What Others Are Saying About Educational Entrepreneurship




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The following is an email I received from a friend recently - very interesting!
Don Leisey

This is a little scary and very interesting, though no author is given.

Please read to the end. I imagine some of this will not turn out quite as planned, but much of it is coming and it will blow your mind!

In 1998, Kodak had 170,000 employees and sold 85% of all photo paper worldwide. Within just a few years, their business model disappeared and they went bankrupt.

What happened to Kodak will happen in a lot of industries in the next 10 years - and most people won't see it coming. Did you think in 1998 that 3 years later you would never take pictures on film again?

Yet digital cameras were invented in 1975. The first ones only had 10,000 pixels, but followed Moore's law. So as with all exponential technologies, it was a disappointment for a long time, before it became way superior and got mainstream in only a few short years. It will now happen with Artificial Intelligence, health, autonomous and electric cars, education, 3D printing, agriculture and jobs. Welcome to the 4th Industrial Revolution. Welcome to the Exponential Age.

Software will disrupt most traditional industries in the next 5-10 years.

Uber is just a software tool, they don't own any cars, and are now the biggest taxi company in the world.

Airbnb is now the biggest hotel company in the world, although they don't own any properties.

Artificial Intelligence: Computers become exponentially better in understanding the world. This year, a computer beat the best Go player in the world, 10 years earlier than expected.

In the US, young lawyers already don't get jobs. Because of IBM Watson, you can get legal advice (so far for more or less basic stuff) within seconds, with 90% accuracy compared with 70% accuracy when done by humans.

So if you study law, stop immediately. There will be 90% less lawyers in the future, only specialists will remain.

Watson already helps nurses diagnosing cancer, 4 times more accurate than human nurses. Facebook now has a pattern recognition software that can recognize faces better than humans. In 2030, computers will become more intelligent than humans.

Autonomous cars: In 2018 the first self driving cars will appear for the public. Around 2020, the complete industry will start to be disrupted. You don't want to own a car anymore. You will call a car with your phone, it will show up at your location and drive you to your destination. You will not need to park it, you only pay for the driven distance and can be productive while driving. Our kids will never get a driver's license and will never own a car.

It will change the cities, because we will need 90-95% less cars for that. We can transform former parking spaces into parks. 1.2 million people die each year in car accidents worldwide. We now have one accident every 60,000 mi (100,000 km), with autonomous driving that will drop to one accident in 6 million mi (10 million km). That will save a million lives each year.

Most car companies will probably become bankrupt. Traditional car companies try the evolutionary approach and just build a better car, while tech companies (Tesla, Apple, Google) will do the revolutionary approach and build a computer on wheels.

Many engineers from Volkswagen and Audi; are completely terrified of Tesla.

Insurance companies will have massive trouble because without accidents, the insurance will become 100x cheaper. Their car insurance business model will disappear.

Real estate will change. Because if you can work while you commute, people will move further away to live in a more beautiful neighborhood.

Electric cars will become mainstream about 2020. Cities will be less noisy because all new cars will run on electricity. Electricity will become incredibly cheap and clean: Solar production has been on an exponential curve for 30 years, but you can now see the burgeoning impact.

Last year, more solar energy was installed worldwide than fossil. Energy companies are desperately trying to limit access to the grid to prevent competition from home solar installations, but that can't last. Technology will take care of that strategy.

With cheap electricity comes cheap and abundant water. Desalination of salt water now only needs 2kWh per cubic meter (@ 0.25 cents). We don't have scarce water in most places, we only have scarce drinking water. Imagine what will be possible if anyone can have as much clean water as he wants, for nearly no cost.

Health: The Tricorder X price will be announced this year. There are companies who will build a medical device (called the "Tricorder" from Star Trek) that works with your phone, which takes your retina scan, your blood sample and you breath into it.

It then analyses 54 biomarkers that will identify nearly any disease. It will be cheap, so in a few years everyone on this planet will have access to world class medical analysis, nearly for free. Goodbye, medical establishment.

3D printing: The price of the cheapest 3D printer came down from $18,000 to $400 within 10 years. In the same time, it became 100 times faster. All major shoe companies have already started 3D printing shoes.

Some spare airplane parts are already 3D printed in remote airports. The space station now has a printer that eliminates the need for the large amount of spare parts they used to have in the past.

At the end of this year, new smart phones will have 3D scanning possibilities. You can then 3D scan your feet and print your perfect shoe at home.

In China, they already 3D printed and built a complete 6-storey office building. By 2027, 10% of everything that's being produced will be 3D printed.

Business opportunities: If you think of a niche you want to go in, ask yourself: "in the future, do you think we will have that?" and if the answer is yes, how can you make that happen sooner?

If it doesn't work with your phone, forget the idea. And any idea designed for success in the 20th century is doomed to failure in the 21st century.

Work: 70-80% of jobs will disappear in the next 20 years. There will be a lot of new jobs, but it is not clear if there will be enough new jobs in such a small time.

Agriculture: There will be a $100 agricultural robot in the future. Farmers in 3rd world countries can then become managers of their field instead of working all day on their fields.

Aeroponics will need much less water. The first Petri dish produced veal, is now available and will be cheaper than cow produced veal in 2018. Right now, 30% of all agricultural surfaces is used for cows. Imagine if we don't need that space anymore. There are several startups who will bring insect protein to the market shortly. It contains more protein than meat. It will be labeled as "alternative protein source" (because most people still reject the idea of eating insects).

There is an app called "moodies" which can already tell in which mood you are in. By 2020 there will be apps that can tell by your facial expressions, if you are lying. Imagine a political debate where it's being displayed when they're telling the truth and when they're not.

Bitcoin may even become the default reserve currency. Of the world.

Longevity: Right now, the average life span increases by 3 months per year. Four years ago, the life span used to be 79 years, now it's 80 years. The increase itself is increasing and by 2036, there will be more that one year increase per year. So we all might live for a long long time, probably way more than 100.

Education: The cheapest smart phones are already at $10 in Africa and Asia. By 2020, 70% of all humans will own a smart phone. That means, everyone has the same access to world class education.

Every child can use Khan academy for everything a child learns at school in First World countries. We have already released our software in Indonesia and will release it in Arabic, Suaheli and Chinese this Summer, because I see an enormous potential. We will give the English app for free, so that children in Africa can become fluent in English within half a year.

Boom!

Responses:

Wow. Wish I could live long enough to see some of this. Yet it is scary. Will forward this on. Thanks.
B.L. Downingtown, PA

Very interesting. This is a topic I have been discussing for years. It gets scarier because the technology will divide the "haves" from the "have nots" making it impossible for a "have not" to compete. Imagine if you could imbed a chip in your head that will make you instantly recall any fact or be able to speak a different language instantly. For business purposes, this would be a distinct advantage. It's coming. Imagine tiny robot you ingest that fight cancer at a cellular level or build your muscle tissue or bone density back at a cellular level. It will happen. Then what do we do when people live to be 200? 300? Stop aging completely?
RC San Rafael, CA

Thanks Don. In education we must prepare students for jobs that don't exist and a lifestyle that can only be left to the imagination. A long way from Honey Brook in 1955!
JAG Morgantown, PA

Wow! This is fascinating and probably will happen. One wonders what are the societal implication of all this technology.....jobs, the economy, nations, etc. Dr. D.G.
Greenbrae, CA

I think I'll just move to yurt in Mongolia and pretend this isn't happening.
TY San Francisco, CA

Very interesting. I guess I should not buy a new car since there is Uber. The thing is we are really in the boondocks. It is scary as well as exciting.
JGK, Blairtown, NJ

Amen. Let's use technology to perfect a time machine then transport the world back to when party phone lines were hi-tech. No Skype, Snap-Cat nor Twitter, just waiting for the neighbors to clear the line. (Chuckle) Thirty-seven years in the electronics sector of the aerospace industry, I have witnessed the drive for faster, greater capacity, greater power and greater memory while becoming smaller and smaller to near microscopic size. The first satellite I worked on in 1980 took a 45 foot semi-trailer to transport to the launch site. My last satellite in 2012 was of exponentially greater sophistication and capacity, and would have fit into a thirty gallon trash can. Bottom line, when do we humans become obsolete?
RDG Littleton, CO

This article is so fascinating...The world is changing so FAST.....hard for blondes to keep up........Thanks for sending...
GJ Santa Barbara, CA

I too confess to be a luddite. In contemplating longevity, why would anyone want to live longer when everything around him is beyond his understanding? My nephew tells me of clases entitled Disruptive Economics, e.g. Multiple listings is not necessary if yo know how to use a computer. Not only real estate, but across the spectrum businesses die because of new technology. Just plugged in my dumb phone. Fr the present dumb and happy is the only rational position for this old fart.
PB El Cerrito, CA



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PROCESS IMPROVEMENT
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Fact Finding
Often a major challenge in determining if and how to make improvements is to conduct effective fact-finding. In some cases, this could take weeks or even months of painstaking research. Especially under today's market pressure, organizations often take less time than they should to get accurate, reliable information. People often cloud facts with opinions or feelings, which makes it more likely they focus on people issues instead of process issues. There are some steps, however, you can take to ensure successful fact finding.
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Improving Existing Processes
Once you clearly understand a process, you can focus on ways to make improvements. Review each step of the process with the following key points in mind to make your problems SCARCE.
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Proper Project Planning Direction and Perfection
The ability to plan projects, both large and small, simple and complicated, is essential in today's business environment. Without the tools to do so, people tend to flounder, "wing it," or wander off course, resulting in delayed success, missed deadlines, or failure. Read on to learn about the steps you can take to plan a successful project.
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Why You Should Encourage Workplace Learning

Why You Should Encourage Workplace Learning

Peter Senge, author of the classic book The Fifth Discipline, believes that work must be more “learningful.” He states, “The organizations that will truly excel in the future will be the organizations that discover how to tap people’s commitment and capacity to learn at all levels in an organization.”

In Soundview’s special report “How to Encourage Workplace Learning”, we tap into the thinking of learning strategists like Peter Senge, Greg Bustin, Linda Honold, Daniel Tobin and John C. Maxwell to provide you will the guidance and tools you need to create a learning culture in your organization.

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How to Make the Most of Meetings
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Time is of the Essence
Start your meeting on time regardless of the number of absent members. Don't punish those who arrived on time by waiting for others. Tell latecomers they can get what they missed later. This sets the standard for future meetings and may encourage people to arrive on time more consistently.
 
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Please note Emily Pilloton's, IAEE's Educational Entrepreneur of 2013, presentation at the White House. Emily, congratulations on Project Design's visit to the White House and your presentation on "Making a Makerspace." - Don Leisey

Dear friends of Project H,

We are at the WHITE HOUSE today! We are so excited to have been invited to a meeting with over 100 other makerspace organizers from around the country, hosted by the Executive Office of the President (!!!) and the Office of Science and Technology Policy. Discussion topics for the day include funding opportunities, technology, operations, and community-building.

I am personally honored to be presenting to this group, and just spoke for 5 minutes about our Studio H and Girls Garage programs, and how making space for creativity can positively impact the lives of our young people and our communities.


Thank you to all of you for being part of our community. We are representing Project H with great pride on your behalf today!



Sincerely,



Emily Pilloton
Founder and Executive Director, Project H Design, 501c3
Founder and Director, Girls Garage

Copyright (C) 2016 Project H Design All rights reserved.



Decision 2016: Don't Forget Entrepreneurs

by Jonathan Ortmans

I am proud to have served on the Steering Committee for President Barack Obama's Global Entrepreneurship Summit happening this week in Silicon Valley. Given this is likely the last "entrepreneurship summit" for this President — and with a big decision looming this November on his replacement — we thought it worth taking a step back for a quick look at the role of governments and policymakers in enabling a flourishing entrepreneurial climate.

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This Week in Entrepreneurship Policy:
State of the Economy

by Mark Marich

Federal Reserve Chair Janet Yellen makes a couple of appearances at committee hearings on Capitol Hill this week to provide her semi-annual report on monetary policy and the state of the economy. Recently, Yellen confirmed that the Fed will gradually raise rates but a rate hike is not anticipated for July. She appears before the Senate Committee on Banking, Housing and Urban Affairs on Tuesday and the House Committee for Financial Services on Wednesday.




Louisiana Helping Startups Scale

by Mark Marich

The latest Kauffman Index on Growth Entrepreneurship showed Louisiana toward the top of its rankings of large states, thanks in part to a particularly strong trend on scale-ups. The state has the highest share of scale-ups in the U.S. — the number of firms that started small but grew to employ fifty people or more by their tenth year of operation as a percentage of all employer firms ten years and younger. One program that seems to be contributing to that is the Economic Gardening Initiative run by Louisiana Economic Development.









The Steps You Should Be Taking To Scale Your Product
 
What Three Entrepreneurs Did to Test Their Concepts
Before you empty your 401(k) or max out credit cards on an idea, it's imperative that you make sure you will be fully rewarded for the risk and labor. For entrepreneurs, the quickest and simplest way to validate an idea is often to test out a minimum viable product, or MVP.
 
The Steps You Should be Taking to Scale Your Product
If you've reached product-market fit, you've figured out how to take an idea and package it into a product and deliver it to market. Now comes the challenging part: taking advantage of early traction and expanding to broad market penetration.
 

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How to Communicate with Diplomacy and Tact

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Strictly Business: The Dale Carnegie Immersion Seminar

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How to Be More Confident at Work: 6 Helpful Dale Carnegie Quotes: Monthly Tip
Dale Carnegie gave us many quotes that inspire, influence, and most of all can help us create tools and thought patterns that help us build confidence in the workplace and in our everyday lives. Many of the self-confidence quotes and teachings have been incorporated into Dale Carnegie's Training programs, which are offered to organizations in over 90 countries around the world today. Many times, building confidence in yourself comes from practice as well as getting out of your comfort zone and pushing your abilities. Here are 6 Dale Carnegie quotes that will help you build self-confidence and get you moving forward.
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"Once you have made a careful decision based on facts, go into action. Don't stop to reconsider. Don't begin to hesitate, worry, and retrace your steps. Don't lose yourself in self-doubting which begets other doubts. Don't keep looking back over your shoulder." - Dale Carnegie
 
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"Our trouble is not ignorance, but inaction." - Dale Carnegie
 
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"Inaction breeds doubt and fear. Action breeds confidence and courage. If you want to conquer fear, do not sit home and think about it. Go out and get busy." - Dale Carnegie
 
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Founders who seek early contact with customers gain insights into customer needs that are invaluable in the vital development stages of a startup. Steve Blank explains the three must-know components of the Lean Method.


Do You Have Product-Market Fit? >


Scaling

The scaling stage is just one of the stages of a company's life cycle. And, it's all about growth, likely growing many times faster than the overall economy. Are you ready?


Understanding Your Stage >


Startups

When you're starting to scale, it becomes all about execution. A scaling company is organized differently from the way a startup is organized, which has major implications moving forward.


Do You Know the Difference? >