5 Top Secrets of Elon Musks’ Success
If you are a fan of technology, entrepreneurship, cars, or even space travel and its news, the name of Elon Musk should look familiar. The South African businessman is the founder of Tesla Motors, the company that is aiming to popularize electric cars; and SpaceX, which aims to revolutionize aerospace travel. Today, Musk has an estimated fortune of $ 20 billion, which makes him the 53rd richest person in the world, according to Forbes.
But none of this came without a lot of work, dedication, and obstinacy. Musk revealed in several interviews the cumbersome and exhausting routine he undergoes every day to take care of the three companies and still reconcile his professional and personal life. You can also manage more tasks even if you have a tight schedule. Musk's methods to run his business are thoroughly evaluated by those who want to think like him. Below are the 5 top secrets of Elon Musks' success.
1. Organized and Regulated Routine
Like everyone who has already achieved his goals in life, Elon Musk has a regulated routine that he does not stop working on any day. The entrepreneur starts working at 7 am and dedicates half an hour a day to answer the emails he receives.
Despite having a stable life and successful companies, Musk always seeks professional growth. He works between 85 and 100 hours a week, alternating days between the companies where he is CEO and other activities, always trying to organize the routine and maintain all chores in line. He is a man who is always looking for new opportunities in life. He motivates people to be always ready to venture into new business ideas.
It is natural for Musk to schedule his day in a precise and detailed way so as not to end up getting lost and wasting time. Musks divide his day into small spaces of 5 minutes, prioritizing design, engineering, and manufacturing: 80% of the time is dedicated to these areas.
If you have a tight schedule like Elon Musk, staying organized and making the most of your time is essential. That is why the tycoon is always thinking and asking himself how it is possible to do things in the best way to get the most out of it with the least amount of time. A Musk tip for this is to do the tasks in "batches," that is, unite two or more tasks that can be done together, such as using no deposit bonus codes true blue casino on your best casino while having lunch.
2. Read More and More
In an interview, the businessman claimed to have read the entire British Encyclopedia when he was just nine years old. Besides, he also explained that books played a crucial role in his life, to the point of feeling that they created him. As a teenager, Musk even read two books a day on different topics, including philosophy, science-fiction, programming, and religion. His thirst for knowledge exposed him to different subjects.
Part of Musk's success was facilitated by acquiring knowledge in different areas, transferring it, and applying it to other fields. Bringing together different areas of expertise to develop another field is crucial to making a difference. Musk does it very well, and so you can. Make friendships with people who have knowledge and experience. Learn from them every day on how to take advantage of each opportunity.
3. Embrace Long-Term Goals
One of Musk's popular features is his tendency to set ambitious project deadlines. He uses "elongated" goals to change perception: "The initial move is to establish that something is possible, so it probably will be."
While he is not building rockets and revolutionizing the automotive industry, Musk is sending emails. He is extremely clear, concise, and direct in his emails and always sends messages with updates, forms of communication, vision, and mission of the company, as well as tips on how to be more productive.
According to Musk, the first step is to know that your goal is possible. And if it is possible, then, with some probability, everything will happen that way. Musk often sets very daring deadlines for his projects. All his projects are large-scale and global. It is because of this that we now have reliable electric cars and reusable rockets.
Elon Musk is not satisfied with where he is now. His company has achieved enormous achievements, but he knows that there is always room for growth in any area. According to the executive, there is always a better, faster, or cheaper way of doing things.
4. Surround Yourself With The Best
In addition to a bachelor's degree in economics and physics, Musk has experience in a wide variety of fields. Despite this, he is aware that he does not have all the answers and regularly receives advice from people. Even if he doesn't agree with others' opinions, the entrepreneur says that "you should at least want to listen very carefully to what they say."
Surrounding yourself with the best will help you plan for success and also be ready to fail. We don't always get all our investments right. On the other hand, as Musk himself says, "if something is important enough, you should try it even if it fails." When we have a plan B, it is much easier to recover from failure.
You will find something useful in what you do if you have the right people in your circle. You don't have to go around "saving the world." But, looking for a positive cause in your work will be enough to increase your motivation.
5. Put Your Heart and Soul Into It
Elon Musk has achieved titanic goals. He founded SpaceX in 2002 and Tesla in 2003, both companies that had their first successes in 2008. In that year, SpaceX successfully launched a rocket into space, and Tesla sold its first passenger car, the Tesla Roadster. In doing so, Musk turned astronautics from a government monopoly to a privatizable enterprise, and electric cars from an environmentalist initiative to a real and functioning product.
For many people, work is an obligation, a necessary evil. For others, however, it is an essential component of personal fulfilment, a fundamental part of human experience. Elon Musk belongs to this second category. As he said, "When something is important enough, you do it even if the odds of success are not in your favor." Musk takes the job very, very personally.
Every entrepreneur who hopes to be successful must build a vision. He must believe in his project before anyone else. He must love his brand before someone else does. In the words of Nobel laureate Dennis Gabor: "The future cannot be predicted, but the future can be invented." Invent your future today by taking advantage of the online casinos Australia offers that have no risk at all.
In conclusion, Elon Musk is a great innovator who is admired by many young people. He is known for his organized and regulated routines, thirst for knowledge, setting ambitious project deadlines, and great passion for everything he does. Elon Musk's success comes as a result of his habits and mindsets. Following the above 5 top secrets of Elon Musks' will significantly impact your life positively.