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Published: Monday, 08 April 2013

The Bubble

I used to think the bubble was a bad thing.  The huge number of people who called themselves an entrepreneur.  The over-inflation of entrepreneurs in the world.  The many incremental projects that are being created.  I thought they give the profession 'entrepreneur' a bad name.

But now I think it's a good thing.

The demand for and from entrepreneurs has led to an increase in programmes and support structures for entrepreneurs, an increase in funding opportunities and more education on what it takes to be a successful entrepreneur - all over the world.  So the infrastructure support system has improved.

With more entrepreneurs in the game, there is more competition amongst products.  So the technology being created is better as a result of the competition.

Finally, as in any field, those who are most passionate and have the most drive and tenacity for their work, will ultimately prevail.

So it doesn't matter if there's heaps of other people trying to start up companies now.  That shouldn't affect you.  Just put your head down, do the hard work, and you will prevail.

About Me

Marita ChengForbes named me a world's top 50 woman in tech & 30 Under 30. I founded Robogals and Aipoly and was Young Australian of the Year 2012. Currently working on robotics company Aubot. I'm the youngest Member of the Order of Australia (AM) and I give speeches around the world.

I tweet @maritacheng and I'm on Facebook.

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