EP233: How To Catch The Next Tech Wave Before Everyone Else

Yeah, for me, I would say there's several, right? And I actually was just doing some research, like what kind of waves are there? And I came up, obviously working with Claude, with 12 types of business waves.

The one that I've seen the most, I'm going to say two that I've participated in the most have been technology waves.

And also, I would say the other one for me would be regulatory.

So where I've spent most of my life, those two things actually combine to make a really big wave.

So I'm going to add on to that.

If you get a wave like what we're talking about, which is a regulatory where I can domain names, right, where they let people apply for new domain names.

Along with all the technical changes that are going on right now, I think that's a pretty big wave, Colin.

But that's the ones I've been on, obviously.

I'm going to date myself a little bit here.

I was working, I just started working when the internet really started coming around from a wide adoption standpoint.

And I actually worked at a company where we had a massive infrastructure that was built around a mainframe infrastructure.

if you can imagine that.

So I think technology is huge, as well as constantly changing regulatory requirements.

Those are the big ones that I've had the privilege to participate in.

And obviously, I think everybody can say AI, right? Like we're all just on the precipice of AI, and we have opportunities to participate in that technology change, Colin.

Yeah, and sometimes it's a direct participation, like you're building servers for AI, and sometimes it's you're using AI, for instance, to help you launch another business like we've been doing for the GTLD application.

So let me give you also a couple examples in history of how it's impacted myself.

This was actually chapter three of the book, Start, Scale, Exit, Repeat.

And in 1992, right out of college, my brother and I, we started a bulletin board service, BBS.

And it took off, actually.

It was the way people connected to the internet before the internet to play games and to communicate and other things as well.

But a year and a half of running that business, which, by the way, became the second largest bulletin board service in Canada.

In 1993, Mosaic came to market, and that was one of the web browsers just before Netscape.

And it was clear that to us that internet would be huge.

So we decided to shut down our first business and we opened up an internet service provider called Internet Direct and it grew very rapidly.