What does 10x mean in Peter Thiel book?
We want to offer a service, an R processing service when many compute resources beyond the laptop are needed. This service must be a 0 to 1 product, something that at the beginning will gain a monopoly, simply by being needed and new. Peter Thiel who wrote the 0 to 1 book, says the service product must be 10x better than the competition. However there is no definition of 10x or a methodology of how to calculate it. Simply, Peter Theil recommends we should think by ourselves, and NOT parroting what a book, any book, says
|What not 10x means|
What 10x better means?
It means being easier to use than other product / service on the market, by far. From Quora social network, this is a reply to the question : "How do you know if your startup idea already exists?
The founder of Dropbox was pitching in front of an investor one day, and the investor asked him: "there are similar companies out there doing the same as dropbox, why should I invest in just another similar company?"His reply: "Yes. There are similar companies out there doing the same as dropbox. But do you use any of them?""No.""Why?""Because they are bad.""Ok. That's what Dropbox wants to solve."So bottom line: Ask your potential customers.
This is what our R user said when we developed the open sourcepaper
I have a huge set of data, which I have to split into pieces to be handled by each node. This is something I can do with the ”grid.apply” function (main component of BoscoR). This reduces the submit time from several hours, to several seconds... it is a phenomenal improvement.This will greatly increase my use of grid computing, as right now, I only use grid computing when I have no other choice.
So, here is deal. Currently, if I want to do something in super-computing high throughput, I use the classical resource manager and I have a several hours barrier. There is something I want to run right now and I have been postponing it.
Days go by and I don't do anything.
Now I am able to do with "grid apply" BoscoR the exact same thing I am doing with the classical resource manager currently, I will use BoscoR all the time, every single day.
So here is what 10x "easier-to-do" means: new habits, pleasure, less tedious work, more creativity, more satisfaction, more joy and feeling more power to do things I, the user has never been able to do before.