#30 Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future
Founders9 Jul 2018

#30 Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future

What I learned from reading Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future by Ashlee Vance. --- I don't want to be the person who ever has to compete with Elon (0:47) Musk expects you to keep up (2:45) Short of building an actual money-crushing machine, Musk could not have picked a faster way to destroy his fortune. He became a one-man, ultra-risk-taking venture capital shop (4:41) Revisit old ideas (5:22) It was not unusual for him to read ten hours a day (7:49) His approach to dating mirrors his approach to work (9:32) Humans are deeply mimetic (10:59) Thinking from first principles (14:37) What it is like to work with Elon Musk (17:40) He would place this urgency that he expected the revenue in ten years to be ten million dollars a day and that every day we were slower to achieve our goals was a day of missing out on that money (19:28) What he went through in 2008 would have broken anyone else. He didn't just survive. He kept working and stayed focused (23:29) A tenet of Elon's companies: make as many things yourself as possible (25:39) The power of the individual in an age of infinite leverage (27:31) The Internet taught me nearly everything I know. It is the modern day equivalent to the library of Alexandria, except it's much harder to burn to the ground. It is indispensable for realizing human rights, combating inequality, accelerating development, and quickening the pace of human progress (29:37) Focusing on the endpoint (30:19) Grand Theft Life (32:00) ---- Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast

Episoder(442)

#364 Nick & Zak's Excellent Adventure: How Nick Sleep and Qais Zaharia Built Their Investment Partnership

#364 Nick & Zak's Excellent Adventure: How Nick Sleep and Qais Zaharia Built Their Investment Partnership

How Nick Sleep and Qais Zakaria built their radically unconventional investment partnership. From the incredible book Richer, Wiser, Happier: How The World's Greatest Investors Win In Markets and Life...

10 Sep 202444min

#363 Li Lu and Charlie Munger and Warren Buffett

#363 Li Lu and Charlie Munger and Warren Buffett

I sent a friend this text: I'm working on another Li Lu episode but this one is about his remarkable investing career. Can be summarized by: 1. Studied Buffett and Munger. 2. Did that. Last episode wa...

6 Sep 20241h 24min

#362 Li Lu

#362 Li Lu

Charlie Munger said that Li Lu was the only outsider he ever trusted with his money.  Decades before Li Lu made Munger half a billion dollars, Li survived one of the most horrific childhoods imaginabl...

26 Aug 202437min

#361 Estée Lauder

#361 Estée Lauder

Warren Buffett and Charlie Munger said it was a crime that more business schools didn't study Henry Singleton. I think it's a crime that more entrepreneurs don't study Estée Lauder. She is one of the ...

18 Aug 202458min

#360 Robert Kierlin: Founder of Fastenal

#360 Robert Kierlin: Founder of Fastenal

Since its founding in 1967 Fastenal has grown from a small fastener store in Winona, Minnesota, into a multibillion-dollar global organization. How did a small town “nuts and bolts” shop become one of...

12 Aug 202456min

#359 The Russian Rockefellers: The Nobel Family Dynasty

#359 The Russian Rockefellers: The Nobel Family Dynasty

The name of Nobel usually calls to mind Alfred Nobel, inventor of dynamite, and the internationally prestigious prizes that bear his name. But Alfred was only one member of a creative and innovative f...

7 Aug 20241h 6min

#358 I had dinner with John Mackey, Founder of Whole Foods

#358 I had dinner with John Mackey, Founder of Whole Foods

What I learned from having dinner with John Mackey and reading his autobiography The Whole Story: Adventures in Love, Life, and Capitalism. ---- Make history's greatest entrepreneurs proud by going to...

28 Jul 20241h 34min

#357 Haruki Murakami

#357 Haruki Murakami

What I learned from reading What I Talk About When I Talk About Running: A Memoir by Haruki Murakami.  ---- Founders Notes gives you the superpower to learn from history's greatest entrepreneurs on de...

21 Jul 202459min

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