Last Monday, Gunnar Holmsteinn from CLARA posted a new event on Facebook, he said: “I know this has a very short notice, but any tech entrepreneurs in Iceland are welcome to join us at CLARA and meet the Techcrunch people stuck here”.

And it was indeed short notice since he...

I have mentioned before how extreme the business environment has been in Iceland over the past few years, but business isn’t the only thing that is extreme in Iceland. Yesterday a volcanic eruption started in Grímsvötn in the southern part of Iceland, only a year after the...

Over the years I have assisted hundreds of individuals start up their own business and in almost all of those cases the individuals faced the same obstacle. The same seems also to be true of everybody that is starting up his or her first business regardless of age, sex and nationality.

The...

On the front cover of today’s edition of the Icelandic newspaper Fréttablaðið there is an article about the problem that Icelandic companies are facing. In the article it is stated that of the 6.000 small and medium sized companies in Iceland 1.500 will most surely go...

One of my favorite business terms is “bootstrapping”. The term is usually used in the start-up community to describe a company that is founded entirely or almost entirely by the work of the founders themselves.

Here are a few guidelines on how to start your business with as little...

The interesting thing about working in the entrepreneurial environment is that your always learning something new and you constantly have to push yourself to stay in the game.

One of the most important things that I have learned while being self-employed is the importance of networking. By nature...

I thought it appropriate to do my first post here about my startup.

The story:
“During the summer of 2009 I took a few days off from work to relax. It just so happened that a good friend of mine also had some days off at the same time so we thought we would rent a cottage in the countryside....

I have a small black book where I write down all of my business ideas. Mostly I do it for fun because I’m really looking forward to sitting down one day over a nice cup of coffee and reading through them all. Some of them are very strange and some of them are very good, most of these ideas...

For Icelandic entrepreneurs the economic crisis of 2008 was like a kick in the balls. The only difference was that if it had actually been a kick in the balls it would only have lasted a few minutes while they rolled on the ground in pain. Even now, three years later, many entrepreneurs are still...