How to make a monopoly from nothing
Zero to One by Peter Thiel has to be one of the best business books. If you want
to build the future or be the next Elon Musk, this book is for you. Below are
the notes and ideas from this book.
What is the future?
* The future is the progress of doing new things, not copying things that work.
If everyone copied things that would work, there would not have enough
resources for 8 billion humans
* Startups are the max amount of people who can achieve the most. A lone person
cannot create a whole industry for themself, and a big corporation is too
slow to invent and innovate. The future comes from startup thinking
* If the future will be different than the present right now, then we must
apply contrarian thinking: What important truth do very few people agree with
you on? In business terms, what valuable company is nobody building? You must
look where no one is looking
Lessons about startups
> 1.) It is 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 products.