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How To Build The Future - Notes from Peter Thiel's Zero to One

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How To Build The Future - Notes from Peter Thiel's Zero to One

  1. How To Build The Future <br>Notes from Peter Thiel's &quot;Zero to One&quot;<br>
  2. 1 to n = horizontal progress (copying things that work)<br>
  3. Go from 0 to 1 <br>Make vertical progress (do new things)<br>
  4. Pay attention to the Power Law:<br><br>The extraordinarily stark pattern, in which a small few investments radically outstrip all other investments.<br>
  5. Competition is overrated.<br><br>Competition means no profits for anybody, no meaningful differentiation, and a struggle for survival.<br>
  6. Don't disrupt, get the last mover advantage.<br><br>Make the last great development in a specific market and enjoy years of monopoly profits.<br>
  7. Distribution is vastly underestimated among startup success factors.<br>
  8. Founders, and founding moments, are crucial to a company’s long-term success.<br><br>Thiel’s Law: A startup messed up at its foundation cannot be fixed.<br>
  9. Start small &amp; monopolize <br>It's easier to dominate a small market than a large one.<br>
  10. Questions Every Business Must Answer <br>• Can you create breakthrough technology? <br>• Is now the right time to start your business? <br>• Are you starting with a big share of a small market? <br>• Do you have the right team<br>
  11. Questions Every Business Must Answer <br>• Will your market position be defensible 10 years into the future? <br>• Have you identified a unique opportunity that others don't see? <br>• Do you have a way to not just create but deliver your product?<br>
  12. Thanks! <br>Reach me at twitter.com/arpitd<br>

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