Zero to One - Advice From Peter Thiel

Construction as craft and as a business has been around for thousands of years.

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Contractors build and maintain the infrastructure that enables society to grow.  That history comes a lot of pride. It also brings a lot of difficult to change habits.

Leadership Tools: Advice from Peter Thiel. 10 Years vs 6 Months. Book: Zero to One by Peter Thiel.

With the rate that technology is changing the industry leaders in construction companies should learn a little more about how technologists think.  It will make you think differently about your strategy; especially around talent development and technology adoption.  

Peter Thiel challenges some assumptions about how long things should take to innovate in the book Zero to One.  

"If you go back 20 or 25 years, I wish I would have known that there was no need to wait."

“You should take your 10-year life plan and ask:  Why can't I do this in six months?”

"Sometimes, you have to actually go through the complex, 10-year trajectory; but it's at least worth asking whether that's the  story you're telling yourself, or whether that's the reality? "




Degree of Discretionary Time with Growth in Role Levels and Business Size
The degree of discretionary time that someone has in doing their job grows with their role level - for example from crafts person to VP of Operations. For similar roles, that time decreases with company growth as the job roles become more tightly defined.
Incentive Compensation for Contractors - Alignment
One of the most challenging aspects of incentive programs is communicating demonstrated success in such a way that every functional group believes they have direct impact on their incentive outcome and that it is fairly applied across all stakeholders.
Business Developer (and Management) Hurdles
Finding a customer that will pay you is the first thing a contractor does. Scaling the business development function with growth is one of the most challenging things a contractor must do for sustainability and succession.