I often see closing stores, restaurants, cafes, and hair salons in the city. I genuinely feel sorry for the owners of these businesses, who undoubtedly suffered huge losses. When I think about such bankrupt companies on the scale of the country, my heart bleeds. How many resources, money, and efforts were spent in vain? No one will reimburse these businessmen …
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As a practicing businessman and company leader, I can afford to travel the world regularly. Many of my colleagues find this impossible. They believe that business must be managed from an office. I am trying to break this stereotype by my example.
To achieve this, I made two discoveries for myself: first, I realized that perfectionism leads to getting stuck …
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In Kazakhstani courts, high-profile cases periodically arise where one person accuses another of slander. And often, the courts issue guilty verdicts, resulting in the convicted having to pay huge fines, and sometimes even going to prison. Many are shocked by this. But there’s no need to be surprised. That’s our law. You can go to jail for words. By and …
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During my time in private business, especially right after leaving government service, I was often told, “Why don’t you use your connections? Why don’t you get a government contract?” or they would say, “If you had the opportunity, would you refuse a juicy government contract?!”
Those who don’t know me may not believe it, but all my partners know that …
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Part 3.
Protection of public order.
As you know, video cameras and video recorders are currently installed in many cities of Kazakhstan, which monitor public order and compliance with traffic rules on the roads.
The main part of these cameras is installed by one company – “Sergek Group”. Such a dominant position of this company has been going on for …
Recently, the number of Russian startups has increased in our “sales funnel”. This is understandable. The Russian economy is experiencing a crisis due to the war, the threat of mobilization has driven many businessmen and startups out of the country, including quite adequate, talented entrepreneurs. They are trying to find a use for their powers in a more predictable and …
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Part 2.
Having an undisputed leader. An important criterion for assessing the maturity and stability of a team is the presence of an obvious leader whose superiority is not contested by anyone. It is often observed that in a team, two or even three people consider themselves equal founders and leaders. My practice shows that this is a future conflict …
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Part 1.
In the early stages, when there is a lot of uncertainty in the startup, the most important criterion for deciding whether to invest money in a startup is its team. Over the years as a venture investor, I have developed my system for evaluating a startup team. It combines existing methodologies and my personal experience.
The professionalism of …
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In my venture practice, I encounter a situation where startup founders, not deeply knowledgeable about legal matters, confuse two things: an investor’s investment in the company and the sale of their share in the company to the investor. What is the difference between these two actions? When an investor puts money into a company, that money becomes the property of …
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When investing in a startup, one of the most important aspects of negotiation between the investor and the founder is the valuation of the startup. Based on this valuation, the investor’s share in the company will be determined.
Currently, there are numerous methodologies for valuing startups worldwide. For example, some multiply the company’s current annual revenue by ten, others multiply …
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