Legacy

Legacy

Thursday, August 25, 2022 Heart Art

Natalia is the next generation of her family’s legacy. Big responsibilities that she always takes with a smile and a united family.

Happily married to Derek Ostensen with two children, she also finds time to run a successful restaurant group, grow her brother’s foundation and, among her multiple passions, there is a passion for Art.

Andrei Foundation

As a tribute to her brother, Natalia opened Andrei’s Conscious Cuisine & Cocktails in Los Angeles where locals and international “habitués” enjoy many happy hours. 100% of the proceeds of the restaurant go to the Andrei Foundation.

What is the mission and the vision of the Andrei Foundation?
The basic mission is to support people and organisations that are changing the world for the better. These are organisations that help peoples’ quality of life, whether it be curing disease, providing education and support, or saving land and habitat so it can be preserved and enjoyed. 

What are the inner values?
The inner values are those of Andrei’s… a drive to move science and medical technology forward, to create joy in people. This is what mattered to him and we want to keep that going. 

How does the foundation make sure that the donation and funding go to helping those in real need?
I research the organizations we support and almost-always require that we see “our dollars in action”, meaning that there is some specific project that we are funding and can view the results of. These projects have been everything from purchasing two canoes for a visually-impaired paddling team to delivering boxes of food and toys for critically ill children and their families, a community garden, maternal mental health initiatives at our local hospital, and many more. I like to see where the money is going specifically, as it helps me to connect with the work and to witness the joy that we can create. At the end of the day, that is what it’s all about: fostering joy. 

Foodie

Among all the projects and businesses your next generation is taking care of, I heard “rumours” you are currently working on a 3rd restaurant concept...
The rumours are true! This third restaurant will be a combination of the first two - a casual concept like Dandelion Cafe, but open in the evenings and serving beer and wine like Andrei’s. The location very much dictates the concept and this new location in Newport Beach, California, is calling for this blend of casual and fun. I love the excitement and intense creative work that goes into a new project like this, so I can’t wait for construction to start (hopefully in the next two months). 

Please complete the sentence, “food is…”
…one of the most palpable and available joys in life - for better or worse (ha!).

Entrepreneurship

How did you start your career and what is your drive to get up early in the morning to continue your legacy?
This question made me laugh, since I am writing these answers very early in the morning, and it’s more a product of trying to get some quiet work done before my children wake up than from any personal drive! ;)

In all seriousness, my career path has been unexpected to me, as career paths (and life) often are. Many unforeseen events and conversations guided me down this road, but I am grateful for that. I love what I am working on and what drives me to spend most of my waking hours on it is the constant challenge of trying to maintain and constantly-improve a growing company with a fifty-year history. It can be overwhelming at times, but I’m learning to not let it overwhelm me. I only allow it to invigorate me. 

As an entrepreneur myself, I find it sometimes hard to choose the right partner as I had many misadventures, like everybody else. My father used to say to me that the most important thing is to try our best and to learn from our mistakes.  I would much appreciate your advice on that matter, according to your career.
Your father was a very wise man and I believe he is correct in that advice. No one can “get it right” 100-percent of the time and we all make mistakes, or have regrets. That is a fact of every person’s life, so there is no reason to dwell on those perceived missteps, but only to learn from them. I have often found (sometimes years later) that they were not missteps at all.

Do you agree with Warren Buffet who says that we should treat the financial market like a casino to get similar results to going to a casino?
I have been thinking about this quote very often lately, as many people have, and I believe we must look beyond the quote to how Warren Buffet succeeded in the financial markets. He invested in top-quality companies and then he waited many years. If history carries on as it has, “keeping your chips on the table” is the most lucrative gamble. 

Heart

Last but not least Natalia, tell me... What is the best advice your father gave you?
This is somewhat of an impossible question to answer, since his good advice is never-ending and is shared daily. If I had to condense it all into one statement, however, it would be this: love those around you with all of your heart. He is known for his incredible business savvy, but his real achievement in life is the impact he has had on his friends and family through his giving heart, inquisitive mind, sense of humour and general love of life. Even animals come out of the trees to say hello to him - it’s incredible! These are the moments that have made the biggest impression on me. 

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