Sergei Revzin is a Venture Investor at the NYU Innovation Venture Fund where he leads the university’s technology investments, and Vadim Revzin is a professor at NYU and State University of New York where he teaches entrepreneurship and management. The twin brothers host a weekly podcast called The Mentors featuring stories from successful founders and creators and regularly contribute to Forbes.com and HBR.org. They have advised hundreds of startups and have been founders and leaders across several early and growth-stage companies.
Show Notes
“The last 10% it takes to launch something takes as much energy as the first 90%.” –Rob Kalin
It is official! History has been made on The Entrepreneurial You podcast. For the first time ever, we have twin guests, Vadim and Sergei Revzin – double the fun, double the pleasure I say.
Having met these two passionate and driven entrepreneurs at Podcast Movement – Evolutions, I knew I had to invite them to the show.
On this episode of The Entrepreneurial You podcast, this duo gives us a glimpse into their journey of monetizing their podcast, The Mentors, even prior to having a large audience.
Here is a snippet of what Vadim and Sergei shared:
“I think there was a lot of moments. But one that stands out the most is a business that we were working on were from the outside world, things seem to be working pretty well. We had a team. We had a couple of people working on the business, and we were hiring more contractors; we were generating revenue; we were pitching to investors, and we were getting investors interested in the business. But the reality was that we were also at the same time living in New York City, which is one of the most expensive cities in the world and trying to figure out how to pay rent and food and everything like that. And eventually, it became too much. And when the timing didn’t work out of the business, making enough money to cover all the expenses, we were starting to get into debt. And at one point in our late 20s, we had to make the difficult decision to leave the city and move back in with our parents home, which is something that most people don’t want to do, especially here in the States when you’re in your late 20s. That’s just kind of unheard of, but it’s something we absolutely We have no choice. So we were lucky that we had that Support System.”
Listen to the episode and let us know what is your biggest takeaway.
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