Ferencz Otvos, the founder of Greengrid Tech Systems B.V., always dreamed of entrepreneurship that would positively impact the future. His company focuses on renewable energy sources such as sunlight, wind, rain, tides, waves, and geothermal heat, which have a much lower environmental impact than fossil fuels.
The vision
Ferencz came up with the idea for his business with a vision to make the world a better place. "Entrepreneurship has always been a goal for me," he says. He quickly realized that adaptability, creating solutions, and networking are the basic elements to move forward.
Ferencz did not hesitate to choose a specific legal structure for his business. "The idea I had was two years in the making before I started this concept," he explains. This preparation allowed him to confidently establish Greengrid Tech Systems B.V. and lay a strong foundation for its operations.
The journey
The start of his entrepreneurial journey was not easy. Ferencz invested personally and learned valuable lessons along the way.
This perseverance and willingness to learn from mistakes have helped him overcome obstacles and advance his business. He prepared for entrepreneurship by gaining skills through extensive practice, which equipped him to navigate the initial challenges and uncertainties.
"You have to be prepared to lose also to win. What I have been learning from this is to stay focused and learn from my mistakes."
Standing out
To stand out in a competitive market, Ferencz focuses on professionalism and quality. "The way I stand out and differentiate myself is to deliver the best product with professionalism and quality work," he states. This commitment has not only earned him a loyal customer base but also built strong, lasting relationships with his clients.
Work-life balance
He carefully balances his social life and entrepreneurship by adhering to a strict schedule. This discipline ensures he maintains control both professionally and personally. "I create a time frame that I respect so everything stays balanced and I don't lose control of either aspect of my life," he shares.
"Stay focused in any circumstances and don’t get distracted."
The future
Looking to the future, Ferencz aims for stability for his company, a better future for society, and creating employment opportunities for the younger generation. His ambitions go beyond his current enterprise, with plans to possibly start more businesses in the future. "My future goals are to stabilize the company, contribute to a better future, and create employment opportunities for the younger generation," he explains.
The golden tip(s)
Ferencz has a simple but powerful message for aspiring entrepreneurs: “Stay focused in any circumstances and don’t get distracted.” And finally, he repeats the best advice he has ever received: "You can't move a mountain in a short time. Embrace patience, don't chase money, and deliver quality."