Zero to One
Key Principles for engineering the future.
- Go from 0 to 1, not 1 to n. Create something entirely new instead of copying what already exists. True innovation is singular and unique.
- Challenge conventional thinking. Question popular assumptions and find the contrarian truth. Have a strong, unique vision for the future.
- Start small and monopolize. Dominate a specific niche first, then scale to adjacent markets. Embrace monopoly and aim to be the last mover.
- Build a strong brand, network effects, economies of scale, and proprietary tech. These create long-term barriers to competition.
- Seek out secrets - valuable truths that are not widely known or agreed upon. Use them to create unique, valuable businesses.
- Prioritize design and product development over short-term growth. Sales and marketing won't save a mediocre product.
- Have a small, talented team of mission-oriented individuals, not an undifferentiated workforce. Founders should have complementary skill sets.
- Don't underestimate the importance of distribution. Even great products need a viable path to customers.
- Plan for the long-term. Look past short-term obstacles to the bigger picture. The best companies plan for decades, not just years.
- Focus relentlessly on creating value for society. Businesses succeed by solving real problems.
Engineer best practices and trade secrets for making valued products into your platform.