Entrepreneurial spirit at Manage&More:
Peter Pult is developing a fitness towel
A functional fitness towel is what Peter Pult’s life is all about these days. On the one hand, it should be soft and absorbent – and on the other hand, it should be slip-resistant, so it doesn’t slip off the equipment at the gym. Peter Pult himself does not visit a gym, but the towel is still of importance for him: He wants to develop it and bring it to market.
Peter Pult is in his seventh semester of TUM-BWL. Alongside his project-based studies, he currently invests about 50 percent of his time into the project with Manage&More, the entrepreneurship-program of UnternehmerTUM. Peter Pult and his two companions are planning to market about 1000 towels.
The three of them will be doing everything on their own – from market analysis and product development to marketing. For Pult, this means: “This is an opportunity for me to make practical use of the things I heard about during my studies and to really learn something.”
An own business as a factor of motivation
He is responsible for the development of the online store. The digital world is his specialty. Even before Manage&More, Pult – who is from Freiburg – was involved in the founding of an online-based business. In 2012, he started the agency “Stapp-In” together with a group of friends and developed apps for mobile phones, which meant a lot of work too.
Pult taught himself how to work with IOS, had to experience setbacks and managed to cope with the double burden of studying and working on a project. Not a big problem for him: “What motivates me is to be independent. When I develop new apps, I often work until five clock in the night and get up again at nine because I really want to get ahead.”
Generation 2.0
As he grew up with the Internet and feels absolutely at home in it, the student sees himself as a part of the “Generation 2.0”. At the age of nine, he was allowed to use the family computer for the first time. He played browser games, explored the PC’s software and became more and more accustomed to technology.
Before long, he had the family computer in his own room – and while other kids went outside to play, he programmed his own gaming forums and websites. Back then, he already knew that he wanted to continue in this direction.
Not the last founding project
After completing his “Abitur”, Pult enrolled at TUM and studied Engineering for two semesters before moving on to TUM-BWL. For him, studying was always more than just visiting lectures: “For me, studying is about meeting new people, establishing new contacts, to make progress in various ways”. He is humble about the fact that he can look back on several successful founding projects before even graduating from university. It’s the fun of it that comes first.
Pult does not yet have any specific plans for the time after graduation. He says: “In any case, I want to run my own business.” If the fitness towel sells well, he might keep it up. Almost certainly, this will not be his last project as a founder.
More information:
Manage&More at UnternehmerTUM
Manage&More on Facebook