HOT SEAT - STEFAN WENDEL:
- BoX Ambassador - VC: Mairdumont Venture
What are three words to describe yourself?
Do don't talk.
What was your very first business or creative idea? Did that make any money?
Device that meassures your daily activity and converts that into electricity so that you get a better understanding how much energy is needed to power things. The idea was to get people to be more energy conscious. Probably would be the first wearable. At the end we decided nobody will use it as the value-add besides the insight is too small. derfond
What was your biggest challenge when you started your first business?
Never actually started alone but being part of the team one definite challenge was to set the right focus and stay focused with all the great ideas floating in once head.
Which three people, famous or not famous, dead or alive, would you most like to invite to a dinner party? Why?
1. Larry Page: I want to know about all the crazy stuff they already know about every person. 2. Elon Musk: Getting a lesson on how to think big. 3. Richard Branson: Just a crazy guy with probably endless cool stories.
How do you define success?
In the end it probably comes down to happiness.
What makes a founder successful?
Many things but definitely the will to push through no-matter-what and an absolute conviction of doing the right thing.
What do you do in order to keep on learning and developing?
Listening to other people and keep asking questions.
Which resources are you recommending to first time entrepreneurs?
What advice would you give to your younger self?
Keep it simple.
What's something you don't want to regret when you're older?
Not having traveled enough.
Is there something you know you should stop doing?
Writing so many mails and doing more direct calls.
What's your favourite book?
Around the World in 80 Trades, Connor Woodman
What character traits of other entrepreneurs have impressed you?
An attitude of not giving up.
What's something that first time founders should avoid at all costs?
Betting that investors will safe you once things become dice.
Why are you getting involved with Best of X?
Getting in touch with great entrepreneurs.