Jean Fahmy
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Fascinating creativity

28/11/2007

4 Comments

 

I have the joy of teaching a Technology Entrepreneurship class at L'École Polytechnique de Montréal. Picture a class of 50 students who have been trained for 4+ intensive years to think inside the Engineering Box, to memorize what the box holds and to apply standards of the box in their jobs - and you get 50 minds hungry for creativity. My class is usually the last one of their engineering studies so it puts me in a great position to counter-act the brain-washing years they were subjected to. I know... I've been there.

The class is not a hard one. I believe the theoretical principles of entrepreneurship are quite easy. Everything is in
- the discovery of our personal values
- the application of those simple principles
- the determination to keep at it until the company has been built into something of value.

Their task is to come up with an idea, prepare a sensible business plan and, most importantly, present it convincingly to myself and a panel of VCs. They have 12 weeks to do that - and I know most of them wait till the last 2 weeks to really get started.

After almost 4 years of teaching the class, I've come across some surprising ideas and business opportunities which never ceases to give me hope in the fascinating inner-creativity engineers have when given the chance. Here is the list of projects from this year's creative crop.

- An innovative way to present science to primary school kids and elders alike
- A spit-alyser that measures marijuana consumption of drivers
- A Canadian-specific online movie rental and streaming solution
- An advanced, yet simple, pill-reminder and distribution system for elders
- A turnkey system to create an video inventory of your personal assets for insurance purposes
- A wireless SAAS system to collect hard-to-find data from municipal water infrastructures
- An interesting automated wall painting solution
- A unique 'gypse' recycling solution
- A tire-changing machine to avoid the back-related injuries of mechanics
- A power-consumption optimization solution for corporation and consumers
- A head-hunting firm specializing in the placement of semi-retired / retired individuals
- An ad network using LCD screens in public places
- A life-brokering solution for elders at home to increase their at-home  quality of life
- An innovation-based network for corporations and individuals to promote sharing and learning
- A process-optimizing solution for corporations
- An in-grocery store and web solution to quickly enter the basket, see the specials and map out the optimal route to fill the said basket

I get at least 2 groups a year that actually start a business project and take the next post-academic step into the world of entrepreneurship... and it makes me so proud. I end up coaching these teams in their growth to profitability and when it happens, I get that paternal 'snif-snif-my-kids-are-all-grown-up' feeling.

4 Comments
Denis Canuel link
28/11/2007 12:05:38 pm

Jean,

This is great. I wish I were still in school and living at my parent's house. Boy I'd be busy! If you have a chance, why don't you invite some students to the upcoming BlitzWeekend? They might like it and the challenge is quite interesting..!

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28/10/2015 05:26:06 am

Their task is to come up with an idea, prepare a sensible business plan and, most importantly, present it convincingly to myself.

Reply



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  • Home
  • Professional
    • Being a CTO
    • CTO Roles
    • Experience and Clients
    • Companies I built
    • My Management Framework >
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      • Process
  • Personal
    • Personal Faith
    • Photo Shoot
    • Social Involvement
    • Distinctions
    • Public Speaking
    • Academia
    • Blog
  • Contact me