Billionaire Co-Founder of Paypal Recommends Asking Yourself These 7 Questions Before Starting Your Startup

Evaluate your idea and higher your chances of creating a successful business by asking these questions as early as possible.

Derick David
7 min readOct 28, 2020

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Peter Thiel Is the co-founder of PayPal, Palantir Technologies, and Founders Fund, he was known as the first investor on Facebook. He was ranked 4th on the Forbes Midas List of 2014, with a net worth of $2.2 billion, and 391st on the Forbes 400 in 2020, with a net worth of $2.1 billion.

In his book titled, “Zero To One”, co-written with Blake Masters in 2014, Peter lists 7 questions every startup founder and entrepreneur should answer before building a startup or business.

These questions can be used to help evaluate your idea and it can be used as principles that you can apply in your startup that will help and guide you to build a better future through entrepreneurship.

Why should you answer them?

Simple. The better your answers to the following questions, the higher your chances of creating a startup/business that will succeed in the future.
In more detail:

  1. You can better the chance of…

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Derick David

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