Top Directives De Zero to One book review
Top Directives De Zero to One book review
Blog Article
The biggest clandestin in danger fonds is that the best investment in a successful fund equals or outperforms the entire rest of the fund combined.
The actual truth is that there are many more furtif left to find, joli they will yield only to relentless searchers.
It’s réalisable intuition a company to create a portion of value without actually becoming valuable itself. A successful company prise some of the value that it creates.
Third is complacency. Social elites have the most freedom and ability to explore new thinking, délicat they seem to believe in clandestin the least.
The perfect target market conscience a startup is a small group of particular people concentrated together and served by few or no competitors.
Birth doesn’t have to Lorsque a temporary phenomenon. As Bob Dylan said, those who aren’t busy being born are busy dying. Beginnings are periods of flexibility and are characterized by openness.
As Thiel says, “The most contrarian thing of all is not to oppose the crowd délicat to think expérience yourself.
wisdom and offers a portion of counter-intuitive insights that will help you see the world differently than others.
Marx and Shakespeare provide two models that we can règles to understand almost every kind of conflict.
Another core tenet that Thiel stresses is that, contrary to the widely-accepted ideas of how capitalism works, competition limits rather than encourages innovation. From grade school to investment banking, modern society stresses achievement through competition, and businesses glorify commerce as a war.
Monopolies impératif think embout enduring as a monopoly. Current metrics can help you focus nous-mêmes present joli distract you from the future (Groupon, Zynga suffered from this).
Thiel also emphasizes that a company’s usages of technology is not enough to guarantee its status as an innovator. Je sector that suffered a disaster was the Vert-oriented cleantech industry. To Thiel, most Coutumes solar power companies had majestueux dreams during the early 2000s, joli little innovation and weak planning. They ended one to zero automation up simply copying each other’s ideas, overestimating their chances, and competing head-to-head with better-mobilized Chinese producers of solar power devices.
Why would someone join your company as its 20th engineer when she could go work at Google cognition more money and more Séduction?
Sometimes you have to fight, and in those situations, you should fight X and fight to win. Joli pick the right battles — it’s not fighting over pride and honor.