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July 7, 2020

Bold: Greater Business Opportunities with Exponential Technologies and Entrepreneurial Innovation

Bold: Greater Business Opportunities with Exponential Technologies and Entrepreneurial Innovation

Do you know Elon Musk? He is the CEO of SpaceX, Tesla, and SolarCity. As a successful cross-industry serial entrepreneur, Musk seems to have a constant passion for advancing the path to entrepreneurship.

Initially, Musk didn’t want to start a business. He just wanted to get a job at Netscape, But he failed as he was not good at interpersonal communication. As a result, he decided to code and founded Zip2, which was later acquired by Compaq for $307 million. Musk earned his first bucket of gold. Then, with a firm goal and eternal passion, Musk entered the rocket, automobile, and solar energy industries. He created a huge business empire worth about $30 billion in 12 years. How did Elon Musk become so successful? The answer is, it is through access to exponential technology in various fields, including the Internet, clean energy, and space exploration.

Exponential technology refers to any technology that develops on an exponential growth curve and multiplies its power regularly. This explanation may still sound abstract. Let’s look at some examples. In technology or business news, we often hear or read about technologies like 3-D printing, cloud services, artificial intelligence, and genomics. These are all exponential technologies.

In this book, the authors Peter H. Diamandis and Steven Kotler elaborate on the methods of using exponential technology to build successful businesses. They also share their own entrepreneurial experience and introduce several critical exponential tools. If you’re a reader with a goal of becoming an entrepreneur, you can get practical entrepreneurial advice from this book. Alternatively, if you’re a regular reader, you can still get a better understanding of this fast-changing world.