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Creating an EXO and the Importance of Problem-solving
To create an EXO, start with a massive transformative purpose (MTP) and then find the technology skills and capabilities to fulfill it. Don't build a company around a shiny widget without a clear problem to solve. Solar, fusion, and wind energy are technologies that fit within the EXO construct, but the construct is really about the kind of company you're building and who you're serving. Solar energy is doubling every 22 months and has the potential to meet the world's energy needs in four doublings. 50% of new electric energy on the grid in 2023 is solar. Lithium-ion batteries have dropped 90% in cost over the last decade. Building a company on exponential trends leads to exponential growth.