Fortune favors the bold.

July 26, 2010 at 9:51 am Leave a comment

by Thomas G. McInerney | adviser and investor in early stage internet companies

Ray Kurzweil maps out an optimistic view of the future with a tremendous amount of data supporting his main thesis — that the rate of innovation is increasing on a geometric scale. This means that innovation is happening faster every day. So yes, there are macro-level concerns about the economy, but there is also a staggering amount of data that supports the case for being an optimist. The data supports the fact that we’ll see more innovation in the next ten years than we’ve seen in the last one hundred years.

If you are an investor or entrepreneur, this is the best time in history to make a fortune and create a better world. There are more opportunities now than there have ever been. Information and data are being democratized in a way that present opportunities for anyone with a computer and an internet connection. Markets are global. You can reach the world with your blog. You can influence politics, voice your opinion. You can even email people like Steve Jobs directly.

There is no time in history like now. So if you’ve run out of ideas, buy gold. But I argue this is the best time to find innovators and invest in the future. Fortune favors the bold.

Source: Why Gold May Be a Bad Investment aka The Case for Being Optimistic

Entry filed under: CEO coach, strategic planning.

Word of mouth matters. What if we raised kids to be entrepreneurs?

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