Zero to One (by Peter Thiel) Summary - Chapter 4

The following is a summary of Zero to One: Notes on Startups or How to Build the Future. I do not claim to own any of the book's original work, the following is simply a bulleted summarization with a few direct quotes. All copyrights and trademarks belong to their respective owners. Chapter 4 - The Ideology of Competition:
  • “Creative Monopoly means new products that benefit everybody and sustainable profits for the creator”
  • “Competition means no profits for anybody, no meaningful differentiation, and a struggle for survival”
  • Competition distorts our thinking (it is what society believes, but it is bad)
    • The more we compete the less we gain
  • In the business world, companies compete because they are mostly the same
    • The hazards of imitative competition are avoidable by doing thinking for yourself
  • “If you cannot beat the competition, it may be better to merge”
    • Smarter to have no competition, etc.
  If you've liked this summary, I highly recommend you get the full book here: Zero to One: Notes on Startups, or How to Build the Future < Previous Chapter | Overview | Next Chapter > - Alec Kriebel