I have read this book twice; and I will keep this book with me forever. Peter thiel is considered as one of the smartest man with having so many startups funded by him. In this book he emphasizes on monopoly business. What is important is book helps you to ask right and pointed questions about your startup from very begaining. I loved this book. He is one of paypal mafia as they say in the book.
As per author Mr.Theil below mentioned are seven questions you should ask yourself before starting a startup and if you master all of them your startup would be big and if you master 5 it's ok but below 5 you need your luck to support your startup
1) The engineering Question
( Can you create breakthrough technology instead of incremental improvements? )
2) The timing question
( Is now the right time to start your particular business)
3) The monopoly question
( Are you starting with a big share of a small market? )
4) The people question
( do you have the right team? )
5) The distribution question
( Do you have a way to not just create but deliver your product? )
6) The Durability Question
( Will your market position be defensible 10 and 20 year into the future?
7) The secret question
( Have you identified a unique opportunity that others don't see? )
The whole books revolves around these questions.