How to Go Big, Create Wealth and Impact the World. A Book Of Possibilities
By: Madan Sabnavis,
IF WE create a triple sundae with the layers being exponential technologies, some unique and innovative thinking and crowd-powered tools, we can convert the world’s biggest problems into impactful opportunities. This is what the book Bold is all about. Authors Peter H Diamandis and Steven Kotler take us through these three components for creating wealth and impacting the world.
Bold is a guidebook telling entrepreneurs how to harness technology to start their enterprise. In the good olden days, it was widely believed that only large, well-known companies could make a difference in the business space, as they had the size and financial strength to do so. But this is passé now. With the use of technology, one can cross this perceived barrier faster than ever before. This is so because technology, as per the authors, is exponential in impact.
Hence, if one has a new idea and wants to pursue it, technology can be used meaningfully to make the super leap and create a successful enterprise.
But for this to happen, we need to also have the right kind of mindset. We need to have, what the authors call, a ‘mental toolkit’ to be innovators and chase our dream to make it big. Here, the stories of successful entrepreneurs like Richard Branson, Larry Page, Elon Musk and Jeff Bezos are provided as examples of people who thought differently and created not just flourishing enterprises, but also wealth in terms of knowledge and money for the world.
The third component is the widespread use of crowdsourcing for creating these enterprises. Today, in the age of the Internet, the entire world is inter-connected. So crowdsourcing can be used for pooling ideas and funds to make any venture happen. This also hastens the speed of creating an enterprise. Raising capital, in particular, has always been a challenge for anyone contemplating starting an enterprise and crowdfunding fills this lacunae well enough. Read more…