Business mogul Elon Reeve Musk, co-founder of PayPal, Tesla Motors, SpaceX and other companies, has had great ideas for businesses that have led him to impressive success, the investor says there is one thing that all companies crave, but few reach and that is "Innovation".
Musk knows that entrepreneurs have a vision and can execute it at the right time, so he at 48 years already accumulates a fortune of 22 billion and gives some advice for all entrepreneurs to achieve success.
YOU CAN BE INTERESTED: Entrepreneurs need feedback to improve their business
1. The first step is to establish that something is possible, then, with effort, it will probably happen.
2. It is important to see knowledge as a semantic tree, so that you must first focus on the trunk and branches before the leaves and details.
3. Any product that needs a manual to work, is damaged.
4. You can look back and see how over the years, we may be able to talk with other people over a long distance, transmit images, among other things that were only magic and are now reality.
5. Feedback is an important stage for any entrepreneur, as it will give tools to see what you have done and where you can improve.
6. Failure is an option. If you are not failing, you are not innovating enough.
7. You should aim to increase the reach and scale of human consciousness in order to better understand what questions to ask.
8. Being an entrepreneur is like eating glass and looking towards the abyss of death.
9. Creating a company is like cooking, since you must have all the ingredients in the right proportion.
10. Work hard, 80 to 100 hours per week, this can increase the chances of success.
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