The traditional boundaries between the digital world and physical world are becoming less and less, and with a simple $2 computer mouse, Pranav show us what is possible!

To see the demo click on the video link below:

TED SixthSense Video Website

Pranav Mistry states in his VT that he is making this technology OPEN SOURCE – so anyone can develop this concept further for hundred of dollars not thousands.

Will we be seeing this in our homes soon – how useful will this type of technology be available on the mass market!

This is why I think that it should be up to others to identify an Entrepreneur, rather than individuals wrongly self assessing themselves.

Entrepreneurship is often difficult and tricky, resulting in many new ventures failing. The word “entrepreneur” is often synonymous with founder – which I don’t agree with as this less than half the work!

Most commonly, the term entrepreneur applies to someone who creates value by offering a product or service, by carving out a niche in the market that may not exist currently. Entrepreneurs tend to identify a market opportunity and exploit it by organizing their resources effectively to accomplish an outcome that changes existing interactions within a given sector – this is something I agree with.