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The Hardware Entrepreneur

“Software eats the world”, as one famous investor once said it. However, our Earth runs on resources and is based on atoms rather than bits. Our true progress therefore depends mainly on our producing, selling innovative physical products, that is hardware. Hardware is...different. Challenges abound in designing, manufacturing, getting funding, hiring, innovating, delivering to the customers. Resources are scattered around and only a few exist. Where do you get real, practical knowledge? This podcast is the first one for hardware entrepreneurs, where hardware entrepreneurs are interviewed from around the world, exceptional persons who founded startups or small and medium-sized enterprises. This show is for you with a desire to found and run a company in a global environment. Learn first-hand from hardware entrepreneurs who have already gone through the ups and downs of the business. During each episode the INDIVIDUAL stories are uncovered, following up with an ULTRAFAST round of questions at the end. Bringing you these stories is entrepreneur and cosmopolitan, Balint Horvath, based in Switzerland, the land of green pastures and fresh ideas.
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Now displaying: April, 2017
Apr 26, 2017

My guest was Jacob Rothman, co-founder of Platform88, which offers services from China.

Jacob has over fifteen years of experience working in China. He has founded several companies including Smart Products, Velong Enterprises, and his latest venture, Platform88. With Platform88 his goal is to help hardware entrepreneurs with their manufacturing, retail needs.

This is a first episode where a company which is based in China is featured. Since the world’s manufacturing base, especially for hardware, consumer products is in China, I find his topic extremely relevant for this podcast. We’ll discuss such topics as how much retail and manufacturing has changed in the world and in particular in China in recent years; how Jacob arrived to China and how he got to start his recent company. You’ll learn what differentiates them from accelerators, what products they specialize in, what kind of innovations they like very much. We also discussed what market trends he can see that can be significant opportunities for startups. We brought up also an example of a hardware startup called Stojo which they worked with.

Learn more about this episode via the highlights as seen below.

Raw transcript is available at: https://www.thehardwareentrepreneur.com

  • A different China – [3:03]
  • What’s going on in the world’s manufacturing base? – [4:20]
  • Jacob’s journey to Platform88 - [5:35]
  • Changes in the retail sector that created opportunities for factories - [7:25]
  • What do your factories do? - [9:14]
  • What services does Platform88 offer? - [10:23]
  • The key differentiators of Platform88 - [12:22]
  • At what stage of development startups should reach out to Platform88? - [15:05]
  • “If you're going to scale, eventually you're going to get to China” – [17:35]
  • The benefit of working with somebody who is in your vertical - [18:52]
  • Why does Jacob prefer to focus on more traditional products rather than technological marvels? – [21:00]
  • What are some development and market trends that would allow new entrepreneurs to thrive, according to Jacob - [24:30]
  • How does Platform88 deal with the cash flow issue of startups? - [26:41]
  • If you could go back in time to the time when you were younger, what would you tell yourself? – [28:00]
  • Which book had the biggest impact on his career? – [28:45]
  • Jacob’s work related habits – [30:40]
  • Some cultural differences that Jacob had to overcome in his work – [31:51]
  • What is the best way to reach Jacob? – [33:48]
Apr 19, 2017

I’ve interviewed Joshua Spodek, a professor at NYU and an entrepreneur. This has been an eye-opener interview for me on leadership, how to master it and also on his teaching methods, his entrepreneurial journey.

Joshua is a best-selling author of the book called “Leadership Step by Step”, which has recently come out. In this interview we talked about his leadership principles which he describes also in his book. He’s a professor and a coach, teaching about leadership and entrepreneurship. In addition he writes regularly for Inc magazine, holds five Ivy-League degrees, including a PhD in Astrophysics and an MBA, both from Columbia University. Following his academic career he co-founded a company called Submedia, commercializing his hardware invention for in-tunnel motion-pictures. We talked also about this and what problems they ran into. Beyond his professional achievements, he completed six marathons, swam across the Hudson River, did over 90,000 burpees, wrote over 2500 blog posts, took over 250 cold showers. This means you’ll also get to hear about some of his habits.

Enjoy this episode, which I did very much.

One more thing: if you want to have access to a material that Joshua made available for you as my podcast listener click here.  

Raw transcript is available at: https://www.thehardwareentrepreneur.com

Show highlights can be seen below:

  • How does Joshua warp time? - [3:03]
  • What's the common thing between Joshua, Balint and Nobel Prize winners - [4:32]
  • The motivation of a physics researcher to become an entrepreneur - [6:55]
  • What if it were straight instead of round – the story of a zoetrope - [8:45]
  • The timeline of starting their company - [10:35]
  • What he would have done differently when prototyping - [13:55]
  • "Don't forget to do some experiment" - [16:55]
  • How did Joshua move from the business world of entrepreneurship into teaching leadership and teaching entrepreneurship - [18:00]
  • The other side of business [life] - [22:25]
  • How is project-based learning the future of education? - [ 25:10]
  • What it is about actors, musicians and sports people that inspired Joshua to write a book on leadership? - [26:55]
  • What is method learning? - [29:55]
  • An example of a project-based learning by a 10th grader - [33:30]
  • Some of the reactions to Joshua's way of teaching - [37:20]
  • How does Joshua think we can incorporate innovative teaching methods in the current educational system? - [40:10]
  • If you could time travel and go back in time to your early 20s, what would you do differently or what information would you give yourself? - [44:30]
  • Books which had the biggest impact on Joshua's career and entrepreneurial thinking - [45:25]
  • The habit of not messing around with your habits - SIDCHA - [46:17]
  • You believing it's hard is one of the main things that's making it hard - [49:40]
  • Some striking cultural differences in Joshua's work that he had to overcome - [51:30]
  • "What do we have that's all over the place that I'm not noticing?" - [53:40]
  • What is the best way to reach Joshua? - [55:46]

 

Apr 12, 2017

I had a duo-feature interview with Kickstart Accelerator from Switzerland, Patricia Schlenter, responsible for Program Lead and David Emmert, head of one of the verticals of the program.

In a previous episode, we had Brinc on the show, an IoT accelerator. This time we feature another accelerator, which has a wider range of disciplines they’re handling, but still, also hardware topic comes up in their portfolio of companies.

Now a little bit about my guests. As for Patricia, she received her Bachelor’s from Bocconi University, Milan, Italy and her Master’s in Energy, Trade of Finance from Cass Business School, London, UK. She subsequently worked in the shipping industry in London, then started her own fashion accessory company. Shortly afterwards she became a co-founder for a Venture Capitalist’s startup in Berlin, Germany.

David on the other hand has a background in biology and economics and likes to create and work with people with lots of energy. When he is not busy with Kickstart, he's working on his own startup "Imagine Cargo" in the area of sustainable logistics.

In this episode we’ll discuss what they do, all the verticals they have, what their differentiating factors are from other accelerators, the corporate partners they partner with, the steps a startup would go through when working them. They explain their business model, what disruption means for David and many more.

Please have a look at the detailed highlights below and enjoy listening. Raw transcript is available at: https://www.thehardwareentrepreneur.com

  • An overview of one of Europe’s largest multi-corporate accelerators – [3:24]
  • What does a Vertical Lead and a Program Lead do in Kickstart Accelerator? – [5:03]
  • How David defines disruption – [6:00]
  • The selection process of Kickstart Accelerator – [7:20]
  • David walks us through their programusing an example from food vertical – [8:40]
  • The unique features of Kickstart Accelerator – [10:08]
  • The accelerator’s business model and why David thinks it’s sustainable in the long run– [11:08]
  • Switzerland’s drive to catch up with startup innovation – [12:30]
  • What are the sources of inspiration of Patricia and David? - [13:48]
  • If you could time travel and go back in time to your early 20s, what information would you give yourself? – [15:40]
  • Books which had the biggest impact on their career and entrepreneurial thinking – [16:25]
  • Morning routines and creative chaos – [17:00]
  • Some striking cultural differences in their work that they had to overcome– [18:00]
  • What is the best way to reach Patricia and David? – [19:28]
Apr 5, 2017

I had as guest Benjamin Ertl, Director of Business Development at Retailbound. He works in retail, helping entrepreneurs on how to get their product to customers in a lean and agile way.

He gives you an intro to retail field, and to his company. Due to their uniqueness in essence they enable companies to operate lean and agile especially during the risky phase when a business model has not been validated yet, so taking on more staff would be a risky move. Since when working with them one doesn’t have to take on more personnel, this means one can operate leaner, and agile as they’re flexible based on the needs.

Benjamin finds himself lucky that he was mentored and educated for the last two and a half years on the complexities of retail personally by his company’s President - Yohan Jacob.  Swimming competitively in college for four years and having an older brother has made him very competitive - which translates well for retail.

Raw transcript is available at: https://www.thehardwareentrepreneur.com

Please have a look at the highlights below and enjoy listening.

  • How retail works for hardware products – [2:43]
  • What’s the main value-add of Retailbound? – [4:07]
  • A retail team to help you become retail ready – [5:12]
  • How did Benjamin end up in [retail]bound? - [8:27]
  • Their services offered and their business model - [10:58]
  • What is retail coaching? - [14:10]
  • The future of retail from startups’ perspective - [14:46]
  • If you should limit distribution - [16:30]
  • If you could go back in time, what notes would you give yourself? – [18:57]
  • Which book had the biggest impact on Benjamin’s career? – [19:50]
  • Segmenting, planning and doing sports – [21:06]
  • When in Rome do as the Romans do – [22:40]
  • What is the best way to reach Benjamin? – [24:30]
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