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20 March 2013

Elon Musk at TED

Elon Musk is an extraordinary entrepreneur. He is behind SpaceX and several other ground-breaking companies. Interviewed here for TED he explains how he has achieved such success. It seems that it essentially depends on beginning with sound principles, aiming high and taking risks.

This rocket is landing, not taking off!
Sometimes a truly extraordinary event or person comes along and changes everything. Elon Musk is one of those people.

He was a co-founder of PayPal and sold his share in the company for a considerable fortune.

Wanting to devote his life to things that would solve major issues for the human race, he went on to develop a company building electric cars to reduce our need for fossil fuels (Tesla), a company to dramatically reduce the cost of spaceflight (SpaceX) and a solar power company  (SolarCity) to eliminate the fossil fuel industry.

Elon Musk hopes to make humanity a multi-planet species by making it possible to colonise Mars.

How does he do it? - Chris Anderson, the curator of the TED Talks, interviewed Elon to find out what makes him tick and exactly what it is that has enabled him to succeed repeatedly. Chris would also like to know whether the essential factors can be identified and encouraged in others. Can Elon Musk become a sort of 'template' or guide for success with extreme projects?

The answer is, quite possibly, 'Yes'. The keys seem to be to aim high, take risks, base new ventures on the underlying principles and work up from there. It's also useful to pay close attention to negative feedback from friends.

Watch the interview for yourself. It is short, fascinating, and informative.


Questions:

  • What most astonishes you about Elon Musk's achievements?
  • What is the most interesting part of his thinking? What is fundamental?
  • How might you use the underlying principles in business, church, politics, education... ?
  • What are you waiting for?

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