Elon Musk Reveals How to Achieve Business
Success in BusinessNewsDaily.com Interview
Launch of New Web Site, BusinessNewsDaily.com, Opens with Tips on How to Run a Business From
PayPal Co-Founder and Current CEO of SpaceX and Tesla Motors Elon Musk
August 02, 2010 12:01 PM Eastern Daylight Time
OGDEN, Utah--(EON: Enhanced Online News)--June was an extraordinary month for Elon Musk, but also a very
difficult one. That month culminated in the successful launch into space of SpaceX’s Falcon 9 rocket and the better
than expected IPO of Tesla Motors. In addition, Musk had to deal with a very public divorce that has put his family
life and personal finances in the limelight.
Small business resource Web site BusinessNewsDaily (www.businessnewsdaily.com)launched todayheadlining the
story of Musk’s highs and lows and his advice for any person starting up or running a business.
Musk has four guiding principles behind his entrepreneurial success which he outlines in his interview:
l Be Ready to Work –If you are motivated enough to start a company, you better be motivated enough to
work hard to keep it going.
l Be Ready to Learn – Sometimes you have to step in and do things yourself, so you need to be ready to
learn how to make things happen.
l Pick the Right Team – One man or woman does not a company make; choosing the right employees is a
core ingredient for success.
l Know When to Grow – Choosing the right time to grow is key, because most companies don't have the
ability to sustain ill-timed growth.
“At first glance, we all might want to be in Elon Musk’s shoes, successfully creating and selling some huge
companies, and then starting up and running two more glamorous companies,” said Robert Roy Britt, editor in chief
of BusinessNewsDaily. “However, behind the scenes, Musk has worked extremely hard and has sacrificed a
tremendous amount, including enduring criticism from all sides and having his personal life exposed in the public
spotlight. We tell those kinds of stories on our Web