Ep 68 - Michael Buck - Convidera's Blueprint for Converting Your Consultancy Into a Start-up Incubator

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Convidera (convidera.com)'s strategic pivot from traditional consulting to a dynamic mix of 30% consulting and 70% solutions transforms the approach of consultancies in promoting innovation and entrepreneurship.

In this episode, Michael Buck (linkedin.com/in/mgbuck), CEO of Convidera (convidera.com), dives deep into their unique evolution, shedding light on their approach to balancing consultancy with technology, achieving a 50% start-up success rate, and their nuanced strategies for equity and investment.

You'll learn:

1. The art of balancing consulting and tech innovation
2. Key steps to nurturing successful start-ups
3. How to test and spin-out start-up ideas
4. What success looks like for Convidera
5. How Convidera reduces the risk of their start-up ventures

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About Michael (linkedin.com/in/mgbuck):
Michael Buck is an experienced serial founder and angel investor, founder and CEO of Convidera GmbH, a consulting and solutions company based in Cologne. He is committed to promoting talent and developing innovative business ideas with a particular focus on strengthening SMEs through digital innovation. Michael Buck is regarded as a driving force for forward-looking strategies and supports companies in successfully mastering the challenges of digital transformation and generating sustainable growth.

Find Michael on LinkedIn: linkedin.com/in/mgbuck

Michaels's business book recommendation:
Innovator's Dilemma by Clayton M. Christensen | shorturl.at/jwAT2

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About Convidera (convidera.com):
Convidera GmbH is a consulting and solutions provider specialising in digital transformation and the development of digital business models to make companies more competitive. It offers customised digital solutions and promotes a digital corporate culture to ensure the long-term success of its clients. In addition, Convidera acts as a company builder, supporting start-ups and established companies in developing new markets and promoting innovation and sustainable growth.

Website: convidera.com (convidera.com)
Industry: Business Consulting and Services
Company size: 51-200 employees
Headquarters: Cologne, NRW
Founded: 2012

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About the host Sammy (linkedin.com/in/sammygebele):
Sammy and SAWOO offer a B2B community-building service that establishes you as a thought leader in your industry and helps you build genuine, human-to-human relationships with your dream clients.

Get in touch with Sammy on LinkedIn: linkedin.com/in/sammygebele

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Past guests on theLEADERS IN CONSULTING Podcast (leadersinconsulting.com) include: Friederich von Hurter, Melanie Tobler, Tilman Au, and many more!