Mathias Ihlenfeld and Woom sold 13 bikes in their first year… how did he grow to be an Inc. 5000 company in just ten years?
Join us for Episode 6 of Unlocking Moves, the show that dives into the pivotal moments in an entrepreneur's journey that unlocked their true potential. Many business leaders only like to talk about their success stories - but host Kurt Wilkin is a firm believer that we learn more from the stumbles and mistakes. This episode of Unlocking Moves features a conversation between Kurt and Mathias, the German-born entrepreneur and founder of Woom USA, the fast-growing children’s bike company that is revolutionizing the industry. Kurt and Mathias talk about overcoming struggles in a startup with ideation, a strong work ethic, and a laser focus on the customer (and employee) experience.
(00:00:01) Opening & Welcome to Unlocking Moves
(00:00:32) Guest Introduction: Mathias Ihlenfeld, Co‑CEO of Woom
(00:00:57) Pivoting from Consulting to Entrepreneurship
(00:02:11) Sponsor – HireBetter: Your Strategic Talent Partner
(00:03:16) The Woom Story: A Birthday Gift Sparks a Revolution in Kids Bikes
(00:05:15) Product Innovation: Designing Ergonomic, Lightweight Bikes for Kids
(00:06:28) Growth & Trade‑Up: Evolving Woom’s Bike Lineup and Upcycling Program
(00:07:50) Defying Doubters: Convincing the US Market of Premium Quality
(00:08:48) Rude Awakening: Overcoming Early Sales Challenges
(00:09:02) Creative Marketing & Social Proof: Building Trust with Customers
(00:11:12) Customer Engagement: Grassroots Events and Exceptional Service
(00:17:09) The Immigrant Journey: From a Small German Town to the US
(00:19:50) Work Ethic & Long Hours: Lessons from Early Career in America
(00:24:13) The Mike Factor: Navigating Team Dynamics and Outgrowing Your Friends
(00:27:09) Employee Experience: Building a Culture of Growth and Excellence
(00:30:55) Financing the Future: Bootstrapping a Capital‑Intensive Startup
(00:33:42) The Financial Turnaround: Securing $2M & Creative Funding Solutions
(00:35:41) Entrepreneurial Mindset: Embracing Empathy and Supporting Future Leaders
(00:37:57) Do You Wanna Know Who's Your Mike? Take the Quiz Here
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About Mathias Ihlenfeld
Woom USA founder Mathias Ihlenfeld is the Co-CEO of woom. In his role, he is expanding the brand's e-commerce and customer experience capabilities in the United States, throughout Europe, and beyond. woom is a globally-acclaimed kids' bicycle company, originally founded in Austria in 2013, with its North American headquarters located in Austin, TX. The brand was brought to the United States by Mathias Ihlenfeld in 2014, one year after woom had been founded in a tiny garage in Vienna, Austria, by Mathias's brother Marcus and his business partner Christian Bezdeka.About Kurt Wilkin
Kurt Wilkin is a connector - of dots, ideas, and people. For the past 30 years, he has advised high-growth companies, starting his career with Ernst & Young, and today in his roles as co-founder and visionary of HireBetter and managing partner of Bee Cave Capital. He is a serial entrepreneur with multiple successful exits and has helped hundreds of entrepreneurs and CEOs build their companies.
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