
before we were able to get the road throughout then they’d say well you
throughout then they’d say well you
throughout then they’d say well you couldn’t possibly make that car work and
couldn’t possibly make that car work and
couldn’t possibly make that car work and then just work like hell when you want
then just work like hell when you want
then just work like hell when you want to do something new you you have to you
to do something new you you have to you
to do something new you you have to you have to apply the physics approach
have to apply the physics approach
have to apply the physics approach starting companies like staring at the
starting companies like staring at the
starting companies like staring at the abyss and eating glass you have to do
abyss and eating glass you have to do
abyss and eating glass you have to do the tough stuff and as well as the
the tough stuff and as well as the
the tough stuff and as well as the enjoyable stuff it actually matters
enjoyable stuff it actually matters
enjoyable stuff it actually matters whether somebody’s good person give a
whether somebody’s good person give a
whether somebody’s good person give a great product let’s if you will buy it
great product let’s if you will buy it
great product let’s if you will buy it and then the comedy will be successful I
and then the comedy will be successful I
and then the comedy will be successful I don’t ever give up friends are reluctant
don’t ever give up friends are reluctant
don’t ever give up friends are reluctant to tell you bad things so whether or not
to tell you bad things so whether or not
to tell you bad things so whether or not people want to come back or not is kind
people want to come back or not is kind
people want to come back or not is kind of like they can jump on if they want
of like they can jump on if they want
of like they can jump on if they want but they need the spaceship back he
but they need the spaceship back he
but they need the spaceship back he isn’t afraid to tackle big challenges in
isn’t afraid to tackle big challenges in
isn’t afraid to tackle big challenges in every interview in every talk and every
every interview in every talk and every
every interview in every talk and every sentence he uses passion for what he
sentence he uses passion for what he
sentence he uses passion for what he does here are Elon Musk’s top ten
does here are Elon Musk’s top ten
does here are Elon Musk’s top ten interviews mentor me Elon
before we were able to get the roads
before we were able to get the roads throughout then they’d say well you can
throughout then they’d say well you can
throughout then they’d say well you can possibly make that car work and then
possibly make that car work and then
possibly make that car work and then when we made the car work they’d say
when we made the car work they’d say
when we made the car work they’d say well nobody going to buy it and then
well nobody going to buy it and then
well nobody going to buy it and then people bought it and then we announced
people bought it and then we announced
people bought it and then we announced the Model S and so many people call
the Model S and so many people call
the Model S and so many people call on that it was ridiculous and
on that it was ridiculous and
on that it was ridiculous and and and yet actually the we were able to
and and yet actually the we were able to
and and yet actually the we were able to bring it to market and then we brought
bring it to market and then we brought
bring it to market and then we brought to market they said well you’re never
to market they said well you’re never
to market they said well you’re never going to be able to produce with volume
going to be able to produce with volume
going to be able to produce with volume and if did that and then they would say
and if did that and then they would say
and if did that and then they would say you will never be able to make a profit
you will never be able to make a profit
you will never be able to make a profit and then we did that in q1 so I’m
and then we did that in q1 so I’m
and then we did that in q1 so I’m hopeful that there’s a people observe
hopeful that there’s a people observe
hopeful that there’s a people observe that there’s a trend here and if it’s an
that there’s a trend here and if it’s an
that there’s a trend here and if it’s an so now that we we have been profitable I
so now that we we have been profitable I
so now that we we have been profitable I think other manufacturers are more
think other manufacturers are more
think other manufacturers are more likely to embark on electric vehicle
likely to embark on electric vehicle
likely to embark on electric vehicle projects
I really need to give some thought to
I really need to give some thought to like
like
like I provide advice that would be most
I provide advice that would be most
I provide advice that would be most helpful and I’m not sure I’ve given
helpful and I’m not sure I’ve given
helpful and I’m not sure I’ve given enough thought to to that to give you
enough thought to to that to give you
enough thought to to that to give you the best possible answer but I think I
the best possible answer but I think I
the best possible answer but I think I think certainly being focused on
think certainly being focused on
think certainly being focused on something that you’re confident will
something that you’re confident will
something that you’re confident will have high value to someone else and just
have high value to someone else and just
have high value to someone else and just being really rigorous in making that
being really rigorous in making that
being really rigorous in making that assessment because people are tend to
assessment because people are tend to
assessment because people are tend to natural human tendencies wishful
natural human tendencies wishful
natural human tendencies wishful thinking so a challenge for
thinking so a challenge for
thinking so a challenge for entrepreneurs is to say well what’s the
entrepreneurs is to say well what’s the
entrepreneurs is to say well what’s the difference between really believing new
difference between really believing new
difference between really believing new ideals and sticking sticking to them
ideals and sticking sticking to them
ideals and sticking sticking to them versus pursuing some unrealistic dream
versus pursuing some unrealistic dream
versus pursuing some unrealistic dream that doesn’t actually have merit and
that doesn’t actually have merit and
that doesn’t actually have merit and it’s it’s that is it that is a really
it’s it’s that is it that is a really
it’s it’s that is it that is a really difficult thing to to tell you can you
difficult thing to to tell you can you
difficult thing to to tell you can you tell the difference between those two
tell the difference between those two
tell the difference between those two things I know so you need to be sort of
things I know so you need to be sort of
things I know so you need to be sort of very rigorous in your self self analysis
very rigorous in your self self analysis
very rigorous in your self self analysis I think certainly extremely tenacious
I think certainly extremely tenacious
I think certainly extremely tenacious and and then just work like hell I mean
and and then just work like hell I mean
and and then just work like hell I mean you just have to put in you know 80 hour
you just have to put in you know 80 hour
you just have to put in you know 80 hour 80 100 hour weeks every week yes
80 100 hour weeks every week yes
80 100 hour weeks every week yes and then matter like that but all those
and then matter like that but all those
and then matter like that but all those things improve the odds of success okay
things improve the odds of success okay
things improve the odds of success okay I mean if other people are putting in 40
I mean if other people are putting in 40
I mean if other people are putting in 40 hour work weeks and you’re putting in
hour work weeks and you’re putting in
hour work weeks and you’re putting in 100 hour work weeks then even if you’re
100 hour work weeks then even if you’re
100 hour work weeks then even if you’re doing the same thing you know that in
doing the same thing you know that in
doing the same thing you know that in one year you will achieve what they
one year you will achieve what they
one year you will achieve what they achieve you will achieve in four months
achieve you will achieve in four months
achieve you will achieve in four months what it takes them a year to achieve
I do think there’s a good good framework
I do think there’s a good good framework for thinking it is physics you know the
for thinking it is physics you know the
for thinking it is physics you know the sort of first principles reasoning but
sort of first principles reasoning but
sort of first principles reasoning but generally that I think they’re what what
generally that I think they’re what what
generally that I think they’re what what I mean by that is boil things down to
I mean by that is boil things down to
I mean by that is boil things down to their fundamental truths and reason up
their fundamental truths and reason up
their fundamental truths and reason up from there as opposed to reasoning by
from there as opposed to reasoning by
from there as opposed to reasoning by analogy through most of our life we we
analogy through most of our life we we
analogy through most of our life we we get through life by reasoning by analogy
get through life by reasoning by analogy
get through life by reasoning by analogy which essentially means kind of copying
which essentially means kind of copying
which essentially means kind of copying what other people do with slight
what other people do with slight
what other people do with slight variations and you have to do that
variations and you have to do that
variations and you have to do that otherwise it’s mentally you wouldn’t be
otherwise it’s mentally you wouldn’t be
otherwise it’s mentally you wouldn’t be able to get through the day
able to get through the day
able to get through the day but when you when you want to do
but when you when you want to do
but when you when you want to do something new you you have to you have
something new you you have to you have
something new you you have to you have to apply the the physics approach get
to apply the the physics approach get
to apply the the physics approach get physics is really sort of figured out
physics is really sort of figured out
physics is really sort of figured out how to discover new things that are
how to discover new things that are
how to discover new things that are counterintuitive like quantum mechanics
counterintuitive like quantum mechanics
counterintuitive like quantum mechanics it’s really counterintuitive so I think
it’s really counterintuitive so I think
it’s really counterintuitive so I think I think that’s an important thing to do
I think that’s an important thing to do
I think that’s an important thing to do this may sound like sort of simple
this may sound like sort of simple
this may sound like sort of simple advice but it’s hardly anyone does that
advice but it’s hardly anyone does that
advice but it’s hardly anyone does that and it’s incredibly helpful
one does have to be focused on with
one does have to be focused on with short-term and money coming in when
short-term and money coming in when
short-term and money coming in when creating a company because otherwise the
creating a company because otherwise the
creating a company because otherwise the company will for die so that the I think
company will for die so that the I think
company will for die so that the I think that a lot of times people think like
that a lot of times people think like
that a lot of times people think like creating company is going to be fun I
creating company is going to be fun I
creating company is going to be fun I would say it’s not it’s really not that
would say it’s not it’s really not that
would say it’s not it’s really not that fun when there are periods of fun and
fun when there are periods of fun and
fun when there are periods of fun and there are periods of where it’s where
there are periods of where it’s where
there are periods of where it’s where it’s just awful and particularly if you
it’s just awful and particularly if you
it’s just awful and particularly if you CEO of the company you actually have a
CEO of the company you actually have a
CEO of the company you actually have a distillation of all the worst problems
distillation of all the worst problems
distillation of all the worst problems in the company there’s no point in
in the company there’s no point in
in the company there’s no point in spending your time on things that are
spending your time on things that are
spending your time on things that are going right so you only spend on things
going right so you only spend on things
going right so you only spend on things on your time on things that are going
on your time on things that are going
on your time on things that are going wrong and there are things that are
wrong and there are things that are
wrong and there are things that are going wrong that other people can’t
going wrong that other people can’t
going wrong that other people can’t can’t take care of so you like the worst
can’t take care of so you like the worst
can’t take care of so you like the worst you have a filter for the crappiest
you have a filter for the crappiest
you have a filter for the crappiest problems in the company most pernicious
problems in the company most pernicious
problems in the company most pernicious and painful problem so I wouldn’t say
and painful problem so I wouldn’t say
and painful problem so I wouldn’t say it’s it’s it I think you have to feel
it’s it’s it I think you have to feel
it’s it’s it I think you have to feel quite compelled to do it
quite compelled to do it
quite compelled to do it and have a fairly high pain threshold
and have a fairly high pain threshold
and have a fairly high pain threshold and there’s a friend of mine who says
and there’s a friend of mine who says
and there’s a friend of mine who says like starting companies like staring
like starting companies like staring
like starting companies like staring into the abyss and eating glass and
into the abyss and eating glass and
into the abyss and eating glass and there’s some truth to that we’re staring
there’s some truth to that we’re staring
there’s some truth to that we’re staring into the abyss Pot is that you’re going
into the abyss Pot is that you’re going
into the abyss Pot is that you’re going to be constantly facing the
to be constantly facing the
to be constantly facing the extermination of the company because
extermination of the company because
extermination of the company because most most startups fail like 90 percent
most most startups fail like 90 percent
most most startups fail like 90 percent probably 99% of Starks fail so I so you
probably 99% of Starks fail so I so you
probably 99% of Starks fail so I so you that that’s the staring in to give this
that that’s the staring in to give this
that that’s the staring in to give this part you can’t constantly saying okay
part you can’t constantly saying okay
part you can’t constantly saying okay this if if I don’t get this right the
this if if I don’t get this right the
this if if I don’t get this right the company will die
company will die
company will die should be quite correct for quite
should be quite correct for quite
should be quite correct for quite stressful and and then the eating glass
stressful and and then the eating glass
stressful and and then the eating glass part is you’ve got you’ve got to do
part is you’ve got you’ve got to do
part is you’ve got you’ve got to do you’ve got to do the problems you’re
you’ve got to do the problems you’re
you’ve got to do the problems you’re gonna slow you’re going to work in the
gonna slow you’re going to work in the
gonna slow you’re going to work in the problems that the company needs you to
problems that the company needs you to
problems that the company needs you to work on not the problems you want to
work on not the problems you want to
work on not the problems you want to work on and so that the that’s you and
work on and so that the that’s you and
work on and so that the that’s you and I’ve working on problems that that you
I’ve working on problems that that you
I’ve working on problems that that you really wish you weren’t working on and
really wish you weren’t working on and
really wish you weren’t working on and so that’s the eating glass part then
so that’s the eating glass part then
so that’s the eating glass part then that goes on for a long time so how do
that goes on for a long time so how do
that goes on for a long time so how do you keep your focus on the big picture
you keep your focus on the big picture
you keep your focus on the big picture when you’re constantly faced with we
when you’re constantly faced with we
when you’re constantly faced with we could be out of business in a month
well it’s just a very small percentage
well it’s just a very small percentage of mental energies on the on the big
of mental energies on the on the big
of mental energies on the on the big picture like you know you know where you
picture like you know you know where you
picture like you know you know where you generally heading for and and the actual
generally heading for and and the actual
generally heading for and and the actual path is going to be some sort of
path is going to be some sort of
path is going to be some sort of zigzagging thing in that direction and
zigzagging thing in that direction and
zigzagging thing in that direction and try not to deviate too far from the path
try not to deviate too far from the path
try not to deviate too far from the path that that you want to be on but you’re
that that you want to be on but you’re
that that you want to be on but you’re going to have to do that some degree but
going to have to do that some degree but
going to have to do that some degree but I don’t want to I don’t want to diminish
I don’t want to I don’t want to diminish
I don’t want to I don’t want to diminish the I mean I think the product the
the I mean I think the product the
the I mean I think the product the profit motive is it is a is a good one
profit motive is it is a is a good one
profit motive is it is a is a good one if the rules of an industry are properly
if the rules of an industry are properly
if the rules of an industry are properly set up so there’s only fundamentally
set up so there’s only fundamentally
set up so there’s only fundamentally wrong with profit in fact profit just
wrong with profit in fact profit just
wrong with profit in fact profit just means that people are paying you more
means that people are paying you more
means that people are paying you more for whatever you’re doing then you’re
for whatever you’re doing then you’re
for whatever you’re doing then you’re spending to create it that’s a good
spending to create it that’s a good
spending to create it that’s a good thing and if you’re not if that’s not
thing and if you’re not if that’s not
thing and if you’re not if that’s not the case then you’ll be out of business
the case then you’ll be out of business
the case then you’ll be out of business and rightfully so sure you’re not adding
and rightfully so sure you’re not adding
and rightfully so sure you’re not adding enough value
you’re being innovative can be very
you’re being innovative can be very exciting life a doing business sometimes
exciting life a doing business sometimes
exciting life a doing business sometimes requires no persistence and sometimes
requires no persistence and sometimes
requires no persistence and sometimes could be very boring do you have the
could be very boring do you have the
could be very boring do you have the same fun from innovation as from
same fun from innovation as from
same fun from innovation as from business running a business
business running a business
business running a business um well I always thought that you’d be
um well I always thought that you’d be
um well I always thought that you’d be just an innovator engineer instead of a
just an innovator engineer instead of a
just an innovator engineer instead of a business owner or runner I mean I’d love
business owner or runner I mean I’d love
business owner or runner I mean I’d love to just do innovation work and just do
to just do innovation work and just do
to just do innovation work and just do engineering but you raise a good point
engineering but you raise a good point
engineering but you raise a good point because you know a lot of life in
because you know a lot of life in
because you know a lot of life in general any job there’s like you have to
general any job there’s like you have to
general any job there’s like you have to do your chores you know there’s no
do your chores you know there’s no
do your chores you know there’s no nobody else it can do that for you
nobody else it can do that for you
nobody else it can do that for you well it’s yet to be I think to be
well it’s yet to be I think to be
well it’s yet to be I think to be successful at almost anything you can’t
successful at almost anything you can’t
successful at almost anything you can’t if you have to do the tough stuff and as
if you have to do the tough stuff and as
if you have to do the tough stuff and as well as the enjoyable stuff you have to
well as the enjoyable stuff you have to
well as the enjoyable stuff you have to do the boring stuff as well as the non
do the boring stuff as well as the non
do the boring stuff as well as the non boring stuff and if you don’t do your
boring stuff and if you don’t do your
boring stuff and if you don’t do your chores then bad things will happen but
chores then bad things will happen but
chores then bad things will happen but if they don’t do the things that they
if they don’t do the things that they
if they don’t do the things that they don’t like to do then the company will
don’t like to do then the company will
don’t like to do then the company will be in trouble
be in trouble
be in trouble yeah like you have to basically be like
yeah like you have to basically be like
yeah like you have to basically be like it’s more fun to cook the meal than to
it’s more fun to cook the meal than to
it’s more fun to cook the meal than to to clean the dishes okay but you need to
to clean the dishes okay but you need to
to clean the dishes okay but you need to clean the dishes we need to get that yes
clean the dishes we need to get that yes
clean the dishes we need to get that yes use your boss exactly
how is the Elan of 2013 different from
how is the Elan of 2013 different from the Elan of the zip two days what have
the Elan of the zip two days what have
the Elan of the zip two days what have you learned
you learned
you learned Waveland well quite quite a lot about a
Waveland well quite quite a lot about a
Waveland well quite quite a lot about a Scottish you from between out between
Scottish you from between out between
Scottish you from between out between then and now I think I’ve mentioned this
then and now I think I’ve mentioned this
then and now I think I’ve mentioned this at at winners game I talked itself I
at at winners game I talked itself I
at at winners game I talked itself I Southwest but I think the I’ve made
Southwest but I think the I’ve made
Southwest but I think the I’ve made several hiring decisions in the past
several hiring decisions in the past
several hiring decisions in the past which where I valued intellect over
which where I valued intellect over
which where I valued intellect over heart and I think that was a mistake and
heart and I think that was a mistake and
heart and I think that was a mistake and try to try to adjust accordingly you
try to try to adjust accordingly you
try to try to adjust accordingly you know that it actually matters whether
know that it actually matters whether
know that it actually matters whether somebody’s good person it beyond just
somebody’s good person it beyond just
somebody’s good person it beyond just you know goodness itself it right yeah
the ability to attract and motivate
the ability to attract and motivate great people is critical to the success
great people is critical to the success
great people is critical to the success of a company because the company is just
of a company because the company is just
of a company because the company is just that’s a group of people that are
that’s a group of people that are
that’s a group of people that are assembled to create a product or service
assembled to create a product or service
assembled to create a product or service that’s the purpose of a company if you
that’s the purpose of a company if you
that’s the purpose of a company if you always forget this elementary truth and
always forget this elementary truth and
always forget this elementary truth and so if you know if you’re able to get
so if you know if you’re able to get
so if you know if you’re able to get great people to join the company and
great people to join the company and
great people to join the company and work together towards a common goal and
work together towards a common goal and
work together towards a common goal and and you’re sort of have a role and for
and you’re sort of have a role and for
and you’re sort of have a role and for the sense of perfection about that goal
the sense of perfection about that goal
the sense of perfection about that goal then you will end up with a great
then you will end up with a great
then you will end up with a great product
product
product and if you have a great product let’s
and if you have a great product let’s
and if you have a great product let’s people will buy it and then the comedy
people will buy it and then the comedy
people will buy it and then the comedy will be successful yeah really it’s
will be successful yeah really it’s
will be successful yeah really it’s pretty straightforward really here I
pretty straightforward really here I
pretty straightforward really here I mean yeah that’s the reason for it
when you had that third failure in a row
when you had that third failure in a row did you think I need to pack this in
did you think I need to pack this in
did you think I need to pack this in never why not I don’t ever give up I
never why not I don’t ever give up I
never why not I don’t ever give up I mean I’d have to be dead or completely
mean I’d have to be dead or completely
mean I’d have to be dead or completely incapacitated
always be questioning your your whatever
always be questioning your your whatever idea you have not from the standpoint of
idea you have not from the standpoint of
idea you have not from the standpoint of reducing confidence in it but more to
reducing confidence in it but more to
reducing confidence in it but more to make sure it stands up to reason if
make sure it stands up to reason if
make sure it stands up to reason if something does not stand up to reason
something does not stand up to reason
something does not stand up to reason then it is probably false and I think
then it is probably false and I think
then it is probably false and I think it’s a good idea to solicit negative
it’s a good idea to solicit negative
it’s a good idea to solicit negative feedback from friends in particular
feedback from friends in particular
feedback from friends in particular because friends are reluctant to tell
because friends are reluctant to tell
because friends are reluctant to tell you bad things even if they know it you
you bad things even if they know it you
you bad things even if they know it you know and it doesn’t mean that they’re
know and it doesn’t mean that they’re
know and it doesn’t mean that they’re right but they may very well be wrong
right but they may very well be wrong
right but they may very well be wrong but but sometimes they’re right and so
but but sometimes they’re right and so
but but sometimes they’re right and so if you have a product or service
if you have a product or service
if you have a product or service whatever you want to say you want to ask
whatever you want to say you want to ask
whatever you want to say you want to ask your friend said please tell me what you
your friend said please tell me what you
your friend said please tell me what you really think well you know what do you
really think well you know what do you
really think well you know what do you really think is wrong here and I won’t
really think is wrong here and I won’t
really think is wrong here and I won’t be offended and you will still be my
be offended and you will still be my
be offended and you will still be my friend and then they will tell you
if you look at the jet the trajectory of
if you look at the jet the trajectory of space technology and progress the the
space technology and progress the the
space technology and progress the the pinnacle of that progress was was around
pinnacle of that progress was was around
pinnacle of that progress was was around maybe 1969 1970 here were the moon
maybe 1969 1970 here were the moon
maybe 1969 1970 here were the moon missions and so we made incredible
missions and so we made incredible
missions and so we made incredible progress in the 60s and then we were
progress in the 60s and then we were
progress in the 60s and then we were able to land moon and then with the
able to land moon and then with the
able to land moon and then with the Space Shuttle could only get people to
Space Shuttle could only get people to
Space Shuttle could only get people to low-earth orbit now the Space Shuttle is
low-earth orbit now the Space Shuttle is
low-earth orbit now the Space Shuttle is retired and that’s just it I did it
retired and that’s just it I did it
retired and that’s just it I did it there’s no trajectory of improvement
there’s no trajectory of improvement
there’s no trajectory of improvement it’s a trajectory to nothing so and I
it’s a trajectory to nothing so and I
it’s a trajectory to nothing so and I kept thinking that there’d be some plan
kept thinking that there’d be some plan
kept thinking that there’d be some plan to send people to Mars because that’s
to send people to Mars because that’s
to send people to Mars because that’s the obvious next step and the actual
the obvious next step and the actual
the obvious next step and the actual origin of SpaceX is when I was I think
origin of SpaceX is when I was I think
origin of SpaceX is when I was I think is around 2001 or so and as visiting a
is around 2001 or so and as visiting a
is around 2001 or so and as visiting a friend of mine they arrest who actually
friend of mine they arrest who actually
friend of mine they arrest who actually you may have met but he lives in Palo
you may have met but he lives in Palo
you may have met but he lives in Palo Alto now we were college house mates and
Alto now we were college house mates and
Alto now we were college house mates and he asked me was going to have PayPal and
he asked me was going to have PayPal and
he asked me was going to have PayPal and I said well I always finished in space
I said well I always finished in space
I said well I always finished in space and if I didn’t think there was anything
and if I didn’t think there was anything
and if I didn’t think there was anything I could do in space as an individual so
I could do in space as an individual so
I could do in space as an individual so my initial plan in space was actually to
my initial plan in space was actually to
my initial plan in space was actually to send to do a small mission to Mars with
send to do a small mission to Mars with
send to do a small mission to Mars with where the greenhouse essentially plowed
where the greenhouse essentially plowed
where the greenhouse essentially plowed season dehydrated nutrient gel in a
season dehydrated nutrient gel in a
season dehydrated nutrient gel in a little greenhouse that would land and
little greenhouse that would land and
little greenhouse that would land and you hydrate the gel and then you grow
you hydrate the gel and then you grow
you hydrate the gel and then you grow the plants and you have this great shot
the plants and you have this great shot
the plants and you have this great shot of green plants in a red background and
of green plants in a red background and
of green plants in a red background and that would be the money shot essentially
that would be the money shot essentially
that would be the money shot essentially and and and the people tend to respond
and and and the people tend to respond
and and and the people tend to respond to presidents and superlatives and this
to presidents and superlatives and this
to presidents and superlatives and this would be the furthest that life’s ever
would be the furthest that life’s ever
would be the furthest that life’s ever traveled the first life on Mars far as
traveled the first life on Mars far as
traveled the first life on Mars far as we know and and that that would give you
we know and and that that would give you
we know and and that that would give you excited effort well that would result in
excited effort well that would result in
excited effort well that would result in an increased NASA budget and then we
an increased NASA budget and then we
an increased NASA budget and then we could send people to Mars
could send people to Mars
could send people to Mars because that’s you know I think you want
because that’s you know I think you want
because that’s you know I think you want to have a future where you’re expecting
to have a future where you’re expecting
to have a future where you’re expecting things to be better not one where you’re
things to be better not one where you’re
things to be better not one where you’re expecting things to be worse so that was
expecting things to be worse so that was
expecting things to be worse so that was how things started out and then as I
how things started out and then as I
how things started out and then as I learned more and I went to speaking of
learned more and I went to speaking of
learned more and I went to speaking of crazy things went to Russia three times
crazy things went to Russia three times
crazy things went to Russia three times to negotiate a deal to buy a couple of
to negotiate a deal to buy a couple of
to negotiate a deal to buy a couple of the largest ICBMs in the Russian fleet
the largest ICBMs in the Russian fleet
the largest ICBMs in the Russian fleet a strange experience how do you even get
a strange experience how do you even get
a strange experience how do you even get into that negotiation uh well you talk
into that negotiation uh well you talk
into that negotiation uh well you talk to people who know people
to people who know people
to people who know people and pretty soon you’re talking to the
and pretty soon you’re talking to the
and pretty soon you’re talking to the Russian rocket forces and you know they
Russian rocket forces and you know they
Russian rocket forces and you know they turns out Russia’s quite quite a
turns out Russia’s quite quite a
turns out Russia’s quite quite a capitalist society and and so I better
capitalist society and and so I better
capitalist society and and so I better but it definitely had some some weird
but it definitely had some some weird
but it definitely had some some weird meetings in places like that I swear
meetings in places like that I swear
meetings in places like that I swear they looked like a sanitarium or
they looked like a sanitarium or
they looked like a sanitarium or something I don’t know it’s very odd we
something I don’t know it’s very odd we
something I don’t know it’s very odd we keep going back to the theme of crazy
keep going back to the theme of crazy
keep going back to the theme of crazy yeah seriously this place had padded
yeah seriously this place had padded
yeah seriously this place had padded walls like good why do you padded walls
walls like good why do you padded walls
walls like good why do you padded walls it was weird and yeah and it’s some sort
it was weird and yeah and it’s some sort
it was weird and yeah and it’s some sort of Russian guy he was missing a front to
of Russian guy he was missing a front to
of Russian guy he was missing a front to started yelling at me because his friend
started yelling at me because his friend
started yelling at me because his friend one of his front teeth was think it was
one of his front teeth was think it was
one of his front teeth was think it was like spit flying at me face is that it
like spit flying at me face is that it
like spit flying at me face is that it was like this really bizarre
was like this really bizarre
was like this really bizarre right and that wasn’t what you thought
right and that wasn’t what you thought
right and that wasn’t what you thought I’m gonna build my own rocket yeah I was
I’m gonna build my own rocket yeah I was
I’m gonna build my own rocket yeah I was probably when I got back from that third
probably when I got back from that third
probably when I got back from that third trip was like well I realized that that
trip was like well I realized that that
trip was like well I realized that that the real issue the reason we haven’t
the real issue the reason we haven’t
the real issue the reason we haven’t advanced in space is because the cost of
advanced in space is because the cost of
advanced in space is because the cost of space transportation is is become
space transportation is is become
space transportation is is become unaffordable it’s got that it’s become
unaffordable it’s got that it’s become
unaffordable it’s got that it’s become more and more expensive to do to do less
more and more expensive to do to do less
more and more expensive to do to do less and less in space and we really need to
and less in space and we really need to
and less in space and we really need to improve the technology of space
improve the technology of space
improve the technology of space transportation so that’s why I started
transportation so that’s why I started
transportation so that’s why I started SpaceX but I it may seem odd that I
SpaceX but I it may seem odd that I
SpaceX but I it may seem odd that I would saw SpaceX with an expectation of
would saw SpaceX with an expectation of
would saw SpaceX with an expectation of failure but bear in mind that my initial
failure but bear in mind that my initial
failure but bear in mind that my initial thing was to do essentially a
thing was to do essentially a
thing was to do essentially a philanthropic mission with zero percent
philanthropic mission with zero percent
philanthropic mission with zero percent chance of success from a financial
chance of success from a financial
chance of success from a financial standpoint so isn’t it would have
standpoint so isn’t it would have
standpoint so isn’t it would have effectively been a donation to the cause
effectively been a donation to the cause
effectively been a donation to the cause and so anything better than that is when
and so anything better than that is when
and so anything better than that is when looking at the at the Apollo experience
looking at the at the Apollo experience
looking at the at the Apollo experience are you concerned that say we land
are you concerned that say we land
are you concerned that say we land humans in Mars if they in say 10 15
humans in Mars if they in say 10 15
humans in Mars if they in say 10 15 years and then under Saturn the
years and then under Saturn the
years and then under Saturn the excitement is done we’ve done it and
excitement is done we’ve done it and
excitement is done we’ve done it and just go and dress for the next 50 years
just go and dress for the next 50 years
just go and dress for the next 50 years like we did with the Polo is that
like we did with the Polo is that
like we did with the Polo is that something that comes
something that comes
something that comes yeah well that’s why I think we should
yeah well that’s why I think we should
yeah well that’s why I think we should really be setting the goal as the
really be setting the goal as the
really be setting the goal as the creation of a self-sustaining
creation of a self-sustaining
creation of a self-sustaining civilization on Mars not simply a
civilization on Mars not simply a
civilization on Mars not simply a mission to Mars because then we risk you
mission to Mars because then we risk you
mission to Mars because then we risk you know it would be awesome and cool and
know it would be awesome and cool and
know it would be awesome and cool and would be a new high altitude record and
would be a new high altitude record and
would be a new high altitude record and you know great pictures is up but I mean
you know great pictures is up but I mean
you know great pictures is up but I mean it would be it just it’s just not the
it would be it just it’s just not the
it would be it just it’s just not the thing that fundamentally changes the
thing that fundamentally changes the
thing that fundamentally changes the future of humanity and this I mean I
future of humanity and this I mean I
future of humanity and this I mean I should sort of explain perhaps the
should sort of explain perhaps the
should sort of explain perhaps the rationale for you know why I think is
rationale for you know why I think is
rationale for you know why I think is important to establish a self-sustaining
important to establish a self-sustaining
important to establish a self-sustaining colony on Mars because I think you some
colony on Mars because I think you some
colony on Mars because I think you some people are aware of that but probably
people are aware of that but probably
people are aware of that but probably most people aren’t and your head you
most people aren’t and your head you
most people aren’t and your head you hear all these rebuttals like under all
hear all these rebuttals like under all
hear all these rebuttals like under all these problems on earth that we need to
these problems on earth that we need to
these problems on earth that we need to deal with and shouldn’t we focus on that
deal with and shouldn’t we focus on that
deal with and shouldn’t we focus on that and the answer is yes I mean our primary
and the answer is yes I mean our primary
and the answer is yes I mean our primary focus should be problems on earth but I
focus should be problems on earth but I
focus should be problems on earth but I think that there should be some small
think that there should be some small
think that there should be some small amount that’s given over to the
amount that’s given over to the
amount that’s given over to the establishment of of a colony on Mars and
establishment of of a colony on Mars and
establishment of of a colony on Mars and making life multiplanetary by small
making life multiplanetary by small
making life multiplanetary by small amount I mean some number less than 1%
amount I mean some number less than 1%
amount I mean some number less than 1% of our resources so you know it’s it’s
of our resources so you know it’s it’s
of our resources so you know it’s it’s not as important as as say health care
not as important as as say health care
not as important as as say health care but it’s more important than like say
but it’s more important than like say
but it’s more important than like say cosmetics I mean I’m Pro coming up are
cosmetics I mean I’m Pro coming up are
cosmetics I mean I’m Pro coming up are in favor of cosmetics I like them
in favor of cosmetics I like them
in favor of cosmetics I like them they’re great but you know lipstick or
they’re great but you know lipstick or
they’re great but you know lipstick or calling on Mars to feel we have
calling on Mars to feel we have
calling on Mars to feel we have different opinions but I so I so I think
different opinions but I so I so I think
different opinions but I so I so I think I think we should we should have that
I think we should we should have that
I think we should we should have that and because the future humanity will
and because the future humanity will
and because the future humanity will fundamentally bifurcate along the lines
fundamentally bifurcate along the lines
fundamentally bifurcate along the lines of either single planet species or
of either single planet species or
of either single planet species or multi-planet species and a multi-planet
multi-planet species and a multi-planet
multi-planet species and a multi-planet version of humanity of humanity’s future
version of humanity of humanity’s future
version of humanity of humanity’s future is going to last a lot longer
is going to last a lot longer
is going to last a lot longer we will propagate civilizations the
we will propagate civilizations the
we will propagate civilizations the future far longer if we are multiplying
future far longer if we are multiplying
future far longer if we are multiplying species than if we are single plant
species than if we are single plant
species than if we are single plant species and and so it’s like planetary
species and and so it’s like planetary
species and and so it’s like planetary redundancy backing up the biosphere it’s
redundancy backing up the biosphere it’s
redundancy backing up the biosphere it’s you know it’s a we’ve got all of our
you know it’s a we’ve got all of our
you know it’s a we’ve got all of our eggs in one basket here we should try to
eggs in one basket here we should try to
eggs in one basket here we should try to protect that basket and do everything we
protect that basket and do everything we
protect that basket and do everything we can but but there are some risks that
can but but there are some risks that
can but but there are some risks that are just extremely tough
are just extremely tough
are just extremely tough called to mitigate and some which we
called to mitigate and some which we
called to mitigate and some which we will ultimately not be able to mitigate
will ultimately not be able to mitigate
will ultimately not be able to mitigate so it just seems like the right thing to
so it just seems like the right thing to
so it just seems like the right thing to do and then the question is next
do and then the question is next
do and then the question is next question is what should we do it now or
question is what should we do it now or
question is what should we do it now or should we just which we wait for some
should we just which we wait for some
should we just which we wait for some point in the future and I think I think
point in the future and I think I think
point in the future and I think I think it’s the wise move is to do it now
it’s the wise move is to do it now
it’s the wise move is to do it now because the window of technology for
because the window of technology for
because the window of technology for this is open and it’s the first time
this is open and it’s the first time
this is open and it’s the first time that window has been open in the
that window has been open in the
that window has been open in the four-and-a-half billion year history of
four-and-a-half billion year history of
four-and-a-half billion year history of earth we have a long time and and I hope
earth we have a long time and and I hope
earth we have a long time and and I hope I certainly hope that the window will be
I certainly hope that the window will be
I certainly hope that the window will be open here for you know forever but it
open here for you know forever but it
open here for you know forever but it may also close and if you look at the
may also close and if you look at the
may also close and if you look at the history of Technology in various
history of Technology in various
history of Technology in various civilizations and look at say ancient
civilizations and look at say ancient
civilizations and look at say ancient Egypt where they’re able to build these
Egypt where they’re able to build these
Egypt where they’re able to build these incredible giant pyramids and then
incredible giant pyramids and then
incredible giant pyramids and then they’ve got how to build permits and
they’ve got how to build permits and
they’ve got how to build permits and then they couldn’t read hieroglyphics or
then they couldn’t read hieroglyphics or
then they couldn’t read hieroglyphics or you look at say Roman civilization and
you look at say Roman civilization and
you look at say Roman civilization and they were able to build these incredible
they were able to build these incredible
they were able to build these incredible aqueducts and roads and then they forgot
aqueducts and roads and then they forgot
aqueducts and roads and then they forgot how to do that and then in that indoor
how to do that and then in that indoor
how to do that and then in that indoor plumbing they’ve got how to input
plumbing they’ve got how to input
plumbing they’ve got how to input plumbing you know it’s like you know
plumbing you know it’s like you know
plumbing you know it’s like you know it’s just that there’s clearly been a
it’s just that there’s clearly been a
it’s just that there’s clearly been a cycle with with technology and you know
cycle with with technology and you know
cycle with with technology and you know hopefully that that’s an upward sloping
hopefully that that’s an upward sloping
hopefully that that’s an upward sloping sine wave that you know continues on to
sine wave that you know continues on to
sine wave that you know continues on to be really great in the future but maybe
be really great in the future but maybe
be really great in the future but maybe it doesn’t yeah maybe there’s some bad
it doesn’t yeah maybe there’s some bad
it doesn’t yeah maybe there’s some bad thing that happens and and so for 1% of
thing that happens and and so for 1% of
thing that happens and and so for 1% of our resources we could buy life
our resources we could buy life
our resources we could buy life insurance for life collectively and I
insurance for life collectively and I
insurance for life collectively and I think that would be a good thing to do
think that would be a good thing to do
think that would be a good thing to do question that has been discussed over
question that has been discussed over
question that has been discussed over the past couple of days should we be
the past couple of days should we be
the past couple of days should we be considering one trips one way only trips
considering one trips one way only trips
considering one trips one way only trips to Mars what’s the best approach to
to Mars what’s the best approach to
to Mars what’s the best approach to colonize the planet is it but what’s
colonize the planet is it but what’s
colonize the planet is it but what’s your view it’s not socially acceptable
your view it’s not socially acceptable
your view it’s not socially acceptable you think people will sign up to do it I
you think people will sign up to do it I
you think people will sign up to do it I think there’s plenty of people who sign
think there’s plenty of people who sign
think there’s plenty of people who sign up for a warrior to Mars
up for a warrior to Mars
up for a warrior to Mars but maybe if I could we could have a
but maybe if I could we could have a
but maybe if I could we could have a show of hands who would consider such an
show of hands who would consider such an
show of hands who would consider such an option I see some not Mariel perhaps
option I see some not Mariel perhaps
option I see some not Mariel perhaps enough for a couple of missions so to
enough for a couple of missions so to
enough for a couple of missions so to leave it certainly you know I think it’s
leave it certainly you know I think it’s
leave it certainly you know I think it’s sort of like is it a one-way mission and
sort of like is it a one-way mission and
sort of like is it a one-way mission and then you die or is it one of my mission
then you die or is it one of my mission
then you die or is it one of my mission and you get resupplied that’s a big
and you get resupplied that’s a big
and you get resupplied that’s a big difference
we’re for the second option yeah exactly
we’re for the second option yeah exactly but I mean I think it’s so it ends up
but I mean I think it’s so it ends up
but I mean I think it’s so it ends up being a moot point because you want to
being a moot point because you want to
being a moot point because you want to bring the spaceship back like these
bring the spaceship back like these
bring the spaceship back like these spaceships are expensive okay is there
spaceships are expensive okay is there
spaceships are expensive okay is there hard to blows you can’t just leave them
hard to blows you can’t just leave them
hard to blows you can’t just leave them there so whether or not people want to
there so whether or not people want to
there so whether or not people want to come back or not it’s kind of like they
come back or not it’s kind of like they
come back or not it’s kind of like they can jump on if they want but they need
can jump on if they want but they need
can jump on if they want but they need the spaceship back thank you
the spaceship back thank you
the spaceship back thank you I mean kind of weird like it was like
I mean kind of weird like it was like
I mean kind of weird like it was like huge collection of spaceships on Mars
huge collection of spaceships on Mars
huge collection of spaceships on Mars over time really if it’s like we’re just
over time really if it’s like we’re just
over time really if it’s like we’re just in the back and of course we’re just in
in the back and of course we’re just in
in the back and of course we’re just in the back
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