[Applause] is this funtastic hi okay so it’s good
is this funtastic hi okay so it’s good
is this funtastic hi okay so it’s good to have 500 people sitting to listen to
to have 500 people sitting to listen to
to have 500 people sitting to listen to this this was supposed to be about
this this was supposed to be about
this this was supposed to be about rainmaking okay for those of you who
rainmaking okay for those of you who
rainmaking okay for those of you who don’t know what train making is it’s
don’t know what train making is it’s
don’t know what train making is it’s basically making money for either
basically making money for either
basically making money for either yourself or other people making it rain
yourself or other people making it rain
yourself or other people making it rain the concept of rain making okay it has
the concept of rain making okay it has
the concept of rain making okay it has nothing to do with dancing and hoping
nothing to do with dancing and hoping
nothing to do with dancing and hoping that it will rain but it comes from that
that it will rain but it comes from that
that it will rain but it comes from that because back in the old days if you
because back in the old days if you
because back in the old days if you danced and it rained you had crops and
danced and it rained you had crops and
danced and it rained you had crops and you effectively had wealth this is going
you effectively had wealth this is going
you effectively had wealth this is going to be a little different because I
to be a little different because I
to be a little different because I recently two weeks ago finished
recently two weeks ago finished
recently two weeks ago finished organizing one of the biggest
organizing one of the biggest
organizing one of the biggest conferences in the world and this was a
conferences in the world and this was a
conferences in the world and this was a conference called BDL accelerate we had
conference called BDL accelerate we had
conference called BDL accelerate we had 25,000 people show up 4,000 people flew
25,000 people show up 4,000 people flew
25,000 people show up 4,000 people flew in from Europe Steve Wozniak came Tony
in from Europe Steve Wozniak came Tony
in from Europe Steve Wozniak came Tony Fadell came it was a very successful
Fadell came it was a very successful
Fadell came it was a very successful conference where maybe second or third
conference where maybe second or third
conference where maybe second or third biggest in the world now at the end of
biggest in the world now at the end of
biggest in the world now at the end of that conference I came to realization
that conference I came to realization
that conference I came to realization that there was something fundamentally
that there was something fundamentally
that there was something fundamentally wrong with the startup world okay I’ve
wrong with the startup world okay I’ve
wrong with the startup world okay I’ve been in the startup world for 10 years
been in the startup world for 10 years
been in the startup world for 10 years and this is the story that starts about
and this is the story that starts about
and this is the story that starts about rainmaking and it will end on a tangent
rainmaking and it will end on a tangent
rainmaking and it will end on a tangent that I’ve been working on for just two
that I’ve been working on for just two
that I’ve been working on for just two weeks now so bear with me if I lose my
weeks now so bear with me if I lose my
weeks now so bear with me if I lose my train of thought this is very fresh very
train of thought this is very fresh very
train of thought this is very fresh very very fresh so ten years ago I was 24
very fresh so ten years ago I was 24
very fresh so ten years ago I was 24 okay young foolish lost and I had
okay young foolish lost and I had
okay young foolish lost and I had traveled around the world i studied in
traveled around the world i studied in
traveled around the world i studied in the US all that and I came to the
the US all that and I came to the
the US all that and I came to the conclusion that I wanted to be in
conclusion that I wanted to be in
conclusion that I wanted to be in Lebanon I’m from Lebanon my home country
Lebanon I’m from Lebanon my home country
Lebanon I’m from Lebanon my home country and once I realized I wanted to be in
and once I realized I wanted to be in
and once I realized I wanted to be in Lebanon it wasn’t really me who realized
Lebanon it wasn’t really me who realized
Lebanon it wasn’t really me who realized that my uncle realized it and told me
that my uncle realized it and told me
that my uncle realized it and told me listen just this is where you want to be
listen just this is where you want to be
listen just this is where you want to be figure out what you want to do where you
figure out what you want to do where you
figure out what you want to do where you want to be now that you know where you
want to be now that you know where you
want to be now that you know where you want to be so I was in this state I had
want to be so I was in this state I had
want to be so I was in this state I had found where I wanted to be where I
found where I wanted to be where I
found where I wanted to be where I belong okay but I couldn’t see the top
belong okay but I couldn’t see the top
belong okay but I couldn’t see the top of the pyramid I don’t know if you are
of the pyramid I don’t know if you are
of the pyramid I don’t know if you are familiar
familiar
familiar this is Maslow’s pyramid it’s the
this is Maslow’s pyramid it’s the
this is Maslow’s pyramid it’s the hierarchy of needs it’s a concept of
hierarchy of needs it’s a concept of
hierarchy of needs it’s a concept of psychology what we aspire to so I was at
psychology what we aspire to so I was at
psychology what we aspire to so I was at the belonging stage i moved to Lebanon I
the belonging stage i moved to Lebanon I
the belonging stage i moved to Lebanon I had this beautiful cloud that was
had this beautiful cloud that was
had this beautiful cloud that was clouding my vision of what was at the
clouding my vision of what was at the
clouding my vision of what was at the top and I decided okay it I’m gonna
top and I decided okay it I’m gonna
top and I decided okay it I’m gonna go into the startup world okay that was
go into the startup world okay that was
go into the startup world okay that was 2007 I started off working in a very
2007 I started off working in a very
2007 I started off working in a very very large Bank in the Middle East
very large Bank in the Middle East
very large Bank in the Middle East called bank audi they handed me their
called bank audi they handed me their
called bank audi they handed me their intrapreneurship department I don’t know
intrapreneurship department I don’t know
intrapreneurship department I don’t know if you know anything about
if you know anything about
if you know anything about entrepreneurship it’s basically the
entrepreneurship it’s basically the
entrepreneurship it’s basically the antithesis of what an organization large
antithesis of what an organization large
antithesis of what an organization large organization is they give a couple of
organization is they give a couple of
organization is they give a couple of people the opportunity to do crazy
people the opportunity to do crazy
people the opportunity to do crazy things and then at the end of the cycle
things and then at the end of the cycle
things and then at the end of the cycle they tell them this is not going to
they tell them this is not going to
they tell them this is not going to happen so I spent four and a half years
happen so I spent four and a half years
happen so I spent four and a half years doing that and then at the end they told
doing that and then at the end they told
doing that and then at the end they told me this is not going to happen so I
me this is not going to happen so I
me this is not going to happen so I moved on I created my own startup did
moved on I created my own startup did
moved on I created my own startup did very well did a skype call to San
very well did a skype call to San
very well did a skype call to San Francisco with a VC you may know called
Francisco with a VC you may know called
Francisco with a VC you may know called kleiner perkins one of the top four and
kleiner perkins one of the top four and
kleiner perkins one of the top four and we pitched our idea we were at the MVP
we pitched our idea we were at the MVP
we pitched our idea we were at the MVP stage they got very excited they’re like
stage they got very excited they’re like
stage they got very excited they’re like sure we’ll give you money move to san
sure we’ll give you money move to san
sure we’ll give you money move to san francisco and i’m like i just moved to
francisco and i’m like i just moved to
francisco and i’m like i just moved to lebanon okay this doesn’t work so anyway
lebanon okay this doesn’t work so anyway
lebanon okay this doesn’t work so anyway we kept the company going for another
we kept the company going for another
we kept the company going for another year and then we shut it down there was
year and then we shut it down there was
year and then we shut it down there was really very little chance of survival in
really very little chance of survival in
really very little chance of survival in Lebanon from there I got a little
Lebanon from there I got a little
Lebanon from there I got a little depressed I opened up a cookie shop okay
depressed I opened up a cookie shop okay
depressed I opened up a cookie shop okay where I sold cookies on Twitter okay and
where I sold cookies on Twitter okay and
where I sold cookies on Twitter okay and I made the cookies myself it was very
I made the cookies myself it was very
I made the cookies myself it was very successful but I was way too young to be
successful but I was way too young to be
successful but I was way too young to be like a baker for at least for me okay so
like a baker for at least for me okay so
like a baker for at least for me okay so I locked up the recipe and decided okay
I locked up the recipe and decided okay
I locked up the recipe and decided okay now is the time it was 2010 it was just
now is the time it was 2010 it was just
now is the time it was 2010 it was just the beginning of the hype of
the beginning of the hype of
the beginning of the hype of accelerators I’m sure you’ve all heard
accelerators I’m sure you’ve all heard
accelerators I’m sure you’ve all heard of what an accelerator is we’re going to
of what an accelerator is we’re going to
of what an accelerator is we’re going to create startups we’re going to make so
create startups we’re going to make so
create startups we’re going to make so many successful startups and were going
many successful startups and were going
many successful startups and were going to make money making startups from 2010
to make money making startups from 2010
to make money making startups from 2010 until 2013 we made a lot of startups we
until 2013 we made a lot of startups we
until 2013 we made a lot of startups we didn’t make any money it was a very
didn’t make any money it was a very
didn’t make any money it was a very incredible journey what was exciting
incredible journey what was exciting
incredible journey what was exciting about it was that we were able to turn
about it was that we were able to turn
about it was that we were able to turn Lebanon from a proc
Lebanon from a proc
Lebanon from a proc techny non-existent ecosystem to a very
techny non-existent ecosystem to a very
techny non-existent ecosystem to a very thriving ecosystem because our startups
thriving ecosystem because our startups
thriving ecosystem because our startups convinced the central bank of Lebanon to
convinced the central bank of Lebanon to
convinced the central bank of Lebanon to create a six or six hundred million
create a six or six hundred million
create a six or six hundred million dollar sovereign fund that would fund
dollar sovereign fund that would fund
dollar sovereign fund that would fund the ecosystem and it’s one of the
the ecosystem and it’s one of the
the ecosystem and it’s one of the biggest in the world in terms of per per
biggest in the world in terms of per per
biggest in the world in terms of per per capita so that created the ecosystem and
capita so that created the ecosystem and
capita so that created the ecosystem and from there the central bank asked me
from there the central bank asked me
from there the central bank asked me please stay on advise and I’m like if
please stay on advise and I’m like if
please stay on advise and I’m like if you’re going to have six hundred million
you’re going to have six hundred million
you’re going to have six hundred million dollars you’re gonna have to do
dollars you’re gonna have to do
dollars you’re gonna have to do something cool with that money I can
something cool with that money I can
something cool with that money I can spend it for you and they’re like sure
spend it for you and they’re like sure
spend it for you and they’re like sure let’s spend the money and i created this
let’s spend the money and i created this
let’s spend the money and i created this conference called BDL accelerate and
conference called BDL accelerate and
conference called BDL accelerate and this conference basically in the span of
this conference basically in the span of
this conference basically in the span of three years this was 2015 2015 2016 in
three years this was 2015 2015 2016 in
three years this was 2015 2015 2016 in the span of three years we took it from
the span of three years we took it from
the span of three years we took it from 1600 attendees to 25,000 attendees and
1600 attendees to 25,000 attendees and
1600 attendees to 25,000 attendees and that’s when it started to rain okay the
that’s when it started to rain okay the
that’s when it started to rain okay the whole world was now looking at beirut
whole world was now looking at beirut
whole world was now looking at beirut all of these great speakers came we had
all of these great speakers came we had
all of these great speakers came we had people from eventbrite from spotify from
people from eventbrite from spotify from
people from eventbrite from spotify from apple from apple so on so forth and i
apple from apple so on so forth and i
apple from apple so on so forth and i had hit the pinnacle of the startup
had hit the pinnacle of the startup
had hit the pinnacle of the startup journey 23,000 250 registrations 125
journey 23,000 250 registrations 125
journey 23,000 250 registrations 125 speakers 414 cities represented okay
speakers 414 cities represented okay
speakers 414 cities represented okay this was really impressive okay that’s
this was really impressive okay that’s
this was really impressive okay that’s 8,000 people watching Steve Wozniak and
8,000 people watching Steve Wozniak and
8,000 people watching Steve Wozniak and then the Sun came out the clouds
then the Sun came out the clouds
then the Sun came out the clouds dispersed and I realized there was no
dispersed and I realized there was no
dispersed and I realized there was no top to the pyramid okay it was still a
top to the pyramid okay it was still a
top to the pyramid okay it was still a sunny day if you’ve been to Lebanon we
sunny day if you’ve been to Lebanon we
sunny day if you’ve been to Lebanon we have around 300 days of Sun so it’s
have around 300 days of Sun so it’s
have around 300 days of Sun so it’s always like that okay when it rains it
always like that okay when it rains it
always like that okay when it rains it rains but then you look up and there’s
rains but then you look up and there’s
rains but then you look up and there’s no top of the pyramid and it occurred to
no top of the pyramid and it occurred to
no top of the pyramid and it occurred to me that there might be something
me that there might be something
me that there might be something fundamentally wrong with what’s
fundamentally wrong with what’s
fundamentally wrong with what’s happening in the world today so I took a
happening in the world today so I took a
happening in the world today so I took a step back and I started reading okay and
step back and I started reading okay and
step back and I started reading okay and I’m like why why did I not find the top
I’m like why why did I not find the top
I’m like why why did I not find the top of the pyramid and I found this very
of the pyramid and I found this very
of the pyramid and I found this very very interesting article in vanity fair
very interesting article in vanity fair
very interesting article in vanity fair about the obsession okay of iron rant
about the obsession okay of iron rant
about the obsession okay of iron rant for those of you who don’t know I grant
for those of you who don’t know I grant
for those of you who don’t know I grant is she’s a philosopher from the early
is she’s a philosopher from the early
is she’s a philosopher from the early 20th century who talked about how
20th century who talked about how
20th century who talked about how everything that is human
everything that is human
everything that is human is driven by self-interest so I ran the
is driven by self-interest so I ran the
is driven by self-interest so I ran the pretty girl in the left here is
pretty girl in the left here is
pretty girl in the left here is basically the role model of every major
basically the role model of every major
basically the role model of every major major successful entrepreneur in Silicon
major successful entrepreneur in Silicon
major successful entrepreneur in Silicon Valley from peter thiel to jack dorsey
Valley from peter thiel to jack dorsey
Valley from peter thiel to jack dorsey to to travis kalanick to so on so forth
to to travis kalanick to so on so forth
to to travis kalanick to so on so forth all of them live by her model of life
all of them live by her model of life
all of them live by her model of life the end justifies the means and I’m sure
the end justifies the means and I’m sure
the end justifies the means and I’m sure you all know Steve Jobs he was also a
you all know Steve Jobs he was also a
you all know Steve Jobs he was also a big fan of Ayn Rand so when you look at
big fan of Ayn Rand so when you look at
big fan of Ayn Rand so when you look at that and you start thinking okay so the
that and you start thinking okay so the
that and you start thinking okay so the culture that is driving startups around
culture that is driving startups around
culture that is driving startups around the world that’s driving the new form of
the world that’s driving the new form of
the world that’s driving the new form of entourage Brown the world is a culture
entourage Brown the world is a culture
entourage Brown the world is a culture of self-interest what does that mean so
of self-interest what does that mean so
of self-interest what does that mean so 2010 Barack Obama went to Cairo and this
2010 Barack Obama went to Cairo and this
2010 Barack Obama went to Cairo and this was before the Arab Spring whatever that
was before the Arab Spring whatever that
was before the Arab Spring whatever that was okay and just as the whole
was okay and just as the whole
was okay and just as the whole world was starting to pick up on the
world was starting to pick up on the
world was starting to pick up on the Entrepreneurship seen London was still
Entrepreneurship seen London was still
Entrepreneurship seen London was still barely there Paris was barely there very
barely there Paris was barely there very
barely there Paris was barely there very few very very few countries other than
few very very few countries other than
few very very few countries other than the US had an entrepreneurship scene and
the US had an entrepreneurship scene and
the US had an entrepreneurship scene and Obama went to the American University of
Obama went to the American University of
Obama went to the American University of Cairo and got up in front of tens of
Cairo and got up in front of tens of
Cairo and got up in front of tens of thousands of people and said each and
thousands of people and said each and
thousands of people and said each and every one of you is an entrepreneur and
every one of you is an entrepreneur and
every one of you is an entrepreneur and it was a very moving speech remember
it was a very moving speech remember
it was a very moving speech remember this was before the Arab Spring he
this was before the Arab Spring he
this was before the Arab Spring he basically convinced these thousands and
basically convinced these thousands and
basically convinced these thousands and thousands of Egyptians that each and
thousands of Egyptians that each and
thousands of Egyptians that each and every one of them could be a superhero
every one of them could be a superhero
every one of them could be a superhero okay when we talk entrepreneurs today we
okay when we talk entrepreneurs today we
okay when we talk entrepreneurs today we don’t think okay I’m going to build
don’t think okay I’m going to build
don’t think okay I’m going to build something that’s going to maybe be a
something that’s going to maybe be a
something that’s going to maybe be a bakery with you know some nice cookies
bakery with you know some nice cookies
bakery with you know some nice cookies we think I want to be the next chief
we think I want to be the next chief
we think I want to be the next chief jobs i want to be the next uber i want
jobs i want to be the next uber i want
jobs i want to be the next uber i want to create something that will make that
to create something that will make that
to create something that will make that will create a unicorn okay and these
will create a unicorn okay and these
will create a unicorn okay and these people are effectively superheroes the
people are effectively superheroes the
people are effectively superheroes the superhero meaning in the sense that they
superhero meaning in the sense that they
superhero meaning in the sense that they created something that’s practically
created something that’s practically
created something that’s practically impossible so these are the unicorns
impossible so these are the unicorns
impossible so these are the unicorns they’re over there okay and the problem
they’re over there okay and the problem
they’re over there okay and the problem with the unicorns is that they I don’t
with the unicorns is that they I don’t
with the unicorns is that they I don’t know if you are you familiar with the
know if you are you familiar with the
know if you are you familiar with the concept kool-aid okay this is an
concept kool-aid okay this is an
concept kool-aid okay this is an American concept it’s really really
American concept it’s really really
American concept it’s really really nasty fake
nasty fake
nasty fake juice okay which if you grew up in the
juice okay which if you grew up in the
juice okay which if you grew up in the 80s and 90s you drank a lot of and it
80s and 90s you drank a lot of and it
80s and 90s you drank a lot of and it didn’t taste anything like juice but it
didn’t taste anything like juice but it
didn’t taste anything like juice but it was very colorful okay and basically
was very colorful okay and basically
was very colorful okay and basically when they say you know drinking your own
when they say you know drinking your own
when they say you know drinking your own kool-aid means you believe the that
kool-aid means you believe the that
kool-aid means you believe the that you you said you’re saying and
you you said you’re saying and
you you said you’re saying and eventually it’s your drinking your own
eventually it’s your drinking your own
eventually it’s your drinking your own okay and this is the unicorn okay
okay and this is the unicorn okay
okay and this is the unicorn okay the Unicorn is not at the 0.13 it’s
the Unicorn is not at the 0.13 it’s
the Unicorn is not at the 0.13 it’s actually off the charts okay unicorns
actually off the charts okay unicorns
actually off the charts okay unicorns are at best one in a million okay so
are at best one in a million okay so
are at best one in a million okay so they’re not on this chart one in a
they’re not on this chart one in a
they’re not on this chart one in a million so there aren’t any unicorns in
million so there aren’t any unicorns in
million so there aren’t any unicorns in this room okay if we had a hundred of
this room okay if we had a hundred of
this room okay if we had a hundred of this room that we still wouldn’t have
this room that we still wouldn’t have
this room that we still wouldn’t have any unicorns what does that mean that
any unicorns what does that mean that
any unicorns what does that mean that means the unicorn okay is what we are
means the unicorn okay is what we are
means the unicorn okay is what we are aspiring to and the whole world is
aspiring to and the whole world is
aspiring to and the whole world is modeled around the unicorns but there’s
modeled around the unicorns but there’s
modeled around the unicorns but there’s 99.999% of the human population that has
99.999% of the human population that has
99.999% of the human population that has no chance of ever being a unicorn
no chance of ever being a unicorn
no chance of ever being a unicorn statistically it’s just not possible
statistically it’s just not possible
statistically it’s just not possible okay so the whole world has been
okay so the whole world has been
okay so the whole world has been striving to be unicorns but it’s simply
striving to be unicorns but it’s simply
striving to be unicorns but it’s simply not possible because the game is not
not possible because the game is not
not possible because the game is not designed that way and the rules of the
designed that way and the rules of the
designed that way and the rules of the game are not designed that way 1 billion
game are not designed that way 1 billion
game are not designed that way 1 billion people by 2020 there will be 1 billion
people by 2020 there will be 1 billion
people by 2020 there will be 1 billion unemployed people okay around the world
unemployed people okay around the world
unemployed people okay around the world 1 billion okay now what happens when
1 billion okay now what happens when
1 billion okay now what happens when people are unemployed they start
people are unemployed they start
people are unemployed they start revolutions okay that’s what happened in
revolutions okay that’s what happened in
revolutions okay that’s what happened in the Arab Spring it had nothing to do
the Arab Spring it had nothing to do
the Arab Spring it had nothing to do with one thing to change one of the
with one thing to change one of the
with one thing to change one of the stories I’m not sure if you’ve heard it
stories I’m not sure if you’ve heard it
stories I’m not sure if you’ve heard it okay in Egypt Egypt is 90 million people
okay in Egypt Egypt is 90 million people
okay in Egypt Egypt is 90 million people just around the time of the Arab Spring
just around the time of the Arab Spring
just around the time of the Arab Spring in Egypt the government decided to crack
in Egypt the government decided to crack
in Egypt the government decided to crack down on cannabis on hashish okay and
down on cannabis on hashish okay and
down on cannabis on hashish okay and when they crack down on hashish people
when they crack down on hashish people
when they crack down on hashish people couldn’t smoke up anymore okay so they
couldn’t smoke up anymore okay so they
couldn’t smoke up anymore okay so they woke up and they looked around and
woke up and they looked around and
woke up and they looked around and they’re like what the is this
they’re like what the is this
they’re like what the is this I don’t have a job I don’t have a life I
I don’t have a job I don’t have a life I
I don’t have a job I don’t have a life I can’t eat i’m living in here and
can’t eat i’m living in here and
can’t eat i’m living in here and when they have nothing better to do they
when they have nothing better to do they
when they have nothing better to do they revolt now take that 1 billion ok and
revolt now take that 1 billion ok and
revolt now take that 1 billion ok and remove 1 million ok not 1 million from
remove 1 million ok not 1 million from
remove 1 million ok not 1 million from the billion but six zeros what are you
the billion but six zeros what are you
the billion but six zeros what are you left with 1000 people there are 1000
left with 1000 people there are 1000
left with 1000 people there are 1000 people who are going to create unicorns
people who are going to create unicorns
people who are going to create unicorns and the rest are just going to drink the
and the rest are just going to drink the
and the rest are just going to drink the kool-aid ok so what does that lead to so
kool-aid ok so what does that lead to so
kool-aid ok so what does that lead to so as people are drinking the kool-aid they
as people are drinking the kool-aid they
as people are drinking the kool-aid they start believing in cults one of the most
start believing in cults one of the most
start believing in cults one of the most interesting thing that was recently I
interesting thing that was recently I
interesting thing that was recently I think published and some psychology
think published and some psychology
think published and some psychology journal was that the reaction people
journal was that the reaction people
journal was that the reaction people have to their Apple products is the same
have to their Apple products is the same
have to their Apple products is the same as fundamentalist religious people to
as fundamentalist religious people to
as fundamentalist religious people to their religious doctrines like a a Bible
their religious doctrines like a a Bible
their religious doctrines like a a Bible or a Quran is the equivalent of a
or a Quran is the equivalent of a
or a Quran is the equivalent of a macbook for these different categories
macbook for these different categories
macbook for these different categories of people okay like this is they were
of people okay like this is they were
of people okay like this is they were they mapped their brainwaves okay and
they mapped their brainwaves okay and
they mapped their brainwaves okay and they could see the exact same reactions
they could see the exact same reactions
they could see the exact same reactions in their brains so people are now
in their brains so people are now
in their brains so people are now following coats and the cults are no
following coats and the cults are no
following coats and the cults are no longer just religion they are now
longer just religion they are now
longer just religion they are now products they are brands and if you had
products they are brands and if you had
products they are brands and if you had if you’ve recently read into the
if you’ve recently read into the
if you’ve recently read into the valuation of Apple Apple is no longer
valuation of Apple Apple is no longer
valuation of Apple Apple is no longer valued as a consumer electronics company
valued as a consumer electronics company
valued as a consumer electronics company it’s valued as a luxury brand company so
it’s valued as a luxury brand company so
it’s valued as a luxury brand company so Apple is the same process is in the same
Apple is the same process is in the same
Apple is the same process is in the same process of evaluation as Louie Vito ok
process of evaluation as Louie Vito ok
process of evaluation as Louie Vito ok that’s how they value it today what does
that’s how they value it today what does
that’s how they value it today what does that mean that means we are no longer
that mean that means we are no longer
that mean that means we are no longer buying products because they are good we
buying products because they are good we
buying products because they are good we are buying products because people are
are buying products because people are
are buying products because people are telling us they are good because we’re
telling us they are good because we’re
telling us they are good because we’re following the doctrine now what do you
following the doctrine now what do you
following the doctrine now what do you see in this picture does anyone know
see in this picture does anyone know
see in this picture does anyone know what’s this picture yes what where is
what’s this picture yes what where is
what’s this picture yes what where is the Kaaba in the picture it’s that tiny
the Kaaba in the picture it’s that tiny
the Kaaba in the picture it’s that tiny black dot ok
black dot ok
black dot ok that tiny tiny black dot in the center
that tiny tiny black dot in the center
that tiny tiny black dot in the center is the Kaaba the building next to it
is the Kaaba the building next to it
is the Kaaba the building next to it with the clock tower which is maybe a
with the clock tower which is maybe a
with the clock tower which is maybe a billion times bigger okay is a hotel for
billion times bigger okay is a hotel for
billion times bigger okay is a hotel for rich people who are going to pray okay
rich people who are going to pray okay
rich people who are going to pray okay now what does this image signify it
now what does this image signify it
now what does this image signify it signifies that what’s happening now is
signifies that what’s happening now is
signifies that what’s happening now is that we’re reaching a point where
that we’re reaching a point where
that we’re reaching a point where there’s a lot of overlap in how people
there’s a lot of overlap in how people
there’s a lot of overlap in how people feel towards their religions and how
feel towards their religions and how
feel towards their religions and how people feel towards their products that
people feel towards their products that
people feel towards their products that they are receiving and why is this
they are receiving and why is this
they are receiving and why is this happening because we’ve reached a point
happening because we’ve reached a point
happening because we’ve reached a point and are in the world where we are almost
and are in the world where we are almost
and are in the world where we are almost unable to think for ourselves we’re told
unable to think for ourselves we’re told
unable to think for ourselves we’re told what they think we see this picture and
what they think we see this picture and
what they think we see this picture and we say wow this is amazing and then you
we say wow this is amazing and then you
we say wow this is amazing and then you realize that what’s amazing about it is
realize that what’s amazing about it is
realize that what’s amazing about it is that little black dot that’s what’s
that little black dot that’s what’s
that little black dot that’s what’s amazing the rest is just a hotel okay
amazing the rest is just a hotel okay
amazing the rest is just a hotel okay but they have become so close together
but they have become so close together
but they have become so close together that we can barely separate them so I
that we can barely separate them so I
that we can barely separate them so I was in Egypt a couple of years ago and I
was in Egypt a couple of years ago and I
was in Egypt a couple of years ago and I was pushing the startup scene and I was
was pushing the startup scene and I was
was pushing the startup scene and I was very excited about it and this is called
very excited about it and this is called
very excited about it and this is called the Greek campus in Egypt remember Egypt
the Greek campus in Egypt remember Egypt
the Greek campus in Egypt remember Egypt is 90 million people of which I think 80
is 90 million people of which I think 80
is 90 million people of which I think 80 million are at poverty or 70 million at
million are at poverty or 70 million at
million are at poverty or 70 million at poverty its massive poverty this is a
poverty its massive poverty this is a
poverty its massive poverty this is a Greek campus night nice poof’s
Greek campus night nice poof’s
Greek campus night nice poof’s everybody’s chilling we’re doing a
everybody’s chilling we’re doing a
everybody’s chilling we’re doing a startup conference so on and I decided
startup conference so on and I decided
startup conference so on and I decided to take a break to go outside of the
to take a break to go outside of the
to take a break to go outside of the campus right behind those trees and I
campus right behind those trees and I
campus right behind those trees and I didn’t have a picture so this is a
didn’t have a picture so this is a
didn’t have a picture so this is a simulation but it was a lot worse than
simulation but it was a lot worse than
simulation but it was a lot worse than what you’re gonna see now I walked into
what you’re gonna see now I walked into
what you’re gonna see now I walked into this this was literally outside I went
this this was literally outside I went
this this was literally outside I went from this to this okay and I was
from this to this okay and I was
from this to this okay and I was completely shocked I was taken aback
completely shocked I was taken aback
completely shocked I was taken aback because I was in Egypt to convince the
because I was in Egypt to convince the
because I was in Egypt to convince the world and my opinion because I want to
world and my opinion because I want to
world and my opinion because I want to change the world that entrepreneurship
change the world that entrepreneurship
change the world that entrepreneurship is going to save us okay and we’re all
is going to save us okay and we’re all
is going to save us okay and we’re all going to be entrepreneurs and we’re
going to be entrepreneurs and we’re
going to be entrepreneurs and we’re going to be successful and we’re gonna
going to be successful and we’re gonna
going to be successful and we’re gonna change the world and so on and then I
change the world and so on and then I
change the world and so on and then I walk out and I’m like I have so much
walk out and I’m like I have so much
walk out and I’m like I have so much work to do ok like how am I
work to do ok like how am I
work to do ok like how am I going to reach all these people and not
going to reach all these people and not
going to reach all these people and not only that I realized that I had a very
only that I realized that I had a very
only that I realized that I had a very difficult
difficult
difficult very very difficult pitch to make
very very difficult pitch to make
very very difficult pitch to make because I could pitch people that they
because I could pitch people that they
because I could pitch people that they could become unicorns that they could be
could become unicorns that they could be
could become unicorns that they could be wildly successful but how do I pitch to
wildly successful but how do I pitch to
wildly successful but how do I pitch to someone something that is statistically
someone something that is statistically
someone something that is statistically difficult to prove and requires a lot of
difficult to prove and requires a lot of
difficult to prove and requires a lot of hard work when the alternative just like
hard work when the alternative just like
hard work when the alternative just like any religion in the world the
any religion in the world the
any religion in the world the alternative is if you do XYZ you’re
alternative is if you do XYZ you’re
alternative is if you do XYZ you’re going to go to heaven and the problem
going to go to heaven and the problem
going to go to heaven and the problem with heaven I mean we’re all going
with heaven I mean we’re all going
with heaven I mean we’re all going either to hell or heaven but the problem
either to hell or heaven but the problem
either to hell or heaven but the problem with hell and heaven is that nobody ever
with hell and heaven is that nobody ever
with hell and heaven is that nobody ever came back and said it wasn’t what I
came back and said it wasn’t what I
came back and said it wasn’t what I expected ok nobody gets the chance to
expected ok nobody gets the chance to
expected ok nobody gets the chance to come back and say hey this isn’t what I
come back and say hey this isn’t what I
come back and say hey this isn’t what I signed up for but an entrepreneurship
signed up for but an entrepreneurship
signed up for but an entrepreneurship people fail and a lot of them result in
people fail and a lot of them result in
people fail and a lot of them result in failed marriages failed relationships
failed marriages failed relationships
failed marriages failed relationships broken families so on and people get up
broken families so on and people get up
broken families so on and people get up and say this is not what I expected it’s
and say this is not what I expected it’s
and say this is not what I expected it’s not what I signed up for so how do you
not what I signed up for so how do you
not what I signed up for so how do you convince the masses of people that there
convince the masses of people that there
convince the masses of people that there is an alternative to just poverty how do
is an alternative to just poverty how do
is an alternative to just poverty how do you get them out of that and not by
you get them out of that and not by
you get them out of that and not by convincing them to be entrepreneurs so I
convincing them to be entrepreneurs so I
convincing them to be entrepreneurs so I started digging a little more and I
started digging a little more and I
started digging a little more and I realized there was something happening
realized there was something happening
realized there was something happening in 1982 this is from the US but it’s
in 1982 this is from the US but it’s
in 1982 this is from the US but it’s representative of the entire world 1982
representative of the entire world 1982
representative of the entire world 1982 productivity and real wages diverged by
productivity and real wages diverged by
productivity and real wages diverged by 2006 people were working twice as hard
2006 people were working twice as hard
2006 people were working twice as hard and making less money than in 1982 okay
and making less money than in 1982 okay
and making less money than in 1982 okay so all of you are effectively working
so all of you are effectively working
so all of you are effectively working harder to make less money and the funny
harder to make less money and the funny
harder to make less money and the funny thing is that in entrepreneurship and
thing is that in entrepreneurship and
thing is that in entrepreneurship and anyone who’s an entrepreneur here is
anyone who’s an entrepreneur here is
anyone who’s an entrepreneur here is knows this you’re expected to work 16
knows this you’re expected to work 16
knows this you’re expected to work 16 hours a day you’re expected to kill
hours a day you’re expected to kill
hours a day you’re expected to kill yourself for this company or whoever
yourself for this company or whoever
yourself for this company or whoever you’re working for because that’s how
you’re working for because that’s how
you’re working for because that’s how you’re going to succeed the dream is
you’re going to succeed the dream is
you’re going to succeed the dream is what’s driving you but only one in a
what’s driving you but only one in a
what’s driving you but only one in a million make it so this is basically
million make it so this is basically
million make it so this is basically telling us that there’s something broken
telling us that there’s something broken
telling us that there’s something broken with this culture that we’ve reached a
with this culture that we’ve reached a
with this culture that we’ve reached a point where we
point where we
point where we we are a lot more obsessed with
we are a lot more obsessed with
we are a lot more obsessed with achieving with the end then we are with
achieving with the end then we are with
achieving with the end then we are with the means so we effectively are buddies
the means so we effectively are buddies
the means so we effectively are buddies with iron round all of us for more
with iron round all of us for more
with iron round all of us for more accepts with hot with getting there than
accepts with hot with getting there than
accepts with hot with getting there than how we’re getting there and this is what
how we’re getting there and this is what
how we’re getting there and this is what happens
this isn’t a bad thing okay I’m not
this isn’t a bad thing okay I’m not taking a political I’m not making a
taking a political I’m not making a
taking a political I’m not making a political statement this is an anomaly
political statement this is an anomaly
political statement this is an anomaly okay nobody in their right mind thought
okay nobody in their right mind thought
okay nobody in their right mind thought this would happen okay and it did and
this would happen okay and it did and
this would happen okay and it did and why did it happen because people are
why did it happen because people are
why did it happen because people are waking up okay they’re beginning to
waking up okay they’re beginning to
waking up okay they’re beginning to realize that I’m working twice as much
realize that I’m working twice as much
realize that I’m working twice as much and making half as much this doesn’t
and making half as much this doesn’t
and making half as much this doesn’t make any sense and when people wake up
they realize that there’s something
they realize that there’s something wrong okay they realize that what we’ve
wrong okay they realize that what we’ve
wrong okay they realize that what we’ve what what we believe are the superheroes
what what we believe are the superheroes
what what we believe are the superheroes of the future the Elon Musk’s the Marvel
of the future the Elon Musk’s the Marvel
of the future the Elon Musk’s the Marvel Comics I’m sure all of you have seen a
Comics I’m sure all of you have seen a
Comics I’m sure all of you have seen a marker Marvel comic in the last year we
marker Marvel comic in the last year we
marker Marvel comic in the last year we are aspiring to be heroes to be
are aspiring to be heroes to be
are aspiring to be heroes to be superheroes whereas in reality when it
superheroes whereas in reality when it
superheroes whereas in reality when it aspire to be human not superheroes and
aspire to be human not superheroes and
aspire to be human not superheroes and what you see here this pyramid is
what you see here this pyramid is
what you see here this pyramid is effectively the startups that are
effectively the startups that are
effectively the startups that are unicorns I think or have become unicorns
unicorns I think or have become unicorns
unicorns I think or have become unicorns in the last ten years these are the only
in the last ten years these are the only
in the last ten years these are the only companies that made it to the unicorn
companies that made it to the unicorn
companies that made it to the unicorn stage and if anyone can tell it well
stage and if anyone can tell it well
stage and if anyone can tell it well it’s a Bernie Madoff I don’t know if you
it’s a Bernie Madoff I don’t know if you
it’s a Bernie Madoff I don’t know if you know this guy ok this guy managed to
know this guy ok this guy managed to
know this guy ok this guy managed to convince the world that if he takes
convince the world that if he takes
convince the world that if he takes money from them and gives them twenty
money from them and gives them twenty
money from them and gives them twenty percent year-on-year that twenty percent
percent year-on-year that twenty percent
percent year-on-year that twenty percent is going to keep on growing no matter
is going to keep on growing no matter
is going to keep on growing no matter how the math didn’t make sense so he
how the math didn’t make sense so he
how the math didn’t make sense so he managed to convince thousands of people
managed to convince thousands of people
managed to convince thousands of people to put all of their life savings into
to put all of their life savings into
to put all of their life savings into his bank accounts and then he basically
his bank accounts and then he basically
his bank accounts and then he basically gave them returns that didn’t exist they
gave them returns that didn’t exist they
gave them returns that didn’t exist they were just returns on paper and when
were just returns on paper and when
were just returns on paper and when somebody came and said hey I want my
somebody came and said hey I want my
somebody came and said hey I want my money he’s like oh well that’s not going
money he’s like oh well that’s not going
money he’s like oh well that’s not going to work so I’m not saying these are
to work so I’m not saying these are
to work so I’m not saying these are effectively pyramid schemes but a
effectively pyramid schemes but a
effectively pyramid schemes but a start-up if you really think about it
start-up if you really think about it
start-up if you really think about it there’s one or two people that get
there’s one or two people that get
there’s one or two people that get twenty thirty percent and five or ten
twenty thirty percent and five or ten
twenty thirty percent and five or ten people that get two to three percent
people that get two to three percent
people that get two to three percent then 10 to 100 people that get one
then 10 to 100 people that get one
then 10 to 100 people that get one percent and then the rest get 0.001
percent and then the rest get 0.001
percent and then the rest get 0.001 percent how is that any different from a
percent how is that any different from a
percent how is that any different from a pyramid scheme
pyramid scheme
pyramid scheme so effectively we are all striving to
so effectively we are all striving to
so effectively we are all striving to create pyramid schemes okay and this has
create pyramid schemes okay and this has
create pyramid schemes okay and this has become the culture of the world so there
become the culture of the world so there
become the culture of the world so there I was thinking and thinking and thinking
I was thinking and thinking and thinking
I was thinking and thinking and thinking and this has been just two weeks of hell
and this has been just two weeks of hell
and this has been just two weeks of hell okay and I came to the conclusion that
what’s missing in the world isn’t
what’s missing in the world isn’t entrepreneurs and self success and
entrepreneurs and self success and
entrepreneurs and self success and self-interest it’s critical thinking
self-interest it’s critical thinking
self-interest it’s critical thinking okay how do you elect Donald Trump with
okay how do you elect Donald Trump with
okay how do you elect Donald Trump with critical thinking it’s just not possible
critical thinking it’s just not possible
critical thinking it’s just not possible ok so the US has 350 to 400 million
ok so the US has 350 to 400 million
ok so the US has 350 to 400 million people okay fifty percent of them who
people okay fifty percent of them who
people okay fifty percent of them who could vote we’re not thinking critically
could vote we’re not thinking critically
could vote we’re not thinking critically and I’m not sure about Clinton being a
and I’m not sure about Clinton being a
and I’m not sure about Clinton being a good alternative but like at least fifty
good alternative but like at least fifty
good alternative but like at least fifty percent let’s not say a hundred percent
percent let’s not say a hundred percent
percent let’s not say a hundred percent fifty percent were not using critical
fifty percent were not using critical
fifty percent were not using critical thinking okay why I still don’t know I
thinking okay why I still don’t know I
thinking okay why I still don’t know I think there’s just so many different
think there’s just so many different
think there’s just so many different factors but what this has taught me in
factors but what this has taught me in
factors but what this has taught me in the past two weeks is that I’m getting
the past two weeks is that I’m getting
the past two weeks is that I’m getting out of entrepreneurship okay I can’t do
out of entrepreneurship okay I can’t do
out of entrepreneurship okay I can’t do it anymore I’m moving into education
it anymore I’m moving into education
it anymore I’m moving into education okay so
okay so
okay so [Applause]
[Applause]
[Applause] right this is the name of my new venture
right this is the name of my new venture
right this is the name of my new venture which I came up with two days ago okay
which I came up with two days ago okay
which I came up with two days ago okay and it means two things in Indian in
and it means two things in Indian in
and it means two things in Indian in Sanskrit I think it means it refers to
Sanskrit I think it means it refers to
Sanskrit I think it means it refers to one of the four I’m very bad with the
one of the four I’m very bad with the
one of the four I’m very bad with the names followers of the Buddha Hindu
names followers of the Buddha Hindu
names followers of the Buddha Hindu person sorry i’m not good with this
person sorry i’m not good with this
person sorry i’m not good with this stuff but one of them okay effectively
stuff but one of them okay effectively
stuff but one of them okay effectively goes around in the spiritual and
goes around in the spiritual and
goes around in the spiritual and physical realms teaching okay and in
physical realms teaching okay and in
physical realms teaching okay and in japanese it means bring to the center so
japanese it means bring to the center so
japanese it means bring to the center so when you look at these two different
when you look at these two different
when you look at these two different perspectives from two widely different
perspectives from two widely different
perspectives from two widely different cultures and you bring them together I
cultures and you bring them together I
cultures and you bring them together I want to teach people to come to the
want to teach people to come to the
want to teach people to come to the center and I’m hoping I can do that
center and I’m hoping I can do that
center and I’m hoping I can do that without creating another startup okay
without creating another startup okay
without creating another startup okay and hopefully I’ll be back in the next
and hopefully I’ll be back in the next
and hopefully I’ll be back in the next few years and i’ll tell you that story
few years and i’ll tell you that story
few years and i’ll tell you that story thank
”
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