Elon Musk needs no introduction, the richest man in the world, founder of SpaceX, Tesla Motor, and solar energy, and also, ex-cofounder of PayPal. Elon Musk’s total wealth is more than 190 billion which is growing every single day.
A famous quote by“You get paid in direct proportion to the difficulty of problems you solve” changed my life and mindset and perspective as an entrepreneur.
In this post, I am going to share 22 life-changing lessons from Elon Musk’s life. Just working and following these simple lessons and principles can change your life and future for yourself and for the world.
22 Life-Changing Lessons from Elon Musk
1.” It’s very important to like the people you work with, otherwise life [and] your job is going to be quite miserable.”
2. “Work like hell. I mean you just have to put in 80 to 100 hour weeks every week. This improves the odds of success. If other people are putting in 40-hour workweeks, and you’re putting in 100-hour workweeks, then even if you’re doing the same thing, you know that you will achieve in four months what it takes them a year to achieve.”
3. “It is possible for ordinary people to choose to be extraordinary.”
4. “Persistence is very important. You should not give up unless you are forced to give up”
5. “I wouldn’t say I have a lack of fear. In fact, I’d like my fear emotion to be less because it’s very distracting and fries my nervous system.”
6. “If you’re trying to create a company, it’s like baking a cake. You have to have all the ingredients in the right proportion.”
7. “I don’t think it’s a good idea to plan to sell a company.”
8. “Failure is an option here. If things are not failing, you are not innovating enough.”
9. “I always have optimism, but I’m realistic. It was not with the expectation of great success that I started Tesla or SpaceX. It’s just that I thought they were important enough to do anyway.”
10. “When something is important enough, you do it even if the odds are not in your favor.”
11. “If you need inspiration, don’t do it.”
12. “Every person in your company is a vector. Your progress is determined by the sum of all vectors. ”
13. “If you get up in the morning and think the future is going to be better, it is a bright day. Otherwise, it’s not”
14. “My motivation for all my companies has been to be involved in something that I thought would have a significant impact on the world”
15. “I think that’s the single best piece of advice: constantly think about how you could be doing things better and questioning yourself.”
16. “It’s OK to have your eggs in one basket as long as you control what happens to that basket.”
17. “If something has to be designed and invented, and you have to figure out how to ensure that the value of the thing you create is greater than the cost of the inputs, then that is probably my core skill.”
18. “I don’t spend my time pontificating about high-concept things; I spend my time solving engineering and manufacturing problems.”
19. “Really pay attention to negative feedback and solicit it, particularly from friends. Hardly anyone does that, and it’s incredibly helpful.”
20. “What makes innovative thinking happen?… I think it’s really a mindset. You have to decide.”
21. “If your co-founder or CEO, you have to do all kinds of tasks you might not want to do… If you don’t do your chores, the company won’t succeed… No task is too menial.”
22. “I don’t ever give up I have to be that dead or completely incapacitated. Really liking what you do, whatever area that you get into. Given that– even if you’re the best there’s always a chance of failure. So I think it’s important that you really like whatever you’re doing. Uh, if you don’t like it… life is too short. If you like what you’re doing, you think about it even when you’re not working. I mean it’s something that your mind is drawn to. Um, and… and if you don’t like it, you just really can’t make it work, I think. So many people try to talk me out of starting our own company, it was crazy. One good friend of mine collected a whole series of videos of a rocket blowing up and made me watch those. He just didn’t want me to lose all my money. We’re doing these things that, uh, seem unlikely to succeed. And we’ve been fortunate, and, at least thus far, they HAVE succeeded. Now is the time to take risks, you don’t have kids– as you get older your obligations increase. So You Those And once you have a family you start taking a risk not just, for yourself, but for your family as well: it gets much harder to do things that might not work out. Uhm, so now is the time to do that. Uh, before you have those obligations. So I would encourage you to take risks now, do something bold.”
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