YouTube: Watch full video on YouTube
Key Points
- Solve a Real Personal Problem First
Murshid started Huddlestock because he experienced the pain of high transaction fees as a small retail investor himself. Identifying and addressing a problem you personally feel deeply motivated him to build something meaningful, rather than chasing abstract ideas. - Embrace the Rollercoaster with Persistence
Entrepreneurship involves extreme daily highs and lows that can last for years, testing your mental resilience. Developing the ability to handle massive insecurity and risk is essential, as the brain eventually adapts if you keep showing up. - Celebrate Small Wins While Ignoring Most Criticism
Early validation like a modest 50,000 NOK grant from an incubator provided crucial momentum when almost everyone dismissed the idea. Stay naively optimistic and use every small victory to fuel continued progress despite widespread skepticism. - Find Your Personal Way to Recharge and Solve Problems
Murshid recharges by โhibernating,โ sleeping and switching off his brain completely during high-stress periods. Stepping away from active thinking often allows the subconscious to deliver creative solutions when conscious effort fails. - Build a Strong Sense of Purpose and Mission
A grand, irrational purpose (changing the world or moving civilization forward) keeps teams motivated through low salaries, near-bankruptcy, and uncertainty. People with extraordinary talent are often driven more by doing the impossible than by money or status. - Invest Heavily in Founder Relationships Before Committing
When starting Supercompany, Murshid and his co-founder spent significant time building deep personal trust through dinners, workshops, and meeting each otherโs families. Strong personal alignment and mutual respect prevent destructive founder conflicts later. - Failure and Humility are Inevitable Teachers
Even after multiple successes, Murshid experienced the pain of a company bankruptcy and realized he had previously judged other founders too harshly from a โhigh horseโ position. True growth comes from experiencing failure yourself, which builds genuine humility and respect for all who try. - At Least Try โ Most People Never Do
The biggest regret for many is not attempting something ambitious, while critics sit safely on the sidelines. Going into the โLionโs denโ and surviving, even if you ultimately lose, creates irreplaceable self-worth and life-enriching stories. - Prioritize Family and Health Over Endless Grinding
Having children helped Murshid realize that life moves fast and that being a present father and husband matters far more than status or building another company. Regularly protecting time for family and physical health provides perspective that pure entrepreneurial success cannot replace.
Transcript

Intro
Building a company is kind of a rollercoaster from day-to-day.
You get a message and then you are in 7th heavens, so to speak.
…and then you get another message, 5 minutes afterwards, and then you’re down again.
It’s just insane!
He came with this massive delegation, right!
I just froze.
I basically switched off the screen, and I started clapping.
I said: “Yay, it has happened!“
Joachim’s Intro of the Guest

Today’s guest is Dr. Murshid Ali.
I first met him when we were in our teenage years, then again through a mutual friend when I studied at NTNU in Trondheim. At some point, we also worked out together at the University of Stavanger sports center. Among other things, we both share a strong passion for entrepreneurship.
At this stage, Murshid is one of Norwayโs most influential tech entrepreneurs and sustainable investors.
He started his journey by founding and scaling Huddlestock as CEO into a leading fintech platform for digital investment management.
He then co-founded Norsk Solar (now called Norsk Renewables), serving as Chief Investment Officer. Later he co-founded Skyfri, an AI-powered platform that optimizes performance for solar power plants worldwide. Heโs also co-founder of Supercompany, which develops and commercializes industry-specific AI solutions.
Today, Murshid is an active investor with more than 40 investments. He serves on the board of Nysnรธ (Norwayโs state climate investment fund), and is a founding partner of Startup Campus. He is also the author of the acclaimed book โDoing the Impossible โ The Art of Building a Tech Company,โ openly sharing raw & unfiltered lessons and was stories on building tech companies from scratch.
…and now dear friends, my conversation with Murshid Ali.
โฑ๏ธ Timestamps
00:00 โ Intro
00:32 โ Guest Intro
02:36 โ Spotting everyday investor frustrations that spark breakthrough ideas
04:00 โ Turning tiny wins and brutal setbacks into forward momentum
07:08 โ Staying composed when high-stakes launches go sideways in public
14:54 โ Understanding why timing often decides funding success or failure
16:19 โ Unlocking creative solutions by deliberately switching off the brain
19:10 โ Building massive infrastructure ventures with zero prior expertise
29:59 โ Comparing the hidden stress levels of tech versus real-asset companies
40:52 โ Why raw, unfiltered founder stories matter more than polished advice
48:17 โ Juggling deep academic research with parallel company building
01:01:40 โ Forging unbreakable founder trust before scaling new ventures
01:11:46 โ Gaining genuine humility after experiencing unexpected company failure
๐ฌ Key Quotes
- โBuilding a company [โฆ] is kind of a roller coaster from day-to-day. You get a message and then you are in seventh heavens, so to speak, and then you get another message 5 minutes afterwards and then youโre down again.โ
- โWe would be naive enough to say:
โWe donโt care!
Weโre just going to continue because we got this 50,000 NOK from the incubator.โโ - โMy way of relaxing is actually just sleeping [โฆ]
So, often when Iโve been in very stressful situations where we are basically technically bankrupt [โฆ]
Iโm just laying in bed and hibernating.
And [โฆ] suddenly thereโs a solution somehow.โ - โBuilding something that hasnโt been done before is a game that you are almost doomed to lose from day 1 according to statistics and everything. So, it doesnโt make sense to do it, but it gives you purpose.โ
- โYou canโt always win when youโre building companies because all the odds are stacked against you. So, you are actually going to lose [โฆ]
If you lose, itโs okay.
Itโs totally fine.
You will survive.
You learned something and at least you tried.โ - โHaving children has changed a lot for me [โฆ] thereโs far more important things than status, making money, even building companies. Itโs being able to be there for your kids, being a present husband and a father.โ
๐ Episode Links
- ๐ค Dr. Murshid M. Ali on LinkedIn
- ๐ Book: ร gjรธre det umulige โ Kunsten รฅ bygge et teknologiselskap
- Huddlestock website
- Norsk Renewables website
- Skyfri website
- Supercompany website
- Startup Campus
- Nysnรธ
Norwegian public climate investment fund (Dr. Murshid M. Ali holds a board seat). - Movie: 300 (referenced during the conversation)
- Kindly
Nordic AI chatbot company founded by Arash Saidi (mentioned in connection with Super Company co-founder). - Nutmeg
UK fintech (mentioned via its founder Nick Hungerford).

Leave a Reply