Understanding people, markets and products
It was one of those nights, sometime after four o'clock in the morning, when Karatbar boss Harald Seiz picked up a piece of paper and a pencil. As morning dawned, one of the leading masterminds and brains behind all questions about gold and money, had the new concept for his partners and affiliates ready: education. More knowledge. Even more power. Even more transparency.
Harald Seiz explains: "The year 2020, with all the problems we have with COVID-19 and the associated protests and unrest has opened a new chapter for Karatbars. We are gaining more and more affiliates and people who recognize the possibilities of gold in these difficult economic times. And the possibilities of how a strong company like Karatbars can become a key company for success worldwide. You want to be part of that success."
In more than 140 countries, more than one million partners and affiliates ensure sales and status for perhaps the largest group of companies. Long gone are the days of various frictions with a few national regulatory authorities and ignorant media.
"In the various analyses, we have found that we need to create even more transparency. We have to explain to people clearly what they have to do. We have to make people understand that Karatbars is breaking new ground. And that these paths demand new solutions. My employees and I very quickly realized that this can only happen through unique training and education," Seiz continues.
This is how the idea of the "K Academy" was born. Different topics and areas are to be managed through it. In addition to basic information about the Karatbars Group, the focus was on practical benefits: Uniform language rules and procedures, uniform campaigns and the basics for a successful business."
Harald Seiz: "Our goal is to turn every partner and affiliate into an entrepreneur. To promote and motivate entrepreneurial qualities. We need idea suppliers and want to bring Karatbars ideas to the world. But our K Academy is also a sign to the world that we care."
No easy undertaking: The company's presence on all continents also requires a corresponding adaptation to the country and its people. Seiz: "Our entire team can use the K Academy and feedback to check on a daily basis whether we are making the right business decisions. We offer the opportunity to improve ourselves. For us, every feedback is a personal experience and provides learning - the Karatbars goal remains to understand people, markets and products. I will then write my next book: The Future of Networking."
One chapter will then be able to deal with a particular problem: Over-motivation. As Harald Seiz puts it, "we inspire people because they quickly recognize what opportunities lie in a business that is different, innovative, new and successful. People quickly overshot the mark."
What he means is that "analysis of the company has shown that almost all the problems of the past were caused by ignorance as affiliates misjudged the responsibilities of their work". In plain language: "The K Academy helps to channel over-motivation and commitment into the right direction and not to lose sight of the common goal."
Harald Seiz would not be who he is if he had not already thought ahead: "Who knows", he muses, "what else the K Academy could become. I have long since seen the chances for an internationally active K University."
The topics ofgold, money, alternative payment methods, blockchain technology, leadership, motivation, social responsibility and social commitment could then also be dealt with academically. Topics that are already part of daily business at Karatbars.