Peter Thiel: Going from Zero to One

Entrepreneur Peter Thiel believes that history, at least when it comes to businesses, never repeats itself. As a member of the so-called PayPal Mafia, the first outside investor in Facebook and founder of the Thiel Fellowship, Thiel himself has built a career of founding one-of-a-kind enterprises. Hear the "contrarian truths" that led to his biggest successes.
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Chicago Ideas Week is an annual seven-day celebration of ideas, innovation and community, aiming to become the platform for ideas, created for innovators, thinkers, doers. CIW's goal is to stimulate new initiatives and ventures, create new connections and collaborations, and establish a community of people who have the desire to achieve great things. Learn more: www.chicagoideas.com

[@techstacker5361]

He's the only entrepreneur I've heard directly encourage you to aim for a monopoly. Everyone else is like “yeah competition is awesome, it makes everyone better” but Thiel is like “nah screw competition, dominate!”. 😂

[@jeoboden]

he's not talking about the type of monopoly that is bad

[@gamespace6582]

He is a legend

[@Obyvvatel]

he does say in some other video that competition does make everyone better in the thing you're competing in, but it's not the way those ground breaking companies get big edit: he said it here too

[@citadelo5ricks]

Successful companies build for niches.

[@icaroamorim3123]

@@jeoboden exactally

[@TWWIW]

His Zero to One book is a must-read. Probably one of the best pieces of literature on business ever written.

[@waxcomb]

Are you the pro skater?

[@futurepreneur5403]

On Philosophy

[@rahulchandra544]

Yeah...my first self-help book was zero to one.

[@suryaprakash-mo6ui]

@@rahulchandra544 same here yo

[@motive2legend]

I am 15 i have just completed zero to one book it helped me so much I get ideas everytime but am i ready to enter startup world? What books or things should i do next pls... Help sir

[@stevevinsonhaler197]

He is after the mindset. Having a mindset of dominating versus a mindset of competing. Two different thoughts to become successful.

[@theworldismine7788]

I like how he says the jokes without laughing or smiling that makes jokes more funny :)

[@rubensnijder7358]

He's not joking

[@sigitkus7029]

@@rubensnijder7358 lol

[@jimihendrixx11]

Wit

[@Chaloonoupada]

He is gay. 😐

[@christonjames3425]

If you read the book Zero to One, he is literally giving info directly from the book. But monopolizing is definitely the way to go when doing business💡

[@Grevlain]

I just read Zero to One over the past three days. AMAZING book. Its going on a short list of books that I re-read each year.

[@htkchris9333]

What I like about him is...He doesn't ask people to believe absolutely in his idea

[@johnfoley4023]

Psychologically hard to leave because their identities were so WRAPPED UP in the competitions they had won, the people they had beaten along the way. They couldn't imagine doing something different. This is why COMPETITION is a two edged thing. In a competition you NARROW your focus to those around you but you lose sight of what is IMPORTANT or more valuable.

[@AdityaVerma-re5tv]

This book zero to one is best book ever made for startups .

[@thatguyshawn3738]

That was fucken powerful. I have felt myself losing enthusiasm for entrpreneurial goals but after listening to that I feel completely invigorated. Thank you Peter Thiel and Thank you Chicago Ideas.

[@Zz.lyn5]

Happens to a lot of us, but I think we need to listen to mentors and they'll motivate us again

[@venomtang]

Lol sit down and keep smoking weed, you're going nowhere in your life

[@jimihendrixx11]

Vision, strategy, execution

[@othihaliemleu8382]

Stop commenting and work for something!

[@motive2legend]

I am 15 i have just completed zero to one book it helped me so much I get ideas everytime but am i ready to enter startup world? What books or things should i do next pls... Help sir

[@tednugent1351]

Even though I'm completely against Paypal, I did have and use my account until last year. This guy is not only pretty smart he's very articulate.

[@jlons5586]

He doesn't run PayPal anymore. He sold his stake years ago

[@joshn2342323]

He is right. If you want to be a successful entrepreneur... you have to think of that next big UNIQUE idea and make it a reality and then dominate in that new market you've created.

[@AndrewvanMOBATv]

How many of you have read his book "Zero to One"?

[@thewolf-cp9pq]

This is video is like the summary of zero to one.

[@hodgeknobbler9848]

I’m almost finished with it. Very good book.

[@jryek]

His definitely is under rated. I read his book couple of time and listen to the audio version at least dozen of time, each time I will learn new things. And I apply his thinking and ideology into investing, you will be surprised why Zero to One is not the top investing book of all time.

[@shauryapathak1217]

I've read it✋

[@gokulnath3165]

Me ,im from india , his book changed my view point on start ups

[@hoastbeef1202]

The world needs more people like Peter Thiel.

[@Mr.Monta77]

Not really.

[@OmahaRiverDonkey]

Why? Are you into superior race, eugenics, divisive reactionary politics, global warming is a myth thinking?

[@matthewbrophy6555]

No you're right. The world needs more people like thiel... in your north american prisons! Fill ya boots up.

[@OurNewestMember]

I like how he drops that huge bomb of a question and then ends his talk

[@hamzaharfaoui1411]

Question are the answer buddy

[@heatherkeeping8972]

I love his valued content and his style of speaking; humour that is dry is spectacular and very engaging for holding attention. :)

[@aaaaaaaaaaaaaaaaa393]

He made the audience laugh many times but his mood didn't change a bit.

[@stellamaxwell777]

He reuses the same jokes so he’s used to it

[@Adam-ui3ot]

He had a little smile when he said he left the law firm after 7 months and 3 days.

[@mensrea1251]

It’s partly because some of his insights aren’t meant to be funny at all.

[@hayinka7691]

i bet everyone in that audience bought his book after this talk. this one of the unique talks that condenses so many concepts that perceived remote of each other in a clear and fun manner.

[@Samsonjukeria]

He said a lot of gems while encouraging entrepreneurs. Love it

[@noamgonen6243]

Great talk ! I wholeheartedly agree as society we seek too much affirmation and confirmation and as a result to maintain it have to “wrong” all those who don’t conform (or else it means we’re all wrong?) Breakthroughs don’t come from Zero sum games but rather from spaces where sum of parts is bigger than the whole.

[@nickvoutsas5144]

Every word you say coveys meaningful bites of business truths.

[@janarthananpoornavel6096]

Taking a dig at the notion of developed nation without being condescending, you have earned my respect as a philosoph (sceptical about current definitions)

[@parasharjjjayant]

wisest businessman

[@369jwillow]

What a refreshing talk.

[@terencewood8232]

When you compete ferociously you'll get better at that you're competing on but you'll always narrow your focus to beating the people around you and it often comes at this very high price of losing focus on what is more important or perhaps very valuable.

[@20thcenturyboy85]

LOVE this presentation! Dude is TOTALLY On Point!

[@sung-hochung5618]

I love this guy! So insightful.

[@nafiibrahimaj8870]

Great man with great ideas!

[@paulstevenconyngham7880]

This talk is amazing

[@draaminjam]

Great man...And great speaker

[@SUNITADEVI-yx5mu]

In simple way I love Peter thiel.❤️❤️

[@guan-hanchiu5831]

Great speech for human inspiration

[@ritamustikasari]

I just finish the first chapter and now so eager to continue. Thank you this is a good book. Enjoy it very much. Hope I can use it in my butterfly pea flower business here in a village so help generating income farmers and as well provide good healthy food for society. Regards from Karanggendot. English is not my first languange. So I have to read and read again before I really understand the paragraphs. This video helps me better understand the content. Thank you Chicago Ideas.

[@mosialive]

Peter Thiel is THE GUY!

[@darktealglasses]

This is one of the best videos I've ever watched

[@jamesalba4182]

The idea on monopoly business creation is gold

[@harshguptaxg2774]

Peter Thiel has built multiple breakthrough companies and Zero to One shows how..

[@abbesseqqat6447]

This guy is a genius! Thanks for sharing. Very insightful!

[@usmankazi5922]

What an awesome talk

[@vladmkrtumyan1660]

Frame this negatively as “competition is for losers”, positively as “find what only you are the best at in your business to take over”

[@marcuspontiuspilatus]

This talk is just brilliant!

[@AlvinIvy]

I must say. This is so relevant today

[@jonathanfantasy3943]

great speech

[@SidLaw500]

Thiel is brilliant.

[@SEMarketing5]

Such a great speech sir! Love it!

[@clarkent7574]

bringing special touch of spirituality to tech. great

[@ericbursey6950]

Intellectual Courage !

[@FarzanasLaw]

XTHIS IS SUCH A GOOD VIDEO!!!

[@user-zi8ew5iy6u]

I loved his speech

[@duderadley2383]

That was probably the swag-est speech the world has ever seen

[@DhavidBenTrinidad]

He is a great charismatic person.

[@donhansen1175]

Awesome!

[@Auktioneronline]

Maybe the best speach I ever heard

[@NikhilNeswankar]

awesome

[@gypsygrannymsb]

I would love to see a debate between Jordan Hall and Peter Thiel.

[@mariaa.9952]

He's worth 2.2B but his videos have low % of viewership, on YT. What's the secret behind that?

[@trav-c137]

Maria A. it just shows not that many people are out here trying to educate themselves. we should be taking advantage of that.

[@Neonb88]

Your secret can be that you listen to Peter Thiel instead of just the people geography has chosen for you to listen to

[@luckerooni7628]

He makes the trendy billionaires look very bad. He is a rational skeptic of whimsical religious level tech fervor. He is what you would call a "party pooper."

[@ebenezerghanney6388]

@@headhunter7616 It depends on when he sold most of his holdings in facebook because he is not still holding 10.4%

[@draco5293]

Maria A. The secret is that he was an early endorser of Trump the Tarriff Man

[@ravindertalwar553]

CONGRATULATIONS 👏 and all the best for your success and happiness ❤️

[@strategysprints]

Brilliant advice for entrepreneurs.

[@motive2legend]

I am 15 i have just completed zero to one book it helped me so much I get ideas everytime but am i ready to enter startup world? What books or things should i do next pls... Help sir

[@lukejeong899]

@@motive2legend paul graham

[@mwenenimathias5195]

Such a brilliant guy,,

[@reynadlobrownhouse4324]

Amen. Thank you. I first watched Chicago ideas week while in county prison in yolo county. I really respect the venue. I rebuke the devil in the name of Jesus Christ. Amen

[@allenjohn1618]

Amen

[@alamjim6117]

Great video.

[@citral9953]

Music to my ears

[@shankar167]

Masterpiece

[@tracysample6942]

Looking forward to reading Max Chafin's latest book The Contrarian about cyborg Peter Thiel.

[@Hadzess137]

This is great!

[@padthaizilla9165]

Thinking to depart on a journey to startup my company , what holds me back is the things i know is not 100% , worry not able to operate everything and investment cost is somehow limited

[@sergiog2930]

Gonna buy his book

[@ixi5659]

Brilliantly articulated 💯🙌🏻™️

[@20080934]

thank you peter thiel

[@dariusmwasoka948]

I love his ideas

[@anwarjumabhoy4936]

Watched again today. And was reminded of the John D. Rockefeller always denying his monopoly on railroads, pipelines and oil.

[@motive2legend]

I am 15 i have just completed zero to one book it helped me so much I get ideas everytime but am i ready to enter startup world? What books or things should i do next pls... Help sir

[@cchege]

​@@motive2legend read millionaire fastlane by m.j demarco.

[@abinashtiwari1651]

as a Nepalese it feels proud to listen Nepalese from such influential guys

[@RamaKrishna-ue2jh]

Phenomenal 👍

[@BooneStories]

I love this dude

[@guharup]

formidable intellect

[@shyama5612]

Monopoly can be in 2 ways 1. You excel at something so good, there is no one even close by - such as google search engine. this is the good kind. 2. You work the gov and make laws to shield you from competition. this is the bad kind. People are often reminded of #2 when we think of a monopoly.

[@cchege]

Monopoly can be in 3 ways. 1) create a new product that is helpful to society. 2) new change in behavior. Get people to adopt to certain lifestyle. 3) new govt regulations. Have an unfair advantage.

[@grahamlawlor8361]

I hope his brilliant concept doesn't boil down to "you should have a monopoly" - cuz there's nothing less original than that idea!

[@rahimulkabir5066]

I don't know why Peter's mentality & thoughts are exactly the same with me, looks like we are the same person from different timeline! Mmm.... Fascinating....

[@sukantaroyindian]

Great sir....🙏

[@shrisub881]

go.give bank ssc you cheap Indian

[@Giggity08]

Don’t aim to be the best, go the distance!

[@ultiumlabs4899]

seems like his point is about "blue ocean strategy", am I right? if it is, we need a lot of capital to educate the market. I'm not that type, don't have many capital upfront to create new market.

[@shaktischauhan]

What a guy!

[@motive2legend]

I am 15 i have just completed zero to one book it helped me so much I get ideas everytime but am i ready to enter startup world? What books or things should i do next pls... Help sir

[@bhubanghimire780]

Brilliant! 4:08 :)

[@michaelcalibri3620]

Spot-On

[@rashidayost4815]

It is true. In Martinsburg Wv, around 100k population, I open 4 daycares within 1.5miles radius in one year. All 4 daycares will be filled by November 2021. Totalling 217 kids. Amazing.

[@RAHULVERMA-vn6hc]

BUY """COMPLETELY DETAILED- EASY SUMMARY CHART""" FOR ""ZERO TO ONE"". REPLY TO GET ACCESS TO DIGITAL SAMPLE. """SO WELL MADE THAT YOU WILL NEVER FORGET ANY CONCEPT FROM THIS BOOK.""",

[@alabhyajindal]

Peter Thiel is the boss

[@MIAtown09]

Yessir algorithm show me more content like this

[@jasperokearney2655]

Great book

[@RAHULVERMA-vn6hc]

BUY """COMPLETELY DETAILED- EASY SUMMARY CHART""" FOR ""ZERO TO ONE"". REPLY TO GET ACCESS TO DIGITAL SAMPLE. """SO WELL MADE THAT YOU WILL NEVER FORGET ANY CONCEPT FROM THIS BOOK.""",

[@chicagofineart9546]

I'm no fan of P.T but I'm struck by his candor and willingness to share his entrepreneurial approach. Of course it's loaded with contrarian advise as can be expected. I especially liked his barbs thrown at business school. On the other had he says that copying and duplicating success is one of the best ways to advance globalization, with which I agree. Of course then you see the full dilema of success: If it's that easy everyone will copy it, which pivots you back to his first principle: strive toward monopoly in your market, or better yet create a market in which the cost to competitors is enormous. So easy to say, so hard to do. It is said the average person has only one good idea in his lifetime, a genius maybe three or four. One reason this country and most countries have anti-monopoly laws is to keep business from becoming overly powerful and accrue to themselves outsized wealth and influence. In the US that all went away with Regan and now we have a plutocracy that can dominate the marketplace and politics. No wonder Thiel has become a fascist. It works great for him! Not so for US.

[@chris8949]

This guy is realy funny, nevef saw him this way ..;-)

[@innovativefacultytrainingp1546]

Very good

[@carpballet]

His difficulty smoothly articulating drives me nuts but I love his content.

[@chrislecky710]

Yep I'll go.

[@CafePressi]

Brilliant

[@bizmogrowth9081]

Close your eyes and listen to him talk… tell me he doesn’t sound like Nicolas Cage.

[@rajeshshrestha1625]

Great lesson learned. Any one who is business partners of Elon Musk undoubtedly zero to one business guy!

[@lewisburton1852]

Facebook didn't have a first-mover advantage why were they able to monopolize and not Myspace?

[@motive2legend]

He has also mentioned last mover advantage in his book go through it

[@particleman5893]

Facebook got a more elite userbase, which later attracted the plebs.

[@alexandercle]

Any man could be very rich comparatively, and only in some aspects. Only a truly good man admits to himself that he knows, that he is so rich, yet, at the same time, very poor in other aspects. That, he could be my teacher, my friend, and my comrade. altc

[@josef9988]

Competition is good for the consumer not for the owner. The owner needs to aim for monopolies and competition borns naturally

[@bharthyadav6794]

great vedioe Conclusion : monopoly is always better than competition think different

[@GameratMalayali]

poli anna