Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Chris Williamson

๐Ÿ‘ค Speaker
47578 total appearances

Appearances Over Time

Podcast Appearances

Modern Wisdom
#1082 - Eric Jorgenson - The Wild Psychology of Elon Musk

And then the part is like

Modern Wisdom
#1082 - Eric Jorgenson - The Wild Psychology of Elon Musk

$400.

Modern Wisdom
#1082 - Eric Jorgenson - The Wild Psychology of Elon Musk

Great.

Modern Wisdom
#1082 - Eric Jorgenson - The Wild Psychology of Elon Musk

We just saved $12,000.

Modern Wisdom
#1082 - Eric Jorgenson - The Wild Psychology of Elon Musk

And then power ranking the things, like what is most expensive?

Modern Wisdom
#1082 - Eric Jorgenson - The Wild Psychology of Elon Musk

We're attacking that one.

Modern Wisdom
#1082 - Eric Jorgenson - The Wild Psychology of Elon Musk

What's the second most expensive?

Modern Wisdom
#1082 - Eric Jorgenson - The Wild Psychology of Elon Musk

We're attacking that one.

Modern Wisdom
#1082 - Eric Jorgenson - The Wild Psychology of Elon Musk

And this is how he's able to make these huge cost breakthroughs that then make things more and more and more available.

Modern Wisdom
#1082 - Eric Jorgenson - The Wild Psychology of Elon Musk

What have been the biggest cost breakthroughs?

Modern Wisdom
#1082 - Eric Jorgenson - The Wild Psychology of Elon Musk

What have been the ones that have completely unlocked SpaceX, Tesla?

Modern Wisdom
#1082 - Eric Jorgenson - The Wild Psychology of Elon Musk

I think it's a million little ones all stacked up.

Modern Wisdom
#1082 - Eric Jorgenson - The Wild Psychology of Elon Musk

That one example, $13,000 to $200,000 is more than two orders of magnitude, 500X or something.

Modern Wisdom
#1082 - Eric Jorgenson - The Wild Psychology of Elon Musk

There's a story about a latch that was supposed to be $1,000 or something, and a guy just looked at it and was like, kind of looks like a bathroom stall latch.

Modern Wisdom
#1082 - Eric Jorgenson - The Wild Psychology of Elon Musk

He went to Home Depot, bought a bathroom stall latch and was like,

Modern Wisdom
#1082 - Eric Jorgenson - The Wild Psychology of Elon Musk

did a little did a little magic magic on it it's like okay did it 50 bucks boom um it's just that scrappiness over every single part every single part every single part and you know it's just this simple things done over and over and over again with like ruthless intensity and

Modern Wisdom
#1082 - Eric Jorgenson - The Wild Psychology of Elon Musk

Really, it goes back to the quote that you brought up about feeling the pain of your decisions.

Modern Wisdom
#1082 - Eric Jorgenson - The Wild Psychology of Elon Musk

If there's a company making money by selling a part that they bought from a subcontractor for $100 and then selling it to $500, who cares?

Modern Wisdom
#1082 - Eric Jorgenson - The Wild Psychology of Elon Musk

If the ultimate buyer is the government who can just have a black box budget, fine, doesn't matter.

Modern Wisdom
#1082 - Eric Jorgenson - The Wild Psychology of Elon Musk

But if Elon comes in and says, I need to drop the