Episode Overview
“Six years in we’re still pivoting.” – Yona Shtern, Founder and CEO of of Beyond the Rack. Although Beyond the Rack is now one of Canada’s most successful startups, it wasn’t clear from the beginning that the business would survive. After the lead in their first investment round backed out, Shtern thought the whole thing might crumble. He spent $3,000 of his dwindling budget to fly to Zurich to meet with an interested investor. It was a gamble that paid off big time. This is reflected in the wisdom he wants to impart on the next generation: “Persevere and don’t give up. If you see an opportunity…don’t leave anything on the bench.” In this episode of the Startup Canada Podcast with host Rivers Corbett, Shtern talks about proving concept, growing a business and maintaining a strong co-founder relationship.
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