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Marc Andreessen on what makes Elon impossible to compete with โ€œIโ€™m not aware of another CEO who operates the way he does.โ€ Marc believes you have to go back in history to the industrialists of the late 1800s and early 1900s to find founders comparable to Elon Musk (e.g. Henry Ford, Andrew Carnegie, Thomas Watson, Andrew Mellon, Cornelius Vanderbilt). โ€œThose guys ran very similar to the way Elon runs thingsโ€ฆ The top line thing is just this incredible devotion from the leader of the company to fully, deeply understand what the company does, to be completely knowledgeable about every aspect of it, and to be in the trenches and talking directly to the people who do the work to deeply understand the issues. And then be the lead problem solver in the organization. Basically what Elon does is he shows up every week at each of his companies, identifies the biggest problem the companyโ€™s having that week and he fixes it. He does that every week for 52 weeks in a row and then each of his companies has solved the 52 biggest problems that year.โ€ Marc juxtaposes this process with more conventional CEOs who respond to problems with planning, meetings, and reports. The other crucial factor in Elonโ€™s success that Marc points to is his ability to attract incredible talent: โ€œMany of the best people in the world want to work with him because if you work with Elon the expectations are through the roof in terms of your level of performance. And he is going to know who you are and what youโ€™ve done. Heโ€™s going to know what youโ€™ve done this week and if youโ€™re underperforming. And he may fire you in the meeting if youโ€™re not carrying your weight. But if you are as committed to the company as he is, and hard working and capable, many people who have worked for him say that they had the best experience of their lives.โ€ Marc recalls a famous line from somebody who joined SpaceX from another aerospace company and said, โ€œItโ€™s like being dropped into a shocking zone of competence. Everybody around me is so absolutely competent.โ€ And lastly, as Marc argues, Elonโ€™s technical ability is another competitive advantage versus non-technical CEOs: โ€œWhen he identifies the bottleneck, he goes and talks to the line engineers who understand the technical nature of the bottleneckโ€ฆ Heโ€™s not asking the VP of Engineering to ask the Director of Engineering to ask the manager to ask the individual contributor to write a report thatโ€™s to be reviewed in three weeks. He doesnโ€™t do that. What he does is he goes and personally finds the engineer who actually has the knowledge about the thing, and then he sits in the room with that engineer and fixes the problem with them. And again, this is why he inspires such incredible loyalty from especially the technical people who he works with. Theyโ€™re just like, โ€˜Wow, if Iโ€™m up against a problem I donโ€™t know how to solve, freaking Elon Musk is going to show up in his Gulfstream and heโ€™s going to sit with me overnight in front of the keyboard or in front of the manufacturing line and help me figure this out.โ€™โ€ Video source: Chris Williamson (2024)

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