Superior sales and distribution by itself can create a monopoly, even with no product differentiation. The converse is not true. No matter how strong your product-even if it easily fits into already established habits and anybody who tries it likes it immediately-you must still support it with a strong distribution plan.
Peter ThielMost people are average. Founders are not. Founders' traits seem to have an inverse normal distribution to them.
Peter ThielIf they don't go to law school, bright college graduates head to Wall Street precisely because they have no real plan for their careers.
Peter ThielI think anything that requires real global breakthroughs requires a degree of intensity and sustained effort that cannot be done part time, so it's something you have to do around the clock, and that doesn't compute with our existing educational system.
Peter Thiel