Episode of My First Million with Sam Parr and Shaan Puri.
Transcript
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Kind: captions Language: en and kind of just ask them where they think the opportunities might be in a post Ovid worlds Zack welcome back so Zack this week I guess we’ve done we’ve done a lot of stories in recent weeks where we’ve helped you as readers navigate these uncertain times we’ve written about a couple dozen stories on people and companies and how they’re pivoting we did a webinar to sort of break down next next tier steps that people need to be thinking about and sort of second second-order effects that our colleague step Smith did and but one thing we kind of haven’t heard a lot from and that I think these are people who everyday are thinking about these kinds of issues it’s futurists and so this week we asked Zach and a bunch of our writers and analysts to reach out to a number of futurists and ask them a little bit about where they see things headed Zach what did you find yeah so I guess to start off many of you might already know this but futurists aren’t profits at least the good ones they don’t claim to know the future a futurist is basically just someone who studies kind of next order outcomes they use signals and trends and analyze you know technology trends to try to get a bit of grasp on what might be coming and they use a you know it’s very interdisciplinary they use mathematics engineering art technology they use forecasting models so we talked to a bunch of these folks on our team and kind of just asked them where they think the opportunities might be in a post ovid world what the emerging industries might be the short and long term impact of this crisis on entrepreneurship and we got a lot of really interesting varying answers some of some of the futurists we talked to you we’re specialists in certain industries or sectors like education others are a little bit more in general and you know that some of the recurring themes are that you know catastrophe is a catalyst for change generally in a king it can lead to some really good things so one one of the Futurists that I think really highly of is Amy Webb and she shared a sort of construct for how she thinks about change and how she anticipates things so what was it she shared with you that was interesting yeah so Amy Webb is a what you’d call a quantitative futurist she’s is a lot of data to formulate her opinions on things and what she does is she always starts with a set of five questions and I’m gonna share those here because I think it’s an interesting preface to what we’ll be talking about in our article but she asks where and how are people wasting their time so that’s one big question she’ll always ask she asks where and how are people having difficulty with technology that’s an especially interesting one right now you know a lot of we’re seeing a lot of new technologies emerging video conferencing has been accelerated it others have struggled the third question she asks is where and how are people looking for information and then she’ll ask where and how are people stuck and how do people want to be perceived so those those those are kind of five big questions that they guide a lot of her thinking about what’s to come in the future does it sound like the kinds of questions you should ask yourself before you start a business so I’m curious to see like what else what else we can learn from those if rather than just like how do you think about the future how do you think about what’s coming but like how can you position yourself in front of that if you’re someone who needs a new job or is thinking about any business sure definitely and she took us through a number of hypothetical examples which we’ll share more on in the piece but um she kind of took us through her framework of thinking about these things particularly for entrepreneurs who are maybe looking to get their feet wet for the first time or more importantly looking to do something important right now I think there’s going to be a lot opportunities for entrepreneurs to do things that help other small business owners and entrepreneurs and I think that that’s an important thing that shouldn’t be overlooked in this conversation that’s great well I will look forward to seeing more on this and I’m sure you will too so definitely check your email and Sunday thanks again for joining us I see breath [Music]