95: How to build successful start-ups in manufacturing and operations | Renan Devillières of OSS Ventures

14 May 2024 / Podcast Tax Advantaged

By Dr Brian Moretta

OSS Ventures

Manufacturing and operations is an area that has been much neglected by venture capital, but has plenty of issues that can be addressed. Renan Devillières of venture builder OSS Ventures focuses on this space, with distinct methods and successful results. In this episode, we discuss how he goes about creating successful new businesses, with very good results to date.

In a wide-ranging discussion, Renan discusses:

  • What is venture building;
  • The process for finding pain points in factories;
  • How Renan characterises different operations;
  • Why there is still so much low-hanging fruit in this area;
  • What sorts of manufacturers are open to change;
  • How to make sure there are enough initial customers and how to work with them;
  • Working with different tech stacks;
  • How to make sure that companies don’t customise for specific clients;
  • Making the OSS fire itself from each company;
  • The different markets and sales processes he sees;
  • Finding the right founders and the skill sets they need;
  • The effect of AI;
  • How the global manufacturing model of the past 30 years is changing now.

It’s a great conversation with lots of insights from Renan and a must listen for investors and founders.

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Suggested books

The Subtle Art of Not Giving a F*ck by Mark Manson

Empty Planet by Darrell Bricker & John Ibbitson

Renan Devillières, CEO of OSS Ventures, is a graduate of the Ecole Normale Supérieure and the Ecole Polytechnique Fédérale de Lausanne. Renan began his career as a consultant at McKinsey, before becoming an economist at the OECD and then strategic project manager for the Richemont Group. After his various experiences, Renan launched into entrepreneurship by founding a start-up, which he sold to Google Ventures in 2018. Having always been attracted to tech and industry, Renan co-founded OSS Ventures in 2019, with the mission of supporting French industry in its technological, environmental, social and societal transition from industry 2.0 to industry 4.0.