Fabian Dolde: Thriving Up in the high vertical range of manufacturing space
Elite League of Transforming Leaders 2021
Technical Prodigy who strives to bring
revolution in the world through his work!
Fabian Dolde, CEO of Eurotec Innovation
GmbH always had a dream of becoming an engineer and invent technical products.
Being a tech-enthsiast since childhood, he worked with computers with internet
since he was 4 years old. At 8, he became super interested in businesses and
even more inclined towards trading. He even bought cheaper bundles of different
incomplete LEGO models, completed each model and sold each model after a short
playing time separately. During his teenage years, his passion was DIY
especially in metal working and developing self-made things using welding,
drilling etc.
He came up with his first venture after his
high-school degree which was in the field of trading, affiliate-marketing and
computer services in his hometown. He later progressed to complete his
university studying mechanical engineering and business administration
simultaneously.
He shares, “During my studies, I was
searching for other business ideas which are scalable. The first business was
not bad, but this one could not be scaled up. It will be (more or less) always
a “one-man-show”. Therefore, I was looking for technical products, which can be
produced and sold in higher quantities. Inventing completely new products is
very difficult, therefore my focus was to combine existing solutions to get new
products.”
Owing to this, foundation of Eurotec
Innovation was laid in 2015. He founded the company in 2016 as soon as he
finished his bachelor’s degree in mechanical engineering and continued
expanding it throughout his master studies.
Showering Light on Eurotec Innovation
Eurotec Innovation has different products
furnished with superior quality materials. They comprise of Mass finishing
machines, Tumblers, Dryers for drying mass-finished parts and centrifugal
cleaning system to recycle process liquids. Moreover, these centrifugal systems
can be further used in a plethora of other industries. They even have media and
chemicals for industrial mash finishing process.
The primary goal at Eurotec is to provide
the customer with all machines and products for his mash finish process. The
most important thing to note about their business is that they sell the process
and not just the machines.
He states, “We are very obsessed to build a
system that is highly scalable with fewer limits in scaling up the business.
Therefore, we are working on many solutions/areas, which are not necessary for
our actual business size. But for later, if the business is developing, these
processes are needed otherwise the progress will stop.”
The company has to create a fully
integrated ERP system, inventory with live status and own allocation of numbers
(like ASIN-Code) as well as focus on developing efficient assembling line
according to LEAN-production methods.
They focus on all the significant aspects
i.e. development, assembling as well as customer service. All this makes them
stand out from their competitors.
Fabian’s Core Traits in the leadership
journey
He has 3 main attributes imbibed in him
that have contributed largely in his leadership voyage.
1: Learning new things fast: Being an
autodidactic, he learned everything about starting and running a business on
his own such as leading people, organizations, laws.
2: Acquiring both theoretical and practical
knowledge: Since his childhood, he has learnt all the skills not just in theory
but by gaining practical experience as well.
3: Honing his strengths in organization:
Being quite organized, he always has an edge over others to complete all his
tasks more effectively than others. Owning to this, he was able to get fewer
learning sessions in school and complete bachelor’s degree mechanical
engineering in standard period even with 2 studies parallel and bachelor’s
degree economics below standard period with 2 studies parallel. He also gained
his master’s degree below standard period with the foundation of Eurotec
parallel
International experience (16 weeks). On top
of that, he was always on the un to learn new skills such as electrician,
working for a Tech company in Munich, doing internships simultaneously with his
studies.
Driving Motivation
With discipline and good organization,
every business startup is easy. He shares, “I have achieved many things I had
desired so far. For now, the main goal is to scale up the business and to start
up new business ideas as soon there will be a chance. Now I am very concerned
about searching new and additional goals be it, short term or long term.”
He says that motivation is the key to
achieve higher aims without any hassle. He adds, “It’s like hiking and aiming
for a special summit. If you are at the summit and you look around, there are
many other summits that are higher and more difficult to achieve than yours.
You realize that not the goal is the motivation, it’s the way to the goal! The
hard work will pay of, if you have managed the difficult “roads” to former
goals where you did not give up. This experience makes you stronger for new
unknown tasks and is my motivation to fight for every goal and to develop new
goals before reaching my current goals.”
Managing Professional and Personal
Fronts
Fabian is the CEO of Eurotec Innovation and
is currently also the head of development, business strategy, marketing
departments. He feels that his past experiences have shaped his mind in the
entrepreneurial mode which include his technical and economic studies that help
in developing new ideas. Besides that, his practical experience in this field
as he spent ample time in the garage during his youth. He is even excellent in
developing and operating electrical control units which he learnt during his
side electrician job during school.
His great computer skills such as designing
own templates (Word, Excel, PowerPoint), programming, website , IT
infrastructure and ameliorating the ERP-System that he learnt during early
childhood. Being an entrepreneur, work and leisure seem to have no difference
and for Fabian, it means maintaining a good social life besides striving hard
for his goals and business. Once difficult work goals are achieved, there are
more relaxed times slots. He prioritizes everything as per the work and
environment demands. He says, “If there is e. g. raining Sunday I will work
full time, if there is a sunny afternoon, I will catch up some leisure in
nature.”
Eurotec Innovation’s expansion Plans
Fabian plans to expand the product range
and develop and produce new machine products and components especially those
that operate automatically, and which can be easily connected to other process
machines. He feels that introduction of “IoT (internet of things)” in such
production machines will really generate excellent customer benefits.
He wants to augment sales and for that, he
says, “Now we are finishing our high-tech production system which is capable to
scale up sales with fewer adaptions. At the moment, our main customers are
located in Europe. For the future, we want to address the global market.”
He even thinks that there is higher potential in manufacturing environmental cleaning systems. Thus, they are focusing on expanding their products in that domain (especially centrifugal cleaning systems).