First Principles is a perspective for innovation used by Elon Musk. It is the process of “boiling something down to fundamental truths and then reasoning up from there”. It is contrasted with analogies, which are only slight iterations on something that has already been done (i.e. foursquare for hikers).
I have a goal, on the scale of decades, to create an incubator for start-ups that are trying to have the greatest positive impact. This is a first attempt at the First Principles for this goal:
1) Founder mentorship
2) connecting relevant processes and ideas to resources