April 17, 2023
#96 The Power of Networking: Priscilla Schelp on Building a World-Class Network and Thriving as a Solopreneur

In this episode, we speak with Priscilla Schelp, a Swiss-German founder, author, and keynote speaker connecting the worlds of business, politics, and venture capital. Priscilla shares her journey to become a solopreneur, the importance of building a rich network, and the lessons she learned from her time in venture capital and sailing across the Atlantic. We also discuss her current startup, NetworkX, which matches innovators, visionaries, and changemakers with exclusive clubs worldwide.
Check more Dr. Priscilla here:
https://priscillaschelp.com/
https://www.linkedin.com/in/priscillaschelp/
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Hello, and welcome to a new
episode of the city also with
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Muhammad.
My name is Muhammad.
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And in each episode, I discussed
different topics from Tech and
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business.
Sometimes I talk about digital
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transformation cybersecurity
emerging text, and some time I
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discuss about business topics,
especially in the areas of
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startups entrepreneurship and
solar Partnerships.
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And as you know, from time to
time, I have with me.
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Me on the show some guests who
are thought leaders who I would
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like to gain from them.
The insights that they had over
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the years from their experience.
And today, I'm very happy to
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have with me dr.
Priscilla, she's joining me live
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now.
Just a quick introduction to say
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that she's a Founder moderator.
Author and keynote speaker with
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extensive experience in
business.
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Venture capital and Innovation.
Thank you very much for being
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with me Priscilla today.
And if you just want to add
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anything about yourself and what
you do, and then we can start to
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take the conversation from
there.
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Thank you.
Love me.
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Much for having me.
Yeah, I am Priscilla.
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I'm Swiss German.
And I'm the founder, and CEO of
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my startup Network X.
And I am something, what you
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call female solopreneur.
So, and I wasn't happy to share
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my experience, and my learnings
that I had so far.
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And yeah, thanks for having me
Mehmet.
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Most welcome, actually.
I'm pretty much interested in
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knowing what brought you to
become a solo practitioner.
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Honor and it's a matter of fact
that it's more hard for a female
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more than a man usually.
So I'm really interested to know
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little bit about what was your
journey like and how it went.
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And if you can share like some
insight for fellow, you know,
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entrepreneurs and people who are
interested to become
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solopreneurs also, as well.
Yeah, I would say it that way,
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like most there A lot of
parallels between dating and
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Entrepreneurship in the way that
most people that are single are
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not did not intend to be single,
but would be happy to be with
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someone that suitable and
however, realize that it's
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better to be alone than with
someone wrong and the same thing
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you have with co-founders.
So I have two co-founders and it
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didn't work out and I lost my
technical co-founder, what was
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specifically hard Hard.
And then, I decided you to that
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experience that it was like
fight or die things.
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So I decided to continue even
without my co-founder, and I
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don't regret it.
However, if someone would have
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told me, like, I was an
employee, most of my life that,
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hey, create a business, create a
start-up old by your own, like,
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all by yourself.
I would have been too scared.
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Let's see.
It's good that I started with
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co-founders.
And I lost them because I would
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not have made a decision by
choice.
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Yeah, so, But I think it's, I
don't regret it.
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It has also a lot of advantages,
so I can just encourage you to
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go for it.
And I also have brought some
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advice with me, that helps you
to.
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Yeah, manage it as a solo
founder.
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Yeah, I'm asking this question
early on the show because
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usually I ask it later, but,
because we started from here.
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Yeah.
Myself, I also left the
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corporate world and I became I'm
kind of a solopreneur currently.
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Do you see it as a trend and if
yes, why do you think it's now a
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trending, you know, topic of
becoming a solopreneur?
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I'm not sure if I would call it
trending, I think it's getting a
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bit more acceptable.
I think you have probably the
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same amount of solopreneurs but
people would like ask their
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friends or relatives to put if
they are allowed to put them
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into pitch deck because it was
like basically as a solopreneur
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you didn't have any chances and
nowadays.
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I mean still that a lot of
investors, most investors are
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not Testing and solopreneurs and
which kind of discriminating.
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And the reason for that is that
obviously as a solopreneur like
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everything, at least from
objective point of view, lies on
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your shoulders and there's a lot
of pressure even more pressure
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on the solar preneur and there's
no backup.
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So these These are scared of
that person getting hit by a
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car, getting sick, especially
getting a burnout and then the
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business falling apart and But I
think it's getting better.
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So at least they're more and
more Angels.
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Also, I think some of these that
are investing in solar panels.
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So I think people are more open
about being a sort of person or
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not necessarily that there are
more of them.
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I think it's just, they are
being honest about that.
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So yeah, I got your point.
Now you mentioned something
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fundamental about you don't be
getting investors and so on.
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Now, when I was looking at your
profile and the work you did, It
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seems you did a lot of efforts
and when it came to networking
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can you share a little bit more
about how this part is important
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to build the network?
Even sometimes, personally, I
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would say before you start how
you can, I mean in light this
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this part?
Yeah, I think you mentioned a
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really important point.
So network is not something that
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you can switch on and off like a
light.
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It's something that you build
and And the good thing is it
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grows and exponentially at some
point but you have to start
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early.
So it's not like the biggest
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mistake people do is that they
start networking with.
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They need something or someone
and that's wrong because it
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takes time and no one wants to
be used.
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So the only way how to build a
successful network is to be
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generally interested in people
meeting them trying to figure
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out where the want to go and how
you can support them.
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And then things start coming
back from other sites from
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somewhere people.
Also.
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Start supporting you and it's
like a like give-and-take kind
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of thing and as a solopreneur it
specifically important because I
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mean not just as entrepreneur or
whatever you want and whatever
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you want to do in life, you will
not be able to do it by
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yourself.
It's like, even the idea
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generation of a start-up.
It's like it's like puzzle
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pieces coming together from
different sites so it's like the
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best advice I got at the
beginning.
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When I have my idea is to talk
to people and I would get little
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Tweaks, little additional ideas
and that's how it Formed to
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became what it is today.
And also like, for me, one
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essential part for actually
being where I am now with my
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startup was that I invested
heavily all the time, even now
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in Partners in collaboration,
and collaboration means giving
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and taking, not just taking red
and, and building up a network
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to investors.
Like, I didn't, I bootstrapped?
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So, Can get investment but if I
want to raise, I have a network.
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So with investors it
specifically important because
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they are being flooded with
pitch decks.
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So you need warm intros.
So if you just write them it's
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like you're one of.
I don't know how many hundreds
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or thousands.
So that's where you need
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contacts.
You need contacts to other
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Founders.
So you can learn from them that
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you have some sparring partners.
You need a network for you know,
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how?
How to like to get advice to?
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I don't know.
Get advisors board members
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customers.
So what everything in life, you
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need a network.
So if people tell me, they are
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too busy for networking, then I
think that's so stupid.
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But that, yeah, I have to agree
with you because when I was
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younger, I did this mistake and
I was thinking, yeah, you know,
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like with all the ideas I have
in my mind with all, you know,
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detect that I can come up with,
you know, I don't need network,
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but No, yeah, I agree with you.
This is hundred percent, what
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changed that mehmed for you,
like did you have like, one
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incident where you thought,
okay?
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Is that open your eyes or that's
good?
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That you are now asking me the
question and thank you for
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asking me this for me, it was
like, not one single event.
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It was like a series of event
that after it is, you know, like
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you start to see a pattern,
right?
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Okay.
The first time you try to do
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something, I don't call it fail.
I Call it learning.
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So you learn something here and
and then you know, the slang is
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like you're a continuing
education and, you know, at some
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stage you graduate and you say,
Hey, listen, what you cannot do
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this by yourself.
You need to go and build the
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network.
You need to, you know, put the
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base and then after that, you
continue.
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So for me, yeah, it was not like
a one single event that caused
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this.
It was a series of event and it
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took like 10 years almost until
I reached there.
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But better late than never.
Exactly.
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Exactly.
Now you you bootstrap your
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business and again I'm biased
little bit and I always liked
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get interested in any
entrepreneur or solopreneur who
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bootstrap their businesses.
I'm not against you know raising
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funds of course not but from
your experience really?
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What Let me ask this way.
When do you think?
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Is it a try to bootstrap?
And when do you think know this
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business cannot be bootstrap, it
should immediately go and get
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some funds from somewhere.
Okay, so I think it's right to
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bootstrap if you don't have
another choice and I think
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that's the biggest thing.
So I when I started when I have
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my idea and I started to get
into some startup programs,
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basically the programs would be
focused on you know, you need to
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fundraise and the bigger the
ticket size you get and some
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more famous investor is then you
know you made it and you are
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awesome and you are succeeding.
And there it was already that
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way that Investors were a bit
more risk-averse so you would it
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would be really hard to get
funding without an MVP for
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example.
And then that contains this
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warning letter from y combinator
that, you know, the next 12
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months it would be really hard
for Founder's to raise funding
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and a lot of big stars would let
people go because they would
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have problems or would go
bankrupt because they have
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problems to close the next
round.
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So when you get I don't need to
tell you when you get
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Investments or first time it's
like basically taking like a
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nose of cocaine and you are like
hook.
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And you need like usually
startups raised like every year
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funding and you are growing,
usually you have more stuff and
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you're growing faster than your
cash flow would allow it.
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And so you basically dependent
on getting the next basically a
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shot of money.
Then the next year, right?
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If you don't get that either,
you need to shrink or actually
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some go out of business.
So that was one thing.
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Now you have the incident with a
Silicon Valley Bank so investors
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are even though it has nothing
to do with a start-up site.
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Investors, are you most scared?
So I think we are going now
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away.
I think it was also kind of a
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bubble away from, you know, it's
like, oh, it's Innovative.
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We throw money at is do
something like startup are
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treated more like normal
businesses.
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So, they are evaluated much
stricter.
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And it looks basically, I think
startups now need to grow more
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sustainably because not everyone
is getting funding.
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Actually, funding is getting
quite hard.
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And usually, It's getting, you
are getting it later.
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So, most companies need to
bootstrap until a certain point
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where they have a proof of
concept, they have product
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Market fit.
And if they wanted to expand
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fast when they already have a
product revenue and customers
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and so on, I think then nowadays
you probably like get money.
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Yeah.
If your business is available,
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but before I think it's not much
of a choice like Most startups
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or many startups don't get
funding anymore because to
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high-risk, you know.
Yep.
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Yeah, got it but not now you do
also, you do like Venture
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Capital work as well, right?
Am I correct?
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I did.
I did in the past, by a b Oz.
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Yeah, yeah.
So even if it was like, may be
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short but from your experience
working there, right?
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So how this influenced you know
your way of adopting new trends,
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Technologies and business?
This model.
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Like how this change your
outside perspective to these
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areas?
I think it's changed in the way
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that I know what we seized are
looking for, which is helpful.
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So, basically, if you know what
they're looking for, I think
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it's always an option and
ideally always have it as an
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option that you can take
investment, or you can sell your
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company.
So, it's like, I'm trying to set
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it up in the way like I'm not
there yet, but that's not
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entirely dependent on me.
For example, I set it up in the
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way that it's scalable, and I
said, It up in the way that we
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have problems.
Business model, reoccurring
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revenue.
Is there some Buzz words that we
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see?
These are totally keen on and
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that house.
The other thing, why I'm not
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that Keen on Venture Capital so
I'm more keen.
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Like if I were take investment
it would probably be more from
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angels.
I don't exclude Venture Capital.
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But so when I was not into that
area and I read this headlines
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in the newspaper, all this
startup got 200 million and so
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on.
I felt like, oh so amazing, so
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successful.
But when you're in venture
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capital, and if you have some
honest words with species, they
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will tell you get Venture
Capital as late if as possible
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because your conditions are
better.
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So you give away less from your
company and get basically more
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money or avoid it because you're
probably aware like off the
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cliff and vesting face.
So basically you're making
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yourself a Wave of the because
these, yeah, so it's like really
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tough and you're not really
entirely control in control
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anymore of the Strategic
direction of your companies.
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So there's always someone with a
whip behind you.
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And yeah, it's also something
that you don't want, and if
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something goes wrong like in The
Cliff face, they can kick you
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out of the company and you will
end up with nothing and these
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are things like early stage.
Founders, I think glorified
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venture capital and VC money.
It's not free.
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Money.
It's a contrary.
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So yeah.
Actually this resonates with,
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you know, a couple of people
either I interviewed them here
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00:15:28,400 --> 00:15:32,400
on the show or I spoke to them
in real life and the number one
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for them in addition, you know,
to what you talked about to
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bootstrap.
Exactly.
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00:15:38,000 --> 00:15:43,100
The last point they said I would
fail by myself rather than you
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know, someone kicked me out of
something that I have started.
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So yeah, yeah.
So it's like Something we will
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see a lot now.
Really, what I'm enjoying is
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that you have this, you know,
holistic I would say experience.
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So now I'm going to shift gears
about something.
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You did also so you have
experienced in advising board
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risk and crisis management
strategy, Innovation.
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So from your experience, and I'm
asking this question again
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because people who can watch and
listen to this episode, I'm sure
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that they will benefit if they
are about to start a business or
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you know, start a have a new
startup.
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So what do you think are the The
most critical factors right for
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businesses to remain
competitive.
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00:16:24,200 --> 00:16:28,600
Especially we've seen changes
coming really fast nowadays.
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Like, you can have one thing
that comes today.
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It disrupt, the market
completely, I think, one
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00:16:37,100 --> 00:16:39,200
important thing.
So I talk a lot of ways.
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People say, I have a network not
just in my Niche, but literally
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globally and across all
disciplines and sectors and they
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00:16:47,900 --> 00:16:51,100
are a lot of trends that
Affecting everything like a i
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for example.
But there are also a lot of
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trends that are in certain
industries and certain I don't
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know in certain these are all
bubbles you know and by being in
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all of these bubbles you're
aware of Trends really early and
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00:17:07,500 --> 00:17:10,099
it's not just that you're
preventing risks but you are
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learning a lot about.
Interesting things that you
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00:17:12,700 --> 00:17:15,900
could adopt and you could make
your business better or you
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00:17:15,900 --> 00:17:21,599
could trick your business with
With and that helps, and also
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00:17:21,599 --> 00:17:25,400
the network really like, even if
you don't see things yourself,
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people in your network.
If you have a good Network, they
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will come to you and tell you,
you know, this might be
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interesting.
So, you're also getting a lot of
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opportunities and Justice access
to opportunities to knowledge
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to, you know, really key figures
in the world that support you.
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It lifts you up and it protects
you.
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00:17:45,900 --> 00:17:50,200
So that's one easy thing, I
think Now also obviously
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additionally to, to talking to
people, I do a lot of reading
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and and all kind of things.
So it's like, you never can get
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00:17:57,200 --> 00:17:59,600
comfortable.
You always, you should be
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00:17:59,600 --> 00:18:03,500
excited about learning and
trying to figure out where as a
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00:18:03,500 --> 00:18:06,400
journey going and you should be
excited about it.
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00:18:06,400 --> 00:18:10,000
It shouldn't feel like a pain.
So it's a lot of mindset.
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00:18:11,000 --> 00:18:15,500
Yeah, yeah, speaking about
mindset, like also while I was,
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00:18:15,500 --> 00:18:19,500
you know, preparing for the
episode I know that you You have
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00:18:19,800 --> 00:18:23,000
did some Adventure sailing
across the Atlantic, right?
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00:18:24,400 --> 00:18:26,200
Yeah.
So the reason I wanted to ask
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00:18:26,200 --> 00:18:28,700
you, you know, like first I was
hesitating, should I ask for?
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00:18:28,700 --> 00:18:32,700
No, but because from, you know,
my preparation, I know that this
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00:18:32,800 --> 00:18:36,000
kind of, you know, shape the way
also, you do business.
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00:18:36,000 --> 00:18:38,800
So I want to hear this from you
and what are the valuable
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00:18:38,800 --> 00:18:42,700
lessons, you know, you have
learned and how you could share
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00:18:42,700 --> 00:18:48,800
this experience to the audience.
Okay, so the thing is, I think
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00:18:48,800 --> 00:18:52,400
people are romanticizing sailing
across the Atlantic.
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00:18:53,400 --> 00:18:56,300
It's really a, I love sailing
and see and I think it's really
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00:18:56,300 --> 00:19:01,900
good for your mind and it's
really relaxing but the relaxing
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00:19:01,900 --> 00:19:06,000
part is like island hopping and
there's usually you meet animals
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00:19:06,000 --> 00:19:10,100
and you see people and so on.
But if you do Blue Water sailing
320
00:19:10,500 --> 00:19:15,900
and it's basically like we were
nearly three weeks on the water
321
00:19:16,100 --> 00:19:18,800
And he looks see stops, the
first three days and maybe the
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00:19:18,800 --> 00:19:21,900
last three days and between most
of the time legs, there's
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00:19:21,900 --> 00:19:24,800
nothing, everything is moving
everything.
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00:19:25,000 --> 00:19:28,600
It's like you're basically more
or less on your own or with the
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00:19:28,600 --> 00:19:32,500
people you sale.
You get sleep, do a legacy like
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00:19:33,000 --> 00:19:37,500
not enough sleep.
It's you are in storms for days
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00:19:37,500 --> 00:19:41,500
and all these things.
And the worst thing with that is
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00:19:41,500 --> 00:19:44,700
that it's like you can't just
change your mind and say, okay,
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00:19:44,700 --> 00:19:47,000
I'm getting out of this boat.
Because you're in the middle of
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00:19:47,000 --> 00:19:51,700
the ocean and I think it's
comparable to a Founders journey
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00:19:51,700 --> 00:19:54,800
is like, you can't just say
like, wake up one morning and
332
00:19:54,800 --> 00:19:57,400
say, okay, I'm done with it.
It's like and here you have it
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00:19:57,400 --> 00:19:59,500
or like having a child is
probably similar.
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00:19:59,900 --> 00:20:05,100
And I think you really one of
the what I found, one of the key
335
00:20:05,100 --> 00:20:12,100
success factors as a Founder is
your mindset and how well you
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00:20:12,100 --> 00:20:15,900
are able to deal with your
emotions.
337
00:20:16,200 --> 00:20:19,200
It's like zaps, a foundation for
everything.
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00:20:20,200 --> 00:20:23,000
If you're not on top of that,
it's like everything will
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00:20:23,000 --> 00:20:26,800
crumble and you can literally
destroy your business within a
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00:20:26,800 --> 00:20:30,100
day.
And that was a really hard
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00:20:30,100 --> 00:20:33,200
learning within my first year of
being a Founder.
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00:20:33,500 --> 00:20:36,400
Because the volatility
especially at the beginning is
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00:20:36,400 --> 00:20:39,200
so high.
It's like some days you it feels
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00:20:39,200 --> 00:20:42,100
like you're winning and other
feel like everything is falling
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00:20:42,100 --> 00:20:45,700
apart and you need to deal with
that otherwise it destroys you.
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00:20:46,400 --> 00:20:50,100
Wow, that's really.
I would say eye-opener because I
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00:20:50,108 --> 00:20:54,300
was just trying to visualize it.
As we said, you are in in the
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00:20:54,300 --> 00:20:57,000
water for.
I don't know days and you cannot
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00:20:57,000 --> 00:21:00,300
see anything.
So yeah, that resonated quite
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00:21:00,300 --> 00:21:04,200
well with me.
We will coming to an end
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00:21:04,200 --> 00:21:06,800
Priscilla.
Just, I want to ask you about
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00:21:06,800 --> 00:21:10,200
your current startup Network
acts like how it's helping
353
00:21:10,800 --> 00:21:13,600
innovators and exclusive clubs
around the world.
354
00:21:13,600 --> 00:21:18,200
Like if you can, just give us
some You know information about
355
00:21:18,200 --> 00:21:22,000
your startup.
Yeah, network network.
356
00:21:22,000 --> 00:21:26,900
X is called is a lead generation
platform for the most exclusive
357
00:21:26,900 --> 00:21:29,400
clubs in the world like
business, private members,
358
00:21:29,400 --> 00:21:35,400
service Polo, you have golf
automobile clubs and it helps
359
00:21:35,400 --> 00:21:39,200
the club's to solve their
challenges in the area of over
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00:21:39,200 --> 00:21:45,100
aging diversity and inclusion
growth expansion member in
361
00:21:45,100 --> 00:21:48,400
activity.
T, on the other hand, like, my
362
00:21:48,400 --> 00:21:52,600
aim is like, I was not born with
a silver spoon in my mouth, so I
363
00:21:52,600 --> 00:21:55,600
built up everything by myself
and I'm really proud of that.
364
00:21:56,100 --> 00:22:01,100
And one big factor to building
up my world class network was,
365
00:22:01,100 --> 00:22:05,900
joining exclusive clubs so I
joined my first club club by
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00:22:05,900 --> 00:22:09,000
accident because I got a
management award from them.
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00:22:09,000 --> 00:22:12,500
And then I look globally when I
was working, always for similar
368
00:22:12,500 --> 00:22:18,500
crimes and I try to figure out
like Why other amazing people
369
00:22:18,500 --> 00:22:22,200
that are young and want to
change the world, why they are
370
00:22:22,200 --> 00:22:24,100
not in his clubs and their
different factors?
371
00:22:24,100 --> 00:22:27,400
They don't know about them, they
think they don't know about the
372
00:22:27,400 --> 00:22:29,300
requirements.
So they think they are not good
373
00:22:29,300 --> 00:22:33,100
enough or they don't have any
members that would recommend
374
00:22:33,100 --> 00:22:34,400
them because I don't know
anyone.
375
00:22:34,800 --> 00:22:38,900
So one thing for me is I want to
help people to build up a
376
00:22:38,908 --> 00:22:43,200
world-class Network.
Independently of the social
377
00:22:43,200 --> 00:22:49,000
ethnic origin, gender, sexual
orientation, just amazing
378
00:22:49,000 --> 00:22:50,900
people.
That was a good-hearted, want to
379
00:22:50,900 --> 00:22:55,900
change the world and basically
you can sign up on network X for
380
00:22:55,900 --> 00:22:58,000
free.
And if you accepted, you can
381
00:22:58,000 --> 00:23:00,900
basically you get suggested
suitable clubs for you.
382
00:23:01,200 --> 00:23:06,400
And my aim is basically to help
people to achieve the same as
383
00:23:06,400 --> 00:23:12,200
me, probably in less time and
with less No effort and pain and
384
00:23:12,700 --> 00:23:14,500
yeah.
So that's my mission.
385
00:23:15,100 --> 00:23:17,300
That's that's great to hear that
Priscilla.
386
00:23:17,300 --> 00:23:24,300
Like, I'm always, you know,
fascinated by any startup
387
00:23:24,300 --> 00:23:28,400
founder solopreneur, whatever?
Sometimes, you know when I we
388
00:23:28,400 --> 00:23:31,700
see also like a new namings,
like Indie hackers and no
389
00:23:31,700 --> 00:23:34,500
matter, whatever you want to
call it, whatever you want to
390
00:23:34,500 --> 00:23:37,700
call them.
But these people like who are
391
00:23:37,700 --> 00:23:41,200
trying like yourself trying to
you know, leave the Word, as we
392
00:23:41,200 --> 00:23:44,900
save a better place than when we
found it, especially, you know,
393
00:23:44,900 --> 00:23:52,200
if we can give, you know, back
to society, solving the things
394
00:23:52,200 --> 00:23:55,000
that at our times, maybe we were
not able to find.
395
00:23:55,000 --> 00:23:58,800
So I really, you know,
appreciate the work you're
396
00:23:58,800 --> 00:24:01,100
doing.
And as I said, I was pretty much
397
00:24:01,100 --> 00:24:03,400
fascinated by all the work you
have done.
398
00:24:04,400 --> 00:24:07,400
Thank you, any final thoughts.
You want to share before we come
399
00:24:07,400 --> 00:24:10,200
to an end.
Well I want to thank you because
400
00:24:10,200 --> 00:24:14,200
I think you are inspiring a lot
of Founders or Founders to be
401
00:24:14,200 --> 00:24:17,200
with your podcast.
So that's you way.
402
00:24:17,200 --> 00:24:18,700
You make the world a better
place.
403
00:24:18,700 --> 00:24:20,800
So thanks for that and thanks
for inviting me.
404
00:24:20,800 --> 00:24:26,100
And I mean, for me, it's like I
encourage everyone to connect
405
00:24:26,100 --> 00:24:29,900
with me and reach out, so, if I
can help, I'm always happy and
406
00:24:29,900 --> 00:24:32,700
also if you want, so I published
a best-selling book.
407
00:24:32,700 --> 00:24:37,900
So I'm happy to share the PDF
for free with amazing with your
408
00:24:37,900 --> 00:24:39,400
audience.
Science amazing.
409
00:24:39,400 --> 00:24:42,000
So what?
Yeah, please go ahead.
410
00:24:43,400 --> 00:24:48,000
I just want to say one thing and
the future is bright and
411
00:24:48,000 --> 00:24:50,800
everything is possible and I
think that's something that you
412
00:24:50,800 --> 00:24:53,200
always need to keep in your mind
during covid.
413
00:24:53,300 --> 00:24:58,400
Doing war is like you, like you
as a single person, have an
414
00:24:58,400 --> 00:25:02,400
impact and it makes you feel so
much better about the world.
415
00:25:02,400 --> 00:25:05,600
If you don't feel like a victim
that you go out and do something
416
00:25:05,600 --> 00:25:08,200
and make other people's lives
and the world better.
417
00:25:08,700 --> 00:25:12,600
So I can just encourage you.
It's like an even if you're
418
00:25:12,600 --> 00:25:15,100
employed as like you are not
tired, you're uninspired.
419
00:25:15,100 --> 00:25:20,100
And like, honestly, like I was a
risk consultant, so I'm probably
420
00:25:20,100 --> 00:25:24,000
one of the most risk of worst
people in the world and I find
421
00:25:24,000 --> 00:25:27,100
being a Founder is worth it.
And it's not as scary as you
422
00:25:27,100 --> 00:25:30,100
might think, wow.
Like I think this is the best
423
00:25:30,100 --> 00:25:32,800
message ever.
Someone who used to be working
424
00:25:32,800 --> 00:25:36,900
in the risk Department really
but it's very inspiring and
425
00:25:36,900 --> 00:25:40,400
really thank you for For sharing
this message, I would make sure
426
00:25:40,400 --> 00:25:43,900
also to share you know the
website and you know how you can
427
00:25:44,300 --> 00:25:50,000
get in touch with Priscilla on
the episode-description whether
428
00:25:50,000 --> 00:25:52,800
you know on your favorite
podcasting platform or on
429
00:25:52,800 --> 00:25:54,900
YouTube.
Well, thank you very much for
430
00:25:54,900 --> 00:25:56,900
sale again for being my guest
today.
431
00:25:57,200 --> 00:25:58,800
I thank you.
Thank you.
432
00:25:58,800 --> 00:26:02,700
For everyone who would be
watching this either on YouTube.
433
00:26:02,700 --> 00:26:05,500
Don't forget to subscribe to the
channel if you are listening
434
00:26:05,500 --> 00:26:08,600
this, using your favorite
podcasting Warm.
435
00:26:08,600 --> 00:26:12,200
Don't forget, also to subscribe.
And please tell your friends and
436
00:26:12,200 --> 00:26:15,200
colleagues about it.
And I hope as usual that you
437
00:26:15,208 --> 00:26:19,200
enjoyed the content today, and
if you have any used feedback,
438
00:26:19,200 --> 00:26:22,400
any questions around this
episode, all the show in
439
00:26:22,400 --> 00:26:25,400
general, please don't hesitate
to get in touch with me directly
440
00:26:25,400 --> 00:26:28,600
either by email, Twitter or
LinkedIn.
441
00:26:29,100 --> 00:26:32,200
Also, if you would like to come
on the show and discuss.
442
00:26:32,200 --> 00:26:35,300
Any topic related, I would be
more than happy also to have you
443
00:26:35,300 --> 00:26:38,700
with me here.
And as usual, I will, Give you
444
00:26:38,700 --> 00:26:40,600
and we meet again in the next
episode.
445
00:26:40,600 --> 00:26:42,100
Thank you very much.
Bye bye.
446
00:26:38,200 --> 00:26:40,600
Give you and we meet again in
the next episode.
447
00:26:40,600 --> 00:26:42,100
Thank you very much.
Bye bye.
00:00:06,500 --> 00:00:09,100
Hello, and welcome to a new
episode of the city also with
2
00:00:09,100 --> 00:00:10,500
Muhammad.
My name is Muhammad.
3
00:00:10,500 --> 00:00:13,900
And in each episode, I discussed
different topics from Tech and
4
00:00:13,900 --> 00:00:15,900
business.
Sometimes I talk about digital
5
00:00:15,900 --> 00:00:19,500
transformation cybersecurity
emerging text, and some time I
6
00:00:19,508 --> 00:00:23,200
discuss about business topics,
especially in the areas of
7
00:00:23,200 --> 00:00:26,900
startups entrepreneurship and
solar Partnerships.
8
00:00:27,200 --> 00:00:30,300
And as you know, from time to
time, I have with me.
9
00:00:30,500 --> 00:00:35,000
Me on the show some guests who
are thought leaders who I would
10
00:00:35,000 --> 00:00:39,100
like to gain from them.
The insights that they had over
11
00:00:39,100 --> 00:00:42,800
the years from their experience.
And today, I'm very happy to
12
00:00:42,800 --> 00:00:46,100
have with me dr.
Priscilla, she's joining me live
13
00:00:46,100 --> 00:00:49,500
now.
Just a quick introduction to say
14
00:00:49,500 --> 00:00:53,500
that she's a Founder moderator.
Author and keynote speaker with
15
00:00:53,500 --> 00:00:55,400
extensive experience in
business.
16
00:00:55,600 --> 00:00:58,900
Venture capital and Innovation.
Thank you very much for being
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00:00:58,900 --> 00:01:02,200
with me Priscilla today.
And if you just want to add
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00:01:02,200 --> 00:01:05,700
anything about yourself and what
you do, and then we can start to
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take the conversation from
there.
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00:01:08,400 --> 00:01:09,100
Thank you.
Love me.
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00:01:09,100 --> 00:01:12,300
Much for having me.
Yeah, I am Priscilla.
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I'm Swiss German.
And I'm the founder, and CEO of
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my startup Network X.
And I am something, what you
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call female solopreneur.
So, and I wasn't happy to share
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my experience, and my learnings
that I had so far.
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And yeah, thanks for having me
Mehmet.
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00:01:30,900 --> 00:01:35,000
Most welcome, actually.
I'm pretty much interested in
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00:01:35,000 --> 00:01:38,100
knowing what brought you to
become a solo practitioner.
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Honor and it's a matter of fact
that it's more hard for a female
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more than a man usually.
So I'm really interested to know
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little bit about what was your
journey like and how it went.
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And if you can share like some
insight for fellow, you know,
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00:01:57,000 --> 00:02:00,100
entrepreneurs and people who are
interested to become
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solopreneurs also, as well.
Yeah, I would say it that way,
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00:02:06,500 --> 00:02:10,300
like most there A lot of
parallels between dating and
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Entrepreneurship in the way that
most people that are single are
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not did not intend to be single,
but would be happy to be with
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someone that suitable and
however, realize that it's
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00:02:23,900 --> 00:02:27,400
better to be alone than with
someone wrong and the same thing
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you have with co-founders.
So I have two co-founders and it
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didn't work out and I lost my
technical co-founder, what was
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specifically hard Hard.
And then, I decided you to that
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experience that it was like
fight or die things.
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00:02:47,100 --> 00:02:52,700
So I decided to continue even
without my co-founder, and I
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00:02:52,708 --> 00:02:55,700
don't regret it.
However, if someone would have
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told me, like, I was an
employee, most of my life that,
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hey, create a business, create a
start-up old by your own, like,
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all by yourself.
I would have been too scared.
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Let's see.
It's good that I started with
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co-founders.
And I lost them because I would
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not have made a decision by
choice.
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Yeah, so, But I think it's, I
don't regret it.
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00:03:21,800 --> 00:03:25,600
It has also a lot of advantages,
so I can just encourage you to
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go for it.
And I also have brought some
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advice with me, that helps you
to.
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Yeah, manage it as a solo
founder.
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Yeah, I'm asking this question
early on the show because
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usually I ask it later, but,
because we started from here.
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Yeah.
Myself, I also left the
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corporate world and I became I'm
kind of a solopreneur currently.
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Do you see it as a trend and if
yes, why do you think it's now a
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trending, you know, topic of
becoming a solopreneur?
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I'm not sure if I would call it
trending, I think it's getting a
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bit more acceptable.
I think you have probably the
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same amount of solopreneurs but
people would like ask their
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friends or relatives to put if
they are allowed to put them
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into pitch deck because it was
like basically as a solopreneur
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you didn't have any chances and
nowadays.
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I mean still that a lot of
investors, most investors are
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not Testing and solopreneurs and
which kind of discriminating.
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And the reason for that is that
obviously as a solopreneur like
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everything, at least from
objective point of view, lies on
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00:04:44,600 --> 00:04:47,600
your shoulders and there's a lot
of pressure even more pressure
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on the solar preneur and there's
no backup.
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So these These are scared of
that person getting hit by a
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car, getting sick, especially
getting a burnout and then the
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00:04:58,200 --> 00:05:02,800
business falling apart and But I
think it's getting better.
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So at least they're more and
more Angels.
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Also, I think some of these that
are investing in solar panels.
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00:05:07,700 --> 00:05:11,900
So I think people are more open
about being a sort of person or
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not necessarily that there are
more of them.
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I think it's just, they are
being honest about that.
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00:05:19,800 --> 00:05:23,500
So yeah, I got your point.
Now you mentioned something
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fundamental about you don't be
getting investors and so on.
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Now, when I was looking at your
profile and the work you did, It
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00:05:31,300 --> 00:05:35,300
seems you did a lot of efforts
and when it came to networking
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00:05:35,700 --> 00:05:40,400
can you share a little bit more
about how this part is important
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00:05:40,400 --> 00:05:43,700
to build the network?
Even sometimes, personally, I
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00:05:43,700 --> 00:05:48,800
would say before you start how
you can, I mean in light this
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00:05:49,600 --> 00:05:52,900
this part?
Yeah, I think you mentioned a
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really important point.
So network is not something that
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you can switch on and off like a
light.
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It's something that you build
and And the good thing is it
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00:06:02,200 --> 00:06:06,200
grows and exponentially at some
point but you have to start
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00:06:06,200 --> 00:06:08,600
early.
So it's not like the biggest
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00:06:08,600 --> 00:06:11,800
mistake people do is that they
start networking with.
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They need something or someone
and that's wrong because it
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00:06:14,800 --> 00:06:17,500
takes time and no one wants to
be used.
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00:06:17,600 --> 00:06:21,200
So the only way how to build a
successful network is to be
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generally interested in people
meeting them trying to figure
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00:06:24,500 --> 00:06:26,900
out where the want to go and how
you can support them.
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And then things start coming
back from other sites from
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somewhere people.
Also.
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Start supporting you and it's
like a like give-and-take kind
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00:06:35,100 --> 00:06:39,700
of thing and as a solopreneur it
specifically important because I
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00:06:39,700 --> 00:06:44,500
mean not just as entrepreneur or
whatever you want and whatever
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00:06:44,500 --> 00:06:47,200
you want to do in life, you will
not be able to do it by
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00:06:47,200 --> 00:06:49,600
yourself.
It's like, even the idea
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00:06:49,600 --> 00:06:52,100
generation of a start-up.
It's like it's like puzzle
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00:06:52,100 --> 00:06:55,200
pieces coming together from
different sites so it's like the
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00:06:55,200 --> 00:06:56,800
best advice I got at the
beginning.
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00:06:56,800 --> 00:07:00,700
When I have my idea is to talk
to people and I would get little
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Tweaks, little additional ideas
and that's how it Formed to
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became what it is today.
And also like, for me, one
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00:07:08,900 --> 00:07:12,800
essential part for actually
being where I am now with my
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00:07:12,800 --> 00:07:17,700
startup was that I invested
heavily all the time, even now
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in Partners in collaboration,
and collaboration means giving
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00:07:22,400 --> 00:07:27,700
and taking, not just taking red
and, and building up a network
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00:07:27,700 --> 00:07:30,600
to investors.
Like, I didn't, I bootstrapped?
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00:07:30,700 --> 00:07:35,900
So, Can get investment but if I
want to raise, I have a network.
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00:07:36,100 --> 00:07:39,100
So with investors it
specifically important because
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they are being flooded with
pitch decks.
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00:07:41,600 --> 00:07:45,100
So you need warm intros.
So if you just write them it's
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00:07:45,100 --> 00:07:47,600
like you're one of.
I don't know how many hundreds
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or thousands.
So that's where you need
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00:07:51,400 --> 00:07:53,200
contacts.
You need contacts to other
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Founders.
So you can learn from them that
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you have some sparring partners.
You need a network for you know,
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00:08:00,800 --> 00:08:03,600
how?
How to like to get advice to?
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00:08:03,900 --> 00:08:06,100
I don't know.
Get advisors board members
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customers.
So what everything in life, you
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need a network.
So if people tell me, they are
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too busy for networking, then I
think that's so stupid.
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But that, yeah, I have to agree
with you because when I was
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younger, I did this mistake and
I was thinking, yeah, you know,
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like with all the ideas I have
in my mind with all, you know,
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detect that I can come up with,
you know, I don't need network,
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00:08:30,300 --> 00:08:33,600
but No, yeah, I agree with you.
This is hundred percent, what
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00:08:33,600 --> 00:08:36,900
changed that mehmed for you,
like did you have like, one
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incident where you thought,
okay?
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00:08:38,799 --> 00:08:42,400
Is that open your eyes or that's
good?
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00:08:42,400 --> 00:08:45,200
That you are now asking me the
question and thank you for
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00:08:45,200 --> 00:08:50,100
asking me this for me, it was
like, not one single event.
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It was like a series of event
that after it is, you know, like
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you start to see a pattern,
right?
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00:08:57,300 --> 00:08:59,100
Okay.
The first time you try to do
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00:08:59,100 --> 00:09:01,900
something, I don't call it fail.
I Call it learning.
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00:09:02,000 --> 00:09:06,400
So you learn something here and
and then you know, the slang is
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00:09:06,400 --> 00:09:10,100
like you're a continuing
education and, you know, at some
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00:09:10,100 --> 00:09:14,100
stage you graduate and you say,
Hey, listen, what you cannot do
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00:09:14,100 --> 00:09:15,800
this by yourself.
You need to go and build the
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00:09:15,800 --> 00:09:17,700
network.
You need to, you know, put the
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base and then after that, you
continue.
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00:09:20,300 --> 00:09:24,100
So for me, yeah, it was not like
a one single event that caused
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00:09:24,100 --> 00:09:26,300
this.
It was a series of event and it
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took like 10 years almost until
I reached there.
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But better late than never.
Exactly.
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00:09:33,200 --> 00:09:36,400
Exactly.
Now you you bootstrap your
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business and again I'm biased
little bit and I always liked
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00:09:42,900 --> 00:09:47,500
get interested in any
entrepreneur or solopreneur who
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00:09:47,700 --> 00:09:52,000
bootstrap their businesses.
I'm not against you know raising
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00:09:52,000 --> 00:09:58,700
funds of course not but from
your experience really?
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00:09:58,700 --> 00:10:04,300
What Let me ask this way.
When do you think?
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00:10:04,300 --> 00:10:07,900
Is it a try to bootstrap?
And when do you think know this
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00:10:07,900 --> 00:10:12,200
business cannot be bootstrap, it
should immediately go and get
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some funds from somewhere.
Okay, so I think it's right to
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bootstrap if you don't have
another choice and I think
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that's the biggest thing.
So I when I started when I have
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00:10:26,100 --> 00:10:28,900
my idea and I started to get
into some startup programs,
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00:10:29,200 --> 00:10:32,400
basically the programs would be
focused on you know, you need to
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00:10:32,400 --> 00:10:35,300
fundraise and the bigger the
ticket size you get and some
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00:10:35,300 --> 00:10:38,900
more famous investor is then you
know you made it and you are
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00:10:38,900 --> 00:10:44,900
awesome and you are succeeding.
And there it was already that
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00:10:44,900 --> 00:10:49,700
way that Investors were a bit
more risk-averse so you would it
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00:10:49,700 --> 00:10:52,100
would be really hard to get
funding without an MVP for
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00:10:52,100 --> 00:10:54,700
example.
And then that contains this
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00:10:54,700 --> 00:10:57,900
warning letter from y combinator
that, you know, the next 12
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00:10:57,900 --> 00:11:01,300
months it would be really hard
for Founder's to raise funding
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00:11:01,300 --> 00:11:04,800
and a lot of big stars would let
people go because they would
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00:11:04,800 --> 00:11:07,000
have problems or would go
bankrupt because they have
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00:11:07,000 --> 00:11:08,400
problems to close the next
round.
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00:11:08,600 --> 00:11:10,700
So when you get I don't need to
tell you when you get
183
00:11:10,700 --> 00:11:13,800
Investments or first time it's
like basically taking like a
184
00:11:13,808 --> 00:11:15,800
nose of cocaine and you are like
hook.
185
00:11:15,900 --> 00:11:19,300
And you need like usually
startups raised like every year
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00:11:19,300 --> 00:11:23,700
funding and you are growing,
usually you have more stuff and
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00:11:23,700 --> 00:11:26,300
you're growing faster than your
cash flow would allow it.
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00:11:26,500 --> 00:11:30,300
And so you basically dependent
on getting the next basically a
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00:11:30,300 --> 00:11:33,300
shot of money.
Then the next year, right?
190
00:11:33,300 --> 00:11:37,100
If you don't get that either,
you need to shrink or actually
191
00:11:37,100 --> 00:11:39,500
some go out of business.
So that was one thing.
192
00:11:39,700 --> 00:11:43,300
Now you have the incident with a
Silicon Valley Bank so investors
193
00:11:43,300 --> 00:11:45,700
are even though it has nothing
to do with a start-up site.
194
00:11:45,900 --> 00:11:50,200
Investors, are you most scared?
So I think we are going now
195
00:11:51,300 --> 00:11:52,900
away.
I think it was also kind of a
196
00:11:52,900 --> 00:11:56,200
bubble away from, you know, it's
like, oh, it's Innovative.
197
00:11:56,200 --> 00:11:59,700
We throw money at is do
something like startup are
198
00:11:59,700 --> 00:12:01,700
treated more like normal
businesses.
199
00:12:01,700 --> 00:12:05,000
So, they are evaluated much
stricter.
200
00:12:05,100 --> 00:12:09,600
And it looks basically, I think
startups now need to grow more
201
00:12:09,600 --> 00:12:13,200
sustainably because not everyone
is getting funding.
202
00:12:13,200 --> 00:12:15,300
Actually, funding is getting
quite hard.
203
00:12:15,300 --> 00:12:18,000
And usually, It's getting, you
are getting it later.
204
00:12:18,200 --> 00:12:22,200
So, most companies need to
bootstrap until a certain point
205
00:12:22,200 --> 00:12:25,900
where they have a proof of
concept, they have product
206
00:12:25,900 --> 00:12:29,900
Market fit.
And if they wanted to expand
207
00:12:29,900 --> 00:12:32,900
fast when they already have a
product revenue and customers
208
00:12:32,900 --> 00:12:39,100
and so on, I think then nowadays
you probably like get money.
209
00:12:39,400 --> 00:12:41,700
Yeah.
If your business is available,
210
00:12:41,900 --> 00:12:47,000
but before I think it's not much
of a choice like Most startups
211
00:12:47,000 --> 00:12:49,800
or many startups don't get
funding anymore because to
212
00:12:49,800 --> 00:12:51,300
high-risk, you know.
Yep.
213
00:12:52,300 --> 00:12:57,000
Yeah, got it but not now you do
also, you do like Venture
214
00:12:57,000 --> 00:13:00,000
Capital work as well, right?
Am I correct?
215
00:13:00,000 --> 00:13:02,900
I did.
I did in the past, by a b Oz.
216
00:13:02,900 --> 00:13:06,100
Yeah, yeah.
So even if it was like, may be
217
00:13:06,100 --> 00:13:09,400
short but from your experience
working there, right?
218
00:13:09,400 --> 00:13:14,600
So how this influenced you know
your way of adopting new trends,
219
00:13:14,600 --> 00:13:16,200
Technologies and business?
This model.
220
00:13:16,200 --> 00:13:20,200
Like how this change your
outside perspective to these
221
00:13:20,200 --> 00:13:24,100
areas?
I think it's changed in the way
222
00:13:24,100 --> 00:13:28,300
that I know what we seized are
looking for, which is helpful.
223
00:13:28,600 --> 00:13:31,800
So, basically, if you know what
they're looking for, I think
224
00:13:31,800 --> 00:13:35,500
it's always an option and
ideally always have it as an
225
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option that you can take
investment, or you can sell your
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company.
So, it's like, I'm trying to set
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it up in the way like I'm not
there yet, but that's not
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entirely dependent on me.
For example, I set it up in the
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way that it's scalable, and I
said, It up in the way that we
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have problems.
Business model, reoccurring
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revenue.
Is there some Buzz words that we
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see?
These are totally keen on and
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that house.
The other thing, why I'm not
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that Keen on Venture Capital so
I'm more keen.
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Like if I were take investment
it would probably be more from
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angels.
I don't exclude Venture Capital.
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But so when I was not into that
area and I read this headlines
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in the newspaper, all this
startup got 200 million and so
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on.
I felt like, oh so amazing, so
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successful.
But when you're in venture
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capital, and if you have some
honest words with species, they
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will tell you get Venture
Capital as late if as possible
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because your conditions are
better.
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So you give away less from your
company and get basically more
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money or avoid it because you're
probably aware like off the
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cliff and vesting face.
So basically you're making
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yourself a Wave of the because
these, yeah, so it's like really
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tough and you're not really
entirely control in control
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anymore of the Strategic
direction of your companies.
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So there's always someone with a
whip behind you.
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And yeah, it's also something
that you don't want, and if
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something goes wrong like in The
Cliff face, they can kick you
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out of the company and you will
end up with nothing and these
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are things like early stage.
Founders, I think glorified
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venture capital and VC money.
It's not free.
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Money.
It's a contrary.
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So yeah.
Actually this resonates with,
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you know, a couple of people
either I interviewed them here
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00:15:28,400 --> 00:15:32,400
on the show or I spoke to them
in real life and the number one
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for them in addition, you know,
to what you talked about to
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00:15:36,300 --> 00:15:38,000
bootstrap.
Exactly.
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00:15:38,000 --> 00:15:43,100
The last point they said I would
fail by myself rather than you
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know, someone kicked me out of
something that I have started.
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So yeah, yeah.
So it's like Something we will
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see a lot now.
Really, what I'm enjoying is
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that you have this, you know,
holistic I would say experience.
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00:15:56,800 --> 00:15:58,800
So now I'm going to shift gears
about something.
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You did also so you have
experienced in advising board
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00:16:02,400 --> 00:16:05,000
risk and crisis management
strategy, Innovation.
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So from your experience, and I'm
asking this question again
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because people who can watch and
listen to this episode, I'm sure
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that they will benefit if they
are about to start a business or
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you know, start a have a new
startup.
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So what do you think are the The
most critical factors right for
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businesses to remain
competitive.
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00:16:24,200 --> 00:16:28,600
Especially we've seen changes
coming really fast nowadays.
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Like, you can have one thing
that comes today.
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00:16:31,500 --> 00:16:37,100
It disrupt, the market
completely, I think, one
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00:16:37,100 --> 00:16:39,200
important thing.
So I talk a lot of ways.
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00:16:39,200 --> 00:16:43,200
People say, I have a network not
just in my Niche, but literally
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00:16:43,200 --> 00:16:47,900
globally and across all
disciplines and sectors and they
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00:16:47,900 --> 00:16:51,100
are a lot of trends that
Affecting everything like a i
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00:16:51,100 --> 00:16:53,200
for example.
But there are also a lot of
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00:16:54,900 --> 00:17:00,900
trends that are in certain
industries and certain I don't
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00:17:00,900 --> 00:17:04,099
know in certain these are all
bubbles you know and by being in
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00:17:04,099 --> 00:17:07,500
all of these bubbles you're
aware of Trends really early and
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00:17:07,500 --> 00:17:10,099
it's not just that you're
preventing risks but you are
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00:17:10,099 --> 00:17:12,700
learning a lot about.
Interesting things that you
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00:17:12,700 --> 00:17:15,900
could adopt and you could make
your business better or you
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00:17:15,900 --> 00:17:21,599
could trick your business with
With and that helps, and also
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00:17:21,599 --> 00:17:25,400
the network really like, even if
you don't see things yourself,
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00:17:25,400 --> 00:17:27,900
people in your network.
If you have a good Network, they
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00:17:27,900 --> 00:17:29,800
will come to you and tell you,
you know, this might be
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00:17:29,800 --> 00:17:31,900
interesting.
So, you're also getting a lot of
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00:17:31,900 --> 00:17:37,500
opportunities and Justice access
to opportunities to knowledge
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00:17:37,500 --> 00:17:42,900
to, you know, really key figures
in the world that support you.
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00:17:43,400 --> 00:17:45,900
It lifts you up and it protects
you.
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00:17:45,900 --> 00:17:50,200
So that's one easy thing, I
think Now also obviously
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00:17:50,300 --> 00:17:53,800
additionally to, to talking to
people, I do a lot of reading
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00:17:53,800 --> 00:17:57,200
and and all kind of things.
So it's like, you never can get
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00:17:57,200 --> 00:17:59,600
comfortable.
You always, you should be
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00:17:59,600 --> 00:18:03,500
excited about learning and
trying to figure out where as a
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00:18:03,500 --> 00:18:06,400
journey going and you should be
excited about it.
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00:18:06,400 --> 00:18:10,000
It shouldn't feel like a pain.
So it's a lot of mindset.
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00:18:11,000 --> 00:18:15,500
Yeah, yeah, speaking about
mindset, like also while I was,
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00:18:15,500 --> 00:18:19,500
you know, preparing for the
episode I know that you You have
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00:18:19,800 --> 00:18:23,000
did some Adventure sailing
across the Atlantic, right?
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00:18:24,400 --> 00:18:26,200
Yeah.
So the reason I wanted to ask
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00:18:26,200 --> 00:18:28,700
you, you know, like first I was
hesitating, should I ask for?
310
00:18:28,700 --> 00:18:32,700
No, but because from, you know,
my preparation, I know that this
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00:18:32,800 --> 00:18:36,000
kind of, you know, shape the way
also, you do business.
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00:18:36,000 --> 00:18:38,800
So I want to hear this from you
and what are the valuable
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00:18:38,800 --> 00:18:42,700
lessons, you know, you have
learned and how you could share
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00:18:42,700 --> 00:18:48,800
this experience to the audience.
Okay, so the thing is, I think
315
00:18:48,800 --> 00:18:52,400
people are romanticizing sailing
across the Atlantic.
316
00:18:53,400 --> 00:18:56,300
It's really a, I love sailing
and see and I think it's really
317
00:18:56,300 --> 00:19:01,900
good for your mind and it's
really relaxing but the relaxing
318
00:19:01,900 --> 00:19:06,000
part is like island hopping and
there's usually you meet animals
319
00:19:06,000 --> 00:19:10,100
and you see people and so on.
But if you do Blue Water sailing
320
00:19:10,500 --> 00:19:15,900
and it's basically like we were
nearly three weeks on the water
321
00:19:16,100 --> 00:19:18,800
And he looks see stops, the
first three days and maybe the
322
00:19:18,800 --> 00:19:21,900
last three days and between most
of the time legs, there's
323
00:19:21,900 --> 00:19:24,800
nothing, everything is moving
everything.
324
00:19:25,000 --> 00:19:28,600
It's like you're basically more
or less on your own or with the
325
00:19:28,600 --> 00:19:32,500
people you sale.
You get sleep, do a legacy like
326
00:19:33,000 --> 00:19:37,500
not enough sleep.
It's you are in storms for days
327
00:19:37,500 --> 00:19:41,500
and all these things.
And the worst thing with that is
328
00:19:41,500 --> 00:19:44,700
that it's like you can't just
change your mind and say, okay,
329
00:19:44,700 --> 00:19:47,000
I'm getting out of this boat.
Because you're in the middle of
330
00:19:47,000 --> 00:19:51,700
the ocean and I think it's
comparable to a Founders journey
331
00:19:51,700 --> 00:19:54,800
is like, you can't just say
like, wake up one morning and
332
00:19:54,800 --> 00:19:57,400
say, okay, I'm done with it.
It's like and here you have it
333
00:19:57,400 --> 00:19:59,500
or like having a child is
probably similar.
334
00:19:59,900 --> 00:20:05,100
And I think you really one of
the what I found, one of the key
335
00:20:05,100 --> 00:20:12,100
success factors as a Founder is
your mindset and how well you
336
00:20:12,100 --> 00:20:15,900
are able to deal with your
emotions.
337
00:20:16,200 --> 00:20:19,200
It's like zaps, a foundation for
everything.
338
00:20:20,200 --> 00:20:23,000
If you're not on top of that,
it's like everything will
339
00:20:23,000 --> 00:20:26,800
crumble and you can literally
destroy your business within a
340
00:20:26,800 --> 00:20:30,100
day.
And that was a really hard
341
00:20:30,100 --> 00:20:33,200
learning within my first year of
being a Founder.
342
00:20:33,500 --> 00:20:36,400
Because the volatility
especially at the beginning is
343
00:20:36,400 --> 00:20:39,200
so high.
It's like some days you it feels
344
00:20:39,200 --> 00:20:42,100
like you're winning and other
feel like everything is falling
345
00:20:42,100 --> 00:20:45,700
apart and you need to deal with
that otherwise it destroys you.
346
00:20:46,400 --> 00:20:50,100
Wow, that's really.
I would say eye-opener because I
347
00:20:50,108 --> 00:20:54,300
was just trying to visualize it.
As we said, you are in in the
348
00:20:54,300 --> 00:20:57,000
water for.
I don't know days and you cannot
349
00:20:57,000 --> 00:21:00,300
see anything.
So yeah, that resonated quite
350
00:21:00,300 --> 00:21:04,200
well with me.
We will coming to an end
351
00:21:04,200 --> 00:21:06,800
Priscilla.
Just, I want to ask you about
352
00:21:06,800 --> 00:21:10,200
your current startup Network
acts like how it's helping
353
00:21:10,800 --> 00:21:13,600
innovators and exclusive clubs
around the world.
354
00:21:13,600 --> 00:21:18,200
Like if you can, just give us
some You know information about
355
00:21:18,200 --> 00:21:22,000
your startup.
Yeah, network network.
356
00:21:22,000 --> 00:21:26,900
X is called is a lead generation
platform for the most exclusive
357
00:21:26,900 --> 00:21:29,400
clubs in the world like
business, private members,
358
00:21:29,400 --> 00:21:35,400
service Polo, you have golf
automobile clubs and it helps
359
00:21:35,400 --> 00:21:39,200
the club's to solve their
challenges in the area of over
360
00:21:39,200 --> 00:21:45,100
aging diversity and inclusion
growth expansion member in
361
00:21:45,100 --> 00:21:48,400
activity.
T, on the other hand, like, my
362
00:21:48,400 --> 00:21:52,600
aim is like, I was not born with
a silver spoon in my mouth, so I
363
00:21:52,600 --> 00:21:55,600
built up everything by myself
and I'm really proud of that.
364
00:21:56,100 --> 00:22:01,100
And one big factor to building
up my world class network was,
365
00:22:01,100 --> 00:22:05,900
joining exclusive clubs so I
joined my first club club by
366
00:22:05,900 --> 00:22:09,000
accident because I got a
management award from them.
367
00:22:09,000 --> 00:22:12,500
And then I look globally when I
was working, always for similar
368
00:22:12,500 --> 00:22:18,500
crimes and I try to figure out
like Why other amazing people
369
00:22:18,500 --> 00:22:22,200
that are young and want to
change the world, why they are
370
00:22:22,200 --> 00:22:24,100
not in his clubs and their
different factors?
371
00:22:24,100 --> 00:22:27,400
They don't know about them, they
think they don't know about the
372
00:22:27,400 --> 00:22:29,300
requirements.
So they think they are not good
373
00:22:29,300 --> 00:22:33,100
enough or they don't have any
members that would recommend
374
00:22:33,100 --> 00:22:34,400
them because I don't know
anyone.
375
00:22:34,800 --> 00:22:38,900
So one thing for me is I want to
help people to build up a
376
00:22:38,908 --> 00:22:43,200
world-class Network.
Independently of the social
377
00:22:43,200 --> 00:22:49,000
ethnic origin, gender, sexual
orientation, just amazing
378
00:22:49,000 --> 00:22:50,900
people.
That was a good-hearted, want to
379
00:22:50,900 --> 00:22:55,900
change the world and basically
you can sign up on network X for
380
00:22:55,900 --> 00:22:58,000
free.
And if you accepted, you can
381
00:22:58,000 --> 00:23:00,900
basically you get suggested
suitable clubs for you.
382
00:23:01,200 --> 00:23:06,400
And my aim is basically to help
people to achieve the same as
383
00:23:06,400 --> 00:23:12,200
me, probably in less time and
with less No effort and pain and
384
00:23:12,700 --> 00:23:14,500
yeah.
So that's my mission.
385
00:23:15,100 --> 00:23:17,300
That's that's great to hear that
Priscilla.
386
00:23:17,300 --> 00:23:24,300
Like, I'm always, you know,
fascinated by any startup
387
00:23:24,300 --> 00:23:28,400
founder solopreneur, whatever?
Sometimes, you know when I we
388
00:23:28,400 --> 00:23:31,700
see also like a new namings,
like Indie hackers and no
389
00:23:31,700 --> 00:23:34,500
matter, whatever you want to
call it, whatever you want to
390
00:23:34,500 --> 00:23:37,700
call them.
But these people like who are
391
00:23:37,700 --> 00:23:41,200
trying like yourself trying to
you know, leave the Word, as we
392
00:23:41,200 --> 00:23:44,900
save a better place than when we
found it, especially, you know,
393
00:23:44,900 --> 00:23:52,200
if we can give, you know, back
to society, solving the things
394
00:23:52,200 --> 00:23:55,000
that at our times, maybe we were
not able to find.
395
00:23:55,000 --> 00:23:58,800
So I really, you know,
appreciate the work you're
396
00:23:58,800 --> 00:24:01,100
doing.
And as I said, I was pretty much
397
00:24:01,100 --> 00:24:03,400
fascinated by all the work you
have done.
398
00:24:04,400 --> 00:24:07,400
Thank you, any final thoughts.
You want to share before we come
399
00:24:07,400 --> 00:24:10,200
to an end.
Well I want to thank you because
400
00:24:10,200 --> 00:24:14,200
I think you are inspiring a lot
of Founders or Founders to be
401
00:24:14,200 --> 00:24:17,200
with your podcast.
So that's you way.
402
00:24:17,200 --> 00:24:18,700
You make the world a better
place.
403
00:24:18,700 --> 00:24:20,800
So thanks for that and thanks
for inviting me.
404
00:24:20,800 --> 00:24:26,100
And I mean, for me, it's like I
encourage everyone to connect
405
00:24:26,100 --> 00:24:29,900
with me and reach out, so, if I
can help, I'm always happy and
406
00:24:29,900 --> 00:24:32,700
also if you want, so I published
a best-selling book.
407
00:24:32,700 --> 00:24:37,900
So I'm happy to share the PDF
for free with amazing with your
408
00:24:37,900 --> 00:24:39,400
audience.
Science amazing.
409
00:24:39,400 --> 00:24:42,000
So what?
Yeah, please go ahead.
410
00:24:43,400 --> 00:24:48,000
I just want to say one thing and
the future is bright and
411
00:24:48,000 --> 00:24:50,800
everything is possible and I
think that's something that you
412
00:24:50,800 --> 00:24:53,200
always need to keep in your mind
during covid.
413
00:24:53,300 --> 00:24:58,400
Doing war is like you, like you
as a single person, have an
414
00:24:58,400 --> 00:25:02,400
impact and it makes you feel so
much better about the world.
415
00:25:02,400 --> 00:25:05,600
If you don't feel like a victim
that you go out and do something
416
00:25:05,600 --> 00:25:08,200
and make other people's lives
and the world better.
417
00:25:08,700 --> 00:25:12,600
So I can just encourage you.
It's like an even if you're
418
00:25:12,600 --> 00:25:15,100
employed as like you are not
tired, you're uninspired.
419
00:25:15,100 --> 00:25:20,100
And like, honestly, like I was a
risk consultant, so I'm probably
420
00:25:20,100 --> 00:25:24,000
one of the most risk of worst
people in the world and I find
421
00:25:24,000 --> 00:25:27,100
being a Founder is worth it.
And it's not as scary as you
422
00:25:27,100 --> 00:25:30,100
might think, wow.
Like I think this is the best
423
00:25:30,100 --> 00:25:32,800
message ever.
Someone who used to be working
424
00:25:32,800 --> 00:25:36,900
in the risk Department really
but it's very inspiring and
425
00:25:36,900 --> 00:25:40,400
really thank you for For sharing
this message, I would make sure
426
00:25:40,400 --> 00:25:43,900
also to share you know the
website and you know how you can
427
00:25:44,300 --> 00:25:50,000
get in touch with Priscilla on
the episode-description whether
428
00:25:50,000 --> 00:25:52,800
you know on your favorite
podcasting platform or on
429
00:25:52,800 --> 00:25:54,900
YouTube.
Well, thank you very much for
430
00:25:54,900 --> 00:25:56,900
sale again for being my guest
today.
431
00:25:57,200 --> 00:25:58,800
I thank you.
Thank you.
432
00:25:58,800 --> 00:26:02,700
For everyone who would be
watching this either on YouTube.
433
00:26:02,700 --> 00:26:05,500
Don't forget to subscribe to the
channel if you are listening
434
00:26:05,500 --> 00:26:08,600
this, using your favorite
podcasting Warm.
435
00:26:08,600 --> 00:26:12,200
Don't forget, also to subscribe.
And please tell your friends and
436
00:26:12,200 --> 00:26:15,200
colleagues about it.
And I hope as usual that you
437
00:26:15,208 --> 00:26:19,200
enjoyed the content today, and
if you have any used feedback,
438
00:26:19,200 --> 00:26:22,400
any questions around this
episode, all the show in
439
00:26:22,400 --> 00:26:25,400
general, please don't hesitate
to get in touch with me directly
440
00:26:25,400 --> 00:26:28,600
either by email, Twitter or
LinkedIn.
441
00:26:29,100 --> 00:26:32,200
Also, if you would like to come
on the show and discuss.
442
00:26:32,200 --> 00:26:35,300
Any topic related, I would be
more than happy also to have you
443
00:26:35,300 --> 00:26:38,700
with me here.
And as usual, I will, Give you
444
00:26:38,700 --> 00:26:40,600
and we meet again in the next
episode.
445
00:26:40,600 --> 00:26:42,100
Thank you very much.
Bye bye.
446
00:26:38,200 --> 00:26:40,600
Give you and we meet again in
the next episode.
447
00:26:40,600 --> 00:26:42,100
Thank you very much.
Bye bye.











































