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Chris Williamson

๐Ÿ‘ค Speaker
48177 total appearances

Appearances Over Time

Podcast Appearances

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

Yeah, George and I were talking about this this morning because I think there's like conventionally good wisdom that is focus.

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

And this was one of the things I was surprised by.

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

Warren Buffett's the perfect quote to like explain this concept at a high level, which is like, you can't get a baby in one month by getting nine women pregnant.

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

Elon's tried.

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

So there are some things that there's an incompressible amount of time.

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

And if you put those in sequence, now all of a sudden your timeline is this long.

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

But if you can plant all the seeds at the same time and they're growing in parallel, all of a sudden your timeline is shrunk by a third.

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

And

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

I was at the grandest scale.

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

It's kind of like most normal people would start an electric car company, grow it, make it successful, and then start their space company.

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

And he was like, nah, I can do both at once.

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

We just give it a try.

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

because we might be able to move the total timeline of success up dramatically and it's harder and it's riskier, but it also generates returns sooner.

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

And I think there's only some problems that are like, this is the right approach for.

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

And he talked about in PayPal, he was like, we were developing the product and trying to do all these integrations and trying to get like regulatory coverage.

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

And it was like, we did all of them all at once.

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

It was fucking chaos, but we launched in a year instead of,

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

the three years that would have been conventional wisdom of like, it doesn't make sense to invest in the product until we have the permission and we don't have the integrations until we have the product.

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

He's like, nope, do it all at once, launch immediately.

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

And even further than that, I think this comes from his study of history in a lot of ways.