Majestic Mantras by one of the richest billionaires on Earth, Elon Musk
“It’s ok to have your eggs in one basket, as long as you control what happens to that basket.”
It is okay to put all your resources in one place. However, you should take care of what happens there, so that you can protect your investment.
“You shouldn’t do things differently just because they’re different. They need to be .. . better.”
Don’t change things just for the sake of being different; change them to make them better or improve upon what already exists.
“Great companies are built on great products.”
When your companies create great products, they attract customers, build trust, and help distinguish your companies from the rest.
“If you’re trying to create a company, it’s like baking a cake. You have to have all the ingredients in the right proportion.”
Building a successful company is like baking a cake; you need to have all the necessary elements in the correct balance to achieve the desired outcome.
“Good ideas are always crazy until they’re not.”
Innovation often challenges traditional thinking. It might appear impractical until it becomes successful.
“Constantly think about how you could be doing things better. Keep questioning yourself.”
When you are continuously self-reflecting and improving yourself, it fosters growth and innovation, as it drives personal and professional excellence.
“Some people don’t like change, but you need to embrace change if the alternative is disaster.”
Even if you feel that change is uncomfortable it’s necessary to accept it when the alternative hints towards a potential disaster.
“Failure is an option here. If things are not failing, you are not innovating enough.”
It’s okay to fail sometimes because it means that you are trying new things and pushing your boundaries to innovate.
“When something is important enough, you do it even if the odds are not in your favour.”
If something matters to you enough, you will take action even when the chances of success aren’t high.
“Pay attention to negative feedback, and solicit it, particularly from friends.”
You should listen to criticism, especially from those who are close to you, as it can help you identify areas for improvement.
