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Bold: The Complete Summary - How to Go Big, Create Wealth and Impact the World
We know you’re busy, so we’ll keep this short. This summary of Bold (written by Peter Diamandis and Steven Kotler) is designed to give you the main ideas you need to know from this great book in the quickest format possible.
Excerpt from the summary of Bold
Introduction
Birth of the Exponential Entrepreneur
➢Sixty-six million years ago, Earth was in the Cretaceous Period. During this period, Earth was mostly submerged in water and the terrestrial environment was drastically different. The Cretaceous Period was disrupted by an asteroid colliding with Earth and landing in the Yucatán Peninsula of Mexico. The 420 zettajoules of energy released by the impact gouged a crater 110 miles in diameter and caused megatsunamis, earthquakes, and volcanic eruptions that changed the global environment in a drastic and rapid manner.
➢The dominant species in the Cretaceous Period, namely, the dinosaurs, became extinct because they were unable to adapt to the sudden environmental changes caused by the asteroid. Conversely, the nimble and resilient furry mammals were able to adapt and evolve into the dominant species.
➢The story is now repeating itself. As in the Cretaceous Period, an asteroid of colossal proportions is striking our current environment, specifically the business environment. The asteroid striking the current business environment is the emergence of exponential technology.
➢Exponential technology refers to “any technology accelerating on an exponential growth curve” (pg. x). The most salient example of exponential technology is computing. Nowadays, smartphones are “a million times cheaper and a thousand times more powerful than a supercomputer from the 1970s” and these technologies are reshaping life on earth.
➢Large companies that are resistant to innovation are the dinosaurs that are about to be extinct, and the furry mammals that are about to become the dominant species are the entrepreneurs that are harnessing the use of technology to transform products, services, and industries; also known as the exponential entrepreneurs.
Memorable
“Thousands of years ago, it was only kings, pharaohs, and emperors who had the ability to solve large-scale problems. Hundreds of years ago, this power expanded to the industrialists who built our transportation systems and financial institutions. But today, the ability to solve such problems has been thoroughly democratized. Right now, and for the first time ever, a passionate and committed individual has access to the technology, minds, and capital required to take on any challenge.”
Excerpt from the summary of Bold
Introduction
Birth of the Exponential Entrepreneur
➢Sixty-six million years ago, Earth was in the Cretaceous Period. During this period, Earth was mostly submerged in water and the terrestrial environment was drastically different. The Cretaceous Period was disrupted by an asteroid colliding with Earth and landing in the Yucatán Peninsula of Mexico. The 420 zettajoules of energy released by the impact gouged a crater 110 miles in diameter and caused megatsunamis, earthquakes, and volcanic eruptions that changed the global environment in a drastic and rapid manner.
➢The dominant species in the Cretaceous Period, namely, the dinosaurs, became extinct because they were unable to adapt to the sudden environmental changes caused by the asteroid. Conversely, the nimble and resilient furry mammals were able to adapt and evolve into the dominant species.
➢The story is now repeating itself. As in the Cretaceous Period, an asteroid of colossal proportions is striking our current environment, specifically the business environment. The asteroid striking the current business environment is the emergence of exponential technology.
➢Exponential technology refers to “any technology accelerating on an exponential growth curve” (pg. x). The most salient example of exponential technology is computing. Nowadays, smartphones are “a million times cheaper and a thousand times more powerful than a supercomputer from the 1970s” and these technologies are reshaping life on earth.
➢Large companies that are resistant to innovation are the dinosaurs that are about to be extinct, and the furry mammals that are about to become the dominant species are the entrepreneurs that are harnessing the use of technology to transform products, services, and industries; also known as the exponential entrepreneurs.
Memorable
“Thousands of years ago, it was only kings, pharaohs, and emperors who had the ability to solve large-scale problems. Hundreds of years ago, this power expanded to the industrialists who built our transportation systems and financial institutions. But today, the ability to solve such problems has been thoroughly democratized. Right now, and for the first time ever, a passionate and committed individual has access to the technology, minds, and capital required to take on any challenge.”
32 pages, Kindle Edition
First published March 30, 2015
1 person want to read
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