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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: December, 2018
Dec 19, 2018

My guest in this episode is Moritz Waldstein-Wartenberg of Mitte from Berlin, Germany.

We all drink water, mostly, I guess. I drink it in my tea, usually Fennel Anis Cumin bio tea, I drink it many times per day. Or I consume water in its pure form. But is water really pure? If it’s not pure, for example tap water, which we drink many times in Europe, how do you make sure you have a high quality water at home without going to the supermarket, paying for it and without taking, then throwing out the plastic bottles? And if you get it in the supermarket, is that good enough water for us?

Mitte addresses these points mentioned. With Moritz we talked about different technologies to purify water, how Mitte started out, the milestones they reached and how they got to the current investment round of 10 million. We also covered some of the strategies and tactics they used. We also touched on agile transformation, a topic covered in the last episode.

Enjoy this episode.

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

Show highlights can be seen below:

  • What Mitte adds to their product that makes it unique and how they go beyond the standard for every user [2:40]
  • Some very important actions to consider on your way to a successful crowdfunding campaign [8:55]
  • Designing contracts when working with bigger companies as partners and other helpful skills in the initial start-up stage [14:56]
  • A nature-like technology that’s a good offer for both people and the planet [19:28]
  • The difference between working in silos and work streams [23:18]
  • If you could go back in time in your 20s, what notes would you give yourself? [27:00]
  • If you had to name a book, which one had the biggest impact on your entrepreneurial career? [28:00]
  • Why morning routines are important for Moritz [30:33]
  • Why diversity brings strength to companies and what it requires [31:28]
  • What is the best way to reach Moritz? [33:51]
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