Zero to One: Notes on Start Ups, or How to Build the Future
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Read between September 17 - September 18, 2017
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Monopoly is the condition of every successful business
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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.
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Sometimes you do have to fight. Where that’s true, you should fight and win. There is no middle ground: either don’t throw any
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punches, or strike hard and end it quickly.
28%
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“you must study the endgame before everything else.”
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Finance epitomizes indefinite thinking because it’s the only way to make money when you have no idea how to create wealth.
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Since time is your most valuable asset, it’s odd to spend it working with people who don’t envision any long-term future together. If you can’t count durable relationships among the fruits of your time at work, you haven’t invested your time well—even in purely financial terms.