Name: Elon Musk's Top 10 Rules For Success - Volume 2 (@elonmusk)
Uploaded: 2017-08-29T14:14:43.000Z
Duration: 22 min 19 s
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

- People should think, well,
"I feel fear about this,

Like, there'd have to
be definitely something

And there's a friend
of mine who says, like,

And a successful company
is very much more about,

The one thing I couldn't
compress was the cost of launch

and the US options were way too expensive,

so I ended up going to Russia three times

to try to buy the biggest ICBM
in the Russian nuclear fleet.

- He's the CEO of SpaceX and Tesla Motors,

always revolve around changing
the world and humanity.

He has an estimated net worth
of 11.5 billion dollars.

He's Elon Musk, and here's my take on his

and make sure to stick around all the way

Also, as Elon's talking,
if he says something

- You are unusually
fearless and willing to go

in the face of other people
telling you something is crazy,

Where does that come from,
or how do you think about

making a decision when everyone tells you,

- Well, first of all,
I'd say I actually think

I feel fear quite strongly,
so it's not as though

But there are just times when something is

important enough, that
you believe in it enough,

Like, you'd have to
definitely have something

mentally wrong with you
if you didn't feel fear.

- So, you just feel it,
and let the importance

can be helpful is
fatalism, at some degree.

then that diminishes fear,
so when starting SpaceX,

I thought the odds of
success were less than 10%,

and I just accepted
that actually, probably,

but that maybe, we
would make some progress

Even if we died, maybe some other company

could pick up the baton
and keep moving it forward,

I thought, you know, odds of a car company

I would definitely advise people
who are starting a company

to expect a long period
of quite high difficulty.

- But, I mean, as long as
people stay super-focused

on creating the absolute
best product to service

If they stay focused on
that, then basically,

if you get it such that your
customers want you to succeed,

You have to focus on the
customer and delivering for them.

your odds of success of
are dramatically higher.

One does have to be
focused on the short-term

and money coming in
when creating a company,

so a lot of the times, people will think,

like, creating a company
is going to be fun.

and there are periods
where it's just awful.

And particularly, if
you're CEO of the company,

See, there's no point
in spending your time

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Elon Musk's Top 10 Rules For Success - Volume 2 (@elonmusk)

stuff

sort

constantly

assume