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Elon Musk: "They think that technology just automatically improves. It does not automatically improve. It only improves if a lot of people work very hard to make it better. If other people are putting in 40-hour work weeks and you're putting in 100-hour work weeks, then even if you're...

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🇺🇸 Progress is easier to lose than people think Elon: "People are mistaken when they think that technology just automatically improves. It does not automatically improve. It only improves if a lot of people work very hard to make it better." Technology degrades if people stop fighting for progress. Ancient Egypt built the pyramids, Rome built aqueducts, then they forgot how. The same thing happens to companies, to countries, to civilizations. Progress is not automatic… it takes relentless effort. Source: TED 2017, “The Future We’re Building… and Boring,” April 28, 2017 / Writer: Val

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Elon Musk breaks down how to actually beat the competition "a natural human tendency is wishful thinking." "be focused on something you're confident will have high value to someone else, and just be really rigorous in making that assessment." "a challenge for entrepreneurs is to tell the difference between really believing in your ideals versus pursuing some unrealistic dream that doesn't actually have merit." "that is a really difficult thing to tell. so you need to be very rigorous in your self-analysis." "be extremely tenacious, and then just work like hell." "you just have to put in 80 to 100 hour weeks every week." "if other people are putting in 40-hour work weeks and you're putting in 100-hour work weeks, then even if you're doing the same thing, in one year you will achieve what they achieve in two."

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Elon Musk: “People are mistaken when they think that technology just automatically improves. It does not automatically improve. It only improves if a lot of people work very hard to make it better. If you look at the progress in space, in 1969, we're able to send somebody to the moon. Then we had the space shuttle. The space shuttle could only take people to low Earth orbit. Then the space shuttle retired, and the United States could take no one to orbit. So that's the trend. The trend is like, down to nothing. You look at great civilizations like ancient Egypt, and they were able to make the pyramids, and they forgot how to do that. And the Romans, they built these incredible aqueducts—they forgot how to do it."
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Elon Musk: “People are mistaken when they think that technology just automatically improves. It does not automatically improve. It only improves if a lot of people work very hard to make it better. If you look at the progress in space, in 1969, we're able to send somebody to the moon. Then we had the space shuttle. The space shuttle could only take people to low Earth orbit. Then the space shuttle retired, and the United States could take no one to orbit. So that's the trend. The trend is like, down to nothing. You look at great civilizations like ancient Egypt, and they were able to make the pyramids, and they forgot how to do that. And the Romans, they built these incredible aqueducts—they forgot how to do it."

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Elon Musk: Always bear in mind that entropy is not on your side. “People sometimes think technology just automatically gets better every year, but it actually doesn't. It only gets better if smart people work like crazy to make it better. That's how any technology actually gets better. By itself, technology will actually decline if people don't work on it. You can look at the history of many civilizations. In Ancient Egypt, they were able to build these incredible pyramids, and then they basically forgot how to build pyramids; they even forgot how to read hieroglyphics. Or you look at Rome. They were able to build these incredible roadways and aqueducts and indoor plumbing, and they forgot how to do all of those things. There are many such examples in history. So, I think you should always bear in mind that entropy is not on your side.” Y Combinator, September 15, 2016
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Elon Musk: Always bear in mind that entropy is not on your side. “People sometimes think technology just automatically gets better every year, but it actually doesn't. It only gets better if smart people work like crazy to make it better. That's how any technology actually gets better. By itself, technology will actually decline if people don't work on it. You can look at the history of many civilizations. In Ancient Egypt, they were able to build these incredible pyramids, and then they basically forgot how to build pyramids; they even forgot how to read hieroglyphics. Or you look at Rome. They were able to build these incredible roadways and aqueducts and indoor plumbing, and they forgot how to do all of those things. There are many such examples in history. So, I think you should always bear in mind that entropy is not on your side.” Y Combinator, September 15, 2016

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Elon Musk Elon Musk on the importance of physics: “I am a big believer in physics. Everything else is a recommendation, pretty much, but physics is the law. Like if you break physics... the rocket will explode and the car will not work. So you have to adhere to physics in order to make cars that work, to make rockets that work, to make space internet work. Because if you're wrong, then reality is a very harsh judge. Reality is merciless. Because if you make a device that doesn't work, violates physics, it simply doesn't work, and then you rocket blows up and the satellites don't work and the cars break. In order to make the technology work, you must have an extremely rigorous pursuit of the truth. Because, otherwise reality will bite you in the a**.”

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Elon Musk: Technology only improves if smart people work like crazy to make it better. “I had simply come to the conclusion that if something didn't happen to improve rocket technology, we'd be stuck on Earth forever. And the big aerospace companies had just had no interest in radical innovation. All they wanted to do was try to make their old technology slightly better every year. And in fact, sometimes it would actually get worse. And particularly in rockets, it's pretty bad. In 1969 we were able to go to the moon with a Saturn V and then the space shuttle could only take people to low Earth orbit. And then the space shuttle retired. I mean that trend is basically trends to zero. People sometimes think technology just automatically gets better every year, but it actually doesn't. It only gets better if smart people work like crazy to make it better. That's how any technology actually gets better. And by itself, technology, if people don't work on it actually will decline. You can look at the history of civilizations, many civilizations, and look at say ancient Egypt where they were able to build these incredible pyramids and then they found they basically forgot how to build pyramids. And then even hieroglyphics, they forgot how to read hieroglyphics. Or you look at Rome and how they're able to build these incredible roadways and aqueducts and indoor plumbing and they forgot how to do all of those things. And there are many such examples in history. So I think you should always bear in mind that, you know, entropy is not on your side.” Interview with Y Combinator, September 15, 2016
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Elon Musk: Technology only improves if smart people work like crazy to make it better. “I had simply come to the conclusion that if something didn't happen to improve rocket technology, we'd be stuck on Earth forever. And the big aerospace companies had just had no interest in radical innovation. All they wanted to do was try to make their old technology slightly better every year. And in fact, sometimes it would actually get worse. And particularly in rockets, it's pretty bad. In 1969 we were able to go to the moon with a Saturn V and then the space shuttle could only take people to low Earth orbit. And then the space shuttle retired. I mean that trend is basically trends to zero. People sometimes think technology just automatically gets better every year, but it actually doesn't. It only gets better if smart people work like crazy to make it better. That's how any technology actually gets better. And by itself, technology, if people don't work on it actually will decline. You can look at the history of civilizations, many civilizations, and look at say ancient Egypt where they were able to build these incredible pyramids and then they found they basically forgot how to build pyramids. And then even hieroglyphics, they forgot how to read hieroglyphics. Or you look at Rome and how they're able to build these incredible roadways and aqueducts and indoor plumbing and they forgot how to do all of those things. And there are many such examples in history. So I think you should always bear in mind that, you know, entropy is not on your side.” Interview with Y Combinator, September 15, 2016

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Reid Hoffman on why the best founders don’t have work-life balance In the clip below, the founder of LinkedIn addresses the classic question on work-life balance at startups: “I actually think founders have no balance… If I ever hear a founder talking about how ‘this is how I have a balanced life’ and so forth, they’re not committed to winning… The really great founders are like: ‘I am going to literally pour everything into doing this. Now it only may be for a couple of years… But while I’m doing this, I am unbalanced at this thing.’ It’s not to say that you don’t take breaks or you don’t go on dates or whatever else. But you’re super focused on this because it’s really hard and there’s lots of ways to die.” Elon Musk emphasizes this as well: “If other people are putting in 40-hour work weeks, and you’re putting in 80 hour work weeks, you will achieve in 6 months what takes them a year to achieve, which will greatly improve your odds of success” Why make such extreme sacrifices? Well, as Paul Graham puts it in his essay How To Make Wealth: “Economically, you can think of a startup as a way to compress your whole working life into a few years. Instead of working at a low intensity for forty years, you work as hard as you possibly can for four.” In the early years, you will have to make lots of sacrifices and shouldn’t really expect much work-life balance if you want your startup to be successful. But you can view it as an opportunity to compress your whole working life into a few years. And hopefully excitement about what you’re building and the extremely-talented team you’re building it with make those long hours way more fun and rewarding than a normal 9-to-5 job.

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ELON: TOP TALENT WON’T WORK FOR CLUELESS BOSSES “If you want to recruit people that are really talented and driven, you have to say: what's the mission? What's the problem we're trying to solve… have a convincing argument for why it matters? Somebody's got to look forward to coming to work in the morning. Are they enjoying the work… that's very important. They also feel like they will receive fair financial compensation. For the best people in the world… they'll want to know, is what they're doing going to matter? Will it make a difference… will people notice?” Source: Naruto, Elon Musk
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ELON: TOP TALENT WON’T WORK FOR CLUELESS BOSSES “If you want to recruit people that are really talented and driven, you have to say: what's the mission? What's the problem we're trying to solve… have a convincing argument for why it matters? Somebody's got to look forward to coming to work in the morning. Are they enjoying the work… that's very important. They also feel like they will receive fair financial compensation. For the best people in the world… they'll want to know, is what they're doing going to matter? Will it make a difference… will people notice?” Source: Naruto, Elon Musk

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Elon Musk's advice to entrepreneurs: Life is too short not to do what you love. “Successful entrepreneurs probably come in all sizes and shapes and flavors. I'm not sure there's any one particular thing. I think really an obsessive nature with respect to the quality of the product is very important. Being obsessive-compulsive is a good thing in this context. Whatever area that you get into given that even if you're the best of the best, there's always a chance of failure. So I think it's important that you really like whatever you're doing. If you don't like it, life is too short. And also if you like what you're doing, you think about it even when you're not working. It's something that your mind is drawn to and if you don't like it you just really can't make it work.” Entrepreneurial Thought Leaders Lecture, Stanford, October 8, 2003

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ELON: LIFE IS TOO SHORT TO NOT FOCUS ON WHAT YOU LOVE “Successful entrepreneurs probably come in all sizes and shapes and flavors. I'm not sure there's any one particular thing. I think really an obsessive nature with respect to the quality of the product is very important. Being obsessive-compulsive is a good thing in this context. Whatever area that you get into given that even if you're the best of the best, there's always a chance of failure. So I think it's important that you really like whatever you're doing. If you don't like it, life is too short. And also if you like what you're doing, you think about it even when you're not working. It's something that your mind is drawn to. And if you don't like it you just really can't make it work.” Source: Entrepreneurial Thought Leaders Lecture, Stanford, October 8, 2003
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ELON: LIFE IS TOO SHORT TO NOT FOCUS ON WHAT YOU LOVE “Successful entrepreneurs probably come in all sizes and shapes and flavors. I'm not sure there's any one particular thing. I think really an obsessive nature with respect to the quality of the product is very important. Being obsessive-compulsive is a good thing in this context. Whatever area that you get into given that even if you're the best of the best, there's always a chance of failure. So I think it's important that you really like whatever you're doing. If you don't like it, life is too short. And also if you like what you're doing, you think about it even when you're not working. It's something that your mind is drawn to. And if you don't like it you just really can't make it work.” Source: Entrepreneurial Thought Leaders Lecture, Stanford, October 8, 2003

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Elon Musk: To recruit the best talent in the world, you have to show that their work will make a difference to the world. “I think in general, if you want to recruit people that are really talented and driven, you have to state what's the mission, what's the problem we're trying to solve and just be clearly willing to pour a lot of blood, sweat and tears into it and have a convincing argument for why it matters. There's three major things in terms of motivation. First of all, somebody's got to look forward to coming to work in the morning. Are they enjoying the work itself intrinsically? That's very important. And the right work environment can really make a big difference there. I think the ideal is that they also feel like that their rewards will receive fair financial compensation. That the financial rewards are good and fair. And then third, really, for the best people in the world, they'll want to know, is what they're doing going to matter? If they spend 10 years doing this, will it make a difference to the world? Will people notice? Will it matter?” XPRIZE Conversation with Peter Diamandis, April 22, 2021 Made and published via
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Elon Musk: To recruit the best talent in the world, you have to show that their work will make a difference to the world. “I think in general, if you want to recruit people that are really talented and driven, you have to state what's the mission, what's the problem we're trying to solve and just be clearly willing to pour a lot of blood, sweat and tears into it and have a convincing argument for why it matters. There's three major things in terms of motivation. First of all, somebody's got to look forward to coming to work in the morning. Are they enjoying the work itself intrinsically? That's very important. And the right work environment can really make a big difference there. I think the ideal is that they also feel like that their rewards will receive fair financial compensation. That the financial rewards are good and fair. And then third, really, for the best people in the world, they'll want to know, is what they're doing going to matter? If they spend 10 years doing this, will it make a difference to the world? Will people notice? Will it matter?” XPRIZE Conversation with Peter Diamandis, April 22, 2021 Made and published via

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