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Personal growth after heart attack, mergers & founder pressures - Rems Grinsteins Co-Founder at Baltic Software Factory

Updated: Feb 26

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We tend to hear two kinds of start-up stories: ether someone just made a deal of their lifetime or scammed people to grab as much money as possible. But what happens in the middle of this ocean? What are the struggles of founders that may damage not only the company but even lead to a heart attack of years 40-year-old entrepreneur? And what about small wins - do we even know how to see and appreciate them?

In this episode, Cocoon Program CEO Farhad Niyoz talks with the Co-Founder at Baltic Software Factory Rems Grinsteins. Listen to Rems' experience and inner struggles with merging his company with his best friend's business and how he is overcoming power struggles within himself after being the only boss for many years. Rems opens up about what happens when you ignore your authenticity as a human being. He talks about his heart attack at the age of 40 and how he committed to soul-searching and taking care of his mind before anything else. He talks about the benefits of meditation, key loopholes of making a change within oneself, and balancing the so-called “robot, perfect entrepreneur” life with being more human every day. Listen to hear an honest, vulnerable, and brave conversation between two founders searching for their inner power particles.

Overview of the topics: 1:11 Welcome Co-Founder at Baltic Software Factory Rems Grinsteins

2:26 Merging a business

4:50 Transforming from sole CEO to multiple decision-makers

6:44 Small company reality check: dividing roles and becoming a sales lead

11:10 Power of clearly defined motivation for leader

13:45 Selling your team, attitude and work ethic instead of uniqueness

17:44 Constant push to make money

21:18 Overcoming the pressure of being half million in debt to friends

23:12 Rems story of having a medically unreasonable heart attack at the age 40

29:02 Turning inner lessons from near-death experience into action as a founder

34:50 Changing inner approach: benefits of practicing daily meditation

37:41 Difference between being ready to change and just wanting to

41:47 The most honest and important question to ask yourself

45:23 Breaking stereotype of being “entrepreneur - emotionless robot”

51:47 Complicity of balancing “robot” lifestyle with simply being a human

54:09 Beauty of being a human: Accepting the past and fearing the future

1:01:50 Farhads key takeaway from conversation with Rems

Welcome to the Inner Power Particles podcast. Here we talk with entrepreneurs and leaders about their challenges and lessons learned to improve their inner strength. We do this to share their journey and knowledge with you so that you can improve as a leader and a person. Resources: To learn more useful tools for CEOs and C-level managers ➡️


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Farhad Niyoz is the CEO of Cocoon.




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