Get All Access for $5/mo

How to Thrive During Civilization 3.0 A co-owner and chairman of the Sacramento Kings discusses what it means to have an "informational edge" and operate a business with an empathetic mindset.

By David Meltzer

Opinions expressed by Entrepreneur contributors are their own.

Vivek Ranadivé is a co-owner and the chairman of the Sacramento Kings basketball team and author of The Two-Second Advantage. Ranadivé talks with #ThePlaybook host David Meltzer about his path to success, what he describes as "Civilization 3.0" and how doing the right thing is good for business.

Ranadivé summarizes his professional rise, beginning with hearing the broadcast of the moon landing while he was a child in Bombay, to arriving in Boston to attend MIT with only $50 in his pocket and ultimately building businesses as an entrepreneur. He talks about how his interest in basketball started with coaching his daughter's team and led him to a role as co-owner and chairman of the Kings.

Ranadivé talks Civilization 3.0 which he describes as the age of information and service. He talks about the importance of skillsets that include empathy and connecting with others, as these are human traits that computers and machines don't have.

Ranadivé talks about the "informational edge," explaining that a little bit of information beforehand is more valuable than all the information in the world after the fact. He also talks about the local programs the Kings organization pursues to enhance the community, including publicly embracing the Black Lives Matter movement and hosting events bringing together inner-city Sacramentans and police.

Related: Have the Capacity to Meet Demand

David Meltzer

Co-Founder of Sports 1 Marketing, Speaker, Author and Business Coach

David Meltzer, co-founder of Sports 1 Marketing and host of Entrepreneur's podcast, “The Playbook”, is a Top 100 Business Coach, global public speaker and three-time international best-selling author who has been honored by Variety as “Sports Humanitarian of the Year”.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Management

Why Business Owners Should Mix Strategy with Hands-On Involvement

Conventional wisdom says to work on the business, not in the business. That sounds like good advice, but is there more to it? Yes, and finding the balance is key to entrepreneurial success.

Fundraising

Working Remote? These Are the Biggest Dos and Don'ts of Video Conferencing

As more and more businesses go remote, these are ways to be more effective and efficient on conference calls.

Growing a Business

The Best Way to Run a Business Meeting

All too often, meetings run longer than they should and fail to keep attendees engaged. Here's how to run a meeting the right way.

Starting a Business

How to Find the Right Programmers: A Brief Guideline for Startup Founders

For startup founders under a plethora of challenges like timing, investors and changing market demand, it is extremely hard to hire programmers who can deliver.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Growing a Business

You Need an Advisory Team More Than Ever. Here's Why — and How to Run One Effectively.

The right advice, particularly in a company's early stages, can be an existential matter: how to surround yourself with the right minds.