The Business Fixer Blog by Wes Schaeffer, The Sales Whisperer®

From Ukraine With Love, Oleg Bilozor Shares How He Launched Fast

Written by Wes Schaeffer | Apr 16, 2021

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Branding Tips you'll learn on this episode of The Sales Podcast

  • Wanted to make real money so he became a programmer and left Ukraine to come to North America
  • Started in Vancouver in 2009
  • With English as his second language, it was hard
  • He was stressed making phone calls on interviews as a programmer
  • Dreamt of coming to America since he was a teenager

  • Was probably over-thinking things a bit
  • Was frustrated with the poor state of crime, healthcare, and government in Ukraine
  • It was "too easy" to find a programming job online so he wanted to come to North America and get hired in person
  • Nobody would hire him
  • He made a fake job post on Craigslist
  • He got 50 resumes from experienced people
  • This showed him how competitive it was
  • Got hired by going to networking events in person while he was going to school
Be transparent about your pricing."
  • Worked for someone else for about four years
  • He started building his own company on the side as he was saving money at his full-time job
  • He hired programmers in Ukraine to code for him on his own project
  • Took a year to build it then six months to get up to an $8k MRR so he could quit and go full time on his own business
  • He spent a lot of time learning marketing while he was learning to program
  • SEO, content, etc. as well as Google Ads
  • His first company was an idea of his business partner

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  • But it was a fad/niche that faded quickly
  • They couldn't grow their business after a certain point due to the decline in the market
  • Put it on autopilot to find a new idea, which took about a year
  • Lots of ups and downs being an entrepreneur
  • Created a list of 10 things he wanted to do if he was independently wealthy
  • B2B sales were on his list and he was interested in it
  • Which one has good financial potential?
  • For nine months he immersed himself into the B2B sales space
  • Did some outbound sales for a friend of his who was also a developer
  • He built what he wanted for himself and saw the need and saw little competition
  • Took four months to develop Reply.io
  • Go fast. Make the "minimum viable product" to make the first sale. (Took him just four months.)
  • Then nine months to polish it
  • Found the early-adopters to buy his beta software
  • Spent time on Q&A platforms like Quora
  • Sold at a big discount at first
  • Hired a developer right away to go full-time into production
  • He moved back to Ukraine to cut costs
  • He would call and do his demos at night since he was selling into the United States
  • Once he got to $10k MRR he hired a sales rep in Toronto
  • He was looking for a VP of Sales at the lowest compensation possible and offered an ownership stake in the business
  • He wants to build a global company
  • He was spending three months in the U.S. but he didn't need to be here but came to meet customers, attend conferences, and meet with investors
  • A multi-channel platform for marketing and messaging
  • Can be standalone but it is usually used to augment your CRM
  • Be transparent about your pricing

 

Links Mentioned In The Sales Podcast