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Lessons from SpaceX for Small Businesses

· 6 min read
Mark Ge
Vice President

Rocket Launch

During my formative years early in my career, I had the privilege of working at SpaceX during what can only be described as a period of explosive growth. After moving around to many organizations before and since, I can say with confidence that SpaceX is a unique company that has a lot to teach small businesses about growth, an engineering mindset, and success. Although most of us will not be launching rockets into space, there are many lessons that small businesses can learn from SpaceX's success. Here are 5 key takeaways:

  • Mission-Oriented Products
  • Iterative Development
  • Extreme Ownership
  • Selective Hiring
  • Urgency