The Real Story Behind Elon Musk’s Success

Elon Musk's successful career, personality, and way of doing things make him one of the great inspirational leaders of the 21st century. Elon Musk is best known as the Chief Executive Officer (CEO) of electric car manufacturer Tesla, Inc., and as the founder and CEO of aerospace manufacturer SpaceX. This article explores Musk’s journey towards achieving success as one of the world’s top businessmen.

Elon Musk was born on 28 June 1971 Pretoria, South Africa. His mother Maye was and still is a model originating from Regina Saskatchewan, Canada. His father Errol Musk was a South African-born electro-mechanical engineer, sailor, and pilot. He also has a younger brother and sister.
Elon Musk developed his interests in computing at the age of 10 and started learning basic Computing. At the age of 12., he developed and sold a game for the Commodore VIC-20 called Blast for $500.

Elon as a child was influenced by the Sci-Fi novel - Foundation series, written by Isaac Asimov who is an American writer and professor of Biochemistry. This novel offers a form of science called psychohistory in which the researcher predicts future societal events and catastrophes by studying patterns of the past. It's possible that Musk's interest in space exploration technology developed by reading this science fiction series.

At the age of 15, he was bullied severely by many of his classmates since he was the youngest and the smallest kid in class for years. This led him to take a step away from his studies and pursue Karate and Judo training in order to defend himself. At the age of 17, Elon left South Africa to attend further education at Queen's University in Ontario, Canada. After pursuing double graduation in economics and in physics, he joined the University of Pennsylvania to study business and physics. In 1995, he enrolled in for Ph.D. in energy physics/materials science at Stanford University in California but dropped out after two days to pursue a business career.

It was at that time when the internet was new and booming. Just like the Internet took the attention of worldwide people, it too took the attention of Elon. In 1995, Elon along with his brother Kimbal Musk founded their first company Zip2 Corporation that would provide content related to online city guides for the new websites of The New York Times and the Chicago Tribune. By 1998, the company had partnered with about 160 newspapers to develop guides to cities, either locally or at full scale. According to the chairman and founder Elon Musk, twenty of those newspapers led to full-scale city guides. At the age of 28 years old, he sold Zip2 company to PC-maker Compaq Computer for $307 million.

If some other person got that much money, he will spend it mostly on luxuries but Elon invested the money in his new venture that later merged with an American software company named Confinity - later as PayPal. This website offered an online money transfer service via email. Elon Musk was the company's largest shareholder with over 11% that would bring him roughly 165 million alone. With this amount, he founded another venture which was more closer to his heart "SpaceX". It is believed that it's his interest in space exploration and his vision of colonizing Mars and living on Mars led him to establish a new company that would design, manufacture and launch  world's most advanced rockets and spacecraft that is being supplied to NASA. As of now,  SpaceX  has became the first ever private company that will launch a manned flight to ISS (International Space Ship) that is supposed to take off in May 2020.

After founding SpaceX, Elon had his sights on the motor industry and hopped on board with Tesla Motors in the year 2003. Since Tesla was bankrupt, Elon didn't missed the opportunity and invested. In 2015, Tesla got famous for purely battery-operated plug-in electric cars and one of the world's most popular and coveted car brands. In an interview, Elon Musk said, “If something is important enough you should try even if the probable outcome is failure.” If you care about something, you should put every effort into following your dreams. At the same time, be ready in case it doesn’t work out. It’s easier to recover from a failure if you already have a backup plan. There’s no crystal ball for success.

Image Source: By Prime Minister's Office (GODL-India), GODL-India, Link

Now Elon Musk Net Worth is US$31.8 billion and all this because of his 'never give up attitude' and his  extreme hard work as he works 80-100 hours a week that brought him immeasurable success.
Elon seems to have an innate ability to do whatever he sets his mind on. What sets him apart though was his forward thinking Where most people would develop and hold onto an idea. Elon would sell his and invest in something else greater. Elon Musk is very much perceived as a technical wonder. In fact, he provided a large amount of inspiration for Tony Stark, the Hollywood character in Iron Man.

No matter what are your goals in life, adopting the habits and mindset of Elon Musk will help you get there. The extra effort you make today will have a big impact tomorrow. So what do you think about Elon Musk and his plans for the future? Do share your views on Musk and how he inspires you.

Share with your friends

You can subscribe to our blog or follow us on social media to get notified about the new posts.
Cookies used on the website!
We and our partners use cookies to personalize content and ads, to provide social media features and to analyze our traffic.
You consent to use of these cookies if you continue to use this website.
Learn more »