Listen "What I Learned After 20+ Startups | Enrico Mayor Podcast #6"
Episode Synopsis
Serafim Korablev — Serial Entrepreneur and Founder of 21st.dev — Join us as Serafim shares his inspiring journey from a product manager to a self-taught coder and successful serial entrepreneur, emphasizing the transformative power of resilience and passion in business.In this uncut conversation, he tells Enrico:• He explores the motivational shift from the desire for wealth to finding joy in creating impactful projects.• Seraphim reveals how he built over twenty startups, with only two achieving notable success, showcasing the grit required in entrepreneurship.• He discusses his pivotal transition into entrepreneurship and highlights the importance of mentors like Oscar Hartman in shaping his mindset.• Seraphim shares practical insights on the emotional challenges of shutting down a startup and the complexities in investor relationships during failures.• He envisions establishing a private university in Russia to support scientific development, illustrating his commitment to societal contributions beyond business success.00:14 - The Pursuit of Wealth: Understanding Entrepreneurial Motivation01:27 - My Journey: From Product Manager to Serial Entrepreneur02:03 - The Rollercoaster of Entrepreneurship: 20 Ventures, 2 Successes04:14 - Building Wealth: A Long-Term Vision for Contribution07:18 - Mentors Matter: How Role Models Shape Your Entrepreneurial Mindset13:29 - The Power of Iteration: Pivoting in the Entrepreneurial Landscape15:27 - Overcoming Challenges: The Quest for Your First Million19:41 - The Heartbreak of Closure: Navigating Startup Failures and Investor Relationships24:54 - Fundraising Trials: Managing Investor Relations Amid Failure30:08 - Taking a Breather: Exploring Coding After a Startup Setback31:50 - The Importance of Personal Connections: Rediscovering Well-Being in Russia32:30 - Collaborating for Success: Launching the AI Video Editor Cutly34:00 - Launch Challenges: Promotion Struggles After Cutly's Debut36:00 - New Ideas: Inspired by Crypto Communities for a New Platform39:30 - Pre-Launch Pressures: Facing Unexpected Challenges40:00 - Fast Development vs. First Mover Advantage: Reflections on Speed44:05 - The Quick Sale: Meeting a Potential Buyer for Rapid Success49:27 - Speed of Sales: Comparing Russian and European Business Practices51:20 - Engagement Insight: Comparing Gaspam and Twenty First Dev's User Rates56:04 - Personal Passion: Building Projects from Genuine Interest59:39 - A Shift in Focus: Seeking Happiness Over Wealth1:03:47 - Moving Forward: From Contributing Features to New Venture Exploration1:05:00 - Speedy Development: Creating the First Version with Innovation1:06:30 - Funding Insights: Building Without External Investment1:09:30 - Diverging Paths: Friend’s Immediate Success in Mobile Apps1:14:00 - Significant Backing: Transitioning from Solo to Venture-Backed Success1:19:00 - Team Dynamics: How Size and Background Influence Startup Success1:20:49 - Evolving VC Strategies: The Rise of More Startups1:23:00 - The AI Coding Landscape: Limitations and Future Potential1:26:06 - Capability Diffs: Implications of AI Models in Software Development1:32:06 - Vision for the Future: Establishing a Private University in Russia1:36:30 - Joy in Creation: Finding Deeper Motivation Beyond Wealth1:39:20 - Lifelong Learning: Leveraging AI for Efficient Knowledge Acquisition102:30 - Staying Competitive: The Need for Businesses to Embrace Technology103:11 - Advice for Young Entrepreneurs: Meaning Beyond Monetary Gain🎧 Also available on Spotify, Apple Podcasts, and more.📍 Follow Enrico:Instagram – @enricomayorTikTok – @enricomayor💬 Drop your takeaway in the comments & don't forget to Like & Subscribe.