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I work 7 days a week, but but I I'm
not expecting others to do that. Um,

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>> how much sleep do you get, by the way?

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>> Uh, about 6 hours.
>> You do 6 hours typically?

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>> Yes. >> Oh, that's not bad.
I thought it would

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be less. I've tried less, but uh I uh
my productivity my even though I'm awake

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more hours, I get less done. >> Okay.

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>> And and the brain pain level
is bad if if I get less than 6 hours.

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>> When you had that third failure in a

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row, >> did you think
I need to pack this in?

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>> Never. >> Why not?

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>> I don't ever give up. I mean, I'd have

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to be dead or completely incapacitated.

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you need to work if depending upon how
well you want to do and particularly if

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you're starting a company, you need to
work super hard. So what what does super

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hard mean? Um well, when my brother and

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I were starting our first company, uh in
instead of getting an apartment, we just

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rented a a small office and we slept on

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the couch. Um and we we showered at the

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the YMCA and uh we're we're so hot up we

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had just one computer. So the this the

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the the website was up during the day uh

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and I was coding at night 7 days a week
all the time sort of briefly had a

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girlfriend in that period and in order

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to be with me she have to sleep in the

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office. So work hard like it I mean

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every waking hour that's that's the
the thing I would I would say if if you

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particularly if you're starting a company
you have to apply a lot of hours to

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actual working actually working. So the
the way I generally do it is I'll be uh

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[music] working at SpaceX

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on Monday and then Monday night flight

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to Bay Area. Uh spent Tuesday and

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Wednesday at the barrier then at at
Tesla and then fly back on Wednesday

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night. Spent Thursday
and Friday at SpaceX.

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um in [music] in in the last several
months. Then I I would fly back here on

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a Saturday um and either spend Saturday

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and Sunday at Tesla uh or spend Saturday

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at Tesla and Sunday at SpaceX.

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I was living in the in the in the

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factory in Fremont um and and the one in

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in Nevada for 3 years straight. It was

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my primary residence. I I actually slept

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well I slept in a couch at one point on

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a in a tent on the roof. Um, and then

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but but for a while there I was just

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sleeping uh under my desk which is out

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in the open in the factory. Um, and and
for an important reason [music] and it

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was damn uncomfortable sleeping on
that floor and always when I woke up I'd

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smell like metal dust. So during shift

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change, the entire team could see me.

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And this is important because if they
think that the the sort of their leader

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is is off somewhere having a good time,
you know, drinking my ties on a tropical

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island, which I could definitely have
have been doing and would much have

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preferred to do, but but the thing
is that since the team could see me

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sleeping on the floor during shift
change, they knew I was there and that

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made a huge difference and then
they gave it their role.

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work like hell. I mean, you just have to

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put in, you know, 80 hour 80 to 100 hour

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weeks every week. That all those things
improve the odds of success. If if other

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people are putting in 40hour work weeks

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and you're putting in 100hour work

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weeks, then even if uh you're doing the

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same thing, you know that in in one year

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you will achieve what they achieve, you

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you will achieve in 4 months what it

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takes them a year to achieve.

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If if you're creating a company or if

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you're joining a company, uh the most

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important thing is to uh is to attract

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great people. So either be with join
a group that's amazing that you really

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respect or if you if you're building
a company, you've got to gather great

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people. I mean all a company is is
a group of people that have gathered

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together to create a product or service.

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And so depending upon how talented and
hardworking that group is and the degree

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to which they are focused uh cohesively

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in in a good direction that will
determine the success of the company. So

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do everything you can to to gather
great people uh if if you're creating a

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company. I think a lot of people
think I'm kind of a business person or

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something, which is fine. Like business

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is fine, but um like I uh but really

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it's, you know, it was like it's SpaceX.

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Uh Gwen Shotwell is chief operating

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officer. She kind of manages um uh

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legal, finance, um [music] sales, um and

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kind of general business activity. And

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then my time is almost entirely with the

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uh engineering team working on improving

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the Falcon 9 and the Dragon spacecraft

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and developing the MOS colonial

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architecture. Um and then at Tesla it's

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working on the Model 3 and the yeah

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something in the design studio typically

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um half a day a week um dealing with

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aesthetics and and uh look and feel

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things and and then most the rest
of week is just going through engineering

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of of of the car itself as well as

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engineering of the the factory.

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>> What's your mission life? why you do

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whatever you do.

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>> When when I was a kid, I was wondering

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kind of what's the meaning of life? Like

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why are we here? What's it all about?

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And um I came to the conclusion that uh

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what what really matters is trying to

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understand the right questions to ask.

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And [music] the more that we can

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increase the scope and scale of uh human

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consciousness, the better we are able to
ask these questions. So, so I think that

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there's certain things that are
necessary to ensure that the future is

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good and [music] some of those things

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are in the long term having long-term
sustainable transport and sustainable

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energy generation.

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um and uh to be a space fairing

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civilization and for humanity to be
out there among the stars and be a

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multilanetary uh species.
Um I [music] mean I think

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the being a multilanet species and being

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out there among the stars is important

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for uh the long-term survival of

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humanity and uh that's one reason kind

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of like life insurance for life

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collectively life as we know it. Um, but

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then the part that I find personally

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most motivating is that it creates a

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sense of adventure and it makes people

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excited about the future.
You know, my goal is like try to do

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useful things, try to maximize the

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probability the future is good.

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um make the future exciting, something

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you look forward to, you know.

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You know, with uh you know, with Tesla,
we're like trying to make things that

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people love. How many how many things

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can you buy that you really love that

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really give you joy? So rare. So rare. I

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wish there were more things. That's
what we try to do. Just make things that

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somebody loves. Now is the time to take
risk. U you don't have Yeah. Yeah, you

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don't you don't have you don't have

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kids, but as you as you get older, your

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obligations increase. So you the and

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once you have a family, you start taking
risk, not just for yourself, but for

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your family as well. It gets much harder

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to uh do things that might not work out.

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Um so now is the time to do that uh
before you before you have those

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obligations. So I would I would

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encourage you to take risks now. Do

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something bold. Um you won't regret it.

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If you want to do things like me,
you have to like learn how to be good at

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technology. That's like so study
engineering, physics, that kind of

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thing. Um, understand how the world

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works. Uh, and uh, and try to be as

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accurate as possible about that. Uh, and

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then like I said, also try to be
creative, which means just like try

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[music] to think of of things that haven't
been done before, but that would

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probably make the [music] world better.

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And it require I mean that's it requires
a lot of mental effort to do that. It's

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not you know I don't just like come
with stuff like willy-nilly. Um I mean

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occasionally but it's rare but you
really have to like think until

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your brain hurts. That's basically
[music] if you haven't thought until

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your brain hurts then you haven't tried
hard enough. I'd encourage people to

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read a lot of books. Just read like

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basically try to ingest as much
information as you can and try to also

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just develop a good general knowledge.

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Um, so so you at least have like a rough

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lay of the land, of the the knowledge
landscape. Um, like try to learn a

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little about about a lot of things cuz
you might not know what you're really

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interested. How would you know what
you're really interested in if you at

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least aren't like doing a peripheral

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explor exploration broadly of the
knowledge landscape and and you talk to

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people from different walks of life and
different uh industries and professions

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and skills and occupations like just try

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you know learn as much as possible. I

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think um I think certainly uh being

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focused on something that [music]
you're confident will have high value to

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someone else um and just being really

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rigorous in [music] making that

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assessment. Um because people are tend

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tend to a natural human tendency is

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wishful thinking. Um so a challenge for
entrepreneurs is to say well what's the

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difference between [music] really
believing in your ideals and sticking

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sticking to them >> versus
pursuing some unrealistic dream

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that doesn't actually have merit [music]
and it's it's that is a that is a really

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difficult thing to to tell you can you
tell the difference between those two

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things you [music] know so you need to

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be sort of very rigorous um in in your

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self self analysis there are a lot
of negative things in the world there's a

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lot of terrible things that are

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happening all over the world all the

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time. Uh there are lots of problems
that need to get solved. There's lots of

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things that are yeah that are miserable

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and kind of get you down. But that life

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cannot just be about solving one
miserable problem after another. Can't

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that can't be the only thing. They need

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to be need to be things that inspire you

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that make you glad to be to wake up in

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the morning and be part of humanity. It

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is time to go forth. Become a a

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star-fing civilization.

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Be out there among the stars. Expand the

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scope and scale of human consciousness.

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I I find that incredibly exciting.

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That makes me glad to be alive.

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I I hope you feel the same way.

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Focus on on signal over noise. Um a lot

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of companies get get confused. they they

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spend money on things that don't

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actually make the product better. So,

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for example, at at Tesla, we've we've

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never spent any money on advertising.

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Um, we we put all of the money into R&D

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and and manufacturing and design, try to

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make the car as good as possible. Um,

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[music] and uh I think that's that's

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that's the way to go. So

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for for any given company just can keep

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thinking about are these efforts
that people are are expending are they

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resulting in a better product or service

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and if they're not stop those efforts

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>> so many young people actually from

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across the globe if you have an advice

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to them young people globally who want
to be like Elon Musk what's your advice

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to them >> advice I
mean if you want to make

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progress in things [music] I think that

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the best analytical framework for

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understanding the future [music] is

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physics. Um, I'd recommend studying the

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the the thinking process around physics.

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Like not not just not not the equations.

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I mean the equations certainly they're
helpful but the the the way of thinking

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in physics is the it's the best framework
for understanding things that are

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counterintuitive.

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Um and um and you know always taking the

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position that you're some degree wrong

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and your goal is to be less wrong over
time. I one of the biggest mistakes

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people generally make and I'm guilty
of it too is wishful thinking. You know

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like you want something to be true even

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if it isn't true. Um [music] and so you

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ignore the things that uh you you ignore
the real truth because of what you want

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to be true. Um,
this is a very difficult trap to

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avoid. Um, and like I said, certainly

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one that I find myself in having

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problems with. But if you just take that

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approach of you're always to some degree

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wrong and your goal is to be less wrong.

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Try to be useful. Um, you do things that

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are useful to your fellow human beings,

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to the world. It's very hard to be

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useful. Um, very hard. you know, are are

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you contributing more than you consume?

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You know, like uh try to have a positive

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net contribution to [music] society.
I think that's the thing to aim for, you

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know, not not to try to be sort of a
leader for just for the sake of being a

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leader or whatever. Um the people you
want as leaders are the people who don't

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want to be leaders.

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So if you can live a useful life, that

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is a good life, a life worth having

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lived. I think um if somebody is doing

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something that is useful to the rest
of society, I think that's a good thing.

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Like it doesn't have to change the world.
like you know um if you're doing

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something that has high value to to
people um and and frankly even if it's

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something if it's like um just a little

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game um or you know the some improvement

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in photo sharing or something if it if
it has if it has a small amount of of

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good for a large number of people um
that's I mean I think that's that's fine

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like stuff doesn't need to be changed
[music] the world just to be good. What

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is the one thing that has
surprised you about your life?

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>> Oh, one thing. Wow. Well, I certainly
I'm surprised by the whole thing,

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honestly. [laughter] I certainly
didn't expect to be to be uh

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for any of these things to happen.

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Honestly, I knew I wanted to be involved

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in technology. Um and uh in fact, the

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only reason I started a company back
in '95, an internet company, was because I

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couldn't get a there were only a few
internet companies and I couldn't get a

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job at any of them. I tried to get a job
at at Netscape. Um, and I sent my resume

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and I and tried hanging out in the lobby,
but I was too shy to talk to

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anyone. And and then I was like, "Okay,

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well, I guess I'll have to start
a company cuz I can't get a job anywhere."

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I mean, we got to be excited about the
future. We got to do things that make us

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want to live. You know, it cannot always
be about problems every day. I mean, do

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you want to wake up every morning and
everything's just a problem? Well, what

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what inspires you and what makes you
excited about the future? There's got to

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be some things like that.
