Join Mike as he interviews Salavat Magazov, a product development engineer with a passion for biotech automation. Salavat shares his fascinating journey of building a complex cell culture automation machine with a team of dedicated individuals, all while navigating the challenges of managing a remote, unpaid team. Discover the key motivators that keep the team engaged and learn valuable insights into balancing chaos and order in the creative process.
KEY TAKEAWAYS
BEST MOMENTS
"We don't know if there is actual commercial need we think there is we have very little actual validation, because, well, primarily because we're not seeking validation right now. It's for us, a fun project to do and it stretches our skills to, quite often to the limit." (13:09) - Salavat on the team's motivation and focus on challenging themselves.
"It turns out that this phenomenon about people not being motivated by money has been known to mainstream science for about 40 years, about 20 years ago, I had a friend who was doing a PhD and the topic of the PhD was non-financial incentives to workers." (42:12) - Salavat on the research behind non-financial motivators for workers.
"I think AI made our current level of software progress possible. If we had to just type all of that extra 80 percent of code would be a lot of work, a lot of manual work, and then debugging all of that and, you know, creating test cases." (1:02:35) - Salavat discusses the impact of AI on their software development process.
"Chaos is my nature. It's how I work, but I'm also trying to be orderly because it's necessity." (1:12:50)* - Salavat discussing his struggle to balance chaos and order in his work.***
"I think product market is probably, if I had to pick one, it would be this, everything else can be solved, by getting new people, trying new avenues of approaching the market, getting a new CFO, if something doesn't work. But if your product is a poor fit to the customer needs, yeah, it is. It's like, it's no brainer, right? Just build something people want. That's your market for business." (1:16:16) - Salavat emphasises the importance of product-market fit for business success.
ABOUT THE HOST
Meet Mike, a seasoned tech entrepreneur and visionary with over two and a half decades of invaluable experience in founding and scaling successful tech startups. Mike brings a wealth of firsthand knowledge and a deep understanding of the challenges faced by entrepreneurs and tech professionals.
As a host, Mike is dedicated to sharing actionable insights, strategies, and stories gathered from conversations with industry leaders, innovators, and experts. With a remarkable ability to distil practical wisdom from guests, Mike curates engaging discussions that resonate with both aspiring entrepreneurs and seasoned professionals.
ABOUT THE SHOW
Welcome to Mastering Tech Growth, where we dive deep into the strategies, challenges, and triumphs of scaling tech-driven ventures. Join us as we explore the dynamic world of technology businesses, uncovering the secrets behind successful growth trajectories. Each episode brings you candid conversations with founders and industry experts, sharing invaluable insights, proven tactics, and real-life stories. Whether you're a budding entrepreneur or a seasoned professional, discover the roadmap to navigating the complexities of scaling in the ever-evolving tech landscape.