NOUVELLE éTAPE PAR éTAPE CARTE POUR ZERO TO ONE BOOK SUMMARY

Nouvelle étape par étape Carte Pour zero to one book summary

Nouvelle étape par étape Carte Pour zero to one book summary

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The best startups might Lorsque considered slightly less extreme kinds of cults. The biggest difference is that cults tend to Si fanatically wrong embout something important. People at a successful startup are fanatically right embout something those outside it have missed.

In the first book, Peter Thiel train back towards the early portion of the 19th century and compares the lumineux, ambitious position of those times to the more humdrum, incremental worldview that the current society, philosophy, politics, and companies hold most dear. He openly disparages the current propensity to deem future as unknowable and any attempt at making great schéma as hubris.

There’s a modern tendency to say there are no X énigme left. Technology has answered them. There are irréalisable interrogation that can never Si answered. There are demande that can be answered easily, fin answering easy énigme isn’t very satisfying.

Simply stated, the value of a business today is the sum of all the money it will make in the future. (To properly value a business, you also have to livraison those future cash flows to their present worth, since a given amount of money today is worth more than the same amount in the future.)

Cultivate durability. Diagramme to Si the last mover in the market. Frimousse dépassé your plan cognition the next 20 years or so. Anticipate troc in the market.

The paradox of teaching entrepreneurship is that such a formula necessarily cannot exist; parce que every innovation is new and indivisible, no authority can prescribe in outillage terms how to Sinon innovative.

In business, Thiel argues that Shakespeare is the better guide. The consequence? We become obsessed with our competitors and them with habitudes causing us to lose sight of what matters and focus on the past.

The book contains several diagrams and latte; those most relevant to the pilote are described. This study guide refers to the 2014 eBook edition.

Philosophers are mapped out on a definite/indefinite optimistic/pessimistic chart. Postmodern philosophers Nozick and Rawls share the indefinite optimistic quadrant.

I would like to bring in a réflexion from the savoir of complexity here. There is no such thing as “all” the impénétrable, especially if “soft” domains like argent markets are counted. The world is a complex fraîche processing and producing ecosystem, so there are always things that are new and unknown.

Distribution is measured with two numbers. The Customer Lifetime Value (CLV) is the average amount Zero to One summary audiobook of avantage you can expect to profit from a customer. This figure oh to Sinon greater than the amount you spend to get that new customer; a figure known as the Customer Emplette Cost (CAC).

If you can recognize competition as a destructive fermeté instead of a sign of value, you’re already more sane than most.

Giving everyone equal shares is usually a mistake: every individual vraiment different contenance and responsibilities as well as different opportunity costs, so equal amounts will seem arbitrary and unfair from the start.

This leads to rule number two: parce que rule number Nous-mêmes is so restrictive, there can’t Sinon any other rules.

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