Published: 2014 & Pages: 224
Vertical progress (inventing something new) is harder than horizontal progress (improving existing things) because it requires thinking about something new that doesn’t exist yet. To succeed as a start-up founder, you need to predict the future by critically examining the present. Peter Thiel, a successful entrepreneur, asks job candidates to share an important truth that few people agree with them on because he values those who can think differently and shape the future.
Imagine you’ve analyzed your future possibilities. The next step is to focus. Trying to prepare for all possible future events is ineffective because there are too many unknowns. It’s better to work towards one specific future that suits you best. For example, instead of doing many extracurricular activities to get into a good university, it’s smarter to master one subject and become the best at it.
This idea is crucial for start-ups. They have one best future, and reaching it requires making careful decisions, finding a unique niche, creating an innovative product, and waiting for the right moment. When the time is right, it’s time to take action.
بسم اللہ الرحمان الرحیم،
اردو ترجمہ جلد پوسٹ کیا جاےَ گا، انشاءاللہ
Vertical progress is harder because it involves thinking about something entirely new and not yet in existence.
Start-up founders must predict the future by critically assessing the present.
Thiel values individuals who can think differently and shape the future.
It’s ineffective because the future is full of unknowns and variables.
The paragraph suggests focusing on one specific future that suits you best, rather than trying to prepare for all possibilities.
It’s recommended because becoming the best at one subject is more effective in achieving success.
Start-ups have only one best future, and this approach is essential to reaching it.
It involves making deliberate decisions, finding a unique niche, creating an innovative product, and waiting for the right moment.
It’s time for action when the right moment arrives.
This information is valuable because it highlights the importance of making strategic choices and focusing on what truly matters for success.