book covers future proofing you

A 5 Minute Overview Of

Future Proofing You

Twelve Truths for Creating Opportunity, Maximizing Wealth, and Controlling Your Destiny in an Uncertain World

About the Author

Jay Samit is an entrepreneur, a serial disruptor, and a keynote speaker. He is recognized as one of the world's leading experts on disruption and innovation, and has raised hundreds of millions of dollars for startups and new ventures. Jay Samit's first book, Disrupt You, was a bestseller. He is a proven deal maker, having created enduring strategic partnerships with McDonalds, Coca Cola, United Airlines, Microsoft, Ford, GM, and Best Buy. He formerly served as an independent vice chairman of Deloitte Consulting, where he helped grow pre-IPO companies like LinkedIn. He also served as CEO of a public company and held senior management roles at EMI, Sony, and Universal Studios. He is a graduate of UCLA, and is adjunct professor at the University of Southern California.

The Main Idea

How can you future proof your life and your career — so you come out on top no matter what happens in the world and the economy?

To achieve lasting success, you don't need money or connections. To become and stay future proof, you really only need:

  • Insight — the ability to find opportunities, and then to learn how to create and capture value.
  • Perseverance — the capacity to keep going until you figure out your business model, and get it right.

The great thing is in today's world, opportunities for success are everywhere. They can be sparked by something you're looking for personally, which is not yet available in the marketplace. They can be generated by new technologies you can leverage.

The opportunities for success are all around you. You just have to learn what to look for and how to capture the value you create. While techniques for uncovering insights can be taught, perseverance comes from deep within. You must make a personal commitment to see this journey through to the end. No one is going to hand success over to you. It must be earned. You will also learn how to bolster your perseverance by discovering your purpose. Becoming future proof doesn't happen overnight and it won't be easy. For many, it will take longer than a year, but the moment you commit to Future Proofing You, is when the journey begins. As the ancient Chinese philosopher Lao Tzu wrote, "The journey of a thousand miles begins with one step." Only you can take the first step. If you are willing to focus and work one year of your life like most people won't, then you can live the rest of your life in a way most people can't.
Jay Samit

12 Truths of Future Proofing

Truth #1 — You must have a growth mindset. Find ways for everyone to win, and for you to learn and grow to succeed.

Truth #2 — Obstacles are opportunities in disguise. The best way to get ahead is to learn from your mistakes.

Truth #3 — Fear is good — use it to drive you forward. Openly acknowledge your fears, and then use them for motivation to excel.

Truth #4 — Failure is great — it's part of the journey. You learn more from your failures than you ever do from success. Start learning.

Truth #5 — Your superpower makes you successful. Ignite your superpower by applying what makes you unique. Master your power.

Truth #6 — Passion will make you unstoppable. Perfect the learned skill of persistence to turn your passions into success.

Truth #7 — You can't go it alone — find good mentors. Link up with people who have the experience you need to get ahead. Get help.

Truth #8 — Every business today is a tech startup. Make sure you are harnessing the digital technologies which will help you scale.

Truth #9 — You must fill a unique void to succeed. Be certain you're filling a void that really exists, not starting an entirely new industry.

Truth #10 — Spatial reality is a trillion-dollar opening. Find ways to take your business mobile and interconnected. This is big.

Truth #11 Working hard won't make you rich, but working smart definitely will. Master the creative ways to structure capital transactions so you catapult ahead.

Truth #12 — Remote workers have become your new competitive advantage. Make sure you learn how to manage a remote workforce effectively.

Key Takeaways

If you have insight and perseverance, you can future proof your life and flourish, come what may.

Obstacles, not products, are the source of creating wealth. Solve a problem for your friends, you are popular. Solve for a few million, you become rich. Remove an obstacle for a billion and you change the world. Solving for others is at the heart of every great product, service, or company.
Jay Samit
A growth mindset is the one trait that separates achievers from failures. It gives you the outlook and perspective to see obstacles for what they really are: short-term events that momentarily get in your way. From positivity and gratitude grow perseverance. Perseverance, by definition, makes you unstoppable.
Jay Samit

Summaries.Com Editor's Comments

What a great book. Serial entrepreneur Jay Samit has gathered together a collection of very impressive stories he uses to teach his 12 principles for becoming "future proof", both professionally and personally. He mentions some real-world examples I was not familiar with. My personal favorite was the story of George Lucas, aged 27 years. When he wanted to make Star Wars, all of the studios turned him down.

Eventually, 20th Century Fox agreed to back him, if Lucas would agree to direct the movie for just $50,000. (He also got $50,000 for writing the movie, and $50,000 for producing it). Lucas agreed to the deal, as long as he could retain the rights for a sequel or sequels.

Fox probably thought they had the deal of the century when Star Wars became the highest grossing film of all time on its release in 1977. The studio was desperate to get those sequel rights back, and Lucas agreed to give Fox those sequels if he could have the merchandising rights for all the Star Wars movies royalty-free. Fox agreed, since up until that time the merchandising rights for movies were just peanuts compared to box office takings. George Lucas, however, was playing the long game, and would go on to generate more than $32 billion in Star Wars merchandising sales, making himself a billionaire in the process.

That's just one example of how to future proof yourself with smart thinking. This book has plenty more. He also talks about current trillion-dollar opportunities, which are poised to be the greatest transfer of wealth in history, and how to get involved. Highly recommended.

Want in-depth 30-minute summaries?

In addition to this 5-minute overview, Summaries.Com has a premium 30-minute summary of this book and 1,000+ more, to help you advance your career and business.

Check Out Premium Plans Today!

Want more 5-minute Snapshots?

To get a new 5-minute business book snapshot each week, sign up for the free plan.

Sign Up for the Free Plan

Future Proofing 101 Collection

If you enjoyed this summary, here is a collection of related business book summaries, to help you get ideas and strategies that will give you an edge over your competition.

This mini-course will help you have future success, whatever direction the markets take.

Buy Future Proofing 101 Collection (5 x 30-Min Summaries)
book covers future proofing you
Summary published 6/2021
Future Proofing You

Twelve Truths for Creating Opportunity, Maximizing Wealth, and Controlling Your Destiny in an Uncertain World

by Jay Samit

book covers the future is faster than you think
Summary published 3/2020
The Future is Faster Than You Think

How Converging Technologies Are Transforming Business, Industries, and Our Lives

by Peter Diamandis and Steven Kotler

book covers non obvious megatrends
Summary published 2/2020
Non Obvious Megatrends

How to See What Others Miss and Predict the Future

by Rohit Bhargava

book covers machine platform crowd
Summary published 9/2017
Machine, Platform, Crowd

Harnessing Our Digital Future

by Andrew McAfee and Erik Brynjolfsson

book covers the inevitable
Summary published 7/2016
The Inevitable

Understanding the 12 Technological Forces That Will Shape Our Future

by Kevin Kelly

Buy Future Proofing 101 Collection (5 x 30-Min Summaries)