From Ukraine to Building a 100m Startup With No Marketing Budget | Dan Zavorotny
Millionaire Mindcast
Matt Aitchison Media, Inc
4.4 • 716 Ratings
🗓️ 27 March 2023
⏱️ 42 minutes
🧾️ Download transcript
Summary
In this episode of the Millionaire Mindcast, we have a wonderful guest, Dan Zavorotny who shares his epic and successful journey, insights on learning valuable skills, why should not avoid challenges, how to get good enough in one thing, why ignore micro-optimization process, the sexy thing on investing IPO, and building a 100-million-dollar startup business with zero marketing budget!
Dan Zavorotny is a healthcare technology entrepreneur, Co-founder & COO at NutriSense, a platform that is leveraging technology to improve global health and prevent preventable diseases such as Type 2 Diabetes and Heart Disease. This has been featured on Good Morning America, New York Times, Financial Times, American Medical Association, The Telegraph, Eat This Not This, NASDAQ, STAT News, JAMA, Joe Rogan Podcast and more.
Dan and his family were immigrants from Ukraine to the US. He came from a poor extended family who used to live in one bedroom, overtime to townhome and to the middle class. He worked from corporate finance to healthcare consulting that earned enough money. Thus, he brings joy to the family. It was then he realized that it isn’t bad to be in the worst stage of life. In any situation you have to learn very quickly and effectively. As long as you develop skills that are valuable, you do not fear failure. This will serve as your backup plan to not be afraid to start things over again. Dan pursues something that he feels good about. It is helping people shed unwanted weight and advise athletes on how to become the best versions of themselves.
Some Questions I Ask:
Where did this all start for you, man?
Learn skills that are valuable so you have a backup plan.
How are you measuring whether or not somebody’s got that 3X skill set beyond you?
Talk to us at the early stage of entrepreneurship, what are the things you did wrong and right?
What are the strategic approaches that you guys took for spotlight marketing and getting it going?
What is the vision for what you guys are building, and why are you motivated to build that right now?
What are your thoughts around exiting the company?
What do you like to invest your money in?
What are you gonna do with all your money when all is said and done?
In This Episode, You Will Learn:
Developing skills to become “I worthy”.
How to sell on the internet with zero marketing budget.
How to get good enough at one thing.
Why ignore the micro-optimization process.
Investing in an IPO.
Quotes:
“Even at the worst of it, it was not bad.”
“Successful people just love solving problems.”
“How I do one next thing, ignore all the noise outside.”
Resources Mentioned:
Connect with Dan Zavorotny on:
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Questions? Comments? Do you have a success story you would like to share on the show?
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Transcript
Click on a timestamp to play from that location
| 0:00.0 | This concept micro-optimization, if you have a job in a corporate world, you will have like |
| 0:04.3 | one-tenth of one process and your goal is just optimize that for the next couple years. |
| 0:08.9 | And if you do, because company's big, that can be millions of dollars. |
| 0:11.6 | And that's what happens. |
| 0:12.3 | People start companies. |
| 0:13.2 | The first day, go, okay, I start a website. |
| 0:15.0 | You know, I have 100 people coming on a website. |
| 0:16.7 | Two people pay. |
| 0:17.4 | I need to make that three people, four people. I need to work in that bottom of the funnel every single time. |
| 0:21.7 | My answer is, yes, that sounds nice, but it's such a small amount. |
| 0:24.7 | Figure out how to improve the top first. |
| 0:26.3 | Get a million people come to your website. |
| 0:27.8 | Because that matters more in the early days because it just doesn't matter, right? |
| 0:31.6 | Because V2 focused on a micro optimization earlier in the funnel, it simply isn't do anything. And you're died by the time you figure out how to improve that funnel, and you won't get |
| 0:38.2 | the more people coming in. |
| 0:52.9 | Hey, yeah. |
| 0:54.0 | Thanks for having me. Super excited. |
| 0:56.3 | Yeah, man. I mean, any time you get to connect with somebody that has an epic journey, |
| 1:02.6 | immediately I just want to start asking all kinds of amazing questions. |
| 1:06.4 | Not only your journey from, you know, Ukraine to the U.S., but your, you know, |
| 1:10.3 | a successful journey of building a $100 million, you know, Ukraine to the U.S., but your, you know, successful journey of building |
| 1:11.6 | a $100 million, you know, startup company. So why don't we back up a little bit? And for those that |
... |
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