“if your company can be summed up by its opposition to already existing firms, it can’t be completely new and it’s probably… — Peter Thiel Copy Share Image
“If you’ve invented something new but you haven’t invented an effective way to sell it, you have a bad business—no matter how… — Peter Thiel Copy Share Image
The business model piece is we're always talking about competing more effectively. If you're starting a company or career you don't want… — Peter Thiel Copy Share Image
EVERY MOMENT IN business happens only once. The next Bill Gates will not build an operating system. The next Larry Page or… — Peter Thiel Copy Share Image
“Because that is what a startup has to do: question received ideas and rethink business from scratch.” — Peter Thiel Copy Share Image
The idea of becoming an entrepreneur is something that is not taught very well in school and is something that people should… — Peter Thiel Copy Share Image
“War metaphors invade our everyday business language: we use headhunters to build up a sales force that will enable us to take… — Peter Thiel Copy Share Image
Recruiting is a core competency for any company. It should never be outsourced. — Peter Thiel Copy Share Image
“a great business is defined by its ability to generate cash flows in the future.” — Peter Thiel Copy Share Image
“But entrepreneurs should take cultures of extreme dedication seriously.” — Peter Thiel Copy Share Image
“As a founder, your first job is to get the first things right, because you cannot build a great company on a… — Peter Thiel Copy Share Image
“a startup is the largest group of people you can convince of a plan to build a different future. A new company’s… — Peter Thiel Copy Share Image
Everybody has a product to sell—no matter whether you’re an employee, a founder, or an investor. It’s true even if your company… — Peter Thiel Copy Share Image
All happy companies are different: each one earns a monopoly by solving a unique problem. All failed companies are the same: they… — Peter Thiel Copy Share Image
Value investors look at cash flows. If a company can maintain present cash flows for 5 or 6 years, it’s a good… — Peter Thiel Copy Share Image
There are only two kinds of businesses in this world: Businesses in crazy competition, and businesses that are one of a kind. — Peter Thiel Copy Share Image
“There are all these things that you never know whether they're features or bugs- in a company or organization, or even in… — Peter Thiel Copy Share Image
“Company culture” doesn’t exist apart from the company itself: no company has a culture; every company is a culture. A startup is… — Peter Thiel Copy Share Image
“Only one thing can allow a business to transcend the daily brute struggle for survival: monopoly profits.” — Peter Thiel Copy Share Image
The most successful businesses have an idea for the future that's very different from the present. — Peter Thiel Copy Share Image
“every single company in a good venture portfolio must have the potential to succeed at vast scale.” — Peter Thiel Copy Share Image
People don't want to believe that technology is broken. Pharmaceuticals, robotics, artificial intelligence, nanotechnology - all these areas where the progress has been a… — Peter Thiel Copy Share Image
If you think about basic science or coming up with new theories of mathematics, these are not the kinds of things which are necessarily… — Peter Thiel Copy Share Image
I think we have a bubble in the US in government bonds, because of the quantitative easing and the negative real interest rates, and… — Peter Thiel Copy Share Image
“Time and decision-making themselves follow a power law, and some moments matter far more than others” — Peter Thiel Copy Share Image
“Today, we exaggerate the differences between left-liberal egalitarianism and libertarian individualism because almost everyone shares their common indefinite attitude. In philosophy, politics, and business,… — Peter Thiel Copy Share Image
When you already have $150 billion a year in revenues from the iPhone, it's very hard to come up with any new vertical that… — Peter Thiel Copy Share Image
“CREATIVE MONOPOLY means new products that benefit everybody and sustainable profits for the creator. Competition means no profits for anybody, no meaningful differentiation, and… — Peter Thiel Copy Share Image
“we have given up our sense of wonder at secrets left to be discovered.” — Peter Thiel Copy Share Image
“Today our society is permeated by the twin ideas that death is both inevitable and random.” — Peter Thiel Copy Share Image
“if your company can be summed up by its opposition to already existing firms, it can’t be completely new and it’s probably not going… — Peter Thiel Copy Share Image
“Is a lukewarm attitude to one’s work a sign of mental health? Is a merely professional attitude the only sane approach?” — Peter Thiel Copy Share Image
“If you’ve invented something new but you haven’t invented an effective way to sell it, you have a bad business—no matter how good the… — Peter Thiel Copy Share Image