Keys to Success – Elon Musk

Keys to Success - Elon Musk

Keys to Success – Elon Musk

With all the news about Tesla going private, Elon Musk seems to be the world’s most popular CEO on Twitter. Love him or hate him, Elon Musk has had quite the track record. With his First Principal thought process, his implementation of that in the space, internet, payment, and car realm – Elon has made a name for himself by dominating all these spaces. He has since racked up a net worth of $11.5 billion (close to $20 billion now)

So how does he do it? How can you be like Elon? The closest answer we have would be to follow Elon’s advice on success in our Keys to Success article on Elon Musk. Ranked by our founder – Alan Nafarrete

The 5 Keys to Success – Elon Musk

Be sure to watch the video below for the full version and context to the quotes that Elon Musk says. Now, here are take on how to implement these principles in your life!

1. Act despite Fear  – Keys to Success – Elon Musk 
Our favorite key – Elon Musk stresses the important to act in life despite fear. Similar to motivational quotes from The Dark Knight Rises (When its time to climb out of the hole) or Will Smiths famous quote – “Happiness is on the other side of Fear”  – You must learn to harness this emotion and act on what you believe in. When you find something worth it, you will do whatever it takes to make it happens. To add on to Musk’s advice, I would encourage readers to be cognizant of what makes them happy and excited and to follow that! BE RELENTLESS in making that passion a reality.

2. Focus on the Customer – Keys to Success – Elon Musk 
Every business has to understand this concept. There is no other way to grow a business besides delivering on and adding value to what the customer wants. If you are wondering why your business is stagnant, it is as Musk puts it – “Not delivering enough value”

3. Have a high pain tolerance – Keys to Success – Elon Musk 
You have to be willing to do what is necessary to grow your business. When you believe in the legacy and positive impact your business can have on the world, the only person stopping that from becoming reality is yourself. Do what is necessary to take care of your body, your time (Time blocking) and execute on your plans.

4. Self Analyze – Keys to Success – Elon Musk 
Perhaps one of the most important tools to have is the ability to be rigourous in your analysis. One of the best productivity tips we can give people to Analyze yourself is to track everything! (We Use Toggl) If you track everything that you do, then you know where your time is spent (and wasted) Don’t fall into the human fallacy of being too over optimistic and let the numbers speak for themselves. Your business isn’t growing for a reason. Track it down and fix it.

5. Do Your Chores – Keys to Success – Elon Musk 
There is no getting around it, you have to enjoy the process. You cannot always do what you want to do, but sometimes you have to do what you need to do.
I recommend starting your day off with gratitude then PLANNING your day. In the morning, you are more likely to know what you are supposed to do. Write it down. Look at your plan. You know what you need to do. So DO YOUR CHORES!

 

 

Want more Musk? Then you have to read his book. Biography created by Ashlee Vance – “Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future,” T
Better yet, check ou the audiobook version. Get a Free trial from Audible!

The 5 Keys to Success – Elon Musk Video

 

As always here is the video version with an intro from Alan!

Be sure to leave comments on what your favorite quote was so you can help inspire others to take action and offer value to the world!

 

If you like this Keys to Success episode on Elon Musk, be sure to check out all the keys in our Foundations of Success Series (Is that confusing? Let us know)
Check out the following:

 

Stay Strong,

Alan

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