Featured Challenge: Week 2

Overview

To be resilient you’ll need to have conviction in your beliefs. To hold the right convictions, you’ll need to put the effort into questioning and interrogating your beliefs (and by extension those of your society).

The legendary entrepreneur and investor, Peter Thiel, talks often about the value of being able to think for yourself. In this challenge we will explore one of his favourite questions for young entrepreneurs.

“Competition in business is overrated. In practice it is quite destructive and should be avoided wherever possible. Much better than fighting for scraps in existing markets is to create and own new ones”
~ Peter Thiel (Billionaire Tech Entrepreneur)

The Challenge

Watch this video [ bit.ly/AGEC_ThinkForYourself ] and answer the following questions:

  1. What important truth do very few people agree with you on?
  2. How does this translate into a business opportunity?

A good answer would take the following form:

  1. “Most people believe in… but the truth is…”
  2. “This could translate into a business opportunity because…”