Being an entrepreneur almost all my business live and coming from an entrepreneurs family, it was obvious that one day I will support other entrepreneurs to become successful as well. After my wife and I decided to no longer run businesses ourselves, we decided to help young entrepreneurs build their companies, like we have been helped by mentors and investors to build ours.
Living for about 20 years in Silicon Valley, we started the Society3 Accelerator in 2014 in San Francisco and ran eight badges so far. Since the beginning we have been blessed with a 50% success rate, measured by external follow on funding of our portfolio companies. We are very proud of the companies we worked with and realize that the otherwise high failure rate of entrepreneurs can be reduced.
During these years, the direct correlation between innovation & entrepreneurship on one side and prosperity of the nations where entrepreneurship & innovation is embraced became very apparent. Highly innovative nations are the most prosper in the world. We founded the World Innovations Forum to contribute to the development of innovation and entrepreneurship in all nations, creating independent, self propelled economies.
Innovation has captivated my interest since I was a boy. It never stopped driving me to innovate.
At age four, my father gave me a concertina. Being extremely curious, I cut it open to see what’s inside. It was interesting to see the metal pieces, but nothing worked. When my mother found out she was about to be very angry, I was told, but my father stopped her as he was very impressed about me trying to “sneak into this device to find out how it works. All that was left for me from this scene: It’s OK to find out everything. My very first ever written blog post was about innovation.
Innovation is the ART of technology. Creativity at its best – and when done right useful for millions of people. Most importantly, it is the CORE ENGINE of any economy on this planet.
Eventually, I decided to find out what innovation really is, how it is made, where it comes from, and when innovation s really innovation. My first book about innovation, “Innovations Paradigm,” was more or less a collection of all thoughts, findings, relations, experiences, and effects from innovation I could find. On one side, it touches briefly on the 12,000 years of innovation history, and on the other side takes the latest understanding from neuroscientists how ideas get formed and composed in our brain. It became the base material for my second book (in the making), “Your Innovative Mind”.
The future is the only timespan we can influence. And humans did so, for the past 12,000 years, once we understood to farm and harvest, built buildings, organized ourselves in larger groups, and later began with the industrial revolution. With an ever-deeper understanding of our mind, our neural network, our DNA, and more we are on the verge of an intellectual revolution.
When understanding our brain we understand the limits of our capacity. However since humans are designed to augment any of its limits through machines, we will also find ways to extend the limits of our mental capacity. AI is only a tiny fraction of that development. That future is more intriguing than anything any human ever experienced. With the new intellectual revolution, we will be able to consciously think through challenges and opportunities that we cannot comprehend today.
For instance, planet Eart will one day be vanishing away. Human evolution is nature’s best bet to let biological life survive beyond the lifespan of the planet it was created on. And the research for alternative inhabitable planets already began. Earth is our nest – one day we will learn to fly and explore the universe for all reasons we already know today, limited space on earth, population growth, risks from asteroids, energy consumption and limited availability, resource limitations such as water, fresh air, uranium, lithium, and so forth. Think big, think bold, and outside the nest (box).