Musk's learning plan:
First, he referred to three books:
1. 'Rocket Propulsion Elements'
2. 'Aerothermodynamics of Gas Turbine and Rocket Propulsion'
3. 'Fundamentals of Astrodynamics' Instead of memorizing facts, focus on searching for the fundamental principles.
The framework Musk follows consists of two steps:
1. Break down knowledge into its fundamental principles:
Break any complex topic into its basic elements, just like disassembling a complex machine to understand how it works.
2. Rebuild those principles in new ways:
Instead of following traditional methods, combine principles to find innovative solutions.
Results:
Let's take rockets as an example:
Traditional rockets were used only once, just like throwing away a plane after a single flight.
But Musk, by understanding the fundamental principles, realized that the cost of materials in rockets represents only 2% of the total price.
The rest? Just inflated profits. This discovery led to the development of reusable rockets:
The cost of launching a traditional rocket: 200 million dollars.
The cost of launching Falcon 9 from SpaceX: only 62 million dollars.
Musk reduced costs by 70%.
The most important element: Knowledge transfer:
Musk emphasizes the importance of transferring principles between different fields.
This enabled him to jump between:
Electronic payments (PayPal).
Electric cars (Tesla).
Space travel (SpaceX).
The practical framework of Elon Musk:
1. Think of any complex topic and break it down into its fundamental principles.
2. Rebuild these principles in new ways.
3. Apply these insights in other fields.
The biggest lesson:
This learning framework is not just for tech billionaires.
Instead, it changes how major companies deal with innovation.
Today, the companies that are leading the competition are those that:
Understand the basic principles.
Rebuild them in innovative ways.
This is not just a 'shortcut to learning', but the key to controlling the future economy
The practical framework of Elon Musk:
1. Think of any complex topic and break it down into its fundamental principles.
2. Rebuild these principles in new ways.
3. Apply these insights in other fields..
The biggest lesson:
This learning framework is not just for tech billionaires.
Instead, it changes how major companies deal with innovation.
Today, the companies that are leading the competition are those that:
Understand the basic principles.
Rebuild them in innovative ways.
This is not just a 'shortcut to learning', but the key to controlling the future economy.
Good luck to everyone ❤️ #BinanceAlpha$1.7MReward