FT Start-Up Stories

Series 2: The ice breakers 7/10

Apr 11, 2016
John Lynch, a dynamic entrepreneur who relocated from Connecticut to Krakow in 1991, shares his incredible journey of establishing a corporate clothing company in the challenging post-communist landscape. He discusses the cultural nuances of hiring in Central Eastern Europe and the importance of fostering a supportive workplace. John reveals the power of employee loyalty during a hostile takeover, illustrating how solidarity can empower businesses. Additionally, he emphasizes the critical role of ongoing education and team investment in achieving success.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
ANECDOTE

T-Shirts Launched The Business

  • John Lynch and a partner bought 500 plain T‑shirts, had them printed and sold them in tourist shops to test demand.
  • They made about $1,500 in two weeks, which validated the business and financed early living costs.
INSIGHT

Infrastructure Gaps Forced Creative Operations

  • Poland's market lacked basic business infrastructure a year after communism, forcing entrepreneurs to improvise.
  • Lynch lists problems like phone shortages, no couriers and slow postal delivery that changed logistics and operations.
ANECDOTE

Deliveries Made By Hand

  • With only one telephone line for a growing company, Lynch's team had to drive and use trains to deliver orders.
  • The Polish post took 21 days, so employees physically delivered products across the country.
Get the Snipd Podcast app to discover more snips from this episode
Get the app