{"id":14731,"date":"2020-09-28T21:34:32","date_gmt":"2020-09-28T21:34:32","guid":{"rendered":"https:\/\/valutico.com\/techround-interview\/"},"modified":"2020-09-28T21:34:32","modified_gmt":"2020-09-28T21:34:32","slug":"techround-interview","status":"publish","type":"post","link":"https:\/\/valutico.com\/techround-interview\/","title":{"rendered":"TechRound Interview"},"content":{"rendered":"

Interview with Paul Resch, Founder and CEO of Valutico<\/h1>\n
<\/div>\n
\n

\"\"By\u00a0Dana Leigh<\/a><\/p>\n

\u00a0September 28, 2020\u00a0<\/span> (read the interview on TechRound at: https:\/\/techround.co.uk\/interviews\/interview-with-paul-resch-founder-and-ceo-of-valutico\/<\/a>) <\/span><\/p>\n<\/div>\n

\n

Valutico is a FinTech startup that has created a web-based valuation platform, providing the financial services industry and valuation practitioners with data-driven tools to conduct their analysis more efficiently.<\/p>\n

We reduce the time it takes to do a valuation from days to hours.With a focus on providing a frictionless valuation experience, we have already signed more than 100 national and international paying clients to the platform.<\/p>\n

Valutico works with valuation experts within accounting and tax advisory\u00a0firms, Corporate Finance and M&A advisors, as well as investment managers in over 25 countries in Europe, the Americas and South East Asia.<\/span><\/p>\n

\"Valutico<\/p>\n

How did you come up with the idea for the company?<\/b><\/h2>\n

Out of sheer frustration! I used to spend weeks in Excel whilst working in M&A at Deutsche bank and could not understand why there was not a simpler, time saving solution to conducting valuations. Together with a dedicated group of experts in Software and Data Science, we took matters into our own hands and decided to build a platform that would ultimately change the way valuation\u00a0analysis is done.<\/span><\/p>\n

We have simplified the overall valuation process \u2013 saving our customers\u2019 time and frustration \u2013 and it is rewarding knowing that we are making people\u2019s working lives easier!<\/p>\n

What advice would you give to other aspiring entrepreneurs?<\/b><\/h2>\n

1. Focus on one project, and one project only: You might be 10% smarter than the next person, but if you only dedicate 50% of your time you will be out-competed.<\/p>\n

2. Build a\u00a0network of thought leaders in your field, their advice could be\u00a0<\/span>instrumental<\/span>\u00a0in driving your business (and yourself) forward.\u00a0Get feedback early on. There\u2019s no need to be secretive about your idea, it\u2019s only 10% of success, the rest is all about execution and for that you need feedback. Also, present your idea to potential clients as soon as you have something to show. If you aren\u2019t a little embarrassed when demoing, you\u2019ve probably waited too long.<\/span><\/p>\n

3. Be aware that everything takes twice as long and costs twice as much.<\/p>\n

What can we hope to see from Valutico in the future?\u00a0<\/span><\/b><\/h2>\n

Our goal is to provide experts with the valuation technology they need to compete in a digitalised world.\u00a0In the future we plan to develop more valuation-related tools to supply financial service players with valuation-related turn-key solutions based on the latest technology.\u00a0<\/span>The US is proving to be a key market for us, watch this space!
\n<\/span><\/p>\n

For more information visit: www.valutico.com<\/a><\/p>\n<\/div>\n

\n
<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

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