And the Winner of Startup Weekend Akureyri is...

Drum roll... Entrepreneurship! Yes, the winner over the weekend is the concept of Entrepreneurship. It was exciting to see over 100 people working on a problem, listening to feedback and presenting their ideas and getting recognized for their effort. As much as I like the idea of people getting recognition for their ideas, Ideas do not equate to launching a business. I have written about "Startup Ideas - Why ideas are not the problem". There were 19 teams that presented their ideas. The companies that I thought really created a business over the weekend were:

Video taken from previous Startup Weekend Events in Iceland

• Campalo.com and Campalo.is - a booking and reservation application over the web for Camp sites around iceland
• Disulistar.is - a hyper local curated list of things for everything from Top 5 restaurants for business meetings in Reykjavik to Task list to do press release. You pay a small fee for not having to spend the time to research the list yourself

Of course both of these companies did not win the award because their idea was not revolutionary or "cool" but both of these probably will be able to build a sustainable business. I think the other ideas and teams need to be recognized as well. Here is the link to a slideshow of pictures from my Twitter stream.

1. Whale Buddy - A Multilingual App for Smart Phones that enables a better experience for tourists on a Whale watching tour
2. Life Line - Making the rescue suits and life jackets fitted with GPS device, Nano technology and Diode lights to enable finding the missing persons at sea.
3. Viral Trade - An online market place for digital goods used in online games
4. Tannstra - A toothpick made from Icelandic straw
5. Active Site - A photo market for pictures taken underwater off the coast of Akureyri, I guess it could be applied for any all underwater pictures.

There were 12 more companies, I have to admit did not find them very interesting that is probably because of my lack of understanding of Icelandic. 

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Bill Gross @Idealabs

Bill Gross (Photo credit: jdlasica)

To get a thumbs up for innovation from Bill Gates is nothing to sneeze about. Bill Gross has done just that. Bill Gates just wrote a note about Bill Gross in his Gates Notes. I have been following Bill Gross for as long time now. He is the quintessential ideas guy, he has been doing this since he was a teenager. I wish we had role models like him in India. We were taught that working for the Government was the best job one could get. I still remember my mother urging me to take up a job with the Indian Railways and how that would secure my future with at easy 9 to 4 job! what a concept! anyways, I digress. This post is about Innovation and how to make it sustainable and solve big problems because that is what Bill Gross has created in Idea Labs. There are 5 key things that he outlines in the video and so does Bill Gates. How can we create an environment that fosters these things?

1. Embrace failure as learning: Employees don't fear loosing their job if an idea does not work - it allows them to take risk
2. Bold Ideas are important, but they can fail: Try bold things that have a high chance of not working, its still learning
3. The market place is not always ready for a new idea: Old ideas that are shelved can come back if a market has changed
4. Go places where others are too afraid to venture: Get excited about things that are in the white space of what others won't do - the best ideas come at this intersection
5. Analyze, Assess and Move on: It takes a dissection of the strengths and weaknesses of all systems, coupled with statistical analysis, to quickly cancel out the ideas that won't work, in order to land on a completely new idea.

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Hustle, Bootstrap do what it takes!

I love teams that hustle and never give up. Gunnar Holmstein, the CEO of Clara wrote a blog post about Bootstrapping. That is the fun part of being an entrepreneur, it is easy spending money believe me I know! but making money without spending money for that you need to hustle and have a broader vision and purpose of why you are doing what you are doing. If you are not willing to sacrifice it all for that one burning goal, that vision, Entrepreneurship will beat you down to the ground and leave you as pulp. Here is the video of Sara Blakely, founder of Spanx, talking about how she took $5,000 and an idea for footless pantyhose, and turned it into a multi-million dollar women's undergarment business. She talks about a number of things related to building a business, being an entrepreneur and hustling with the Purchasing department of Nieman Marcus. What I took out of her journey was that she did not give up, it took her 2 years to go from idea, product design to selling but she hustled her way through the whole process even landing on the Oprah Winfrey. She has grown the company through bootstrapping and word of mouth marketing. I am thinking could she have validated her idea by buying some Facebook Ads? or Google Adwords? had a landing page with the picture of her product sample? with a buy button? Sure it could have worked. That is what we talked about in the session yesterday. I have written about how the Internet based commerce has changed. Now, you don't need even $5000 to make a sustainable business but the journey is hard, it has a lot of curves and bumps if you are not willing to do what it takes to make it, you will be left with bruises and bump marks. Check out the part where Sara is talking about how she hustled to get a Crotch Machine! it is funny! and she is a natural sales person, you can tell. Goes back to the book Tipping Point. You need the right person telling the story, you need stickness and context for any idea or product to become a social epidemic or as they say these days to Viral!

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Revolution against Finance

I saw the interview of Steve Keen on Silfur Egils and I am sure if not all many of the Icelanders did too.



I have written about the Asset Bubble that is possible in Iceland and I have started to see green shoots of it already. Check out the housing prices to see the asset bubble formation. It really bothers me that nobody wants to bell the cat, I speak to my banking friends and they are all waiting for the good old times to come back. It is not going to happen, maybe it will for a small group of people... much smaller than the last time and that is what casuses social rifts. I think the most important statement made in the interview was that we have moved away from Finance for Industrial and Productive things to Finance of Financial things. The double leverage that is possible with financial instruments that make $1 get multiplied by 10 and 10 again in the short term produces $100 but in the long term does not produce anything. In the meanwhile that $1 carries the risk of destroying $100 in value. No wonder Warren Buffet called derivatives Weapons of Mass Destruction. Should we worry about this problem?  absolutely! You think Iceland is different because Iceland allowed the banks to fail? think again, look at the balance sheet of Icelandic Government, a majority of the liabilities have been allocated to re-capitalize the banks... guess who has to pay those liabilities? the tax payer.

I agree that we need to re-think financial economics, but lets not throw the baby with the bath water. The original premise that financial capital was created to make productive things has been lost in this debate. I am sure there are many ways to solve the current debt problem and Steve Keen gives some suggestions but there are other ways as well.

Lets take the case of Iceland, everyone wants to speculate on Real Estate once again... I mean really? concrete is more valuable than solutions to problems the future generation is going to face? Top 10 companies in the market capitalization are not in Real Estate the last time I looked. We need to focus on what creates value in Iceland. I have had many discussions with the executives in the banking sector, believe me there is absolutely no learning in terms of changing the ways of doing things. Every bank wants to clean up their balance sheet so they can go on building up the asset bubble on real estate. No-one is thinking about which sector or industry should they be investing in. I have written about my vision for Iceland and why we should be investing in Entrepreneurship, the sector that I wrote about is highly scalable, employs high technology and highly skilled labor force, is environmentally clean and things made in this sector actually can be sold anywhere in the world. How much capital is deployed in this sector by the Iceland you ask... Nothing, Nada, Zilch! The classic reason that I get is it is risky, what is risky? speculating on real estate or investing in Entrepreneurs who work tirelessly to really solve a nagging problem.

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3 Great Global Challenges

I have been a fan of Thomas L. Friedman since I started reading the New York Times and then his books, The Lexus and the Olive Tree, The World is Flat, Hot, Flat and Crowded etc He has a knack to say the things that matter in the simplest of words and gets your brain working. His latest opinion with title "We Need a Second Party" is a classic. Although the message of the article is geared towards the Republican Presidential Candidate run-off, the take away for the rest of us is the challenges that he outlines. These challenges are not America's challenges these are Global challenges, every country, every citizen needs to be thinking about how they are being impacted by these challenges. No longer can we be complacent about our job, or position or title or education thinking that is going to save your future. The challenges are here and you better have a strategy to tackle them. Let me outline what those are:

"The first is responding to the challenges and opportunities of an era in which globalization and the information technology revolution have dramatically intensified, creating a hyperconnected world. This is a world in which education, innovation and talent will be rewarded more than ever. This is a world in which there will be no more “developed” and “developing countries,” but only HIEs (high-imagination-enabling countries) and LIEs (low-imagination-enabling countries)"


Wow! could he be more direct? where do you think Iceland ranks in this HIE vs LIE world? are we really making Iceland ready for the onslaught? believe me the competition is coming whether you like it or not, a billion people in India and China are raring to go, they are more motivated, they work harder and they want to win so badly that their lives depends on it. How can Iceland compete with that?


"The second of our great long-term challenges are our huge debt and entitlement obligations. They can’t be fixed without raising and reforming taxes and trimming entitlements and defense. We absolutely cannot just cut entitlements and defense. That would imperil the personal security and national security of every American. We must also reform taxes to raise more revenues."


I cannot emphasize enough the problem of entitlement, this is an epidemic and it is cancerous. There is only one way to solve this problem, arm every citizen with the tools to create their own wealth and their own future then they stop asking where's my beef. Entrepreneurs and sustainable entrepreneurial ecosystems enable that, are we creating a sustainable entrepreneurial ecosystem here in Iceland? I will follow up with the post on the Icelandic entitlement cost and I have written about the perception challenges in Iceland and Icelandic Governmental Resource Allocation problem. Of course Iceland does not have the problem of a huge defense spending but we have the challenge of very high levels of public debt. That in itself can suck the entire country and the standard living down.


"Our third great challenge is how we power our future — without dangerously polluting and warming the earth — as the global population grows from 7 billion to 9 billion people by 2050, and more and more of them want to drive, eat and live like Americans. Two billion more people who want to live like us? We can’t drill our way out of that challenge, which is why energy efficiency and clean power will be the next great global industry. Real conservatives — like Richard Nixon, the father of the Environmental Protection Agency, and George H.W. Bush, the author of the first cap-and-trade deal to curb acid rain — believe in conserving. The current Republican candidates are so captured by the oil and coal lobbies that they can’t think seriously about this huge opportunity for energy innovation."


Here Iceland has a clear lead, because Iceland is endowed with the gift of natural energy. We need to take the lead on policies that enhance this rather than build walls and stop progress. I am not saying not to take the Environment into consideration, there has to be a balance and we can make policies that enable investments in the Renewable Energy field that does not hamper the environment and leaves it in a better shape than when we found it. It can be done.


What do you think?

Startup Iceland in KickStarter

So, I want to create a documentary of the journey of Startup Iceland. Who would want to see this documentary? I don't know and I don't know if I can get anyone to fund this either. I have been a big fan of KickStarter, thats when the idea broke out hey why don't I use KickStarter to fund the documentary? It is not new, it has been done before but I am sure anyone who wants to create a Startup Community would want to see this documentary. Never the less, I created the project and submitted my proposal... I am just having my fingers crossed to hear back from the KickStarter team. The documentary will basically be built around the startup community here in Iceland and the run up to the Conference that I have written to you all about, if you have not signed up yet... PLEASE DO, I promise you it would be spectacular success or an Epic failure either way you can see the journey through this documentary. I know exactly the right people to bring on board to do this. What do you think? will I get funded to get this documentary on the road?

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Entrepreneurial Design

Image via Wikipedia

Fred Wilson blogged about "Building the Ecosystems" and how a couple of his colleagues Gary Chou and Christina Cacioppo in Union Square Ventures are teaching a course called Entrepreneurial Design at the School of Visual Arts. This is one of the reasons why I love where we are in the Internet adoption cycle. Just think about it... I am here sitting in Iceland, I love Entrepreneurs and I gobble up any material related to Entrepreneurship and here is a seasoned VC/Entrepreneur talking about how they are creating a new wave of Entrepreneurs who are from the Design/Arts background and the material that they are going to cover, the Syllabus, Reading list, References etc are all open so anyone with Internet Access can follow the same program, read, learn and apply what is being taught of course without the Class participation. If this is not revolutionary in the field of Education and Knowledge nothing is. I think this is the next big revolution in the Age of Knowledge after the invention of the Printing press. I digress. The purpose of this post is to make the point that the course syllabus is relavant to Technical as well as Design/Art talent, actually it is relevant to anyone who wants to be an Entrepreneur in this new world. The link to the syllabus and references is extremely valuable and useful so please go and read all of the things especially the one about Customer Development and Experimenting, User Acquisition Tactics, Strategies and Virality. Just brilliant compilation of things every entrepreneur should be aware of.

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Skyr is the word - Icelandic Entrepreneur in NYC

Bloomberg - Taking Stock With Pimm Fox from siggi's on Vimeo.

Watch the video of Siggi Hilmarsson, an Icelander who took the concept of Icelandic "Skyr", which is a healthier version of Yogurt and built a business for it. I have found another mentor for our Icelandic Startups. Just think about the first day when he started making Skyr at home in New York, what boldness should he have had to think that he can compete with large global brands, I am sure he was not thinking about that at all. He did not go to the large stores, but built it organically. I would love to meet him and understand how he got started or why he got started. He also says that he manufactures his products locally in upstate New York and now he is going national with Whole Foods Market. What a fantastic story for the Icelandic Entrepreneur. He has innovated in the most crowded market of them all especially starting in New York City. He has done it in a relatively short period of time as well, he started in 2004... here is his story. Couple of things I think needs to be highlighted:

1. He focused on finding the market by doing a validated learning i.e making it at home, going to the Green market and selling it first. Build-Measure-Learn
2. Had defined his niche as a healthy alternative to the existing products, not just in marketing but also in how he made the product
3. He started with the simpler version of the product, which he could build without a processing plant and scaled the business.

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Who needs another Silicon Valley?

Gunnar Holmstein, the Colorful CEO of Clara comes up with interesting perspectives. He has a question about if startup ecosystems should do what Eric Ries talks about in his book The Lean Startup. Rather than trying to build a "Silicon Valley" clone in every city and country, should we be asking How can we build Sustainable Entrepreneurial Ecosystems the same way we build a company.  The challenges are the same, and we face tremendous uncertainty in both situations. Can we build better Entrepreneurial Ecosystem by asking the question how do we know it is sustainable? how do we know what we are building is wanted by the market? What should be the metrics that we should measure, so that we can apply the Build - Measure - Learn iterative cycle to even Entrepreneurial Ecosystem building. I think we have a very interesting question to ask our guests and participants for the Conference in Iceland in May. How do we Build a Sustainable Entrepreneurial Ecosystem. Have you signed up yet? if not you can @ http://signup.startupiceland.com.

Chris Schultz was fortunate to hear Brad Feld talk about his 5 components of a sustainable startup ecosystem and he has written about it here, and more recently Brad linked his post on Startup communities to a talk given by David Cohen in San Diego and David has 7 things that need to be there for Startup ecosystems to flourish. Is it possible for us to measure these 5 or 7 things? Can we build-measure-learn these things? I certainly believe so. I am going to list them here and see how we can measure each:

1. Long View – a 20 year timeline – stakeholders must be committed to the community for long term. Can this be measured? even if we could what would be the purpose of measuring this?
2. Entrepreneurial leadership - It has to be lead by Entrepreneurs, cannot be led by governments, non-profits, big companies, VCs, lawyers, accountants, economic development, universities.  All of those stakeholders need to be engaged, but entrepreneurs must drive it. This can be measured? basically who is running the show when it comes to Entrepreneurial ecosystem.
3. Fresh Meat - Need new talent all the time, college graduates and people should move in and out. This is easy to measure, the number of new graduates coming out the universities and maybe a cross mash up between the Design/Creative group and the Technical/Engineering group. A Ratio of Creative/Analytical graduates
4. Engaging Activities – engage the entrepreneurial community from top to bottom – startup to serial entrepreneurs – get all involved – you need a thing that engages all those people. You want really active engagement for a moderate period of time because its impossible to maintain a high level activity by someone on something that is not core focus. This can be measured as well, the example given is the TechStars program and other incubator programs in Boulder Colorado.
5. Repeat – must have a rhythm with for a long time.  Must have a beat that last through economic cycles. The only way to build a community is to move beyond boom and bust and build something over extended periods of time. This again is not relevant to measure, but it should be interesting to see continuity.

So what do you think? do we have the necessary ingredients to create an Entrepreneurial Ecosystem here in Iceland?

Autonomy-Mastery-Purpose Incentives that work

Daniel Pink is a Career Analyst or that is what the Ted biography describes what he does. I have seen both the videos embedded here. Daniel has been studying what motivates people to perform at their best. If you have not seen these videos it may surprise you. Ask yourself what is your incentive and motivation to do what you do everyday. Entrepreneurship is a funny business your success is so uncertain and you are in constant flux of going bust to hitting one out of the park, what keeps you going? well, Daniel explains it in his book Drive. I have written about how the world has been changing right in front of our eyes because a lot of what we do has to do with Cognitive skills and not conveyor belt mechanically repetitive stuff. But our companies and management methods were created in the industrial age and we are always trying to implement them in this new world. The sad part is we complain that this management and money/benefit/perks based incentive stuff does not work! of course it does not work because our environment has changed. We need new ways to motivate, incentivise and engage with each other. The new incentives that work are Autonomy, Mastery and Purpose. If you are an entrepreneur and want to be successful in what you are creating make sure you have answered the questions to the above 3 incentives.

Autonomy: The desire to be self directed, if there is one thing common with all the entrepreneurs that I have met and the most successful ones, they exude this attribute.

Mastery: The urge to better at stuff. This created Linux, Apache Software Foundation, Wikipedia and every entrepreneur that I know whats to get better at something. They learn music or run marathons or do yoga or get better at managing their own time, help other entrepreneurs etc They seek challenge and mastery

Purpose: More and more organizations are looking for the Transcendent Purpose and he explains that the reason for this is that it attracts the best talent, it is more fun place to work and what is even more interesting is if the purpose gets misaligned due to the profit motive it basically makes people do bad things. Bad customer service, illegal or even criminal activities, crappy products etc. Profit is important but should not be the reason you are doing what you are doing. This goes totally against what was going on in the banking world before the financial crisis. I remember what motivated me to work with Glitnir, it was the emphasis on Renewable Energy and Sustainable Fishing, we did a lot of things that aligned with that strategy. It energized me everyday that I was doing something that actually impacted how energy was created in the world and our customers were not killing the source of fish in the sea. But we kind of lost our way during that journey and  we all know what happened next.

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Vision without execution is Hallucination

Image via Wikipedia

Thomas Edison said that and I just finished reading Steve Case's opinion piece on Washington Post, where he refers to that as well. The title of the opinion piece is "Give entrepreneurs room and they will grow the economy". What is interesting in Steve's note is that he alludes to how America is loosing its competitive edge in Entrepreneurship and what they are doing about it. A number of bills are being proposed in Congress to support Entrepreneurs, including allowing for Crowd Funding... can this concept work here in Iceland? What is being done in the Parliament to support Entrepreneurs in Iceland? I have the advantage of not being worried about what is discussed in the Parliament because if it was important and affects me, I will hear about it. Never the less, it begs the question. How can Iceland be more competitive in this space? If America the quintessential country for Entrepreneurs is worried about its leadership what should countries in Europe do? What do you think?

Here is what I think needs to be done, first things first, we need to get visibility to the Entrepreneurship community here in Iceland and we need to learn from those who have done this successfully before. It is not enough if we meet amongst ourselves and talk about family politics. We need to invite people who are not part of the system. I have been talking to a bunch of people about organizing a conference and to get my own validated learning I have a sign up page http://signup.startupiceland.com. My goal is to get 500 to 1000 signups then I know we can host a conference and bring prominent investors, entrepreneurs and thinkers in this space so we can learn from them. Couple of ideas on the table are to run a workshop on Lean Startup and Business Model Canvas, A Hack Day and a day of lectures and discussions. All those who have signed up, thank you. You should receive an email shortly requesting your input on a bunch of things. For those who have not signed up, please do and share it with your network, you never know there could be someone who has a job doing something they are not very interested to do but wants to try their hands on Entrepreneurship, it is a great way to start. Learn from the best and other entrepreneurs, find international mentors and networks and launch your dream.

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Entrepreneurs are everywhere - My Inspiration!

Ajay Chaturvedi is a good friend of mine from my university days in Birla Institute of Technology and Science (BITS), Pilani. Check out the coverage of what he is doing in India, he is a true inspiration to all of us. We can make a difference if we put our mind into it. What he is doing is a fantastic example of my philosophy that Entrepreneurs are everywhere and one does not have to create the next Facebook or Google to be an entrepreneur. We all can follow our passion and change the world. Whats your passion? How are you changing your world?

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Should you build it?

Been actively reading and re-reading the Lean Startup book by Eric Ries. Something that I pick up again and again in the book is the fact that it is becoming very easy to start a business, given the availability of many resources. I have written about this before. But it also begs the question, yes, we can build whatever we set our minds to but should we build it? Will the business be sustainable? what is the opportunity cost of the time, money and effort if the business is not sustainable? Eric talks a lot about how we waste resources because we don't put values on them. Will the idea really solve a problem that exists in the world? How do we know? how do we engage with our customer before we embark on this journey? I don't believe we ask this question often enough. I participated as an observer last weekend in the Startup Weekend event held in University of Iceland by Innovit. I met the teams that were working round the clock and I shared with them my experience and strategies while they were working on their business idea and business plan template. On sunday, I also participated in their pitch and one thing that I felt was missing is the question "Should we build this?" and "How we plan to engage with our potential customers and get feedback before we start our venture?" I did not get a conclusive answers but then again I was there for 2 hours and each pitch was 5 minutes. The teams did a very good job, of course it was all in Icelandic so could not get all the facts but overall there was a lot of energy. Over 100 people participated in this event in Reykjavik, very similar to the numbers in Northern Kentucky, West Michigan, Seattle and Beijing where this event was held last weekend. This once again proves that there is enough and more people in Iceland who want to start something new and take control of their future!

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Image via CrunchBase

Startup during a downturn - The Economist

Read the article titled "Downturn, start up - The effects of recessions on entrepreneurs and managers run deep" by the Economist. Some of the interesting highlights:

1. Over 50% of the Fortune 500 companies were founded during a downturn or a bear market
2. Young companies, typically responsible for the bulk of US job creation, added 2.3m jobs in 2009 and 3m in 2008
3. Those who began their management careers during a bust were substantially more risk-averse, took on less debt and generally were more conservative managers than the rest
4. Bosses whose careers began in a recession also tend to be so concerned about cost-effectiveness that the companies they go on to run spend less on research and development
5. Firms with bosses whose professional baptism came in a weak economy have lower returns on assets than those run by other managers
6. Those who begin their careers in a bust are less footloose than their boom-time equivalents
7. The average recession-scarred chief executive is more likely to have risen through the ranks of a firm than the norm, and is less likely to have switched employers or jumped from one industry to another

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School for Entrepreneurship

Did a little bit of research into the Entrepreneurship studies and/or programs offered either by Reykjavik University or University of Iceland. The sad truth is that it does not exist. It gets a cursory treatment and I believe Universities need to adapt their curriculum to accommodate what is going on in the society. As I have written about before what Iceland needs is Entrepreneurship and a new vision, but no institution is focusing on it. I know the examples that are going to come out of nay sayers, Bill Gates dropped out of school and Steve Jobs did not finish college etc but why not use the institutions that exist to teach entrepreneurship? there maybe some of those who want to start companies that solve global problems, entrepreneurship is a skill just like computer programming or financial engineering or marketing. Actually I think entrepreneurship is a melting pot of all these those things taught in a MBA and to build teams and companies.

Brad has a post about a new course that he is planning to start in Colorado University with he title "Entrepreneurship, Innovation and Public Policy". I think it is very relevant to any startup community. Please click on the link and read the post. I plan to reach out to both the Universities in Iceland and see if they would be interested to offer this course. I would volunteer to teach it  (refer back to my previous post "If you want a great student change their role into a teacher!")

I have taken the topics and pasted here just to summarize the thinking...

1. Being an Entrepreneur. Reading: The Start-up of You: Adapt to the Future, Invest in Yourself, and Transform Your Career (Hoffman, Casnocha). Five Minds for the Future (Gardner).

2. Leadership and What Makes a Great Founding Team. Reading: Do More Faster: TechStars Lessons to Accelerate Your Startup:  (Cohen, Feld). Leadership Lessons From the Shackleton Expedition (Koehn).

3. Building and Scaling A Business. Reading: The Lean Startup: How Today’s Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses (Ries).

4. Entrepreneurial Communities. Reading: Startup Communities: Creating A Great Entrepreneurial Ecosystem In Your City (Feld). Kauffman Index of Entrepreneurial Activity 1996 – 2010.

5. Financing Entrepreneurial Companies. Reading: Venture Deals: How To Be Smarter Than Your Lawyer(Mendelson, Feld). Improving Access to Capital for High-Growth Companies (Department of Commerce – National Advisory Council on Innovation and Entrepreneurship)

6. Entrepreneurial Leadership in Government. Reading: Alfred Kahn As A Case Study of A Political Entrepreneur (Weiser). Start-up Nation:  The Story of Israel’s Economic Miracle (Senor and Singer).

7. Entrepreneurship and Innovation Policy: Reading: Accelerating Energy Innovation: Insights from Multiple Sectors (Henderson, Newell).

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• New Course: Entrepreneurship, Innovation, and Public Policy (feld.com)
• Free Online Stanford Class On Tech Entrepreneurship (Begins January 2012) (forbes.com)
• 2012 Will Be the Year of the Entrepreneur (moneyland.time.com)
• Entrepreneurship Program (kaitvinson.com)
• Kauffman Symposium on Entrepreneurship and Innovation Data (kauffman.org)

Image via Wikipedia