Grew up on the street, played football with the guys, played football, boxing, sambo. He ran through garages and handed over glass containers to earn money. Was not always obedient. Entered college after high school but dropped out a few months before graduation. Started earning steadily at the age of 16, since then he has become financially independent from his parents. Already during the period of entrepreneurship, from time to time with other guys from the Internet we are engaged in fundraising for charity and purchase equipment, furniture for three local orphanages. In 2006 with two partners founded the first hosting company, in 2008 he left it and founded King Servers with a new partner. 8 years in a relationship, 3 of them are officially married. Love to travel. Visited several countries in Asia, lived for six months in Thailand at the age of 19. I drove about 2000 km by car through several countries in Europe. In 2018, was in the USA for the first time, visited our sites with equipment in San Jose, lived in Chicago for 2 months. Loved the climate in California.
Where did the idea for King Servers come from?
There was a need for web hosting, but in 2005 the local market was poorly developed. Expensive equipment, poor infrastructure, difficulty with payments abroad.
What does your typical day look like and how do you make it productive?
I start the day with our server crews, going over the job. After that, I spend most of my time on project management oversight. I have a great team that supports the vision of the company, so we chat throughout the day in order to make sure we are all successful. Throughout the day I check in on the crews and support them when needed.
How do you bring ideas to life?
I usually try to sell multiple versions of an idea / product early on. If it works and there is a demand, you can start on a more complex implementation.
What’s one trend that excites you?
I try to read a lot.
Sometimes news or articles bring fresh ideas, in any case you will stay in trend and be aware of a lot. The world has become technologically advanced and you need to keep up with it.
What is one habit of yours that makes you more productive as an entrepreneur?
This rule is. Try to hire people smarter than you.
What advice would you give your younger self?
Don’t sell the first bitcoins in 2012 and buy more 🙂
Tell us something that’s true that almost nobody agrees with you on.
You can always find positivity in whatever situation you are in.
As an entrepreneur, what is the one thing you do over and over and recommend everyone else do?
Document business issues with partners on paper. Otherwise, sooner or later there may be big problems.
What is one strategy that has helped you grow your business?
We focused on a specific audience of clients and began to learn how to work with them. Over time, this gave results.
What is one failure you had as an entrepreneur, and how did you overcome it?
Failure is to work for a very long time on a project that does not bring the desired profit and think that it will work soon. You need to close it or sell it and start new ones.
What is one business idea that you’re willing to give away to our readers?
If you have an idea, don’t tell anyone, but rather try to implement it. A few unsuccessful ideas are better than unrealized ones.
What is the best $100 you recently spent? What and why?
I recently spent $ 300 in 15 minutes. These were the autodrome. BMW M4. An unforgettable experience. It seems to me that such an experience is needed more often, especially for those who try to work a lot.
What is one piece of software or a web service that helps you be productive?
My main tools at work are google calendar, personal messenger – telegram and command slack, mail client, vpn, browser.
What is the one book that you recommend our community should read and why?
What is your favorite quote?
1 + 1 equals 3.
- By segmenting your day into blocks of time and working on tasks in order of importance without interruption, you’ll not only stay organized and refreshed, but you’ll also get more done.
- Before you move forward with an idea, get input from your team.
- Always strive to do what must be done. Don’t put off tasks or avoid them altogether just because they aren’t fun or don’t offer immediate gratification.
Steve (Stefan) Junge hails from Germany and helps with the day-to-day publishing of interviews on IdeaMensch. While he and Mario don’t share a favorite soccer club, their enthusiasm to help entrepreneurs is a shared passion.