On the Meaning of Hard Work

My co-founder and I had a good debate recently about the meaning of hard work. I felt particularly passionate about this disagreement, despite the fact that there was no immediate decision to make. Disagreement is an important part of our working relationship and I’ve learned that disagreement leads to more creativity and better decisions. I

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Disagree well: creating a culture that embraces disagreement

One of the initial challenges of working together with a very good friend was that we had to learn to disagree. Sure, we’d had differences of opinion before. But without any real skin in the game, it was easy to just let them drop and move on. Founding a company and building a product certainly

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The cost of founding

This post is part of a series in which we are sharing our experience of founding a company in Germany. We hope that it will help others working their way through the foundation process. Read the first post in the series for more details. — A real-life example of founding a limited company in Germany

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Making it official

This post is part of a series in which we are sharing our experience of founding a company in Germany. We hope that it will help others working their way through the foundation process. Read the first post in the series for more details. — Notary, banks and the commercial register There are a few

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Long-Term Considerations

This post is part of a series in which we are sharing our experience of founding a company in Germany. We hope that it will help others working their way through the foundation process. This post is about some of the considerations when creating the foundation documents, you can read more about which documents are

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Considerations for a minority shareholder

This post is part of a series in which we are sharing our experience of founding a company in Germany. We hope that it will help others working their way through the foundation process. This post is about some of the considerations when creating the foundation documents, you can read more about which documents are

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How much equity does a new company need?

This post is part of a series in which we are sharing our experience of founding a company in Germany. We hope that it will help others working their way through the foundation process. This post is about some of the considerations when creating the foundation documents, you can read more about which documents are

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Planning for the best and the worst case

This post is part of a series in which we are sharing our experience of founding a company in Germany. We hope that it will help others working their way through the foundation process. Read the first post in the series for more details. — Creating foundation documents Creating legal documents for the foundation of

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Choosing Advisors

This post is part of a series in which we are sharing our experience of founding a company in Germany. We hope it might help others working their way through the foundation process. Read the first post in the series for more details. — Do-it-yourself vs. finding someone qualified to help I’m a fan of

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UG vs. GmbH — Selecting the Business Entity

This post is part of a series in which we are sharing our experience of founding a company in Germany. We hope it might help others working their way through the foundation process. Read the first post in the series for more details. — Choosing between UG and GmbH Although we like to think of

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Betting on the Success of Your Business

This post is part of a series in which we are sharing our experience of founding a company in Germany. We hope it might help others working their way through the foundation process. Read the first post in the series for more details. — Holding structures enable re-investment and value creation A founder in the

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Our foundation journey

What we learned by founding three companies in Germany In February 2018, we set the wheels in motion that would lead to the registration of three limited liability companies in Germany. For us, the business already existed in spirit for some time before taking this step. We’d already been planning and working on the project for

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A Beautiful Company

We’d talked about the concept of a beautiful company at length, but I hadn’t considered naming the company that way. I got over it. Good branding, communication and design can overcome any confusion about what the name means. The more important challenge is what the name implies. The name is a powerful reminder of the

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