Top 5 Secrets Elon Musk's to Business Success

Top 5 secrets Elon Musk's to business success

So, what's the secret to its success? A few years ago, and I have discussed this with him for about an hour. In celebration of the new era and you have decided to dust off the interview, and you want to share. Here are Elon Musk's statements about the success of the enterprise.

 

1. It isn't about the money

This is by no means the most important thing in a relationship is to Elon Musk for business.

When I spoke to him at the end of 2014, he said that he didn't know what realm he was in. 

"It doesn't look like there's a lot of money to be everywhere," he said. "I am only a certain number of votes in Tesla, SpaceX, and SolarCity, and are in the market for the issues and vote."

He has no objection to the pursuit of wealth, as long as it is done in a number of the ethical and proper ways", but he said that it's just not what drives him. 

This approach works well. 

 

 

 

The real inspiration for Robert Downey, Jr.'s s portrait of Tony Stark, the sun, Iron Man, is perhaps worth $ 10 billion, as we have said, in the year 2014. 

The electric car company, Tesla, and did it very well. In the past year, the stock has grown in value by more than $ 700 billion. To do this, you can buy a Ford, General Motors, BMW, Volkswagen, and Fiat-Chrysler, and still have enough to buy a Ferrari.

But Musk, who will be 50 this year, but don't expect that to die rich. He told me that he thought that most of the money would be spent on constructing a base on Mars and wouldn't be surprised if it's a project that consumes the whole of his fortune in the process. 

Indeed, Bill Gates, and he would have most likely have seen the end of his life, with billions in the bank, as a sign of defeat because he's not used to that money.

2. Pursue your passions

This is based on the Mars is the key to what Elon Musk believes is the key to your success. 

"Do you want to be better," he told me. Would you like to have new and interesting things? That's life." 

 

 

Please SpaceX. He told me that he and his company weres disappointed that the AMERICAN space program was more ambitious. 

"I expect that we would come out of the Earth, and a man on Mars, we would have set up a base on the moon, and we're, you know, flying in orbit around very often," he said. 

If it hadn't happened, he came up with the idea of a "Mars Oasis" Mission to get a little cash to the red planet. The idea was to make going to school to be back in the area, and to persuade the government of the united states to increase Nasa's budget. 

It was during this period of time, and when he tried to get off the ground, he realized that the problem was not a lack of will but a lack of control of space, the technology was a lot more expensive than it needed to be. 

That's all! The world's cheapest rocket launch, the company was born.

 

 

And that is important, its origin and is not connected with making money, but you were landing a human being on the Planet. 

Musk also told me that he thinks that he is more of an engineer than an investor, and he says that he will be excited about solving the technical problem in the mornings. 

It is this and not that of the us dollar in the bank, which is the measure of the progress that is made. He has to know that every obstacle is that the activity is victorious will help anyone who is trying to solve the same problem, and he is doing it. 

That is why, just before the meeting, the company announces that it will open up all of Tesla's patents to speed up the development of electric vehicles all over the world. 

How Elon Musk's Plans for the regeneration of Battery Technology 
Elon Musk's Vision for Autonomous Vehicles

 

 

3. Don't be afraid to think big

One of the really great things about Elon Musk's how awesome they are. 

All he wants is a revolution in the automobile industry of Mars colonization, and the construction of high-speed trains in empty tunnels, incorporating AI into the human brain, and it is a revolution in the field of solar energy and battery industries. 

Here it is, in the terms, nothing. All of his projects include the futuristic fantasies found in a children's magazine in the early 1980s. 

Let's say you are a tunnel; the business is called "the Boring Company." 

Musk makes no secret that he had been inspired by the books and the movies, which he read as a CHILD in South Africa.

And that brings us to the Musk, and the third tip is: don't hold back. 

He is of the opinion that the low level of ambition shown in the impulses of the majority of businesses. 

To a lot of the companies are the "incrementalists," he said. "If you were the CEO of a large company, and you're aiming for something that's a modest improvement, and it's taking longer than expected, and it's not working properly, then no one will blame you for that," he told me. It is true to say that it wasn't my fault, but it is the vendors. 

 

 

When it comes to courage and to make a real breakthrough for the improvement, however, it does not work; you'll be fired," he said. According to him, this is why most companies are focusing on the small changes and improvements to existing products and the fact that she has decided to introduce a completely new one. 

So the advice is to make sure that you're working on something called " things that make all the difference.",

In his personal hierarchy of important things, two things stand out. 

First, it wants to accelerate the transition to fossil fuels. 

Here's what the entrepreneur had to say about it: "We get in deep gas fields and deep oil fields that haven't seen the light of day since the Cambrian period. The last time it saw the light, even heavier bodies were mushrooms, you have to ask yourself if this is reasonable." 

On the other hand, he wants to ensure the long-term survival of the human race, colonize Mars, and "make life multi-planetary." 

I answer: "imagine, it's not being prepared.

 

 

4. Be ready to take risks

Of course, it is. 

To succeed in this game, you need to be a skin, but Elon Musk is taking a risk with more and more people. 

In 2002, it sold its shares in its first two institutions-an online city guide called Zip2, and an online payment service called PayPal. He was only in his mid-thirties, and the bank had about $ 200 in ruins. 

He said he would bet half of his fortune on it and keep the other half for himself. 

It didn't come like this at all. It was the first time I met him; he hadn't come out yet, the darkest period of his work. 

A new job facing all sorts of teething problems. SpaceX's first three launches failed, and so did its various problems, in the manufacturing process and in the supply chain, as well as design issues.

Since the beginning of the economic crisis. 

 

 

Musk said he faces a difficult choice. "I could either save money, then the company will definitely die, or invest in what I left behind, and maybe there's away." 

He wants to invest the money. 

At one point he is deeply in debt there, having to borrow money from friends to pay for his living expenses, he told us a story about me. 

So the prospect of bankruptcy is holding him back? 

He says, " My child would go for public schools. I mean, big deal, I went to public school."

 

 

5. Ignore the critics

Really shocked him, so he is, already in 2014, he is still very upset, this is a joy for many pundits and commentators of his who are upset. 

"The liberal attitude is really amazing," says the Teacher. "Multiple blogs to save Tesla's death watch." 

I told him that people want him to fail because it's arrogance on the part of his team. 

He also dropped it. "I think it would be presumptuous if we said that, you, we will certainly do this, in contrast to this, we will try, we are doing everything possible to be

This brings it to the next class, successfully and companies, rather than listening to critics. 

He told me that he didn't think SpaceX or Tesla would ever make money, money, and when he approached him and the truth is no one is doing it. 

But he ignored the call of the doom-bearers and went forward again. 

But why? Keep in mind that a person judges success for all the problems they have, not how much money they have earned. 

 

 

Think about how liberating it is. It doesn't bother anything to look stupid because its significant investment in not paying off, because it takes care of that in order to complete the important elements. 

This makes it much easier to make decisions because he can do what he thinks is really important. 

And the market seems to like that it doesn't exist. 

In October, the American investment bank Morgan Stanley estimated SpaceX at $ 100 billion. 

The economic aspects of spaceflight have changed, but most of all, Musk will be proud of how his company strengthens the US space program. 

 

 

Over the past year, its Dragon rocket crew has launched six International Space Station astronauts on Earth's first flight to the United States since the Space Shuttle retired in 2011.

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