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Matt Kurleto #2: Can industrial revolution embrace local businesses?


Matt Kurleto

October 25 · Issue #2 · View online
I'm sharing my lessons learned, updates from projects I'm involved in and insights on a global startup ecosystem. I'm a serial entrepreneur, the founder of Neoteric, one of the fastest-growing software companies in the CEE region. My current focus is Startup Hansa, the idea of integrating major business and technology hubs into a sustainable startup ecosystem. I'm always happy to hear from you!

That was one crazy week. Neoteric have been ranked #32 on Deloitte Technology Fast50 CE, SkillHunt has won Central European Startup Award national level for Early Stage Startup. We’re going to Ljubljana for the finals.
BTW, I will send the newsletter on Tuesdays now. Sorry for skipping this week :)

The thoughts
We need the sense of purpose. For those who have the passion for their job, it’s connected. We want to have an impact, we want to get better and get recognized. We want to know that we’re a part of something that’s becoming great.
The current industrial revolution seems to have much more impact on our life than before. Our jobs used to be replaced by the new ones. Wagoners became car drivers, horse-boys became mechanics, telemarketers became digital marketers. With AI, Cloud Services and IoT, it doesn’t seem that we will have enough replacements. This impacts everyone, the whole society at once. We need to rethink our economy, our politics, our education. We are biased by the past that is irrelevant. How can we plan our children education for 18-20 years?
I believe that every challenge is an opportunity. Never before did we have this much access, this much chance to make an impact. To be a part of the digital transformation. I hope we can seize this change, make up for the wrong decisions we made before. Globalization has been a great threat to local businesses. Digital transformation can be an opportunity to embrace them.
AirBnB lets me pay for my stay directly to the host. DocPlanner lets me pay directly to the doctor. BlaBlaCar lets me pay for the ride to the driver. We can use technology to embrace local communities. I’d love to see a business accelerator working with local farmers, shoe makers and restaurants. I’d love to see those local companies leveraging the cloud to be able to outcompete global leaders. It can improve economic inequality in a healthy way.
The industrial revolution is a time of intense change. An opportunity to get to the top and overlap those who lead before. Bill Gates said that technology is a leverage. If you apply it to something effective it will be more effective. But if you apply it so something that generates loss - you will loose more. Let’s focus on finding the right things to scale. We have never been able to do more with less.
The news
Deloitte Technology Fast 50 in Central Europe | Deloitte
Naspers to sell Allegro Group to Cinven, Permira and Mid Europa | Naspers
Large DDoS attacks cause outages at Twitter, Spotify, and other sites | TechCrunch
5 Social Hacks That Can Boost Sales
The inspirations
2016 State of DevOps Report | Puppet
SAPVoice: Lean Innovation: Design Thinking Meets Lean Startup For The Enterprise
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