Amazing Facts About Elon Musk
Overview of Alon Musk:
Elon Musk in Simple words (Far-Sighted, Futuristic, Barrier free-thinker)
Elon Musk is a South African business magnate. I think people like Elon Musk are born only two or four times a century.
Elon Musk Wow, People are people who want to control the future. and with that in mind, he read so many books since childhood (ten years old) that not even a graduate can read in his formal studies.
At the age of twelve, he researched a computer at home and developed a game, which he sold for the first time for five hundred dollars called (Blaster).
From his childhood, he had only one idea that the biggest problem of the problem is to find a solution (Looking for the solution is the biggest problem). And in his company, if someone says that this can’t happen, it would be the last day in his company. He says It will happen. Think about it. Do it Again and again.
Elon Musk believes (Failure is the Option)
- He built a Solar city that works cheaply and in the light of the sun (Solar Energy)
- He built Taxila Motors, which works on energy conservation. He wants to eliminate all petrol-powered vehicles from electric vehicles.
- He has calculated the most powerful person on the earth.
- Elon Musk is a self-taught Computer Programmer & Space Scientist.
- He did not get any formal education; he just learned so many by reading books. He has been reading books since childhood to change the world through Deep vision, Obsession, Persistence.
- He says (Don’t try to force a square peg into a round hole)
- He believes that if there is to be a difficult task, it is necessary to have a powerful team.
- Give the right person a job the first time.
- A mediocre man who, if the result is not achievable, admits that it cannot be, but he says that it does not matter if it is not achievable. Try different ways to do it but don’t change the Goal.
- As a child, he spent ten to twelve hours studying.
- He worked seven days a week. He worked fifteen hours a day and always expected great results from himself.
- He always said (I don’t want to do what I can do, I have to do what is needed to do)
Companies of Elon Musk:
Zip 2, X.com, Paypal, Tesla, Space X, Solar City, Hyperloop one, Open AI, The Boring Company Neuralink,
He says I will send people to Mars and start a life there. (Elon Musk and his brother Kimbal Launched a Software Company in 1995 called Zip 2)
And in which he got the funding, he also used his father’s money and the board of directors grew and went on because he was a young boy, he didn’t have that much experience yet, so the board of directors thought he did not deserve to be CEO and was removed from the position of CEO.
Dot-com Bubble Burst in 2000:
When the markets crashed, the sub-boards of directors thought they would sell the company, and Company was sold to Compac from which he received 7% of the money, like 22 million.
With so much money coming in, he decided to take the next step instead of sitting at home and so he invested all his money in separate places and at the same time founded X.com.
It was the only online company of an online transaction that was the only such company and later it had a clash with a company Confinity and then later the two companies merged and became known as PayPal which is the largest in the world. One of the big companies that Elon Musk gave a big name to it and there was its CTO officer had an argument with Elon Musk and the reason was Elon Musk was saying that it should be converted to Windows when that the CTO wanted to keep it on Linux.
He had just gotten married and had gone on a honeymoon with his wife (Talulah Riley) but in his absence from behind, he was removed from the position of CEO, so he left the company, but now at that time, their share had increased to one hundred and sixty-five dollars (165 Million Dollars)
Space X:
He thought that there should be life on Mars too. He thought that there would be trees and plants and then he would take people there. He went to Russia and told them that he wants a rocket that can take him to space and they said it would cost 8 Million Dollars and He started thinking that eight million dollars are too much and when he tried to reduce the price he was rejected.
And when he came back, he started thinking about why I should not start this company myself, so he started reading and researching about it.
And after reading, he founded a company which he gave the name SpaceX
Henry Ford created a commonly viable Automobile industry and before that cars were very expensive and Henry Ford built a large assembly line to make them viable, so he thought if Henry Fold made it commercially viable, why can’t I commercially viable it for space travel?
So he thought, why not make a reusable rocket. One of the things he hasn’t read anywhere, just learn from the internet and books.
No one believed that a private company would redesign space travel and no one helped him. His purpose was not to launch the rocket into space, but to bring the rocket into space at a lower cost and to bring the same rocket back and reuse it.
And when he launched the first rocket, his rocket engine caught fire which caused him a lot of damage. Try again rocket goes into space but does not reach orbit۔
And three times he lost a lot of money. He all ran out of money. Everyone thought the company would run out now, but He said I would try again and when the fourth time rocket sent to space, it was successful and NASA signed a 1.5 billion contract with him and asked him to work with it.
And today he is taking equipment, cargo of NASA to the satellite.
Tesla Founding by Elon Musk:
At the same time, he also invested in Tesla Motors and became its CEO, whose goal was to make an electric and low-cost car, and the first car to be built was valued at 109,000 which Elon Musk was thinking will cost 50,000 dollars. He tried but there was no sale, the second time the price went down a bit but the car didn’t sell much and thus for the third time they managed to make a low-priced car and made a mind to make the cheap electric vehicles.
What we can Learn From Elon Musk?
He’s among the top 50 Billionaires of the world. Elon Musk trust that onerous work is crucial to tackling the high probability of failure. On many moments, he asserted to possess worked eighty to 1hundred hours per week. If others are working for forty hours of time and you are doing for a hundred hours although you are doing consistently.
- Elon Musk teaches us the Art of Failing Successfully.
- Elon teaches the world. The lesson of getting a vision that’s about change and power.
- You must perform or execute your concepts good
- Think big, observe honesty.
- Good concepts will excel from anyone, anywhere.
- Always think about failure Associate in Nursing choice and set up ahead
- Challenge the average or to the unbelievable
- Seek out positive criticism
- Know the inside of you
- Improve the merchandise, not promoting
- Focus on the foremost necessary activity in your enterprise.
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