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The son of Carl Herold, a successful Sudeten German manufacturer of textiles, and of his wife Marie Swoboda, Dr. Carl M. Herold was born October 1892 in Brünn, Czechoslovakia. The son was destined to enter his father's business, but before he could complete his technical education, World War I inducted him into military service as an officer in the reserve. He participated in active combat throughout the duration of the War, suffering many hardships which included being wounded twice and infection with typhoid. He was given two citations for bravery.
Returning to a ruined and defeated homeland, he became deeply engrossed in the study of philosophy. He completed the requirements for his academic degree, and while giving occasional lectures on philosophy in Vienna, he made the acquaintance of Freud. Convinced that psychoanalysis would give him the knowledge he was seeking in the completion of his philosophical studies, (comprised in a two-volume system of epistemology which was never published), he determined to study medicine.
He completed his medical studies in the University of Hamburg where he was greatly influenced by Dr. Kestner, Professor of Physiology. His initial interest in philosophy, and later in physiology, subsequently influenced his approach to psychoanalytic theory.
After several months' residence in the Neurological Clinic of the University Hospital of Hamburg, he went to the Berlin Psychoanalytic Institute for his training in psychoanalysis, and was made a member of the Berlin Society in 1929. In January 1929 he was appointed to the staff of the Psychoanalytic Clinic, 'Schloss Tegel', under the direction of Ernst Simmel, after which he went into private practice in Berlin about 1933.