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

5 жыл бұрын

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

@gamespace6582

5 жыл бұрын

He is a legend

@Obyvvatel

5 жыл бұрын

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

5 жыл бұрын

Successful companies build for niches.

@icaroamorim3123

4 жыл бұрын

@@jeoboden exactally

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

@waxcomb

2 жыл бұрын

Are you the pro skater?

@futurepreneur5403

2 жыл бұрын

On Philosophy

@rahulchandra544

2 жыл бұрын

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

@suryaprakash-mo6ui

Жыл бұрын

@@rahulchandra544 same here yo

@motive2legend

Жыл бұрын

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

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

@rubensnijder7358

3 жыл бұрын

He's not joking

@sigitkus7029

3 жыл бұрын

@@rubensnijder7358 lol

@jimihendrixx11

3 жыл бұрын

Wit

@Chaloonoupada

Ай бұрын

He is gay. 😐

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

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

4 жыл бұрын

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.

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

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

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

@thewolf-cp9pq

4 жыл бұрын

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

@hodgeknobbler9848

3 жыл бұрын

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

@jryek

3 жыл бұрын

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

3 жыл бұрын

I've read it✋

@gokulnath3165

3 жыл бұрын

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

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.

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

4 жыл бұрын

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

wisest businessman

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

@hamzaharfaoui1411

2 жыл бұрын

Question are the answer buddy

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

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.

@JonP1234

4 жыл бұрын

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

@venomtang

4 жыл бұрын

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

@jimihendrixx11

3 жыл бұрын

Vision, strategy, execution

@othihaliemleu8382

2 жыл бұрын

Stop commenting and work for something!

@motive2legend

Жыл бұрын

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

The world needs more people like Peter Thiel.

@Mr.Monta77

2 жыл бұрын

Not really.

@OmahaRiverDonkey

2 жыл бұрын

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

@matthewbrophy6555

Жыл бұрын

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

I love this guy! So insightful.

This talk is amazing

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.

LOVE this presentation! Dude is TOTALLY On Point!

Every word you say coveys meaningful bites of business truths.

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

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

@stellamaxwell777

3 жыл бұрын

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

@Adam-ui3ot

Жыл бұрын

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

@mensrea1251

Жыл бұрын

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

What a refreshing talk.

In simple way I love Peter thiel.❤️❤️

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

Great man...And great speaker

Great man with great ideas!

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.

Great speech for human inspiration

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.

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

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.

What an awesome talk

Peter Thiel is THE GUY!

This talk is just brilliant!

Thiel is brilliant.

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

bringing special touch of spirituality to tech. great

The idea on monopoly business creation is gold

I must say. This is so relevant today

This is great!

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

Masterpiece

Awesome!

He is a great charismatic person.

I love this dude

Such a great speech sir! Love it!

Maybe the best speach I ever heard

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

formidable intellect

Brilliantly articulated 💯🙌🏻™️

XTHIS IS SUCH A GOOD VIDEO!!!

thank you peter thiel

Such a brilliant guy,,

great speech

Gonna buy his book

Great video.

Intellectual Courage !

Phenomenal 👍

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

I love his ideas

Music to my ears

I loved his speech

awesome

What a guy!

@motive2legend

Жыл бұрын

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

Brilliant advice for entrepreneurs.

@motive2legend

Жыл бұрын

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

6 ай бұрын

@@motive2legend paul graham

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

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

Peter Thiel is the boss

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

2 жыл бұрын

Amen

Brilliant

Spot-On

Yessir algorithm show me more content like this

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

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

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

@trav-c137

7 жыл бұрын

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

@Neonb88

5 жыл бұрын

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

@luckerooni7628

5 жыл бұрын

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

4 жыл бұрын

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

@draco5293

4 жыл бұрын

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

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

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

Жыл бұрын

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.

In PLTR we trust.

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

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....

British Nepalese fusion cuisine sounds great haha gr8 talk

@roughtough6837

2 жыл бұрын

I was literally confused if he said that or not and came scrolling to look anyone commenting on this topic😅😅😅

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

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.

Brilliant! 4:08 :)

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

@motive2legend

Жыл бұрын

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

Жыл бұрын

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

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.

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

Yep I'll go.

Very good

Great sir....🙏

@shrisub881

4 жыл бұрын

go.give bank ssc you cheap Indian

Great book

@RAHULVERMA-vn6hc

Жыл бұрын

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.""",

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

Unbelievably insightful, brilliant dude

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

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

Жыл бұрын

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.""",

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

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

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

I have finished watching this video completely. (我看完這部影片了) I am a Taiwanese who cares about the global affairs. (我是一個關心全球事務的台灣人) And, sadly, most of my fellow Taiwanese don't really care about the world. (但是，很不幸地，我大部分的台灣同胞不那麼在意世界。) Hopefully Taiwan can become increasingly globally-aware and globally-competitive. (希望台灣可以越來越有全球意識與全球競爭力。) God bless Taiwan. (天佑台灣。)

@sebastiaosalgado1979

2 жыл бұрын

I love TSMC! I am a shareholder of this company!