Exponential Wisdom

Episode 122: All About Timing

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Having a great product or service isn’t enough to ensure success. You need to get your timing right. In this episode, Dan Sullivan and Peter Diamandis discuss the factors that make it either a good time or a bad time to introduce something new.

In this episode:

  • Why economic depressions have led to innovative breakthroughs.
  • What allows young talent to rise in companies with brand new ideas.
  • Massive companies that were created from the financial crisis in 2008.
  • How other people’s bad news can be your good news.

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Episode 76: Adding 30 Years to Your Healthspan

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With the rise of exponential health technologies, Peter and Dan investigate newly available business opportunities using their “first order implications” framework. When biotech advancements turn sickcare into healthcare, and science adds an additional 20-30 healthy years to our lifespans, what new markets emerge (and which ones disappear)? Peter and Dan discuss the implications to businesses, customers, and society as a whole.

In this episode:

  • Dan delves into the social implications of people having longer professional lives, predicting that mandatory retirement will be moved back by at least 10 years.
  • Peter discusses education industry transformations that will result from people having 2-3 careers. Similarly, once people begin to have far more free time, implications within the travel, tourism, and entertainment industries will unlock new challenges and business opportunities.
  • Peter forecasts our increased food demand over coming decades as people live longer. Consequently, he and Dan project a surge in the lab-grown meat market, which will lead to better-tasting, lower-waste, and far more environmentally sound food production.

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Episode 72: When to Kill a Company

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Peter and Dan examine one of the most challenging decisions faced by serial entrepreneurs: when is the right time to kill a company? Illustrating firsthand stories of past company failures, they discuss the most tell-tale signs of dwindling passion and poor long-term prospects. If only plowing ahead out of obligation to investors, you might have reached the optimal time to kill an idea. Whether burning through cash with no profits in sight, or fast losing enthusiasm for a venture’s mission, these revelatory flags can help you pull the plug early and move on to stronger ventures.

In this episode:

  • Peter delves into the story of building Zero Gravity Corporation, his struggles with the FAA, and creative maneuvers for launch after 11 long years.
  • Dan discusses the respective roles of excitement, disappointment, and fluctuating mental resolve in determining your commitment to an idea, and discerning when to let it go.
  • Peter and Dan agree that a critical step in launching any startup involves testing your idea against the marketplace early. In a similar vein, Dan explains why he only talks to “check-writers” when determining the validity of an idea.

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Episode 9: How the Sharing Economy Can Disrupt Your Business

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Episode 9In this episode, Peter and Dan discuss how to keep up with the sharing economy and how it will affect your business.

 

 

In This Episode:

  • Peter explains the sharing economy and how it is impacting the world
  • Peter and Dan discuss how to keep up with the sharing economy and how it will affect your business
  • How your business will be disrupted if you don’t disrupt it first

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