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Competition is for Losers
- Peter Thiel was intensely competitive throughout school and landed a top law firm job.
- He realized that winning these conventional competitions wasn't fulfilling and felt trapped.
Escaping Competition
- True success lies in escaping competition, not just winning.
- Create your own game and master it, rather than playing someone else's.
PayPal's Initial Focus
- PayPal aimed to create the internet's cash register, focusing on online payments.
- Their initial target was not eBay sellers.