Business in Norway, Stian Rustad, 24SevenOffice, tips to entrepreneurs

Business in Norway, Stian Rustad | Business World, Episode 1

Serial entrepreneur and angel investor with several successful startups and investments since 1997.

24SevenOffice
A complete ERP, MRP and AI-based accounting platform.
https://24sevenoffice.com

00:00 shoots about the interview
1:00 Stian Rustad
3:05 first customer
8:05 differences between Norway and the Unites States in terms of doing business
10:30 life in Oslo and life in New York
13:00 how do Stian move forward?
13:45 how do you work with fails?
15:00 failing is important
16:25 new toy
17:00 hiking
18:20 maybe office in Lofoten?
18:45 how sports help make business?
19:15 why risky sports?
19:40 our office in Fornebu
20:00 division in Ukraine
20:10 solar-powered facilities, 100 independent
23:00 ability to work from home
23:20 growing 31 percent during COVID
25:00 how to work from home?
25:40 24SevenOffice is flat organized
26:30 how do you connect offices in different parts of the country and world?
28:12 tennis?
29:00 what staff play in the office?
29:40 about innovations
30:19 how to grow business in the future?
30:40 how do you find a balance between work, family, sports?
30:53 WORK hard - PLAY hard
33:18 Visma
38:20 24SevenBank
39:50 best entrepreneur of the year, Seed Forum Global
40:10 tips to entrepreneurs
42:40 make system
43:40 start sales
45:25 major clients
50:10 environment
50:35 biggest competitors in Norway
51:30 why you better than others?
54:40 investments
56:50 quantum computer
58:00 from 0 to 600 million in three years
58:50 tips to investors

Realized:
Oyatel.com - Virtual PABX and VoiP company sold to 24SevenOffice 2008
AccountOnIt.no - Accounting company sold to PwC in 2011
Ergoinkasso.no - Collector company sold to Transcom (listed on the Stockholm stock exchange) in 2008
Driver.no - Franchise consept for driving schools. Management buyout
Propartner Defence - Contract Manufacturing of Advanced High Reliability Electronics and Electro-Mechanics for demanding customers within defence. Sold to Simpro, a company controlled by Midvest fondet and Salvesen & Thams an Orkla ASA controlled investment fund.
NFM Armour AS - supplies armor and protective solutions for defense and police, sold to NFM Group in 2007.
NetClient Norge - Software for OCR/Scanning, bank integration, E-mail systems, Active sync etc
VKC - Collector company. Management buyout
NetClient - Managed hosting, Cloud services, Outsourced IT department. Sold to Braathe Gruppen.
Fileflow.no - File transfer company
Sens.ai (Sensai was acquired by Sovereign Intelligence )

Current:
24SevenOffice.com - Scandinavias leading SaaS based ERP company delisted from Oslo Stock Exchange in 2013
AutoTjuvholmen.no - Premium dealership and authorized Opel dealer based at IT Fornebu turning 500+ cars pr year.
Tjuvholmenvc.com Investment company with focus on AI, Fintech and Internet services. Like VIC.ai, Nabobil, Embark self driving trucks, Norgesgass.no, Bmobile etc
Intech Group - Investment company with focus on industrial companies like: Keytouch Technology (develop and manufacture control and display technology with focus on defence, Høgås Teknologipark (8500 m2 commercial real estate)
IP Group - Investment company with focus on internett based companies like: Search Daimon, Jcloud.no (virtual servers), Vyke.Com, ViaOss.no etc
ICT Group
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More from Stian Rustad, take away for entrepreneurs, start pivoting as fast as possible:
   • Stian Rustad | Take away for entrepre...  

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Stian Rustad i 24SevenOffice. Foto: Linda Sannesmoen
https://shifter.no/nyheter/stian-rust...
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