My First Million

I dropped out of high school…Now I’m building a $1T dollar company

980 snips
May 7, 2025
Blake Scholl, Founder and CEO of Boom Supersonic, transformed from a high school dropout to a pioneer in aerospace, aiming to revolutionize air travel with supersonic jets. He shares insights on navigating unseen challenges in business while addressing the misconceptions surrounding supersonic flight. Blake emphasizes the importance of resilience and first principles thinking in startup success. He also reflects on fundraising hurdles, the power of mentorship, and the character-building journey of entrepreneurship, offering a captivating glimpse into his ambitions and innovations.
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Bystander Effect in Innovation

  • Great problems often hide in plain sight due to the bystander effect.
  • Compelling ideas get ignored because everyone assumes others are already solving them.
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Apply First Principles Thinking

  • Use first principles thinking by understanding causality, not just pattern matching.
  • Question conventional wisdom to enable breakthrough innovation and new solutions.
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Interrogate With Data

  • To undress faulty logic, ask detailed questions and seek data to verify claims.
  • This approach forces teams to substantiate answers and avoid making unsupported assumptions.
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