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If you suck at sales then financing is not your problem. There are plenty of successful companies in Germany.
by maxxxxx 8y ago
If you suck at sales then financing is not your problem. There are plenty of successful companies in Germany.
- hef19898 8y agoWell, let's put that way. If I would have gotten some positive signs regarding financing I would have looked for some one for the sales part. I know, kind of backwarsa thinking. So being employed in the end turned out to be not such bad idea. At least I can say I tried, so no regrets from my side.
- maxxxxx 8y agoI am in the same position. I have tried entrepreneurship a few times but in the end it came down to me not being good at sales. I think hiring someone for sales doesn't work. Either do it yourself or partner with someone who can sell.
- hef19898 8y agoPartnering woupd have been the preferred way solution. Throwing your whole professional future in the ring requires a real level of trust, I just didn't trust the potential candidate enough... It feels good to be not alone in that situation, so!
- jotm 8y agoI know two successful business owners in Germany and one in Belgium and they all got their much needed initial capital from savings, family and people they knew. Millionaire Turkish real estate investor, doctors, other small business owners - not VCs, not loans, not credit. That seems really hard to come by in Europe (especially if you don't have prestigious education or extensive work experience), small exception for the UK. People don't really go into business if the idea has not been tested by someone else, and that's a shame, and one of the reasons why the US is so far ahead.