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FOLARIN OSIBODU Create and Innovate
46

Create & Innovate

Feb 12, 2017

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Folarin Osibodu
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Page 1: Create & Innovate

FOLARIN OSIBODU

Create and Innovate

Page 2: Create & Innovate

Always Seek to Improve Yourself

Sharpen your strengths

Work on your relevant weaknesses My personal example

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Attempt to do the impossible

My personal example – paid off $12,000 debt

Page 4: Create & Innovate

Innovation - Square

Square

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Square

Today

Square was founded in 2009.

As of September 2012 the company was valued at $3.25 billion

Founder Jack Dorsey is worth $1.3 billion. 

Page 6: Create & Innovate

Dropbox

Page 7: Create & Innovate

Dropbox

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Dropbox

Dropbox was founded in late 2008

As of November 2013, it had 200 million users

4 million businesses use it

97% of the Fortune 500

Dropbox is valued at between $5 and $10 billion

Founder Drew Houston is worth $400 million

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Innovation - Google

Google

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Compare with Yahoo!

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Compare with Amazon

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Innovation - GoogleGoogle

Not just a search engine They own Android, they also make Nexus phones They started g-mail years after Y! Mail, AOL mail, Hotmail– still it is now the best and most popular email service They also own the most popular blogging platform - blogger They started Chrome browser, years after IE, Firefox and so on, yet they are now the fastest and most secure browser Google Translate – translate any language to any language Google voice and Google Now - sometimes speak into my phone and it translates into text Google News – aggregates and organizes news feeds from various news sources In progress – Google Glass, Self driving car However their main source of revenue is - Ads

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Google glass

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Google glass demo

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Google self driving car

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Google self driving car - prototype

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Google

Google is the #1 website in the world

It made $50 billion in revenues in 2012

Net income of $13 billion

Its founders Larry Page and Sergey Brin are each worth about $24 billion

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Let’s bring it home

Interswitch/ Quickteller

Paga

Page 19: Create & Innovate

Let’s bring it home

Interswitch/ Quickteller

Page 20: Create & Innovate

Let’s bring it home

Interswitch/ Quickteller

Page 21: Create & Innovate

Let’s bring it home

Interswitch/ Quickteller

Page 22: Create & Innovate

Let’s bring it home

Interswitch/ Quickteller

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Pagatech

PagaFounded 2009Launched 2011Nigeria’s largest mobile payments

company

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African Leadership Academy

Develop 125 students’ leadership skills to implement important new ideas that can transform Africa

2 year program

Afterwards, placed in Ivy Leagues, many times with full scholarship

Upon graduation, come back work in Africa for 5 years.

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Elon Musk, Multiple Innovator

PayPal

Solar City

Tesla

SpaceX

He is South African

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Tesla Model S

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2013 World Green Car of the Year2013 Motor Trend Car of the YearAutomobile Magazine's 2013 Car of the YearTime Magazine Best 25 Inventions of the Year

2012 award NHTSA -National Highway Traffic Safety

Administration Best safety rating of any car ever tested.  NHTSA does not publish a star rating above 5, but Model S

achieved a new combined record of 5.4 stars.Consumer Reports' top-scoring car ever.

Tesla Model S

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Consumer Reports: gave the Model S a score of 99 out of 100, its highest ever. The score would have been higher except that it does need to stop to recharge during long-distance drives. "If it could recharge in any gas station in three minutes, this car would score about 110," said Jake Fisher, head of auto testing for Consumer Reports. Fisher called the car's performance in the magazine's performance tests "off the charts.

Tesla Model S

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Tesla Model X

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SpaceX Grasshopper Takeoff & Land

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SpaceX Grasshopper Divert & Land

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SpaceX Grasshopper Divert & Land

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SpaceX employees reaction to first launch

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Elon Musk’s legacy - PayPalPayPal

Since 2002, PayPal has remained a private company

In 2013, PayPal moved $180 billion in 26 currencies across 193 nations, generating a total revenue of $6.6 billion (41% of eBay’s total profits)

In 2014, eBay announced plans to spin-off PayPal into an independent company the following year.

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Elon Musk’s legacy – Solar City

Solar City

Largest solar panel manufacturerin the United States

Revenue: $58,343,000 (Sept 2014 SEC filings)

Income: $19,236,000 (Sept 2014 SEC filings)

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Elon Musk’s legacy – Tesla

Teslais a public company

Elon Musk owns 27% of Tesla

Toyota Group owns another 27%

Revenue in 2013 was around $2 billion

Page 37: Create & Innovate

Elon Musk’s legacy – SpaceX

SpaceXis a private company

Elon Musk owns 2/3rd of SpaceX (2012)

As of November 2014, SpaceX has already launched twelve Falcon 9 rockets and has at least 30 planned future launches for clients.

SpaceX is valued at around $2.4 billion

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Elon Musk’s legacy – SpaceX

Elon Musk, who at a point, had to borrow money to pay rent

Now has a net worth of $8.3 billion

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Bird robot

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Jack Ma - Alibaba

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Jack Ma - Alibaba

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Jack Ma – Alibaba - 1997

The day Jack Ma met Jerry Yang

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Jack Ma – Alibaba - 2005

In 2005 – Yahoo invested $1 billion

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Jack Ma – Alibaba - 2014

Alibaba's IPO became be the largest in US stock market history.

Yahoo could make nearly $10 billion on Alibaba's IPO.

Jack Ma became the wealthiest person in China, then later in Asia

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Summary

Self Improvement

Innovations

Innovators

Rewards

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Conclusion

What will be your contribution to the world?