I really enjoyed the Skype-lecture by Terry Beaubois we had on tuesday. Incredible that someone on the other side of the world who, im guessing, is a very busy person, takes time late at night to talk to us!

However, later that day I realized that there where a few questions that I would have liked to ask him, as being someone very much in the loop on what is going on in Silicon Valley at the moment. Basically, there are two technologies that I have developed a great curiosity for recently; namely Virtual Reality and Bitcoin (or ‘Cryptocurrencies’). Two technologies that, from what I have gathered from reading and listening to podcasts, could open up completly new markets and opportunities for business.

Now, I am pretty sure most people have some idea of what VR is, and Terry did touch on the subject in his presentation, but what do you know about Bitcoin, and cryptocurrencies? I am hardly an expert on the subject myself. I did not know anything about it a year ago, but then I heard this guy, Andreas Antonopoulos, explaining it on a podcast. It really was one of those MIND = BLOWN -moments. What stuck in my head was a quote when he talked about the potential of Bitcoin and how people call it “the money of the internet”, but he proposed that the adequate description would be “it is the internet of money“.  Now that is a powerful statement if I ever heard one. If you would like to know more about this technology and get an idea of its potential I recomend you to watch this clip of Andreas breaking it down in a crash course:

It is a fairly long clip, but it really explains it in a nice and accessbile way.

All the best,

Niclas

If you have chosen to take the course Technology-based Entrepreneurship, my guess is going to be that you have, at least to some extent, played around with the thought of starting a business of your own. I know I have. And I know that I chose to apply for the course because I was hoping that it might provide me with some useful tools should I ever come upon a business idea worth pursuing. Of course, part of it was also having a 7,5 credit hole in my schedule to fill. None the less, now that I am here I am determined to make the most out of it, and my first impressions of the course have been really good!

As I mentioned earlier, I think we are all “guilty” of entertaining the thought of starting something. Becoming the boss of something. To watch something grow from an idea to an enterprise. And by “all” I mean most of the able bodied/able minded people in society today. Because really, if you think about it, who really wants to work for someone else? If you are not pursuing your own dream, you are most likely a cog in the machine working towards realizing someone elses. So why is it not that more people try to start something of their own?

I think it has to do with the fact that it is very easy to find excuses! I believe it to be a very human trait to see obstacles instead of opportunities, to take the path of least resistance, if you like. That is why, for my first blog post here, I would like to share this article, explaining that there are NO good excuses. Go ahead, click the link and read it.

http://www.businessinsider.com/this-graphic-will-demolish-every-excuse-you-have-for-not-founding-a-startup-2015-2?utm_content=bufferc61eb&utm_medium=social&utm_source=facebook.com&utm_campaign=buffer&IR=T

So, now you know that all those excuses really are nothing more than your brain trolling itself.

All the best,

Niclas