Billionaire Elon Musk revealed: If you want to get rich, you must not ignore this investment, success will come sooner or later

As the richest man in the world, Elon Musk’s financial advice always carries certain value.

Elon Musk is currently the richest person in the world with a fortune estimated by Forbes at $397 billion. His journey to wealth began with co-founding the payment platform PayPal, but Musk’s name today is associated with electric car company Tesla and the leading rocket and spacecraft manufacturing company SpaceX.

However, Elon Musk did not come from a wealthy family. His childhood in South Africa was full of hardship. Musk worked many jobs in his twenties, even having to sleep in the office for three months at a time.

With his will, extraordinary thinking and luck, Elon Musk has built a huge fortune at a record speed. Therefore, Elon Musk’s financial advice always has certain values ​​for those who want to find a path to success.

Not Just About Money

In his 2012 commencement speech at the California Institute of Technology, Elon Musk said that his goal was not to get rich, but to make a positive impact on the world.

After leaving PayPal, he asked himself: “What problem will have the greatest impact on the future of humanity?” He did not focus on making money but looked further at what really has lasting meaning for humanity.

From there, he founded Tesla with the mission of accelerating the transition to sustainable energy. He believes that this is the key to preventing the climate crisis. Concerns about greenhouse gases and climate change also motivated him to found SpaceX with the goal of helping humanity “live multi-planetarily and replicate the Earth ecosystem.”

The lesson here is to pursue work that creates positive value and the money will come.

Invest in Yourself

Elon Musk is someone who constantly asks himself how to improve and become better every day.

At the age of 8, he spent 10 hours a day reading, to the point of reading all the library books and then reading the entire Encyclopedia Britannica. From a young age, he focused on learning and investing in himself.

At the age of 12, Musk taught himself programming and sold his first video game for $500. After earning dual degrees in physics and economics from the University of Pennsylvania, he began his entrepreneurial journey.

His first success came in 2002, when eBay acquired PayPal, earning him $180 million. Instead of sitting on that money, he reinvested most of it in projects like Tesla, SpaceX, and other companies.

Both Tesla and SpaceX had rough starts. Tesla nearly went bankrupt during the 2008 financial crisis, and SpaceX had failed several times in its rocket launches. However, Musk persisted in using his own money to maintain operations.

Those efforts eventually paid off. SpaceX and Tesla are now leading companies in the US. Elon Musk’s assets have increased exponentially.

Work hard and don’t be afraid of failure

Elon Musk is famous for being a workaholic. He once said: “Persistence is a very important factor. Don’t give up unless you have to give up.” According to him, to be successful, people must “work like crazy”.

Elon Musk believes that if others work 40 hours a week, he works 100 hours. So, even if you do the same job, you will achieve results in 4 months instead of 1 year like them.

Elon Musk’s path to success is not paved with roses. He was once fired from two companies he founded, Zip2 and PayPal. Tesla and SpaceX were on the verge of bankruptcy. But he did not give up. Musk learned from his mistakes and continued to move forward.

Looking at Elon Musk’s journey, anyone can find inspiration to reach their goals. No matter where you start, investing in yourself, pursuing meaning, and relentless persistence are the sustainable paths to success.