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#138 S2 Episode 7 - Growing up Poor to Successful Founder with Two Exits with Marko Hozjan

/ 27:26/S2:E7
This episode of the Sales Transformation Podcast with Collin Mitchell features Marko Hozjan, Co-Founder and CEO of TAIA Translation. Realizing early on that entrepreneurial success can make or break your future is a powerful motivator for success. For someone with ambition, this means not resting on your laurels just because a business is deemed successful. This can mean starting a business on the side, but it can also mean exiting the business and starting another one that CAN scale. TAIA, Marko's most recent business, found its niche in B2B translation while also offering opportunities to scale big with machine learning. He shares how he pinpointed this gap in his industry, rose to the challenge, and created a solution.

HIGHLIGHTS

02:27 Realizing the importance of money and entering business very early

06:27 A business may be successful and yet not scalable

09:39 Knowing when to let go and make an exit 

14:30 Having a side business is the standard today

19:31 Founding TAIA, a software technology translation company

23:38 Finding the sweet spot of B2B demand and offering a solution

24:54 Connect with Marko

QUOTES

05:06 "Being poor actually means to suffer and out of suffering, in my belief, motivation thrives. So actually at those times, I believe I've gained something that I still have today, so a lot of motivation and especially motivation to grow."

15:58 "When you have a culture with values that embrace this, of course autonomy and just trust at the end and that people feel good and grow with you, then the risk of them leaving even if they have a good side business is low."

17:05 "There is a scientifically-proven fact that if your employee learns something new regardless of which field he learned it at, not something that he works on, the employee is going to get better at what they do at their job."

24:14 "It's a business service in the background. Translation is something that is not so interesting, so this is where we at the time, we saw that we found a sweet spot."

25:27 "If it's a game, if it's a product, if it's ecommerce site, if it's localized to a native speaker, there's a much higher probability of a sales being closed. Which means that all ecommerce or any international businesses are getting more and more aware."

Learn more about Marko in the link below:

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#138 S2 Episode 7 - Growing up Poor to Successful Founder with Two Exits with Marko Hozjan

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