Talent is a given – hard work optimises the luck

I’m resigning from Tradeshift as Chairman – because I’m no longer the best fit for the role – now that Tradeshift is maturing. Christian Lanng the CEO and co-founder with Gert, Mikkel and Me – is the best guy to take the seat now. Smart and Self confident MF…. I will still be on the board as a regular member – invited by the founders. The reason is pretty simple, Tradeshift is now a global business which is growing fast and an IPO is within sight of the next few years. – and that is a very short time when sales cycles are +24months and I believe a 100% that the amassing employees can do this :).

 » Read on: Talent is a given – hard work optimises the luck  »

Only Dedication. Over Creativity

9 MONTHS IN THE LAB

9 months ago I went away from 100% focus on EVERBREAD and TRADESHIFT – they are simply mature – and don’t need my pedantic focus anymore (now I’m  down to 20 hours per week – due to amassing boards & staff in both start ups).

I WANT TO CREATE STUFF

So I have been sitting on my top floor for 9 months straight – inventing about 15 new business from scratch (me + my mac + keynote). From Fashion to Payments and POS over Insurance to Wifi products – I have been bouncing ideas with all my friends (mostly Filip) –

 » Read on: Only Dedication. Over Creativity  »

A Shift in how we Trade : Tradeshift.com

Dear Entrepreneurs

The reason that very few people do (and should do) start ups – is the insanity when all part are moving 360 / 365… – you simply need to be 1000% impatient while pretending to have a clear strategy – pitching Clients and VCs and New Hires (always 5min from closing down or selling the company for 10bio€) – you have to follow every lead to success. And you never know if the promise – you have from “The Visionary”, “The founder” or “The CTO” is actually true – nor if its mixed in the right way for the market to understand it.

 » Read on: A Shift in how we Trade : Tradeshift.com  »

A New Tribe (Guest Post)

I have lent the blog to a young man who is the first of 10 guys I have meet in Copenhagen with a pretty cool new religion. This is pretty crazy shit – I have no idea what it means – is it socialism or brainism or just pure logic sense – to adjust your lifestyle to your real dreams – and not be polluted by materialism? Let me note the only SURE TRUTH about start ups I learned (from my friend Stephan Ekbergh): “The only thing that can kill a  start up – is running out of cash!”.

 » Read on: A New Tribe (Guest Post)  »

Infographics As A Business

You Better Love Change

Im pretty very sure that every single consumer FACING BUSINESS will change. And Im sure that it will happen faster then we can imagine – since the way people behave has changed 100%. Im impressed to see Facebook buying Instagram – and hammering a last seam in Kodak’s coffin.

2 years - to a billion

 » Read on: Infographics As A Business  »

Filip (RAW TALENT)

Filip is not only one of the smartest kids I have ever met / he is also becoming crazy social and even positive some times… :). No, he will very soon get into motivational speaking for old industry Santa Claus type of guys – who need someone funny while sipping the XO after the boardroom dinner… :) been there – am there …  » Read on: Filip (RAW TALENT)  »

Banking Is Fucked Up = Your Bizz & Country is FUCKED

(mostly interesting for Danish & EU citizens )

You can easily be very rich

Very rich – but not have a penny (in cash)…. I’m in that situation – but don’t worry about me. Worry about your local society – your country.
In Denmark we have seen the most insane example – and I have to say that I have very little hope for democracy when the people who want to spend there seems to be lame….

Stupid Fuck Up With Good Intentions

How did ATP (one of the largest pension funds in EU) and PFA (also pension fund) end up turning FIH Erhvervsbank (our only aggressive commercial bank –

 » Read on: Banking Is Fucked Up = Your Bizz & Country is FUCKED  »

Designers & Researchers – Your Time Is Now !!!


Im Changing Direction – Again

Tradeshift and Everbread are now running on their own – I don’t have to be there every day. And I see 10 amazing start ups every month – I can’t stop myself anymore – I need to kick a lot of these guys in their bud – and help them to become global and successful. (PLEASE RT THIS TO DESIGN COMMUNITIES).

I’m loosing it – in Design Talent

I’m getting old – and I have lost my touch with the design community and the hackers – who are doing consulting –

 » Read on: Designers & Researchers – Your Time Is Now !!!  »

Tell Me Something – Recommendations WANTED

Dear Valued Reader

Special note: To the hundreds of you who have asked to invest in my fund: I’m sorry – the paperwork to get this approved is insane (it’s not legal to take money from normal people – only rich people are allowed – hmmm…).

Today, just a bit below, I will tell you the fastest way to become a millionaire—no guarantee that its fun, but rich you can become.

(I am so happy to have all of you guys following up on all my weird requests) – My blog and my twitter account simply makes me one of the fastest business developers in the world.

 » Read on: Tell Me Something – Recommendations WANTED  »

A Win Win Settlement

 

Act Dont Talk

Friday was a huge day in my life. Alexander (my partner) – managed to settle a very very very complex legal fight (article here).

I have never been a fan of lawsuit and stayed out – for as long as in any way possible. But it got nasty – and our counterpart was both hard and smart (unfortunately). The problem was one of those big ones – that you cant wait out… We had no chance to do any business –

 » Read on: A Win Win Settlement  »

Look – It Failed – What Did I Say

The “What did I Say” pessimists

Avoid lazy negative pessimists in startups.

Im having a blast these days. Its too good to be true – life simply has played the best of all tricks on me. Now that Tradeshift is showing traction – and now that it looks like I will be part of something really disrupting again. A lot of the people who have been: “What did I say – you fucked up” – are starting next wave: “Bravo – Tradeshift is impressive – Will but will it ever make money???

 » Read on: Look – It Failed – What Did I Say  »

I Have To Get It Out (in Danish sorry)

The Danes are the luckiest people in the world. But even in paradise the world occasionally changes faster then the Eden Gardeners Inc can restructure the flower fields. Im sorry to put this out in Danish – but its national matter :)

Venture Capital i Velfærdsland

– ja det er jo åbenbart en selvmodsigelse. For vi har ikke ret mange mennesker i dette land som virkelig har prøvet og mærket hvad Venture Kapital er.

Jeg er meget inspireret/uinspireret af Børsens skriverier om Statens Vækstpakke og David Trads artikel idag i Berlingske (om USAs foundere der geninvesterer).

 » Read on: I Have To Get It Out (in Danish sorry)  »

A Real Hero – Bill Gross

Morten Lund speaking

Business Philosophy Secret

I have lots a secrets business wise. A very important one is the usage of heroes. Well – my narcissistic self has been very open about Bransson and Clinton as heroes – but the lower level hero’s has never been something I have been unveiling. (comming back to that)

Speed Speed Speed

Mostly because I find it to be a very useful way to stay just a littlebit ahead in the HighSpeedTurboCrytonite-online business world. Things are moving faster then ever in history. Yesterday I watched some TV from 1970 –

 » Read on: A Real Hero – Bill Gross  »

Why i love THE TRAVEL INDUSTRY

The Strategy - not

Here are some personal notes – just to make sure that you know how my mind works –  before getting the full understanding of the last mile of this amazing and huge industry : Travel

Every Back-End Technology (and Philosophy) is +30Y Old

For the sake of argument, we can pretend that all the systems to support flights, tickets reservations and bookings were born (at the conceptual level) on April 6, 1926 when United Airlines was formed. The date when mail, passengers and cargo really started functioning in an organized manner through flights being attached to schedules.

 » Read on: Why i love THE TRAVEL INDUSTRY  »

An Update + A Confession

“I think we can tell ourselves “everything” to survive and turn every crappy situation in something good”.

Im really trying to see what could be wrong – every day. I feel that Im not allowed to be happy. And I feel so deeply happy despite the fact that I went bankrupt and lost everything. Since I swapped the Amex Black Card with a calling card – and my houses went on forced sale (dont know the english word). In the back of my head Im still wounded – my pride – my facade is not happy with this shit.

 » Read on: An Update + A Confession  »

Lets Meet Under A Common Religion: Entreprenuership

(can also be read if you are working for an entrepreneur and find him/her weird some times)

To all of you guys out there who work every day on your dream. Who get up every morning and work like ants on creating you dream. You guys who don’t get disturbed by the common rules – or your mother in law – who wants you to take a real job. Quite often it can be a little lonely – and very few people understand what the crack you are trying to do = you might feel a bit lonely some times.

 » Read on: Lets Meet Under A Common Religion: Entreprenuership  »

LAST UPDATE from a (former) Bankrupt

When I landed in Paris 3 weeks after my bankruptcy I got a facebook message from a stranger – “your friend (my student in entrepreneurship since he was 18) has died in a plane crash pls call me”. Today is a BIG DAY – but I only got through all of this to show @Martin that I meant it when I said persistence is everything in entrepreneurship. Therefore TODAY IS DEDICATED TO the launch of MARTIN SCHAEDEL INTERNSHIP SCHOLARSHIP

UPDATE from a Bankrupt To My Dear: Fam. & Backers & Valuable Readers

(This will be my last post about bankruptcy and how it feels).

 » Read on: LAST UPDATE from a (former) Bankrupt  »

Money, Succes, Suicide and Love

My small debut on triyng to write a bit structured.

Stuck in A Dream or FlopStar

“I keep having this dream where I’m stuck in the bottom of a drill – I can’t jump high enough to catch the top and get up… ”

U don’t have to be clairvoyant or a numeric healer to understand that dream. For me the important part has been to cope with the fact that I’m a failure and forget about my cosmetic aware nercicistic self – AND MOVE ON. It did not take that long for the awake me and I make a small sallery and pay my bills partly from talking openly about my bankruptcy and working for EverBread where no one gives a shit.

 » Read on: Stuck in A Dream or FlopStar  »

Twitter Q & A

  1. moritzde

    @ML Morten, you asked for questions: why isn’t there a secondary market for medicin & medical tools, e.g. splints? let’s create one! r u in? about 11 hours ago from web in reply to ML

ANSWER:

Im not into it. But I have been helping a guy who is selling non prescription medicine and devices in retail – and there are big opportunities until you u get on the radar of the BIG KAHUNA’s.

  1. ronnierocket ronnierocket

    @ML How do we get our customers to embrace open source and social media technologies more quickly?

 » Read on: Twitter Q & A  »