Entrepreneurs
5 Elon Musk Approved Tips for Entrepreneurs

Elon Musk is quite possibly the poster child of entrepreneurship. With a following that verges almost into a cult-like stature, Musk is notorious for doing things that people say can’t be done. The most futuristic entrepreneur yet, he has (to date) launched a record 64 satellites into orbit, is digging a tunnel deep underground to deal with traffic congestion and plans on setting a human colony on Mars by 2030.
A titan, in his own rights, Elon Musk’s success can be attributed to anything but luck. Here’s what makes Elon stand apart from the rest of the crowd and what enables him to dominate the four major sectors (automobile, space, construction, solar energy):
1. Fixate On A Goal
For Musk, his ultimate goal is to make human beings an interplanetary species. Everything else is just stepping stones to his one significant life’s purpose. As the below snapshot from Elon’s diary (way back in 2006) exhibits, Musk isn’t afraid of putting his all power, resources, focus, and determination into accomplishing his goals.
Here’s the thing about Musk, when he decides to go after a goal, he puts a lot of effort and time into understanding the goal. Once he has set the goal, he decides to learn everything about it that there is to know. Before founding SpaceX, he had no idea how to go about building rockets. So he decided to hire people who actually knew about rockets and read all that there is to know about space travel.
Musk’s visions might be too great but the fact is that he works incredibly hard. He cannot conceive the idea of not achieving what he set out to do and perhaps this kind of optimism is required to truly succeed as he eventually does.
2. Excruciating Effort
Musk: So, as a startup, a car company, it is far more difficult to be successful than if you’re an established, entrenched brand. It is absurd that Tesla is alive. Absurd! Absurd.”
Interviewer: What do you credit that to?
Musk: Excruciating effort.
This excerpt from an interview portrays the levels Elon Musk goes to make his companies stay profitable. For Musk, failure is not a reason to stop doing what he loves. From Tesla being almost bankrupt to the Cybertruck, Musk has taken more risks than the average founder. Call it an unshakeable optimism or sheer foolishness, this tactic seems to have worked well with him.
For Elon Musk failure at the beginning of his ventures are inevitable and is necessary to succeed. Musk demonstrates the ability to take failure at a face value and doesn’t let things like the glass of the Cybertruck shattering in a globally televised event as a particular reason to stop.
For future and present entrepreneurs, Musk’s attitude towards obstacles is the outlook towards life that you should have. It’s extremely necessary to build a thick skin as well as having the grit to progress beyond the failures.
3. Hire The Right People
An alleged copy of Tesla’s “Anti-Handbook Handbook” for new hires was leaked recently. It reflected the high standards that Musk holds up to Tesla’s new hires:
The main theme behind the handbook seems to be ideal that Musk holds to every employee: as invested in Tesla as Musk is. Tesla hires people not based on their resume but skills. If you are a Tesla employee, you are expected to do everything in your power to give your best performance. That includes directly reaching out to Musk to share any new ideas and knowledge.
While top employees will certainly be with you during your highs, you need dedicated employees to ride out the lows. And that’s what Tesla does perfectly.
4. Have An Unshakeable Work Ethic
Elon Musk’s work ethic is near-impossible to follow. But it is certainly something to take inspiration from. Musk reportedly clocked in a whopping 100 hours a week for 15 years. When a week is particularly hard, he exceeds up to 120 hours a week and is also found sleeping on the factory’s floor. According to Musk:“There are way easier places to work, but nobody ever changed the world on 40 hours a week.”
While this lifestyle is not feasible for everyone, the key factor in this is Musk’s determination to get things done. You don’t need to invest crazy hours at work (unless you are running four companies like Elon Musk) but you do need to do things when they need to be done. It’s about keeping your priorities straight and implementing things that’ll propel your company forward.
5. Look For Problem Areas
People like to actively complain about things. Not Elon Musk. When Musk grew frustrated about the traffic problems that he faced, he started The Boring Company. The Boring Company aims to solve the traffic congestion problem by building a tunnel system.
To become a successful entrepreneur, find problems that need to be solved. Seeking out problems that need to be solved is a great way to find ideas about problems that people actually need some solution to.
While Musk’s incredible work ethic plays a great role in his success, it is his ability to solve difficult problems. In other words, the recipe for success is not in how hard you work but is actually about how you think.
Business
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Entrepreneurs
The Leadership Shift Every Company Needs in 2025
Struggling to keep your team engaged? Here’s how leaders can turn frustrated employees into loyal advocates.

In workplaces around the world, there’s a growing gap between employers and employees and between superiors and their teams. It’s a common refrain: “People don’t leave companies, they leave bad bosses.”
While there are, of course, cases where management could do better, this isn’t just a “bad boss” problem. The relationship between leaders and employees is complex. Instead of assigning blame, we should explore practical solutions to build stronger, healthier workplaces where everyone thrives.
Why This Gap Exists
Every workplace needs someone to guide, supervise, and provide feedback. That’s essential for productivity and performance. But because there are usually far more employees than managers, dissatisfaction, fair or not, spreads quickly.
What if, instead of focusing on blame, we focused on building trust, empathy, and communication? This is where modern leadership and human-centered management can make a difference.
Tools and Techniques to Bridge the Gap
Here are proven strategies leaders and employees can use to foster stronger relationships and create a workplace where people actually want to stay.
1. Practice Mutual Empathy
Both managers and employees need to recognize they are ultimately on the same team. Leaders have to balance people and performance, and often face intense pressure to hit targets. Employees who understand this reality are more likely to cooperate and problem-solve collaboratively.
2. Maintain Professional Boundaries
Superiors should separate personal issues from professional decision-making. Consistency, fairness, and integrity build trust, and trust is the foundation of a motivated team.
3. Follow the Golden Rule
Treat people how you would like to be treated. This simple principle encourages compassion and respect, two qualities every effective leader must demonstrate.
4. Avoid Micromanagement
Micromanaging stifles creativity and damages morale. Great leaders see themselves as partners, not just bosses, and treat their teams as collaborators working toward a shared goal.
5. Empower Employees to Grow
Empowerment means giving employees responsibility that matches their capacity, and then trusting them to deliver. Encourage them to take calculated risks, learn from mistakes, and problem-solve independently. If something goes wrong, turn it into a learning opportunity, not a reprimand.
6. Communicate in All Directions
Communication shouldn’t just be top-down. Invite feedback, create open channels for suggestions, and genuinely listen to what your people have to say. Healthy upward communication closes gaps before they become conflicts.
7. Overcome Insecurities
Many leaders secretly fear being outshone by younger, more tech-savvy employees. Instead of resisting, embrace the chance to learn from them. Humility earns respect and helps the team innovate faster.
8. Invest in Coaching and Mentorship
True leaders grow other leaders. Provide mentorship, career guidance, and stretch opportunities so employees can develop new skills. Leadership is learned through experience, but guided experience is even more powerful.
9. Eliminate Favoritism
Avoid cliques and office politics. Decisions should be based on facts and fairness, not gossip. Objective, transparent decision-making builds credibility.
10. Recognize Efforts Promptly
Recognition often matters more than rewards. Publicly appreciate employees’ contributions and do so consistently and fairly. A timely “thank you” can be more motivating than a quarterly bonus.
11. Conduct Thoughtful Exit Interviews
When employees leave, treat it as an opportunity to learn. Keep interviews confidential and use the insights to improve management practices and culture.
12. Provide Leadership Development
Train managers to lead, not just supervise. Leadership development programs help shift mindsets from “command and control” to “coach and empower.” This transformation has a direct impact on morale and retention.
13. Adopt Soft Leadership Principles
Today’s workforce, largely millennials and Gen Z, value collaboration over hierarchy. Soft leadership focuses on partnership, mutual respect, and shared purpose, rather than rigid top-down control.
The Bigger Picture: HR’s Role
Mercer’s global research highlights five key priorities for organizations:
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Build diverse talent pipelines
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Embrace flexible work models
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Design compelling career paths
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Simplify HR processes
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Redefine the value HR brings
The challenge? Employers and employees often view these priorities differently. Bridging that perception gap is just as important as bridging the relational gap between leaders and staff.
Treat Employees Like Associates, Not Just Staff
When you treat employees like partners, they bring their best selves to work. HR leaders must develop strategies to keep talent engaged, empowered, and prepared for the future.
Organizational success starts with people, always. Build the relationship with your team first, and the results will follow.
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Back in July 2017, I attended a business seminar on entrepreneurship in India. With my appetite for learning and meeting new people, I wanted to explore the latest developments in the entrepreneurial world. (more…)
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