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Kevin Kelly

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
773 total appearances

Appearances Over Time

Podcast Appearances

Invest Like the Best with Patrick O'Shaughnessy
Kevin Kelly - Be Generous and Unique - [Invest Like the Best, CLASSICS]

So now what are you going to do with your billion dollars?

Invest Like the Best with Patrick O'Shaughnessy
Kevin Kelly - Be Generous and Unique - [Invest Like the Best, CLASSICS]

And it turns out that their dream, whatever it is, can be accomplished for so little compared to a billion dollars that in most cases, money is simply not the gating factor for what most people want to do.

Invest Like the Best with Patrick O'Shaughnessy
Kevin Kelly - Be Generous and Unique - [Invest Like the Best, CLASSICS]

There was a great scene in, I think it was Wall Street, where this guy going to Wall Street and his whole goal, just a couple more years, going to make my fortune, and then I'm going to quit so I can buy the motorcycle and ride across China.

Invest Like the Best with Patrick O'Shaughnessy
Kevin Kelly - Be Generous and Unique - [Invest Like the Best, CLASSICS]

And all of us travelers just laugh hilariously because you could work at McDonald's for six months.

Invest Like the Best with Patrick O'Shaughnessy
Kevin Kelly - Be Generous and Unique - [Invest Like the Best, CLASSICS]

save enough money to buy a motorcycle to ride across China.

Invest Like the Best with Patrick O'Shaughnessy
Kevin Kelly - Be Generous and Unique - [Invest Like the Best, CLASSICS]

You don't need to go into Wall Street to make your billions to do that.

Invest Like the Best with Patrick O'Shaughnessy
Kevin Kelly - Be Generous and Unique - [Invest Like the Best, CLASSICS]

And so I find that the focus, you certainly need to have enough to do the things that you want,

Invest Like the Best with Patrick O'Shaughnessy
Kevin Kelly - Be Generous and Unique - [Invest Like the Best, CLASSICS]

But for most people's dreams, it's a misplaced hurdle.

Invest Like the Best with Patrick O'Shaughnessy
Kevin Kelly - Be Generous and Unique - [Invest Like the Best, CLASSICS]

Imagine they don't have enough money because, in fact, what we know about innovation is that all the real breakthroughs come from the places where there's not enough money.

Invest Like the Best with Patrick O'Shaughnessy
Kevin Kelly - Be Generous and Unique - [Invest Like the Best, CLASSICS]

Startups.

Invest Like the Best with Patrick O'Shaughnessy
Kevin Kelly - Be Generous and Unique - [Invest Like the Best, CLASSICS]

The reason why a startup can succeed is because the big company wants to buy their solutions.

Invest Like the Best with Patrick O'Shaughnessy
Kevin Kelly - Be Generous and Unique - [Invest Like the Best, CLASSICS]

They've got money.

Invest Like the Best with Patrick O'Shaughnessy
Kevin Kelly - Be Generous and Unique - [Invest Like the Best, CLASSICS]

They're going to buy their solutions.

Invest Like the Best with Patrick O'Shaughnessy
Kevin Kelly - Be Generous and Unique - [Invest Like the Best, CLASSICS]

But the solutions can't be bought.

Invest Like the Best with Patrick O'Shaughnessy
Kevin Kelly - Be Generous and Unique - [Invest Like the Best, CLASSICS]

They have to be invented.

Invest Like the Best with Patrick O'Shaughnessy
Kevin Kelly - Be Generous and Unique - [Invest Like the Best, CLASSICS]

They have too much money to do the hard work of being ingenious and frugal and thrifty and all the other stubborn and persevering that a startup can do.

Invest Like the Best with Patrick O'Shaughnessy
Kevin Kelly - Be Generous and Unique - [Invest Like the Best, CLASSICS]

So the startup doesn't have any money.

Invest Like the Best with Patrick O'Shaughnessy
Kevin Kelly - Be Generous and Unique - [Invest Like the Best, CLASSICS]

So they're forced to invent the things in a way that if you had money, you'd never get to.

Invest Like the Best with Patrick O'Shaughnessy
Kevin Kelly - Be Generous and Unique - [Invest Like the Best, CLASSICS]

And that's why all the breakthroughs happen at the edges and they happen in startups.

Invest Like the Best with Patrick O'Shaughnessy
Kevin Kelly - Be Generous and Unique - [Invest Like the Best, CLASSICS]

That lacking of the resources is actually the feature, is actually the benefit of