Elon Musk’s 10 Principles for Success

I recently watched Evan Charmichael’s video compiling 10 clips of Elon Musk talking about success:

It’s amazing how many of the principles overlap with Jim Collin’s Good to Great (GTG) principles. Here’s a summary of the principles from the video:

  1. Persevere: Never give up. This is reminiscent of the GTG principle “confront the brutal facts, but never give up hope”.
  2. Find your avocation: Do what you love. This is one of the three circles of the GTG “hedgehog concept”.
  3. Don’t listen to doubters: Do what others don’t believe is possible.
  4. Take risks while you are young: Be bold. This is reminiscent of the Built to Last concept of “Big Hairy Audacious Goals” (BHAGs).
  5. Do things because they’re important, not because you are sure you’ll succeed
  6. Do things that really improve your product.
  7. Look for the real problem solvers: if someone really solved a problem, they’ll remember the details.
  8. Attract great people. This is the GTG principle “get the right people on the bus”.
  9. Be great: To compete against an incumbent, it’s not sufficient to be incrementally better.
  10. Outwork the competition. This fits well with the GTG principle of “the fly wheel”.

About jimbelton

I'm a software developer, and a writer of both fiction and non-fiction, and I blog about movies, books, and philosophy. My interest in religious philosophy and the search for the truth inspires much of my writing.
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