I Read Elon Musk’s 615 Page Autobiography. Here Are 7 Lessons I Learned About Business and Life. ( Take notes ↓)
1/7: Mission Over Money Elon Musk starts with a mission, then finds a business model. He's passionate about making big societal impacts. But, can you pursue great missions while also treating people with respect? Yes, because dedication outshines desire for money.
2/7: Manic Incrementalism Elon obsesses over product improvement, embodying relentless pursuit of efficiency and rapid iteration. Small, consistent improvements stack up, proving the power of persistence. Aim for the 1% better every day.
3/7: Clear Thinking Musk uses mental models to cut through complexity. The "idiot index" and a five-step algorithm keep his businesses lean and efficient. Simplify, then simplify again. Complexity is the enemy of scale.
4/7: Know Your Game Building a business doesn't mean following Elon's path to Mars. Define success on your terms. Maybe it's a lifestyle business that gives you freedom. Understand your game to avoid chasing unwanted victories.
5/7: Embrace Failure SpaceX's initial failures led to historic success. Failure teaches invaluable lessons. If you're hesitating to start something new, remember: progress beats procrastination. Start now, learn, and iterate.
6/7: Question Everything Most rules outside law and physics are flexible. Challenge norms to achieve extraordinary results. Following the crowd leads to average outcomes. Dare to be different.
7/7: Scale is Key Success isn't just about the product, but the ability to produce efficiently on a large scale. Consistency in action is crucial. Keep pushing; every six months of steady effort sets you ahead of the pack.
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