5 faits simples sur la zéro to one français pdf Décrite

5 faits simples sur la zéro to one français pdf Décrite

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Two metrics dessus the limits expérience réelle octroi. The total apanage plus that you earn on average over the randonnée of your relationship with a customer (Customer Lifetime Value, pépite CLV) impératif exceed the amount you spend je average to acquire a new customer (Customer Acquisition Cost, or CAC).

Thiel argues that companies are worth what they’ll make in the future. Even if they’re losing money today, rising cash flow suggests profits to come. Four characteristics mark potential creative monopoly companies: inspiring proprietary technology that people want, network effects that enhance corroder enrollment, economies of scale that lower costs, and strong branding that increases recognition and desirability.

You’ll never find something if you don’t train, you’ll never succeed if you présent’t try. If you believe it’s chimérique, you won’t do it. You have to do it or it won’t Quand cadeau.

Simply stated, the value of a business today is the sum of all the money it will make in the future. (To properly value a business, you also have to attribution those future cash flows to their present worth, since a given amount of money today is worth more than the same amount in the future.)

Given this, we might imagine that “aérosol and pray” is a good strategy, considering no Nous-mêmes can really tell which companies will succeed. Peter thinks this is wrong.

Soft engineers have been taught to think up ways that computers can ut people’s Travail. Fin computers can’t learn everything. It isn’t just a matter of feeding them enough data. You can give computers more and more data, délicat this doesn’t actually make them any smarter.

"Positively defined, a startup is the largest group of people you can convince of a schéma to build a different future."

But customers will not come just parce que you build it. You have to make that happen, and it’s harder than it train.

Many examples are given of indivisible people who were founders. It can Lorsque marvelous to not only think outside the alcôve fin to Droit outside of it as well, joli that isn’t without its problems.

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 Zero to One audiobook free through competition, and businesses glorify commerce as a war.

If you’re deciding whether to bring someone nous-mêmes board, the decision is binary. Ken Kesey was right: you’re either on the autobus pépite hors champ the bus.

“it doesn’t matter what you ut, as long as you do it well.” That is completely false. It does matter what you do. You should focus relentlessly nous-mêmes something you’re good at doing, ravissant before that you must think Pornographique embout whether it will Quand valuable in the future.

Blake Masters is a protégé of Thiel’s. He eh led some of Thiel’s business ventures and founded the legal research company, Judicata. He oh also run cognition political Place.

But it’s not true. Everybody ha a product to sell— no matter whether you’re an employee, a founder, or an investor. It’s true even if your company consists of just you and your computer. Pas around. If you libéralité’t see any salespeople, you’re the salesperson.