13. Fortune at the Top
of the Pyramid
Largely Dominated by Hedge Funds,
Private Equity, and Some Entrepreneurs
14. No One Begrudges A
Value Creator’s Fortune
Steve Jobs, Mark Zuckerberg, Bill Gates, Larry Page, Sergei
Brin, Jeff Bezos are celebrated; they have created industries,
jobs, technologies, new ways of experiencing the world
15. The Value Creator’s
Path is Hard
Makes Money ONLY When Value Is Created
No Short-Selling
Risk, Sacrifice, Huge Uncertainty
34. Virtual Entrepreneurship
MBA for $1000 / yr
Curriculum, Virtual Incubator, Online Mentoring,
Business Development, Financing, Media & Analyst Reach
36. 100th 1M/1M FREE
Roundtable on Oct 6th
Over 7000 registrants over 3 years
Coached over 400 entrepreneurs
Premium program launched in November 2010
A Group of Premium members will tell their stories at 100th meet
37. Role of the Government
in Capitalism 2.0
Is it Needed?
38. Integrity Isn’t
Implicit
Greed rules, and needs to be kept in check
39. Regulation is
Necessary
e.g. Banks need to have higher reserve ratio to avoid too big
to fail situations; risk needs to be managed
40. What About Benefits?
Welfare Economic is Unsustainable
Europe’s Crisis is a good example
42. Capitalism 2.0:
Tax Policy
Introduce Speculation Tax
Introduce Entrepreneur’s 401K
Reduce Corporate Tax Rates to under
10% from current 35%
Eliminate Payroll Taxes
Introduce Consumption Tax (VAT)
43. Capitalism 2.0:
Spending Policy
Welfare & Entitlements, especially
unemployment benefits need to be
swapped with service requirements
People should not get paid to sit at
home
Retraining should be compulsory
44. Retraining MUST Include
Entrepreneurship
Education
Community Colleges can offer 1M/1M or similar
45. 5 Billion People on
the Internet by 2020
Massive opportunity for value and wealth creation through
entrepreneurship on a global scale
46. Let’s Use This
Opportunity and
Establish Capitalism 2.0
Free the world from the clutches of the speculators