THE WORLD RICHEST PERSON ELON MUSK SECRET OF SUCCESS
ELON MUSK WORLD NO.1 RICHEST MAN
His success and personal style have given rise to comparisons to other colorful tycoons from U.S. history, including Steve Jobs, Howard Hughes, and Henry Ford. He was named the richest person in the world in 2021, surpassing Amazon (AMZN) founder Jeff Bezos. Musk is the richest person in the world as of Feb. 15, 2024.
Early Life and Education
Elon Reeve Musk was born in 1971 in Pretoria, South Africa, the oldest of three children. His father was a South African engineer, and his mother was a Canadian model and nutritionist. After his parents divorced in 1980, Musk lived primarily with his father. He would later dub his father “a terrible human being...almost every evil thing you could possibly think of, he has done.”
Musk’s College Years
At 17, Musk moved to Canada. He would later obtain Canadian citizenship through his mother.8
After emigrating to Canada, Musk enrolled at Queen’s University in Kingston, Ontario. It was there that he met Justine Wilson, an aspiring writer. They would marry and have six sons together, a first son, twins, and then triplets, before divorcing in 2008.
Entering the U.S.
After two years at Queen’s University, Musk transferred to the University of Pennsylvania. He took on two majors, but his time there wasn’t all work and no play. With a fellow student, he bought a 10-bedroom fraternity house, which they used as an ad hoc nightclub.10
Musk graduated with a bachelor of science degree in physics, in addition to a bachelor of arts in economics from the Wharton School. The two majors foreshadowed Musk’s career, but it was physics that left the deepest impression.11
“(Physics is) a good framework for thinking,” he would say later.
Tesla
Musk became involved with the electric cars venture as an early investor in 2004, ultimately contributing about $6.3 million, to begin with, and joined the team, including engineer Martin Eberhard, to help run a company then known as Tesla Motors. Following a series of disagreements, Eberhard was ousted in 2007, and an interim CEO was hired until Musk assumed control as CEO and product architect. Under his watch, Tesla has become the world’s most valuable automaker,
In addition to producing electric vehicles, Tesla maintains a robust presence in the solar energy space, thanks to its acquisition of SolarCity. The company currently produces two rechargeable solar batteries. The smaller Powerwall was developed for home backup power and off-the-grid use, while the larger Powerpack is intended for commercial or electric utility grid use.
SpaceX
Musk used most of the proceeds from his PayPal stake to found Space Exploration Technologies Corp., the rocket's developer commonly known as SpaceX. By his own account, Musk spent $100 million to found SpaceX in 2002.20
Under Musk’s leadership, SpaceX landed several high-profile contracts with the U.S. National Aeronautics and Space Administration (NASA) and the U.S. Air Force to design space launch rockets. Musk has publicized plans to send an astronaut to Mars by 2025 in a collaborative effort with NASA.
ELON MUSK SUCESS POINTS :-
“I think it is possible for ordinary people to choose to be extraordinary.” -Elon Musk
Elon Musk’s willingness to publicly discuss even the failures of his insanely ambitious SpaceX missions reminds us just how confident the man truly is.
Musk has accomplished feats previously thought impossible — in fact, if he’d listened to his advisers, he’d never have experienced the success he has. Born in South Africa in 1971, he sold his first computer game at age 12 and went on to co-found Tesla Motors, PayPal and SpaceX.
Elon Musk is a risk taker; he’s an innovator and dares to dream the big dreams. Further, he has the ability to actually make them happen.
Elon Musk is a risk taker; he’s an innovator and dares to dream the big dreams. Further, he has the ability to actually make them happen.
He’s kind of a badass. How does he do it?
I’m a huge advocate of learning from the experience and wisdom of others, and this man is so extraordinarily successful and intelligent that we’d be fools not to listen to him. See what you can learn from these innovation and success quotes from Elon Musk:
1. “When something is important enough, you do it even if the odds are not in your favor.”
2. “Some people don’t like change, but you need to embrace change if the alternative is disaster.”
3. “Failure is an option here. If things are not failing, you are not innovating enough.”
4. “The path to the CEO’s office should not be through the CFO’s office, and it should not be through the marketing department. It needs to be through engineering and design.”
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