Peter Thiel Verified Quotes

“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.”

“Every moment in business happens only once. The next Bill Gates will not build an operating system. The next Larry Page or Sergey Brin won’t make a search engine. And the next Mark Zuckerberg won’t create a social network. If you are copying these guys, you aren’t learning from them.”

“The best entrepreneurs know this: every great business is built around a secret that’s hidden from the outside.”

“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.”

“Competition is for losers. If you want to create and capture lasting value, look to build a monopoly.”

“Higher education is the place where people who had big plans in high school get stuck in fierce rivalries with equally smart peers over conventional careers like management consulting and investment banking.”

“A bad plan is better than no plan.”

“Brilliant thinking is rare, but courage is in even shorter supply than genius.”

“The most contrarian thing of all is not to oppose the crowd but to think for yourself.”

“The single most powerful pattern I have noticed is that successful people find value in unexpected places, and they do this by thinking about business from first principles instead of formulas.”

“Instead of pursuing many-sided mediocrity and calling it 'well-roundedness,' a definite person determines the one best thing to do and then does it.”