If I had known how hard it would be to do something new, particularly in the payments industry, I would never have started PayPal. That's why nobody with long experience in banking had done it. You needed to be naive enough to think that new things could be done.

Peter Thiel

Peter Thiel

Banking Could Done Enough Experience Had Hard How Industry Known Long Naive Needed Never New New Things Nobody Particularly Payments Something Started Things Think Why Would You

Related Quotes

Monopolies are bad and deserve their reputation when things are static and the monopolies function as toll collectors... But I think they're quite positive when they're dynamic and do something new.

— Peter Thiel

BadCollectorsDeserve

I think people in Europe are generally pessimistic about the future. They have low expectations; they're not working hard to change things. When you're a slacker with a pessimistic view of the future, you're likely to meet those expectations.

— Peter Thiel

AboutChangeChange Things

The coolest things in life are things that you have not done before. That's the key to life: new things always.

AlwaysBeforeCoolest

Don't bother starting the 10,000th restaurant in Manhattan. Find something to do that if you don't do it, it won't get done.

— Peter Thiel

See any detour as an opportunity to experience new things.

— H. Jackson Brown, Jr.

AnyDetourExperience