Be it reinventing transportation in space & on earth, being a philanthropist or just a relatable everyman, everything Mr. Musk does is admired. Here are some lessons to be learned from Elon Musk, as shared by him.

1. 15 LESSONS TO LEARN
FROM ELON MUSK

2. "Great companies are built
on great products."

3. "Failure is an option here. If
things are not failing, you
are not innovating enough."

4. "Persistence is very
important. You should not
give up unless you are
forced to give up."

5. "If something is important
enough, even if the odds are
against you, you should still
do it."

6. "The first step is to establish
that something is possible;
then – probability will
occur."

7. "When Henry Ford made
cheap, reliable cars people
said, 'Nah, what's wrong
with a horse?' That was a
huge bet he made, and it
worked."

8. "I think it is possible for
ordinary people to choose
to be extraordinary."

9. "I could either watch it
happen or be a part of it."

10. "Some people don't like
change, but you need to
embrace change if the
alternative is disaster."

11. "I think it's very important to
have a feedback loop, where
you're constantly thinking
about what you've done and
how you could be doing it
better."

12. "You have to be pretty
driven to make it happen.
Otherwise, you will just
make yourself miserable."

13. "Starting and growing a
business is as much about
the innovation, drive, and
determination of the people
behind it as the product
they sell"

14. "What makes innovative
thinking happen? I think it’s
really a mindset. You have to
decide."

15. "I always have optimism, but
I’m realistic. It was not with
the expectation of great
success that I started Tesla
or SpaceX. It’s just that I
thought they were
important enough to do
anyway."

16. "Really pay attention to
negative feedback and
solicit it, particularly from
friends. Hardly anyone does
that, and it's incredibly
helpful."