Hello and welcome to our next session here at stage six and

I'm here to present to present Jonathan Henning and Jonathan Imel and Jonathan is from the global economic symposium and the other Jonathan is from ignore gravity and You know what they are going to do this time. They're helping us

No, no, you are helping us to solve all the problems of the world. So I'm really All the all the big problems big problems. Okay. Thank you very much

What a nice day in Kuala Lumpur today Gosh, it is it is Hi, I'm I'm Jonathan. Hi Jonathan to funny, huh? Huh? Huh? It's pretty it's pretty cool being here at this at this global economic symposium in Kuala

Lumpur. This is a nice session, isn't it? Yeah, it is great keynote speech Tickle the right problems. Definitely. So what do you do? Oh, so I'm a billionaire actually Yeah, yeah and yourself I'm a

social media consultant from Berlin Project I do projects projects. Okay, like what kind of what kind of projects Creative projects It's like stuff on the internet. I build apps Now we're still in a closed better

I'm sorry, so we're not public yet, but I can let you know when we've launched or something Is that is that on Facebook? Now it's not if it's gonna be everywhere Okay, but let's not talk about business Okay, yeah, what do you do for fun

so I'm I Go skiing after this. I'm gonna be in Manila I've got a business thing and then we're gonna go sailing down down the coast and it should be a lot of a lot Of fun. Yeah. Yeah and you Berlin I go to

Exhibitions Conferences republicas conference I pretty much go to every year. Is that like Republican or is that it's Republica? Do you have animals Yeah, I've got a dog. Yeah. Yeah, it's all yeah

I've basically I got cats, but I just see him like online like constantly on Facebook Okay, so this is a really really boring conversation that could happen Very well happened if someone who just like yourselves goes to a conference like this Were to come to Kuala Lumpur and go to global to the global economic symposium

I'm not saying that you would you might have a really interesting conversation, but there might also be a missed opportunity I work for a conference which brings together what we call thought leaders from the academic field from From NGOs and also a lot of things called family offices

In case you just don't know and for those of you who do I'm sorry for you know I'm telling you something you already know a family office is a small private bank, which normally has about a billion dollars in assets And one of the insights that I've had since starting to work at the global economic symposium a few months ago

Is that these family offices actually really want to invest in businesses that they believe in this might sound like a cliche You know, we want to change the world with our money and we want to do something that gives back to the community And make no mistake, I mean it's about the bottom line at the end of the day But they're tired of investing in the stock market because they don't trust it anymore and they haven't trusted it for a while

But they don't really see an alternative So What we're trying to do at this year's global economic symposium, which has been running since 2008 was founded in keel by the Institute for the world economy Is we're trying to bring these two groups together and we're trying to create dialogue

I'm basically you in case you haven't noticed due to my great acting and I'm and I'm definitely not a billionaire But I'm playing one in this in this instant. So What we're here to do today is Instead of trying to understand how we can create a proper dialogue between let's say young entrepreneurs

people in the tech sphere and You know these billionaires or family offices or private banks or investment firms Who actually have the capital to make your businesses run and to make you know real change in the world? Whatever that is, even if that's even if that's affecting 500 people in some village. You've never heard of

We want to figure out what that dialogue is going to be or at least how we're going to structure it So that it's a real proper dialogue And today we're actually going to ask for your help in doing that As who are we to know the solution right exactly there's Everyone who is not at such a Lobo is basically here. So a lot of smart brains and

We want to leverage you guys exactly So and what we thought we do is we're gonna have this super interactive workshop and then we discovered Oh, we're in a place with headphones where we can actually hear each other. It's pretty dark

You probably can't even see each other So so we thought we'd really embrace the theme of this year's this year's Republica and go into the wild with this workshop. So The first thing that we're gonna start to do now and I know you're gonna hate it because it involves now No more lean back. It's gonna be some interactive stuff that you hopefully

You probably hope that wouldn't happen, but it's gonna happen. So what we're gonna do is we're gonna form some groups How many people are we I would guess it's four thousand It's four thousand people in the other room and it's about Thirty but we got the right people whoever is in this room. It's the right people to solve the global challenges, right?

Exactly or to create the framework for it, which is really what we're here to do. So So and I'm just gonna add one more thing. Sorry Jonathan is that this is actually gonna happen I mean this this conference is taking place September 6 to 8th and there will be a space for young entrepreneurs to meet billionaires and to meet other people with the investment potential of Upwards of two trillion dollars So this is this is actually an initiative where we're not just inviting

Not that there's anything wrong with the young global leaders or the global shapers But we're not just inviting people who are sorry who are part of who are part of that organization But it's really being opened up to the public and we're trying to do this more and more every year So so please keep this in mind well, this is happening that that this is going to happen and this is something that you really can participate in and

Before we're gonna like dive into the challenge the great thing at conferences, I don't know this Republika qualify as a conference. It's an it's an unconference. It's a community gathering right? It's not only conference but the great thing about Those conferences is that you find like-minded people who you share something in common with

So we want to give you this opportunity to actually find some like-minded people around one commonality Okay, and for that I'm just gonna ask you a couple of questions and And you're just gonna raise your hand and then I'm gonna coordinate getting you in groups and you're gonna keep your headphones on and

We'll explain what happens next. It's as easy as that bear with us Okay, so who of you Has gonna be and consciously on a digital detox as in Switching off your phone switching off all your device consciously for at least three days in a row who's done it in the past two years

All right, all right, there we go one two three four, all right, let's come here all right over here The next group that's gonna be a tough one Who doesn't have a smartphone in this group?

One two one two three. All right. Let's go over this corner right up here Okay, who of you didn't pay to get in at Republica who's like of who's a cheap ass Who got a free ticket here?

big group All right, pick one let's let's do right here in the middle one two three four You people know each other. Do you know each other? Yeah, okay. So you're not together one two one two three four five right here in this in the side

Okay next group If someone asks you so what do you do who would say um, I I work on projects I'm kind of like freelancing All right If you're already part of a group, thank you very much, but but those people who just raised it. It's not a group

It's just okay. So keep your hands raised. You all have jobs. This is exercise Okay, who has never tasted a club matter before? Alright, so we have three four. That's a good Wow. Alright, so let's let's put let's put everyone over here

Okay, who of you remaining people who still wants to change the world Really? That's so good. Okay, pick some. Okay, let's go. Let's go one the young lady the gentleman the gentleman and the lady

Not you sir the lady back there. Okay, who's ever actually completed not Taking part, but who's actually ever completed in an online education course a MOOC a MOOC what they call it We did it. All right, that's one two three All right. Why don't you come up here? Right in front of the podium

Jonathan I'm running out of questions Who's already met a person here at Republica who you've previously seen on tinder, don't be shy Okay, it's everyone but it's okay. We'll not publicly disclose that Who's still part of

Let's say one of the big churches a Protestant or Catholic Church All right. All right. So let's take the two of you up here and then we're gonna add can we put yeah We're gonna we're gonna mingle you with a different group Who's ever danced to Abba Abba that famous Swedish band that

Come on, be honest Okay, the other people are gonna join the church people, all right, so you're gonna Abba in the church people you're gonna join together That's a that's match made in heaven that is

Okay, now we have how many we have left we have one two, three, four five six seven Be a team player now It's seven people. Okay, and your challenge is gonna be you will have to figure out What the hell on earth you have in common if you don't have anything of the other seven companies So you agree? All right, so the groups who are together right now

Why don't you bunch together so we can see so we can see that it's not just a straight line Remember remember here in the groups with let's huddle. It's like football. I know you don't watch that in this country Let the leftovers are gonna gather here. Yeah, and the leftovers are gonna be right here. Okay? Wonderful. All right. So while they're getting up here, we'll explain what your task actually involves

Which I'm sure you're chomping at the bit to know Okay, now it's 1745 in German zips in or from from fierces It's a quarter to six what we are now gonna do is since I know it's a great sacrifice that you're not with Sasha Lobo

basically Explaining the world. So what we what we allow you to do is we're gonna do As it raised we're gonna do it. We're gonna do it Chinese brainstorming. That means we're gonna go out there and You're gonna get the inspiration and the solutions for the for the challenge that we're gonna outline again

And you can you can go from outside exactly so you can go bother people in line for coffee You can go and listen in other sessions You can go outside and talk to people eating sausages and you can ask them if you were in a room with a billionaire What would you want to talk about and how would you want that day to be structured? You know and and then you gather that information

Eavesdrop on people just go and stand right next to them and don't talk to them Like your head right this look for the richest people here at Republica and shadow them and like get a glimpse on what is it that they care about and Because yet again the challenge is the 50 billionaires and 50 people like us like

50 Republicans if we have one day together in Kuala Lumpur What would be the smartest thing on earth that we could be doing within those 24 hours? We only have this one day the one big chance, but we have no clue what we should actually do there And this is gonna what you will figure out in the next

Let's say in the next 25 Yes 20 okay, we're gonna meet here at 606. That's acting was X. Yeah, so this is This is roughly 17 minutes, this is this is 19 minutes according to my watch

We're gonna meet here at 606 you're gonna have about five minutes to have an intense discussion with each other and talk about What you would what you gathered as a group and what you're going to talk about and then one person is gonna present in One minute what your solution for that day would be Alright, and is the challenge and it is okay if you drop out of the group and just like, you know

sneak out and Whatever do the rest but it means that you really don't care about solving hunger and education and health care So, please stay in the group and it's a great opportunity to meet people and we Please keep your headphones on because that way we can be inside of your head please come back at

606 and and if you leave your group, this is still an option just like be so polite and tell the other people hi I don't really give a shit about the global challenges So I'm gonna depart the group and you own your own that's perfectly fine, but just communicate to each other. Okay. All right Awesome, so go my lovelies at

606 606 we're gonna meet back here and you are full of inspiration of what to do with the billionaires and with Republicans See you in a bit. All right All right. All right

Oh Okay, so we're gonna ask is in what context

If I want them to give me money

Okay, so one thing Hi So we have in this conference I'm conference about how to solve global economic problems and there are many billionaires. How would you? pitch an idea to them in what context

Is that with you? I'd probably well see I'm working on this thing about trying to engage creative networks worldwide So I would take them to a creative network and have them sit at a desk and work with us for a day I mean, maybe it's not the best idea in the world Okay, but that's what you want to ask and then ask three people and then put it all together I think my answer would be depends on the

Solution that you want to pitch sure definitely, but it's but there could be the question is do you meet them on their terms? There's always the issue of are they going to be comfortable with her kind or are they? Will you adjust

Them to adjust Or, you know should it should the conversation be with a lot of people or should be a lot of one-on-one How does it work how would you

Go explore

Hello, can you hear me?

Yes

Hi, Jonathan. It's 607 already 607 those non Germans 607 all right for those of you who have their headphones on already for those of you who have their headphones on already

Talk with your group if you haven't already done this Take all the ideas that you found out in the wild try and find the commonalities of thematic similarities Etc etc and try and come up with Something that the billionaires and the Republicans not those Republicans

But these Republicans can do for a day for 24 hours We're gonna repeat this in a second as more people get their head. Yes, Jonathan. Why don't we why don't you repeat it? headphones on

Okay headphones on All right everyone take a seat with your group Please come close to the front. We're all friends here now You've shared your dirty secrets that means we are one big family here one big family who sang that we are family

We are my brothers to me Okay, that's gonna be After Jonathan is officially a dancer like he made this whole thing up with the keel symposium You can see him on stage one at

707 Doing the upper church dance. I told you I shouldn't have worn the bow tie. Okay. All right Let's come back to the big challenges in this world So if you haven't already done so has everyone spoken amongst yourselves and come up with something to present in one minute Yes, no, no give us who's who's ready to present right to pitch an idea of what billionaires do with Republicans

Okay, I'm not getting a lot of enthusiastic hands. So take Three minutes three minutes takes three minutes to speak amongst yourselves vigorously and come up with one way that you're gonna present in one minute and

This is not a fictional thing. Those people are going to get together on September 6th And we want you to be a part of the further process. So You figure out in the next three minutes What's your proposal if those 50 billionaires and those 50 of us meet and then we're gonna ask

One person in each group to briefly pitch the idea Somehow like here on stage bet we'll figure that out. So yeah, exactly minutes. Oh and go

Yes, talk to each other if any of you are unclear of the task Please raise your hand and I can come and talk to you. But yeah, okay

So essentially you just want to take a few minutes Combine everything that you found out in the wild And if there's a thematic

Similarity there and then that's what you present It could be that you have to you have to meet people on their own turf It could be that they're there needs to be a lot of balloons

So it's whatever you think is the best way for these two types of people to meet for 24 hours Right, so trying to still them down into

One minute one minute, okay

Headphones on time is up We look like here we end this silent disco, I know except no one is dancing it's kind of sad. Oh Well, okay So Jonathan is gonna go around with a microphone and come up to the group and please identify yourself

What the group's thematic element was what you had in common and then your solution for the 24 hours? Okay. All right. What was your commonality? What do you have in common? Oh The cheap asses who's who sneak their way into Republic are for free there by the way, they're sitting here you can talk to them

Okay, so what's your pitch? What should the billionaires do with the Republicans if they have one day and call a loop? You're gonna pitch okay, so basically what we find found out is

Okay, we lost the rest of the group but five people over here and what we've actually gathered is the fact that you need to Make it appear that there are humans interacting and it's it's a complete human interaction So this you don't see the social stratification between a billionaire and an entrepreneur. So you put them bring them together And the first thing that they need to do is probably involve in some sort of storytelling

So it could be about their aspirations maybe how they made the wealth or About their deepest fears or some sort of happy moments and then curated for the rest of the group that allows people to Sort of pick up personal liking or you know some sort of personal orientation with the person and then the second thing we found out

Is that a lot of entrepreneurs are scared of the fact that their projects could be hijacked by potential investors So what do you of how you overcome that problem is basically try to involve people in co-creation of the project So it could be on thematic lines like business health education Whatever they have the expertise in and then the entrepreneurs would of course come up with their own pitch

Which could be put up on the website from before people could brainstorm on it But once you put them in the room, they need to actually develop the instruments or the means of operation for that project What are the delivery? What are the deliverables? What's the timeline? How would the billionaire so we cut off that label as billionaire?

He's also co-created and they take They take joint responsibility mutual ownership of the risks as well as the opportunities That's what we found. Thank you Thanks, you've deserved your free ticket at Republica

We're moving to the next group could I still guess what you guys have in common? No, okay, you're gonna tell me we all have smartphones that was one thing and we don't dance to other we just stand in the corner and Do the head shaking part? Okay, great and what are those billionaires slash co-creators and the Republicans are gonna do who okay, it's cute

Well, our idea is not that far developed. I think but We actually we thought about speed dating Speed dating as the format how they could meet but now as you said there are 50 of each group

So you might want to build smaller groups of each part Common interests and just speed date in a smaller group But yes speed taking was the format that we've thought about Was a good I would call a good idea

Thanks, and it's it's easy to prototype just find After our five rich five people that look like they have a lot of money and you can prototype it probably even tonight Yeah, let's see if it works so next group

What do you have in common? We all did online courses Yeah, Wow the and you actually any vicious people who've completed online courses You don't have to tell us if you passed but you finished them. Yeah, okay. Okay, you smartasses. What what did you figure out?

Okay, our ideas are a bit similar with the first group and we talked about that to create this mutual ownership and so on And all these people I mean the entrepreneurs and you know the people with the money they all want to change the world together So they should go out of this packing conference and go on Journeys together basically on in pairs and develop these ideas

develop these ideas together how they want to change it and how what they can give in there and And go to places in Kuala Lumpur, which are you know kind of related to the topic? Maybe to some social center or to some forest which is or whatever

In the field they want to work with also to get you know, some ideas and impressions, you know from Kuala Lumpur itself so they they can being in a really activating environment where they can do something and And also to do this We also thought about before kind of some clustering in a way to find out in which areas

You know the people are interested in to change the world So this can be done in the conference But I mean as fast as possible get the people out there because such a conference is not really activating and inspiring Awesome, thanks a lot Jonathan is taking notes Are you a group a small group what are you in common you two we have a 5% who don't have a smartphone

And don't get interrupted every five minutes. Okay, sir You must have you must have spent amazingly productive 60 minutes out there. What did you come up with?

So the first and so often is it always depends So the first thing it is always It depends on the problem, right? So like if it is a medical problem, there would be different Context and if it is a social problem How to approach people who to approach and these sort of things that was a first person that was what what's the first person said

The second thing is it also depends on the person, right? So You should like having an environment that it's like doesn't suit the person is not really nice But if you ask them like what do you actually like do you like paragliding like golfing? Do you I don't know some people there?

I read the person about investor who always goes biking with people who pitch because then you can do something you like and they can still pitch it and Yeah, so that's the second thing the third thing is Then we found another friend of mine and asked what would you do and she was like well give them something They normally don't have because actually they do have everything and then I remembered the story I was in Dubai once and I met this guy in McDonald's and I started talking to him and I was like well

I'm just here I'm couch surfing these sort of things and he was like I would love to be this thing But I never I never find the time or the engagement I always end up at these like five star hotels that are really boring They're everywhere the same, but I never break out of the circle I would really love to do this and then you ask me for tips and like I made him account and everything

so there's always something even Investors and billionaires want to have but they never really have the resources to do this So this would be a nice thing to actually give them something they don't have and then you can pitch it at the same Time then you have a good experience and it makes it more likely do then we want to add something And the last thing is that we don't want the billionaires to think that they are we only need them for their money

We want them to be part of the solution We want them to be engaged in the projects and to find the solution for the project to be Engaged with the entrepreneur to maybe even help the entrepreneur get business opportunities and sell the product That's great. Great. Thanks a lot. Wonderful

So what was your what was your common theme here I'm not having a cell phone for a couple days stepping out of the digital detox. Yeah Yeah

It depends Just I guess I'm yeah we met up and then we we decided we would go off on our own to try to get more ideas and then I Was still out talking to people and so I missed though like debrief we had as a group so and I interpreted it very differently but um

Like I but I don't want to maybe the group can speak first and then I'm you are the group Okay, basically We decided that the best way to approach the future with these entrepreneurs was to pick their brains on how to revamp

Educational systems and a non-hierarchical hierarchical way so Re-emphasizing arts in schools and looking for their investment in this way But figure out a way to capitalize on that so they can find return on investment through a hat a flat Educational system and allowing them to get back down to earth with us

Bring them back into their childhood and have them deliver lectures to young children Have them deliver lectures to young high schoolers who are at risk so they can get a better Perspective of the world that they helped create in the world that is coming up today, so we thought that was very important That's great, and I could actually picture. That's feasible in Kuala Lumpur

Thanks a lot Have we are you covered already? Okay, where who are we missing down over here right and over here. Well. Okay. We have to be louder What did you have in common?

Dance to Abba and a part of the church can you can you give us a sneak preview of how you dance to Abba? Now we do that later first chair first chair with us what you've sucked from outside, and I'll sharing with us So I mean we thought it was quite important

To work on breaking down the symmetry you have between those different types of groups Yeah, I mean informational asymmetry, but also in terms of social stratification as some of the other groups have already mentioned and Here on the one hand we thought it would be important to allow people to prepare adequately

I mean in that context we thought about sharing backgrounds Or sometimes if possible. I mean it's going to be difficult with the billionaires also contacts Or the challenges that people are facing with the group Organizing the event along the line and on along the lines of themes yeah, or maybe

You could do that via sessions for example. Yeah But also at the same time sort of keep it flexible. I mean mix formal and informal for example We had the idea of having an open space where people could get together and sort of have the chance encounters that that don't ruin the potential of serendipity that you have when you get this kind of

Randomize the meeting process yes, yes then At the other hand I mean regarding social stratification We thought we definitely should go move beyond this pitch thing here and also think in terms of partnerships. Yeah

Start with the idea. Maybe that investors have to offer much more than simply money I mean, but also experience that the questions they are asking can actually help I mean social entrepreneurs to further develop their ideas Yeah, and then you have a completely different situation. Yeah

So this is a lot of ideas. Yeah, well then finally we have follow-up Yeah, I mean you should think about how you are going to organize follow-up. Yeah, so that it is Yeah, keep the momentum. Okay great. I think we have two groups left. Yeah What's this public secret of you people here

We still believe in changing the world as possible I Love it already. Okay. So what are the billionaires gonna do with the Republicans? The billionaires were the Republicans the challenge we are facing and that is that we don't know. What is the idea? What is the motivation of each group?

Coming to the global economic symposium. So what we have to figure out and this is the challenge is the individual Contact to what so we have to moderate it in a way to get different aisles of

Topics That fit together once by the givers the billionaires and and the other group by the takers And in the second step this groups join together and we have two problems The problem is all the people there know what they want to do, but they don't know exactly

How so and they have on the one step? They must have the opportunity to choose the topic and on the other hand They have to figure out by themselves what they say and what they want. So in this groups in this

topic groups, they have the chance to To get an view on the ideas of the entrepreneurs there and the entrepreneurs have the opportunity to To look which billionaire is from its individuality Joining to it. So instead of grouping around around status or position they're grouping around interest field of interest exactly

And at the end they have the possibility to get together All right, who's left in the middle the leftovers you are sort of do we still have the leftovers They left

That's you. Okay, apparently nobody wants No, we're not the leftovers. We're the club mate Non-believers or whatever tasters So we got different impressions from outside from a couple people

The the biggest thing that we learned is that it must be interesting It must be interesting like when you started with your with your discussion, that's not interesting So neither to the entrepreneur, but he will stay because he needs money But the other one will not because he says I have money. I need an interesting idea So one guy said and I think that's very true

He said first of all, you should you make my might think of a pre selection of the entrepreneurs So you don't want don't want to have the copycats over there So the guys that said oh, I've seen linkedin works pretty well in America. Oh, yeah I'm gonna do the same thing in Germany That's probably not what you want to have there So you you want to have a look at the ideas before you invite the 50 entrepreneurs?

That the the second thing that we learned is it's all about people so it must be about Getting people together and I think we didn't develop an idea how to do this because we I would say it's it's actually not Really necessary to think about that as long as you get the people together and you have interesting people over there It'll work whether it's speed dating or grouping them or whatever

and the third thing and I think that's essential and not only for that but I've been to a lot of conferences and the best things you do in coffee breaks and Even better afterwards when there's lots of alcohol involved Maybe not that much but I think billionaires are just people so they they like and they drink something

And they like to socialize in an informal way when it's not about kind of like business So you want to make room for for breaks for when people kind of can just get out get a coffee Get get a piece of cake or whatever and and then they they start socializing and that's that's important I think and then people will automatically group together. I

Get it less matter more beer That's it. Perfect This is this is wonderful, I mean, I really can't thank you all enough for being here today But as I mentioned before it's not over. I mean technically it's over in 30 seconds, but

Talk to me afterward, please if you want to be involved at this year's GES it's a Really long road to get there and it's also an incredibly short amount of time before September 6 rolls around we have a lot of brainstorming to do and we have a lot of A lot of you know creation of how these processes are going to work So thank you so much for coming and please come say hi afterward if you're interested in making, you know, real global change

Thanks, and if and I thank you for me also because we wanted to do something else with you And then we walked in the room and said and saw like, okay It's not gonna work. All the people have headphones on so we basically structured that session ten minutes ahead and thanks for bearing with us and I know like how this

How we got to do some some interactive stuff feels like especially in the afternoon Thanks a lot that you were a part of it and make use of that Opportunity because the billionaires are gonna go show up and we don't want them to be alone. Thanks a lot Enjoy the rest of Republica