Inventing The Future

Daniel Dubois is the Co-Founder and President of Key, a serial entrepreneur, and an adventure seeker overflowing with nuggets of wisdom. He’s a Vancouver native and he’s founded and sold two venture-backed companies. He worked at his dream company Airbnb for 2 years, where he strategized growth in top-tier markets. Then, In 2019, he came up with an idea he became obsessed with and took a leap of faith that propelled him into his current venture, Key.

Key has created a new economic model for residential real estate that replaces a conventional mortgage in a Homeownership-as-a-Service (HaaS) model. With Key, you can buy a home with only $15K while maintaining the freedoms of renting.

What is the PROBLEM that Key is solving?

In Toronto, it takes an average of 21 years to save up for a down payment. Say “goodbye” to owning even an entry-level condo until your late 40s. Without having the ability to own a home, people have to spend an excessive amount of money on rent. At Airbnb, Daniel witnessed the crisis we have in homeownership. The thousand-year-old system is highly inefficient—it’s broken. How can you solve the housing crisis and make homeownership affordable?

What is Key’s SOLUTION?

Key’s solution is an innovative economic model that does not require a mortgage. Traditional homeownership is binary-- either you own a home or you don’t (and therefore have to pay rent). Key’s solution enables people to buy equity in a home with as little as $15K instead of having to buy the entire home. For example, this means that you can buy 12% of a home instead of having to buy the entire home (it’s non-binary). As a result, the amount of rent that you pay is proportional to the amount of equity you own in the home. So if you own 12% of a home, you would only pay 88% of the original price of rent. Therefore, instead of having to pay the full amount of rent for a countless number of years, you can buy your home slowly over time.

But Key is more than just an innovative economic model. They also built technology that digitized the home buying process. 

Key’s economic model has a ripple effect that enables them to have a greater impact. By purchasing entire buildings, they are functioning as an economic engine for developers to do more and they’re mobilizing passive investor capital like never before.

Key’s mission is to “create a world where real estate is a source of freedom and prosperity for everyone.”

Visit inventingthefuture.ai for the full show notes.

Get up, show up, and lift up. Chance Becnel is the 8-year CEO and Owner of Axiom Healthcare Services, a company that is revolutionizing senior care. They employ over a thousand people and gross $50-60 million annually. By exuding servant leadership, Axiom has thrived since 2008 on a vision of exponential growth. Chance has accumulated 30+ years in management experience and 25+ years in senior care.

“How do we provide high-quality, world-class service for seniors in the disease management and sick care space?” Normally, this problem has been institutionalized. “Healthcare” promotes vitality, whereas “sick care” is treating someone that is ill. Despite the reinvestment incentives in disease management, Chance believes personalized prevention is key. Adventuring into other “sand boxes,” Chance has guided his company into the vitality and life span business. By transitioning from sick-care to future-forward healthcare, he’s skating to where the “puck” is going.

3 Value Bombs

In this episode we discuss…

People & Resources Mentioned

Chance's LinkedIn: www.linkedin.com/in/chance-c-becnel-51b19a36

Axiom: axmservices.com

Want to keep the conversation going? Join the Slack Community for this podcast to engage in discussions from the episodes in this podcast. You’ll also be able to meet, engage, and potentially collaborate with the like-minded people that listen to this podcast.

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In this solo episode, Julian explains why your mindset is the most valuable tool that you have as an entrepreneur and why It is one of the greatest determinants of your success in both your professional and personal life.

We all want to be successful in both our personal and professional life, regardless of what success means to us. But if you don't have the right mindset, you're not going to get to where you want to go because most barriers in life are psychological, not technical.

You might not believe me but let's take a closer look at why your mindset is the defining factor in your success.

When you fail at something, you might think that the reason you failed is because you didn't have the time, money, experience, technology, or people that you needed to succeed. But the truth is that all of these things are resources and although not having the resources you need may be the reason you failed, it is not the defining factor. Failure is never about the lack of resources, it is about a lack of resourcefulness. Resourcefulness is the defining factor in our success and our emotions are the greatest resources that we have at our disposal.

Your mindset is important because how your look at the world determines how you feel at any moment—it directly influences your emotions. And how you feel at any moment determines how you respond—it determines what decisions you end up making. And your life is ultimately the result of all of the decisions that you make in your life.

Therefore, our mindset is the source of where we currently are in life and it is the key predictor of our future success.

Why your mindset is the greatest determinant of your success [1:49]

The Problems Are Opportunities Mindset [6:40]

How Jeff Bezos came up with the idea for Amazon [12:44]

The Purpose-Driven Mindset [15:29]

How to discover what your Massively Transformative Purpose [26:42]

The Moonshot Mindset [28:26]

Practical tips on how to apply 10x thinking and think creatively [35:04]

Sources/Resources

Want to keep the conversation going? Join the Slack Community for this podcast to engage in discussions from the episodes in this podcast. You'll also be able to meet, engage, and potentially collaborate with the like-minded people that listen to this podcast. Let's share mindsets, insights, tools, strategies, and wisdom with each other so that we can accelerate our growth and maximize our contribution to humanity.

Join The Slack Community: www.bit.ly/itf-slack

Sign Up For The Inventing The Future Newsletter: www.bit.ly/itf-newsletter

In this special episode, Bryce Watson joins Julian Alvarez, your host, to talk about their entrepreneurial journey and their startup Vize (short for Incentivizing Good). 

Vize's mission is to help billions of low skilled workers find a job that they love and empower them with the skills they need to advance in their professional lives. Vize launched its pilot in Tijuana, Mexico, where the current goal is to improve working conditions for factory workers in Tijuana. These factory workers are often overworked, made to work in unsafe and unsanitary working conditions, don't feel respected by their employers, and are sometimes made false promises prior to their employment that are never fulfilled once they start working. Vize aims to improve working conditions by allowing workers to anonymously write reviews about their work experiences so that the transparency of working conditions can help workers make better-informed decisions bout where to work and hold factories accountable for treating their workers better.

Bryce Watson is a Co-Founder and the CEO at Vize. He has a Masters in Economics and International Development from Texas A&M University and has over 5 years of experience working in international development.

Julian Alvarez is a Co-Founder and the CTO at Vize. He is the host of this podcast and will start working as a Software Engineer at Facebook in June 2021. Previously, Julian has interned as a Software Engineer at Facebook, LinkedIn, and Goldman Sachs.

Learn more about Vize: https://www.vize.mx/acera-de-nosotros

Bryce's LinkedIn: https://www.linkedin.com/in/bryce-watson/

Sign Up For The Inventing The Future Newsletter: www.bit.ly/itf-newsletter

Julian's Personal Website: www.julianalvarez.me

Welcome to this introduction episode for the Inventing The Future podcast!

Never in history has the potential for entrepreneurs to disrupt industries and solve problems on a massive scale been greater. The decreased cost and increased power of technology has democratized our ability to solve large-scale problems. The convergence of exponential technologies (AI, Virtual Reality, Augmented Reality, and Blockchain, to name a few) is enabling us to solve problems that could not be solved before. Today, a single individual or team—driven by a purpose—can transform our world. 

Our mission is to inspire and empower entrepreneurs to solve the world's biggest problems. We'll specifically focus on the world's biggest problems because, as Peter Diamandis brilliantly says, "the world's biggest problems are the world's biggest opportunities." 

Join me, growing entrepreneur and computer scientist Julian Alvarez, as I interview those that are inventing our future. We'll explore the problem they are eradicating, learn about their unique solution, and uncover the mindsets, insights, tools, strategies, and wisdom that have proved invaluable in their arduous journeys. If you are an entrepreneur, an aspiring entrepreneur, an innovator, a disruptor, or a highly ambitious person that dreams of making a massive dent in the universe, this podcast is for you. 

The best way to predict the future is to invent it. 

So, how will you invent the future?

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Julian's Personal Website: www.julianalvarez.me