Lifeboat Foundation

There are as many ways to help another human being as there are people in need of help. For some, the urgent need is as basic as food and water. For others, it is an opportunity to develop a talent, realize an idea, and reach one’s full potential. Helping people get what they need most in life is at the heart of successful philanthropy.

However, you can’t simply give money away without thinking deeply about how and where the money will go and why you’re doing the giving. You need to approach philanthropy in a strategic and systematic way—just as an entrepreneur approaches a new venture. That’s the only way to make a self-sustaining difference in the world. That being said, here are five key ways to achieve sustainable success with your philanthropic efforts.

1. Open a Door
Helping people boost themselves out of poverty is the best way to make a lasting positive difference in a person’s life. A new skill, an introduction, an education—these gifts open doors that would otherwise remain closed. A promising beneficiary will walk through that door and create opportunities for others.

2. Define Your Passion
To have enduring impact, your philanthropic efforts should reflect the causes you are most passionate about. For me, one of those things is education: A good education is the most valuable thing you can give another person. My own philanthropic efforts have always included an educational element, whether it’s expanding opportunities to educate a promising mind or extending the brain’s ability to learn. If you follow your own passions, you’ll increase exponentially your chances of sustainable success.

Continue reading “Naveen Jain — Rethinking Sustainable Philanthropy” »

Common wisdom is that great companies are built by business leaders who out-vision and out-innovate their competitors. However, the truth is that groundbreaking businesses tend to come from entrepreneurs who were smart enough to out-execute everyone else in their space – which means getting products out there and growing a loyal customer base, instead of engineering a product until it’s supposedly perfect.

Microsoft is a great example of company that has succeeded by execution. They’ve rarely been first to market with any of their products, but they’ve successfully brought them to market, figured out how to improve them, and introduce them again and again. This is the approach that puts you in the Fortune 500.

Why do entrepreneurs believe so fervently in the myth that they need to be first to market with a never-before-seen innovation? Because that’s what they’re told in business school. The problem with this piece of wisdom is that it encourages business leaders to wait until the mythical breakthrough business idea is fully formed.

This myth is fed by the public perception of groundbreaking companies as having come out of nowhere to rock the world. But companies like Facebook rarely, if ever, spring into being with no antecedents: MySpace and Friendster were in the market first, but Facebook did social networking better than anyone else had done before. Google wasn’t the first search engine ever; AltaVista probably deserves that title. But Google advanced the search experience to the point that we all believe they were the breakthrough innovator.

Continue reading “Dear Entrepreneur, Stop Dreaming and Just Launch That Business” »

How important is failure – yes, failure – to the health of a thriving, innovative business? So important that Ratan Tata, chairman of India’s largest corporation, gives an annual award to the employee who comes up with the best idea that failed. So important that Apple, the company gives us the world’s most beautifully designed music players, mobile phones, and tablets, wouldn’t be here if it hadn’t dared to fail. Remember the Apple Newton? Probably not, since it was a flop, but it was a precursor to today’s wildly successful iPad.

In a struggling economic climate, failure is what separates mediocre companies from businesses that break through and astound us with their creativity.

Yet failure has become a scenario to be avoided at all costs for most CEOs. Between fear of losing jobs to fear of rattling investors, business leaders are expected to deliver a perfect track record of product launches and expansion programs. They indirectly instill this attitude in their employees, who lack the confidence to spearhead any corporate initiative that isn’t guaranteed to work.

Call it the Tiger Mom effect: In the business world today, failure is apparently not an option.

Continue reading “Don't be a Tiger Mom CEO — Celebrate Failure” »

When examining the delicate balance that life on Earth hangs within, it is impossible not to consider the ongoing love/hate connection between our parent star, the sun, and our uniquely terraqueous home planet.

On one hand, Earth is situated so perfectly, so ideally, inside the sun’s habitable zone, that it is impossible not to esteem our parent star with a sense of ongoing gratitude. It is, after all, the onslaught of spectral rain, the sun’s seemingly limitless output of charged particles, which provide the initial spark to all terrestrial life.

Yet on another hand, during those brief moments of solar upheaval, when highly energetic Earth-directed ejecta threaten with destruction our precipitously perched technological infrastructure, one cannot help but eye with caution the potentially calamitous distance of only 93 million miles that our entire human population resides from this unpredictable stellar inferno.

Continue reading “Mixed Messages: Tantrums of an Angry Sun” »

Transhumanists are into improvements, and many talk about specific problems, for instance Nick Bostrom. However, Bostrom’s problem statements have been criticized for not necessarily being problems, and I think largely this is why one must consider the problem definition (see step #2 below).

Sometimes people talk about their “solutions” for problems, for instance this one in H+ Magazine. But in many cases they are actually talking about their ideas of how to solve a problem, or making science-fictional predictions. So if you surf the web, you will find a lot of good ideas about possibly important problems—but a lot of what you find will be undefined (or not very well defined) problem ideas and solutions.

These proposed solutions often do not attempt to find root causes or assume the wrong root cause. And finding a realistic complete plan for solving a problem is rare.

8D (Eight Disciplines) is a process used in various industries for problem solving and process improvement. The 8D steps described below could be very useful for transhumanists, not just for talking about problems but for actually implementing solutions in real life.

Continue reading “8D Problem Solving for Transhumanists” »

I’ve been an entrepreneur most of my adult life. Recently, on a long business flight, I began thinking about what it takes to become successful as an entrepreneur — and how I would even define the meaning “success” itself. The two ideas became more intertwined in my thinking: success as an entrepreneur, entrepreneurial success. I’ve given a lot of talks over the years on the subject of entrepreneurship. The first thing I find I have to do is to dispel the persistent myth that entrepreneurial success is all about innovative thinking and breakthrough ideas. I’ve found that entrepreneurial success usually comes through great execution, simply by doing a superior job of doing the blocking and tackling.

But what else does it take to succeed as an entrepreneur — and how should an entrepreneur define success?

Bored with the long flight, sinking deeper into my own thoughts, I wrote down my own answers.

Here’s what I came up with, a “Top Ten List” if you will:

Continue reading “Top 10 lessons for becoming a successful entrepreneur — Naveen Jain” »

Dear Ray;

I’ve written a book about the future of software. While writing it, I came to the conclusion that your dates are way off. I talk mostly about free software and Linux, but it has implications for things like how we can have driverless cars and other amazing things faster. I believe that we could have had all the benefits of the singularity years ago if we had done things like started Wikipedia in 1991 instead of 2001. There is no technology in 2001 that we didn’t have in 1991, it was simply a matter of starting an effort that allowed people to work together.

Proprietary software and a lack of cooperation among our software scientists has been terrible for the computer industry and the world, and its greater use has implications for every aspect of science. Free software is better for the free market than proprietary software, and there are many opportunities for programmers to make money using and writing free software. I often use the analogy that law libraries are filled with millions of freely available documents, and no one claims this has decreased the motivation to become a lawyer. In fact, lawyers would say that it would be impossible to do their job without all of these resources.

My book is a full description of the issues but I’ve also written some posts on this blog, and this is probably the one most relevant for you to read: https://lifeboat.com/blog/2010/06/h-conference-and-faster-singularity

Continue reading “Open Letter to Ray Kurzweil” »

Did you know that many researchers would like to discover light-catching components in order to convert more of the sun’s power into carbon-free electric power?

A new study reported in the journal Applied Physics Letters in August this year (published by the American Institute of Physics), explains how solar energy could potentially be collected by using oxide materials that have the element selenium. A team at the Lawrence Berkeley National Laboratory in Berkeley, California, embedded selenium in zinc oxide, a relatively affordable material that could make more efficient use of the sun’s power.

The team noticed that even a relatively small amount of selenium, just 9 percent of the mostly zinc-oxide base, significantly enhanced the material’s efficiency in absorbing light.

The main author of this study, Marie Mayer (a fourth-year University of California, Berkeley doctoral student) affirms that photo-electrochemical water splitting, that means using energy from the sun to cleave water into hydrogen and oxygen gases, could potentially be the most fascinating future application for her labor. Managing this reaction is key to the eventual production of zero-emission hydrogen powered motors, which hypothetically will run only on water and sunlight.

Continue reading “American Institute of Physics reveals more cost-efficient selenium photovoltaic cells” »

Perhaps you think I’m crazy or naive to pose this question. But more and more the past few months I’ve begun to wonder if there is a possibility here that this idea may not be too far off the mark.

Not because of some half-baked theory about a global conspiracy or anything of the sort but simply based upon the behavior of many multinational corporations recently and the effects this behavior is having upon people everywhere.

Again, you may disagree but my perspective on these financial giants is that they are essentially predatory in nature and that their prey is any dollar in commerce that they can possibly absorb. The problem is that for anyone in the modern or even quasi-modern world money is nearly as essential as plasma when it comes to our well-being.

It has been clearly demonstrated again and again — all over the world — that when a population has become sufficiently destitute that the survival of the individual is actually threatened violence inevitably occurs. On a large enough scale this sort of violence can erupt into civil war and wars, as we all know too well can spread like a virus across borders, even oceans.

Continue reading “Have Corporations Become a Global Existential Threat?” »