Fortune Put Him On Their List of "The World's 50 Greatest Leaders" and He
Peter Diamandis is a successful entrepreneur and founder of several organizations, including the XPRIZE Foundation and Singularity University. The document discusses how Diamandis met the author in 1999 when the author wrote an article about the XPRIZE, which offered $10 million for the first reusable spacecraft. At the time, NASA and aerospace experts said winning the XPRIZE was impossible due to the enormous cost and resources required. However, less than a decade later, Burt Rutan won the XPRIZE by launching a reusable spacecraft into orbit with only 30 engineers for $25 million, proving the impossible was possible. The document attributes this success to Diamandis' relentless work and big vision to open up space exploration.
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Fortune Put Him On Their List of "The World's 50 Greatest Leaders" and He
Peter Diamandis is a successful entrepreneur and founder of several organizations, including the XPRIZE Foundation and Singularity University. The document discusses how Diamandis met the author in 1999 when the author wrote an article about the XPRIZE, which offered $10 million for the first reusable spacecraft. At the time, NASA and aerospace experts said winning the XPRIZE was impossible due to the enormous cost and resources required. However, less than a decade later, Burt Rutan won the XPRIZE by launching a reusable spacecraft into orbit with only 30 engineers for $25 million, proving the impossible was possible. The document attributes this success to Diamandis' relentless work and big vision to open up space exploration.
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Peter Diamandis is busy.
1 My good friend and frequent writing partner
(Abundance, Bold, and The Future Is Faster Than You Think) is the founder of the XPRIZE Foundation, the cofounder of Singularity University, and the entrepreneurial force behind twenty-two different companies. In 2014, Fortune put him on their list of “The World’s 50 Greatest Leaders” and he remains the only person I know who has ever appeared on a stamp. Yet, at the time we got to know each other, all of this was still to come. Peter and I met in 1999, in the early days of our careers. We met because I wrote one of the first major articles on the XPRIZE, which was both Peter’s mad attempt to open the space frontier and a $10 million purse for the first person to build and fly a spaceship into low-earth orbit twice in two weeks. A reusable spaceship was the very thing NASA couldn’t build, but it remained a tantalizing possibility. If we didn’t burn up our rockets every time we left the planet, then the cost of getting off-world would plummet. It was, Peter felt, the necessary first step to opening the space frontier. I spent six months reporting the story, interviewing dozens of experts along the way. Everybody agreed: Peter was out of his mind. A reusable spaceship was never gonna happen. NASA said it would cost billions of dollars and require tens of thousands of engineers. All of the major aerospace manufacturers reiterated NASA’s point, only in far more colorful language. Winning the XPRIZE, according to all of the world’s leading experts, was absolutely impossible. Not for long. Less than a decade later, maverick aerospace designer Burt Rutan launched SpaceShipOne into low-earth orbit. Two weeks later, he did it again. Did he have ten thousand engineers aiding his cause? Nope. He had around thirty. Did it cost billions of dollars? Nah. Twenty-five million dollars was the actual price tag. The impossible had become possible and because Peter and I had become good friends along the way, I got to watch the feat, up close and in person. So what does impossible really look like? It looks familiar. Here’s how Peter helped unlock the space frontier: He woke up, typed at his computer for a while, then had breakfast. Then he went someplace and had a conversation, then he went someplace else and had another conversation, then he opened up his computer and punched the keys again. Eventually, he had lunch. After lunch he went somewhere else and had another conversation, then he talked on the phone a while, then he punched more keys on the computer. There were airplane rides and trips to the gym. Every now and again, he grabbed a shower, got some sleep, or went to the bathroom. And repeat. And repeat. This is what pulling off the impossible looks like up close. But not just for Peter—for just about everyone. Ecellence always has a cost. On a daily basis, if your goal is greatness, then you’re going to put just about every available hour toward that goal. From this perspective, it takes the same amount of time and energy to be the very best dry cleaner in Cleveland, Ohio, as it does to unlock the space frontier. Of course it does. Excellence, no matter what level, will always take everything we’ve got. So what really sets impossible stalkers apart? As far as I can tell, three core characteristics. The first is the size of the original vision. It’s hard to achieve the amazing by accident. You have to dream big. Peter wanted to go into space. He wanted other people to come along for the ride. His dream was unreasonable and irrational, but, as Peter loves to say, “The day before something’s truly a breakthrough, it’s a crazy idea.” And here, we’ve already taken care of business. If you’ve turned curiosity into passion and passion into purpose and used that information to sculpt a massively transformative purpose, you’re already dangerous.