4 min read
Converging technologies and rapid advancements in computing power are multiplying the deployment rates of new products and services, from healthcare and agriculture to manufacturing and transportation.
But even with the skyrocketing application of deep learning across industries in both B2B and direct-to-consumer services, demand for today’s exponential technologies continues to exceed supply.
Today’s capital coffers are overflowing with ready investment dollars, whether in the form of VC funds, crowdfunding platforms or sovereign wealth funds (SWFs).
As I’ve discussed in previous blogs, a growing abundance of capital is making it dramatically easier for an entrepreneur anywhere in the world to digitally pitch her idea and raise the funds to start a business.
Just last year, venture capitalists in the United States poured over $70 billion into entrepreneurs.
And this is just the tip of the iceberg. In 2017 alone, the total worldwide volume of crowdfunding, inclusive of peer-to-peer lending, exceeded $34 billion. But this too, like many digital platforms, is experiencing double-digit growth. Experts predict that crowdfunding will surpass $300 billion by 2025.
With such an abundance of eager investors and consumer demand worldwide, the only challenges holding you back involve building the right mental and cognitive tools to innovate on readily available technologies and platforms that will help you scale.
For a deep dive into these questions and tools, join me for a webinar on December 10 at 1:00pm PST exploring how the demand for exponential technologies exceeds supply and what you can do to innovate aggressively, think globally, and scale your company to impact a billion people.
We’ll also talk about Singularity University's newly updated Global Startup Program and conclude with a moderated Q&A, ideal for founders and anyone involved in the startup ecosystem.
We’ll dive into the topics of:
How the world is changing;
What's important for you to understand about global markets and global trends;
Why it’s important for the success of your startup to think about impacting one billion people or more;
How technologies converge to launch new industries and markets, as well as accelerate each other’s development;
How you can position your startup to take advantage of today’s extraordinary changes in tech as well as global business trends;
The five things you can do now to maximize your success in a rapidly changing world.
If you can’t attend live, register anyway and we’ll send you a link to the recording afterward.
More About the GSP
SU’s Global Startup Program (GSP) brings together 2+ year-old startups from around the world to transform radical ideas into impact-oriented, scalable businesses. Entrepreneurs gain a deeper understanding of exponential technologies, the tools needed to accelerate their attainment of product-market fit, and access to SU’s global community of investors, mentors, and potential customers. Our mission is to rapidly and massively scale startups aiming to improve the lives of billions of people.
GSP will help you scale your business - by equipping you with connections to SU’s global community and Silicon Valley mentors and peers, while providing the mindset and frameworks necessary to design a commercialization plan around billion-people problems.
GSP will help you access funding - by introducing you to Silicon Valley veterans, helping you perfect your pitch, and teaching you how to negotiate and find alternative sources of capital to fuel your company without giving it away.
GSP will empower you to capitalize on future technological shifts - by teaching you how to identify technology convergences, analyze innovation trends, and build persuasive proofs of industry trends to make your case to investors.
GSP will show you how to unlock new market opportunities - helping you galvanize the support of investors, customers, and corporate and government leaders by articulating your Massively Transformative Purpose (MTP) and forecasting the when and how of your product’s commercialization.
GSP will help you become a future-ready leader - by gearing you with the skills, tools and exponential mindset required to champion your cause and solution, while leading your team and scaling your venture amidst accelerating market shifts and technological convergence.
Also read: TOP 50 MOON SHOTS
WHAT IS ABUNDANCE INSIDER?
This email is a briefing of the week's most compelling, abundance-enabling tech developments, curated by Marissa Brassfield in preparation for Abundance 360. Read more about A360 below.
WANT MORE CONVERSATIONS LIKE THIS? - JOIN ME
At Abundance 360, Peter's 360-person executive mastermind, we teach the metatrends, implications and unfair advantages for entrepreneurs enabled by breakthroughs like those featured above. We're looking for CEOs and entrepreneurs who want to change the world. The program is highly selective. Apply now for Abundance360 Summit if you'd like to develop an Abundance mindset.
Know someone who would benefit from getting Abundance Insider? Send them to this link to sign up.
P.S. I've just released a podcast with my dear friend Dan Sullivan called Exponential Wisdom. Our conversations focus on the exponential technologies creating abundance, the human-technology collaboration, and entrepreneurship. Head here to listen and subscribe.