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5 Truths Entrepreneurs Can Learn From Elon Musk

5 Truths Entrepreneurs Can Learn From Elon Musk

Are you secretly harboring entrepreneurial yearnings but think you’re not cut out for the life of an entrepreneur? Or are you questioning your current path as a startup founder?

No one said the life of entrepreneurship was easy or sudden success was automatically guaranteed.

If you’re considering following your passion and building the business of your dreams, you might want to sit yourself down and learn a lesson or two from Elon Musk.

Here are five truths as offered by the master of entrepreneurial vision himself:

“When something is important enough, you do it even if the odds are not in your favor.”[1]

Entrepreneurs don’t let naysayers dissuade them from following their dream of building great companies.

From Travis Kalanick to Richard Branson, entrepreneurs who believe in the future of their company don’t give in to the volume of dissenting voices.

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Whether that means multiple pivots or changes in customer acquisition strategies, true entrepreneurs remain focused on the long-term goal.

“Constantly think about how you could be doing things better and questioning yourself.”[2]

Question Yourself

    Even Elon Musk questions himself.

    When you’re an entrepreneur who is also a know-it-all, your chances of success are slim:

    • Be willing to learn lessons from other successful entrepreneurs, angel investors, or venture capitalists.
    • Read their books, listen to their podcasts, or attend their conferences.
    • Don’t assume everything they utter is the absolute gospel as far as your entrepreneurial venture is concerned; there are differing opinions in the world of entrepreneurship.
    • Use what works for you and file the rest away for further contemplation.

    The goal is to continually iterate your best processes; if you’re not getting better as an entrepreneur, you’re standing still.

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    “Life is too short for long-term grudges.”[3]

    A long-term grudge harms you more than it harms your transgressor.

    Rather than allowing anger to fester inside you, turn it into motivation.

    What can you learn and how can you use your newfound knowledge to make your company even better?

    The old adage ‘success is the best revenge’ is definitely true when it comes to holding grudges; move past your supposed wrongdoing and fuel your fire for future business growth.

    “Patience is a virtue, and I’m learning patience. It’s a tough lesson.”[4]

    Building a successful company doesn’t happen in an instant.

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    • You must be prepared for years of struggle before success comes your way.
    • Don’t let tech announcements of massive rounds of funding knock you off course; there’s a high probability those young companies will burn through their investor’s cash and be no further ahead than you.
    • Keep your head down, be patient in the pursuit of business excellence, and know you’ll win in the end.

    If Elon Musk can learn to be patient, so can you!

    “I think it’d be great to be born on Earth and to die on Mars. Ummm… you know, just not at the point of impact.”[5]

    Mars Colony Where Elon Musk Would Like to Die

      Mars is a moonshot endeavor for Elon Musk.

      While you may never plan to set up shop on Mars, there’s no reason you can’t have a moonshot dream too.

      Don’t be afraid to dream and be willing to go after your stretch goals.

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      Whether that’s being acquired by Google or having a well-known Silicon Valley investor on your Board of Directors, dreams do come true if you’re willing to chase them.

      You may not be Elon Musk, but there’s no reason you can’t act like him when it comes to building a business:

      He’s not afraid to be labeled a dreamer or radical thinker and he’s not afraid to pursue his passion in the face of overwhelming odds.

      Heck, if he can turn his radical ramblings into business ventures, there’s no reason for you to expect anything less of yourself.

      https://www.youtube.com/watch?v=NlidB40aoTI


      Consider the above-listed Elon Musk quotes the next time you’re contemplating your entrepreneurial future; you just might be inspired to push yourself to greater heights than you ever dreamed possible.

      Reference

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      Christopher Moore

      Digital Strategist

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      Last Updated on November 5, 2018

      20 Best Places to Work for a Great Career in 2018

      20 Best Places to Work for a Great Career in 2018

      Looking for a job? There’s no doubt to the fact you will want to work with a company that appreciates you for who you are.

      Well, good news. The labor market today is one that has peened up with more opportunities for advancement and personal employee improvement. This is partly due to the fact that a lot of companies have been made to understand the value of their biggest assets: the employees.

      To wit, here’s a list of companies- across a wide array of industries- that have been able to develop working environments that are healthy and accommodating to workers.

      Take a look at these 20 best place to work for a great career:

      1. Salesforce, San Francisco, California,

        Salesforce is in the information technology business and the company ranks highest due to their commitment to learning and innovation. They are ready to try new things and everyone with a new idea is always welcome to share it at the company. The company has also been known to exhibit an exceptional approach to alignment.

        Find out more about careers in Salesforce

        2. Wegmans Food Markets Inc.,Rochester, New York

          Based in Rochester, New York, employees have been known to enjoy a sense of purpose from working here. The company has been able to achieve an optimal level of engagement across all working tiers and they’ve been able to achieve great things together. They even do deliveries.

          Find out more about careers in Wegmans

          3. Ultimate Software, Weston, Florida

            Employees get amazing benefits here but that’s not the only reason why this place is so awesome to work. Whenever there is a need or a death of an Ultipeep or any of other family members, the company shows love and support like no other.

            Find out more about careers in Ultimate Software

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            4.The Boston Consulting Group, Inc., Boston, Massachusetts

              Development is at the center of anything that goes on here. The business is about people and employees are the company’s biggest asset. Employees are able to challenge the status and also leave impacts on clients.

              Find out more about careers in The Boston Consulting Group

              5. Edward Jones, St. Louis, Missouri

                Edward Jones is admired for their ability to acknowledge history without being mired down by it. The company builds on a solid foundation but there is also a level of flexibility that allows for innovation.

                Find out more about careers in Edward Jones

                6. Kimpton Hotels and Restaurants, San Francisco, California

                  Kimpton is a trendsetter in the hospitality industry. The company always strives to try something different and that perspective is welcomed there at all times. Enjoy the weekends with luxury rooms, conformable mattress, furnished and well dressed service staff. A great opportunity for job seekers.

                  Find out more about careers in Kimpton Hotels and Restaurants

                  7. Workday, Pleasanton, California

                    Newbies will find no issues with feeling welcome and at home here as this has always been a core culture component of the IT giant. Everyone is treated like family and this fosters a sense of oneness.

                    Find out more about careers in Workday

                    8. Genentech, South San Francisco, California

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                      Here, employees are encouraged to be themselves. There is a feeling of care, safety, and acceptance that you get here that you can’t get at many firms. The development of an all-inclusive environment has always been foundational.

                      Find out more about careers in Genetech

                      9. Deloitte, New York, New York

                        Deloitte is one of the biggest professional service providers in the world, noted for their focus on constant learning, development and improvement. They invest in their employees and are concerned about their well being.

                        Find out more about careers in Deloitte

                        10. Baird, Milwaukee, Wisconsin

                          Baird is a financial services provide that is known for adopting a “no asshole policy’ which guides the way people relate with and respect each other, regardless of their position on the company’s hierarchy.

                          Find out more about careers in Baird

                          11. Quicken Loans, Detroit, Michigan

                            At Quicken Loans, the views and opinions of everyone are respected and heard. The organization is revered for the amount of investment they put in their team members and everyone looks for ways to grow and be better.

                            Find out more about careers in Quicken Loans

                            12. Capital One, Mclean, Florida

                              Capital One has adopted a culture that encourages employees to take risks and try new things. They foster a healthy work-life balance and associates are challenged to live better lives.

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                              Find out more about careers in Capital One

                              13. Cooley LLP, Palo Alto, California

                                Cooley LLP is a law firm known for their ability to care about the company culture and being able to develop a working environment that is empowering and fun. Cooley is known to go for the best when it comes to their employees, regardless of the occasion.

                                Find out more about careers in Cooley LLP

                                14. Southern Ohio Medical Center, Portsmouth, Ohio

                                  The medical center has been known for their propensity to delegate so much to their employees, thereby providing them with the ability to grow and learn on the job. In the end, you get a workplace that is all-engaging and super fun.

                                  Find out more about careers in Southern Ohio Medical Center

                                  15. American Express, New York, New York

                                    American Express is a firm that celebrates wins, no matter how small. Everyone is made to share the same attitude towards service and the people they are to serve, thereby making people care about what they do.

                                    Find out more about careers in American Express

                                    16. Adobe Systems Inc., San Jose, California

                                      The culture at Adobe Systems is one that encourages employees to develop their own ideas and get a strong viewpoint. As opposed to encouraging competition, work-life balance is fostered everywhere here.

                                      Find out more about careers in Adobe Systems Inc.

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                                      17. The Cheesecake Factory Inc., Calabasas, California

                                        The Cheesecake Factory rewards dedication and hard work. Promotions come pretty easy, and there is always space for guidance to develop your experience and skills.

                                        Find out more about careers in The Cheesecake Factory Inc.

                                        18. Sap America, Newtown Square, Pennsylvania

                                          If you’re looking for a new career path, SAP might be the best bet for you. The company is adept at recognizing value and transferable skills. And you can always look for a new path while maintaining your employment.

                                          Find out more about careers in Sap America

                                          19. NVIDIA Corporation, Santa Clara, California

                                            NVIDIA is known for looking after even the smallest of things. With even a “pets allowed” policy this company accepts you for who you are, and helps you to work within your personality. Advancement is also fostered, and you are able to collaborate effectively.

                                            Find out more about careers in NVIDIA

                                            20. KPMG LLP, New York, New York

                                              Communication and progressive collaboration are the foundation of this company’s workforce treatment. Regardless of the level you are, someone is always at the ready to help and the company rewards extra effort with gratitude.

                                              Find out more about careers in KPMG LLP

                                              All in all, it’s safe to say that you will be able to find somewhere to apply your skills (whatever they are) that is all inclusive and highly accommodative. Companies today are being made to understand how much they can get when they treat their employees right and this has opened the door to an encouraging work environment for all.

                                              Happy job hunting!

                                              Featured photo credit: Pexels via pexels.com

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