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Ben way on entrepreneurship and his recent projects.

Interviews, Technology - Posted: November 9, 2009

Yes, By 11 he wrote his first software program, by 15 he established his own company. By 17 he's made his first million.

For you that haven’t Google his name let me give you some details.
He started his first company at the age of 15, He was one of the first dot com teenage millionaires after raising almost £25 million, not bad right, This was just at age 19, I could go on to how he made money and lost money, made it back but that’s for his profile page.

A great entrepreneur regardless... Anyways enough of the chit-chat.

ben way

How is it going Ben?

Good, busy working hard as always, enjoying the Florida sun!

The projects that you guys are involved in are pretty exciting right?

I only get involved in exciting projects, life is too short to be board!

I mean one thing i am really looking forward is seeing how the web 3.0 evolves, i mean is it something you think every technology-driven company should and invest in? Tell our readers what we should we expecting from web 3.0, what is web 3.0?

Web 3.0? Web 2.0? The funny thing is that web 2.0 does not really exist it is more like a collection of ideas about the way the web is going. Web 3.0 as a concept will be moving from a read and write web to a self structuring, more intelligent web; or in other words the semantic web.
This will allow the user to manipulate data and build and play with information in any way they want.

What project are you involved in, heavily at this moment?

We currently have 17 active business, and a few more are about to launch, so there is always something to keep me busy!

Wow, thats a lot, you guys are investing in everything innovation, everything to do with future technology? What standout technology do you think we should watch out for in the next 5 years?

Robotics without a doubt is one of the most interesting fields, we are probably about where the personal computer was 15 years ago with robotics the next 10 years will be increadble.

Dyslexia? I mean they are tons of entrepreneurs that have had Dyslexia and have managed to accomplish a great deal and be successful, what has your experience being diagnosed with Dyslexia?

I see Dyslexia as one of my greatest advantages, it allows me to think in a unique way!

I mean you started your business at 15, raised £25 million at age 19 that is not a small amount of money at age 19; did you feel extra pressure to succeed?

Very much, I was very scared of failure; but actually now I have experienced failure I see it as an important part of the learning experience.

Can you tell us how you to overcome failure in business, especially after you lost a lot of money, what should entrepreneurs learn from that? How can they avoid that? And also if entrepreneurs find themselves in that situation what can they do to get out the situation?

Sometimes you cant avoid it, sometimes knowing when to quit is the best skill! Failure is not a bad thing, it is not a nice thing but something that entrepreneurs have to expect at some time; I mean if it was that easy everyone would do it right!

If you were starting a new business in a new industry what would it be?

Again robotics, and I will be!

Where do you see in yourself and your business in the next 5 years?

These days the most important thing for me is generate wealth for other people and having a good quality of life so as long as I motivate people and help people achieve there dreams I would not want anything else.

What is the most crucial decision you’ve made so far regarding your business?

Not having a business partner, it is a mixed blessing but I need to work alone.

Excluding yours, what company or business do you admire the most?

Boston Dynamics they are developing scary but kick ass technology, it’s the kind of company I would love to run.

What sacrifices did you have to make to be a successful entrepreneur?

You have to grow up very quickly, be as happy without money as you are with money, and above all take risks.

Thanks Ben for your time.

For more information on Ben's company: MakinGrain
For more information about Ben: Ben Way

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Joseph Ajilore

Apparently, I'm far more interesting in person. Co-founder of YHP and many other things.

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