first exit at 21, next goal is $10 billion ~ Moritz Lechner

Moritz Lechner started his first company at 14 with 100 euros of pocket money. At 15, he pitched on Austria's version of Shark Tank and raised €170,000. At 21, he sold the company he built to 50 people and millions in revenue. He is now 22 and already planning the next one.What could possibly go wrong along the way? A lot, actually.The subscription box business that never quite took off. A product launch where they spent a fortune, did the full campaign, and then, well, nobody cared. The overnight shift from three people to 50 and having absolutely no idea how to manage that. And trying to run a real business while your voice hadn't broken yet and clients kept calling you Mrs. Lechner.We get into 👇:★ Starting with €100 and a self built website at 14★ Pitching on 2 Minuten 2 Millionen at 15 and tripling the business overnight from TV coverage★ Why the subscription box model hit a ceiling and how they spotted the pivot early★ Managing 50 people at 19 with zero experience of ever being an employee★ The structured M&A process that led to the exit and the closing party that went until 7am★ Why he thinks the next company has to be a $10 billion generational companyLet's keep the crew together 🤝📸 Instagram: https://www.instagram.com/fayltales/🎵 TikTok: https://www.tiktok.com/@fayltales💼 LinkedIn: https://au.linkedin.com/in/loveth-ochayi-a67491152On the move? 🎧Spotify: https://open.spotify.com/show/64449Kq2PDzlkVyCjlN5U8Apple Podcasts: https://podcasts.apple.com/au/podcast/fayl-tales/id1797274868Follow us on all platforms!Instagram ~ @fayltalesTiktok ~ @fayltales LinkedIn ~ @fayltales