How to Start a Successful Business

In this exciting eleventh episode of "Tell Me, Dad!", my father shares the story of how he started his own company, diving into the high-stakes world of entrepreneurship. He took a massive risk, forgoing his salary and securing a bank loan of 800,000 Deutsch Marks to fund the venture. Despite the challenges, his hard work began to pay off.

After just one year, an American company approached him with an offer to take over his business. But instead of accepting, my dad held firm and negotiated a deal that would change everything—a 50/50 joint venture. What seemed like a monumental turning point in his career, however, was sealed by an unexpected moment: a night at a Kegel alley. This episode dives into the risk-taking, negotiation tactics, and serendipitous moments that defined my dad’s entrepreneurial journey. Tune in for a story of grit, strategy, and how sometimes the best business deals happen in the most unlikely places.