This last Wednesday our guest speaker was Jeremy Hanks from Dropship.com, a very good speaker, Mr. Hanks describes himself on his blog as an “entrepreneurial junkie striving daily to blow minds & melt faces.”
Before I go further into this blog, I want you to take a moment to check out the following link: CLICK HERE!
Here’s what was interesting about Mr. Hank’s presentation, he made sure to enforce the idea of the magnitude of entrepreneurship. A lot of our speakers have introduced the idea of problem solving and working in stride with advancing technologies, but Mr. Hanks extended that into the idea that technologies are not just expanding, they are expanding because of entrepreneurship. For every advancement in technology, there will be 10 more bigger (or smaller) advancements in the future and it is the entrepreneurs that come in and fill the “problem solving” gaps needed to make the next step.
Is your mind still blown? Having a hard time comprehending?
Yes? Good. Let’s go further. Mr Hanks introduced this quick video clip: AT&T
It’s an add from AT&T from 1993 visualizing what they thought the future would be. It’s funny to watch now because not only can you do these things, but the technology is better than the vision that they imagined. This was only 20 years ago! (Granted, not all predictions from 20 years ago have come true. Where is my flying skateboard?)
But AT&T definitely had innovation in mind, progress for mankind. They just didn’t expect that all of this technology would be able to fit into one device in the palm of your hand. Cellphones can now take pictures, hold digital books, track your GPS, entertain your kids with games, text message, play movies, connect to the internet, and… umm… oh yeah, still make phone calls.
If Moore’s Law (as discussed in the lecture) can tell us the the number of transistors on an integrated circuit can double every two years, does that mean that there is a similar law of entrepreneurship? Can it be said that with every advancement in technology at least two opportunities in entrepreneurship are created? (If so, I claim it as Carter’s Law.) Is it true that there are more opportunities today than there were 100 years ago? Or is the availability for opportunities just greater? (Or, reversely, with every creation is there less opportunity because one thing has been taken out of the infinitesimal opportunity bucket?)
The last thing I want to leave you with is the Fitbit. I particularly love that Mr. Hanks brought this up, because I have one as well. The Fitbit is basically a pedometer, but, unlike most pedometers, it has (like cell phones) made advancements that enable it to measure staircases, calories burned, activity level, sleep efficiency, and challenges against friends, among other things. Like Mr. Hanks, I have a hard time leaving the house without it on. I can barely take a step without it. This is similar to the increasing Nomophobia that is sweeping the tech advantaged world. The power to create has it’s dark side, but that won’t stop creation. Entrepreneurs need to move forward with open minds and positive intentions.