How Ellon Musk Started In Business
Elon Musk, born in 1971 in Pretoria, South Africa, and now a multi-billionaire tech giant, is quickly becoming the most influential figure of the 21st century. From co-founding Tesla Motors to launching a successful aerospace company called SpaceX, Musk has been revolutionizing the world of energy and transportation with his out-of-the-box thinking.
He is one of the greatest entrepreneurs of our time, that’s for sure. His story is a great one, too. And here are some good news… You can watch it here. There is a popular saying “Sky is the limit”… In the following video, you will see how this super-successful entrepreneur reached not only the sky but also space (literally). The video below is a part of the popular “Bloomberg Risk Takers” series and it will show you how Ellon got to where he is today. You will see not only the bumps and dumps he went through but also some of the most successful moments of his life. You will see the stories of the companies he started, among which are names like PayPal, Tesla, and SpaceX, and where these innovative businesses are going today. It’s a video about changing the world. This guy is so dedicated to changing the world, that he risked several times all of his wealth to save his companies from bankruptcy. This is why this clip is worth watching because it will teach you a lesson or two about surviving in business.
The early life of Elon showed a spark from a young age. He was born in Pretoria, South Africa in 1971, to a Canadian mother and South African father, and moved to Canada at age 17. He excelled in school attending the University of Pennsylvania where he studied economics and physics before transferring to Stanford University. Despite dropping out after two days to pursue his entrepreneurial ambitions; this early enthusiasm embodies an attitude that is present throughout his career.
Musk’s career began with Zip2 – an online platform that enabled businesses to build websites– which he sold to Compaq for over $300 million in 1999. From there he moved onto his next venture – X.com; an online payment system – which later became Pay Pal. In 2002 Ebay purchased Pay Pal for $1.5 billion making it one of Musk’s biggest successes yet.
Musk’s rise to success was fueled by passion and ambition. After founding PayPal, Musk decided he wanted to make a difference in the world, so he channeled his resources into researching renewable energy sources and affordable electric cars. This drive to use technology to solve global problems resulted in Tesla Motors, which soon became an automotive powerhouse due to its sleek design and green alternative to internal combustion engines.
Realizing that human space exploration wasn’t progressing as planned, Musk founded SpaceX intending to reduce costs and improve the reliability of the space travel industry. Starting from scratch, Musk figured out how to build rockets from the ground up – designing them using active flight control systems like those pioneered by SpaceX and even creating their own fuel source.
Musk’s latest projects are centered around artificial intelligence (AI) which he believes will be beneficial for humankind if used properly. In July 2016, he opened OpenAI with about $1 billion dollars worth of research funding, which aims at achieving human-level AI excellence across many disciplines such as robotics and natural language processing.
In his own words: “We’re really quite close to achieving a General Artificial Intelligence, so I think it’s important we act responsibly with it.” As technology continues advancing rapidly at breakneck speeds, it is comforting to know that Elon Musk is there to guide us through all the potential pitfalls with his enlightened vision for the future. We can only hope that all the work and investment he has put into renewable energies and space exploration will result in positive change in our world.
Elon Musk has pushed boundaries like few others have done before him across various industries – from automobiles and aerospace manufacturing to visionaries such as SolarCity – all of which show Elon’s commitment to developing sustainable energy solutions for the future. Although there have been many naysayers saying “it can’t be done ”; Elon has constantly proved them wrong with Tesla, SpaceX & SolarCity leading the world towards a greener future. His sheer determination coupled with an unstoppable ambition positioned him amongst some of humanity’s greatest innovators & entrepreneurs who have shaped our global landscape like no other.
A short biography of Ellon Musk