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Entrepreneur Elon Musk



1) You read about an entrepreneur:

· What surprised you the most?

I did not know that Elon Musk made his initial money from the sale of PayPal. The first I ever heard of him was based on his involvement in Tesla.

· What about the entrepreneur did you most admire?

I admire his creativity and perseverance.

· What about the entrepreneur did you least admire?

He seems kind of arrogant, but I guess that is a common trait that is often found in people who are wealthy, successful entrepreneurs or leaders. An example of this arrogance is when he recently was interviewed while he was puffing on a marijuana joint.

· Did the entrepreneur encounter adversity and failure? If so, what did they do about it?

Yes. As a child, Elon Musk was bullied in school and also experienced a nasty parental break up. As a result, he became a book worm, including reading encyclopedias.

2) What competencies did you notice that the entrepreneur exhibited?

Passion and Motivation – Mr. Musk fully throws his passion for a project behind everything he does, whether it is PayPal, Tesla or SpaceX.

Not Afraid to Take Risks and Self-Belief – Mr. Musk is a risk taker. He sees opportunities and pursues. Others might be dissuaded by the high risk of failure.

Product and Market Knowledge–Mr. Musk knows the market. He determined that there would be a market for fully electric cars and he created Tesla.

3) Identify at least one part of the reading that was confusing to you.

I do not understand the relationship between the solar panels and Tesla.

4) If you were able to ask two questions to the entrepreneur, what would you ask? Why?

What is your next invention/project?

If you could buy any five publicly traded stocks to hold for the next ten years what would they be?

5) For fun: what do you think the entrepreneur's opinion was of hard work? Do you share that opinion?

Elon Musk is a very hard worker. Like most entrepreneurs and successful people, they initially sped lots of time in the planning stages and then implement their novel idea. Har work and proper planning are required to own and operate any business (except passive income)