What advice does Elon Musk, a world-leading billionaire, have that we are learning?

Elon Musk, known as the “eccentric billionaire” with bold ideas, CEO of the world’s largest electric car company Tesla and founder of the aerospace company SpaceX, has also just been voted “Person of the Year 2021”.

What advice does this billionaire have for young people? Let’s find out.

1/ Try to be as useful as possible

“Do something that is useful to the community, even if it is very difficult. If someone is doing something useful, then that is a life worth living,” said Elon Musk.

The path to success for entrepreneurs

In fact, the top entrepreneurs always aim to do meaningful work for the community and society by inventing new products and selling products that are meaningful to the market. The problem they calculate here is not the profit and loss of business, but the primary goal they aim for is what does this product serve for the market?

Elon Musk’s Advice

2/ Let’s contribute more to society than what we consume

Although he is an “eccentric” billionaire, working 75 hours a week, likes to start work with small questions, he always thinks “no” means nothing, makes employees work on weekends, … However, all serve social purposes. Billionaire Elon Musk said: “I have a lot of respect for people who are enthusiastic about their work every day”. Contributing to society more than what we consume, consider it as a purpose in life to strive for.

3/ Don’t try to become a leader just for the sake of immediate benefits.

Musk also advised young people not to try to become leaders just for immediate benefits. As a leader, you must be far-sighted and plan for the future because there are many other members under you, so when you make the wrong decision, the people affected are not only you but also those who are accompanying you. Therefore, do not make hasty decisions for immediate benefits.

4/ Read books and constantly learn to have basic knowledge about a certain field.

Most billionaires have always had a passion for books such as Bill Gates, Warren Buffett, Bill Gates, Mark Cuban, Oprah Winfrey, Jack Canfield, Anthony Robbins, Richard Branson, Mark Zuckerberg and many others. And Elon Musk is also among them, Musk also shared that he read the Encyclopedia Britannica since he was a child.

Advice from billionaire Elon Musk

“I always encourage people to read a lot,” he said. “Try to absorb as much information as possible, and try to develop general knowledge so that you have at least a rough foundation in a certain area of ​​knowledge.”

Books for financial people

5/ Elon Musk’s advice: “talk to many people”

His final advice to young people is to talk to as many people as possible and learn as much as possible. The billionaire shared that talking to people from different walks of life, different industries, professions and skills is the best way to learn and develop yourself.

Learning by yourself from books, documents, and the internet is not enough. Because there is a lack of practice when it comes to real-life situations, and the best way to deal with them is to communicate with many people and discuss many issues with them. Even if those who have less knowledge than you, there are still small things you are learning from them.