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We should not fear monopolies created by 'zero to one' businesses because they create societal good and monetary value by identifying unmet needs and creating solutions through new technology. These companies are worthy of every dollar they earn as they deliver real value to consumers. Furthermore, they can always be challenged by new companies that improve upon them.
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's underlying thesis is that societal good and monetary value are created by ventures that go from "zero to one" rather than from "one to n." Going from "one to n" implies that you only incrementally improve upon or bring to new markets an existing technology. More valuable, however, are the businesses that can identify an unmet need in the world and create a solution through new technology to address it. These companies are worthy of every dollar they earn. And, we need not fear those so-called monopolies. They deliver real value to consumers and can always be challenged by new companies that in turn improve upon them.
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Learn from tech superstar Peter Thiel (PayPal, Palantir) and his protégé Blake Masters why the only opportunities really worth pursuing are those that...
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Document the essence of your business strategies and develop new ideas with our Canvas Collection. This deck includes some of the most commonly used canvases, such as business model, lean business, strategy sketch, value proposition, and product management.
What’s the best way to showcase and assess a business idea? Customize our Business Model Canvas to compartmentalize and prioritize the most important elements to make a successful business. Whether you’re still brainstorming the next big idea or looking to modify your current business model to better suit market needs, this canvas collection can help you describe how a company creates, captures, and delivers value.
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