From 600+ conversations with the world’s leading thinkers.
The scope of entrepreneurial fulfilment, the scope of new entrants changing the world is broader than ever before, and that's great for society. That's great for everyone.
Great founders such as Brian Chesky of Airbnb, Drew Houston of Dropbox, or Adi Tatarko of Houzz, are all on a mission to build a product or service that corrects something that they believe the world got wrong. They are on a mission to correct a personal problem or personal pain.
For the entrepreneurial spirit to manifest as successful business and social endeavours, we need a nurturing environment and an infrastructure that celebrates the human will to solve problems and progress.
BitTorrent is the first time in history that people found a way to make decentralised infrastructure work better and more efficiently than centralised. Transferring files through BitTorrent is 100-1000% faster than centralised infrastructure.
It was possible to get up to 0.4 milligrammes per day, and all of a sudden there was a 14 to 15 per cent weight loss. That changed the whole picture.
We must not only use the emotional part of exploration, but also the state of mind of exploration which encourages us to get out of our bad habits, beliefs, everything we know, our comfort zone, and even our way of thinking. The mindset of exploration encourages us to find new solutions.
If you want to have a great startup idea, don't try to think of a startup. If you focus on creating a startup, you'll be grounding yourself in the present, studying customers living in the present, their problems in the present, and their unmet needs in the present.
We have to get out of this 'tax to spend' mentality and think about using resources to create investment funds that support local businesses, while also expecting to get something back as those businesses appreciate. Those are very different mentalities.
For many years, motorsport resembled a pyramid—a well-established, widely recognized structure with Formula 1 at its pinnacle. When Formula E emerged, it occupied a completely different position. It remains somewhat set apart, and only in recent years has it begun to be recognized as established motorsport by the broader community.
Six years ago, I got a phone call in Boston, an investor asked me what I thought about cultured meat? ..my answer was that it's probably one of the stupidest ideas I've ever heard in my life.! And the question is, why? It's supposed to be obvious! When you take muscle cells, fat cells, or stem cells (that can become both muscle and fat), those cells don't grow very well outside of the body – they stop.
At some point, while working on the rotation routine, I was watching a piece rotate on the screen. It was then that the idea struck me—the game could be played in real-time. That was the very first important 'aha' moment for Tetris.
I define disruption as being where the incumbent players and incumbents somehow deny what their customers are saying or want differently. A disruptor comes in, sees a problem more clearly, and in some cases has more freedom to attack the problem.