From Developer to Visionary: The Entrepreneurial Journey of Myroslav Koval

Myroslav Koval is a seasoned tech entrepreneur and business leader based in North Miami Beach, Florida. With a solid technical background and extensive experience in the technology sector since 2018, Myroslav has successfully launched and scaled multiple startups, growing them to teams of up to 30 employees. His professional journey combines technical expertise with business acumen, allowing him to excel in building and scaling digital businesses. Recently, he has enhanced his skills through advanced courses in Project Management and Business Analysis from IAMPM and React Native development from Coursera, demonstrating his commitment to continuous growth and learning.

Q 1: What motivated you to transition from development to entrepreneurship in the tech industry?

A: My journey into entrepreneurship was a natural evolution of my passion for technology and problem-solving. I started as a developer, which gave me a strong technical foundation, but I quickly realized that I could make a broader impact by creating and leading tech businesses. The entrepreneurial path appealed to me because it combines creativity, strategic thinking, and the opportunity to build solutions that address real market needs. The challenge of taking an idea from concept to a successful business, while building teams and fostering innovation, is what continues to drive me every day.

Q 2: How did you approach scaling Techlexity from a one-person operation to a team of 30+ professionals?

A: Scaling Techlexity from just myself to over 30 employees was both challenging and rewarding. I focused on three key areas: talent acquisition, culture development, and sustainable growth. First, I prioritized finding senior-level professionals and industry experts who shared my vision. Quality always trumped quantity in our hiring process. Second, I invested time in establishing a strong company culture based on innovation, collaboration, and continuous learning. Finally, I ensured our growth was sustainable by carefully balancing new client acquisition with our capacity to deliver exceptional work. Clear communication, delegating responsibilities effectively, and maintaining our technical excellence throughout the scaling process were crucial to our success.

Q 3: What inspired you to create Leadtower, and how does it address challenges in the sales landscape?

A: Leadtower was born from my observation that many businesses struggle with effective LinkedIn outreach and sales automation. I saw an opportunity to create a SaaS solution that would streamline these processes and drive better results. The platform automates routine outbound processes while maintaining the personal touch that's essential for successful sales relationships. What inspired me was seeing how much time sales teams waste on repetitive tasks instead of focusing on meaningful conversations and closing deals. Leadtower addresses this challenge by providing intuitive automation tools that help businesses sell more effectively through LinkedIn, ultimately leading to increased conversion rates and more efficient sales operations.

Q 4: How does your technical background influence your approach to business leadership?

A: My technical background has been invaluable in my approach to business leadership. It allows me to bridge the gap between technical teams and business objectives, which is often a challenge in tech companies. I can speak both languages – understanding the technical constraints while keeping sight of business goals. This background helps me make more informed decisions about product development, resource allocation, and technology investments. I also find that my development experience gives me credibility with technical teams and enables me to set realistic expectations and timelines. Perhaps most importantly, my technical mindset encourages an analytical, problem-solving approach to business challenges, which has proven effective in scaling multiple companies.

Q 5: What strategies do you use to stay current with rapidly evolving technology trends?

A: Staying current with technology trends is essential in our fast-paced industry. I employ several strategies to keep my knowledge up-to-date. First, I dedicate time each week to reading industry publications, technology blogs, and research papers. I also participate in online communities and forums where developers and tech leaders discuss emerging technologies. Taking courses regularly, such as my recent React Native Developer certification from Coursera, helps me gain hands-on experience with new tools and frameworks. Additionally, I maintain relationships with other tech leaders and regularly exchange insights and observations. Finally, I encourage a culture of learning and knowledge-sharing within my teams, which means I'm constantly exposed to new perspectives and technologies through my talented team members.

Q 6: How do you approach building and maintaining company culture across your ventures?

A: Building and maintaining company culture is something I take very seriously across all my ventures. I believe culture is the foundation of any successful business. My approach centers on clear values and leading by example. I establish core values early and make them central to all aspects of the business – from hiring decisions to daily operations. Open communication is essential, so I create environments where team members feel comfortable sharing ideas and feedback. I also emphasize recognition and celebration of achievements, which builds camaraderie and motivation. Regular team events, both professional and social, help strengthen relationships. Perhaps most importantly, I view culture as something that needs constant attention and refinement – it's never "done." As companies grow, I work to ensure the culture evolves while staying true to its core principles.

Q 7: What has been your most challenging business moment, and how did you overcome it?

A: My most challenging business moment came during the early days of scaling Techlexity. We had secured several major clients simultaneously, which was exciting but stretched our resources to the limit. The challenge was maintaining quality while growing rapidly, and at one point, we risked disappointing clients due to bandwidth constraints. To overcome this, I implemented several strategies: First, I personally stepped back into a more hands-on role temporarily to help deliver on commitments. Second, I accelerated our hiring but maintained our high standards by leveraging my network for referrals. Third, I improved our project management processes to maximize efficiency. Finally, I had honest conversations with our clients about timelines, which actually strengthened those relationships. The experience taught me valuable lessons about sustainable growth and the importance of robust systems that can scale with the business.

Q 8: How do you approach investment decisions, both as an entrepreneur and as an investor?

A: My approach to investment decisions is guided by both analytical assessment and intuition developed through experience. Whether I'm considering investments for my own ventures or as a stakeholder in other projects, I look for a clear value proposition that addresses a genuine market need. The team is equally important – I evaluate their expertise, commitment, and ability to execute. Financially, I analyze the unit economics, potential for scaling, and path to profitability. From a technical perspective, I assess the technology stack and its ability to support growth and innovation. My technical background gives me an advantage in evaluating the feasibility and sustainability of tech-driven businesses. Ultimately, I believe in balancing risk with potential reward and investing in areas where I can add value beyond capital, such as my experience as CTO and business leader.

Q 9: What advice would you give to developers looking to transition into entrepreneurship?

A: For developers looking to transition into entrepreneurship, I'd advise starting with a strong foundation in your technical skills while gradually developing business acumen. Begin by taking on leadership roles in your current position, even if small ones, to gain experience in guiding others and making strategic decisions. Seek mentors who have made similar transitions and learn from their experiences. Take courses in business fundamentals, marketing, and financial management – I found these complementary skills invaluable. Start small with side projects that allow you to experience the full entrepreneurial cycle with minimal risk. Network actively with both technical and business professionals to build relationships that will support your venture. Finally, embrace failure as learning – my journey wasn't without setbacks, but each one provided crucial lessons that ultimately contributed to my success.

Q 10: What are your future goals, and how do you envision the next phase of your career?

A: Looking ahead, my goals center around continued innovation and expansion in the tech sector. I'm particularly interested in exploring how artificial intelligence and automation can transform business operations across industries. I plan to grow my existing ventures while remaining open to new opportunities that leverage emerging technologies. I'm also passionate about mentoring the next generation of tech entrepreneurs, especially those transitioning from technical roles to business leadership. In terms of personal development, I'm committed to deepening my expertise in business strategy and international market expansion. Ultimately, I envision creating a ecosystem of complementary tech businesses that solve significant challenges while providing meaningful work environments for talented professionals.

About Myroslav Koval

Myroslav Koval is a tech entrepreneur with a proven track record of building and scaling successful digital businesses. With a strong technical background and experience managing technology businesses since 2018, Myroslav has founded multiple companies, including Techlexity and Leadtower. His expertise spans team leadership, business strategy, product development, and sales optimization. Fluent in English, Ukrainian, and Russian, Myroslav combines technical knowledge with business acumen to create innovative solutions in the technology sector. Based in North Miami Beach, Florida, he continues to invest in and develop cutting-edge tech ventures.