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
The Calm and Quiet Antarctic | Continent 7: Antarctica
[Music] The one thing that I really miss about being at home, honestly, is probably being able to move around and to exercise. Move in a straight line for a long time. Generally, my research is ship-based, so we’re on a two or 300-ton research boat for a …
Ponzi Factor | SEC Meeting 1
Hi everyone, this is Thanh. A quick note, kind of exciting news! I am in the process, as in either this morning or next hour or so, I’m gonna go into a roundtable meeting with the chairman of the ICC, J. Clayton, and also some other senior officials of th…
How to Make Money on YouTube from Day 1 (Without Ads, Subs or Sponsorships)
Speaker: Many people think they need to build an audience first to make money on YouTube, but that’s actually not the only way. You can make money from the beginning, even with less than thousand subs and views. And you can do this without relying on YouT…
Principles for Success: “Struggle Well” | Episode 8
Principles for Success: An Ultra Mini-Series Adventure in 30 Minutes and in Eight Episodes Episode 8: Struggle Well, so far I described how I learned to confront my own realities, my problems, my mistakes, and weaknesses, and how I surrounded myself wit…
Later stages of the Civil War part 1
All right, so we’ve been talking about the later stages of the American Civil War. In the last videos, we talked about the Battle of Gettysburg and the Gettysburg Address, which happened in November of 1863, as Abraham Lincoln went to the site of the Batt…
What Lies Beneath London’s Liverpool Rail Station? | National Geographic
[Music] People are surprised about what lies beneath London, especially when they find human remains. The Liverpool Street Station is one of the most important for archaeology because we’re right in the heart of the ancient city here. The cemetery was in …