Podcasts about habit from effectiveness

If you have ever wanted to know more about psychological safety this brew is a one not to be missed. Jonathan Hunsley and Philippa Thomas are joined by Emma Lee (Chief Psychologist at Matthew Syed Consulting and registered psychologist) to discuss this important topic.Collectively they explore questions such as:▶️What is psychological safety?▶️Why is psychological safety important?▶️How does psychological safety impact individuals and teams?▶️How might an absence of psychological safety impact creativity and organisational learning?▶️How might we develop a culture of psychological safety?FURTHER RESOURCES The following BA Brews may be of interest:BA Brew 80 - Bravery in Business Analysis (feat. Kay Hardy & Charlie Payne)BA Brew 76: The Human Element (feat. Helen Holder)BA Brew Episode 60: Imposter Syndrome: Are you an imposter in BA clothing? (feat. Jo Fahy)BA Brew 49: Mental Health (feat. Petra Velzeboer)BA Brew 30: Confidence (feat. Philippa Thomas)BA Brew 20: Resilience (feat. Corrine Thomas)Books Radical Candor: How to Get What You Want by Saying What You Mean – Kim ScottRebel Ideas - Matthew SyedThe 8th Habit: From Effectiveness to Greatness – Stephen R Covey#businessanalysis #businessanalyst #baprofessional #psychologicalsafety #MatthewSyed

Welcome to Season 2 of extra-Ordinary Leaders with Dolly Waddell.We could all do with a little more energy in the workplace, and this episode is the perfect starter pack.Experienced business consultant, speaker, mother, and Founder of The People Performance Consultancy, Dolly Waddell is on a mission to revitalise leadership and help everyone add a little something extra to their ordinary.In this episode, Dolly is joined by Chris Baréz-Brown, author, speaker, and founder of Upping Your Elvis.Together, they explore how leaders can optimise energy at work, why escaping the “auto-pilot mode” is the key to leading with more connection, and how the hunter-gatherer instinct impacts the way we work and lead.What does our biological design say about our energy levels? And how can we leverage this innate design not just to optimise our own energy at work but also to influence energy dynamics within the teams we lead?Find out in this wide-ranging conversation.Stay tuned for more episodes of extra-Ordinary Leaders with Dolly Waddell.---------------------------To get in touch with Chris, find him here:LinkedIn: https://www.linkedin.com/in/chris-bar%C3%A9z-brown-0695531Website: https://www.uppingyourelvis.com/---------------------------Resources mentioned:The 8th Habit: From Effectiveness to Greatness by Stephen Covey.---------------------------To get in touch with Dolly, find her here:LinkedIn: https://www.linkedin.com/in/dollywaddell/?originalSubdomain=ukThe People Performance Consultancy: https://www.dollywaddell.com/

In the 166th episode of The Strength Connection Podcast, Mike and our special guest, CEO and founder of Alloy Franchise, Rick Mayo, will talk about celebrating the 100th franchise, the evolution of an entrepreneur, the power of royalties in a franchise, and setting the right expectations.Join us in this insightful and captivating talk! In this chapter, you will discover:(0:30) Introducing our special guest, CEO and founder of Alloy Franchise, Rick Mayo @coachrickmayo(0:50) Celebrating the 100th franchise(2:00) Sometimes celebrating could kill the momentum(3:10) 30 years of Alloy, the first milestone(3:40) Making movie analogies to young people, Ferris Bueller's Day Off (1986 Movie)(4:40) Making movie analogies to young people, The Goonies (1985 Movie)(5:30) Why did Rick Mayo decide to go into franchises?(7:40) The growth process of Rick Mayo: trainer, brick and mortar owner, multiple brick and mortar owner, consulting, speaking, licensing, franchising.(9:30) The evolution of an entrepreneur(11:00) Which one of the transitions was the hardest?(12:40) Your body reacts the same way whether you're nervous or excited(14:10) “Purpose is really important” - Rick Mayo @coachrickmayo(18:40) Mike's story in the fitness industry(18:45) “Sometimes you're so deep in the forest you can't see the trees” - Michael Kurkowski (21:00) “Enthusiasm is magnetic” - Rick Mayo @coachrickmayo(22:40) The Top Five Regrets of the Dying by Bronnie Ware https://www.amazon.com/Top-Five-Regrets-Dying-Transformed/dp/140194065X (23:20) Don't let your dreams die(24:20) The 8th Habit: From Effectiveness to Greatness by Stephen R. Covey https://www.amazon.com/8th-Habit-Effectiveness-Greatness/dp/0743287932 (24:50) Entrepreneur is a cool term nowadays(27:20) Passion for entrepreneurship(28:00) The power of royalties in a franchise(29:30) The farther the branches grow, the farther away from the foundation it is. If that foundation is rocky, then eventually you're gonna grow so much, and the tree's gonna tip over(30:00) Should you set your goals high or achievable?(31:40) I never went fully on in one thing(34:50) Ask yourself, “What do I truly want?”(36:40) The satisfaction of trying and doing your best(38:40) “Your best isn't good enough” - Rick Mayo @coachrickmayo(41:00) An entrepreneur is born or raised?(44:30) “Your best now might not be the best in your future” - Rick Mayo @coachrickmayo(45:25) Setting the right expectations(49:50) What lessons did Rick Mayo learn going from one to a hundred franchises?(53:00) “The devilish distraction of complexity is always available” - Rick Mayo @coachrickmayo(55:50) How would you describe living the strongest version of yourself?(56:00) Aim high and move in that direction(58:50) Where to find more about Rick Mayo @coachrickmayo and Alloy Franchise https://alloyfranchise.com/ 

You've heard of The 7 Habits of Highly Effective People. But did you know that its author, Stephen Covey, was in his late fifties when it came out? After it became a monumental bestseller, Covey continued to work on new book ideas, one of which encapsulated his own experience with late-in-life success and his commitment to having an ever-forward-looking attitude. A decade after his death, that book has finally been brought to fruition by Stephen's daughter, Cynthia Covey Haller. It's called Live Life in Crescendo: Your Most Important Work Is Always Ahead of You, and its contents really represent the capstone habit to those that came before.Today on the show, Cynthia unpacks the crescendo mentality and how it represents a commitment to continual learning, growth, and change that you can adopt at any age. We discuss how embracing the crescendo mentality is particularly important in midlife, why that stage of life can be uniquely challenging whether you've achieved success or are struggling, and the shifts people in each of those situations can make to find greater fulfillment.Resources Related to the EpisodeThe 7 Habits of Highly Effective People by Stephen R. CoveyThe 8th Habit: From Effectiveness to Greatness by Stephen R. CoveytAoM series on The 7 Habits of Highly Effective PeopleAoM Podcast #607: The 7 Habits of Highly Effective People (With Stephen R. Covey‘s son, Stephen M.R. Covey)AoM Podcast #776: How to Shift Out of the Midlife MalaiseHow Will You Measure Your Life? by Clayton M. ChristensenMan's Search for Meaning by Viktor E. Frankl The 7 Habits of Highly Effective Teens by Sean CoveyMike Mason, retired FBI bus driverConnect With Cynthia Covey HallerCynthia on IG

When speaking in public, challenging authority or dealing with negative feedback, business analysts need to feel and appear confident. But how do you build that confidence? In our Season 3 Finale, the Crew, with guest Philippa Thomas, come up with some top tips that include doing what you fear, visualising success and being selective about the criticism you pay attention to. During the podcast, Philippa mentions ‘Playing Big' by Tara Mohr [Playing Big: A practical guide for brilliant women like you: Amazon.co.uk: Mohr, Tara: 9780099591528: Books], while Jonathan refers to ‘The 8th Habit' by Stephen R. Covey [The 8th Habit: From Effectiveness to Greatness: Amazon.co.uk: Covey, Stephen R.: 9780743206839: Books] Participants: AssistKD's Jonathan Hunsley and Nicole Rayner with Philippa Thomas, owner of management training company Skills Shift. [(52) "philippa thomas" | Search | LinkedIn]. AssistKD provides training, apprenticeships and consultancy services throughout the UK and internationally. Click here to view AssistKD's extensive choice of classroom (virtual and in house) and online courses.

On December 29, 2021, Productivity Book Group hosted its final book discussion of the year, The 8th Habit: From Effectiveness The post The 8th Habit: From Effectiveness to Greatness by Stephen R. Covey, PhD – Productivity Book Group appeared first on Productivity Book Group.

You Are Worthy Episode 10   "Ego is what get's in the way for many leaders. Leaders need to be willing to learn and grow." – Shari Strong   In this episode, Holly & Kristin talk with Shari Strong about: Her biggest fear is not reaching her God-given potential. The importance of investing in yourself and your development. Never giving up on your dreams. Keep moving forward, and know that you can do this! The need for more women willing to share their stories, be vulnerable, and not judgemental. Mentor other women and lift them up because they are our future. Purpose & learning/development are what's most important to today's young contributors Key Takeaways Constantly ask yourself what you need to learn. You are worthy. You are here on this Earth for a reason. Follow your dreams. Let go of thinking of things as big or small. Big is relative. If you start saying "always" or "never," recognize you are in trouble. It's not true.  Get a coach, mentor, call your pastor or a friend and talk about it. Live in the moment and just focus on today. You are right where you need to be today. Shari Strong is an Entrepreneur, International Speaker, a Workplace Consultant, and Author. She is known for her ability to get results.  She ignites a new spark towards taking bold steps with new strategies on the "HOW" of adopting new ideas, adapting to change, and influencing those around them for an impact that is positive and creates results that are everlasting. As a Director of Sales for Cars.com, she helped them grow from $25M to $600M in 8 years. She understands how to implement strategies that work while understanding that "people" are the most essential resource. She has been Consulting, Facilitating, and Coaching since 2011. Shari is currently working on her Doctorate in Strategic Leadership from Liberty University. In 2013 she wrote a book titled "My Life Begins Next Monday," which outlines the 7 Stages of Overcoming Obstacles, and for over 20 years, Shari's passion has been the study of "why people do what they do." Over the past ten years, she built two platforms and Certifications that reached three countries, consulted with Gallup Organization and their coaching platform, and has worked with thousands of coaches and small businesses through her consulting. Connect with Shari: Email:              sharistrongjm@gmail.com LinkedIn:         https://www.linkedin.com/in/sharistrong Instagram:      @thesharistrong Facebook:       https://www.facebook.com/shari.strong Mobile:           540.460.1982   Guest Resource Links: Book Recommendation:  The 8th Habit: From Effectiveness to Greatness: Covey, Stephen R.: 9780743287937: Amazon.com: Books   John Maxwell – Start Your Personal Growth Journey with John C. Maxwell.   www.cars.com www.iPEC.com   UPLIFTING WOMEN HOSTS Kristin Strunk and Holly Teska Your co-hosts of the UPLIFTING WOMEN PODCAST, Holly Teska & Kristin Strunk, are women who UPLIFT other women at work and in the world.  Every other week they bring uplifting women guests to share their personal stories of challenge and triumph to inform and inspire their listeners.  The podcast also features guests who have played a significant role in honoring women and their place in the world by serving as promoters, sponsors, and coaches to the many women in their personal and professional lives. Join Holly and Kristin as they hear how their guests navigate the world of career aspirations, life, love, and family. Get advice from successful women who have figured out their own version of "secret sauce" to create the life they love. Holly believes the world needs the best leaders it can build; those who demonstrate integrity, empathy, humility, vision, positivity, and confidence. This type of leader brings out the best in others and delivers outstanding results. Holly feels we need everyone to perform at 100% to making our world a better place. Holly's experience in leadership, executive coaching, and talent development is the foundation of her career.  She has helped bright and motivated leaders become the very best versions of themselves. Through direct feedback, reflection, experimentation, and honest conversation, she will push you to excel at what you were called to do. Holly is especially committed to helping women navigate the choppy waters of today's fast-paced workplace and evolving world conditions but works with many different individuals and situations.  She welcomes inquiries for leadership and executive coaching and speaking engagements. Kristin's experiences have led her to the simple conclusion that leadership is simple - maybe not always easy, but simple.  Her work supporting leaders in finding their voices inspired her to find her own voice in the space of employee experience and leadership development.  She often hears the question that isn't being asked and is skilled at facilitating conversations and building relationships.  She has helped executives lead organizational transformations involving employee engagement, technology, and the new "Future of Work."  Follow her hashtag #responsibleleadership on social media to learn more about simple things leaders can do to build relationships and have a lasting positive impact. Website:         www.upliftingwomen.net   Connect with Holly: LinkedIn:         https://www.linkedin.com/in/hollyteska Twitter:           https://twitter.com/HollyTeska Facebook:       https://www.facebook.com/holly.teska Instagram:      https://instagram.com/HollyTeska Personal Website:         www.hollyteska.com Email:             holly@upliftingwomen.net   Connect with Kristin: LinkedIn:         https://www.linkedin.com/in/kristin-strunk Twitter:           https://twitter.com/leadadvisor Facebook:       https://www.facebook.com/kristin.t.strunk Instagram:      https://instagram.com/ktuttlestrunk Personal Website:         https://regentleadershipgroup.com/ Email:              kristin@upliftingwomen.net  

In this episode, Dan and Bekah talk to Ray Deck, a trained data scientist, occasional angel investor, and software entrepreneur, about finding the right career path through growth, learning, and motivation. We talk about the importance of trust and listening, and Ray drops a bunch of great resources to help everyone find their own path.About RayRay is a trained data scientist, occasional angel investor, and software entrepreneur. His 25-year career spans industries from law to finance. Most recently, Ray is the founder of Sustained Ventures, a software product studio where he also publishes essays on technology and markets.Ray's thoughts can be followed at sustainedventures.com/essays, and his less-thoughtful self is on Twitter @ray_deck.Favorite nonfiction books:Bekah's pick: Beauty in the Broken Places by Allison PatakiBekah's second pick: Scattered Minds by Dr. Gabor MatéDan's pick: Shit, Actually by Lindy WestRay's pick: The Visual Display of Quantitative Information by Edwarde TufteLinks to things mentioned in the episode:Start With Why by Simon SinekThe 7 Habits of Highly Effective People by Stephen R. CoveyThe 8th Habit: From Effectiveness to Greatness by Stephen R. CoveyVirtual Coffee: Virtual Coffee: virtualcoffee.io Podcast Contact: podcast@virtualcoffee.io Bekah: dev.to/bekahhw, Twitter: https://twitter.com/bekahhw, Instagram: bekahhw Dan: dtott.com, Twitter: @danieltott

Full transcript here

"Trust is built when you spend time together." Links mentioned: "The 8th Habit" on Wikipedia "The 8th Habit: From Effectiveness to Greatness" by Stephen Covey The EntreLeadership Podcast Follow Daniel Tardy on Instagram Learn more about how Barncat Media can help you Follow Zack on LinkedIn

This Month in German Startups - Review 2019 and 2020 OutlookIf you are new to our podcast(s), we are wrapping up the startup news of the German-speaking area in a monthly recording from Frankfurt and New York. Have a look at our website www.startuprad.io or www.startup.radio and you will find all the links to our recording and the articles we are quoting from there. Some of the source articles are in English, some are in German.   Find the hosts here: Jörn “Joe” Menninger joe@startuprad.io / Twitter  / LinkedIn / Video Interview (2018) Chris Fahrenbach chris@startuprad.io / Twitter / Homepage / Video Interview (2018)   Publication ScheduleThis episode will … substitute the June News. This year startuprad.io's news wrap-ups will have a summer break from the May News until the end of September. We are sorry, but there is no other way to fit the podcast around Chris and Joe's busy lives.    About this OutlookNonetheless, we are now giving you the review of a decade and the preview of a decade! We mostly stick to top-level stuff, especially since the deeper you dig, the more material we would have to cover.    Recommended Readings (Affiliated Links)The Fire Starter Sessions by Danielle LaPortehttps://amzn.to/38Ug3rUThe 7 Habits of Highly Effective People by Stephen R. Covey https://amzn.to/2sGDy78   The 8th Habit: From Effectiveness to Greatness by Stephen R. Covey https://amzn.to/34DYbOCThe $100 Startup by Chris Guillebeauhttps://amzn.to/2PEoFetOutliers by Malcolm Gladwellhttps://amzn.to/36U41g6Grit – The Power of Passion and Perseverance by Angela Duckworthhttps://amzn.to/2SbuEcj     EnablerThis recording was made possible by Hessen Trade and Invest. Learn more about our enabler here: https://www.invest-in-hessen.com/   Together with our enabler, we are running a podcast called “Tech Startups Germany”, which will focus on startups at a Serie A stage or even more mature. You will also find all the videos we produce for this podcast on our YouTube channel www.youtube.com/startupradio. This podcast is available directly on our device as audio and video podcast, yes, Startuprad.io makes the first downloadable video podcast. Find all options to subscribe here: 

Chandrasekar Pandyan - a Management Consultant, Mentor, Coach, Education, Training, Learning & Development Facilitator, is one among the first few a Certified Knowledge Manager, CKM® from the International KM Institute, USA carries 28+ Years of Corporate / Industry Leadership Experience, with a coveted honor of receiving a citation of being one among the world’s elite “50 Most Impactful Knowledge Management Professionals” from the World Education & Global KM Congress. He has a demonstrated history of working in the Strategy Execution Consulting Industry and served MNC’s including Fidelity Investments, Intel Corporation, MindTree Consulting Virtusa Global Knowledge Manager & InfoGain Corporation. Few questions I ask Chandrasekar Pandyan on insights and viability of Design Thinking is as follows: Time Stamps: 4:19m to 56:40m Can Design thinking change and transform/align the culture of the organization? 4:19m What is the core concepts of design thinking 13:19m In practice, can the Design Thinking approach be jumbled up and can this process be more flexible and non-linear fashion? 22:52m Are there gaps between DT and Execution? 27:28m What are the methods we should be conscious of design thinking in the role of what we do? 33:41m Are there any tools that are effective to solve complex problems in the organization? Please share your real-life experiences. 38:42m Can one develop the capability of design thinking to grow and nurture? 45:02m Would this approach motivate & inspire individual and also team dynamics as collaboration? 48:50m "Powerful question" to my guest to unveil for my listeners.  to engage, enlighten and empower (& that’s the mission of my podcast too) Timestamp at 57:10m  to 1:12 hr According to you, what is the “STAR” moment? What “inspires you” to do everything that you do? If you owned the company, what’s one thing you would do differently in learning? What are the three most important things you would like to accomplish right now? if I may ask you, What are your strengths What’s the best book you’ve read this year? or anytime you recommend for my listeners. What are the characteristics of the best boss role models or mentors/coach you ever had? What made that person great? Are there any tools that you use on a daily basis to be a better you? In continuation, are there any habit you are practicing which has made you successful in whatever you do Your advice to people who are new and want to accelerate their career, and are there any core skills you recommend? Resources & Thought Leaders mentioned in this episode: What Got You Here Won't Get You There: How Successful People Become Even More Successful! Feedforward Innovator's DNA GRASP The Solution: How to find the best answers to everyday challenges The 7 Habits of Highly Effective People The 8th Habit: From Effectiveness to Greatness Harvard Business School Stanford D School Mind Tools Connect with Chandrasekar Pandyan@ LinkedIn Pandyan.chandrasekar@gmail.com Phone: +91 95000 03656 We love your recommendations! If you have any recommendations on the topic you like us to cover or any leaders who you want me to interview…Please drop a line in the comment section. Please visit www.prajvitaknowledge.com/podcast for complete show notes of this episode. For questions, comments and guest suggestions, contact the host, Jyothi G at LinkedIn or email @ prajvitapro@gmail.com  Like us? Rate & Review us! Please do show us your love by subscribing to this channel in iTunes, or any other podcast platforms and do add it to your favorite’s list!  Also, your feedback is definitely a feedforward & your ratings help us build more credibility and attract new listeners. Hence please leave your comment and review as this will definitely ease me to keep making these shows better for you : ) Music – Sound Cloud – Liven Let Me Be Follow the Stars of Learning on Facebook Twitter Instagram

Former nuclear submarine commander David Marquet shares how subtle language changes can make a huge impact.— YOU'LL LEARN — 1) How language impacts your leadership. 2) How to use dissent in the workplace to your advantage. 3) How we're mistaking coercion for leadership. Subscribe or visit AwesomeAtYourJob.com/ep546 for clickable versions of the links below. — ABOUT DAVID — David Marquet is a student of leadership and organizational design and a former nuclear submarine Commander. He was named one of the Top 100 Leadership Speakers by Inc. Magazine and is the author of the Amazon #1 Best Seller: Turn the Ship Around!, and The Turn the Ship Around Workbook. David's new book, Leadership is Language was released recently by Penguin Random House. • Book: Leadership Is Language: The Hidden Power of What You Say--and What You Don't• Book: Turn Your Ship Around!: A Workbook for Implementing Intent-Based Leadership in Your Organization• Facebook: L. David Marquet• Instagram: @ldavidmarquet• LinkedIn: L. David Marquet• Website: DavidMarquet.com— RESOURCES MENTIONED IN THE SHOW — • Book: Mindset: The New Psychology of Success by Carol Dweck• Book: The 8th Habit: From Effectiveness to Greatness by Stephen Covey• Book: The Undoing Project: A Friendship That Changed Our Minds by Michael Lewis• Book: Thinking, Fast and Slow by Daniel Kahneman— THANK YOU, SPONSORS! — • ZipRecruiter is the smartest way to hire. Get a free trial at ZipRecruiter.com/HTBASee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Interview PartnerIn this interview, Joe is talking to Alexander Lange –  Co-Founder and Head of Software Engineering (https://www.linkedin.com/in/alexander-lange-527522119/) at Darmstadt based deep tech startup Xelera Technologies  (https://xelera.io/). He has been with the German Aerospace Center and the European Space Agency.   The StartupXelera Technologies offers specialized software for FPGA processing, which accelerates cloud computing considerably for certain tasks. Xelera already won two awards from the German federal ministry of economics and energy (including digital startup of the year 2019) https://www.de.digital/DIGITAL/Redaktion/DE/Gruenderwettbewerb/Artikel/preistreager-Digitales-Start-up-des-Jahres-2019.html. The startup has also been named a “Top 50 Startup” by German Blog Für-Gründer (https://www.fuer-gruender.de/beratung/gruenderwettbewerb/studie-2019/top-50/)   Recommended Readings (Affiliated Links)The Fire Starter Sessions by Danielle LaPortehttps://amzn.to/38Ug3rUThe 7 Habits of Highly Effective People by Stephen R. Covey https://amzn.to/2sGDy78   The 8th Habit: From Effectiveness to Greatness by Stephen R. Covey https://amzn.to/34DYbOCThe $100 Startup by Chris Guillebeauhttps://amzn.to/2PEoFetOutliers by Malcolm Gladwellhttps://amzn.to/36U41g6Grit – The Power of Passion and Perseverance by Angela Duckworthhttps://amzn.to/2SbuEcj       Deep Tech PodcastIf you are interested in German deeptech startups, you can find our audio-only podcast "Deeptech Germany by Startuprad.io" here: iTunes: https://apple.co/2oWO3Sl Spotify https://spoti.fi/2qucve8   Venture Capital RoundXelera is currently raising its seed round in Q2 2020. If you are interested in investing, reach out to us, we will get you connected.   Further ReadingFormerly with DLR (German Aerospace Center) https://en.wikipedia.org/wiki/German_Aerospace_Center ESA https://en.wikipedia.org/wiki/Rosetta_(spacecraft) ESOC https://en.wikipedia.org/wiki/European_Space_Operations_Centre FPGA https://en.wikipedia.org/wiki/Field-programmable_gate_array GPU https://en.wikipedia.org/wiki/Graphics_processing_unit FPGA coding https://www.fpga4student.com/2017/08/what-is-fpga-programming.html --- Send in a voice message: https://anchor.fm/deeptechgermany/message This podcast uses the following third-party services for analysis: Podder - https://www.podderapp.com/privacy-policy Chartable - https://chartable.com/privacy Feedback We are always looking for ways to make the show better. Please take this opportunity and share your feedback with us! We would love to hear from YOU!!! https://forms.gle/mLV6mVKwGwKuut8BA

Interview PartnerIn this interview, Joe is talking to Alexander Lange – Co-Founder and Head of Software Engineering (https://www.linkedin.com/in/alexander-lange-527522119/) at Darmstadt based deep tech startup Xelera Technologies (https://xelera.io/). He has been with the German Aerospace Center and the European Space Agency. The StartupXelera Technologies offers specialized software for FPGA processing, which accelerates cloud computing considerably for certain tasks. Xelera already won two awards from the German federal ministry of economics and energy (including digital startup of the year 2019) https://www.de.digital/DIGITAL/Redaktion/DE/Gruenderwettbewerb/Artikel/preistreager-Digitales-Start-up-des-Jahres-2019.html. The startup has also been named a “Top 50 Startup” by German Blog Für-Gründer (https://www.fuer-gruender.de/beratung/gruenderwettbewerb/studie-2019/top-50/) Recommended Readings (Affiliated Links)The Fire Starter Sessions by Danielle LaPortehttps://amzn.to/38Ug3rUThe 7 Habits of Highly Effective People by Stephen R. Covey https://amzn.to/2sGDy78 The 8th Habit: From Effectiveness to Greatness by Stephen R. Covey https://amzn.to/34DYbOCThe $100 Startup by Chris Guillebeauhttps://amzn.to/2PEoFetOutliers by Malcolm Gladwellhttps://amzn.to/36U41g6Grit – The Power of Passion and Perseverance by Angela Duckworthhttps://amzn.to/2SbuEcj Deep Tech PodcastIf you are interested in German deeptech startups, you can find our audio-only podcast "Deeptech Germany by Startuprad.io" here: iTunes: https://apple.co/2oWO3Sl Spotify https://spoti.fi/2qucve8 Venture Capital RoundXelera is currently raising its seed round in Q2 2020. If you are interested in investing, reach out to us, we will get you connected. Further ReadingFormerly with DLR (German Aerospace Center) https://en.wikipedia.org/wiki/German_Aerospace_Center ESA https://en.wikipedia.org/wiki/Rosetta_(spacecraft) ESOC https://en.wikipedia.org/wiki/European_Space_Operations_Centre FPGA https://en.wikipedia.org/wiki/Field-programmable_gate_array GPU https://en.wikipedia.org/wiki/Graphics_processing_unit FPGA coding https://www.fpga4student.com/2017/08/what-is-fpga-programming.html Find the video here: https://www.startuprad.io/blog/xelera-technologies-helps-with-their-software-to-accelerate-machine-learning/ Folge direkt herunterladen

Interview PartnerIn this interview, Joe is talking to Alexander Lange – Co-Founder and Head of Software Engineering (https://www.linkedin.com/in/alexander-lange-527522119/) at Darmstadt based deep tech startup Xelera Technologies (https://xelera.io/). He has been with the German Aerospace Center and the European Space Agency. The StartupXelera Technologies offers specialized software for FPGA processing, which accelerates cloud computing considerably for certain tasks. Xelera already won two awards from the German federal ministry of economics and energy (including digital startup of the year 2019) https://www.de.digital/DIGITAL/Redaktion/DE/Gruenderwettbewerb/Artikel/preistreager-Digitales-Start-up-des-Jahres-2019.html. The startup has also been named a “Top 50 Startup” by German Blog Für-Gründer (https://www.fuer-gruender.de/beratung/gruenderwettbewerb/studie-2019/top-50/) Recommended Readings (Affiliated Links)The Fire Starter Sessions by Danielle LaPortehttps://amzn.to/38Ug3rUThe 7 Habits of Highly Effective People by Stephen R. Covey https://amzn.to/2sGDy78 The 8th Habit: From Effectiveness to Greatness by Stephen R. Covey https://amzn.to/34DYbOCThe $100 Startup by Chris Guillebeauhttps://amzn.to/2PEoFetOutliers by Malcolm Gladwellhttps://amzn.to/36U41g6Grit – The Power of Passion and Perseverance by Angela Duckworthhttps://amzn.to/2SbuEcj Deep Tech PodcastIf you are interested in German deeptech startups, you can find our audio-only podcast "Deeptech Germany by Startuprad.io" here: iTunes: https://apple.co/2oWO3Sl Spotify https://spoti.fi/2qucve8 Venture Capital RoundXelera is currently raising its seed round in Q2 2020. If you are interested in investing, reach out to us, we will get you connected. Further ReadingFormerly with DLR (German Aerospace Center) https://en.wikipedia.org/wiki/German_Aerospace_Center ESA https://en.wikipedia.org/wiki/Rosetta_(spacecraft) ESOC https://en.wikipedia.org/wiki/European_Space_Operations_Centre FPGA https://en.wikipedia.org/wiki/Field-programmable_gate_array GPU https://en.wikipedia.org/wiki/Graphics_processing_unit FPGA coding https://www.fpga4student.com/2017/08/what-is-fpga-programming.html

This Month in German Startups - Review 2019 and 2020 OutlookIf you are new to our podcast(s), we are wrapping up the startup news of the German-speaking area in a monthly recording from Frankfurt and New York. Have a look at our website www.startuprad.io or www.startup.radio and you will find all the links to our recording and the articles we are quoting from there. Some of the source articles are in English, some are in German. Find the hosts here: Jörn “Joe” Menninger joe@startuprad.io / Twitter / LinkedIn / Video Interview (2018) Chris Fahrenbach chris@startuprad.io / Twitter / Homepage / Video Interview (2018) Publication ScheduleThis episode will … substitute the June News. This year startuprad.io’s news wrap-ups will have a summer break from the May News until the end of September. We are sorry, but there is no other way to fit the podcast around Chris and Joe's busy lives. About this OutlookNonetheless, we are now giving you the review of a decade and the preview of a decade! We mostly stick to top-level stuff, especially since the deeper you dig, the more material we would have to cover. Recommended Readings (Affiliated Links)The Fire Starter Sessions by Danielle LaPortehttps://amzn.to/38Ug3rUThe 7 Habits of Highly Effective People by Stephen R. Covey https://amzn.to/2sGDy78 The 8th Habit: From Effectiveness to Greatness by Stephen R. Covey https://amzn.to/34DYbOCThe $100 Startup by Chris Guillebeauhttps://amzn.to/2PEoFetOutliers by Malcolm Gladwellhttps://amzn.to/36U41g6Grit – The Power of Passion and Perseverance by Angela Duckworthhttps://amzn.to/2SbuEcj EnablerThis recording was made possible by Hessen Trade and Invest. Learn more about our enabler here: https://www.invest-in-hessen.com/ Together with our enabler, we are running a podcast called “Tech Startups Germany”, which will focus on startups at a Serie A stage or even more mature. You will also find all the videos we produce for this podcast on our YouTube channel www.youtube.com/startupradio. This podcast is available directly on our device as audio and video podcast, yes, Startuprad.io makes the first downloadable video podcast. Find all options to subscribe here:

This Month in German Startups - Review 2019 and 2020 OutlookIf you are new to our podcast(s), we are wrapping up the startup news of the German-speaking area in a monthly recording from Frankfurt and New York. Have a look at our website www.startuprad.io or www.startup.radio and you will find all the links to our recording and the articles we are quoting from there. Some of the source articles are in English, some are in German.   Find the hosts here: Jörn “Joe” Menninger joe@startuprad.io / Twitter  / LinkedIn / Video Interview (2018) Chris Fahrenbach chris@startuprad.io / Twitter / Homepage / Video Interview (2018)   Publication ScheduleThis episode will … substitute the June News. This year startuprad.io's news wrap-ups will have a summer break from the May News until the end of September. We are sorry, but there is no other way to fit the podcast around Chris and Joe's busy lives.    About this OutlookNonetheless, we are now giving you the review of a decade and the preview of a decade! We mostly stick to top-level stuff, especially since the deeper you dig, the more material we would have to cover.    Recommended Readings (Affiliated Links)The Fire Starter Sessions by Danielle LaPortehttps://amzn.to/38Ug3rUThe 7 Habits of Highly Effective People by Stephen R. Covey https://amzn.to/2sGDy78   The 8th Habit: From Effectiveness to Greatness by Stephen R. Covey https://amzn.to/34DYbOCThe $100 Startup by Chris Guillebeauhttps://amzn.to/2PEoFetOutliers by Malcolm Gladwellhttps://amzn.to/36U41g6Grit – The Power of Passion and Perseverance by Angela Duckworthhttps://amzn.to/2SbuEcj     EnablerThis recording was made possible by Hessen Trade and Invest. Learn more about our enabler here: https://www.invest-in-hessen.com/   Together with our enabler, we are running a podcast called “Tech Startups Germany”, which will focus on startups at a Serie A stage or even more mature. You will also find all the videos we produce for this podcast on our YouTube channel www.youtube.com/startupradio. This podcast is available directly on our device as audio and video podcast, yes, Startuprad.io makes the first downloadable video podcast. Find all options to subscribe here: 

This Month in German Startups - Review 2019 and 2020 OutlookIf you are new to our podcast(s), we are wrapping up the startup news of the German-speaking area in a monthly recording from Frankfurt and New York. Have a look at our website www.startuprad.io or www.startup.radio and you will find all the links to our recording and the articles we are quoting from there. Some of the source articles are in English, some are in German. Find the hosts here: Jörn “Joe” Menninger joe@startuprad.io / Twitter / LinkedIn / Video Interview (2018) Chris Fahrenbach chris@startuprad.io / Twitter / Homepage / Video Interview (2018) Publication ScheduleThis episode will … substitute the June News. This year startuprad.io’s news wrap-ups will have a summer break from the May News until the end of September. We are sorry, but there is no other way to fit the podcast around Chris and Joe's busy lives. About this OutlookNonetheless, we are now giving you the review of a decade and the preview of a decade! We mostly stick to top-level stuff, especially since the deeper you dig, the more material we would have to cover. Recommended Readings (Affiliated Links)The Fire Starter Sessions by Danielle LaPortehttps://amzn.to/38Ug3rUThe 7 Habits of Highly Effective People by Stephen R. Covey https://amzn.to/2sGDy78 The 8th Habit: From Effectiveness to Greatness by Stephen R. Covey https://amzn.to/34DYbOCThe $100 Startup by Chris Guillebeauhttps://amzn.to/2PEoFetOutliers by Malcolm Gladwellhttps://amzn.to/36U41g6Grit – The Power of Passion and Perseverance by Angela Duckworthhttps://amzn.to/2SbuEcj EnablerThis recording was made possible by Hessen Trade and Invest. Learn more about our enabler here: https://www.invest-in-hessen.com/ Together with our enabler, we are running a podcast called “Tech Startups Germany”, which will focus on startups at a Serie A stage or even more mature. You will also find all the videos we produce for this podcast on our YouTube channel www.youtube.com/startupradio. This podcast is available directly on our device as audio and video podcast, yes, Startuprad.io makes the first downloadable video podcast. Find all options to subscribe here:

This Month in German Startups - Review 2019 and 2020 OutlookIf you are new to our podcast(s), we are wrapping up the startup news of the German-speaking area in a monthly recording from Frankfurt and New York. Have a look at our website www.startuprad.io or www.startup.radio and you will find all the links to our recording and the articles we are quoting from there. Some of the source articles are in English, some are in German. Find the hosts here: Jörn “Joe” Menninger joe@startuprad.io / Twitter / LinkedIn / Video Interview (2018) Chris Fahrenbach chris@startuprad.io / Twitter / Homepage / Video Interview (2018) Publication ScheduleThis episode will … substitute the June News. This year startuprad.io’s news wrap-ups will have a summer break from the May News until the end of September. We are sorry, but there is no other way to fit the podcast around Chris and Joe's busy lives. About this OutlookNonetheless, we are now giving you the review of a decade and the preview of a decade! We mostly stick to top-level stuff, especially since the deeper you dig, the more material we would have to cover. Recommended Readings (Affiliated Links)The Fire Starter Sessions by Danielle LaPortehttps://amzn.to/38Ug3rUThe 7 Habits of Highly Effective People by Stephen R. Covey https://amzn.to/2sGDy78 The 8th Habit: From Effectiveness to Greatness by Stephen R. Covey https://amzn.to/34DYbOCThe $100 Startup by Chris Guillebeauhttps://amzn.to/2PEoFetOutliers by Malcolm Gladwellhttps://amzn.to/36U41g6Grit – The Power of Passion and Perseverance by Angela Duckworthhttps://amzn.to/2SbuEcj EnablerThis recording was made possible by Hessen Trade and Invest. Learn more about our enabler here: https://www.invest-in-hessen.com/ Together with our enabler, we are running a podcast called “Tech Startups Germany”, which will focus on startups at a Serie A stage or even more mature. You will also find all the videos we produce for this podcast on our YouTube channel www.youtube.com/startupradio. This podcast is available directly on our device as audio and video podcast, yes, Startuprad.io makes the first downloadable video podcast. Find all options to subscribe here:

This Month in German Startups - Review 2019 and 2020 OutlookIf you are new to our podcast(s), we are wrapping up the startup news of the German-speaking area in a monthly recording from Frankfurt and New York. Have a look at our website www.startuprad.io or www.startup.radio and you will find all the links to our recording and the articles we are quoting from there. Some of the source articles are in English, some are in German. Find the hosts here: Jörn “Joe” Menninger joe@startuprad.io / Twitter / LinkedIn / Video Interview (2018) Chris Fahrenbach chris@startuprad.io / Twitter / Homepage / Video Interview (2018) Publication ScheduleThis episode will … substitute the June News. This year startuprad.io’s news wrap-ups will have a summer break from the May News until the end of September. We are sorry, but there is no other way to fit the podcast around Chris and Joe's busy lives. About this OutlookNonetheless, we are now giving you the review of a decade and the preview of a decade! We mostly stick to top-level stuff, especially since the deeper you dig, the more material we would have to cover. Recommended Readings (Affiliated Links)The Fire Starter Sessions by Danielle LaPortehttps://amzn.to/38Ug3rUThe 7 Habits of Highly Effective People by Stephen R. Covey https://amzn.to/2sGDy78 The 8th Habit: From Effectiveness to Greatness by Stephen R. Covey https://amzn.to/34DYbOCThe $100 Startup by Chris Guillebeauhttps://amzn.to/2PEoFetOutliers by Malcolm Gladwellhttps://amzn.to/36U41g6Grit – The Power of Passion and Perseverance by Angela Duckworthhttps://amzn.to/2SbuEcj EnablerThis recording was made possible by Hessen Trade and Invest. Learn more about our enabler here: https://www.invest-in-hessen.com/ Together with our enabler, we are running a podcast called “Tech Startups Germany”, which will focus on startups at a Serie A stage or even more mature. You will also find all the videos we produce for this podcast on our YouTube channel www.youtube.com/startupradio. This podcast is available directly on our device as audio and video podcast, yes, Startuprad.io makes the first downloadable video podcast. Find all options to subscribe here:

This Month in German Startups - Review 2019 and 2020 OutlookIf you are new to our podcast(s), we are wrapping up the startup news of the German-speaking area in a monthly recording from Frankfurt and New York. Have a look at our website www.startuprad.io or www.startup.radio and you will find all the links to our recording and the articles we are quoting from there. Some of the source articles are in English, some are in German. Find the hosts here: Jörn “Joe” Menninger joe@startuprad.io / Twitter / LinkedIn / Video Interview (2018) Chris Fahrenbach chris@startuprad.io / Twitter / Homepage / Video Interview (2018) Publication ScheduleThis episode will … substitute the June News. This year startuprad.io’s news wrap-ups will have a summer break from the May News until the end of September. We are sorry, but there is no other way to fit the podcast around Chris and Joe's busy lives. About this OutlookNonetheless, we are now giving you the review of a decade and the preview of a decade! We mostly stick to top-level stuff, especially since the deeper you dig, the more material we would have to cover. Recommended Readings (Affiliated Links)The Fire Starter Sessions by Danielle LaPortehttps://amzn.to/38Ug3rUThe 7 Habits of Highly Effective People by Stephen R. Covey https://amzn.to/2sGDy78 The 8th Habit: From Effectiveness to Greatness by Stephen R. Covey https://amzn.to/34DYbOCThe $100 Startup by Chris Guillebeauhttps://amzn.to/2PEoFetOutliers by Malcolm Gladwellhttps://amzn.to/36U41g6Grit – The Power of Passion and Perseverance by Angela Duckworthhttps://amzn.to/2SbuEcj EnablerThis recording was made possible by Hessen Trade and Invest. Learn more about our enabler here: https://www.invest-in-hessen.com/ Together with our enabler, we are running a podcast called “Tech Startups Germany”, which will focus on startups at a Serie A stage or even more mature. You will also find all the videos we produce for this podcast on our YouTube channel www.youtube.com/startupradio. This podcast is available directly on our device as audio and video podcast, yes, Startuprad.io makes the first downloadable video podcast. Find all options to subscribe here:

This is the fintech track of Startuprad.io. Find us on Twitter: https://twitter.com/fintech_germany Learn more about us at www.startuprad.io GoContract is like Google Docs for Contracts by Startuprad.ioThis is a special publication on January 6th 2020, a public holiday in some states of Germany, to commemorate the Three Kings. Learn more about the day below. (at the bottom you will find the Link to the video interview) The InterviewIn this interview we are talking to Lucas Weiper (https://www.linkedin.com/in/lucas-weiper-0828a6167/), CEO and Co-Founder of the “almost legaltech” GoContract (https://go-contract.com/). GoContract is headquartered in the beautiful city of Koblenz (https://en.wikipedia.org/wiki/Koblenz), which is located between Frankfurt and Cologne. They offer end to end contract management. “Lower Salary for startups is not an issue, if you can work with vision” Lucas Weiper, CEO and Co-Founder GoContract A very brief startup historyIn the past, Lucas worked for a digital agency and the (also) Koblenz-based startup Sdui (https://www.sdui.de/). He learned a lot about startups, digital marketing and even recruiting there. Actually, he even encountered the problem, GoContract is now trying to solve. The startup helps startups and corporates with the tracking and management of their contracts. They offer end to end contract management. “I can not advise to outsource software development. You will need the IP in later VC funding rounds” Lucas Weiper, CEO and Co-Founder GoContract Recommended Holiday Readings (Affiliated Links)The Fire Starter Sessions by Danielle LaPortehttps://amzn.to/38Ug3rUThe 7 Habits of Highly Effective People by Stephen R. Covey https://amzn.to/2sGDy78 The 8th Habit: From Effectiveness to Greatness by Stephen R. Covey https://amzn.to/34DYbOCThe $100 Startup by Chris Guillebeauhttps://amzn.to/2PEoFetOutliers by Malcolm Gladwellhttps://amzn.to/36U41g6Grit – The Power of Passion and Perseverance by Angela Duckworthhttps://amzn.to/2SbuEcj Learn more about our Affiliated Marketing here: https://www.startuprad.io/blog/affiliate-marketing-at-startuprad-io/ Note on German customs: Normally Christmas is considered over after January 6th, which is a public holiday in Bayern, Baden-Württemberg, and Sachsen-Anhalt, where the Three Kings (https://en.wikipedia.org/wiki/Biblical_Magi) are commemorated. Startup weekendThey started their company at Startup Weekend Koblenz (http://communities.techstars.com/germany/koblenz/startup-weekend) and found there their remaining co-founders. They set up the company with 6 people, where only three founders actually hold equity. The other three hold sub-shares. Venture Capital RoundGoContract is currently raising its seed round in Q2 2020. If you are interested in investing, reach out to us, we will get you connected. Further Readings:Vocational training in Germany: https://www.make-it-in-germany.com/en/study-training/training/vocational/system/ Techboost Telekom: https://telekomhilft.telekom.de/t5/TechBoost-EN/ct-p/TechBoost_en Mittelstand: https://en.wikipedia.org/wiki/Mittelstand Netflix Series Skyline, to which Lucas referred (taking place and recorded in Frankfurt) Official Trailer in German with English subtitles:https://youtu.be/e5bE-8n0_5Q One of the songs (in German) Skylines Kalifa - Rose im Beton ( Official Full Music)https://youtu.be/8xLCUg6pvPM Agile Method (Blog): https://www.wrike.com/project-management-guide/faq/what-is-agile-methodology-in-project-management/ Agile Method (affiliated links): Agile Methodology: A Beginner’s Guide to Agile Method and Principles https://amzn.to/36olKwIKanban: The Ultimate Guide to Kanban Methodology for Agile Software Development https://amzn.to/35jvfLYKeep up to date with GoContractAs Lucas said in the last minutes of our interview, you can follow them here: YouTube https://www.youtube.com/channel/UC4Cnh5wXg7zb56w0u6Z5YCA LinkedIn https://www.linkedin.com/company/gocontract https://youtu.be/u44iNe3YAzk

You are listening to the audio track of a YouTube interview. Find all the interviews at YouTube.com/Startupradio GoContract is like Google Docs for Contracts by Startuprad.ioThis is a special publication on January 6th 2020, a public holiday in some states of Germany, to commemorate the Three Kings. Learn more about the day below. (at the bottom you will find the Link to the video interview) The InterviewIn this interview we are talking to Lucas Weiper (https://www.linkedin.com/in/lucas-weiper-0828a6167/), CEO and Co-Founder of the “almost legaltech” GoContract (https://go-contract.com/). GoContract is headquartered in the beautiful city of Koblenz (https://en.wikipedia.org/wiki/Koblenz), which is located between Frankfurt and Cologne. They offer end to end contract management. “Lower Salary for startups is not an issue, if you can work with vision” Lucas Weiper, CEO and Co-Founder GoContract A very brief startup historyIn the past, Lucas worked for a digital agency and the (also) Koblenz-based startup Sdui (https://www.sdui.de/). He learned a lot about startups, digital marketing and even recruiting there. Actually, he even encountered the problem, GoContract is now trying to solve. The startup helps startups and corporates with the tracking and management of their contracts. They offer end to end contract management. “I can not advise to outsource software development. You will need the IP in later VC funding rounds” Lucas Weiper, CEO and Co-Founder GoContract Recommended Holiday Readings (Affiliated Links)The Fire Starter Sessions by Danielle LaPortehttps://amzn.to/38Ug3rUThe 7 Habits of Highly Effective People by Stephen R. Covey https://amzn.to/2sGDy78 The 8th Habit: From Effectiveness to Greatness by Stephen R. Covey https://amzn.to/34DYbOCThe $100 Startup by Chris Guillebeauhttps://amzn.to/2PEoFetOutliers by Malcolm Gladwellhttps://amzn.to/36U41g6Grit – The Power of Passion and Perseverance by Angela Duckworthhttps://amzn.to/2SbuEcj Learn more about our Affiliated Marketing here: https://www.startuprad.io/blog/affiliate-marketing-at-startuprad-io/ Note on German customs: Normally Christmas is considered over after January 6th, which is a public holiday in Bayern, Baden-Württemberg, and Sachsen-Anhalt, where the Three Kings (https://en.wikipedia.org/wiki/Biblical_Magi) are commemorated. Startup weekendThey started their company at Startup Weekend Koblenz (http://communities.techstars.com/germany/koblenz/startup-weekend) and found there their remaining co-founders. They set up the company with 6 people, where only three founders actually hold equity. The other three hold sub-shares. Venture Capital RoundGoContract is currently raising its seed round in Q2 2020. If you are interested in investing, reach out to us, we will get you connected. Further Readings:Vocational training in Germany: https://www.make-it-in-germany.com/en/study-training/training/vocational/system/ Techboost Telekom: https://telekomhilft.telekom.de/t5/TechBoost-EN/ct-p/TechBoost_en Mittelstand: https://en.wikipedia.org/wiki/Mittelstand Netflix Series Skyline, to which Lucas referred (taking place and recorded in Frankfurt) Official Trailer in German with English subtitles:https://youtu.be/e5bE-8n0_5Q One of the songs (in German) Skylines Kalifa - Rose im Beton ( Official Full Music)https://youtu.be/8xLCUg6pvPM Agile Method (Blog): https://www.wrike.com/project-management-guide/faq/what-is-agile-methodology-in-project-management/ Agile Method (affiliated links): Agile Methodology: A Beginner’s Guide to Agile Method and Principles https://amzn.to/36olKwIKanban: The Ultimate Guide to Kanban Methodology for Agile Software Development https://amzn.to/35jvfLYKeep up to date with GoContractAs Lucas said in the last minutes of our interview, you can follow them here: YouTube https://www.youtube.com/channel/UC4Cnh5wXg7zb56w0u6Z5YCA LinkedIn https://www.linkedin.com/company/gocontract https://youtu.be/u44iNe3YAzk Folge direkt herunterladen

If you are new to our podcast(s), we are wrapping up the startup news of the German-speaking area in a monthly recording from Frankfurt and New York. Have a look at our website www.startuprad.io or www.startup.radio and you will find all the links to our recording and the articles we are quoting from there. Some of the source articles are in English, some are in German. Talk to the hosts: Jörn “Joe” Menninger joe@startuprad.io Chris Fahrenbach chris@startuprad.io Find all the links here: https://www.startuprad.io/blog/this-month-in-german-startups-december-2019-by-startuprad-io/ Recommended Holiday Readings (Affiliated Links) The Fire Starter Sessions by Danielle LaPorte https://amzn.to/38Ug3rU The 7 Habits of Highly Effective People by Stephen R. Covey https://amzn.to/2sGDy78 The 8th Habit: From Effectiveness to Greatness by Stephen R. Covey https://amzn.to/34DYbOC The $100 Startup by Chris Guillebeau https://amzn.to/2PEoFet Outliers by Malcolm Gladwell https://amzn.to/36U41g6 Grit – The Power of Passion and Perseverance by Angela Duckworth https://amzn.to/2SbuEcj Folge direkt herunterladen

If you are new to our podcast(s), we are wrapping up the startup news of the German-speaking area in a monthly recording from Frankfurt and New York. Have a look at our website www.startuprad.io or www.startup.radio and you will find all the links to our recording and the articles we are quoting from there. Some of the source articles are in English, some are in German. Talk to the hosts: Jörn “Joe” Menninger joe@startuprad.io Chris Fahrenbach chris@startuprad.io Find all the links here: https://www.startuprad.io/blog/this-month-in-german-startups-december-2019-by-startuprad-io/ Recommended Holiday Readings (Affiliated Links) The Fire Starter Sessions by Danielle LaPorte https://amzn.to/38Ug3rU The 7 Habits of Highly Effective People by Stephen R. Covey https://amzn.to/2sGDy78 The 8th Habit: From Effectiveness to Greatness by Stephen R. Covey https://amzn.to/34DYbOC The $100 Startup by Chris Guillebeau https://amzn.to/2PEoFet Outliers by Malcolm Gladwell https://amzn.to/36U41g6 Grit – The Power of Passion and Perseverance by Angela Duckworth https://amzn.to/2SbuEcj

If you are new to our podcast(s), we are wrapping up the startup news of the German-speaking area in a monthly recording from Frankfurt and New York. Have a look at our website www.startuprad.io or www.startup.radio and you will find all the links to our recording and the articles we are quoting from there. Some of the source articles are in English, some are in German. Talk to the hosts: Jörn “Joe” Menninger joe@startuprad.io Chris Fahrenbach chris@startuprad.io Find all the links here: https://www.startuprad.io/blog/this-month-in-german-startups-december-2019-by-startuprad-io/ Recommended Holiday Readings (Affiliated Links) The Fire Starter Sessions by Danielle LaPorte https://amzn.to/38Ug3rU The 7 Habits of Highly Effective People by Stephen R. Covey https://amzn.to/2sGDy78   The 8th Habit: From Effectiveness to Greatness by Stephen R. Covey https://amzn.to/34DYbOC The $100 Startup by Chris Guillebeau https://amzn.to/2PEoFet Outliers by Malcolm Gladwell https://amzn.to/36U41g6 Grit – The Power of Passion and Perseverance by Angela Duckworth https://amzn.to/2SbuEcj --- Send in a voice message: https://anchor.fm/deeptechgermany/message This podcast uses the following third-party services for analysis: Podder - https://www.podderapp.com/privacy-policy Chartable - https://chartable.com/privacy Feedback We are always looking for ways to make the show better. Please take this opportunity and share your feedback with us! We would love to hear from YOU!!! https://forms.gle/mLV6mVKwGwKuut8BA

If you are new to our podcast(s), we are wrapping up the startup news of the German-speaking area in a monthly recording from Frankfurt and New York. Have a look at our website www.startuprad.io or www.startup.radio and you will find all the links to our recording and the articles we are quoting from there. Some of the source articles are in English, some are in German. Talk to the hosts: Jörn “Joe” Menninger joe@startuprad.io Chris Fahrenbach chris@startuprad.io Find all the links here: https://www.startuprad.io/blog/this-month-in-german-startups-december-2019-by-startuprad-io/ Recommended Holiday Readings (Affiliated Links) The Fire Starter Sessions by Danielle LaPorte https://amzn.to/38Ug3rU The 7 Habits of Highly Effective People by Stephen R. Covey https://amzn.to/2sGDy78 The 8th Habit: From Effectiveness to Greatness by Stephen R. Covey https://amzn.to/34DYbOC The $100 Startup by Chris Guillebeau https://amzn.to/2PEoFet Outliers by Malcolm Gladwell https://amzn.to/36U41g6 Grit – The Power of Passion and Perseverance by Angela Duckworth https://amzn.to/2SbuEcj

If you are new to our podcast(s), we are wrapping up the startup news of the German-speaking area in a monthly recording from Frankfurt and New York. Have a look at our website www.startuprad.io or www.startup.radio and you will find all the links to our recording and the articles we are quoting from there. Some of the source articles are in English, some are in German. Talk to the hosts: Jörn “Joe” Menninger joe@startuprad.io Chris Fahrenbach chris@startuprad.io Find all the links here: https://www.startuprad.io/blog/this-month-in-german-startups-december-2019-by-startuprad-io/ Recommended Holiday Readings (Affiliated Links) The Fire Starter Sessions by Danielle LaPorte https://amzn.to/38Ug3rU The 7 Habits of Highly Effective People by Stephen R. Covey https://amzn.to/2sGDy78 The 8th Habit: From Effectiveness to Greatness by Stephen R. Covey https://amzn.to/34DYbOC The $100 Startup by Chris Guillebeau https://amzn.to/2PEoFet Outliers by Malcolm Gladwell https://amzn.to/36U41g6 Grit – The Power of Passion and Perseverance by Angela Duckworth https://amzn.to/2SbuEcj

If you are new to our podcast(s), we are wrapping up the startup news of the German-speaking area in a monthly recording from Frankfurt and New York. Have a look at our website www.startuprad.io or www.startup.radio and you will find all the links to our recording and the articles we are quoting from there. Some of the source articles are in English, some are in German. Talk to the hosts: Jörn “Joe” Menninger joe@startuprad.io Chris Fahrenbach chris@startuprad.io Find all the links here: https://www.startuprad.io/blog/this-month-in-german-startups-december-2019-by-startuprad-io/ Recommended Holiday Readings (Affiliated Links) The Fire Starter Sessions by Danielle LaPorte https://amzn.to/38Ug3rU The 7 Habits of Highly Effective People by Stephen R. Covey https://amzn.to/2sGDy78 The 8th Habit: From Effectiveness to Greatness by Stephen R. Covey https://amzn.to/34DYbOC The $100 Startup by Chris Guillebeau https://amzn.to/2PEoFet Outliers by Malcolm Gladwell https://amzn.to/36U41g6 Grit – The Power of Passion and Perseverance by Angela Duckworth https://amzn.to/2SbuEcj

Find the video and more content here: https://www.startuprad.io/blog/2019-fintech-review-germany-talkshow-by-startuprad-io-video/ The traditionThis is a Startuprad.io tradition. Every year close to Christmas Joe gets together with smart people from the German fintech scene and talks about what was going on. Usually, the discussion drifts fast in a talk show and does not stick to the usual news format. None the less it is very informative and there are great ideas for fintech entrepreneurs and investors here. Trust is repeated positive experience – Frank Schwab during Startuprad.io’s 2019 Fintech Review This episode was made possible by Hessen Trade and Invest, learn more at www.invest-in-hessen.de Find the video and more content here: https://www.startuprad.io/blog/2019-fintech-review-germany-talkshow-by-startuprad-io-video/ The traditionThis is a Startuprad.io tradition. Every year close to Christmas Joe gets together with smart people from the German fintech scene and talks about what was going on. Usually, the discussion drifts fast in a talk show and does not stick to the usual news format. None the less it is very informative and there are great ideas for fintech entrepreneurs and investors here. Trust is repeated positive experience – Frank Schwab during Startuprad.io’s 2019 Fintech Review This episode was made possible by Hessen Trade and Invest, learn more at www.invest-in-hessen.de To digitize the relationship with clients in banking, that will be the unicorn – Paolo Sironi during Startuprad.io’s 2019 Fintech Review Our Guests(in alphabetic order) Mario Hachemer, CTO Fastbill (https://www.linkedin.com/in/mahachemer/) Luka Ivicevic, Co-Founder / Chief of Staff at Penta (https://www.linkedin.com/in/luka-ivicevic/) Frank Schwab, Co-Founder Fintech Forum (https://www.linkedin.com/in/frankschwab/) Paolo Sironi , Author and Thought Leader IBM (https://www.linkedin.com/in/thepsironi/) Host: Jörn “Joe” Menninger, Founder and Host Startuprad.io joe@startuprad.io / Twitter / LinkedIn / Video Interview (2018) To succeed in Fintech you need to digitize the client relationship – Paolo Sironi during Startuprad.io’s 2019 Fintech Review Further ReadingDuring the discussion we are touching: Challenger Bank / Neo Bank https://en.wikipedia.org/wiki/Challenger_bank Share of Wallet https://www.investopedia.com/terms/s/share-of-wallet.asp Tiktok https://www.youtube.com/watch?v=mQEGJMmqBTw Mortgage: https://www.investopedia.com/terms/m/mortgage.asp related: Mortgage market shares in Germany. Statista has only numbers for 2015, but online banks had a 40% market share: https://de.statista.com/statistik/daten/studie/661264/umfrage/entwicklung-der-marktanteile-der-vertriebskanaele-in-der-deutschen-baufinanzierung/ Goldman Sachs’ Marcus: https://www.marcus.com/us/en Related: https://www.fool.com/investing/2019/12/09/why-is-goldman-sachs-investing-in-marcus.aspx Having a good user experience is ok, but it will not lead to a transformation people will do banking – Paolo Sironi during Startuprad.io’s 2019 Fintech Review https://youtu.be/fFxCiGsnD48 RegulationPSD2Was Lukas forecast a spot on, or will it take more time? In an article published in Heise, the author argues that the biggest winners of PSD2 will be the large internet companies like Google, Facebook or Apple https://buff.ly/2Pg1ZkG Given the recent success of Apple Pay in Germany, he may not be too far off.Companies / Fintechs / Banks Established Credit Rating Bureau Schufa buys into the core of banking with FinAPI: (Jan) Established German credit scoring agency Schufa takes over munich-based fintech FinAPI. FinAPI allows to access current accounts http://ow.ly/P7RR30n4x1M MarketsMarket / GlobalSubjective point Joern: It feels like the blurring of fintech and banking continues. There are now cross mergers all over, admittedly more fintechs investments by banks than otherwise, but it keeps blurring. Do you think in 5 years one will still distinguish beyond the point regulated or not? Also: Fintech becomes really european, think expansion of N26 to UK or Klarna to Berlin. Fintech Trends: Five Insights For Now And The Future | Deloitte US https://buff.ly/34ckc6W Financial firms are jumping into fintech Potential blockchain benefits are growing Regulators are showing interest in fintech Implementation can lead to operational challenges The industry is realizing this is a marathon, not a sprint A look at the UK, since the system is more mature. Neobanks are currently looking like they are not winning writes Sifted - What does this indication mean for the German challengers? “NeoBanks / Challenger Banks Are they going to make it?” From Sifted.com -Traditional banks — Nationwide Building Society, HSBC and NatWest — still have the highest net switching gains -Contrary to media hype, people aren’t leaving Barclays for Monzo. Most are leaving to go to Nationwide and HSBC. Indeed, Nationwide saw more net gains than Monzo and Starling combined, showing the big banks have still got “it.” - Nonetheless, the two digital banks came in fourth and fifth respectively for net gains. To their credit, they’ve overtaken several big banks like Lloyds and RBS who are losing current account customers overall. - Monzo also trails just behind HSBC for net gains, and could well overtake it in the coming quarter - Metro Bank – the brick and mortar challenger bank that faced accounting issues earlier this year – did not provide their switching data" https://buff.ly/2RxZ5JF Related point from Frank Schwab: „The path towards profitability of NeoBanks / FinTech“ We haven‘t seen much yet ... In financial services the psychological play is very different [from ecommerce] – Paolo Sironi during Startuprad.io’s 2019 Fintech Review Global Ranking of #Fintech #Hubs is good for Germany https://buff.ly/2Ym7VeQ Global Positions: BerlinFrankfurtHamburgMunich Out of 238 cities. Not bad, but there is room for improvement. Deutsche Bank has asked, "will fiat currencies survive," in what it calls the "multi-trillion dollar (or bitcoin) question." "The forces that have held the current fiat system together now look fragile and they could unravel in the 2020s. If so, that will start to lead to a backlash against fiat money and demand for alternative currencies, such as gold or crypto could soar." Link opens PDF https://buff.ly/2Phpg4s?utm_source=-custom-by-source-0- Frank’s point of PayPal becoming a lender in the US PayPal and Square quietly grow small business lending using data as their edge over banks https://buff.ly/2qXNcyh Fintechs succeed because they are not overvaluing the trust – Mario Hachemer during Startuprad.io’s 2019 Fintech Review Market / GermanyThere is a study by the online bank comdirect, which is a subsidiary of Commerzbank, headquartered close to Hamburg.Almost 900 Startups, of which are 202 proptechs, 172 Financing startups, 114 insurtechs, 96 investments, 76 Blockchain, 72 accounting and 166 others (ID, API/Banking, Accounting, Gastro, Regtech, …). Payments are losing considerably in startup count and popularity 124 of those fintechs have been founded in 2018 25% fintech sector growth since 2017 Market / Germany / Local HubsGermany leads the way as banks might embrace crypto - NEDEROB https://buff.ly/380B6Z9 Next year Germany is very likely to accept a law that will make it possible for institutional banks to offer crypto services, including bitcoin custodial wallets. Handelsblatt reported the news earlier this week. This would make Germany the first major European country to embrace cryptocurrencies at an institutional level, and likely more countries will follow. Because the Germans have been the leading force behind the European economy for decades. I think in 2020 we will see fintechs and neobanks opening up branches – Luka Ivicevic during Startuprad.io’s 2019 Fintech Review Hamburg83 Fintechs (comdirect) Related: WELT writes about the deterioration of the city of Hamburg, as a financial hub within Germany and Europe https://buff.ly/2NYGJhn Banks and insurance companies are shedding headcount Munich105 Fintechs (comdirect) I think in 2020 we will see much more shakeout [of fintechs in Germany]. Many runways running out – Mario Hachemer during Startuprad.io’s 2019 Fintech Review Frankfurt106 Fintechs (comdirect) Deutsche Bank started Fyrst. Anyone heard anything? Berlin295 Fintechs (comdirect) Other cities / hubs (according to comdirect) Cologne 35 Düsseldorf 20 Stuttgart 12 Leipzig 7 Dresden 6 Dortmund 6 Essen 6 Bremen 6 295 Fintechs (comdirect) Financing What did the underperforming IPOs (WeWork, Uber, Slack) do to the exit route for fintechs? E.g. The Spectacular Rise and Fall of #WeWork by Bloomberg on YouTube https://buff.ly/36HaxYt #US venture capitalists: here are 10 tips if you want to make it in Europe | SiftedThe first piece of advice is to get out of #London https://t.co/76JMPQQ220 #VentureCapital #VC #Europe Recommended Holiday Readings (Affiliated Links)The Fire Starter Sessions by Danielle LaPortehttps://amzn.to/38Ug3rUThe 7 Habits of Highly Effective People by Stephen R. Covey https://amzn.to/2sGDy78 The 8th Habit: From Effectiveness to Greatness by Stephen R. Covey https://amzn.to/34DYbOCThe $100 Startup by Chris Guillebeauhttps://amzn.to/2PEoFetOutliers by Malcolm Gladwellhttps://amzn.to/36U41g6Grit – The Power of Passion and Perseverance by Angela Duckworthhttps://amzn.to/2SbuEcj To digitize the relationship with clients in banking, that will be the unicorn – Paolo Sironi during Startuprad.io’s 2019 Fintech Review Our Guests(in alphabetic order) Mario Hachemer, CTO Fastbill (https://www.linkedin.com/in/mahachemer/) Luka Ivicevic, Co-Founder / Chief of Staff at Penta (https://www.linkedin.com/in/luka-ivicevic/) Frank Schwab, Co-Founder Fintech Forum (https://www.linkedin.com/in/frankschwab/) Paolo Sironi , Author and Thought Leader IBM (https://www.linkedin.com/in/thepsironi/) Host: Jörn “Joe” Menninger, Founder and Host Startuprad.io joe@startuprad.io / Twitter / LinkedIn / Video Interview (2018) To succeed in Fintech you need to digitize the client relationship – Paolo Sironi during Startuprad.io’s 2019 Fintech Review Further ReadingDuring the discussion we are touching: Challenger Bank / Neo Bank https://en.wikipedia.org/wiki/Challenger_bank Share of Wallet https://www.investopedia.com/terms/s/share-of-wallet.asp Tiktok https://www.youtube.com/watch?v=mQEGJMmqBTw Mortgage: https://www.investopedia.com/terms/m/mortgage.asp related: Mortgage market shares in Germany. Statista has only numbers for 2015, but online banks had a 40% market share: https://de.statista.com/statistik/daten/studie/661264/umfrage/entwicklung-der-marktanteile-der-vertriebskanaele-in-der-deutschen-baufinanzierung/ Goldman Sachs’ Marcus: https://www.marcus.com/us/en Related: https://www.fool.com/investing/2019/12/09/why-is-goldman-sachs-investing-in-marcus.aspx Having a good user experience is ok, but it will not lead to a transformation people will do banking – Paolo Sironi during Startuprad.io’s 2019 Fintech Review https://youtu.be/fFxCiGsnD48 RegulationPSD2Was Lukas forecast a spot on, or will it take more time? In an article published in Heise, the author argues that the biggest winners of PSD2 will be the large internet companies like Google, Facebook or Apple https://buff.ly/2Pg1ZkG Given the recent success of Apple Pay in Germany, he may not be too far off.Companies / Fintechs / Banks Established Credit Rating Bureau Schufa buys into the core of banking with FinAPI: (Jan) Established German credit scoring agency Schufa takes over munich-based fintech FinAPI. FinAPI allows to access current accounts http://ow.ly/P7RR30n4x1M MarketsMarket / GlobalSubjective point Joern: It feels like the blurring of fintech and banking continues. There are now cross mergers all over, admittedly more fintechs investments by banks than otherwise, but it keeps blurring. Do you think in 5 years one will still distinguish beyond the point regulated or not? Also: Fintech becomes really european, think expansion of N26 to UK or Klarna to Berlin. Fintech Trends: Five Insights For Now And The Future | Deloitte US https://buff.ly/34ckc6W Financial firms are jumping into fintech Potential blockchain benefits are growing Regulators are showing interest in fintech Implementation can lead to operational challenges The industry is realizing this is a marathon, not a sprint A look at the UK, since the system is more mature. Neobanks are currently looking like they are not winning writes Sifted - What does this indication mean for the German challengers? “NeoBanks / Challenger Banks Are they going to make it?” From Sifted.com -Traditional banks — Nationwide Building Society, HSBC and NatWest — still have the highest net switching gains -Contrary to media hype, people aren’t leaving Barclays for Monzo. Most are leaving to go to Nationwide and HSBC. Indeed, Nationwide saw more net gains than Monzo and Starling combined, showing the big banks have still got “it.” - Nonetheless, the two digital banks came in fourth and fifth respectively for net gains. To their credit, they’ve overtaken several big banks like Lloyds and RBS who are losing current account customers overall. - Monzo also trails just behind HSBC for net gains, and could well overtake it in the coming quarter - Metro Bank – the brick and mortar challenger bank that faced accounting issues earlier this year – did not provide their switching data" https://buff.ly/2RxZ5JF Related point from Frank Schwab: „The path towards profitability of NeoBanks / FinTech“ We haven‘t seen much yet ... In financial services the psychological play is very different [from ecommerce] – Paolo Sironi during Startuprad.io’s 2019 Fintech Review Global Ranking of #Fintech #Hubs is good for Germany https://buff.ly/2Ym7VeQ Global Positions: BerlinFrankfurtHamburgMunich Out of 238 cities. Not bad, but there is room for improvement. Deutsche Bank has asked, "will fiat currencies survive," in what it calls the "multi-trillion dollar (or bitcoin) question." "The forces that have held the current fiat system together now look fragile and they could unravel in the 2020s. If so, that will start to lead to a backlash against fiat money and demand for alternative currencies, such as gold or crypto could soar." Link opens PDF https://buff.ly/2Phpg4s?utm_source=-custom-by-source-0- Frank’s point of PayPal becoming a lender in the US PayPal and Square quietly grow small business lending using data as their edge over banks https://buff.ly/2qXNcyh Fintechs succeed because they are not overvaluing the trust – Mario Hachemer during Startuprad.io’s 2019 Fintech Review Market / GermanyThere is a study by the online bank comdirect, which is a subsidiary of Commerzbank, headquartered close to Hamburg.Almost 900 Startups, of which are 202 proptechs, 172 Financing startups, 114 insurtechs, 96 investments, 76 Blockchain, 72 accounting and 166 others (ID, API/Banking, Accounting, Gastro, Regtech, …). Payments are losing considerably in startup count and popularity 124 of those fintechs have been founded in 2018 25% fintech sector growth since 2017 Market / Germany / Local HubsGermany leads the way as banks might embrace crypto - NEDEROB https://buff.ly/380B6Z9 Next year Germany is very likely to accept a law that will make it possible for institutional banks to offer crypto services, including bitcoin custodial wallets. Handelsblatt reported the news earlier this week. This would make Germany the first major European country to embrace cryptocurrencies at an institutional level, and likely more countries will follow. Because the Germans have been the leading force behind the European economy for decades. I think in 2020 we will see fintechs and neobanks opening up branches – Luka Ivicevic during Startuprad.io’s 2019 Fintech Review Hamburg83 Fintechs (comdirect) Related: WELT writes about the deterioration of the city of Hamburg, as a financial hub within Germany and Europe https://buff.ly/2NYGJhn Banks and insurance companies are shedding headcount Munich105 Fintechs (comdirect) I think in 2020 we will see much more shakeout [of fintechs in Germany]. Many runways running out – Mario Hachemer during Startuprad.io’s 2019 Fintech Review Frankfurt106 Fintechs (comdirect) Deutsche Bank started Fyrst. Anyone heard anything? Berlin295 Fintechs (comdirect) Other cities / hubs (according to comdirect) Cologne 35 Düsseldorf 20 Stuttgart 12 Leipzig 7 Dresden 6 Dortmund 6 Essen 6 Bremen 6 295 Fintechs (comdirect) Financing What did the underperforming IPOs (WeWork, Uber, Slack) do to the exit route for fintechs? E.g. The Spectacular Rise and Fall of #WeWork by Bloomberg on YouTube https://buff.ly/36HaxYt #US venture capitalists: here are 10 tips if you want to make it in Europe | SiftedThe first piece of advice is to get out of #London https://t.co/76JMPQQ220 #VentureCapital #VC #Europe Recommended Holiday Readings (Affiliated Links)The Fire Starter Sessions by Danielle LaPortehttps://amzn.to/38Ug3rUThe 7 Habits of Highly Effective People by Stephen R. Covey https://amzn.to/2sGDy78 The 8th Habit: From Effectiveness to Greatness by Stephen R. Covey https://amzn.to/34DYbOCThe $100 Startup by Chris Guillebeauhttps://amzn.to/2PEoFetOutliers by Malcolm Gladwellhttps://amzn.to/36U41g6Grit – The Power of Passion and Perseverance by Angela Duckworthhttps://amzn.to/2SbuEcj

Find the video and more content here: https://www.startuprad.io/blog/2019-fintech-review-germany-talkshow-by-startuprad-io-video/ The traditionThis is a Startuprad.io tradition. Every year close to Christmas Joe gets together with smart people from the German fintech scene and talks about what was going on. Usually, the discussion drifts fast in a talk show and does not stick to the usual news format. None the less it is very informative and there are great ideas for fintech entrepreneurs and investors here. Trust is repeated positive experience – Frank Schwab during Startuprad.io’s 2019 Fintech Review This episode was made possible by Hessen Trade and Invest, learn more at www.invest-in-hessen.de Find the video and more content here: https://www.startuprad.io/blog/2019-fintech-review-germany-talkshow-by-startuprad-io-video/ The traditionThis is a Startuprad.io tradition. Every year close to Christmas Joe gets together with smart people from the German fintech scene and talks about what was going on. Usually, the discussion drifts fast in a talk show and does not stick to the usual news format. None the less it is very informative and there are great ideas for fintech entrepreneurs and investors here. Trust is repeated positive experience – Frank Schwab during Startuprad.io’s 2019 Fintech Review This episode was made possible by Hessen Trade and Invest, learn more at www.invest-in-hessen.de To digitize the relationship with clients in banking, that will be the unicorn – Paolo Sironi during Startuprad.io’s 2019 Fintech Review Our Guests(in alphabetic order) Mario Hachemer, CTO Fastbill (https://www.linkedin.com/in/mahachemer/) Luka Ivicevic, Co-Founder / Chief of Staff at Penta (https://www.linkedin.com/in/luka-ivicevic/) Frank Schwab, Co-Founder Fintech Forum (https://www.linkedin.com/in/frankschwab/) Paolo Sironi , Author and Thought Leader IBM (https://www.linkedin.com/in/thepsironi/) Host: Jörn “Joe” Menninger, Founder and Host Startuprad.io joe@startuprad.io / Twitter / LinkedIn / Video Interview (2018) To succeed in Fintech you need to digitize the client relationship – Paolo Sironi during Startuprad.io’s 2019 Fintech Review Further ReadingDuring the discussion we are touching: Challenger Bank / Neo Bank https://en.wikipedia.org/wiki/Challenger_bank Share of Wallet https://www.investopedia.com/terms/s/share-of-wallet.asp Tiktok https://www.youtube.com/watch?v=mQEGJMmqBTw Mortgage: https://www.investopedia.com/terms/m/mortgage.asp related: Mortgage market shares in Germany. Statista has only numbers for 2015, but online banks had a 40% market share: https://de.statista.com/statistik/daten/studie/661264/umfrage/entwicklung-der-marktanteile-der-vertriebskanaele-in-der-deutschen-baufinanzierung/ Goldman Sachs’ Marcus: https://www.marcus.com/us/en Related: https://www.fool.com/investing/2019/12/09/why-is-goldman-sachs-investing-in-marcus.aspx Having a good user experience is ok, but it will not lead to a transformation people will do banking – Paolo Sironi during Startuprad.io’s 2019 Fintech Review https://youtu.be/fFxCiGsnD48 RegulationPSD2Was Lukas forecast a spot on, or will it take more time? In an article published in Heise, the author argues that the biggest winners of PSD2 will be the large internet companies like Google, Facebook or Apple https://buff.ly/2Pg1ZkG Given the recent success of Apple Pay in Germany, he may not be too far off.Companies / Fintechs / Banks Established Credit Rating Bureau Schufa buys into the core of banking with FinAPI: (Jan) Established German credit scoring agency Schufa takes over munich-based fintech FinAPI. FinAPI allows to access current accounts http://ow.ly/P7RR30n4x1M MarketsMarket / GlobalSubjective point Joern: It feels like the blurring of fintech and banking continues. There are now cross mergers all over, admittedly more fintechs investments by banks than otherwise, but it keeps blurring. Do you think in 5 years one will still distinguish beyond the point regulated or not? Also: Fintech becomes really european, think expansion of N26 to UK or Klarna to Berlin. Fintech Trends: Five Insights For Now And The Future | Deloitte US https://buff.ly/34ckc6W Financial firms are jumping into fintech Potential blockchain benefits are growing Regulators are showing interest in fintech Implementation can lead to operational challenges The industry is realizing this is a marathon, not a sprint A look at the UK, since the system is more mature. Neobanks are currently looking like they are not winning writes Sifted - What does this indication mean for the German challengers? “NeoBanks / Challenger Banks Are they going to make it?” From Sifted.com -Traditional banks — Nationwide Building Society, HSBC and NatWest — still have the highest net switching gains -Contrary to media hype, people aren’t leaving Barclays for Monzo. Most are leaving to go to Nationwide and HSBC. Indeed, Nationwide saw more net gains than Monzo and Starling combined, showing the big banks have still got “it.” - Nonetheless, the two digital banks came in fourth and fifth respectively for net gains. To their credit, they’ve overtaken several big banks like Lloyds and RBS who are losing current account customers overall. - Monzo also trails just behind HSBC for net gains, and could well overtake it in the coming quarter - Metro Bank – the brick and mortar challenger bank that faced accounting issues earlier this year – did not provide their switching data" https://buff.ly/2RxZ5JF Related point from Frank Schwab: „The path towards profitability of NeoBanks / FinTech“ We haven‘t seen much yet ... In financial services the psychological play is very different [from ecommerce] – Paolo Sironi during Startuprad.io’s 2019 Fintech Review Global Ranking of #Fintech #Hubs is good for Germany https://buff.ly/2Ym7VeQ Global Positions: BerlinFrankfurtHamburgMunich Out of 238 cities. Not bad, but there is room for improvement. Deutsche Bank has asked, "will fiat currencies survive," in what it calls the "multi-trillion dollar (or bitcoin) question." "The forces that have held the current fiat system together now look fragile and they could unravel in the 2020s. If so, that will start to lead to a backlash against fiat money and demand for alternative currencies, such as gold or crypto could soar." Link opens PDF https://buff.ly/2Phpg4s?utm_source=-custom-by-source-0- Frank’s point of PayPal becoming a lender in the US PayPal and Square quietly grow small business lending using data as their edge over banks https://buff.ly/2qXNcyh Fintechs succeed because they are not overvaluing the trust – Mario Hachemer during Startuprad.io’s 2019 Fintech Review Market / GermanyThere is a study by the online bank comdirect, which is a subsidiary of Commerzbank, headquartered close to Hamburg.Almost 900 Startups, of which are 202 proptechs, 172 Financing startups, 114 insurtechs, 96 investments, 76 Blockchain, 72 accounting and 166 others (ID, API/Banking, Accounting, Gastro, Regtech, …). Payments are losing considerably in startup count and popularity 124 of those fintechs have been founded in 2018 25% fintech sector growth since 2017 Market / Germany / Local HubsGermany leads the way as banks might embrace crypto - NEDEROB https://buff.ly/380B6Z9 Next year Germany is very likely to accept a law that will make it possible for institutional banks to offer crypto services, including bitcoin custodial wallets. Handelsblatt reported the news earlier this week. This would make Germany the first major European country to embrace cryptocurrencies at an institutional level, and likely more countries will follow. Because the Germans have been the leading force behind the European economy for decades. I think in 2020 we will see fintechs and neobanks opening up branches – Luka Ivicevic during Startuprad.io’s 2019 Fintech Review Hamburg83 Fintechs (comdirect) Related: WELT writes about the deterioration of the city of Hamburg, as a financial hub within Germany and Europe https://buff.ly/2NYGJhn Banks and insurance companies are shedding headcount Munich105 Fintechs (comdirect) I think in 2020 we will see much more shakeout [of fintechs in Germany]. Many runways running out – Mario Hachemer during Startuprad.io’s 2019 Fintech Review Frankfurt106 Fintechs (comdirect) Deutsche Bank started Fyrst. Anyone heard anything? Berlin295 Fintechs (comdirect) Other cities / hubs (according to comdirect) Cologne 35 Düsseldorf 20 Stuttgart 12 Leipzig 7 Dresden 6 Dortmund 6 Essen 6 Bremen 6 295 Fintechs (comdirect) Financing What did the underperforming IPOs (WeWork, Uber, Slack) do to the exit route for fintechs? E.g. The Spectacular Rise and Fall of #WeWork by Bloomberg on YouTube https://buff.ly/36HaxYt #US venture capitalists: here are 10 tips if you want to make it in Europe | SiftedThe first piece of advice is to get out of #London https://t.co/76JMPQQ220 #VentureCapital #VC #Europe Recommended Holiday Readings (Affiliated Links)The Fire Starter Sessions by Danielle LaPortehttps://amzn.to/38Ug3rUThe 7 Habits of Highly Effective People by Stephen R. Covey https://amzn.to/2sGDy78 The 8th Habit: From Effectiveness to Greatness by Stephen R. Covey https://amzn.to/34DYbOCThe $100 Startup by Chris Guillebeauhttps://amzn.to/2PEoFetOutliers by Malcolm Gladwellhttps://amzn.to/36U41g6Grit – The Power of Passion and Perseverance by Angela Duckworthhttps://amzn.to/2SbuEcj To digitize the relationship with clients in banking, that will be the unicorn – Paolo Sironi during Startuprad.io’s 2019 Fintech Review Our Guests(in alphabetic order) Mario Hachemer, CTO Fastbill (https://www.linkedin.com/in/mahachemer/) Luka Ivicevic, Co-Founder / Chief of Staff at Penta (https://www.linkedin.com/in/luka-ivicevic/) Frank Schwab, Co-Founder Fintech Forum (https://www.linkedin.com/in/frankschwab/) Paolo Sironi , Author and Thought Leader IBM (https://www.linkedin.com/in/thepsironi/) Host: Jörn “Joe” Menninger, Founder and Host Startuprad.io joe@startuprad.io / Twitter / LinkedIn / Video Interview (2018) To succeed in Fintech you need to digitize the client relationship – Paolo Sironi during Startuprad.io’s 2019 Fintech Review Further ReadingDuring the discussion we are touching: Challenger Bank / Neo Bank https://en.wikipedia.org/wiki/Challenger_bank Share of Wallet https://www.investopedia.com/terms/s/share-of-wallet.asp Tiktok https://www.youtube.com/watch?v=mQEGJMmqBTw Mortgage: https://www.investopedia.com/terms/m/mortgage.asp related: Mortgage market shares in Germany. Statista has only numbers for 2015, but online banks had a 40% market share: https://de.statista.com/statistik/daten/studie/661264/umfrage/entwicklung-der-marktanteile-der-vertriebskanaele-in-der-deutschen-baufinanzierung/ Goldman Sachs’ Marcus: https://www.marcus.com/us/en Related: https://www.fool.com/investing/2019/12/09/why-is-goldman-sachs-investing-in-marcus.aspx Having a good user experience is ok, but it will not lead to a transformation people will do banking – Paolo Sironi during Startuprad.io’s 2019 Fintech Review https://youtu.be/fFxCiGsnD48 RegulationPSD2Was Lukas forecast a spot on, or will it take more time? In an article published in Heise, the author argues that the biggest winners of PSD2 will be the large internet companies like Google, Facebook or Apple https://buff.ly/2Pg1ZkG Given the recent success of Apple Pay in Germany, he may not be too far off.Companies / Fintechs / Banks Established Credit Rating Bureau Schufa buys into the core of banking with FinAPI: (Jan) Established German credit scoring agency Schufa takes over munich-based fintech FinAPI. FinAPI allows to access current accounts http://ow.ly/P7RR30n4x1M MarketsMarket / GlobalSubjective point Joern: It feels like the blurring of fintech and banking continues. There are now cross mergers all over, admittedly more fintechs investments by banks than otherwise, but it keeps blurring. Do you think in 5 years one will still distinguish beyond the point regulated or not? Also: Fintech becomes really european, think expansion of N26 to UK or Klarna to Berlin. Fintech Trends: Five Insights For Now And The Future | Deloitte US https://buff.ly/34ckc6W Financial firms are jumping into fintech Potential blockchain benefits are growing Regulators are showing interest in fintech Implementation can lead to operational challenges The industry is realizing this is a marathon, not a sprint A look at the UK, since the system is more mature. Neobanks are currently looking like they are not winning writes Sifted - What does this indication mean for the German challengers? “NeoBanks / Challenger Banks Are they going to make it?” From Sifted.com -Traditional banks — Nationwide Building Society, HSBC and NatWest — still have the highest net switching gains -Contrary to media hype, people aren’t leaving Barclays for Monzo. Most are leaving to go to Nationwide and HSBC. Indeed, Nationwide saw more net gains than Monzo and Starling combined, showing the big banks have still got “it.” - Nonetheless, the two digital banks came in fourth and fifth respectively for net gains. To their credit, they’ve overtaken several big banks like Lloyds and RBS who are losing current account customers overall. - Monzo also trails just behind HSBC for net gains, and could well overtake it in the coming quarter - Metro Bank – the brick and mortar challenger bank that faced accounting issues earlier this year – did not provide their switching data" https://buff.ly/2RxZ5JF Related point from Frank Schwab: „The path towards profitability of NeoBanks / FinTech“ We haven‘t seen much yet ... In financial services the psychological play is very different [from ecommerce] – Paolo Sironi during Startuprad.io’s 2019 Fintech Review Global Ranking of #Fintech #Hubs is good for Germany https://buff.ly/2Ym7VeQ Global Positions: BerlinFrankfurtHamburgMunich Out of 238 cities. Not bad, but there is room for improvement. Deutsche Bank has asked, "will fiat currencies survive," in what it calls the "multi-trillion dollar (or bitcoin) question." "The forces that have held the current fiat system together now look fragile and they could unravel in the 2020s. If so, that will start to lead to a backlash against fiat money and demand for alternative currencies, such as gold or crypto could soar." Link opens PDF https://buff.ly/2Phpg4s?utm_source=-custom-by-source-0- Frank’s point of PayPal becoming a lender in the US PayPal and Square quietly grow small business lending using data as their edge over banks https://buff.ly/2qXNcyh Fintechs succeed because they are not overvaluing the trust – Mario Hachemer during Startuprad.io’s 2019 Fintech Review Market / GermanyThere is a study by the online bank comdirect, which is a subsidiary of Commerzbank, headquartered close to Hamburg.Almost 900 Startups, of which are 202 proptechs, 172 Financing startups, 114 insurtechs, 96 investments, 76 Blockchain, 72 accounting and 166 others (ID, API/Banking, Accounting, Gastro, Regtech, …). Payments are losing considerably in startup count and popularity 124 of those fintechs have been founded in 2018 25% fintech sector growth since 2017 Market / Germany / Local HubsGermany leads the way as banks might embrace crypto - NEDEROB https://buff.ly/380B6Z9 Next year Germany is very likely to accept a law that will make it possible for institutional banks to offer crypto services, including bitcoin custodial wallets. Handelsblatt reported the news earlier this week. This would make Germany the first major European country to embrace cryptocurrencies at an institutional level, and likely more countries will follow. Because the Germans have been the leading force behind the European economy for decades. I think in 2020 we will see fintechs and neobanks opening up branches – Luka Ivicevic during Startuprad.io’s 2019 Fintech Review Hamburg83 Fintechs (comdirect) Related: WELT writes about the deterioration of the city of Hamburg, as a financial hub within Germany and Europe https://buff.ly/2NYGJhn Banks and insurance companies are shedding headcount Munich105 Fintechs (comdirect) I think in 2020 we will see much more shakeout [of fintechs in Germany]. Many runways running out – Mario Hachemer during Startuprad.io’s 2019 Fintech Review Frankfurt106 Fintechs (comdirect) Deutsche Bank started Fyrst. Anyone heard anything? Berlin295 Fintechs (comdirect) Other cities / hubs (according to comdirect) Cologne 35 Düsseldorf 20 Stuttgart 12 Leipzig 7 Dresden 6 Dortmund 6 Essen 6 Bremen 6 295 Fintechs (comdirect) Financing What did the underperforming IPOs (WeWork, Uber, Slack) do to the exit route for fintechs? E.g. The Spectacular Rise and Fall of #WeWork by Bloomberg on YouTube https://buff.ly/36HaxYt #US venture capitalists: here are 10 tips if you want to make it in Europe | SiftedThe first piece of advice is to get out of #London https://t.co/76JMPQQ220 #VentureCapital #VC #Europe Recommended Holiday Readings (Affiliated Links)The Fire Starter Sessions by Danielle LaPortehttps://amzn.to/38Ug3rUThe 7 Habits of Highly Effective People by Stephen R. Covey https://amzn.to/2sGDy78 The 8th Habit: From Effectiveness to Greatness by Stephen R. Covey https://amzn.to/34DYbOCThe $100 Startup by Chris Guillebeauhttps://amzn.to/2PEoFetOutliers by Malcolm Gladwellhttps://amzn.to/36U41g6Grit – The Power of Passion and Perseverance by Angela Duckworthhttps://amzn.to/2SbuEcj

Find the video and more content here: https://www.startuprad.io/blog/2019-fintech-review-germany-talkshow-by-startuprad-io-video/ The traditionThis is a Startuprad.io tradition. Every year close to Christmas Joe gets together with smart people from the German fintech scene and talks about what was going on. Usually, the discussion drifts fast in a talk show and does not stick to the usual news format. None the less it is very informative and there are great ideas for fintech entrepreneurs and investors here. Trust is repeated positive experience – Frank Schwab during Startuprad.io’s 2019 Fintech Review This episode was made possible by Hessen Trade and Invest, learn more at www.invest-in-hessen.de Find the video and more content here: https://www.startuprad.io/blog/2019-fintech-review-germany-talkshow-by-startuprad-io-video/ The traditionThis is a Startuprad.io tradition. Every year close to Christmas Joe gets together with smart people from the German fintech scene and talks about what was going on. Usually, the discussion drifts fast in a talk show and does not stick to the usual news format. None the less it is very informative and there are great ideas for fintech entrepreneurs and investors here. Trust is repeated positive experience – Frank Schwab during Startuprad.io’s 2019 Fintech Review This episode was made possible by Hessen Trade and Invest, learn more at www.invest-in-hessen.de To digitize the relationship with clients in banking, that will be the unicorn – Paolo Sironi during Startuprad.io’s 2019 Fintech Review Our Guests(in alphabetic order) Mario Hachemer, CTO Fastbill (https://www.linkedin.com/in/mahachemer/) Luka Ivicevic, Co-Founder / Chief of Staff at Penta (https://www.linkedin.com/in/luka-ivicevic/) Frank Schwab, Co-Founder Fintech Forum (https://www.linkedin.com/in/frankschwab/) Paolo Sironi , Author and Thought Leader IBM (https://www.linkedin.com/in/thepsironi/) Host: Jörn “Joe” Menninger, Founder and Host Startuprad.io joe@startuprad.io / Twitter / LinkedIn / Video Interview (2018) To succeed in Fintech you need to digitize the client relationship – Paolo Sironi during Startuprad.io’s 2019 Fintech Review Further ReadingDuring the discussion we are touching: Challenger Bank / Neo Bank https://en.wikipedia.org/wiki/Challenger_bank Share of Wallet https://www.investopedia.com/terms/s/share-of-wallet.asp Tiktok https://www.youtube.com/watch?v=mQEGJMmqBTw Mortgage: https://www.investopedia.com/terms/m/mortgage.asp related: Mortgage market shares in Germany. Statista has only numbers for 2015, but online banks had a 40% market share: https://de.statista.com/statistik/daten/studie/661264/umfrage/entwicklung-der-marktanteile-der-vertriebskanaele-in-der-deutschen-baufinanzierung/ Goldman Sachs’ Marcus: https://www.marcus.com/us/en Related: https://www.fool.com/investing/2019/12/09/why-is-goldman-sachs-investing-in-marcus.aspx Having a good user experience is ok, but it will not lead to a transformation people will do banking – Paolo Sironi during Startuprad.io’s 2019 Fintech Review https://youtu.be/fFxCiGsnD48 Fintechs succeed because they are not overvaluing the trust – Mario Hachemer during Startuprad.io’s 2019 Fintech Review I think in 2020 we will see fintechs and neobanks opening up branches – Luka Ivicevic during Startuprad.io’s 2019 Fintech Review Recommended Holiday Readings (Affiliated Links)The Fire Starter Sessions by Danielle LaPortehttps://amzn.to/38Ug3rUThe 7 Habits of Highly Effective People by Stephen R. Covey https://amzn.to/2sGDy78 The 8th Habit: From Effectiveness to Greatness by Stephen R. Covey https://amzn.to/34DYbOCThe $100 Startup by Chris Guillebeauhttps://amzn.to/2PEoFetOutliers by Malcolm Gladwellhttps://amzn.to/36U41g6Grit – The Power of Passion and Perseverance by Angela Duckworthhttps://amzn.to/2SbuEcj To digitize the relationship with clients in banking, that will be the unicorn – Paolo Sironi during Startuprad.io’s 2019 Fintech Review Folge direkt herunterladen

BackgroundPublic blockchains, like Ethereum and Bitcoin, can only perform ten transactions per second. If you only want to put one percent of global financial markets on the blockchain, you would have to do hundreds of thousands more. That is where Perun comes in. They are a B2B startup and work with other companies who are interested in blockchain or already working with it. Perun generates an additional layer on the original blockchain, their protocol (2nd layer off-blockchain) is more secure and much faster by enabling transactions to be sent peer to peer in separate channels without confirmation of thousands of blockchain miners. In each channel, thousands of transactions per second are possible with current technology. Perun’s channel technology could also be used by centralized financial networks like credit card companies or other payment providers (think PayPal). Their channel technology also allows machine-to-machine-payments on blockchains. During the interview, we also talk about their technology’s theoretical limit. They will soon release their protocol as an open-source developer kit. Find more information on that on their website. Interview PartnerIn this interview, Joe is talking to Sebastian Stammler – Implementation Lead (https://www.linkedin.com/in/sebstar/) and Hendrik Amler Scrum Master (https://www.linkedin.com/in/hendrik-amler-932506191/) at Darmstadt based Blockchain startup PERUN (https://perun.network/). At the time of the interview (October 2019), the company was not yet incorporated. Perun is part of a research group jointly of TU Darmstadt (https://en.wikipedia.org/wiki/Technische_Universit%C3%A4t_Darmstadt) and University of Warsaw (https://en.wikipedia.org/wiki/University_of_Warsaw). TU Darmstadt is one of the great starting points for many deep-tech startups (https://en.wikipedia.org/wiki/Deep_tech) here in Germany. You might also want to pay a visit to HIGHEST, the startup and innovation center of the university: https://www.highest.tu-darmstadt.de/highest/index.en.jsp. Tune in to learn more. Blockchain Germany by Startuprad.ioIf you are interested in German Blockchain startups, you can find our audio-only podcast "Blockchain Germany by Startuprad.io" here: iTunes: https://apple.co/2O2jwLx Spotify https://spoti.fi/2qucve8 DISCLAIMER:As opposed to the usual Youtuber or Podcaster in the Blockchain space my guests don’t pay thousands of Euros to be here. AND neither am I invested in you guys. I am also getting NO kickback. For everyone who is surprised about that, many channels work like this. Just pay attention to the people in Telegram Chats who ask for admin emails and “business proposals” they usually sent an offer with a price tag of several thousands of Euros, sometimes upwards of 50.000 Euros, just to be on their channel. Oh, and before I forget: They usually only want cash, they don’t take crypto. Make sure you vet your main blockchain information source before you fall into those traps. Further reading:We are talking during the interview: Vobis was a – now-defunct – computer hardware retailer in Germany, in the late 1990s. Some years they were showing the largest revenue for computer hardware in Germany. Learn more here in Wikipedia (article only in German): https://de.wikipedia.org/wiki/Vobis Diploma degree: https://en.wikipedia.org/wiki/Diploma#Germany_and_the_German_academic_education_system_in_Europe Prof. Dr. Sebastian Faust of TU Darmstadt: https://www.informatik.tu-darmstadt.de/cac/start_cac/mitarbeiter_cac/personendetails/index.en.jsp Prof. Stefan Dziembowski, PhD of University of Warsaw https://www.crypto.edu.pl/Members/Dziembowski Technical Papers for further reading:- General State Channel Networks https://eprint.iacr.org/2018/320 - Virtual Payment Channel Hubs http://eprint.iacr.org/2017/635 - Multi-Party Virtual State Channels https://eprint.iacr.org/2019/571 Recommended Holiday Readings (Affiliated Links)The Fire Starter Sessions by Danielle LaPortehttps://amzn.to/38Ug3rUThe 7 Habits of Highly Effective People - by Stephen R. Covey https://amzn.to/2sGDy78 The 8th Habit: From Effectiveness to Greatness by Stephen R. Covey https://amzn.to/34DYbOC The $100 Startup by Chris Guillebeau https://amzn.to/2PEoFet Outliers by Malcolm Gladwell https://amzn.to/36U41g6Grit – The Power of Passion and Perseverance by Angela Duckworth https://amzn.to/2SbuEcj Find the YouTube Interview here: https://youtu.be/x-xDews0YXQ Folge direkt herunterladen

BackgroundPublic blockchains, like Ethereum and Bitcoin, can only perform ten transactions per second. If you only want to put one percent of global financial markets on the blockchain, you would have to do hundreds of thousands more. That is where Perun comes in. They are a B2B startup and work with other companies who are interested in blockchain or already working with it. Perun generates an additional layer on the original blockchain, their protocol (2nd layer off-blockchain) is more secure and much faster by enabling transactions to be sent peer to peer in separate channels without confirmation of thousands of blockchain miners. In each channel, thousands of transactions per second are possible with current technology. Perun’s channel technology could also be used by centralized financial networks like credit card companies or other payment providers (think PayPal). Their channel technology also allows machine-to-machine-payments on blockchains. During the interview, we also talk about their technology’s theoretical limit. They will soon release their protocol as an open-source developer kit. Find more information on that on their website. Interview PartnerIn this interview, Joe is talking to Sebastian Stammler – Implementation Lead (https://www.linkedin.com/in/sebstar/) and Hendrik Amler Scrum Master (https://www.linkedin.com/in/hendrik-amler-932506191/) at Darmstadt based Blockchain startup PERUN (https://perun.network/). At the time of the interview (October 2019), the company was not yet incorporated. Perun is part of a research group jointly of TU Darmstadt (https://en.wikipedia.org/wiki/Technische_Universit%C3%A4t_Darmstadt) and University of Warsaw (https://en.wikipedia.org/wiki/University_of_Warsaw). TU Darmstadt is one of the great starting points for many deep-tech startups (https://en.wikipedia.org/wiki/Deep_tech) here in Germany. You might also want to pay a visit to HIGHEST, the startup and innovation center of the university: https://www.highest.tu-darmstadt.de/highest/index.en.jsp. Tune in to learn more. Blockchain Germany by Startuprad.ioIf you are interested in German Blockchain startups, you can find our audio-only podcast "Blockchain Germany by Startuprad.io" here: iTunes: https://apple.co/2O2jwLx Spotify https://spoti.fi/2qucve8 DISCLAIMER:As opposed to the usual Youtuber or Podcaster in the Blockchain space my guests don’t pay thousands of Euros to be here. AND neither am I invested in you guys. I am also getting NO kickback. For everyone who is surprised about that, many channels work like this. Just pay attention to the people in Telegram Chats who ask for admin emails and “business proposals” they usually sent an offer with a price tag of several thousands of Euros, sometimes upwards of 50.000 Euros, just to be on their channel. Oh, and before I forget: They usually only want cash, they don’t take crypto. Make sure you vet your main blockchain information source before you fall into those traps. Further reading:We are talking during the interview: Vobis was a – now-defunct – computer hardware retailer in Germany, in the late 1990s. Some years they were showing the largest revenue for computer hardware in Germany. Learn more here in Wikipedia (article only in German): https://de.wikipedia.org/wiki/Vobis Diploma degree: https://en.wikipedia.org/wiki/Diploma#Germany_and_the_German_academic_education_system_in_Europe Prof. Dr. Sebastian Faust of TU Darmstadt: https://www.informatik.tu-darmstadt.de/cac/start_cac/mitarbeiter_cac/personendetails/index.en.jsp Prof. Stefan Dziembowski, PhD of University of Warsaw https://www.crypto.edu.pl/Members/Dziembowski Technical Papers for further reading:- General State Channel Networks https://eprint.iacr.org/2018/320 - Virtual Payment Channel Hubs http://eprint.iacr.org/2017/635 - Multi-Party Virtual State Channels https://eprint.iacr.org/2019/571 Recommended Holiday Readings (Affiliated Links)The Fire Starter Sessions by Danielle LaPortehttps://amzn.to/38Ug3rUThe 7 Habits of Highly Effective People - by Stephen R. Covey https://amzn.to/2sGDy78 The 8th Habit: From Effectiveness to Greatness by Stephen R. Covey https://amzn.to/34DYbOC The $100 Startup by Chris Guillebeau https://amzn.to/2PEoFet Outliers by Malcolm Gladwell https://amzn.to/36U41g6Grit – The Power of Passion and Perseverance by Angela Duckworth https://amzn.to/2SbuEcj Find the YouTube Interview here: https://youtu.be/x-xDews0YXQ

BackgroundPublic blockchains, like Ethereum and Bitcoin, can only perform ten transactions per second. If you only want to put one percent of global financial markets on the blockchain, you would have to do hundreds of thousands more. That is where Perun comes in. They are a B2B startup and work with other companies who are interested in blockchain or already working with it. Perun generates an additional layer on the original blockchain, their protocol (2nd layer off-blockchain) is more secure and much faster by enabling transactions to be sent peer to peer in separate channels without confirmation of thousands of blockchain miners. In each channel, thousands of transactions per second are possible with current technology. Perun’s channel technology could also be used by centralized financial networks like credit card companies or other payment providers (think PayPal). Their channel technology also allows machine-to-machine-payments on blockchains. During the interview, we also talk about their technology’s theoretical limit. They will soon release their protocol as an open-source developer kit. Find more information on that on their website. Interview PartnerIn this interview, Joe is talking to Sebastian Stammler – Implementation Lead (https://www.linkedin.com/in/sebstar/) and Hendrik Amler Scrum Master (https://www.linkedin.com/in/hendrik-amler-932506191/) at Darmstadt based Blockchain startup PERUN (https://perun.network/). At the time of the interview (October 2019), the company was not yet incorporated. Perun is part of a research group jointly of TU Darmstadt (https://en.wikipedia.org/wiki/Technische_Universit%C3%A4t_Darmstadt) and University of Warsaw (https://en.wikipedia.org/wiki/University_of_Warsaw). TU Darmstadt is one of the great starting points for many deep-tech startups (https://en.wikipedia.org/wiki/Deep_tech) here in Germany. You might also want to pay a visit to HIGHEST, the startup and innovation center of the university: https://www.highest.tu-darmstadt.de/highest/index.en.jsp. Tune in to learn more. Blockchain Germany by Startuprad.ioIf you are interested in German Blockchain startups, you can find our audio-only podcast "Blockchain Germany by Startuprad.io" here: iTunes: https://apple.co/2O2jwLx Spotify https://spoti.fi/2qucve8 DISCLAIMER:As opposed to the usual Youtuber or Podcaster in the Blockchain space my guests don’t pay thousands of Euros to be here. AND neither am I invested in you guys. I am also getting NO kickback. For everyone who is surprised about that, many channels work like this. Just pay attention to the people in Telegram Chats who ask for admin emails and “business proposals” they usually sent an offer with a price tag of several thousands of Euros, sometimes upwards of 50.000 Euros, just to be on their channel. Oh, and before I forget: They usually only want cash, they don’t take crypto. Make sure you vet your main blockchain information source before you fall into those traps. Further reading:We are talking during the interview: Vobis was a – now-defunct – computer hardware retailer in Germany, in the late 1990s. Some years they were showing the largest revenue for computer hardware in Germany. Learn more here in Wikipedia (article only in German): https://de.wikipedia.org/wiki/Vobis Diploma degree: https://en.wikipedia.org/wiki/Diploma#Germany_and_the_German_academic_education_system_in_Europe Prof. Dr. Sebastian Faust of TU Darmstadt: https://www.informatik.tu-darmstadt.de/cac/start_cac/mitarbeiter_cac/personendetails/index.en.jsp Prof. Stefan Dziembowski, PhD of University of Warsaw https://www.crypto.edu.pl/Members/Dziembowski Technical Papers for further reading:- General State Channel Networks https://eprint.iacr.org/2018/320 - Virtual Payment Channel Hubs http://eprint.iacr.org/2017/635 - Multi-Party Virtual State Channels https://eprint.iacr.org/2019/571 Recommended Holiday Readings (Affiliated Links)The Fire Starter Sessions by Danielle LaPortehttps://amzn.to/38Ug3rUThe 7 Habits of Highly Effective People - by Stephen R. Covey https://amzn.to/2sGDy78 The 8th Habit: From Effectiveness to Greatness by Stephen R. Covey https://amzn.to/34DYbOC The $100 Startup by Chris Guillebeau https://amzn.to/2PEoFet Outliers by Malcolm Gladwell https://amzn.to/36U41g6Grit – The Power of Passion and Perseverance by Angela Duckworth https://amzn.to/2SbuEcj Find the YouTube Interview here: https://youtu.be/x-xDews0YXQ

This is the fintech track of Startuprad.io. Find us on Twitter: https://twitter.com/fintech_germany Learn more about us at www.startuprad.io BackgroundPublic blockchains, like Ethereum and Bitcoin, can only perform ten transactions per second. If you only want to put one percent of global financial markets on the blockchain, you would have to do hundreds of thousands more. That is where Perun comes in. They are a B2B startup and work with other companies who are interested in blockchain or already working with it. Perun generates an additional layer on the original blockchain, their protocol (2nd layer off-blockchain) is more secure and much faster by enabling transactions to be sent peer to peer in separate channels without confirmation of thousands of blockchain miners. In each channel, thousands of transactions per second are possible with current technology. Perun’s channel technology could also be used by centralized financial networks like credit card companies or other payment providers (think PayPal). Their channel technology also allows machine-to-machine-payments on blockchains. During the interview, we also talk about their technology’s theoretical limit. They will soon release their protocol as an open-source developer kit. Find more information on that on their website. Interview PartnerIn this interview, Joe is talking to Sebastian Stammler – Implementation Lead (https://www.linkedin.com/in/sebstar/) and Hendrik Amler Scrum Master (https://www.linkedin.com/in/hendrik-amler-932506191/) at Darmstadt based Blockchain startup PERUN (https://perun.network/). At the time of the interview (October 2019), the company was not yet incorporated. Perun is part of a research group jointly of TU Darmstadt (https://en.wikipedia.org/wiki/Technische_Universit%C3%A4t_Darmstadt) and University of Warsaw (https://en.wikipedia.org/wiki/University_of_Warsaw). TU Darmstadt is one of the great starting points for many deep-tech startups (https://en.wikipedia.org/wiki/Deep_tech) here in Germany. You might also want to pay a visit to HIGHEST, the startup and innovation center of the university: https://www.highest.tu-darmstadt.de/highest/index.en.jsp. Tune in to learn more. Blockchain Germany by Startuprad.ioIf you are interested in German Blockchain startups, you can find our audio-only podcast "Blockchain Germany by Startuprad.io" here: iTunes: https://apple.co/2O2jwLx Spotify https://spoti.fi/2qucve8 DISCLAIMER:As opposed to the usual Youtuber or Podcaster in the Blockchain space my guests don’t pay thousands of Euros to be here. AND neither am I invested in you guys. I am also getting NO kickback. For everyone who is surprised about that, many channels work like this. Just pay attention to the people in Telegram Chats who ask for admin emails and “business proposals” they usually sent an offer with a price tag of several thousands of Euros, sometimes upwards of 50.000 Euros, just to be on their channel. Oh, and before I forget: They usually only want cash, they don’t take crypto. Make sure you vet your main blockchain information source before you fall into those traps. Further reading:We are talking during the interview: Vobis was a – now-defunct – computer hardware retailer in Germany, in the late 1990s. Some years they were showing the largest revenue for computer hardware in Germany. Learn more here in Wikipedia (article only in German): https://de.wikipedia.org/wiki/Vobis Diploma degree: https://en.wikipedia.org/wiki/Diploma#Germany_and_the_German_academic_education_system_in_Europe Prof. Dr. Sebastian Faust of TU Darmstadt: https://www.informatik.tu-darmstadt.de/cac/start_cac/mitarbeiter_cac/personendetails/index.en.jsp Prof. Stefan Dziembowski, PhD of University of Warsaw https://www.crypto.edu.pl/Members/Dziembowski Technical Papers for further reading:- General State Channel Networks https://eprint.iacr.org/2018/320 - Virtual Payment Channel Hubs http://eprint.iacr.org/2017/635 - Multi-Party Virtual State Channels https://eprint.iacr.org/2019/571 Recommended Holiday Readings (Affiliated Links)The Fire Starter Sessions by Danielle LaPortehttps://amzn.to/38Ug3rUThe 7 Habits of Highly Effective People - by Stephen R. Covey https://amzn.to/2sGDy78 The 8th Habit: From Effectiveness to Greatness by Stephen R. Covey https://amzn.to/34DYbOC The $100 Startup by Chris Guillebeau https://amzn.to/2PEoFet Outliers by Malcolm Gladwell https://amzn.to/36U41g6Grit – The Power of Passion and Perseverance by Angela Duckworth https://amzn.to/2SbuEcj Find the YouTube Interview here: https://youtu.be/x-xDews0YXQ

Hey Income Hackers! Are you ready to become a million-dollar machine? Our guest for today is completely sure everybody needs a coach in their lives, and he is ready to give you the best version of himself to improve your personal development, with an awesome mix of energy, substance and a 15-year network. Micheal Burt represents a new age of leadership in this world. He is the go-to guy for entrepreneurs, salespeople, and managers that want to get the highest levels and performances of their lives. Michael was the Head Women’s Basketball Coach and Athletic Director of the Riverdale High School for almost ten years, he has written more than 13 books and has coached several real estate agents and investors to change their mindsets for their own benefit. Burt sees adversities as opportunities to grow and learn, and he is convinced it all stands out in how you look at struggle and face frustration within life.  Walk with us in this new episode and learn with Micheal why you have to retreat to attack, quit thinking about you and getting lost in someone else’s dreams; why you need to change your environment to change your stakes to think different and positive, and why most coaches teach sales techniques but won’t mentor you at a personal level. Discover why Micheal is building his legacy by giving back to children, helping others put their hearts and minds on sync.  “A good coach understands how to activate the prey drive skills in a person.” - Michael Burt   Podcast summary: 02:06 - How Micheal went from coaching basketball champions to mentoring top business people from all over the world. 04:08 - What is prey drive and why Micheal believes it is not exclusive to the animal kingdom.  06:12 - How to activate your prey drive and why Micheal believes you don’t need a purpose in life to activate it. 11:59 - How to protect your prey drive and why Micheal believes adversity could be the best thing to ever happen to you. 14:38 - Progress, not perfection: how to keep pushing through adversity and not give up. 19:40 - Skills versus mindset: why Micheal thinks passion is more important than talent.  21:10 - Retreat to attack: how to get out of a slump. 25:18 - Micheal’s first income hack and why a check made him open his mind to new arenas. 27:02 - What Micheal would change if he could time travel to the past. 28:16 - Why Micheal thinks of his first 10K people conference as his biggest success. 29:11 - Micheal’s advice for you if you are struggling and thinking of giving up. 31:06 - Paying attention to who you are taking advice from and why Micheal suggests you to invest in your knowledge. 35:28 - How Micheal is building his legacy by giving back to children. 39:24 - The reason Micheal gets out of bed every morning and why he believes everyone needs a coach.   Connect with Micheal Follow Micheal on Instagram  Follow Micheal on Twitter  Person Of Interest by Micheal Burt Monster Producer Coaching  The Greatness Factory The Greatness Factory For Kids   Episode Resources The 7 Habits Of Highly Effective People by Stephen R. Covey The 8th Habit: From Effectiveness to Greatness by Stephen R. Covey Voxer

Marijana Glavaš je savjetnica, dizajnerica, virtualna asistentica; vlasnica servisa za poslovne usluge Moja Asistenca, vlasnica i urednica portala Suvremena žena, a u međuvremenu i majka i supruga. Nakon višegodišnjeg korporativnog radnog iskustva zaključila je da to nije za nju i pokrenula ne jednu, nego više svojih priča koje se isprepliću i zajedno čine njen današnji način života. Na svoj primjeru pokazuje da je moguće biti uspješan freelancer s kombinacijom vještina koje volimo. 04:20 - Rad u sustavu gušio je moje potencijale 06:45 - Da li se u korporaciji stekne disciplina? 08:20 - Što je virtualni asistent? 11:00 - Paket usluga koji nudim idealan je za manje poduzetnike 14:00 - Danas ljudi više prepoznaju što je to virtualni asistent 15:10 - Mora proći određeni period prije nego suradnja postaje potpuno uspješna 17:15 - Jedan mjesec vam treba 160h rada, drugi mjesec 10h rada - bolje je zaposliti eksternu uslugu po satu nego imati zaposlenika 19:15 - Do svih klijenata sam došla preko preporuke 20:00 - Firma sa većim brojem zaposlenika ili lifestyle firma za jednu osobu? 22:30 - Dosta ljudi je zainteresirano za posao virtualnog asistenta 23:20 - Rad od kuće zahtjeva jako puno angažmana 24:30 - Odgovornost, učinkovitost i lojalnost su najvažnije osobine za virtualnog asistenta 26:00 - Ne radim prodaju, ne volim prodaju 27:35 - Ono što ne radim sa strašću izbjegavam raditi 28:30 - Suvremena žena - zasad strast i hobi s vizijom da bi moglo postati isplativo 32:20 - Što podrazumijeva "poslovno savjetovanje"? 34:45 - Nemojte ulaziti u poduzetništvo samo zbog potpore za samozapošljavanje! 37:15 - Nisam još imala situaciju da student otvara nešto svoje, pa me zaposli 39:30 - Kada se poduzetnici početnici trebaju osloboditi virtualnog asistenta? 42:00 - Kako hendlati veći broj aktivnih klijenata? 42:45 - Cilj mi je kvalitetno raditi ovo što radim! 45:30 - Koliko radiš dnevno? 46:00 - Godišnji odmor u one-man firmi je kompliciran 47:30 - I u radu kod kuće bitno je imati izdvojen prostor za rad 49:45 - Iako imam otprilike plan, nikad baš ne znam što ću točno sutra raditi 50:50 - Moja bivša firma je moj današnji klijent 52:30 - Neke svoje klijente ni ne poznajem osobno 55:00 - Nemam plan edukacije, ali kontinuirano nešto učim i usavršavam neke vjerštine 57:40 - Što je sinonim za riječ "klijent"? Marijana preporuča: Stephen R. Covey: The 8th Habit: From Effectiveness to Greatness PREPORUKE ZA LAKŠE I UGODNIJE SLUŠANJE PODCASTA 3 Načina kako slušati podcast Kako slušati podcast u autu koji nema Mp3 player Top lista najslušanijih epizoda *Epizoda podcasta snimljena je na radiju 808. Majstor zvuka: Gordan Antić Suradnik na blogu: Mario Mucalo  

John Formica, the “Ex-Disney Guy”, is a highly sought after internationally known speaker and author of the top selling book, “Making the Customer Experience Magical Now! - How to Succeed in Business and Beat Out Your Competition Today”.   John has appeared on the NBC Morning Show, ABC, CBS, FOX, Univision, numerous business journals and recently featured in the Virgin Atlantic In-flight Magazine, after completing five successful speaking tours in Australia and being named “Australia’s Best Customer Experience Coach.” John has inspired audiences with over 3,500 keynotes and seminars throughout the United States and all across the globe.    Today, John is the leading authority in the service industry, small business growth and team culture environments. He has successfully coached hundreds of small businesses, cities, tourism communities, healthcare professionals, universities, schools and teams to build customer loyalty for life, attract and keep more customers and create “Whistle While You Work” Team Environments.   Questions   Tell us a little bit about yourself and your journey In your book, you talk about the Disney philosophy of people management. Could you share with us a little bit about the philosophy and purpose. Could you share with us what is Disney’s purpose statement? What are some online resource, tool, website or app that you absolutely cannot live without in your business? We have a lot of listeners who are business owners and managers who feel they have great products and services but sometimes they lack the constantly motivated human capital. The people are just not motivated. Now, if were sitting across the table from that person, that business owner, manager, that CEO, what's the one piece of advice that you would give them to have a successful business. What is the one thing in your life right now that you are really excited about – either something that you’re working on to develop yourself or people? Where can our listeners find you online? What’s one quote or saying that during times of adversity or challenge you revert to this quote to kind of helps you refocus and keep you on the path?   Highlights   John stated that he spent his entire career in the service industries. He managed hotels, resort properties and even assisted living communities and truly believed in that service mentality of really taking care of people and in hospitality field, that's what you do, you take care of the guests and treat them just like there’re family. And he did that for many years with some pretty big companies and then he got a call from the Disney Company to help the Disney organization during their huge expansion in the resort division. And it was a dream come true because there's no better company he thinks as far as hospitality and what they offer. And so, when he got to Disney, they had 4 hotels and a campground but there were 16 brand new hotels on the drawing board and his role was to open up each hotel, hire the staff, develop the staff, training staff, and more importantly, create a Disney Resort experience that would differentiate the Disney hotels from everybody else. And he absolutely loved that because with Disney focuses on we all know is they we provide all of us an incredible experience. So, just imagine in any business regardless of what it is, even if it's a nonprofit organization. Could you imagine if you could go beyond just providing service and create an experience that is memorable that people will talk about, that people become loyal to in any manner, how magical could that be and that's what Disney does, and he gets the honor of traveling around the world, sharing Disney strategy is so that any business could create that same Disney like culture and incredible magical customer experience.   Yanique reiterate that he’s doing things that people would want to be doing on a regular basis and having fun while doing it and he’s also creating value in people's lives.   John agreed and stated that he loves helping people, he’s a server. He just wants to serve people in whatever we can help them. In his world, it's really helping them as leaders, help them as tools, help them in their business by the result. Changing people's lives and there’s not a noble cause in that.   John stated that everybody has a product or service and we all do our best to provide a very good product or service, but Walt Disney was an incredible person, an incredible leader and philosophy. You can build and create the most wonderful place in the world, but it takes people to make that dream come true. We know that in in any business, even in the great high-tech world where technology is really taking the place of many people, we are all in the people business and we will remember customers, consumers, we will remember people over a product or service. And so, we have to make sure we focus on the success in training and developing and motivating people. And one of the things that Disney does, Walt Disney created an incredible purpose statement and a purpose statement is not a mission statement because the mission statement is geared towards the company or organization of what they're trying to accomplish, with this purpose statement it's not what, where, how, when or who you’re going to do it to. It's the big purpose statement of why. Why do it, if you think about it, we all should be doing things because we want to not because we have to and if you can create a culture around an organization where people believe in the purpose and they do it because their heart is in it, we all know that they'll do a better job. And so, Disney focuses on that purpose and he shares in his seminars and in his keynotes that we really have to boil down to and make sure people know why, and once we do, now we have a better understanding and vision to where we want to accomplish.   When asked about Disney’s purpose statement, John stated that it's really simple. It's to make people happy. And you think about it, when he asked that question during his programs, he’ll ask, “What do you think Disney's purpose is?” a lot of people say create memories, entertainment, provide quality, some people even told him to make money. And all those things are great purposes, but they are the result of making people happy because once Disney stops making people happy, you and I are not going to go there, we're not going to buy their products and services and it will not exist. So, the focus is to make people happy. To give an example, it's not a marketing statement, it's not something that you'd find on a commercial or a sign in a park that says we make people happy. It's for the internal customer, in other words, it's the people that work there. So, they truly understand why, and he gave a great example, before you even fill out an application at Disney to work there no matter whether you are applying for a job as a manager, or bus driver, housekeeper, somebody to operator the rides or sell tickets or work in food and beverage, it doesn't make a difference. You watch a video and, in the video, they talk about that if you are lucky enough to work for the organization, the reason why they're going to hire you is to make people happy and you're going to work when other people play. And then they will talk about that you’re going to work weekends and you're going to work holidays and it's not going to be easy what you're doing. And they talk about the structure and some of the high grooming guidelines that they have, the strict guidelines and they’re not trying to scare anybody to apply, what they're trying to make sure you understand that if you work there you have to believe in it because Disney doesn't hire anybody that needs a job. They hire people that believe in what Disney believes in. And you think about it, if we believe in it, our heart’s in it and we’ll do it because we want to not because we have to. Many organizations don't focus so much on that. And like you said, then the employee does what they're told and nothing more. They do it 9:00 am to 5:00 pm but they won't do it 5 minutes after 5:00 pm because they don't understand the “Why” and all the things that we will do, the extra things we'll just do what we do or what was supposed to do but we won’t go extra, we do the extra when our heart’s in it.   Yanique stated that in the book it also says our purpose is more important than the job and while you're doing your job, you're always having your radar up, looking for ways to make people happy. For example, taking a picture of a family in front of the castle. Now in a regular organization let's say for example, a supermarket, you pack the grocery bags for the customers or you work at an automotive company that sells cars so you're a sales representative, your purpose statement is clearly going to be different from Disney, but will you also apply that same technique with the purpose being more important than the job.   John agreed and gave an example from an auto service repair. Many of them are his clients and many of them are mom and pop establishment so he’s trying to help them to build that culture and if you ask them what their purpose is, their purpose is to fix the car or make sure the car is running properly or make sure all the maintenance is done and make sure they use quality parts and make sure of all those things. And that's not their purpose, that's their job, that's what they do. But in reality, if we boil down to what's the purpose of an auto service repair shop in reality, it's to give him the consumer a peace of mind knowing that the vehicle is safe on the road, it's going to be in working order, it's going to be reliable when he has to get up to go to work in the morning or his kids’ cars are safe, his wife's car is safe. It's that piece of mind he’s getting. So, when you think about it, you have to do the job, you have to mechanically do all those things correctly but when he says to himself, wait a minute, he’s going to make sure that he’s going to double check to make sure those bolts tightened because he know he wants his client to have a peace of mind knowing that they did the right job, they didn't just do it halfway, they didn't just do a quick job, they go in, get this thing turned around, make money and move on to the next one. He wants to give them a peace of mind so when they drive off after getting their car serviced that they feel good, so, every decision is based on did that give someone a peace of mind. And that's the decisions that they make based on that. And it’s the same thing of a grocery store, again, maybe not a piece of mind of course but it's providing a great experience because they can go anywhere in grocery stores but knowing that that person who stacks the groceries in the bag doesn't just throw them in there and says, “Who cares, you need the groceries in a bag, I did it for you,” but takes good care knowing that they provide a great service in the food industry for people, making and sure you continue to think that way. So, everybody believes in it whether you're just a baggar or you're the manager of a grocery store. Everybody's going to do everything they can to make sure that that food is great quality it is not damaged so when they go back they can have that great experience.   Yanique stated following up on their point as it relates to the purpose, in the book it also shares that when you’re creating this magical purpose for your company you should get as many people involved in developing this statement, the owners, the managers, the supervisors, the front team, the back-office team. Don't be afraid to also get feedback from your loyal customers, ask each other why it's important, make it clear, short and easy, make it emotional, make it visible and memorable, reward and recognize people when it's carried out and post those accomplishments everywhere and discuss them at meetings and also celebrate successes and have fun. Why do you think it's important to do all these things just to create the magic in the purpose?   John stated that your purpose statement has to be an emotional connection between staff, managers, and the people that have carry it out and of course the organization. In many companies like he shared, they kind of lose sight of the why and they focus on all the other things on what, where and what he has seen many businesses small or large is that the CEO and the Presidents and executive team and the board of directors and maybe even the H.R. folks, they’re the ones that create the purpose statement and then all of a sudden it gets introduced to the entire organization and says, “By the way, this is what you're going to do now.” And the staff sitting there going, “What was wrong with the other one that we had?” or “I'm so busy, now there's more things you want me to do.” So, if you get everybody involved, you create the buying, you get everybody's opportunity to express their own thoughts of why they do what they do. It doesn't mean everybody is going to have a perfect answer to all of it but at least people have ownership and then a buy in that I'll do it because I had a part of it, when it's just top down, it's just becomes another thing and the interesting thing about a purpose statement, is that you’d never ever going to achieve it. So, it's not something that, “Okay, we did it. Now what else is next?” Your purpose statement has to be something that you're always going to be striving every single day, day in, week in, month out, year out, 10 to 15 years from now. It's not something you change because you're always striving to achieve it. An example of Disney making people happy. Every single cast member at Disney and there are 75,000 of them that work at the Disney World Resort in Orlando, Florida alone, every single one of them know that today when they wake up, before they go to work, they got to say to myself, “Man, today I'm going to make someone happy.” And they're always striving to do that, well guess what, “Tomorrow’s another day, I have to make someone happy again.” And there are people that have been at Disney for the first time, got to make them happy. And there are people who have been at Disney 50 times, got to make them happy too and you’ve got to make kids happy, you’ve got to make adults happy, you're going to make seniors happy, you’ve got to make each other happy. So, it never ends, you're always striving to reach that so when you get everybody excited about it, that's what he wants you to post things, he wants you to talk about it, he wants you to reward and recognize people because then becomes a living thing not something that the flavor of the month or we have a new H.R. director or we have a new CEO, that's their idea of what the vision of the company.   Yanique stated that it really does tie things in together. To ensuring that you're striving to do it every day, it's also important to ensure you have the right people. And so, one of the things that she has found over the years as a customer service trainer is that she thinks a lot of the customer service issues in organizations apart from the fact that it's highly driven by leadership. She thinks that who you recruit and if you're getting the right person to suit that particular role is very important. And one of the things that really struck her in his book was one of your suggestions is to get out of your office to interview and in it he gives mention to the fact that you should walk the person around, see how they interact with fellow employees and customers, do they have eye contact, do they open up doors, are they willing to stick their hand out and say, “Hi, my name is Susie, I'm applying for a job here.” Do they pick up pieces of paper, do they have energy and enthusiasm? So basically, he’s saying on the first job interview this is some of the strategies that you should employ instead of keeping them in an office and asking them the same monotone questions over and over.   John stated that what they’re trying to see if they’re a good fit and the best way to see it is to actually watch it in action rather than when they interview people in an office they say things like, are you energetic? Are you a people person? Do you like working with others? Do you have a lot of enthusiasm and energy? And what are the typical responses, “Yes” So by walking around they actually get to observe them and see are they and he always have this great saying that during an interview that's the best the person is ever going be is during an interview, it goes downhill after that. So, if they're not enthusiastic, if they're not helpful, if they're not friendly, if they're not showing you eye contact, if they're not enthusiastic about the possibility of working for you during that interview, you don’t think it's going to happen once you hire them, do you, of course not. What he tries to do is get people out, some organizations are really small, there's not any place to go, maybe a small office cubicle they’re working in but then get him outside, take them to a coffee shopp or something like that. Now, if you want somebody to punch numbers on the computer and sit in the back office and not talk to anybody, maybe that's not exactly necessary but in the customer service world that we live in where it's all about creating those experiences, you cannot hire somebody to change them into your culture. If you didn’t see it during the hiring process, as you should. He shared a story about his hotels, he used to get his front desk staff involved in the interviewing process. Whenever he was hiring a front desk person or a concierge guest services person, he would walk them around the hotel and do all the things you just suggested seeing how they react and he would take them to the front of the front desk at the hotel on the other side of the desk, not on the guest side but he would take them on the side that the workers are and he would all of a sudden say, “Oh, wait a minute I have to get this question. I'll be right back.” And he would leave them with his front desk clerks and at his front desk clerks would be, “Hey, how are you? You’re looking to work here? What are you doing now?” They would go through a little mini interview, what was interesting about it was he got feedback from them, many of them said, “Oh, this girl Susie, she's awesome. We really like her.” Or other times they would say, “I don't know. George has a personality of a dead fish, I don't think he's going to work.” And he would get feedback from his own team, guess what it created. One, it was great because he got a great perspective but then they had ownership in who we were hiring, and they had ownership of what they felt was a good fit and it was remarkable when you can do those sorts of things because now you're really seeing the person's true colors during that interview.   When asked about some online resources that he use in his business, John shared that he’s like a sponge so he’s constantly learning, growing from that perspective. He’s a voracious book reader, he’ll listen to podcasts, he’ll explore the internet and webinars, he’s always striving to get better and he may not learn from everything that they say but he’s just looking for one or two great ideas that he can incorporate, that he could share, that he could fine tune to tailor to maybe a client of his that he’s working with or an upcoming speaking engagement. So there have been some great mentors in his life that he says were there physically with me. These are mentors that were his bosses or people that would help him along the way but there were also a lot of authors and people like Stephen Covey is probably one of the most original first person to affect him when he would listen to his C.Ds in a car or he would read The 7 Habits of Highly Effective People or The 8th Habit: From Effectiveness to Greatness by Stephen Covey. He kind of molded him through his career. People like Jack Canfield who wrote all the chicken soup books has a great book, The Success Principles: How to Get From Where You Are to Where You Want to Be and he would highly recommend that to help you through it. He was a big Zig Ziglar fan and Zig Ziglar was the best motivator because he made him laugh and on the things that he would talk about and John would say, “Gosh, that was so funny but had such great merit.” There is John Maxwell who is another one, but he has always thought that through networking, through masterminds, through attending conferences…..again, you can pick up a lot of gold nuggets from people that you wouldn't think were very knowledgeable or maybe you thought they weren’t at the top, but they would just tell you some really good things and he has a lot of respect for people like Yanique and others who are there sharing their ideas. He’s a big sponge from getting it from a lot of different resources not just one.   John shared that as it relates to motivating people, the first thing he would tell them is to stop motivating people, stop trying to motivate them. He would look him in the eye and he would say, “Your heart is in the right place, but you cannot. I don't care who you are, you can't motivate anybody.” The key is to help create an environment will then motivate themselves. What he means by that is this, leaders always and he gets people all the time who come up to him, “How do I motivate my staff?” “How do I get my people to be so excited like you? I wish I had 10 people like you in my office.” “How do I get people excited?” The key is that's really hard to do but what we have to look at whether you're a manager or a business owner is instead of trying to figure out ways to motivate people, he wants you to think of the reverse strategy and try to figure out making sure there's nothing going on that is demotivating your people because when you demotivate your staff that's when people start to go in the wrong direction and there are so many things that can demotivate a staff member and everybody is demotivated differently. One person might say, “Well that's not a big deal.” Another person might say, “That was the toughest thing I've ever heard, and I don’t want to work for you anymore.” And you’d go, “What's the big deal?” Everybody is motivated differently, and everybody is demotivated differently. He gives an example, growing up in his career, he was a go getter, he wanted to be the best general manager that Hyatt Hotels ever had, and he was driven by trying to do that. What he meant by that was he didn't want anybody to hand it to him, he wanted to earn it but to earn it he went to every single Hyatt Hotel that he worked at and he would speak to their top managers and say, “What do I need to learn? What can you do to teach me so that I can be better prepared on my journey to become a general manager?” And that's what drove him. So, when he had opportunities to learn, when he had a mentor that would sit down once a week, they would have lunch together and that mentor would share the good, the bad and the ugly about John Formica to make John Formica better, those are the things and sent him to seminars or suggested books to read, to him that manager motivated him because he knew that that's what he wanted. And he also worked for organizations where managers say, “You don't need that, we don't send you to training, we don't send you to seminars.” And those are things that you don't need any of that kind of stuff. That means they didn't give him an opportunity to learn and grow, that was demotivating. You could bring balloons on his birthday, you can give him oatmeal raisin cookies every day, you could send him home early, you can give him Starbucks coupons for free coffee, you could do those things, that's good, the intentions are good but that doesn't motivate him. What motivates his giving him the ability to learn and grow and what demotivated him the most, when he had leaders that didn't care about any of that stuff.   Yanique agreed and stated that especially if you know what specifically you're looking for as an individual. You knew what your personal purpose was which kind of dovetails back into what we know when we started the interview. The purpose statement that should drive the employees but even as an individual you knew what drove you as a person and so you're looking for characteristics and character traits of leaders that would be able to basically mold and drive that purpose for yourself.   John shared that as a manager and a business owner, the best way to find out what’s demotivating your staff is not looking at it as a general statement but it's a one on one. He used to always have one on ones with every single one of his direct reports and they just talked about the good, the bad, the ugly, what is it that they like what he’s doing, what is it that they want him to stop doing and what is it that they want him to continue doing and they talk about it. Sometimes he got some brutal honest input from a co-worker that said, “John you’re try to micromanage us. We can do it, or I can do it.” And he would say, “But you haven't shown me. Every time I've asked you to do it and I let you go, you didn't take it seriously enough or you didn't follow up.” But that was good it made him think, “Okay, am I micromanaging and maybe I shouldn't micromanage.” So then micromanaging was a demotivating thing for this particular staff member or maybe he didn't appreciate them, maybe he thought he said thank you, but he really didn't say thank you one on one, he kind of thanked the whole team. Again, find out one on one what motivates and what demotivates individuals. He loves this statement and knows the familiarity with it, “There's no I in team.” Guess what, teams are made up of a bunch of I’s, individuals, so we have to take care of individuals as well not just looking at the team's perspective.   John shared that he’s really fired up about a new coaching program that he developed in partner with a writer in Australia. He gets a lot of people where he speaks at events and then people ask him to come in at events and speak, whether it’s training, whether it's leadership or hoping to create a better experience or hiring and all those things. He loves to do that but they know that not everybody has the resources whether it's financially or time to do that, so they put together and it’s not finished yet but we put together their great online coaching program where you will be able to get twelve webinars once a month, you're going to get unlimited access to both himself and his partner to help you not only market, to attract customers that you'll have more customers than you can ever dream of but then he’s going to help you keep the ones you have. It's a great combination because it's going to be able to help the “ma and pa” business owner and those are the ones that we all know need a lot of help, we want them to be successful. They don't have a lot of resources, don’t even have a lot of knowledge, there jumping into their business with good faith hoping that it will work, he wants to do everything he can to help them work. So, he’s really fired up about that but he’s also doing a lot of international work as well. He shared earlier that he just got back from Romania helping their small businesses at an incredible global summit. He thinks his messages can be used in lots of different organizations and he just want to do whatever he can to help.   John shared listeners can find him at – www.johnformica.com   John shared that you can sign up and get my new training videos for free. You can download them, it's just his way of giving back. They are only about eight minutes long but it's a good understanding of the philosophy of what they talk about. But the neat thing is you get every week a newsletter which is basically a tip to help you create more magic in your business and it could be a leadership tip, it could be a relationship tip, hiring, it could be the customer experience and it's a great way of staying in touch with him and you will have all the contact information as well but you will also have access to his library of other articles that he has posted over 100 articles that you'll be able to use but that's a great way of becoming part of his membership free, it doesn't cost anything. But then you'll get access when they’re ready to roll that out, they will send everybody that information, so if it's something of interest, it will be extremely affordable, and you'll be able to use that. He suggests that's probably the best way to be in contact, all his contact information is on that so if they want to reach out to him for a speaking event or perhaps helping their team, they can just go to his contact page and start that process. But he does a lot of free discovery calls just to see if he’s a good fit and see what if they can do anything they can to help you out.   John shared that he has a couple of quotes, there is one, it's a Zig Ziglar quote and he thinks this is just a great quote in life as well as in business and he said, “You will get all you want in life, if you help enough other people get what they want.” And in leadership, help your staff achieve the success they want and of course as a leader your success that you want in your career or in business. And he thinks if we just treat people like that, we do whatever we can as givers and serve others in and even just making someone smile today that might not be a big deal, but it could be a big deal to them. It will come around, you don't worry about the results, we all want things instantaneously, we want to be successful right now, it's a journey but it's a great journey that he thinks that if you're a giver like, you'll get the reward. Links Mastering Customer Experience and Increasing Your Revenue Online Course   Making the Customer Experience Magical Now! - How to Succeed in Business and Beat Out Your Competition Today by John Formica The 7 Habits of Highly Effective People by Stephen Covey The 8th Habit: From Effectiveness to Greatness by Stephen Covey The Success Principles: How to Get From Where You Are to Where You Want to Be by Jack Canfield  

Excuses surround us. The more we give them, the more normal it becomes. Sometimes excuses are explained away as rationalizations. When the explanations we give ourselves contradict what others experience and feel, our relationships are at risk. Our credibility is at risk. It's bold to accept responsibility and actively choose what to do in each situation we meet. It is bold to own the outcomes (good or bad) because they are a result of our choice. Jessica Dewell hosts a discussion with Geoffrey X Lane and Tom Rhodes to explore: What is an excuse and how do you identify them? Starting the conversation… What is an excuse? How do you identify them for yourself and your clients? What do excuses do to our relationships? Host:  Jessica Dewell Panel:  Geoffrey X Lane, Tom Rhodes Transcript for Program: Say Goodbye to Excuses What You Will Hear: Excuses are just reasons not to do things - we lie to ourselves. We rise to the level we set - if we make excuses, we will fail. Our credibility is at stake. What we do, how we respond affects our relationships. Who do we stretch for - step out of our comfort zone - be willing to reach for more? Black and white - what we believe matters. We always have a choice. The controversy around obligation. Words matter. What's really binding… Our previous choices put us exactly where we are today? Tips for self awareness vs reflection. Very little is black and white. Find options in the middle: what works for me and those around me? What normalization has to do with excuses. The importance of questions. Observe and take notice. “Are they telling the truth vs is it the truth?” Notable & Quotable: Geoffrey X Lane: An excuse is a lack of clarity. Thomas Rhodes: Hold yourself accountable and get it done. Geoffrey X Lane: We will do more for others than we will do for ourselves. Thomas Rhodes: The ONE thing we can do for ourselves is that we can choose. Geoffrey X Lane: State your preferences. start with what you like. Jessica Dewell: When we say yes to something, we are saying no to something else. It about what I value. Thomas Rhodes: We must hold ourselves accountable to finish the commitment. Thomas Rhodes: How you act to a decision is your choice. Geoffrey X Lane: The consequence of making a choice is that [the result] smacks us. Thomas Rhodes: Blaming is a waste of energy; own it and move forward. Jessica Dewell: Normalization is when we explain away things that don't feel good about yet with time we ‘get comfortable.' Thomas Rhodes: Awareness of what's around you is important. Jessica Dewell: When, where, and can we see the excuses we make? Geoffrey X Lane: People will desert you (if you make the wrong choices) faster than they initially followed you. Resources: Three questions: what worked? what did not work? what can I do differently? What Is Systems Thinking? – Peter Senge Explains
http://www.mutualresponsibility.org/science/what-is-systems-thinking-peter-senge-explains-systems-thinking-approach-and-principles The 8th Habit: From Effectiveness to Greatness Tags: choice, accountability, excuses, limiting beliefs, failure, obligations, consequences, influence, decisions, self awareness, blame, question, challenge, present, observation, clarity, skepticism, normalization, frame of reference, trust

  On Episode 11, We have a great conversation with Akshay Nanavati of Existing 2 Living. Akshay is a Marine and a war veteran who is now also an explorer and adventurer. He is on a mission to run across every country in the world to promote world unity and spread a message of good will. I first became familiar with him when I saw him give a quick talk at World Domination Summit and immediately thought he is a great example of someone making an incredible Second Half Comeback. He begins by telling us about a time in his teens when he became heavily involved with drugs and alcohol and even lost two friends to that destructive lifestyle. Akshay was able to pull himself out of that world and it was actually a scene from the movie “Black Hawk Down” that triggered his desire for self improvement and a life of service. He embarked on a journey of self improvement, joined the Marines and immersed himself in the world of outdoor sports. He served his country in  Iraq in 2007-2008 and then returned to the corporate world. He quit that job and spent all his savings to take on the epic challenge of skiing across the second largest ice cap in the world in Greenland dragging a 190 pound sled for 350 miles! He is now on a journey to run across every country in the world. One of the key lessons we discussed was the importance of finding immense clarity of purpose when trying to redesign our lives. Also, taking 100% responsibility for our lives and developing successful habits were key factors found in most success stories. He mentions how daily exercise is a great stepping stone to building other positive habits.His story and his journey provide us with some valuable and actionable lessons for our own Second Half Comebacks. Here are a few of the other takeaway lessons from this episode: We can choose “triggers” in our life that will help us make instant and lasting positive changes. He used the movie “Black Hawk Down” to trigger a desire to challenge himself and lead a life of service to others. After returning from Iraq, Akshay struggled with returning to the corporate world and dealing with the stresses of a complicated everyday life that was very different from the simplicity and life or death nature of his life in the Marines. He was eventually diagnosed with PTSD. He learned that he could find solace and peace in the outdoors as well as get some of the same feelings of simplicity, risk and living in the moment that he had while serving in the Marines. We discuss how many people would love to add meaning and challenge to their lives by embarking on some kind of meaningful, epic journey or mission. Akshay gives us some tips on how anyone can start towards their own epic mission. We discuss the four elements of the human experience: mind, body, heart and spirit. He believes that physical challenges are a great way to tap into all four of these elements and this can help us feel true fulfillment and accomplishment. He emphasizes that it’s persevering through pain and hardship that often brings true fulfillment, lessons and happiness. These lessons and clarity can be brought back to our everyday world and applied to business and life. We talk about how these epic missions can help us bust out of our comfort zones and inspire our Second Half Comeback. Books Mentioned in this Episode The 8th Habit: From Effectiveness to Greatness by Stephen Covey The Success Principles(TM) by Jack Canfield Call to Action   Please go check out Akshay's journey at   http://www.existing2living.com/

Dave answers some email from Slau, and talks about Women being from Venus and the Genius of John Gray. Actually, it's a good book. A big surprise Dave couldn't find something. John Gray has penned these classics: What Your Mother Couldn't Tell You and Your Father Didn't Know (Hardcover) How to Get What You Want and Want What You Have Men Are from Mars, Women Are from Venus: The Classic Guide to Understanding the Opposite Sex Mars and Venus Together Forever: A Practical Guide to Creating Lasting Intimacy Children Are from Heaven: Positive Parenting Skills for Raising Cooperative, Confident, and Compassionate Children Mars and Venus Starting Over: A Practical Guide for Finding Love Again After a Painful Breakup, Divorce, or the Loss of a Loved One Men, Women and Relationships: Making Peace with the Opposite Sex Mars and Venus on a Date TONY ROBBINS Awaken the Giant Within Giant Steps Steven Covey The 7 Habits of Highly Effective People The 8th Habit: From Effectiveness to Greatness Music from Superbeing off the Podsafe Music Network "Bright Idea"Buy the single Buy the Album   WATCH ED GRIMLEY ON YOUTUBE