It does not matter what exactly the product or service is. You start selling hours of teaching, or toys, or kitchen ware, or you offer advice to peers, you work on a farm, you…. Entrepreneurship for most people is not like this. “Forget about all these Silicon Valley stories, the visions about unicorns and huge companies. Then he repeated something that he had learned from a truly inspiring professor and former entrepreneur last year. In my conversation with Michael yesterday, we reflected on our learnings and our own somewhat blind fascination with U.S. Again, I would raise the simple question of why we would even want this competitive thinking to dominate? But I covered these big questions yesterday. And even if it did, I do not think that a few super-sized startups that turn into corporates at some point can save Europe’s role in the world economy in the long run and in a sustainable manner. The latter does not work that well in Germany. and taking them as the ideal blueprint for entrepreneurial ventures. startups! But I want to clarify that there is a difference between learning from startups in the U.S. Yes, I know, I have actually been promoting this with my stories about startup biographies from U.S.
When I talked to my friend Michael about entrepreneurship yesterday, we both agreed that there is something wrong with the Silicon Valley ideal of startups. Today I want to focus on some alternatives in more detail but again based on a “real-life” example.
I had talked about how the concept of blitzscaling (Reid Hoffman), i.e., super-fast company growth, does not fit into the European/German narrative of entrepreneurship. This morning I made the decision to write a follow-up to yesterday’s story because I was not done in a way.
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