Review:
This book provides a list of things to keep in mind before or after starting a new business. "Think Big, Start Small" and "Competition is for losers" are two important thing to keep in mind. Concepts like Monopoly, Cash Flow, Secrets, Concepts of Machines, Green Environment, Customer Lifetime Value (CLV) are discussed in detail.
Remember 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. Best examples for startups are Tesla and Linked In. I would say all successful companies should have followed these concepts to become number one.
This book provides a list of things to keep in mind before or after starting a new business. "Think Big, Start Small" and "Competition is for losers" are two important thing to keep in mind. Concepts like Monopoly, Cash Flow, Secrets, Concepts of Machines, Green Environment, Customer Lifetime Value (CLV) are discussed in detail.
Remember 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. Best examples for startups are Tesla and Linked In. I would say all successful companies should have followed these concepts to become number one.
References:
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| Author: Peter Thiel |
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| Author: Blake Masters |
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