The SpaceX rocket carrying Amos 6 (intended by Facebook to bring internet access to Africa) exploded yesterday.
What to do the next day if you’re Elon Musk, SpaceX’s CEO?
1. Quickly jot down 3 things you’re grateful for and 10 you’re proud of. (It’s going to be a long day).
2. Remember you’ve planned for this. SpaceX planned for failures from the beginning. Their financing is predicated on a ratio of failures to successes. And you’ve signed $4.2B in future contracts.
3. Stay flexible. After incidents there is always pressure to add more controls, programs, etc. More may help but also hinders creativity and flexibility. More adds weight and increases the cost of change.
4. Critical mass magnifies failures (and successes). You’ve always failed. And succeeded. And now you’re big (CEO and/or chairman of four companies). Keep perspective.
Review your 3/10 list. Changing the world isn’t one success after another.