Peter and Dan discuss recent breakthroughs in the commercial space industry, highlighting a slew of new startups entering the marketplace, whether in analytics or rocket engineering. As we witness the shift from a heavily government-funded space industry to one propelled by privately funded companies, the world will soon see more and more access to space. In this episode: Peter gives an update on the commercial space industry, as well as the challenges and opportunities of mining precious metals...
Mar 03, 2021•29 min•Season 1Ep. 97
Peter and Dan discuss the record-breaking speed of technological change and why the pandemic has accelerated rates of innovation. They also showcase the critical importance of honing your mindset during this time, as the pandemic continues to shape our industries, requiring us to adapt. In this episode: Peter shares one of his biggest lessons learned over the past year: to “never let a good crisis go to waste.” He explains why now is the most opportune moment to make changes in your organization...
Feb 08, 2021•24 min•Season 1Ep. 96
Peter and Dan discuss how the pandemic has changed our educational system forever. As countless schools have turned to fully online curriculums, entrepreneurs and educators are experimenting with a “new normal,” innovating novel platforms for learning from home. In this episode: Peter gives an update on being a parent as his kids attend school online. Dan explains why the school system must increasingly accommodate the individual, and Peter outlines the need for educational platforms to help chi...
Dec 14, 2020•29 min•Season 1Ep. 95
Peter and Dan discuss transformations in healthcare as a result of the pandemic and consequent stay-at-home orders. Peter envisions a future wherein people don’t go to the hospital when they get sick, but instead have a hospital at their fingertips thanks to sensors, wearables, and an abundance of personalized medical data. In this episode: Peter gives an update on COVAXX and a number of other vaccines developed for COVID-19. Dan delves into tele-health transformations within our modern-day heal...
Nov 29, 2020•22 min•Season 1Ep. 94
Peter and Dan continue their conversation about the Abundance Platinum Longevity trip, where Peter and a select group of entrepreneurs, executives and investors spent five days learning from the top longevity and immunology experts in two of California’s top biotech hubs. In this episode: Peter talks about the importance of two technologies, vaccines and gene therapy, both with incredible medical benefits. In particular he mentions a company called Vaxxinity who is democratizing healthcare using...
Nov 08, 2020•28 min•Season 1Ep. 93
Peter and Dan continue their conversation about the recent Abundance Platinum Longevity trip, where Peter and a select group of entrepreneurs, executives and investors spent five days learning from the top longevity and immunology experts in two of California’s top biotech hubs. In this episode: Peter and Dan discuss the explosion of sensors and preventive medicine breakthroughs now emerging at the helm of today’s healthcare market. As smartphone apps and AI more seamlessly enable personalized m...
Oct 25, 2020•33 min•Season 1Ep. 92
Peter and Dan recap the recent Abundance Platinum Longevity trip, where Peter and a select group spent five days learning from the top longevity and immunity experts in two of California’s top biotech hubs. In this episode: Peter offers his biggest takeaways from the trip, including one insight from Dr. Deepak Srivastava, President of the Gladstone Institutes, who explained why heart disease remains the leading cause of morbidity and mortality in the U.S. A tremendous feat, Dr. Srivastava’s rece...
Oct 05, 2020•31 min•Season 1Ep. 91
Peter and Dan discuss the recent launch and recovery of the SpaceX Crew Dragon, which carried humans in a commercially built spacecraft to and from the International Space Station. NASA astronauts Bob Behnken and Doug Hurley splashed down on August 2, 2020 making it the first water landing since 1975. In this episode: Peter gives a quick history of the U.S. and Soviet Union space race, spanning the launch of Sputnik in 1957 to the recent 2020 launch of the SpaceX Crew Dragon. Peter breaks down t...
Sep 04, 2020•32 min•Season 1Ep. 90
Peter and Dan discuss one of Dan’s latest concepts: are you a Simplifier or a Multiplier? Every great entrepreneur is primarily one or the other, and identifying which category you most fall into offers meaningful insight into the way you instinctively create value. In this episode: Dan talks about his book Simplifier-Multiplier Collaboration and one of the strategies it highlights: once you identify as either a simplifier or multiplier, you can find the perfect collaborator: your opposite. Simp...
Jul 21, 2020•16 min•Season 1Ep. 89
Peter and Dan discuss a number of longevity and pharmaceutical companies that are working to crack the vitality code of life. Exponential technologies, from machine learning to CRISPR, are enabling scientists to probe medical data, understand aging, and reverse its processes like never before. In this episode: Peter discusses a startup he’s tracking that uses gene therapy to treat age and age-related diseases afflicting animals, extending pets’ healthy lifespans by nearly a decade, with no side ...
Jun 24, 2020•25 min•Season 1Ep. 88
Peter and Dan discuss the ways in which today’s pandemic will fundamentally reshape a handful of industries, from commercial aviation to education. For most of us, we will not be returning to business as usual. Rather, we will see the emergence of redefined and reorganized companies, made resilient by their need to adapt to new market conditions. In this episode: Peter and Dan evaluate a number of possible outcomes for the airplane and travel industries, as countless businesses adapt to the new ...
May 22, 2020•34 min•Season 1Ep. 87
Peter and Dan discuss how evolutionary pressures speed up innovation, agreeing that the pandemic will accelerate technological progress and change our lives forever. In the arc of contemporary history, we will remember a clear distinction between life “Pre-COVID-19” and “Post-COVID-19.” To this effect, Peter and Dan demonstrate how business model innovation is at an all-time high, fueling historic levels of productivity and creativity for entrepreneurs in our new “work-from-home” economy. In thi...
May 11, 2020•28 min•Season 1Ep. 86
Peter and Dan discuss Software as a Service (SaaS) and AIaaS, both vital tools for businesses seeking to scale with a leaner organization. Particularly as workforces become distributed and companies race to digitize, cloud computing is now more important than ever before. In this episode: Dan talks about the historic opportunity to use our current global pause and newfound free time to brainstorm with customers and collaborate on new capabilities. Peter examines the potential of exponential tech...
Apr 30, 2020•28 min•Season 1Ep. 85
Peter and Dan discuss working-from-home (WFH) dynamics and how they’ve simplified their daily routines as the COVID-19 pandemic upends business-as-usual and forces us to adapt. Making longer-term projections, they illustrate how industries will transform during this global pause, and what implications we’ll see in our everyday lives. In this episode: Peter emphasizes the importance of treating every problem like an opportunity. By adapting to new (and projected) “normals,” Peter discusses his pr...
Apr 15, 2020•29 min•Season 1Ep. 84
Peter and Dan discuss the power of Artificial Intelligence as a Service (AIaaS) and its utility to thousands of companies in both traditional and non-traditional sectors. By adding an AI layer to your organization, AIaaS tools can help any company achieve scale with minimal increases in headcount, fueling data-driven business decisions, personalized marketing efforts, team efficiency, and countless other benefits. In this episode: Dan elaborates on a quote by Gino Wickman — “Systemize the predic...
Apr 02, 2020•32 min•Season 1Ep. 83
Peter and Dan showcase a number of entrepreneurs working on wireless power, virtual workplaces, and educational platforms with built-in facial recognition. In this episode: Peter discusses Guru, a company that has built a wireless charging system that transmits electricity using high-frequency radio waves. By combining this technology with 5G, businesses like Guru might soon usher in a wireless world. Peter gives an update on eXp Realty, which has zero physical offices yet thousands of real esta...
Mar 22, 2020•20 min•Season 1Ep. 82
Peter and Dan discuss the state of quantum computing and Google’s announcement that they achieved ‘quantum supremacy’ in October 2019. I n this episode: Peter gives a general overview of what quantum computing is and why this matters to entrepreneurs. Dan and Peter discuss the skill of asking great questions and why general AI’s will soon assist every aspect of our lives. Peter mentions a few unexpected consequences of converging technologies like 5G, broadband satellites, and quantum computing ...
Mar 01, 2020•24 min•Season 1Ep. 81
Peter and Dan discuss entrepreneurial breakthrough stories specifically in the energy industry. They talk about the importance of timing in launching a new venture and why the 2020’s will be the decade of exponential energy. In this episode: Peter mentions a company “Energy Vault” that is specializing in gravitational energy storage. Its primary product is a gravity battery that utilizes a multi-headed crane to store energy in a stacked tower of heavy blocks made from concrete. Dan mentions that...
Feb 10, 2020•31 min
Peter and Dan discuss an effective strategy whereby entrepreneurs and established companies eliminate competition, not by overtaking competitors, but rather by building new partnerships through collaborative opportunities. In this episode: Dan defines and illustrates his concept of the “ free zone frontier .” By establishing a partnership between two well-positioned capabilities, one party–the designated “simplifier”–provides a new solution while its counterpart serves as a massive “multiplier.”...
Dec 03, 2019•34 min
Peter and Dan discuss the oncoming wave of 3D-printed homes, soon to grant us far cheaper, more accessible, and environmentally sound alternatives to traditional housing. Offering numerous implications across materials science, market competition and the wealth gap, Peter and Dan demonstrate how both the construction and real estate industries will experience monumental disruption in the coming decade. In this episode: Peter emphasizes the need to constantly experiment with emerging technologies...
Nov 14, 2019•29 min
Peter and Dan discuss the first-order implications of artificial intelligence. As technologies like AR/VR, AI and blockchain converge to disrupt traditional business models and processes, countless tasks will become far easier, reducing business costs and time expenditures. In this episode: Peter discusses the latest breakthroughs in augmented reality, validating his belief that AR will become ubiquitous by 2030. Dan emphasizes the importance of skills training, and justifies why AI will transfo...
Oct 25, 2019•32 min
With the rise of exponential health technologies, Peter and Dan investigate newly available business opportunities using their “first order implications” framework. When biotech advancements turn sickcare into healthcare, and science adds an additional 20-30 healthy years to our lifespans, what new markets emerge (and which ones disappear)? Peter and Dan discuss the implications to businesses, customers, and society as a whole. In this episode: Dan delves into the social implications of people h...
Sep 24, 2019•29 min
Peter and Dan launch into a comprehensive update on space exploration. As governments and corporations alike pursue reusable spacecraft, extra-planetary manufacturing tools and cheaper launch systems, this discussion focuses on the remarkable initiatives of private companies like SpaceX and Blue Origin, now eclipsing government capabilities in speed and scale. In this episode: Peter examines the primary reasons for which today’s space companies focus on reusable launch systems and landing large ...
Sep 09, 2019•30 min
Peter and Dan discuss the transformation of construction and real estate, as solar energy, 3D printing, augmented reality (AR) and new materials science breakthroughs begin to permeate every facet of the way we design, construct and inhabit built spaces. In this episode: Dan uses historical examples to demonstrate the notion that process has often defined the real estate and construction industries (think: the premade Sears house kits, which democratized home design for American consumers). He f...
Jul 24, 2019•28 min
Location. Location. Location. Physical proximity has long been the name of the game. Yet as autonomous vehicles, virtual offices, and gigabit connection speeds transform our everyday lives, real estate markets are about to experience the massive waves created by these disruptions. Peter and Dan discuss the implications for real estate as convergence reshapes how we live, work, and play. In this episode: Peter illustrates how today’s low-value, long-distance real estate becomes far more attractiv...
Jul 11, 2019•31 min
Peter and Dan examine one of the most challenging decisions faced by serial entrepreneurs: when is the right time to kill a company? Illustrating firsthand stories of past company failures, they discuss the most tell-tale signs of dwindling passion and poor long-term prospects. If only plowing ahead out of obligation to investors, you might have reached the optimal time to kill an idea. Whether burning through cash with no profits in sight, or fast losing enthusiasm for a venture’s mission, thes...
Jun 24, 2019•25 min•Season 1Ep. 72
Peter and Dan discuss continuous education as critical in the 21st century to take advantage of new opportunities and develop new capabilities. With technology changing every month, week and even day, your agility as an entrepreneur depends on your ability to learn new skills and instantly apply this knowledge. In this episode: Peter talks about the fundamentally broken global education system and his belief that exponential technology will completely transform how we learn in the next decade. H...
May 28, 2019•27 min
Peter and Dan continue their hiring discussion with a focus on higher education and the ongoing debate of apprenticeships versus business school. As millennials represent more and more of the job market, should the next generation of leaders go into debt pursuing a degree or acquire business acumen through various forms of apprenticeship? In this episode: Peter talks about interviewing a recent employee who decided to get an MBA at Stanford Business school and his takeaways in a recent blog . As...
May 06, 2019•24 min
Peter and Dan discuss one of the biggest problems with the hiring process: most of the time, a job description doesn’t provide enough information to create a successful relationship between an employer and a new employee. In Episode 67 , they shared best practices within their own companies; in this follow-up episode, Peter and Dan discuss a specific agreement that communicates expectations to a new team member. In this episode: Dan explains his dislike of team management meetings and why he dev...
Apr 22, 2019•24 min
Peter and Dan talk about the history of insurance, and why this age-old industry is ripe for disruption. They discuss which exponential technologies will help inefficiencies and the new business models they see in the near future. In this episode: Peter believes insurance will start to disappear for most people as tech companies begin covering costs (i.e. autonomous car companies like Waymo offering free insurance to their riders). Dan talks about how AI will disrupt the middleman. He outlines a...
Apr 07, 2019•29 min