World renowned engineer, billionaire, innovator and most successful businessman - Elon Musk gave some advice on his vision, organization and management of a successful business. Tesla's CEO often likes to advise young entrepreneurs to grow and grow their businesses.

Over the past year, Musk's fortune has quadrupled due to increased demand for Tesla electric vehicles and is approximately $ 166 billion.

Many ambitious entrepreneurs dream of repeating the success of Elon Musk, so the billionaire gave them the following tips for running their own business.

1. Collect reviews!

Starting any business is always a difficult time, so it is necessary to collect feedback from people who are able to speak about your idea. Take note of all critical reviews. Ask the critics what is wrong! Gather information and understand your mistakes.

2. Constructive criticism

Any criticism is of great importance. It is hard and frustrating to listen to criticism, but take it as training. Try not to take criticism personally, but listen to it as it will help identify project errors.

3. Do the dirty work!

The involvement and participation of the leaders or founders in the project is essential for the viability of the project, Musk said. Do not shy away from any work at any time for the good of your company, from taking calls to cleaning the office kitchen. Work and pay as much attention to your company as possible, especially at the initial stage!

4. Don't listen to skeptics!

Skeptical people are often able to undermine faith in your project and its effectiveness at the start, so don't listen to them and believe in your ideas! Even the most incredible!

5. Don't aim at personal development!

It sounds strange for a time when everyone around is talking about personal development and growth, but Elon Musk believes that focusing on personal development is a bad signal.

At the same time, the businessman believes that it is worth paying attention to personal development for people with original ideas or those who work on innovations.

6. Money is not the highest goal

When Elon Musk founded his Tesla project, the entrepreneur was concerned about the environmental friendliness of the new mode of transport, not about its profitability. There was no idea about capital accumulation, or about super profits.

7. Start while you're young

It takes time to develop and grow a business, so act and take risks as early as possible. "Embody your ideas boldly and you will not regret it!" - says the billionaire.Young people are easier to take risks and have more energy to run and control a business.

Technology / elon musk

7 tips from Elon Musk for doing business

7 tips from Elon Musk for doing business

7 tips from Elon Musk for doing business