Main content
Entrepreneurship
Course: Entrepreneurship > Unit 1
Lesson 4: Philip Rosedale - Founder and Chairman of Second LifePhilip Rosedale - Founder of Coffee and Power
Philip Rosedale, Founder of Coffee and Power, discusses his recent venture and how a student’s education today can lead to a career tomorrow. Created by Kauffman Foundation.
Want to join the conversation?
- how do I make a successful buisnes(1 vote)
- Learn, fail, learn, fail, learn, fail, learn, fail and then start to reach success. If you want to make a successful business then here are some quick pointers.
1. Determine and define your business - Who are you? Goals? Etc...
2. Determine your consumers/ ideal customers
3. Determine how to reach your consumers
4. Make sure you have processes to deliver what you promise
5. Hire or seek help in every single area you are not an expert.
6. Assess frequently of your goals
7. Always put people first!
Of course there is far too much to list, however what I provided above would help you get started.(13 votes)
- hey, i love this idea - especially as a freelancer who mostly works from home, or coffee shops :) coffeeandpower.com is not working - is this the right website for this?(4 votes)
- No, it is not. They do not have a website, but they are on Twitter and other social networks, as well as on the App Store and Android Store. There is a Coffee and Power in Santa Monica, I know.(4 votes)
- At, Other than friends, family and people you meet everyday, are there any LEGAL LISTS to provide customers for a business? 7:31(4 votes)
- First of all, no business "owns" its clients or customers. People are free to use whichever service providers they like, and agreements that prevent them from doing so are often viewed as illegal "restraints of trade" and are generally struck down by the courts.
Second of all, as I'm sure you already know, this situation is every employer's worst nightmare: You spend years training someone in the hopes they'll help you grow your business, and the next thing you know, they've quit and taken half your customers with them.(3 votes)
- So is it like Facebook for jobs?(2 votes)
- I would not say it is a Facebook for jobs... I would say it more of a centralized data locator to fill your needs based on what your needs specially are. Using the data base of coffee shops and how many people on a daily basis go inside of a coffee shop and you could use this data. Just like what was said in the video, a persons specific skill set and if your are entrepreneur to a contracted head hunter this would be very useful! Great idea!(3 votes)
- This is both an exciting and a challenging possibility. Exciting because it provides for a greater depth of experiences and opportunities, rather than limitations placed by cubicle walls. But, it's also a little harrowing for those who may be completely competent and talented yet lack the confidence to venture out into this scary new world. Cubicles are limiting but safe. Are we then to say that timid should not survive and the new way of working is only for the aggressive? That seems to invoke a whole new set of complications.(2 votes)
- we need the timid and the aggressive in business as both makes the business work. If you are aggressive it does not mean that you will succeed, working smart will make you succeed, but be aggressive to drive your plan.(3 votes)
- I am from a technology company in Shandong, CEO Sun Hao, I sincerely hope to be able to contact Mr. Rosedale Philip, hoping to get in touch with Mr. Rosedale Philip in China to carry out your company's business, as of the end of 2014, China's Internet users has reached 649000000. Very much hope to cooperate with Mr. Rosedale Philip, my mail is jnsh01@163.com, the phone is 13854390521 please contact me. Waiting for your message.(2 votes)
- What is relevaled the making a coffee?(1 vote)
- Love the idea and willing to experience it.
Is the URL of the site is - www.coffeeandpower.com
But the massage I am getting is "Server not found"(1 vote) - The power to change, yes, especially the Internet and mobile phone.(1 vote)
- but it can be a problema,because of that people can know were you are,and it can work in a bad way.(1 vote)
- But everyone one in the world has different problems like an example Behavior problems some have become Tempramental which they have high tone rage or tired or have lots of Anxioute and its unknown its hard to tell you it can be a problem people need to precaution if people to Advoince of being injured or Severly hurt it can be come a serious problem.(1 vote)
Video transcript
- I'm Philip Rosedale and my new company is called Coffee & Power. So Coffee & Power is an attempt to use technology in the area of work to enable people to
work together in new ways. I became convinced that there were going to be enormous changes coming
in the way we work together. And that the idea of assigning a bunch of people who work for you salaries and telling them to go off and build a new software project was becoming increasingly antiquated. And so what we're trying
to do with Coffee & Power is change the way work, works. We're trying to create a network and a tool set for mobile work. We believe that increasingly people are gonna work away from offices. They're gonna work on contracts
instead of on salaries. They're gonna work with each other in a much more ad hoc digital
way than the did before and we're trying to build
a website, and iPhone, and Android apps that enable
people to do that effectively. So imagine an app that was just for work that would let you look at a city and see where people with
different skills worked. So say you're an entrepreneur and you need a web
designer, imagine being able to look at a map of a city and literally see that in this coffee shop in this coworking space are the
following five or 10 people. They were there yesterday and so they'll probably be here today. My message to kids today would be to realize that many of those subjects that you learned growing up
or that you've just learned in college that you think
of as kind of boring and they don't matter very
much, they matter a lot now. Because as we increasingly
have the ability to change all of the world around us all of these disparate subjects philosophy, psychology, architecture those subjects are gonna matter more and more in a world that we now have
the power to change so much. For example, looking back on history and seeing where the mistakes were made. It is a human tendency to believe that it's all been done, and it hasn't. In fact we're in a period now where the rate at which technology is changing the world
around us is accelerating. And so the possible space of new ideas is growing not shrinking. We as human beings are
falling behind in the race with technology to
exploit new possibilities. You know I think as technology
gets more and more human as the internet and
computing affects our lives in more and more mainstream ways it creates an opportunity for kids, for students to turn almost any rich, interesting, education path into some impact on products
in the rest of the world.