By ROSHAN THIRAN
Elon Reeve Musk – the tech virtuoso who founded PayPal, and the brains behind SpaceX and Tesla – is worth over USD19bil (as of April 2018).
As a serial entrepreneur, Elon Musk seems to be coming up with new ideas to help him realise his vision: to change the world for the betterment of humanity.
Musk has been described as a “real-life Tony Stark” (of Iron Man fame). Many of his ideas, initially dismissed as dreams by sceptics and doubters, have been transformed into reality – most of which are centred on technological advances that have and will continue to transform the way we interact with the world.
It might look like Musk has led a charmed life and is now enjoying the fruits of his labour, born from a genetically-gifted brilliance that most of us would love to have.
The reality couldn’t be further from the perception.
As with many success stories, the South African-born Canadian American billionaire navigated countless failures, setbacks and tragedies as he persevered through his journey towards success.
The early years
Only those who dare to fail greatly can ever achieve greatly.
– Robert F. Kennedy
As a studious youngster, Musk always had his nose buried in books and was fascinated by computers.
His lack of social skills marked him out as an easy target for bullies and, during one confrontation, he was thrown down a staircase before being beaten up. As a result, he sustained an injury that continues to affect his breathing to this day.
Despite his troubled childhood and awkward personality, he went on to receive degrees in economics and physics from Wharton School of Business.
He applied for a job at Netscape – a renowned tech company then – but failed to get a response. Undeterred, he visited the Netscape offices, but returned home without having spoken to anyone… because he was too shy.
He went on to co-found Zip2 with his brother – a software company that provided business details – and was later tossed out of the company by his own board, who felt that he lacked sufficient experience to be a successful chief executive officer (CEO).
Later, he founded what would become PayPal and was yet again thrown out, following an argument with the chief technology officer at the time.
If these early setbacks weren’t enough to crush Musk, he suffered a near-death experience after contracting cerebral malaria during a holiday in South Africa.
The disease left him with a one-in-five chance of survival, and saw the entrepreneur lose a lot of weight as he battled desperately for his life.
He recovered eventually, but the incident had a profound, transformative effect on Musk’s outlook on life: nothing was going to stop him from achieving his dreams.
Never giving up
The phoenix must burn to emerge.
– Janet Fitch
Even with his renewed sense of purpose and strength of spirit, life had more heartaches in store for Musk. He and his wife tragically lost their first son, who died at just 10 weeks of age.
Understandably, he never talks about the devastating experience and we can barely imagine how much he and his wife at the time must have went through.
With both Tesla and SpaceX, he has been hit by crises that would cripple the determination of the most seasoned business leaders.
The first three launches of SpaceX famously failed, leaving investors apprehensive to say the least about the company’s viability and Musk’s vision of reducing space transportation costs.
With just enough money for one more launch, the fourth attempt was a success and led to Musk winning a billion-dollar contract with the National Aeronautics and Space Administration (or NASA).
These are just some of the difficulties Musk has faced along the way in his journey to realising his dreams.
During an interview with 60 Minutes, he was asked whether he thought about giving up following the three failed SpaceX attempts.
Without missing a beat, he replied, “Never.”
When pressed further, he said, “I don’t ever give up. I mean, I’d have to be dead or completely incapacitated [to give up].”
What doesn’t kill you makes you stronger
If something is important enough you should try, even if the probable outcome is failure.
– Elon Musk
Musk’s story is extraordinary for all kinds of reasons.
Musk’s story shows how we can achieve extraordinary successes if we develop the resilience to bounce back from all the curve balls life throws at us and believe in our passion to such an extent that nothing can stop us from finding an outlet for that passion to thrive.
I have been fortunate to have met and worked with some amazingly passionate and successful people throughout my professional life, and every single one of these people share one trait in common: they just don’t quit.
Now, don’t get me wrong. That doesn’t mean they never change course when necessary: sometimes, certain avenues will simply lead to dead ends despite even the best efforts.
However, this doesn’t stop passionate people; all it means is having to find another way to reach their goal.
When they meet an obstacle, they go around it, over it or through it: what they never do is lose belief in their passion and their purpose.
Tying it together
Failure should be our teacher, not our undertaker. Failure is delay, not defeat. It is a temporary detour, not a dead end. Failure is something we can avoid only by saying nothing, doing nothing and being nothing.
If ever you find yourself stuck in a rut or facing a huge obstacle that attempts to end your endeavour of whatever you want to achieve, just remember that there is always a way around: even for the biggest challenges.
Nothing can keep you down if you refuse to allow it.
We all face challenges in pursuing our dreams. But, as the famous line in Rocky Balboa goes, “You, me, or nobody is gonna hit as hard as life. But it ain’t about how hard you hit. It’s about how hard you can get hit and keep moving forward. How much you can take and keep moving forward. That’s how winning is done!”
Be a leader!