from paypal to tesla billionaire Elon Musk has got empowering habits and forward
patterns that's bringing him the results that he's currently getting and that's
why in today's video I wanted to break down through five habits that made Elon
Musk a billionaire and so for right now is somebody who wants to achieve it big
in your life be sure to pay close attention and without further ado let's
go on to the first point which is to have a powerful vision and mission you
see Elon Musk didn't ask themselves what are some of the best ways I can make
money fast instead as he left PayPal and wanted to start something new he asked
himself what are some of the problems that are likely to affect the future of
humanity he was extending beyond himself and this
is necessary if you really really want to put in the work Elon Musk works like
no other 100 hour plus weeks and you are able to do this if you're just chasing
money and this is why Elon Musk he was literally quoted saying this he said I
think it's important that humanity become a multi-planet species I think
most people agree that future where we are civilization based in space is
inspiring and exciting compared with one where we are forever confined to earth
until sudden eventual extinction event that's really why he started SpaceX isn't
not crazy this is out of the world ambition the
questions right now are you focusing on the money or are you focused on leaving
a lasting impact because this is what every billionaire has got in common they
focus on extending beyond themselves and focusing on truly leaving a lasting
legacy and this is when money follows because money is nothing but reflection
of how much value you've added into other people's lives let's go on to the
second point which is outwork others Musk is famously a demanding CEO
expecting his employees to put long hours out work the competition and literally
do whatever takes and he does not believe in the work/life balance
despite this most of Elon Musk current and former employees respect him and
they're willing to sacrifice a balanced life in order to meet his demands
why because one of the reasons is Musk doesn't expect anyone on
team to work any harder than he does in another words he sets an example for
his entire team this is what Elon Musk was quoted saying he said work like hell
I mean you just have to put in eighty two hundred hour weeks every week this
improves the odds of success if other people are putting 40-hour work weeks
and you're putting in hundred hours work weeks then even if you're doing the same
thing you know that you achieved in four months why it takes them a year to
achieve that is your biggest competitive advantage as an entrepreneur
number three seek out constructive criticism there is no denying the fact
that the vast majority of people on this planet
they hate getting feedback especially when it's negative why because of low
self esteem they don't wanna feel like their work is bad and they just don't
wanna be put down but a billionaire like Elon Musk constantly seeks to
improve and that's why they're constantly asking what's wrong with this for
example when he spoke with the automobile engineers during the
development of the Tesla electric car he asked him to tell him what was wrong
with his design instead of what was good about it in this way he learned his
mistakes and fixed them he constantly improves a billionaire is always seeking
to improve and grow and you cannot grow if you're not given feedback from your
coaches and mentors as well as other people who've got your best interest at
heart going on to the fourth point is to consider failure in your plans and pivot
if need be what I truly believe made Elon Musk incredibly successful is the
fact that he never never never gave up he was quoted online how his proceeds
from paypal acquisitions was around 180 million and then he put 100 million into
SpaceX 70 million into Tesla and 10 million into solar city he had to borrow
money for rent the question is do you believe in leaving a lasting impact as
much as Elon because there's a reason why somebody like that gets a billion
dollar level because they truly believe in their dreams that much that they're
willing to put everything on the line that is a mindset of an incredibly
successful entrepreneur and he even though had a lot of failures along
his journey he kept on moving forwards kept on pushing forwards by learning
from his mistakes and getting on with the job the fifth point is to take
massive risks there's no denying the fact that Elon Musk is an incredible
risk-taker his ability to for example to put all his money into the companies
he's starting and starting from zero his incredible ability to foresee a vision
and really just go all-in not knowing what's gonna happen his ability to
control uncertainty is what made him incredibly successful as an entrepreneur
why is he over over again from people who are dead broke not getting results
in life is they wants certainty in their life and they want to be basically
hanging on to their comfort zone and this is why they're getting the results
that they're getting realize that the fortune favors the brave if you want
more results in your life right now it's time to get out your comfort zone and
start risking more and that's the only way you're gonna be rewarded and so
those are the five habits that made Elon Musk
a billionaire if you found this helpful by the way be sure to click the like
button and if you got any comments be sure to post in the comments box below
and be sure to share this video with your friends and loved ones because I
truly believe there is great power to paying it forward extending beyond
yourself so share this video with your friends and loved ones and as always
insider follow heart my friend and take action and go live the life you're born
to live I'll see you on the next video soon take care