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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