Unlimited Quote Collections
Organize your favorite quotes without limits. Create themed collections for every occasion with Premium.
" "It is very likely that, in thirty years, people will be saying to each other, 'Goodness gracious, why did we ever set fire to hydrocarbons to create heat and energy?
Peter H. Diamandis (born May 20, 1961) is an American engineer, physician, and entrepreneur. He is best known as the founder and chairman of the XPRIZE Foundation, and the cofounder and executive chairman of Singularity University. He is also cofounder and former CEO of the Zero Gravity Corporation, cofounder and vice chairman of Space Adventures Ltd., founder and chairman of the Rocket Racing League, cofounder of the International Space University, cofounder of Planetary Resources, cofounder of Celularity, founder of Students for the Exploration and Development of Space, and vice chairman and cofounder of Human Longevity, Inc.
Biography information from Wikipedia
Organize your favorite quotes without limits. Create themed collections for every occasion with Premium.
Related quotes. More quotes will automatically load as you scroll down, or you can use the load more buttons.
Quirky, Airbnb, and Uber are great examples of entrepreneurs taking advantage of the expanding scale of exponential impact. They have created billion-dollar companies in record time. They are the absolute inverse of everything we believed was true about scaling up a capital-intensive businesses. For most of the twentieth century, scaling up such businesses required massive investments and time. Adding workforce, constructing buildings, developing vastly new product suites — no wonder implementation strategies stretched years into decades. It wasn’t unusual for a board of directors to “bet the company” on a new and extremely expensive direction whose outcome would remain unknown until long after most of those board members retired. That was then.
Many legacy institutions (like Kodak) once were able to make a great living resting on their laurels. According to Yale professor Richard Foster, in the 1920s the average life span of an S&P 500 company was sixty-seven years.14 Not anymore. Today the final three Ds in our chain reaction can disassemble companies and disrupt industries almost overnight, reducing the average life span of a twenty-first-century S&P 500 company to only fifteen years. Ten years from now, according to research done at the Babson School of Business, more than 40 percent of today's top companies will no longer exist.15 "By 2020," comments Foster, "more than three quarters of the S&P 500 will be companies that we have not heard of yet."