Calling all small business warriors who feel chained to their business! Do you run your business or does your business run you? You’ve poured your blood, sweat and tears into it and it is time to set yourself free. I’m Bobby Mascia – owner of a wealth management firm, family office, manufacturing business, 18 store Dunkin Franchise, and de facto business coach. My goal? To liberate your business— whether it be operationally, prep for a sale, a legacy handover, or self-management. The roadmap to this freedom is something we will uncover together in Business Unchained.” Join me as I learn about fellow entrepreneurs, dissecting their past, present, and future.
Iliya Zogovic
Iliya Zogovic is the Founder and Managing Partner of DBD Partners, bringing extensive experience in investment banking and corporate growth. Previously, he served as CEO of ONEtoONE Corporate Finance USA, where he successfully launched and led the U.S. division to become the bank’s most profitable branch in under four years. Before that, Zogovic was President and CEO of EMG & GSP, a major sales and marketing organization in Mexico and Central America, growing it into a global operation with over 10,000 employees.
Reference Links:
Iliya Zogovic Social Media
Episode Highlights:
Imagine running a business forever, knowing that the key to true success isn't just selling, but buying — buying a thriving business at 27, taking the helm, and steering it to even greater heights. What does that kind of bold vision look like? For many entrepreneurs, it’s a dream come true, and one that sets them apart. But how do you get there?
In this episode of Business Unchained, host Bobby Mascia is joined by Iliya Zogovic, a seasoned entrepreneur and investment banker, to explore the intricacies of entrepreneurship, business management, and the vital role financial acumen plays in building a successful company.
(00:01) ”I started working when I was still in college. I eventually ended up buying that business when I was 27. The most successful people are the ones who look at businesses holistically; you need to understand your strengths and weaknesses.”- Iliya Zogovic
(08:13) “At one point, we had around 10,000 employees across Mexico and Central America. That creates, I would like to say, one issue a day, but it's really like 100 different bombs that explode every single day.”- Iliya Zogovic
(44:35) “Run your business like you were going to run it forever because great companies are bought, they're not sold”- Iliya Zogovic
The decision to sell a business is often fraught with emotional challenges, especially for entrepreneurs who have dedicated decades to building their companies. Iliya stresses the need to address these emotional concerns early in the process to ensure a clear and balanced decision.
(54:13) “Stop comparing yourself against others. Think about how this changes your life and how that moves you.”- Iliya Zogovic
By following Iliya’s insights, entrepreneurs can better navigate the complexities of their business journeys, ensuring long-term success and personal fulfillment.
In this episode:
About Jahaan Ansari
Jahaan Ansari is the co-founder and CTO of Gainful, a company that personalizes nutrition to help people reach their fitness goals. Jahaan studied chemical engineering and computer science at UC Berkeley, where he co-founded Gainful as a college senior with his high school friend Eric Wu. With a passion for health and wellness, Jahaan integrates his technical expertise with innovative fitness solutions, focusing on personalization and science-backed strategies.
In addition to his work at Gainful, Jahaan advocates for mental and physical well-being. He shares his favorite tools and practices, such as personalized workout apps, group fitness classes, cold plunging, and mindfulness techniques, to inspire others to lead healthier lives.
Reference Links:
Jahaan Ansari Social Media
Episode Highlights:
What does turning a dorm room idea into a nationwide success story take? How do you balance bold ambition with the wisdom to say “no” to distractions? And what role does trust—between co-founders, experts, and customers—play in building a brand that lasts?
In the latest episode of “Business Unchained,” host Bobby Mascia sits down with Jahaan Ansari, the co-founder of Gainful, a personalized nutrition brand. Jahaan shares the journey of Gainful from its inception in a college dorm to partnering with major retailers like Target. The discussion covers the challenges and successes faced by the founders, the importance of solid partnerships, and the evolution of the business. The co-founder emphasizes the significance of scientific backing, the scrappy early days, and the critical skill of saying no. The episode also touches on the operational transition as the company scaled and the importance of building a talented, trustworthy team.
(13:49) I remember my friend saying, “You know what’s going to be really funny is when you look back, and you have a billion-dollar company, and you look back at this moment,” and I kind of got goosebumps just talking about that.”- Jahaan Ansari
Gainful’s journey began in a college dorm kitchen, where the co-founders, Jahaan and Eric Ji Sun Wu, handmade the first 50 orders. Despite the lack of FDA compliance in those early days, their determination to create a scientifically-backed product was unwavering. They hired a dietitian from the outset to ensure the nutritional value of their products, providing customers with peace of mind.
(21:00) “I’m so lucky to be working on a business that I’m passionate about, and Gainful is absolutely my baby. It will always be my baby and always be Eric’s baby.”- Jahaan Ansari
As Gainful grew, Jahaan learned the critical skill of saying no. He advises aspiring entrepreneurs that trying to do everything can lead to failure. This lesson was vital in maintaining focus and ensuring the company’s success.
(24:07)”I spent most of my 20s working on Gainful, and it felt like the perfect opportunity to step away and really focus on something else very important to me: finding that partner and someone to enjoy the rest of my life with.”- Jahaan Ansari
A pivotal moment in Gainful’s journey was its partnership with Target, which allowed it to become the first nutrition brand to offer a personalized experience in retail. This opportunity was not a pitch from Gainful but rather an invitation from Target, which recognized the British potential to innovate the supplement aisle.
This episode provides a rich exploration of the entrepreneurial experience, emphasizing the importance of adaptability, which recognizes strategic decision-making in the pursuit of success. Following Jahaan’s insights and actionable advice allows aspiring entrepreneurs to navigate their journeys with greater confidence and clarity.
