We are going to see the story,success,failure and life lessons of Elon Musk from his biography.
Personally I realised the real power of introverts and the results of intuitive thinking.
Let's dive right in:
Elon musk is currently the CEO as well as CTO of SpaceX chairman of Solarcity and also chief product architect of tesla motors.
He is the founder of x.com and the boring company and has co-founded openai, zip2, and neuralink.
Elon is a multi-billionaire with a total net worth of 205 billion dollars.
We all know that he is a billionaire he is a successful man and he has established several successful companies.
However, have you ever wondered how did he reach this point? how he managed to sell his first company zip2 for 307 million dollars in 1999 and become the world's wealthiest man in January 2021?
To find out read this blog with an enthusiasm and we will discuss how a bookish introverted boy went from getting bullied in school to becoming a small-time entrepreneur and eventually the CEO of two major companies and the wealthiest person alive on the planet.
Elon musk born in June 1971, south Africa. His mother was a model and dietitian, while his father was an engineer and property dealer.
Here it is worth mentioning that as a child, this man was so lost in his daydreams about becoming an inventor that doctors asked his parents to get his earring tested and when he turned 10 his parents divorced.
Two years later musk decided to live with his father. However he later regretted this decision and in interviews, musk has called his father a terrible human being.
He says that his father had done every evil thing that we can possibly think of in an interview with the rolling stone magazine.
Elon said it was not a good idea while discussing his decision to move in with his father.
During this time Elon developed an interest in computing. This talented man learned computer programming using a manual.
And by the age of 12 Elon had developed a basic video game called "blaster musk" and sold it to pc and office technology magazine for around $500.
We can say that this was the first business deal of this successful entrepreneur.
Musk went to Waterkloof house preparatory school and Bryanston high school. He eventually graduated from Pretoria boys high school.
When Elon was in grade school he was short bookish and introverted and was bullied until the age of 15.
At one time, a group of boys threw him down a flight of stairs, and Elon was hospitalized.
Let me tell you that Elon learned karate and wrestling to defend himself.
After that, musk had planned to enter the US from Canada.
His mother was born in Canada so this was an easy way for him to enter the US.
Musk applied for a Canadian passport and while he was awaiting the documentation, Elon attended the University of Pretoria for nearly five months in June 1989.
Elon finally moved to Canada where he stayed at a youth hostel. He worked odd jobs at a farm and a lumber mill before transferring to the University of Pennsylvania.
Musk graduated in 1997 earning his BS in economics and a BA in physics.
You might also want to note that musk had held two internships in silicon valley back in 1994 and then in 1995.
Elon was accepted to a Ph.D. program at Stanford University California.
However, musk left after only two days and joined the internet boom to launch an internet startup.
Let me tell you that Elon had attempted to secure a job at Netscape. However, he was not accepted for the job along with his brother Kimball.
Then he founded zip2 which was a web software company.
We can surely say that his life was challenging since he could not even afford an apartment. The billionaire was forced to sleep on the office couch.
His company zip2 developed an internet city guide for the newspaper publishing industry.
Elon had said that he was coding in the night for 7 days for a week all the time, the company became successful.
When Elon obtained contracts with the new york times and the Chicago Tribune in February 1999 compact acquired zip2 for 307 million dollars in cash and Elon received 22 million dollars from this deal with this money he went on to establish x.com in 1999.
He co-founded this online financial service.
An email payment company at that time Confinity was competing against x.com, this company had a money transfer service known as PayPal.
Now both the companies decided to merge instead of competing.
In 2000 Confinity and x.com finally merged and started focusing on PayPal.
The next year they renamed the company to PayPal initially Elon was the CEO of this company.
However, disagreements with other executives resulted in Elon being ousted in October 2000 from his role as CEO of Paypal, which was acquired by eBay in 2002 for 1.5 billion dollars in stock.
Elon received 165 million dollars from this deal. in may 2002 he founded SpaceX.
Initially, the company had three failed launches before successfully launching falcon 1 in 2008 which was the first private liquid fuel rocket to reach the orbit of our planet.
His next venture was tesla motors which is an automobile company dedicated to creating affordable electric cars.
Martin Eberhard and mark tarpening founded tesla back in 2003. Elon was one of the first employees of the company and in 2008 musk became the CEO and product architect of this company in 2006. His cousins Lyndon and peter rive co-founded SolarCity.
Elon provided the initial concept and financial capital for this company and by the year 2013, this company was the second-largest provider of solar power systems in the entire us.
Three years later, Elon bought the company for more than two billion dollars during the same year this man founded the boring company and co-founded a neurotechnology startup company called neurallink.
The aim of this company is to integrate the human brain with artificial intelligence.
CONCLUSION:
Currently, he owns 48% of SpaceX and 20% of tesla and in January 2021 his estimated net worth grew to 205 billion dollars and he surpassed Jeff Bezos to become the richest man in the world.
Besides his Networth, we should inculcate much knowledge from this iron man into our life.
And now I'll leave a question to you.
What made Elon Musk achieve his goal? And also tell us in the comments below what you learned from the story of this billionaire.
Meet you in the next blog, until spread positivity and stay connected❣️
Tags:
Inspiring Stories