Does the idea of living on Mars excite you?
Do you want to be more eco-friendly & save money on fuel at the same time?
Does reaching home during traffic hours frustrate you?
Well, one man is on a mission to make all these things possible for you.
The name of this man is Elon Musk.
Elon Musk is one of the most popular Genius, Engineer, Inventor, Billionaire, Philanthropist, Visionary of this Century.
He is the CEO & Founder of companies you might have already heard of like :
- Solar City
- The Boring Company
- Hyperloop & others.
What makes Elon Musk so special?
Is it his upbringing or his love for comics? Or like some people claim he is an alien! Let’s find out.
Early Childhood :
Elon Musk was born in South Africa on 28th June 1971 to Maye & Erol Musk.
At the age of 10, Elon developed an interest in Computer Programming.
He developed a game called ‘Blastar’ – based on a Space theme when he was just 12. He sold it later for $500 US to a company.
This was the first glimpse of the entrepreneur mindset in Elon & his love for Space.
Elon Musk has admitted his love for Space originated after he read a novel series by Isaac Asimov called ‘Foundation’. It was based on Psychohistory which means predicting future events by studying the pattern of past events.
When he was, he was bullied in high school for being nerdy & bookish. He then invested his time learning karate, judo & wrestling to defend himself. He fought back his harassers & was never bullied again.
Sounds like a classic ‘Karate kid’ movie doesn’t it? It’s true though.
In order to avoid the mandatory service in the South African Military, he moved to Canada in 1989.
He later went to the University of Pennsylvania, USA where he got dual degrees in Economics & Physics.
Thus he got more insights into the workings of a business & physics which always fascinated him.
He later pursued a PhD in Energy Physics from Stanford University in 1995.
First Company :
Using his Father’s money approximately $28000 US at that time he founded Zip2 in 1995.
Zip2 Corporation made online city guides & also provided content for websites of The New York Times & Chicago Tribune.
During the Internet Boom, he sold this company to Compaq for $307 million in cash!
Venture into Online Banking :
After selling his first company Zip2 in 1999 he immediately founded another company called X.com. Through an acquisition, he acquired a payment system & renamed it as PayPal.
Paypal acquired 1 Million users in just a few months.
But due to disagreements within the board, Paypal was sold to ebay for $1.5 Billion in 2002. Musk acquired $165 million through the deal.
Mission Mars :
Elon Musk decided to invest in his childhood fascination for space.
He found Space X in 2002 with the aim to create viable commercial space flights.
He spent almost more than $100 million to establish Space X.
Currently, Space X is working with the aim to colonize Mars in the next 5 years.
Electric Cars :
Elon Musk was the lead investor in an Electric Car Company – Tesla.
In 2008, he began the CEO of Tesla Motors. He immediately launched the Tesla Roadster whose 2500 units were sold in that year.
In 2019 Second Quarter, Tesla sold approximately 100000 vehicles of it’s latest model.
Out of the Box :
Elon Musk is famous for his unique & twisted ideas.
His plan for Mars is to nuke the north & south poles of Mars in order to accelerate the temperature rise. Thus, making it more sustainable for humans to survive in its atmosphere.
He believes Artificial Intelligence can be the major cause of human extinction in the future.
But on the other hand, he has invested in an Artificial Research firm.
A True Genius:
Elon Musk was removed from his CEO position 3 times in his lifetime.
He sold his previous companies in order to invest in something better.
At times he even ate meals below a dollar to survive & keep his company running.
He got divorced twice to the same girl in his life.
A true genius is born only when you go through humiliation, poverty, failures & heartbreaks.
Sacrifices are important in the making of a real entrepreneur mindset.
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