Digestable

Elon Musk's Company-Building Principles

1. 1.
   Apply The Algorithm constantly — a. Question every requirement. b. Delete any part of the process you can. c. Simplify and optimize. d. Accelerate cycle time. e. Automate.
2. 2.
   The only rules are the ones dictated by the laws of physics — Everything else is a recommendation.
3. 3.
   Compare the cost of a finished product to the cost of its raw materials — The Idiot Index. If a product has a high index, its cost could be reduced through more efficient manufacturing techniques.
4. 4.
   If a timeline is long, it's wrong
5. 5.
   Hire for attitude — Skills can be taught.
6. 6.
   The leader should be on the front lines
7. 7.
   Camaraderie is dangerous — It makes it hard for people to challenge each other's work.
8. 8.
   Don't fear losing — It hurts the first 50 times, but then you'll be able to play with less emotion and take more risks.
9. 9.
   Design and production should never be separated — Keep everything together and feedback immediate.
10. 10.
    Stay heads-down focused on doing useful things for civilization
11. 11.
    The mission comes first — Keep the entire company committed to a common goal.