1) Quality > Quantity
Surround yourself with the right people, not lots of wrong ones.
"Numbers will never compensate for talent. Two people who don't know something are no better than one. They tend to slow down progress." - Elon Musk
Surround yourself with the right people, not lots of wrong ones.
"Numbers will never compensate for talent. Two people who don't know something are no better than one. They tend to slow down progress." - Elon Musk
2. Working hard improves your odds of success
If you want to achieve great things you need to be willing to work hard. There is no way around it.
"Even if you’re doing the same thing, you will achieve in four months what it takes them a year to achieve." - Elon Musk
If you want to achieve great things you need to be willing to work hard. There is no way around it.
"Even if you’re doing the same thing, you will achieve in four months what it takes them a year to achieve." - Elon Musk
3) Embrace the possibility of failure
True learning does not exist without failure.
View every experience as an opportunity.
"Failure is an option. If things are not failing, you are not innovating enough." - Elon Musk
True learning does not exist without failure.
View every experience as an opportunity.
"Failure is an option. If things are not failing, you are not innovating enough." - Elon Musk
4) Seek criticism
Good friends will give you good feedback.
Listen to them.
“When my friends get a product, I ask them to not tell me what they like. Rather tell me what you don’t. If I’ve asked a few times, they will start telling me without me having to ask." - Elon Musk
Good friends will give you good feedback.
Listen to them.
“When my friends get a product, I ask them to not tell me what they like. Rather tell me what you don’t. If I’ve asked a few times, they will start telling me without me having to ask." - Elon Musk
5) Live in the worst-case scenario.
We all see the world in rose-colored glasses.
Take them off. Prepare for the worst.
Musk embraces this Stoic tactic.
"I figured if I could live off a dollar a day, from a food standpoint, it's easy to earn $30 a month." - Elon Musk
We all see the world in rose-colored glasses.
Take them off. Prepare for the worst.
Musk embraces this Stoic tactic.
"I figured if I could live off a dollar a day, from a food standpoint, it's easy to earn $30 a month." - Elon Musk
6) Search for problems then create solutions
Think about what products you WISHED existed.
Then create them.
“It’s best to approach building a company from the standpoint of saying what are some useful things that you do that you wish existed in the world?” - Elon Musk
Think about what products you WISHED existed.
Then create them.
“It’s best to approach building a company from the standpoint of saying what are some useful things that you do that you wish existed in the world?” - Elon Musk
7) Focus on what you can control
Go all-in when you have the ability to dictate the outcome. When you do this you will see your highest ROI.
“It’s OK to have your eggs in one basket as long as you control what happens to that basket.” – Elon Musk
Go all-in when you have the ability to dictate the outcome. When you do this you will see your highest ROI.
“It’s OK to have your eggs in one basket as long as you control what happens to that basket.” – Elon Musk
8) Focus on being better
You don't need to reinvent the wheel.
Just make a better version of it.
“You shouldn’t do things differently just because they’re different. They need to be better.” — Elon Musk
You don't need to reinvent the wheel.
Just make a better version of it.
“You shouldn’t do things differently just because they’re different. They need to be better.” — Elon Musk
9) Understand reality then change reality
Once you understand a problem then you can seek to fix it. if you do not understand it your solution will not be effective.
"Boil things down to the most fundamental truths. Then reason up from there." - Elon Musk
Once you understand a problem then you can seek to fix it. if you do not understand it your solution will not be effective.
"Boil things down to the most fundamental truths. Then reason up from there." - Elon Musk
10) Do not obsess over the competition
Focus on yourself and not others.
“We don’t think too much about competitors. I think it’s important to be focused on making the best possible products. Don’t worry about what the other runners are doing. Just run.” - Elon Musk
Focus on yourself and not others.
“We don’t think too much about competitors. I think it’s important to be focused on making the best possible products. Don’t worry about what the other runners are doing. Just run.” - Elon Musk
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