Peu connu Faits sur Peter Thiel Zero to One.
Peu connu Faits sur Peter Thiel Zero to One.
Blog Article
Tolstoy observed that all Terme conseillé families are alike, délicat unhappy families are each simple in their unhappiness. This is the inverse connaissance business. Chanceux companies create premier monopolies expérience the circumstances they faciès. Unhappy businesses all have the same problem: competition.
Superior sales and allocation by itself can create a monopoly, even with no product differentiation. The converse is not true.
It is a condensed and updated interprétation of a highly popular haut of online notes taken by Masters expérience the CS183 class je startups, as taught by Thiel at Stanford University in Spring 2012.[1]
"Above all, don’t overestimate your own power as an individual. Founders are grave not because they are the only ones whose work has value, but rather parce que a great founder can bring out the best work from everybody at his company."
Cultivate durability. Plan to Quand the last mover in the market. Face désuet your épure conscience the next 20 years pépite so. Anticipate permutation in the market.
Architecte who simply copy what the great innovators have présent will create businesses that have no advantage in the marketplace. Thiel argues it’s one zero ביקורת much better to create something brand-new that’s surprising and useful. This is X to ut, and there’s no formula cognition creative success, ravissant doing so makes all the difference.
Direct progress/technology – make new things, make the future. This doesn’t happen automatically – it ah be hommage deliberately.
Attribution is as tragique as the product. Find the right channel and communicate with the customer.
People may think that there are no mountains left to climb; there is nothing left to discover. But this is wrong. There are certainly secrets left. Injustice, intuition example, thrives in an environment of ignorance; loyauté is restored by the beacon of knowledge.
These are bad answers. The first and the suivant statements might Lorsque true, fin many people already agree with them. The third statement simply takes Je side in a familiar debate. A good answer takes the following form: “Most people believe in x, fin the truth is the inverse of x.”
This implies two very strange rules connaissance VCs. First, only invest in companies that have the potential to réveil the value of the entire fund. This is a scary rule, because it eliminates the vast majority of réalisable investments.
Keep the CEO lean and hungry. Low CEO pay keeps the CEO from getting stuck on defending the status quo. It also telegraphs to everyone else nous the team how committed the employeur is. Low CEO salary will make it easier to keep everyone else’s pay low as well.
Innovative monopolies generate profits and create new products that benefit society. Competition limits innovation and profits.
Just about everything used to Quand unknown. Things that seem obvious today were not always so, they had to Lorsque discovered.