Abundant capital
Freedom: financial, social and psychobiological
Everyone in the world can work with three types of capital:
Financial
Human
Time
If managed well, these three assets will lead to these three freedoms:
Financial (freedom to cater to basic needs)
Social (freedom to generate and share ideas)
Psychobiological (freedom to fully use spiritual, mental, emotional and physical abilities)
Note that we say freedom, not independence. Independence doesn’t necessarily mean the optimum state is achieved, whereas freedom means that the person is free to use the given asset in its most productive way suited to the conditions they are in.
After 200,000 years of globalisation, we’re at the beginning of the knowledge age. In the knowledge age, the only thing that will prevent you and I from reaching our full potential is how we interact with and manage our psychobiological states.
There are four ways of looking at the world which dictate our psychobiological state:
To Me, By Me, Through Me and As Me
The majority of the world is interacting with its psychobiological state from the “to me” state. They are slaves to their minds and thoughts. They are at the effect of the world around them.
Once we reach the “by me” state, we start to realise that we’re able to affect our surroundings. We take responsibility and are capable of contributing to the world.
By moving to the “through me” state, we become aware of our purpose and what it is that we’re born to do in the world. Time and space become functions of our physical being and our purpose becomes the eternal and abundant part of our being.
By becoming aware of psychobiological state and mastering the shift to the higher state, we can achieve the ultimate freedom and be true contributors to the knowledge age.
As for the two other forms of freedom, financial and social, once we experience being in the “through me” state, we will find ourselves surrounded by abundant capital and unlimited creativity. Albert Wenger of USV puts it well in his thought provoking book, World After Capital:
Technological progress has shifted scarcity for humanity. When we were foragers, food was scarce. During the agrarian age, it was land. Following the industrial revolution, capital became scarce. With digital technologies scarcity is shifting once more. We need to figure out how to live in a World After Capital in which the only scarcity is our attention (time).
This is the third in a series of posts about Conscious Leadership applied to Global Entrepreneurs which was also posted on LinkedIn. We’d love to hear from teams with crazy (but commercial) startups. Get in touch or attend our breakfast series. Finally, don’t forget to get your IV Score to prepare for your next VC meeting.
