Elon Musk's Speech Will Leave You SPEECHLESS | Elon Musk Motivation

hi i'm elon musk um i'm the co-founder of tesla spacex uh paypal and zip2 i certainly didn't expect to be to be uh for any of these things to happen honestly yeah i just you know i know i wanted to be involved in technology um and uh in fact the only reason i started a company back in 95 an internet company was because i couldn't get it there were only a few internet companies and i couldn't get a job at any of them i tried to get a job at netscape um and uh sent my resume and i tried hanging out in the lobby but i was too shy to talk to anyone and and then i was like okay well i guess i'll have to start a company because i can't get a job anywhere you know there are american heroes who don't like this idea neil armstrong gene cernan have both testified against commercial space flight and the way that you're developing it and i wonder what you think of that i was very sad to see that because those guys are yeah you know those guys are heroes of mine so it's really tough when you had that third failure in a row did you think i need to pack this in never why not i don't ever give up technically what i thought was well i'll take half the money from paypal and if i lose half of it that's okay but then of course the companies encounter difficulties and then have a choice of the either like let the company die or put you know all the money into the companies and so i really didn't want the companies to die so i put all the money in the companies yeah and then i had to borrow money for friends to pay living expenses and then i think the final thing i would encourage you to do is now is the time to take risk as you get older your obligations increase so and once you have a family you start taking risk not just for yourself but for your family as well it gets much harder to do things that might not work out um so now is the time to do that before you before you have those obligations so i would encourage you to take risks now and do something well first of all i'd say starting a business is not for everyone you know so uh generally starting a business i'd say number one is have a high pain threshold that's it um there's a friend of mine who's got a good saying which is that starting a company is like eating glass and staring into the abyss okay that's um that's generally what happens because um when you first start a company there's lots of optimism and things that things are great and then so happiness at first is high then you encounter all sorts of issues uh and happiness will steadily decline and then you'll go through a whole world of hurt you'll if you succeed and in most cases you will not succeed and tesla almost didn't succeed came very close to failure um then if you succeed then after a long time you will finally get back to happiness a lot of times uh you know entrepreneur will come up with something which is only slightly better and it's it's not can't just be slightly better it's got to be a lot better when trying different things you've got to have some acceptance of failure as you're alluding to earlier failure must be an option if failure is not an option it's going to result in extremely conservative choices and you may not may get something even worse than lack of innovation things may go backwards [Music] you've said that this has been the toughest year for you the most sort of passing year for you like why well i mean tesla really faced the severe uh threat threat of death due to the model 3 production ramp essentially the company was bleeding money like crazy and and just if if we didn't solve these problems in a very short period of time uh we would die uh and it was extremely difficult to solve them how close to death did you come we are within single digit weeks 22 hours a day or like what how many hours yeah seven days a week sleeping in the factory uh i worked every day from the i worked in the oaks in the paint shop general assembly body shop you ever worry about yourself imploding like it's just too much absolutely no one should put this many hours into work this is not good and people should not work this hard i'm not they should not do this this is very painful painful in what sense it's because my ears my brain and my heart so it's this is not recommended for anyone i just did it because if i didn't do it then tesla your chances would die if you're trying to figure out what others love but you don't love it it's really hard to make that great so when you work on something if you fall in love with it that's that's a good sign and then don't worry about if others do if you do others will do you see apple building a car and that may be being a threat to you well i would encourage more participation um by whoever it is to create electric vehicles um it's it's quite hard to do um but i think uh companies like apple will probably make a compelling electric car it seems like the obvious thing to do well there's a ton of failures along the way that's for sure um like so as i said for spacex the first three launches failed and uh we actually were just barely able to scrape together enough parts and money to do the the fourth launch that fourth launch had failed we would have been dead so multiple failures along the way um i tried very hard to get the right expertise in for for spacex i tried hard to to find a great chief engineer for the rocket but it not the good chief engineers wouldn't join and the bad ones well there was no point in hiring them so i ended up being chief engineer of the rocket so if i could have found somebody better than we would have maybe had less than three failures all you want to do particularly if you're starting a company you need to work super hard so what what does super hard mean well when my brother and i were starting our first company uh instead of getting an apartment we just rented us a small office and we slept on the couch and we we showered at the the ymca and uh we're so hot up we had just one computer so the website was up during the day uh and i was coding at night seven days a week all the time there are times when things don't go well and then uh that's quite dispersing for sure and so then it's difficult to proceed with the same level of enthusiasm um but um but i do think like i do think the things that we're doing are you know pretty important to the future um and if we don't succeed then we'll be certainly pointed to as a reason why people shouldn't even try for these things work hard like i mean every waking hour that's that's the the thing i would i would say if you particularly if you're starting a company um and i mean if you do simple math say like okay if somebody else is working 50 hours and you're working 100 you'll get twice as done as much done in the course of a year as the other company if you're if you're in a race um is it don't worry about what how the other what the other runners are doing just wrong you can train yourself to to pay attention to the tiny details i think almost anyone can although it it this is a very much double-edged sword because then you see all the little details and then little things drive you crazy

Channel: Elon Musk Zone

Views: 778,053

Rating: 4.9173441 out of 5

Keywords: elon musk, elon musk motivation, elon musk motivational speech, Why you wouldn't want to be me Elon Musk, elon musk inspiring speech, elon musk best speech, elon musk crying, elon musk emotional speech, why you wouldn't to be elon musk, elon musk inspirational video, elon musk emotional, elon musk mindset, elon musk hard path, elon musk tears up speech, elon musk tears up, elon musk holding back tears, business core, What is the Price of Success, motivation core

Id: vyzdlD44ebk

Length: 8min 10sec (490 seconds)

Published: Wed Jul 07 2021

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