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cONSTANTLY IN MOTION
Being an entrepreneur is all about rethinking, inventing, creating. Important problems stare at you everywhere you go and there is a drive in you to want to find dramatically better solutions. You are attracted by the seemingly impossible, certainly by making a difference.
KO-TEST Online Forum. Hallo, ich geh re leider zu dem Kreis der Innoflexgesch digten. Ich kann jedem nur raten so schnell wie m glich zu k ndigen, der Vorstand hat sich schon abgesetzt, verschiedene Klagen laufen, aber sp testens der Inkassodienst treibt noch die letzten Mitgliedsbeitr ge ein. Andrew Stoltmann is a Chicago based attorney, author, TV commentator and investor advocate. He concentrates his legal practice in representing investors who are the victims of investment fraud.
I have always been an entrepreneur and my first success came in the start-up that I founded in Germany in 1984 called CompuNet, a billion dollar network integrator surfing on the huge wave of the personal computer and network revolution. We ended up selling the company to GE Capital in 1996.
Following this, I boarded my custom-made 130ft sailing yacht, Alithia, with my wife and our five kids and we circumnavigated the planet for two years. Now that was an adventure! When we hit a reef in Fiji, we had to survey the yacht in Brisbane for structural damage. We ended up falling in love with Australia and settled in Sydney in 2004.
My second success started when I joined three Australian engineers in 2005 and launched Tyro in Sydney in 2006, Australia’s first digital business bank. Tyro now has 380 staff and serves 18,000 SMEs. Tyro generated more than $100 million recurring revenue in 2017. That was a mission impossible becoming a reality! We built a cloud-based mobile banking platform in-house, gained the general bank license and challenged successfully the dominant local bank oligopoly.
And we made a difference, here in Australia, showing that one can compete with the establishment, that one can support small business with frictionless banking and unsecured funding and that one can encourage a thriving fintech community and push the open banking agenda.
I am advocating for the API economy, for open eco-systems where the best ideas can win.
entrepreneurial culture
I am driven by the idea that everyone is entrepreneurial, if let by oneself dare to find new paths to new solutions. No matter where people are in an organisation and in society, they thrive when they are trusted and can unleash their creativity, when they can make a difference.
When the belief that entrepreneurial talent is not the privilege of a few permeates an economy and society, it has the effect of renewing and re-energising the intellectual and mental constitution of an entire generation and country.
Whether in building my own company or in the initiation and consulting of start-ups, in initiatives in the education sector or as Shadow Federal Minister for Economy and Technology, my passion is to encourage people to take their destiny into their own hands.
In my view, there has never been a better time for entrepreneurs, as entrepreneurial and creative talents make all the difference and will be the only asset class with significant returns going forward.
Leading a growth company into a new order of magnitude with innovation in all aspects of the business system.
2004-today Tyro Payments Limited Sydney, Australia
Executive Director and CEO
‣Invested into a start-up company incorporated 3 February 2003 by a group of technology people with a world class track record in switching and protocol conversion in the IBM, Cisco and Internet world.
‣The company developed an open financial transaction switching and settling architecture that allows it as a member of the leading schemes like MasterCard and Visa and as a bank licensee of the Australian Prudential Authority to offer innovative and affordable payment solutions to Australian merchants and volume billers.
‣Took on the challenge of developing the company into a significant player in the Australian financial services industry.
2002-2004 Sailing Yacht Alithia Seven Seas
World Circumnavigator
‣Constructed an award winning 40m High Performance Racer-Cruiser in aluminum and carbon fiber at Abeking & Rasmussen Germany.
‣Sailed 40.000 nautical miles around the planet visiting with the family of five children, eight members crew and three teachers the most remote islands of the planet.
‣Achieved with the brand new yacht a fourth place in the Millennium Cup at Auckland (NZ) against some of the world Americas Cup elite.
1997-2002 create.it services AG Düsseldorf, Germany
Chairman of the Board and CEO
‣Incubated a family involvement site and a children learning center concept.
‣Promoted the movement of new entrepreneurs in Germany at university, media and public policy level.
‣Implemented successfully the concept phase of a revolutionary real-time visualization processor.
June 1998 - November 1998 Bonn, Germany
Shadow Minister of Economy and Technology
‣Ran and managed the campaign as Federal Minister of Economy and Technology contributing significantly to the landslide victory of the first German government of Chancellor Gerhard Schröder.
‣Renounced to the Office because of an unacceptable curtailing of the Ministry’s competences.
1996–1997 General Electric US Kerpen, Germany
President GE Capital Information Technology Solutions, Europe
‣Led successfully the integration of the German system integrator CompuNet Computer AG into the worldwide GE organization.
‣Integrated the incumbent former Control Data organization in the United Kingdom, Norway, Austria, Greece and Portugal.
‣Managed acquisitions in the United Kingdom, France and Austria.
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1984–1996 CompuNet Computer AG Kerpen, Germany
Founder, Chairman of the Board and CEO
‣Created a multi billion dollar system and network integrator serving the German corporate Fortune 500 market with PC and work station based IT solutions.
‣Implemented a unique entrepreneurial corporate structure and multi-levered financing system allowing the company to double sales every year.
‣Built an acclaimed brand, achieved recognition as the first most outstanding success story of the then called New Economy and represented a rejuvenated German entrepreneur movement in the public media.
1981–1984 Boston Consulting Group Chicago, USA
Consultant
‣Worked on a multitude of cases reaching from acquisition and marketing studies in the food processing industry in Germany and the US, to strategy development for a refrigeration company, a teaching hospital, a specialty chemical producer, to product launching for artificial sweeteners.
‣Implemented a PC based marketing tool for the group and ran an extensive market test for a first entrepreneurial idea in the field of video distribution.
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1978–1979 Prospective & Aménagement Paris, France
Consultant
‣Worked on a study analyzing the then highly acclaimed German small business administration policy for the Planning Office of the French government Raymond Barre.
1979–1981 Harvard Business School Boston, USA
‣Graduated with a Master of Business Administration.
‣Put a highlight on finance during the second more elective year.
1977–1979 Institut des Sciences Politiques Paris, France
‣Graduated summa cum laude with a diploma in political sciences and a specialty in international relations.
‣Published a thesis paper on East-West Trade doing field research in Indiana and Washington.
1976–1979 Université de Paris Assas Paris, France
‣Graduated with a Maitrise en Droit specializing in commercial and international law.
1974–1976 Université d’Aix-en-Provence Aix, France
‣Graduated with a Diplome des Etudes Universitaires Générales.
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1973–1974 Deutsche Bundeswehr Hanover, Germany
‣Military service with training in telecommunication and as reservist officer.
1972 Stiftisches Gymnasium Düren, Germany
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‣High School certificate.
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Very entrepreneurial, visionary and communicative character with a broad field of interests:
‣Born January 17th, 1955 in Duesseldorf as son of a ministerial civil servant in the Finance Ministry and the only woman car dealer in Germany.
‣Married to a Greek advertising executive, father of three boys and two girls.
‣Speaking German, English and French totally fluent, some Spanish and Greek.
‣Special interests include politics, political economy, sailing, traveling and exploring.
‣Euromanager of the Year 1990 (Expansion and Impulse).
‣Global Leader of Tomorrow (World Economic Forum, Davos).
‣Member of the German Policy Committee Soziale Marktwirtschaft (Ludwig Erhard Stiftung, Bonn)