In 1980, during my sophomore year at MIT, I realized that the school didn't have a student space organization. I made posters for a group I called Students for the Exploration and Development of Space and put them up all over campus. Thirty-five people showed up. It was the first thing I ever organized, and it took off!

The thing about frontiers, it allows the individuals who are best, whether they're men or women or minorities or whatever, to step to the top. So in traditional societies, old world societies, in the United Kingdom if you would; if you were born into the right stratus, the right class, you had the ability to succeed.

What is grit? Grit is refusing to give up. It's persistence. It's making your own luck.

If you believe that the developing world deserves the same standards of living that we do in the developed world, then to achieve that, they need resources. They need the metals and the minerals to build the industries and the buildings and so forth, and the energy.

I ended up realizing that NASA was unlikely to get me into space, or get me to the moon or beyond, and I needed some other way to drive this.

I think people are dreaming big because they have the tools to dream big. I hope that people are dreaming big because it makes them feel good about their lives.

During the next 50 years, in countless cycles, in countless entrepreneurial companies, this let's just go and do it mentality will help us finally get off the planet and irreversibly open the space frontier. The capital and tools are finally being placed into the hands of those willing to risk, willing to fail, willing to follow the dreams.