Monday, 6 April 2015

QUOTE BY PETER THEIL * Today’s “best practices” lead to dead ends; the best paths are new and untried.”Today’s “best practices” lead to dead ends; the best paths are new and untried.”

Best practice  are   techniques or methodologies  which through research and experience leads to the desired results. However current world  is very dynamic and requires flexible approach. Whatever may be relevant and successful for today , might not be relevant tomorrow. PETER THIEL is one brilliant American entrepreneur who is able to see ahead. Peter is also recognized as one of the original thinkers. Infact he was first outside investor to invest in Facebook as early as in 2004. Facebook had  just started and it was vision of Peter , who was able to see value in FACEBOOK. One of his earlier ventures was PAYPAL where PETER  was co founder.   Peter is able to spot new technologies or startups early. No wonder, PETER  has also invested in famous startups like  renter Airbnb, web-based electronic health records company Practice Fusion and online payment outfit Stripe. His skill were abundant even as a teenager as Peter was US rated chess master/ one of the highest ranked under 21 players in USA. No wonder Peter has been ranked at fourth position in the Forbes Midas list of 2014. PETER has famously said, "Every moment in business happens only once. The next Bill Gates will not build an operating system. The next Larry Page or Sergey Brin won’t make a search engine. And the next Mark Zuckerberg won’t create a social network. If you are copying these guys, you aren’t learning from them.”

  

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