"The most durable infrastructure companies don't wait for external developers to validate their tech. They build the application themselves first — on top of their own rails — and use it to prove out the capabilities they're asking others to build on."
@BillAckman@elonmusk I'm confused, it sounds like you are advising him towards his downfall. Real world application of this advice has a high probability of turning into a nightmare
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New episode: "How Elon Works"
This episode covers the insanely valuable company-building principles of Elon Musk
A few notes from the episode:
1. The mission comes first.
2. Retreat is not an option.
3. A maniacal sense of urgency is our operating principle.
4. Product design should be driven by engineers.
5. You should not separate engineering from product design.
6. Having separate design and production departments is bullshit. Keep everything together and feedback immediate.
7. The leader should be on the front lines. You should be a battlefield general.
8. "If they see the general out on the battlefield, the troops are going to be motivated. Wherever Napoleon was, that's where his armies would do best."
9. Apply The Algorithm constantly. (1) Question every requirement. (2) Delete any part of the process you can. (3) Simplify and optimize. (4) Accelerate cycle time. (5) Automate.
10. Repetition is persuasive. "I became a broken record on the algorithm. I think it's helpful to say it to an annoying degree."
11. You should go ultra-hardcore on deletion and simplification.
12. Camaraderie is dangerous. It makes it hard for people to challenge each other’s work. (Refer to point #1)
13. Never ask your troops to do something you wouldn’t do.
14. Hire for attitude. Skills can be taught. Attitude changes require a brain transplant.
15. Good attitude = A desire to work maniacally hard.
16. The only rules are the ones dictated by the laws of physics. Everything else is a recommendation.
17. Keep your entire company committed to a common goal.
18. If things aren’t going well, throw away the existing design, start from first principles, question every requirement based on fundamental physics.
19. Find the limit. You want to delete as much as possible and you can’t do that unless you find the limit.
20. If you aren’t adding back at least 10% of the things you deleted, then you didn’t delete enough.
21. Maintain control. Avoid joint ventures. Eliminate middlemen.
22. Have a relentless dedication to questioning every requirement.
23. No work about work, just work.
24. Go to the problem. Get on the plane. Fly to the source. Go to the exact location in the factory. Go to the problem and stay there until it's resolved.
25. The best part is no part.
26. Be wired for war.
27. Do not fear losing. It hurts the first 50 times but then you’ll be able to play with less emotion. You will take more risks.
28. Stay heads down focused on doing useful things for civilization.
29. When something is important and has to be done quickly, have meetings every 24 hours to run the algorithm and check on the previous days progress. You'll be shocked at how fast this speeds things up.
30. Life needs to be interesting and edgy.
31. Delete, delete, delete, delete.
There are 100 more ideas in the episode. I hope you listen to it. 30 years of Elon’s career + 60 hours of reading and research and me just absolutely ripping through idea after idea at 2x speed for 90 minutes.
It will be hard to find a better use of time.
Because of the different ways that our brains are wired, we all experience reality in different ways and any single way is essentially distorted. (1/2)
Take passion, for example. Without passion, life would be dull; you wouldn’t want to live without it. But what’s key is what you do with your passion. (1/2)
A proper goal is something that you really need to achieve. Desires are things that you want that can prevent you from reaching your goals. Typically, desires are first-order consequences. #principleoftheday
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We have been having so much fun on Gist. After increasing demand, we are opening up our invite only app to exclusively only 1000 beta users early next week.
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I’m at a point in life where I’m starting to become effective. All the relentless reading, learn and capital lost over the years is only starting to yield and pay dividends now. Only now I’m starting to gain momentum.