๐ฃ๐ฒ๐๐ฒ๐ฟ ๐ง๐ต๐ถ๐ฒ๐น ๐ผ๐ป ๐๐ต๐ฒ ๐ฑ๐ถ๐ณ๐ณ๐ฒ๐ฟ๐ฒ๐ป๐ฐ๐ฒ ๐ฏ๐ฒ๐๐๐ฒ๐ฒ๐ป ๐๐ต๐ฒ ๐ฏ๐ฒ๐๐ ๐ณ๐ผ๐๐ป๐ฑ๐ฒ๐ฟ๐ ๐ฎ๐ป๐ฑ โ๐ฝ๐ฟ๐ผ๐ณ๐ฒ๐๐๐ถ๐ผ๐ป๐ฎ๐น ๐๐๐ข๐โ In Zero to One, Peter Thiel explains: Why ๐๐จ๐ฎ๐ง๐๐๐ซ๐ฌ build legendary companies while ๐ฉ๐ซ๐จ๐๐๐ฌ๐ฌ๐ข๐จ๐ง๐๐ฅ ๐๐๐๐ฌ often play it safe? The best founders donโt just start businessesโthey build something ๐๐๐๐ฉ๐ฅ๐ฒ ๐ฉ๐๐ซ๐ฌ๐จ๐ง๐๐ฅ. Their company isnโt just a way to make money; itโs their lifeโs mission. But ๐ฉ๐ซ๐จ๐๐๐ฌ๐ฌ๐ข๐จ๐ง๐๐ฅ ๐๐๐๐ฌ are different. They focus on ๐ฌ๐ก๐จ๐ซ๐ญ-๐ญ๐๐ซ๐ฆ ๐ฉ๐ซ๐จ๐๐ข๐ญ๐ฌ and ๐๐ฏ๐จ๐ข๐๐ข๐ง๐ ๐ซ๐ข๐ฌ๐ค๐ฌ. Thatโs why, in the 1990s, many startups replaced founders with CEOs who made โsafeโ decisions. Thiel gives a perfect example: In 2006, Yahoo offered $๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง to buy Facebook. A ๐ฉ๐ซ๐จ๐๐๐ฌ๐ฌ๐ข๐จ๐ง๐๐ฅ ๐๐๐ would have said, โThatโs a huge offer! Letโs sell and cash out.โ But ๐๐-๐ฒ๐๐๐ซ-๐จ๐ฅ๐ ๐๐๐ซ๐ค ๐๐ฎ๐๐ค๐๐ซ๐๐๐ซ๐ ๐ซ๐๐๐ฎ๐ฌ๐๐. Why? Because Facebook wasnโt just a company to himโit was his vision for the future. That decision changed everything. Today, Facebook (now Meta) is worth ๐ก๐ฎ๐ง๐๐ซ๐๐๐ฌ ๐จ๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง๐ฌ. Thielโs lesson? ๐๐ซ๐๐๐ญ ๐๐จ๐ฎ๐ง๐๐๐ซ๐ฌ ๐๐จ๐งโ๐ญ ๐๐ฎ๐ข๐ฅ๐ ๐ญ๐จ ๐ฌ๐๐ฅ๐ฅ. ๐๐ก๐๐ฒ ๐๐ฎ๐ข๐ฅ๐ ๐ญ๐จ ๐ฅ๐๐ฌ๐ญ. So ask yourself: ๐๐ซ๐ ๐ฒ๐จ๐ฎ ๐ฃ๐ฎ๐ฌ๐ญ ๐ซ๐ฎ๐ง๐ง๐ข๐ง๐ ๐ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ, ๐จ๐ซ ๐๐ซ๐ ๐ฒ๐จ๐ฎ ๐๐ซ๐๐๐ญ๐ข๐ง๐ ๐ฌ๐จ๐ฆ๐๐ญ๐ก๐ข๐ง๐ ๐ฒ๐จ๐ฎโ๐ ๐ง๐๐ฏ๐๐ซ ๐ฌ๐๐ฅ๐ฅโ๐ง๐จ ๐ฆ๐๐ญ๐ญ๐๐ซ ๐ญ๐ก๐ ๐ฉ๐ซ๐ข๐๐? Thanks for reading! If you enjoyed this, Follow me Vishu Bheda for more posts on valuable startups insights!
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