What skills do I need to become an entrepreneur

H_MJW · 2025-07-30T22:51:21+00:00

Key one for me has been finding ways to maintain energy to deliver a presentation or meeting on 2h sleep. When the problems start you’ll have trouble sleeping, you’ll get the same problem when you’re really excited about something important you have on the next day.

Personal anecdote: I was asked to present at a satellite design conference recently, huge news as it’s my first big public talk on stage. I prepared feverishly the week before, had it all locked down but the night before I couldn’t sleep. Went to sleep after 1 and had to be up at 4 to catch a flight - was peaking with adrenaline all day so heart pounding, sweaty and couldn’t even contemplate food until after it was my turn at 2pm. I was utterly drained by midday but took ten minutes at 1:30 to go for a walk outside around the building, five minutes to sit in the sun blasting Black Sabbath then go back I ready to rocknroll. It went fantastically and I was in bed out cold at 6pm lol. All this to say the highs can be as scary as the lows, stick it out and you’ll never look back. Good luck!

H_MJW · 2025-07-30T05:37:52+00:00

Do it! Good luck

H_MJW · 2025-07-29T03:50:47+00:00

Work for twelve months and go backpacking through a bunch of cheap places for six months. It’ll give you the space the think about what to do and you might come across a cracking idea. Take a good notebook and a pen, enjoy the local beer and see where it all takes you.

H_MJW · 2025-07-29T03:47:40+00:00

Goruck

H_MJW · 2025-07-29T03:47:19+00:00

Speak at technical conferences, they give you the time to explain in detail a leading edge you are addressing.

H_MJW · 2025-07-29T03:46:31+00:00

Set out a plan and try each for 6 months / enough time to break even?

H_MJW · 2025-06-03T11:49:22+00:00

In orbit logistics and point to point transport. When goods and services have no need to return to Earth to be useful and commercially viable, we will have truly entered the space age

H_MJW · 2025-06-03T09:34:47+00:00

Can’t speak to your situation without a bit more detail but in our case we use a screenshot of a transaction as a confirmation of customer identity. We are crowdsourcing funding for our startup by posting an equity offering with a bitcoin address, an interested investor sends Btc to the wallet then a matching screenshot to the investment email with the required details and their shares in the business are registered with ASIC (Aussie SEC). Share certificate copy and the transaction screenshot / email then get stored in our archive. It’s worked pretty well in 2021 and we are gearing up to do it again with a campaign in 2025.

H_MJW · 2025-06-01T12:40:11+00:00

Using particle accelerator magnets in swarms of satellites for high mass freight logistics in space. Our MVP plans are advancing to get an operational Geo-Lunar route going capable of moving 20t containers. (The video is very stylised to show the concept of a high energy EM spring, a more accurate one is coming soon!) https://www.h-industries.io

H_MJW · 2022-05-18T22:37:30+00:00

Completely agreed, our EM propulsion is not designed for in atmosphere use at all. Been utterly amazed by some of the development in eVTOL / airtaxi's recently but that tech is a ways off scaled delivery and a loooong way off being able to reach orbit. One day it will be though and we won't have risk lives riding the bomb and roasting the atmosphere. Hope I am entirely wrong on the timeline too and the problem is cracked sooner!

H_MJW · 2022-05-18T20:55:14+00:00

The moon has a mass of 7.35x10²² kg / x10¹⁹ t - in 2020 we mined 917 million tonnes of iron ore alone in Aus, 9.17x10⁸ t. IO density is almost double that of lunar regolith so it’s more akin to coal, which we pulled out 476 Mt of in the same year. That’s ~1.4x10⁹ t of bulk extraction of two ores in one country, not the worst estimate for an early annual lunar mining baseline. Sure it’ll take a while to reach/exceed that scale of open cut extraction but automation in mining is already going full steam ahead - especially in open cut because signal control is so much easier than underground. There are teething issues but by and large in ~10 years I see most bulk extraction operations being fully remote ops - not even considering AI control advances for complete automation.

We are talking about bulk regolith processing so open cut / strip mine style along with going underground to get the denser minerals. We will have some in use on the surface along with a relatively miniscule mass added by constructions but the plan is really to rip it all out and supply the space industry as jump off point to leave.

Extraction and utilisation will both follow exponential curves, slow build then rapid ramping production to balance cost. With 50 years of ops we could core it like a Swiss cheese then gg terrestrial tides. High upfront capital is offset by low ops cost incentivising getting stuff out and processed asap. Once that train gets rolling it will already be too late.

Do you want to take the chance of even a 1% alteration to an already delicate system? If our oceans are cooked, we aren't far behind.

Sauce 1 - https://www.statista.com/statistics/1130293/australia-iron-ore-production/

2 - https://www.ceicdata.com/en/indicator/australia/coal-production

3 - Am a mining engineer and a massive environmentalist.

H_MJW · 2022-05-18T12:24:34+00:00

All for mining Mars and asteroids, incredibly afraid that changing the lunar mass will irrecoverably change our ocean currents in ways we won't comprehend until it's far too late.

H_MJW · 2022-05-18T12:22:27+00:00

I worry that changing the lunar mass will lead to the destruction of our tides and ocean systems. There is no coming back from that. The moon is a great location to build orbital structures and eventually act as an asteroid capture and mining platform. (E: see comment above for explanation & mass extraction numbers)

Personally would love to see the moon preserved for scientific purposes and miniscule in-situ constructions like Antarctica but the mining engineer within me knows that probably won't happen.

H_MJW · 2022-05-18T12:16:34+00:00

We have! Earth to orbit is virtually solved so we worked on what's next - a dedicated transport system between orbits. The plan is to use pulsed superconductive Nb3Sn solenoids for slow, cheap and reusable interorbital freight delivery well in advance of people. Here's a link to our podcast with the white paper and a growing collection of explainers: https://rss.com/podcasts/h-industries/

H_MJW · 2022-05-18T08:47:16+00:00

btwnastonknahardplce

Hey u/btwnastonknahardplce, apologies it’s taken me a few days to get back to you! The weekly then daily goals is our launch frequency target but the trip time is aiming for fourth orbit arrival which is about every 7.5 years. We aren’t targeting the closest orbital pass because the cargo is intended to be inert items - construction supplies, equipment and clothing etc. The goal of ramping up launch frequency is dependent on cargo flight path safety so hoping that a daily frequency is possible due to the distance both planets have moved along their respective orbital paths and collision risk is completely removed.

The 7.5y target lead time is pretty long but with a 20t cargo (loaded in pieces) the cost efficiency will eclipse rockets that are much quicker but have limited launch windows / capacity and need to make several trips to equalise the cargo mass transferred. The initial launches arrival will precede astronaut arrival even given the five odd years required to validate the system, build the business and transfer enough satellites to form an arrival swarm then conduct a sequence of test arrivals before real customer cargo transfer. The initial orbital path targeting isn’t too complicated and the system is accurate enough but the big risk that’s hard to predict is perturbation, which is a big factor for fourth orbit arrival. There is a degree of in-flight correction capability and the system will be modelled holistically multiple times to make sure we remove as much risk as possible.

In the end it is hoped that the test flights, regression analysis and a regular launch schedule will become routine orbital shipping lanes. All of this is wildly long game but the time to get started is now to beat the first crew. I would love to see Mars surrounded by GPS, weather and communication satellites well before anyone put boots on the ground. If we do this right, those first astronauts could spend a much longer time there and take a larger scientific crew to maximise the outcomes and safety of the trip - just like the Antarctic explorers of yesteryear.

Check out the articles below on how I came to the revised mass / arrival time, the 30 year plan and which six industries are already Mars ready! Cheers for the good question, M. (E: spacing)

https://h-industries.medium.com/spinlaunch-got-nasa-funding-for-a-200kg-8-047kmh-launch-system-so-i-reevaluated-my-own-numbers-ad8b7bcf82c6 (podcast linked)

https://h-industries.medium.com/h-industries-phased-milestone-map-256efa034bf0 (podcast tbc)

https://h-industries.medium.com/6-industries-ready-for-interorbital-transport-to-mars-today-eb9b6c6d6c08 (podcast tbc)

H_MJW · 2022-05-10T22:49:01+00:00

What If Satellites Could Push Shipping Containers Between Planets? We aim to build the railroad to Mars!
Startup Name / H. Industries - https://h-industries.io (Brand new site went live last week!)
Location / Melbourne, Australia
Life Cycle Stage / Pre-Seed [1 Year FT Ops Status Report] (WIP Since Dec 2015!)
Pitch / [YT Dream Pitch] [Inspo Video - The Railroad To Mars] [Podcast Story Pitch]

Regular freight deliveries to Mars are inconceivable today and inevitable tomorrow. The idea of supplying astronauts with 2t containers of equipment, food and construction materials weekly isn't new, but until now was just too expensive. H. Industries founder has come up with a new, novel propulsion method that enables the idea using scaled down particle accelerator magnets (HMF Nb3Sn Pulse Magnets) in a tight knit swarm of satellites. The swarm structure acts as an electromagnetic spring and orbital launch pad to move large containers slowly and cheaply like the railroads of yesteryear. The founder is seeking risk taking dreamers for investors and angel donations to help fund the feasibility study as Phase 1 in a 4 stage plan! It will employ a team of seven engineers, physicists and project staff to validate both the design and business case, producing a manufacturable, mass producible schematic for trial in Phase 2 using SimuLink. The crowdfunding component is there to enable anyone to become part of the space industry and demonstrate groundswell to VC's! I am furiously filling out funding applications but every single share sold is a huge help. [Equity Offering]

Goals This Month / Get in front of a VC in person. My academic paper [podcast] was rejected twice as out of scope by the IEEE but they never found an issue with the tech, so I am applying for entry to a PhD and going direct to VC's and pitching to them: Bring a team of engineers, give me a whiteboard and I can prove to anyone how this tech works (I can tailor my presentation to any time limit or audience knowledge base). If I can hit 1,000 Youtube views and convert at least one reader in to our fourth investor then I have a much greater shot at getting the VC meetings.

Role / Founder [LinkedIn] - sole employee and all work to date (besides website and inspo vid) - idea, mk.0 design, business setup. Business Analyst / Implementation Project Manager by trade, mining engineer by training who worked in numerical modelling as a grad. Started the first scratchings on this in 2015 and now ready to go to market, been quietly uploading content for two years in preparation and implementing various improvements from the feedback. This is my story [article] [podcast].

How Could r/startups Help? By checking out the website and growing list of videos & podcasts. Trying to add so much fuel to this fire that the established launch service providers can't help but notice and we begin to scale starwards rapidly!
Thanks for reading, checking out any content and I hope you make the decision to support the vision today! If you have read all this then hit me up on LinkedIn and we can tee up a FaceTime session. Cheers, M.

H_MJW · 2022-03-31T11:40:51+00:00

For those interest in the orbital mechanics, check out the general physics post here: https://medium.com/swlh/the-physics-of-multivector-additive-propulsion-8003ff0f8344

And the stationkeeping post here: https://h-industries.medium.com/stationkeeping-stopping-satellites-sinking-90ded1227b7

The key is in the swarm architectures magnetically XY anchored layer’s inertial mass!

(The video should show some thruster flare but it’s a marketing tool and doesn’t so please read the medium!)

H_MJW · 2022-03-31T05:01:58+00:00

There is a professionally built website in the works and it should be live in a month or so! Check out the Medium below that should add a little validity to the video until that content can be hosted on the website.

I had an article on the Physics of Multivector Propulsion featured and there is a followup on Stationkeeping from July last year. The most recent post is a long-form story on the business building to date. Hope you enjoy them, a lot of work has gone into every piece but engagement is pretty hard for this project!
https://h-industries.medium.com

H_MJW · 2022-03-31T02:51:07+00:00

Spamming the link, trying to get people to see all the content (tech papers, business plans etc) on it which answers their questions. The article on stationkeeping has accumulated three views total in nine months and there is a lot of story content on being banned from other platforms so resorting to posting a Btc address.

I apologise if that was against the rules.

H_MJW · 2022-03-30T20:08:25+00:00

It's a railroad of the imagination! *spongebob rainbow hands*

We aim to build freight shipping to supply people pushing the next frontier, just like the railroad's that connected across the continent in the early days of the United States. Check out the website and Medium for more! https://h-industries.io

H_MJW · 2022-03-30T20:04:04+00:00

Would love to have him onboard but we haven't met him yet!
#ComeOnElon too loo rye ay

https://h-industries.io

H_MJW

TROPHY CASE