Founders Reveal the Raw Truth About Startups in New Royal GS Podcast
Founders Reveal the Raw Truth About Startups in New Royal GS Podcast
Founders Reveal the Raw Truth About Startups in New Royal GS Podcast
Entrepreneurs Nikita Fahrenholz and Martin Eyerer have shared their insights on business and startups in a new podcast. The series, called Royal GS, explores the real lives of founders, from their highs to their missteps. It is now available on Spotify and Apple Podcasts. Fahrenholz and Eyerer define entrepreneurship as a mix of courage, risk-taking, perseverance, and self-discipline. Eyerer notes that startups focus on developing new products, accepting the possibility of failure. Fahrenholz adds that the startup phase ends once the business model proves successful, shifting the focus to scaling and market share.
Timing plays a crucial role in their perspective. Fahrenholz describes his experience with Lieferheld and Delivery Hero as proof that timing often matters more than the business model itself. He calls Delivery Hero a 'genius act of timing' rather than a 'genius business model'. According to him, the ideal moment to enter a market is when it feels almost too late, just before it goes mainstream.
Fahrenholz also stresses the importance of urgency for entrepreneurs, whether they are founders or employees. He distinguishes his luxury garage venture from a startup, as it aims to build profit gradually rather than pursue rapid growth. The podcast offers a raw look at the challenges and triumphs of founding a business. Listeners can hear discussions on gossip, bold decisions, and the lessons learned from failure. The episodes provide practical perspectives on what it takes to succeed in entrepreneurship.
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