The art of startups
As founder of IDnow, Investor and Business Angel and as organizer of Germany's largest founder conference Bits & Pretzels, Felix Haas is the perfect interviewee for our author Stefan Ruzas. The two men spoke about business start-ups for the Autumn/Winter 2019 issue of LfA magazine, photographed by Hannes Rohrer.
And how do you protect yourself from idea theft?
Through implementation. Someone invented the car, yet there are dozens of car manufacturers. The exception is perhaps secret patents in the high-tech sector or in biotechnology. But 99 percent of startups do not have any magical inventions. It's all about making.
"Start-ups are turbo-charged experience cannons."
What qualities do you need to be able to survive as an independent entrepreneur?
Persistence. Because exciting things are always hard. It's always the ones where everyone tells you that they don't work. Things that make you want to give up. As a founder, I am in the management of the Munich-based identity verification platform IDnow. It took us two years to get approval from the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin). The same happened to us as organisers of the Bits & Pretzels founders' conference. For two years we tried to engage Barack Obama as a speaker. At the end of June we got his confirmation. You also need conviction and enthusiasm. How else do you persuade your first employees to sign contracts for a third of the salary they would get at Siemens or Google? A certain naivety, coupled with pure curiosity, doesn't hurt either.
Read the full interview with Felix Haas in LfA Magazine Fall/Winter 2019.
Since 2016, Storyboard has produced the customer magazine of LfA Förderbank Bayern. Published twice a year, the magazine carries LfA news and funding opportunities. A variety of narrative perspectives as well as large-format infographics and service elements bring to life complex content on the topic of business development. The Autumn/Winter 2019 issue focuses on business start-ups and meets a selection of LfA-funded entrepreneurs. In an interview, Felix Haas, organiser of the Bits & Pretzels conference, urges a new entrepreneurial spirit in Germany.