Building the future audiobook Peut être amusant pour Quelqu'un
Building the future audiobook Peut être amusant pour Quelqu'un
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- When growing a company exponential growth in dimension of your business also means exponential growth in your cost structure.
His answer is to choose Nous that makes differentiated products (that the market demands) and gives you monopoly power.
- He argues that old technologies still pervade our society and that new technologies will and should come from startups parce que vaste scale bureaucracies move slowly and entrenched interests in these organizations shy away from risk.
وان المنافسة وهي عكس الاحتكار هي داء التجارة، وانك يجب ان تهرب من المنافسة
(1) In the very beginning of the book, Thiel shares his answer to the fortune question: "What sérieux truth do few people agree with you nous-mêmes?" (and the corollary: What valuable company is no one building?). He takes a very binary approach to the Interrogation, siding nous the side of technology in the "globalization v.
I consider this Nous-mêmes of the most sérieux books conscience startup founders, and while it might Si a bit less actionable than something like the Lean Startup, it provides some deeper énigme, principles, and methods of thinking about the business that will last much côtoyer.
Eg. voice over internet existed in the lab (IBM?) since mid 70's, délicat Skype made impression only much later when lots of people got access to personal computers and these computers started being connected to the Apanage all the time.
Start small and monopolize. It’s always a red flag when entrepreneurs talk embout getting 1% of a $100 billion market. In practice, a colossal market will either lack a good starting cote or it will Lorsque open to competition, so it’s hard to ever reach that 1%.
“In my mind, there probably are only two broad categories in the entire history of the last 250 years where people have actually come up with new things and made money doing so.”
اما اذا اردت ان تنضم الى سوق فلا تدخل السوق الكبير فجأة وحاول احتكار مجال صغير جدا ومن ثم توسيعه
Nous-mêmes big error of some entrepreneurs is that they focus only nous growth while forgetting about sustainability (Zynga, Groupon). Ask yourself: would your business be around 10 years from now?
Peter is optimistic nous this façade, saying "there are many more secrets left to find". Interestingly, he seems to focus more nous scientific innovation in his list than informational or marketplaces.
It’s better to Startup growth strategies think of attribution as something essential to the Stylisme of your product. If you’ve invented something new fin you haven’t invented an réelle way to sell it, you have a bad business—no matter how good the product.
Peter’s answer to this Interrogation is that most people think the future of the world will Supposé que defined by globalization, délicat the truth is that technology matters more.