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a well thought out critique of whatever you are doing
is as valuable as gold
that third failure in a row
did you think I need to pack this in
never
why not
I don't ever give up
I mean I have to be
dead or completely inpascinated eight weeks later Musk
bet the company on another flight
We have lift off
this time around everything worked. Perfect!
if that 4th launched hadn't worked that would have been it
we would not have the resources to mount a fifth
successful entrepreneur probably come in all
sizes, shapes and flavours
some of the things Ive described alrready i think are very important. I think
really an obsessive
nature with respect to the quality of the product really really liking what you do
what whatever you get in to erm, given that
Even if your the best of the best theres allways chance of failure
so i think it's important that you really like what your doing
If you dont like it life is to short
when my brother and I were starting our new company
And instead of getting a apartment we Just rented a small office and we slept on the couch
We just had one computer
so the website was up during the day and I was coding at night
seven days a week all the time
you just keep going and get it done
You put $90 billion dollars
like 50 years worth of breaks, into
in to solar and wind too
to Solyndra and Fisker and Tester and Ener1
I mean, I had a friend who said you don't just pick the winners and losers, you pick the losers
I'm available 24/7 to help solve issues
call me 3am on a sunday morning I don't care
but his bets payed off, we didn’t just repay the principle,
we actually repaid it with interest and a bonus payment.
Ultimately, the U.S. taxpayer actually made a profit of over $12 million on this loan.
work like hell I mean just have to but in you know 80 hour
80 too 100 hour weeks every week. If other people are putting 40 hour weeks
and your putting
100 hour work weeks you will achieve
in four months what it takes them a year to achieve
An naturall human tendancey is wishful thinking
so a challenge for entrepatures is to say so whats the difference between
really believe in you ideals and sticking to them
versus pursuing some unrealistic dream that doesn't actually have merit
your product or service needs to be much better It can't just be a little bit better
All those things improve the odds of success. I think my drive
is somewhat disconnected from
hope, enthusiasim or anything else
I just...... I actually don't care about hope
or enthusiasm or motivation I just give it everything Ive got
irrespective of what the circumstances may be