Zero-to-One Start Up Flashcards

1
Q

Secret Question?

A

Have you identified a unique opportunity that others do not see?

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2
Q

Who sells customers?

A

Business developer

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3
Q

What are the most important first steps to start a startup?

A
  • Right co-founder
  • Both work full time
  • No working remotely
  • CEO is low paid
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4
Q

What is Zero-to-One vs One-to-N businesses?

A
  • Create something new.
  • extend existed products and globalize.
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5
Q

Durability Question:

A

Will your market position be defensible ten or twenty years into the future?

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6
Q

Distribution Question:

A

Do you have a way not only to create but deliver your product?

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7
Q

People Question?

A

Do you have the right people?

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8
Q

Monopoly question :

A

Are you starting with a big share of a small market? (Monopoly and start in small scale)

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9
Q

Author Peter Thiel (founder of PayPal) merged with X.com (Musk) main idea?

A
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10
Q

Zero-to-One seven Questions by Peter Theil:

A
  • Engineering
  • Timing
  • Monopoly
  • People
  • Distribution
  • Durability
  • Secret
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11
Q

Zero-to-One solution to competition example

A

Merging PayPal (Theil) and X.com (Musk)

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12
Q

Zero-to-One valuation of UBER, AIRBNB, SNAPCHAT

A

$40B, $10B, and #10B

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13
Q

Timing Question:

A

Is now the right time to start your business?

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14
Q

Engineering question:

A

Can you create breakthrough instead of improvements (10X, Monopoly)

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15
Q

Zero-to-One Business examples Monopoly

A

Google —> Search engine

Facebook —> Social platform

Amazone —> Number of books

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16
Q

Zero-to-one sales and product?

A

Sales as important as product

17
Q

Zero-to-one having a plan

A

Having a bad plan is better than not having a plan.

18
Q

What are the four secrets for startup success?

A
  • Vision and not A/B testing
  • 10X better product
  • Small market then scale quickly
  • Monopoly with no competition
19
Q

Zero-to-One Competition:

A

Competition kill profit

20
Q

Who sells companies?

A

Investment Banker

21
Q

What are the hidden secrets in AIRBNB and UBER?

A

Connecting Supply to Demand

22
Q

Who sells himself?

A

politician