Munich Startup: What motivated you to start the company?
Lea Frank: As for the founding itself, my internships in corporations confirmed my desire to start my own company. Anybill The reason I co-founded it was because I was bothered by personally printed receipts in my wallet.
Munich Startup: What would you have liked to have known before starting your first business?
Lea Frank: Starting a business is a rollercoaster ride. Perseverance, persistence, and staying true to yourself are key.
Munich Startup: How has your company been financed so far?
Lea Frank: In January 2020 we gained our first strategic partner and in October 2021 our Seed financing round successfully collected. We also generate ongoing income from already activated retailers.
Munich Startup: When and where do you get the best ideas?
Lea Frank: On my morning run.
Munich Startup: What are your 3 favorite work tools?
Lea Frank: Asana, Teams and AirPods.
Munich Startup: Your top tip on pitching?
Lea Frank: First, consider: What is my goal? And then work toward that goal when pitching. You should also research your target audience beforehand and ask questions to address them specifically.
Munich Startup: Does this seem like a good time to start a business? Why?
Lea Frank: Because I'm convinced there's never a perfect time, and you're never really ready. It's important that the idea stays in your mind and that there's a market for your startup idea.
Munich Startup: Which technology or industry would you focus on for your next startup?
Lea Frank: Fintech, generally SaaS or something completely different with interior design.
Munich Startup: In your opinion, what could be improved at the Munich startup location?
Lea Frank: Networking among startups and more visible positioning of the startup location nationwide!
Munich Startup: Which founder would you like to meet in person? And what would you ask them?
Lea Frank: Valentin Stalf, Whitney Wolfe Herd, Tobias Lütke – How does one's own role change on the journey? From founding a company to becoming a grown-up company, and what advice would they give to every founder just starting out?
