How to start a startup

How to start a startup in hindi

Zero to One : Notes on Startups or How to Build the Future by Peter Thiel ➤ Summary 

Youtube channel video url : https://youtu.be/lsyjiOq7keU  

Have you ever wondered how Google,Apple,Amazon etc became so successful and what diffrentiate these successful companies  from other companies. Author Peter Theil the cofounder of PayPal teaches in zero to one how we can create a successful business or startup and can change the world. Here is the summary of the book.

1) Progress from Zero to One :

Every movement in business happens once. The next Bill gates will not build an operating system. The next Mark Zuckerberg won't create a social networking site. Similarly the next Larry page won't create a search engine.

So, if you are coping them, then you are not learning from them. 

When you copy something that already exists you go from 1 to n. But when you create something new and unique that no one ever created you go from 0 to 1.

Ex: if at the time of typewriters you thought of creating a better and more iterations typewriter then you have gone from 1 to n , also called horizontal progress.

But if you thought of creating a computer word processor then you had gone from 0 to 1, also called vertical progress.

In vertical progress nothing is copied.

Like the successful companies Google, PayPal etc they got success because of their unique ideas and work.

2) Competition or Monopoly :

In 2013 Apple's market capatilization was $500 billion and Google , Microsoft combined was 467$ billion. Three years ago both  google and Microsoft was way ahead from Apple but because of competition they compited, and Apple won. Competition doesn't  encourages us for betterment but it reduces our power and gives loss. So avoid compotition for success. For getting success find a market where competition is less.

Opposite of competition is Monopoly. Monopoly means being the best in your work so that everyone comes to you only. The company do so much better that no one else can survive.

Google is a great example of monopoly.

If I tell you to search something then you will definitely Google it. 

So for a Successful Startup remember to create something new and become best in your field.