Bold Buchzusammenfassung - das Wichtigste aus Bold

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Zusammenfassung von Bold

Name: Bold
Rating: 4.2 (126 reviews)
Author: Peter H. Diamandis and Steven Kotler

Peter H. Diamandis and Steven Kotler

How to Go Big, Create Wealth and Impact the World

4.2 (126 Bewertungen)

19 Min.

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What’s in it for me? Discover the power of exponential growth and how to tap into it.

A fundamental question that all companies face is how to grow their business, and grow it fast. So what’s the trick?

You’ve got to be bold. A bold company is a company that has unlocked the power of exponential growth.

These blinks explain how new technology enables new kinds of exponential growth. The emergence of a global online community has opened up possibilities for growth that, a mere 20 years ago, was the stuff of dreams. Crowdsourcing, crowdfunding, and other ways of tapping into this community’s power can rocket a startup from the doldrums to dominion in no time at all.

In these blinks you’ll learn

how Clarence Johnson designed the United States’s first military jet in only 143 days;
how to get other people to pay for building a swimming pool; and
how to make your plants tell you what they need.

The exponential growth of technology is democratizing the power to change the world.

Some 66 million years ago an asteroid wiped out all the dinosaurs, leaving the ruling of the world to a new group of animals – our furry little mammalian ancestors. Currently, another monumental event is rocking our modern world: the rise of exponential technology.

And like that fateful asteroid, exponential technology will wipe out today’s dinosaurs, i.e., all lumbering, innovation-resistant companies.

Our understanding of exponential technological growth was first formulated by Gordon Moore, founder of Intel, who noticed that the number of transistors on integrated circuits consistently doubled about every 12 to 24 months. This trend of exponential growth is called Moore’s law.

To understand how Moore’s law affects our world, consider that our smartphones are a million times cheaper and a thousand times more powerful than a supercomputer from 1970.

When a medium or technology is digitalized – like when photography changed from images on physical film to images stored as ones and zeros – its growth rate becomes exponential. After digitization, photography achieved such profuseness and popularity that companies were soon willing to fork out huge amounts of money to get in on the action. Facebook, for example, bought Instagram for a cool $1 billion.

Exponential technology, in addition to bringing us neat gadgets like smartphones, is democratizing the power to change the world.

3D printing, for example, is furthering the democratization of manufacturing. Thanks to 3D printing, manufacturing a new car design no longer requires the building of an entirely new factory. With the right resources, almost anyone can do it. Today, most cars have 3D printed parts, and an entire car can now be printed on one site in one day.

On a smaller scale, some experts think that 3D printers will be a sound investment for individual households. A 3D printer can quickly manufacture enough products to pay for itself, and if we each owned one, it would irreversibly change the world of manufacturing.

Exponential technologies offer the world’s biggest business opportunities.

These days, getting ahead as an entrepreneur means knowing which exponential technologies are on the verge of wide availability.

One such technology, Artificial Intelligence (AI), will soon be ubiquitous in our daily lives. And some of these machines are already well on their way to near-human sophistication.

Skunk methodology helps entrepreneurs finish cutting-edge projects in record time.

In 1944, German fighter jets ranged the skies above Europe, and the US lacked the technology to help the Allies fight back.

Then came Skunk Works, a small cadre of engineers and mechanics with freedom to design military jets however they saw fit. It was a resounding success.

To go big with your idea, you’ll have to win people over with “super-credibility.”

To pull off any kind of grand, bold idea, you’re going to need support. You’ll need to surround yourself with many people who don’t just believe in your idea, but find it so exciting that they want to become involved.

And to win people over, your idea will need super-credibility.

Exponential entrepreneurs need to be passionate and optimistic.

If you want to learn about the mindset required to build world-changing, multibillion-dollar companies, it’s necessary to look at successes from the past. By turning to some of the most remarkable entrepreneurs of our time, we can learn what kinds of psychological strategies exponential entrepreneurship requires.

Take Elon Musk, for example, the serial entrepreneur who reinvented banking and built four multibillion-dollar companies – PayPal, the automotive company Tesla Motors, the aerospace company SpaceX and the power generation company SolarCity. He is relentless in pursuing long-term goals and always approaches new projects with enthusiasm.

Crowdsourcing lets the online crowd do your work for you.

Making your fledgling start-up grow exponentially can be a difficult endeavor. Luckily, there are some great tools available to you. New communication technology, for example, is connecting people all over the globe and opening up a world of possibilities.

Another one of these tools is crowdsourcing, i.e., taking a function once performed by employees and, after making an open call for assistance, outsourcing it to a large and often anonymous network of people.

Crowdfunding is one of the greatest capital-raising tools available to today’s entrepreneurs.

Until recently, many of the world’s big challenges were off-limits to the average person, since tackling these issues required a large amount of capital. Today, however, you don’t need to be wealthy to be successful as an entrepreneur. You just need to know how to use the tools available to you.

Crowdfunding is one such exponential growth tool that lets anyone tap the resources of potential supporters and customers.

In order to tackle bold challenges, you need to build a committed and capable community.

The crowd isn’t the same as a community. The crowd represents every potential customer or supporter out there, whereas your community consists of those you pull from the crowd and with whom you develop a working relationship.

With the help of a committed and capable community, you can tackle challenges that would be impossible to tackle alone.

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Worum geht es in Bold?

Bold (2015) is a guide to creating wealth by using today’s most impactful, cutting-edge tools: exponential technologies. Using real-life examples and step-by-step guides, the blinks explore how to transform start-up concepts into billion-dollar companies.

Wer Bold lesen sollte

Anyone who is interested in entrepreneurship
Anyone who wants to positively impact the world and make money doing it

Über den Autor

Peter H. Diamandis, founder of the X Prize Foundation and co-founder of Singularity University, is an engineer, entrepreneur, physician and space enthusiast. He also co-authored the bestselling book Abundance, with Steven Kotler.

Steven Kotler is a journalist, entrepreneur and author, who, in addition to co-authoring Abundance, has published articles in The New York Times Magazine and Wired.

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