| You’re not going to get rich renting out your time
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| But you say that you will get rich by giving society what it wants
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| But does not yet know how to get
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| At scale
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| That’s right
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| We talked about before money is IOUs from society saying You did something good
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| in the past
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| Now here’s something that we owe you for the future
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| And so
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| Society will pay you for creating things that it wants
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| That society doesn’t yet know how to create those things
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| Society always wants new things
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| Society always wants new things
|
| Society always wants new things
|
| And if you want to be wealthy
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| You want to figure out which one of those things
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| You can provide for society
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| That it does not yet know how to get but it will want
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| Almost everything is in your house
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| In your workplace
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| And on the street
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| Used to be technology at one point in time
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| There was a time when oil was technology
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| That made JD Rockefeller rich
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| Cars were technology
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| That made Henry Ford rich
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| Technology is just a set of things as Alan Kay said that «Don't quite work yet.»
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| Once something works
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| Its no longer technology
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| Society always wants new things
|
| Society always wants new things
|
| Society always wants new things
|
| And if you want to be wealthy
|
| You want to figure out which one of those things
|
| You can provide for society
|
| That it does not yet know how to get but it will want
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| …that's natural to you
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| And within your skill set
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| Nd within your capabilities
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| And then you have to forgot to scale it
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| Because if you just build one of it that’s not enough
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| You gotta build thousands or hundreds of thousands or millions or billions of
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| them
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| So, everybody can have one
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| Steve Jobbs and his team of course
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| Figured out that society would want smartphones
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| Computer in their pocket
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| That had all the phone capabilities times 100
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| And be easy to use
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| So, they figured out how to build that
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| And then they figured out how to scale it
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| And they figured out how to get one into
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| Every first world citizen’s pocket
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| And eventually every third world citizen too
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| And so, because of that they were handsomely rewarded
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| And Apple is the most valuable company in the world
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| First it starts with an act of creativity
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| First you created just because you want it
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| You want it
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| And you know how to build it
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| And you need it and so you build it for yourself
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| Then you figure out how to get it to other people and then for a little while
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| rich people have it
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| Like for example rich people had chauffeurs
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| And then they had black town cars
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| And then Uber came along and everyone’s private driver was available to
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| everybody
|
| And now you can even see Ubers pool sort of replacing shuttle buses because
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| it’s more convenient
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| And then you get scooters which are further down market of that
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| It’s about distributing what rich people used to have to everybody
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| But the entrepreneur jobs start even before that
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| Which is creation
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| Entrepreneurship is essentially
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| An act of creating something new from scratch
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| Predicting the society will want it
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| And then figuring out how to scale it
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| And get it to everybody in a profitable way
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| And self-sustaining way
|
| Society always wants new things
|
| Society always wants new things
|
| Society always wants new things
|
| And if you want to be wealthy
|
| You want to figure out which one of those things
|
| You can provide for society
|
| That it does not yet know how to get but it will want
|
| Society always wants new things
|
| Society always wants new things
|
| Society always wants new things
|
| And if you want to be wealthy
|
| You want to figure out which one of those things
|
| You can provide for society
|
| That it does not yet know how to get but it will want |