Usefulness Formula: How Elon Musk Evaluates Ventures

Be As Useful as Possible: The Total Usefulness Formula by Elon Musk

In an interview with the founder of Y Combinator titled “How To Build The Future”, he casually breezed over his thought process about evaluating how useful your input to effect the future of humanity.  One take away from this, might be to think about your life as having the most useful effect on the world around you.

This is how he explains that he optimizes himself for being useful

“Whatever the thing is that you’re trying to create…What would be the utility delta compared to the current state of the art times how many people it would effect?”

The equation he mentioned was pondered by a long thread in Reddit and is best explained as follows:

 

X = (U – C) x P

X = Total Usefulness

U = Usefulness to 1 person

C = Comparable Items

P = Number of people effected

In other words, The total usefulness of your product, service or output is equal to the total usefulness to 1 person, minus any comparable items, times the number of people it would effect.

if you’re going to dedicate your life’s work to solving a problem, evaluating your mission with this equation might help you focus a little more.

 

Here is the complete interview video of Elon Musk by Y Combinator:

Elon Musk : How to Build the Future

 

elon musk usefulness equation

Let’s Chat

Facebook Comments
2017-07-28T12:47:32+00:00

About the Author:

A new business model is methodically disrupting every industry and it's not done yet. Opportunity abounds and you should be scrambling for footing. I'm determined to dissect it and expose the patterns. I am fascinated by this digital revolution and I'll unpack business models from platforms that show explosive growth and which industries are poised to crumble by disruption then explode withe this new business model as the smartest people in our era change the world. I'll inspect what works and present practical, actionable applications of what I learn to help people ride the tidal wave rather than get wiped out by it. Find out when, how and why exponential growth works. I'll show Case studies, comparisons and how I think it can be applied by a practical and average person. This helps me organize my thoughts and I hope it's helpful to others.

Leave A Comment