What Does Elon Musk Do? (that most people don't)

Each day I reserve time to read at least 10 pages of a book. When out walking or driving I listen to a book (on Audible) or a podcast. I am naturally curious and a lifelong learner.

Currently, I am reading Scary Smart by Mo Gawdat (former Chief Business Officer of Google X) and I am listening to Elon Musk's biography by Walter Isaacson.

Musk is a complex character. But one of the characteristics I've noticed about him is that he takes risks. Big expensive ones. For him, risk invites failure and unlike most of us, he's not afraid to fail. It's all part of the learning process. His first three rockets failed. He learns most when he fails.

Elon Musk, famous for his groundbreaking work with companies like SpaceX and Tesla, embodies the ethos of turning knowledge into action (at the risk of failure). His success is largely due to his relentless pursuit of learning and his ability to apply what he learns in transformative ways.

The difference is that most of us are frightened to fail.

The Power of Reading

Musk's extensive reading habit has equipped him with the knowledge to tackle complex challenges that many would shy away from. He didn’t just learn rocket science for fun; he used this self-acquired knowledge to build rockets when he found buying them too costly. For anyone looking to master a skill, Musk’s method underscores that reading is not just about consumption but preparation for action.

Applying What You Learn

Knowledge gains true value only when it's used. Musk’s approach to learning emphasises not just understanding theory but testing it through practical application. This method serves as a powerful reminder that real-world application is the ultimate test of what we have learned, whether it's in rocket science, crafting a new marketing strategy, or improving day-to-day business operations. We have no shortage of access to knowledge but putting that knowledge into action at the risk of failure. Well, that's something else entirely.

Surround Yourself with Knowledge

Moving to Los Angeles to be closer to the heart of the aerospace industry was a strategic decision by Musk to surround himself with the brightest minds in the field. This environment of constant learning from peers and mentors is crucial. It’s about creating a personal and professional ecosystem that fosters learning and growth, encouraging us to continuously absorb and apply new knowledge.

Who do we surround ourselves with and what do they add to the direction we are headed? Do they inspire, encourage and support our goals?

Apply the Knowledge with Purpose

For Musk, every piece of knowledge serves a purpose.

When learning about rocket costs, he didn't just store that information; he used it to figure out how to create cost-effective rockets. This proactive approach is essential for anyone in any field. Learning should always be tied to action—solving a problem, implementing a new process, or innovating a product.

Listening to Isaacson’s detailed account of Musk’s life, I've noticed these themes woven throughout Musk’s career. The biography not only provides context to these rules but also enriches the understanding of how Musk’s unique approach to learning and problem-solving has shaped his entrepreneurial journey.

These rules serve as practical guidance for any of us who refuse to accept the status quo. Learning is the Superpower - Apply What You Learn - Surround Yourself with People Brighter than You.