Profitability and adaptation: success strategies for founders in challenging times, Bastian Krautwald, OWWN & deineStudienfinanzierung.

In this podcast, Bastian Krautwald talks about the impact of the current market situation on founders and their startups. He explains how he has adapted his internal goals to the new reality. We talk about how Basti has adapted his teams and business models to succeed in the current environment. Bastian Krautwald also talks about how he communicated his decisions with his stakeholders and the importance of transparency in doing so. ALL ABOUT UNICORN BAKERY: https://zez.am/unicornbakery What you'll learn: The importance of cash and profitability for founders in the current marketplace Strategies for adapting teams and business models in challenging times Why having a profitable B2C business model from the start is critical The importance of stakeholder communication and transparency Why self-reflection and honesty are key factors for success (0:03:44) De-investment and focus on revenue generation (0:05:20) Adjusting goals in changing market environment (0:12:02) Collaboration and quick decisions in times of crisis (0:14:12) Difficulty for founders to release emotional attachment to product (0:15:02) Flexibility and adaptability in times of crisis (0:17:35) Self-reflection as a founder: honesty as the key to success Bastian Krautwald LinkedIn: https://www.linkedin.com/in/bastian-krautwald/ OWWN: https://www.owwn.com/ WHATSAPP NEWSLETTER: 1-2x a week get a personalized voice note or content from me that will make you a better founder, sign up now with one click: https://bit.ly/ub-whatsapp-newsletter