- The Talk -

Recently I was invited to be a power mentor to a university incubator, which I gladly accepted because it was in my hometown. I must say, I felt super happy and energized after all the sessions, but one thing bugged me that triggered this whole thread. I was talking to an industrial hardware inventor/founder, that claimed; his team, with many years of experience, has developed a 10x solution for a particular sector. They claimed their new solution would increase capacity, decrease energy costs, allow for better estimation and forecasting, at 1/4 the cost of the current alternative. He was very happy because he would still be making 40–50% gross margin. That was when I wanted to jump off my chair and scream. I partially jumped off my chair but instead of screaming, I started asking questions to the founder.