Aviation Industry Challenges & Opportunities - The aviation industry faces challenges such as foreign object debris (FOD) on runways, which can cause significant damage to jet engines, costing around $50,000 per incident [2] - The industry is often hesitant to adopt new technologies due to stringent regulations and safety concerns [3] - Despite challenges, advancements in technology, such as AI and computer vision, present opportunities for innovation in the aviation sector [9] Company Strategy & Vision - The company focuses on developing computer vision and AI solutions for airports [4] - Overcoming adversity, the company aims to improve industry practices through technological advancements [11] - The company emphasizes the importance of continuous self-improvement to positively impact the industry [11] Entrepreneurial Insights - Launching a tech startup is challenging, with a high failure rate, especially within the first 12 months [5][6] - A typical successful tech company experiences funding challenges three to four times before achieving success, and statistically, 90% of startups fail after 3 years [13] - Seeking advice is valuable, but it's crucial to consider whether the advisor has relevant experience ("skin in the game"), understands the context, and has genuine concern for the advisee's success [14][15]
Making It Happen Anyway | Ziad Jreijiri | TEDxInternationalCollegeBeirut
TEDx Talks·2025-06-30 15:48