Nikonomics - The Economics of Small Business

113 - How Constraints Built OpenPhone into a Thriving Business with Daryna Kulya


Listen Later

🚨MY NEWSLETTER https://nikolas-newsletter-241a64.beehiiv.com/subscribe 🚨

Join me, Nik (https://x.com/CoFoundersNik), as I speak with Daryna Kulya (https://x.com/darynakulya), founder of OpenPhone, a business phone system empowering over 50,000 businesses. Daryna shares how her personal frustration with expensive phone bills sparked the idea for OpenPhone. She explains how it’s more than just calls and texts, focusing on stronger customer relationships through automation and team collaboration. We discuss how OpenPhone provides a user-friendly, modern alternative to enterprise systems like Ring Central, emphasizing their focus on ease of use and customer experience. Daryna also talks about how they grew through scrappy bootstrapping and using channels like Facebook groups or Reddit, and the vision of OpenPhone as it evolves to be more than a phone system and more like a CRM to provide value for business owners.

Questions this Episode Answers:

  • How did a personal frustration lead to a business idea that now helps over 50,000 businesses?
  • What makes OpenPhone different from other phone systems, and how does that help small business owners?
  • How can a company grow without spending a lot of money on advertising?
  • Why can 'bootstrapping' be a good thing for a startup?
  • How can technology (AI) help a business improve customer relationships without being complicated?

Enjoy the conversation!
__________________________

Love it or hate it, I'd love your feedback.
Please fill out this brief survey with your opinion or send me an email at [email protected] with your thoughts.
__________________________

MY NEWSLETTER: https://nikolas-newsletter-241a64.beehiiv.com/subscribe
Spotify:
https://tinyurl.com/5avyu98y
Apple: https://tinyurl.com/bdxbr284
YouTube: https://tinyurl.com/nikonomicsYT
___________________________

00:00 Intro
01:40 From Constraints to Creativity
02:59 The Evolution of OpenPhone
10:08 Blurring Lines: Phone Systems and CRMs
20:43 The Importance of Communication in Business
24:05 The Journey of OpenPhone's Creation
29:18 From Idea to Product: The Early Days
30:44 Bootstrapping vs. Raising Funds
34:03 Scrappy Customer Acquisition Strategies
40:12 Passion for Product and Customer Experience
44:58 Future Aspirations and Company Vision

...more
View all episodesView all episodes
Download on the App Store

Nikonomics - The Economics of Small BusinessBy Nikolas Hulewsky

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

61 ratings


More shows like Nikonomics - The Economics of Small Business

View all
The Side Hustle Show by Nick Loper of Side Hustle Nation | YAP Media

The Side Hustle Show

1,596 Listeners

Built to Sell Radio by John Warrillow

Built to Sell Radio

210 Listeners

Founders by David Senra

Founders

1,857 Listeners

Noah Kagan Presents by Noah Kagan

Noah Kagan Presents

905 Listeners

The Home Service Expert Podcast by Tommy Mello: $200 Million Founder|Forbes, Inc., Entrepreneur Columnist

The Home Service Expert Podcast

737 Listeners

The Fort by Chris Powers

The Fort

472 Listeners

The Pomp Podcast by Anthony Pompliano

The Pomp Podcast

1,829 Listeners

My First Million by Hubspot Media

My First Million

2,612 Listeners

Acquisitions Anonymous - #1 for business buying, selling and operating by Bill D'Alessandro, Mills Snell, Heather Endresen, and Michael Girdley

Acquisitions Anonymous - #1 for business buying, selling and operating

244 Listeners

Acquiring Minds by Will Smith

Acquiring Minds

242 Listeners

The UpFlip Podcast by UpFlip

The UpFlip Podcast

249 Listeners

The Startup Ideas Podcast by Greg Isenberg

The Startup Ideas Podcast

183 Listeners

OPERATORS by OPERATORS

OPERATORS

45 Listeners

The Koerner Office - Business Ideas and Small Business Deep Dives with Entrepreneurs by Chris Koerner

The Koerner Office - Business Ideas and Small Business Deep Dives with Entrepreneurs

138 Listeners

Moneywise by Hampton

Moneywise

646 Listeners