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German-American Entrepreneur Peter Andreas Thiel is the CEO of Paypal (which he co-founded with Max Levchin and Elon Musk), and the Chairman of Palantir. He is also a Venture Capitalist and a Hedge Fund Manager.
Stanford graduate Blake Masters, is an Entrepreneur and the co author of Zero to One. In addition to being a lawyer and a Cross Fitter, Masters is also a co-founder at Judicata and a former employee of Box and Founders Fund.
, Zero to One, is basically a compilation of lectures delivered by Thiel during his teaching years at Stanford. Together, Thiel and Masters assemble a convincing set of norms for businesspersons, fresh companies, and aspiring leaders to consider as an outline guide when building the “next big thing” .
While certain segments of the book are incredibly organized, some may be found rather dry and dull, – depending on the previous experiences of the experience. However, in each chapter Thiel includes striking examples illustrating critical elements to bear in. For example, “Most fights inside a company happen when colleagues compete for the same responsibilities.” is one telling scenario.
Thiel spends a lot of the introduction and first section highlighting the contrast between going from “1 to n” (accomplishing a greater amount of what’s been carried out today) versus going from “0 to 1” (doing something that has never been carried out previously). The first step to figure it out correctly is to ask what we know from the past.
Often we make compromising decisions about taking up a new business and mistakenly accredit it to past mistakes. For instance: considering the fact that entrepreneurs over-invested in “innovation” way back in the late ’90s doesn’t mean that business enthusiasts of today ought to strictly implement being as “lean” as possible in their business approach.
Here is some other stuff
The past does not equal the future
Build a monopoly
- Niche first, expand later.
- Do not disrupt. Avoid competing. Create something that contributes to the overall growth of the industry/market you’re serving instead.
- Make everyone do/focus on one big thing. Nothing more.
- Hire people that want to work for you because they believe in what you and the organization believe.
- Make sure everyone gets along.
- Don’t be afraid to hire people who are a little obsessive about their work. It’s not always a bad thing
SELL SELL SELL
“If you’ve invented something new but you haven’t invented an effective way to sell it, you have a bad business — no matter how good the product.”
Lets stop here !! I suggest you buy this nice book today and enjoy a nice future
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