Ending Soon! Save 33% on All Access

How a Bill Gates Prediction Helped This Entrepreneur's Company Blossom This tech entrepreneur discusses how he kept his business afloat with some patience and good timing.

Opinions expressed by Entrepreneur contributors are their own.

In this video, Entrepreneur Network partner Mars Discovery District talks with Ian Collins, a co-founder of Canadian tech company Wysdom.ai.

The company started in 1995. Collins recalls the initial months when the company felt incredibly green, and he remembers the team essentially figuring things out on the fly. There was an early point where the company's finances became incredibly tight, and it appeared the business would not be able to stay afloat for more than the following payroll.

The fouder eventually went to a convention where Bill Gates spoke, during which the billionaire described "wireless [as] the future." Wireless technology was highly in-line with Wysdom.ai's mission, and these words from a tech visionary helped save the company.

The experience showed Collins not to throw in the towel too early -- otherwise, he would not have found his current success.

Click the video to hear more.

Related: This Amazing Tool Can Make Changes in the DNA of Any Living Organism

Entrepreneur Network is a premium video network providing entertainment, education and inspiration from successful entrepreneurs and thought leaders. We provide expertise and opportunities to accelerate brand growth and effectively monetize video and audio content distributed across all digital platforms for the business genre.

EN is partnered with hundreds of top YouTube channels in the business vertical. Watch video from our network partners on demand on Roku, Apple TV and the Entrepreneur App available on iOS and Android devices.

Click here to become a part of this growing video network.

MaRS Discovery District is the world’s largest urban innovation hub. Located in the heart of Toronto, MaRS supports impact-driven startups tackling key societal challenges in the health, cleantech, fintech and enterprise sectors.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

More from MaRS Discovery District

This Entrepreneur Didn't Pay Himself a Salary for 5 Years After He Started His Business

How This Founder Sold Investors on Her Company's Unconventional Technology

How Tech-Infused Clothing Has the Potential to Improve Personal Health

How 3 Words Helped Change This Man's Career

Business News

TikTok Reportedly Laid Off a 'Large Percentage' of Employees as the App's Fate in the U.S. Remains Unclear

Laid-off TikTok employees were notified Wednesday night through Thursday morning.

Business News

More People Are Exploring Entrepreneurship Because of This Unexpected Reason

More new business applications were filed in 2023 than in any other year so far.

Leadership

8 Subtle Hints that People Don't Respect You — and How to Fix Them

While you have to earn respect, you don't have to deal with disrespect in the meantime.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

Four Seasons Orlando Responds to Viral TikTok: 'There's Something Here For All Ages'

The video has amassed over 45.4 million views on TikTok.