“For banks the pandemic meant that they had to digest 10 years of digitalization in only two years.”Paolo Sironi - Thought Leader and Author Hello and welcome everyone to our 2021 Fintech Review for the German Speaking Area - Germany, Austria, and Switzerland, also called GSA. This is an annual tradition started in 2014, first in German, now in English. You can find the older reviews in the blog post below: “Crypto is coming, no question. The metaverse is coming and exciting for me is the question how we will pay in the metaverse”Oliver Oster - CMO and Founder OptioPay“What struck me the most in 2020 is Crypto. It is sooo much more popular today than one or two years ago”Janis Dust - CMO and Co-Founder Epap Subscribe Here

Find all options to subscribe to our newsletter, podcast, YouTube channel or listen to our internet radio station here: https://linktr.ee/startupradio

“As people are going from in-person to remote a lot of [banking] processes have to be updated. It is basically a huge accelerator for the whole banking industry.”Frank Schwab - Co-Founder Fintech Forum Our Sponsor Startupraven

The best way to identify investors and cooperation partners for early-stage startups. Sign up for early access here: https://startupraven.com/

“[Venture] Capital becomes more concentrated. It will get harder for the new kids on the block”Frank Schwab - Co-Founder Fintech Forum Our Guests

Today I welcome our guests:

• Janis Dust - A young fintech entrepreneur, co-founder and CMO of epap (https://de.linkedin.com/in/jannisdust)
• Paolo Sironi - A fintech entrepreneur, turned global research leader in banking and financial markets as well as a book author (Website: https://www.thepsironi.com/, https://www.linkedin.com/in/thepsironi/)You can buy his newest book here: https://amzn.to/30MLgOy
• Frank Schwab - Co-founder of Fintech Forum (http://fintechforum.de/) and multiple board member (https://www.linkedin.com/in/frankschwab/)
• Oliver Oster - Fintech entrepreneur, founding partner AQVC, founder and COO OptioPay (https://www.linkedin.com/in/oliver-oster-37611063/)

“10 years ago adding the valuation and market capitalization of the global top 500 banks and fintech unicorns plus the payment providers: 10 years ago banks represented 97% of that value, today they are down to almost 70%.”Paolo Sironi - Thought Leader and Author

“Some neobanks retreated with their business from abroad. They understood that volume is not enough for a great value offer”Paolo Sironi - Thought Leader and Author

Find all links and show notes here: https://www.startuprad.io/blog/fintech-review-2021-germany-austria-and-switzerland-gsa/

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We are not only spending 10 bn € on startups, but we also have 5-6 bn € from older programs. ... in total 15 – 16 bn Euros

Thomas Jarzombek, MdB, Commissioner for Digital and Startups

The Commissioner for Digital and Startups

In this interview we talk to Thomas Jarzombek (https://www.linkedin.com/in/thomas-jarzombek-a4227183/) a member of the German Parliament Bundestag, also the Commissioner for Digital and Startups of Germany and in charge of the newly started 10 bn startup program. Thomas is a member of the CDU, Christian Democratic Union, the party of chancellor Merkel. (https://en.wikipedia.org/wiki/Christian_Democratic_Union_of_Germany). Thomas has also been an entrepreneur before he was an elected official. He started out with implementing Windows 95.

Note: In the name tag in the YouTube video, we shorted this to “Digital commissioner”, due to the available space.

How the money will be invested Note: There is a general election coming up in Germany on September 26th, 2021. This will lead to a new government since chancellor Merkel will retire. Therefore, another government may change this allocation.

We also invest in rocket technology. We have been looking at what Elon Musk does with SpaceX and adapted some of his strategies.

Thomas Jarzombek, MdB, Commissioner for Digital and Startups

Investing Indirectly (as LP)

The new investment program is looking to invest 50% together with private investors, who also chip in the other half.

The program will invest in European VCs, focusing on Germany. They are looking for VCs, investing in Germany approx. the money they receive from the program.

The largest single investment will be as LP of the European Investment Fund, which will get 3 bn Euros (https://www.eif.org/).

HTGF will start a 4th fund with money from the program. Look in our show notes below for the interview with the CEO of HTGF. They raise funds with half of the money coming from the Government and half from private investors, which include already household names like Bosch, BASF, B. Braun, Boehringer, Deutsche Bank, Deutsche Post DHL, Lanxess, RWE, SAP and many others.

We have patient money and I expect the money to be spent over the next 10 years.

Thomas Jarzombek, MdB, Commissioner for Digital and Startups

Investing Directly: Deep Tech Future Fund

The Deep Tech Future Fund (https://deeptech-future-fonds.de/) is aiming to commercialize innovations from Germany. They are even investing in startups directly, who do not have a business model yet, for example working in quantum computing.

2 bn Euros will be managed by KfW in discretionary accounts to set up specific investment vehicles and their subsidiary Coparion (https://www.coparion.vc/). Part of the money will be managed in discretionary accounts. These vehicles can invest directly in startups.

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Introducing 93. How to Build a 7 Figure House Cleaning Business w/o Cleaning Houses with Jon Margalit from Millionaire University.

Follow the show: Millionaire University

How to Build a 7-Figure House Cleaning Business w/o Cleaning Houses with Jon Margalit

In today's episode, Jon Margalit, owner of America's fastest-growing home cleaning business, talks with Brien Gearin about the viability and tactics of building a million-dollar business in the local service industry. John shares his journey from learning sales in the mortgage industry to failing in the tech startup scene, and finally striking gold by solving a common problem: cleaning homes. He emphasizes focusing on generating revenue by providing value in areas others neglect, like cleaning Airbnbs, and the importance of differentiating from competitors through rapid response and superb customer service. Jon details how his sales and digital marketing strategies have set Happy Home Helpers apart, leading to rapid growth and the ability to operate from anywhere, inspiring entrepreneurs to consider local service businesses as a viable path to financial freedom.

What we discuss with Jon:

+ John Margalit's Journey: From Sales to Cleaning Empire

+ The Birth of Happy Home Helpers: A Million-Dollar Idea

+ Scaling Success: Strategies Behind a Thriving Cleaning Business

+ Mastering the Airbnb Cleaning Niche: A Game Changer

+ Innovative Staffing and Customer Service: The Backbone of Growth

+ Expanding Horizons: The Future of Happy Home Helpers

+ Entrepreneurial Wisdom: John's Advice for Aspiring Business Owners

+ The Power of Speed and Availability in Business

+ The 'Yes' Strategy: Transforming Customer Service

+ Mastering the Art of the Discovery Call

+ The Impact of Asking the Right Questions

+ Building a Successful Local Service Business

+ Closing Thoughts and Resources

Resources from This Episode:

Click here for Jon's FREE training on how to start and grow a remote house-cleaning business of your own.

Happy Home Helpers

Overpass.com

Sign up for our FREE Business Course — for those who want to start a business, currently have a business and want to grow, or have a skill that they want to turn into a business. Understand the 7 Phases of A business, so you know where you are now and where you need to go next! - at https://www.millionaireuniversity.com/training.

Subscribe to the Millionaire University newsletter today for ongoing FREE Business Training.

Thank you, Jon!

If you enjoyed this episode with Jon, let us know by clicking on any of the links below to send him a quick shout-out:

Instagram, Twitter, Facebook, Youtube, TikTok and LinkedIn. We'd love to hear from you!

And if you want us to answer your business questions on an upcoming episode, drop us a line at [email protected].

To get exclusive offers mentioned in this episode and to support the show, visit millionaireuniversity.com/sponsors.

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DISCLAIMER: Please note, this is an independent podcast episode not affiliated with, endorsed by, or produced in conjunction with the host podcast feed or any of its media entities. The views and opinions expressed in this episode are solely those of the creators and guests. For any concerns, please reach out to tea...

Today we are wrapping up April 2021 for you. We talk about SPACs, which have been all the rage, but now they get to work. We bring you news about potential SPAC deals with Solarisbank, Infarm, Lilium, and Volocopter. The first three eying a valuation of more than one billion. Also, we have a Gorilla Unicorn.

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This Month in German Startups - Review 2019 and 2020 OutlookIf you are new to our podcast(s), we are wrapping up the startup news of the German-speaking area in a monthly recording from Frankfurt and New York. Have a look at our website www.startuprad.io or www.startup.radio and you will find all the links to our recording and the articles we are quoting from there. Some of the source articles are in English, some are in German.

Find the hosts here:

Jörn “Joe” Menninger [email protected] / Twitter / LinkedIn / Video Interview (2018)

Chris Fahrenbach [email protected] / Twitter / Homepage / Video Interview (2018)

Publication ScheduleThis episode will ... substitute the June News. This year startuprad.io’s news wrap-ups will have a summer break from the May News until the end of September. We are sorry, but there is no other way to fit the podcast around Chris and Joe's busy lives.

About this OutlookNonetheless, we are now giving you the review of a decade and the preview of a decade! We mostly stick to top-level stuff, especially since the deeper you dig, the more material we would have to cover.

Recommended Readings (Affiliated Links)The Fire Starter Sessions by Danielle LaPortehttps://amzn.to/38Ug3rUThe 7 Habits of Highly Effective People

by Stephen R. Covey

https://amzn.to/2sGDy78

The 8th Habit: From Effectiveness to Greatness

by Stephen R. Covey

https://amzn.to/34DYbOCThe $100 Startup by Chris Guillebeauhttps://amzn.to/2PEoFetOutliers by Malcolm Gladwellhttps://amzn.to/36U41g6Grit – The Power of Passion and Perseverance by Angela Duckworthhttps://amzn.to/2SbuEcj

EnablerThis recording was made possible by Hessen Trade and Invest. Learn more about our enabler here: https://www.invest-in-hessen.com/

Together with our enabler, we are running a podcast called “Tech Startups Germany”, which will focus on startups at a Serie A stage or even more mature. You will also find all the videos we produce for this podcast on our YouTube channel www.youtube.com/startupradio. This podcast is available directly on our device as audio and video podcast, yes, Startuprad.io makes the first downloadable video podcast. Find all options to subscribe here:

💢 Tech Startups Germany by Startuprad.io - Audio onlyiTunes https://apple.co/2Z17bflDeezer http://bit.ly/2Qbh1rlTuneIn http://bit.ly/2M8vpznStitcher http://bit.ly/34xTANO💢 Tech Startups Germany by Startuprad.io - VideoiTunes https://apple.co/2M8ZxKJHousekeeping - Time to brag We had more than 165.000 unique listeners to our audio podcast(s), keep in mind, most of them are only live since Q3. We had almost 350.000 views on Youtube and more than 2 mn impressions on social media.

You can find our top videos here on Instagram:

https://www.instagram.com/p/B7GcEC6IZd7/

Thank you very much for sticking with us, we greatly appreciate you guys!

Our sub-podcasts

💢 Fintech Germany by Startuprad.io iTunes: http://apple.co/2lLRlpG Spotify: http://spoti.fi/2m8HWsb💢 Security Sutra by Startuprad.ioiTunes: https://apple.co/2K0qLlHSpotify: https://spoti.fi/33rrlAD💢 Deeptech GermanyiTunes: https://apple.co/2oWO3Sl Spotify https://spoti.fi/2qucve8💢 Blockchain GermanyiTunes: https://apple.co/2O2jwLxSpotify https://spoti.fi/2qucve8

Tadadadaaaaaaaaaaaaaaaaaaaaaaaa

2020 will be the year of Beethoven, which is a safe bet!

There will be a lot going on since Beethoven turns 250 this year.

https://www.youtube.com/watch?v=59ZrMEjktsA

Ode to Joy:

https://www.youtube.com/watch?v=hdWyYn0E4Ys

He made it in pop culture some time ago e.g. Two and a Half Men:

https://youtu.be/EE6V3hoIZj8

Find all further links and show notes here: https://www.startuprad.io/blog/german-startups-2019-review-2020-outlook/

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