👊 Domi's favourite Things - Issue #19

🇩🇪 German Edition Part 2: 100 Million € Businesses in the #4 GDP-Nation 💰

Read time: 4.10 Minutes

Servus Friends,

last week we talked about how an italian Physicist called the “Architect of the atomic Bomb” helps you to predict your Startup’s Success, in the Italy Issue. 🇮🇹

In this One we go back to Germany a second time and learn why “Deutschbag-Country” is a great Place to found a 100 Million € Company.

Have fun...

The Things we are digging in Today:

  1. 🎽 Why the 4th Place still is a Winner for Germany 🇩🇪

  2. 🔫 Christoph Janz the “Hunter” of the Growth Animals 🦥

  3. #Twitter-Box: 🚀 How your Startup can become a Billion Dollar Company 💵

  4. #Domi's favourite 5 - German Bratwurst Edition 🌭

# 1 - 🎽 Why the 4th Place still is a Winner for Germany 🇩🇪

Okay this is an entrepreneurial Newsletter and not the “Economist”-Magazine…📈

But if you want to build great Companies, you also need to have a good Economy around you. The biggest Mobile Carrier from Luxembourg is still only a 2 Shop-Stop. And not the next T-Mobile.

This is why we look a bit into the Macro-Status of Germany today…

Usually you hear in Terms of Economic Affairs all day long the US and China. Followed up from News which tell you that India is the next raising Star.

But in between there are two Countries which are the stable Rocks in the World Economy. Japan and Germany. Today we have a deeper look into German Giving you a better perspective about Europe’s biggest Player.

84 Million People, 3.85 Trillion Dollar in GDP and a strong Export, brings in the 4th Place in the World Ranking. Real big numbers for a Country which has the Size of Texas.

This is why, we should invest some time to understand in which environment we working with. Because you can only grow as big as your market lets you.

Here is a great Video that gives you more Stats about Germany’s Economy…

I love Economics Explained. An Aussie Accent is telling you Statistics about all the different Countries in the World. That’s class. If you looking for great Binge Material, you should consider subscribing. (got that tip from an irish Man 🇮🇪)

But for real now. A lot of people don’t know how strong Germany is in terms of Financials. A backbone of SME’s is holding strong, even through rough winds. But also shows that Germany needs to bring in its Economic Power for the Good of Europe…

# 2 - 🔫 Christoph Janz the “Hunter” of the Growth Animals 🦥

It’s Blog o’Time again. But this One, is an essential One…

Today we talking about the Work of Christoph Janz. He’s maybe not the most famous Investor you ever heard of. But at least you should know about his Learnings in Terms of Customer Groups.

Before that, first some Context…

Christoph runs an important Fund, called Point Nine Capital in Berlin. If you ever think of building a B2B-Platform with VC Money, you should try to get a Meeting there. (They also run a really good Blog about that Topic)

So Chris has a lot of Learnings about B2B, Platforms and SaaS-Stuff. And his Learnings proof, that the Customer Group you choose in the Beginning, builds your Foundation.

That’s why you need to be resourceful at the Start of a new Project or Business. Be wise which Group you choose. You have to live with that Decision after.

But now you think, how can you be certain?

This is where Christoph’s Blog-Post comes in…

Instead of a lazy Marketing Buzzwords, he put Customers into Growth Groups named after Animals.

I think this is One of the best Ways to recognise them easy. And you always know what you dealing with in your Business Model.

So give this Blog-Post a read. This is already an all time Classic…

I love this too. It’s a lot easier to remember these Animals than learning boring Business School Speak (the “BCG-Matrix”). But remember, high paying Customer Groups are coming with more Expectations then Customer Groups in the 10€-Range.

#Twitter-Box: 🚀 How your Startup can become a Billion Dollar Company 💵

Here is a great Summarise-Tweet about the Christoph Janz Blog above. (You may like the Twitter-Style more)

But before you read…

Do remember last Week’s Method, the Fermi Estimation? (Link) If yes great. If no, really go back and read this too.

Rethink the Fermi for a second. If you use Fermi Estimation, your result can be, that your Idea is bad…

This is where this Framework comes in. You can use the Growth Animals to reconsider your actual Customer Group and try to hit a better One.

So learning more about the “Growth Animals” after Christoph Janz, can have a big impact on your Pivoting-Skills…

Hope that you see the bigger Picture I try to draw for you. I know I send you every Week some single Frameworks and Ideas. But on the long run all of this different Stuff creates a fitting Puzzle for your entrepreneurial Toolbox.

This Newsletter is about the long Run. 

I can’t show you a quick-rich System. (If I could, I wouldn’t do it for Free 😈)

So “Stay hungry. Stay foolish”.

#Domi's favourite 5 -  German Bratwurst Edition 🌭

Here some cool Reads about the german Topic:

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Meme of the Week

Every fucking Day… Story of my (current) Life… (not really 😉)

🤣😂 Thanks for reading the 19th Issue.

Please share with your Friends and have an epic Week. 👊