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How to start a business by PayPal's Founder
How does the man behind PayPal & Palantir think? Let's explore.
363 Words | 1 min 26 Sec Read
Today, I'm pulling back the curtain on some golden insights from a titan in the tech world.
Gather 'round for tales and lessons from none other than Peter Thiel.
The guy founded:
& was the first outside money in Facebook.
Here are 7 of his best ideas:
π 1. The Power of Zero to One
Think back to the first time you created something unique.
There's unmatched power in creating rather than just copying.
Don't be a mere echo; strive to be the original voice.
π€ 2. Contrarian Thinking
Ever notice that the crowd often misses the hidden gems?
Question the norms, dig deeper, and sometimes, you'll find gold where no one's looking.
β 3. Embrace Definite Optimism
Hope is good, but a clear strategy is gold.
Set your vision, reverse-engineer your steps, and chase it relentlessly.
It's like building a puzzle β start with the end picture in mind.
π― 4. Rethink Competition
Why fight for a slice when you can bake a whole new pie?
Dominate your niche, be unparalleled. Let others chase; you innovate.
π 5. Grasping Power Law Dynamics
In any field, a select few stars outshine the rest.
Identify them, align with them, or better yet, be one of them.
Depth trumps breadth.
ποΈ 6. Unlocking Secrets
Every great endeavor hides a secret sauce.
What's yours?
Understand your unique proposition, and that's half the battle won.
π 7. Questioning Formal Education
Traditional learning has its merits, but the world is your oyster.
Peter champions learning beyond classrooms.
Forge your own curriculum.
To wrap upβ¦
Life, at the end of the day, isn't just about reaching milestones; it's about the stories and lessons along the way.
With Thiel's wisdom in your arsenal, chart your course with confidence, passion, and a touch of rebellion.
Blaze your trail, but never forget to enjoy the journey.
I'll leave you with this quoteβ¦
"Don't bother starting the 10,000th restaurant in Manhattan. Find something to do that if you don't do it, it won't get done.β
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