Zero to One

Zero to One

by Peter Thiel

09 Quotes

p. 34

"All happy families are alike; each unhappy family is unhappy in its own way. Business is the opposite. All happy companies are different: each one earns a monopoly by solving a unique problem. All failed companies are the same: they failed to escape competition. "

p. 35

"More than anything else, competition is an ideology - the ideology - that pervades our society and distorts our thinking. We preach competition, internalize its necessity, and enact its commandments; and as a result, we trap ourselves within it - even though the more we compete, the less we gain."

p. 48

"The clearest way to make a 10x improvement is to invent something completely new. If you build something valuable where there was nothing before, the increase in value is theoretically infinite."

p. 53

"Always err on the side of starting too small. The reason is simple: it's easier to dominate a small market than a large one."

p. 91

"It does matter what you do. You should focus relentlessly on something you're good at doing, but before that you must think hard about whether it will be valuable in the future."

p. 103

"So when thinking about what kind of company to build, there are 2 distincts questions to ask: 1. What secrets is nature not telling you? 2. What secrets are people not telling you?"

p. 141

"Computers are complements for humans, not substitutes. The most valuable business of coming decades will be built by entrepreneurs who seek to empower people rather than try to make them obsolete."

p. 155

"Companies must strive for 10x better because merely incremental improvements often end up meaning no improvement at all for the end user."

p. 195

"Our task today is to find singular ways to create the new things that will make the future not just different, but better - to go from 0 to 1. The essential first step is to think for yourself. Only by seeing our world anew, as fresh and strange as it was to the ancients who saw it first, can we both re-create it and preserve it for the future."