The Next Elon Musk?
About This Episode
Serial entrepreneur Brett Adcock discusses his transition from a software exit at Vettery to founding high-stakes hardware companies like Archer Aviation and Figure. The conversation explores his philosophy of extreme financial conviction, his method for self-teaching complex aerospace and mechanical engineering, and his vision for how AI-powered humanoid robots will address the global labor crisis.
Episode Description
Show Notes
- 0:00Intro
- 2:00How Brett self-funded Archer Aviation
- 13:00Nearly going personally bankrupt
- 19:00Street of Walls and being a self-taught finance expert
- 24:00How to choose the right idea to work on
- 28:00Why Future could be the biggest business in the world
- 32:00Addressing objections to a robot workforce
- 35:00Why hardware is actually easier than software
- 40:00How big is Figure going to be in 5 years?
Links
- Brett Adcock’s website
- Figure (AI Robotics)
- Archer Aviation
- Vettery (now Hired)
- Ikagai
- Street of Walls
- The Fast Track:
- Past guests on My First Million include Rob Dyrdek, Hasan Minhaj, Balaji Srinivasan, Jake Paul, Dr. Andrew Huberman, Gary Vee, Lance Armstrong, Sophia Amoruso, Ariel Helwani, Ramit Sethi, Stanley Druckenmiller, Peter Diamandis, Dharmesh Shah, Brian Halligan, Marc Lore, Jason Calacanis, Andrew Wilkinson, Julian Shapiro, Kat Cole, Codie Sanchez, Nader Al-Naji, Steph Smith, Trung Phan, Nick Huber, Anthony Pompliano, Ben Askren, Ramon Van Meer, Brianne Kimmel, Andrew Gazdecki, Scott Belsky, Moiz Ali, Dan Held, Elaine Zelby, Michael Saylor, Ryan Begelman, Jack Butcher, Reed Duchscher, Tai Lopez, Harley Finkelstein, Alexa von Tobel, Noah Kagan, Nick Bare, Greg Isenberg, James Altucher, Randy Hetrick and more.
- Other episodes you might enjoy:
- #224 Rob Dyrdek - How Tracking Every Second of His Life Took Rob Drydek from 0 to $405M in Exits
- #209 Gary Vaynerchuk - Why NFTS Are the Future
- #178 Balaji Srinivasan - Balaji on How to Fix the Media, Cloud Cities & Crypto
- #169 - How One Man Started 5, Billion Dollar Companies, Dan Gilbert's Empire, & Talking With Warren Buffett
- #218 - Why You Should Take a Think Week Like Bill Gates
- Dave Portnoy vs The World, Extreme Body Monitoring, The Future of Apparel Retail, "How Much is Anthony Pompliano Worth?", and More
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Key Takeaways
Master new industries from first principles by cold-calling hundreds of experts and reading every foundational technical book to build a deep knowledge base.
Hardware ventures can be less risky than software in terms of market fit because they often solve problems governed by physics and pre-existing demand rather than unpredictable consumer behavior.
Maintain extreme conviction by reinvesting personal wealth into new ventures, focusing on 'binary' outcomes where the goal is either total failure or building a $100B+ category leader.