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Entrepreneurship and ambition: Europe has a lot of catching up to do

Entrepreneurship is the most important driver of our economy. People who dare to leave the security of a salaried job and start their own company are probably the greatest source of innovation, growth and creativity. In addition to ideas, market knowledge and leadership skills, founders need two things above all: Read more…

By Andreas Goeldi, 4 months ago October 21, 2022
Entrepreneurship

The 10 mistakes most founders make in a downturn

By now we probably all understand that the current market situation in the tech industry is not just a blip, but likely a serious downturn that could last many months or even years. I’ve been through two downturns as a startup founder (2000/01 and 2008/09) and am now experiencing this Read more…

By Andreas Goeldi, 9 months ago May 21, 2022
Startups

Three truly rare skillsets that startups need

What are the roles in a tech startup that are hardest to hire for? Most people would probably immediately say “software engineers”, and that’s correct from an absolute point of view. Tech startups need many engineers, and everybody is competing for them. But I would argue that there are three Read more…

By Andreas Goeldi, 12 months ago February 20, 2022
Entrepreneurship

Respect other people’s skills

“Our technology is so brilliant that it will sell itself. Maybe at some point we’ll hire a sales guy who can take care of phone calls and paperwork.” “Our business idea is amazing, and we really know how to sell it. Building the product is the least of our worries. Read more…

By Andreas Goeldi, 12 months ago February 5, 2022
Entrepreneurship

What Is Your Professional Tribe? And Why Does it Matter?

Humans are a tribal species. We evolved in small bands of hunters and gatherers. Close collaboration within your group and scepticism towards any outsiders was a precondition for survival. Later, humans organized in larger groups called tribes, which had more complex social structures. This was the dominant organizational pattern for Read more…

By Andreas Goeldi, 2 years ago July 4, 2021
Entrepreneurship

Is Work-Life Balance for Entrepreneurs a Myth? Four Brutal Truths

Being an entrepreneur, particularly a founder of a fast growing tech startup, is obviously a hard job. Anybody who chooses this career is probably aware that it comes with long hours, many ups and downs and plenty of challenging situations. Entrepreneurship traditionally has a culture of relentless optimism. Ask any Read more…

By Andreas Goeldi, 2 years ago June 26, 2021
Entrepreneurship

Does your company have a textual or oral culture?

“Culture eats strategy for breakfast” — Peter Drucker’s famous quote summarizes well how important a strong culture is for any company’s success. Particularly tech startups have gone to great lengths in consciously shaping their culture and even exposing their cultural principles publicly (as in the example of Hubspot). But one Read more…

By Andreas Goeldi, 2 years ago June 5, 2021
Money
Entrepreneurship

What I Didn’t Understand About VCs When I Still Was a Founder

A year ago I became a venture capitalist after 23 years as a startup founder and early-stage startup executive. At the beginning of 2019 I joined btov Partners, one of Europe’s most established VC firms, as a full-time investing partner, and the experience has been quite eye-opening. When you interact Read more…

By Andreas Goeldi, 3 years ago December 10, 2019
Entrepreneurship

22 Things I Learned as a Tech Entrepreneur (The Hard Way)

At the beginning of this year, I switched to the other side of the table. I was an entrepreneur for almost 24 years, and I recently took on a new role as a partner at btov, a European VC firm. It’s a rewarding and fascinating job. The part I like Read more…

By Andreas Goeldi, 4 years ago April 26, 2019
Entrepreneurship

Words from the Wise: How Startups Can Get the Most Out of Their Advisors

Go to any early-stage startup website, and you’ll likely find a page proudly listing advisors, probably half a dozen or more. Advisors are mentioned in most funding pitches and sometimes even in sales presentations. Having a strong group of well-known advisors has become a quality signal for startups, a proof Read more…

By Andreas Goeldi, 4 years ago November 2, 2018

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