While today’s entrepreneurs are competing against the old way of doing things that 20-year-old coal plant is cheaper, and has 30 years of operation left this should not be a deterrent. That is why we encourage a mindset shift, from linear to exponential. If we use old, linear thinking, we’re likely to create incremental fixes, whereas exponential thinking will get us to the energy storage and network solutions needed. 

Here are 4 tools that will help you understand and find solutions to the world’s largest problems with a global point of view, where energy consumption in the developing world has the power to grow economies and elevate people out of poverty. 

1. Be an exponential thinker and embrace abundance Plan for scenarios that may happen on an exponential curve. The framework of abundance thinking emphasizes a world where technology can solve many of the world’s biggest problems to reveal hidden entrepreneurial possibility. In this case, it’s energy storage and networking solutions. Strive to bring extremely diverse groups together to catalyze these new ideas. 

2. Leverage the power of accelerating technologies Technologies accelerating on an exponential curve are the tools with the largest potential for scalable impact; the Internet of Things is rich with innovation opportunities. For example, Quantified Planet, a non-profit Organisation, is creating an open-source community and data platform to collect environmental data to make smarter local decisions. 

3. Test many possible solutions and be willing to fail We need an ecosystem of ideation and experimentation that supports many new initiatives and many new failures. This iterative process, known as rapid prototyping, is how entrepreneurs test and rapidly progress towards better solutions. With climate change, we don't have the time to count on one big bet. We need to place many bets with lower opportunity costs, so they can fail fast without dire implications. 

4. Look for supporting technologies driving the exponential curve Some of the greatest innovation opportunities are supporting technologies that are driving exponential growth of renewable energy. Yes, we’re facing incredibly complex problems that require policy changes. But if we bring together the right people, frameworks of thinking, and technologies, we can solve global challenges. 

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