FOLARIN OSIBODU Create and Innovate
FOLARIN OSIBODU
Create and Innovate
Always Seek to Improve Yourself
Sharpen your strengths
Work on your relevant weaknesses My personal example
Attempt to do the impossible
My personal example – paid off $12,000 debt
Innovation - Square
Square
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.
Dropbox
Dropbox
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
Innovation - Google
Compare with Yahoo!
Compare with Amazon
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
Google glass
Google glass demo
Google self driving car
Google self driving car - prototype
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
Let’s bring it home
Interswitch/ Quickteller
Paga
Let’s bring it home
Interswitch/ Quickteller
Let’s bring it home
Interswitch/ Quickteller
Let’s bring it home
Interswitch/ Quickteller
Let’s bring it home
Interswitch/ Quickteller
Pagatech
PagaFounded 2009Launched 2011Nigeria’s largest mobile payments
company
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.
Elon Musk, Multiple Innovator
PayPal
Solar City
Tesla
SpaceX
He is South African
Tesla Model S
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
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
Tesla Model X
SpaceX Grasshopper Takeoff & Land
SpaceX Grasshopper Divert & Land
SpaceX Grasshopper Divert & Land
SpaceX employees reaction to first launch
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.
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)
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
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
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
Bird robot
Jack Ma - Alibaba
Jack Ma - Alibaba
Jack Ma – Alibaba - 1997
The day Jack Ma met Jerry Yang
Jack Ma – Alibaba - 2005
In 2005 – Yahoo invested $1 billion
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
Summary
Self Improvement
Innovations
Innovators
Rewards
Conclusion
What will be your contribution to the world?