doing, we are renting
1:32.0	out electric bikes to delivery drivers in New York. So those guys who are working on DoorDash
1:36.9	and GrabHop and UberEats, they need some transport to deliver food and they rent this transport
1:42.6	from us from Whiz and that's actually how we started and how we're growing right now.
1:46.6	We started like 18 months ago and we drew up to 1000 electric bikes till today.
1:53.1	And how old are you?
1:54.2	Yeah, I'm 38. Is this your first startup?
	...

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