The richest man in the world today, Elon Musk, gives people the feeling of a tech madman, and he has run many famous companies. Many technological products that are against the will of heaven have been created. You may be curious whether he is knowledgeable and knows everything. Can create so many things. Anything is hard to reach for ordinary people. If you learn everything, you may have to learn knowledge for a lifetime, not to mention creating advanced technological products.
Then how did he do it? Can it bring us any inspiration? Can we learn it too?
Let’s not look at its current glory for now. Let’s see how he made a fortune first. His first half of his life was quite inspiring, and he studied at the University of Pennsylvania and West Tanford University. Then starting a business, Musk's story of starting a business is no different from that of ordinary people. There is no start-up capital to live a life of money, squeezing the basement. In 1995, he first founded a two-person company, zip2. It mainly operates Internet services, which provide users with convenient search methods. Musk is mainly responsible for program development and his younger brother is responsible for sales. After a period of hard work, the company's operations have been on track. In 1999, the company was acquired by Comepaq for US$300 million. Marx earned $20 million in personal income, a true multi-millionaire.
Then he founded PayPal. A company similar to Alipay. Although there were also twists and turns, it was successful later. Made $180 million. Since then, crazy venture capital has been launched. The investments were made by SpaceX and Tesla. It is also an unprecedented success. Later, I also invested in a series of companies, all of which are quite famous. Have we learned something from his entrepreneurial experience? He is also very skilled, in terms of programming. But besides technology, we should pay more attention to his vision. Maybe you would say he is lucky. Actually, there is one thing.
I think we should pay more attention to the industries it involves. Whether it's PayPal. It's still space exploration or Tesla. In their field, there were few competitors at that time. You can say that they focus on innovation. But he is also a businessman. From a market perspective, he disdains to participate in other people's competition. I am more willing to look for a blue ocean that is not involved in many people. Explore opportunities there. The company he founded or invested in. It is a brand new species in this business society. It's like a rainforest where there is a new species suddenly. He will receive excessive rewards from the laws of nature. With the blessing of capital, this jungle law can be more reflected. In the jungle law, there are excessive rewards for new species and excessive punishment for old species. No matter how advanced human development is, those ancient laws still apply today, especially in the capital market, which can be better reflected.
So I think Max's success is. He created a new species and then received excessive rewards. This may give us young people some inspiration to start a business. We don't have to roll it so hard.
