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Book Summary - Bold By Peter Dia,amdis And Steven Kotler - Literature - Nairaland

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Book Summary - Bold By Peter Dia,amdis And Steven Kotler by BookVendor(m): 7:08pm On Oct 01, 2017
We have sold many copies of this book not because it is small and cute but the information therein is massive. This is not a book for the timid and fearful. Like the book sounds, bold is an explanation of the world we will have started to experience now and in the future. It is like telling the people of the days of Noah about the technologies we have now. Bold was written by Peter Diamandis and Steven Kotler.

Lesson 1: The power to change the world is in your hands, right now.
Gordon Moore was the founder of Intel, and he discovered that computational power seemed to double every 12 months, since by then his company was usually able to place twice as many transistors on a chip of the same size. As it turns out, this exponential transgression has proven itself true over the years, which has lead to exponential growth in technology.
For example, the smartphone you’re holding in your hand right now (or carrying in your pocket), is a million times cheaper than a supercomputer from 1970 – but it’s also 1000 times more powerful.

Lesson 2: The businesses with the highest impact on the world will rely on exponential technology.
Two areas with huge impact and billions of potential dollars in profit Kotler and Diamandis have identified are artificial intelligence (AI) and sensor technology.
He explained that whenever you can dematerilise and demonetize a process, idea, company or competition you have made progress. He said that great companies in the world ride on platforms, bigger than systems. Platforms allow you to scale and reach serve more people with least cost. We have seen this with Uber, Amazon and other Nigerian companies such us Nairaland, Taxify and Jumia.

Lesson 3: You can use the skunk methodology to build your business quickly.
Ever heard the term skunk works? Originally taken from a comic strip, the name was given to a small group of engineers in 1943, who were tasked with developing a fighter jet that could stand against the then advanced German aircraft technology.
Skunk Works built the first US jet fighter in 143 days. The methodology they used let them act incredibly fast, and it’s still used today, and has led to some of the world’s most advanced jet fighter planes, like the Nighthawk or the Raptor. How did they do it?

There are three characteristic features of any “skunk works” operation:
1. It has one single, clearly defined goal.
2. It is not weighed down by any bureaucracy whatsoever.
3. Its team can work in an isolated, focused environment, without distractions.

Skunk Works built that fighter jet on nothing more than a handshake, all the financial and legal autonomy they needed, and in a quiet little workshop, which allowed them to stay in the flow state as long as they needed to.
If you have an idea that you think is groundbreaking, don’t be afraid to create such a skunk works environment for yourself and within a few weeks or months you’ll know whether the idea holds up in the real world of exponential technology, instead of wasting years of dabbling with it, but never really making any progress.

To order this book to your door, call/whatapp 08111111296 or visit www.bookvendeur.com to make a request.

Thank you.

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