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  • We live in an amazingly uncertain world.  What’s going to happen with Europe?  What’s going

  • to happen with our economy?  What’s going to happen with sales the next six months?

  •  Will China be strong?  Will you be strong?  What'll happen with housing? The problem

  • with the uncertainty is it keeps you frozen.  It doesn't let you move forward.  It doesn't

  • give you any confidence.  So in an uncertain world, I have to ask myself, “What am I

  • certain about?  Am I certain of nothing?”

  • And the answer is you can be certain about so much, it’s unbelievable.  For example,

  • right now it’s winter.  I’m certain it'll be spring followed by summer.  By the way,

  • I had that certainty because there is a science of cycles; there’s over 300 known cycles

  • - weather cycles, business cycles, biological cycles, that give you a complete handle and

  • accurate forecast of the future.

  • As a matter of fact economists have been trained in the science of cycles.  But if you noticed

  • the economists have been really wrong lately.  Why have they been so wrong?  Theyre

  • using the science of cycles.  After all, Warren Buffett is the richest guy in the world

  • because of the science of cycles.  He knows when the stock market goes up; he’s going

  • to sell and when it goes down he’s going to buy, which is probably the opposite of

  • most other people.  That’s why he’s rich.

  • So, is there another kind of change, you have to ask yourself.  And the answer is yes.

  •  And I call it linear change.  Unlike cyclical change, when linear change hits were not

  • going back. Once you got a smartphone, you're not going back to a dumb phone.  Once the

  • people in China parked their bicycle and get a car, they're not going to say, gee, lets

  • get rid of the car and go back to the bike.  Once people in India get refrigeration for

  • their homes, theyre not going to say we don’t need refrigeration.  Now these are

  • one way - theyre not cycles - one-way linear changes that had profound and amazingly predictable

  • consequences.

  • So in a world of uncertainty, I have to ask am I certain of anything and create a list

  • of certainty.  The reason is because strategy based on uncertainty has high risk.  Strategy

  • based on certainty has low risk and high reward.  So we are bombarded with all of this uncertainty.

  •  Create a list of things that you can be absolutely certain about.  Lets give you

  • a technological certainty as a good example.  Let’s take the iPhone.  How about the

  • next iPhone?  I know we just got our new one but what about the next one?  Could you

  • say anything about that?  Do you know anything about that?  Hey, no one’s left that in

  • the bar lately.

  • And the answer is, you know all about the next iPhone.  For example, will it have a

  • faster processing chip in it than the current one?  And the answer is of course it will.

  •  Are you certain?  Yeah, been doing that with technology for 40 years; it’s call

  • Moore’s law.  We have 3G wireless now; we're getting 4G wireless.  Is that it?  Or

  • might you be able to predict what theyll call the next one?  The answer is, of course;

  • it'll be 5G, followed by 6G.  I’ve been tracking that out for over 30 years.

  • It’s fully predictable on a curve.  You can just see it right there.  And can we

  • get more in that device or is it full?  Can’t get anymore?  And the answer is of course,

  • we can store more in that device; it’s on a similar curve to Moore’s law going up

  • like this.  Very predictable.  So if you look at all the things that you can be certain

  • about, you will find amazing possibilities and amazing opportunities as you look at the

  • future.

  • Spend an hour a week unplugging from the present.  Yeah, why?  Because it's more related to

  • your past than your future.  You know there's a reason your windshield is bigger than your

  • rearview mirror.  Hey, let's start looking ahead a little bit.  The more you look, the

  • more you see.  The future is more visible than you might expect.  Make a list, not

  • of the things youre uncertain about, but the things you are certain about.  First

  • of all, the cycles.  What are the cycles that we know?  What are the cycles, the sales

  • cycles, the business cycles.

  • By the way if there’s a sales cycle, hint don’t abide by it.  I always go the opposite

  • of the sale cycle because I want to have the deal closed before the cycle begins, but that

  • just me.  Anyway take a look at the cycles.  Make a list of those things.  We know when

  • Father’s Day will be, we know when Christmas will be, we know when the next election will

  • be.  Makes list of all the things that you know and look at the problems and predictable

  • opportunities.

  • Secondly, look at the certainties of linear changes.  What are those major linear changes

  • that are taking place right now?  And make sure you notice them and pay attention to

  • them.  For example, your main computer is becoming what?  It’s your smartphone.  And

  • just recently the Chinese have been able to make a smartphone at the same cost as a dumb

  • phone.  Why would you want to make dumb phones, when a smart phone is Internet, it’s a camera,

  • it’s photography, it’s television, it’s radio?  These are profound linear changes.

  •  Make a list and then look for opportunities and put your business strategy against those

  • certainty lists and youll find low risk and high reward.

We live in an amazingly uncertain world.  What’s going to happen with Europe?  What’s going

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