01:26:03 · Ty Morse, Eric Jorgenson
[01:26:03] S0: What do you think the biggest evolution has been over the last, thirty years of his operating philosophy now that he has more and more resources and more and more social credibility and track record to back up his claims. [01:26:14] S1: I think there's an inflection point probably past which Tesla and SpaceX both became, like, undeniable, which is probably, like, the combination of Model three on the Tesla side and the Falcon nine success, and and NASA contract on the SpaceX side that I... At that point... And they were around the same time, I think. Tesla was still kind of a little... Probably a little uncertain until, like, autonomy came in. But at that point, it was like, oh, this is like a tenth of a percent chance. This guy walked through fire for years and years and years. The the the bit kind of flipped on his public perception, and that was when... That was his, like, oh, we're gonna base Tony Stark on Elon Musk, like, Man era. And he was a hero to the the tech community and the rocket nerds and the space people and everything, which is incredible. But it was before this sort of controversial era of of, you know, getting involved in politics or being overly grandiose about, some of what was coming in the future. And so I think that inflection point gave him unbelievable amounts of, like, capital and credibility that led to him doing stuff, you know, like the the Twitter x takeover and, Doge and stuff where he became, like, an actual household name.
01:26:14 · Eric Jorgenson, Ty Morse
[01:26:14] S1: I think there's an inflection point probably past which Tesla and SpaceX both became, like, undeniable, which is probably, like, the combination of Model three on the Tesla side and the Falcon nine success, and and NASA contract on the SpaceX side that I... At that point... And they were around the same time, I think. Tesla was still kind of a little... Probably a little uncertain until, like, autonomy came in. But at that point, it was like, oh, this is like a tenth of a percent chance. This guy walked through fire for years and years and years. The the the bit kind of flipped on his public perception, and that was when... That was his, like, oh, we're gonna base Tony Stark on Elon Musk, like, Man era. And he was a hero to the the tech community and the rocket nerds and the space people and everything, which is incredible. But it was before this sort of controversial era of of, you know, getting involved in politics or being overly grandiose about, some of what was coming in the future. And so I think that inflection point gave him unbelievable amounts of, like, capital and credibility that led to him doing stuff, you know, like the the Twitter x takeover and, Doge and stuff where he became, like, an actual household name. [01:27:38] S0: Final thing to end it on is just the idea of effectiveness and what makes a super effective individual.
01:27:45 · Eric Jorgenson
[01:27:45] S1: I like the thought experiment of, if you had perfect information and perfect energy, like, what could you achieve? And, you know, through a financial lens, just to use it as an example, like, if you knew exactly which stock was gonna go up the most today and tomorrow and the day after in the market, you could put all your money in whatever the best performing stock was every day and stack it up, and it would not take you long to become a billionaire. Right? And I use that just to say, like, when you're working on the right thing at the right time, and it's massively effective, you can... You multiply those things together and you achieve orders of magnitude different outcomes. And those tools and that mindset are available to anybody. Right? These are not superhuman traits. You don't have to be a genius to adopt these particular things. And hard work is actually the least important thing of the formula. It's the right work done quickly with maximum effectiveness. That's sort of the equation of being an effective person, and there's there's a million billion reasons why people are not working on the right thing, not working on it immediately, and not working on it with maximum effectiveness. But all of those reasons, you don't have to solve all those reasons to just invert it and start using that mindset. Like, run this constant triage of what's the most important thing I could be doing right now. What's the highest leverage action I could possibly take? And how hard can I jump on that lever?