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30 Inspirational Quotes From Elon Musk For Young Entrepreneurs (2022)

In this guide, we will discuss 30 inspirational quotes from Elon Musk, the richest man in the world. His journey was a rollercoaster; …

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30 Inspirational Quotes From Elon Musk For Young Entrepreneurs (2022)

In this guide, we will discuss 30 inspirational quotes from Elon Musk, the richest man in the world. His journey was a rollercoaster; his first game, Blastar, sold for $500 to a computer magazine for a South African-born American youngster who taught himself to code.

Later, he became an entrepreneur and co-founded PayPal, an electronic payment service. He also founded SpaceX and Tesla, both of which produce launch vehicles and spacecraft.

Musk was also one of the initial important investors and the CEO of Tesla, an electric car company. Meanwhile, let us consider who the world’s richest man is, his net worth, and how he came to be so affluent and well-known.

That said, here are 30 inspirational quotes from Elon Musk for entrepreneurs to read.

READ ALSO: Top billionaires: Is Elon Musk still the richest man in the world

30 Inspirational Quotes From Elon Musk

1. “When something is important enough, you do it even if the odds are not in your favor.”
― Elon Musk

2. “It is important to view knowledge as sort of a semantic tree — make sure you understand the fundamental principles, ie the trunk and big branches, before you get into the leaves/details or there is nothing for them to hang on to.”
― Elon Musk

3. “My proceeds from the PayPal acquisition were $180 million. I put $100 million in SpaceX, $70m in Tesla, and $10m in Solar City. I had to borrow money for rent.”

― Elon Musk

4. “I think it’s important to reason from first principles rather than by analogy. The normal way we conduct our lives is we reason by analogy. [With analogy] we are doing this because it’s like something else that was done, or it is like what other people are doing. [With first principles] you boil things down to the most fundamental truths…and then reason up from there.”

― Elon Musk

5.“I do think there is a lot of potentials if you have a compelling product and people are willing to pay a premium for that. I think that is what Apple has shown. You can buy a much cheaper cell phone or laptop, but Apple’s product is so much better than the alternative, and people are willing to pay that premium.” – Elon Musk

6. “A company is a group organized to create a product or service, and it is only as good as its people and how excited they are about creating. I do want to recognize a ton of super-talented people. I just happen to be the face of the companies.” – Elon Musk

7. “It is possible for ordinary people to choose to be extraordinary.”
― Elon Musk

8. “I think it would be great to be born on Earth and die on Mars. Just hopefully not at the point of impact.”

― Elon Musk

9. “Constantly seek criticism. A well thought out critique of whatever you’re doing is as valuable as gold.”― Elon Musk

 

Inspirational Quotes From Elon Musk

Inspirational Quotes From Elon Musk

10. “The first step is to establish that something is possible then probability will occur.”

― Elon Musk

11. “I would just question things… It would infuriate my parents… That I wouldn’t just believe them when they said something ’cause I’d ask them why. And then I’d consider whether that response made sense given everything else I knew.” – Elon Musk

12.“The idea of lying on a beach as my main thing just sounds like the worst. It sounds horrible to me. I would go bonkers. I would have to be on serious drugs. I’d be super-duper bored. I like high intensity.”

― Elon Musk

13 “I came to the conclusion that we should aspire to increase the scope and scale of human consciousness in order to better understand what questions to ask. Really, the only thing that makes sense is to strive for greater collective enlightenment.”

― Elon Musk

14. “In terms of the Internet, it’s like humanity acquiring a collective nervous system. Whereas previously we were more like a [?], as a collection of cells that communicated by diffusion. With the advent of the Internet, it was suddenly like we got a nervous system. It’s a hugely impactful thing.”

― Elon Musk

15. “One of the really tough things is figuring out what questions to ask. Once you figure out the question, then the answer is relatively easy.”

― Elon Musk,

16. “When I was a little kid, I was really scared of the dark. But then I came to understand, that dark just means the absence of photons in the visible wavelength–400 to 700 nanometers. Then I thought, well, it’s really silly to be afraid of a lack of photons. Then I wasn’t afraid of the dark anymore after that.”

― Elon Musk

17. “One of the biggest mistakes we made was trying to automate things that are super easy for a person to do, but super hard for a robot to do.”

― Elon Musk

18.“My biggest mistake is probably weighing too much on someone’s talent and not someone’s personality. I think it matters whether someone has a good heart.” – Elon Musk

19. “If something has to be designed and invented, and you have to figure out how to ensure that the value of the thing you create is greater than the cost of the inputs, then that is probably my core skill.” – Elon Musk

20. “I don’t believe in the process. In fact, when I interview a potential employee and he or she says that ‘it’s all about the process,’ I see that as a bad sign. The problem is that at a lot of big companies, the process becomes a substitute for thinking. You’re encouraged to behave like a little gear in a complex machine. Frankly, it allows you to keep people who aren’t that smart, who aren’t that creative.” – Elon Musk

READ ALSO: How SpaceX could make Elon Musk the world’s first trillionaire

1. “When something is important enough, you do it even if the odds are not in your favor.”

21. “Every person in your company is a vector. Your progress is determined by the sum of all vectors.  ”
― Elon Musk

22. “If you get up in the morning and think the future is going to be better, it is a bright day. Otherwise, it’s not.”

― Elon Musk

23. “If you go back a few hundred years, what we take for granted today would seem like magic-being able to talk to people over long distances, to transmit images, flying, accessing vast amounts of data like an oracle. These are all things that would have been considered magic a few hundred years ago.”

― Elon Musk

24. “We’re going to make it happen. As God is my bloody witness, I’m hell-bent on making it work.”

― Elon Musk

25. “When Henry Ford made cheap, reliable cars, people said, ‘Nah, what’s wrong with a horse?’ That was a huge bet he made, and it worked.”

― Elon Musk

26. “There have to be reasons that you get up in the morning and you want to live. Why do you want to live? What’s the point? What inspires you? What do you love about the future? If the future does not include being out there among the stars and being a multi-planet species, I find that incredibly depressing.”

― Elon Musk

27.“I could go and buy one of the islands in the Bahamas and turn it into my personal fiefdom, but I am much more interested in trying to build and create a new company.”
― Elon Musk

28. “I don’t spend my time pontificating about high-concept things; I spend my time-solving engineering and manufacturing problems.” – Elon Musk

29. “People should pursue what they’re passionate about. That will make them happier than pretty much anything else.” – Elon Musk

30. “There needs to be an intersection of the set of people who wish to go, and the set of people who can afford to go…and that intersection of sets has to be enough to establish a self-sustaining civilization. My rough guess is that for a half-million dollars, there are enough people that could afford to go and would want to go. But it’s not going to be a vacation jaunt. It’s going to be saving up all your money and selling all your stuff, like when people moved to the early American colonies…even at a million people you’re assuming an incredible amount of productivity per person because you would need to recreate the entire industrial base on Mars. You would need to mine and refine all of these different materials, in a much more difficult environment than on Earth. There would be no trees growing. There would be no oxygen or nitrogen that are just there. No oil. Excluding organic growth, if you could take 100 people at a time, you would need 10,000 trips to get to a million people. But you would also need a lot of cargo to support those people. In fact, your cargo-to-person ratio is going to be quite high. It would probably be 10 cargo trips for every human trip, so more like 100,000 trips. And we’re talking 100,000 trips on a giant spaceship…If we can establish a Mars colony, we can almost certainly colonize the whole Solar System, because we’ll have created a strong economic forcing function for the improvement of space travel. We’ll go to the moons of Jupiter, at least some of the outer ones for sure, and probably Titan on Saturn, and the asteroids. Once we have that forcing function, and an Earth-to-Mars economy, we’ll cover the whole Solar System. But the key is that we have to make the Mars thing work. If we’re going to have any chance of sending stuff to other star systems, we need to be laser-focused on becoming a multi-planet civilization. That’s the next step.”

– Elon Musk

 

 

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