Elon Musk's Work Ethics Will Give You Goosebumps

Rise Above
21 Aug 202109:22

Summary

TLDRIn this candid interview, the subject reflects on his grueling work schedule, often exceeding 100 hours a week, and the sacrifices made to keep companies like Tesla afloat. He shares his philosophy on the importance of advancing technology to achieve what seems magical, the challenges of starting a business, and the resilience needed to overcome failures. Despite facing criticism from heroes like Neil Armstrong, he remains undeterred, driven by a passion for innovation and the desire to create products that bring joy.

Takeaways

  • 🕒 The speaker worked an extreme schedule of 22 hours a day, 7 days a week, even sleeping in the factory to fulfill his work commitments.
  • 🚀 He acknowledges the grueling nature of his work, stating that it was painful and not recommended for anyone, but felt compelled to do so to prevent Tesla from potentially failing.
  • 💡 The idea of inventing things was inspired by the quote that advanced technology is indistinguishable from magic, which he found appealing.
  • 🤔 Initially, he was unsure of his career path, but eventually decided that inventing could be 'really cool' due to the potential to create things that were once considered magical.
  • 🚗 Starting an electric car and rocket company was not thought to be easy, and he expected they might fail, but he was committed to nurturing them like a child regardless of personal cost.
  • 💸 In 2008, during a financial crisis, he faced a difficult decision to either invest his remaining funds into one company, risking the other's failure, or split the funds, risking both might fail.
  • 💡 He values creating products that people love and find joy in, which he believes is rare, and aims to make things that people truly love with Tesla.
  • 🔥 Starting a business requires a high pain threshold, and he likens the experience to 'eating glass and staring into the abyss', indicating the hardships involved.
  • 🤝 He emphasizes the importance of seeking out and listening to negative feedback, as it can provide crucial insights for improvement.
  • 🚀 Despite multiple failures and criticism, including from his heroes, he never considered giving up and remained committed to his vision for SpaceX.
  • 🌟 The speaker's life has been full of surprises, and he did not expect to achieve the level of success he has, highlighting the unpredictable nature of one's journey.

Q & A

  • How many hours a day did the speaker work at one point in his career?

    -The speaker worked 22 hours a day.

  • What was the speaker's routine like during the period of intense work?

    -He was working seven days a week, sleeping in the factory, and had worked in various departments including the paint shop, general assembly, and body shop.

  • What health concerns did the speaker express about working such long hours?

    -The speaker mentioned that working this hard was painful and not recommended, affecting his ears, brain, and heart.

  • What was the speaker's mindset like when he was young?

    -When he was young, he didn't know what he was going to do when he got older and felt strange because his mind was always filled with ideas.

  • What quote influenced the speaker's interest in inventing things?

    -The quote from author C. Clarke stating that 'efficiently advanced technology is indistinguishable from magic' influenced his interest in inventing.

  • What was the speaker's initial perception about building an electric car and a rocket?

    -He didn't think it would be easy and believed there was a high chance they would fail.

  • How did the speaker describe the experience of starting a company?

    -He compared starting a company to having a child, where you have to take care of it even if it ruins you.

  • What was the most difficult financial decision the speaker faced in 2008?

    -The most difficult decision was whether to put all his remaining money into one company, risking the other, or split it between two companies, risking both might die.

  • What is the speaker's approach to seeking feedback on his products?

    -He actively seeks out and listens carefully to negative feedback, even asking friends to tell him what they don't like about his products.

  • What was the speaker's strategy when trying to buy rockets in Russia?

    -He visited Russia three times to look at buying refurbished ICBMs, despite being thought of as crazy.

  • How did the speaker handle the criticism from his heroes like Neil Armstrong and Gene Cernan?

    -He felt sad about the criticism and wished they would visit and see the work being done, hoping it would change their minds.

  • What is the speaker's attitude towards giving up when faced with failure?

    -He never gives up, stating that he would have to be dead or completely incapacitated to stop.

Outlines

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Transcripts

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InnovationPerseveranceEntrepreneurshipTechnologyTeslaSpaceXWork EthicProduct DevelopmentBusiness StrategyLife Lessons
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