From electric cars to rockets to online payments to solar power - ELON MUSK

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Elon Musk,CEO of Tesla Motors: ‘The longer you wait to fire someone, the longer it has been since you should have fired them

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Elon Musk,
CEO of Tesla Motors: ‘The longer you wait to fire someone, the longer it has been since you should have fired them.’
Say what you like about Elon Musk (and so many people do).

The crazy tech tycoon — a founder of
PayPal,
Tesla Motors TSLA,
SpaceX
and SolarCity SCTY, -1.75%  — may be a visionary or a mad fool, a capitalist genius or a juggler of government subsidies.

But you can’t deny his extraordinary impact or ambition.

From electric cars to rockets to online payments to solar power, he’s built a fortune and an amazing career launching pioneering companies that other people said just couldn’t be done. SpaceX is building and launching rockets for NASA. Tesla Motors, barely 10 years old, is now valued at half the level of Ford F, -0.25% .

Business journalist Ashlee Vance’s new biography, “Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future,” offers the definitive account to date of Musk’s career. How does Musk do it? Here’s how.

Paypal was then sold to E-Bay for 1.5 billion$ in 2002, but Elon Musk continued to invent and innovate. He founded Space X, Tesla Motors and Solar City. SpaceX, the company he founded in 2002, got a contract from NASA 6 years later for 1.6 billion $. He also founded Tesla Motors, an electric car company.

Few thing we need to know about his hardwork !!

1. He doesn’t know he can’t. No, you can’t launch an Internet bank. You don’t know anything about it. No, you can’t launch a new U.S. car company. Nobody’s done that successfully in 70 years. No, you can’t launch a company to build rockets and put them into space. Only governments can do that. What are you, crazy? Those ideas will never work. People kept telling him things were impossible, but he didn’t know any better so he just went ahead and did them anyway.

2. He reads. And reads and reads and reads. “You don’t know what you don’t know. You realize there are all these things out there,” he says. Musk spent his childhood with his nose in a book. He read the Encyclopaedia Britannica from cover to cover. So much for the “post-text world.” He prepared for SpaceX by reading fun stuff like “Aerothermodynamics of Gas Turbine and Rocket Propulsion.” If you want to know what you don’t know, nothing beats reading.

3. He works ridiculous hours. Musk wonders if he can spare “five to 10 hours” a week from his hectic schedule to date. When he was starting out, he slept in a beanbag next to his desk. “Maybe he showered on the weekends,” says a co-worker. “I don’t know.” Now that he’s got a private jet, it’s a little more comfortable, but he is always zooming from factory to meeting to factory. Same principle. I get exhausted just thinking about it.

4. He’s a showman. You’re nowhere these days without the marketing. From his futuristic offices to the glitzy gala events that serve as product launches, Musk is adept at getting the exposure he wants and his companies need. Back when he was just starting his first Internet venture, he built a big, dramatic case for his PC so it would look more impressive to customers and potential investors.

5. He sets ridiculously tight deadlines. He took the future PayPal from a shell to a live operation in four months in 1999. And right from the start at Tesla and SpaceX, he was setting absurdly optimistic deadlines for launching prototypes and getting products to market. The bad? He ended up looking silly. The good: The pressure got things done as fast as possible.

6. He hires quality. If necessary, Musk will bypass industry and raid colleges — students and faculty alike — to find the best, smartest, hungriest engineers and other staff. He says he would rather employ one great engineer than three mediocre ones.

7. He understands work environments. He broke with tradition in his manufacturing operations by merging white-collar and blue-collar staff, placing desks on factory floors, and making engineers, computer programmers, machinists and welders sit down and work side by side as a team. Simple, and effective. How can they solve problems in different buildings?

8. He improvises. When SpaceX was told to wait to launch rockets in the U.S., he went and found a Pacific island he could use straight away. He once jumped on his private jet and flew to England to shuttle a needed machine tool to a factory in France to speed up prod.

You are inspiration for millions . Especially youth generation.

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