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Deep Dive Into The Fashion Industry

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ELON MUSK

I think it is a mistake to hire huge numbers of people to get a complicated job done. Numbers will never compensate for talent in getting the right answer (two people who don't know something are no better than one), will tend to slow down progress, and will make the task incredibly expensive.

ELON MUSK

17

149 reads

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ELON MUSK

My approach is simply to seek out very talented people, ensure that the environment at SpaceX is as motivating & enjoyable as possible and establish clear & measurable objectives.

ELON MUSK

16

178 reads

ELON MUSK

I've basically just go recursive improvement on schedule, with feedback loop.

Did this make it go faster? OK. If it didn't, we're going to need to fix it.

ELON MUSK

19

480 reads

ELON MUSK

I think we’ve got the risks pretty well characterized. I think we are at least avoiding the mistakes that have been made in the past.

ELON MUSK

15

273 reads

ELON MUSK

Everything works in PowerPoint; but if you have the physical item or some demonstration software, that's much more convincing to people than a PowerPoint presentation or a business plan.

ELON MUSK

15

175 reads

ELON MUSK

The answer was we thought it could be done.

ELON MUSK

16

361 reads

ELON MUSK

Rocket engineering is not like ditch digging. With ditch digging you can get 100 people and dig a ditch, and you will dig it a hundred times as faster if you get 100 people versus one. With rockets, you have to solve the problem of a particular level of difficulty; ...

ELON MUSK

16

153 reads

ELON MUSK

I want to be able to make sure that we have enough capital to survive at least three consecutive failures.

ELON MUSK

15

246 reads

ELON MUSK

Starting and growing a business is as much about the innovation, drive and determination of the people who do it as it is about the product they sell.

ELON MUSK

15

205 reads

ELON MUSK

Falcon One is going to be the lowest cost per flight to orbit of any production rocket.

I think the reason it’s cheaper is, first of all, we are a private entity and we have a very lean system here. What we have been able t...

ELON MUSK

15

210 reads

ELON MUSK

Possibly, the most common error of a smart engineer is to optimize something that should not exist.

ELON MUSK

15

162 reads

ELON MUSK

The extreme difficulty of scaling production of new technology is not well understood.

ELON MUSK

16

401 reads

ELON MUSK

  If the design takes a long time to build, it's the wrong design. This is the fundamental thing. 

Over and over, the tendency is to complicate things. And I have another thing which is, the best part is no part. The best ...

ELON MUSK

16

130 reads

ELON MUSK

I like to be involved in things that change the world. The Internet did, and space will probably be more responsible for changing the world than anything else. If humanity can expand beyond the Earth, obviously that's where the future is.

ELON MUSK

16

198 reads

ELON MUSK

It would be an incredible adventure. And life needs to be more than just solving every day problems. You need to wake up and be excited about the future.

ELON MUSK

18

426 reads

CURATED FROM

IDEAS CURATED BY

kardashev2

Advancing Humanity to the next level: Kardashev 2 ( Energy Scale )

There need to be things that inspire you, that make you glad to wake up in the morning and be part of humanity.

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Urgent Vs Important

Urgent Vs Important

A lot of people make the mistake of turning down important work due to urgent work that comes up suddenly.

A task requiring immediate attention is an urgent task, whereas important tasks are those that when they're done, they will add value to the organization.

What's more important? People, or Ideas?

What's more important? People, or Ideas?

Is having right people with you a more important aspect, or having the right idea? 

According to Ed Catmull (The President and Co-Founder of Pixar Studios), having right people takes the edge. 

  • If you give a good idea to a mediocre team, they will screw it up. 
  • If you gi...

Man in the Car Paradox

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No one is impressed with your possessions as much as you are.

People tend to want wealth to signal to others that they want to be liked and admired. But in reality, those other people often bypass admiring you, not because they don’t think wealth is admirable, but because t...

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