Fw: $19 trillion opportunity

From: Peter Diamandis <peter@diamandis.com> Sent: Sunday, April 19, 2015 10:17 AM To: STeve Reply To: peter@diamandis.com Subject: $19 trillion opportunity

Every month I hold a webinar for my Abundance 360 executive mastermind members that focuses on different exponential technologies impacting billion-person problems.

This week I interviewed Padma Warrior, CTO and Chief Strategist of Cisco, to discuss the Internet of Everything (IOE).

Padma is a brilliant and visionary person, one of the most important female leaders of this decade.

She first got my attention when she quoted a recent Cisco study placing the value of IoE as a $19 trillion opportunity.

This blog is about how you can tap into that $19 Trillion.

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What is the Internet of Everything (IoE)?

The Internet of Everything describes the networked connections between devices, people, processes and data.

By 2020, the IoE has the potential to connect 50 billion people, devices and things.

In the next 10 years, Cisco is projecting IoE will generate $19 trillion of value – $14 trillion from the private sector, and $5 trillion from governments and public sectors (initiatives like smart cities and infrastructure).

Imagine a Connected World

Let me try to paint an IoE picture for you.

Imagine a world in which everything is connected and packed with sensors.

50+ billion connected devices, loaded with a dozen or more sensors, will create a trillion-sensor ecosystem.

These devices will create what I call a state of perfect knowledge, where we'll be able to know what we want, where we want, when we want.

Combined with the power of data mining and machine learning, the value that you can create and the capabilities you will have as an individual and as a business will be extraordinary.

Here are a few basic examples to get you thinking:

Retail: Beyond knowing what you purchased, stores will monitor your eye gaze, knowing what you glanced at… what you picked up and considered, and put back on the shelf. Dynamic pricing will entice you to pick it up again.

City Traffic: Cars looking for parking cause 40% of traffic in city centers. Parking sensors will tell your car where to find an open spot.

Lighting: Streetlights and house lights will only turn on when you're nearby.

Vineyards/Farming: Today IoE enables winemakers to monitor the exact condition (temperature, humidity, sun) of every vine and recommend optimal harvest times. IoE can follow details of fermentation and even assure perfect handling through distribution and sale to the consumer at the wine store.

Dynamic pricing: In the future, everything has dynamic pricing where supply and demand drives pricing. Uber already knows when demand is high, or when I'm stuck miles from my house, and can charge more as a result.

Transportation: Self-driving cars and IoE will make ALL traffic a thing of the past.

Healthcare: You will be the CEO of your own health. Wearables will be tracking your vitals constantly, allowing you and others to make better health decisions.

Banking/Insurance: Research shows that if you exercise and eat healthy, you're more likely to repay your loan. Imagine a variable interest rate (or lower insurance rate) depending on exercise patterns and eating habits?

Forests: With connected sensors placed on trees, you can make urban forests healthier and better able to withstand -- and even take advantage of -- the effects of climate change.

Office Furniture: Software and sensors embedded in office furniture are being used to improve office productivity, ergonomics and employee health.

Invisibles: Forget wearables, the next big thing is sensor-based technology that you can't see, whether they are in jewelry, attached to the skin like a bandage, or perhaps even embedded under the skin or inside the body. By 2017, 30% of wearables will be "unobtrusive to the naked eye," according to market researcher Gartner.

The Biggest Business Opportunities Will Be in Making Systems More Efficient

The Internet of Everything will become the nervous system of the human economy.

Entrepreneurs who capitalize on this will drive massive value and enable better decisions and reduce inefficiencies.

If you are an entrepreneur or running a business, you need to do two key things:

1. Digitize: Determine which of your processes are not yet digitized and find a way to digitize them. Then, collect data and analyze that data. Go from your old-style manual process (or data collection system) to an autonomous digital version.

2: Skate to the Puck: Have a brainstorm with the smartest members of your team (or find some local Singularity University alumni to join you) and ask yourselves the following questions:

a. What kind of sensors will exist in 3 years' time, and what kind of data could we be collecting?

b. In three years, which of our "things" will be connected and joining the Internet of Everything? With the answers to these two basic questions, come up with the business opportunities that will exist in three years… and begin developing the business models, developing the software and planning out your domination.

This is the sort of content and conversations we discuss at my 250-person executive mastermind group called Abundance 360. The program is ~88% filled. You can apply here.

Share this email with your friends, especially if they are interested in any of the areas outlined above.

We are living toward incredible times where the only constant is change, and the rate of change is increasing.

Best,
Peter

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P.S. Every weekend I send out a "Tech Blog" like this one. If you want to sign up, go to PeterDiamandis.com and sign up for this and my Abundance blogs.

P.P.S. Please forward this to your best clients, colleagues and friends — especially those who could use some encouragement as they pursue big, bold dreams.

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PHD Ventures , 800 Corporate Pointe, Culver City CA, 90230

Fwd: New UBER-BLOG from INTELLECTUAL CAPITAL (TM)

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Subject:	New UBER-BLOG from INTELLECTUAL CAPITAL (TM)
Date:	Thu, 16 Apr 2015 18:07:42 -0700
From:	Steve Chapple <intellectualcapitalchapple@gmail.com>
To:	Steve Chapple <intellectualcapitalchapple@gmail.com>

Uber Blog

"INTELLECTUAL CAPITAL ABOUT TOWN" #1
An Opinionated Multi-Media Run-through of Goings on in San Diego and Beyond, Attempting, as usual, to Focus on Game-Changing People & Ideas, But What Are You Going to Do?  Life is Too Curious.

A wonderful two weeks in sunny San Diego.  I note that there is still snow on the ground in Boston. 

Besides the strangely awesome weather, the Kyoto Prizes came to town. Often a precursor to the Noble or the Lasker, but in many ways more interesting, the Kyoto categories represent a revolving mix of technology, basic sciences and the arts, including theater, cinema, and significant folk art.  The Laureate in Advanced Technology, biomedical engineer Robert Langer from MIT, for instance, developed two big ticket items—often against the conventional wisdom of leading scientists and government officials—drug delivery and tissue culture. We take drug delivery for granted now, but the idea of timed-release anti-cancer drugs inserted into a brain tumor through polymer "bags," for instance, was revolutionary.  So was Langer's development of tissue culture, how cells might be layered onto 3-dimensional platforms—some resembling seaweed, a great biomimicry insight—to create new skin, and other organs.  Think of the pain of child burn victims.  Before Langer and his team, and the pharma companies that believed in him before academia, these kids, and a lot of other people died, horribly.  Langer's breakthroughs may have helped as many as 2 billion people.

He was also a lot of fun to interview, a scientist with a wry sense of humor, whose dad, an amateur mathematician, ran a liquor store in Albany.  Here is a link to a rather detailed video with Dr. Langer at Radcliffe earlier in the year, should you want to "get into the weeds" on the subject https://www.youtube.com/watch?v=PwnNAJOq86w

We then talked with Dr. Ed Witten, the Kyoto laureate in Basic Sciences on the spectacular grounds of Pt. Loma Nazarene College, over-looking the Pacific. Witten is a developer of string theory, how the very small connects to the very big. Subatomic to the origin of the universe.  Harder for this bio-based observer to understand, I'm afraid!  Witten flew out from Princeton's Institute for Advanced Studies.  We strayed from science a bit to talk about peace and the Middle East, and though Witten was perhaps embarrassed to entertain the thought, one has to recall that Einstein spent a great deal of time lecturing on how to make this a better planet, too, over-run as it is now by our unruly species.  

The Kyoto Gala that evening was a sold-out affair at the top of the Hilton Bay Front.  Tables ($3000 a pop) were added, I am told, because of the strong interest from the many who work at San Diego's hundreds of biotech companies, and understand just who Langer is.  

There is a fun, formal aspect to the Kyoto Gala, as it follows at least some of the structure of the Kyoto Awards ceremony held mid-November just as the leaves are turning russet and vermillion in the ancient city of Kyoto, headquarters for the Kyocera Corporation, whose US headquarters are near Montgomery Field in San Diego.  Kyocera is a major producer of high-end solar cells and insulating chip sets which are found in innumerable products from cellphones and computers to dishwashers.  Here is a link to the Kyoto Ceremonies this year: (http://www.mediafire.com/watch/oqyyft34hfrt9kz/Kyoto_Prize_2015_b-roll.mov  Speeches by Langer and Witten begin around 5:31. (Transparency Note: I was the Kyoto Symposium Journalist Fellow in 2013.)

The laureates reprise their talks in San Diego. Dr. Kazuo Inamori, Kyocera's founder, welcomes the crowd, often with a story of creativity and perseverance, an example of a sort of high-business-zen-calmness rare at the top of our more raucous business world.  This year there was an excellent potpourri of musical acts from Crosby, Stills, Nash knockoffs to classical piano riffs.  Significant scholarships are given out to high school students from Tijuana and San Diego.  The testimonials by these inspired young people are often the high points of the evening.  Much schmoozing was done. Certainly at our table, which included biotech entrepreneurs Jay Short and Carolyn Anderson Short, who at the moment are cooking up significant deals from Wyoming to China.            

Here is a link to an "INTELLECTUAL CAPITAL ABOUT TOWN" video chat with Kyoto Symposium Director Peter Farrell, founder of the sleep apnea company ResMed, as shot and edited by UCSD film student Clint Evangelista: http://youtu.be/NhxrH1SR9W0

In the week after Kyoto came Andrew Viterbi's introduction into the CONNECT Hall of Fame, during a luncheon at the Estancia.  Viterbi, co-founder of Qualcomm, delivered a no-nonsense 11-minute-talk summing up the future of technology, his views on the Middle East, how he came up with what has come to be known as the Viterbi Algorithm and more.  It was far from your usual rubber-chicken lunch.  (Nor could it be at the Estancia, a very cool hotel and understated neo-Spanish joint on Torrey Pines.)  Jenn Karlman of the Fox Channel emceed with a less blond Greg McKee, executive director of CONNECT, and we recommend their very smart high-tech segment on FOX-5 TV. We also chatted with U-T science reporter Gary Robbins about the cool Friday supplement (now in your mailbag) titled The Wonder of the Brain, an organ as important on The Mesa as the liver is to the French.

A link to the excellent Viterbi Hall of Fame video can be seen here https://vimeo.com/121946720 .          

And then it was Greg Koch, co-founder of Stone Brewery at Amanda and Nico Canigilia's Bella Vista Cafe & Social Club next to Sanford Consortium.  Here we had to pivot from the good wine of the Kyoto Gala to the possibly even better beer from Stone.  Arrogant Bastard, the game-changing bitter that put Stone on the map, was free-flowing, and as a writer, I have to tip the literary hat to a major corporation launched with scribblings on the back of a beer bottle.  Greg Koch came up with the hilarious—and, he pointed out, completely serious—Arrogant Bastard label that begins:  "This is an aggressive ale.  You probably won't like it." But Stone is now almost a lifestyle, taking the paragon of brewing authenticity to restaurants (no TV, no burgers, not your usual sports bar but an attempt at old-fashioned conviviality) as well as to their new 18-acre farm-to-table farm with the table lying across the road from the farm, Stone Brewery Escondido.

Couple days later materials scientist Nikki Truitt had a birthday party at Bella Vista (again) before breaking her foot in time to introduce legendary VC Ann Winblad over at the new Basement, the mildly funky headquarters for collegiate entrepreneurs underneath Mandeville Auditorium at UCSD.

And the La Jolla Playhouse ended its run of The Grift at the Lafayette Hotel, San Diego's repository of Old Hollywood.  Please see About Town Video at: http://www.stevechapple.com/

Well, enough foolery and narrative.  Time to go for a swim in the Cove, see if the Garabaldis are still orange.

 [NOTE: Videos and links to speeches and chats referenced above may be found on the INTELLECTUAL CAPITAL WEBSITE at stevechapple.com.  Or if they aren't there yet, they should be when we get out of the water.]


G'day.


Steve

Research Associate, Subin Ryoo contributed to this post. 
INTELLECTUAL CAPITAL ™  Stevechapple.com

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Fwd: Steve Jobs

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Subject:	Steve Jobs
Date:	Thu, 16 Apr 2015 15:56:40 -0400 (EDT)
From:	John Lee Dumas <team@EntrepreneurOnFire.com>
To:	stevescott@techacq.com

What is your gut reaction when you see this name?   Happy? Envy? Pity? Reverence? Inconsequential?   What is the first word you think of?   Drive? Mean? Pioneer? Cold? Maverick?   Whatever you feel or think when you hear the name Steve Jobs, I highly recommend the audio version of the newly released  Becoming Steve Jobs (if you aren't with audible already it's free through this link)   I've been listening to this audio book on my last 6 walks around the Bay here in San Diego.   If there is one word I would use to describe Steve Jobs' Entrepreneurial journey, it would be ROLLER-COASTER. (two words?)   Steve dropped out of College, started Apple, got booted, started NEXT (epic fail), joined up in Pixar (epic win), was re-hired by Apple...and crushed it.   Oh, and he was diagnosed with pancreatic cancer and cured. Then with liver cancer and not cured.   Steve re-invented himself as an Entrepreneur no less than 4-times, and each time came back better than before.   He was dubbed a complete dud dozens of times, and yet is now widely regarded as one of the most esteemed Entrepreneurs of our time.   His 2005 Stanford commencement speech is considered by some one of the best 15-minute speeches ever. (Text and video available below)   He breaks it down with 3 stories:   1) My first story is about connecting the dots.   2) My second story is about love and loss.   3) My third story is about death.   Steve understands the power of story, and the reality that we are all living a story.   The most powerful portion of the speech for me was:   "If you live each day as if it was your last, someday you'll most certainly be right."   It made an impression on me, and since then, for the past 33 years, I have looked in the mirror every morning and asked myself:   "If today were the last day of my life, would I want to do what I am about to do today?" And whenever the answer has been "No" for too many days in a row, I know I need to change something.   It's near impossible to live each day like it's our last...and Steve acknowledges this by his statement: And whenever the answer has been "No" for too many days in a row, I know I need to change something.   Fire Nation, we won't always be living a perfect day, or a day that brings us closer to our goals...but when we find ourselves living TOO many of these days in a row, then it's time to pause, reflect, and re-orientate.   Do you agree with Steve's statement?   You know I love hearing from you Fire Nation, and you know I love giving you that little push...only when you need it ;-)   Fire Nation, it's time to IGNITE!   ~ John Lee   Text from Steve Jobs commencement speech   Click the video to watch! Share the love!       Follow us!   Update email preferences   To update your personal info, or if you no longer want to receive our emails: Unsubscribe 846 Grand Ave San Diego, California 92109 United States

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Fwd: State of the coaching industry... who cares?

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Subject:	State of the coaching industry... who cares?
Date:	Thu, 16 Apr 2015 07:35:36 -0700
From:	Dov Gordon | Alchemist Entrepreneur Ltd. <dovgordon@dovgordon.net>
Reply-To:	dovgordon@dovgordon.net
To:	Steve Scott <im1@bydf.com>

Want to think and grow... rich?

The thinking that got you here... won't get you there.

You need to train your mind to spot - and reject - poor thinking.

I'm going to give you an example from the coaching industry.

The other day I came across an article theorizing about the "state of the coaching industry."  

The author meant well.  He's a good person.  But his analysis, I feel, is based on thinking that just won't get you there.

The article posited that the coaching industry is poised to "Cross the Chasm."  And that will be a good thing for coaches all over as more people will be looking to invest in coaching.

"Crossing the Chasm" refers to when a product crosses from being used by the early adopters to being embraced by the masses. 

A survey conducted by the International Coach Federation (ICF) states that 17% of respondents reported they are "very aware of coaching."  This and a few additional observations, the author suggests, puts coaching on the very brink of crossing the chasm into widespread acceptability.

Maybe.

But it's all irrelevant.

My problem is with the premise:  That if a coach is struggling to attract clients, it's because the 'industry' is still young.  And it will soon get easier as 'the coaching industry' matures and crosses the chasm.

In my experience and observation, this simply isn't true.

Depending on who you ask, the average coach earns anywhere from $10,000 to $25,000 a year.

If that is true, those income levels have NOTHING to do with the state of the industry.  

It has to do with what coaches are taught - and not taught - about how to grow a coaching business.

The fact is, no one buys coaching.  No one wants a coach.  And the greatest service the ICF and the coaching schools could do for their coaches would be to say this out loud.

Coaching is a process.  It is a means to an end.  

Placing coaching on a pedestal as an ideal in it's own right sells coach training.  But it does a disservice to the coaches who never learn that to have the impact and the income they want, they're going to have to run a business first.

Stop talking about coaching as if it's an ideal all on it's own.  That's like talking about the benefits of a hammer.  Or surgery.  Or concrete.  No one wants any of these things, but they'll buy them - in large quantity - when they can clearly see how their investment will give them what they want.

Finally, don't encourage people to believe that their struggle to grow their business is because of external factors.  That's simply not true.

It's poor thinking - the very kind of thinking that keeps so many coaches so poor.

If you're a coach - or any expert - you've got to know this:  You could 10x your business and your industry wouldn't even notice.  The economy wouldn't notice.  It will not be front page news.

But your family sure would.

Let's learn from Andrew Carnegie who had a distinct way of thinking about opportunities.

And he was, as you may know, the inspiration for the famous book "Think and Grow Rich."

Andrew Carnegie opened his original steel mill during a recession.

"Though EDGAR THOMSON [Ed. Edgar Thomson was the name of the mill] had gone on line in a depressed business climate, Carnegie did not let this slow him down. On the contrary, he appeared almost to glory in the adverse conditions. Other entrepreneurs might have reduced output until the market was stronger, but Carnegie pushed Shinn to keep the new plant operating seven days a week, twenty-four hours a day."

- Andrew Carnegie by David Nasaw

Think... and Grow Rich.

If you're serious about using your expertise to increase your impact - and your income, let's get a few things clear:

- It's not the economy.

- It's not your industry.

- It's not the tools you've been using.

The good news is that it's YOU.

There are already people achieving what you want - and far, far more.  In the same industry.  In the same economy.

What's the difference?  

Their thinking.

The fastest way to increase your impact and your income is to hang around - and learn from - those already achieving what you want and learn how they think.

Avoid the theoreticians. And the academics.

And certainly steer clear of those waiting for external conditions to change so that you can finally thrive and live free.

The first mistake most people make is hanging out with people who are where they are.  And pass the pot of poor thinking around.  

It's a pot that never empties.

But you won't learn to think and grow rich that way.

Where would you be if, instead, you gloried in today's adverse conditions?

Agree?  Disagree?  Hit reply and share your experience.  I'll read every reply.

Dov Gordon

PS - Around here at The Alchemist Entrepreneur(TM) we work daily with coaches, consultants and other experts who are great at what they do - but hit a ceiling in their income.

If that's you, we can help you double, triple or even 10x your income by making a few small changes to what you're already doing.

Click here to go directly to my calendar and schedule a free "Consistent Flow of Clients" strategy session.

 

 

 

 

 

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Alchemist Entrepreneur Ltd., 2/1 Nachal Dolev Street, Ramat Beit Shemesh , 99093

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