yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

Paul Buchheit: What are some things successful founders have in common?


less than 1m read
·Nov 3, 2024

So this was actually where the focused frugality obsession and love thing came from. I was actually trying to distill it down into a small enough number of words, and then I was going to try to translate it into emoji, but I failed at that part. I couldn't figure out the emoji for obsession; like love, I'm like okay, a heart.

But there is, I think, like this obsessive focus. There's almost an irrationality in some of these founders. The example that comes up as like the most insane version of it is probably like Elon Musk.

So I actually, he came into Google, gave like a Tech Talk, I want to say 2003 or something like that. And it was after he had started SpaceX, but before they had done the first rocket launch. Someone is like, what are you gonna do if the rocket explodes when you launch it? He's like, well, I have enough money for three launches, so I hope one of them succeeds.

Like he literally plowed his entire fortune; the first three blew up. I think, yeah, the first three did blow up. He managed to scrape together enough money for like a fourth rocket, but that fourth rocket hadn't gone, there would be no SpaceX, and Elon would be bankrupt.

Right? Like that's insane. I would not take all of my money and plow it into like some harebrained rocket scheme. Right? Like that's like a level of irrationality that is, I think, like wonderful.

More Articles

View All
Kevin O'Leary Shops for AFFORDABLE WATCHES | Ask Mr. Wonderful
Welcome to another episode of Ask Mr. Wonderful! And guess who I’ve got with me? You’ve met him before. Teddy is an absolute author of great work on watches. I love him; I love his depth of knowledge. But you know, we talk so much about really expensive p…
My Tenant Just Moved Out | The Aftermath
What’s up guys, it’s Graham here. So this is something I have not done in quite some time here on the channel, and that would be a remodeling video because, as the title says, here’s the aftermath of a tenant who’s been living in this unit for the last 12…
Love and Science | Genius
[Music] No, it must be an anomaly. Tight again! I already have 20 times. It’s not an anomaly. This sample must contain a new element, a radioactive element. It would have to be hundreds, no thousands of times stronger than uranium. We must isolate it. We…
How To Use The 2023 Recession To Build Wealth
Despite the 2023 economy looking pretty shaky, with high inflation, the Federal Reserve raising rates, and the stock market suffering over the past 12 months or so, many of the world’s best investors have been busy buying into the market. While most other…
How to Talk to Aliens
[Michael] Where is everyone? We have been listening for messages from outer space for more than half a century, and so far… silence. Why? Are we truly alone in the universe? Or is everyone else acting like us and just doing a lot of listening? Maybe we ne…
How to Build a Lean-to Shelter | Live Free or Die
[Music] I see white oak trees. I’ve got P medals to build with. This is a good spot. Shelter is critical. Without shelter, I’m not a trapper. I’m going to be out there surviving instead of trapping. That’ll be the framework of my lean-to. A lean-to shelt…