Tackling the world’s biggest challenges, building a better future at Singularity University
Over the next 30 years, we’ll encounter some of the greatest transitions that any generation has ever had to face, and Singularity University (SU) has created a collaborative platform to tackle our biggest challenges.
I recently participated in SU San Francisco’s innovation program where we explored exponential technologies, innovation, and leadership through a combination of lectures, hands-on learning, case studies and networking. Exponential technologies guide us in the journey of global learning and innovation community to tackle the world’s biggest challenges and build a better future for all.
Working off of a platform for promoting new ways of thinking and innovating, SU was founded on the premise that the world’s greatest problems are also its greatest opportunities, and that the world has the ingredients to tackle these challenges and create abundance for all.
Technological disruption is affecting every part of our lives and a new mindset and toolset is needed to overcome the disruption. With the future coming faster, and in a way most people do not expect, many of us have become comfortable living in the past, which will result in a huge disruption of the workforce and the redistribution of work and wealth. Those caught unprepared will be the mid-market companies while larger organizations will have had the luxury of creating a longer vision, and the capital to invest in new technology.
Have you become comfortable? Is your organization ready for the fast-changing world? Are you running into technology adoption pain? Check out event photos and read more about SU on our latest blog. Visit or contact us at [email protected] to tap our deep expertise to help you quickly embrace the new trends and technology.
A weekend in Omaha, the mecca of investing
It was the mecca of investing for nearly 40,000 investors who came to Omaha from all over the world for the Berkshire Hathaway annual conference. The BH pilgrims were eager to gain insights from Warren Buffett, chairman and CEO of Berkshire Hathaway, and some of world’s gurus of business, including the philosophy Buffet used to build his fortune.
Attendees participated in outside conferences and gatherings in anticipation of the annual meeting. A big part of the draw for many who make the pilgrimage is the opportunity to hear from the likes of Tom Gayner, CIO of Markel Gayner Asset Management Corp, and Robert Hagstrom, author, chief investment strategist, and managing director for Legg Mason Investment. There are lessons learned and friendships nurtured.
Key takeaways:
- Change Is constant and consistent, and we have to welcome change
- There is no lack of capital, but rather the lack of good companies in which to invest
- Startups who have difficulty raising money are those without the right business model, they’re in a non-existent market, or they have the inability to execute
I completely agree with Buffet as my clients experience the same issues. They have the capital but cannot find good companies in which to invest.
Food for thought:
Buffet made his fortune by staying in his comfort zone – investing in traditional companies in the United States. What would his portfolio look like today and what would the valuation be if he deviated from the comfort zone to an area of discomfort? What would his success look like? Join the discussion and let us know your thoughts. Stay tuned for our future blogs on how to build an investor ready startup. Or, contact us for assistance.
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Disclaimer: Like humans, business has its own set of issues and corresponding solutions at each stage. All articles are based on mid-market foreign companies and their initial entry in the US market. Typically, these foreign companies have an annual revenue of $10 million to $100 million, have been established in their home countries for over 10 years, and have enough capital to fund an initial market entrance. Our articles are specifically related to this market and the unique issues these companies face during international expansion. If you plan to apply some of these concepts, please adjust them to your own business operation and business growth stage.
We are not lawyers or tax experts. As we often act as general business consultants and step in as interim CEO or project managers, we manage lawyers and CPA firm partners around the world. Our suggestions on legal and tax issues are solely from a practical management standpoint, and should not be considered technical, legal, or tax advice.
My background is in finance and accounting. I’ve worked in many Fortune 500 companies and Big 4 firms, as well as my family’s business. I’ve built my business from scratch, helping others build their businesses in a new country. I am a licensed CPA in the State of Texas.
Many of the ideas and strategies are based on real-life experiences from our clients as well as the books I’ve personally read – the two most influential: Scale by Jeff Hoffman and Scaling Up by Verne Harnish.