- Luxury Newsletter
- Posts
- The Man Who Rebuilt an Industry
The Man Who Rebuilt an Industry
The majority of the people laughed at him.
The thought of starting a car company from scratch - let alone an electric car company - was ludicrous. But it did not matter to Elon Musk.
After making millions through PayPal, he could have retired in relative comfort. Instead, he invested much of his fortune in Tesla and SpaceX - two industries where the probability of failure was incredibly high.
He risked everything - he couldn't even afford rent at one point and had to borrow money from friends. Tesla had nearly insurmountable manufacturing issues, SpaceX had dozens of rocket failures, and his critics were waiting for him to crash and burn.
Yet he endured. He kept refining, improving, and moving forward. Fast forward to today, Tesla is worth hundreds of billions of dollars, and SpaceX is changing the game when it comes to space flight.
Watch Musk tell his story: https://www.youtube.com/watch?v=ubACO2Cxqjw
What Can You Learn From Elon Musk?
Risk is necessary to get reward that matters.
People will doubt you-keep going.Innovation comes from unrelenting problem solving.
Most people choose safety.
Musk did not. That is why he changed the world.What bold steps are you procrastinating? Maybe it is time.
To Your Success,
Phillip
Luxury Newsletter