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Kotenko Serhii Volodymyrovych - founder of Foodex, Nutrilogy, member of YBC

Kotenko Serhii Volodymyrovych

Business field:
I work in the food production and wellness industries. Foodex is a balanced, healthy meal delivery service. Nutrilogy is a service that provides personalized recommendations for vitamins, minerals, and other dietary supplements (including fiber and electrolytes) based on individual health metrics.
Company:
Foodex, Nutrilogy, Foodex,Nutrilogy
Business size:
YBC Wise
Marital status:
Married
Looking for in YBC:
In the club, I’m looking for a community of strong entrepreneurs: new connections, meaningful networking, conversation, and examples that raise the bar and broaden my sense of what’s possible. A separate goal is to make an impact by sharing experience in healthy eating, biohacking, and habits that support energy and well-being: how to build a systematic approach to nutrition and energy, one small step at a time, to help create and run a business.

“Our tomorrow begins today” Serhii Kotenko’s entrepreneurial evolution in healthy eating

Section 1: About me. Dossier.

Company
Foodex, Nutrilogy
Business size
YBC Wise
Marital status
Married
Movies
Schindler's List
Interstate 60
Books
“Good to Great” — Jim Collins
“The Richest Man in Babylon” — George Samuel Clason
Songs
Ukrainian music
Hobbies
Sports, Running, Skydiving, Mountain hiking, Yachting, Biohacking
City
Kyiv

3 events that changed my life

The decision to leave my job and start my own business. Since 2012, I have not worked in employment. It was a transition from stability to uncertainty that shaped my entrepreneurial mindset and sense of responsibility for my own results.
The experience of walking 25 km with my eyes closed as a practice in trust and letting go of control. As well as other long distances — 50–100 km. This experience significantly influenced my approach to leadership, trust in the team, and ability to act in uncertain circumstances.
The decision to move from a hands-on small business to building a company with systems. This became a turning point in the development of the business and my mindset — from survival to strategic scaling.

2 people who influenced my life

Business partner (sister)
Meditation teacher Yanu T’yan

1 decision that changed my life

«Leave my job and start my own business»

Kotenko Serhii Volodymyrovych

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Section 2. About the business. Dossier.

Company name
Foodex,Nutrilogy
Business field
I work in the food production and wellness industries. Foodex is a balanced, healthy meal delivery service. Nutrilogy is a service that provides personalized recommendations for vitamins, minerals, and other dietary supplements (including fiber and electrolytes) based on individual health metrics.
Years in business
Foodex has been operating since 2014. Before that, we spent two years developing an earlier project, which we later transformed into our current business model. Nutrilogy has been operating since 2025 as a separate wellness division.
Status
Wise
Team size
The team currently has up to 40 people, including delivery couriers, chefs, and administrative staff. A physician and dietitian is on staff to oversee the quality and nutritional balance of the product.
Has a partner
No
Countries of operation
Ukraine (Kyiv, Lviv)

Section 3: Biography.

From Farm-Fresh Products to a Structured Meal Service and Personalized Vitamins

My name is Serhii Kotenko, and today I am an entrepreneur building businesses in the health sector. I am growing Foodex, a structured balanced-meal delivery service, and a new venture, Nutrilogy — a service offering personalized selection of vitamins and micronutrients.

My entrepreneurial journey began with the decision to leave salaried employment. It was important for me to move from being an executor to being a creator: not simply carrying out tasks, but shaping a product, taking responsibility for results, and determining the direction of my life. Since 2012, I have not returned to salaried work, consciously choosing the path of entrepreneurship.

The first stage was a period of searching for a sustainable business model. We started by delivering farm-fresh and organic products, but after two years it became clear that we needed to rethink the concept. In 2014, we relaunched with a new approach — as a healthy meal-plan service. Later, a key turning point for me was the decision to move away from the mindset of a «small, hands-on business» and consciously build a structured company — with clear processes, defined roles, management reporting, and performance-based oversight.

At the same time, I devote considerable attention to personal discipline and practices that help me maintain my energy: sports, long-distance running, meditation, and biohacking. For me, these are not about extremes, but about building inner strength. In business, you constantly have to act amid uncertainty and make decisions without full control over all the variables. That is why business systems and inner resilience in life are interconnected principles for me.

My Sister's Idea, Two Years of Farm-Fresh Products, and a Relaunch in 2014

How did the business idea come about?

Foodex grew out of a personal need of my partner — my sister. She wanted to eat well and stay in shape, but without spending time cooking and constantly shopping. At first, it was her initiative; together, we began refining and testing it and turning it into a business model.

Before launching Foodex, we spent two years in the farm-fresh and organic food delivery business. However, the business was not developing as we had expected, so we decided to transform the concept.

Nutrilogy is a new venture that we are building from scratch: creating selection algorithms, building a customer base, and developing a process for communicating its value. What sets us apart is that we do not offer individual supplements such as vitamin D3 or omega-3, but a personalized multicomplex. If a client's levels are normal, the relevant ingredient is minimized; if there is a deficiency, the formula is strengthened. The product format also matters: instead of a set of tablets, we use small Swiss-made granules which, according to our approach, provide better absorption and reduce component interactions.

Belief in the Product, Discipline, and a Focus on Quality Rather Than Appearances

What key skills helped you launch the business?

At the outset, what mattered most was not perfect expertise, but a combination of three elements:

Belief in the product — the conviction that it offers real value to customers, even if the market has not yet recognized it.

Persistence and discipline — the ability to turn a dream into concrete actions and do a little more than others.

A pragmatic focus on product quality — investing resources in what directly creates value for customers, rather than in outward appearances.

There Was No Market, the Stereotype That «Healthy Means Tasteless,» and a Launch in an Acquaintance's Restaurateur's Kitchen

What were the 3 most difficult challenges you tackled in the early years?

  1. Creating a market. In 2014, there were almost no healthy food delivery services in Kyiv. People were not looking for such services, so search marketing was not very effective. We had to explain the meal-plan concept itself to customers — eating five times a day — and show how it could help with weight loss.
  2. Overcoming the stereotype that «healthy means tasteless.» We focused on balance (calories, protein, fat, and carbohydrates), taste, and ingredient quality, avoiding flavor enhancers such as monosodium glutamate, under the supervision of a dietitian.
  3. Launching with minimal resources. After our previous project, we did not have enough money for a kitchen, equipment, or a team. We started in the kitchen of a restaurateur we knew, using our own recipe specifications, and ran our first marketing activities through barter and partnerships. Our first investment came from a customer who believed in the product — this allowed us to open our own kitchen and strengthen the team.

COVID Became an Opportunity — Frozen Meals and Talented Chefs from the Market

What crises has your business faced, and how did you overcome them?

The COVID-19 period. It was a crisis for the restaurant industry, but for us it was both a challenge and an opportunity. We moved part of the team to remote work and reduced operating hours; just two days later, we launched a new concept: ready-made frozen meals. Demand for food remained steady, and the market offered an opportunity to bring talented chefs onto the team.

The full-scale war. The immediate priority was the safety of our team and customers. On the very first day after the shelling, some of our couriers went out on their routes. Later, we temporarily transformed production to serve a social mission, preparing hot meals for the Territorial Defense Forces and the State Emergency Service. My main takeaway is this: when a team and its owners have inner strength, a crisis becomes a point of renewal and growth.

Moving from Hands-On Management to a Structured Model Was the Key Driver of Growth

Which decisions proved most effective in growing the company?

The biggest boost to growth came from the decision to move from «hands-on management» to a structured model. Once you have a clear vision of Point B — what the company should look like after a certain period — the need for systematization follows: job descriptions, a responsibility structure, reporting, and performance management. This is what turned the business from a collection of the owners' efforts into a manageable system.

Other growth drivers included scaling through franchising and developing adjacent ventures.

Franchise Partners Broke Their Agreements — A Lesson in Legal Formalization

Which mistake do you now consider your most valuable learning experience?

Trusting franchise partners too much without proper legal agreements. Some partners broke their agreements and used our work. Today, I am convinced that partnerships must be legally structured by professionals. This does not guarantee absolute protection, but it significantly reduces risks.

From the Balalaika and Market Trading to a Million as a Strategic Goal

How did you earn your first $100?

I earned my first money as a child: singing Christmas carols, performing with the music school ensemble (I played the balalaika), helping my grandfather in the garden, and selling the produce we grew at the market.

How did you earn your first $1 000?

I associate my first $1000 with the period when I worked while studying: I worked for a company providing security at gambling establishments, combining work and study.

How did you earn your first $10 000?

My first $10 000 came at the start of my own business, through reinvestment and gradual scaling.

How did you earn your first $100 000?

My first $100 000 came during Foodex's systematic growth phase: expanding through franchising in other cities across Ukraine and launching additional areas within the core business.

How did you earn your first $1 000 000?

Earning $1 000 000 is still a strategic goal. I am working toward it by developing new areas, including Nutrilogy and the market for dietary supplements.

Section 4: How can I be useful? Experience I can share.

Systematic management and health as an entrepreneur’s resource — two areas of my expertise

I can be useful to entrepreneurs transitioning from “hands-on mode” to systematic management. My experience is a journey from creating a product new to the market to building a scalable company with processes and a team.

Separately, I can share an approach to health as an entrepreneur’s resource: how to increase energy and stability in business through nutrition, routine, water, sleep, physical activity, and personalized micronutrients.

A vision of Point B, roles, metrics, and the “internal customer” principle

Your experience: how do you systematize a business?

Systematization begins with the owner’s decision to define a clear vision for the future of the business. Next come training, formalizing roles, implementing performance metrics and reporting, establishing an organizational structure, and adopting the “internal customer” principle. Management shifts from constant reaction to analytical, data-driven decisions.

A strategic goal, loyal customers as ambassadors, and unit economics without illusions

Your experience: how do you grow x2 in a year?

x2 growth is possible under three conditions:

  • A clear strategic goal: define exactly what growth means — in the number of customers, turnover, or profit.
  • A strong product and service: loyal customers become brand ambassadors.
  • Financial discipline and control of unit economics: growth without profitability does not create a healthy business.

Section 5: Club value

What am I looking for in the club?

In the club, I’m looking for a community of strong entrepreneurs: new connections, meaningful networking, conversation, and examples that raise the bar and broaden my sense of what’s possible. A separate goal is to make an impact by sharing experience in healthy eating, biohacking, and habits that support energy and well-being: how to build a systematic approach to nutrition and energy, one small step at a time, to help create and run a business.

What have I received from the club?

The club has given me a business community I barely had before, warm connections, and quality networking. It is also an information network where I can quickly find an answer or the right specialist or contact for a specific need (including legal or operational matters), and generally stay in tune with the business landscape.