Exponential Wisdom

Peter and Dan discuss recent events in the space industry, including the successful rocket launches of SpaceX, going to Mars and Peter’s vision of the next decade.     In this episode: Peter talks about the launch of Falcon Heavy with a Tesla Roadster on the trajectory to Mars, and the safe landing of the side boosters at the Kennedy Space Center.  Dan and Peter discuss the possibilities of sending humans on one-way missions to Mars and two-way missions, and their belief that people will go no matter what because they crave that level of exploration, adventure and significance.  Peter discusses three tactics he believes have contributed to Elon Musk’s massive success as an exponential entrepreneur.

Peter and Dan discuss the Polak Game -- a diagram with four perspectives on the world -- and why they believe entrepreneurs share the mindset that the world is getting better and we have the ability to make it even better.   In this episode: Peter discusses his practice of sharing three daily wins, and why he uses this method with his kids to reflect on the positives from the day. Dan and Peter describe confirmation bias and why they knowingly choose to see the world in a positive way.  Peter shares his belief that mindset is the most important asset, more crucial than wealth and knowledge, and that how you protect your mindset is critically important.

Peter and Dan discuss what it takes to earn acceptance of new products or ideas. How to make it go viral, how to launch it in a supercredible fashion, and understanding the desired outcome from the beginning are critically important.   In this episode: Peter describes his rule of thumb that if something is 10x better, cheaper, faster, or easier, people will switch their behavior and change. Dan gives an example of Acceptance Momentum in history: when Thomas Edison brought the light bulb to market in New York City, and how he used it to light up a public square area to become a huge attraction. Peter describes his idea of supercredibility, and why the first time you hear about an idea impacts your acceptance and confidence.

Peter and Dan give an update on the latest research in technologies extending the healthy human lifespan.  Peter and Dan agree that “retirement” is one of the leading causes of death, and that mindset is a major factor in the game of human longevity.   In this episode: Peter explains how the human race is attacking the three major causes of death — heart disease, cancer, neurodegenerative disease — and why entrepreneurship is a key to this success. Dan explores how the extension of human life will impact Social Security, retirement, and other large programs. Peter and Dan discuss the ‘number in your head’ that dictates when you will die, and how this mindset impacts your health. Dan describes a helpful tool to broaden your thinking and how his Strategic Coach clients have benefited.

Peter and Dan discuss the latest technologies in the transportation industry. Electric autonomous cars, Virgin Hyperloop One, flying vehicles like Airbus and Uber Elevate, and Elon Musk’s Boring Company and SpaceX rockets.   In this episode: Peter compares today’s (2018 - 2022) transportation transition to early 20th century history, when mass-produced cars started to outpace the horse and buggy in 1908. Dan gives an example of the early adoption of autonomous elevators having an effect on the retail industry. Peter summarizes the implications of “car as a service,” which he believes will be 5-10x cheaper than owning a car because of the loss of car insurance, fuel, parking lots, not to mention fewer car accidents. Peter gives an update on Virgin Hyperloop One and a few companies creating autonomous flying vehicles. How does this change where you live? Where you work? As transportation becomes more agile, faster and cheaper, Dan and Peter discuss why humanity will spread out.

Peter and Dan delve into a number of dangerous ideas, including changing government, healthcare, and education, and discuss how these opinions are less than a decade away.   In this episode: Peter describes a world where the blockchain enables 100% trust among strangers, which will disrupt current governments and many industries. Dan discusses why he is constantly renewing relationships with people younger and younger. One key to his goal of extreme longevity is “you feel the same age as the person you’re interacting with.” Peter talks about his belief that we are rapidly heading towards the end of petroleum era and moving into an all-electric economy.

Peter and Dan revisit Peter’s 6 D’s of exponentials framework and discuss a new thinking tool created to help entrepreneurs measure how they are using technology in their companies and their lives.   In this episode: Peter describes the origin story of the 6 D’s of exponentials and why the concept has held true over this period of rapid change. Dan explains his thinking tool to help entrepreneurs measure their technology use and his belief that, when we first use a new technology, we must build confidence by finding a use case that fits with our everyday experience. Peter and Dan discuss humanity's ability to make constant progress using tools to build better tools, and their shared belief that adopting new technology is going to allow us to do more.

Peter and Dan discuss a common conversation theme in Silicon Valley — namely, that most people have no idea how quickly things are changing — and how technology has caused the world to move at an accelerated pace.   In this episode: Peter gives short overview of Moore’s Law, the history of computation and the exponential growth in this field. Dan and Peter discuss the number people using technology being the driving force that is causing more innovations, new ideas and ultimately new technologies. Peter tells the story of interviewing Marc Andreesen, an American entrepreneur, software engineer and co-creator of Netscape, the first web browser... and how, during that interview, he came up with the idea of the “interface moment,” which is the moment an exponentially growing technology becomes usable by entrepreneurs to generate massive revenue.

Peter and Dan discuss a conversation they had in 2013 that led to the creation of the Abundance 360 executive summit and the 25-year framework behind the idea.     In this episode: Peter describes how the 25-year framework changed his life, why this mindset shift becomes an organizing principle, and how it allows you to patiently focus on the goal. Dan discusses the concept of “The Gap”: the permanent distance between the ideal and the actual, and useful tools to help with measuring progress to big audacious goals. Peter talks about the “accessible possible” concept introduced by Dan Sullivan, why it’s powerful and how this has shaped the curation of Abundance 360.

Peter and Dan discuss entrepreneurial commercial space. Why is this happening now? Which companies are the most exciting to watch?     In this episode: Peter describes three reasons this is happening now: individuals concentrating massive wealth, the explosion of material sciences, and how the field of artificial intelligence has taken simulation to the next level. Peter gives a brief history of the space shuttle programs of the U.S. and Russia and discusses the dematerialization and demonetization of launch vehicles built by entrepreneurs today. Peter discusses why asteroids are important in the future of space travel, what his company Planetary Resources is doing to mine these near-Earth asteroids, and why he believes the next Gold Rush is in space.