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Created by
doublezeta
2 years ago for
PeterThiel
:
Forbes
Peter Thiel
If you're working at something that's the only of its kind in the world, that's
very meaningful.
Peter Thiel
It could be for profit, non-profit, all sorts of contexts.
Peter Thiel
If we weren't doing this, this problem absolutely wouldn't be tackled. That's what's meaningful.
Peter Thiel
When you're competing you're already, by definition, number two.
1
0
Created by
doublezeta
2 years ago for
PeterThiel
:
Forbes
Peter Thiel
When you compete you get better at beating people on the narrow things you need to
beat them on.
Peter Thiel
But it often comes at this very high price of losing sight of what's truly valuable and important.
1
0
Created by
doublezeta
2 years ago for
PeterThiel
:
Forbes
Peter Thiel
We overplay the role of luck in our future. Luck is like an atheistic word
for God.
Peter Thiel
We attribute too much to luck, we could be thinking a little bit more.
Bruce Upbin
So you think you make your own luck?
Peter Thiel
I like that!
1
0
Created by
doublezeta
2 years ago for
PeterThiel
:
Forbes
Peter Thiel
When I was playing chess in junior high I learned that a bad plan is better than
no plan at all.
Peter Thiel
Have a plan, you can always change it, but don't pretend you have no clue about what's gonna happen.
Peter Thiel
If you say everything about the future is random and out of your control,
Peter Thiel
that's how you set yourself up for failure.
1
0
Created by
doublezeta
2 years ago for
PeterThiel
:
Forbes
Peter Thiel
The core thing is to have a great product and then you can always improve on in all
sorts of ways.
Peter Thiel
If you're just trying to optimize and you don't have a great product, that rarely works.
Peter Thiel
It's always worth asking where you're gonna go with this business.
1
0
Created by
doublezeta
2 years ago for
PeterThiel
:
Forbes
Peter Thiel
Imitation is how we learn language as kids, it's how culture gets
transmitted.
Peter Thiel
But it also leads to a lot of insane behavior, such as the madness of crowds.
Peter Thiel
It leads into bubble like
behavior, which we've seen many in our society in recent decades.
Peter Thiel
So the challenge to think for yourself is always very trivial to say, but always quite hard to do.
1
0
Created by
doublezeta
2 years ago for
PeterThiel
:
Forbes
Peter Thiel
I think you become an entrepreneur because you're working on a problem nobody else is
working on.
Peter Thiel
You should start a business if you're working on a problem that otherwise wouldn't get solved.
1
0
Created by
doublezeta
2 years ago for
PeterThiel
:
Forbes
Peter Thiel
Saying I want to be an entrepreneur is like saying "I want to be rich and I want
to be famous."
Bruce Upbin
Those are good things, being rich and famous.
Peter Thiel
They're not good as direct goals, if you have them as such you're unlikely to succeed.
1
0
Created by
doublezeta
2 years ago for
PeterThiel
:
Forbes
Peter Thiel
If you're a founder or an entrepreneur, you should always aim to build
a monopoly.
Peter Thiel
Where you're the only person in the world doing what you're doing.
Peter Thiel
There're only 2 kinds of businesses, those in crazy competition and one of a kind monopolies.
1
0
Created by
doublezeta
2 years ago for
PeterThiel
:
Forbes
Peter Thiel
Every moment in the history of business happens
only once.
Peter Thiel
The next Mark Zuckerberg won't be starting a social media site.
Peter Thiel
The next Bill Gates won't start an operating system, the next Elon Musk won't start another Tesla.
Peter Thiel
So I'm always pushing back on the idea that there's some kind of formula.
1
0
Created by
doublezeta
2 years ago for
ThePortal
:
PeterThiel
Peter Thiel
I don't see younger professors who're deeply critical of the
university
structure. It's just nuts!
1
0
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