903 Build From the Ground Up

The School of Greatness

Lewis Howes

Mindset, Relationships, Entrepreneurship, Mental Health, Education, Greatness, Fitness, Celebrity, Health, Inspiration, Success, Health & Fitness, Self-improvement, Business, Money, Self Care, Celebrity Interview

4.8 • 22K Ratings

🗓️ 17 January 2020

⏱️ 6 minutes

🔗️ Recording | iTunes | RSS

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Summary

Entrepreneurs need vision. If you could interview 200 of the top entrepreneurs in the country, do you think you’d find some similarities? Amy Wilkinson guessed that she would. And she did. Over 5 years of research later, she wrote a book that examines the top 6 traits that very successful entrepreneurs share. Amy is a brilliant woman who has worked at the White House and co-founded a company in Silicon Valley (as well as taught at Ivy League universities). In our conversation, we discuss these top traits and Amy gives awesome (real life) examples to illustrate each one. I took a clip from the original episode when Amy was on the show in which she shares examples of how to bridge the gap between your competition and build your vision from the ground up on 5 Minute Friday in Episode 903. If you enjoyed this episode, show notes and more at http://www.lewishowes.com/903 and follow at instagram.com/lewishowes

Transcript

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0:00.0	This is 5 Minute Friday!
0:05.6	We've got Amy Wilkinson on who is a Strategic Advisor Entrepreneur Lecturer at the Stanford
0:14.1	Graduate School of Business and Global Fellow at the Wilson Center.
0:18.3	She frequently addresses corporate, associate, and university audiences on entrepreneurial
0:23.9	leadership.
0:25.2	She also advises startups and large corporations on innovation and business strategy.
0:31.3	Elon Musk, the founder of Tesla Motors and SpaceX and PayPal and Solar City and a bunch
0:40.2	of companies, he basically builds from the ground up.
0:44.1	So just as an architect would build a building from the ground up, entrepreneurs like this,
0:48.7	they look for open spaces, they look for unaddressed needs, they look for friction points
0:53.8	or things, irritations, right?
0:56.6	And then they build piece by piece.
0:59.5	It's reasoning by first principles and that's a very physics way to approach things.
1:03.5	Elon is a physicist by training and he, for example, with SpaceX decided he could just
1:08.5	build a rocket a different way and he started doing that in Hawthorne, California and they
1:13.7	are now resupplying the International Space Station at one tenth of the cost that NASA
1:17.6	did.
1:18.6	Wow.
1:19.6	It's extraordinary.
1:20.6	So he has built it a different way.
1:22.1	And that's an example of an architect.
1:23.5	You can see things and then just reason by first principles.
	...

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