I can consider you that you want to become rich like Mukesh Ambani (Indian Billionaire) in your near future if you have found out this article on the internet & clicked on the link to read this article. I want to congratulate you that if you are reading this article & if you can believe that you can also be a crorepati in your life, then you have taken your first step towards your crorepati journey. The next step is to read How to become a billionaire in India, creating a road map of becoming a billionaire from Zero. If you are a teenager, you should read 16 To-DO Lists you should follow at your early age (20s) to become a CrorePati. Also, Becoming a crorepati if you belong to a middle-class family, the article summarizes all the articles that will help you be a Crore Pati in terms of mental and physical.
So enough introduction & let’s come to the topic. So, who is Elon Musk? This question seems crazy because in this digital era, most probably we all connected through the internet 24*7. And if you are connected through the internet; then there is a high chance that you have at least once heard the name “ELON MUSK.” Ok, If you have not heard about him, don’t worry.
Elon Musk is a serial entrepreneur and a business magnate, industrial designer, and engineer. He is the founder, CEO, CTO, and chief designer of SpaceX; early-stage investor, CEO, and product architect of Tesla, Inc.; founder of The Boring Company; and co-founder of Neuralink and OpenAI.
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Why do I have selected Elon Musk as a perfect example to learn about entrepreneurship skills to becoming a billionaire from zero?
Before going forward, if you read the autobiography of Elon Musk then you can easily understand that how Elon Musk become a billionaire as a teenager.
Also, becoming a billionaire from zero, Elon Musk is a perfect example because when an entrepreneur runs a business or a company. If you read some entrepreneur’s interview, they always suggest, it’s better to invest our hard-earned money & valuable time in one goal so that it will be easy to achieve that goal. But Elon Musk is a different kind of person. Actually, there is a doubt Is he a person or an Alian. Don’t be amaze. Its also confirmed by Elon Musk himself through his one of the tweet.
It happens when our beloved Kunal Shah (Founder of Cred) asked Elon Musk that how he has running 4+ 500 billion companies simultaneously at a relatively young age & generating billionaire business ideas then Elon musk replied by tweeting that he is an alien.
In another tweet, also he has confirmed that he belongs to the aliens’ category.
Jokes A Part, When we talk about learning entrepreneurship skills, who will be better than Elon Musk? Please don’t take it wrong. I am not saying that Elon Musk is the only successful entrepreneur globally, but he is one of the most successful entrepreneurs in the world like our Indian billionaire Mukesh Ambani. If you want to become a billionaire with no money, this article can be a life-changing article for you.
Elon Musk is hailed as the most creative entrepreneur after Steve Jobs. The critics belonging to the media and technology argue that making this comparison is wrong as their aspirations are entirely different. The generation gap separated the two creative minds of our generation. In the review of Musk’s biography by Ashlee Vance done by the New York Times, the words are powerful enough: “Any reader will sense the need to put comparisons to Steve Jobs aside. Give Musk credit. There is no one like him.”
SpaceX, Tesla, and PayPal are just some of the few achievements of Elon Musk that made him a renowned entrepreneur worldwide. There are several traits and habits of influential leaders that Elon Musk boasts of. This article will cover ten entrepreneurial characteristics that make Elon Musk stand out from the crowd.
So, before going ahead with the skills you should learn from Elon Musk, I want to confirm that to become a crorepati, it is not required that you have to be an entrepreneur or a businessman. If you are doing any 9 to 5 job then also it’s possible to become a millionaire with proper earning & investment strategy & Consistency. And the skills you are going to learn from Elon Musk will help you in your business or job and make you a better human being, which will lead you to success.
Elon Musk also a real human being & before making any vital decisions, he also thinks about our mother nature & also donates where donations are actually required for our better future.
As an example, Elon Musk once tweeted he will donate $100M towards a prize to provide the best carbon capture technology. Can you think that why Elon Musk is ready to contribute this much amount of money to carbon capture technology?
Because maybe there is some controversy on carbon capture technology but what we can understand from carbon capture technology is Climate Change is among the most pressing issues facing human society today. Even though the science of climate change is complex, many studies have shown that the burning of fossil fuels is a significant contributor. To reduce climate change and create a sustainable society, we should move towards a low-carbon society. One sustainable energy technology that has emerged as a potential solution and renewable energy is carbon capture and storage (CCS).
Also, recently Tesla has suspended vehicle purchasing through bitcoin & the reason is Elon Musk is concerned about rapidly increasing fossil fuel for bitcoin mining & transactions, especially coal, which has the worst emissions of any fuel.
Tesla and SpaceX CEO Elon Musk has donated $5 million to e-learning platform Khan Academy.
So, You can understand that how much he cares about our mother nature. Now let’s check the skills you should learn from the great business magnate Elon Musk.
Creativity to become a billionaire as a teenager
This skill can be attributed to him but let me explain why. When it comes to starting ambitious projects that revolutionize a particular industry, Elon Musk takes the lead. He began by selling a computer game, coded himself, to a firm for $ 500 at 11 years. He made PayPal and stuck to it in the face of severe criticism even when most of his colleagues backed out.
There are numerous other aspects about which I would need another article to explain the creative skills of Elon Musk and how he incorporated them in all of his projects. He is fast changing our lives and reshaping our future.
Ability to Learn to become a billionaire from zero
Elon Musk has a fantastic ability to learn new things and apply them to projects. As a kid, he uses to read encyclopedias and other books just for fun. It turned out an excellent habit as he gained interest and then considerable knowledge about programming, physics, and rocket science which helped him set up the business empire he has today. So the ability to learn quickly is the key for any budding entrepreneur to succeed in today’s dynamic business environment.
Being Ambitious to become billionaire as a kid
In some cases, just being creative is not enough until the person is ambitious enough to go about it with full conviction and grit. Elon Musk was always driven by the need to do the right thing, not keeping the current trend in mind. Musk has been compared to numerous great entrepreneurs of the last century like Howard Hughes, James Cameron, Sir Richard Branson, etc. So being ambitious is good, especially for young people to make it big in life, and Musk has always been ambitious to the core.
Turning Vision into Reality to become a billionaire in India
One common trait among successful entrepreneurs is the ability to turn their vision into reality. Like all the top leaders, Musk shares his vision with his team responsible for product or project development. It then makes people believe his projects are not only revolutionary but viable as well. Countries like the UAE and Sweden have already taken up the concept of the Hyperloop. And the State of California is already thinking of using the Hyperloop for the high-speed rail link between Los Angeles to San Francisco, which is a real achievement for Elon Musk.
Hard Work to become a billionaire in 10 years
While most of us work hard to complete the tasks or work assigned to us, Elon Musk takes it to a different level. Musk works for over 100 hours/week, that’s over 14 hours daily, including Saturday and Sunday! He has been doing this for many years and cites this for his success in virtually everything he does. He sets the example for others, especially for the workers of his company. This can be termed as the benchmark in the technology industry as he shows the way for others to follow.
Innovation to become a billionaire as an overnight
Along with Tesla, SpaceX, and PayPal, Hyperloop is fast becoming the next frontier in the making distant traveling a thing of the past. It will be a breakthrough like never before, with a speed of up to 760 miles/hour. This is called pure innovation, to invent something no one has ever thought of or ventured before. The energetic and ambitious personality of Elon Musk is also responsible for his many innovations as he looks to make his way in creating products/services. His mission is to make this world a better place to live.
Inspire your target audience by creating brand awareness to become a billionaire
Creating brand awareness among your target audience is critical to success in today’s marketing-oriented world. Elon Musk knows that very well. Like his other projects, the brand Tesla has come a long way and now is among the best electric cars on the market. He made sure his brand is everywhere by charging stations, a Supercharger network of stations, and destination charging by providing high-powered wall chargers in high-end hotels, up-market restaurants, resorts, shopping malls, etc. And all these things have made sure his brand is recognized all around the world.
Serial Entrepreneurship to become rich like Mukhesh Ambani
Elon Musk’s name is synonymous with new projects regularly. Apart from the task he has already completed, many projects in the loop can be termed as the game-changer once they will be completed. Solar City is one project which can become the largest electricity provider for the North American people. This is a humongous task, and Musk isn’t afraid to put in all his effort and a hefty sum in making this dream come true. This is one of the reasons for all the success he has to date.
Sacrifice is the key to how an entrepreneur becomes a billionaire
Like most entrepreneurs, Elon Musk does not get enough time to spend with his family, which includes six young boys. He has made many other sacrifices, too, to make his projects stand in terms of quality and effectiveness. After the initial success of his projects like PayPal, he invested his savings in the projects he started. It takes a big heart to invest the money you have earned through hardships in a new project without guarantee success. So you must be ready to sacrifice many things dear to you if you want to become a successful entrepreneur.
Motivate the Workforce is the best way to become a billionaire
The top management of all the projects run by Elon Musk comprises experts in the industry. It doesn’t mean that he hired the best people from other countries by offering lucrative packages. The prime example is Gwynne Shot well, Musk’s right-hand woman, and has been working with him for a long time. Musk knows how to motivate and retain the best talent in the industry to remain with him and work with commitment and zeal to make it count.
Conclusions to become a billionaire with no money
Now you have understood what entrepreneur skills you must have to be a successful entrepreneur. Suppose you are thinking of being successful in any industry & If you have already decided that you will not do 9 to 5 jobs every day for someone who doesn’t know you. And you will build something of your own by putting all your knowledge, skills, etc., then making these entrepreneurship skills in you from a very early age. It will help you in the long run.