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The Pete Quiñones Show

Pete Reads Peter Thiel's 'Zero to One' - Part 2

The Pete Quiñones Show

Peter R Quiñones

Politics, Society & Culture, News, News Commentary

4.8951 Ratings

🗓️ 2 March 2024

⏱️ 53 minutes

🧾️ Download transcript

Summary

52 Minutes

PG-13

Pete continues reading and commenting on Peter Thiel's best-seller, Zero to One. In this second episode, Pete covers chapters 4 and 5: The Ideology of Competition and Last Mover Advantage.

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Transcript

Click on a timestamp to play from that location

0:00.0

Amazing! of the most popular brands of prescription glasses and sunglasses

0:14.6

there's even up to 50% off hearing aids up to 50% off in the optical center sale

0:19.7

don't wait bring the whole family and make the most of it.

0:26.0

Sale offers can't be combined with other current offers.

0:28.1

See in store for T's and C's.

0:30.4

I want to welcome everyone to part two of my read through of Peter Teals 0 to 1.

0:37.1

Let's jump right into it.

0:39.0

In the first episode I read the preface 0 to 1 in chapters 1 2 and 3 chapter 1 was the challenge of the future

0:47.8

chapter 2 was party like it's 1999 and chapter 3 is all happy companies are different.

0:55.0

Today's episode, we're going to start with Chapter 4,

0:59.0

The Ideology of Competition.

1:01.6

Have that up on the screen, I'm just going to jump right in.

1:05.7

The ideology of competition.

1:08.1

Creative monopoly means new products that benefit everybody and sustainable profits for the creator.

1:13.7

Competition means no profits for anybody,

1:16.7

no meaningful differentiation,

1:18.9

and a struggle for survival.

1:21.5

So why do people believe that competition is healthy? The answer is that

1:25.7

competition is not just an economic concept or simple inconvenience that individuals and

1:30.9

companies must deal with in the marketplace.

1:33.6

More than anything else, competition is an ideology,

1:37.6

the ideology that pervades our society

...

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