Elon Musk on First Principles
Reasoning from first principles is ahistorical, and that is why it so rarely works in the real world. Political and social constructs inherited through time (like, say, the law) will butt heads against a "pure" new solution. You need the resources (and determination, will, etc) to overpower colossal systems we've arrived at through the progression of history.<p>If you're going to hit homeruns like Musk, I think you must "reinvent the wheel" like he does. But he has resources to fight those battles, and you -- probably -- don't. When he didn't have those significant resources, like when he started Paypal from first principles, he had an entire cultural shift as his economic lever: he was only able to compete in the online banking and credit card industry because it was an Internet wild west.<p>I'm not sure that reasoning from first principles is the right first step for someone with no assets now that the internet has legal and corporate oversight swimming through it. But what do I know :P