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First principles thinking starts with questioning your beliefs. Asking these questions will help you drill down to the foundational truths of a problem and ultimately build up to a more imaginative solution.
Here’s a breakdown of what it is and how it works:
The aim: to ground yourself in the foundational truths and build up from there.
It’s quick and easy to do.
But it also leads to unimaginative, linear solutions that closely resemble what has been done before.
To be sure, it can be very useful when speed is the priority.
But it falls short when dealing with complex problems requiring creative, imaginative solutions.
It was not only financially untenable, it was also grounded in assumptions of how rockets have always been built and what they should cost.
So he turned to first principles.
What’s a rocket made of?
Aerospace-grade aluminum alloys, titanium, copper, and carbon fiber.
What’s the value of those materials on the open market?
Just ~2% of the typical rocket price!
So he decided SpaceX would build its own rocket.
First, determine if it’s necessary for your given problem, or if reasoning by analogy is a better fit.
As a rule of thumb:
• For speed/efficiency—analogy
• For creativity/innovation—first principles
We often waste time and energy trying to solve the “wrong” problem. Identify the “right” problem.
What do I know to be true about this problem?
Write down everything you know about the problem (and its previously attempted solutions).
Identify the source of your beliefs. Be ruthless in evaluating their integrity.
How can I support these beliefs? Is there real evidence to support them?
Seek out hard evidence that proves their truth.
When emotions drive our thoughts and decisions, we rarely see good outcomes.
What alternative beliefs might exist?
Understanding alternative viewpoints is a superpower.
What are the consequences of being wrong?
Always know the stakes!
Asking these questions will help you drill down to the foundational truths of a problem and ultimately build up to a more imaginative solution.
These predictably lead to linear outcomes.
Leveraging first principles thinking is intense and time consuming—but it is also a pathway to devising creative solutions that drive non-linear, asymmetric outcomes.