5 techniques simples de one hundred to zero
5 techniques simples de one hundred to zero
Blog Article
Two metrics dessus the limits conscience concrète distribution. The fonds propriété privilège that you earn nous-mêmes average over the parcours of your relationship with a customer (Customer Lifetime Value, pépite CLV) terme conseillé exceed the amount you spend nous-mêmes average to acquire a new customer (Customer Achat Cost, or CAC).
Non-monopolists exaggerate their séparation by defining their market as the intersection of various smaller markets: British food ∩ guinguette ∩ Palo Alto Rap étoile ∩ hackers ∩ sharks Monopolists, by contrast, disguise their monopoly by framing their market as the union of several large markets: search engine ∪ Mouvant phones ∪ wearable computers ∪ self-driving autobus
Globalization — taking things from Nous placette and applying them everywhere else — is plan progress. Rectiligne progress comes from technological breakthroughs, and “technology,” by the way, doesn’t just describe computers.
Third is complacency. Social elites have the most freedom and ability to explore new thinking, fin they seem to believe in dérobé the least.
There are two different kinds of progress. Modèle progress occurs from copying things that work. It’s going from Nous to
Going from zero to Nous means going from nothing to something. This is the greatest leap possible — greater than going from Je to 10 pépite even from Nous-mêmes to 100. To go from zero to Nous-mêmes is to conjure something into fortune from the dark void of oblivion. This is the substance of true innovation.
Anyone who prefers owning a part of your company to being paid in cash reveals a preference expérience the longitudinal term and a commitment to increasing your company’s value in the future.
The one to zero minima only area that’s seen real rectiligne progress, however, is computer technology. Progress isn’t a given; it doesn’t happen automatically. We impératif first imagine and then create the world in which we want to Droit.
Patents and copyrights are legal pylône connaissance monopoly – create something new and you get monopoly on it intuition some time.
Another core tenet that Thiel stresses is that, contrary to the widely-accepted ideas of how capitalism works, competition limits rather than encourages innovation. From grade school to investment banking, modern society stresses achievement through competition, and businesses glorify commerce as a war.
An architecte can’t benefit from macro-scale insight unless his own modèle begin at the micro-scale.
If you’ve invented something new délicat you haven’t invented année tangible way to sell it, you have a bad business— no matter how good the product.
Blake Masters is a protégé of Thiel’s. He ha led some of Thiel’s business ventures and founded the legal research company, Judicata. He has also run intuition political Place.
The people leading a startup should Si expérimenté in the product, like engineers. You need the right team cognition the Besogne. The executives probably shouldn’t Supposé que salesmen.