Elon Musk Shocks with Bold Claim: “If You Want to Get Rich, Don’t Miss This Investment!” The Billionaire Insists Success Is Inevitable—But What Is It? Heated Debate Erupts: Is Musk’s Secret the Opportunity of a Lifetime or Just Another Hype Tactic? Social Media Explodes with Opinions!
As the richest person in the world, Elon Musk’s financial advice always carries certain values.
Elon Musk is currently the richest person in the world with a fortune estimated by Forbes of $397 billion. His journey to wealth began as a co-founder of the payment platform PayPal, but Musk’s name is now associated with electric car company Tesla and the giant in the construction of rockets and spacecraft SpaceX.
However, Elon Musk does not come from a wealthy family. His childhood in South Africa was difficult. Musk worked many jobs in his twenties, even at one point having to sleep in the office for three months.
With willpower, extraordinary thinking and luck, Elon Musk has built a huge fortune at a record speed. Therefore, Elon Musk’s financial advice always brings certain values to those who want to find a path to success.
Not just for money
In his speech at the California Institute of Technology graduation in 2012, Elon Musk once said that his goal is not to get rich, but to make a positive impact on the world.
After leaving PayPal, he asked himself: “What will affect the future of humanity the most?” He does not focus on making money, but looks beyond what really brings long-term meaning to people.
From there, he founded Tesla with a mission to accelerate the transition to sustainable energy. He said that this is a key factor to prevent the climate crisis. Concerns about greenhouse gases and climate change also prompted him to found SpaceX with the goal of helping humanity “live on multiple planets and replicate the Earth’s ecosystem.”
The lesson learned here is to pursue a job that creates positive value and money will come.
Invest in yourself
Elon Musk is someone who always asks himself how to improve and get better every day.
At the age of eight, he spent 10 hours a day reading, to the point that he read all the library books and then went on to read the entire encyclopedia Britannica. From an early age, he focused on learning and investing in himself.
At the age of 12, Musk taught himself programming and sold his first video game for $500. After earning a double degree in physics and economics from the University of Pennsylvania, he began his entrepreneurial path.
The first success came in 2002, when eBay acquired PayPal, Elon Musk received $180 million. Instead of stopping with that money, he reinvested heavily in projects such as Tesla, SpaceX and others.
The beginnings of both Tesla and SpaceX were very arduous. Tesla nearly went bankrupt during the 2008 financial crisis, and SpaceX has repeatedly failed to launch rockets. However, Musk still persisted in spending money out of pocket to maintain operations.
That effort finally paid off. SpaceX and Tesla have both become leading companies in the United States. Elon Musk’s wealth has accordingly increased exponentially.
Perseverance in work and not afraid of failure
Elon Musk is famous for being a workaholic. He once said: “Perseverance is a very important factor. Don’t give up unless you’re forced to give up.” According to him, to be successful, people have to “work crazy”.
Elon Musk thinks that if someone else works 40 hours a week, he does 100 hours. Thus, even if you do the same work, you will achieve results in 4 months instead of 1 year like them.
Elon Musk’s path to success is not paved with roses. He was once excluded from the two companies he founded, Zip2 and PayPal. Tesla and SpaceX were on the verge of bankruptcy. But he did not give up. Musk learns from his mistakes and keeps moving forward.
Looking at Elon Musk’s journey, anyone can find inspiration to reach their goals. No matter where you start, investing in yourself, pursuing something meaningful, and perseverance is always a sustainable path to success.