Entries by Axel Schultze

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WIForum on Asia Roadshow

The two founders of the World innovations Forum, Axel and Marita will be visiting ambassadors in 8 countries in Asia, co-organize local “Entrepreneurs Night Events” and explore key challenges and opportunities to increase success rates of entrepreneurs and corporate intrapreneurs. There is an enormous engagement to increase the level of innovation all over the world. […]

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Buzz for startup members

Too less traction, no marketing budget, slow growth… the biggest challenges for every entrepreneur. Now, all together we can change that. And here is how we are going to do that. AS AN ENTREPRENEUR As founder of an innovative business you cannot get enough traction. Even for well connected people it remains to be a […]

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Society3 & World Innovations Forum Merging

1) Society3 & World Innovations Forum Merging Leveraging existing ecosystem and technology platform The World Innovations Forum is merging with Society3 and brings a global innovation and entrepreneurship event to Society3’s engagement in this space. The existing Society3 Eco-System of approximately 6,000 entrepreneurs and investors will become the immediate base also for the Forum. The […]

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MVP, Minimum Viable Product

There is a concept called MVP – Minimum Viable Product. Even though the name kind of says it all, the concept “MINIMUM” – “VIABLE” – “PRODUCT” indicates that there are as few features as possible, it must kind of work and it is a product – most entrepreneurs interpret MVP as the early iteration of […]

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Why so many startups fail

I’ve worked with over 100 startups in the past years and ran 5 businesses myself. My experience – in this order:  No. 1) Weak execution Most failing startups could just not execute in a timely manner and/or showed a huge lack of judgment. They worked too hard on product features, too little with the market. […]

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A day of a startup ceo

You have only 24 hours a day minus 10 to sleep, eat and recharge makes it 14 hours. I assume you are tackling a large market and want to conquer the world. I also assume you want to have about 30% market share of whatever billion dollar market with roughly 20 Million potential customers. This […]

Best founders are co-founders

The single best resource you as a founder can – and really really should – look for, is a co-founder. 1) Solopreneurs have the least success rates of all founders 2) A stellar business focused generalist will always be at best a mediocre product creator 3) The most talented developer is probably the least likely CEO […]