Within every generation, there are some individuals who transcend expectations and seek to innovate beyond all preconceived boundaries. Elon Musk is one of those individuals, and he’s currently valued at $11.9 billion.
But how did this South-African born entrepreneur make his way into virtually every technological industry on the planet? How did he become the space-traveling, futuristic car selling, loudmouthed computer genius we all know today?
Elon Musk took an interest in computing and innovation from a very young age. By his thirteenth birthday, he had already taught himself programming, constructed a complex space-themed computer game, and sold it to a large corporation. After moving to the United States and earning a bachelor
…show more content…
And if that wasn’t enough already, Musk refused to take a steady job at a company, but rather build his own. He completely ignored the fact that eight out of ten new businesses fail within their first five years (Forbes) - in other words, that the odds were not in his favor. But the notions of progress, innovation and wild success were so pivotally important to Musk that he truly felt that this was his calling. He and his brother Kimbal soon created Zip2, an Internet software product that allowed newspapers to create city guides for their readers. After four years of expansion, including contracts with The New York Times, Musk and his associates sold the company for a whopping $307 million. At just 28, he was already a millionaire on his way to defying even more odds and pursuing important goals.
“I always invest my own money in the companies that I create. I don 't believe in the whole thing of just using other people 's money. I don 't think that 's right. I 'm not going to ask other people to invest in something if I 'm not prepared to do so myself.”
Musk never half-committed or submitted to being unsure. After his success with Zip2, he invested virtually all of the money he had earned into his next venture, this time focusing on online payment services. While many questioned his logic, Musk subsequently succeeded in merging with a company who would
Within every generation, there are some individuals who transcend expectations and seek to innovate beyond all preconceived boundaries. Elon Musk is one of those individuals, and he’s currently valued at $11.9 billion.
Steve Jobs as young man, was adopted and found his interest in technology with his father. Nonetheless, with his profound interest in technology he eventually met his future business partner, Steve Wozniak and created the first apple computer in his very own garage. In a free enterprise system, Steve Jobs was given the ability to be able to conduct his own technological advances and co-found a multi-billionaire business.
Free enterprise helped Musk build his empire and fulfill his dreams. He had to prove to people why they needed his product and why they would want it. His goal is to make people stop using fossil fuels and find an alternative power source. He created the Tesla. At first people didnt think that Tesla was going to be as successful as it has become.
As a new company he and his partner did very well within the first 18 months, working constantly and diligently. By the time 18 months went by, he and his partner had made over a few hundred thousand dollars (Leaders of Info 2). They made this money by selling their software to big companies such as Apple and Commodore as well as many little companies (Leaders of Info 2). A very
Bill Gates first took an interest in computer programming when he was 13 years old, while attending school. The school used funds from sales and donations and was able to purchase the students an ASR-33 Teletype terminal and computer time on a General Electric computer terminal. Bill, instantly intrigued, was able to get excused from his regular classes to work with the computer. Bill, then, gained his interest in computer programming. He was able to develop a program where the students could play the computer in a game of tic-tac-toe. This was the beginning of Bill Gates career (Bill Gates, 2011).
II. Tie to the Audience: For me, Elon Musk is one of the most unique people living today. The creator of the most popular online payment system in world, which is PayPal, the first mass electric car Tesla, one of two in the world non-governmental space companies SpaceX and Mars colonization project.
In 1970s, with the help of his friend, Gates developed a device, Traf-O-Data 8008. The consumer edition was marketed to the local county, but the demo failed, because the machine didn’t work. Although their first product failed, they never gave up on their dreams of becoming a software developer. They kept on trying, and eventually created Microsoft Incorporation, which is one of the world’s largest and most valuable company today. (Gates) People, including Bill Gates have failed at the point or another, but because they kept on working, they eventually became successful.
Tesla Motors are noted to have personnel with a unique expertise in their field of work. These individuals help in carrying out activities that lead to the great performance of the company. The various innovations applied by these people is what led to the better performance of the company. Elon Musk along with taking over the leadership of the company brought about his experience in the firm and this was to influence the future performance of the company. Elon masterminded the designing of the Roadster and also included the marketing of the ordinary vehicle in the goals of the company (Hunger, 2010). This was something which had not been done by those who were there before him and thus his
He began looking for rockets which were very expensive, so he decided the better option would be to make his own. This is when the Falcon 9 project began. This was their very own rocket that would take satellites to space for other companies privately. It took 4 attempts and millions of dollars to get the rocket into orbit. They were constantly being criticized by the government and other companies, but they proved the whole world wrong.
1. With his newfound wealth Musk went on to found SpaceX, a company with the intent of establishing commercial space travel.
Elon Musk is widely known as one of the best entrepreneurs in our time. That is because of his success in various industries such as automotive, aerospace, solar energy, satellite, financial services, etc.
Bill Gates is not only a genius, but also an innovator in education, technology, and philanthropy. A prodigy, Bill Gates shares an education fact with Abraham Lincoln, Henry Ford, Thomas Edison, and even his competitor Steve Jobs: no college degree. Instead, he devoted his time to his passion for technology, going on to create the most profitable technology company in the world. For much of the past decade, Gates allocated both his profit and attention to philanthropy. Evidence of his innovation, industry and curiosity can be seen at an early age.
He sets lofty goals and sets out to achieve them with great speed”. It is a fact that Musk was considered as the inspiring and visionary entrepreneur having astronomical willingness and ambition for investing his own money on different problematic business ventures.
After living a few months from his money he wanted to go on because he still needed something that would change the world and that was his biggest motivation. He wanted people to believe in his ideas. So he went on with is developing and started the business that became Paypal to make electronic cash transverse go faster. This innovation transformed the financial industry, which we still use today. The company was sold to eBay for 1,5 billion and Musk received 165 million. He could buy anything with
And that Elon Musk has been an entrepreneur who began to amass his fortune just finished the race and has been present, or still is, in leading technology companies with a large business acumen from the internet into space, and, of course, the cars, the subject at hand. If you want to hear more about the history of this visionary do not fail to read the article we published in Future Motorpasión.