A dead MIT professor accidentally destroyed the $25 billion executive coaching industry with one hour of lecture, and ten million people have already watched him do it.
He filmed it once in January 2018 and died eighteen months later.
Executive coaches charge sixteen thousand dollars a session to teach a third of what he covered in that one hour for free.
His name was Patrick Winston. He ran the MIT Artificial Intelligence Laboratory from 1972 to 1997 and wrote the AI textbook every computer science major in the world read for thirty years.
Every January for four decades, he gave a lecture called "How to Speak."
His entire framework fits on a napkin.
Do not read. Be in the image. Keep images simple. Eliminate clutter. Start with an empathetic connection. End with a punch line the audience can repeat over dinner. Never open with a joke. Never end with "thank you."
That last rule alone has probably cost the executive coaching industry a hundred million dollars.
"Your success in life will be determined largely by your ability to speak, your ability to write, and the quality of your ideas. In that order."
That is the actual opening line of the lecture. Winston believed it strongly enough to spend fifty years teaching computer scientists how to talk.
Founders spend $80,000 on an MBA and then hire a communications coach to teach them the same material Winston filmed once for free. Engineers write brilliant code and lose promotions to teammates who watched this lecture on the train.
The lecture is free on MIT OpenCourseWare. The textbook is free on his page.
Winston died in 2019. Almost none of the ten million viewers have actually implemented the four rules on the napkin.
The napkin is free. The willingness to actually use it in your next meeting is the entire edge.
The answer is in this video. Don't miss this gem.
@BPindulic Looks solid for trad investors (not angel investing in tech startups). 50% coc return just from profit dist, plus 5% stake.
Private vals can be arbitrary - maybe position it as 5% stake from the start but get 10% of profits until $150k? Then focus them on $ value of 5% at exit.
It's wild how differently companies are tackling AI.
Some are embracing it, even cannibalising their own business to stay ahead @intercom 👀. Others that had their head in the sand, are now scrambling to "do something with AI."
I wonder who's going through their Kodak moment rn.
@Rainmaker1973 I'm from a compulsory voting country, it's not that hard. Only takes 20mins to vote for most people. All paper ballots and only one ballot paper per person. Very hard to defraud an election.