Alexei Beltyukov is someone who’s dedicated to business and helping others succeed in it. He especially knows how important it is to educate and encourage young people to solve problems so he recently joined Solvy, a platform for high school students to use for solving math problems.
It allows teachers to assign problems that have been generated by Solvy’s software, and students then have to write out the formula to solve them. The goal of the program is to not just have students find the right answer, but to coach them on the process they take to get there.
For Alexei Beltyukov, the journey he took to become successful in business has been a long and arduous one. He actually started out as a physician in Russia, a career that you might have thought would have a high income and afford him all the finer things in life.
But communism controlled the economy and he made very little, and things got even worse when the Soviet Union collapsed in 1990.
So he looked for other means to generate income from teaching in schools, translating documents, selling prescription drugs for pharmaceutical companies and even selling pepper sprays. But he found another path when he heard about a business program at INSEAD University.
Alexei Beltyukov graduated INSEAD Business School in the early 2000s and started out as a consultant for various companies. He wanted to raise capital to start his own businesses, but he had difficulty doing so.
He eventually started working for a Russian business magnate who put him in charge of several companies that he was tasked with turning into profitable subsidiaries of the businessman’s company. It was a tough task, but Beltyukov was able to start raising their value and selling them off. Learn more about more Alexei Beltyukov: http://ireport.cnn.com/docs/DOC-1216829
In 2008 Beltyukov started Mechanicus, a Russian-owned auto repair shop chain. The company did well at the outset but had to scale back when the financial crisis of 2008 hit. He also started New Gas Technologies, a petroleum manufacturer and refinery company.
This company had a lot more success, and as a result Alexei Beltyukov has become highly respected in the Russian business community. He also has started two venture capital suppliers, A-ventures and Endemic Capital and is also an advisor to the Russian government at the Skolkovo Foundation.