Q: Is it better to target a small market or a large one? In the clip below, Peter Thiel (billionaire venture capitalist and co-founder of PayPal and Palantir) describes his framework for evaluating markets: “It’s always a big mistake going after a giant market on day 1. That’s… Show more

"You should focus relentlessly on something you’re good at doing, but before that you must think hard about whether it will be valuable in the future... in a power law world, you can’t afford not to think hard about where your actions will fall on the curve."

Focus is a force multiplier on work.

Almost everyone I’ve ever met would be well-served by spending more time thinking about what to focus on. It is much more important to work on the right thing than it is to work many hours. Most people waste most of their time on stuff that doesn’t matter.

Once you have figured out what to do, be unstoppable about... See more

Peter Thiel: Extreme focus is a superpower “Don’t divide your attention. Focusing on one thing yields increasing returns for each unit of effort.At a micro level, an extra hour of focus on the current project has a much higher return than an hour on something new, or worse, 5 minutes each on 12 new things. Before you ever do something new, you shou... See more