Digital Transformers

S2 E5: How To 10x Your Innovation Success Through M&A Transactions - with the Co-Founder of Flix, Jochen Engert


Listen Later

In this episode, I talk to Jochen Engert, Co-Founder and Supervisory Board Director of Flix

Jochen quit his promotion and stepped away from a secure career in consulting to found and scale Flix into a unicorn company and one of the largest long-distance mobility networks in the world. 

In our recording, we amongst other things, talk about:

  • courage, the importance of timing, and testing value propositions - without huge capital expenditures
  • how to successfully manage M&A transactions with other innovative companies
  • leadership in times of uncertainty


Jochen Engert on LinkedIn: linkedin.com/in/jochen-engert-61a4a31


👋 Get in touch with Kilian here: linkedin.com/in/kiliankarrasch

Do you have an innovative idea you would like to validate through market research or rapid prototyping or a validated concept you would like to bring to life (e.g. in form of an MVP)? Then book a free consultation here: http://bit.ly/3Xr0BvG 🚀


Timeline

0:00 - Introduction

1:04 - Who is Jochen Engert

1:23 - What was covered in the podcast

1:54 - Why most founders are optimists

2:38 - Why Jochen decided to build Flix instead of finishing his Ph.D

4:06 - What's the real risk when deciding to build a company

5:26 - Hiring people with entrepreneurial experience

6:14 - Looking back would Jochen have skipped consulting and directly become a founder

7:18 - Where did the idea for Flix come from

9:06 - How was Jochen able to start building the right value proposition and product for Flix

11:57 - How did Flix manage to win against all the competition

14:43 - The core values and the important role of culture at Flix

16:10 - How did Flix, as the underdogs, convince investors

18:06 - How did Flix manage the merger with a competitor

21:42 - How Flix reorganized the teams after the merger

23:31 - How Jochen dealt with the pressure of the merger

25:42 - The biggest challenge Flix had to face as a company

29:15 - The biggest learnings Jochen made that helped him transform the business

31:51 - Does Jochen have any regrets?

32:36 - The one tip Jochen would give founders or corporate leaders who want to build industry-defining products, services, or organizations

33:59 - The biggest challenge companies in the mobility industry will have to face and how Flix will tackle it

...more
View all episodesView all episodes
Download on the App Store

Digital TransformersBy Kilian Karrasch

  • 5
  • 5
  • 5
  • 5
  • 5

5

2 ratings