This is the open story of Fritz Simons, a co-founder of Carmudi, a startup that bills itself as the world’s fastest growing car classifieds. If this story inspires you to build, join our mailing list.
1. What is the ultimate vision of Carmudi?
Carmudi will revolutionise the way vehicle are traded. We are combining technological expertise with a passion for cars in order to offer our customers the best possible experience. For us this means making buying and selling vehicles easy, safe and fast. We are only at the start of our journey but we are working extremely hard every single day to get there.
2. How did you achieve your current success?
We are simply faster than anyone else. This results from a combination of being very customer focused and extremely execution driven. We spend a lot of time understanding the market we operate in and leverage everything we learn immediately by making it influence our priorities and goals. At such an early phase of a company, one must be able to react very quickly.
3. How did you get into founding a tech enterprise? What’s your advice in regards to understanding technology and code?
The Internet changes the way people think and go about their lives. As an entrepreneur I can be part of this change and impact people’s life for the better. This is why I ended up in tech and founding Carmudi. Of course, my understanding of technology helps me every day. Get yourself excited about it and spend time to learn from everyone around you.
4. What do you find fascinating about cars personally?
For some, cars are merely a means of transportation. For others they are a hobby and status symbol. Cars fascinate me because they have their own different meanings for different people. I myself am a car enthusiast having dedicated my entire working career to the automotive industry.
5. What are your tips for building a great team and establishing an excellent company culture?
Only hire people you are fully convinced of. This is time consuming but will pay off from day one. Then get every single one in the team enthusiastic about the company vision and product. This serves as the basis for a fruitful company culture.
6. What is special about Carmudi’s company culture?
We all love cars and we all believe in our vision. Everyone wants to make the next step to making car trading better for our clients. Thus, the environment is productive and this is fun for everyone.
7. Where does your drive of being an entrepreneur come from?
It comes from the ambition to make a meaningful impact. To achieve this you have to take responsibility and ownership of what you are doing as well as be prepared to take risks. This is the true basis for entrepreneurship.