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The "I wonder what the next business craze is" game

Everyone is going crazy for social stuff online. I think it's really good stuff, and there's lots of room to grow in it, and there'll be more successes and more adoption of current stuff.

However, I think the real winners are building something entirely differently right now. They're building for whatever gets hot after social.

Normally if you read an article like this, they'd make some predictions, most of which would turn out to be wrong. I won't do that. Instead, I'll point you to one of the more interesting industries to look at for this sort of thing - mobile phones.

Phones were interesting for me because I was traveling a lot, and I got to see the sort of phones that were popular in Japan when the Motorola Razr was the hottest phone in the United States.

The Japanese phones were three times larger and much clunkier, but had a lot of features. The Razr was stripped down - it did calls, texts, and that's pretty much it. And it had bad battery life.

What Skills Do You Need to be an Entrepreneur? Only Two

Very good question. Here we go -

Hi Sebastian,

I saw your post offering advice help, so I thought I'd take you up on that. I'm young, pre college, so time is on my side. I'd like to create a web startup at some point in the future, at least that's the dream. Should I focus on homing in on my technical skills, or business skills? Right now, I know much less of the latter, but I recognize its importance in entrepreneurship.

Also, do you think college credentials are as important as real world opportunities? And any reading recommendations would be much obliged. I'd love to hear your thoughts.

Thanks so much,

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