thomas avazian

Global Banker

[Jaynit @jaynitx]

Marc Andreessen went on Chris Williamson's podcast and broke down exactly how Elon Musk runs multiple companies at once

No other CEO on Earth does this:

1. Every week, Musk shows up at each of his companies, identifies the single biggest problem that company is having that week, and fixes it. Then he does that for 52 weeks in a row. At the end of the year, each company has solved its 52 biggest problems. Meanwhile, most large companies are still having the planning meeting for the pre-planning meeting for the board presentation with the compliance review and the legal review attached.

2. This is not a new operating method. It is actually how the great industrialists of the late 1800s and early 1900s ran their companies. Henry Ford, Andrew Carnegie, Thomas Watson, who built IBM. Total devotion from the leader to fully and deeply understand what the company does, be in the trenches, talk directly to the people doing the work, and be the lead problem solver in the organization. Andreessen says he is not aware of another current CEO who operates this way.

3. The framework Musk uses is the bottleneck. In any manufacturing chain, there is always one thing holding everything up. Sometimes it is raw materials at the start. Sometimes it is warehousing at the end. Sometimes it is in the middle. The job is to find it and remove it. Musk has universalized this concept across every company he runs. In any given week, there is one main bottleneck. He micromanages the solution to that one thing and delegates almost everything else.

4. Musk delegates almost everything. Andreessen is clear about this. He is not involved in most of what his companies are doing. He is involved in the one thing that is the biggest problem right now. Once that is fixed, he moves to the next biggest problem. Everything else by definition, is running better than the bottleneck, so it does not need him.

5. When Musk identifies the bottleneck, he goes directly to the engineer who actually understands it. not the VP of engineering, not the director, not the manager. The individual contributor who has the actual technical knowledge. He sits in the room with that person and fixes the problem alongside them. He does not ask for a report to be reviewed in three weeks. he shows up at the keyboard or on the manufacturing line and works through it overnight if necessary.

6. This is why technical people who work for Musk say it was the best experience of their lives. Andreessen's framing: if you are stuck on a problem you cannot solve, Elon Musk is going to show up in his Gulfstream, sit with you in front of the keyboard, and help you figure it out. For an engineer who genuinely cares about the work, that is an almost incomprehensible level of support from the CEO of the company.

7. Business school teaches the opposite of this: management as a generic skill applicable to any industry. Soup company or a rocket company, the management principles are the same. process, balance sheet, meeting schedules, compliance, executive motivation, interpersonal conflict resolution. Andreessen says those skills are useful in many contexts. They just give you nothing; you need to do what Musk does. And Musk pushes as far as he can away from all of that so he can spend all of his time doing the things only he can do.

[thomas avazian @avaziant]

@mageeclegg SP is fantastic not to mention super hot babes everywhere but yes Portuguese a must if you want to get anywhere!

[Abelardo De La Espriella @ABDELAESPRIELLA]

Hoy ganan los emprendedores.
Hoy ganan las mujeres.
Hoy ganan los campesinos.
Hoy ganan las familias.
Hoy gana la gente trabajadora.
Hoy ganan nuestros jóvenes.
Hoy ganan nuestros adultos mayores.
Hoy ganan los estudiantes y los maestros.
Hoy ganan los deportistas.
Hoy ganan los artistas y gestores culturales.
Hoy ganan los empresarios que generan empleo.
Hoy ganan nuestros médicos, enfermeros y trabajadores de la salud.
Hoy ganan nuestros héroes de la Patria.
¡Hoy gana Colombia!

Este partido ya está en su recta final. Salgan a votar masivamente. Que el mundo sepa que Colombia se levantó y que vamos rumbo a la Patria Milagro.

Hoy más que nunca estoy Firme por la Patria. 🇨🇴🐅
(A.D.L.E)

#AbelardoPresidente

[Inevitable West @Inevitablewest]

🚨BREAKING: Massive celebrations ERUPT across Colombia after right-wing populist Abelardo de la Espriella crushes socialist tyrant Iván Cepeda

Socialism must be killed. 🇨🇴

[֍ ♰ @LucyluvsMoon1]

💙 Happy Father's Day to all the amazing dads out there 💙

Thank you for your love, your effort, and your quiet sacrifices every day.

God bless you all ✨🙏🏻

[thomas avazian @avaziant]

@QuestsAbroad Similar in my case but like 30 years ago whereupon my arrival to Mexico City was thrown into daily 5-hour lunches, fueled by alcohol, domino sessions and mariachis, no option but to become deeply fluent including jokes, doble sentidos, modismos and all sorts of absurdities!

[thomas avazian @avaziant]

@MaryHogins Spectacular look!

[The Ways of A Gentleman @Gentleman_Ways]

"A good father is one of the most unsung, unpraised, unnoticed, and yet one of the most valuable assets in our society."

-Billy Graham

[thomas avazian @avaziant]

@aristomarinetti Very good analogy

[Aristo @aristomarinetti]

"If you do not yet see your own beauty, do as the sculptor does... cut away, smooth, make clean... never stop working on your statue until the divine splendor of virtue shines forth upon you."

— Plotinus, Enneads I.IV.IX

[thomas avazian @avaziant]

@MyLatinLife Cool place

[Daniel Turner @DanielTurnerPTF]

The best part about the Obama library is that it costs $30 and you need to show ID to get in.

It’s just… perfect Obama: hypocritical, ugly, intellectualism.

[Lianna @lianna_armenian]

✝️🇦🇲 Never forget the #Armenian Genocide.

Sultan al-Atrash saved Armenian #Christians during the Armenian Genocide. Not with speeches, but with action. In keeping with #Druze tradition, he sheltered thousands of Armenians fleeing the death marches to Jabal al-Druze.

#History

[Mike Stone @PastorMikeStone]

If @SenWarren shared her $67M and lived on the $285K (itself a great salary) every public school teacher in her state could receive a $900 bonus and she would still make more than 3x the average salary of those teachers.

#YouGoFirstSenator

[My Latin Life 🌴 @MyLatinLife]

The US is really pulling WAY ahead of every other country in terms of wealth.

You need to be thinking in USD and earning in USD.

[Gad Saad @GadSaad]

People are astoundingly stupid. My comments about the departure tax is not that I should be treated differently from anyone else. I am making a point about the extent to which taxes are confiscatory. As I have previously explained, there was a time when ZERO cents of income tax were levied in Canada and the US. Then bit by bit, that "temporary" measure, to be applied to only a few, and at a very low percentage rate of your income, becomes a mammoth monster that takes more than 50% of your earnings. It can occur because there are no repercussions if governments do not balance their budgets (other than voting them out). Hence, what starts off as a small temporary tax on a few becomes an existential theft that is orders of magnitude larger than the so-called illegal extortion tax of the Mafia. It can exist only because the great majority of people BENEFIT from this form of parasitic taxation. But someone has to pay for everyone else, and when you are that someone, you are not necessarily pleased to be funding the ultimate Ponzi scheme. I'm making a moral, philosophical, and ethical argument. It's not just about me.

[thomas avazian @avaziant]

@Ninadrama Where!?!

[thomas avazian @avaziant]

@DemonFramed Interesting take thank you

[Wall Street Apes @WallStreetApes]

Comparing the California High Speed Rail to Elon Musk’s SpaceX

This is how criminally inefficient California's bureaucracy has become

- The California High-Speed Rail Authority is 6 years older than SpaceX
- Total private funding for SpaceX was $12 billion, whereas California's high-speed rail is projected to cost $231 billion by the time it's completed (That's 2,000% more funding than SpaceX had)

In the same amount of time, California has laid zero miles of high-speed rails while SpaceX has developed a reusable rocket, delivered astronauts and saved astronauts from the International Space Station, and as of today has a $2.5 trillion market cap

Elon Musk will literally have been able to send people to Mars at a fraction of the cost and at a fraction of the amount of time that it's taken Gavin Newsom just to send Californians up the coast