Joining us today is Vadim Fedotov, former elite athlete turned visionary entrepreneur and founder of Bioniq, a world leading supplement brand that tailors to your individual health needs. Reaching extraordinary success, Bioniq has managed to attract the likes of some of the world's greatest athletes, such as Diogo Dalot & Cristiano Ronaldo. novation that’s transforming the wellness industry.
00:00 Introduction
01:37 Vadim's background: from migrating to Germany for national basketball
04:32 How four torn ACL’s changed Vadim’s trajectory forever
05:54 Balancing college basketball and academics (emphasis on business)
08:06 Transition from top German athlete to humbled U.S. college player
10:08 Talent vs. hard work in sports and life lessons
11:42 Shift from sports to corporate life; the challenges of job hunting
14:15 How internships lead to career opportunities
17:09 Key Lessons from sports: dedication and work ethic in business
18:16 Handling physical setbacks; disciplined work mindset
19:38 Joining Groupon, rapid growth, and becoming the youngest CEO
21:48 High-pressure growth strategies and corporate lessons
23:08 Realising value and drive to create something impactful
24:08 Founding Bioniq: passion for health and education
25:27 Early investments and learning through failures
27:25 Finding a health market gap and Bioniq’s early concept
31:30 Developing Bioniq’s pilot and validating through feedback
36:18 Success of pilot, UFC partnership & London launch
37:49 Bioniq’s science-backed, personalised supplement approach
42:07 Founding team dynamics and startup challenges
45:00 Bioniq’s pricing strategy and perceived value
50:32 Launch of Bioniq Go for wider reach & use
53:34 Customer feedback and ongoing data collection
59:48 Scaling challenges, especially in U.S. market entry
1:04:28 U.S. marketing and brand-building strategies
1:09:44 How Diogo Dalot got involved with Bioniq
1:10:02 The big story behind Cristiano Ronaldo investing in Bioniq
1:24:44 Why Mike invested in Bioniq back in 2021
1:27:11 Does CR7 Watch First Things THRST?!
1:32:13 Bioniq’s long term vision for personalised health
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