Wharton | Mr. European Finance
GMAT 740, GPA 3.3-3.7 range - Second Class Honours
Harvard | Ms. Social Do-Gooder
GRE 330, GPA 3.14
Columbia | Mr. Retail Consultant
GRE 337, GPA 2.9
Wharton | Ms. Woman In STEM
GMAT N/A, GPA 3.68
Ross | Mr. Global Finance Consultant
GMAT 730, GPA 2.88
SDA Bocconi | Mr. Auction King
GMAT 730, GPA 3.6
Stanford GSB | Mr. Lucky Loggie
GMAT 750, GPA 3.29
Harvard | Mr. PM Looking For Something New
GRE 330, GPA 3.71
Harvard | Mr. International Business
GMAT 750, GPA 3.3
Berkeley Haas | Mr. Brainiac
GRE 330, GPA 3.71
Tuck | Ms. Ballerina
GRE 640 on practice test, GPA 3.8
Kellogg | Mr. Baseball Analytics
GMAT 720, GPA 3.62
Duke Fuqua | Ms. Sustainable Food Manufacturing
GMAT 710, GPA 2.94
Harvard | Ms. Community Engagement
GRE 320, GPA 3.4
MIT Sloan | Mr. CPG Senior Manager/ Climbing Enthusiast
GMAT 720, GPA 3.6 (Top 5%)
Stay informed.
Sign Up!
PQ Logo
Featured Schools
Search for:
Toggle navigation PQ Logo
Today's Featured Schools
Featured Schools
  • Search for:
  • Sign In
  • Register
  • News
    • MBA News
    • Case Study: Industry Newsletter
    • Archives By Category
  • Rankings
    • Rankings Home
    • Poets&Quants Top 100 MBA Ranking
    • Poets&Quants International Top 50 MBA Ranking
    • Poets&Quants Best Online MBA Ranking
    • Best MBA Programs For Entrepreneurship
  • Schools
    • MBA Programs
    • Cornell Johnson MBA Handbook
    • Executive MBA Programs
    • Online MBA Programs
    • Specialized Masters Programs
    • BU Questrom
    • Kelley Direct Day In The Life
    • Insider’s Guides to the Top Business Schools
    • School Videos & Deep Dives
  • Admissions
    • MBA Admissions News & Advice
    • MBA Admissions Consultant Directory
    • MBA Game Plan With Fortuna Admissions
    • Handicapping Your MBA Odds
    • Calculate My MBA Odds
    • Podcasts By P&Q
  • Financing
    • Financing Your MBA
  • GMAT / GRE
    • Test Prep Advice & News
    • Target Test Prep
  • Students
  • Jobs
  • EMBA
  • Online MBA
  • Masters
  • Events
  • Videos
  • Home
  • News
    • Case Study: Industry News
  • Rankings
    • Top 100 MBA Ranking
    • Top 50 International MBA Ranking
    • Top Programs For Entrepreneurship
    • Top Online MBA Ranking
    • All MBA Rankings
  • Schools & Programs
    • MBA Programs
    • Cornell Johnson MBA Handbook
    • Executive MBA Programs
    • Online MBA Programs
    • Specialized Masters Programs
    • BU Questrom
    • Kelley Direct Journal
    • Insider’s Guides To Top Schools
  • Admissions
    • Admissions News & Advice
    • Admissions Consultant Directory
    • MBA Adventure With Fortuna Admissions
    • Handicapping Your MBA Odds
    • Calculate My MBA Odds
  • Financing
    • Financing Your MBA
  • GMAT / GRE
    • Test Prep News & Advice
    • Target Test Prep
  • Students
  • MBA Jobs
  • Executive MBA
  • Online MBA
  • Specialized Masters
  • Events
  • Videos & Podcasts
  1. Home
  2. Specialized Masters Student Features
  3. Meet The MiM Entrepreneurs Of 2020: Malte Lorenz

Meet The MiM Entrepreneurs Of 2020: Malte Lorenz

by: Matt Symonds on November 16, 2020 | 477 Views
November 16, 2020
    • Copy Link
    • Share on Facebook
    • Share on Twitter
    • Email
    • Share on LinkedIn
    • Share on WhatsApp
    • Share on Reddit

MiM entrepreneurs 2020 Malte Lorenz

Malte Lorenz

ESMT Berlin

Co-Founder of Karl Karlo and Hungry Ventures

Hometown: Hannover, Germany

Fun Fact About Yourself: At 6’4, I’m the smallest among my siblings.

Undergraduate School and Major / Degree programme: FHDW Hannover – B.A. in Business Administration & Insurance

Describe your biggest accomplishment in your life so far:  I’d have to say that there are two:

– Having exited my first venture.

– Being cash flow positive from day 1 and having created 7 jobs at my current venture.

Was Entrepreneurship always your career goal? Not at all! As a teenager, I was extremely fascinated by reinsurance. Thus, I started off in the industry and spent the first four years of my professional life reinsuring hotels in the Caribbean. That’s the career I initially thought I was going to pursue.

Throughout my studies at ESMT and by being exposed to Berlin’s vibrant startup ecosystem, however, I started to become more and more interested in and got extremely excited about entrepreneurship!

What led you to pursue an MiM at this point in your personal development? At the time, there were two main factors: my academic curiosity and the tremendous employability associated with having a MiM degree.

How did you decide if a MiM was worth the investment? Looking at the academic rigor, reputation, and network of a top-tier business school, I never had any doubts about the MiM being worth the investment.

What other MiM programs did you apply to? How did you determine your fit at various schools? None. Initially, I was planning to apply to a handful of schools in the UK and in Germany, but wanted to get a feeling for the schools before applying. ESMT was my first stop and just felt like the right place for me – so I decided: That’s where I want to be!

What was the key factor that led you to choose this Masters in Management and why was it so important to you? In addition to its location and the integrated internship, I chose ESMT because of the extremely international student body and the university’s emphasis on a social market economy and stakeholder value.

Tell me about your venture: I founded my first venture, Karl Karlo, because my co-founder Henrik and I were unable to find the right snack to boost us through energy slumps. Thus, we quit our jobs to create what we were looking for: organic, environmentally and socially sustainable energy balls. Within the first 6 months, we were able to secure shelf space in Germany’s largest supermarket chain and aboard an airline. Being a boot-strapped startup, we then needed a strategic partner to enable further growth. We found that partner in Melitta, who ended acquiring the whole brand at the beginning of 2019.

Today, I am continuing my entrepreneurial journey at a different venture: Hungry Ventures: An innovation consultancy and venture builder for companies in the food industry. Our clients include corporates such as Mondelez, Ritter Sport, and EDEKA. We’ve spun off Hungry Ventures in November 2019 and have grown our team to 7 people since then without raising any external funding.

How has your business school experience helped you in creating and launching your business? Being at ESMT has helped me tremendously. Not only has it given me the necessary technical tools, but also the confidence to become an entrepreneur. In addition, ESMT’s network and alumni are a great asset and have opened various doors for me.

What activities/experiences have most benefitted you on your entrepreneurship journey during your time at business school? Looking back, there are two main activities. First, the fact that ESMT is teaching by the case method which fostered my entrepreneurial thinking. Second, the integrated Social Impact Project which I completed in Lima, Peru. It showed me how much a motivated team can achieve in a very short amount of time – even, when starting from scratch.

What quality best describes the MiM classmates you’ve met so far and why? The quality that best describes my classmates would be reliability – I could always count on them.

What is the biggest/most important lesson you have learned during your studies? Hard work and dedication pay off.

What are the next steps for you / your entrepreneurial venture? Being primarily focused on supporting clients from the German-speaking countries at this point in time, internationalizing the business will be the next big step for Hungry Ventures.

Where do you see yourself in five years? Continuing to lead Hungry Ventures!

DON’T MISS: MEET THE MIM ENTREPRENEURS OF 2020

Comments or questions about this article? Email us.

Trending
Congrats to Nilam Kaushik of the Indian Institute of Management, Bangalore for being named a 2023 Best 40-Under-40 MBA Professor.

2023 Best 40-Under-40 MBA Professors: Nilam Kaushik, Indian Institute of Management, Bangalore

Ranking: India’s Best Business Schools

The New Shorter GRE: Less Than Two Hours Long

2023 40-Under-40 Best MBA Professors

P&Q’s 40-Under-40 Best MBA Professors Of 2023

Tagged: Class of 2020, ESMT Berlin, Malte Lorenz, Masters in Management, MIM, MiM Entrepreneurs

Post navigation

Previous Article: Meet The MiM Entrepreneurs Of 2020: Dieter De Mesmaeker 
Next Article: Meet The MiM Entrepreneurs Of 2020: Misha Patel
  • Stay Informed. Sign Up! Login
    Logout
    Follow Us
  • What Matters? And What More? 50 Successful Essays To The GSB & HBS
  • Specialized Masters Program Directory MBA Admissions Consultant Directory Online MBA Hub Home Assess My MBA Odds Fantasy MBA Ranking
  • This Weeks Most Viewed
    • 2023 Best 40-Under-40 MBA Professors: Nilam Kaushik, Indian Institute of Management, Bangalore (19,251 views)
    • Ranking: India’s Best Business Schools (17,798 views)
    • The New Shorter GRE: Less Than Two Hours Long (13,132 views)
    • P&Q's 40-Under-40 Best MBA Professors Of 2023 (10,071 views)
    • MBA Application Deadlines For The 2023-2024 Admissions Cycle (8,006 views)

Our Partner Sites: Poets&Quants for Execs | Poets&Quants for Undergrads | Tipping the Scales | We See Genius

About Poets&Quants | P&Q News Archives | Privacy Policy | Advertising & Partnerships | Editorial | Contact Us | Sign In / Register

Copyright© 2023 Poets&Quants, Inc. All Rights Reserved.

Website Design By: Yellowfarmstudios.com