Elon Musk: Best Advice for New Entrepreneurs
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- Опубликовано: 7 сен 2024
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Elon Musk: Best Advice for New Entrepreneurs
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His speech can't keep up with the ideas traveling so fast in his mind..
It might have something to do with asperger's where he has trouble communicating with speech
Or the fact that he is sleep deprived. Look at his eyebags, it is well-known that he would sleep very little due to him working so much
Q1
@@strung_music wrong
@@strung_music like for real. Why is it that communication skills are something that human beings take very seriously except when it comes to Elon musk. He is terrible at formulating sentences because he is intelligent. What a paradox.
He is the guy to listen to..he has lived each word he speaks..
Watch as I do, not as I say. He is amazing
But He should make in affordable to all.🥲
I am not even single customer of elon products how did he reach Worlds most richest person place.
Soo don't waste your time target all consumers target only big shots at the same time your product should also main tain top notch quality. Not even poor people can't afford.
@@ravikumargantla7998 cause he made it for Americans
You want a car to be in 5 thousand huh? Affordable
He provides services though starlink not available in india
Wanna go space at 1 thousand?huh?
Or watt?
He as well as gates and zuckerberg are enslaving people and funding wars. Messed up
People
And he failed to follow each one which is why he has like 5% of the market
His eyes tells me that he isnt getting enough sleep because of his works
He is, he said so himself that he has to sleep at least 6hours because then he will be better and quicker and it’s the logical thing to do
Only an idiot would believe these billionaires aren’t sleeping all they want
@@jaysjourney7351 wow bravo! Real mature. You must pride yourself smart@$$.
It's envy that makes you say that.
@@jaysjourney7351 Well for most billionaires, maybe, yes but he has slept on factory floors and has recently sold all his mansions in favor for a literal box house.
@@Babooshka47 he didn't always used to. Depending when this was filmed he used to work ALOT. I don't even believe his 6 hours statement. Dude literally sleeps in the companies building.
Thanks Elon. You're an inspiration for millions of entrepreneurs to pursue great lengths and I'm one of them.
Good luck bro. You got this
Just aim to be the best and enjoy every obstacle as the arrive. Good luck Karateman
Enjoy the rat race
All the best lads, as long as we put in the effort and be consistent, we’ll get there.
Great for you going at and for being an entrepreneur, but may I ask how this is inspiration because it's literally the most simplistic and basic advice ever
This man's the definition of
He's done his homework
A true businessman never tells his/her secrets he is hiding something he knows
TRUE!
There is so much opportunity in this world my friend. Most individuals simply do not wish to capitalize on these opportunities, due to lack of Hard Work.
Trade or industry secrets aside, especially when you are a small company, go visit Alex Hormozi. These type of people freely distribute information about business in general, that you are free to apply, if you so chose.
It's just that few wish to go through this. The knowledge is out there for those who knock.
What colour is your buggati
hes hding the fact that hes super smart, rich uprbringing went to wharton best business school in the world, and stanford best engeering school in the world,
What hes saying is just basic business. You have to find you own marketing strategies for your products. Its easier to sell products in an untapped market which has not been discovered by other business. So using that market first can make you the monster of it.
He’s awesome and hope he’s around for a long time..
Elon Musk used to be such an entity unknown and misunderstood. I’m finding I like what he has to say and feel so much respect for him.
Ya Mary me to!
The amount of eye movement while he speaks tells me that there is volumes and volumes of information in Elon's psyche
I'm slightly convinced he has the neuralink chip in his brain and as he talks he's trying to sort through information being brought up in his head and vision which is why he struggles to talk and always seems to be looking around
Drugs
It tells you he doesn't get enough sleep.
oh grow up. He needs to think of wording because investors are involved, speech issues, a few of my friends are polyglots polymaths and stuttered as well. Nothing to do with that
@@DonovanHaumpy oh grow up. He needs to think of wording because investors are involved, speech issues, a few of my friends are polyglots polymaths and stuttered as well. Nothing to do with that, he's doing it for image, so people like you believe him and he can acomplish his goals
I think that’s the problem with a lot of smartphones makers these days. They’re just slightly better
Tesla aslso
@@jojo-one nah TESLA is actually way better than it's other competitors .... they've literally made a riding PC .... not just an electric car but I would call it riding PC .....
@@firojpaudel How is Tesla not slightly better than it's competition? The best Tesla can only outrun other electric vehicles in its price range by a slight margin. There are videos of the Lucid Air beating the Tesla Plaid Model S and vice versa. There are Chinese versions that can do exactly what a Tesla can do, so tell me how it's so much better?
@@theinternetsavedmylifebecause tesla is the innovator and the established brand for electric cars at this point lol. The other electric car brands are the new guys who should come up with something better
You can see it in his eyes that he is trying to speak what his mind wants him to say, but his mind is going too fast. I love this guy. Goals.
Love you Elon. Thank you bro. People talking $#! + about your "excess" wealth... I'll defend you every time.
What a simp
@@jaysjourney7351
@@HaydenDavidson6 ill refrase that for him "you for no good reason defend a scumbag on the internet who has taken credit for other people's work
Elon is all time my favourite ...you are my inspiration belive me I have changed a lot by listening your speech and ideas
Exactly, that is why those Chinese car maker offer 6 years or 100K km warranty in Middle East
I always enjoy his wisdom!
That is not always possible for a new or small company, so if your product is 5% better you have a better chance to grow. In fact, smaller changes make a big difference. For example, if you make a hoodie, then add a pocket or something to say you are different unless you make an electric car which is nearly 0% possible, kudos to him he did it.
IF YOU'RE NEW COMPANY I MEAN UNLESS IT'S LIKE SOME NEW INDUSTRY OR NEW MARKET THAT IF IT'S AN UNTAPPED MARKET OR THEN YOU HAVE MORE ABILITY TO YOUR BUSINESS THE STANDARD IS LOWER FOR YOUR PRODUCT OR SERVICE BUT IF YOU'RE ENTERING ANYTHING WHERE THERE'S AN EXISTING MARKET PLACE AGAINST LODGE AND TRENCHED COMPETITORS THEN YOUR PRODUCT OR SERVICE NEEDS TO BE MUCH BETTER THAN THEIR'S IT CAN'T BE A BECAUSE THEN YOU PUT YOURSELF IN THE SHOES OF THE CONSUMER AND THEY SAY WHY WOULD YOU BUY IT AS A CONSUMER YOU'RE ALWAYS GONNA BUY THE TRUSTED BRAND UNLESS THERE'S A BIG DIFFERENCE SO A LOT OF TIMES YOU KNOW ENTREPRENEUR WILL COME UP WITH SOMETHING WHICH IS ONLY SLIGHTLY BETTER AND IT'S NOT CAN'T JUST BE SLIGHTLY BETTER IT'S GOT TO BE BETTER
What a down to earth man he is, lord bless him
But sorry down to Mars man
@@captains1o126 🤣🤣🤣🤣
I think that every father told their son that if you are going in a place where the competition is very high then you have to be very special.
I think it’s just a basic thing
His brain and thought process is amazing. He puts so much consideration into all he does. He has said no one would want to be him,as his brain is so busy but i wish there were more of him.
I think he's handsome a little sleep or no sleep. He reminds me of the shy type a shy genius I believe it
No matter it's really you or someone else in your profile photo what really matter she is stunning 😍 as hell
ELON MUSK YOUR GOING TO BE AN IMPORTANT PERSON TO THIS WORLD..LOVE YOU I HOPE ALL YOUR GOOD SHINES ON THE PEOPLE..
I often wonder if his mind ever shuts down to rest. Watching his eyes they are always searching for something I guess the best way to answer any questions asked of him. I really think he is such an amazing person. And very intelligent and interesting to listen to.
Entrepreneur here. Pulled off a slightly better product in 2017. Confirm what Elon just said.
It depends on the business that youre doing. A service provider is something different than a product seller.
This guy's narrative is so simple and clear, always to the point. Lean and mean type of mind.
Entrepreneur have to be better
Because he or she is making a difference in the existing market
And it's true 🔥🔥🔥🔥
Shit gatta get to work
Coming from the guy who made the first Electric Vehicle. This guy has alot of guts and is a real intelligent guy
Golden man...blessed on so many levels...!
Thank you sir , love and respect from india 🇮🇳
Wow, so true! Nice he shared this. Thank you, Elon x
This advice will change many more lives forever.
I love this man.God bless you with alot of years n health
Full of reality and practicality 💖
This advice is true. But most ultra successful businesses are not the first of its kind. Trying to fixate on innovation is the wrong move imo. People don’t take into account CAC (customer acquisition costs). Teaching your potential market on the product costs a lot of money. If your product or service already exists in the market place you have a lot more data to go off of. I think nuance is really important in this matter. Are you going to come up with a new streaming service than can out compete Netflix? That’s very difficult as they have so much more capital to work with. On the flip side, let’s say you have a product or service that’s revolutionary, that potentially solves a problem that people don’t even know they have. That’s also very difficult.
Agree! Your products and services need to be way beyond better if you want to have a share in the market.
Translate Elon Musk : Do something totally new, or offer something even better then the competitor.
The best thing you can do to scale a business is start interviewing your ideal customer demo and see where their pain is
Being Real At All Times... $hows The Truth In Your Business Mind, Thank You For Thinking Before Speaking!!!!!!! 👍👍👍👍👍👍👍Good interview
Yes. The idea of the yoke steering wheel fell a bit short now compared to the one steered by wire.
If your product is same or slightly better you differentiate themselves with Marketing...like all the Chinese smartphones.
If you do not want to use marketing at all...your product has the speak for itself, like Tesla.
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This looks like an elaborate advertisement
Zero to one - Peter Theil. Will help you understand this more in depth
thats why i fucking love competition
Slightly better does work in a price competition. Take retail for example
What he's saying is either monopolize on a product that hasn't been touched base on or sell something that's a ripoff but better like oreos did to hydrox, but reverse nowadays. Only cause God dammit if I have to eat more sickening sugary products
Your profile pic is 10000000 times more sickening than an Oreo cookie, that’s for damn sure.
I also think establishing one's product as niche always worked for me
Watching his mind think at 1,000,000 miles an hour faster than the way he speaks is like 🤯🤯🤯🤯
Alot here to digest...there in the thrust for blue ocean markets.
Thank you for sharing!
He’s a smart guy
“NOT SLIGHTLY BETTER / IT HAS TJ BE MUCH BETTER!!
I’ll take that small piece of infO and use it in everything I do in business !!
Clearly the Cybertruck was inspired by this idea lol
Thank you for sharing this
This young man has it all❤❤
Thanks for the support dear
You are right!
He’s so articulate
If it’s slightly better just sell the patent to a bigger dawg
If people are honest and hard working they an always give the best product in the market 💖🙋🏼♀️✌🏻👍🏻
He probably learned this because of his hyperloop failure. In an interview he said he would use wheels instead of magnets or air bearings because the other stuff didn't work
There are several ways to get startup operating capital and ongoing operating capital. You just have to be smart with it.
If service has to be much better then why is it so hard to get parts from Tesla to install yourself? I have never had this problem with any other tech or car company ?
True words
My favorite human being!
I have the new market plan, new and unique way of doing things…. But need to get it out, it’s beyond perception and was grasped from meditation. My problem is a 9-5 which stresses me daily because other shit going on as well where I can’t keep up. I’m willing to put in work so i can invest. Who got jobs ? One that pays enough to make a difference, enough to make me leave Detroit with just the clothes I’m wearing knowing we’re I’m heading is closer to my calling. It’s said to be service to the people’s, who can we help
I so needed to hear that!
Thank you I love this 💘
Thank you Elon Musk!
I've been trying to think of an idea for a company I could start, but I can't think of an untouched area of business
You have to understand the levels of market awareness and sophistication. At lower levels, it will be a relatively new market and basic strategies will work, but at higher levels, you need to position yourselves as new, unique, and find ways to stand out
I was waiting to be told that I would "starve".
Needed that I fusion room right quick
By far, the man that changed the world and once we hit mars found new world !
Ya brother 🙂
Appreciate Your Shared Wisdom Elon! I'm Listening..🥂Your Great Babe!! 💯
"Against Lodge competitors" 🤣🤣
Ahhh yes thank you, Lodge entrenched competitors. Taking up all the rooms so you can't get one.
😂😂😂😂😂
large
Great inspiration to see 🎉🎉
Unless there’s a BIG difference. Different is better than being better.
You're slightly better
It's possible to enter a competitive market if people trust and love you in the first place.
For example a lot of influencers (youtubers, tiktokers...) after reaching a certain amount of followers and building a good relationship, start their personal brand and sell their own products.
And it works despite the competitive market they enter, because there followers loved and trusted them first, so they systemtically trust any product that their influencer tend to sell them. :)
However if you try to enter a market and nobody knows you it is gonna be very hard unless you ask someone that is trusted to promote you. Its the fastest way but can require big money investment.
I GOT RICH DOING THIS
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Whosoever tries this sureIy acquires wealth. Get to her..
ELlZABETH GREEN HUNTS..
The thumbnail proves he is of another planet....
" EVERY MORNING YOU HAVE 2 CHOICES - YOU CONTINUE TO SLEEP WITH YOUR DREAMS OR YOU WAKE UP AND CHASE THEM."
when it takes you 50 seconds to say: “be a lot better than your competition”.
When it takes you 50 seconds to say something that makes 99% of businesses fail
Yeah there are a lot of aspects to this
Firstly the loyalty of the consumers to the competitor
And secondly, there are a lot of competitors in the market for every single product
So yeah it take 50 seconds
Fantastic!
Thank you !
If you are new company i mean unless like its like some new industry and new market cap untapped or then you have more ability to your business the standard lower for your products or service but if you're entering anithing where there's an existing market place against ladged and trenched competitors then your product and service needs to be much metter than theirs it can't be a little bit better because then you put yourself in the shoes of the consumer and they say why would you but it as a consumer gonna buy the trusted brand unless there's a big difference so a lot of time you know entrepreneur will come up with something which is only slightly better in and its it is not can't just be slightly better it's got to be a lot better
Turn the music off, please...
And that's the life of new young tech entrepreneurs. Cause one way is as he said if your product has an untapped market then the chance of your product to be used is pretty high but otherwise your product should be really better than the competitors and for soloprenuers it's really tough.
Pillows and blankets with cooling.
Exactly, because value in my estimation is rated by price-point, service, and overall excellence .
This is why Tesla succeeded despite tremendous quality issues that would have sunk just another ICE carmaker. The PRODUCT was high tech electric family vehicles that smoked supercars off the line, and just keep getting better.
i was confused till he said "you gotta make it ALOT better not just a lil better"
Thanks for the video
He’s absolutely right
Advice bagged 🎒
The new industries because the expansion. They also must compliance the legal matters for the mass dependency. If it is not they might not meet the majority support.
Well said! Take the normal, do the complete opposite and completely stand out! Be different! Be the most authentic version of yourself so you can stand out and show up and thrive! Let's Go!!!!
LOL its crazy how people think everything is inspiring and advice when coming from someone rich. Is it not obvious that your goal with any business is to offer the best service or product possible?
Where does the electricity come from that power’s the charging station? wind , solar? Hydro? Or fossil fuel?? You can’t jump from one to another as fast as some people may think. Just asking
True!!! 👍👍👍