From Management Consulting at BCG to Creating an Accounting Software Startup
Taking calculated risks can often lead to great rewards if done correctly. In this chat with Alexandru Anghel, co-founder of Solo, Alexandru shares journey from management consultant to startup founder.
To begin, Alex quit his job as a management consultant and joined an incubator run by an experienced entrepreneur who became the first investor of Solo. From this experience, he learned how to hire, manage money, build a product that people love to use, and bootstrap for as long as possible before seeking out investors.
Solo solves a problem for customers by providing them with an easy way to manage their finances and investments. It provides an automated system with transparent information on income, taxes, and paperwork filing that is easy to access and understand.
What I love about this conversation is that Alex shares wonderful advice when seeking fundraising for the first time, his approach to creating a winning culture, and why bootstrapping for as long as you can has its advantages.
Show highlights:
0:50 – when was the first time you got your first taste of entrepreneurship?
2:35 – you didn’t think of another profession like being a lockpicker?
6:33 – is there a lockpicking community in Romania? 😆
7:00 – what was your experience like living in Austria?
9:58 – what do customers get excited about when they discover Solo?
13:05 – who was the first investor and what was that experience like?
14:40 – what advice would you give to anyone who wants to launch a startup?
19:58 – what is something that you do that has contributed to your success?
21: 40 – a favorite tv show that you can watch again and again?
23:05 – instead of stock options, you give your new employees ____________
Do you wish to connect with our special guest?
Visit Solo’s website: https://www.solo.ro/
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Previous guests include: Arvid Kahl of FeedbackPanda, Andrei Zinkevich of FullFunnel, Scott Van den Berg of Influencer Capital, Buster Franken of Fruitpunch AI, Valentin Radu of Omniconvert, Evelina Necula of Kinderpedia, Ionut Vlad of Tokinomo, Diana Florescu of MediaforGrowth, Irina Obushtarova of Recursive, Monika Paule of Caszyme, Yannick Veys of Hypefury, Laura Erdem of Dreamdata, and Pija Indriunaite of CityBee.
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