To The Moon

Hello everyone! Today i want to share some trading ideas with you!

Elon Musk: How to win $Tesla Motors(TSLA)$

Taking risk:

If things are not failing, you are not innovating enoughThere's a tremendous bias against taking risks. Everyone is trying to optimize their covering.

Some people don't like change, but you need to embrace change if the alternative is disasterThe first step is to establish that something is possible; then probability will occur.

Hard work:

Persistence is very important. You should not give up unless you are forced to give up.Work like hel. l mean you just have to put in 80 to 100 hour weeks every week. This improves the odds of success.

When something is important enough, you do it even if the odds are not in your favor

Leadership:

The path to the CEO's office should not be through the CFo's office, and it should not bethrough the marketing department, it needs to be through engineering and desian.People work better when they know what the goal is and why. lt is important that people lookforward to coming to work in the morning and enjoy working.

If you're a co-founder or CEO, you have to do all kinds of tasks you might not want to do. Notask is too menial.

Personal growth:

Very important to have a feedback loop, where you're constantly thinking about what you've done and how you could be doing it better.

Really pay attention to negative feedback and solicit it, particularly from friendsIt is possible for ordinary people to choose to be extraordinary

If you get up in the morning and think the future is going to be better, it is a bright day.

People should pursue what they're passionate about. That will make them happier than prettymuch anything else.

Entrepreneurship:

Starting and growing a business is as much about the innovation, drive, and determination ofthe people behind it as the product they sell.

Being an entrepreneur is like eating glass and staring into the abyss of deathWhen somebody has a breakthrough, it is rarely one little thing. Very rarely, is it one littlething. lt's usually a whole bunch of things that collectively amount to a huge innovation.Talent is extremely important. lt's like a sports team, the team that has the best individualplayer will often win, but then there's a multiplier from how those players work together andthe strategy they employ.

it is a mistake to hire huge numbers of people to get a complicated job done. Numbers wilnever compensate for talent in getting the right answer.