On this episode, we meet up with Martin Schilling, Managing Director of Techstars Berlin, and organiser of DeepTech Momentum. He’s additionally the creator of the guide The Builder’s Information to the Tech Galaxy – 99 Practices to Scale Startups into Unicorn Firms, former COO of the FinTech firm N26, the place he scaled operations from 100 to 900 full-time staff and expanded a world staff throughout 25 markets.
Martin discusses the significance of constructing unicorns in Europe and the challenges that founders face. He shares insights on management classes learnt from scaling N26, emphasising the significance of a transparent North Star, hiring AAA leaders, and specializing in purposeful excellence. Martin additionally displays on his costliest hiring mistake, the necessity for founders to prioritise sure practices to speed up development, and far more.
Video model of episode 82:
Audio model of episode 82:
Key Takeaways:
- Europe must construct extra unicorns and turn out to be the main international Deep Tech ecosystem.
- Founders ought to prioritize discovering their North Star, hiring and retaining a powerful management staff, and mastering the fundraising sport.
- Buyers search for qualities resembling pace of execution, traction, area experience, product traction, and CEO gross sales abilities when evaluating startups.
- Early-stage Deep Tech founders ought to leverage grants, search specialised Deep Tech traders, and be clear on technical milestones.
- Constructing alliances and friendships within the international tech ecosystem is essential for fulfillment and navigating geopolitical challenges.
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