By Chris Isidore, CNN Business. If you want the brand to run through their veins, it has to run through yours first.” He also said that “By pouring your heart into your work and inviting people to participate in your vision, you can attract swarms of dazzled fans willing to show you their love and respect.”. Elon Musk's Top 4 Entrepreneurial Traits Imagination. Whenever a billionaire businessman uses such language, BS-alarms ring loudly. Apparently, the billionaire had been the highest bidder for a Lotus Esprit from the … Articulating a powerful vision is one of his leadership skill that also made him a successful leader. Culture.” 4 What’s remarkable about Musk is that he never lets it stop him from fighting through and progressing. It is not that easy to lead these multiple businesses in a parallel way. Elon Musk doesn’t hire just to fill in the positions in his company rather he hires the right person in the first time. This is inspirational and indubitably it has allowed him to persist through highly challenging circumstances in his businesses. This kind of mentality actually does not make those people great leaders. You’ll be expected to think big—and quickly turn those ideas into action. Constantly seek criticism. Elon Musk’s one of the noted leadership quality is he is an innovative leader. Share. [7] Während seiner Kindheit wurde er Opfer v… Tesla CEO Elon Musk told manufacturing expert Sandy Munro in an interview that his "criticisms were accurate" about the company's quality control. — Elon Musk “Persistence is very important. Musk showed how to be effective & being trustworthy among the followers in times of crisis. This is inspirational and indubitably it has allowed him to persist through highly challenging circumstances in his businesses. Leadership Qualities of Elon Musk and Learnings 1. He is the CEO & CTO of Tesla Motors, which builds electric cars. Elon Musk. In an ideal world, he could do all of the work himself. Elon Musk proved effective management styles are crucial to running a business Back to video. In this segment we’re looking at Elon Musk, the creator of brands such as PayPal, SpaceX, and Tesla. Make sure you understand the fundamental principles, i.e., the trunk and big branches before you get into the leaves/details or there is nothing for them to hang on to.” Finally, once he identifies and breaks down the problems or assumptions, he begins to create new innovative solutions from scratch. The Leadership Qualities of Elon Musk A Quick Whiff Of Elon’s Musk. All Musk’s company missions sound heroic, and he repeats them in every interview he gives. The Leadership Qualities of Elon Musk. 3-4) Working Memory and Task Switching/Filtering. Life is too short for long-term grudges. There is no question that Elon Musk has a lot on his plate as the head of Tesla, SpaceX, Neuralink and The Boring Company. Elon Musk is exceptionally motivated and self-driven and there is absolutely no doubt in it. You have to have all the ingredients in the right proportion.” Moreover, he always insists that employees will lose their talent if they are being forced into something they are not. 57 Copy quote. They all boil down to the same concept: save the world. How to Improve Your Business’s Content Marketing? Elon Musk Nootropic Stack. Elon Musk’s personality makes him an INTJ (Introversion, Intuition, Thinking,... 2. Criticism, Gold, Valuable. This sense of pride in team success has to start with the leadership. In... Persistence. In this article, we’ll focus on leadership lessons distilled from many different sources covering Musk. One is “If you’re co-founder or CEO you have to do all kinds of tasks you might not want to do … If you don’t do your chores, the company won’t succeed … No task is too menial.”, And the other is “Just work like hell. His father is Errol Musk, a South African electromechanical engineer, … Updated 12:32 PM ET, Wed February 3, 2021. Elon Musk’s response to this project is a high-speed railway known as Hyperloop, which would transport passengers from Los Angeles to San Francisco in 30 minutes, that is 800 miles per hour. 2. His vision is attractive, simple, understandable, & beneficial. He always used to criticize the poor performance. The e-mail, workout and sleep habits of highly successful billionaire Mark Cuban. Recognizes business imperative of anticipating and embracing changes occurring in the competitive environment through continuous improvement in all aspects of the business. He sets up his employees for success. He has a vision of having a wonderful world that will be no longer reliant on fossil fuels, will be maximizing their use of green energy, and will be exploring space and building colonies on Mars (Jacoby, 2011). Inspirational, Life Is Too Short, Long. He always used to say, “Failure is an option here. Also, he sets the highest goals for himself, his team and his companies. Elon Musk is such kind of a leader who possesses a lot of leadership qualities and styles. Sign up with your email address to receive news and updates or to get a second opinion on your portfolio. Culture.” 4 As part of this initiative, we’re taking a closer look at the people and leaders who we feel embody the values that our award is based upon. You should not give up unless you are forced to give up.” — Elon Musk “When I was in college, I wanted to be involved in things that would change the world.” — Elon Musk “Some people don’t like change, but you need to embrace change if the alternative is disaster” — Elon Musk In each of his ventures, Musk has managed to mobile people to accept a new group identity and a new philosophy. While some of these are inherent qualities, others must be learned and practiced. This website uses cookies to improve your experience while you navigate through the website. It made no difference. Being passionate. Leadership Qualities, Skills and Style of Jack Ma, Best Calculators Reviewed – Graphing, Scientific, and Financial, Leadership Qualities: Styles, Skills, and Traits of Warren Buffett, Leadership Qualities – Style, Skills, and Traits of Ginni Rometty, Leadership Qualities – Styles, Skills, and Traits of Sheryl Sandberg. This website uses cookies to improve your experience. © 2017 BluePointe Capital Management, LLC. He has a bold, persistent personality that refuses to accept failure and sets high expectations He has a bold, persistent personality that refuses to accept failure and sets high expectations Elon Musk is a hard-working innovator, working for about 100 hours a week, and... Strong Risk Tolerance. His another philosophy is being a social architect. Has learned from disappointing experiences. At first, he identifies and defines the assumptions. I first became aware of Elon Musk from a tiny blurb in the newspaper. He possesses this great skill and he also knows the path how to achieve the powerful vision. Has potential to influence by contributing something to the world that improves it in a new and different way and creates a social impact. Elon Musk is spending too much time to his works, such as working day and night for long period, he is obsessive even about the insignificant details. Musk’s parents and physicians thought maybe he was deaf and removed his adenoid glands thinking that would improve his hearing. 1 Prepared for- Dr. Ziaur Rahman 2. If things are not failing, you are not innovating enough.”, One of his leadership style that attracts more is he always say “Lead by Example”. We also use third-party cookies that help us analyze and understand how you use this website. By. Creates and turns vision into business realities. Here’s how you can prolong its life! Elon Musk is passionate about his works, his obsession is his projects and his works. Elon Musk. Elon Musk is a business mogul, engineer and inventor, best known for founding and leading SpaceX (a company that aims to lower the costs of building rockets with the ultimate goal of multi-planetary colonization by humans) and Tesla Motors (a company that produces electric cars). Elon Musk is skilled at problem-solving issues that arise on the completion of any tasks. Also, he sets the highest goals for himself, his team and his companies. His plan will take eight years to build at a cost of about $10 billion. "Biography/ Personal Quotes". 3. How to choose the right small business accountant? 6. If you want others to love it, you have to love it. 15 Personality traits of Elon Musk 1. Secondly, he breaks down the problem into its fundamental principles. All of his qualities and traits cannot be described in words. Leadership is the ability of an individual to lead a company, big organizations, or even countries. This category only includes cookies that ensures basic functionalities and security features of the website. Few more of his leadership traits are given below: Elon Musk has his own leadership philosophy. He’s quite possibly a genius. His work is highly personal to him which is born from the heart, nurtured into the heart and passionately loved. He compares his duty as oxygen. Elon Musk has been ranked the most inspirational figure in tech, according to a new survey of global industry professionals. Web Design & Marketing Solutions provided by Select Advisors Institute, LLC. Leaders like Steve Jobs, Elon Musk, and Warren Buffet, with their vision, unshakable determination, and persistent hard work, led their respective companies to great heights. Necessary cookies are absolutely essential for the website to function properly. The event was a success with 30 high profile clients preordering the car for $90,000. What more noble cause is there? Link Copied! • Insanity and godlike genetics are the qualities needed to achieve extreme success according to the intimate perspective of Justine Musk, who was Elon’s ex wife. For example, when Tesla struggled through various crises of financial difficulty, Musk continued to fund the company out of his own pocket. Having a vision. Tesla CEO Elon Musk thinks automaker can build 500,000 cars this year. He already invested over $100 million of his own money into SpaceX, $10 million into SolarCity, and at least $55 million into Tesla Motors. From his inspirational TED talks, he quoted that “As a leader, you teach others how to treat your brand by how you treat your brand. Our post was a discussion on the Leadership Qualities, Skills, and Styles of Elon Musk. Read Next. We'll assume you're ok with this, but you can opt-out if you wish. Here is how we would define a leader with a passion for innovation. Ahead of Elon Musk, this self-made millionaire already launched a company to merge your brain with computers. He has the skill of finding the talent by putting the employees in roles that are natural to their behavioral attributes. Elon Musk is taking accountability for Tesla’s manufacturing failures. Musk takes a scientific approach to building teams, one that is based upon an understanding of their behavior and talent, and he leads them through action. We have many successful leaders in this world and Elon Musk is one of them. 2 . Elon Reeve Musk was born on June 28, 1971, in Pretoria, Transvaal, South Africa. He says, ‘I should not ask people to eat from the fruit bowl if I have not myself been willing to eat from the fruit bowl.”. Managing other people probably puts a lot of strain on him. Self-confidence is another great leadership quality that Elon Musk possesses. SpaceX almost went bankrupt. With Christmas quickly approaching, I added Elon’s biography, Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future, to my wishlist. Elon Musk’s Leadership Traits Elon Musk is passionate about his works, his obsession is his projects and his works. He is an early investor in SpaceX, PayPal, Inc, Tesla Motors and Zip2. [4] Er hat einen jüngeren Bruder, Kimbal, und eine jüngere Schwester, Tosca. Needless to say, when you work under Elon Musk, you won’t rely on existing procedures and a “we’ve always done it this way” attitude. In an interview on Tuesday, Tesla CEO Elon Musk sat down with one of Tesla's harshest critics, Sandy Munro, and discussed the issues that plagued early Model 3s . Watch later. The reason that we feel Elon Musk is an outstanding example of the entrepreneurial spirit is his ability to overcoming disappointment. His first philosophy of leadership is creating a vision. What follows is my quest to answer this question. Musk earns the trust of his followers by being predictable and reliable, even in situations that are in uncertain. Elon Musk is such kind of a leader who possesses a lot of leadership qualities and styles.