Zero To One: Notes on Startups, or How to Build the Future by Peter Thiel; Blake Masters – Audio Book Summary

FlashBooks Podcast

In today’s episode of the FlashBooks Podcast, we’ll be getting into an audio book summary on Zero To One: Notes on Startups, or How to Build the Future by Peter Thiel and Blake Masters

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Zero To One: Notes on Startups, or How to Build the Future by Peter Thiel; Blake Masters

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BOOK DESCRIPTION:

Zero To One: Notes on Startups, or How to Build the Future
by Peter Thiel; Blake Masters

Focus:

• Startups // Entrepreneurship // Technology

You should read this book summary if:

• you want fast, actionable, research-driven guidance on how to build a successful and sustainable business.
• you like the idea of reading forty-thousand+ words in about ten to-fifteen minutes.
• you're ready to experience a paradigm shift in your way of approaching the world of startups, business, and technology.

Crucial quote:

“Every culture has a myth of decline from some golden age, and almost all peoples throughout history have been pessimists. Even today pessimism still dominates huge parts of the world. An indefinite pessimist looks out onto a bleak future, but he has no idea what to do about it. This describes Europe since the early 1970s, when the continent succumbed to undirected bureaucratic drift. Today the whole Eurozone is in slow-motion crisis, and nobody is in charge. The European Central Bank doesn't stand for anything but improvisation: the U.S. Treasury prints In God We Trust on the dollar; the ECB might as well print Kick the Can Down the Road on the euro. Europeans just react to events as they happen and hope things don't get worse.”

OVERVIEW

This book is essentially a collection of lectures delivered by Peter Thiel during his teaching years at Stanford. Along with co-author (and former student) Blake Masters — Thiel has put together a hard-hitting set of standards for entrepreneurs, startups, and thought-leaders to carefully consider when building the next big thing of the future.

Quite frankly, certain sections of the book are so ridiculously well put together that one just sits there and thinks after reading them. Chapter after chapter, Thiel gives example after example of how to successfully build the future.

But Why Listen To Thiel? Well, Peter Thiel has played a role in partnering with, inspiring and/or investing in some of the most successful tech entrepreneurs in the United States (and probably the world) including:

• Elon Musk – who founded SpaceX and co-founded Tesla Motors;
• Reid Hoffman – who co-founded LinkedIn;
• Steve Chen, Chad Hurley, and Jawed Karim – who together founded YouTube;
• Jeremy Stoppelman and Russel Simmons – who founded Yelp;
• David Sacks – who co-founded Yammer; and
• Himself, Peter Thiel – who founded PayPal and Palantir.

Oh, and by the way — all of the above named companies are worth at least $1 billion each. That's a serious chunk of change. Reading Zero To One is sort of like taking a peek into the mind of one of the most successful multi-billionaire investors alive today… In these FlashNotes, we'll get into the top 10-12 key take-aways from the book, including:

• The DOs and DON'Ts of startups
• What to focus on when building a startup
• Insights on building a billion dollar startup that stands the test of time

Ready? Let's get into it.

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