YouSaid · the spoken record

Alyona Mysko

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24
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2022-04-14
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2022-04-14
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  1. “Fun fact, I will tell you that we had a strategic session in working, which has the name. I will translate this word Ukrainian Permoha. It translated in English like victory. And we believe that it was not a coincidence, so we believe that yes, we will have this victory in Ukraine”

    2022-04-14 · Masters of Scale · Rapid Response: Lessons from an entrepreneur in Ukraine, w/Alyona Mysko, CEO of Fuelfinance · IDENTIFIED FROM THE TRANSCRIPT

  2. “Yeah, it's the website names spent with ukraine.com. We have the list of all companies there in very different spheres, in fashion, in tech, in services, in entertainment. And I think everyone should understand that we all donate our salaries and half of our profits and part of our revenues, we all donate to Ukrainian military forces, to other organizations which help Ukraine here. So it will be very helpful for us if everyone will buy Ukrainian products.”

    2022-04-14 · Masters of Scale · Rapid Response: Lessons from an entrepreneur in Ukraine, w/Alyona Mysko, CEO of Fuelfinance · IDENTIFIED FROM THE TRANSCRIPT

  3. “Understand that all entrepreneurs are fighters, and I believe that every entrepreneur can understand that, okay, we can grow our business even in such stressful situation. Today, my friends, they made a platform aimed spent with Ukraine. It is a platform where we have all lists of Ukrainian companies that make really cool products. And I think that everyone today can support Ukraine not only by donating, but also buying Ukrainian products.”

    2022-04-14 · Masters of Scale · Rapid Response: Lessons from an entrepreneur in Ukraine, w/Alyona Mysko, CEO of Fuelfinance · IDENTIFIED FROM THE TRANSCRIPT

  4. “I think that now Western businesses will see much response or we see how these businesses decided to go out from Russia and stop their business there. It's a valuable decision and I see support for such businesses in Ukraine. We love these businesses even more after that. Yeah, we have here like lists of businesses who support us and we also have lists of businesses who decided to stay in Russia and we believe that such businesses they really finance this war and they give money to Russia to make this war. So with such businesses I see how people decided not to buy these products. We understand that business really make huge changes now and every company can make this change.”

    2022-04-14 · Masters of Scale · Rapid Response: Lessons from an entrepreneur in Ukraine, w/Alyona Mysko, CEO of Fuelfinance · IDENTIFIED FROM THE TRANSCRIPT

  5. “We started to make our product two years ago. We made market research, we tried to understand what founders think about finance. So we had traction and we have a strategic session one week before the war. So we had a plan very detailed launch website. It was planned on the first day of the war. After that, our plan was we should go to product hunt because we updated our website, we updated information and we made very cool video explainer about what we do in fuel finance. We received during one day. It was like Boom.”

    2022-04-14 · Masters of Scale · Rapid Response: Lessons from an entrepreneur in Ukraine, w/Alyona Mysko, CEO of Fuelfinance · IDENTIFIED FROM THE TRANSCRIPT

  6. “Q Finance is a startup, but we were profitable before the war. So we are a financial team. Yeah, it doesn't mean that I'm not worrying. I worry, but this feeling will not help me, so I understand that, okay, I can be worried, but like several minutes. But after that, okay, let's do our job. So I think that everything is possible. We even made product hunt and we became the product of the day during the war and sitting in bombshelter. So now I believe that we can do everything.”

    2022-04-14 · Masters of Scale · Rapid Response: Lessons from an entrepreneur in Ukraine, w/Alyona Mysko, CEO of Fuelfinance · IDENTIFIED FROM THE TRANSCRIPT

  7. “We have one team member who decided to join military forces and we received messages from him that now for military forces. So in one hand I have ACA 47, in the other hand I have my laptop so it's very strange but no one was hurt and I feel grateful for that everyone from our team everyone is safe.”

    2022-04-14 · Masters of Scale · Rapid Response: Lessons from an entrepreneur in Ukraine, w/Alyona Mysko, CEO of Fuelfinance · IDENTIFIED FROM THE TRANSCRIPT

  8. “The world, so everyone in our team here, first of all, we have thoughts how to be safe, how to help our families and friends. But after that, everyone, they started to think, okay, but now we should help other businesses and our clients because it's our mission. We had many calls and we discussed, okay, someone couldn't work because someone had worse situation, more Syrians and managers said, okay, I will do your work because now you are not in the safe place. It's okay. I can do more now. Everyone in our team, they do their job, but after that, they do different volunteer projects. Someone, for example, helped deliver now from Poland to Ukraine different stuff that military forces needs. So we have very strange situations. We had one-to-one talks with everyone in the team.”

    2022-04-14 · Masters of Scale · Rapid Response: Lessons from an entrepreneur in Ukraine, w/Alyona Mysko, CEO of Fuelfinance · IDENTIFIED FROM THE TRANSCRIPT

  9. “Especially during the first, I think, three, four days. We were in Slackchat all 24 hours because we understand that we need to support each other now. And I should support our team members. We had the first priority to relocate our team to more safe places. Now I see and understand that it was very important part for our two members, this communication. So we have mission to help companies and save them from bankruptcies and financial mistakes. And we believe that what we do for these companies can impact on GDP growth in Ukraine and all over.”

    2022-04-14 · Masters of Scale · Rapid Response: Lessons from an entrepreneur in Ukraine, w/Alyona Mysko, CEO of Fuelfinance · IDENTIFIED FROM THE TRANSCRIPT

  10. “Think that we have an answer situation that people that decided to go to other countries, they're more upset than people who stay here. Yeah, first of all, it's like these people needed to do it because we all have mothers, children to be in the safe place, but also we have already cases when our team members who were in Poland, now they decided to go back to Ukraine because in Western Ukraine like safe situation and they decided that they want to be now with their families when someone like in other countries every time when I have cold I feel happiness that this person is safe and everything is okay I think I feel more happy than upset.”

    2022-04-14 · Masters of Scale · Rapid Response: Lessons from an entrepreneur in Ukraine, w/Alyona Mysko, CEO of Fuelfinance · IDENTIFIED FROM THE TRANSCRIPT

  11. “I think they are surprised because they received that result that always were expected from us without delays. So yeah, we had this short stop in our work, but only during first several days. But after that, we continued our work. They were shocked. Also, we received much support from them. Some of them wrote me, we can make you additional payments for some next month now, but maybe you need this additional money now. So some of them wrote, maybe you need some help with the relocator of your team. So really appreciate such support. But she says that we deliver results the same as it was before this war.”

    2022-04-14 · Masters of Scale · Rapid Response: Lessons from an entrepreneur in Ukraine, w/Alyona Mysko, CEO of Fuelfinance · IDENTIFIED FROM THE TRANSCRIPT

  12. “I think, first of all, it's completely different. So, for example, when it was COVID, you can be safe if you stay home. But now you couldn't be safe even being at your home. But I think, yes, COVID has prepared us for this. Especially for me, it's the second crisis during two and a half years of managing my business. So we started this business and already was like COVID in a year. So we had the situation with revenue declining, yes. And safety of team members and relocation of business, it was totally new. So this part was really unpredictable.”

    2022-04-14 · Masters of Scale · Rapid Response: Lessons from an entrepreneur in Ukraine, w/Alyona Mysko, CEO of Fuelfinance · IDENTIFIED FROM THE TRANSCRIPT

  13. “The whole country work now startups. We have the government do their best job. They communicate with other countries. They collect money for the military forces. On the other hand, we have another group with Ministry of Digital Transformation. We have other group of entrepreneurs and startup founders. We have the situation when everyone do their best job, everyone helps each other. And the first who see what should be done start do it. So we don't wait for someone who will tell us what should be done.”

    2022-04-14 · Masters of Scale · Rapid Response: Lessons from an entrepreneur in Ukraine, w/Alyona Mysko, CEO of Fuelfinance · IDENTIFIED FROM THE TRANSCRIPT

  14. “This is one that we started by our own with Lift 99, but yeah, we have also here in Ukraine our IT army that really was created by our Minister of Digital Transformation, something awesome. We talk about 100,000 people in IT army. They communicate with all digital businesses, they communicate with Elon Musk, and we now have Starlink in Ukraine. Something was impossible before the war. Starlink really helps us because I, for example, communicated with my friend who is in military forces. He wrote me, okay, I can really write us this message that I'm okay because now we have Serling here. This support is simply unbelievable now for us.”

    2022-04-14 · Masters of Scale · Rapid Response: Lessons from an entrepreneur in Ukraine, w/Alyona Mysko, CEO of Fuelfinance · IDENTIFIED FROM THE TRANSCRIPT

  15. “Ukraine, we have 80 financial managers and CFOs from Ukraine who now help Ukrainian businesses. Also, we'll provide all information that Ukrainian business need now in finance. Second one, we also created volunteer project with other company Lyft 99 where everyone from all over the world can donate to Ukrainian business who changed during the war. So for example before the war they made beautiful shoes but after the war they make military boots now and we make this platform and everyone now can donate and help these companies because they don't generate revenues but they help military forces and others during this war.”

    2022-04-14 · Masters of Scale · Rapid Response: Lessons from an entrepreneur in Ukraine, w/Alyona Mysko, CEO of Fuelfinance · IDENTIFIED FROM THE TRANSCRIPT

  16. “When the war started, we had like half of our clients Ukrainian companies, but another half of our clients are US-based companies. So Ukrainian companies, some of them, they still work, but some Ukrainian companies stopped, but we believe that our mission in our company, even in such hard times, we should help other businesses to stay strong. So we did much work when the war started. What resources we have, what cash balances we have, so what really we should do. It was like challenging part for us, but also we created two projects that help Ukrainian business now. First project was like financial platform to match Ukrainian business and financial managers here.”

    2022-04-14 · Masters of Scale · Rapid Response: Lessons from an entrepreneur in Ukraine, w/Alyona Mysko, CEO of Fuelfinance · IDENTIFIED FROM THE TRANSCRIPT

  17. “Yeah, we take care of France for all startups. So no headache, no more hundreds of different XLS docs. We like digital financial department for all startups and combine software and financial managers to do it.”

    2022-04-14 · Masters of Scale · Rapid Response: Lessons from an entrepreneur in Ukraine, w/Alyona Mysko, CEO of Fuelfinance · IDENTIFIED FROM THE TRANSCRIPT

  18. “We have one developer, one engineer there. He was in Kharkiv, but I think on the second week, he decided to go to Dniproa. It's another city in eastern Ukraine, but more safe situation in Kharkiv. He was near all these bombs. And so it was a very, very bad situation there. But now we have 90% of our team here in Western Ukraine, so everything is better.”

    2022-04-14 · Masters of Scale · Rapid Response: Lessons from an entrepreneur in Ukraine, w/Alyona Mysko, CEO of Fuelfinance · IDENTIFIED FROM THE TRANSCRIPT

  19. “During the first two weeks, we were scary, but I think on the third week already, we understand, okay, what is going on? And after that, you try to live your life with new reality. You try to smile, we try to be positive because first of all I have the team and the team should understand that with me, everything is okay. And I manage this business. And when they see that we have positive attitude and all executive team has positive attitude, it's more easier for others do their job every day. Yeah, we should work in bob shelters. But to be honest, in Western Ukraine, we are not in that situation. You saw these photos near Kiev and in, for example, eastern Ukraine. In eastern Ukraine, they don't think about war. We have much worse situation there.”

    2022-04-14 · Masters of Scale · Rapid Response: Lessons from an entrepreneur in Ukraine, w/Alyona Mysko, CEO of Fuelfinance · IDENTIFIED FROM THE TRANSCRIPT

  20. “Yeah, we like still work like this during the day. We have the serum, so we need to go to bomb shelters. But everyone in Ukraine trying to work now. And yes, people work in bomb shelters and we are happy that in most bomb shelters we have Wi-Fi so we can work. So like a little bit like normal life now because yeah we take our laptops, we go to bombshelters, but okay we still work and the most craziest day when we decided to go to product hunt because when we decided to launch something especially on this day we will have most number of serums during the day so usually it was like two or three before but on this day we had seven times per day the Syrians so we should go to bomb shelter every time so it's it was really crazy”

    2022-04-14 · Masters of Scale · Rapid Response: Lessons from an entrepreneur in Ukraine, w/Alyona Mysko, CEO of Fuelfinance · IDENTIFIED FROM THE TRANSCRIPT

  21. “Oh, you know, it's very strange feelings that all Ukrainians had during the months before this war. It was a very strange situation because on the one day we decided that we should be prepared and we decided to discuss with our team members how you can prepare everything about, okay, where you will relocate in case the war will start. We also start to analyze, okay, what we have with our financial plan and how we should manage the business, so what risks we have and everything we felt this stress, we felt this pressure. So yeah, it was not easy.”

    2022-04-14 · Masters of Scale · Rapid Response: Lessons from an entrepreneur in Ukraine, w/Alyona Mysko, CEO of Fuelfinance · IDENTIFIED FROM THE TRANSCRIPT

  22. “No, no. I usually live in Kyiv. Kiev is my native city. So I was in the first day of the war there. And I decided on the second day, I decided to relocate in western Ukraine”

    2022-04-14 · Masters of Scale · Rapid Response: Lessons from an entrepreneur in Ukraine, w/Alyona Mysko, CEO of Fuelfinance · IDENTIFIED FROM THE TRANSCRIPT

  23. “Yeah, we have already jokes between entrepreneurs that Ukrainian managers, they will be like the best stressful managers and risk managers in the world because during last months here it's really a challenge for us challenge managing business during the war challenging in management of the team and also in volunteering and help our country so I think we feel like fighters now sometimes we are really upset especially I see what is going on with my people in my country as I'm usual not this positive attitude but mostly we try to fight and do our best because okay in the morning like weird news but after that you should do your work because when you will be crying it's not the health that country needs now.”

    2022-04-14 · Masters of Scale · Rapid Response: Lessons from an entrepreneur in Ukraine, w/Alyona Mysko, CEO of Fuelfinance · IDENTIFIED FROM THE TRANSCRIPT

  24. “During the day, we have the Syrians, but everyone in Ukraine trying to work now. Yeah, we take our laptops, we go to bomb shelters, but okay, we still work. Ukrainian managers, they will be like the best risk managers in the world. Try to be positive because when they see that we have like positive attitude, it's more easier for others do their job every day. Worry, but this feeling will not help me, so I understand that, okay, I can be worried several minutes. But after that, okay, let's do our job. Whole country work now like startups, so we don't wait for someone who will tell us what should be done. Everyone today can support Ukraine not only by the donating but also buying Ukrainian products. And I think that it will be my main message.”

    2022-04-14 · Masters of Scale · Rapid Response: Lessons from an entrepreneur in Ukraine, w/Alyona Mysko, CEO of Fuelfinance · IDENTIFIED FROM THE TRANSCRIPT