Sound of Business

Advantage Austria US

Welcome to the Sound of Business where the Austrian-American business society comes together to share surprisingly ingenious ideas and opportunities for economic growth. Michael Friedl and his team at Advantage Austria US created the "Sound of Business" to bring to you interesting personal stories and insights from thought leaders and experts to inspire you in your entrepreneurial journey – always with an Austrian twist. ADVANTAGE AUSTRIA USA is a market intelligence and innovation agency, promoting trade between Austria and the United States. We assist businesses interested in the Austrian market and consult Austrian businesses expanding to the U.S., Austria’s second most important export market. We also provide trade related information and connect business partners and suppliers - FAST and for FREE. Our local experts support you to get the information and connections you need to grow your business. You can find us in New York, Chicago, Los Angeles, Washington, San Francisco and Atlanta. read less
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Episodes

#14 NYC Startup Ecosystem - Back on Track with Brian Frumberg
Jan 21 2021
#14 NYC Startup Ecosystem - Back on Track with Brian Frumberg
Tune in and listen to Florian Krisch, our Sector Manager for Startups & Innovation interviews one of New York’s startup gurus. Over the last years, Brian Frumberg has transformed VentureOut into a well established platform for foreign startups seeking to enter the U.S. market. Hundreds of companies participated in customized VentureOut programs and collectively raised over two billion USD in Funding from investors. Enjoy 40 minutes of condensed “startup-talk”, learn what is going on in NYC’s innovation ecosystem and how founders can react to the ongoing crisis. Main topics:Digital transformation: How VentureOut went from 100% in person to fully virtual and maintained its revenue streamHow to raise funds remotely during the pandemicWhat to expect from the new U.S. Administration in terms of their startup policiesBrian’s personal take on the NYC startup ecosystem – What could be the next “hype”About BrianBrian is the CEO and founder of VentureOut, which he launched in 2012 while working at Gotham Ventures, an early-stage venture capital fund. He started VentureOut as a vehicle to help bridge the gap between the innovators around the world and the opportunities available to them in the New York and San Francisco technology ecosystems.Prior to VentureOut, Brian’s career has spanned venture, at Gotham Ventures, consulting, supporting early stage tech startups in NYC, business development, at OTR Global, and sales, as the youngest institutional salesperson globally at Standard & Poor's. Brian received his Bachelor of Science in Business Administration from the University of Richmond.About FlorianFlorian Krisch acts as a sector manager for startups and innovation at Advantage Austria’s New York office. Over the last 4 years, he has advised numerous Austrian startups on their U.S. market entry strategy and organized one-week long fast accelerator programs. Florian seeks to foster meaningful relationships between the Austrian startup ecosystem and stakeholders in NYC.
#13 Lighting up the Holidays - Christmas Sparkles made in Austria with Dan Casterella, CEO American Christmas, an MK Illumination Company
Dec 24 2020
#13 Lighting up the Holidays - Christmas Sparkles made in Austria with Dan Casterella, CEO American Christmas, an MK Illumination Company
In this episode Petra, the office manager of the Austrian Trade Commission in New York, talks to Dan Casterella, CEO of American Christmas, an MK Illumination company. Dan Casterella talks about how the "Magic of Christmas" is created and how this iconic American company became Austrian and is now spreading cheer around the world. American Christmas has been in charge of a large share of NYC's holiday decoration for years. In this episode you will hearwhat were some of the most challenging decorating projectswhere you can take a stroll in NYC to find traditional and new creationswhy NYC businesses decided to decorate in this difficult year 2020and why NYC is the "Christmas Capital of the World"American Christmas was acquired by Austrian company MK Illumination, a world leader in holiday decorations and light installations. This has started a whole new chapter and brings exciting new opportunities for the traditional American company. We look forward to seeing many more projects from American Christmas and MK Illumination in the future. Dan Casterella has had a long career with the company, starting by counting ornaments to production to sales, overseeing production and visiting facilities around the world to gain moe knowledge about the industry. He will tell us what makes his job so fascinating and why becoming part of MK Illumination is a great opportunity for the company but also himself personally.
#10 From working for a large corporation to starting a niche business with Michaela Grob
Nov 13 2020
#10 From working for a large corporation to starting a niche business with Michaela Grob
In this episode, Verena talks to Michaela Grob about leaving a job at a large tourism corporation to starting a vegan cheese shop and the challenges involved.Michaela speaks about the main differences of working for somebody else compared to working for oneself, running a standalone store versus operating a booth inside a large food market.They also speak about the growth of the plant based food sector in general and how her shop, Riverdel, has adjusted operations during Covid.The following topics will be discussed:making a complete career change to fulfill one´s dreamthe use free resources available to get goingthe challenges involved in running a business, in particular in 2020the rise of the plant based food sectorAbout Michaela:Michaela´s  background is in the hospitality and travel industry, which has allowed her to explore many countries, cultures and different foods. Originally from Austria, Michaela grew up on a meat heavy diet. She also always loved animals, and eventually realized that she can not support a diet consistent of animals and call herself an animal lover. She made the switch to a vegan diet about 6 years ago and has never looked back. After giving up her corporate sales career in 2014 she decided to open a vegan cheese shop in Brooklyn, called Riverdel (named so after two of her pets “River” and “Fidel” = “River-del” ). Host:Verena recently joined the team at Advantage Austria after having worked in the hospitality industry for the past five years. She has worked in a three Michelin star restaurant as well as in more casual establishments. At Advantage Austria, she helps Austrian food, drink and creative companies wishing to export their products to the US market.
#9 Innovation, Trade and Diplomacy in the Age of COVID-19 with Julia Puaschunder, Researcher at Columbia University
Oct 22 2020
#9 Innovation, Trade and Diplomacy in the Age of COVID-19 with Julia Puaschunder, Researcher at Columbia University
In this episode we welcome Julia Puaschunder, who currently teaches Economics at the Parsons School of Design of the New School and conducts research at Columbia University. Julia will discuss the following topics:Innovation & Trade in the COVID-19 EraCurrent Trends in Health, Hygiene and De-UrbanizationHow the Education Sector and Specifically US Universities Had to AdjustGovernance and Digi-Diplomacy Julia will be interviewed by Daniel Moertl, our Technology and Innovation Officer at Advantage Austria in New York. Together they will elaborate on the many ways COVID-19 has changed the aforementioned industries and propelled the adoption of digital technologies even further. We will touch on how telemedicine and digitalization in healthcare as well as global access to online education could finally bridge the gap of inequality in access to healthcare and education around the globe. Nevertheless, since the beginning of the pandemic, it looks like social inequalities have only become more apparent and widened even further.About JuliaJulia Puaschunder is a Prize Fellow in the Interuniversity Consortium of New York. She currently teaches Economics at the Parsons School of Design of The New School and conducts research at Columbia University here in New York. Julia was born and raised in Austria and lives, what she personally calls, an “Austrian American dream” with her roots and heart being Austrian, but having her heart beat to an American tact after living in the US for over a decade.After some time at Harvard University on a Max Kade Foundation Scholarship specializing on Behavioral Economics, Julia started a Prize Fellowship in the Interuniversity Consortium of New York in 2014. At Columbia University, she collaborates with Graciela Chichilnisky who currently invents a Global Thermostat machine that is ‘harvesting the sky’ – commercializing CO2 emissions from the atmosphere for soft drinks and concrete production. Most recently, Julia conducted research at Yale University on anti-corruption in digitalized healthcare around the world until the outbreak of COVID-19.
#8 The Future of FinTech with Nicole Vogrin, Western Union
Oct 15 2020
#8 The Future of FinTech with Nicole Vogrin, Western Union
In Episode 8 of our Sound of Business Podcast show we are very happy to welcome Nicole Vogrin, Chief Corporate Affairs and Communications Officer at Western Union as our guest speaker. As a global leader in cross-border, cross currency money movement and payments Western Union is at the forefront of the most recent trends, developments and innovation in the FinTech sector. Born in Vienna Nicole joined Western Union in 2009 and held several roles in Europe and the United States learning the industry inside out. Today she will talk abouther very personal career path from Austria to the U.S. & how Austrians can be successful in the U.S,the Future of Fintech, the impact of COVID-19 to the industry and the business model of Western Union,and the role of immigration and migration within the FinTech sector. Bio of Guest SpeakerNicole Vogrin became Western Union’s (WU) Chief Corporate Affairs and Communications Officer in 2019 when she was tasked with spearheading the company’s global corporate brand, affairs and communications strategy with a focus on elevating and protecting the company’s reputation. In this role, Vogrin actively shapes Western Union’s environmental, social and governance (ESG) commitment while strategically aligning it to the company’s global advocacy. She is based at the company’s global headquarters in Denver, Colorado.Self Description of Western UnionThe Western Union Company (NYSE: WU) is a global leader in cross-border, cross-currency money movement and payments. Our omnichannel platform connects the digital and physical worlds and makes it possible for consumers and businesses to send and receive money and make payments with speed, ease, and reliability. As of June 30, 2020, our network included over 550,000 retail agent locations offering our branded services in more than 200 countries and territories, with the capability to send money to billions of accounts. Additionally, westernunion.com, our fastest growing channel in 2019, is available in over 75 countries, plus additional territories, to move money around the world. With our global reach, Western Union moves money for better, connecting family, friends, and businesses to enable financial inclusion and support economic growth.
#7 Hospitality, Hotels and Hope with Guntram Merl from the St. Regis Atlanta
Oct 9 2020
#7 Hospitality, Hotels and Hope with Guntram Merl from the St. Regis Atlanta
In Episode 7 we talk about:how it is important to have a solid base and being an “expert at something” in an international careerHospitality & Covid-19Innovation as key to future in hospitality businessIn this episode, Petra talks to Guntram Merl, the General Manager of The St Regis Atlanta. Guntram was born in Austria and looks back at an impressive international career, which started in the kitchen of a 700 room hotel in London with 150 chefs and led him to Australia, the Caribbean and finally the United States where he switched from the food and beverage to the management side of hospitality.Guntram will tell us why the true craftsmanship in hospitality lies in the luxury sector and what he thinks the future holds. Also, he will tell us how his hotel was affected by the worldwide COVID pandemic and all the changes that had to be implemented in a short time. The hotel has been hit hard, especially on the event side as all social and corporate events had been scratched. But there is also hope and the confidence in returning customers allow for a brighter outlook. Another important business for The St Regis Atlanta is the entertainment industry, which is already starting to rebound. For the future, Guntram foresees innovative trends to play a larger role.Speaker:Originally from Carinthia, Austria, Guntram Merl has had an impressive international career. The concept of “hospitality” has been instilled in him at a very young age in his home where guests and family members were always welcome and Sunday lunches had to be done in shifts to accommodate all. A solid education in Austria and hard work and long hours in seasonal tourist resorts were the base for his international success. His training programs and pit stops in London, Australia and the Caribbean brought him to The St Regis Atlanta, the top address for luxury stays in the area. Guntram manages all aspects of the 156- room hotel as well as the 53 private residences of high net worth individuals and an extensive event business.Host:This episode is hosted by Petra our office manager who also always keeps an eye on the travel industry and has observed its impact during the current pandemic including extensive travel bans between Europe and the United States and radical behavioral changes in the transportation and hospitality sector.
#6 Will we ever shop again the way we used to? with Barbara Badelt-Ford
Sep 24 2020
#6 Will we ever shop again the way we used to? with Barbara Badelt-Ford
In this episode, Julia covers together with fellow Austrian Barbara Badelt-Ford, one of the most American activities ever: shopping! The US is a classic buyer’s market and the customer has probably more rights than anywhere else in the world.Barbara will tell us more about how culture plays a vital part in consumer behavior and we hear about the main differences between China, Europe and the US. Of course, in 2020 Covid-19 has also impacted the retail industry like no other crisis before and the pandemic has accelerated the rollout of new technologies, in particular in the payments and point-of-sale (checkout) space. It’s too early to say if we will ever shop again the way we did pre Covid-19 but in order for brick and mortar stores to stay relevant, retailers need to merge online and offline shopping into a truly unified experience for the shopper. Choosing the right technology partners and enabling staff with these technologies is the key to success!Bullet Points:How culture affects consumer behavior Retail & Covid-19Tech in Retail and the future of physical RetailBio:Originally from Vienna, Barbara lived in London before moving to New York in 2019. Over the last decade, she has worked with retailers on their point-of-sale and payments technologies, with a special focus on retail tourism and, in particular, creating the in-store experience for the Chinese traveler. Most recently, Barbara started a new role at Adyen Inc., the payments platform of choice for many of the world’s leading companies.  In her role, she helps build and scale Adyen’s ecosystem and unified commerce strategy with retail and e-commerce partners.  Host:This episode is hosted by Julia our communication and events manager who also covers the areas Consumer Goods and Lifestyle at Advantage Austria New York.
#4 Challenging Times for the NYC Tech Ecosystem - with Fabien Legland from BNY Mellon
Aug 6 2020
#4 Challenging Times for the NYC Tech Ecosystem - with Fabien Legland from BNY Mellon
In this episode Fabien will discuss with you the following topics:Challenges for the NYC startup ecosystem during the ongoing Covid19 crisis.How can startups and large corporations improve their cooperation?What are common red flags foreign startups coming to the U.S. should avoid?Future areas of growth: How did Covid19 change how investor’s view startups?It is time for a holistic look on the New York City tech ecosystem. This time our startup & tech guy Florian Krisch will interview Fabien Legland from BNY Mellon. The two will talk about the challenges for the dynamic NYC startup ecosystem and how the pandemic disrupted it. Fabien will provide insights from his day-to-day business and explain how startups can increase their chances of onboarding a new corporate client. Especially in B2B sales, featuring extensive negotiations and complex solutions, the right approach is key to success. In addition, Fabien and Florian will talk about the investment landscape and recent trends they witnessed. About FabienFabien has more than 15 years of experience in the field of IT management. He spent 3 years working at a major consulting group in Europe, helping large public and private clients to execute digital transformation, followed by 12 years at French banking heavyweight Credit Agricole, where he acted as head of sourcing and procurement and as the head of project management and digital transformation. Fabien joined Wall Street bank BNY Mellon’s Technology Business Management group about a year ago. In his new role, he has led initiatives to drive cost optimization and boost the digital innovation. Besides his full-time banking job, Fabien is also a mentor and advisor to startups looking to expand in the U.S. market. He has led several learning expeditions for large European corporations in the U.S. and strives to foster innovation by connecting startups, investors and large corporations. About FlorianFlorian Krisch acts as a sector manager for startups and innovation at Advantage Austria’s New York office. Over the last 4 years, he has advised numerous Austrian startups on their U.S. market entry strategy and organized one-week long fast accelerator programs. Florian seeks to foster meaningful relationships between the Austrian startup ecosystem and stakeholders in NYC.
#1 Finding the Truth through Video Journalism with NY Times Video Analyst Christoph Köttl
Jun 30 2020
#1 Finding the Truth through Video Journalism with NY Times Video Analyst Christoph Köttl
It has become more and more common to consume news and media digitally and on the go. We want to be up to date whenever and wherever we are. Not only has the need for availability and actuality increased but also our primary source of information has shifted away from the morning newspaper and the evening news program to a vast array of platforms with infinite and unregulated content creators. We are thus more independent than ever in choosing whom we want to trust and which information, we want to believe in. With this freedom to choose our own source or even create our own content comes also comes the responsibility to identify the factual truth. With a simple click, we share pictures, videos, statements and ideas and support its spread among our peers and the world. Regardless whether it is true or not a story that goes “viral” can very quickly have implications on people’s lives, businesses and even politics. Within that spectrum, videos are taking a particularly relevant position as we easily connect with the moving image, the emotions and situations shown and we are more likely to believe a situation that we see unfold “right in front of our eye”. The famous New York Times has established a team of very specific video journalist with a particular skill set who specialize in analyzing video based stories, verifying their authenticity and given a holistic context of a situation always hunting – the truth! Christoph Köttl, a fellow Austrian is one of those video journalists and in our first podcast episode, he will share with us insights in his very personal and professional battle against misinformation and fake news. This is the story of Christoph Köttl, This is the Sound of Business!