This week I started the book Zero To One by Blake Masters, & Peter Thiel. Blake Masters is Chief Operating Officer at Thiel Capital & was a student at Stanford University during Peter Thiel tenure at the university teaching entrepreneurship. However it should also be noted that Peter Thiel is American entrepreneur and venture capitalist, he is a co-founder of PayPal, Palantir Technologies and The Founders Fund.
This book has been not only very helpful, but insightful. Understanding that “every moment in business can only happen once, that next Bill Gates won’t create an operating system, the next Larry Page or Sergey Brin won’t make a search engine.” After a couple of days of thinking about this concept I have come understand this idea as a fundamental truth, If someone were copy these idea, they wouldn’t be learning from them, they would simply be copying a model that works instead creating something new.
So far in my reading I have learned that the process I have described above is nothing more than going from one innovation, (1) and creating more of it (N), in other words the process is simply going from (1 to N), someone creating more of something familiar that already exists. Meanwhile every time we create something new we are going from (0 to 1) with the act of creation being singular. This theory simply states that creation and innovation are different, creation furthers our ability as human meanwhile innovations adds to an existing technology to in theory make it better.
Thiel then goes on to explain that “unless American companies invest in the creation of new things they will fail in the future, no matter how big their profits are today, and the impending crisis that awaits the organizations that don’t invest will have consequences far greater than 2008.”
What I have read so far had me thinking, about my what I had written in my first post.
Q : Is my idea really changing the energy landscape in the United States?
A: Yes.
Q: How?
A: I’m fundamentally changing the way we use and create energy in the United States while doing it in a sustainable and eco friendly way. I am able to cut the production & transportation cost of hydrogen and in theory make it cost competitive with Regular Gasoline – 87 Octane.
While this is my last post for the week I still have a lot to figure out.
Sounds like an interesting read! Creation and innovation are definitely distinct.