POV: moving from Dubai to Poland as a 23yo entrepreneur

By David Ondrej

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Key Concepts

  • In-person Office vs. Remote Work: The shift from a fully remote business model to establishing a physical office.
  • Startup Success Factors: The importance of market demand, solving real problems, and building a monopoly.
  • Economic and Social Environment: Evaluation of Poland as a business location and criticisms of Dubai.
  • Personal Productivity and Well-being: Strategies for maintaining focus and the impact of environment and lifestyle choices.
  • Mindset and Failure: The role of perspective in overcoming setbacks in entrepreneurship.
  • Business Stagnation and Pivoting: The challenges of slow growth and deciding when to change direction.
  • Learning and Information Processing: The use of books and AI tools for knowledge acquisition.
  • Decision-Making in Startups: The critical importance of decisive action for founders and CEOs.

Transition to an In-Person Office and Business Strategy

The speaker is considering this vlog as potentially his last from Dubai due to a significant shift in his business strategy: the establishment of an in-person office. While all his businesses have been remote, he desires to bring his team together in a single location. He identifies Poland as the most suitable country in Europe due to its rapid economic growth post-COVID, safety, low immigration, and entrepreneurial spirit, contrasting it favorably with the Czech Republic where he notes a perceived lack of "hustle" among the population, citing the example of Czechs traveling to Poland for flights due to less efficient airports.

The realization that prompted this move stemmed from research into startups achieving unicorn status ($1 billion valuation). He discovered that "over 99% of startups that reached $1 billion made it with a locked in in-person team," highlighting this as a strong, consistent pattern. This data led him to question how much more focused his already dedicated remote team could become if physically co-located.

Key Learnings from Building an AI Company

Over 12 months of building an AI company, the speaker emphasizes the paramount importance of "build[ing] what the market wants" and solving "a real problem that people will pay money for," rather than creating "fancy technology that nobody needs." He references Jensen Huang, CEO of Nvidia, advising to "always start with the highest importance work first."

Drawing from startup literature, particularly Peter Thiel's "Zero to One," the speaker advocates for building a monopoly by creating something "10x better than anything else." He argues that competing broadly leads to price undercutting and lack of profitability, whereas a monopoly allows for genuine profit generation.

Dubai: Environment and Lifestyle

The speaker discusses his current location in Dubai, mentioning a visit to the Nequil Mall to see "The View," a vantage point offering a panoramic sight of the Palm Jumeirah. He practices changing scenery throughout the day, including visits to cafes or restaurants, to enhance productivity, especially after intense "60 minutes, 90 minute deep work" sessions.

Criticisms of Dubai

Despite its benefits, the speaker expresses dissatisfaction with Dubai, primarily citing:

  • Traffic: Described as "terrible," especially in busy areas like Downtown and Marina.
  • Air Quality: He notes that the air quality is often poor, with an Air Quality Index (AQI) around 150-200, which is considered unhealthy. This poor air quality obstructs visibility, preventing him from seeing the Burj Khalifa on days with high pollution, and can lead to physical discomfort like sore throats.

Personal Philosophy and Relationships

The speaker articulates a deep passion for work, stating, "I would hate not working." He finds the idea of being forced to relax for extended periods, like "lay[ing] on the beach for 7 days," to be an unbearable prospect.

Views on the Dubai Dating Market

Regarding the dating scene in Dubai, he observes a prevalence of "beautiful women" but a lack of potential partners for long-term relationships or marriage. His experience suggests that individuals seeking quality relationships often "import their women" from Central Eastern Europe. He believes that women arriving in Dubai can be negatively influenced by the city within a short period.

Impact of Relationships on Business Scaling

The speaker firmly believes that a girlfriend would not help scale his business, unless she were an exceptional individual like "Leila Hormosi." He argues that most personal needs that a partner might fulfill, such as cleaning or ordering food, are already outsourced or managed.

He outlines a strict approach to dating: "I don't talk to any women except for my future wife." This means he disengages from any woman he determines is not a potential life partner, viewing this as a significant strength that saves considerable time and energy often spent on texting and dating individuals with no long-term prospects.

Productivity Hacks and Community

The speaker shares an anecdote about improvising a standing desk in his Airbnb using a microwave and a Monopoly box, emphasizing the importance of standing up to combat prolonged sitting.

He highlights the benefit of networking in Dubai, mentioning a recent meeting with a New Society member at the Armani Hotel. He promotes "The New Society" as a community for individuals serious about AI, cutting-edge technology, and building businesses in the field, encouraging interested parties to join, as he travels frequently and may visit their country.

Sports and Diet

His preferred sports vary by location: mountain biking in the Czech Republic is a daily favorite, and he used to enjoy trampolining. He also mentions football in the Czech Republic.

His diet consists of "at least one, but usually two" steaks daily, with a preference for heavy salting, believing that "you can see it's not salty enough" in many dishes. He considers steak and eggs to be "superfoods" and the "two best foods in the world," aiming to derive most of his daily calories from them.

Future Plans and Challenges

The "next big step" for the speaker is launching the in-person office in Warsaw, moving his team there, and intensifying his efforts.

Reasons for Business Failure

He attributes most failures to "mindset." He defines failure not as an event but as labeling it "as the end," leading individuals to return to traditional employment. He argues that even a failed startup provides invaluable learning experiences, enabling better future decisions. He believes that persistence and a refusal to give up transform setbacks into stepping stones.

The Biggest Business Challenge

While moving to Warsaw might seem like a significant hurdle, the speaker identifies a more pressing issue: his software company, Vectal, has been experiencing stagnating revenue around $10,000 MRR for half a year. The slow growth is attributed to challenges in identifying the ideal target customer and determining which features the market truly desires. The company has shipped many features that went unused, requiring their removal, which consumes significant time. The hardest decision he faces in the next 1-3 months is whether to "hard pivot" or launch a new software company, as there is "no clear answer" in such situations, unlike more straightforward business decisions like working harder or firing underperformers.

Habits and Advice

Recent Habits

The speaker has recently increased his reading significantly, consuming more books in the past three weeks than in the entire year prior. He actively uses "GBD5 Pro" (likely a reference to a powerful AI model) for active learning. He poses questions to the AI about common startup founder mistakes, allowing it to "think" for extended periods. He then uses this AI output to deepen his understanding of the material he reads, facilitating better internalization of information.

Best Recent Advice

The most impactful recent advice he received is that "startup founders and CEOs cannot hesitate." He describes situations where founders face two difficult and "terrible" choices. The worst course of action is indecision and delaying the problem. This advice comes from Ben Horowitz of Andreessen Horowitz. The core message is to "pick one and move fast. Do not hesitate. Do not delay it."

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