From NTNU to the World – Entrepreneurs Reveal All

Last month Technoport kicked off the semester for the cooperating villages in Experts in Teamwork, with inspirational talks from three young entrepreneurs. The entrepreneurs shared how they have built up companies or organisations, starting as students or recent graduates, and what they have learned from that experience. The feedback from the audience after the talks was really good, so we thought we would share two of the talks with you.

Dynamic Rock Support

Gisle Østereng started and headed one of the most successful companies from NTNU to date, Dynamic Rock Support. He began the work having only a few years of experience after he finished his NTNU studies, when he met a professor at NTNU who had developed a new, more solid rock bolt for the mining industry.

Gisle shares how he and his colleagues, after a few difficult years, “cracked the code” and became the fastest­growing company in Mid­Norway in 2012. He talks about how they got investors, how they initially tried to sell the bolt, and the fact that “you don’t have to be smart to become an entrepreneur”, as he puts it. He also surprises by emphasizing that it was their least experienced salesmen who got the best results.

Engineers Without Borders

When Line Magnussen did a field trip to Bangladesh during her Developing studies at the University of Oslo, she discovered the need for small technical solutions to simplify the lives in developing countries. She then decided to study mechanical engineering at NTNU, with the long­term goal to develop a stove to be used in developing countries, and then start a Norwegian department of Engineers Without Borders. Along with several others, she managed to start Engineers Without Borders in Norway in 2011, but somewhat ironically, she still hasn’t developed the stove!

In this talk, Line tells the story of how this plan played out, and what she has learned from starting a national humanitarian organization for engineers. She explains how her passion for the cause more than compensated for her lack of experience as a student, and the importance of talking about your goals and dreams when you try to get attention and help from others.

Do you have any feedback or questions? Don’t hesitate to comment below!

Photo credit: NTNU Engineering