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Elon Musk: How to Be Innovative

Anelis May by Anelis May
4 years ago
in Asia Trade
elon musk tesla bitcoin

Picture Source: Inc.Magazine

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Elon Musk gives tips so that everyone can be innovative. Moreover, according to him, innovation is something that everyone can learn.

Elon Musk is known as an innovator with brilliant ideas. He started his work by creating PayPal, which changed the digital payment scheme.

He also created SpaceX, a company that wants to disrupt space launches to make it more affordable using rockets that can be used repeatedly. He also encouraged the development of electric cars by developing Tesla.

The CEO of SpaceX said it was enough to do four things to be able to continue to innovate and create new products. These four things can be learned and applied by everyone.

Trying Ideas

Ideas must be realized by trying directly affixed with hard work for the innovation to be successful.

Musk thinks, innovation is not something mysterious. You have to be a perfectionist and then try it. Innovation also doesn’t need to be a big breakthrough, it’s just enough to make the product being sold better than the previous product.

“The first step, try, have you tried it? Have you tried hard? If you haven’t done it hard,” he said, quoted from Inc.

Making not Criticizing

Most people complain rather than provide solutions, for example about traffic jams. But not Elon Musk. Instead of grumbling about a certain problem, he looked for a way out. Complaints are a sign that a problem can be resolved, as quoted by Forbes.

Listen to Feedback

To make a product better. Listen to all input, opinions, and criticism from people, be it customers or not.

This criticism is then used to make a better product. In addition to getting outside input, you also have to ask yourself and all employees how to make a product better.

You can use subjective judgments from employees or people around you. Musk even thinks, a product that the maker doesn’t like, can’t possibly be liked by other people.

“Think about what we have? I’ve had this conversation at Tesla a few times where we didn’t like this product but we think other people will like it, but it doesn’t work like that, if you don’t like it, don’t expect other people to like it, “Musk said.

Talking to Customers

Spending too much time in the press conference room or at the office can lead to general chaos, says Musk. The most important part is talking to customers and going downstairs, where the employees work.

Talking with customers or workers makes things better, not infrequently, innovation also comes from here.

“When I spend too much time in the conference room, generally things get messy. And when I spend time on the factory floor, or actually using the car, or thinking about rockets, that’s when things get better,” he said.

By joining forces with the workers, Musk believes employees will work harder. He likened this move to an army at war with the generals on the front lines.

“The troops will fight harder if they see the general with them, so go to the front lines,” he said.

 

Read also: Get to Know Elon Musk’s Favorite Crypto: Dogecoin

Tags: Billionairebusiness ideaElon Muskinnovative tradersrichest man
Anelis May

Anelis May

I love all types of content. Financial news is my specialty though. Full time writer about Financial news, economics, market trends, politics enthusiast and more.

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