This episode’s guest is Artem Mashkov, a dynamic entrepreneur who describes himself as a founder, investor, and disruptor. He is the founder of several successful companies, most notably Intelligent Ventures, which raises capital for internal and external projects.

In this episode, listeners will learn about:

[Frame 0:27] What a venture capital firm really does. There is a popular misconception that capital is the most important need for a successful startup; whereas in reality it is execution that matters most. The real value that a venture investor brings is the ability to consult with the startup and guide them to achieve the proper return on investment.

[Frame 1:21] The investment Mr. Mashkov describes as “the best” he ever made, notwithstanding the fact that it actually resulted in a loss of $92,000.

[Frame 3:33] Why it’s actually difficult to learn from success, and why the most important lessons are learned from mistakes.

[Frame 4:26] The importance of attracting the right people to your business. Exceptional people are more valuable than exceptional ideas. How do you find exceptional people?

[Frame 6:03] The need to combine “street smarts” and “book smarts” in an optimal way.

[Frame 9:13] Why even a savvy businessperson with deep industry knowledge should be investing with a professional advisor.

[Frame 10:13] How millennials and business owners should think about their finances, and why qualified financial advisors are especially valuable to these populations.

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Sources cited in this episode

Mashkov, Artem. (2018, Feb 14). Why an Original Idea Isn't as Important as Having the Right Team, Inc. Magazine. Retrieved from https://www.inc.com/young-entrepreneur-council/why-an-original-idea-isnt-as-important-as-having-right-team.html.

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