Applying the most conservative estimates to current demographic trends, the human population will increase by about 3 billion people during the human population grows up essay. What can be done to avoid this impending disaster?
Lets start with ten percent and see what happens next! Want to start a startup? If you wanted to get rich, how would you do it? Lots of people get rich knowing nothing more than that. You don’t have to know physics to be a good pitcher.
I think it could give you an edge to understand the underlying principles. Why do startups have to be small? Here is a brief sketch of the economic proposition. Suppose another multiple of three.
10, and probably rarely as high as 100. They just represent a point at the far end of the curve. If starting a startup were easy, everyone would do it. How do I get to be a billionaire, like Bill Gates? So let’s get Bill Gates out of the way right now. Microsoft’s future would have been very different. Microsoft at that stage had little leverage over IBM.
They were effectively a component supplier. Microsoft control of the PC standard. Microsoft had to do was execute. Forbes 400 with the other guys his age. You just have to do something people want. If you want to create wealth, it will help to understand what it is.
Wealth is not the same thing as money. Money is a comparatively recent invention. Wealth is the fundamental thing. Wealth is what you want, not money.
Money is a side effect of specialization. How do you get the person who grows the potatoes to give you some? By giving him something he wants in return. The advantage of a medium of exchange is that it makes trade work. People think that what a business does is make money. They do something people want. But that’s not the same thing.