E09: Understanding First Principles  Many of the most successful entrepreneurs and investors in often reference first principles thinking as having been critical to their success. A first principle is a foundational, basic assumption. One that cannot be deduced or broken down any further. In simple terms first principles are foundational truths don’t require any additional assumptions. Elon Musk Explaining First Principles: https://www.youtube.com/watch?v=NV3sBlRgzTI James Clear on First Principles: https://jamesclear.com/first-principles Follow Dean: https://twitter.com/deansweetman (https://twitter.com/deansweetman) Follow Michael: https://twitter.com/michaelwhittle (https://twitter.com/michaelwhittle) Follow us on https://my.captivate.fm/Instagram (Instagram), https://twitter.com/KingsPriestsPod (Twitter) & https://www.youtube.com/channel/UCvZvmgB35iOFoX2bncPdqmw (YouTube) and feel free to shoot us an email at mw@vast.faith with any feedback, recommendations, questions or ideas for future topics of conversation.