A DEEP DIVE INTO
The Psychology Of The Ultimate Entrepreneur
Mindsets, Philosophies, And Understandings Of Ultra Successful Entrepreneurs Like Elon Musk, Jeff Bezos and more
128 key ideas from
4 books
5 articles
It takes just
17 mins to read
Start collection & level up your skills.
Skills
Overview
Key Ideas
FAQ
What you'll learn
The importance of perseverance
How to embrace failure as a learning opportunity
The power of innovation and creativity
The importance of taking calculated risks
Ideas from books, podcasts, videos & articles
The Lean Startup
Grit
Thinking, Fast and Slow
Mindset
Influential people you will learn from
Eric Ries
Angela Duckworth
Daniel Kahneman
Carol S. Dweck
3 Top Key Ideas (128 total)
Failure As A Tool
If we look at the number of failures and setbacks in Elon Musk’s life, we begin to see why he is so successful.
The Tesla and Space X CEO uses failure as a tool towards eventual success, if at all. It is a non-linear path to innovation, which involves starting from the first principle, which is obtained by breaking down all the unessential parts and getting down to the fundamental truth.
Reaching Goals By Embracing Failure
Elon Musk shows the world how big, audacious goals can be achieved by dividing them into smaller milestones and embracing failure and negative feedback.
His goals are not something he is doing for the media circus, but something in which he is emotionally committed. Goals work when they are bigger than ourselves, enhancing our commitment and responsibility towards them.
Optimal Milestones
Most long-term goals are intimidating, and the mind can feel overwhelmed, resulting in demotivation. If the goal is too easy, the mind feels bored.
The optimum state of productivity, known as ‘flow’ occurs when the activity in question is reasonably challenging, but not too hard. Slicing the larger mission into smaller milestones which have the right amount of challenge makes one enjoy the process and stay on track.
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