Entrepreneurship is risk free: Heads I win, tails I don’t lose much +Apps?

My friend and colleague Nwokedi who addressed both my ENTR200 classes earlier this semester suggested the following as a must read. I agree, and here is the link.

So while you’re thinking about this, what killer apps would you like to see and might even pay a little bit for in the smartphone arena? An example using augmented reality is embedded below. The Android market is doing OK too. See here for an example. Here’s some interesting info about Stanford iPhone users:

“…a survey of about 200 iPhone-owning Stanford undergrads, nearly three-quarters said the phone made them happier, but almost a third worried they may be using it too much and feared becoming “one of those iPhone people.” From SiliconValley.com 3/1/10. Hank

iPhone Controlled Quadricopter: The Parrot AR.Drone

Tomorrow I intend to survey readers of this blog about what they would really like to see in a smartphone app, both for their sojourn at Purdue University, and as entrepreneurs to make their lives easier. Since last week’s Burton D. Morgan Business Plan Competition had as one of the five undergrad finalists a unmanned drone [CFB Engineering], it is appropriate to consider such devices in this blog. Attribution: The idea for this blog entry was provided by a former ENTR200 student of mine, Josh Ringler – our thanks Josh! Let’s look into the Parrot AR.Drone more deeply.

So what about this “toy?” I suggest after reading about it you not ponder the device per se, , but what it represents. Things like Augmented Reality+video gaming, like lithium-ion polymer batteries (LiPo), things like embedded RISC-Linux computer, and how all of this might be extended to the “real world.” You can read more about it at the following links: CNET, their web site above, and on your own. BTW, Parrot is a large Paris-based publicly traded company. Hank