Erik Hanberg

It is always very inspiring to listen to people that have lived and be part of how the internet grew to be the indispensable tool that is today.
Mr. Hanberg show us how important it is to keep updated of what is going on in the industry when you have a business. In order for a business to survive the changes in the economy and demand it requires leaders that are capable to grow and modify what is require by the market when it is required.
It was very interesting to talk and listen to someone as multifaceted as Mr. Hanberg is. He has such a great experience in a variety of industries, which I personally find fascinating and inspiring.  This experience had taught me that to saty competitive in the working market it is important to be flexible, willing to learn new skills, and always continue to explore away from our comfort zone.

Dot.com Dot. Bomb

If the dot. com frenzy teach us something is that every frenzy is followed by a collapse. Trends can be dangerous and we need to learn from them. As promising as the dot com was the disappointment was greater. To avoid this from happening in the future we must acknowledge and learn from what happened and more important analyze the flaws the lead to the collapsing. Some of the mistakes that lead to the dot. bomb are:

1) Over saturated Industries: Anybody could enter the marked and many firms went for the same customers, too many options not many customers.

2)Running out of money: Companies ran out of money after failing to reach revenue from the lack of demand.

3)Growing Too Big Too Soon: Many companies invested more resources in growing their stock value than developing a healthy business.

 4)Poor Business model: Entrepreneurs ignored basic business rules and principles, without a strong business plan they were not likely to survive.

3)Growing Too Big Too Soon: Many companies invested more resources in growing their stock value than developing a healthy business. Because it was so easy to enter many e-industries — some software and a good website is

all that was needed — there were too many firms going after the same customers. Freedom of

firms to enter and exit an industry is one of the necessary conditions for pure competition. The

Web certainly made it easy for firms to enter most industries.1) Oversaturated Industries

Because it was so easy to enter many e-industries — some software and a good website is

all that was needed — there were too many firms going after the same customers. Freedom of

firms to enter and exit an industry is one of the necessary conditions for pure competition. The

Web certainly made it easy for firms to enter most industries.

Start up.com

Start up.com documentary  shows a group of young males who started a company together. The idea of their business was to centralize government payments and paperwork that are time consuming and tedious.

Unfortunately, for them the raise of their company was destroy but the aftermath of the boom.com. Perhaps, their business idea was strong enough to survive the collapse or maybe was never a good project but was push by the frenzy of the dot.com era.

It was very disappointing to find out that the entrepreneurs did not recover from this and in fact one of them ended up in jail.  As a entrepreneur passionate I am always cheering for any startup. Building a business from scratch is really a big challenge, but keeping it alive is a bigger challenge.