book site: Zero to One
Zero to One: Notes on Startups, or How to Build the Future Audiobook | Peter Thiel, Blake Masters | Audible.com
"Doing what someone else already knows how to do takes the world from 1 to n, adding more of something familiar. But when you do something new, you go from 0 to 1. The next Bill Gates will not build an operating system. The next Larry Page or Sergey Brin won’t make a search engine. Tomorrow’s champions will not win by competing ruthlessly in today’s marketplace. They will escape competition altogether, because their businesses will be unique. "
Zero to One: What You Can Learn From Peter Thiel's Philosophy of Progress | OPEN Forum
Don’t waste time competing with others. Instead, do something new and valuable and unique—there’s plenty left to do. ... we can build a better future, and you can build a great business—but only if you believe that that's possible and work relentlessly to make it happen."
Don’t waste time competing with others. Instead, do something new and valuable and unique—there’s plenty left to do. ... we can build a better future, and you can build a great business—but only if you believe that that's possible and work relentlessly to make it happen."
- Rule #1: Build Proprietary Technology That Is 10x Better
- Rule #2: Look For Network Effects
- Rule #3: Create Economies of Scale
- Rule #4: Build A Strong Brand
Peter Thiel: Competition Is for Losers - WSJ
"Tolstoy famously opens "Anna Karenina" by observing: "All happy families are alike; each unhappy family is unhappy in its own way." Business is the opposite. All happy companies are different: Each one earns a monopoly by solving a unique problem. All failed companies are the same: They failed to escape competition."
Peter Thiel on the Power of Counterintuitive Thinking
"Business thinking today:
"Tolstoy famously opens "Anna Karenina" by observing: "All happy families are alike; each unhappy family is unhappy in its own way." Business is the opposite. All happy companies are different: Each one earns a monopoly by solving a unique problem. All failed companies are the same: They failed to escape competition."
Peter Thiel on the Power of Counterintuitive Thinking
"Business thinking today:
- Make incremental advances.
- Stay lean and flexible.
- Improve on the competition.
- Focus on products, not sales.
- It is better to risk boldness than triviality.
- A bad plan is better than no plan.
- Competitive markets destroy profits.
- Sales matters just as much as profit."
