Why is Elon Musk So Profitable? It All Comes All the way down to These 5 Key Character Traits



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Opinions expressed by Entrepreneur contributors are their very own.


We are able to rattle off ’s accomplishments in our sleep: co-founder of financial large ; founding father of , the electrical automobile firm that’s actually altering the world; and founding father of , the corporate that’s attempting to take us out of this world and colonize one other. We are able to additionally absentmindedly rattle off a stream of adjectives that describe him: innovator, chief, genius, visionary, futurist, entrepreneur.

However can we describe why Musk is the best way he’s? And might we not solely quantify these issues that make Musk so profitable, but additionally start to embody them in our personal lives? This would possibly be just a little bit harder to do, however I believe it is doable.

I’ve spent a lot of my skilled life working with extremely excessive performers, and though all of them impress me to no finish with their abilities, habits and , they don’t fairly attain Musk’s degree. For a while now, I’ve been assessing Musk and have outlined 5 completely different causes that specify why he is so profitable. I’ll speak about them right here.

Associated: 61 Books Elon Musk Thinks You Ought to Learn

“No” means nothing

There’s an anecdote Musk’s first spouse tells of him again in school. He obtained a 98% on one in every of his checks. Being a perfectionist, he went to his professor and acquired them to alter his rating to a 100%. Now a lot of you’ll learn this and assume: Why? What’s the purpose of doing that? I might have been proud of a 98%. I really feel the very same method. However this small, easy element is a defining one. 

You see, the two% that separated Musk from his present rating and perfection sounded to him like a large “no.” However he wouldn’t take no for a solution. Even when it was for two%. That 100% meant sufficient to him that he put himself in a probably awkward scenario, talking together with his professor, and had the laborious dialog that many individuals draw back from. Ultimately, he acquired his method. Why? As a result of “no” meant nothing. 

If we will overcome the preliminary worry of being informed “no” and perceive that no actually means nothing, we’ll be higher for it. What number of alternatives are misplaced due to our worry of asking? 

Associated: A German Scientist Predicted {That a} Particular person Named ‘Elon’ Would Lead People to Mars

A singular, unblinking focus

Musk has perfected the artwork of remaining centered. Actually, there was a time throughout Tesla’s infancy the place a selected downside wanted fixing, so Musk would sleep below his desk and work 75-hour weeks till that downside was solved. 

He didn’t take into consideration anything. He wasn’t distracted by different, tedious duties. All he centered on was the duty at hand. Now have a look at Tesla: it’s a booming large that’s altering the automotive world. It actually wouldn’t be that method with out Musk’s unblinking focus on the forefront. 

This focus has allowed Musk to good the artwork of getting right into a “circulation state,” “the psychological state wherein an individual performing some exercise is totally immersed in a sense of energized focus, full involvement and pleasure within the means of the exercise.” This circulation state is simply achieved when the individual can carry out undistracted by different, less-significant duties.

Consider your individual work life and the best way you go about your day-to-day duties. How typically are you distracted? How typically does one thing small in scale pull your consideration away, making you much less productive and fewer efficient? How will you schedule your day so you possibly can full one job, then transfer to the following, successfully, excitedly and purposefully?

Work ethic that feeds on ardour

One other issue that helps Musk get into and stay within the circulation state has to do with the standard of labor he’s doing. Musk is an ideal case research for somebody whose work ethic is fueled by his ardour. He loves what he’s doing, as a result of he does what he loves. His ardour for his work is so intense that it fuels late-night shifts, motivates 80-hour work weeks and, like we talked about within the final part, sleeping below his desk. 

The reality is, if we’re passionate — or discover ardour — within the work we’re doing, work stops feeling like work. It turns right into a mission or sport, and we discover ourselves having fun with what we’re doing. Eighty-hour work weeks don’t really feel like work weeks, as a result of our ardour is fueling us.

Associated: When It Involves Investing, Do You Suppose Like Warren Buffett or Elon Musk?

Considering massive by considering small

Lots of Musk’s grand concepts come from small questions. How will we make California transit extra handy? A railroad. An electrical railroad. An electrical railroad that goes via an unlimited tunnel, dug into the aspect of a mountain. The preliminary query is at all times small, then the solutions develop progressively greater. He then takes every reply to the query and makes an attempt to flesh it out in the absolute best method. The Musk method. 

So discover a small . Give the apparent solutions, then put your spin on these solutions and pursue them with tenacity. Massive concepts at all times come from small considering. 

Wholesome, unflinching depth

Musk is clearly intense. Actually, every of the 4 traits we’ve described above are solely cultivated by those that have a certain quantity of depth. Nevertheless, Musk does it in a wholesome, constructive method. 

I’ve recognized too many individuals who try to convey a certain quantity of depth to their work and burnout, break down or go too far. They push folks out, spiral uncontrolled or find yourself underperforming dramatically. 

I consider Musk’s capacity to healthfully keep his depth comes due to his circulation state mindset, his ardour for his work and his absolute focus. 

Associated: Elon Musk Responds to a Request From a Tweeter Who Despatched Him the Identical Message 154 Occasions



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