Go Unlimited with Magzter GOLD

Go Unlimited with Magzter GOLD

Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just

$149.99
 
$74.99/Year

Try GOLD - Free

THE CRYSTAL SUPERBALL

Entrepreneur

|

December 2021

Want to know the future? Meet an elite team of forecasters who have turned future-gazing into a science (and you can even steal a few of their tricks).

- LIZ BRODY

THE CRYSTAL SUPERBALL

Before January 1, 2022, will the United States Olympic Committee announce that it is boycotting the 2022 Olympics?

I am in a virtual workshop that will test my abilities to forecast the future, and I have 10 seconds to answer. I’m scanning my brain. (Simone Biles, not relevant. Moscow, 1980, yes. Uyghurs?) But time’s up. I guess 20 percent. Then it’s on to the next questions: What is the probability the U.S. will regulate cryptocurrencies on the stock market by January 2023? Will China attempt to take Taiwan over the next five years? How big is the surface area of the Mediterranean Sea in square kilometers?

“I bet you didn’t wake up thinking you had to answer that question today,” says Warren Hatch, who is co-leading this workshop.

There are about 12 of us taking this training, including a guy from the Department of Defense. Over the next two days, we scratch our heads, trade bits of insight, try to shed our cognitive biases (more on that later), and see if we have the chops for predicting things professionally. I am definitely out, but I suspect a couple in this group qualify. Those who do will be a step closer to gaining an elite, though geeky, kind of status: It’s called a “superforecaster.” And if you are one, you can join the global network of über predictors, the best of the best, who work with the company that arranged this workshop in the first place. It is called Good Judgment. Hatch is its CEO.

MORE STORIES FROM Entrepreneur

Entrepreneur US

Entrepreneur US

Why Junk Removal Is Booming

As e-commerce grows, so do our garbage piles.

time to read

2 mins

November - December 2025

Entrepreneur US

Entrepreneur US

10 Hottest Trends in Franchising Today

Good news: You can buy a brand in the hottest categories! We list 600 of them.

time to read

1 mins

November - December 2025

Entrepreneur US

Entrepreneur US

How to Hire the Perfect Employee in 6 Steps

Founders are often terrible at hiring. We have 40 years' worth of data on how to do it right.

time to read

7 mins

November - December 2025

Entrepreneur US

Entrepreneur US

HOW TO RAISE MONEY IN AN AI-OBSESSED WORLD

If you're building an AI company, the fundraising rules have shifted. Here's what it takes to succeed.

time to read

2 mins

November - December 2025

Entrepreneur US

Entrepreneur US

Reinventing the Flower Shop

French Florist was once a struggling florist shop in Los Angeles. Here's how it transformed into an innovative franchise that's taking on the industry.

time to read

3 mins

November - December 2025

Entrepreneur US

Entrepreneur US

Why Personal Care Is Booming

It's on people's minds, and good for the bottom line.

time to read

2 mins

November - December 2025

Entrepreneur US

Entrepreneur US

Why Pet Franchises Are Booming

Our relationships with our pets are changing.

time to read

2 mins

November - December 2025

Entrepreneur US

Entrepreneur US

THINK OUTSIDE THE BUBBLE

As an investor in emerging markets, George Rzepecki looks for opportunities—and founders—that don't fit the Silicon Valley mold.

time to read

2 mins

November - December 2025

Entrepreneur US

Entrepreneur US

The Top Franchises for Veterans

If you've served in the military, these 150 franchise brands really want you!

time to read

1 mins

November - December 2025

Entrepreneur US

Entrepreneur US

Why I Keep Hiring the Same People

I'm a serial entrepreneur, and I owe my success to keeping my team consistent-from company to company.

time to read

2 mins

November - December 2025

Translate

Share

-
+

Change font size