Peter Diamandis: Rules For Building A Successful Business (IM 559)

Peter Diamandis  has been named one of “The World’s 50 Greatest Leaders” by Fortune magazine. He is the founder and executive chairman of the XPRIZE Foundation, which leads the world in designing and operating large-scale incentive competitions. He is also the executive founder of Singularity University, a graduate-level Silicon Valley institution that counsels the world’s leaders on exponentially growing technologies. As an entrepreneur, Diamandis has started over 20 companies in the areas of longevity, space, venture capital and education. He is the cofounder and vice chairman of Celularity, Inc., a cellular therapeutics company, and the cofounder of BOLD Capital Partners, a venture fund with $250M investing in exponential technologies.

Some of his rules for building a succefull business are:

 

Rule #1: When given a choice…take both!

Rule #2: “No” simply means begin again at one level higher.

Rule #3: Patience is a virtue, but persistence is a blessing.

Rule #4: The squeaky wheel gets replaced.

Rule #5: The best way to predict the future is to create it yourself.

Rule #6: An expert opinion is not the final word. 

Rule #7: Most breakthroughs begin as a crazy idea.

Rule #8. If it were easy, it would have been done already.

Rule #9: The world’s most precious resource is a passionate mind.

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