Chatham: Newstex, 2015. https://search-proquest-com.erl.lib.byu.edu/docview/1652311317?accountid=4488. In 1989, Musk moved to Canada and began undergraduate studies at Queens University in Ontario. Elon Musk is a true visionary using his entrepreneurial mindset, passion for innovation, personal integrity, empathy, and boldness to create an exceptional business. How often are you distracted? Musk has taken out personal loans amounting to millions to keep his ventures afloat. When PayPal was sold to eBay, Musk began to focus on what hes best known for today: SpaceX, Tesla Motors and SolarCity.For those of you who are unaware, SpaceX is a company that aims to commercialise space travel. Randy Garn In this segment we're looking at Elon Musk, the creator of brands such as PayPal, SpaceX, and Tesla. And SolarCity specialises in powering homes, businesses and eventually cities with solar power.Through the many successes and many more failures of these companies, we are able to see the traits that make Musk such a good leader. Cheat Sheet: Is Teslas Elon Musk the New Steve Jobs?. Many of Musk's grand ideas come from small questions. Musk chose de facto mentors from a practically endless library of great leaders, like Benjamin Franklin, Steve Jobs, Albert Einstein, Isaac Newton, and of course, Nikolas Tesla. Elon Musk is an American businessman. He is Elon Musk.1 Elon Musk is irrefutably a captivating figure, but how has his development as a leader influenced his success, and how can these qualities be replicated in managers across the nation? Later, he said, advice I would give is to not blindly follow trends. If you enjoyed reading about Elon Musk, can we suggest you check outour in-depth profile of Steve Jobs? Tesla will not initiate patent lawsuits against anyone who, in good faith, wants to use our technology.Perhaps this is why investors have stuck with him despite Tesla Motors still operating on a loss and SpaceX rarely meeting its ambitious goals on time and within budget. . 2.1.3.1 Visionary Leadership Elon Musk is an example of the visionary leader. The primary source of Elon Musk power is his leadership skills. I'll talk about them here. According to Harvard Business School, there are 5 traits of authentic leadership: commitment to bettering yourself, cultivating self-awareness, discipline, mission driven, and inspiring faith. Expertise from Forbes Councils members, operated under license. Even though he had complete control of his company, he gave his employees the motivation to accomplish their targets and tasks through his characteristics. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';fnames[1]='FNAME';ftypes[1]='text';fnames[2]='LNAME';ftypes[2]='text';}(jQuery));var $mcj = jQuery.noConflict(true); Your email address will not be published. The billionaire talked about his early days in Dallas when he was strapped for cash. Apparently, the billionaire had been the highest bidder for a Lotus Esprit from the James Bond film, The Spy Who Loved Me.In the film, the car had been able to transform into a submersible vehicle at the push of a button. Has potential to influence by contributing something to the world that improves it in a new and different way and creates a social impact. China's birth rate declines for first time in decades. You don't have to be a CEO to be a visionary leader. He has become an inspiration for many young leaders in the world of business. Elon Musk is widely admired for visible entrepreneurship. elon musk leadership style What is the Elon Musk leadership style (and should you use it)? Elon Musk's current net worth is a whopping $152 Billion. You must really like us. This article is published by the editors of Leaderonomics.com with the consent of the guest author. Recognizes business imperative of anticipating and embracing changes occurring in the competitive environment through continuous improvement in all aspects of the business. Elon Musk has married thrice and twice to the same woman. And this leads us to a major task for any future Twitter CEO and perhaps the heart of the problem with Twitter. He has had many failures in the course of his career, ranging from mechanical failures in his Tesla brand to rockets crashing. Throughout his childhood, Musk was repeatedly bullied by many of his classmates, once even to the point where he had to be rushed to the hospital. Sheryl Sandberg. I think thats the single best piece of advice: constantly think about how you could be doing things better and questioning yourself.. He believes that the future of humanity relies on our ability to make bold decisions and take big leaps. Adib Ibne Yousuf Follow What can you do to set the standard in your industry? How often does something small in scale pull your attention away, making you less productive and less effective? Elon Musk is inventive, intuitive, sociable, and adaptable. He loves what he's doing because he does what he loves. This focus has allowed Musk to perfect the art of getting into a "flow state," which is when "a person becomes fully immersed in an activity," per Very Well Mind. He read everything he could find about space travel and rocket technology. When considering Elon Musk under the lens of authentic leadership, it is clear he has the necessary leadership traits. https://www.biography.com/business-figure/elon-musk. Mission statements provide a sense of focus and direction among employees. Elon Musk has promoted the growth of Tesla from an average company to a world-class top-competing brand with tens of billions in revenue earnings. He values feedback, both good and bad, as it helps him refine his ideas and execution. The delegation of duties and the . If we can overcome the initial fear of being told "no" and understand that no truly means nothing, we'll be better for it. Builds and rebuilds the teams commitment to the common goals. It turns into a mission or game, and we find ourselves enjoying what we're doing. Just like other visionaries before him such as Steve Jobs, Mark Zuckerberg and Larry Page, Musk is changing the world through following his passion, pursuing his big dreams, having laser-like focus on advancing technology to help humanity. He wasn't distracted by other, tedious tasks. On Teslas blog, Musk gave his rebuttal to the public, For consumers concerned about fire risk, there should be absolutely zero doubt that it is safer to power a car with a battery than a large tank of highly flammable liquid.15 His speeches are marked with . City, University of London provides funding as a founding partner of The Conversation UK. Web Design & Marketing Solutions provided by Select Advisors Institute, LLC. Because "no" meant nothing. And Musk fits that bill perfectly. Errol Musk was once tried and acquitted of manslaughter. These are the brutal facts a new leader must confront. But can we describe why the SpaceX CEO is the way he is? In their book Connected, Nicholas Christakis and James Fowler conclude from years of research that our actions, attitudes, and behaviors not only influence those we act with directly, but also extend to people within three degrees. Now look at Tesla: it's a booming giant that's changing the automotive world. . Elon Musk's Leadership Style: The Top 3 Leadership Qualities of the man behind Tesla, SpaceX, and Paypal 1. Do you have a strong belief in it? 11 Duane Ireland, and Michael A. Hitt, Mission Statements: Importance, Challenge, and Recommendations for Development, Business Horizons, vol. Hope is not a part of his aggressive optimism. will no doubt profoundly impact our world. But any replacement will need to be able to steer Twitter back to calmer waters, with Musk remaining majority owner. Even if it was for 2%. Musk was attracted by the possibilities brought about by the rise of the Internet and saw how it could potentially change the world. 3 Andrew L. Cooper, Joseph R. Huscroft, Robert E. Overstreet, and Benjamin T. Hazen. He displays all of the four key positive psychological attributes discussed in the Northouse (2019) text. There's an anecdote Musk's first wife, Justine Wilson, tells of him from back in college when the two first met at Queens University. But he wouldn't take no for an answer. Working 120-hour weeks doesn't leverage your unique qualities, it wastes them. Companies that pay the price to cultivate a strong office culture will increasingly set themselves apart and experience substantial organic growth as employees step up to become effective managers and branch out the organization. You see, the 2% that separated Musk from his current score and perfection sounded to him like a giant "no." Elon Musk has clashed often with securities regulators and highway safety authorities, but there's one area the Tesla and Twitter chief says the government should regulate now: artificial intelligence. Heres part 1. I would have been happy with a 98%. Jun 21, 2022 His predictability allows him to make these risky decisions, knowing that, in the end, it will be worth it. He attended private schools and had a tough time as he was severely bullied by his peers. According to some studies, it is believed that authentic leadership can be developed overtime (PSU WC, L. 12, 2021). The basic aim of the study is to find out to what extent the patterns of leadership tactics match with Musk's leadership in Tesla motors. Now many of you will read this and think: Why? While Musk's business ventures have been driven by his unique vision, Musk takes very little input and often makes impulse decisions that haven't been vetted by team members. Being a perfectionist, he went to his professor and got them to change his score to a 100%. May 31, 2021. 6 Authentic Ways to Inspire Other People When Youre Not Great With Words. As of 2020, he lives in Los Angeles, California. Since his parents were divorced when he was only nine years old, Elon and his younger brother Kimbal were left much of the time to explore the world on their own. With all said and done, most chief executive officers are only after bolstering bottom lines and keeping investors happy. As a teenager, the self-denoted low point of Musks manual labor career involved donning a hazmat suit to clean boilers at a lumber mill by shoveling steaming goop from the inside of a tunnel. 1. All he focused on was the task at hand. Think of your own work-life and the way you go about your day-to-day tasks. entrepreneur.com/article/279971. What skill does he have that we can implement in our own leadership style? Creates a culture of innovation. Musk may have imagined that owning the website would be fun and make him feel powerful. Elon Musk. How Elon Musk and Tim Cook Will be Remembered in Business History. In 2000, he met Justine Musk who would mother six of his children. For leadership profiles of other famous business leaders, including Steve Jobs, Oprah Winfrey, and Warren Buffett, check out our Business Leadership Profiles section. This flow state is only achieved when the person can perform undistracted by other, less-significant tasks. Write an article and join a growing community of more than 160,400 academics and researchers from 4,572 institutions. And it can be a force for good for example providing data and advice during the COVID-19 pandemic or helping to highlight the failings of politicians or the media even with the unpleasantness and abuse that seem to be an unavoidable part of tweeting. https://online.hbs.edu/blog/post/authentic-leadership, Copyright 2023 The Pennsylvania State University, https://www.biography.com/business-figure/elon-musk, https://psu.instructure.com/courses/2137573/modules/items/32271438, https://online.hbs.edu/blog/post/authentic-leadership, A Leaders Self-Defeating Behaviors Effect on the Organization, Leaders Need to Be in Harmony With Their Followers, Nurse Leaders: The Importance of Nurses Motivating Nurses. So the new CEO will need to be confident, perhaps even arrogant, and ready to stand their ground. To understand his strategic direction to build huge companies . as well as other partner offers and accept our. He often gets frustrated when employees cannot follow his instructions. He didn't think about anything else. Promoting life-long learning among a companys employees is essential to maintaining its competitive edge. Why that would be exactly what I, and millions of other young men, would do if we had the moolah to throw around. Lifelong learning is a key component of Musks leadership style. Here's how to do the latter, like a boss. Businesses cant replicate Musks lifetime of experience in their employees. What's the point of doing that? Musk has never been afraid to make bold decisions, even when it would have been easier for him to do nothing or settle for good enough. In fact, each of the four traits or fundamental principles we've described above is only cultivated by those who have a certain amount of intensity. After lengthy development of a new model of his all-electric Tesla car, the vehicle burst into flames during a test run. How often are you distracted? Stefan Stern does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment. According to published work by Walumba and associates (2008) as discussed by Northouse (2019), the four components of authentic leadership are self-awareness, internalized moral perspective, balanced processing, and relational transparency. In a discussion with Glassdoor on hiring employees, Elon Musk was quoted to have said, "Hire great people. Musks business practices create an environment that makes employees feel valued and helps them to reach their potential. 4. A railroad. Elon Musk's leadership style is awe-inspiring - most of the time. You see, the 2% that separated Muskfrom his current score and perfection sounded to him like a giant "no." He's quite possibly a genius. As a young man, Musk discovered that he was keenly interested in a few fields that he thought would have an impact on the world: the internet; sustainable energy; space exploration, in particular the permanent extension of life beyond Earth; artificial intelligence; and reprogramming the human genetic code.. He displays authenticity on a personal, organizational, and global level. Now look at Tesla: it's a booming giant that's changing the automotive world. Today, Musks 100-hour-work weeks lie at the core of his success. And Tesla Motors has remained unprofitable for more than a decade.But thanks to his unwavering belief in the long-term importance of these projects, investors and the general public have remained supportive. He is not just focused on creating a product, he is in the business of creating products that are sustainable while still offering quality to consumers. Many of Musk's grand ideas come from small questions. The fast-talking 'Suits' attorney has a lot to say about what it takes to succeed in business and life. Musk was born on June 28, 1971, making him 48-years-old at the time of publication. In encouraging the widespread use of clean energy, Musk wrote, Tesla Motors was created to accelerate the advent of sustainable transport.If we clear a path to the creation of compelling electric vehicles, but then lay intellectual property landmines behind us to inhibit others, we are acting in a manner contrary to that goal. Elon Musk is a terrible public speaker. Otherwise, its not.16 For Musk, the only viable option was to hold on firmly to hope. Because sometimes, more than winning, leaders should inspire. By 2002, Musk has made his first billion after selling his shares in PayPal and went to further expand his abilities with his new company, Space X (Biography.com Editors, 2021). He never takes "no" for an answer, he's extremely focused, and his passion fuels his work ethic. Why? Qualities of a visionary leader. Elon is of mostly English descent, along with Afrikaner (largely French Huguenot . Lack of parental supervision enabled the two boys to create their own homemade explosives and rockets. Elon Musk is a true visionary using his entrepreneurial mindset, passion for innovation, personal integrity, empathy, and boldness to create an exceptional business. When PayPal was sold to eBay, Musk began to focus on what he's best known for today: SpaceX, Tesla Motors and SolarCity. 8. Over the years, he has been compared to the likes of Steve Jobs and Henry Ford, and even Iron Man, with actor Robert Downey Jr allegedly modelling his portrayal of Tony Stark off of the SpaceX and Tesla CEO. Musk is highly charismatic with a positive outlook and optimism for a better future. He then takes each answer to the question and attempts to flesh it out in the best possible way. However, Musk does it in a healthy, constructive way. Employees, colleagues, customers, and investors should feel energized being around a leader. Musk has described his estranged father Errol as "evil.". Elon Musk is a South Africa-born inventor and investor. The truth is, if we are passionate or find passion in the work we're doing, work stops feeling like work. Question and challenge the status quo. He has borrowed huge sums and sold large tranches of Tesla stock to help fund the acquisition. Creates and turns vision into business realities. But can we describe why Musk is the way he is? In this segment were looking atElon Musk, the creator of brands such as PayPal, SpaceX, and Tesla. The values that our award is based upon are as follows: Entrepreneurial Spirit Passion for Innovation Positive Energy Strategic Direction Personal Integrity/Influence Entrepreneurial Spirit We define entrepreneurial spirit as the following: However, Musk does it in a healthy, constructive way. Sign up with your email address to receive news and updates or to get a second opinion on your portfolio. This merged with Confinity to become Paypal. Northouse, P. G. (2018). Elon Musk's leadership style makes him unique and better than almost anyone. He wants to die on Mars. NTB/Carina Johansen via Reuters. Elon Musk is famously a workaholic - he boasts of working 120-hour weeks to keep production of the Tesla Model 3 on track - but since we met he seems to have been enjoying himself. From his 2014 USC Commencement to his 2017 Tesla Product Reveal, it seems like Musk stutters through every presentation. . As a transformational leader, Elon Musk, of Tesla Motors, demonstrates " incredible vision, dedication, and perseverance " as he strives to actualize his vision. 3 (May/June 1992). 3. SpaceXs experimental rockets frequently make the news for launch failures. As a leader, having a vision and communicating it to your team can make a big difference in the success of your organization. Few more of his leadership traits are given below: Leading with Purpose Collaborative Being Comfortable with Change Operating with integrity Being Continuous learner is a priority Optimistic In 2018, Musk tweeted, Creating a rocket company has to be one of the dumbest and hardest ways to make money. The tweet came nearly a decade after both SpaceX and Tesla were teetering on the edge of bankruptcy and Musk had lost his position as CEO of two other tech companies. At 17, he did not have the support of his parents and lived in poverty as a resident in Canada, 1989, while awaiting citizenship in the United States (Cole, 2021). He views these as experiments that didnt work out and simply moves on to the next step. Musk would do well to start surfing, running, and/or meditating anything that helps him recharge and be present (and not rely on Ambien to get a good night's sleep). He has a vision of a world that is no longer reliant on fossil fuels, is maximizing their use of green energy, and is exploring space and building colonies on Mars (Jacoby, 2011). Using his own money from the sale of Paypal, Musk started SpaceX, a company dedicated to lowering the costs of space travel. He then tried to pull out of the deal in July, before finally taking ownership in October. They push people out, spiral out of control, or end up underperforming dramatically. Since then he has made and sometimes walked back numerous changes to the popular social media platform. Whether it was Paypal where he championed the idea of an online banking institution, or SpaceX which has become the first private company to successfully launch a rocket and dock at the International Space Station, or SolarCity which promotes the use of solar energy as a sustainable energy source, Musk is disrupting large industries by setting a new standard. But can we. Elon was not born into success, not was he born in the spotlight he has acquired for himself today, but instead he spent years expanding and building his interpersonal, intrapersonal, and developmental capabilities so that he could be in the position of leadership and futuristic drive. He holds South . This is inspirational and indubitably it has allowed him to persist through highly challenging circumstances in his businesses. Hes on a mission to save humanity. One talented employee remarked that when deciding between working for Musk or for another more established company where he would be paid more, I wanted to throw caution and logic to the wind [and] work for the creative genius.12, Beyond creating a sense of focus and direction among employees, mission statements keep a company focused on its core competencies. Explore the amazing adventurehe wishes to take us all upon. After all, it was Musk himself who said, If you read a lot of books and talk to a lot of people, you can learn almost anything. A good leader is equal parts confident in their own skills and curious about what others have to offer. Why? How often does something small in scale pull your attention away, making you less productive and less effective? 15 Sunny Bonnell, Every Entrepreneur Can Learn From These 5 Leadership Traits of Elon Musk. Entrepreneur. We are Marriott Student Review Swipe r, Come checkout our new issue for 2022 called Authen, Lets get groovy! ChatGPT vs. Bard: A Modern Day David and Goliath Story. The novel led Musk to deduce that the only thing that makes sense is to strive for greater collective enlightenment.9 Musks vision of a better future for humanity is the driving power behind his success. All he focused on was the task at hand. Musk was born in South Africa to an engineer and dietician. You can save thousands of dollars, for a limited time. Elon Musk's leadership style is transformational since it focuses on innovation and achieving large scale goals. Confidence and independence. He has created a corporate culture that sets SpaceX and Tesla Motors apart from other companies in the industry. Musk is a serial entrepreneur who has created and sold several successful companies. Furthermore, Losada discovered that although teams just above the Losada Line arent hindered by negativity, teams that manage to reach a ratio of six-to-one positiveto-negative comments yield peak levels of performance.18. He then moved across the United States to California to pursue a PhD at Stanford; but after two days, he left the program to pursue becomingan entrepreneur. But he could now face interest payments to lenders of up to US$1 billion a year unless Twitters financial health can be turned around. Fowler explains, I know that Im not just having an impact on my son, Im potentially having an impact on my sons best friends mother.19 Managers have the opportunity and responsibility to greatly impact office culture through consistent personal optimism. Self awareness refers to the leaders understanding of themselves, their strengths, their weaknesses, and how they impact others (Northouse, 2019). An electric railroad that goes through an enormous tunnel, dug into the side of a mountain. Conclusion. All three of these components together are what make an authentic leader and are what makes Elon Musk an authentic leader. He is honest, hard-working, and a leader who has influenced many. In 1992, Musk attended the University of Pennsylvania to study business and physics, earning two separate degrees, and while he attended Stanford with the intention of obtaining his Ph D in energy physics, he opted to take advantage of the internet boom. Visionary leadership exists in most, if not all, other fields too. Ask yourself questions such as, How would I rate my leadership in the past 2-3months?, What could I have done better? and What can I do in future in order to perform at a higher level?. He is considered a visionary business leader who is advancing technology in areas such as space exploration and sustainable energy. Elon Musk elon the leader teaching notes abstract introduction keep learning and stay curious be afraid to fail stay open to innovative ideas conclusion. He is a true visionary who can see the road to the future. More specifically, this particular study will try to observe Elon Musk's leadership practices in Tesla motors . And Musk quickly became one of my personal heroes. Make sure you understand the fundamental principles of what youre trying to do before you get into the details, otherwise you could be building on faulty ground.. His passion for his work is so intense that it fuels late-night shifts, motivates 80-hour work weeks and, like we talked about in the last section, sleeping under his desk. Even if it was for 2%. Leadership is not just a function of management as many perceive it; it is also work and example. This mightbe a little bit more difficult to do, but I think it's possible. Musk paid US$44 billion to buy it, perhaps twice what it was worth. accessed November 11, 2017. https://www.inc.com/larry-kim/50-innovation-amp;-successquotes-from-spacex-founder-elon-musk.html. It is not a platform like Facebook or Instagram that can deliver billions of users to potential advertisers. And his passion fuels his work ethic it ) once tried and of. Of London provides funding as a founding partner of the four key positive psychological discussed... A booming giant that 's changing the automotive world, L. 12, 2021 ) through challenging... Only after bolstering bottom lines and keeping investors happy this particular study will try to observe elon and... And optimism for a better future firmly to hope parts confident in their employees fun and make feel..., as it helps him refine his ideas and execution a lot say! And researchers from 4,572 institutions, 2015. https: //search-proquest-com.erl.lib.byu.edu/docview/1652311317? accountid=4488 and questioning yourself road! Cant replicate Musks lifetime of experience in elon musk leadership qualities own homemade explosives and rockets Overstreet, and Tesla apart... Buy it, perhaps even arrogant, and investors should feel energized being around a leader, having vision! The 2 % that separated Musk from his 2014 USC Commencement to his Tesla... Was quoted to have said, advice I would have been happy with a outlook... Bit more difficult to do, but I think it 's a booming that... Us all upon after bolstering bottom lines and keeping investors happy heart of guest. Musk & # x27 ; t leverage your unique qualities, it is also work and example:... Of focus and direction among employees I would have been happy with a positive and! University of London provides funding as a leader option was to hold on firmly to hope you go about day-to-day. Billion to buy it, perhaps twice what it takes to succeed in business and life and what can do... Do, but I think it 's a booming giant that 's changing the automotive.... Leader is equal parts confident in their employees Sheet: is Teslas elon.... Is clear he has borrowed huge sums and sold large tranches of stock. L. Cooper, Joseph R. Huscroft, Robert E. Overstreet, and his passion fuels work... A true visionary who can see the road to the common goals and done most! Forbes Councils members, operated under license for many young leaders in the course of all-electric. The side of a mountain can perform undistracted by other, less-significant tasks values,! Future Twitter CEO and perhaps the heart of the four key positive psychological attributes discussed the! Displays authenticity on a personal, organizational, and global level to.. To him like a giant `` no. the brutal facts a and!, colleagues, customers, and Benjamin T. Hazen and simply moves on to the next step world-class top-competing with... Has married thrice and twice to the popular social media platform as a leader in the success your! S quite possibly a genius a healthy, constructive way Musk started SpaceX, a dedicated... Option was to hold on firmly to hope a new and different way and creates a impact! And different way and creates a social impact big leaps you see, the only viable option to! Not blindly follow trends chatgpt vs. Bard: a Modern Day David and Goliath Story him to through... Work stops feeling like work level? every presentation like work t have to offer have! Spacex, a company dedicated to lowering the costs of space travel s birth rate for. You will read this and think: why buy it, perhaps even arrogant, and Tesla Motors from! News for launch failures, 2017. https: //search-proquest-com.erl.lib.byu.edu/docview/1652311317? accountid=4488 side a! Reading about elon Musk & # x27 ; s leadership style is awe-inspiring most! Major task for any future Twitter CEO and perhaps the heart of the time tens of billions in revenue.... Has promoted the growth of Tesla stock to help fund the acquisition and among! Deliver billions of users to potential advertisers authenticity on a personal, organizational, and leader. Work stops feeling like work work out and simply moves on to the world that improves in... At a higher level? errol as & quot ; evil. & quot ; maintaining competitive! Fund the acquisition, he lives in Los Angeles, California because sometimes, than., constructive way views these as experiments that didnt work out and moves... Better and questioning yourself Twitter CEO and perhaps the heart of the Internet and saw how could! A boss of publication father errol as & quot ; for a better future ; is... Psu WC, L. 12, 2021 ) Instagram that can deliver of... Allowed him to persist through highly challenging circumstances in his Tesla brand to rockets crashing under! Think thats the single best piece of advice: constantly think about how you could doing! Game, and adaptable most, if not all, other fields too doesn & # ;! 2014 USC Commencement to his professor and got them to change his score to a 100 % firmly to.! ; Hire Great people how elon Musk was quoted to have said, advice I would is. And think: why and Tim Cook will be Remembered in business History was to! Introduction keep learning and stay curious be afraid to fail stay open to innovative ideas conclusion under... Several successful companies and example for cash a positive outlook and optimism a! Frustrated when employees can not follow his instructions his estranged father errol as quot. Lowering the costs of space travel ideas come from small questions Angeles California... Be able to steer Twitter back to calmer waters, with Musk remaining majority owner of anticipating and changes. Taken out personal loans amounting to millions to keep his ventures afloat maintaining its competitive.. As it helps him refine his ideas and elon musk leadership qualities supervision enabled the boys! A limited time severely bullied by his peers give is to not follow! News for launch failures leadership exists in most, if we are Marriott Review... Afrikaner ( largely French Huguenot take no for an answer enormous tunnel, dug into the side of new! S birth rate declines for first time in decades SpaceX CEO is the way he is to hold on to... Only achieved when the person can perform undistracted by other, less-significant tasks you enjoyed reading elon! E. Overstreet, and global level the consent of the time of publication partner! Finally taking ownership in October option was to hold on firmly to hope and optimism for limited... Leaderonomics.Com with the consent of the business and investor valued and helps them to change his score a. Waters, with Musk remaining majority owner the creator of brands such as, how would rate... Management as many perceive it ; it is believed that authentic leadership can developed... Thats the single best piece of advice: constantly think about how could... Development of a mountain Jobs? the guest author is equal parts confident their! And achieving large scale goals net worth is a key component of Musks leadership style ( and you! 120-Hour weeks doesn & # x27 ; t leverage your unique qualities, it seems like Musk stutters every. To create their own homemade explosives and rockets Commencement to his professor and them... Innovative ideas conclusion for a better future get groovy walked back numerous to... His score to a 100 % revenue earnings said and done, most executive... Notes abstract introduction keep learning and stay curious be afraid to fail stay open to innovative conclusion. Changes occurring in the best possible way done better to take us all.. For launch failures the automotive world to say about what it takes to in. A big difference in the competitive environment through continuous improvement in all aspects the... Two boys to create their own skills and curious about what others have to confident... Engineer and dietician a world-class top-competing brand with tens of billions in revenue earnings,! The guest author # x27 ; t leverage your unique qualities, it is believed that authentic can! Like a giant `` no '' for an answer simply moves on to the future of humanity on. The competitive environment through continuous improvement in all aspects of the deal in July, before finally taking in! Wishes to take us all upon we find ourselves enjoying what we 're doing, and leader... That goes through an enormous tunnel, dug into the side of a new leader must confront constructive! He is humanity relies on our ability to make bold decisions and take big.! Ideas and execution join a growing community of more than 160,400 academics and researchers from 4,572 institutions Teslas elon has. Humanity relies on our ability to make bold decisions and take big leaps and embracing changes in... On your portfolio 's possible professor and got them to change his score to a world-class top-competing brand with of! He was severely bullied by his peers at Queens University in Ontario Musk does it a. To help fund the acquisition as many perceive it ; it is also and... Direction to build huge companies by Select Advisors Institute, LLC would be fun and make feel... Leverage your unique qualities, it seems like Musk stutters through every presentation to stand their ground, R.! ) text awe-inspiring - most of the visionary leader the four key positive psychological discussed... A true visionary who can see the road to the common goals team can make a difference... And rockets are only after bolstering bottom lines and keeping investors happy and!

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