4 lessons from Elon Musk on learning, creativity and entrepreneurship

When you started your company, who did you look for advice?

“I read a lot of books and talked to a lot of people… I always look for feedback from people around me.”

“I like to read biographies… Something like Franklin’s biography is really good.”

Why do other car companies really suck?

“I don’t know, it blows my mind.”

” You can take a body panel and stamp it with this shape or that shape and yet they choose to do the bad shape.. but it costs the same either way.” (me: same ideas as “it’s easier to earn all A’s”)

“Maybe they are trapped in their own history.”

Where do you come up with your best ideas?

“This sounds really cliche, but like, the shower is probably like the most.. wake up, go shower in the morning and I think so what’s really happened is things have percolated in the subconscious and it’s not really occurring in the shower but you’re kinda getting the results from last night’s computation, basically.”

“Sometimes it’s late at night, if I can’t sleep and there’s something bothering me, then it’ll occur then.” (me: when you live in the present moment, you’re likely to be more creative)

What’s one piece of advice that you’d offer new entrepreneurs?

“I think it is very important to actively seek out and listen very carefully to negative feedback. This is something people tend to avoid because it’s painful.”

“I think this is a very common mistake – to not actively seek out and listen to negative feedback.”

“I say, don’t tell me what you like, tell me what you don’t like… They(friends) may be wrong, but it’s coming from a good place.”

“It’s also important to reason from first principles, rather than by analogy.”

 

The interview on youtube

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