Ivan Kroshnyi is an entrepreneur and Co-Founder of a group of companies. He is also an investor, business scaling and networking expert who focuses on improving investments and businesses.
We got to interview him about Kucher ECO, a company that produces electric motorcycles and e-bikes. Igor Kucheryavenko started Kucher ECO in 2021, and Ivan Kroshnyi has an ambitious goal to make Kucher ECO a network of eco-friendly two-wheelers.
Learn more about Ivan Kroshnyi and Kucher ECO through our interview below:
Explain the background of you and the company in detail.
Kucher ECO is engaged in the production of electric motorcycles and e-bikes. Having started as a local business, it succeeded in becoming a large international project in less than a year. Igor Kucheryavenko is its founder, and I am its main investor and business mentor. Being an experienced investor, I always think long and hard before making my final decision on where to invest. With Kucher ECO, I knew that this project would pay off, and it did.
In the beginning, Igor approached me as he was looking for a mentor. By that time, his startup was already up and running. The company had a small production with occasional sales. Meanwhile, the owner needed more money to expand the product line and scale up the business. I invested a little more than one million dollars for the duration of 1 year.
Today, the company has already made it to the global market and keeps evolving rapidly. There is a growing demand for Kucher ECO’s products since the eco-transport niche has great prospects, and this trend will only continue. Today’s world seeks to eliminate harmful emissions and is switching to safer transportation. This is why our green bikes are not only environmentally safe but also cost-efficient for consumers.
What are your goals?
The company’s mission is to turn two-wheeled eco-friendly vehicles into popular and affordable means of transportation while positively impacting the environment. It has an ambitious goal to evolve into the largest network of two-wheeled eco-friendly transport and design products that will be able to replace gas-powered vehicles.
What is your and your company’s biggest strength?
What makes our company stand out is its unique technologies and features. Unlike similar models available in the market, electric bikes and motorcycles by Kucher ECO are heavy-duty. They have a very high cruising range and excellent speed, all of which are instrumental to electric vehicles. Aside from that, they have a high-quality charging system.
The company’s product line ranges from bicycles to electric sports motorcycles suited for both active leisure and daily use as an alternative to gas-powered vehicles.
What was the path you took to get to where you are today?
I realized very early in life that it’s crucial to find where to invest if you wish to make your money grow and generate passive income. With that in mind, I got into investing when I was only 16 years old once I started earning my very-first money selling computer equipment.
I have built up my investment portfolio step by step ever since. Today, I have an investment fund in the Czech Republic. It deals with projects linked to residential real estate development. Aside from that, I have invested in a chain of high-end coffee shops named Roasters in the United Arab Emirates. And now, it’s an eco-friendly transportation niche.
You can learn more about my projects and businesses on my website and social media: Twitter, Facebook, and LinkedIn.
Why did you start this company?
I did not decide to invest in Kucher ECO right away. First, Igor Kucheryavenko joined my business mentorship program. We went through every detail of his project and analyzed it thoroughly. He demonstrated all of the key figures and the plans he had. That’s when this project sparked my interest. Before making the final decision to invest, I checked other market players operating in the same niche and concluded that Igor’s company had obvious advantages. This, in turn, will let his products win the market before we know it.
Give us one word that describes you the best.
Reliability
What makes you excited about Mondays?
Pretty much the same things as on any other day: a chance to live, act, accomplish my goals and be content with everything I do.
What do you value most about your culture and vision?
The values I appreciate most in business and life are integrity, authenticity, responsibility, the ability to stick to one’s words, and being passionate about what you do. Building personal and business relationships with someone with these qualities is easy.
What are your company’s strategies, and how do they stand unique from your competitors
Our company’s unique feature lies in mutually beneficial partnerships. I see it as a chance to find a strong ally, a fellow thinker, someone to build a joint business with, a person who will complement it with their own resources, connections, and ideas. I believe that partnership always enhances a business while creating a much-needed synergy.
As a matter of fact, I run practically all of my businesses in partnership. This helps me become much stronger and evolve a lot faster. That being said, it’s crucial to pick the right partner—not just someone who is wondering where to invest in but a person whose values and principles are similar to yours and who has the necessary resources to bring to the table in a joint venture. Igor and I have nurtured an excellent business partnership where we share core life values and complement each other. He has a solid business plan and unique technologies, while I have relevant experience in business scaling, necessary connections, and funds to offer.
What are the key values which helped you to overcome the roadblocks/challenges in your career? Tell us something about your memorable incident in your leadership.
I believe that knowledge and skills are not the only things you need to succeed in business. You should also possess certain character traits and have core values such as determination, confidence in yourself, trainability, and the ability to adapt. In the rapidly-changing world, we face challenges every day, and in order to be able to overcome them, you have to quickly adapt to new realities and always learn. Aside from that, you have to build self-confidence while keeping your eyes on the goal.
How do you see the company changing in two years, and how do you see yourself creating that change?
I am sure that Kucher ECO will be a huge success. We currently run 30 stores offering green vehicles, including 25 partner stores around the globe. In the near future, we plan to open another store in Dubai, building a factory to produce our eco-friendly bikes in Indonesia and achieve a 10-million turnover in 2022.
Where is your leadership going? What benefits do your clients get from your company in this competitive world?
The niche of eco-friendly vehicles has untapped potential. The two-wheeled transport sector has no Elon Musk or its own globally known “iPhone”, if you know what I mean. This is what gives Kucher ECO an unprecedented opportunity to evolve into an industry leader, and we put our best foot forward to make it happen.
For those who wish to build an eco-transport business and wonder where to invest, we have a franchise which means you can open bike shops under the Kucher ECO brand name. This is a ready-made and very promising business with anticipated returns totalling over $40,000 per season and a payback period from 13 to 18 months. We have already opened 25 partner stores in various countries worldwide, and they are operating successfully.
What are your company’s services/solutions or products on par with the current industry standards? Tell us something about your upcoming products or services.
The company constantly updates and improves its model range so that our products are even more durable, functional, and convenient. We continue expanding our product line and plan to win international markets as we strongly believe that the future belongs to sustainable transport.