Vika Loskutova: The Success Story Behind Olympia’s AI-Powered Virtual Teams

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Welcome back to another edition of the BizStack Entrepreneur Spotlight, where we uncover the tales of passion, perseverance, and innovation that drive our community’s brightest entrepreneurs.

Today, we’re thrilled to introduce you to Vika (Victoria) Loskutova, the dynamic co-founder and CEO of Olympia.

Olympia provides AI-powered virtual teams to startups, solopreneurs, and small businesses.

Without further ado, let’s move to Vika and Olympia’s journey.

Meet Vika Loskutova

Vika has been in the tech world for over 15 years, with her diverse career spanning technology, media and PR, partnerships, and business development. Her extensive experience has been crucial in developing Olympia’s strategy, enhancing its outreach, and fine-tuning its brand’s voice.

With her at Olympia’s helm, the company innovates on how businesses manage their workload by leveraging artificial intelligence to provide efficient and intelligent virtual staffing solutions instead of hiring real people.

As services like these become increasingly integral for businesses looking to optimize productivity, Vika’s work makes a tangible difference in the entrepreneurial landscape.

A Closer Look at Olympia

Olympia’s mission is straightforward: to give businesses the power to focus on their core activities and growth without the overheads associated with extensive hiring.

This AI-driven approach aims to improve efficiency and make AI team members accessible to a wider audience, including startups, solopreneurs, and small businesses.

Behind the Scenes with the Co-Founders

Vika’s co-founder, Obie Fernandez, a seasoned software engineer with 30 years of experience, complements her expertise by leading product development as the CTO. Together, they’ve crafted a niche in the AI industry, executing their roles with a precision that only comes from experience and a shared vision.

The Secret Sauce: A Week in the Life of Vika Loskutova

Vika’s weekly schedule gives an inside look into the hustle of building and scaling a tech business like Olympia. Here’s a snapshot:

  • Mondays are reserved for business development.
  • Tuesdays focus on content creation and PR.
  • Wednesdays are for project management tasks.
  • Thursdays dive deep into growth and sales strategies.
  • Fridays are dedicated to customer support and direct engagement with clients.

Her philosophy is to stay grounded and focused. She incorporates customer feedback into her business model and spends her weekends either resting or pursuing passion projects.

Innovative Tools That Drive Olympia

Olympia thrives on a suite of innovative tools and technologies spearheaded by its proprietary AI-powered virtual team. Tools like Slack, Notion, Substack, and tl;dv help organize its workflow, while Perplexity, OpenRouter, and other software solutions improve its services.

These technologies play a vital role in Olympia’s operational effectiveness, enabling them to provide unmatched service to their clients.

Growth Strategies and Productivity Hacks

Vika and her team employ a multifaceted growth strategy to navigate Olympia’s trajectory. From conducting workshops and forging strategic partnerships to producing content that showcases their product’s benefits, they’ve hit the ground running to ensure Olympia’s place in the market.

Olympia has nearly reached a six-figure ARR (Annual Recurring Revenue) just nine months post-launch, primarily through organic growth and minimal paid advertising.

For productivity, Vika relies heavily on prioritization and her AI-powered virtual team at Olympia. She focuses on tasks that promise the most significant impact on business growth.

Overcoming Challenges and Celebrating Successes

Every entrepreneur faces challenges, and Vika is no exception. Her greatest has been managing her desire for immediate results against the realities of business growth.

Amidst self-doubt and the fast-paced AI industry, she’s learned the importance of patience, self-care, and a learning mindset.

Advice Aspiring Entrepreneurs

For those looking to venture into entrepreneurship, Vika’s advice is simple: “Keep calm and carry on. Have fun building your business.”

“Keep calm and carry on. Have fun building your business.”

Vika Loskutova

She encourages entrepreneur hopefuls to enjoy the autonomy that comes with being their own boss and to consider leveraging AI tools like Olympia to scale their ventures without the burden of extensive hiring.

Vika Loskutova’s Lightning Round

In this lightning round, I asked Vika Loskutova to answer 13 rapid-fire questions:

What’s something that’s in your pocket right now, besides your phone?

They are empty.

Artificial intelligence: hope or dread?

The hope and the future!

Your favorite place to think big?

In front of the ocean.

If you were out of business tomorrow, what job would you pursue?

I’d continue working in AI.

One object from your childhood you could never throw away?

A watch my grandpa gifted me in the third grade.

One feature you wish your phone had?

I wish it could function as an AI agent, handling tasks for me, managing my schedule and meetings, and providing reminders.

Your favorite mobile app?


The book that most influenced you?

Mindset: The New Psychology of Success” by Carol S. Dweck.

Messy desk or clean desk?

Clean desk.

One thing you always have in your fridge?


The most creative measure of success you’ve set for a team?

One of the most creative measures of a team’s success is the “Innovation Impact Score,” which I’m testing now. This score is based on the number of innovative ideas generated and successfully implemented within a quarter.

It isn’t just about the quantity of ideas but also their impact on our business processes, customer satisfaction, and overall growth. I hope this measure will encourage the team to think outside the box and continuously seek improvements, fostering a culture of innovation and proactive problem-solving.

Your favorite time-saving hack?

Olympia’s AI-powered team!

Best movie ever?

“Postcard from Earth” by Darren Aronofsky, but you have to watch it at the Sphere in Las Vegas for full experience.

Taking the Next Step with Olympia

For readers intrigued by AI’s potential to transform their business operations, Vika invites you to explore Olympia and “grow your business, not your payroll.” By harnessing the power of AI, Olympia promises to be a game-changer for startups, solopreneurs, and small businesses looking to scale efficiently.

In closing, Vika Loskutova’s journey with Olympia underscores the blend of passion, innovation, and resilience needed to make a mark in today’s business world. As Olympia continues to flourish under her leadership, her story serves as a powerful beacon for entrepreneurs across the globe.

Interested in learning more about Olympia and how it can transform your business? Visit the Olympia website to discover the power of AI-powered virtual teams.

To stay updated on Vika’s journey and Olympia’s advancements, don’t forget to follow them on their social platforms:

Until next time, keep pushing boundaries and exploring the endless possibilities technology and entrepreneurship offer.

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