![]() ![]() In fact, being a monopoly on a market is a sure fire way to solidify future growth. ![]() While Google’s monopoly isn’t great for competitors, it is great for the general public who use Google, along with the company itself. Google, for example, has a monopoly of the search engine industry – sorry to the three people who access this site using Bing. If a business is so good at something that nobody else can copy their results, that isn’t a bad thing for society. However, a monopoly isn’t always a bad thing… Most of the time, a business has just found a way to be more effective than their opposition. When most people think of the term ‘monopoly’, they think of a massive and evil company squeezing the weaker opposition. Lesson One: Monopolies are actually good for innovation Building a successful and profitable company is achieved slowly Download this summary as a PDF for free.Your product or service will never sell itself.Monopolies are actually good for innovation.The main lessons Thiel gives in this book are: He was influential in a few businesses you’ve probably heard of… he co-found PayPal and was the first outside investor for Facebook. Peter Thiel knows a thing or two about startups. Hell, you can even start with a laptop in your local Starbucks. The barriers to entry to business are at an all-time low. Odds are, if you’re reading this, you’ve probably already started your own startup. Would you rather want to read this summary as a PDF? Then download the summary of Zero to One as a PDF The lowdown: Learn the secrets to startup success form one of the world’s most famous venture capitalists in this Zero To One summary.Īlmost anybody can fund a startup these days. You should consider buying this book if….Lesson Three: Building a successful and profitable company is achieved slowly.Lesson Two: Your product or service will never sell itself.Lesson One: Monopolies are actually good for innovation.
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