How long does it take to accomplish a dream that you have had in childhood: one year, ten years or never? Everyone can have brilliant, stunning ideas. However, due to financial and technology constraints, there are only a few people who are willing to accept potential risks to make their ideas realistic. Those people are entrepreneurs.
Kanish Parashar came out with an idea of replacing every cards in wallet into a single swipe card that contains all the functions of any card such as credit cards or gift cards. Rather than just blowing this idea away, Kanish made his idea come true by operating a new company called “Coin”. Coin is a Bluetooth card that any card with a magnetic strip can be added into it. The special features of “Coin” are outlined in this video: One Coin for All of Your Cards
What makes Kanish special is that he had failed horribly once. Yet, failure does not stop him from being an entrepreneur but motivate him to create another feasible and even greater idea. Personally, I think possessing innovative ideas is not the only element required to a successful business. The main point is to make the idea unique enough that it becomes one of the company’s value propositions and competitive advantages.
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- Image: https://onlycoin.com