This Entrepreneur Raised $80 Million To Empower Shoppers To Take Smarter Spending Decisions Gerhard Trautmann, the founder of Global Savings Group (GSG), is a bottle of untapped brilliance, a mind ready to unleash innovation. Born in Quito, Ecuador, Trautmann's journey has been a geographical tapestry, weaving through Venezuela, the U.S., Portugal, and finally settling in Germany. His early years in South America, fueled by his father's work for European companies, imbibed in him a love for diverse cultures that would later become a cornerstone of GSG's identity. Listen to the full podcast episode and review the transcript here. https://alejandrocremades.com/gerhard-trautmann/ [downloadbook] From Portugal to Germany: A Business Odyssey Gerhard has fond memories of his growing years in Lisbon, which he still considers an excellent place for vacations. He started his education in Germany and went on to study business. After university, Gerhard went into the consultation field, where he learned how to break down bigger problems into smaller bites over the next four to five years. He also learned how this strategy gives you the best ability to finally bring things to execution. Gerhard notes several pros and cons to the game. Among the pros, he acquired great tools like problem-solving, unit economics, and leadership skills. He learned how to structure communication frameworks in a top-down approach. Getting people’s buy-ins with visuals and convincing them about the specific variables that impact the KPI that everyone is working toward is another valuable strategy. Gerhard observes that consulting companies need significant investment in their early years, but the training and experience you get are invaluable. Aspects of consulting like moderation training, presentation training, and providing feedback shape analytical skills and leadership qualities. On the flip side, consultants are notoriously bad entrepreneurs with a high aversion to risk. While these founders…
