The man who dismantled his own company,
, in order to sell it
for a billion zlotys
2001–2002. The construction market bubble burst. TIM lost 23 million PLN due to insolvent clients. Folta had to lay off 28% of his staff.
And he did something most CEOs would never do: he started the restructuring with himself—he cut his own salary. This gesture built credibility that money can’t buy.
2013. Over 20 warehouses. A stable, profitable company. No external pressure.
Despite this, he made a decision that the industry considered madness: he shut down ALL of his brick-and-mortar warehouses. In six months, he dismantled 25 years of achievements. He staked everything on B2B e-commerce.
Why? As he himself says, “If I don’t do it, someone else will.”
The move paid off. TIM became the largest B2B e-commerce distributor in Poland. Over 70% of sales were made online.
In 2024, Würth acquired TIM S.A. for over 1.08 billion PLN —not because Folta had the best negotiation strategy, but because he had built a company that functioned WITHOUT him.
that isn’t taught
in MBA programs