Torsten Daus

🔥 Get exclusive access to the Product Discovery Cheat Sheet 🔥 with 26 Product Discovery Methods that will enable you to "build the RIGHT THING" and not just "build the THING RIGHT" for your users. At konversionsKRAFT AG, we collected the most relevant methods that we have used in order to help our clients build and grow their digital products - you can use this board to evaluate your status quo and select the matching methods based on where you stand. To get access, follow these simple steps: 1️⃣ Connect with me and Anastasia Shvedova 2️⃣ Like this post ❤️  3️⃣ Comment on this post ("Brilliant, I want access!") 🚨 Disclaimer: this is the first version of the Product Discovery Cheat Sheet and we are looking forward to your questions and feedback while you are using it. Please feel free to approach us any time with your thoughts! #productdiscovery #discoverycheatsheet #productexperimentation #cromethods #testing #experimentation #growthmarketingsummit #growthmindedsuperheros #productmanagement

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Always asked myself, if I can be happy …always? As an entrepreneur you are in the natural habit of optimizing all aspects of a project so why don’t optimize your life? After many years of learning about what makes us happy, I think it is only a transient state. But maybe we can feel even better … when we are in Flow! Flow is the state of consciousness in which we forget space and time, are maximally happy, motivated and efficient. In this state, we feel our best and achieve the most. What do we need to achieve this flow? Why is it so important for founders and managers? I talk about this in the podcast with editor Elena Todeva Listen in and share your best flow moments. #flow #flowmoment #success #performance #motivation #alignment #leadership #newwork #startup #vc #entrepreneurship

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TECHmeetsFinance goes into the next round! We look forward meeting the TECHCommunity, again - this time in a pre-Wiesn Edition. Registration is now open, see below and see you there! #makethedifference

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Beirat für Startups #34 Ein Beirat kann grundsätzlich für Startups von großem Vorteil sein. Wie immer, ist es eine Entscheidung, in der es auf den Einzelfall ankommt. 🛣 Einige Gründe hierzu behandele ich wöchentlich in meiner Beitragsreihe : Zum letzten Post der Reihe: https://lnkd.in/dfQsdEuf The Benefits of a Biotech Advisory Board 🧪🔬 As a leader in the biotech industry, I'm excited to share the advantages of having a strong advisory board with expertise in biotechnology. 💡 Cutting-Edge Insights 🔍 An advisory board composed of seasoned biotech professionals can provide invaluable, up-to-date insights into the latest industry trends, technological advancements, and regulatory changes. Their deep knowledge and experience can help guide your strategic decision-making and ensure your company stays ahead of the curve. 🧠 Specialized Expertise 🔬 Biotech advisory board members bring a wealth of specialized expertise across various disciplines, such as drug development, clinical trials, regulatory affairs, and commercialization. Their diverse backgrounds can help you navigate the complex and ever-evolving biotech landscape more effectively, ultimately driving your company's success. 🧪 Networking and Connections 🤝 A well-connected biotech advisory board can open doors to new partnerships, collaborations, and funding opportunities. Their extensive industry networks can introduce you to key stakeholders, potential investors, and strategic partners, expanding your reach and unlocking new avenues for growth. 🌐 Credibility and Validation 👍 Having respected biotech experts on your advisory board can significantly boost your company's credibility and validation in the eyes of investors, regulatory bodies, and potential partners. This can be particularly valuable when seeking funding, navigating the regulatory landscape, or engaging with industry leaders. 🏆 Objective Guidance 🧭 An advisory board provides an outside perspective and objective guidance, which can be invaluable in navigating complex business decisions. Their impartial insights can help you identify blind spots, mitigate risks, and make more informed choices that align with your company's long-term goals. 🧠 By leveraging the expertise and experience of a biotech advisory board, you can unlock a competitive edge, drive innovation, and accelerate your company's growth in the dynamic biotech industry. 🚀 #advisoryboard #board #scaleup

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The venture capital industry is experiencing a comeback: Over 500 funding rounds of two million dollars or more were closed by European startups in the first quarter of 2024, according to Dealroom. This represents an increase from 24 percent (Q4, 2021) to 43 percent (Q1, 2024) in Series A funding rounds. The crucial question is, how do founders manage to quickly move from the seed phase to Series A in today’s highly competitive landscape? The essential tools for this can now be found in a new book, titled “Series A Blueprint: A Guide for Seed-Stage Founders“ written by my amazing colleagues from XAnge in collaboration with HV Capital, Carta Zendesk, Amazon Web Services (AWS), torq.partners and featuring tips from dozens of experienced founders. https://lnkd.in/dzx622hB

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Growth requires a talented workforce. Magdalena Oehl's post talks about the skills shortage in Germany and how necessary it is to tap into a global skills pool. The Atomico State of European Tech report talks about 3.5m tech talent in Europe, growing by 24% yoy. Demographic change in Europe is here - it is not a concept but a reality. Assuming no corrective actions take place, Europe will have 50 million people less in 2050 - that's the size of Spain. Where will the 24% growth come from? We certainly need more capital to grow the start up ecosystem and put us back in the front seat of innovation. But we also need to have a clear action plan on how to develop, attract and retain the talent that is needed for sustainable growth. Each of those talent building blocks needs its strategy, but with this challenge also comes a massive opportunity. I see some interesting business opportunities and would love to hear some comments on how we as businesses can address this while we are waiting for politicians to address the visa issue.

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T H E N I C H E D O M I N A T O R F R A M E W O R K 10 Schritte, um deine Software Development Agentur zu positionieren.

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Karriere- und Leadership-Tipps vom besten CEO der Welt Frank Slootman hat mit Data Domain, Service Now und Snowflake drei milliardenschwere Softwarefirmen hochskaliert und an die Börse gebracht. Er gilt als bester Software-CEO der Welt. Das sind die top Karrieretips aus seinem Buch AMP IT UP. "We all need to be careful what “elevator” we get into early in our careers. Some go up, some go down, some don't move. It's largely beyond our control, so choose wisely. We have seen staggering examples of this phenomenon in Silicon Valley. Anybody who spent the last 20 years at Google, Amazon, or Apple would have done spectacularly well, regardless of their individual merit. And anyone who stayed with companies like IBM and HP would have stagnated during that period." "We coped in ways I have used ever since: hire people ahead of their own curve. Hire more for aptitude than experience and give people the career opportunity of a lifetime. They will be motivated and driven, with a cannot‐fail attitude. The good ones would grab the opportunity to accelerate their careers with us." "I would sometimes say in all‐hands meetings that I was personally committed to help each of our employees reach a different station in life as a function of the company's fortunes. In exchange, I was asking for the best they had to offer. That was the deal: we do the best we can for each other. People sometimes gave me an incredulous look: a CEO who is saying that his goal is to elevate our fortunes? Seriously? Yes, and our companies proved it. Sometimes years after a staffer had moved on, I would still receive an email expressing their appreciation for how much our company had changed their life's trajectory." "Not everyone has this visceral sense of contest, especially at companies that shield their people from the real stakes at hand. When leaders fail to explain the industry landscape, employees don't feel the cold winds of competition. Their jobs and paychecks feel secure, but that's an illusion. Good leaders explain that none of us are ever truly safe in our roles for any length of time. If this fact makes people uncomfortable, that's good."

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Gründer: Zahl der Start-up-Insolvenzen steigt auf Rekordhoch https://buff.ly/3Y8hwa8 The number of start-up insolvencies has reached a record high, indicating a challenging environment for new businesses. Factors contributing to this trend could include economic instability, lack of funding, or insufficient market demand. It's crucial for entrepreneurs to carefully plan and manage their finances to navigate these risks successfully. According to recent reports, the rise in start-up insolvencies underscores the importance of resilience and adaptability in the business world. #startups #insolvencies

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VC-Markt im DACH-Raum: So sieht die "neue Normalität" aus https://buff.ly/45vkOpn The VC market in the DACH region reflects the changing landscape of the "new normal." Companies are focusing on online presence, e-commerce strategies, cloud technologies, and data analytics for decision-making. Cybersecurity investments have increased, and remote work setups are crucial for business continuity. Adaptability and resilience are shaping the current VC market in the DACH region. #VCtrends #DACHregion.

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Is it time to upgrade your finances? Check out our financial performance review! #cfo #cfoservice #fiancecheck

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One of my many passions is staying abreast on state-of-the-art thinking for organizational development. Often times, the best examples are not simply "on trend" but rather are embedded with what has proven to last / make an impact while adds a fresh element adapted to today's challenges. David Fiorucci's approach under the name of Octocracy is one such example. Where do you seek inspiration or sources for solid but fresh approaches to organizational development or leadership?

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Interesting (quantitative) study on the topic of hybrid work. In an A/B test, trip.com randomly divided 1600 employees into different working groups: one group working 5 days in the office, the other one working 3 days in the office with 2 days working from home. The company then held extensive performance reviews every 6 months and measured, among other things, employee productivity and satisfaction. The result after 2 years: No differences in productivity, ratings or promotions between the groups. BUT: Hybrid working led to more satisfaction and 35% fewer resignations (and in result among others significant cost savings in re-hiring), especially among women! Thanks Christopher (Seatti) for surfacing this Harvard Business Review article. #hybridwork

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𝗚𝗲𝗿𝗺𝗮𝗻𝘆 𝗽𝗿𝗲𝗳𝗲𝗿𝘀 𝗿𝗲𝗱 𝘁𝗮𝗽𝗲 𝗼𝘃𝗲𝗿 𝗶𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻. 𝗜𝘀𝗻'𝘁 𝗶𝘁 𝘁𝗶𝗺𝗲 𝘄𝗲 𝗿𝗲𝘁𝗵𝗶𝗻𝗸? 🌿 Germany’s start-up scene has made strides, but let’s face it - if we want to compete on a global scale, we need 𝘣𝘰𝘭𝘥, transformative change, and we need it now! As a serial founder, I’ve witnessed promising developments, especially in Berlin, Munich, and Cologne, where start-up ecosystems are taking shape. These hubs, with incubators, venture capital, and research centers, have undeniable potential. But when it comes to actually launching and scaling businesses, we’re still stuck in the past. Bureaucracy, outdated regulations, and a fear-driven mindset are holding us back. Starting a business here is a bureaucratic obstacle course. The process is slow, complex, and anything but founder-friendly. Why can’t we learn from countries like Estonia, where a streamlined, digital-first approach makes registering a company as easy as a few clicks? A one-stop, fully digital system would not only empower entrepreneurs but show the world that Germany is serious about supporting innovation. And then there’s our attitude toward failure. In Germany, failure is often stigmatized as a red mark on one’s record, a permanent setback rather than a learning experience. But in entrepreneurship, failure is part of the journey. If we want to foster a truly innovative culture, we must embrace failure, take risks, and learn from mistakes without fear of societal judgment. Innovation demands resilience and experimentation; we should celebrate, not penalize, these qualities. Germany’s tax incentives for early-stage investments are also overdue for an overhaul. Targeted incentives could attract far more venture capital, making Germany one of the world’s top destinations for ambitious founders. Just imagine the growth potential if investment in start-ups was not just encouraged but rewarded. And let's talk about collaboration: academia, corporates, and start-ups must work in tandem to truly drive groundbreaking innovation. Without this synergy, we risk staying in an echo chamber while other countries race ahead. Germany has the talent, the drive, and the potential to lead - what it lacks is a system that supports that drive. We can’t afford to move at a snail’s pace in a world that’s rapidly accelerating! What’s your perspective? If you’ve launched a business in Germany or anywhere else, how has the environment shaped your journey?

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In an evolving business landscape, identifying the right solutions for sustainable growth is crucial. This article highlights key challenges many organizations face, but the real question is: How do we effectively navigate these? Through a strategic partnership with an experienced board member or advisor, your company can gain insights that go beyond conventional approaches. Tailored guidance, rooted in deep industry knowledge, ensures that the transformation is not just about surviving but thriving. Ready to explore how this can work for your business? Let's connect for a free initial consultation and discuss the opportunities ahead. 🌟

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Nothing is more constant than change – cliché or truth? This sentence is heard very often in today's world, and I firmly believe that it should not just be an excuse for poor leadership and communication in times of change. That's why I talked to Matthias Haller from personalmagazin about the qualities that make a good leader in times of change. Because Rolls-Royce Power Systems AG is currently undergoing a transformation, as it always has been: we are constantly reviewing which areas are sustainable. We must always evolve with the market and, for example, current requirements for energy efficiency and sustainability – standing still would be disastrous. Rolls-Royce provides a convincing answer. In times of great transformation, as we are currently experiencing, leadership has its finest hour! ⭐  Employees need to understand the goal of our transformation in order to give their best and to feel psycological safe. Here, leaders need to listen, need to understand the questions and of course - also the concerns of their teams. It is important to provide security. Leadership must empower and not patronise. #performance and #humanity is not a contradiction. Many thanks to Personalmagazin for the opportunity to talk about these important topics! https://lnkd.in/e5UfU5Wk #CorporateCulture #Leadership #Transformation Generation CEO e.V.Amy Derbyshire Maria Kokkinou Alex Quinn Laura Evans Helen McCabe Christine Kirtscher Isabel Hartung Jumana Al-Sibai Alexandra Mebus Andrea Wasmuth Susan-Stefanie Breitkopf Clara Sattler de Sousa e Brito Eva Christiansen Cathryn Clüver Ashbrook Sirka Laudon Katrin Lehmann Edith Wolf Sarah Armstrong Nicola Grady-Smith Christina Sontheim-Leven Uta Anders Kathrin A.Prof. Dr. Edda FeiselSandra Schütte Tanja Faller Inga Dransfeld-Haase Michelle Liu Ariane Reinhart Kerstin WagnerDr. Jeannette von Ratibor Heike Freund Kathrin GüntherBeate Rosenthal

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🌍 Excited to connect with fellow innovators and explore scalable business models. See you there! InnovaticGroup. Create the Future Now innovaticgroup.com #BornGlobalAcademy #GlobalExpansion #Innovation #Technology #Entrepreneurship #Investment #Networking #InnovaticGroup #BusinessGrowth #SustainableInnovation #BusinessAngels #VentureCapital #LPs #GPs #Innovation #DigitalRransformation #Digitalization #Startup #Scaleup

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🎙️Podcast alert: Had a great catch-up with Kai on 🤝𝑪𝒍𝒐𝒔𝒆 𝒕𝒉𝒆 𝑫𝒆𝒂𝒍🤝 this week (🇩🇪) After our first session last year, we again talked about the latest developments in the SaaS and M&A market. Topics we've covered: ➡️ Our approach with saas.group, ➡️ Where we stand and what our goals are, ➡️ Current SaaS and M&A market trends, ➡️ How to properly value a SaaS business, ➡️ Role of AI in SaaS and M&A, ➡️ And more... You can check it out on all relevant podcast platforms. Links to Spotify and Apple below: 🟢 Spotify: https://lnkd.in/gn8RaVpD 🟣 Apple Podcasts: https://lnkd.in/g3kBWSBW Enjoy listening! 🙌 @ Kai, Anja + team: Thanks again for having me. Happy to speak again next year and see how good or bad my predictions were.

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