From the STEP Alum

Maximilian Beck (Exchange Student)

February 27, 2019

Disclaimer : Previously published on Thump 6.0, IIMU’s yearly Alumni Magazine

Being offered a scholarship for the reputable MBA program at the Indian Institute of Management as a former student at the Friedrich-Alexander-University in Nuremberg (Germany) gave me the unique chance to embark upon a new adventure in my life. Being exposed to a completely new country & study system while finding myself in a different language & culture in one of the largest countries on this globe helped me to grow not only my business skills but also my mindset.

Accepting my scholarship for the IIM in Udaipur was the start of one of the most exciting times in my life. Within the first couple of weeks at the IIMU I not only made friends with several dozens of bright and motivated Indian students on campus but also gained great insight into the local culture, the well renowned Harvard based studying system as well as the beautiful city Udaipur, which is called the city of lakes for a reason.

Having been exposed to such a reputable MBA program at “the Harvard of India” has greatly facilitated to land a series of high-ticket job offers at reputable industrial companies as well as in Management Consultancies.

After my return from India, I have been working for the chemical company BASF for almost the last 3.5 years as a Global Supply Chain Manager across various countries. However, having been an entrepreneurial thinking person since childhood I recently decided to move on, built my own e-commerce company that I sold in August 2018 and eventually joined a US-based start-up called “101 Commerce” in October 2018 as the General Manager for Europe.

With 101 Commerce we are about to build one of the largest global e-commerce platforms that will power hundreds of private label brands across a diverse range of product categories. Our goal in for the next two years is to acquire, invest in, and launch multiple brands that primarily utilize the operating leverage of Amazon’s FBA (Fulfilled by Amazon) platform.

Since India’s e-commerce platforms are rapidly growing year over year and still offers many untapped opportunities, we are currently rapidly developing our expansion plans to India for our EU and US-based brand portfolio.

If you can image to join a team of experienced operators that have done this before and built billions of dollars of aggregate value across multiple companies, I would love to hear from you. We want to touch hundreds of millions of consumers by building 101 Commerce into one of the most unique e-commerce companies.