A Joosr Guide to Zero to One by Peter Thiel, Joosr
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Joosr

A Joosr Guide to Zero to One by Peter Thiel

Anastasiia Kondratska
Anastasiia Kondratskaalıntı yaptı2 yıl önce
Shape your own future by making a plan and focusing in on your goals early. Then you will be able to hone the specific skillset you need, gather the right people, find the right market for a monopoly, and protect that monopoly with careful planning and effective action. Success is the result of intention, and if any luck is involved it is the luck that you make for yourself.
Anastasiia Kondratska
Anastasiia Kondratskaalıntı yaptı2 yıl önce
What should be most important to you is the growth and profit you will make in the future, and there are four things you need to stay on the right track: branding, proprietary technology, economies of scale, and network effects.
Yulia  Ogorodnikova
Yulia Ogorodnikovaalıntı yaptı3 yıl önce
The whole purpose of creating new ideas and technology is to take yourself out of the competition. When you compete, you can’t make as much profit.
Yulia  Ogorodnikova
Yulia Ogorodnikovaalıntı yaptı3 yıl önce
Success is intentional, not the result of luck
Another conventional idea that is detrimental to any startup is that success is based on luck. If you are working on the premise that luck has anything to do with whether or not you will succeed, you may be hurting your chances in the future. Consider the numerous people, past and present, who established more than one million-dollar companies. There are even some who have started several billion-dollar companies in their lifetime! It is very unlikely that luck played much of a factor. The truth is that we shape our own future and chances through careful planning
Yulia  Ogorodnikova
Yulia Ogorodnikovaalıntı yaptı3 yıl önce
Protect your monopoly by looking to the future
Establishing your monopoly is only half the battle. You need to be ready to endure the long run rather than getting caught up in a rush to grow at the start. This is a mistake that many entrepreneurs make, and the result is someone else swooping into your market and overtaking your success. What should be most important to you is the growth and profit you will make in the future, and there are four things you need to stay on the right track: branding, proprietary technology, economies of scale, and network effects.
Yulia  Ogorodnikova
Yulia Ogorodnikovaalıntı yaptı3 yıl önce
The best way to become a monopoly is to do something completely new. By offering customers a new and better way to do something, you take yourself out of any competition until someone tries to do what you do.
Yulia  Ogorodnikova
Yulia Ogorodnikovaalıntı yaptı3 yıl önce
Successful startups strive for and achieve monopolies
If you think that seeking your own market in which you have no competition and therefore own all the profits sounds like a monopoly, then you are correct. You have probably always been taught that monopolies are wrong and illegal, and that is indeed the conventional idea. But as we have learned, in order to be a successful startup, you need to think contrarily and seek things that other businesses don’t.
Yulia  Ogorodnikova
Yulia Ogorodnikovaalıntı yaptı3 yıl önce
The problem was that instead of continuing to explore new ideas and make new innovations that might improve the experience of their customers, they focused on getting a share of a competitive market by doing exactly what another company was already doing. In fighting a constant battle with each other, Microsoft and Google both lost the war to Apple. Even combined, the two companies’ market capitalizations fell billions of dollars short of Apple’s.
Yulia  Ogorodnikova
Yulia Ogorodnikovaalıntı yaptı3 yıl önce
Competitive business cuts profits and kills innovation
Most of us are taught that in order for business to be fair and successful, there should always be competition. With competition, prices are regulated as companies fight for consumer business, and each company is always trying to imitate and outdo its competitors. This is why many startups seek to jump in on an existing market and get a cut of the profit, such as it is. While this may be good for consumer pockets in the short term, it is bad for business and the future as a whole.
Yulia  Ogorodnikova
Yulia Ogorodnikovaalıntı yaptı3 yıl önce
Successful technology is a tool for people, not a replacement for them
One of the alarming ideas we face when it comes to new technology is the fear that one day machines will replace humans. After all, the technology we have now seems quite advanced, and in our imaginations we can clearly see it evolving into robots who can do everything better than people. But the fact is such technology will probably never be created or mass-produced. The reason is that successful technology is not that which is made to replace people, but that which is made to complement them.
Yulia  Ogorodnikova
Yulia Ogorodnikovaalıntı yaptı3 yıl önce
Create something new instead of a variation of something that already exists
Startups are all about driving progress, and there are two different approaches they can take. One is progress through globalization, and the other is progress through technological innovation. Globalization is thought to be the key to the future, but in fact it is what is holding us firmly in the present. Making more of what we already have provides access to the same technology for everyone, but once we all have the same technology, there is nowhere else to go. The only future there is a dead-end
Саша
Сашаalıntı yaptı3 yıl önce
Create something new instead of a variation of something that already exists
Oleg  Zinkevich
Oleg Zinkevichalıntı yaptı4 yıl önce
Though we think that competition is at the heart of capitalism, the contrary but more correct idea is that these two things are opposites. The notion of capitalism is to use business to generate profit. Competition strives to lower prices, effectively cutting a business’s profit. In a competitive market, the profit available is limited and only decreases as the players increase, so entering one means limiting your own potential. We saw this at work in the case of Microsoft and Google.
Oleg  Zinkevich
Oleg Zinkevichalıntı yaptı4 yıl önce
Many people today think innovation means taking an existing idea and producing their own slightly different version to sit alongside the multitude currently available on the market; but this is globalization. If you simply make small improvements to what already exists, then you aren’t moving things forward at all
Наталья Степанова
Наталья Степановаalıntı yaptı4 yıl önce
If you begin with the end in mind, you’ll have a much clearer idea of what it will take to get there.
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