The Power of Bold Thinking! Solving Big Problems with Innovation | Mitch Francis

In this episode of An Hour of Innovation podcast, Mitch Francis talks about his book "Bad-Ass Solutions for Today's Big-Ass Problems." He discusses pressing global issues such as rising ocean levels due to climate change, the education crisis in America, and the national debt. Mitch shares his innovative solutions, emphasizing the need for collective action and involvement from the public to address these challenges effectively. Mitch Francis is a serial entrepreneur and the founder of Francis Development Inc., with a career spanning commercial real estate development, entertainment, and innovation. As a former CEO, he led a publicly traded company from creating 3-D motion simulators to becoming Las Vegas' top ticket broker, generating over $1 billion in sales. Mitch’s inventive spirit is backed by six US patents with two more pending. In his book "Bad-Ass Solutions for Today's Big-Ass Problems," he uses his problem-solving prowess to offer bold, actionable solutions to some of the world’s biggest challenges. Mitch is passionate about making a real difference — without political bias. Support This Podcast Amazon - buy things that Vit Lyoshin recommends * https://www.amazon.com/shop/anhourofinnovationwithvitlyoshin Webflow - Create custom, responsive websites without coding * https://try.webflow.com/0lse98neclhe MeetGeek - Record, transcribe, summarize, and share insights from every meeting * https://get.meetgeek.ai/yjteozr4m6ln Monkey Digital - Unbeatable SEO. Outrank your competitors * https://www.monkeydigital.org?ref=102449 Podpage - Build a beautiful podcast website in 5 minutes (or less) * https://www.podpage.com/?via=vitaliy Takeaways * Rising ocean levels are a critical issue caused by climate change. * The impact of climate change is felt globally, affecting millions. * Education inequality contributes to the growing wealth gap in America. * Public education is crucial for maintaining a democratic society. * The U.S. national debt is a significant challenge that needs urgent attention. * The US has more assets than just gold, including land and resources. * The concept of an asset standard could redefine how we view US debt. * A balanced budget amendment is crucial to prevent future debt crises. * Leveraging debt can be dangerous for governments without income. * US Treasury securities remain a safe investment despite the national debt. * Citizen engagement is vital for driving political change. * Nonprofits play a crucial role in addressing global issues. * Optimism is key in tackling major societal problems. * Problem-solving skills are essential in both business and governance. Timestamps 00:00 Intro 02:47 Identifying Major Problems 05:12 Innovative Solutions to Ocean Level Rise 15:12 The Education Crisis in America 24:14 Addressing National Debt Challenges 37:00 What Ordinary People Can Do to Help 40:06 Which Problem Can Make the Biggest Impact 43:41 Problem-Solving: A Business Perspective 50:31 Call to Action: Get Involved for Change Connect with Mitch * Website: https://bad-asssolutions.com/ * LinkedIn: https://www.linkedin.com/in/mitch-francis-a39094236/ Podcast Links * https://linktr.ee/anhourofinnovation Connect with Vit * Website: https://vitlyoshin.com/contact/ * LinkedIn: https://www.linkedin.com/in/vit-lyoshin/