“Startup your Journey” – Under this motto, the LMU Entrepreneurship Center Yesterday, more than 1,000 students, company representatives and investors gathered again in the venerable Great Hall.
The large number of visitors can certainly be explained by the fact that word has now spread that this Leading Entrepreneurs is not a tedious workshop or a monotonous lecture, but an exciting evening full of good ideas and interesting life paths.
In this sense, Andy Goldstein, Executive Director of LMU Entrepreneurship Centers, also kicked off the evening with an inspiring speech on the spirit of entrepreneurship. He also shared the 3 P's with all (potential) founders. These are three points that, in his opinion, are essential for any successful startup: Passion, Patience & Partnership.
“The time in the lab definitely helped us move forward”
Afterwards, the 15 startups from the winter batch will enter the first pitch round. They will each have three minutes to introduce themselves and their startup, outline their development during their time in the lab, and share what they need next. Usually: staff and capital! "Thanks" The LMU EC team is often asked a lot. Clearly, the teams have been able to gain a lot from the past six months. Vahid from FITRATE comments:
"Our time in the lab definitely helped us progress. Whether it was coaching from pros, live reports from established startups, discussions with other lab teams, or contacts with investors – most of the time, it only took a short walk through the halls. What was also really great was that the doors of the sensational lab team were always open for small and large problems. And in retrospect, an office on Giselastraße wasn't a bad idea either."
"If you don't like what you are doing. Stop doing it!"
In addition to the startups, two “old hands” for lots of entrepreneurial spirit in the large auditorium: Claude Ritter, Co-founder of Lieferheld/Delivery Hero and Book-A-Tiger, among others, shares his journey. He advises not to always focus solely on the successes of others. Because every path to success is also always connected with a path of suffering – which brings us back to Andy Goldstein's three Ps mentioned at the beginning. Ritter's most important tip for listeners: "If you don't like what you are doing. Stop doing it!"
Also on stage: The former LMU ECler Johannes Martens, who is co-founder of Aloqa and TankTaler also gives an exclusive insight into his own journey. His advice: Just do it and don't hesitate. If something goes wrong, you can always apologize later.
At the end of Leading Entrepreneurs, the startups of the new batch are brought onto the stage to present their business ideas in 30 seconds each. This sometimes works well, sometimes not. It's a good thing that any unanswered questions can be answered over a beer in the atrium, where the startups are available to answer questions after the official part.
Great expectations from the “newcomers”
And what do they hope “New” from participating in the LMU Lab? Julia Kupke from BonaVal tells us:
“I hope to gain valuable experience, exchange ideas with other interesting startups, and make contacts with potential investors!”
With these expectations, she seems to be in good hands at the LMU EC – as this interesting and entertaining evening has once again shown.