Month: June 2025

A conversation with Kasper Albers

Kasper, who are you and what does Borro do?

I’m Kasper Albers, based in Brussels. About a year and a half ago, I co-founded Borro with Glen Verhaeghe, a product developer from Antwerp. I handle the commercial and financial side. Borro enables large-scale reuse through a digital deposit system, focusing on football stadiums, concert venues, and theme parks—places with high volume, closed environments, and recurring events.

When did you decide to go full-time with Borro?

Kasper: After being accepted into the IMEC iStart accelerator program, we had to make a choice: continue part-time or go all in. We opted decisively for the latter. At the same time, we made a strategic shift: away from foodservice and toward large-scale events, where the potential is much greater.

How did that shift come about?

Kasper: In foodservice, we worked with reusable bowls, but the volumes were too low. Large events like festivals and football matches demand speed and scale. When we joined IMEC iStart, we saw the opportunity to validate our digital system with football clubs—and it worked.

How did you and Glen start working together on Borro?

Kasper: Glenn is the original creator of the concept. We had previously worked together in a non-profit at the start of the COVID crisis. After a break, he reconnected with his idea, and I joined to help build the commercial side. Our skills complement each other well.

How did you test whether the idea worked?

Kasper: We started from real-world frustrations. Three criteria were essential to us: intuitive, simple, and affordable. Many existing systems failed on at least one of those points. We conducted interviews with clubs and ran a successful pilot at Anderlecht. That gave us confidence—and helped with our first investment round.

Did you raise funds via ‘friends, family & fools’?

Kasper: Not really. We received startup capital from IMEC iStart but worked without pay for the first six months. Later, we raised capital through Seeder Fund, another IMEC fund, and four private investors from our extended network—not direct friends or family.

What’s your growth strategy?

Kasper: We focus on venues with high volumes, closed settings, and recurring events. Think stadiums, concert halls, theme parks. We approach customers directly—through connections or LinkedIn. We position Borro as a digital layer between the cash register and the cup supplier—in collaboration, not in competition.

What defines your ideal customer?

Kasper: Customers with clear pain points: frustrated visitors, manual handling, hidden costs from fraud or refunds. They have high volume, repetition, and an open mindset toward innovation and sustainability.

How do you approach customer acquisition?

Kasper: Through various channels: warm introductions, LinkedIn, inbound leads. Always with a focus on mutual reinforcement, not as a threat. We want partnerships, not traditional sales relationships.

What are the biggest challenges for further growth?

Kasper: Staying focused and choosing the right partners. We get many interesting inquiries but need to be strict in our selection. Building long-term partnerships that really add value is also crucial.

Are you ready for international expansion?

Kasper: Yes. We already ran a successful pilot in the Netherlands. For us, Belgium and the Netherlands are really one market. We’re also seeing interest from other European countries.

How do you ensure partnerships don’t become non-committal collaborations?

Kasper: By offering a product that strengthens the partner without undermining their core business. The collaboration must provide strategic value for both sides.

How do you maintain your lead over the competition?

Kasper: By developing faster and working with the right partners. In addition, we’ve developed and protected our own technology, which makes copying more difficult. But we’re aware that competitors will still try.

What are possible risks of failure?

Kasper: Bad hires at an early stage. The first five people you hire determine whether you accelerate or slow down. We’re being very sharp about that.

Kasper, any final message about entrepreneurship?

Kasper: Although I have a background in innovation and entrepreneurship studies, much of what we did was based on intuition. We’ve learned that you need to be comfortable with uncertainty, act fast, and learn along the way.

Lessons Learned from the Conversation with Kasper

The 5 Key Lessons from the Cockpit Conversation

1. Focus on real customer problems and simplicity

Borro started from concrete frustrations voiced by customers and users. By focusing on intuitive, simple, and affordable solutions, they managed to become relevant and impactful quickly. Customer-centric thinking and action form the foundation for sustainable growth.

2. Validate iteratively and learn fast

The team tested their solution directly in practice with major clients (like Anderlecht), which not only built confidence but also provided instant feedback. By working iteratively and learning from pilots, they were able to improve quickly and accelerate growth opportunities.

3. Complementary team with clear roles

The collaboration between the founders—with each having their own area of expertise (commercial/financial vs. product development)—formed a strong foundation. A complementary team with clearly defined responsibilities is crucial in the early growth phase.

4. Strategic partnerships as leverage, not a threat

Borro deliberately chooses partnerships that offer mutual benefits. By positioning themselves as the digital layer between the cash register and the cup supplier, they strengthen existing players instead of competing. This opens doors and speeds up adoption.

5. Focus and discipline in decision-making

Although many opportunities exist, Borro remains loyal to its core market and consciously says ‘no’ to distractions. That focus—on large, closed, and recurring events—ensures that resources are used efficiently and growth is structural.
These five lessons capture the essence of the cockpit conversation and provide a practical framework for other entrepreneurs looking to grow strategically.

Choosing Means Losing – Or Actually Winning?

What struck me immediately about Nicolas was his uncompromising focus. FiftyFivePlus is there for people aged 55 and over, period. Not for those in their forties, not for younger people. That choice takes courage. In a market where everyone wants to serve “everyone,” Nicolas deliberately chose a niche that is often overlooked. He explained how challenging it can be to say no to projects outside his target group, but how that clarity actually builds trust—both with clients and with the target audience itself.

His approach confirmed something I increasingly see among entrepreneurs: those who try to be everything to everyone, ultimately become important to no one. A sharp choice is not a limitation, but a lever. It forces you to focus your offering, communication, and energy on the people you truly want to reach.

Keep Talking When Times Are Tough

Nicolas shared a second insight that stuck with me: communication is not a fairweather friend. Especially when the economy is tough, when the market is uncertain, he keeps actively calling and engaging in conversations. Not to push, but to listen and maintain relationships. It’s an approach that may seem old-fashioned, but in practice, it makes all the difference—especially for his audience, who value personal contact.

This reminds me of the story of Euristiq from the WAW series: a Ukrainian software company that, during the war, consciously continued to invest in human contact and proactive outreach, even from bomb shelters. There too, it became clear: you don’t build trust with newsletters, but by truly being there—especially when others fall silent.

Experience as Undervalued Capital

What connected us in the conversation was a belief in experience. In a world often obsessed with young talent, Nicolas recognizes the power of people with a backpack full of life lessons. Those over 55 have learned to choose, to put things in perspective, to fail, and to get back up. That wisdom is not a burden, but an indispensable asset for companies that want to grow with impact.

This touches on a broader trend: experience as capital. Not as nostalgia, but as a source of resilience and focus. In turbulent times, it’s often the seasoned professionals who make the difference—precisely because they know that staying on course starts with daring to choose.

The Cockpit Metaphor: Entrepreneurship Is Navigation

What I take away from this encounter—and from the stories in the WAW series—is that entrepreneurship is, above all, about navigation. You’re at the controls, but the route is rarely straightforward. Choosing a direction takes courage. Continuing to communicate takes discipline. And experience is the compass that helps you adjust course when the storm hits.

These are universal lessons, but they gain extra meaning when you hear them from entrepreneurs who have lived them. Whether it’s a start-up in business coaching or a platform for senior talent: the common thread remains the same. Dare to choose. Keep the conversation going. And see experience not as something from yesterday, but as fuel for tomorrow.

From Automotive to Ecosystem: Daring to Choose and Thoroughly Research

After more than fifteen years in the automotive sector, Artan feels his personal growth has stalled. Instead of clinging to security, he chooses to follow his passion: connecting Kosovo and the Netherlands in business. Notably, he doesn’t immediately search for the first client, but invests six months in thorough market research. Without calling it that, he applies the Jobs-to-be-Done methodology by Christensen: he does not start from a product or service, but investigates what progress (“jobs”) companies in the Netherlands and Kosovo truly want to make, what pains they experience, and what gains they are looking for. Only when those underlying needs are clear does he develop his offer and build his ecosystem. For salespeople, this is an essential lesson: start from your customer’s real need, not from your own solution.

Building Relationships According to the Business Relationship Development Model by Edvardsson

Artan’s approach closely resembles the Business Relationship Development Model by Edvardsson, which describes how prospects go through three phases: from unknown, to recognized, to desired. By first investing in market research and building trust—with governments, local partners, and businesses—he positions Business Match Kosovo as a reliable link in the international ecosystem. His journey shows that sustainable growth starts with laying a strong foundation, not with quick deals. For salespeople too: relationships develop in stages, and each phase requires a different approach.

Entrepreneurial Selling According to Deutsch & Wortmann: Co-creating Value and Being of Service

What makes Artan unique is his ability to continuously co-create value with his clients, a core principle of Entrepreneurial Selling as described by Deutsch and Wortmann. He doesn’t sell off-the-shelf solutions but listens, connects, and builds long-term partnerships. His business model—with fixed fees, staff leasing, and subscriptions—is flexible and always focused on reciprocity and transparency. Service and clear boundaries go hand in hand for him: he manages a maximum of five projects at a time to guarantee quality and focus. For sales professionals: this is the difference between selling and truly helping.

Lean Startup According to Ries: Experimenting, Learning, Scaling

Business Match Kosovo is a textbook example of the Lean Startup methodology by Ries. Artan starts small, tests his concept in different sectors, learns from each project, and continuously refines his proposition. He optimizes his processes and builds an ecosystem that can easily be replicated in other countries. His growth ambition is not about rapid staff expansion, but about further refining the model and expanding through partnerships. For salespeople too: dare to experiment, learn from every conversation, and constantly fine-tune your approach.

Practical Lessons from Business Match Kosovo

• Give yourself time to research before you jump. Sustainable success begins with a deep understanding of the market and your customer’s real job-to-be-done.
• Invest in relationships and ecosystems, not just transactions. Trust and collaboration are the foundation for growth.
• Be of service, but guard your boundaries. Quality over quantity leads to lasting impact.
• Keep learning and adjusting. Every new client or sector is a chance to refine your approach.
• Dare to choose differently than the masses. Courage is not just in jumping, but in choosing a well-thought-out, personal path.
• For salespeople: Put your customer at the center, dare to ask questions, and don’t be afraid to rethink your own approach.

The Power of the Matchmaker

Katrien Daems’ role as matchmaker underlines the importance of quality introductions and trust. Thanks to her, the first contact takes place, which is the beginning of a fruitful conversation and potentially a collaboration. This highlights that business development is not only about strategy, but also about people willing to help each other grow.

Models and Paradoxical Thinking: Inspiration, Chaos, and Structure

The success of Artan and Business Match Kosovo reveals a fascinating paradox every entrepreneur and salesperson will recognize: the tension between intuitive action and following structured models. Intuition often acts as a source of inspiration—it gives energy, enables quick switching, allows you to change your mind, get lost, and move forward again. Artan’s entrepreneurship begins exactly there: listening to his gut, experimenting, adjusting, and occasionally losing his way. Only in hindsight do the ‘dots’ connect and does each chaotic moment reveal its place in the bigger picture.

At the same time, models such as Jobs-to-be-Done (Christensen), the Business Relationship Development Model (Edvardsson), Entrepreneurial Selling (Deutsch & Wortmann), and Lean Startup (Ries) offer a kind of linear predictability.
They start from steps, assumptions, and logical sequences toward growth and success. They are valuable because they provide grip, introduce structure, and help avoid reinventing the wheel every time.
But it’s not an either-or story: both work—intuition and models—and their power lies in the combination. The real art is in blending the inspiration and chaos of intuition with the direction and clarity of models. That’s how sustainable business development and sales emerge—both creative and effective.

References

Christensen, C.M., Hall, T., Dillon, K., & Duncan, D.S. 2016. Competing Against Luck: The Story of Innovation and Customer Choice. HarperBusiness.
Edvardsson, B., Holmlund, M., & Strandvik, T. 2008. “Initiation of business relationships in service-dominant settings.” Industrial Marketing Management, 37(3): 339–350.
Blank, S. 2005. The Four Steps to the Epiphany: Successful Strategies for Products that Win. Cafepress.com.

Chetty, S. K., & Holm, D. 2000. “Internationalisation of small and medium-sized manufacturing firms: A network approach.” International Business Review, 9(1): 77–93.

Coviello, N. E., & Munro, H. J. 1995. “Growing the entrepreneurial firm: Networking for international market development.” European Journal of Marketing, 29(7): 49–61.

Granovetter, M. 1985. “Economic action and social structure: The problem of embeddedness.” American Journal of Sociology, 91(3): 481–510.

Håkansson, H., & Snehota, I. 1995. Developing Relationships in Business Networks. Routledge.

Moenaert, R., & Robben, H. 2022. The Customer Leader: A New Model for Creating Growth and Value. Kogan Page.
Ulaga, W., & Eggert, A. 2006. “Relationship value in business-to-business markets: The construct and its dimensions.” Journal of Business-to-Business Marketing, 13(2): 73–99.