Peter Diamandis
Peter Diamandis
Peter H. Diamandisis a Greek–American engineer, physician, and entrepreneur best known for being the founder and chairman of the X Prize Foundation, the co-founder and executive chairman of Singularity University and the co-author of the New York Times bestsellers Abundance: The Future Is Better Than You Think and BOLD: How to Go Big, Create Wealth, and Impact the World. He is also the former CEO and co-founder of the Zero Gravity Corporation, the co-founder and vice chairman of Space Adventures...
ProfessionEntrepreneur
Date of Birth20 May 1961
accepting chairman chief corporate difficulty executive few grasp great hundred importance officers regarding risks role
In my role as chairman of the X Prize, I had approached well over one hundred corporate chief executive officers regarding sponsorship. Few were able to grasp the importance of this new market...and those who were had great difficulty accepting the risks involved,
beginning profitable risks space until willing
We need to be willing to take risks we were willing to at the beginning of space exploration and every other frontier, ... We're not going to have these breakthroughs until we have a profitable industry.
risk breakthrough
Without risks, there can't be breakthroughs.
government agency risk
Large companies and government agencies have a lot to protect and therefore are not willing to take big risks. A large company taking a risk can threaten its stock price. A government agency taking a risk can threaten congressional investigation.
risk purpose missions
If the risk is fully aligned with your purpose and mission, then it's worth considering.
people risk blame
If someone is always to blame, if every time something goes wrong someone has to be punished, people quickly stop taking risks. Without risks, there can't be breakthroughs.
bright brilliant flame literally vehicles
These vehicles will literally sport a 20-foot bright brilliant flame out the back.
approaches class innovate learn operate people prize teams
These teams with their different approaches show real out-of-the-box thinking. That's what the Ansari X Prize is doing...allowing people to innovate and learn how to operate a new class of vehicle.
approaches teams
These teams with their different approaches show real out-of-the-box thinking,
building business central excited financial governor hub mexico personally proposal public space strength
The New Mexico proposal was stronger, specifically on the strength of their financial bid. Governor Richardson is personally very excited about the whole space business and about building New Mexico into a central hub for public spaceflight.
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It's bringing 21st-century racing into people's personal living rooms. ... It's really the mix of NASCAR excitement and spaceflight.
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We expect that the first X Prize Cup will actually occur in the summer of 2006. We have a couple of years to get the infrastructure in place, ... We're basically creating a new business model for the whole space business including media, sponsorships...and the X Prize Cup is an important part of that.
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We went through a lengthy selection process ... narrowing it down to Florida and New Mexico. Both states provided us their best and final bid and they both offered very attractive opportunities.
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We are very proud of our partnership with New Mexico, Las Cruses and Governor Richardson. We're working to make the X Prize Cup an exciting annual event that will move the industry forward at the same time that it allows the public to personally participate in the future of the personal spaceflight revolution.