During one of the lectures Serdar Temiz mentioned  that you should focus on what you have to do right now to become the key player in 5 years.
But what if you have a great idea for a short term solution? I thought of this when I saw a pitch from Scrive. They provide a short term solution for companies which want to implement e-signing, but don’t have the time to wait until their legacy systems are updated. The first thing that came to my mind was that the product they sell is only useful for a couple of years, as I imagine their customers will eventually upgrade and won’t make use of Scrive any more.

I have an idea myself for the pitch, but it focusses on the generation of for instance my parents. Many of this generation know how to use applications as word and excel, but lack the knowledge to do a bit more advanced things like building and launching websites and online applications. As you can imagine the amount of people who lack this more advanced knowledge decreases every day, so if you target this group you’ll eventually run out of customers.

Does this mean you shouldn’t launch this idea? Should you let these potential customers figure it out themselves? I think not. I think that, in line with what Scrive does, you should move fast and provide them with a nice short term solution. However, I would like to know what you think about it. Do you agree? Otherwise, please let me know what I’m missing!

KTH has a lot to offer to students who are interested in starting up a new business.  One example is the Stockholm School of Entrepreneurship, SSES, with the reputation of being one of the world’s leading academic facilities in the area of innovation and entrepreneurship. It is a collaboration between KI, KTH, SSE, Stockholm University and Konstfack giving the participants high diversity regarding interests and education.

“Our education and training focuses on preparing you for real life.” – SSES

They have lots of workshops, seminars and other events. Unfortunately many of the workshops collide with the entrepreneurship classes on Fridays but  this morning I attended an event hosted by Henrik Toft, a senior IBM IT Architect.

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He talked about Watson, a super cool tool to process big data and it felt like it is on the verge of AI! I found it very inspiring even though my future start up probably won’t be based on this complex IT.  Here are two movies about IBM’s super computer:

Long film about Watson

Short clip about Watson

And if you want to try it, there is a 30 day free trial 😀

Bluemix

And if you are interested to know more about SSTS and other exiting events that they are hosting:

http://www.sses.se/

Have a nice day!

Erica