Episode 101: Abundance Mindset

05/11/21 • 25 min

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Peter and Dan discuss the benefits of cultivating an “Abundance Mindset,” through which we more readily see how exponential technologies -- computation, AI, 3D printing, robotics, VR, and others -- can dematerialize, demonetize, and democratize products and services. What was once available only to the richest and most elite, is increasingly accessible to almost anyone on the planet. In this episode: Peter talks about growing up with a “Scarcity Mindset.” In a world of scarcity, we entertain the paradigm of a finite pie. If your neighbor gets a slice, you necessarily get a smaller slice. This is a perceived world of limited resources and fierce competition. When geared with an Abundance mindset, however, rather than slicing the pie into thinner and thinner pieces, we simply bake more pies... millions more pies. Dan talks about the importance of a positive mindset and how he trains his by cutting out TV (a cognitive “fast” he has now sustained for 3 years) and carefully selecting the news he follows online. Peter talks about looking at the positive possibilities in every scenario and challenge, illustrating ways in which you might use the pandemic to transform your business and lifestyle.

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Episode 100: Capital Velocity

Peter and Dan discuss the abundance of capital and growth of the global economy, including crowdfunding, venture funding, and SPACs. In this Episode: Peter talks about global venture funding hitting an all-time record high, despite the pandemic. With all this investment, the seeds have been planted and he expects successful new startups in 2022 or 2023. Peter and Dan discuss the phenomenon of special-purpose acquisition company (SPACs) and how more and more companies are going public using new methods. Dan talks about the mindset shift he saw during the last year of the pandemic, where people are experimenting more and more.

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Episode 102: Exponential Mindset

Peter and Dan explore the benefits of cultivating an "Exponential Mindset,” an understanding that computation and derivative technologies (AI, VR, 3D Printing, etc.) are growing exponentially. Thirty doublings drive a billion-fold improvement that the human (linear) brain finds difficult to grasp. In this episode: Peter discusses how humans evolved to be linear thinkers, yet the power of our technology has long been doubling every 18 months. And the power of exponential doublings can be extraordinarily hard to wrap our heads around: 10 doublings = ~1,000x growth... 20 doublings = ~1,000,000x growth... 30 doublings = ~1,000,000,000x growth. Dan covers the history of the steam engine, examining how this specific innovation saw an exponential boom in global mobility. Peter outlines how exponential technologies are converging, disrupting, and transforming business models and industries, enabling even small teams to compete successfully with large corporations.