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WHY IT’S IMPORTANT
Our world is exponential, ready or not.
‘Business as usual’ companies are falling away.Agile, exponentially-minded companies
are exploding onto the scene.
MORE SPECIFICALLY...
Ephemeralization.
“To do more and more with less and less until eventually you can do everything with nothing.”
~R. Buckminster Fuller
OUR JOURNEY
● Our world is changing — fast● How we got here● Exponential vs. Linear● Massive paradigm shift● A brave new world● What does a 10x business look like?● What drives a 10x business?
NON-STOP ACCELERATION
“If you go back 500 years, not much changed in a century. Now a lot happens in 6 months. Technology
feeds on itself and it gets faster and faster.”
~Ray Kurzweil
WHAT’S DRIVING CHANGE?
Computing Connectivity Digitization Lifestyle Economy
Internet of Things
Miniaturization
Ubiquitous Computing
Artificial Intelligence
3D Printing
Virtual & Augmented Reality
Natural Language Processing
Visual Recognition
Cryptocurrencies
Sharing Economy
Globalization
Political Volatility
Bluetooth, NFC, Zigbee
PAN, LAN, MAN, WAN
Balloons, Drones, Satellites
LTE Advanced, 5G
Smart Home
Life Extension
Sustainability
Quantified Self
MOTIVE FORCE OF CHANGE
Computing power is driving theprogression of society.
It is the “engine of prosperity.” ~Michio Kaku
RIPPLE EFFECTS
Computing Power
So
cial
ch
ang
e
Qu
alit
y o
f m
ate
rial
s
Fin
anci
al g
row
th
Se
nso
r se
nsi
tivi
ty
Moore’s law has impacted nearly every
aspect of our lives.
Ever faster, cheaper computing power
creates ever faster, cheaper industries.
Wid
esp
read
ed
uca
tio
n
Sp
ee
d o
f in
no
vati
on
GROWTH OF COMPUTING POWER
Computing power underpins the pace
of technological change and it is
growing exponentially.
Which drives change in our world at an exponential rate.
youtube.com/watch?v=jndZviHWE28
DATA STORM
2.5 quintillion bytes of data is created every day.
90% of the world’s data has been created in the last 2 years.
Coming from IoT sensors, social media posts, digital pictures and videos, purchase transactions, cell phone and GPS signals.
The importance of massive amounts of data on our pace of change cannot be overstated.
www-01.ibm.com/software/data/bigdata/what-is-big-data.html
SCARCITY BECOMES ABUNDANCE
Technology, the enabler.
Technology allows us to transform scarce materials and services into
abundant and inexpensive.
wired.com/2003/09/diamond
THE INDUSTRIAL REVOLUTIONS
en.wikipedia.org/wiki/Industry_4.0
3rd INDUSTRIAL REVOLUTION
Digitization.
Using electronics and information technology to automate production.
4th INDUSTRIAL REVOLUTION
Convergence of digital and physical.
Fusing technologies and blurring the lines between ‘things,’ digital and biology.
FOR EXAMPLE...
10 linear steps: 20 feet 10 exponential steps: 1024 feet
0+2 2+2 4+2 6+2 8+2 10+2 12+2 14+2 16+2 18+2 0 2x2 4x2 8x2 16x2 32x2 64x2 128x2 256x2 512x2
JUST AS IN BIOLOGY
via: mirrorsmagazine.com/a-stem-cell-differentiates-by-making-new-proteins
EXPONENTIAL IN ACTION
‘Put your money to work for you.’
Each round of interest is applied
to all previous.
Compound interest
EXTEND IT TO MOORE’S LAW
‘Put your work to work for you.’
Each generation is used to build the
next.
homepages.cwi.nl/~steven/Talks/2014/03-20-internet/
Faster computers building even faster
computers.
BIOLOGY LAGS TECHNOLOGY
How we evolved Today
Everything we knew waswithin a day’s walk.
We can travel anywhere in the world within hours.
If something happened on other side of planet, we knew nothing about it.
Something happens on other side of planet, we know about it seconds later.
Nothing changed over generations. Life is changing year-to-year.
Local & linear. Global & exponential.
youtube.com/watch?v=Mx8qYmkV5NQ
EXPONENTIAL IS HARD FOR HUMANS
We are hardwired to think linearly, butOur technologies are driving change at
an exponential rate.
IN THE PHYSICAL WORLD...
Things happen linearly.
If 25% of the time has gone by, we assume we
are 25% of the way there.
BUT IN THE EXPONENTIAL AGE...
Business requires a new way of thinking.
‘We must unlearn what we have learned.’
Drop the linear, in favorof the exponential.
CHANGING OF THE GUARD
Long-standing business titans are quickly dying out as their markets are being ripped away from them by
more agile, exponentially-minded businesses.
THE DEMISE OF MONOLITHIC
“The fact that nearly 9 of every 10 Fortune 500 companies in 1955 are gone,
merged, or contracted demonstrates that there’s been a lot of market
disruption, churning, and Schumpeterian creative destruction over the last 60
years.”
“50 years ago, the life expectancy of a firm in the Fortune 500 was around 75 years. Today, it’s less than 15 years and
declining all the time.”
aei.org/publication/fortune-500-firms-in-1955-vs-2015-only-12-remain-thanks-to-the-creative-destruction-that-fuels-economic-growthaei.org/publication/fortune-500-firms-in-1955-vs-2014-89-are-gone-and-were-all-better-off-because-of-that-dynamic-creative-destruction
THE RISE OF AGILE
● Recognize the changes● Capitalize on the changes● Catalyze/cause new
changes
CapitalizeCatalyze
Change
Recognize
3 PILLARS OF 10x BUSINESS
Built on exponential technologies● Let the wave push you
Uses exponential procedures● Stay on the wave
Exercises exponential leadership● Steer towards the next wave
“The greatest mathematical
discovery of all time.”
~Albert Einstein
Not just for finance.
COMPOUNDING EFFECT
EXPONENTIAL TECHNOLOGIES
Leverage the inherent compounding effect of exponential
technologies.
The goal is not to become an expert in the technologies, but to know
where the technologies are going so you can jump on the wave.
EXPONENTIAL PROCEDURES
Leverage the compounding effect through...
● Kaizen● Internet Centered● Customer Devoted● On-demand staffing● Autonomous organizational structure● Impact-driven engagement● Crowdsourcing● Crowdfunding● Algorithm-centered operations
EXPONENTIAL LEADERSHIP
Leverage the compounding effect through autonomy.
Less focus on making decisions and more emphasis on
empowering decisions within the organization.
NET IT OUT
Exponential Technology
Exponential Procedures
Exponential Leadership
Abundance Thinking
Builds Creates Drives
Accelerating Returns
Exponential Mindset
Exponential Business
Exponential Growth
GlobalImpact
Exponential Value
WHAT IS EXPONENTIAL MINDSET?
Endlessly searching for and leveraging tools and resources that allow you to
do more and more with less and less.
IN ENTREPRENEURSHIP TERMS…
10 linear days: 900 lines of code 10 exponential days: 5400 lines of code
Start with open source appLeverage developer community
Develop a new software application.
ACCELERATING RETURNS
Linear Mindset Exponential Mindset
It takes 50% more effort to produce 50% more
output.
It takes 50% less effort to produce 200% more
output.
INHERENT UNCERTAINTY
Just like a winding road, you can’t see around the bend when
riding an exponential curve.
An exponential mindset helps you become comfortable with
uncertainty.
NEED FOR EXPERIMENTATION
Fail to learn.
“If you want to increase your success rate, double your
failure rate.”
~Thomas J. WatsonFormer CEO, IBM
Exponential Technology
Exponential Procedures
RECAP
Exponential Leadership
Abundance Thinking
Builds Creates Drives
Accelerating Returns
Exponential Mindset
Exponential Business
Exponential Growth
GlobalImpact
Exponential Value
3 PILLARS OF 10x BUSINESS
CapitalizeCatalyze
Change
Recognize 10x LeadershipSteer towards next wave
10x TechnologyLet wave push you
10x ProceduresStay on wave
ONLY A DECISION AWAY
The exponential mindset takes vision and a leap of faith to commit to the unknown.
WHAT ARE YOUR THOUGHTS?
[ The 10x Effect = Ephemeralization ]
Endlessly searching for and leveraging ways…
“To do more and more with less and less until eventually you can do everything with nothing.”
UNLEASH YOUR BUSINESSEMBRACE EXPONENTIAL
10xnation.com
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