2min snip

Invest Like the Best with Patrick O'Shaughnessy cover image

Palmer Luckey - Inventing the Future of Defense - [Invest Like the Best, EP.350]

Invest Like the Best with Patrick O'Shaughnessy

NOTE

Priority, Persuasion, and Congressional Importance in Engineering Efforts

When taking on a project, there are four criteria that need to be met: it must be a priority for the Pentagon, something Congress cares about, something we can do well, and something others are not doing well. Without meeting these criteria, the project is unlikely to succeed. Perception is key, as both the Pentagon and Congress determine what is important based on their beliefs and priorities. Additionally, the ability to reuse existing resources and move quickly without major disruptions is crucial. Lastly, we should avoid duplicating efforts already being done successfully by other companies. By following these guidelines, we can increase our chances of success and avoid wasteful spending on unnecessary projects.

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