Bold: How to Go Big, Create Wealth and Impact the World

Bold: How to Go Big, Create Wealth and Impact the World

  • Downloads:8659
  • Type:Epub+TxT+PDF+Mobi
  • Create Date:2021-07-13 08:54:29
  • Update Date:2025-09-07
  • Status:finish
  • Author:Peter H. Diamandis
  • ISBN:1476709580
  • Environment:PC/Android/iPhone/iPad/Kindle

Summary

“A visionary roadmap for people who believe they can change the world—and invaluable advice about bringing together the partners and technologies to help them do it。” —President Bill Clinton

A radical, how-to guide for using exponential technologies, moonshot thinking, and crowd-powered tools, Bold unfolds in three parts。 Part One focuses on the exponential technologies that are disrupting today’s Fortune 500 companies and enabling upstart entrepreneurs to go from “I’ve got an idea” to “I run a billion-dollar company” far faster than ever before。 The authors provide exceptional insight into the power of 3D printing, artificial intelligence, robotics, networks and sensors, and synthetic biology。 Part Two draws on insights from billionaires such as Larry Page, Elon Musk, Richard Branson, and Jeff Bezos and reveals their entrepreneurial secrets。 Finally, Bold closes with a look at the best practices that allow anyone to leverage today’s hyper-connected crowd like never before。 Here, the authors teach how to design and use incentive competitions, launch million-dollar crowdfunding campaigns to tap into tens of billions of dollars of capital, and finally how to build communities—armies of exponentially enabled individuals willing and able to help today’s entrepreneurs make their boldest dreams come true。

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Reviews

Teji

Makes some excellent and thought-provoking points but overall is more broad but deep。 Interestingly, several of the crowd-funded ventures he uses as examples failed to have sustained success and a few of them actually crashed and burned, taking the entrepreneur along。Quotes(view spoiler)[“Thousands of years ago, it was only kings, pharaohs, and emperors who had the ability to solve large-scale problems。 Hundreds of years ago, this power expanded to the industrialists…But today, the ability to so Makes some excellent and thought-provoking points but overall is more broad but deep。 Interestingly, several of the crowd-funded ventures he uses as examples failed to have sustained success and a few of them actually crashed and burned, taking the entrepreneur along。Quotes(view spoiler)[“Thousands of years ago, it was only kings, pharaohs, and emperors who had the ability to solve large-scale problems。 Hundreds of years ago, this power expanded to the industrialists…But today, the ability to solve such problems has been thoroughly democratized。 Right now…a passionate and committed individual has access to the technology, minds, and capital required to take on any challenge…Even better, that individual has good reason to take on such challenges。 As we will soon see, the world’s biggest problems are now the world’s biggest business opportunities…the best way to become a billionaire is to solve a billion-person problem… This book was written as both a manifesto and a manual for today’s exponential entrepreneur…”” -Introduction“Underestimating the power of exponentials is easy to do。 We hominids evolved in a world that was local and linear…our brains—and this our perceptual capabilities—were never designed to process at either this scale of this speed…you need to have a better understanding of how [exponential] change unfolds…I have developed a framework called the Six Ds of Exponentials: digitalization, deception, disruption, demonetization, dematerialization, and democratization。 The Six Ds are a chain reaction of technological progression, a road map of rapid development that always leads to enormous upheaval and opportunity…Digitalization[:] This idea starts with the fact that culture makes progress cumulative。 Innovation occurs as humans share and exchange ideas…This type of exchange was slow in the early days of our species (when all we has as a means of transmission was storytelling around the campfire), picked up with the printing press, then exploded with the digital representation, storage, and exchange of ideas made possible by computers。 Anything that could be digitized…could spread at…the speed of the Internet…anything that becomes digitized…hops on Moore’s law of increasing computational power…Deception[:]…a period during which exponential growth goes mostly unnoticed。 This happens because the doubling of small numbers often produces results so miniscule they are often mistaken for…linear growth…Once these doublings break the whole number barrier…they are only twenty doublings away from a millionfold improvement…It is at this stage that exponential growth, initially deceptive, starts becoming visibly disruptive…Disruption[:]…any innovation that creates a new market and disrupts an existing one。 Unfortunately, as disruption [is always proceeded by] deception, the original technological threat often seems laughably insignificant…the chain reaction we’re tracking is cumulative。 Thus the three Ds that follow…are far more potent than their predecessors…Demonetization[:] This means the removal of money from the equation。 Consider Kodak。 Their legacy business evaporated when people stopped buying film。 Who needs file when there are megapixels?。。。Skype demonetized long-distance telephony; Craigslist demonetized classified advertising; Napster demonetized the music industry。 This list goes on and one。 More critically, because demonetization is also deceptive, almost no one withing those industries was prepared for such radical change…Dematerialization[:]…the vanishing of the goods and services themselves…Following the invention of the digital camera came the invention of the smartphone…Once those smartphones hit the market, the digital camera itself dematerialized…Democratization[:]…is what happens when…hard costs drop so low they become available and affordable to just about everyone…it is what happens when physical objects are turned into bits and then hosted on a digital platform in such high volume that their price approaches zero…Many legacy institutions…once were able to make a great living resting on their laurels…Not anymore。 Today the final three D’s in our chain reaction can disassemble companies and disrupt industries almost overnight…For linear-thinking companies, the six Ds of exponentials are the six horseman of the apocalypse…For these exponential entrepreneurs, the future is not about disruptive stress; rather, it’s frothing with disruptive opportunity。” -ch1“These days, MakieLabs is entirely powered by 3-D printers。 ‘In our offices we have three small MakerBot printers for prototyping…Once the design is right, we the print the final product using large 3D Systems printers on the cloud。 We avoid both the huge capital expense required by tooling and by using on-demand cloud printing, we don’t need to buy the large production 3-D printers ourselves…We don’t have warehouse costs, don’t need to travel back and forth…don’t even need to print out packaging in large batches…” -ch2“Instead of launching a finely polished gem, companies now release a ‘minimum viable product,’ then get immediate feedback from customers, incorporate that feedback into the next iteration, release a slightly upgraded version, and repeat…This is rapid iteration…That’s why LinkedIn founder Reid Hoffman famously said, ‘If you’re not embarrassed by the first version of your product, you’ve launched too late。” -ch4“[…researcher Mihaly Csikszentmihalyi’s pioneering concept of Flow]…Flow most certainly works。 As a result, our brains are hardwired for the experience。 We are all designed for optimal performance—it’s a built in feature of being human。” -ch5“We needed to be super-credible。 So how did we do it…Step One: Familiarity matters。 We started by recruiting the help of people who had seen us succeed over the previous five years…The very best people to help you with your next project are those who helped you or watched you succeed with your last…if you’re lacking a track record, make one。 Start your bold project with a much smaller effort aimed at letting others see you pull it off。 Then tap that network for your next step…Step Two: Slow down and build credibility。 Instead of rushing headlong toward our bold goal of a space university, our first step was to organize a conference to ‘study’ the feasibility…Many entrepreneurs skip this step。 They have a bold idea, get a little traction, and mistake that vote of confidence for a sign that big dollars are around the next corner…read traction means more than just a little confidence; it requires a lot of trust。 Investors love ideas, but the fund execution…” -ch5“The best way to predict the future is to create it yourself。” -ch5(hide spoiler)] 。。。more

John

Crucial knowledge for transforming the world(and getting rich while you're at it)。I can't recommend this book enough for inventors, entrepreneurs, and all big and bold thinkers alike。 I've been building many invention and business ideas for years, but I didn't have any very concrete plans for how to hit the world with them besides just going straight to super rich people in search of funding。 Then this book opened up a whole world of actionable possibilities I'd never even considered。。。while spa Crucial knowledge for transforming the world(and getting rich while you're at it)。I can't recommend this book enough for inventors, entrepreneurs, and all big and bold thinkers alike。 I've been building many invention and business ideas for years, but I didn't have any very concrete plans for how to hit the world with them besides just going straight to super rich people in search of funding。 Then this book opened up a whole world of actionable possibilities I'd never even considered。。。while sparking some new even bolder visions of how to quickly and massively transform society for the better。 Inspiring, informative, and highly motivating。 A must read for all bold thinkers with big aspirations。 。。。more

Zack Hodges

an interesting。。。。。。 bit dated post covid

Irwan

do not finish this。 nothing new so far for me。

Masatoshi Nishimura

Compared to his other book Abundance, this book is catered towards entrepreneurs。 He gives out a detail plan of how to run a successful crowdfunding campaign as well as building an online community。 The detail was step by step。 And every page on those chapters was worth taking notes。For example, you need to take 5 team members: celebrity, campaign manager, tech expert, graphic designer, and IT guy。 He shared how he launched his campaign, raised $1 million, and covered 1/3 cost for the space tele Compared to his other book Abundance, this book is catered towards entrepreneurs。 He gives out a detail plan of how to run a successful crowdfunding campaign as well as building an online community。 The detail was step by step。 And every page on those chapters was worth taking notes。For example, you need to take 5 team members: celebrity, campaign manager, tech expert, graphic designer, and IT guy。 He shared how he launched his campaign, raised $1 million, and covered 1/3 cost for the space telescope。As for inspiration, I did like Teller's idea of shooting for 10x improvement which will end up 2x in the reality。 He says that's better than aiming for 2x only to settle down in 5%。 Another idea is Musk's saying about the first principle that staves you off from the crowd thinking。 And he says to think probabilistically。 We think doing the same thing over and over expecting a different result is a definition of insanity。 But in the probablistic world, that's not the case。 Although they are both not Peter's original idea, this is a beautiful mentality to have。Given that crowdsourcing was trendy at the time, the content did gear towards global internet gig work type ideas, which is still relevant today。 I do note however that he's missed out on the crypto movement。 So it suffices to say reading this book would not have made you a Bitcoin millionaire。 。。。more

Niklas Westin

A really good book on big ideas。 At the end of the book there are really good instructions on how to take action。 Good stuff and remember to take notes!

Billy

The author should have written three books instead of putting this content all into one。

Rohan Sachidanand

Good entrepreneurship motivation, and principles。 However a long drag on crowsourcing in the last quarter of the book can be avoided。

Yuliyan Velichkov

Maybe if I had read this book 5-6 years ago I would have appreciated it much more。 But now, most of its topics that cover future trends sound outdated。 There is also too much focus on topics like "how to organize a million dollars competition" which is too far from where I am。 Maybe if I had read this book 5-6 years ago I would have appreciated it much more。 But now, most of its topics that cover future trends sound outdated。 There is also too much focus on topics like "how to organize a million dollars competition" which is too far from where I am。 。。。more

Jason Milne

An encyclopedia of startup culture euphoria and buzzwords。 The authors are brilliant, the book wasn't what I was expecting。 An encyclopedia of startup culture euphoria and buzzwords。 The authors are brilliant, the book wasn't what I was expecting。 。。。more

Dale

Simply awful。

Micheal Mckay

Maybe useful if you’re new to the concept of having goals, or the courage to think big。 But if you’ve been an entrepreneur, if you’ve read about business, there’s nothing particularly new here。 Listen to the Masters of Scale podcast for more diverse, interesting content。

Kent Winward

One of the main elements of the book, asteroid mining ended up being a massive fail (forward?)。 Given the fallout afterwards, it raises some interesting ethical issues of plugging bold ideas to the crowd。 Interesting stuff, but I always felt like I was getting more hype than substance, more name dropping than practical advice。

Jari Hentunen

Positive examples and blueprints on exponential start-ups。

Brendan Artley

Interesting read for the bold-minded who look into the future。

Minh Duy

Bold by Peter Diamandis and Steven Kotler is a wonderful book introducing us to what is going to happen in the next few years and more importantly, how to be prepared for what is about to happen。 It introduces us to the new exponential technologies that are and will continue to disrupt our world as well as how to harness their powers to bring changes and make the world a better place to live。 All and all, there are two eminent ideas that stuck with me after I finished reading Bold: Think Bigger Bold by Peter Diamandis and Steven Kotler is a wonderful book introducing us to what is going to happen in the next few years and more importantly, how to be prepared for what is about to happen。 It introduces us to the new exponential technologies that are and will continue to disrupt our world as well as how to harness their powers to bring changes and make the world a better place to live。 All and all, there are two eminent ideas that stuck with me after I finished reading Bold: Think Bigger to Achieve More, and Harness the Power of the Crowd。 。。。more

Reyhan

This should have been a 5 but the fact I hit a real hard wall on the 3rd section of the book takes away from my personal experience。Just based on its incredible topic, something was clueless about, this is an admirable book。 It explains how a few people working from a garage now have the power to disrupt and literally reinvent longstanding industries。 All via exponential technology。Examples of such technologies in work include, Airbnb, a relatively recently formed organisation being valued highe This should have been a 5 but the fact I hit a real hard wall on the 3rd section of the book takes away from my personal experience。Just based on its incredible topic, something was clueless about, this is an admirable book。 It explains how a few people working from a garage now have the power to disrupt and literally reinvent longstanding industries。 All via exponential technology。Examples of such technologies in work include, Airbnb, a relatively recently formed organisation being valued higher than the well established worldwide Hyatt hotel chain despite not owning any property。 Or Kodak going  bankrupt despite a century long monopoly on photography industry。 While simultaneously, Instagram with its few employees was valued at a billion in little over 18 months and is clearly the platform for sharing photographs。I liked the optimism, passion and excitement of the authors which filters through in the writing style。 They are clearly the optimists/visionaries/dreamers that can inspire a spark in you to think big。 I found it to broaden my vision and make me rethink my own impact on society。 The book is divided into 3 parts。 The first explaining the new technologies set to grow exponentially such as AI, 3D printing and synthetic biology(gene editing) among others。 I personally found this to be the most fascinating part of the book。 The second is regarding the mindset required for it。 Basically, the mindset not just to think and dream big but to persist。 Gives examples of 4 billionaires and their mindsets。 Pretty good section as well。The third bit is regarding getting an idea into reality by harnessing the power of crowds。 This 3rd part is pretty much a manual on crowdsourcing and I felt myself flagging and having to push through to really finish this。 A lot of lists (who do you need to hire, what strategies to use) which is useful undoubtedly, but it felt like a different book。 It was also here that I found the optimism going abit overboard, as in every fact is converted to a positive when it dosent have to be。 Another thing I noticed, some stats which state "by 2020 we would have。。。" which even though written in 2015 make this feel dated already。 Shows how quick technology is developing and changing the world I reckon。 It does end on an empowering note though。 Overall, its a book would recommend for an insight into the technologies, to influence you to think big, and for harnessing crowds to assist in these efforts。  。。。more

Dr。 Tobias Christian Fischer

Großartige Ideen: einfach simpel und revolutionierend。 Zum Beispiel „Crowdsourcing“ und andere。

Emmanuel Ayeni

Great Blink shared on exponential technologies like crowdfunding and crowdsourcing that can take a start up or an idea to a billion dollar company。

Jeremy Howlett

Time to execute on some big bold ideas。 If you can help a billion people then you’ve got a winner!

Michelle Dominguez Dominguez

La mejor guía para un entrepreneur!Excelente ritmo。 Muchísimos tips practiquísimos。 Gente con toda la experiencia compartiendo con toda generosidad su experiencia。Un must-read。

Samir Mammadov

Inspiring

Steven

A little esoteric, but I've come out knowing alot more about things I didn't even know existed。 A little esoteric, but I've come out knowing alot more about things I didn't even know existed。 。。。more

Joseph Roach

Such a great “trilogy”。 I’d recommend reading them in order, but still excellent content。 Reminds you of how great people are and this world is, despite what sells for headlines。 I’ll read anything Diamandis and Kotler publish。

Meng-Huan Yu

Maybe 3。5? The 3rd part is not interesting to me。 It is talking how to hold a successful crowdsourcing and crowdfunding event in a sales respective。 This is not the my purpose of reading this book。

Rob Stamm

This review has been hidden because it contains spoilers。 To view it, click here。 Having already read both Abundance and The Future Is Faster Than You Think, I found this to be a bit duplicative。 There are some valuable lessons, insights, and quotes to be taken - but the final third of the book moved slow for me as the focus shifted towards crowdfunding。

Ana Maria

Wish I had read this in 2016。The best book I've read this year。 Wish I had read this in 2016。The best book I've read this year。 。。。more

Remo Uherek

An exploration of how to change the world through disruption and innovation。

Don Yu

Greatest if not the Best for entrepreneurs looking for potential opportunities by authors with hands on experience of changing world。

Bradley Hughes

Absolutely fantastic book! I’ve been struggling for the last several years to get a feel for where we are going in the “big picture”, especially in light of technological development。 This book sets out a clear framework for starting businesses that really contribute to the future using visionary thinking and an understanding of how technology is exponentiating。 Drawing on lots of historical examples and the cutting edge of tech, Diamandis paints a compelling future and encourages readers to be Absolutely fantastic book! I’ve been struggling for the last several years to get a feel for where we are going in the “big picture”, especially in light of technological development。 This book sets out a clear framework for starting businesses that really contribute to the future using visionary thinking and an understanding of how technology is exponentiating。 Drawing on lots of historical examples and the cutting edge of tech, Diamandis paints a compelling future and encourages readers to be BOLD in taking it。 。。。more