In a competitive market, it is important to challenge conventional wisdom to broaden our horizons.
Reasoning from first principles does just that by asking "why?" By questioning EVERYTHING, it is possible to remove assumptions in order to deal with a problem in its most fundamental form.
This approach has been central to Space X's Elon Musk's method of problem-solving, and has helped him to achieve the "impossible".
Find out how in this explainer video from iluli by Mike Lamb – explaining the ideas and innovations changing our lives.
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*Sources and Further Reading:*
• _Elon Musk: The Man Behind Tesla, SpaceX and SolarCity:_ https://www.ted.com/talks/elon_musk_the_mind_behind_tesla_spacex_solarcity/transcript?language=en
• _Critique of Pure Reason_ by Immanuel Kant
• _Kant’s Moral Philosophy_ by Johnson, Robert and Adam Cureton: https://plato.stanford.edu/archives/spr2021/entries/kant-moral/
• _Elon Musk Uses This Ancient Critical-Thinking Strategy To Outsmart Everybody Else:_ https://www.businessinsider.com/elon-musk-first-principles-2015-1?r=US&IR=T
• _First Principles: What America's Founders Learned from the Greeks and Romans and How That Shaped Our Country_ by Thomas E Ricks
• _Why Elon Musk Wants His Employees to Use a Strategy Called First Principles:_ https://www.cnbc.com/2018/04/18/why-elon-musk-wants-his-employees-to-use-a-strategy-called-first-principles.html
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0:00 Introduction
0:48 Reasoning from first principles
1:38 SpaceX example
3:17 Conclusion