Elon Reeve Musk is one great and splendid achiever. He undoubtedly has secured his name in the list of the greatest entrepreneurs of his time. Born on 28th June, 1971 he is a South African-born. Musk has an all in one personality being an engineer, inventor as well as an investor. Even at the tender age of 12, he got hold on the knowledge of computer programming and sold a BASIC listing for a video game called Blastar to a magazine by the name of PC and Office Technology for roughly US$500. He received his graduation degree from the University of Pennsylvania at the age of 24. Elon Musk started with his PhD in applied physics at Stanford University but within two days left the program. He did so in order to take a chance for his entrepreneurial aspirations in areas like Internet, renewable energy and outer space. At present he is the CEO of Tesla Motors, the CEO and CTO of SpaceX, and the chairman of Solar City. Maybe it is his journey so far that made his earlier decisions worth all the chances that he took. He can be a great model of inspiration to others. Here are 10 life lessons that one ought to take from the life of Elon Reeve Musk.
- Do not go too fast
Elon made sure that he never hurried into hiring people in his companies. This is one process which ought to be given its due time and consideration. Rushing into it and hiring people left and right would be a matter of huge discomfort and even loss to the company. So if you are an entrepreneur and have been looking to expand your venture, be sure to hire people carefully as they would be the ones you would be working with in near future. They hence must be reliable and truly worthy of the job that you are offering.
- Avoid being sentimental in business
You probably cannot move ahead if you keep on bumping time and again into your harsh and strict decisions of the past that caused others their jobs. Being the head you are responsible for the growth and success of your company and that might demand of you to make a tough call. Being sentimental in such circumstances would only worsen the situation for you. So keep your head straight and maintain your focus.
- Look in the eye of Failure
It is a fact that you cannot achieve your dream and success without having tasted failure. Musk always knew about the high risks of failure involved in his ventures but that did not deter him from making his step towards success. It is normal for things to fall apart and especially if you are planning to take the world by surprise. Take a failure as a stepping stone to the achievement of your goals and dreams in life.
- Hard work is a must
How is one to achieve anything big and awarding in life ifs/he refrains from indulging in hard work for the same? It wouldn’t be possible for you to handle yourself, let alone run a company if you do not work for it significantly. Apart from running companies, hard work is like the basic requirement for you to indulge in if you wish to make it big in life. Sitting and wishing for things to happen is simply a part of being delusional. In real life you need to act and take matters in your hand for good.
- Acknowledge your limits
Elon understood in that he won’t be able to give his complete time and dedication required to SpaceX and Tesla. He knew where his capabilities lay and followed the same. It is wise and advisable to come out of one’s comfort zone and abandon all inhibitions. At the same time it would be a wise person’s act to acknowledge your limits and shortcomings. It will not be demeaning of your abilities or qualities that you are good at but would rather give you a chance to work on your weaknesses. You would come nearer to your goal if you take into due consideration your limits as well.
- Find that definite point
You need to fix a higher and definite goal in your life. It would settle down the chaos of figuring out through innumerable decisions for you would have a very clear picture in the back of your mind about what your decision should be. Musk was pretty clear with the motive behind developing SpaceX and that made it possible for him to actualize it, be it to whatever extent. He said, “I think most people would agree that a future where we are a spacefaring civilization is inspiring and exciting compared with one where we are forever confined to Earth until some eventual extinction event.” He knew what he was aiming for and this is what is primarily required in one’s life.
- Listen to your instincts
His decision to leave Stanford University might have been viewed by many as a crazy act but Musk knew what he was doing. He followed his inner instincts and allowed himself the expansion of his own horizons. Listening to one’s instincts can be very fruitful at times and lead one to their life’s best and greatest decisions ever made.
- Be ready to stand out
You need to be audacious enough to defy what the masses are running after blindly. If you are the one aiming to achieve something that someone already has, then you in a way will be undermining your skill to achieve something extraordinary. Prepare yourself in such a manner that you do not have to depend on the affirmations of others and what they think of your judgments. You are your best judge and believe in yourself.
- Have an exceptional company
The sort of people that you spend most of your time with would have a major effect on you and your mindset. So it is advisable to surround yourself with intelligent and resourceful people. In order to do so you need to be precisely fair at your interpersonal skills including your communication skills. Within time you would find yourself thinking and strategizing like those people, to great extent.
- Do charity
It is good and commendable that you have achieved what you wanted to and as of now are tasting success and its pleasures. Do not forget to be charitable to others in your time of happiness because you know deep within how was it to be at that stage initially in your life. Musk has decided a considerable amount of his personal fortune as a part of Warren Buffett’s Giving Pledge.
One can always look upon the astonishing and praise worthy life of Elon Musk as a source of inspiration as well as lessons.