I tend to approach things from a physics framework. And physics teaches you to reason from first principles rather than by analogy.
Elon MuskRead
The odds of me coming into the rocket business, not knowing anything about rockets, not having ever built anything, I mean, I would have to be insane if I thought the odds were in my favor.
Interpretation
Taking risks and pursuing ambitious goals often requires confidence despite the odds.
In this quote, Elon Musk reflects on the improbability of entering the rocket industry without prior knowledge or experience, suggesting that to pursue such a daunting endeavor, one must be willing to embrace insanity in believing that success could be achieved. It emphasizes the importance of courage and determination in the face of overwhelming odds.
In practice
In a motivational speech to students about pursuing their dreams despite challenges.
I tend to approach things from a physics framework. And physics teaches you to reason from first principles rather than by analogy.
The United States is definitely ahead in culture of innovation. If someone wants to accomplish great things, there is no better place than the U.S.
The space shuttle was often used as an example of why you shouldn't even attempt to make something reusable. But one failed experiment does not invalidate the greater goal. If that was the case, we'd never have had the light bulb.
The reality is gas prices should be much more expensive then they are because we're not incorporating the true damage to the environment and the hidden costs of mining oil and transporting it to the U.S. Whenever you have an unpriced externality, you have a bit of a market failure, to the degree that eternality remains unpriced.
Man has the power to act as his own destroyer - and that is the way he has acted through most of his history.
I've actually made a prediction that within 30 years a majority of new cars made in the United States will be electric. And I don't mean hybrid, I mean fully electric.
As a negotiator, you should strive for a reputation of being fair. Your reputation precedes you. Let it precede you in a way that paves success.
Everybody in the world knew who I was before I knew who I was.
I retire from competition with great pride at having had a positive impact on my sport. I intend to keep training and practicing martial arts for as long as I live, and I look forward to watching the new generation of champions carry our sport into the future.
Business is fun. Controlling your own destiny is fun. Creating an idea and turning it into a movie; finding an artist and guiding their career and bringing them to some type of status - there's joy in that.
The way to wealth is as plain as the way to market. It depends chiefly on two words, industry and frugality: that is, waste neither time nor money, but make the best use of both. Without industry and frugality nothing will do, and with them everything.
If you are honest with yourself and can look into a mirror and believe that you have given 100 percent, you should feel proud. If you cannot, then there is more work to be done.
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