Saturday, January 17, 2015

Zero to One: 7 key questions for innovation

image/svg+xml Engineeringbreaktrough vs. incrementaltechnology? Timing is now the right time? Monopoly starting with a big share of a small market? People do you have the right team? Distribution do you have a way to deliver your product? Durabilitywill position be defensible for 10 – 20 years? Secret unique opportunity that others don’t see? Zero to One: 7 key questions
Peter Thiel: Seven Surprising Keys To Market-Creating Innovation
"In his book, Zero to One, serial entrepreneur Peter Thiel offers seven—sometimes surprising– tools for doing just that. They are what he calls, “the seven questions that every market-creating business must answer.”

  1. The Engineering Question:
    Do you have a breakthrough technology? (vs.incremental)
  2. The Timing Question:
    Is your timing right?
  3. The Monopoly Question:
    Are you starting with a big share of a small market?
  4. The People Question: Do you have the right team?
  5. The Distribution Question: Do you have a way to deliver your product?
  6. The Durability Question:
    Will position be defensible for 10 – 20 years?
  7. The Secret Question:
    Have you identified a unique opportunity that others don’t see?


Zero to One book site




Seven Questions that Every Business Must Answer – (from Peter Thiel, Zero to One) « First Friday Book Synopsis

Peter Thiel Talks About the Day Mark Zuckerberg Turned Down Yahoo's $1 Billion | Inc.com
"The most important moment in the history of Facebook occurred in July 2006...
Facebook was just two years old... making $30 million in revenue, it was not profitable...
received an acquisition offer from Yahoo for $1 billion,"

...Zuckerberg: "This is kind of a formality, just a quick board meeting, it shouldn't take more than 10 minutes. We're obviously not going to sell here... I don't know what I could do with the money. I'd just start another social networking site. I kind of like the one I already have."
"[Yahoo] had no definitive idea about the future. They did not properly value things that did not yet exist so they were therefore undervaluing the business."
Quote Details: George Bernard Shaw: The reasonable man adapts... - The Quotations Page
"The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.
George Bernard Shaw,"

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