“I just repeatedly tackle the limiting factor. Whatever the limiting factor is on speed, I’m going to tackle that. If capital is the limiting factor, then I’ll solve for capital. If it’s not the limiting factor, I’ll solve for something else.” – Elon Musk
“There are times when I will drill down into a specific issue because that specific issue is the limiting factor on the progress of the company. The reason for drilling into some very detailed item is because it is the limiting factor. It’s not arbitrarily drilling into tiny things.” – Elon Musk
“You want to have an aggressive schedule and you want to figure out what the limiting factor is at any point in time and help the team address that limiting factor.” – Elon Musk
“I actually allocate time according to where the limiting factor. Where are things problematic? Where are we pushing against? What is holding us back? I focus, at the risk of saying the words too many times, on the limiting factor.” – Elon Musk
In the early days, pick the best technologies available, and innovate on only one thing. It’s okay to be boring and vanilla elsewhere.
Next:
- 5-1b1a1a Technology is about how to do things differently. Some technology can be more universal than others, but it can never be perfectly universal.
- 5-1b1a2 Some technology contains knowledge which can be universal. You can’t predict how people will use such technology.
Related:
- 1-2f1b9 Repeat what workselaborate
- 1-2g New theory is constrained in terms of what it can say, since it must either be consistent with existing theories, or contradict them but address the problems thereby raised
- 3-1c3c2a Any ideas have the potential to be MORE universal (if not universal), and constraints are to be removed sooner or later because knowledge is irreversible
- 7-1d Create something simpler-faster-cheaper for things we’ve been doing for thousands of years
- 9-2a It’s easy to convince if people don’t know you enough for what you are not
- Invert