MORE IDEAS FROM THEBOOK
" If something is important enough, even if the odds are aginst you, you should still do it. "
" You have to be pretty driven to make it happen. Otherwise, you will just make yourself miserable. ”
" My motivation for all my companies has been to be involved in something that I thought would have a significant impact on the world. "
" If you're trying to create a company, it's like baking a cake. You need to have all the ingredients in the right proportion. "
"I tend to approach things from a physics framework. And physics teaches you to reason from first principles rather than by analogy. So I said, OK, let’s look at the first principles. What is a rocket made of? Aerospace-grade aluminum alloys, plus some titanium, copper, and carbon fiber. And then I asked, what is the value of those materials on the commodity market? It turned out that the materials cost of a rocket was around 2 percent of the typical price—which is a crazy ratio for a large mechanical product."
Don't hold large meetings, except if they are providing value to everyone. Then keep the meeting short.
A typical meeting should involve no more than 4 - 6 people. Before you send out your next invite list ask: Who on this list will add (or receive) the most value? Is there anyone who doesn't need to be there?
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