Companies have too many experts who block innovation. True innovation really comes from perpendicular thinking. Peter Diamandis More Quotes by Peter Diamandis More Quotes From Peter Diamandis Technology is a resource-liberating force! Peter Diamandis resources force technology What is grit? Grit is refusing to give up. It's persistence. It's making your own luck. Peter Diamandis persistence giving-up luck As you may know, I'm the co-founder and co-chairman of an asteroid company called Planetary Resources that is backed by a group of eight billionaires to implement the bold mission of extracting resources from near-Earth asteroids. Peter Diamandis eight earth may What opened up the American West was the fact that you owned the real estate. You owned the gold mines, the oil wells. The creation of these, back then, million dollar industries drove the railroads and eventually the airlines to provide this kind of transportation. Peter Diamandis american-west oil real You could not legally put a human and fly them into space. In fact, you couldn't bring a spaceship back. All those spaceships we were sending commercially into space were one way. You sort of like, got rid of them. And most passengers, who go up, do want to come back down. Peter Diamandis space want way Many have built their careers buttressing the status quo, reinforcing what theyve already accomplished, and resisting the radical thinking that can topple their legacy - not exactly the attitude you want when trying to drive innovation forward. Peter Diamandis careers attitude thinking The quality of your life is a function of who you go through life with. Peter Diamandis function quality life-is You either disrupt your own company or someone else will. Peter Diamandis company Back in 2007, I had the opportunity to meet Professor Stephen Hawking through the X PRIZE Foundation. In my first conversation with him I learned that he was passionate about flying into space someday. Peter Diamandis flying space opportunity By 2020 the U.S. will be short 91,000 doctors. There's no way we can educate enough doctors to make up that shortfall, and other countries are far worse off. Peter Diamandis doctors country way Mining asteroids will ultimately benefit humanity on and off the Earth in a multitude of ways. Peter Diamandis benefits humanity earth My childhood dreams were focused on being part of the effort to make humanity a multiplanetary species. Peter Diamandis childhood effort dream I think people are dreaming big because they have the tools to dream big. I hope that people are dreaming big because it makes them feel good about their lives. Peter Diamandis dream people thinking I don't think the space station is innovative. Going to the moon was innovative because we had no idea how to do it. Peter Diamandis moon ideas thinking As lower-cost phones begin to penetrate, they'll become the educator and physician everywhere on the planet. Peter Diamandis physicians cost phones Large companies and government agencies have a lot to protect and therefore are not willing to take big risks. A large company taking a risk can threaten its stock price. A government agency taking a risk can threaten congressional investigation. Peter Diamandis agency risk government Eight billion people will have Internet access by 2020. Peter Diamandis internet-access eight people My father, who grew up picking olives on the Greek island of Lesbos, was a doctor. So my family expected me to become a physician. Peter Diamandis doctors islands father You've got to choose your horse ahead of time. So, if you're interested in water technology, energy technology, you get to choose between the three or four companies that you have insight into. And you have to make a bet on them before they prove anything out. Peter Diamandis horse technology water You have to ask yourself the question, do you have the smartest people in the world working for your company? And if you do, you're lucky. But if you don't, put up the incentive. And have someone who is absolutely brilliant who's a 22-year old in India who says what about this way? And who revolutionizes the way you do business. Peter Diamandis india people years