3min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

Classic 23: Lessons from Billionaire Peter Thiel

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The Importance of Having a Business Plan

Peter Thiel has said that entrepreneurs should have three or four different strategies in order to meet their end state. "I think for all other entrepreneurs, I think it's a horrible way of conducting business," he says. If you are living off the networking effects on something like Facebook, and that's how you're going to grow, it has to be back. That's the Silicon Valley way of thinking.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode