#8 - Zero to One by Peter Thiel and Blake Masters
Manage episode 378030292 series 3459595
A discussion of the book Zero to One by Peter Thiel and Blake Masters
Zero to One by Peter Thiel and Blake Masters is a book that looks at exactly that, going from zero to one. Specifically, going from something not existing to one existing.
"Doing what we already know how to do takes the world from 1 to n, adding more of something familiar. But every time we create something new, we go from 0 to 1." pg. 1
While most get lost in incremental improvement, Thiel focuses on creating the completely new. "Zero to One is about how to build companies that create new things." pg. 2
The book looks at how monopolies and competition compare, and aims to show that monopolies are where the real value lies, both for companies and for end consumers. This is because while competition results in incremental improvement, creating something completely new is far more valuable. Competition leads to a war mentality, where monopolies lead to an abundance mentality. Monopolies - in the good sense - exist because they create something so good that others can't compete, and in doing so, monopolies are "powerful engines for making the world better." pg. 32
Hosted by Peter Banda & James de Klerk
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