How Elon Musk Plays the Game of Entrepreneurship
Everyone, in this video, I'm gonna show you how Elon Musk plays the game of
entrepreneurship. I'm Eric Siu and I'm here to show you how to grow your
business but before I do hit subscribe Elon Musk, superstar entrepreneur, Tesla
SpaceX PayPal but before he did all that let me tell you what he did he was a kid
that grew up in South Africa I got beat up all the time got bullied all the time
and his soulless kind of the the area that he went to kind of escape is by
playing games he played a lot of games growing up and even to this day he still
plays games the first kind of company he started was actually a video game
related company and it he also built a agency as well so he started the video
game company you know that didn't work out that well I mean but at least he
learned a lot right I think he also did something around pinball's and that
moved on to the next thing what happened after that was that he decided to move
into things such as PayPal but each and every step he started with the the
gaming company then he went to the agency then he went to start X which
then merged with PayPal to form it to PayPal and then what he did afterwards
was he decided to play the next game right the next game was taking the 170
million or so that he got from PayPal those proceeds put a hundred million
dollars into SpaceX put 60 million into Tesla right and then put it put a
certain amount into into Solar City right I don't know the exact numbers but
I'm showing you that basically he went all-in and he went to live on somebody
else's couch for a while so even after having that windfall doesn't need to
work a day in his life ever again he decides to bet on these other companies
Tesla almost went down SpaceX almost failed I mean he had to basically
they're down to the last rocket before they're gonna decide to give up Solar
City eventual was required by by Tesla that was founded by one of his his
relatives but everything all ties together like he decides to bet on the
next thing but in order to get to the next level to where he's at the real
life Tony Stark he had to start somewhere small and then he got to the
next stage and got to the next stage and it just kept working now he has you know
different companies that are changing the world when you have reusable rockets
coming back into space when you have electric cars when you have a solar city
you have Tesla building it's not just a car company it's a battery company when
you have that kind of vision it takes a lot of grit it takes a lot of kind of
you just have to have a lot of courage to be able to do that so
Elon Musk didn't just you know he wasn't a rich kid growing up at all he had to
he had to earn you know he had to take his whippings and then he had to
basically get to the next level so what I like looking the way I look at
entrepreneurship is always just taking the investments and reinvesting and
moving on to the next thing because I see I see entrepreneurship as just this
game that's really fun to play and you know if I'm gonna play this game at the
highest level I'm just gonna keep on reinvesting I'm moving on to the next
thing and looking at where trends are going that's what Elan and musk did he
did it in a very yes he gambled but he did it in a very deliberate fashion and
that's how he got to where he got to so if you want more videos on how you can
play the game lodge for airship on how I study how these other entrepreneurships
are playing the game just hit subscribe and we'll see in the next one
