While many focus on current global challenges, the most significant trend is the opportunity created by democratized knowledge. The internet gives individuals, even in developing nations, access to information that was once exclusive to elite institutions, unlocking a vast new pool of human potential.
Humans are hardwired to seek social acceptance for survival. This translates into a tendency to conform and reinforce existing beliefs, making it difficult to introduce truly original or disruptive ideas. These contrarian ideas, however, are the sole source of new value creation.
Truly innovative business ideas often appear foolish or unworkable. Their value comes from a unique insight or "secret" a founder has uncovered through experimentation or research, which contradicts conventional wisdom. Investors look for this non-obvious, earned knowledge, as seen in the early days of Airbnb.
The common advice to "follow your passion" is flawed. Passion is often the result of becoming successful and masterful at something, not the cause. A more effective career strategy is to identify your greatest strengths and focus on contributing that value to the world.