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Exponential growth of technologies (robotics, AI, Mores law etc.): if you are
not an expert, team with the ones how are, and build together a business.
This is crowd sourcing.
If you want be a billionaire, help a billion people. By 2020 there will be an
additional 3- 5 billion people connected compared to today. What can you
The disruption rate of companies is increasing, a new company lifespan is
much shorter nowadays, it is around 15 years. Therefore each company shall
ask: how can I disrupt my company?
Larry Pages simple measure for people: Are you working on someone that
will change the world? The answer is NO by 99.999999999999%.
Everybody tries to go 10% bigger. Try to go 10 times bigger. (i) there will
practically be no one to compete with; (ii) you have to start with a clean
sheet of paper and approach the problem completely differently (e.g., Tesla);
(iii) it is not 100 times harder, but the reward is 100 times more
All these guys (Larry, Elon, Jeff) have passion and purpose.
Crowd founding is increasing hugely entrepreneurs should consider (there is
very low downside) (i) you have the money in advance (ii) it turns out if the
world wants your product or service, you get the honest feedback. Builds the
community that makes you or break you.