“Don’t do anything that someone else can do.” – Edwin Land
Next:
- 2-1c1a Even if you are better at everything that doesn’t mean you should do everything by yourself
- 2-1c2 ‘Specialization’ - Minimizing opportunity costs maximize comparative advantages and leads to prosperity
Related:
- 1-1a5b4 ‘Release early and often, delegate everything you can, be open to the point of promiscuity’
- 1-2g1c4 Technology is what makes us humans
- 4-1a4b7 Your mind is different from other medium (e.g., paper) because it can transfer ideas to other medium
- 4-1a4b8 Your mind can and does hold ideas like any other medium, but that’s not what the mind is for
- 4-1a4b8c When you outsource your thinking, you can reap the benefits of multitasking without any downsides.
- 7-1a1a3 If you know that others can solve certain problems, let them. Only work on important problems worth focusing on.
- 9-4e2c Figure out what’s really worth automating-delegating first, before automating-delegating anything
- RUL3 - Bounded commitment - choose one best thing available, commit for predetermined time period, then revisit. Similar to balancing depth-first vs breadth-first in search algorithms. Think of your time as quantifiable resource like capital.
- RUL3 - When automating, make sure the initial constraints and requirements are not stupid-dumb-bullshit.
- On recruiting
- But you should know everything—there’s difference between doing and knowing (e.g., Elon Musk on vertical integration):revisit
- 2-1c2b Forced vertical integration made Tesla intimately familiar with the complex supply chain required to build a car. Good counter-argument to outsourcing everything.
- 5-1b1a7 Technology’s ‘function’ consists of many parts, and you have to have an explanation for how each contributes to the whole (i.e., ‘vertically-integrated’)