Serial entrepreneur Elon Musk is known across the globe for starting PayPal, Tesla Motors, SpaceX and The Boring Company, and more. Here, the Tesla CEO is interviewed about entrepreneurship advice. Here’s exactly how Elon Musk thinks:
Elon Musk entrepreneur advice
Musk is very direct about focusing on critical things only, saying, “Focus on signal over noise. Don’t waste time on stuff that doesn’t actually make things better.” This helps explain his amazing productivity and successes. Recently, Tesla Motors became the most valuable auto manufacturer in The World. In the same year, during the Covid19 pandemic, SpaceX’s Falcon 9 rocket successfully delivered astronauts to the International Space Station, the I.S.S. He wants to eventually take people to the Planet Mars. And, many of the planned 50,000 satellites are in place in low Earth orbit, for supplying high speed Internet. All at once!
This video explains what I think of the entrepreneurship style of Tesla CEO, Elon Musk:
Vision of the Entrepreneur
Elon Musk is not afraid to make hard decisions and does not compromise on his vision, at all. The big lesson for entrepreneurship?
He has invested his personal savings in business ventures that he believes in, at the risk of going broke. Failure, then, is hardly an option for Musk. You definitely need to make sacrifices when you’re working in this high tech, entrepreneurial style. And you have to be comfortable with cognitive uncertainty!
Musk reputedly taught himself computer programming at a young age. He knows calculus and works like a hands on employee at both Tesla and SpaceX. The official position he holds is CEO.
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Thank you for trusting us to deliver you World Class information about tips and advice for new entrepreneurs. Here’s a bonus video I’ve just found. It is the Virgin Atlantic founder, Sir Richard Branson, with extra entrepreneur advice. Notice how Richard Branson always mentions the importance of listening skills, and giving people freedom in their positions, and rewarding them with lots of praise!
I’ll see you in the meetings and in the Business School for high productivity, free online business courses! (Once we’ve digested a space capsule of Elon Musk entrepreneur advice …)
Catch you later,
Geoff Dodd, Editor and Manager, Business School.
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