Twitter co-founder Jack Dorsey is on a crusade to free commerce and leave consumers lighter in the pocket – in a good way. His new company Square is making it easier to do business and almost needless to carry cash with a new device that turns smartphones and iPads into credit card terminals.
It’s a plug and play setup that lets entrepreneurs get started anywhere, without the need to rent credit card processing equipment. Over 750,000 companies in the US already use Square and it’s only been going for a year.
In tough economic times anything that stimulates and liberates commerce has to be a good thing. Need a new challenge? Why not supercharge your iPhone and kick-start your dream business? For inspiration, check out this article on seven mega-companies that started in garages. Then go make something happen.