From being an ordinary boy, born by Maye Musk
on June 28, 1971, in Pretoria, Transvaal,
South Africa, to becoming a billionaire and
one of the world’s most respected entrepreneurs,
Elon Musk definitely has some secrets that
made him hugely successful.
But wait!
Why are some people very successful in life
when most other people fail?
It must be because successful people know,
think and do certain things which other people
don’t.
Welcome to Secrets of Success and don’t
forget to subscribe if you’re new here.
In this video, we bring to you; Elon Musk’s
7 secrets of success.
By secrets, we mean what he knows, thinks
and does that makes him very successful.
Try to watch to the end of this video because
Secret No. 7 can change your life completely
if you’re planning to be an entrepreneur.
Secret No. 1
Readers Rule The World
During his childhood, Musk was an avid reader.
At age 10, he developed an interest in computing
with the Commodore VIC-20.
He taught himself computer programming at
the age of 12, sold the code of a BASIC-based
video game he created called Blastar, to a
magazine called PC and Office Technology,
for approximately $500.
Musk’s childhood reading included Isaac
Asimov's Foundation series from which he drew
the lesson that "you should try to take the
set of actions that are likely to prolong
civilization, minimize the probability of
a dark age and reduce the length of a dark
age if there is one”
Curiousity is the name of the road that leads
to success.
The more curios you are, the more successful
you can become.
Anthony Robins calls this “Hunger”.
Just as hungry people look for food, people
who are hungry for knowledge read good books
which others don’t.
Because these people search for knowledge,
they are able to know what most other people
in the world don’t.
If you know what most people don’t, you
can achieve what they can’t.
Secret No. 2
Dream Big For Dreams Come True
If there’s anything, the name of Elon Musk
is synonymous with crazy dreams.
In 2001, Musk conceptualized "Mars Oasis",
a project to land a miniature experimental
greenhouse on Mars, containing food crops
growing on Martian regolith, in an attempt
to regain public interest in space exploration.
Musk has envisioned a high-speed transportation
system known as the Hyperloop, and has proposed
a vertical take-off and landing supersonic
jet electric aircraft with electric fan propulsion,
known as the Musk electric jet.
Musk has stated that the goals of SpaceX,
Tesla, and SolarCity revolve around his vision
to change the world and humanity.
His goals include reducing global warming
through sustainable energy production and
consumption and reducing the "risk of human
extinction" by establishing a human colony
on Mars.
For most people in our world today, their
dream is to eat, drink, have some cars and
homes.
To be successful in life, you have to dream
unusually big.
As Steve Job said, “People who are crazy
enough to believe they can change the world
are those who do”
Secret No. 3
Entrepreneurship is a Journey, Know when to
Move on
Compaq acquired Zip2 for US$307 million in
cash and US$34 million in stock options in
February 1999.
Musk received US$22 million for his 7 percent
share from the sale
In March 1999, Musk co-founded X.com, an online
financial services and e-mail payment company,
with US$10 million from the sale of Zip2.
One year later, the company merged with Confinity,
which had a money-transfer service called
PayPal
In October 2002, PayPal was acquired by eBay
for US$1.5 billion in stock, of which Musk
received US$165 million.
Before its sale, Musk, who was the company's
largest shareholder, owned 11.7% of PayPal's
shares.
If you’re an entrepreneur, you must know
when to move on.
Life of an entrepreneur is more or less like
an experiment and adventures.
Looking, searching, selling and moving on
to the next big thing is part of the journey.
Don’t be emotionally attached to your business.
It’s a game after all.
Hahaha…
Secret No. 4
Give Back, Make the World a Better Place
Musk is chairman of the Musk Foundation, which
focuses its philanthropic efforts on providing
solar-power energy systems in disaster areas.
In 2010, the Musk Foundation collaborated
with SolarCity to donate a 25-kW solar power
system to the South Bay Community Alliance's
hurricane response center in Coden, Alabama.
In July 2011, the Musk Foundation donated
US$250,000 towards a solar power project in
Sōma, Japan, a city that had been recently
devastated by a tsunami.
Making money can make you happy at the beginning
of your wealth creation process.
However, after you have more than enough,
giving is the only thing that makes you happy.
Aside this, giving is the secret of having.
A part of you believe you’re rich, if you
give.
Even if you’re not rich yet, giving makes
your mind believe that you are and then look
for ways to be rich.
Secret No. 5
Don’t Play Your Game Like Everyone
In 2014, Musk announced that Tesla would allow
its technology patents to be used by anyone
in good faith in a bid to entice automobile
manufacturers to speed up development of electric
cars.
"The unfortunate reality is electric car programs
(or programs for any vehicle that doesn't
burn hydrocarbons) at the major manufacturers
are small to non-existent, constituting an
average of far less than 1% of their total
vehicle sales," Musk said
Musk has favored building a sub-US$30,000
compact Tesla model and building and selling
electric vehicle powertrain components so
that other automakers can produce electric
vehicles at affordable prices without having
to develop the products in-house; this led
to the Model 3 that is planned to have a base
price of US$35,000.
Several mainstream publications have compared
him with Henry Ford for his work on advanced
vehicle powertrains.
ElonMusk’s unusual generousity could be
liken to that of Henry Ford, the man who changed
the existing industrial games by changing
the world and making life better for his employees,
unlike the earlier industrialists.
Secret No. 6
Take Responsibility for the world’s problems.
Elon Musk's goal is to reduce the cost of
human spaceflight by a factor of 10.
In a 2011 interview, Musk said he hopes to
send humans to Mars' surface within 10–20
years.
In Ashlee Vance's biography, Musk stated that
he wants to establish a Mars colony by 2040,
with a population of 80,000.
Musk stated that, since Mars' atmosphere lacks
oxygen, all transportation would have to be
electric (electric cars, electric trains,
Hyperloop, electric aircraft).
Musk stated in June 2016 that the first unmanned
flight of the larger Mars Colonial Transporter
(MCT) spacecraft is aimed for departure to
the red planet in 2022, to be followed by
the first manned MCT Mars flight departing
in 2024.
People who take responsibilities are those
who become successful.
Your life’s mission should be to take responsibility
for the betterment of the world around you.
If you don’t do it, who will?
Secret No. 7.
Nobody will believe in you, until you do.
Musk initially found it impossible to get
funding for SpaceX, which investors saw as
a pipe dream.
Musk channeled all his own money into the
company to make SpaceX a reality (going against
every piece of business advice ever written).
We’ve seen a lot of people trying to get
other people to believe in their dreams, even
though they themselves have not taken any
significant risk to prove that they believe
in themselves.
Sorry, no one will believe in you, until you
do.
You want to start a business, an organization
or a movement?
Nobody will believe in you.
Nobody will support your vision.
Nobody will see what you’re seeing, until
you can take the initial risks.
Now Let’s Discuss;
Which of the above lessons from Musk’s life
makes more sense to you?
What other thing do you learn from Elon Must
that are not mentioned in this video?
Which other successful person will you like
us to make a video about?
Kindly drop your comment.
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