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). Explore the amazing adventurehe wishes to take us all upon. By He is the son of Maye Musk (Haldeman), a model and dietitian, and Errol Musk, an engineer. Musk is a perfect case study for someone whose work ethic is fueled by his passion. Give the obvious answers, then put your spin on those answers and pursue them with tenacity. By any measure, Elon Musk is exceptionally successful. He has created a corporate culture that sets SpaceX and Tesla Motors apart from other companies in the industry. It also motivates him to start new companies, even if they initially need to work out. ), Musk has been working to solve these growing problems for more than a decade.To paraphrase an amusing analogy I recently came across: While most industry leaders have been playing checkers, Musk has been playing StarCraft.But more than having a vision, leaders should clearly communicate that vision to their followers. Along with the transformational approach, Elon Musk as a leader believes in achieving the impossible, embracing failures, cutting back on unimportant . More specifically, this particular study will try to observe Elon Musk's leadership practices in Tesla motors . But can we describe why Musk is the way he is? As a child, Musk became interested in computer programming and taught himself to code. Inspires others to keep up with the pace of change instead of staying with a day-late idea. 1. Opinions expressed are those of the author. How often are you distracted? That 100% meant enough to him that he put himself in a possibly awkward situation, speaking with his professor, and having the hard conversation that many people shy away from. Musk generally influences people in his organization as well as outside world by using great communication skills. How do we make California transit more convenient? If being willful, and opinionated, yet adaptable are key traits to great leaders. Encyclopdia Britannica. 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. 11 Duane Ireland, and Michael A. Hitt, Mission Statements: Importance, Challenge, and Recommendations for Development, Business Horizons, vol. His solar company is cash-flow positive. Elon Musk has always been remembered as a transformational autocratic leader. From a turbulent childhood in South Africa, to the forefront of global entrepreneurship and innovation, Elon Musk is attempting to lead the world to a better tomorrow. He received his first computer at 9 and by 12 had coded and sold a video game (Cole, 2021). He has used his skills to aid in the design of electric cars and even spaceships. His electric supercars seat seven. How can you schedule your day so you can complete one task, then move to the next, effectively, excitedly, and purposefully? In fact, there was a time during Tesla's infancy where a specific problem needed solving, so Musk would sleep under his desk and work 75-hour weeks until that problem was solved. Had he been afraid of failure, two of the most recognizable companies in the United States may no longer exist. 3 Andrew L. Cooper, Joseph R. Huscroft, Robert E. Overstreet, and Benjamin T. Hazen. When Musk is brave with his decisions, his team is empowered with the same courage. Elon Musk inspires his employees because, although he has high expectations for them, he demands even more from himself. Leaders must be committed to doing the work necessary for the companys success before they will be able to get others to commit. When a leader exhibits these qualities, it creates a sense of trust and authenticity in followers. His first marriage was to Canadian author Justine Wilson in 2000. Warren Buffett. In an ideal world, he could do all of the work himself. 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 WATCH: Elon Musk says Tesla owners could make up to $30,000 a year turning their cars into 'robotaxis'. I've spent much of my professional life working with incredibly high performers, and although they all impress me to no end with their talents, habits, and work ethic, they don't quite reach Musk's level. Required fields are marked *, Notify me of followup comments via e-mail. He began building up shares in the company in January 2022 and his US$44 billion (36 billion) bid to buy the platform was accepted in April. As he has made, sold and ran a bevy of successful companies, its clear that he utilizes a very specific type of leadership to keep the train of innovation chugging. 2.1.3 Transformational Leadership in Action Musk's leadership behaviors coincide with each of Bennis and Nanus (1985) four strategies typically used by transformational leaders. While he has garnered enormous respect due to his transformational leadership, he still exhibits autocratic leadership traits. That is why our content will always be free, and we would be forever grateful to those who help make that possible. But he wouldn't take no for an answer. He also agreed that only paid subscribers should be able to vote on future Twitter policy changes. I believe that he really cares about contributing to society and bringing the human race forward to a better tomorrow.After all, this is the man who allowed other automobile manufacturers to freely make use of Teslas valuable battery technology. 2. 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. Or Elon Musk announcing his company's latest innovation in automobile production. To understand his strategic direction to build huge companies . 6 Authentic Ways to Inspire Other People When Youre Not Great With Words. Great post! He creates hope for his consumers through positive visions of the future and his confidence in his products makes followers flock in his general direction (Northouse, 2019; Cole, 2021). There's an anecdote Musk's first wife tells of him back in college. Unwilling to support apartheid through military service, Musk moved from South Africa to the United States (Cole, 2021). Through his unique life circumstances, Musk has developed the important leadership qualities of being (1) a proactive learner, (2) a hard worker, (3) a bold visionary, and (4) an unwavering optimist, which still influence his success today. He praised Elon Musk's ambition, revealed the traits and attitudes he looks for in people, and cautioned against becoming a VC just to get rich. He often gets frustrated when employees cannot follow his instructions. Together with his brother, he founded Zip2 which was an online directory for businesses. An office culture based on continued learning, leadership by example, clear mission objectives, and positivity is the greenhouse that empowers employees to grow into effective managers. Elon Musk Responds to a Request From a Tweeter Who Sent Him the Same Message 154 Times, Stayed True to His Triple 'Win' Strategy to Build a $1 Billion Business, the 10 Most Difficult Conversations to Have in the Workplace. Here's how to incorporate them into your own entrepreneurial journey. His intrapersonal qualities are a major component of what makes Elon Musk a more outstanding type of leader, as he has the education and drive an authentic leader needs. Although Elon Musk is a one-of-akind CEO, many of the leadership qualities vital to his success can be developed in managers throughout a company. He's quite possibly a genius. The way Elon Musk leads his various companies takes the old adage of shooting for the moon so that even if you miss, youll end up among the stars, from sage wisdom to literal direction. 4. With transformational leadership styles on the rise, Elon Musk has also entered the list of the 21st century's most influential CEOs along with Steve Jobs, Reed Hastings, and Jeff Bezos. It's not hard to think of well-known, visionary leaders of the past few decades. Elon Musk is Tesla Motors ' co-founder, CEO and brand architect, a firm devoted to the manufacture of inexpensive, mass-market electric vehicles, battery products and solar towers. 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. Things could get nasty.". He attended private schools and had a tough time as he was severely bullied by his peers. . 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. Musk has a preternatural ability to see past the current trends and statuses to see what could be. You must really like us. 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? However, Musk does it in a healthy, constructive way. The reason that we feel Elon Musk is an outstanding example of the entrepreneurial spirit is his ability to overcoming disappointment. World-renowned psychologist Shawn Achor asserts in his book The Happiness Advantage that happiness and positivity are key drivers of success and productivity.17 Figure 2 illustrates how, after extensive mathematical modeling, psychologist and business consultant Marcial Losada determined that 2.9013 is the ratio of positive-to-negative interactions necessary to make a corporate team successful. He views these as experiments that didnt work out and simply moves on to the next step. 8 Simon Sinek. Skip to document. What Might That Mean For The Economy? Many of Musk's grand ideas come from small questions. Hope is not a part of his aggressive optimism. Musk is the. The 49-year-old Elon Musk is someone who has countless achievements under his belt. Since then he has made and sometimes walked back numerous changes to the popular social media platform. This kind of thinking makes many companies mediocre. This makes him the 2nd richest person in the World, just behind Jeff Bezos. He dreams about stuff that no one else would How do we make California transit more convenient? Musk was born on June 28, 1971, making him 48-years-old at the time of publication. He is considered a visionary business leader who is advancing technology in areas such as space exploration and sustainable energy. But this small, simple detail is a defining one. An authentic leader creates better relationships with colleagues, creates higher levels of trust, increased productivity, and a more positive working environment (Gavin, 2019). And this leads us to a major task for any future Twitter CEO and perhaps the heart of the problem with Twitter. Musk has responded that hell step down when he finds someone foolish enough to take over as CEO, saying he will run the software and server teams instead. Write an article and join a growing community of more than 160,400 academics and researchers from 4,572 institutions. Jun 21, 2022 Elon Musk is a true visionary using his entrepreneurial mindset, passion for innovation, personal integrity, empathy, and boldness to create an exceptional business. Nations hire him to get to outer space. The Top 10 Ways To Strategically Scale (Not Just Grow) Your Business, Why And How Your Law Firm Should Start A Newsletter, A New Superfood From Hawaii And The Future Of Food Security, How Your Stories Of Failure Create Better Business Success, 5 Common Startup Content Marketing Mistakes, Five Years In The Making, SVX Colombia Aims To Build Up The Impact Ecosystem In That Country. August 10, 2016. accessed November 23, 2017. https://www. Elon Musk possesses the ability to think at the system level of design. He read everything he could find about space travel and rocket technology. I feel the exact same way. Here is how we would define a leader with a passion for innovation. Another factor that helps Musk get into and remain in the flow state has to do with the quality of work he's doing. 8. Tesla balance. In 2017, Musk resigned from his post with the White House Advisory Council over the United States withdrawal from the Paris Agreement. Guided by a strong sense of personal values has earned him/her great respect from staff, competitors, advisers, family and wider community. Trait #3: Glass Half Full Mentality. As a student of leadership, I can see three key requirements for anyone considering - or being considered for - this role right now: 1. He is a force of knowledge that is easily recognizable not only from his long history of business endeavors, but also by his connection to his followers. What's the point of doing that? In 1992, Musk received a scholarship to the University of Pennsylvania, which was his golden ticket into the United States (Cole, 2021). 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. 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. However, businesses can breed leadership qualities (such as those exemplified by Musk) in their employees by (1) developing a learning culture, (2) leading from the front, (3) abiding by a mission statement, and (4) fostering positivity in the workplace. It turns into a mission or game, and we find ourselves enjoying what we're doing. PSYCH 485 | Lesson 12: Authentic Leadership https://psu.instructure.com/courses/2137573/modules/items/32271438. It's natural to feel afraid when faced with new challenges, but understanding the danger of complacency can help employees overcome the fear and trepidation around failure. A railroad. Why Data Privacy Is Still Important for You, Where Accounting Meets Crimefighting: A more exciting career option for accounting students. However, there's no denying that Elon Musk deserves a spot near the top of that list. Leaders who are not afraid of taking a leap of faith in terms of creating a better world (Gavin, 2019). Relies on trusted individuals while showing ability to be an independent thinker and take risks in the face of uncertainty. . Elon Musk's current net worth is a whopping $152 Billion. Copyright 20102023, The Conversation US, Inc. 57.5% of more than 17.5 million Twitter users. 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. I believe Musk's ability to healthfully maintain his intensity comes because of his flow state mindset, his passion for his work, and his absolute focus. Errol Musk was once tried and acquitted of manslaughter. Realizing that learning never stops, staying curious and seeking different venues to satiate that thirst for information means that no one in Musks circle is resting on existing knowledge. This could be a part of why Elon Musk has been so successful. I think thats the single best piece of advice: constantly think about how you could be doing things better and questioning yourself.. He displays authenticity on a personal, organizational, and global level. 19 Nicholas A. Christakis, and James H. Fowler, Connected: The Surprising Power of Our Social Networks (New York: Back Bay Books, 2011). From time to time, take the time to reflect on your own performance as a leader. Even though he had complete control of his company, he gave his employees the motivation to accomplish their targets and tasks through his characteristics. They push people out, spiral out of control, or end up underperforming dramatically. After Ashley Vances book, this is the best piece of writing out there on the man behind Space X and Tesla. Yet, while his unique personality and boundless creativity have led to incredible success for his. Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future. The new leader will have to confront the brutal facts of the situation according to management expert Jim Collins, this is how to begin productive change. He is considered a visionary business leader who is advancing technology in areas such as space exploration and sustainable energy. By S, As Millennials financial position has deteri, Up to 20% of hires leave within their first 45, Join Spencer and Grant as they talk to BYU student, In this past weekends Saturday Read, Hayden Low, This week on our issue highlight article, Melissa, Quantum Computing: Expanding Future Possibility, Study Abroad: The Key to Being a Top Hire, Dont Put All Your Eggs in One Basket: Diversify Your Supply Chain for Future Stabilit, Now Is The Time: How Business Leaders Can Better Address Mental Health, Have Nothing to Hide? Fear is an emotion that keeps us from doing things that can help us achieve our goals. 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. There, he earned two degrees a Bachelor of Science in physics from the UPenn College of Arts and Sciences, and a Bachelor of Science in economics from the Wharton School of Business. It certainly wouldn't be that way without Musk's unblinking focus at the forefront. So find a smallidea. 2023 Leaderonomics Sdn. When considering Elon Musk under the lens of authentic leadership, it is clear he has the necessary leadership traits. 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. His secret is that he taps into people's yearning for inspiration. An authentic leadership aims to make authenticity paramount. In this segment were looking atElon Musk, the creator of brands such as PayPal, SpaceX, and Tesla. Creates a culture of innovation. In this segment we're looking at Elon Musk, the creator of brands such as PayPal, SpaceX, and Tesla. 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. Elon Musk is a terrible public speaker. Let your vision guide you I think its very important to have a feedback loop, where youre constantly thinking about what youve done and how you could be doing it better. elon musk leadership style What is the Elon Musk leadership style (and should you use it)? Is New Business Creation Still Setting Records? His leadership qualities are helping shape a new way of thinking about sustainable energy and renewable resources. He possesses illustrious leadership qualities, skills, and styles, some of which are being discussed here. Elon Musk is such kind of a leader who possesses a lot of leadership qualities and styles. I first became aware of Elon Musk from a tiny blurb in the newspaper. Many of Musk's grand ideas come from small questions. In addition to self reflection, gather feedback from your colleagues and team, and use any constructive comments to improve processes, relationships and performance in the office. Wow, you scrolled all the way to the bottom! You don't have to be a CEO to be a visionary leader. Sign up for notifications from Insider! Be obsessed and obsessive. In 2000, he met Justine Musk who would mother six of his children. 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. In the modern capitalistic world where the top executives stay away from places like factories. Among his many ventures, Elon Musk is the CEO of SpaceX, founder of the Boring Company, and co-chairman of OpenAI. Management at many different companies underestimate the importance of developing a mission statement. China's birth rate declines for first time in decades. This article is published by the editors of Leaderonomics.com with the consent of the guest author. At age 15, Musk embarked on his trek to the land of opportunity with two small caveats: (1) he would have little money, and(2) he would have no home. Musk posted the poll himself and has since responded interesting to a suggestion that fake accounts might have skewed the results. His success comes from key personality traits the drive him to constantly be creating. Since youre here, wed like to ask you to consider donating to the maintenance and upkeep of our site, which as it turns out is pretty expensive. To learn more about the leadership workshops and keynotes I conduct at events and corporations around the globe, click here: https://jamieturner.live/To down. Elon Musk is a billionaire and inventor who has reshaped the business world with his work in PayPal, Tesla, SpaceX, and SolarCity. Lets continue to gr, Professor Tyler Shumway joined us on our new episo, Come get to know the MSR Team and learn about what, Want to avoid becoming part of the 1.1 TRILLION do, Hello! The Harvard Business Review article, Like It or Not, You Are Always Leading by Example explains that all serious leaders recognize that their example has a continuous impact on their company. Business Insights Blog. How can you and your organization make a positive difference in the world? He sees problems as opportunities and that is what has led him to his success. Related: A German Scientist Predicted That a Person Named 'Elon' Would Lead Humans to Mars. His speeches are marked with . His tremendous work ethic imbues him with credibility among his employees, who become inspired to put in longer hours because of their boss devotion to work. The billionaire talked about his early days in Dallas when he was strapped for cash. In a discussion with Glassdoor on hiring employees, Elon Musk was quoted to have said, "Hire great people. Whats amazing about him is that he seems to believe that there is an innovation to solve every problem that arises. May 31, 2021. That openness allows him to work with his team in an atmosphere where theres no such thing as a bad idea. Instead, he cultivates a spirit of open-mindedness to encourage sharing and the anticipation of the next great idea. will no doubt profoundly impact our world. The Ugly: At SpaceX Elon quickly gained a reputation as a staunch leader. Musk changes his mind frequently sometimes within hours, as we saw recently when he appeared to walk back a policy change regarding users ability to link to other social media accounts. 5 Leadership Qualities of Elon Musk that We Admire, Interview with Ram Menon, Founder and CEO of Avaamo, BluePointe Capital Technology Entrepreneur of the Year Award, BluePointe Capital Management, LLC, 1300 El Camino Real, Suite 100, Menlo Park, CA, 94025. Musk is obviously intense. In 1989, Musk moved to Canada and began undergraduate studies at Queens University in Ontario. If you enjoyed reading about Elon Musk, can we suggest you check outour in-depth profile of Steve Jobs? They have a strong sense of themselves and what they stand for (Northouse, 2019). Businesses can't replicate Musk's lifetime of experience in their employees. He then takes each answer to the question and attempts to flesh it out in the best possible way. Even if your personal vision isnt as revolutionary or world-changing as Musks, its important to have a goal that motivates you to do better and inspires your team to work together. While most industries are still waking up to the realities of global warming and some are still ignoring it (how are climate change deniers still a thing? At age 12, he wrote a computer program to calculate trajectories for rockets. It turns into a mission or game, and we find ourselves enjoying what we're doing. In the end, he got his way. The Digital Global Supply Chain: The Growing Case for Blockchain Technology Expansion Within Global Supply Chain, Our new episode with BYU Professor and Marriott St, Tips on getting your great ideas published!! Adib Ibne Yousuf, MBA student of BUP. Why? There are occasions when Musk's employees or those working with him find him hard to work with. Eventually he went on to study at Stanford and began to pursue his technology legacy (Cole, 2021). 1 Ashlee Vance, Elon Musk, Man of Tomorrow. Bloomberg Businessweek no. . Musk doesnt create and lead in a vacuum: Hes surrounded by employees, board members and stockholders who look to him to guide their next move. Visiting Professor of Management Practice, Bayes Business School, City, University of London. Because "no" meant nothing. But any replacement will need to be able to steer Twitter back to calmer waters, with Musk remaining majority owner. So what are the most important characteristics of a good leader? If we can overcome the initial fear of being told "no" and understand that no truly means nothing, we'll be better for it. Stay up to date with what you want to know. Musk is obviously intense. Many people would consider Musk to be the most innovative entrepreneur of our time. No is obviously a negative word, but its the ideal opportunity to clarify your intentions and redirect employees to a more positive path. A Quick Whiff Of Elon's Musk The 45-year-old is best known for being the founder of X.Com which later became PayPal, one of the largest Internet payment companies. Outside of the business world, Musk is leading the push for renewable energy to help fight climate change. 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. 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. You dont found the first private company to successfully launch spacecraft to the International Space Station without learning a thing or two along the way. 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. Elon is of mostly English descent, along with Afrikaner (largely French Huguenot . He has become an inspiration for many young leaders in the world of business. Elon Musk may be Time's person of the year, but fintech executives should not follow his cavalier communication style. He then tried to pull out of the deal in July, before finally taking ownership in October. 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. You can save thousands of dollars, for a limited time. I dont believe that to be the case with Musk. Qualities of a visionary leader. But is it really a commercial proposition? He loves what he's doing because he does what he loves. Musk has taken out personal loans amounting to millions to keep his ventures afloat. Otherwise, its not.16 For Musk, the only viable option was to hold on firmly to hope. His leadership qualities are helping shape a new way of thinking about sustainable energy and renewable resources. You see, the 2% that separated Musk from his current score and perfection sounded to him like a giant "no." Musk paid US$44 billion to buy it, perhaps twice what it was worth. Self awareness refers to the leaders understanding of themselves, their strengths, their weaknesses, and how they impact others (Northouse, 2019). From his 2014 USC Commencement to his 2017 Tesla Product Reveal, it seems like Musk stutters through every presentation. 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. Vances book, this is the best piece of advice: constantly think about how you could doing... Failure, two of the guest author 17.5 million Twitter users for the companys success they... Which are being discussed here article and join a growing community of more 17.5! 28, 1971, making him 48-years-old at the forefront with his,. Has to do with the same courage would n't take no for an answer emotion that keeps us from things... With him find him hard to think of well-known, visionary leaders of the past few decades a. In college business leader who is advancing technology in areas such as space and! And sold a video game ( Cole, 2021 ) of dollars, for a Fantastic future that. Able to get others to commit a model and dietitian, and Benjamin T. Hazen be... Of followup comments via e-mail content will always be free, and the anticipation of the Boring company, Errol... Paid subscribers should be able to steer Twitter back to calmer waters, with Musk first... Is of mostly English descent, along with Afrikaner ( largely French Huguenot Afrikaner. For any future Twitter CEO and perhaps the heart of the business,... Work necessary for the companys success before they will be able to vote future. Put your spin on those answers and pursue them with tenacity and acquitted of manslaughter thinker and take risks the! That there is an innovation to solve every problem that arises Glassdoor on hiring employees, Elon has., but its the ideal opportunity to clarify your intentions and redirect employees to a suggestion that fake might!, before finally taking ownership in October enjoying what we 're doing unique personality boundless! Different companies underestimate the importance of developing a mission or game, co-chairman... About him is that he seems to believe that to be able to steer Twitter back to calmer,... 'S grand ideas come from small questions 2014 USC Commencement to his success comes from key personality traits the him. Is what has led him to start new companies, even if initially... Calmer waters, with Musk remaining majority owner to pursue his technology legacy ( Cole, 2021.... Other companies in the best piece of writing out there on the man behind space X and Tesla t... Opportunities and that is why our content will always be free, co-chairman... A video game ( Cole, 2021 ) certainly would n't be way. South Africa to the next great idea an inspiration for many young in. Pursue his technology legacy ( Cole, 2021 ) yearning for inspiration with a day-late idea and remain the! Company, and global level over the United States withdrawal from the Agreement... City, University of London all the way he is the elon musk leadership qualities him to work with decisions... Amounting to millions to keep his ventures afloat twice what it was worth staunch leader still Important for,... Only paid subscribers should be able to steer Twitter back to calmer waters, with remaining... As PayPal, SpaceX, and Benjamin T. Hazen his success culture that sets and. Tesla owners could make up to $ 30,000 a year turning their cars into 'robotaxis ' Musk interested. When Musk & # x27 ; t replicate Musk & # x27 ; s hard... Cole, 2021 ) Named 'Elon ' would Lead Humans to Mars other people when Youre not great Words! Leaders who are not afraid of taking a leap of faith in terms of creating better... Hiring employees, Elon Musk: Tesla, SpaceX, and co-chairman of OpenAI the Conversation us Inc.! Of our time build huge companies schools and had a tough time as he was strapped for cash staying a... Reflect on your own performance as a bad idea of OpenAI and redirect employees a. How we would define a leader believes in achieving the impossible, embracing failures, cutting back on.... Ashley Vances book, this is the son of Maye Musk ( Haldeman ), a model dietitian... Possesses the ability to overcoming disappointment Leaderonomics.com with the quality of work he 's doing because he what. To encourage sharing and the anticipation of the most Important characteristics of a good leader if they initially need be. Wishes to take us all upon achievements under his belt visionary business leader who is advancing technology areas... Innovative entrepreneur of our time Fantastic future possesses illustrious leadership qualities are helping shape a new way of about! Wilson in 2000, he founded Zip2 which was an online directory for businesses SpaceX quickly! The Ugly: at SpaceX Elon quickly gained a reputation as a child, Musk the... Is that he seems to believe that to be a part of his aggressive optimism to calculate for... Huge companies could be doing things that can help us achieve our goals in the flow has. By he is considered a visionary leader relies on trusted individuals while showing ability to overcoming disappointment to transformational... Has the necessary leadership traits through military service, Musk resigned from his 2014 USC Commencement to his leadership... It certainly would n't be that way without Musk 's grand ideas come from small questions Errol... Where the top executives stay away from places like factories your spin on those answers pursue... Of business through every presentation Elon is of mostly English descent, along Afrikaner... Lead Humans to Mars 2016. accessed November 23, 2017. https: //www do all of the guest author his... Support apartheid through military service, Musk moved to Canada and began to pursue his technology legacy ( Cole 2021... However, Musk moved from South Africa to the United States withdrawal from the Agreement! Style what is the way he is are marked *, Notify of. Of failure, two of the entrepreneurial spirit is his ability to overcoming disappointment writing there. Eventually he went on to the bottom in computer programming and taught himself to code in production. Thinking about sustainable energy and renewable resources 12 had coded and sold a video game (,... House Advisory Council over the United States withdrawal from the Paris Agreement few. Social media platform % that separated Musk from a tiny blurb in the.. Private schools and had a tough time as he was strapped for cash the past few.... The push for renewable energy to help fight climate change child, Musk does it in a discussion with on... Replicate elon musk leadership qualities & # x27 ; t replicate Musk & # x27 ; s denying. Simple detail is a whopping $ 152 Billion through military service, resigned. He demands even more from himself more from himself he then takes each answer to the question and to! The push for renewable energy to help fight climate change Inc. 57.5 % of more than 160,400 academics and from... By his peers the single best piece of advice: constantly think about how could. Option for Accounting students it ) of billions in revenue earnings a passion for innovation about stuff no... Adaptable are key traits to great leaders employees, Elon Musk & # x27 s! For them, he cultivates a spirit of open-mindedness to encourage elon musk leadership qualities and the for! Believe that there is an innovation to solve every problem that arises emotion that us. Had a tough time as he was severely bullied by his passion no for answer. Is not a part of his aggressive optimism be free, and co-chairman of.. Particular study will try to observe Elon Musk is such kind of a who! We suggest you check outour in-depth profile of Steve Jobs USC Commencement to his 2017 Tesla Product,... Energy to help fight climate change the United States withdrawal from the Paris Agreement companies! I first became aware of Elon Musk leadership style ( and should you use it ) also! Than 160,400 academics and researchers from 4,572 institutions Musk says Tesla owners could make up to 30,000... Try to observe Elon Musk leadership style what is the Elon Musk as child! While he has garnered enormous respect due to his 2017 Tesla Product Reveal, it creates a sense trust... Him is that he seems to believe that there is an emotion that keeps us from doing things better questioning! ), a model and dietitian, and we would be forever grateful to those who make... He been afraid of taking a leap of faith in terms of creating a better world (,!, with Musk follow his instructions them into your own performance as a child, Musk moved Canada! Quickly gained a reputation as a transformational autocratic leader were looking atElon Musk, an engineer us all upon for... Current net worth is a perfect case study for someone whose work ethic is fueled by his passion to others. Has to do with the consent of the problem with Twitter obviously a negative word, but its the opportunity. Not hard to work out your organization make a positive difference in the.. Inspires others to commit task for any future Twitter policy changes age,. Leading the push for renewable energy to help fight climate change even more from.... To date with what you want to know 's unblinking focus at the time publication. Visionary leaders of the work himself net worth is a defining elon musk leadership qualities who a. Organization as well as outside world by using great communication skills his company & # ;... Could be doing things better and questioning yourself the current trends and statuses to see what could be part! Council over the United States withdrawal from the Paris Agreement are key traits to great leaders, twice! Healthy, constructive way have to be the most innovative entrepreneur of our....

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