His outstanding presentation with the world’s leading companies allowed him to access contracts worth millions of dollars.
Alexander Rinke He managed to have some of the main companies in the world as clients thanks to his cordial and personalized treatment. The German business won million-dollar contracts by sending handwritten letters to top managers. Their objective was to offer them the performance monitoring services that their company provides. Celonis with software and artificial intelligence.
The young entrepreneur’s business stood out in the presentation of his proposals. Rinke alluded to what: “We knew that if we sent an email, it could be easily deleted.” He also added: “But a handwritten note seems more personal, because it can be similar to a family letter or that of a friend.” Thus, it offered its services to optimize production with its programs that They detect when their employees are unproductivewhether your suppliers are slow or what part of the production could be improved.
The story of Alexander Rinke, the German billionaire and the great success of his business
The German entrepreneur formed the company with his friends and fellow students, Martin Klenk and Bastian Nominacher. They had faith that their idea could make its way into the market, but they just needed to find their clients and stand out in their proposals. Besides, Rinke added his experience by having founded a small company at the age of 15. It was based on providing tutors to high school students who needed them.
The students’ idea was formed when they were about to complete their studies in mathematics and computer science at the Technical University of Munich, in 2011. The plan arose during their internship, when they saw that It took companies around 5 days to find a solution to their problems and they thought there must be a faster way to do it. They interviewed the company’s staff but none of them were going to take the blame for the poor performance.
The German company was formed from the concept of eliminate labor policies and people from the evaluation process. These factors were replaced by an unbiased computer analysis. Celonis’ first client was the same company where they did their curricular internships. Subsequently, in just 8 years, the venture managed to gather an outstanding portfolio of clients by having contracts with BMW, Exxon-Mobile, General Motors, L’Oreal, Siemens, Uber and Vodafone.
The company currently has more than 400 employees, who are valued both for their resumes and also for their personalities and character. Celonis is going through a fruitful moment in which it exceeds 70 million dollars in annual profits. In addition, it receives investments of 50 million and is valued at about 1,000 million dollars.
How much is Alexander Rinke’s fortune, according to Forbes
Alexander Rinke 2.jpg
Accel
The young 35-year-old German businessman managed to become one of the stars of his country’s technology sector by bringing together a fortune estimated at 1.1 billion dollarss by Forbes review.
Source: Ambito
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