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<v Speaker 1>Heyto five the fifty five karase De Talk Station. Happy Friday, Eve,

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<v Speaker 1>Great time to be tuned into the fifty five Parassee

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<v Speaker 1>Morning Show, which would argue it always is. But I

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<v Speaker 1>am pleased to welcome to the fifty five Fatasey Morning Show.

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<v Speaker 1>Someone the many of my listeners probably already know Dennis Neil,

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<v Speaker 1>Award winning journalist, media strategist, advisor to senior executives. A

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<v Speaker 1>lot of my listeners maybe listened to his What's Bugging Me? Podcast.

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<v Speaker 1>He was formerly the anchor at CNBC and Fox Business Network.

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<v Speaker 1>After serving as man My Favorite Newspaper, senior editor at

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<v Speaker 1>The Wall Street Journal, as well as managing editor of Forbes.

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<v Speaker 1>He helped write The Wealth Management of Wall Street Insider

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<v Speaker 1>on the Dirty Secrets of Financial Advisors and How to

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<v Speaker 1>Protect Your Portfolio. Author of the book we're going to

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<v Speaker 1>be talking about today, the leadership genius of Elon Musk.

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<v Speaker 1>Welcome to the Morning Show, Dennis Neil. It is a

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<v Speaker 1>distinct pleasure to have you on my program.

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<v Speaker 2>Same here, Brian, and thanks so much for that very loquacious.

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<v Speaker 3>Kind intro.

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<v Speaker 1>You're well deserving of it. You do great work and

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<v Speaker 1>you have been for a long time and a little

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<v Speaker 1>jealousy on my part because I dearly love the Wall

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<v Speaker 1>Street Journal, and I'm so glad it's one of the

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<v Speaker 1>few papers that's still in business and speaking about business,

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<v Speaker 1>Elon Musk, the wealthiest guy on the planet and immune

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<v Speaker 1>from the class warfare arguments. He's a minimalist. He doesn't

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<v Speaker 1>own all kinds of stuff and things. I mean, you

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<v Speaker 1>see these billionaires and there are five hundred million dollar

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<v Speaker 1>yachts floating around the world, and you're thinking like, wow,

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<v Speaker 1>uh okay, but that's not Elon Musk. He almost he

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<v Speaker 1>like thrives on minimalism and that's part of his business

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<v Speaker 1>strategy and what made him so successful.

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<v Speaker 2>Am I right, Yeah, You're totally right. That's a very

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<v Speaker 2>good ie on your part. You know, my book offers

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<v Speaker 2>eleven lessons of Elon that fuel his success and that

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<v Speaker 2>maybe we could use.

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<v Speaker 3>To build a better life.

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<v Speaker 2>And lesson number two is reduce, reduce, reduce.

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<v Speaker 3>And that's what he's doing a doge.

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<v Speaker 2>That's what he did at Twitter, cutting eighty percent of

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<v Speaker 2>staff in about two weeks. That's what he does in

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<v Speaker 2>the Tesla car where he tells engineers to take out

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<v Speaker 2>so many parts, reducing it that it can't run.

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<v Speaker 3>They got to put something back in.

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<v Speaker 2>So the Tesla has about ten thousand parts in the

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<v Speaker 2>ford has I think it's thirty or forty thousand parts

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<v Speaker 2>in a ford and so that runs across. He sold

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<v Speaker 2>all his homes, six homes, for like one hundred and

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<v Speaker 2>twenty million dollars.

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<v Speaker 3>And he believes in mind with lifestyle.

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<v Speaker 2>At the same time, once that guy moved into mar

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<v Speaker 2>A Lago for a few weeks with Trump, I imagine

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<v Speaker 2>Trump was wondering, is he ever going to leave? He

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<v Speaker 2>does stay in the lap of luxury with friends.

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<v Speaker 1>Well, with friends, they've invited him into their multimillion arm

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<v Speaker 1>dollar homes, not his. He lives in a tiny house,

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<v Speaker 1>doesn't he is?

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<v Speaker 3>Does he owner?

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<v Speaker 2>It's this forty thousand dollars foldable house that he rents

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<v Speaker 2>that SpaceX bought from this company that specializes in it,

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<v Speaker 2>and it's a you know, it's just a tiny little thing.

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<v Speaker 2>And when he's in town for SpaceX launches and stuff,

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<v Speaker 2>he'll stay there.

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<v Speaker 1>Well, and as you you point out in the book,

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<v Speaker 1>he adheres to this eighty twenty rule. The perception is

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<v Speaker 1>that eighty percent of the work done by twenty percent

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<v Speaker 1>of the staff, which he proved when he acquired X

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<v Speaker 1>and in his motivation for acquiring it, I don't think

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<v Speaker 1>was to make himself any better or anything, but it

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<v Speaker 1>was in the name of freedom of speech, which he

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<v Speaker 1>holds dearly. But getting rid of that.

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<v Speaker 2>Was the most amazing thing, Brian, because this guy's an

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<v Speaker 2>adopted American.

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<v Speaker 3>Right.

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<v Speaker 2>You know that a third of America, Americans, they believe

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<v Speaker 2>that hate speech is so bad that it's more important

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<v Speaker 2>to prevent hate speech and stop it than it is

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<v Speaker 2>to have free speech. And another third of Americans not sure.

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<v Speaker 2>That's terrible. But Elon Musk because he is an adopted American,

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<v Speaker 2>he has the zeal of the convert right, and he

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<v Speaker 2>loves the First Amendment and lesson six in my book,

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<v Speaker 2>it's one lesson per chapter. Is free speech is everything

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<v Speaker 2>stand up and be heard.

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<v Speaker 3>Not enough of.

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<v Speaker 2>Us stood up and pushed back when the nation was

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<v Speaker 2>tilted toward craziness for the last four years or even

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<v Speaker 2>longer if you want to trace back to Obama in

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<v Speaker 2>the eight years there and free speech, and he really

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<v Speaker 2>believes in it, and it's cost him dearly. You know,

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<v Speaker 2>no other entrepreneur Brian puts billions of dollars of his

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<v Speaker 2>own money into a new venture. That's that's for other

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<v Speaker 2>people to do that you use other people's money. But

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<v Speaker 2>he took I think it was twenty five billion of

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<v Speaker 2>the forty four billion he paid for Twitter came out

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<v Speaker 2>of his own pocket. And it was down sixty percent

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<v Speaker 2>after a year, and all the media said.

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<v Speaker 3>He's destroying it. And today don't you think it's.

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<v Speaker 2>One of the most important media platforms in the world.

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<v Speaker 3>It is.

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<v Speaker 1>And we just had a terrible illustration of the of

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<v Speaker 1>why you I mean, we need to protect free speech,

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<v Speaker 1>and all speech is protected in the United States, including

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<v Speaker 1>idiot Nazis on a bridge and even Deeugh here locally,

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<v Speaker 1>and you know, you got to defend the rights of

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<v Speaker 1>individuals to peaceably congregate as well as spread their message.

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<v Speaker 1>But the great thing about that is when you have

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<v Speaker 1>free speech and people espouse craziness, you can call them

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<v Speaker 1>out on it. And the left, in their right their

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<v Speaker 1>constant narrative that they're right and all of these woke

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<v Speaker 1>ideological rules are right. And that's the the only thing

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<v Speaker 1>that can be projected prevents alternative thought from being interjected

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<v Speaker 1>into the exchange. So logic and reason can rule today,

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<v Speaker 1>So you got to put up with stupid messages. But

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<v Speaker 1>that's where you find out where the stupid people.

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<v Speaker 2>Are exactly, And instead of trying to limit and muzzle

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<v Speaker 2>bad speech, simply drown it out with more of your own,

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<v Speaker 2>really really.

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<v Speaker 3>Good speech, you know.

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<v Speaker 2>I mean, it's just awful that our politicians on both

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<v Speaker 2>sides of the parties. You know, there's the Twitter files.

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<v Speaker 2>I was a journalist with more than thirty years and

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<v Speaker 2>the biggest scandal I've ever seen in my life. Yeah,

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<v Speaker 2>and the Twitter files, And I wonder, where the hell

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<v Speaker 2>is the media?

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<v Speaker 3>Why aren't they more upset about this?

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<v Speaker 2>I did more columns on the Twitter files and the

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<v Speaker 2>scandal of government suppression of the First Amendment rights of

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<v Speaker 2>thousands and millions of people. I did more stories than

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<v Speaker 2>the New York Times in Washington Posts combined. And then

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<v Speaker 2>you see what they're doing with dough and you see

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<v Speaker 2>millions of dollars in payments to journalistic outfit.

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<v Speaker 3>I think they said there's something like six.

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<v Speaker 2>Thousand journalists getting some kind of money from USAID. And

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<v Speaker 2>you suddenly wonder where you bought off? Is that why

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<v Speaker 2>you said nothing didn't care? No, they didn't care because

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<v Speaker 2>it was conservative speech. But the Trump administration Brian, they

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<v Speaker 2>requested during their reign the fifty five hundred accounts be silenced.

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<v Speaker 2>So Republicans and Democrats alike will stifle speech if we

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<v Speaker 2>let them, if they let them.

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<v Speaker 3>Elon Musk has just blown a huge hole in that

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<v Speaker 3>effort to stifle speech.

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<v Speaker 1>Dennis Near, the author the leadership genius of Elon Musk,

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<v Speaker 1>I think, if I could read the concept of this

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<v Speaker 1>book correctly, you wrote it not just for everybody, but

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<v Speaker 1>it seems that you wrote it for entrepreneurs, business people,

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<v Speaker 1>folks that are trying to improve the function of their

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<v Speaker 1>own business and bring about some greater success for themselves.

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<v Speaker 2>Bingo, absolutely, because I really think even though he operates

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<v Speaker 2>at a huge scale, there are lessons you can learn.

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<v Speaker 2>You know, always better on yourself and double down. He

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<v Speaker 2>kept doing that again and again and again. It's better

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<v Speaker 2>to launch and burn, yeah, than it is never to

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<v Speaker 2>launch at all. Five one failure, yeah. So there's a

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<v Speaker 2>lot of advice there for anybody trying to build a

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<v Speaker 2>better career or build a company.

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<v Speaker 1>Well, and I'm glad you brought up it's better to

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<v Speaker 1>launch than burn and burn than never to launch at all,

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<v Speaker 1>because I was going to ask you about that Elon Musk.

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<v Speaker 1>You know, the rockets always didn't always fly, you know,

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<v Speaker 1>sometimes you send one up and it crashes and burns

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<v Speaker 1>to the ground. Now, some might take experience Shodenfreuda because

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<v Speaker 1>they don't like Elon Musk for some reason. But he

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<v Speaker 1>always seemed to take it and stride. He would chuckle

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<v Speaker 1>about it and use that as a learning opportunity.

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<v Speaker 3>Exactly.

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<v Speaker 2>You know, you have you know, I had that devastating

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<v Speaker 2>I was fired from Fox Business Network and fifteen minutes notice, security.

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<v Speaker 3>Guard escorted me out out of the office. You'll pick

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<v Speaker 3>up we'll ship your stuff to you. I mean, it

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<v Speaker 3>was devastating.

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<v Speaker 2>It was as if I'd slept with the president's wife

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<v Speaker 2>or something at the network. And how do you even

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<v Speaker 2>recover from that? You know, it's kind of tough. And

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<v Speaker 2>I forgot where I was going with that, Brian, in.

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<v Speaker 3>Terms of the outcome that came out of that. Actually

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<v Speaker 3>I forgot that point. Well go ahead, you didn't stop.

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<v Speaker 1>You had a bump in the road, you know, And

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<v Speaker 1>I tell you, in my life, the worst things that

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<v Speaker 1>happened to me have turned out to be the most

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<v Speaker 1>beneficial things.

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<v Speaker 3>You're like, you know.

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<v Speaker 1>I dated this girl in college and I thought I

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<v Speaker 1>was in love with her. It didn't work out, and

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<v Speaker 1>law and behold, I ended up meeting my now there

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<v Speaker 1>will be thirty three years in June wife in law school,

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<v Speaker 1>and I was like, man, I look back, and I think,

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<v Speaker 1>how miserable would I be as a human being had

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<v Speaker 1>that quote relationships quote unquote worked out.

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<v Speaker 2>We have to learn that even in the most horrible

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<v Speaker 2>things that happened to us in our lives, good things

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<v Speaker 2>can come out of them.

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<v Speaker 3>When I got escorted.

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<v Speaker 2>Out of that building, I met a few days later

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<v Speaker 2>with a CEO and I told him, the thing is,

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<v Speaker 2>I feel awful because I feel like I failed. And

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<v Speaker 2>he said to me, you haven't failed, you learned. And

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<v Speaker 2>that's exactly how Elon looks at every failure.

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<v Speaker 3>You know, the space that's took, you know, a couple

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<v Speaker 3>dozen explosions.

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<v Speaker 2>Covered heavily in the press, laughing at him, making fun

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<v Speaker 2>of them, and every time they gained thousands of new

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<v Speaker 2>insights and made hundreds of changes to the next iteration.

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<v Speaker 2>Just fix it on a fly, keep going, keep going,

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<v Speaker 2>and just I love that about him. Yes, the guy

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<v Speaker 2>could have left after his first twenty five million dollar score,

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<v Speaker 2>and he just kept going.

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<v Speaker 1>He kept going, and now that's the last best hope

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<v Speaker 1>for those stranded astronauts. Apparently we need to rely on

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<v Speaker 1>Elon Musk to get him back because apparently Boeing's not

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<v Speaker 1>capable of doing it. Now, I want you to dive

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<v Speaker 1>on into this because some people may not know this

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<v Speaker 1>about Elon Musk, but his philosophy of life drives a

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<v Speaker 1>lot of his decision making. And so let's talk about this.

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<v Speaker 1>All may be fake, so just go for it.

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<v Speaker 3>Yes, I love this part.

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<v Speaker 2>And the publisher, the wonderful Harper Collins Broadside Books, kind

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<v Speaker 2>of warned me, you know, you may not want to

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<v Speaker 2>lead with.

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<v Speaker 3>That because it's so weird.

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<v Speaker 2>But Elon truly believes I think he truly believes this.

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<v Speaker 2>That the odds are billions to one in favor of

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<v Speaker 2>the idea that right now, even as we speak, we

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<v Speaker 2>are living inside one or more massive computer simulations operated

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<v Speaker 2>by someone else, somewhere else.

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<v Speaker 3>Maybe in another time.

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<v Speaker 2>And at the more I started to look into this,

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<v Speaker 2>the more I came to things that it's actually quite plausible. Yes,

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<v Speaker 2>exactly like the matrix. I mean, if we look at

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<v Speaker 2>how pong and this is the explanation.

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<v Speaker 3>Elon uses me, look.

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<v Speaker 2>At pong, two little paddles and a ball and a

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<v Speaker 2>black screen against it. I played against and that was

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<v Speaker 2>only fifty years ago. And you look at where we

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<v Speaker 2>are now, where you're down in the three d Mays,

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<v Speaker 2>and it looks so super realistic. The thought that ten

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<v Speaker 2>thousand years from now you could have a simulation so

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<v Speaker 2>good you don't even know it. That's entirely believable. But

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<v Speaker 2>then you think that the Earth is almost four billion

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<v Speaker 2>years old. That means you have something like four hundred

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<v Speaker 2>thousand different sets of ten thousand years. Well, really, in

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<v Speaker 2>four hundred thousand different chances of ten thousand years, we've

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<v Speaker 2>never made it to that advanced thing.

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<v Speaker 3>It's only in the next ten thousand years that we'll

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<v Speaker 3>get there. I don't know.

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<v Speaker 2>Maybe it is a little simulated, but then what it

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<v Speaker 2>does for us is if you think it might be plausible, well.

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<v Speaker 3>Then you live louder, you love out loud, You.

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<v Speaker 2>Take that job that you're too afraid to take because

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<v Speaker 2>there's too much risk there. You say that thing in

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<v Speaker 2>a meeting because you're feeling like everyone's going in the

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<v Speaker 2>wrong direction, because you no longer are going to stay

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<v Speaker 2>clients because what the heck, it all may be a

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<v Speaker 2>game anyway.

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<v Speaker 1>Yeah, that's a real wild way of looking at it,

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<v Speaker 1>you know. And it's one of my favorite quotes. And

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<v Speaker 1>it's interesting because I just put it up the other

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<v Speaker 1>day because one of my friends had said, what's your

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<v Speaker 1>favorite quote? I said, twenty years from now, you'll be

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<v Speaker 1>more disappointed by the things you didn't do than by

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<v Speaker 1>the ones you did. So throw off the bow line,

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<v Speaker 1>sail away from the safe harbor, catch the trade winds

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<v Speaker 1>in your sales, explore, dream discover from the famous Mark Twain.

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<v Speaker 1>And I've kind of tried to live by that philosophy

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<v Speaker 1>of my wife, and it sounds to me like Elon

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<v Speaker 1>Musks as well, and I have before we part company.

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<v Speaker 1>That fascinating conversation and just a fascinating man he is.

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<v Speaker 1>And I appreciate you writing this book as a you know,

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<v Speaker 1>sort of a guideline for folks in business, most notably,

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<v Speaker 1>but going back to Starlink and how massive the growth is.

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<v Speaker 1>And I think that desire to build this independent satellite

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<v Speaker 1>network also springs from his embracing freedom and liberty. You know,

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<v Speaker 1>Verizon or the government might flip the switch and shut

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<v Speaker 1>your cell phone off. But there's Elon Musk with a backup,

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<v Speaker 1>sure enough.

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<v Speaker 3>And you know, I think he sees a synergy.

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<v Speaker 2>Among these businesses that the rest of us don't see,

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<v Speaker 2>you know, the Startlink satellite network. Brian guides the Tesla

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<v Speaker 2>cars right, and then his EXAI engine ends up ingesting

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<v Speaker 2>all of the data from Tesla cars. It's able to

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<v Speaker 2>ingest the six thousand tweets put up every second on

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<v Speaker 2>the X platform and get smarter and smarter and smarter.

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<v Speaker 2>He's got the Olympus robot inside Tesla where one day

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<v Speaker 2>you might be able to take an arm from the

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<v Speaker 2>Olympus robot, attach it to an antitee and with the

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<v Speaker 2>brain chip company's got neuralink, you know, the antute could

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<v Speaker 2>operate the arm just by thinking about it. And you

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<v Speaker 2>know we think that oh he wants to chip for QUADRUPLEG. No, No,

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<v Speaker 2>he thinks in twenty years, thirty years, millions of us

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<v Speaker 2>well walking around with these chips in our heads to

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<v Speaker 2>talk faster to AI. So it all fits together, and

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<v Speaker 2>it's just an incredible vision that really he has no

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<v Speaker 2>right to have it all.

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<v Speaker 3>It's just absolutely crazy.

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<v Speaker 2>And yet if you were playing a video game, you'd say, well,

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<v Speaker 2>what the heck, why not?

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<v Speaker 1>Yeah, all that frightens the hell out of me. Though,

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<v Speaker 1>I got to be honest with you, Dennis, I.

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<v Speaker 2>Like be sad if it were a game, you know,

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<v Speaker 2>I feel like this is life, this is real.

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<v Speaker 3>Tomorrow we'll right here, you know. Yeah.

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<v Speaker 1>I couldn't agree more on that component, but just the

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<v Speaker 1>idea that all that data is being gathered up, and

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<v Speaker 1>I'm a privacy fan. I hate the hoovering up of data.

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<v Speaker 1>That's why I recommend my listeners data hell away from

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<v Speaker 1>TikTok because that just benefits the Chinese Communist Party and

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<v Speaker 1>they're hoovering up of data. But at least knowing who

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<v Speaker 1>Elon Musk is and this doesn't offer me is much comfort.

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<v Speaker 1>But he seems to be wanting that data to advance

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<v Speaker 1>and help us, as opposed to use against us, which

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<v Speaker 1>is the antithesis of what tiktoks huge difference. And now

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<v Speaker 1>he's being demonized like crazy by the media, by the Democrats,

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<v Speaker 1>by Rhino Republicans, and suddenly he's publican Enemy number one,

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<v Speaker 1>even more so than Trump, and they're just trying to

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<v Speaker 1>take him down. What are they so afraid of why

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<v Speaker 1>don't we all step back and just take a gander

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<v Speaker 1>and watch what this guy does. I mean, you know,

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<v Speaker 1>if it is a simulation, you don't make a simulation

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<v Speaker 1>for boring outcomes, right.

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<v Speaker 3>Elon has another lesson Lesson eleven.

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<v Speaker 2>My book is is you know, the most the most

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<v Speaker 2>likely outcome in life is the most entertaining, one of

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<v Speaker 2>the most ironic and opposite of what you expected.

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<v Speaker 3>And look how entertaining life is. Ventilately, Oh my goodness,

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<v Speaker 3>this it has.

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<v Speaker 1>We live in interesting times and he makes them far

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<v Speaker 1>more interesting. And he's the best troll on the Internet

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<v Speaker 1>when it comes to cowing out his foes at Dennis

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<v Speaker 1>Neil a real pleasure having on the Morning Share. Thank

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<v Speaker 1>you for spending time by listeners to me this morning.

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<v Speaker 1>Your book is now available on my blog page fifty

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<v Speaker 1>five krsey dot com the leadership genius of Elon Musk.

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<v Speaker 1>If you're a business person, get a copy, but everyone's

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<v Speaker 1>welcome to read it and learn by it. Thank you

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<v Speaker 1>for putting it on pay for Dennis, It's been a

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<v Speaker 1>real pleasure.