Zero to One - Advice From Peter Thiel

Construction as craft and as a business has been around for thousands of years.

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Contractors build and maintain the infrastructure that enables society to grow.  That history comes a lot of pride. It also brings a lot of difficult to change habits.

Leadership Tools: Advice from Peter Thiel. 10 Years vs 6 Months. Book: Zero to One by Peter Thiel.

With the rate that technology is changing the industry leaders in construction companies should learn a little more about how technologists think.  It will make you think differently about your strategy; especially around talent development and technology adoption.  

Peter Thiel challenges some assumptions about how long things should take to innovate in the book Zero to One.  

"If you go back 20 or 25 years, I wish I would have known that there was no need to wait."

“You should take your 10-year life plan and ask:  Why can't I do this in six months?”

"Sometimes, you have to actually go through the complex, 10-year trajectory; but it's at least worth asking whether that's the  story you're telling yourself, or whether that's the reality? "




Four Primary Financing Options
One way or another, there has to be some form of financing for an ownership transition to occur where one or more parties are putting capital at risk.
Bias for Action - Behavior That Matters
“Speed matters in business. Many decisions and actions are reversible and do not need extensive study. We value calculated risk taking.” - From Amazon Principles
Good or Bad is Just Perception
“There is nothing either good or bad but thinking makes it so.” - William Shakespeare It’s too easy to frame things that happen as good or bad. Try to frame things simply as events and accept that you can choose to perceive them however you want.