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Zero to One - Book Summary Report

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Peter thiel’s cs183
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Zero to One - Book Summary Report

  1. 1. Reid Evans, Tony Jimenez, Corey O’Neal
  2. 2. who is peter thiel?
  3. 3. book highlights 1. what makes a good idea 2. monopolies rock 3. how to build your team
  4. 4. the contrarian what important truth do very few people agree with you on? photo: fortune magazine
  5. 5. the contrarian “In a world of scarce resources, globalization without new technology is unsustainable.” photo: fortune magazine
  6. 6. silicon valley vs. thiel Silicon Valley mentality 1. Make Incremental Advances 2. Stay Lean & Flexible 3. Improve on the Competition 4. Focus on product, not sales Financial Times Apartmentlist
  7. 7. silicon valley vs. thiel Silicon Valley mentality 1. Make Incremental Advances 2. Stay Lean & Flexible 3. Improve on the Competition 4. Focus on product, not sales Peter Thiel mentality Financial 1. Better to risk boldness than triviality 2. A bad plan is better than no plan 3. Competitive markets destroy profits! 4. Sales matter just as much as product Times Apartmentlist
  8. 8. what valuable company is nobody building? The next Mark Zuckerberg isn’t building another another social network
  9. 9. what is a good idea? ...take something from zero to one.
  10. 10. what is a good idea? ...take something from zero to one. 1 to n 0 to 1
  11. 11. new products need to be at least 10x better than previous manifestations…
  12. 12. don’t waste time competing with others.
  13. 13. build a monopoly 1. Proprietary technology 2. Network effects 3. Economies of scale 4. Branding
  14. 14. must be able to grow and endure.
  15. 15. what happened to futurism?
  16. 16. to win, have definite optimism.
  17. 17. do something impossible. start small. dominate.
  18. 18. diverse skillset, similar approach
  19. 19. diverse skillset, similar approach
  20. 20. why work at [your] startup? You can do irreplaceable work on a crazy problem with amazing people that no one else is going to get done.
  21. 21. sales is as important as product. Invented something new Don’t know how to sell it You have a bad business
  22. 22. every business must answer: 1. Is it a breakthrough vs. incremental improvement? 1. Is now the right time to start your particular business? 1. Are you starting with a big share of a small market? 1. Do you have the right team? 1. Do you have a way to deliver your product?
  23. 23. discuss. Photo: The Guardian
  24. 24. If you’re interested MORE Arts & Ideas at the JCCSF https://www.youtube.com/watch?v=aYPj0jLzoQw Original Notes that Formed the Book http://blakemasters.com/peter-thiels-cs183-startup Stanford Y-Combinator Startup Class Lecture 5: Business Strategy and Monopoly Theory http://startupclass.samaltman.com/courses/lec05/ a16z Podcast: The (Definite) Optimism of Peter Thiel http://a16z.com/2014/10/17/a16z-podcast-the-definite-optimism-of-peter-thiel/

Notes de l'éditeur

  • http://www.fasthorseinc.com
  • Gentleman designed by iconsmind.com from the thenounproject.com
  • Partnership designed by Max Hancock from the thenounproject.com
  • Photo: The Guardian

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