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The most successful businesses have an idea for the future that's very different from the present.

Peter Thiel

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Peter Thiel
Age: 57
Born: 1967
Born: October 11
Banker
Chess Player
Computer Scientist
Entrepreneur
Financier
Writer
Frankfurt/Main
Peter Andreas Thiel
Present
Successful
Future
Idea
Ideas
Different
Businesses

More quotes by Peter Thiel

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If people were super-optimistic about technology there would be no reason to be pessimistic about the future.
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Under perfect competition, in the long run no company makes an economic profit.
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In a world where wealth is growing, you can get away with printing money. Doubling the debt over the next 20 years is not a problem.
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Moving first is a tactic, not a goal.
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As you craft a plan to expand to adjacent markets, don't disrupt: Avoid competition as much as possible.
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American government is not dominated by engineers, it is dominated by lawyers. Engineers are interested in substance and building things lawyers are interested in process and rights and getting the ideology correctly blended. And so there is sort of no really concrete plan for the future.
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As an investor-entrepreneur, I’ve always tried to be contrarian, to go against the crowd, to identify opportunities in places where people are not looking.
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I think somehow people should be encouraged to think about a very long time horizon and I think this is true for businesses, it's true for governments and it's true for people doing things in the non-profit sector.
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Rivalry causes us to overemphasize old opportunities and slavishly copy what has worked in the past.
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Society is secretly driven by sales
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Big part of the challenge to innovation is that people too easily resign themselves to dying.
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The developing world can just do things that are extensive or horizontal, that basically copy. The developed world needs to do things that are intensive or vertical, where we take our civilization to the next level.
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There are many more secrets in the world that are waiting to be found. The question of how many secrets exist in our world is roughly equivalent to how many startups people should start.
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There are still many large white spaces on the map of human knowledge. You can go discover them. So do it. Get out there and fill in the blank spaces. Every single moment is a possibility to go to these new places and explore them.
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Long-term planning is often undervalued by our indefinite short-term world.
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I no longer believe that freedom and democracy are compatible.
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For Hamlet, greatness means willingness to fight for reasons as thin as an eggshell: anyone would fight for things that matter true heroes take their personal honor so seriously they will fight for things that don’t matter.
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I think we have a bubble in the US in government bonds, because of the quantitative easing and the negative real interest rates, and to some extent, that increases asset values across the board, including in startups.
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Technology is probably the single biggest driver of productivity gains for the developed countries. For example, I think it's much more important than free trade.
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The something of somewhere is mostly just the nothing of nowhere.
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