chowyonghan Author

How to get your business idea?

(Excerpt from Zero to One by Peter Thiel) There are two kinds of secrets: secrets of nature and secrets about people. Natural secrets exist all around us; to find them, one must study some undiscovered aspect of the...

September 21, 2019| Strategy, Tech Read More

Be selective about what you work on. Think hard before you work hard.

(Excerpt from Zero to One by Peter Thiel) The power law is not just important to investors; rather, it’s important to everybody because everybody is an investor. An entrepreneur makes a major investment just by...

September 21, 2019| Focus, Life, Nonlinearity, Tech Read More

Rule for Venture Capital: Invest in companies with the potential to return the value of the entire fund

(Excerpt from Zero to One by Peter Thiel) Our results at Founders Fund illustrate this skewed pattern: Facebook, the best investment in our 2005 fund, returned more than all the others combined. Palantir, the...

September 21, 2019| Nonlinearity, Tech Read More

You can change the world with careful planning

(Excerpt from Zero to One by Peter Thiel) The greatest thing Jobs designed was his business. Apple imagined and executed definite multi-year plans to create new products and distribute them effectively. Forget...

September 21, 2019| Strategy, Tech Read More

China will never be a democracy

(Excerpt from Lee Kuan Yew: The Grand Master’s Insights on China, the United States, and the World) No. China is not going to become a liberal democracy; if it did, it would collapse. Of that, I am quite sure, and...

September 21, 2019| China, Politics Read More

China can continue to grow at high rates for at least another decade

(Excerpt from Lee Kuan Yew: The Grand Master’s Insights on China, the United States, and the World) During the last three decades, China’s economy has grown at the phenomenal rate of 10% per year, sometimes even...

September 21, 2019| China Read More

China needs access to US technology

(Excerpt from Lee Kuan Yew: The Grand Master’s Insights on China, the United States, and the World) China knows that it needs access to U.S. markets, U.S. technology, opportunities for Chinese students to study in...

September 21, 2019| China, Tech Read More

China’s challenges in culture, language, talent integration and governance

(Excerpt from Lee Kuan Yew: The Grand Master’s Insights on China, the United States, and the World) Internally, the chief challenges are culture, language, an inability to attract and integrate talent from other...

September 21, 2019| China Read More

China’s peaceful rise

(Excerpt from Lee Kuan Yew: The Grand Master’s Insights on China, the United States, and the World) The Chinese have concluded that their best strategy is to build a strong and prosperous future, and use their...

September 21, 2019| China, Politics Read More

Lean Startup is not enough. You need a bold plan.

(Excerpt from Zero to One by Peter Thiel) Even in engineering-driven Silicon Valley, the buzzwords of the moment call for building a “lean startup” that can “adapt” and “evolve” to an ever-changing...

September 21, 2019| Strategy, Tech Read More

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