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Society is secretly driven by sales

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
Secretly
Sales
Driven
Society

More quotes by Peter Thiel

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Recruiting is a core competency for any company. It should never be outsourced.
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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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Rivalry causes us to overemphasize old opportunities and slavishly copy what has worked in the past.
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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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If you can identify a delusional popular belief, you can find what lies hidden behind it: the contrarian truth.
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Of the six people who started PayPal, four had built bombs in high school.
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Had the people who started Facebook decided to stay at Harvard, they would not have been able to build the company, and by the time they graduated in 2006, that window probably would have come and gone.
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Every business is successful exactly to the extent that it does something others cannot.
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Higher education holds itself out as a kind of universal church, outside of which there is no salvation.
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There are only two kinds of businesses in this world: Businesses in crazy competition, and businesses that are one of a kind.
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Moving first is a tactic, not a goal.
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What valuable company is nobody building?
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I believe we are in a world where innovation in stuff was outlawed. It was basically outlawed in the last 40 years - part of it was environmentalism, part of it was risk aversion.
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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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Long-term planning is often undervalued by our indefinite short-term world.
Peter Thiel
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Anyone who prefers owning part of your company to being paid in cash reveals a preference for the long term and a commitment to increasing your company's value in the future.
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You'll attract the employees you need if you can explain why your mission is compelling: not why it's important in general, but why you're doing something important that no one else is going to get done.
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The zero-sum world [the movie The Social Network] portrayed has nothing in common with the Silicon Valley I know, but I suspect it's a pretty accurate portrayal of the dysfunctional relationships that dominate Hollywood.
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People working on bigger ideas on a more protracted timeline will be more on the stealth side. They aren’t releasing new PR announcements every day. The bigger the secret and the likelier it is that you alone have it, the more time you have to execute. There may be far more people going after hard secrets than we think.
Peter Thiel
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Every university…seem[s] to reassure you that ‘it doesn’t matter what you do, as long as you do it well.’ That is completely false. It does matter what you do. You should focus relentlessly at something you’re good at doing, but before that you must think hard about whether it will be valuable in the future.
Peter Thiel