9 Magic Secrets That Make Elon Musk So Successful

Across the world, within the most successful and powerful people, exists a 47 year old South African born American-Canadian business mogul and inventor. Mentioning of the word technology and entrepreneurship in a single sentence without the inclusion of Elon Musk is an understatement. Elon Musk has a networth of $21 billion and is among the richest people in the world.

Elon Musk belongs to the group of innovative entrepreneurs with a significant impact on technological trends. He is the CEO of SpaceX Transport Company and Tesla Electric Car Company, founder of Boring company, co-founder of OpenAI and a part of many other companies such as Paypal, Zip2, Solarcity, and not to mention his future plans in Hyperloop superfast train system, Neuralink, and many more. He seems to be everywhere whether it’s space rockets, solar batteries, electric cars, robots, etc.

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All these years, Elon Musk has been a creator and entrepreneur. Immediately after college, numerous passions moved Elon to develop and manage projects and companies of his own. Elon is quite an inspiration to many and as a business magnate, a lot of people always look upon him. As many people admire and are inspired by the success of Musk, it’s imperative to note the success of Musk was founded on a number of things which he has unique.

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1. Innovative Mindset

Elon has been part of many successful stories in the technology sector. From Paypal, OpenAI, Zip2 and the success of SpaceX and Tesla Company which Musk founded. The origin can be traced to the founder being innovative and creative from a young age. An innovative idea captures the imagination of investors and consumers, and this idea launches a new company forward.

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2. Ambitious

Elon Musk is the kind of guy who envisions something and works all the way to see the idea become successful. He is exceptionally ambitious. Even after making millions from Paypal, he didn’t stop at that like most people would. He had a dream. He wanted to achieve the vision he had in college of changing the future by creating sustainable energy, provide internet, and space travel.

​This kept him going, and he kept inventing. That’s why we now have SpaceX and Tesla. His future plans are also amazing. With plans to invent the Hyperloop fast train system and in Neuralink to connect the brain with computers, we can only guess how many more technological advancement he has, planned.

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3. Motivated

Even after the failure of SpaceX rocket Musk was still motivated. He had the drive to continue against the odds of failure. He didn’t bother about the failures. His determination is amazing. He is motivated and sticks with the attitude. Elon is always on the move to accomplish his objectives. Elon Musk takes his failures and uses them to motivate him forward.

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4. Risk-tolerant

Musk left comfortable life after success with a computer game ZiP2, a tourism guide, and Paypal to venture into other risky businesses. The odds were against him. His first three launches at SpaceX were a failure.
​Tesla motors also failed to meet deadline for its first Tesla roadster, and the company almost went bankrupt. But these didn’t make him stop. He was determined and had a never given up mentality. He continued with his venture to make SpaceX successful and convinced other investors to join him make Tesla a success. ​

5. Optimistic

At an early stage, Elon discovered that he believed in all of his projects beyond anyone else. He loves his brand and puts up everything to make in his vision. He tends to set high standards and works hard to meet them though at times he misses deadline. He aims at giving the best.

​For instance, Teslas missed production targets and deadlines for some models of electric cars. This is understandable the with kind of technology being used and trying to be implemented. Being optimistic like Musk keeps investors interested.

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6. Passionate

Elon Musk is passionate about the technology. He has big dreams that most of us would only consider fantasies only seen in science fiction films. But he is passionate about getting us the future that we have always thought of.  He has the stubbornness to pursue his passions from his young age, and that formed a drive to begin his companies.

​From founding SpaceX with a mission to colonize mars, Tesla Motors that manufactures electric cars, his new venture Hyperloop fast train system with car sleds to transport people at the speed of sound through a vacuum tube, the Neuralink company aimed at connecting the human brain to computer through tiny electrodes, and many more ideas and plans he has in place.

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7. Diverse thinker

Elon Musk is an engineer who has the ability to think and equally design. He is constantly thinking about what he did, and how it can be done differently. The trait of self-reflection is critical to success. He seeks critics, and he is always looking to further his knowledge of science. He reads extensively, gain voraciously understanding, and knowledge. This knowledge plays a role in the success of Elon Musk.

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8. Focus

Elon Musk contemplates fixing world problems and betterment of the lives of many. He takes bigger risks in sight of the ultimate bigger picture of succeeding and to have a positive impact on his work. He is a hardworking and sets standard for his colleagues. Elon Musk has a steady focus and loves what he does. He ensures continuous improvement and is known for being an incredible task manager.

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9. Confidence

Intense self-confidence enabled Elon Musk to handle different companies and positions at the same time, despite facing challenges like missed delivery deadlines, broken cars, failed rocket launches, and economic challenges that come with technology used in advanced aerospace and automotive markets.

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It's the combination of these traits that make Elon Musk the success he is today.

Matt Desch, the Chief Executive Officer at Iridium Satellite LLC, said this about Elon Musk, "For all his grand plans, he's a pretty pragmatic businessman who knows how to build a company."
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Think about it, what would happen in your life if you followed your dreams, took risks, stayed focus, motivated, optimistic, and confident as you work on them? Would you end up like Elon Musk? Let us know in the comment section.

Thank you for reading.
​
Anthony,
​Online Growth Systems.
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