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" "When Nokia's profits hit $1 billion in 2009, the company said that market penetration in Africa was largely responsible.
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.
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My pyramid of abundance, while a little more compressed than Maslow's, follows a similar scheme for similar reasons. There are three levels, with the bottom belonging to food, water, shelter, and other basic survival concerns; the middle is devoted to catalysts for further growth like abundant energy, ample educational opportunities, and access to ubiquitous communications and information; while the highest tier is reserved for freedom and health, two core prerequisites enabling an individual to contribute to society.
This last question may seem innocuous, but think about it this way: In 2006, retail was booming. Sears was worth $14.3 billion, Target $38.2 billion, and Walmart a whopping $158 billion. Meanwhile, an upstart retailer named Amazon was at $17.5 billion. Now fast-forward a decade. What's changed? Hard times hit Main Street. By 2017, Sears had lost 94 percent of its value, ending the decade worth $0.9 billion, before promptly going out of business. Target did better, finishing up at $55 billion. Walmart did the best, going up to $243.9 billion. But Amazon? The Everything Store closed out the era worth $700 billion (today $800 billion). And it's a fairly safe bet that your life changed as a result.