Content
@
0 reply
0 recast
0 reaction
Sean Allen Fenn
@seanallenfenn
Methods of Prosperity no. 32 Elon Musk: SpaceX/PayPal Mafia boss (cont.) Thinking from First Principles. TL;DR Elon and his team failed to get a hold of Russian ICBMs. On the flight home, Elon formalized how to build a modest sized rocket for a specific market segment. He showed the crew his spreadsheet. It showed all materials, costs, and and calculations. He proved it was possible to assemble and launch a rocket. SpaceX would create a whole new sub-market, providing low-cost rockets to the world. Key lessons: • Be the kind of person who attracts money. • Your reputation precedes you. • Think from First Principles.
0 reply
0 recast
0 reaction
