Best quotes by Elon Musk on business, wealth, space, and America

Over the past few years, Elon Musk’s reputation has skyrocketed. Despite occasional troubles with Tesla Motors and the crumpled success of the Falcon mission, his personality is at the absolute top on Quora today, ahead of Steve Jobs, Mark Zuckerberg, and Bill Gates. The founder of SpaceX, co-founder of PayPal, the head of Tesla Motors and SolarCity is absolutely restless. Despite the fact that he handles millions, Musk does not have time to enjoy his wealth, because he works all the time. AIN.UA has selected the 20 best quotes from various interviews, which, perhaps, can inspire our readers on the way to their dreams.

About business

• In fact, I didn’t expect to be able to make money. It was enough for me to earn enough to cover the rent and buy some food. But in the end, it all turned out to have value.
• There is a graveyard of previous attempts, a large graveyard. And there must be some freshly dug holes on it that are waiting to be filled. We strive to avoid this.
• Speaking of business, I think it’s best to start at the lowest point and enter the market at the peak than the other way around.
• I want to make sure we can survive at least three consecutive failures. If you want some luck in the automotive business, start big.
• When Henry Ford created cheap and reliable cars, people said, “No thanks. Why are horses so bad? ” He risked everything and it worked.
• Starting and growing a business is much more dependent on the innovation, drive, and dedication of the people who make it than on the product they sell.
• I think this is a mistake and it leads to ghostly conclusions regarding technical problems. They can’t tell what is really good or bad, so they just do what everyone else does, thinking it’s a safe bet.
• If you have millions of dollars, it changes your lifestyle – those who say otherwise are blatantly lying. I don’t have to work in terms of standard life, but, you know, I work. I work every day and on weekends, and I haven’t been on vacation for several years.
• We have to figure out how we can get what we love without destroying the world.
  Even if a zombie apocalypse happens, you can still travel thanks to gas stations and Tesla Supercharging.

About hiring

• I think it is wrong to hire a lot of people to do a difficult job. Quantity never makes up for a lack of talent in finding the right answer. Two incompetent people are no better than one. Because of this, the process will be infinitely long and expensive.
• My approach is to find very talented people, make sure the environment at SpaceX is as inspiring and motivating as possible and set clear and measurable goals.
• I’m new to the business, but not my team. I would say that history has not seen a space company better. I don’t think there has ever been a group of such talented people gathered in one place, in one company, working on a rocket.

About space and rocketry

• There is nothing particularly expensive about rockets. It’s just that those who have built and maintained them in the past have done so terribly ineffectively.
• I enjoy participating in projects that change the world. The internet did it, and space is likely to change the world more than anything else. If humanity can go beyond the Earth, it is obvious that there will be its future.
• If we can become one of the companies that will make humanity a multi-planetary species, that will be the Holy Grail. It sounds a little incredible, but it will happen if people create the necessary prerequisites for this. We are moving towards a great philosophical goal while doing a high-profile business.
• We are used to things getting better every year: every year we buy a phone better than the previous, best laptop. We expect the new car model to be better than last year’s. But in space it doesn’t work: reliability and cost – fundamental parameters of transportation – have not improved.
  Sooner or later, we have to go beyond our little blue ball or disappear.

About moving to the USA

• If you wanted to be closer to the heart of the tech world, you went to North America.
• I’m sickeningly pro-American. This is the place where great things become possible.

Also, Read this: NEED TO BUILD YOUR BUSINESS? HERE IS ALL YOU NEED TO KNOW