These are the recommendations of the founder of SpaceX for those who want to grow their business.
At the moment, Elon Musk He is one of the richest people in the entire world. With your companies SpaceX and tesla revolutionized the technology market and are two of the largest companies today. That is why he left some advice for those entrepreneurs who want to start a business or make it grow.
Elon Musk was born on June 28, 1971 in Pretoria, South Africa. Currently, according to Forbes magazine, he has a net worth of 355.2 billion dollarswhich places it above Jeff Bezosthe CEO of Amazon.
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10 tips from Elon Musk to develop your business
These are some of the recommendations that the magnate gave to entrepreneurs over time:
- Pay attention to feedbackespecially the negative one, both your own and that of others, whether from friends, clients or competitors.
- Surround yourself with people capable of self-management and working towards a common goal without the need for constant supervision. “It is a mistake to hire many people to do a complicated job. Numbers will never compensate for talent: two people who don’t know how to do something are no better than one, they will slow down the process and the task will be even more difficult.”
- The South African engineer stated that it is necessary to maintain the brain in constant training so as not to stagnate. “Look at knowledge like a semantic tree, make sure you understand the fundamental principles, like the trunk and the branches, before moving on to the details (the leaves),” he explained.
- Always wear a aim: “The first step is to establish that something is possible; then the probability will occur”
- “Constantly think about how you could do things better”
- Always try to make your product stand out from the competition. “When you enter to compete in a market that is already being exploited, you must ensure that your product not just a little better than the competition, but much better”.
- Follow the passion. Musk never had making money as his main goal. Initially this was to take a person to Mars, and that motivated him to create SpaceX. “People should pursue what they are passionate about. “That will make them happier than anything else,” he explained.
- It is very important don’t give up. “Persistence is very important. You should not resign unless you are forced to resign. Failure is an option. If things are not failing, they are not innovating enough.”
- You have to learn to adapt to changes, no matter how complicated they may be. “Some people don’t like change. but they need to embrace it if the alternative is disaster”.
- Despite being someone very realistic, Elon Musk also advises maintain optimism. “If you wake up in the morning and think that the future is going to be better, it is a brilliant day. Otherwise, it is not.”
Source: Ambito
I am Pierce Boyd, a driven and ambitious professional working in the news industry. I have been writing for 24 Hours Worlds for over five years, specializing in sports section coverage. During my tenure at the publication, I have built an impressive portfolio of articles that has earned me a reputation as an experienced journalist and content creator.
