Elon Musk’s story remains one of pure entrepreneurial success, one after another. Zip2, PayPal, SpaceX and Tesla have all proven to be influential companies within their fields. Thus, some lessons ought to be learnt from his life and work. The first thing needed is a vision to see things beyond the usual, as Musk did with SpaceX when he visualized a world where space travel could benefit all people and not just astronauts and when with Tesla he created electric vehicles on scale. Another lesson is not to sit back and rest on laurels, but to constantly keep innovating to build the next big thing. True business innovations require the founder to defy the existing norms, as disruptions will hurt many existing players. Tesla has likewise bypassed many existing channels.

Source:http://innovationexcellence.com/blog/2017/11/01/3-things-innovators-can-learn-from-elon-musk/

Uploaded Date:15 November 2017