Top-CEO: Die Jugend will 3 Urlaube pro Jahr. Arbeiten will keiner mehr.

Stephan Zöchling is the CEO of REMUS—an Austrian global market leader in sports exhaust systems with 1,500 employees. As a child, he lived in boarding school without his parents, worked in road construction at the age of 14, and then spent years in Russia before taking over REMUS with €80 million in debt and transforming it into a global market leader. In this episode, he talks about why he thinks about leaving Austria every day. Why the state treats entrepreneurs like enemies. What the KTM bankruptcy says about the Austrian economic system. And why he says—if we worked like the government, we wouldn't last a month. 00:00:00 - Intro 00:01:23 - "I think about leaving Austria every day" 00:04:40 - We've become a welfare state 00:06:07 - Tumor at 14 - the social system has failed 00:09:20 - "If we worked like the government, we'd all be bankrupt" 00:13:22 - "Babler has no clue" 00:17:09 - The problem with top politicians today 00:24:41 - A cancer patient only receives 55% of their salary 00:26:18 - REMUS continues to pay cancer patients their full salary 00:29:43 - Performance is no longer rewarded — is that really true? 00:35:15 - What Austria needs in politics: Honesty and courage 00:44:36 - Why we are in decline 00:49:09 - Why groceries are more expensive in Austria 00:51:23 - No politician would earn €10,000 in the free market 00:57:39 - Being a member of parliament as a side job 01:03:23 - What will Austria look like in 10 years? 01:05:44 - Grew up without parents — ran away to boarding school at age 8 01:11:33 - Road construction at 14, high school diploma without support & the birth of children 01:14:49 - Toxic relationships 01:17:35 - His time in Russia 01:22:42 - "Europe is an open-air museum" 01:24:13 - Saudi Arabia: How incentives really work 01:26:32 - Took over a company with 80 million in debt — didn't sleep for months 01:28:05 - What really went wrong at KTM 01:33:34 - What a week in his life is really like 01:36:58 - What Austria will be like in 10 years MINDGAMES stands for genuine conversations about performance, responsibility, and the life behind success. Subscribe to the channel and write in the comments which guest you would like to see next.