Elon is an extremely strong thinker and as such the intellectual waters he swims in and the decisions he makes may appear risky to others but make perfect sense to him.
Almost everything new has an element of fear at first.
Consistently realizing and overcome the foolishness of irrational fears will put you in a great position to gain strong trust from those who are paralyzed by fear.
Without an element of risk a great reward is rarely found.
Safe is risky and risky is safe.
Innovation is how you win and innovation requires risk. But avoiding innovation is a bigger risk. Innovation requires a focus on what could be rather than what already is.
Elon has said “What matters is the rate of innovation.”
But “What exactly is innovation?” you might be wondering.
At Tesla AI day Elon explained “In general innovation is how many iterations and what is the average progress between each iteration. And so if you can reduce the time between iterations the rate of improvement is much better.”
Innovating more effectively and rapidly than your competition gives your business the best chance of success...
So always be "risk taking" and innovating!
The faster your rate of innovation the faster your business will rise to power and capture market share.
Tesla has been innovating faster than other car companies and the compounding effect of all of these innovations are an essential part of the reason why Tesla is now the most valuable car company with no signs of slowing down.
Amazon has been innovating more than Wal-Mart and this makes it clear how Amazon has been gaining market share from Wal-Mart.
Innovation is future focused and being future focused is key if you want a more fantastic future.
Invest as much as you can into innovation and the advantages innovation creates will help you acquire more customers and rise above your competition.
That's it for the 6 day email course!
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Cheers,
Garin
@Garin on Twitter
Author of Elonology.com
I can imagine what a challenge this has been for Mr. Musk. When the world seems against him, he gets more creative. More innovation follows. Not that he has to prove himeself to the world. It is because he is blessed. He has a purpose. For someone who is Adamant about achiving his dreams. With some dicipline. All I can say is, He is definately Getting It Done! Yes it can be done, and anyone can do it. Whats your passion?