Peter Thiel Quotes About Competition

Quotes about: Competition

• There are only two kinds of businesses in this world: Businesses in crazy competition, and businesses that are one of a kind.

  Peter Thiel

  Crazy, Two, Competition

• Competition is overrated. In practice it is quite destructive and should be avoided wherever possible. Much better than fighting for scraps in existing markets is to create and own new ones.

  Peter Thiel

  Fighting, Practice, Competition

• All happy companies are different: each one earns a monopoly by solving a unique problem. All failed companies are the same: they failed to escape competition.

  Peter Thiel

  Unique, Competition, Different

  Peter Thiel, Blake Masters (2014). “Zero to One: Notes on Startups, or How to Build the Future”, p.29, Crown Business

• Customers won’t care about any particular technology unless it solves a particular problem in a superior way. And if you can’t monopolize a unique solution for a small market, you’ll be stuck with vicious competition.

  Peter Thiel

  Unique, Technology, Competition

  Peter Thiel, Blake Masters (2014). “Zero to One: Notes on Startups, or How to Build the Future”, p.123, Crown Business

• All failed companies are the same: they failed to escape competition.

  Peter Thiel

  Competition, Company

  Peter Thiel, Blake Masters (2014). “Zero to One: Notes on Startups, or How to Build the Future”, p.29, Crown Business

• As you craft a plan to expand to adjacent markets, don't disrupt: Avoid competition as much as possible.

  Peter Thiel

  Competition, Crafts, Plans

  Peter Thiel, Blake Masters (2014). “Zero to One: Notes on Startups, or How to Build the Future”, p.47, Crown Business

• Under perfect competition, in the long run no company makes an economic profit.

  Peter Thiel

  Running, Long, Perfect

  Peter Thiel, Blake Masters (2014). “Zero to One: Notes on Startups, or How to Build the Future”, p.22, Crown Business

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