“Elon Musk has the X factor. He doesn’t tweet much; he acts. That’s why he bought Twitter - just to free the caged bird, so it could return to the wild and tweet on.”
Quote by Nkwachukwu Ogbuagu
“We have so many hopes and goals and to-dos on the path to accomplishing our dreams that we lose perspective on how far we’ve come.”
Source: Speak: Find Your Voice, Trust Your Gut, and Get from Where You Are to Where You Want to Be
“Elon Musk is indeed the man of the moment for entrepreneurship and innovation in this era. In our time, he has propelled proprietary innovation in various industries: finance, automotive and space travel.”
Source: Innovate Like Elon Musk: Easily Participate in Innovation with Guidelines from Tesla and SpaceX: A Simple Understanding of First Principle Thinking and Vertical Integration
“I see Elon Musk as a combination of Henry Ford, Thomas Edison, and Steve Jobs, of our time. In his entrepreneurial pursuits, he has played the role of a programmer, industrial designer, product architect, mechanical engineer and physicist.”
Source: Innovate Like Elon Musk: Easily Participate in Innovation with Guidelines from Tesla and SpaceX: A Simple Understanding of First Principle Thinking and Vertical Integration
“Elon Musk is a synthesizer of engineers. He has brilliantly played human resource and hired amazing engineers to create ‘material-discovery-novelty to proprietary-novelty’ innovations.”
Source: Innovate Like Elon Musk: Easily Participate in Innovation with Guidelines from Tesla and SpaceX: A Simple Understanding of First Principle Thinking and Vertical Integration
“It is worth noting that Elon Musk enjoys certain privileges that may not be available to everyone. For instance, he is situated in the United States, which is a developed country with a large population of over 300 million people, and where funding opportunities are relatively more abundant. His previous entrepreneurial successes have also placed him in favourable positions to secure funding for his ambitious projects.”
Source: Innovate Like Elon Musk: Easily Participate in Innovation with Guidelines from Tesla and SpaceX: A Simple Understanding of First Principle Thinking and Vertical Integration
“Despite Elon Musks’ privileges and advantages, I believe that his approach to innovation is adaptable and can be replicated to varying degrees.”
Source: Innovate Like Elon Musk: Easily Participate in Innovation with Guidelines from Tesla and SpaceX: A Simple Understanding of First Principle Thinking and Vertical Integration
“Elon Musk calculated that by producing about 80% of their hardware in-house for SpaceX, they could cut the cost of launching for customers and still enjoy a 70% gross margin.”
Source: Innovate Like Elon Musk: Easily Participate in Innovation with Guidelines from Tesla and SpaceX: A Simple Understanding of First Principle Thinking and Vertical Integration
“One of the most notable innovations of SpaceX is the creation and engineering of reusable rockets. Prior to this innovation, once a rocket was used, it was done with, resulting in significant financial loss.”
Source: Innovate Like Elon Musk: Easily Participate in Innovation with Guidelines from Tesla and SpaceX: A Simple Understanding of First Principle Thinking and Vertical Integration
“I could go and buy one of the islands in the
Bahamas and turn it into my personal fiefdom, but I am much more interested in trying to build and
create a new company.”
“They were building a Ferrari for every launch, when it was possible that a Honda Accord might do the trick.”
Source: Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future