The Nickolas Natali Show

10 Figure Business Advice With Zarik Megerdichian

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Zarik Megerdichian, a visionary entrepreneur, shares his journey from fleeing conflict zones to building one of North America's largest wholesale printing companies. He emphasizes the importance of growth through acquisition and the power of turning adversity into opportunity. Zarik's story highlights the significance of resilience, innovation, and the support of a spouse in entrepreneurship. He also discusses the importance of quality, customer care, and strategic decision-making in scaling a business. Zarik Megerdichian, the founder of 4Over, shares his journey of building a successful printing business and his latest venture, Loop8. He emphasizes the importance of delegation, trusting your team, and being ready to make mistakes in order to expand your business. Zarik also discusses his exit strategy and the key factors to consider when selling a business. He shares insights into the inception of Loop8, a passwordless system that uses biometrics and personal authentication to enhance security. Zarik's belief in the power of innovation and giving back shines through in his entrepreneurial journey.

Takeaways

  • Growth through acquisition can be a powerful strategy for expanding a business.
  • Resilience and innovation are key qualities for success in entrepreneurship.
  • Quality and customer care are crucial for building a strong reputation and attracting customers.
  • Having a supportive spouse who understands the entrepreneurial journey can be invaluable.
  • Surrounding yourself with positive people and not giving up easily are important for overcoming challenges.
  • Listening to advice and learning from others' experiences can be beneficial in shaping your own journey.
  • Delegation is crucial for business expansion. Trusting your team and empowering them to make decisions is key.
  • Being ready to make mistakes is part of the growth process. Learn from them and coach your team to avoid repeating them.
  • Innovation and giving back are important aspects of a fulfilling life. Find ways to make a positive impact and help others in your entrepreneurial journey.


    • Chapters

    00:00 Growth Through Acquisition: A Path to Success

    08:22 Resilience and Innovation: Turning Adversity into Opportunity

    14:19 The Power of Quality and Customer Care

    19:29 Strategic Decision-Making: Delegating and Avoiding Micromanagement

    21:56 The Importance of a Supportive Spouse in Entrepreneurship

    26:04 Surrounding Yourself with Positive People and Not Giving Up

    33:39 Learning from Others' Experiences: Listening and Applying Advice

    38:47 Making Good Decisions: The Key to Business Success

    37:26 Building a Threatening Business

    50:32 Revolutionizing Security with Loop8

    01:03:43 Innovation and Giving Back


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