Exponential Wisdom

Episode 86: Business Model Innovation

May 11, 2020 by exponentialwisdom

Peter and Dan discuss how evolutionary pressures speed up innovation, agreeing that the pandemic will accelerate technological progress and change our lives forever. In the arc of contemporary history, we will remember a clear distinction between life “Pre-COVID-19” and “Post-COVID-19.” To this effect, Peter and Dan demonstrate how business model innovation is at an all-time high, fueling historic levels of productivity and creativity for entrepreneurs in our new “work-from-home” economy.

In this episode:

  • Peter talks about the search for grand challenges — problems that make you angry, or new phenomena you can’t live without — and the process by which you can turn these into solutions or new business models.
  • Dan argues that “scary times” should not be so scary for tenacious entrepreneurs. As the most successful CEOs constantly face risks and unknowns, COVID-19’s uncertainties provide the perfect conditions for entrepreneurs to fail, learn, and thrive… Because building a successful business requires grit, perseverance, and trial by fire.
  • Peter illustrates how intense pressure speeds up the inevitable. In a pre-COVID marketplace, when business owners knew they needed to downsize a department or kill a venture, most put it off “until tomorrow.” Yet as COVID-19 drives businesses to the edge, there is no debating, and one must take action. 
https://media.blubrry.com/exponentialwisdom/p/content.blubrry.com/exponentialwisdom/ExponentialWisdomPodcast_EP_86_Business_Model_Innovation.mp3

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Filed Under: Podcast Episodes Tagged With: creative, evolution, evolutionary pressures, Innovation, productive, scary times, work from home, zoom

Episode 84: Navigating Business in Scary Times

April 15, 2020 by exponentialwisdom

Peter and Dan discuss working-from-home (WFH) dynamics and how they’ve simplified their daily routines as the COVID-19 pandemic upends business-as-usual and forces us to adapt. Making longer-term projections, they illustrate how industries will transform during this global pause, and what implications we’ll see in our everyday lives.

In this episode:

  • Peter emphasizes the importance of treating every problem like an opportunity. By adapting to new (and projected) “normals,” Peter discusses his process for writing down all the problems he faces working from home, and then turning these into opportunities ripe for business.
  • Dan talks about leveraging Zoom across his meetings and workshops, expressing why he is more excited than ever to reinvent business models and common company practices. 
  • Peter features the newly launched FutureLoop “Pandemic Edition,” a daily update on how exponential technologies are impacting the detection, prevention and cure of COVID-19. (Check out the link here!)
https://media.blubrry.com/exponentialwisdom/p/content.blubrry.com/exponentialwisdom/ExponentialWisdomPodcast_EP_84_Navigating_Business_in_Scary_Times.mp3

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Filed Under: Podcast Episodes Tagged With: covid-19, digital, futureloop, virtual, virtual event, virtual work, work from home, zoom

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Peter Diamandis
Dr. Peter H. Diamandis is an international pioneer in the fields of innovation, incentive competitions and commercial space.

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