How Elon Musk Grows SpaceX FASTER Than 100% of Businesses

Summary

• Be mission-obsessed in a way that inspires everyone in the company. The mission should not just be a slogan but integrated into daily work, guiding all decisions and efforts. For example, at SpaceX, everything they do aims to advance the goal of reaching Mars.

• Use revenue as a means to fund bigger goals. SpaceX uses Starlink’s revenue to fund efforts towards Mars, aligning business operations with their mission.

• Constantly ask if a task moves you closer to your goal. This helps cut distractions and prioritize tasks that align with the mission, ensuring everyone is working in the same direction.

• Design your mission to attract the right people and repel those who don’t fit. A bold mission can justify innovation and hard work, attracting top performers who thrive under pressure.

• Lead from the front lines. Be present and visible in the operations of your company. This means being involved directly, understanding the issues firsthand, and showing your team that you are willing to tackle challenges alongside them.

• Keep teams lean and technical. Question every hire to avoid unnecessary roles and ensure that each position adds real value by solving problems, not just completing tasks.

• Create a culture of urgency. Prioritize action over discussion. Act quickly on problems to avoid wasting time; small quick decisions often prevent bigger issues down the line.

• Ensure direct and aggressive feedback loops. Encourage questioning of processes and requirements, eliminate unnecessary parts, and focus on optimizing roles and systems only when essential.

• Tackle the hardest problems first, especially if you’re in a leadership position. Leaders should set the example by taking on the most challenging issues directly and not focusing on what is already working smoothly.

• Focus on solving problems to facilitate business growth. Instead of setting only high-level goals, emphasize breaking down and solving the barriers that prevent growth.

• Reflect on the operational strength of your company: Can it run smoothly in your absence? If not, reassess the clarity of your mission and involvement with your team to ensure alignment and autonomy.

Video

How To Take Action

I would suggest implementing these strategies in your business or personal growth journey:

1. Mission-Obsessed Mindset: Make your mission clear and actionable. Integrate it into daily tasks and use it as a compass for decision-making. For example, ensure every team member’s role directly contributes to your larger goals.

2. Resource Allocation for Goals: Treat revenue as a tool to fuel greater ambitions. Allocate funds strategically to ensure they move you toward your overarching objectives, just like SpaceX does with their Starlink revenue.

3. Task Alignment with Goals: Regularly ask, "Does this task move us closer to our goal?" If not, it’s time to refocus efforts on more mission-critical tasks, avoiding any drain on time or resources.

4. Attract and Retain the Right People: Craft a mission so compelling that it draws in those who align with your vision and repels those who don’t. This ensures your team is intrinsically motivated to push toward shared goals.

5. Frontline Leadership: Lead by active participation. Spend time with your team, understand their challenges, and work alongside them. This builds trust and encourages everyone to work harder together.

6. Lean and Effective Teams: Keep your teams small and focused. Before expanding, ask if new roles are solving a problem or merely adding unnecessary layers.

7. Culture of Urgency: Encourage a culture where actions trump discussions. Solve issues promptly rather than delaying them with meetings and excessive planning.

8. Direct Feedback: Create feedback loops to eliminate inefficiencies. Encourage questioning processes and requirements vigorously to streamline operations effectively.

9. Problem-Solving Focus: Prioritize tackling the toughest challenges. As a leader, face the most significant hurdles head-on, setting an example for the team to follow. Focus on solving barriers to growth, not just setting goals.

Implementing these steps with a focus on high value and low-cost actions will help you set a solid foundation for growth and efficiency.

Quotes by Leila Hormozi

#### "Everything we do from designing rocket engineers to shipping Starlink kits must push us closer to Mars"
  
*- Leila Hormozi*



#### "Does this task move us closer to Mars?"

*- Leila Hormozi*



#### "Nobody bleeds for the prince in the palace"

*- Leila Hormozi*



#### "Act now, not discuss eventually"

*- Leila Hormozi*



#### "If you can solve the problem in 5 minutes, you better do it right now"

*- Leila Hormozi*