While studying, Senad dedicated weekends to his projects.
"I spent hours in front of the computer, developing websites and exploring new ideas. It was exhausting, but I believed the effort would pay off," he shares.
He didn't see significant results for the first four or five years.
"My father often asked, ‘Does it make sense to invest so much when there’s no tangible outcome?’ But I believed entrepreneurship isn’t linear—it’s full of ups and downs before you achieve success," he explains.
Finally, one of his projects—a website for learning new foreign words—succeeded wildly.
"It attracted thousands of daily visitors, and through ads, I started earning enough to cover expenses and live off my work. That success encouraged me to fully commit to my projects," he says.
Journey to America
An opportunity to go to America arose during his studies, enabling Senad to gain new experiences.
"My colleague Nikola Mirković, now my business partner, and I decided to apply for an exchange program," he recalls.
Senad and Nikola had shared many experiences, from playing basketball to studying and dreaming big.
"Going to America was our shared dream. I remember waiting in line all night to secure our spots," he says.
Senad ended up in San Francisco, while Nikola was in San Jose.
"The cities were close, so we frequently met to share experiences. Living in America was an incredible experience that opened my eyes to new possibilities," he concludes.
Experience in Silicon Valley
Living in San Francisco was a turning point for me. Silicon Valley is the global hub of innovation, where everyone works on something big. "Every conversation in a café was about startups and technology. That energy and the people’s focus on innovation were contagious," Senad recalls.
I first encountered the term "startup" in Silicon Valley. There, I realized that a startup is not just a new company—it’s an organization with big ambitions to change the world. That philosophy motivated me to think more broadly and deeply about my projects.
However, while there, I noticed one thing—I lacked knowledge about the business side of entrepreneurship.
"I realized that while I was technically skilled, I needed to learn more about business—how to attract investors, scale projects, and manage a company," says Senad.
Returning to Sweden and business direction
After returning from America, I expanded my education and enrolled in a business school focused on entrepreneurship. The program was unique, accepting only twenty students annually, emphasizing developing your own companies.
The first year was theoretical, but the second year was entirely practical. We had the opportunity to work on our projects in an environment that simulated the real business world, and that experience was invaluable.
First business partner and new projects
During college, I met a professor who already owned a company. One day, he told me, "I have an idea for an app for Swedish schools. Would you be interested in working on it with me?" This opportunity to learn from someone more experienced and develop a new project was invaluable.
We started a company and developed an app that became very successful. The company still exists, although I recently sold my share after 14 years. At that point, I felt the need for new challenges and decided to focus on new projects.
Inspiration from Silicon Valley
At that moment, my focus was on exploring the world. America was entirely different from anything I had seen before. Most of my life had been spent between Bosnia and Herzegovina and Sweden, and while I eagerly awaited summers in Bosnia and Herzegovina, I had never had the chance to see other parts of the world. San Francisco felt like a magnetic force—a place where technology and innovation are at their epicenter.
When I arrived, I didn’t fully understand the significance of Silicon Valley. I soon realized it was the global center of technology. All the major companies, like Google and Facebook, originated from this region. The energy of the place was incredible—everyone was working on a major project or idea. In cafés, you’d hear conversations about startups, plans to launch companies, and ambitions to change the world. It was a place where everyone dreamed big.
The importance of business knowledge
It was during this time that I became aware of my limitations. Although I was an engineer and understood the technical aspects well, I realized I needed to learn more about business to keep up with conversations and understand the language of business.
Returning to Sweden and educational focus
When I returned from America, my father asked me, "What’s your next step? Will you continue studying?" I remember choosing my first degree when I picked a three-year program from a brochure. My father insisted on choosing a serious field and believed education was the key to success. In the end, I decided to enroll in an entrepreneurship program.
The program was prestigious, admitting only 20 students per year. Its focus was on developing companies, where the first year was theoretical, and the second year was in an "incubator"—a practical environment where we developed our projects. It was an incredible experience that helped me understand how to turn an idea into a functional business.
Toward the end of college, my professor approached me about developing an app for Swedish schools. "I have an idea, and I want us to work together," he said. It was a chance to collaborate with someone experienced and learn directly from practice.
The professor already had experience—he had founded a company in 2000, sold it, and returned to academia. The project became successful, and the company still exists. After 14 years of working in that company, I decided to sell my share because I felt it was time for new challenges.
This marked the beginning of my journey toward even more ambitious goals.
Returning to Bosnia and Herzegovina
I have always wanted to return to Mostar. Even as a child, I loved spending summers in Bijelo Polje, and that longing never left me. My brother had already returned to Bosnia and Herzegovina, working remotely for Swedish companies, which motivated me further.
When I decided to share my plans with my parents, I was nervous about how they would react. However, they supported me without hesitation. My father said, "If it doesn’t work out, you can always return." That support was crucial.
I immediately contacted my friend Nikola, my long-time colleague and partner on various projects. I proposed that we start a company in Bosnia and Herzegovina. I would move to Mostar to organize the team, and he would focus on finding clients in Sweden. His optimism and support were invaluable.
The first client
Our first client was a former karate coach I had worked with. His company developed snow removal systems in Sweden, and he was ready to give us an opportunity. That’s how everything began.
The first year wasn’t easy. I had launched a company in a field where I wasn’t entirely confident. While I was familiar with IT, running a consultancy, negotiating with clients, and setting prices were all new to me.
I faced many uncertainties but told myself I wouldn’t give up. There were challenging moments, but after the first 12 months, I felt things were falling into place. The company became stable, and I felt satisfied and secure in my decision.
This happened during a new emigration wave from Bosnia and Herzegovina around 2015 or 2016. Many had lost hope for positive change, waiting for improvements since the war, but they never seemed to come.
Adapting to Bosnia and Herzegovina’s challenges
Living and working in Sweden has given me experience with a highly organized system. Coming to a country like Bosnia and Herzegovina, which was far less structured, was a stark contrast. Still, I didn’t see the country’s problems as insurmountable.
For me, every problem is something that can be solved. My mindset was, "What’s the issue? What’s holding us back?" We have the internet, computers, and global connectivity. I believed the strategies I applied in Sweden and America could work in Bosnia and Herzegovina.
Partnering with Nikola
I spoke earlier about Nikola, who had also lived in America. For four years, he dedicated himself to a project for nightclubs and events, working tirelessly despite setbacks and frustrations.
Nikola’s perseverance and resilience inspired me, and I knew we shared the same values. This partnership became a foundation for our ventures in Bosnia and Herzegovina.
Reverse brain drain
By 2016, I noticed more friends returning to Bosnia and Herzegovina from Sweden, America, and Canada. My inbox was full of messages from people wanting to discuss returning. Although I couldn’t always provide concrete answers, I saw a renewed sense of hope among people.
Bosnia and Herzegovina has changed over the past eight years, and while challenges remain, there’s a growing belief that positive changes are possible.
Creating a global impact in Bosnia and Herzegovina
Our firm decided to reinvest part of the revenue from consulting services into developing our products. One such product, AvidNote, is a tool for researchers, especially PhD students, and is now used by over 100,000 people worldwide, including prestigious universities like Princeton, Harvard, and Helsinki.
"This product was built in our offices in Mostar, proving that global success can originate from Bosnia and Herzegovina."
Digital nomad initiative
The pandemic accelerated many trends, including the rise of digital nomads. Inspired by this, I wanted to create a space in Bosnia and Herzegovinawhere digital nomads could work and live.
We purchased a motel in Mostar’s Old Town and transformed it into a co-living and coworking space. It has ergonomic chairs, monitors, high-speed internet, and shared workspaces. This space attracts digital nomads who stay for extended periods, bringing fresh ideas, knowledge, and experience to the local community.
Balancing business and purpose
Looking back, I see how our company evolved from just a business to a vehicle for positive societal impact. Initially, I wanted to live in Mostar because I loved it, but over time, I realized the broader significance of what we’re doing.
Our initiatives demonstrate that success is possible in Bosnia and Herzegovina and encourage others to stay and build their futures here.
Bosniaa nd Herzegovina’s potential
Bosnia and Herzegovina has immense potential, especially when tapping into its diaspora. By connecting local talent with global resources, we can achieve significant progress.
In ten years, I see Bosnia and Herzegovina leveraging technology and digitalization to narrow the gap with developed countries. We can build a prosperous future by learning from examples like Estonia and Ireland and fostering a sense of unity and vision.
The key is to foster trust and collaboration between local communities and the diaspora. With a shared effort and vision, Bosnia and Herzegovina can thrive.
Challenges and lessons from Bosnia and Herzegovina
When I returned to Bosnia and Herzegovina in 2016, I faced unexpected challenges. While I knew Bosnia and Herzegovina lacked the level of organization seen in Sweden, the hurdles were more complex.
One major obstacle was navigating bureaucracy and adapting to a slower pace of doing business. While Sweden operates with precision and predictability, Bosnia and Herzegovina requires flexibility and creativity to get things done. Despite this, I approached every challenge with a problem-solving mindset, believing there was always a way forward.
Contrasts between systems: Sweden, America, and Bosnia and Herzegovina
Sweden provided me and my family with stability and opportunity. The country’s social safety net is unparalleled, offering free education, healthcare, and family support. My mother often described Sweden as "a bird in a cage"—everything is provided, but strict rules and systems limit freedom.
America, on the other hand, represented the opposite extreme. It was a land of raw capitalism, where success often depended entirely on individual effort. Living in San Francisco, I experienced stark contrasts—one street reflected wealth and innovation, while the next revealed homelessness and chaos. These contrasts shaped my understanding of global systems and emphasized the importance of balance.
Bosnia and Herzegovina, in comparison, offers a sense of freedom but lacks Sweden's infrastructure and safety nets. However, this freedom allows for creativity and innovation, making building something meaningful with the right mindset and perseverance possible.
One of my guiding principles is fostering fairness and collaboration within my companies. For example, we implemented a profit-sharing model where we distribute 50% of profits among employees. This approach not only motivated the team but also built trust and loyalty.
I’ve also emphasized reinvesting in our local community. By creating opportunities for young professionals to stay and work in Bosnia and Herzegovina, we aim to counter the brain drain and demonstrate that success is possible here.
Digital nomads and sustainable toursim
The co-living and coworking space in Mostar has been one of my most fulfilling projects. By attracting digital nomads, we’re extending the tourist season and creating a more sustainable model for tourism.
Digital nomads bring new ideas, skills, and connections to the local community. The space isn’t just a place to work—it’s a hub for collaboration and cultural exchange. This initiative can inspire others to think creatively about using Bosnia and Herzegovina’s unique assets.
The broader mission
What started as a personal journey to build a life in Mostar has evolved into a mission to contribute to Bosnia and Herzegovina’s development. While the challenges are significant, I’ve learned that small, consistent efforts can create meaningful change.
For example, our product AvidNote has gained global recognition, a testament to what can be achieved in Bosnia and Herzegovina. Similarly, our work with digital nomads showcases the potential to reimagine tourism and attract talent to the region.
I see a growing trend of people from the diaspora returning to Bosnia and Herzegovina, bringing with them knowledge, resources, and new perspectives. These individuals represent a vital link between Bosnia and Herzegovina and the rest of the world.
I’ve noticed a renewed sense of hope in conversations with diaspora members. Many are willing to invest their time and resources in Bosnia and Herzegovina, providing trust and a clear vision for the future.
Looking ahead
Bosnia and Herzegovina has all the ingredients for success: natural beauty, talent, and a resilient community. The key is harnessing these strengths through collaboration, innovation, and a commitment to progress.
Bosnia and Herzegovina can create a brighter future for all its citizens by building trust between the diaspora and the local community, fostering entrepreneurship, and embracing technology.
Through my experiences in Sweden, America, and Bosnia and Herzegovina, I’ve learned that success comes from finding purpose and contributing to something larger than yourself. Bosnia’s potential is immense, and I’m committed to unlocking it.
Returning to Bosnia and Herzegovina was one of the best decisions of my life. It’s given me a sense of purpose and the opportunity to leave a lasting impact.
My journey has shown me that with the right mindset and determination, you can create meaningful change, no matter where you are.
I believe Bosnia and Herzegovina’s story is still being written, and with a shared vision and effort, the best chapters are yet to come. 🌟