incub3.org

In economics jargon, we like to say that correlation doesn’t imply causation. What this means is that just because the sun rises at the same time that the cockerel crows, it doesn’t mean this proves that the cockerel crowing caused the sun to rise, or vice versa.

Likewise, graduating from a good university like NUS magna cum laude doesn’t imply anything about your ability to be a good entrepreneur.

Ali Zaki Mahomed is an engineering graduate of NUS. His new startup TimeSvr has been getting favourable reviews here and here. When asked how he saw his company against the competition, Zaki replied “We really don’t compare ourselves to anyone. We just saw a market underserved and decided to fill the void.”
The void, as it is, is the fact that very busy people in developed countries with a wired lifestyle would rather outsource the endless stream of errands that are part and parcel of modern life than have to spend a significant portion of the day attending to them.

I say what I say because I know for a fact that Zaki is long on brains but short on grades *wink*, and if my idea that academic success is inversely proportional to business success is correct, I should be starting up the next google any day now. Wish me luck.