The Wisdom Wall

“don't waste your time with lawsuits. He's like, anytime I got screwed over by people, he's like, I didn't sue him. I just realized that you can't do a good deal with a bad person, and I just moved on. He's like, the lawyers are going to suck you dry. It's a distraction from your main business. You just have to keep…”

“People are like, oh, that doesn't scale, you can't do that. Bullshit, it's gonna scale because you're gonna do this for the rest of your life.”

“you want to get to the top of your profession, it's going to be really hard fighting against your own innate, like, desires, stuff you're interested in. Uh, you should just go with whatever, like, is natural, even if it's low status”

“Another thing that reappears throughout the history of entrepreneurship, maybe my favorite maximum of all time from the history of entrepreneurship is that excellence is the capacity to take pain.”

“if you truly are putting your back against the wall and not giving yourself any options, like, you will come up with ideas or, like, push yourself to, in a manner, into an extreme manner in which you just can't if you, if you're optimizing for, like, optionality or it's like, oh, if this doesn't work out, I have, like,…”

“the maxim here is like repetition is persuasive. It's like you have to repeat one thing that's, that's, that, that is reoccurring throughout a lot of these founders. It's like they have, they identify a handful of principles. If we go through all the notes, all the books, everything we have in front of us, it's not 25…”

“he talks about the fact that finance and engineering is in the same head. In most companies, it's separated. It's him. So he wants to make something. They went under the cost or the potential growth in revenue. It's like, no, that, that discussion is taking place with me. So then there, again, I can move faster because…”

“Two things define manufacturing competitors, economies of scale and technology. If you maximize your level of technology and maximize your level of scale, That is obviously going to be the most competitive situation.”

“I'm obsessed with people that do things for a long time because time is the only filter that I trust. I have no idea, no predictive ability that this entrepreneur that started a company today is going to be successful.”

“people are power law and the best ones change everything. And so once you actually see that you are very, almost like ruthless with who you let have access to you.”

“And this is why I like autobiographies and biographies so much, because in many cases, the person's, like, long past dead, or they're older, and they're just like, I'm writing this book when I'm 80, like, I have no, I'm not incentivized to, to lie, and, like, here's the stuff I went through, and the trouble with…”

“the unfair advantage that we have is essentially like we'd be like professional learner. You know, like, you, you get to study somebody, you get to have a multi-hour conversation with them, and like, oh wait, he said that, or she said this, like, I'm gonna take that idea.”

“if you're not on the frontier, like, Elon obviously wants to operate on the frontier and the domains that he's operating in, and the reason that is important is not only because he wants to push his, his missions forward, but you also unlock opportunities you can't see unless you're on the actual frontier.”

“So when I meet younger entrepreneurs, I'm like, you need to write down what, what you're experiencing. You're, you think, It's such an intense feeling. You think you're gonna remember. You're gonna forget all of this, and you're doing an act of service to the, you know, for the future you, for two, three, four, uh,…”