The first precis ;-)

The link to the Ted's talk:
Steve Jobs: How to live before you die

The vocabulary bank: 

~to drop out of (college) - to end a university or school before your course has finished

E.g.
Tom dropped out of high school when he was 17.
Kate can't even imagine dropping out of the university.

~unwed - not married

E.g.
His mother was unwed woman.

~to diverge - if two things diverge, they started to develop in opposite ways

E.g.
Tom's views diverged from Kate's.
We started to diverge in basic things.

~entrepreneur - someone who set up a new business to make money

E.g.

Kate is an entrepreneur who is not afraid of being a bankrupt.

There are more and more entrepreneurs nowadays.

~pancreas - a gland inside the body, near the stomach, which produces insulin and enzymes 

E.g. 

Tom was diagnosed with pancreas cancer.

The pancreas is very important organ of our body. 

~sedate - means calm, serious and formal

E.g.

Tom was sedated when he was proposing to Kate.

The atmosphere at the party was rather sedated.