When Henry Ford made cheap, reliable cars, people said, ‘Nah, what’s wrong with a horse?’ That was a huge bet he made, and it worked.
It’s OK to have your eggs in one basket as long as you control what happens to that basket.
I’ve actually not read any books on time management.
A company is a group organized to create a product or service, and it is only as good as its people and how excited they are about creating. I do want to recognize a ton of super-talented people. I just happen to be the face of the companies.
What makes innovative thinking happen?… I think it’s really a mindset. You have to decide.
When something is important enough, you do it even if the odds are not in your favor.
I think it is possible for ordinary people to choose to be extraordinary
Brand is just a perception, and perception will match reality over time. Sometimes it will be ahead, other times it will be behind. But brand is simply a collective impression some have about a product.
My proceeds from the PayPal acquisition were $180 million. I put $100 million in SpaceX, $70m in Tesla, and $10m in Solar City. I had to borrow money for rent.
If something is important enough, you do it even if the odds are not in your favor
You should take the approach that you’re wrong. Your goal is to be less wrong.
Patience is virtue, and I’m learning patience. It’s a tough lesson.
I’m a Silicon Valley guy. I just think people from Silicon Valley can do anything.
There’s a tremendous bias against taking risks. Everyone is trying to optimize their *ss-covering.
I would just question things… It would infuriate my parents… That I wouldn’t just believe them when they said something ’cause I’d ask them why. And then I’d consider whether that response made sense given everything else I knew.
You get paid in direct proportion to the difficulty of problems you solve.
If you had to buy a new plane every time you flew somewhere, it would be incredibly expensive.
Trying to build a company is like baking a cake, you have to have all the ingredients in the right proportion.