Imagine publicly making a 25-year commitment to something you’re passionate about.
How would your mindset change?
In 2013, I committed to running an annual mastermind called Abundance 360 (A360) for 25 years… and that statement fundamentally changed my mindset.
In this blog, I’ll share the backstory of this commitment, and how long-term thinking has the power to make a huge impact. I’ll also share a preview of the 2019 A360 event.
25 Years of A360
In 2013, I was at Genius Network, getting ready to go onstage and introduce Abundance 360 to a group of entrepreneurs and marketers.
Dan Sullivan, co-founder of Strategic Coach and my personal coach, pulled me aside. “Peter,” he said, “if you really want to make this stick, why don’t you tell them you’ll do it for 25 years?”
Like so many great ideas, it instantly clicked. A360 should be a 25-year journey, a ‘countdown to the Singularity’.
Five minutes later, I was onstage proclaiming A360 as “my 25-year-long CEO program for abundance and exponentially minded entrepreneurs.”
The instant I made that public statement, I experienced a game-changing mindset shift. It changed the way I thought about MY life. What I was committed to. Who I needed to be in the world. What I would be doing every year at the end of January through the year 2038.
What will the world look like by 2038? It’s pretty extraordinary, especially when you consider the exponentially growing technologies my team and I are following.
Ubiquitous AI, quantum computing, tomorrow’s trillion-sensor economy, synthetic biology, blockchain technologies and global gigabit connectivity, to name a few. All these, individually and in convergence, will create more wealth in the next 10 years than was created in the past century, transforming every industry and every company.
What will these technologies enable after 20 doublings of exponential growth? Everything will profoundly change.
The Power of Long-Term Thinking
Ultimately, your vision is a byproduct of your mindset.
With a scarcity mindset, you become protectionist and limited in your thinking: “I can’t afford to think about the future — I’ve got to worry about what’s going on right now.” Or you prioritize stability and proven practices over more risky, passion-driven ventures with potentially extraordinary rewards.
An abundance mindset enables you to think long-term: “The future is better than you can possibly imagine, and I’m going to be investing because I’m looking at 10x growth.”
Your mindset matters. Doing big, risky things is difficult — and it’s even harder if you lack stability in your life. Paraphrasing my friend Tony Robbins, “we need to have certainty in our lives before we can withstand uncertainty."
When you get clarity about your mission over a 25-year timeframe, you give yourself stability — and permission to dream even bigger. You’re able to enjoy current progress, instead of feeling stressed to immediately achieve your final goal.
A360 has become a central organizing principle in my life. I spend all year getting ready for the annual event — and my focus is delivering context on the future. I help members answer three questions:
FYI, This is My A360-2019 Focus…
One major phenomenon I increasingly focus on is the convergence of technologies, trends and emerging industries.
What happens when one exponentially developing technology converges with another? Or when a rapidly demonetizing technology meets a skyrocketing trend, like the explosion of sensors we're seeing today?
Layering everything from deep learning to quantum computing to the Internet of Things, these convergences will supercharge growth in most major industries over the next five to 10 years.
This January, here’s my lineup of what I’m *most* excited about:
Module #1 - China Going from Deceptive to Disruptive: For the first time, I will be dedicating an entire module to China, arguably the world’s next AI Superpower. In 2017, China’s government laid out a development plan to lead the world in Artificial Intelligence by 2030, aiming to become the global center of innovation and build a domestic industry exceeding $150 billion in the process. Already accounting for 48 percent of the world’s total AI startup funding in 2017, China has seen the rise of countless AI-focused VC funds and a skyrocketing startup ecosystem, spanning everything from intelligent hardware to autonomous vehicles.
Module #2 – Convergence Catalyzer 1: We’ll look at the convergence of A.I., IoT, AR/VR and Blockchain and how these technologies will disrupt Finance, Insurance, Real Estate, Healthcare & Retail/Advertising, transforming industries and driving new business models.
Module #3 – Augmented & Virtual Reality: We’re witnessing the emergence of AR & VR from the “Depths of Despair” to the “Plateau of Productivity”… Finally, AR & VR are coming online in a meaningful fashion. My goal in this module is to show how these technologies are going to massively impact every aspect of our lives and how fast they are moving!
Module #4 – The Future of Work, Free Time & Play: This module will explore what the future holds for ourselves and our kids… As living expenses demonetize and workplace automation increases, how will we spend our free time and derive meaning throughout our adult lives? And if our children and grandchildren don’t have to work for a living, how will they connect and find purpose in an AI-driven world? As VR & AR converge with AI and advancements in computing and hardware, we’re beginning to witness a new wave of highly immersive games, virtual worlds and online communities. Revenue in the video game hardware and software sector is projected to skyrocket from $65B (2018) to $235 billion by 2022.
Module #5 – Convergence Catalyzer 2: We’ll look at the convergence of 3D printing, robotics, AI and energy and how these technologies will disrupt construction, food, energy and transportation, driving new business models.
Module #6 – Human Longevity: In this module, we will discuss the status of cutting edge, powerful technologies that are in the lab and in FDA-approved clinical trials, that have the potential to extend your healthy lifespan an additional 10 to 30 years… Speeding us towards what Aubrey De Grey and Ray Kurzweil call “Longevity Escape Velocity.”
Module #7 – Moonshot Thinking: And in our final module, we’ll dive deep into the mindset, tools and strategies for creating and implementing your Moonshot. We’ll hear from CEOs with amazing stories and experiences that will reignite your passion and 10x your ambitions.
These are just a few of the highlights I’m excited to be covering in exactly three months from today, and I look forward to generating new dialogue around nascent industries and 2018’s most salient breakthroughs.
I believe we’re living in the most extraordinary time ever… and that the future is coming faster than most of us realize.
Your ability to anticipate change and make better, faster decisions is critical in the decades ahead.
And by tracking humanity’s progress in a finite period of 25 years, not only will you more closely witness history in the making, but learn to capitalize on it as well.
Only a handful of seats remain in our 2019 membership. To learn more about A360 and apply, head here.
(1) Exponential Wisdom: If you’re interested in hearing more behind-the-scenes stories like this, Dan Sullivan and I co-host a podcast for entrepreneurs called Exponential Wisdom. (We discuss the A360 origin story in Episode 42.)
(2) A360 Executive Mastermind: This is a preview of the content discussed in my Executive Mastermind group called Abundance 360. The program is highly selective, for 360 abundance- and exponentially minded CEOs (running $10M to $10B companies). If you’d like to be considered, apply here.
Share this with your friends, especially if they are interested in any of the areas outlined above.
(3) Abundance-Digital Online Community: I’ve also created a Digital/Online community of bold, abundance-minded entrepreneurs called Abundance-Digital. Abundance-Digital is my ‘onramp’ for exponential entrepreneurs – those who want to get involved and play at a higher level. Click here to learn more.
7 min read
2 min read
The convergence of exponential technologies — including machine learning, artificial intelligence, robotics, networks, sensors, synthetic biology and quantum computing — is transforming healthcare.
9 min read
We profit from it, we fear it, and we find it impossibly hard to quantify… risk.
9 min read
Less than 40 years ago, Shenzhen was a fishing village of 30,000 people.