More than ever before in history, individuals can now band together to solve grand challenges. We face enormous problems, but we 'as individuals' have enormous power to solve them.
Peter DiamandisRead
If the idea is really new and unique and big, other people will all think it is bad and is going to fail.
Interpretation
New and unique ideas often face skepticism and criticism from others.
This quote by Peter Diamandis highlights the common phenomenon that groundbreaking ideas often encounter skepticism and doubt from those who cannot see their potential. When someone proposes something that goes against established norms or challenges the status quo, it is not uncommon for others to label it as impractical or destined for failure, illustrating the importance of perseverance and belief in one's vision, despite external negativity.
In practice
During a pitch to investors for a new technology startup.
More than ever before in history, individuals can now band together to solve grand challenges. We face enormous problems, but we 'as individuals' have enormous power to solve them.
I have the general philosophy of creating the future you want to see.
I was seeing a lot of entrepreneurs who were effectively working on the next photo-sharing app. I wanted to inspire them to go much bigger, bolder and more significant than that.
If the government regulates against use of drones or stem cells or artificial intelligence, all that means is that the work and the research leave the borders of that country and go someplace else.
The world's biggest problems are the world's biggest market opportunities. And that's a huge thing. Solve hunger, literacy and energy problems, get the gratitude of the world and become a billionaire in the process.
You need to be a little crazy to change the world, and you canβt really fake it.
If you double the number of experiments you do per year you're going to double your inventiveness.
Optimism is an essential ingredient of innovation. How else can the individual welcome change over security, adventure over staying in safe places?
I believe innovation is the most powerful force for change in the world. People who are pessimistic about the future tend to extrapolate from the present in a straight line. But innovation fundamentally shifts the trajectory of development.
Innovation comes ultimately from a diversity of perspectives. So when you combine ideas from different industries or different cultures, that's when you have the best sense of developing groundbreaking ideas.
Want to increase innovation? Lower the cost of failure.
Most innovation is not done by research institutes and national laboratories. It comes from manufacturing - from companies that want to extend their product reach, improve their costs, increase their returns. What's very important is in-house research.
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