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5 game changers for more success

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Making companies successful

The diesel is dead! Long live the e-car?

The euphoria deserves a closer look - and those who are open to facts may view the topic skeptically.‍

Elon Musk, founder of the innovative e-car manufacturer Tesla Inc., has undoubtedly turned the automotive industry and its market on its head. For too long, the top dogs of the automotive industry have been sleeping through future-proof, sustainable drive technologies. The debate about drive types, triggered by the fraudulent diesel scandal involving certain manufacturers, is unfortunately lacking in facts. The debate is rather emotional and interest-driven - and also under time pressure due to the problematic air quality in many cities. The decision by the German Federal Administrative Court that diesel driving bans are permissible in cities is causing further frenzy. A ruling that is unlikely to affect Germany alone.

The first hybrid is from 1912

Semper Vivus

The disadvantages of the e-car

Well, the electric drive itself is not the problem. The big question is where does the traction current come from? Because even the still very expensive hydrogen fuel cell ultimately generates electrical energy. At first, it sounds rather tempting that there is currently no more efficient drive system than the electric one: To have one mechanical kilowatt hour in the vehicle, "only" 1.4 kilowatt hours are required from a photovoltaic power plant, for example. A loss of just 30 percent from the source of the electricity to the wheel is considered extremely low by comparison.

The problems lurk elsewhere:

  • In general, an e-car boom would make electricity much more expensive because demand would increase.
  • We will continue to need non-renewable, i.e. "dirty" energy sources to generate electricity for many years or even decades to come. So with the battery-based electric car, we are largely just shifting the exhaust gases from the exhaust pipe to the chimney of fossil fuel power plants. The public just doesn't see it. Only the pollution at knee height (exhaust) in cities, for example, is decreasing, and the chimneys in the power plant have better filters than a car.
  • Basically, the rechargeable batteries for electric cars are made up of the commercially available rechargeable batteries (known as battery cells) that we also use in the home - only bundled together en masse to form a large battery. They can quickly weigh up to 750 kilograms.

Incidentally, I also owe it to my esteemed friend Dr. Ulrich Bez, one of the most outstanding and experienced international car bosses, that I have learned so much about this topic. I would also like to thank my Austrian friend Prof. Dr.-Ing. Manfred Weissenbacher, a professional in the field of energy and batteries in particular, from the Institute for Sustainable Energy at the University of Malta, for his support with the fact check for this article.

Dieser Artikel wurde in der Times of Malta (ToM), der Südtiroler Wirtschaftszeitung (SWZ), sowie im founders Magazin veröffentlicht. Der Link zum Artikel in der "ToM" bzw. "SWZ", die PDF/Printausgabe ist jeweils hier (ToM), hier (SWZ) und hier (founders) zu finden.

5 Gamechanger für mehr Erfolg, weniger Scheitern

Ohne Unternehmertum mit ihren mutigen Unternehmerinnen und Unternehmern gibt es keine Unternehmen, keine Arbeitsplätze, keinen Wohlstand und kaum Innovationen. Ein politisches System ohne Unternehmen wäre nicht wettbewerbsfähig und wohl kaum eine stabile Demokratie.

Ein erfolgreicher Gründer, Unternehmer zu sein, macht großen Spaß. Doch wer scheitert, erlebt fatale, oft traumatische Konsequenzen. Und das ist nicht in Ordnung, wo wir doch dringend mehr unternehmerisches Engagement benötigen. Zugleich liegt die Krux schon in den Entrepreneurship-Ausbildungen, in denen es oft um vieles geht, nur nicht um robustes Unternehmertum.

Daumen hoch oder runter?

Ist das Scheitern als Gründer:in eine Ausnahmeerscheinung? Nein, Erfolg ist die Ausnahme, das Scheitern längst die Norm! Dabei erleben wir eine enorme materielle und immaterielle Ressourcenverschwendung, woraus wieder Risikoaversion resultiert. So leidet das unternehmerische Potenzial ebenso wie die Karrieren der Akteure sowie die Zukunft so mancher Familie.

Es ist erschreckend, zu sehen, wie hoch die Quote an Fehlschlägen ist. Bereits nach fünf Jahren existieren laut Eurostat in der EU nur noch 46 Prozent, in Deutschland sogar nur 38 Prozent aller Neugründungen. Nur zwischen 10 und 20 Prozent überleben 10 Jahre. Dieses Spielfeld von Gründer:innen, aber auch Investoren, erinnert fatal an den übermütigen Ikarus, der zu hoch hinaus wollte, zu nah an die Sonne flog und abstürzte.

Die 5 Gamechanger

Was läuft falsch, wäre aber unschwer zu ändern? Hier fünf der wichtigsten Gamechanger:

Erstens: Was vor allem jungen Gründer:innen naturgemäß fehlt, ist die Erfahrung. Das kompensieren Gründerzentren selten. So wurden Entrepreneurship-Ausbildungen ein gutes Geschäft. Nur ist der Großteil davon nichts anderes als Trockenschwimmen im Hörsaal, ohne die unerlässliche Praxis. Selbst die meisten Dozenten sind Unternehmenstheoretiker, haben weder jemals ein Unternehmen erfolgreich gegründet und geführt noch langjährig in einem gearbeitet. Ein solch erworbenes Abschluss-Zertifikat, ob als Master- oder Entrepreneurship-Dekret, bietet lediglich trügerische Sicherheit.

Zweitens: Viele Founder lassen sich von der Verlockung des vermeintlich schnellen Geldes verführen, werden zum OPM-Unternehmer („Other People‘s Money“). Leichtfertig, mit hochtrabenden Business-Plänen, mangelnder, tiefgehender Vorbereitung, begeben sie sich in die verfängliche Arena von OPM, von Investoren, ohne sich über alle Konsequenzen bewusst zu sein und werden letztlich zwischen zwei Fronten aufgerieben: dem Markt und deren Financiers. Dass Unternehmertum ethisch motiviert sein kann und Unternehmer:innen wahre Werte vertreten, nachhaltigen Nutzen stiften sollten, spielt selten die tragende Rolle.

Drittens: Der Kern des unternehmerischen Vorhabens ist oft keine gut durchdachte, geprüfte Innovation, sondern eine Pseudoinnovation. Eine, die möglicherweise längst andere umgesetzt haben oder eine, die zunächst als bombastische Lösung erscheint, letztlich aber Ursache noch viel größerer Probleme ist. Studien zeigen, dass in Bezug auf die für unternehmerischen Erfolg unerlässliche Steigerung des Kundennutzens rund 70 Prozent der Innovationen enttäuschen. Bei digitalen Innovationen, häufig der Dreh- und Angelpunkt gerade von Start-ups, ist die Quote sogar noch schlechter.

Viertens: der Faktor Zeit. Ein schwerer Fehler von Neugründungen ist es, sehr früh zu expandieren, zu skalieren, noch bevor ein solider Unterbau durch konkrete Erfolge geschaffen ist. Doch hier gilt: „Speed kills.“ Geschwindigkeit ist keine Garantie für den Erfolg, sondern birgt ein enormes Risiko. Meist wäre ein wertebasiertes unternehmerisches Handeln im Sinne organischer Nachhaltigkeit mit langem Atem Erfolg versprechender.

Fünftens: toxische Mentoren. Mentoren können sehr hilfreich sein, wenn es die richtigen sind. Vielfach sind Mentoren jedoch dafür nicht ausgebildet. Sie wollen zwar helfen, sind aber zu dominant oder verfolgen Eigeninteressen. Der weise, erfahrene Mentor lehrt durch Fragen und Hinterfragung die Jungunternehmer:innen, die richtige Entscheidung selbst zu finden und somit schrittweise durch derart geschaffenes Denkvermögen und Selbstvertrauen erfolgreich flügge zu werden und es zu bleiben.

This article was published in the Times of Malta (ToM), the Südtiroler Wirtschaftszeitung (SWZ) and in founders magazine. The link to the article in "ToM" and "SWZ", the PDF/print edition can be found here (ToM), here (SWZ) and here (founders).

Start-ups: five game changers for more success and less failure

Without entrepreneurship with its courageous entrepreneurs, there would be no companies, jobs, prosperity and hardly any innovations. A political system without businesses would not be competitive and would scarcely be a stable democracy.

Being a successful founder, an entrepreneur, is a great joy; but those who fail, experience fatal, often traumatic consequences. And that is not okay when we urgently need more entrepreneurial commitment. At the same time, the crux already lies in entrepreneurship education, which is typically about many things, but rarely about robust entrepreneurship.

Thumbs up or thumbs down?

Is failure as a founder an exceptional phenomenon? No, success is the exception; failure has long been the norm! We experience an enormous waste of material and immaterial resources, resulting in risk aversion. The entrepreneurial potential suffers, as do the careers of the actors and the future of many a family.

It is frightening to see how high the failure rate is. According to Eurostat, only 46 per cent of all start-ups in the EU still exist after five years, and in Germany, only 38 per cent. Only between 10 and 20 per cent survive 10 years. This playing field of founders, but also investors, is fatally reminiscent of the cocky Icarus, who wanted to fly too high, flew too close to the sun and crashed.

The five game changers

What is going wrong but would be easy to change? Here are five of the most crucial game changers.

Firstly, what young founders in particular naturally lack, is experience. Business incubators rarely compensate for this. So, entrepreneurship training has become a good business. But most of it is nothing more than dry swimming in the lecture hall without the indispensable practice. Even most lecturers are business theorists who have never successfully founded and managed a company or worked in one for many years. Such a degree certificate, whether as a master’s or entrepreneurship decree, offers only deceptive security.

Secondly, many founders are seduced by the lure of supposedly quick money and become OPM (‘other people’s money’) entrepreneurs. Recklessly, with lofty business plans and a lack of in-depth preparation, they enter the treacherous arena of OPM, of investors, without being aware of all the consequences. They end up being caught between two fronts: the market and their financiers. The fact that entrepreneurship can be ethically motivated and that entrepreneurs should represent true values and create sustainable benefits rarely plays a supporting role.

Thirdly, the core of the entrepreneurial project is often not a well-thought-out, tested innovation, but a pseudo-innovation. It’s either one that others may have implemented long ago, or one that initially appears to be a bombastic solution but is ultimately the cause of much bigger problems. Studies show that in terms of increasing customer value, which is essential for entrepreneurial success, around 70 per cent of innovations disappoint. In the case of digital innovations, which are regularly the linchpin of start-ups in particular, the rate is even worse.

Fourthly, the time factor. A grave mistake start-ups make is to expand and scale very early, even before a solid foundation has been created through concrete successes. But here, “speed kills”. Speed is no guarantee of success but carries enormous risk. In most cases, value-based entrepreneurial action in the sense of organic sustainability with staying power would be more promising.

Fifth, toxic mentors. Mentors can be beneficial if they are the right ones. In numerous instances, however, mentors are not trained for this. They want to help but are too dominant or pursue their own interests. The wise, experienced mentor teaches young entrepreneurs to find the appropriate decision themselves, by asking questions and with closer examination, and thus supports them to become, and remain, successful every step of the way through the thinking skills and self-confidence created in this way.

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