Silvina Moschini
Big Ideas: 'A dashboard to monitor your remote workforce' with Alex Konanykhin, CEO of TransparentBusiness
by Christina D. Warner, Authority Magazine
February 5, 2019

We make managing your remote workforce more productive, with 100% accountability. Now, you can collaborate with your team of connected professionals, no matter where they live and work. Managing people and contractors blindly is something you could do in the 1970s but not competitively in 2019. Transparent management pioneered by my company is 15–40% more efficient and will save hundreds of millions of dollars in wasteful spending.

As a part of my series about “Ideas That Might Change The World” I had the pleasure of interviewing Alex Konanykhin, CEO of TransparentBusiness. In 1992, Konanykhin immigrated to the United States where he became the first person to be granted asylum from post-Soviet Russia on political reasons, for opposing corruption. Now, he’s the CEO of TransparentBusiness, a company that changes the way computer-based work is managed by businesses and governments.

Thank you so much for joining us! Can you tell us a story about what brought you to this specific career path?

I was studying in the best Soviet tech college to become a rocket scientist then I was kicked out of college for making too much money as a teenager. I was blacklisted and my scientific career was denied to me, so I created the largest bank in Russia. I came with the first Russian President to meet the U.S. President, got kidnapped by the KGB, escaped, and started anew in America. Then the FBI informed me that the Mafia had contract on my life and I went into hiding in the Caribbean, but eventually the KGB searched my Watergate apartment in Washington DC and put me in jail in America. I won five law suits against the U.S. Department of Justice, was paid a compensation, granted political asylum, started various companies, received tons of industry and media acclaim and wrote a book about it called “Defiance: How to Succeed in Business Despite Being Hounded by the FBI, the KGB, the INS, the Department of Homeland Security, the Department of Justice, Interpol and Mafia Hit Men.” It got great reviews and I just released the updated 2019 edition.

Can you share the most interesting story that happened to you since you began your career?

As a 23-year-old I altered the course of Russian history by financing Yeltsin’s rise to power and nailed some big nails into the coffin of the Soviet Union.

Can you tell us about your 'Idea That Might Change The World'?

We make managing your remote workforce more productive, with 100% accountability. Now, you can collaborate with your team of connected professionals, no matter where they live and work.

Managing people and contractors blindly is something you could do in the 1970s but not competitively in 2019. Transparent management pioneered by my company is 15–40% more efficient and will save hundreds of millions of dollars in wasteful spending.

How do you think this will change the world?

Enormously. It will allow additional tens of millions of people to be able to telecommute, avoiding the hassle of daily commuting and saving them from spending years in cubicles. It will allow moms and handicapped people to work from home and have a flexible schedule. It will make many people much more mobile. It will save taxpayers tens of billions of dollars by greatly reducing overbilling.

Keeping “Black Mirror” and the “Law of Unintended Consequences” in mind, can you see any potential drawbacks about this idea that people should think more deeply about?

I challenge you to come up with a passable idea for a drawback of transparency! One Senator said that our solutions are like “motherhood and apple pie” but it will have a negative impact on those who now rob their clients blind because they will lose their ability to bill for time never worked.

Was there a “tipping point” that led you to this idea? Can you tell us that story?

It’s a very mundane story. I was just trying to optimize my IT outsourcing business. So, I designed a tool which allowed my executives and I to oversee all worked performed by our programmers, designers and animators. We created TransparentBusiness as an internal tool. We were not trying to start a new business. But when we the access to our clients, they got excited. Citigroup designated us as the “Top People Management Solution” and Google, Microsoft, SAP, Cisco, ADP, Facebook, and EY became our partners. Legislators introduced bills seeking to make our kind of transparency mandatory. And now it seems that TransparentBusiness has set the new standard for public and corporate procurement.

What do you need to lead this idea to widespread adoption?

Nothing. I’ll get it done in any case. Transition to transparency is unstoppable. Blind management is so “last century!”

Recently, we started to look for investors, as with more funds we can grow much faster. At we list the factors which create a possibility for astronomical returns shall we succeed in our efforts to become synonymous with the category of business transparency.

The future of work is a common theme. What can one do to “future proof” their career?

There are no universal recipes. One thing is quite certain though: if you become an expert in work which can be performed remotely, you will be able to search for the best job opportunities globally instead of being limited to the local options only. TransparentBusiness will make remote work easier for millions.

Based on the future trends in your industry, if you had a million dollars, what would you invest in?

I did have a million and I did invest it into TransparentBusiness. $2.7M, to be more precise, was what my wife Silvina Moschini and I invested into this venture and it’s shaping out as a real opportunity to make billions of dollars.

Silvina Moschini

Which principles or philosophies have guided your life? Your career?

Skepticism. I’m a pessimist. After decades of running my businesses, I know all about challenges, expected and unexpected. I only move on projects when even the worst-case scenarios are tantalizingly appealing. I try to avoid or minimize the risks. I try to find unusually effective ways to scale up.

For example, with TransparentBusiness we are not selling it, instead we offer it to governments as a cost-free way to save hundreds of millions of dollars. Legislators just have to make transparent verification of billable hours mandatory to government contractors, and we will do well by doing good.

Can you share with our readers what you think are the most important “success habits” or “success mindsets”?

Re-examine annually if you are in the right place, business, relationship; don’t get stuck in a rut.

Ignore “sunk costs” — it doesn’t matter how much you have invested into something; what matters is the projected outcome and selecting the best alternative.

Don’t box yourself into anything — type or size of a business or geography, for example.

And, above all, ignore the “wisdom” generously dispensed by others in media interviews — it’s likely to be inapplicable to your situation.

Some very well-known VCs read this column. If you had 60 seconds to make a pitch to a VC, what would you say?

I’d say, “I know you are going to hate me, as I set the trend which will cause you a lot of grief. Yes, I’m showing entrepreneurs that instead of knocking on your door they can now take advantage of the new Rule 506c, which allows for “broad solicitation and general advertising” of their investment opportunities, bypassing VCs and appealing to the much larger Capital Market. We were the first to advertise high-return opportunities in the Wall Street Journal, Investors’ Business Daily, USA Today, San Francisco Chronicle, Bloomberg, CNBC and other major media and get funded without ceding control of our business, and thousands of other startups will follow our steps. You’ve served a good purpose and can score many wins still, but I did start shrinking your industry. I am sorry — it was just business, nothing personal.

How can our readers follow you on social media?

Recent posts
Our presentation at the the Family Offices Super Summit
February 9, 2019
James Costos, one of our four-member Board of Directors, met with Speaker Pelosi
February 5, 2019
TransparentBusiness in Iowa
January 30, 2019
Ambassador Costos, one of our four-member Board of Directors, with Michelle Obama
January 10, 2019
GINtv uploaded to YouTube their interview with our President Silvina Moschini
December 29, 2018
TransparentBusiness in Wyoming
December 25, 2018
TransparentBusiness in Arizona
December 24, 2018
Silvina Moschini on CNN re data safety and tech stock
December 20, 2018
TransparentBusiness in Texas
December 20, 2018
EY podcast with Silvina Moschini
December 20, 2018
Tech and Telecom Award for TransparentBusiness
December 18, 2018
TransparentBusiness in NJ
December 18, 2018
Facebook and TransparentBusiness shareholders
December 17, 2018
TransparentBusiness and EY
December 17, 2018
New York Ethics and Accountability Summit
December 13, 2018
IL Senator's Op-Ed regarding the importance of TransparentBusiness
December 8, 2018
Our New Jersey bill is approved by the State Committee
December 7, 2018
Feature article about our President Silvina Moschini
December 6, 2018
Today, our President Silvina Moschini moderated and closed the South Summit in Mexico City
December 4, 2018
Today, our President Silvina Moschini was again a guest on CNN
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'Behind the scenes' from the CNN studio in Miami
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Llega el Black Friday, ¿cómo hacer las mejores compras?
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The new investment flyer of TransparentBusiness
November 14, 2018
TransparentBusiness in Georgia
November 13, 2018
TransparentBusiness in the Buckingham Palace
November 8, 2018
TransparentBusiness presentation @ NY Tech Conference
November 7, 2018
TransparentBusiness presenting at the World Economic Forum event in NYC
November 6, 2018
NY Tech and TransparentBusiness
November 6, 2018
TransparentBusiness in Maryland
November 5, 2018
TransparentBusiness @ the Council of the Americas
November 2, 2018
TransparentBusiness in San Francisco Chronicle
November 1, 2018
TransparentBusiness in Massachusetts
October 31, 2018
France 24
October 29, 2018
WSJ Oct 29
October 29, 2018
New York-based software startup called TransparentBusiness Inc. has drawn backing from Fortune 500 executives
October 26, 2018
USA Today
October 26, 2018
TransparentBusiness in Alabama
October 24, 2018
Increasing TransparentBusiness brand recognition
October 23, 2018
World Economic Forum - Nov 6 event
October 19, 2018
TransparentBusiness in South Carolina
October 17, 2018
The detailed report on the recent participation of Silvina Moschini in W20 Summit
October 15, 2018
Transparency for New York
October 12, 2018
PA Legislation
October 11, 2018
How transparency can help the global economy to grow
October 10, 2018
TransparentBusiness in the Wall Street Journal
October 9, 2018
TransparentBusiness launches the 'ROI' advertising campaign in USA Today
October 8, 2018
CNN report on TransparentBusiness, SheWorks & Silvina Moschini
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W20 - Portafolio
October 3, 2018
Silvina represent TransparentBusiness at the W20 track of G20
October 3, 2018
Our new NYC address
September 27, 2018
Brian Travers
September 21, 2018
CIO of P&G joins TransparentBusiness
September 18, 2018
Suggesting STOP FRAUD Act
September 16, 2018
James Costos, Former U.S. Ambassador to Spain, Joins TransparentBusiness Board of Directors
September 12, 2018
TransparentBusiness starts advertising in IBD
September 10, 2018
El Economista
August 30, 2018
GIN group
August 28, 2018
TransparentBusiness in PA
August 27, 2018
Puerto Rico - Senate
August 24, 2018
Puerto Rico - House
August 23, 2018
EQUALS in Tech
August 16, 2018
TransparentBusiness Launches $25 Million Round of Financing
August 14, 2018
NJ Senate will hear the bill suggested by TransparentBusiness
August 01, 2018
TransparentBusiness Team at the Legislative Summit
July 31, 2018
An update from NCSL Summit in Los Angeles
July 31, 2018
A quiet minute at the Legislative Summit today
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Our President and co-founder Silvina Moschini and some of her recent CNN interviews
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El amigo americano
July 27, 2018
TransparentBusiness commercial for use on major TV business channels
July 24, 2018
La Nacion, the newspaper in Argentina, published full-page article, prominently featuring our President Silvina Moschini
July 23, 2018
EY is excited about their partnership with our SheWorks subsidiary
July 10, 2018
Frederic Garcia, our representative in Mexico, had an opportunity to meet with the President-elect of Mexico
July 03, 2018
Maria C. Lipton, Managing Director of Morgan Stanley has just joined us as an equity partner
July 02, 2018
EY, SheWorks & W20 press-conference
June 28, 2018
Sharing the official program of the EY/W20/SheWorks! event this week
June 28, 2018
EY Announces Partnership with SheWorks!
June 27, 2018
The Weekly Standard runs TransparentBusiness ad on its back cover
June 26, 2018
Who’s Who in EY
June 26, 2018
EY partners SheWorks! to create jobs for women
June 26, 2018
EY and SheWorks! join forces to attract more women to the workforce by offering flexible job opportunities worldwide
June 25, 2018
Global Banking & Finance Review reports on TransparentBusiness advertising campaing
June 23, 2018
A summary of the benefits of TransparentBusiness, prepared for the NCSL Summit
June 22, 2018
TransparentBusiness Ad Campaign Focuses On Bitcoin Implosion, Crypto Collapse
June 21, 2018
Silvina Moschini met in Rhode Island with the President of the Senate
June 14, 2018
Providence Journal
June 11, 2018
More media coverage of our bills in Rhode Island
June 10, 2018
Channel 12 reports on our legislative initiative in Rhode Island
June 7, 2018
Frederic Garcia
June 7, 2018
May 30, 2018
Presentation to the Senate Executive Committee
May 29, 2018
Rhode Island - Rep. Langevin
May 27, 2018
Maria Elena Salinas
May 24, 2018
Increasing out media visibility
May 20, 2018
Presentation to the Senate - Committee
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