Mutual friend of Tobias Günther (see episode 24), longtime entrepreneur and founder of Partners in Clime, Yannick Frank joins Jim Barnish from Germany to discuss strategy, financing, and sustainability. They talk about bootstrapping versus venture capital for financing, how the startup culture in Germany has evolved over the last decade, and hear why Yannick’s daughter was the catalyst for his newfound passion in sustainability.

3 Key Takeaways

• Bootstrapping vs. institutional funding: both have pros and cons. Know what you’re getting into when you bring on outside funding.
• Your strategy needs to be clear and concise. It doesn’t matter if it makes sense in your head–if your team has a hard time following, consider how you can simplify it and articulate it.
• Environmental impact and sustainability are increasingly important. Even though sustainability-first companies’ core value may not be profit, without monthly revenue growth, your business is done.

Resources

Email: yannick@partners-in-clime.com

Yannick's LinkedIn

The Lean Startup by Eric Ries

Partners in Clime website 

About 

Founder of Partners in Clime, Yannick Frank has been building startups since he was 20 years old, either as a co-founder, mentor or investor. Some of them were successful, many of them failed. All rich in experience!

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