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Blake Scholl

๐Ÿ‘ค Speaker
1637 total appearances

Appearances Over Time

Podcast Appearances

The Shawn Ryan Show
#225 Blake Scholl - Founder & CEO of Boom Supersonic

Why does it take six months?

The Shawn Ryan Show
#225 Blake Scholl - Founder & CEO of Boom Supersonic

Elon has this thing he calls the idiot index, which is like how much does something cost as a finished part divided by the raw materials cost?

The Shawn Ryan Show
#225 Blake Scholl - Founder & CEO of Boom Supersonic

And we have this thing I think is actually far more important.

The Shawn Ryan Show
#225 Blake Scholl - Founder & CEO of Boom Supersonic

I call the slacker index.

The Shawn Ryan Show
#225 Blake Scholl - Founder & CEO of Boom Supersonic

And the slacker index is how long it takes to get something divided by how much time it actually takes to make it.

The Shawn Ryan Show
#225 Blake Scholl - Founder & CEO of Boom Supersonic

And I'll give you a story.

The Shawn Ryan Show
#225 Blake Scholl - Founder & CEO of Boom Supersonic

We were ordering some of these turbine blades for our first prototype engine.

The Shawn Ryan Show
#225 Blake Scholl - Founder & CEO of Boom Supersonic

And it cost $1 million for one engine's worth of blades.

The Shawn Ryan Show
#225 Blake Scholl - Founder & CEO of Boom Supersonic

And it was going to take 180 days to get them.

The Shawn Ryan Show
#225 Blake Scholl - Founder & CEO of Boom Supersonic

And these are 3D printed parts.

The Shawn Ryan Show
#225 Blake Scholl - Founder & CEO of Boom Supersonic

I was like, OK, how long does it take to actually print a part?

The Shawn Ryan Show
#225 Blake Scholl - Founder & CEO of Boom Supersonic

Well, about 24 hours.

The Shawn Ryan Show
#225 Blake Scholl - Founder & CEO of Boom Supersonic

Okay, what are we doing the other 179 days?

The Shawn Ryan Show
#225 Blake Scholl - Founder & CEO of Boom Supersonic

We ended up saying, we're just going to buy all the production equipment ourselves.

The Shawn Ryan Show
#225 Blake Scholl - Founder & CEO of Boom Supersonic

Turns out it was an inventory.

The Shawn Ryan Show
#225 Blake Scholl - Founder & CEO of Boom Supersonic

We could get it in a couple of weeks.

The Shawn Ryan Show
#225 Blake Scholl - Founder & CEO of Boom Supersonic

We could just print the parts.

The Shawn Ryan Show
#225 Blake Scholl - Founder & CEO of Boom Supersonic

For the price of two engines worth of parts, we could buy the machine and make them ourselves.

The Shawn Ryan Show
#225 Blake Scholl - Founder & CEO of Boom Supersonic

Wow.

The Shawn Ryan Show
#225 Blake Scholl - Founder & CEO of Boom Supersonic

But the whole supply chain is messed up like that.