I’m here to speak about success we’re more often than not measured by success
more often than not measured by success
more often than not measured by success in things that we do what if we were
in things that we do what if we were
in things that we do what if we were able to put near certainty be able to
able to put near certainty be able to
able to put near certainty be able to measure how successful going to be in
measure how successful going to be in
measure how successful going to be in any business that you want to start in
any business that you want to start in
any business that you want to start in any relationship and in anything that
any relationship and in anything that
any relationship and in anything that you want to do in life moreover what if
you want to do in life moreover what if
you want to do in life moreover what if we were able to induce behavioural
we were able to induce behavioural
we were able to induce behavioural changes by high credence by simply
changes by high credence by simply
changes by high credence by simply giving you more information
what’s success very simple actually
what’s success very simple actually individual capacities rewards and time
when you’re aware about types of
when you’re aware about types of individual capacities you have what type
individual capacities you have what type
individual capacities you have what type of a reward that you’re seeking time to
of a reward that you’re seeking time to
of a reward that you’re seeking time to success is very short when you’re unsure
success is very short when you’re unsure
success is very short when you’re unsure about the composition of your capacities
about the composition of your capacities
about the composition of your capacities of your rewards when you’re uncertain
of your rewards when you’re uncertain
of your rewards when you’re uncertain time to success is elongates
so why is that why it’s pretty basic and
so why is that why it’s pretty basic and the fundamental element of this is we
the fundamental element of this is we
the fundamental element of this is we need to look into biology of a human
need to look into biology of a human
need to look into biology of a human what drives a human being and there are
what drives a human being and there are
what drives a human being and there are fundamental principles ingrained in our
fundamental principles ingrained in our
fundamental principles ingrained in our survival that actually force an action
from early in the civilization in a
from early in the civilization in a primitive form food water shelter these
primitive form food water shelter these
primitive form food water shelter these are those fundamental resources that
are those fundamental resources that
are those fundamental resources that without a without a person will not
without a without a person will not
without a without a person will not survive
survive
survive so the survival this particular
so the survival this particular
so the survival this particular disposition forces an action that is
through evolution as we went from
through evolution as we went from primitive to modern civilization we
primitive to modern civilization we
primitive to modern civilization we acquired three different types of
acquired three different types of
acquired three different types of capacities we’ve acquired intellectual
capacities we’ve acquired intellectual
capacities we’ve acquired intellectual capacity we’ve acquired financial
capacity we’ve acquired financial
capacity we’ve acquired financial capacity and we required network
capacity and we required network
capacity and we required network capacity and what does this mean when it
capacity and what does this mean when it
capacity and what does this mean when it comes to intellectual capacity
comes to intellectual capacity
comes to intellectual capacity essentially it’s the general knowledge
essentially it’s the general knowledge
essentially it’s the general knowledge base that we have it’s the ability to
base that we have it’s the ability to
base that we have it’s the ability to assess its ability to plan its ability
assess its ability to plan its ability
assess its ability to plan its ability to execute what about financial capacity
to execute what about financial capacity
to execute what about financial capacity it’s all of the assets that you have
it’s all of the assets that you have
it’s all of the assets that you have investment savings you name it network
investment savings you name it network
investment savings you name it network capacity is pretty tricky because most
capacity is pretty tricky because most
capacity is pretty tricky because most of the time we ignore it and it sounds
of the time we ignore it and it sounds
of the time we ignore it and it sounds very simple yet it’s very complex one of
very simple yet it’s very complex one of
very simple yet it’s very complex one of the key ingredients of network capacity
the key ingredients of network capacity
the key ingredients of network capacity is reciprocal relationships and the key
is reciprocal relationships and the key
is reciprocal relationships and the key is reciprocal relationships and also
is reciprocal relationships and also
is reciprocal relationships and also formal systems Association and that
formal systems Association and that
formal systems Association and that means your interaction for instance your
means your interaction for instance your
means your interaction for instance your citizenship by the country is part of
citizenship by the country is part of
citizenship by the country is part of your network capacity the fact that you
your network capacity the fact that you
your network capacity the fact that you are attending Y as Y L CMU is also part
are attending Y as Y L CMU is also part
are attending Y as Y L CMU is also part of your intellectual your network
of your intellectual your network
of your intellectual your network capacity
which one of these capacities is most
which one of these capacities is most important intellectual capacity
important intellectual capacity
important intellectual capacity financial capacity network capacity we
financial capacity network capacity we
financial capacity network capacity we tend to think it’s the intellectual
tend to think it’s the intellectual
tend to think it’s the intellectual capacity or I’ve learned in this place
capacity or I’ve learned in this place
capacity or I’ve learned in this place financial capacity what about network
financial capacity what about network
financial capacity what about network capacity let’s look at it the following
capacity let’s look at it the following
capacity let’s look at it the following way if humans did not belong to families
way if humans did not belong to families
way if humans did not belong to families or groups early human survival would
or groups early human survival would
or groups early human survival would have been questionable because there
have been questionable because there
have been questionable because there were a lot larger predators out there
families determine our fates
families determine our fates more so than we would like to
are you more talented than Picasso’s and
are you more talented than Picasso’s and Mozart or what we were just showing in
Mozart or what we were just showing in
Mozart or what we were just showing in this beautiful artwork here it really
this beautiful artwork here it really
this beautiful artwork here it really depends actually if you’re if you’re
depends actually if you’re if you’re
depends actually if you’re if you’re born when you’re first born
born when you’re first born
born when you’re first born regardless of how incredible the DNA you
regardless of how incredible the DNA you
regardless of how incredible the DNA you have how big your brain is even if you
have how big your brain is even if you
have how big your brain is even if you have a trillion dollars stashed under
have a trillion dollars stashed under
have a trillion dollars stashed under your name someplace if you don’t have a
your name someplace if you don’t have a
your name someplace if you don’t have a parent or a guardian to give you the
parent or a guardian to give you the
parent or a guardian to give you the food the water the shelter no way for
food the water the shelter no way for
food the water the shelter no way for you to survive really doesn’t matter so
you to survive really doesn’t matter so
you to survive really doesn’t matter so that initial support system comes from
that initial support system comes from
that initial support system comes from network capacity and if your caretakers
network capacity and if your caretakers
network capacity and if your caretakers don’t have the means for you to have
paintbrushes to try to become the next
paintbrushes to try to become the next Picasso the instruments for you to be
Picasso the instruments for you to be
Picasso the instruments for you to be able to play to practice to become the
able to play to practice to become the
able to play to practice to become the next Mozart if they don’t have the
next Mozart if they don’t have the
next Mozart if they don’t have the networking capacity themselves for
networking capacity themselves for
networking capacity themselves for others to see your talents and through
others to see your talents and through
others to see your talents and through them for them to appreciate your talents
them for them to appreciate your talents
them for them to appreciate your talents and take you forward it’s very
and take you forward it’s very
and take you forward it’s very challenging for any individual to break
challenging for any individual to break
challenging for any individual to break through so your fate is really in your
through so your fate is really in your
through so your fate is really in your family’s hands early on if no one knows
family’s hands early on if no one knows
family’s hands early on if no one knows that you exist it really doesn’t matter
that you exist it really doesn’t matter
that you exist it really doesn’t matter how much of a talent you have there is
how much of a talent you have there is
how much of a talent you have there is no doubt that there were people as
no doubt that there were people as
no doubt that there were people as brilliant if not far more brilliant in
brilliant if not far more brilliant in
brilliant if not far more brilliant in hundred and seven billion people that
hundred and seven billion people that
hundred and seven billion people that lived on the planet to date but
lived on the planet to date but
lived on the planet to date but we’ve never heard of them and largely
we’ve never heard of them and largely
we’ve never heard of them and largely because they didn’t have the proper
because they didn’t have the proper
because they didn’t have the proper network capacity
but network capacity by itself is not a
but network capacity by itself is not a solution
solution
solution you still need the intellectual capacity
you still need the intellectual capacity
you still need the intellectual capacity followed by financial capacity for you
followed by financial capacity for you
followed by financial capacity for you to be able to grow to expand to advance
to be able to grow to expand to advance
to be able to grow to expand to advance but even these three things there’s
but even these three things there’s
but even these three things there’s still not enough
for you to really reach the level that
for you to really reach the level that you need to reach
a famous author Malcolm Gladwell has
a famous author Malcolm Gladwell has anyone read the book outliers
anyone read the book outliers
anyone read the book outliers oh good very good so he looks at it
oh good very good so he looks at it
oh good very good so he looks at it looks at essentially he says that you
looks at essentially he says that you
looks at essentially he says that you need to be in the right place right time
need to be in the right place right time
need to be in the right place right time plus you would need to have 10,000 hours
plus you would need to have 10,000 hours
plus you would need to have 10,000 hours of practice that’s roughly 10 years
of practice that’s roughly 10 years
of practice that’s roughly 10 years you’re wondering what that means and
you’re wondering what that means and
you’re wondering what that means and he’s actually right about this there
he’s actually right about this there
he’s actually right about this there needs to be some kind of a practicum for
needs to be some kind of a practicum for
needs to be some kind of a practicum for you to reach certain levels of
you to reach certain levels of
you to reach certain levels of understanding to other professors
understanding to other professors
understanding to other professors professor Davison and Arbuckle from
professor Davison and Arbuckle from
professor Davison and Arbuckle from Stanford University
Stanford University
Stanford University they found that the key for
they found that the key for
they found that the key for entrepreneurial success for instance is
entrepreneurial success for instance is
entrepreneurial success for instance is the initial failure and it speaks well
the initial failure and it speaks well
the initial failure and it speaks well to Gladwell’s theory in that you need
to Gladwell’s theory in that you need
to Gladwell’s theory in that you need those 10,000 hours for you to during
those 10,000 hours for you to during
those 10,000 hours for you to during those 10,000 hours you’re going to have
those 10,000 hours you’re going to have
those 10,000 hours you’re going to have a bunch of faulty starts failures but
a bunch of faulty starts failures but
a bunch of faulty starts failures but then eventually you’re going to create
then eventually you’re going to create
then eventually you’re going to create that knowledge base that is required for
that knowledge base that is required for
that knowledge base that is required for you to move forward
are we genetically privileged or are
are we genetically privileged or are those successful people genetically
those successful people genetically
those successful people genetically privileged
privileged
privileged they’re not even super human it’s
they’re not even super human it’s
they’re not even super human it’s actually very simple what they do there
actually very simple what they do there
actually very simple what they do there is the fourth capacity it speaks about
is the fourth capacity it speaks about
is the fourth capacity it speaks about individuals intent what you will do and
individuals intent what you will do and
individuals intent what you will do and why you will do that we call it the core
why you will do that we call it the core
why you will do that we call it the core capacity essentially what this means is
capacity essentially what this means is
capacity essentially what this means is the following it’s a function a simple
the following it’s a function a simple
the following it’s a function a simple function of my abilities I’m starting
function of my abilities I’m starting
function of my abilities I’m starting something over required abilities of
something over required abilities of
something over required abilities of whatever it is that you’re going to do
whatever it is that you’re going to do
whatever it is that you’re going to do actual rewards that will come out from
actual rewards that will come out from
actual rewards that will come out from that exercise and my expected rewards
that exercise and my expected rewards
that exercise and my expected rewards over time simplify is a set of abilities
over time simplify is a set of abilities
over time simplify is a set of abilities sort of rewards over time time is
sort of rewards over time time is
sort of rewards over time time is important time is important because
important time is important because
important time is important because everything can change think of a
everything can change think of a
everything can change think of a scenario when you have an activity
scenario when you have an activity
scenario when you have an activity that’s gonna happen tomorrow and it’s
that’s gonna happen tomorrow and it’s
that’s gonna happen tomorrow and it’s going to produce thousand dollars for
going to produce thousand dollars for
going to produce thousand dollars for you and you’re excited and you know for
you and you’re excited and you know for
you and you’re excited and you know for a fact that it’s going to produce
a fact that it’s going to produce
a fact that it’s going to produce thousand dollars for you and then
thousand dollars for you and then
thousand dollars for you and then fortunately there are unfortunately
fortunately there are unfortunately
fortunately there are unfortunately tonight you’re going to hit a one
tonight you’re going to hit a one
tonight you’re going to hit a one hundred million dollar lottery and your
hundred million dollar lottery and your
hundred million dollar lottery and your interest about this activity that is
interest about this activity that is
interest about this activity that is tomorrow four thousand dollars
tomorrow four thousand dollars
tomorrow four thousand dollars diminishes significantly if does not
diminishes significantly if does not
diminishes significantly if does not completely disappear you’re no longer
completely disappear you’re no longer
completely disappear you’re no longer interested at least not interested the
interested at least not interested the
interested at least not interested the same ways let me give you another
same ways let me give you another
same ways let me give you another example bakery because I like to eat and
example bakery because I like to eat and
example bakery because I like to eat and in our meaning you find all this
in our meaning you find all this
in our meaning you find all this incredible bakeries or actually the food
incredible bakeries or actually the food
incredible bakeries or actually the food tastes like food so I wanted to speak
tastes like food so I wanted to speak
tastes like food so I wanted to speak about bakery think of a moment when you
about bakery think of a moment when you
about bakery think of a moment when you want to start a bakery and you have the
want to start a bakery and you have the
want to start a bakery and you have the intellectual capacity you have a unique
intellectual capacity you have a unique
intellectual capacity you have a unique recipe and you have the funds for you to
recipe and you have the funds for you to
recipe and you have the funds for you to develop this bakery you also have the
develop this bakery you also have the
develop this bakery you also have the location where all of these people will
location where all of these people will
location where all of these people will come and purchase your baked goods and
come and purchase your baked goods and
come and purchase your baked goods and here is the key
the rewards from the business and you’re
the rewards from the business and you’re expected rewards match and let me show
expected rewards match and let me show
expected rewards match and let me show you what I mean by this in order for
you what I mean by this in order for
you what I mean by this in order for this business to be successful
this business to be successful
this business to be successful regardless who’s doing this does not
regardless who’s doing this does not
regardless who’s doing this does not matter who is doing this there needs to
matter who is doing this there needs to
matter who is doing this there needs to be a need for this goods that you’re
be a need for this goods that you’re
be a need for this goods that you’re going to bake and let’s say it’s going
going to bake and let’s say it’s going
going to bake and let’s say it’s going to generate ten thousand dollars in that
to generate ten thousand dollars in that
to generate ten thousand dollars in that monthly income it doesn’t matter again
monthly income it doesn’t matter again
monthly income it doesn’t matter again who’s doing this there is a need for
who’s doing this there is a need for
who’s doing this there is a need for this business the second part of it is
you have the abilities to build that
you have the abilities to build that bakery produce the goods and sell them
bakery produce the goods and sell them
bakery produce the goods and sell them you’ve met the second criteria
the third criteria you’re completely
the third criteria you’re completely satisfied with this because you yourself
satisfied with this because you yourself
satisfied with this because you yourself wanted to make ten thousand dollars in
wanted to make ten thousand dollars in
wanted to make ten thousand dollars in net income this is recipe for success
net income this is recipe for success
net income this is recipe for success what if we change only one thing here we
what if we change only one thing here we
what if we change only one thing here we change from you expecting ten thousand
change from you expecting ten thousand
change from you expecting ten thousand dollars a monthly net income to one
dollars a monthly net income to one
dollars a monthly net income to one hundred thousand net monthly income this
hundred thousand net monthly income this
hundred thousand net monthly income this one adjustment changes everything
one adjustment changes everything
one adjustment changes everything because bullets one and two will make
because bullets one and two will make
because bullets one and two will make that business will make that business
that business will make that business
that business will make that business will make that business successful but
will make that business successful but
will make that business successful but not you the business will be successful
not you the business will be successful
not you the business will be successful you will not be which means
if there is an alignment of your core
if there is an alignment of your core capacity with that of whatever that
capacity with that of whatever that
capacity with that of whatever that business will produce that alignment
business will produce that alignment
business will produce that alignment leads to success if there is no
leads to success if there is no
leads to success if there is no alignment the chances of success
alignment the chances of success
alignment the chances of success diminishes and diminishes significantly
another example to simplify it even
another example to simplify it even further everyone is familiar with the
further everyone is familiar with the
further everyone is familiar with the light bulb this thing that right in my
light bulb this thing that right in my
light bulb this thing that right in my eye
eye
eye that one and it’s makes it’s very hot
that one and it’s makes it’s very hot
that one and it’s makes it’s very hot something needs to be done about these
something needs to be done about these
something needs to be done about these lines when we survey whether people can
lines when we survey whether people can
lines when we survey whether people can change the light bulb and it takes one
change the light bulb and it takes one
change the light bulb and it takes one thing to do you need to unscrew and then
thing to do you need to unscrew and then
thing to do you need to unscrew and then you need to screw
screw intellectual capacity apes will
screw intellectual capacity apes will not be able to do it
not be able to do it
not be able to do it intellectual capacity necessary for the
intellectual capacity necessary for the
intellectual capacity necessary for the success of light bulb change now the
success of light bulb change now the
success of light bulb change now the question is the following when we survey
question is the following when we survey
question is the following when we survey most almost hundred percent of ordinary
most almost hundred percent of ordinary
most almost hundred percent of ordinary adults know how to unscrew and screw
adults know how to unscrew and screw
adults know how to unscrew and screw which is pretty significant yet we don’t
which is pretty significant yet we don’t
which is pretty significant yet we don’t see all these adults rushing out on the
see all these adults rushing out on the
see all these adults rushing out on the streets changing light bulbs and you say
streets changing light bulbs and you say
streets changing light bulbs and you say what if we put a reward behind it what
what if we put a reward behind it what
what if we put a reward behind it what if the reward is a whole penny how many
if the reward is a whole penny how many
if the reward is a whole penny how many of you would want to go and unscrew and
of you would want to go and unscrew and
of you would want to go and unscrew and you know how to do it everyone knows how
you know how to do it everyone knows how
you know how to do it everyone knows how to ask right good very intelligent
to ask right good very intelligent
to ask right good very intelligent community
one penny an hour for you to screw ins
one penny an hour for you to screw ins no takers
no takers
no takers how about a $1 an hour hundred woohoo
how about a $1 an hour hundred woohoo
how about a $1 an hour hundred woohoo okay okay okay ten thousand dollars an
okay okay okay ten thousand dollars an
okay okay okay ten thousand dollars an hour hundred thousand dollars an hour
hour hundred thousand dollars an hour
hour hundred thousand dollars an hour this will solve all of your issues the
this will solve all of your issues the
this will solve all of your issues the only thing you need to do for an hour is
if you’re not doing it please get out of
if you’re not doing it please get out of this room right now now the question is
this room right now now the question is
this room right now now the question is whether someone like Bill Gates will do
whether someone like Bill Gates will do
whether someone like Bill Gates will do it there by some estimates he makes a
it there by some estimates he makes a
it there by some estimates he makes a hundred and thirty dollars per second it
hundred and thirty dollars per second it
hundred and thirty dollars per second it literally does not worth for him to bend
literally does not worth for him to bend
literally does not worth for him to bend over to pick up a hundred-dollar bill
over to pick up a hundred-dollar bill
over to pick up a hundred-dollar bill because it takes more than a second
he makes nearly four hundred seventy
he makes nearly four hundred seventy thousand dollars an hour this is silly
thousand dollars an hour this is silly
thousand dollars an hour this is silly will make your life this is silly for
will make your life this is silly for
will make your life this is silly for him he may still do it
if he may gain in intellectual capacity
if he may gain in intellectual capacity which he can over time translate into
which he can over time translate into
which he can over time translate into bigger financial capacity and then maybe
bigger financial capacity and then maybe
bigger financial capacity and then maybe he’ll yawn as he walks by and steps on a
he’ll yawn as he walks by and steps on a
he’ll yawn as he walks by and steps on a million dollar Treasury bill so you see
million dollar Treasury bill so you see
million dollar Treasury bill so you see when your core capacity is aligned or
when your core capacity is aligned or
when your core capacity is aligned or misaligned the action is either expected
misaligned the action is either expected
misaligned the action is either expected or not most well rushed for 100,000 but
or not most well rushed for 100,000 but
or not most well rushed for 100,000 but some still because reward is not aligned
we need to drink
we need to drink hopefully more more times water than
hopefully more more times water than
hopefully more more times water than anything else and we need shelter when
anything else and we need shelter when
anything else and we need shelter when we don’t have any of these things and
we don’t have any of these things and
we don’t have any of these things and all of these things are scarce it’s very
all of these things are scarce it’s very
all of these things are scarce it’s very important not to confuse having access
important not to confuse having access
important not to confuse having access to something to that scarce versus not
to something to that scarce versus not
to something to that scarce versus not having that item or having that atom in
having that item or having that atom in
having that item or having that atom in abundance for instance oxygen is
abundance for instance oxygen is
abundance for instance oxygen is abundant no one needs to buy it
abundant no one needs to buy it
abundant no one needs to buy it no one is to stand in line for it
no one is to stand in line for it
no one is to stand in line for it at least in the current world god knows
at least in the current world god knows
at least in the current world god knows what we will do to this world but in the
what we will do to this world but in the
what we will do to this world but in the current form it’s the only abundant
current form it’s the only abundant
current form it’s the only abundant resource that we require everything else
resource that we require everything else
resource that we require everything else is actually in a scarce form when
is actually in a scarce form when
is actually in a scarce form when something is in scarce form it brings
something is in scarce form it brings
something is in scarce form it brings agony and chaos into your life and I
agony and chaos into your life and I
agony and chaos into your life and I mean think of you’ve had you’ve had
mean think of you’ve had you’ve had
mean think of you’ve had you’ve had moments when you’re thirsty and you need
moments when you’re thirsty and you need
moments when you’re thirsty and you need that water you’ve had moments where
that water you’ve had moments where
that water you’ve had moments where you’re starving you need to eat or
you’re starving you need to eat or
you’re starving you need to eat or you’ve been overly cold or you’ve been
you’ve been overly cold or you’ve been
you’ve been overly cold or you’ve been overly hot but you’re still fine because
overly hot but you’re still fine because
overly hot but you’re still fine because you have access to this so many people
you have access to this so many people
you have access to this so many people don’t actually but at least people in
don’t actually but at least people in
don’t actually but at least people in this room hopefully many of you had
this room hopefully many of you had
this room hopefully many of you had access to that so it’s it’s this
access to that so it’s it’s this
access to that so it’s it’s this condition and it’s a very important
condition and it’s a very important
condition and it’s a very important element this disposition that drives a
element this disposition that drives a
element this disposition that drives a lot of our actions because what we’re
lot of our actions because what we’re
lot of our actions because what we’re trying to do in the modern in the modern
trying to do in the modern in the modern
trying to do in the modern in the modern world through these capacities that are
world through these capacities that are
world through these capacities that are displayed we’re trying to create
displayed we’re trying to create
displayed we’re trying to create redundancies to get out
redundancies to get out
redundancies to get out go away from agony and chaos and go into
go away from agony and chaos and go into
go away from agony and chaos and go into abundance into harmony and order what is
abundance into harmony and order what is
abundance into harmony and order what is the point what is the level of that
the point what is the level of that
the point what is the level of that difference it’s actually still unknown
difference it’s actually still unknown
difference it’s actually still unknown some years ago Bill Gates funded there
some years ago Bill Gates funded there
some years ago Bill Gates funded there was a study I think he contributed about
was a study I think he contributed about
was a study I think he contributed about twenty five million dollars to the study
twenty five million dollars to the study
twenty five million dollars to the study or so and I don’t think that study
or so and I don’t think that study
or so and I don’t think that study produced any results but they wanted to
produced any results but they wanted to
produced any results but they wanted to see where do you peak how much resources
see where do you peak how much resources
see where do you peak how much resources do you need to get where you come to a
do you need to get where you come to a
do you need to get where you come to a peak and you say I’m satisfied I’ve
peak and you say I’m satisfied I’ve
peak and you say I’m satisfied I’ve created all the redundancies that I need
created all the redundancies that I need
created all the redundancies that I need I’m never going to worry about agony and
I’m never going to worry about agony and
I’m never going to worry about agony and chaos I’ll always be and you know I’m
chaos I’ll always be and you know I’m
chaos I’ll always be and you know I’m afraid the study did not produce results
afraid the study did not produce results
afraid the study did not produce results because as long as those things are
because as long as those things are
because as long as those things are integral for our survival and therein
integral for our survival and therein
integral for our survival and therein see our city doesn’t matter how much you
see our city doesn’t matter how much you
see our city doesn’t matter how much you make you constantly need to create this
make you constantly need to create this
make you constantly need to create this redundancies because all of these
redundancies because all of these
redundancies because all of these resources could be taken away theft
resources could be taken away theft
resources could be taken away theft natural disasters government
natural disasters government
natural disasters government interference ecological evolution many
interference ecological evolution many
interference ecological evolution many things could happen so I would invite I
things could happen so I would invite I
things could happen so I would invite I would say let’s avoid the noise that
would say let’s avoid the noise that
would say let’s avoid the noise that exists out there that somehow those
exists out there that somehow those
exists out there that somehow those people that are successful they’re
people that are successful they’re
people that are successful they’re genetically privileged individuals there
genetically privileged individuals there
genetically privileged individuals there is no magic to success it’s the right
is no magic to success it’s the right
is no magic to success it’s the right calculus once you do the right check
calculus once you do the right check
calculus once you do the right check with things fall into their places it’s
with things fall into their places it’s
with things fall into their places it’s the only thing you need to worry about
the only thing you need to worry about
the only thing you need to worry about now
what we can do moving forward actually
what we can do moving forward actually is to track quantify this in advance so
is to track quantify this in advance so
is to track quantify this in advance so before we embark on anything that we
before we embark on anything that we
before we embark on anything that we want to do we actually know whether
want to do we actually know whether
want to do we actually know whether we’re going to be successful or not but
we’re going to be successful or not but
we’re going to be successful or not but this is kind of an interesting
this is kind of an interesting
this is kind of an interesting proposition and we’re working on this
proposition and we’re working on this
proposition and we’re working on this they’re not there but I want to say in
they’re not there but I want to say in
they’re not there but I want to say in about 10 years or 15 years when we have
about 10 years or 15 years when we have
about 10 years or 15 years when we have big data on every single individual when
big data on every single individual when
big data on every single individual when through Big Data we know before you even
through Big Data we know before you even
through Big Data we know before you even say anything we know your intellectual
say anything we know your intellectual
say anything we know your intellectual capacities we know it for your financial
capacities we know it for your financial
capacities we know it for your financial capacities we know your network
capacities we know your network
capacities we know your network capacities we know the equilibrium and
capacities we know the equilibrium and
capacities we know the equilibrium and equilibrium which is going to bring you
equilibrium which is going to bring you
equilibrium which is going to bring you to success we know your reward exchanges
to success we know your reward exchanges
to success we know your reward exchanges we know all of this information we can
we know all of this information we can
we know all of this information we can predict your action and sometimes you
predict your action and sometimes you
predict your action and sometimes you will even interfere then I want to speak
will even interfere then I want to speak
will even interfere then I want to speak to you about crime and prison through
to you about crime and prison through
to you about crime and prison through this for able to measure where the
this for able to measure where the
this for able to measure where the threshold is we’re committing the crime
threshold is we’re committing the crime
threshold is we’re committing the crime is cheaper less expensive then if you
is cheaper less expensive then if you
is cheaper less expensive then if you were to get intellectual capacity or
were to get intellectual capacity or
were to get intellectual capacity or financial capacity
we can interfere and do preventive
we can interfere and do preventive mechanisms for instance your criminal
mechanisms for instance your criminal
mechanisms for instance your criminal activity can put you behind bars for ten
activity can put you behind bars for ten
activity can put you behind bars for ten years for instance well there is a lot
years for instance well there is a lot
years for instance well there is a lot of costs associated with that
of costs associated with that
of costs associated with that investigation prosecution court fees
investigation prosecution court fees
investigation prosecution court fees prison fees the fact that for ten years
prison fees the fact that for ten years
prison fees the fact that for ten years a productive force worth was locked in
a productive force worth was locked in
a productive force worth was locked in some kind of a Cell all of these are
some kind of a Cell all of these are
some kind of a Cell all of these are opportunity costs what if this
opportunity costs what if this
opportunity costs what if this opportunity cost we measure is hundred
opportunity cost we measure is hundred
opportunity cost we measure is hundred thousand dollars and we know this in
thousand dollars and we know this in
thousand dollars and we know this in advance and we see that you’re reaching
advance and we see that you’re reaching
advance and we see that you’re reaching that threshold and we know it’s going to
that threshold and we know it’s going to
that threshold and we know it’s going to cost us hundred thousand dollars if you
cost us hundred thousand dollars if you
cost us hundred thousand dollars if you commit a crime and we decide that we’re
commit a crime and we decide that we’re
commit a crime and we decide that we’re going to spend $25,000 on your education
going to spend $25,000 on your education
going to spend $25,000 on your education on getting you a job so you move away
on getting you a job so you move away
on getting you a job so you move away from criminal activities and do some
from criminal activities and do some
from criminal activities and do some things with socially accepted norms
sounds insane
sounds insane improbable today but not impossible for
improbable today but not impossible for
improbable today but not impossible for tomorrow it’s something that could be
tomorrow it’s something that could be
tomorrow it’s something that could be done and would likely get done so
done and would likely get done so
done and would likely get done so takeaways
what we want to take away from here is
what we want to take away from here is several things there’s a calculus that
several things there’s a calculus that
several things there’s a calculus that goes into all of this and it’s our
goes into all of this and it’s our
goes into all of this and it’s our individual capacities with the rewards
individual capacities with the rewards
individual capacities with the rewards that we’re seeking if we know this if we
that we’re seeking if we know this if we
that we’re seeking if we know this if we understand it if we’re applying this
understand it if we’re applying this
understand it if we’re applying this calculus the road to success is easy the
calculus the road to success is easy the
calculus the road to success is easy the excitement of life is there the
excitement of life is there the
excitement of life is there the opportunities that you will create for
opportunities that you will create for
opportunities that you will create for yourself the opportunities that you will
yourself the opportunities that you will
yourself the opportunities that you will create for loved ones for other
create for loved ones for other
create for loved ones for other stakeholders are clear
when you’re moving away from here I
when you’re moving away from here I would say perhaps you can ask yourself a
would say perhaps you can ask yourself a
would say perhaps you can ask yourself a single question what is my purpose when
single question what is my purpose when
single question what is my purpose when you start digging deep to really define
you start digging deep to really define
you start digging deep to really define what your purpose is what is it that
what your purpose is what is it that
what your purpose is what is it that you’re trying to do you want to be the
you’re trying to do you want to be the
you’re trying to do you want to be the smartest you want to be the richest you
smartest you want to be the richest you
smartest you want to be the richest you want to be the most connected
understanding this will open a path for
understanding this will open a path for you that could not be opened by anyone
you that could not be opened by anyone
you that could not be opened by anyone else it will give you a freedom like
else it will give you a freedom like
else it will give you a freedom like nothing else you will no longer
nothing else you will no longer
nothing else you will no longer procrastinate it will no longer stop
procrastinate it will no longer stop
procrastinate it will no longer stop doing things you no longer will
doing things you no longer will
doing things you no longer will enviously look at how others excel the
enviously look at how others excel the
enviously look at how others excel the only things that will concern you how do
only things that will concern you how do
only things that will concern you how do I share the abundance that I create
I share the abundance that I create
I share the abundance that I create thank you very much
thank you very much
thank you very much [Applause]
”
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