Artificial Intelligence, New Educator’s Toolkit.

Why This Matters Now

Movie buffs have been hearing about artificial intelligence for years – from Steven Spielberg’s 2001 science fiction drama AI to the 2015 robotic police force in Chappieand beyond. AI is no longer the stuff of science fiction. This essential part of the technology sector aims to create intelligent machines of all kinds that think, work and react like humans. Just as electricity transformed the way industries functioned in the past century, artificial intelligence — the science of programming cognitive abilities into machines — has the power to substantially change society in the next 100 years. AI is being harnessed to enable such things as home robots, robo-taxis and mental health chatbots to make you feel better. The growth in this industry suggests great opportunity for Generation Z (today’s high school students) as they prepare for life after high school and college. Computer scientists tell us that the AI field requires strong foundations in math, technology, logic and engineering. Careers in AI use automation, robotics and sophisticated computer software and programs. Giving students a deeper understanding of AI and its business dimensions will inspire them to think about their potential place in this exciting, high-tech market.

Resources

Article
The Allure of Artificial Intelligence
Get the conversation about AI started with this introduction to the industry and all its moving parts, from machine learning and RoboBees, to Cortana and computer science. Then use the conversation starters accompanying the article to do a deeper dive into the topic. For example: “What do you see as the greatest reward of AI? What about the greatest risk? Using the article and the toolbar to the right, find out what people are saying on both sides of the argument. Use what you learn to reflect on where you stand on the future of Artificial Intelligence. Log in to KWHS and share your insights in the comment section of this article.” Once you’ve discussed the article, assign this follow-on KWHS piece for a fascinating perspective on the AI start-up culture: A Teen App Developer Embraces a World Where ‘AI Is Going to Get into Everything.’

Lesson Plan
Management: ‘The Power of Impossible Thinking’
Students interested in the business of AI will need to embrace their innovative spirits. Many of them may someday manage businesses on the cutting-edge of technology. This lesson provides students access to some of the ideas presented in Colin Crook and Jerry Wind’s book The Power of Impossible Thinking: Transform the Business of Your Life and the Life of Your Business. Through a guided discussion, students will address thought-provoking concepts like: “We think the barriers are in the world, but often they are in our own minds,” and then apply their new knowledge through the development of a strategic plan for a business, product or service in the local community. We encourage you to add an AI twist to their innovation exercise by incorporating intelligent machines into their strategic plans, thus exploring the power of their own thinking with that of manmade minds.

Hands-on Learning
It can be difficult to grasp the depth and scope of artificial intelligence. It is literally transforming the business landscape as we know it. Specific jobs held by AI professionals include surgical technicians working with robotics, manufacturing and electrical engineers, software analysts and developers, mechanical engineers and algorithm specialists. Seeing is believing – and understanding. Plan a series of “AI Adventures” for your students that involve guest speakers working in the field, trips (either physical or virtual) to AI start-ups, companies or college classrooms developing technology, and even movie and YouTube viewings that will get students thinking in new ways about how artificial intelligence is developed and applied. Millennial entrepreneurs tell us that they love to share their knowledge and advice with the next generation. Why not Skype with the CEO of an AI startup in Silicon Valley? Be sure to read A Teen App Developer Embraces a World Where ‘AI Is Going to Get into Everything’ for a list of cool startups. Honda is also a great place to explore the latest applications of AI. Or watch an AI movie and then discuss this article. The Association for the Advancement of Artificial Intelligence may also spark ideas for your next “AI Adventure.”

Video Glossary
Provide an extra layer of learning for your students with our video glossary. Here, Wharton professors define terms: Computer Science, Startup, Venture Capital and Innovator

Courtesy Knowledge at Wharton Feb. 21, 2018

New Rise of the Rest Road Trip Revealed

Today, Feb. 14th we announced the first round of investments from the Rise of the Rest Seed fund and the next five cities on our seventh Rise of the Rest road trip!  The first startups to receive an investment from the Rise of the Rest Seed fund represent cities across the country from Pikeville, KY to Columbus, OH to Salt Lake City, UT. These companies are further proof that there are compelling startups starting and scaling outside of Silicon Valley, New York City, and Boston.  This spring, the bus tour will make stops in Birmingham, AL, Chattanooga, TN, Dallas, TX, Louisville, KY, and Memphis, TN to showcase emerging startup ecosystems and invest $500,000 from the Rise of the Rest Seed fund ($100,000 will be invested in a local startup at each stop).

Case founded his Washington, DC-based venture capital firm Revolution in 2005 with what he called a “Rise of the Rest” ethos: the idea that there are more places to invest in than California, New York, and Massachusetts. These three locations — essentially Silicon Valley, Manhattan, and Cambridge — have been the country’s startup centers for decades, and they have taken an increasing share of investments in the last decade, according to CB Insights. The firm reported that the states accounted for roughly 75% of all US venture capital funding from 2014-2016.

Case saw this trend in 2014 and decided to double down on one of his investing principles, resulting in the first Rise of the Rest bus tour, a four-day investing trip through the Rust Belt cities of Pittsburgh, Detroit, and Cincinnati, and then ending in Nashville, which had emerged as one of the nation’s fastest-growing cities. Each day, he’d meet with local entrepreneurs and city leaders and host a startup pitch competition in which the winner received $100,000 of his personal wealth toward a seed round.

Significant change wasn’t going to come from one day in each city, but the idea was to start ongoing relationships in these communities and put a media spotlight on their business scenes.  Case and members of his Revolution team have gone on six more bus tours, establishing a network across 33 American cities. So far, Case has invested more than $3 million of his personal money during the tours, and to date, Revolution has invested more than $1 billion across its funds in companies outside of the Bay Area.

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Change Entrepreneurship High Barriers for Women with Disabilities

The University of Illinois — Chicago is home to a unique education program for entrepreneurs with disabilities run by associate professor Dr. Katherine Caldwell. It’s called Chicagoland Entrepreneurship Education for People with Disabilities.

“We wanted to really bring disability studies and entrepreneurship to the same table to look at, ‘Okay, well where are we now?’” Caldwell said. “What does it look like, what are the main barriers that they’re running into, and what sort of facilitators would help them out?”

Caldwell found that Chicago-area entrepreneurs with disabilities had trouble finding resources to grow their businesses, had high barriers to entry and faced structural challenges from the disability benefits system.

Caldwell also notes that most of the entrepreneurs she works with are women of color. Women and minorities with disabilities face extra challenges. “There’s that whole discussion of the pay gap that we’ve been having in women’s rights circles,” Caldwell said. “But it hasn’t included women with disabilities.”

Accessible opportunities

Chicagoland Entrepreneurship Education for People with Disabilities aims to help participants understand the benefit system and other typical barriers to entrepreneurship so that they can find a way to be most successful in building a business.

Like in any demographic group, there’s plenty of desire to build businesses in the disability community. Perhaps, it’s even stronger, Caldwell said, because traditional employment opportunities for people with disabilities are often less than ideal.

“They want to take control,” she said. “ They want to start a business so they can, not just create a job for themselves, but also create jobs for other people with disabilities.”

Many people with disabilities are employed through something called sheltered workshops. Which, Caldwell said, “Is basically work in a segregated work setting where they’re paid less than minimum wage.”

Sheltered employment was originally intended to give people with disabilities a chance to get work experience and skills that they could use to get other jobs. But, “Only five percent of workers actually go on to competitive employment from sheltered workshops,” Caldwell said. “So it’s not effective at achieving what it was supposed to back in the ’30s and yet for some reason we’re still doing it.”

In fact, she argues many companies are exploiting workers with disabilities through sheltered employment because it’s a way for companies to employ people who they can pay significantly less than minimum wage.

In addition to entrepreneurship as an escape from sheltered work, people with disabilities can use entrepreneurship to tackle challenges they face every day navigating a mostly inaccessible world.

“They can tap into that innovative potential of having experienced the problems that their business serves first hand,” Caldwell said.

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Entrepreneurial Women.

Jaclyn Johnson is the CEO and powerhouse behind beloved conference and site for millennial working women, Create & Cultivate. Having worked in the digital marketing space for the past 12 years, Jaclyn launched her first company at the age of 23 a creatively- driven marketing, influencer and events agency. Launched in 2010, established itself one of the go-to marketing, influencer and events agencies in Los Angeles servicing clients such as Simon Malls, Westfield, L’Oreal Paris, Microsoft, Nasty Gal, Levi’s, Sprint, Baxter of California, Urban Decay and more. (No Subject) was acquired by Small Girls PR in August 2016. In 2011, she introduce the online platform and offline conference series, Create & Cultivate. Johnson wanted to create a 365 day conversation around entrepreneurship and being a woman in the modern digital world. The conference gathers hundreds of thousands of the next generation of curious creatives, entrepreneurs and bad ass women to spark conversation around the topics they are passionate about from influencer marketing and brand building to raising money. Jaclyn also angel invests in female owned businesses such as AWAY luggage and is an advisor to several start ups.

FCC’s Repeal of Net Neutrality Is an Assault on Entrepreneurship

Starting an internet company is easy. An idea, some code, a whimsically spelled name, and you’re there, right?

While that is a bit of an oversimplification, all of us owe a debt to the pioneers of the internet who created a global network of interconnected machines. It paved the way for information exchanges and innovations that have made overwhelming impacts on the way we go about our daily lives, making it possible for many well-known companies to find rapid success.

On December 14th, the Federal Communications Commission (FCC) voted on a measure to repeal the landmark net neutrality rule it passed just two years ago. This has major implications for the millions of little-known companies that rely on the internet to run their business. Don’t think about Netflix and its struggles with “throttling” prior to the 2015 rule being enacted. Think about the impact of the FCC’s potential actions on the 28 million small businesses that call the U.S. home.

The promise of the internet isn’t about the companies that have been created. It’s about fostering an environment where businesses that aren’t flush with cash today, but have an idea and an entrepreneurial drive to grow that idea into something bigger, can compete and thrive.

What repealing net neutrality means for internet entrepreneurs.

To understand the impact of this upcoming decision, we need to start with the actual proposed plan and what it’s replacing. That story begins in 2015 when President Obama took an earlier fight over net neutrality in a better direction for entrepreneurs. At his urging, the FCC approved a net neutrality rule to broadly regulate Comcast, AT&T and other internet service providers (ISP’s) as a utility or “common carrier.” That rule, which is what the FCC will vote to repeal, prevents ISPs from selling “fast lanes” to the highest bidders and expressly bans throttling, blocking and paid prioritization.

The net neutrality rule guarantees speed of access is equal regardless if a prospective customer is visiting your ecommerce site or Amazon. The rule took how the internet has always worked and made it the law of the land, harkening back to the way Americans think about other utilities like water and sewer, landline phones, natural gas and electricity. You and the bigger business next door with more cash receive identical electric service.

FCC Chairman Ajit Pai’s plan includes a substantial rollback of the regulations that impacted ISP’s in 2015. Specifically, it would not hold ISPs to the same “common carrier” standard, allowing them to throttle access to certain content and media, and create multiple tiers of service. It would basically allow for the creation of slow and “fast lanes” on the internet for specific content.

Pai calls this “light touch” regulation and claims it will result in more competition that benefits the consumer. However, given the spotty broadband access in the US now, it’s unlikely the free market will trigger price wars outside of urban areas. Consumers and businesses outside of major markets are likely to be exactly where they are today, without real alternatives when choosing their ISP.

Simply put: access to fast, reliable broadband internet is synonymous with opportunity in today’s economy. The bootstrapping entrepreneur hustling to build his or her business has too many challenges to overcome already. Adding how to afford “pay-to-play” access for reasonable bandwidth to the list is unfair and maybe fatal for many businesses. It actively limits innovation by raising the barriers to access the most powerful business resource around.

While ISPs might offer “reasonable access,” that access won’t hold a lot of promise for the average entrepreneur who already struggles to convert traffic to leads and eventually to sales. Imagine how much harder that’s going to be when pages take forever to load. According to HubSpot, nearly 80 percent of customers who wait longer than three seconds for a company’s webpage to load won’t shop there again. A satisfactory time is roughly two seconds per page and by three seconds, most prospective customers are gone. That kind of margin doesn’t leave a lot of room for growing businesses now, and it certainly won’t improve under throttling or “slow lane” internet access.

 

From Leonardo da Vinci to Steve Jobs: The Benefits of Being a Misfit.

Walter Isaacson is a gifted storyteller. A career journalist who has steered both Time magazine and CNN, Isaacson has written biographies of Benjamin Franklin, Henry Kissinger, Steve Jobs and Albert Einstein. His latest biography, published last year, looks at the life of Leonardo da Vinci. Isaacson, now a history professor at Tulane University, recently visited Wharton to be interviewed by his friend and management professor Adam Grant as part of the Authors@Wharton speakers series. Grant has also written several bestsellers, including Give and Take and Option B, which he co-authored with Facebook COO Sheryl Sandberg.

Grant and Isaacson shared a lively discussion on topics ranging from the genius of Jobs and da Vinci, the qualities of a curious mind and what it takes to be a great leader. The following is an edited transcript of the conversation:

Adam Grant: Walter, it’s such a treat to have you back here.

Walter Isaacson: It’s great to be back at Penn and back with you. We’ve had a lot of good times together.

Grant: I want to talk about so many fascinating people you’ve written about, but also a little bit about your own life. You’ve run the Aspen Institute (a nonpartisan educational and policy studies think tank), had leadership roles at CNN, and were the editor at Time. You’ve also been the biographer of some of the greatest innovators in human history. Your new book is Leonardo da Vinci. How do you write a biography of someone who lived half a millennium ago?

Isaacson: The good thing about Leonardo da Vinci is he left 7,200 pages of notebooks. We can look every day at this mind dancing across nature.

We all keep notes digitally these days. When I tried to do Steve Jobs’ period in the 1990s — when he was in the wilderness between his stints at Apple, he worked at NeXT Computer — we went back to try to get all the emails and memos. He couldn’t get them out of his machine. The operating system couldn’t retrieve them anymore. But paper is a really good technology for the storage of information.

I asked Simon & Schuster, the publisher who did Leonardo da Vinci, to “do it all on art paper and not one of these things where you put the things in the center.” I want it throughout to be that heavy quality, coated, color images because I wanted to show that paper is actually sometimes good for transmitting information.

Grant: You’ve picked a lot of original thinkers throughout history. Why da Vinci?

Isaacson: You’ve written a lot about innovation and creative leadership, and you’ve seen the patterns. It takes me a while to see the patterns. I started with Ben Franklin, then Einstein, then Steve Jobs. The pattern after a while wasn’t that they were smart, because if you’re at Penn, you’ve met lots of smart people, and they don’t usually amount to much. They’re a dime a dozen. But what’s interesting is when they’re innovative or creative, as in your books, the pattern is people like that tend to be curious across disciplines.

“The biggest takeaway from this book is just stay curious about everything.”

Penn is a university that pioneered crossing disciplines, as opposed to other Ivy League schools that really do have departments and disciplines that are much more siloed. Ben Franklin did that. He goes up and down the coast, looking at how swirls of air resemble the swirls of the northeastern storms. Then he discovers the Gulf Stream. Same with Leonardo. He sees patterns across nature.

When I was writing about Steve Jobs, he would end his product presentations always with the intersection of the arts and technology. He said, “At that intersection is where creativity happens.” He said to me, “Leonardo is the ultimate of that.” Leonardo had that ability not just to connect art and science but to make no distinction between the beauty of art and science. That’s why he was the final mountain to climb in this series of books.

Grant: I think your point about pattern recognition is really important. To me, studies of creative people are about looking at lots of people’s experiences at once, as opposed to doing one person’s experience in a lot of depth. I think there’s a ton we can learn from da Vinci. I also think it seems like it’s unfair. I want to live in da Vinci’s era because no one knew anything. You be an architect and a scientist and a great painter, and you could get to excellence much quicker in each of those fields than you can today. Is it too late for a Renaissance man or woman today?

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The Scholarship of Teaching and Learning Entrepreneurship

USASBE is the national organization for practitioners and scholars of entrepreneurship.  They held their annual conference in Los Angeles January 10-14th, and a wonderful paper was produced after an entrepreneurship education and pedagogy panel.  What is so interesting is that the very best  teachers in the field have refined entrepreneurship education (EE) as developing the mindset, skill set, and practice necessary for starting new ventures.  With EE “at a tipping point”, exploding in growth over the last 30 years, and “making glorious waves”, it has outpaced our understanding of what should be taught by educators and how outcomes should be assessed.

The paper, portions published here, should be read in its entirety at:

http:// journals.sagepub.com/doi/full/10.1177/2515127417737286.

Students experience and learn entrepreneurial skills only through engagement and practicing the various aspects of new venture creation.  The lessons of new venture creation can be used to become better at creativity, team building, resource acquisition, or alleviating problems around the globe. These learned skills and many others provide the opportunity for contribution back to psychology, organizational behavior or leadership, finance or accounting, and sociology, respectively.  Those seeking to operate at the middle or right of the entrepreneurship educator continuum should play a coaching role that guides and inspires students to practice and take action. The coaching role encourages shared ownership, whereas the facilitator role really allows the student to completely own their learning and even develop their learning process.

Here are the panel’s finding for the role of entrepreneurship educators:

This expert panel was chosen via the Delphi Method, comprised of 17 entrepreneurship educators. Among the panelists, were 13 men and 4 women as well as a geographic mix of educators (United States, United Kingdom, Canada, Sweden, and France).  Authors Heidi M. Neck is the Jeffry A. Timmons professor of Entrepreneurial Studies and professor of Entrepreneurship at Babson College;  Andrew C. Corbett is a Babson Research Scholar and professor of Entrepreneurship at Babson College. Formerly, he was the general editor of the Journal of Management Studies.  For more email: hneck@babson.edu.

 

National Entrepreneurship Week Feb. 20-24th

Activities abound – https://www.wininbizweek.com/events = Webinars, workshops, Microsoft in-stores, business model canvas workshop, open houses, productivity-cloud-social media marketing information, productivity help, success road map, innovation ideas, legal tips for small business,cyber security, and women entrepreneurship among some.  

The 11th Annual National Entrepreneurship Week is going to be Epic!  With the launch of Entre-Ed’s America’s Entrepreneurial Schools Initiative and so many schools and colleges gearing up to create entrepreneurial experiences for Every Student, Every Year, we are on our way.

Resources Supporters offer inspiration and advice through articles to help you launch, grow and succeed in your business.

Dun & Bradstreet: Resource center

Business credit can play a critical role in helping aspirational business owners grow their ideas into successful companies. We want to arm entrepreneurs with information that can help them grow and get what they need for their business. We have a range of resources, including a Business Credit Guide, a B2B Podcast, a B2B Insights Blog and a growing B2B Expert Community to help out.

What I Wish I Knew  inspirational stories from the Inc. 5000 list of America’s fastest-growing  companies.

American Dreamers: Spotlight on Entrepreneurs Did you know that 1 in 4 entrepreneurs worked in a family business before opening their own? See stats, and learn from fellow entrepreneurs.

Millennial Founders – How They are Changing the Game  Here at Dell, we’ve talked a lot about the millennial worker and how they – and technology advancements – are forever changing the way we work. They are changing the face of entrepreneurship as well.
8 Ways to Prevent Cyber and Ransomware Attacks It is the major, high profile cyber-attacks that make the news but the fact is 81% of all breaches happen to small and medium sized businesses. 1 in 5 small businesses will suffer a breach this year but the good news is 97% of breaches could have been prevented. Whether you have been in business for a day or more than a decade, you do not want to risk losing your investment, so get the free report and keep your data and the life of your business secure.
BroadMic podcast  BroadMic spotlights accomplished female entrepreneurs, investors and industry leaders in hosted interviews. Founded by Sara Weinheimer, BroadMic gives the next generation of leaders the “picks and shovels” needed to innovate, emboldening them to think big and unleash new market opportunities.
It’s a revolutionary time in brand building Six Factors Accelerating the Growth of Brands in the Digital Revolution
7 Easy Steps to Establish Business Credit Building a strong business credit profile is key to getting the best financing and net payment terms from your suppliers. Learn how in 7 steps.
“Good” is the Enemy of “Best” – The Growing Gap Between “Good” & “Best” In the nuanced, ever-changing world we live in, “good” is no longer enough…
The DIY Guide to Bing Ads: Valentine’s Day 2017 Did you know that annual consumer spending on Valentine’s Day totaled 19.7 billion in 2016? People are buying gifts not just for romantic partners, but also for pets, family and friends. As a small business trying to increase your sales, you can’t afford to miss out on the first major spending holiday of 2017!

Ultimate Guide to Financing your Business in 2017 Over 44 business financing options exist. This guide breaks down your choices in plain english.

Momentum Momentum Momentum Why momentum matters…

Plan Your Business Website in 3 Easy Steps 50 percent of small businesses do not have a website according to a recent blog post by SBA.gov. Learn the 3 steps to plan your business website.

No Matter What Happens to the Economy, Your Business Needs to Focus on These 5 Things Focus on these basics and spend less time on guesswork

Why It’s Never Too Early to Start Thinking About an Exit  You’re probably late if you aren’t thinking about an exit 6 to 12 months prior to the event.

Boost your buiness with new technology eGuide This eGuide will demonstrate how investing in current technology is important for gaining an advantage over your competitors, connecting with employees and increasing your bottom line.

The Eco-Challenge A Millennials (Brief) View on How much it Matters (to us, to brands and consumers, and ultimately our legacy)

6 Reasons to Think Twice Before Starting a Business There are plenty of misconceptions about becoming an entrepreneur, and even reasons against it that you may not have thought about.
Build Your Personal Website and Score that Internship 56% of all hiring managers are more impressed by a candidate’s personal website than any other personal branding tool. However, only 7% of job seekers actually have a personal website. This article shows how you can build your personal brand through a website.
Meet business challenges with modern IT Conquer your business challenges by using technology.
5 Reasons You Need to Work in Corporate America Before Starting a Business More than ever, graduates are forgoing top-tier companies to take the entrepreneurial plunge, but is it the right call? Here are 5 lessons we learned from our first job at Goldman Sachs.
Bar Associations – Opinions on Storing Privileged Data in the Cloud Learn the latest research and option for leveraging the cloud.
Global Entrepreneurship Week is the world’s largest celebration of the innovators and job creators who launch startups that bring ideas to life, drive economic growth and expand human welfare. During one week each November, GEW inspires people in more than 170 countries through local, national and global activities designed to help them explore their potential as self-starters and innovators. Thousands of activities, from large-scale competitions and events to intimate networking gatherings, connect participants to potential collaborators, mentors and even investors—introducing them to new possibilities and exciting opportunities. Global Entrepreneurship Week began in 2008 and is an annual campaign led by the Global Entrepreneurship Network. https://genglobal.org/
Every year, the Global Entrepreneurship Congress gathers together thousands of entrepreneurs, investors, researchers, policymakers and other startup champions from more than 170 countries to identify new ways of helping founders start and scale new ventures around the world. At the weeklong GEC, delegates make connections, gain insights, learn about new research, and leave ready to renew their programs, policy ideas or firm founder skills.

GEC 2018 takes place in Istanbul, Turkey — a thriving startup hub that is both an economic and cultural cornerstone of Europe and Asia.  https://genglobal.org/gec/history

Da Vinci’s Faire Opportunity, Bradenton FL, Feb. 10th


Wonderful entrepreneurship experience coming to Bradenton, FL on Saturday, February 10th at the Manatee Technical College, the 2018 version of BarCamp, now called Da Vinci’s Faire promises to be the best yet.  If you are anywhere in the area, have a look at https://www.eventbrite.com/e/ davincis-faire-stem-manatee-barcamp-tickets-34813240339 and http://davincisfaire.com and sign-up for this fantastic event.  Doors open at 8:15 AM and inside you will share, learn, and grow!  It is a community of passionate learners, entrepreneurs, creatives and brilliant disruptors.  We’re all  living in a new renaissance, one which combines science and technology, art, community and passion.

Special display opportunities are available for makers, inventors, robotic enthusiasts and cool science & engineering projects. There is no cost for student robotics or drone teams. The event will include the following:

Manatee STEM Competition

  • Displays of today’s coolest technologies, shared ideas, open conversations
  • Hands on creative opportunities for all ages – bring your stuff to share

Every attendee – no matter how old or young – has a story to tell and an expertise to share. Come prepared to learn and teach as we all grow together. Register to attend today…and you can meet this blog’s editor, Clint Day, who will have a table and be offering his entrepreneurship quick study guides, the books Set Your Own Salary and Understanding Lean Startup, and as much talk as you can stand.

Manatee Technical College is located 6305 on State Road 70 West of I-75, Bradenton, just South of Tampa FL. Join us to experience science, technology, art, community, passion and most of all… tech entrepreneurship.