Peter Thiel’s 7 Questions for Product Innovation

A reminder to everyone that hopes to have the next unique-corn in Australia

1. Engineering: Breakthrough technology rather than incremental improvements?
   
2. Timing: Is it the right time to start?
   
3. Monopoly: Big Share of a small market?
   
4. People: Do we have the right team?
   
5. Distribution: A way to not only create but deliver our product?
   
6. Durability: Market position defensible 10 to 20 years in the future?
   
7. The Secret: Have we identified a unique opportunity that others don’t see?